- ------------------------------------------------------------------------------
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 20, 2000
GREENWICH CAPITAL ACCEPTANCE, INC.
----------------------------------
(Exact name of registrant as specified in its charter)
Delaware 333-67327 06-1199884
- --------------------------------- ------------ --------------------
(State or Other Jurisdiction of (Commission (I.R.S. Employer
Incorporation) File Number) Identification No.)
600 Steamboat Road
Greenwich, Connecticut 06830
- --------------------------- ------------
(Address of Principal (Zip Code)
Registrant's telephone number, including area code (203) 622-2700
----- --------
- ------------------------------------------------------------------------------
<PAGE>
Item 5. Other Events.
- ---- ------------
On October 1, 1999, Greenwich Capital Acceptance, Inc. (the "Company")
entered into a Trust Agreement dated as of October 1, 1999, by and between the
Company, as depositor; and The Bank of New York, as Trustee, providing for the
issuance of the Resecuritization Mortgage Trust Certificates, Series 1999-B
(the "Certificates").
The following exhibit which relates specially to the Certificates is
included with this Current Report:
Item 7(c). Exhibits
- ---- --------
99.02 Monthly Payment Date Statement distributed to Certificateholders,
dated December 19, 1999.
99.03 Monthly Payment Date Statement distributed to Certificateholders,
dated January 19, 2000.
99.04 Monthly Payment Date Statement distributed to Certificateholders,
dated February 19, 2000.
99.05 Monthly Payment Date Statement distributed to Certificateholders,
dated March 19, 2000.
<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 20, 2000
<PAGE>
Exhibit Index
- -------------
Exhibit Page
- ------- ----
99.02 Monthly Payment Date Statement distributed to
Certificateholders, dated December 19, 1999. 5
99.03 Monthly Payment Date Statement distributed to
Certificateholders, dated January 19, 2000. 10
99.04 Monthly Payment Date Statement distributed to
Certificateholders, dated February 19, 2000. 15
99.05 Monthly Payment Date Statement distributed to
Certificateholders, dated March 19, 2000. 20
<PAGE>
<TABLE>
<CAPTION>
EXHIBIT 99.02
Distribution Date: 12/19/99
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Certificateholder Monthly Distribution Summary
- ---------- ---------------- ------------- ----------------- ---------------- ----------- ---------------- --------------
Certificate Pass
Class Rate Beginning Through Principal Interest
Class Cusip Description Type Balance Rate(%) Distribution Distribution
- ---------- ---------------- ------------- ----------------- ---------------- ----------- ---------------- --------------
<S> <C> <C> <C> <C> <C> <C> <C>
A1 761042BD1 Senior Fix-30/360 222,820,305.64 6.750000 1,745,378.98 1,253,364.22
A2 761042BE9 Senior Fix-30/360 29,613,000.00 6.750000 0.00 166,573.13
A3 761042BF6 Senior Fix-30/360 19,822,889.13 6.750000 77,544.62 111,503.75
A4 761042BG4 Senior Fix-30/360 13,785,710.88 6.750000 0.00 0.00
A5 761042BH2 Senior Fix-30/360 31,899,261.19 6.750000 29,467.81 179,433.34
T BCC038918 Senior Fix-30/360 134,488.60 6.750000 750.76 756.50
AR 761042BJ8 Senior Fix-30/360 0.00 6.750000 0.00 0.01
- ---------- ---------------- ------------- ----------------- ---------------- ----------- ---------------- --------------
- ---------- ---------------- ------------- ----------------- ---------------- ----------- ---------------- --------------
Totals 318,075,655.44 1,853,142.17 1,711,630.95
- ---------- ---------------- ------------- ----------------- ---------------- ----------- ---------------- --------------
(table continued)
- ---------- -------------- ------------ ---------------- --------------
Current Cumulative
Total Realized Ending Realized
Class Distribution Losses Balance Losses
- ---------- -------------- ------------ ---------------- --------------
<S> <C> <C> <C> <C>
A1 2,998,743.20 0.00 221,074,926.66 0.00
A2 166,573.13 0.00 29,613,000.00 0.00
A3 189,048.38 0.00 19,745,344.50 0.00
A4 0.00 0.00 13,863,255.50 0.00
A5 208,901.15 0.00 31,869,793.39 0.00
T 1,507.26 0.00 133,737.85 0.00
AR 0.01 0.00 0.00 0.00
- ---------- -------------- ------------ ---------------- --------------
- ---------- -------------- ------------ ---------------- --------------
Totals 3,564,773.13 0.00 316,300,057.90 0.00
- ---------- -------------- ------------ ---------------- --------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date: 12/19/99
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Principal Distribution Detail
- ------------ ---------------- ---------------- ---------------- ------------- ------------- -------------- -------------- ----------
Original Beginning Scheduled Unscheduled Net Current
Certificate Certificate Principal Accretion Principal Principal Realized
Class Cusip Balance Balance Distribution Principal Adjustments Distribution Losses
- ------------ ---------------- ---------------- ---------------- ------------- ------------- -------------- -------------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 761042BD1 224,000,000.00 222,820,305.64 1,745,378.98 0.00 0.00 1,745,378.98 0.00
A2 761042BE9 29,613,000.00 29,613,000.00 0.00 0.00 0.00 0.00 0.00
A3 761042BF6 19,900,000.00 19,822,889.13 77,544.62 0.00 0.00 77,544.62 0.00
A4 761042BG4 13,708,600.00 13,785,710.88 0.00 77,544.62 0.00 0.00 0.00
A5 761042BH2 31,928,500.00 31,899,261.19 29,467.81 0.00 0.00 29,467.81 0.00
T BCC038918 135,000.00 134,488.60 750.76 0.00 0.00 750.76 0.00
AR 761042BJ8 48.92 0.00 0.00 0.00 0.00 0.00 0.00
- ------------ ---------------- ---------------- ---------------- ------------- ------------- -------------- -------------- ----------
- ------------ ---------------- ---------------- ---------------- ------------- ------------- -------------- -------------- ----------
Totals 318,075,655.44 0.00
- ------------ ---------------- ---------------- ---------------- ------------- ------------- -------------- -------------- ----------
(table continued)
- ------------ ----------------- -------------------
Ending Ending
Certificate Certificate
Class Balance Factor
- ------------ ----------------- -------------------
<S> <C> <C>
A1 221,074,926.66 0.98694163688
A2 29,613,000.00 1.00000000000
A3 19,745,344.50 0.99222836690
A4 13,863,255.50 1.01128164063
A5 31,869,793.39 0.99816131003
T 133,737.85 0.99065070505
AR 0.00 0.00000000000
- ------------ ----------------- -------------------
- ------------ ----------------- -------------------
Totals 316,300,057.90
- ------------ ----------------- -------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date: 12/19/99
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Interest Distribution Detail
- ------------------- ---------------- ---------------- ----------------- ---------------- ---------------- -----------------
Beginning Pass Accrued Cumulative Total
Certificate Through Optimal Unpaid Deferred Interest
Class Balance Rate (%) Interest Interest Interest Due
- ------------------- ---------------- ---------------- ----------------- ---------------- ---------------- -----------------
<S> <C> <C> <C> <C> <C> <C>
A1 222,820,305.64 6.750000 1,253,364.22 0.00 0.00 1,253,364.22
A2 29,613,000.00 6.750000 166,573.13 0.00 0.00 166,573.13
A3 19,822,889.13 6.750000 111,503.75 0.00 0.00 111,503.75
A4 13,785,710.88 6.750000 0.00 0.00 77,544.62 77,544.62
A5 31,899,261.19 6.750000 179,433.34 0.00 0.00 179,433.34
T 134,488.60 6.750000 756.50 0.00 0.00 756.50
AR 0.00 6.750000 0.00 0.00 0.00 0.00
- ------------------- ---------------- ---------------- ----------------- ---------------- ---------------- -----------------
- ------------------- ---------------- ---------------- ----------------- ---------------- ---------------- -----------------
Totals 318,075,655.44 1,711,630.94 0.00 77,544.62 1,789,175.56
- ------------------- ---------------- ---------------- ----------------- ---------------- ---------------- -----------------
(table continued)
- ------------------- ---------------- ---------------- ----------------
Net Unscheduled
Prepayment Interest Interest
Class Int Shortfall Adjustment Paid
- ------------------- ---------------- ---------------- ----------------
<S> <C> <C> <C>
A1 0.00 0.00 1,253,364.22
A2 0.00 0.00 166,573.13
A3 0.00 0.00 111,503.75
A4 0.00 0.00 0.00
A5 0.00 0.00 179,433.34
T 0.00 0.00 756.50
AR 0.00 0.00 0.01
- ------------------- ---------------- ---------------- ----------------
- ------------------- ---------------- ---------------- ----------------
Totals 0.00 0.00 1,711,630.95
- ------------------- ---------------- ---------------- ----------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date: 12/19/99
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Current Payment Information
Factors per $1,000
- ----------------------- --------------------- --------------------- --------------------- ---------------------
Original Beginning Cert.
Certificate Notional Principal
Class Cusip Balance Balance Distribution
- ----------------------- --------------------- --------------------- --------------------- ---------------------
<S> <C> <C> <C> <C>
A1 761042BD1 224,000,000.00 994.733507310 7.791870434
A2 761042BE9 29,613,000.00 1,000.000000000 0.000000000
A3 761042BF6 19,900,000.00 996.125081658 3.896714757
A4 761042BG4 13,708,600.00 1,005.625000000 0.000000000
A5 761042BH2 31,928,500.00 999.084241121 0.922931091
T BCC038918 135,000.00 996.211870505 5.561165453
AR 761042BJ8 48.92 0.000000000 0.000000000
- ----------------------- --------------------- --------------------- --------------------- ---------------------
- ----------------------- --------------------- --------------------- --------------------- ---------------------
Totals 319,285,148.92 996.211870536 5.804034971
- ----------------------- --------------------- --------------------- --------------------- ---------------------
(table contineud)
- ----------------------- --------------------- -------------------- ---------------------
Ending Cert. Pass
Interest Notional Through
Class Distribution Balance Rate(%)
- ----------------------- --------------------- -------------------- ---------------------
<S> <C> <C> <C>
A1 5.595375979 986.941636876 6.750000
A2 5.625000000 1,000.000000000 6.750000
A3 5.603203584 992.228366901 6.750000
A4 0.000000000 1,011.281640625 6.750000
A5 5.619848856 998.161310030 6.750000
T 5.603691772 990.650705051 6.750000
AR 0.167440786 0.000000000 6.750000
- ----------------------- --------------------- -------------------- ---------------------
- ----------------------- --------------------- -------------------- ---------------------
Totals 5.360822311 990.650705083
- ----------------------- --------------------- -------------------- ---------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date: 12/19/99
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
<S> <C>
Pool Level Data
Distribution Date 12/19/99
Cut-off Date 10/1/99
Determination Date 12/1/99
Accrual Period Begin 11/1/99
End 12/1/99
Number of Days in Accrual Period 30
- -------------------------------------------------------------------------------
Collateral Information
- -------------------------------------------------------------------------------
Group 1
Cut-Off Date Balance 319,285,148.92
Beginning Aggregate Pool Stated Principal Balance 318,075,655.44
Ending Aggregate Pool Stated Principal Balance 316,300.057.89
Beginning Aggregate Certificate Stated Principal Balance 318,075,655.43
Ending Aggregate Certificate Stated Principal Balance 316,300,057.89
Available Funds 3,564,773.11
Accrual Distribution Amount 77,544.62
Class A-5 Priority Distribution Amount 29,467.81
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
EXHIBIT 99.03
Distribution Date 1/19/00
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Certificateholder Monthly Distribution Summary
- -------------- -------------- ------------- --------------- ---------------- -------------- ------------- --------------
Certificate Pass
Class Rate Beginning Through Principal Interest
Class Cusip Description Type Balance Rate(%) Distribution Distribution
- -------------- -------------- ------------- --------------- ---------------- -------------- ------------- --------------
<S> <C> <C> <C> <C> <C> <C> <C>
A1 761042BD1 Senior Fix-30/360 221,074,926.66 6.750000 1,200,253.65 1,243,546.46
A2 761042BE9 Senior Fix-30/360 29,613,000.00 6.750000 0.00 166,573.13
A3 761042BF6 Senior Fix-30/360 19,745,344.50 6.750000 77,980.81 111,067.56
A4 761042BG4 Senior Fix-30/360 13,863,255.50 6.750000 0.00 0.00
A5 761042BH2 Senior Fix-30/360 31,869,793.39 6.750000 29,711.14 179,267.59
T BCC038918 Senior Fix-30/360 133,737.85 6.750000 520.27 752.28
AR 761042BJ8 Senior Fix-30/360 0.00 6.750000 0.00 0.00
- -------------- -------------- ------------- --------------- ---------------- -------------- ------------- --------------
- -------------- -------------- ------------- --------------- ---------------- -------------- ------------- --------------
Totals 316,300,057.90 1,308,465.87 1,701,207.02
- -------------- -------------- ------------- --------------- ---------------- -------------- ------------- --------------
(table continued)
- -------------- ---------------- ------------ --------------- -------------
Current Cumulative
Total Realized Ending Realized
Class Distribution Losses Balance Losses
- -------------- ---------------- ------------ --------------- -------------
<S> <C> <C> <C> <C>
A1 2,443,800.11 0.00 219,874,673.01 0.00
A2 166,573.13 0.00 29,613,000.00 0.00
A3 189,048.38 0.00 19,667,363.69 0.00
A4 0.00 0.00 13,941,236.31 0.00
A5 208,978.73 0.00 31,840,082.25 0.00
T 1,272.55 0.00 133,217.57 0.00
AR 0.00 0.00 0.00 0.00
- -------------- ---------------- ------------ --------------- -------------
- -------------- ---------------- ------------ --------------- -------------
Totals 3,009,672.90 0.00 315,069,572.83 0.00
- -------------- ---------------- ------------ --------------- -------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date 1/19/00
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Principal Distribution Detail
- ----------- ---------------- --------------- ---------------- --------------- ---------------- -------------- ----------------
Original Beginning Scheduled Unscheduled Net
Certificate Certificate Principal Accretion Principal Principal
Class Cusip Balance Balance Distribution Principal Adjustments Distribution
- ----------- ---------------- --------------- ---------------- --------------- ---------------- -------------- ----------------
<S> <C> <C> <C> <C> <C> <C> <C>
A1 761042BD1 224,000,000.00 221,074,926.66 1,200,253.65 0.00 0.00 1,200,253.65
A2 761042BE9 29,613,000.00 29,613,000.00 0.00 0.00 0.00 0.00
A3 761042BF6 19,900,000.00 19,745,344.50 77,980.81 0.00 0.00 77,980.81
A4 761042BG4 13,708,600.00 13,863,255.50 0.00 77,980.81 0.00 0.00
A5 761042BH2 31,928,500.00 31,869,793.39 29,711.14 0.00 0.00 29,711.14
T BCC038918 135,000.00 133,737.85 520.27 0.00 0.00 520.27
AR 761042BJ8 48.92 0.00 0.00 0.00 0.00 0.00
- ----------- ---------------- --------------- ---------------- --------------- ---------------- -------------- ----------------
- ----------- ---------------- --------------- ---------------- --------------- ---------------- -------------- ----------------
Totals 319,285,148.92 316,300,057.90 1,308,465.87 77,980.81 0.00 1,308,465.87
- ----------- ---------------- --------------- ---------------- --------------- ---------------- -------------- ----------------
(table continued)
- ----------- ----------------- ------------------ ----------------
Current Ending Ending
Realized Certificate Certificate
Class Losses Balance Factor
- ----------- ----------------- ------------------ ----------------
<S> <C> <C> <C>
A1 0.00 219,874,673.01 0.98158336164
A2 0.00 29,613,000.00 1.00000000000
A3 0.00 19,667,363.69 0.98830973312
A4 0.00 13,941,236.31 1.01697009985
A5 0.00 31,840,082.25 0.99723075774
T 0.00 133,217.57 0.98679683000
AR 0.00 0.00 0.00000000000
- ----------- ----------------- ------------------ ----------------
- ----------- ----------------- ------------------ ----------------
Totals 0.00 315,069,572.83
- ----------- ----------------- ------------------ ----------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date 1/19/00
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Interest Distribution Detail
- ------------ ----------------- ------------------ ------------------ ----------------- ------------------ ------------------
Beginning Pass Accrued Cumulative Total
Certificate Through Optimal Unpaid Deferred Interest
Class Balance Rate(%) Interest Interest Interest Due
- ------------ ----------------- ------------------ ------------------ ----------------- ------------------ ------------------
<S> <C> <C> <C> <C> <C> <C>
A1 221,074,926.66 6.750000 1,243,546.46 0.00 0.00 1,243,546.46
A2 29,613,000.00 6.750000 166,573.13 0.00 0.00 166,573.13
A3 19,745,344.50 6.750000 111,067.56 0.00 0.00 111,067.56
A4 13,863,255.50 6.750000 0.00 0.00 77,980.81 77,980.81
A5 31,869,793.39 6.750000 179,267.59 0.00 0.00 179,267.59
T 133,737.85 6.750000 752.28 0.00 0.00 752.28
AR 0.00 6.750000 0.00 0.00 0.00 0.00
- ------------ ----------------- ------------------ ------------------ ----------------- ------------------ ------------------
- ------------ ----------------- ------------------ ------------------ ----------------- ------------------ ------------------
Totals 316,300,057.90 1,701,207.02 0.00 77,980.81 1,779,187.83
- ------------ ----------------- ------------------ ------------------ ----------------- ------------------ ------------------
(table continued)
- ------------ ----------------- ------------------ ------------------
Net Unscheduled
Prepayment Interest Interest
Class Int Shortfall Adjustment Paid
- ------------ ----------------- ------------------ ------------------
<S> <C> <C> <C>
A1 0.00 0.00 1,243,546.46
A2 0.00 0.00 166,573.13
A3 0.00 0.00 111,067.56
A4 0.00 0.00 0.00
A5 0.00 0.00 179,267.59
T 0.00 0.00 752.28
AR 0.00 0.00 0.00
- ------------ ----------------- ------------------ ------------------
- ------------ ----------------- ------------------ ------------------
Totals 0.00 0.00 1,701,207.02
- ------------ ----------------- ------------------ ------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date 1/19/00
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Current Payment Information
Factors per $1,000
- ------------ ----------------------- ----------------------- ----------------------- ----------------------- -----------------------
Original Beginning Cert.
Certificate Notional Principal Interest
Class Cusip Balance Balance Distribution Distribution
- ------------ ----------------------- ----------------------- ----------------------- ----------------------- -----------------------
<S> <C> <C> <C> <C> <C>
A1 761042BD1 224,000,000.00 986.941636876 5.358275233 5.551546707
A2 761042BE9 29,613,000.00 1,000.000000000 0.000000000 5.625000000
A3 761042BF6 19,900,000.00 992.228366901 3.918633778 5.581284564
A4 761042BG4 13,708,600.00 1,011.281640625 0.000000000 0.000000000
A5 761042BH2 31,928,500.00 998.161310030 0.930552294 5.614657369
T BCC038918 135,000.00 990.650705051 3.853875052 5.572410216
AR 761042BJ8 48.92 0.000000000 0.000000000 0.000000000
- ------------ ----------------------- ----------------------- ----------------------- ----------------------- -----------------------
- ------------ ----------------------- ----------------------- ----------------------- ----------------------- -----------------------
Totals 319,285,148.92 990.650705083 4.098110653 5.328174598
- ------------ ----------------------- ----------------------- ----------------------- ----------------------- -----------------------
(table continued)
- ------------ ----------------------- -----------------------
Ending Cert. Pass
Notional Through
Class Balance Rate(%)
- ------------ ----------------------- -----------------------
<S> <C> <C>
A1 981.583361642 6.750000
A2 1,000.000000000 6.750000
A3 988.309733123 6.750000
A4 1,016.970099854 6.750000
A5 997.230757736 6.750000
T 986.796829999 6.750000
AR 0.000000000 6.750000
- ------------ ----------------------- -----------------------
- ------------ ----------------------- -----------------------
Totals 986.796830030
- ------------ ----------------------- -----------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date 1/19/00
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
<S> <C>
Pool Level Data
Distribution Date 1/19/00
Cut-off Date 10/1/99
Determination Date 1/1/00
Accrual Period Begin 12/1/99
End 1/1/00
Number of Days in Accrual Period 31
- ---------------------------------------------------------
Collateral Information
- ---------------------------------------------------------
Group 1
Cut-Off Date Balance 319,285,148.92
Beginning Aggregate Pool Stated Principal Balance 316,300,057.89
Ending Aggregate Pool Stated Principal Balance 315,069,572.82
Beginning Aggregate Certificate Stated Principal Balance 316,300,057.89
Ending Aggregate Certificate Stated Principal Balance 315,069,572.83
Available Funds 3,009,672.89
Accrual Distribution Amount 77,980.81
Class A-5 Priority Distribution Amount 29,711.14
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
EXHIBIT 99.04
Distribution Date: 2/19/00
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Certificateholder Monthly Distribution Summary
- -------------- ------------- ------------- ---------------- ---------------- -------------- ------------- --------------
Certificate Pass
Class Rate Beginning Through Principal Interest
Class Cusip Description Type Balance Rate (%) Distribution Distribution
- -------------- ------------- ------------- ---------------- ---------------- -------------- ------------- --------------
<S> <C> <C> <C> <C> <C> <C> <C>
A1 761042BD1 Senior Fix-30/360 219,874,673.01 6.750000 1,505,247.57 1236,795.04
A2 761042BE9 Senior Fix-30/360 29,613,000.00 6.750000 0.00 166,573.13
A3 761042BF6 Senior Fix-30/360 19,667,363.69 6.750000 78,419.45 110,628.92
A4 761042BG4 Senior Fix-30/360 13,941,236.31 6.750000 0.00 0.00
A5 761042BH2 Senior Fix-30/360 31,840,082.25 6.750000 29,998.05 179,100.46
T BCC038918 Senior Fix-30/360 133,217.57 6.750000 649.41 749.35
AR 761042BJ8 Senior Fix-30/360 0.00 6.750000 0.00 0.00
- -------------- ------------- ------------- ---------------- ---------------- -------------- ------------- --------------
- -------------- ------------- ------------- ---------------- ---------------- -------------- ------------- --------------
Totals 315,069,572.83 1,614,314.48 1,693,846.90
- -------------- ------------- ------------- ---------------- ---------------- -------------- ------------- --------------
(table continued)
- -------------- -------------- -------------- --------------- -------------
Current Cumulative
Total Realized Ending Realized
Class Distribution Losses Balance Losses
- -------------- -------------- -------------- --------------- -------------
<S> <C> <C> <C> <C>
A1 2,742,042.61 0.00 218,369,425.44 0.00
A2 166,573.13 0.00 29,613,000.00 0.00
A3 189,048.38 0.00 19,588,944.23 0.00
A4 0.00 0.00 14,019,655.77 0.00
A5 209,098.51 0.00 31,810,084.20 0.00
T 1,398.76 0.00 132,568.17 0.00
AR 0.00 0.00 0.00 0.00
- -------------- -------------- -------------- --------------- -------------
- -------------- -------------- -------------- --------------- -------------
Totals 3,308,161.39 0.00 313,533,677.81 0.00
- -------------- -------------- -------------- --------------- -------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date: 2/19/00
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Principal Distribution Detail
- -------------- ------------- ------------------- --------------- ---------------- ------------ --------------- ----------------
Original Beginning Scheduled Unscheduled Net
Certificate Certificate Principal Accretion Principal Principal
Class Cusip Balance Balance Distribution Principal Adjustments Distribution
- -------------- ------------- ------------------- --------------- ---------------- ------------ --------------- ----------------
<S> <C> <C> <C> <C> <C> <C> <C>
A1 761042BD1 224,000,000.00 219,874,673.01 1,505,247.57 0.00 0.00 1,505,247.57
A2 761042BE9 29,613,000.00 29,613,000.00 0.00 0.00 0.00 0.00
A3 761042BF6 19,900,000.00 19,667,363.69 78,419.45 0.00 0.00 78,419.45
A4 761042BG4 13,708,600.00 13,941,236.31 0.00 78,419.45 0.00 0.00
A5 761042BH2 31,928,500.00 31,840,082.25 29,998.05 0.00 0.00 29,998.05
T BCC038918 135,000.00 133,217.57 649.41 0.00 0.00 649.41
AR 761042BJ8 48.92 0.00 0.00 0.00 0.00 0.00
- -------------- ------------- ------------------- --------------- ---------------- ------------ --------------- ----------------
- -------------- ------------- ------------------- --------------- ---------------- ------------ --------------- ----------------
Totals 319,285,149.92 315,069,572.83 1,614,314.48 78,419.45 0.00 1,614,314.48
- -------------- ------------- ------------------- --------------- ---------------- ------------ --------------- ----------------
(table continued)
- -------------- ------------ --------------- ----------------
Current Ending Ending
Realized Certificate Certificate
Class Losses Balance Factor
- -------------- ------------ --------------- ----------------
<S> <C> <C> <C>
A1 0.00 218,369,425.44 0.97486350641
A2 0.00 29,613,000.00 1.00000000000
A3 0.00 19,588,944.23 0.98436905703
A4 0.00 14,019,655.77 1.02269055667
A5 0.00 31,810,084.20 0.99629121934
T 0.00 132,568.17 0.98198641199
AR 0.00 0.00 0.00000000000
- -------------- ------------ --------------- ----------------
- -------------- ------------ --------------- ----------------
Totals 0.00 313,533,677.81
- -------------- ------------ --------------- ----------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date: 2/19/00
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Interest Distribution Detail
- -------------- ----------------- -------------- ---------------- -------------- ------------ --------------- ----------------
Beginning Pass Accrued Cumulative Total Net
Certificate Through Optimal Unpaid Deferred Interest Prepayment
Class Balance Rate (%) Interest Interest Interest Due Int Shortfall
- -------------- ----------------- -------------- ---------------- -------------- ------------ --------------- ----------------
<S> <C> <C> <C> <C> <C> <C> <C>
A1 219,874,673.01 6.750000 1,236,795.04 0.00 0.00 1,236,795.04 0.00
A2 29,613,000.00 6.750000 166,573.13 0.00 0.00 166,573.13 0.00
A3 19,667,363.69 6.750000 110,628.92 0.00 0.00 110,628.92 0.00
A4 13,941,236.31 6.750000 0.00 0.00 78,419.45 78,419.45 0.00
A5 31,840,082.25 6.750000 179,100.46 0.00 0.00 179,100.46 0.00
T 133,217.57 6.750000 749.35 0.00 0.00 749.35 0.00
AR 0.00 6.750000 0.00 0.00 0.00 0.00 0.00
- -------------- ----------------- -------------- ---------------- -------------- ------------ --------------- ----------------
- -------------- ----------------- -------------- ---------------- -------------- ------------ --------------- ----------------
Totals 315,069,572.83 1,693,846.90 78,419.45 1,772,266.35 1,614,314.48
- -------------- ----------------- -------------- ---------------- -------------- ------------ --------------- ----------------
(table continued)
- -------------- -------------- ---------------------
Unscheduled
Interest Interest
Class Adjustment Paid
- -------------- -------------- ---------------------
<S> <C> <C> <C>
A1 0.00 1,236,795.04
A2 0.00 166,573.13
A3 0.00 110,628.92
A4 0.00 0.00
A5 0.00 179,100.46
T 0.00 749.35
AR 0.00 0.00
- -------------- -------------- ---------------------
- -------------- -------------- ---------------------
Totals 0.00 1,693,846.90
- -------------- -------------- ---------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date: 2/19/00
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Current Payment Information
Factors per $1,000
- -------------- ------------- ---------------------- ------------------- -------------------- ---------------- --------------------
Original Beginning Cert. Ending Cert.
Certificate Notional Principal Interest Notional
Class Cusip Balance Balance Distribution Distribution Balance
- -------------- ------------- ---------------------- ------------------- -------------------- ---------------- --------------------
<S> <C> <C> <C> <C> <C> <C>
A1 761042BD1 224,000,000.00 981.583361642 6.719855231 5.521406409 974.863506411
A2 761042BE9 29,613,000.00 1,000.000000000 0.000000000 5.625000000 1,000.000000000
A3 761042BF6 19,900,000.00 988.309733123 3.940676093 5.559242249 984.369057030
A4 761042BG4 13,708,600.00 1,016.970099854 0.000000000 0.000000000 1,022.690556665
A5 761042BH2 31,928,500.00 997.230757736 0.939538401 5.609423012 996.291219335
T BCC038918 135,000.00 986.796829999 4.810418008 5.550732169 981.986411991
AR 761042BJ8 48.92 0.000000000 0.000000000 0.058068124 0.000000000
- -------------- ------------- ---------------------- ------------------- -------------------- ---------------- --------------------
- -------------- ------------- ---------------------- ------------------- -------------------- ---------------- --------------------
Totals 319,285,148.92 986.796830030 5.056027458 5.305122727 981.986412054
- -------------- ------------- ---------------------- ------------------- -------------------- ---------------- --------------------
(table continued)
- -------------- -------------------
Pass
Through
Class Rate (%)
- -------------- -------------------
<S> <C>
A1 6.750000
A2 6.750000
A3 6.750000
A4 6.750000
A5 6.750000
T 6.750000
AR 6.750000
- -------------- -------------------
- -------------- -------------------
Totals
- -------------- -------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date: 2/19/00
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
<S> <C>
Pool Level Data
Distribution Date 2/19/00
Cut-off Date 10/1/99
Determination Date 2/1/00
Accrual Period Begin 1/1/00
End 2/1/00
Numbers of Days in Accrual Period 31
- ----------------------------------------------
Collateral Information
- ----------------------------------------------
Group 1
Cut-Off Date Balance 319,285,148.92
Beginning Aggregate Pool Stated Principal Balance 315,069,572.82
Ending Aggregate Pool Stated Principal Balance 313,533,677.78
Beginning Aggregate Certificate Stated Principal Balance 315,069,572.83
Ending Aggregate Certificate Stated Principal Balance 313,533,677.80
Available Funds 3,308,161.38
Accrual Distribution Amount 78,419.45
Class A-5 Priority Distribution Amount 29,998.05
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
EXHIBIT 99.05
Distribution Date: 3/19/00
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Certificateholder Monthly Distribution Summary
- -------------- -------------- ------------- --------------- ---------------- -------------- ------------- --------------
Certificate Pass
Class Rate Beginning Through Principal Interest
Class Cusip Description Type Balance Rate(%) Distribution Distribution
- -------------- -------------- ------------- --------------- ---------------- -------------- ------------- --------------
<S> <C> <C> <C> <C> <C> <C> <C>
A 1 761042BD1 Senior Fix-30/360 218,369,425.44 6.750000 643,132.50 1,228,328.02
A2 761042BE9 Senior Fix-30/360 29,613,000.00 6.750000 0.00 166,573.13
A3 761042BF6 Senior Fix-30/360 19,588,944.23 6.750000 78,860.56 110,187.81
A4 761042BG4 Senior Fix-30/360 14,019,655.77 6.750000 0.00 0.00
A5 761042BH2 Senior Fix-30/360 31,810,084.20 6.750000 30,272.57 178,931.72
T BCC038918 Senior Fix-30/360 132,568.17 6.750000 284.85 745.70
AR 761042BJ8 Senior Fix-30/360 0.00 6.750000 0.00 0.00
- -------------- -------------- ------------- --------------- ---------------- -------------- ------------- --------------
- -------------- -------------- ------------- --------------- ---------------- -------------- ------------- --------------
Totals 313,533,677.81 752,550.48 1,684,766.38
- -------------- -------------- ------------- --------------- ---------------- -------------- ------------- --------------
(table continued)
- -------------- ---------------- ------------ --------------- -------------
Current Cumulative
Total Realized Ending Realized
Class Distribution Losses Balance Losses
- -------------- ---------------- ------------ --------------- -------------
<S> <C> <C> <C>
A 1 1,871,460.52 0.00 217,726,292.93 0.00
A2 166,573.13 0.00 29,613,000.00 0.00
A3 189,048.38 0.00 19,510,083.67 0.00
A4 0.00 0.00 14,098,516.33 0.00
A5 209,204.29 0.00 31,779,811.63 0.00
T 1,030.55 0.00 132,283.32 0.00
AR 0.00 0.00 0.00 0.00
- -------------- ---------------- ------------ --------------- -------------
- -------------- ---------------- ------------ --------------- -------------
Totals 2,437,316.87 0.00 312,859,987.88 0.00
- -------------- ---------------- ------------ --------------- -------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date: 3/19/00
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Principal Distribution Detail
- ----------- ---------------- --------------- ---------------- --------------- ---------------- -------------- ----------------
Original Beginning Scheduled Unscheduled Net
Certificate Certificate Principal Accretion Principal Principal
Class Cusip Balance Balance Distribution Principal Adjustments Distribution
- ----------- ---------------- --------------- ---------------- --------------- ---------------- -------------- ----------------
<S> <C> <C> <C> <C> <C> <C> <C>
A 1 761042BD1 224,000,000.00 218,369,425.44 643,132.50 0.00 0.00 643,132.50
A2 761042BE9 29,613,000.00 29,613,000.00 0.00 0.00 0.00 0.00
A3 761042BF6 19,900,000.00 19,588,944.23 78,860.56 0.00 0.00 78,860.56
A4 761042BG4 13,708,600.00 14,019,655.77 0.00 78,860.56 0.00 0.00
A5 761042BH2 31,928,500.00 31,810,084.20 30,272.57 0.00 0.00 30,272.57
T BCC038918 135,000.00 132,568.17 284.85 0.00 0.00 284.85
AR 761042BJ8 48.92 0.00 0.00 0.00 0.00 0.00
- ----------- ---------------- --------------- ---------------- --------------- ---------------- -------------- ----------------
- ----------- ---------------- --------------- ---------------- --------------- ---------------- -------------- ----------------
Totals 319,285,148.92 313,533,677.81 752,550.48 78,860.56 0.00 752,550.48
- ----------- ---------------- --------------- ---------------- --------------- ---------------- -------------- ----------------
(table continued)
- ----------- ----------------- ------------------ ----------------
Current Ending Ending
Realized Certificate Certificate
Class Losses Balance Factor
- ----------- ----------------- ------------------ ----------------
<S> <C> <C> <C>
A 1 0.00 217,726,292.93 0.97199237916
A2 0.00 29,613,000.00 1.00000000000
A3 0.00 19,510,083.67 0.98040621463
A4 0.00 14,098,516.33 1.02844319105
A5 0.00 31,779,811.63 0.99534308319
T 0.00 132,283.32 0.97987641746
AR 0.00 0.00 0.00000000000
- ----------- ----------------- ------------------ ----------------
- ----------- ----------------- ------------------ ----------------
Totals 0.00 312,859,987.88
- ----------- ----------------- ------------------ ----------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date: 3/19/00
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Interest Distribution Detail
- ------------ ----------------- ------------------ ------------------ ----------------- ------------------ ------------------
Beginning Pass Accrued Cumulative Total
Certificate Through Optimal Unpaid Deferred Interest
Class Balance Rate(%) Interest Interest Interest Due
- ------------ ----------------- ------------------ ------------------ ----------------- ------------------ ------------------
<S> <C> <C> <C> <C> <C> <C>
A1 218,369,425.44 6.750000 1,228,328.02 0.00 0.00 1,228,328.02
A2 29,613,000.00 6.750000 166,573.13 0.00 0.00 166,573.13
A3 19,588,944.23 6.750000 110,187.81 0.00 0.00 110,187.81
A4 14,019,655.77 6.750000 0.00 0.00 78,860.56 78,860.56
A5 31,810,084.20 6.750000 178,931.72 0.00 0.00 178,931.72
T 132,568.17 6.750000 745.70 0.00 0.00 745.70
AR 0.00 6.750000 0.00 0.00 0.00 0.00
- ------------ ----------------- ------------------ ------------------ ----------------- ------------------ ------------------
- ------------ ----------------- ------------------ ------------------ ----------------- ------------------ ------------------
Totals 313,533,677.81 1,684,766.38 0.00 78,860.56 1,763,626.94
- ------------ ----------------- ------------------ ------------------ ----------------- ------------------ ------------------
(table continued)
- ------------ ----------------- ------------------ ------------------
Net Unscheduled
Prepayment Interest Interest
Class Int Shortfall Adjustment Paid
- ------------ ----------------- ------------------ ------------------
<S> <C> <C> <C>
A1 0.00 0.00 1,228,328.02
A2 0.00 0.00 166,573.13
A3 0.00 0.00 110,187.81
A4 0.00 0.00 0.00
A5 0.00 0.00 178,931.72
T 0.00 0.00 745.70
AR 0.00 0.00 0.00
- ------------ ----------------- ------------------ ------------------
- ------------ ----------------- ------------------ ------------------
Totals 0.00 0.00 1,684,766.38
- ------------ ----------------- ------------------ ------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date: 3/19/00
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
Current Payment Information
Factors per $1,000
- ------------ ----------------------- ----------------------- ----------------------- ----------------------- -----------------------
Original Beginning Cert.
Certificate Notional Principal Interest
Class Cusip Balance Balance Distribution Distribution
- ------------ ----------------------- ----------------------- ----------------------- ----------------------- -----------------------
<S> <C> <C> <C> <C> <C>
A1 761042BD1 224,000,000.00 974.863506411 2.871127247 5.483607224
A2 761042BE9 29,613,000.00 1,000.000000000 0.000000000 5.625000000
A3 761042BF6 19,900,000.00 984.369057030 3.962842396 5.537075946
A4 761042BG4 13,708,600.00 1,022.690556665 0.000000000 0.000000000
A5 761042BH2 31,928,500.00 996.291219335 0.948136149 5.604138109
T BCC038918 135,000.00 981.986411991 2.109994530 5.523673567
AR 761042BJ8 48.92 0.000000000 0.000000000 0.008217456
- ------------ ----------------------- ----------------------- ----------------------- ----------------------- -----------------------
- ------------ ----------------------- ----------------------- ----------------------- ----------------------- -----------------------
Totals 319,285,148.92 981.986412054 2.356985543 5.276682569
- ------------ ----------------------- ----------------------- ----------------------- ----------------------- -----------------------
(table continued)
- ------------ ----------------------- -----------------------
Ending Cert. Pass
Notional Through
Class Balance Rate(%)
- ------------ ----------------------- -----------------------
<S> <C> <C>
A1 971.992379164 6.750000
A2 1,000.000000000 6.750000
A3 980.406214634 6.750000
A4 1,028.443191046 6.750000
A5 995.343083186 6.750000
T 979.876417462 6.750000
AR 0.000000000 6.750000
- ------------ ----------------------- -----------------------
- ------------ ----------------------- -----------------------
Totals 979.876417485
- ------------ ----------------------- -----------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Distribution Date: 3/19/00
Greenwich Capital Acceptance, Inc.
Resecuritization Mortgage Trust Certificates
Series 1999-B
<S> <C>
Pool Level Data
Distribution Date 3/19/00
Cut-off Date 10/1/99
Determination Date 3/l/00
Accrual Period Begin 2/l/00
End 3/1/00
Number of Days in Accrual Period 29
- ---------------------------------------------------------
Collateral Information
- ---------------------------------------------------------
Group 1
Cut-Off Date Balance 319,285,148.92
Beginning Aggregate Pool Stated Principal Balance 313,533,677.79
Ending Aggregate Pool Stated Principal Balance 312,859,987.87
Beginning Aggregate Certificate Stated Principal Balance 313,533,677.80
Ending Aggregate Certificate Stated Principal Balance 312,859,987.88
Available Funds 2,437,316.86
Accrual Distribution Amount 78,860.56
Class A-5 Priority Distribution Amount 30,272.57
</TABLE>
