<PAGE>
This information is furnished to you solely by Greenwich Capital Markets, Inc.
and not by the Issuer of the securities or any of its affiliates. Greenwich
Capital Markets, Inc. is acting as Underwriter and not acting as Agent for the
Issuer or its affiliates in connection with the proposed transaction.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
term sheet for this transaction. In addition, the information contained herein
will be superseded by information contained in term sheets circulated after the
date hereof and by information contained in the Prospectus and Prospectus
Supplement for this transaction. An offering may be made only through the
delivery of the Prospectus and Prospectus Supplement.
Preliminary Term Sheet Date Prepared: December 6, 2000
Delta Funding Home Equity Loan Trust 2000-4
Home Equity Loan Asset-Backed Certificates, Series 2000-4
[GRAPHIC OMITTED]
(Class A Certificate Insurer)
<TABLE>
<CAPTION>
---------- ------------------ -------------- --------------- ---------------- ------------------- -----------------------------
Approximate Tranche Certificate WAL (Yrs) Pymt Window Expected Ratings (5)
Class Class Size (1) Type Coupon (2) Call/Mat (3) (Mos) Call/Mat (3) S&P Moody's Fitch
---------- ------------------ -------------- --------------- ---------------- ------------------- -------- ---------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A $ 98,600,000 Sen TBD 3.15 / 3.39 1-101 / 1-220 AAA Aaa AAA
IO (4) Sen - IO TBD N/A N/A AAA Aaa AAA
---------- ------------------ -------------- --------------- ---------------- ------------------- -------- ---------- ---------
M1 6,000,000 Sub TBD 5.66 / 6.21 37-101 / 37-176 AA N/A AA
M2 5,500,000 Sub TBD 5.66 / 6.13 37-101 / 37-161 A N/A A
B 4,900,000 Sub TBD 5.65 / 5.88 37-101 / 37-138 BBB N/A BBB
---------- ------------------ -------------- --------------- ---------------- ------------------- -------- ---------- ---------
---------- ------------------ -------------- --------------- ---------------- ------------------- -------- ---------- ---------
Total $ 115,000,000
---------- ------------------ -------------- --------------- ---------------- ------------------- -------- ---------- ---------
</TABLE>
(1) The Certificates are backed primarily by the cash flow from a pool of fixed
rate and adjustable rate mortgage loans as of the Closing Date (the "Initial
Mortgage Loans") plus a pool of fixed rate and adjustable rate mortgage
loans deposited in the trust after the Cut-off Date (the "Pre-Funded
Mortgage Loans"), collectively the "Mortgage Loans". The Class Sizes are
subject to a +/- 5% variance.
(2) All Certificates are subject to an available funds cap. The coupon on the
Class A, M-1, M-2 and B Certificates will increase by [0.50]% after the
first date on which the Clean-up Call is exercisable.
(3) See "Pricing Prepayment Speed" herein.
(4) The Class IO Certificates will not receive any principal payments, but will
accrue interest on its notional balance, which initially equals $18,000,000
and reduces to $0.00 from month 2 through month 37, pursuant to the IO
Notional Balance Schedule herein and remains at $0.00 thereafter.
(5) The Seller contemplates only S&P and Fitch will rate the Class M-1, Class
M-2 and Class B Certificates.
[GRAPHIC OMITTED]
<PAGE>
<TABLE>
<S> <C>
Seller: Delta Funding Corporation.
Servicer: Countrywide Home Loans, Inc.
Underwriters: Greenwich Capital Markets, Inc. (Lead Manager), Countrywide Securities (Co-Manager).
Trustee: Wells Fargo Bank Minnesota, N.A. ("Wells Fargo").
[Custodian: Bank One, N.A. ("Bank One").]
Class A Certificate Insurer: Financial Security Assurance Corporation ("FSA," the "Insurer").
Rating Agencies: S&P, Moody's and Fitch (Moody's rates only the Class A Certificates).
Cut-off Date: The close of business on December 1, 2000 (for any Mortgage Loan originated after the Cut-off Date,
the origination date of the Mortgage Loan).
Pricing Date: On or about December [7], 2000.
Closing Date: On or about December [14], 2000.
Settlement Date: On or about December [14], 2000, through DTC, Euroclear or Clearstream, Luxembourg.
Distribution Date: The 15th day of each month (or the next succeeding business day) commencing on January 15, 2001.
Certificates Offered: The "Senior Certificates" (or the "Class A Certificates") will consist of (i) the Class A
and Class IO Certificates. The "Subordinate Certificates" will consist of the Class M-1, Class M-2
and Class B Certificates. The Senior Certificates and the Subordinate Certificates are collectively
referred to herein as the "Certificates."
Accrued Interest: The Certificates will settle with accrued interest. The price to be paid by investors for
the Certificates will include accrued interest from December 1, 2000 up to, but not including, the
Settlement Date (13 days).
Interest Accrual Period: The interest accrual period for the Certificates with respect to any Distribution
Date will be the calendar month preceding such Distribution Date (based on a 360-day year
consisting of twelve 30-day months).
Federal Tax Status: It is anticipated that the Certificates will be treated as REMIC regular interests for tax purposes.
Registration: The Certificates will be available in book-entry form through DTC, Clearstream, Luxembourg and the
Euroclear system.
ERISA Eligibility: The Certificates are expected to be ERISA eligible.
SMMEA Eligibility: The Certificates will NOT constitute "mortgage related securities" for purposes of SMMEA.
Mortgage Loans: As of the Cut-Off Date, the aggregate principal balance of the Mortgage Loans described herein was
approximately $75,461,059, (the "Statistic Calculation Mortgage Loans"). The Statistic Calculation
Mortgage Loans consist of the Fixed Rate and Adjustable Rate Mortgage Loans, as described below.
See attached collateral descriptions for more information. On or prior to the Closing Date,
additional mortgage loans having similar characteristics to the Statistic Calculation Mortgage
</TABLE>
[GRAPHIC OMITTED]
<PAGE>
<TABLE>
<S> <C>
Loans will be added to the trust (the "Additional Mortgage Loans", and together with the Statistic
Calculation Mortgage Loans, the "Initial Mortgage Loans"). A deposit (the "Pre-Funded Amount") will
be made to a pre-funding account on the Closing Date. On or prior to [January 31, 2001], (the
"Pre-Funding Period"), the Pre-Funded Amount on deposit in the pre-funding account will be used to
purchase subsequent Mortgage Loans (to the extent funds are available) having similar
characteristics to the Initial Mortgage Loans, with any unused portion of such deposit amount to be
distributed as principal on the Certificates (the "Pre-Funded Mortgage Loans" and together with the
Initial Mortgage Loans, the "Mortgage Loans").
Fixed Rate Mortgage Loans: Approximately $69,866,037 of the Statistic Calculation Mortgage Loans.
Adjustable Rate
Mortgage Loans: Approximately $5,595,022 of the Statistic Calculation Mortgage Loans consists of 3/27 adjustable rate
mortgage loans which adjust based on the Six-Month LIBOR index.
Pricing Prepayment Speed: The Certificates were priced based on the following prepayment assumptions:
Fixed Rate Mortgage Loans: 115% of PPC-F (100% PPC-F is equal to 4% - 20% CPR over 12 months).
Adjustable Rate Mortgage Loans: 100% of PPC-A (100% PPC-A is equal to 4% - 35% CPR over 30 months).
Optional Termination: The terms of the transaction allow for a clean-up call (the "Clean-up Call") which may be exercised
once the current aggregate principal balance of the Mortgage Loans is less than or equal to 10% of
the sum of the initial aggregate principal balance of the Initial Mortgage Loans, plus the original
Pre-Funded Amount.
Available Funds Cap: As to any Distribution Date, a per annum rate equal to:
(i) the weighted average gross rate of the Mortgage Loans less servicing and trustee fee rates;
minus
(ii) the insurer premium rate with respect to the Class A Certificates; minus
(iii) the certificate rate on the Class IO Certificates multiplied by a fraction equal to:
(a) the notional balance of the Class IO Certificates prior to such Distribution Date,
divided by
(b) the balance of the Mortgage Loans.
Net Rate Cap Carryover: As to any Distribution Date and the Senior and Subordinate Certificates, the sum of:
(i) the excess, if any, of interest due such Certificates (calculated without regard to the
Available Funds Cap) over interest due such Certificates at a rate equal to the Available
Funds Cap;
(ii) any Net Rate Cap Carryover remaining unpaid from prior Distribution Dates; and
(iii) interest on the amount in clause (ii) at the related certificate rate
(without regard to the Available Funds Cap).
Credit Enhancement: Credit enhancement for the Certificates will consist of (i) for the Class A Certificates only, a
Monoline Insurance Policy (the "Policy"), (ii) Excess Interest Collections (defined below), (iii)
overcollateralization and (iv) the subordination of Certificates with lower payment priorities.
</TABLE>
[GRAPHIC OMITTED]
<PAGE>
<TABLE>
<S> <C> <C>
Credit Enhancement
Percentages:
Target Credit Enh.
Initial Credit Enh. After Stepdown Date (1)
---------------------- -----------------------
Rating Percent Rating Percent
AAA 14.26% AAA 32.52%
AA 9.04% AA 22.09%
A 4.26% A 12.52%
BBB 0.00% BBB 4.00%
(1) Includes OC Target, assuming a Trigger Event is not in effect.
OC Target for month 1 through 3 is zero.
Insurance Policy: The Policy will guarantee the timely payment of interest and ultimate payment of principal on the
Class A Certificates. The Policy does not cover the Class IO, Class M-1, Class M-2 or Class B
Certificates.
Excess Interest Collections: For each Distribution Date, the interest collections from the Mortgage Loans minus the sum of (i)
the interest paid on the Certificates; (ii) the servicing and trustee fees paid in respect of the
Mortgage Loans; (iii) the insurer premium paid and any unreimbursed draws on the Policy.
Overcollateralization
Amount: Beginning month 4, the Certificateholders will be entitled to receive distributions of Excess
Interest Collections as principal until the Overcollateralization Amount equals the Required
Overcollateralization Amount. This distribution of interest as principal will have the effect of
accelerating the Certificates relative to the underlying Mortgage Loans. On any Distribution Date,
the Overcollateralization Amount will be the amount by which the balance of the Mortgage Loans (the
"Mortgage Loan Balance") exceeds the balance of the Certificates (the "Certificate Principal
Balance"). On any Distribution Date, after the third Distribution Date, on which the Mortgage Loan
Balance does not exceed the Certificate Principal Balance by the Required Overcollateralization
Amount, Excess Interest Collections will be distributed as principal to the Certificateholders to
increase the Overcollateralization Amount to the Required Overcollateralization Amount.
Required Overcollateralization
Amount: On any Distribution Date on which a Cumulative Loss Event or a Delinquency Event has not occurred,
the Required Overcollateralization Amount is equal to:
(i) prior to the Stepdown Date, 2.00% of the initial balance of the Certificates.
(ii) on or after the Stepdown Date, the greater of:
(a) the lesser of:
(x) 2.00% of the initial balance of the Certificates; and
(y) 4.00% of the current balance of the Mortgage Loans;
(b) 0.50% of the initial balance of the Certificates (the "OC Floor").
On any Distribution Date on which a Cumulative Loss Event has occurred, the Required
Overcollateralization Amount is equal to [2.00% of the initial aggregate principal balance of the
Certificates].
On any Distribution Date on which a Delinquency Event has occurred, the Required
Overcollateralization Amount is equal to the Required Overcollateralization Amount as of the
preceding Distribution date.
Cumulative Loss Event: The occurrence of certain rates of cumulative losses during certain periods of time as specified in
the Pooling and Servicing Agreement.
</TABLE>
[GRAPHIC OMITTED]
<PAGE>
<TABLE>
<S> <C>
Delinquency Event: The three-month rolling average of the percentage of Mortgage Loans 60+ days delinquent
exceeds 50% of the percentage equal to the credit enhancement provided to the Senior Certificates.
Stepdown Date: The later to occur of:
(i) the earlier to occur of:
(a) the Distribution Date occurring in January 2004; and
(b) the Distribution Date on which the aggregate balance of the Class A Certificates is
reduced to zero; and
(ii) the first Distribution Date on which the credit enhancement provided to the Senior
Certificates is at least equal to 32.52%.
Subordination
Increase Amount: As to any Distribution Date after the third Distribution Date, the lesser of the Subordination
Deficiency and Excess Interest Collections.
Subordination Deficiency: As to any Distribution Date, the excess, if any, of the Required Overcollateralization Amount over
the Overcollateralization Amount after giving effect to the distribution of principal from the
Mortgage Loans (but prior to the distribution of any Subordination Increase Amount).
Excess OC Amount: As to any Distribution Date, the lesser of (i) the principal payments received on the Mortgage
Loans and (ii) the excess, if any, of the Overcollateralization Amount over the Required
Overcollateralization Amount (assuming 100% of the distribution of principal payments received on
the Mortgage Loans is distributed to the Certificates).
Priority of Distributions: Available Funds will be distributed in the following order of priority, in each case, to the extent
of funds remaining:
1. To the Custodian and Trustee, the related fees and to the Insurer, the premium payable on the
Senior Certificates;
2. To the Senior Certificates, the related interest due;
3. To the Senior Certificates, the related interest due to the extent not paid pursuant to clause
2 above;
4. Sequentially, to the Class M-1, Class M-2 and Class B Certificates, the related interest due;
5. To the Senior Certificates, the Senior Principal Distribution Amount for such Distribution
Date, excluding any Subordination Increase Amount;
6. To the Insurer, any reimbursement amounts due for prior draws on the Policy;
7. Sequentially, to the Class M-1, Class M-2 and Class B Certificates, the related principal
distribution amount due, excluding any Subordination Increase Amounts;
8. To the Certificates, the related Subordination Increase Amount, distributed as in priorities 5
and 7 above;
9. Sequentially, to the Class M-1, Class M-2 and Class B Certificates, any interest and principal
shortfalls;
10. Sequentially, to the Class A, Class M-1, Class M-2 and Class B Certificates, in that order, the
related Net Rate Cap Carryover;
11. To the Trustee, reimbursement for any expenses incurred by a servicing transfer related to the
resignation or termination of the Servicer;
12. To the residual certificates, any remaining amounts.
</TABLE>
[GRAPHIC OMITTED]
<PAGE>
<TABLE>
<S> <C>
Principal Distribution
Amount: As to any Distribution Date, the lesser of: (i) the balance of the Certificates prior to such
Distribution Date and (ii) the sum of (a) principal from the Mortgage Loans less any Excess OC
Amount and (b) the Subordination Increase Amount.
Senior Principal Distribution
Amount: As to any Distribution Date prior to the Stepdown Date or during the continuation of a Delinquency
Event or Cumulative Loss Event, the lesser of (i) 100% of the Principal Distribution Amount and
(ii) the balance of the Class A Certificates.
As to any other Distribution Date, an amount equal to the excess, if any, of (i) the balance of the
Class A Certificates prior to such Distribution Date over (ii) the lesser of (a) 67.48% of the
balance of the Mortgage Loans as of the end of the related due period and (b) the balance of the
Mortgage Loans as of such Distribution Date less the OC Floor.
Allocation of Losses: Losses not covered by the available credit enhancement will be allocated in the reverse order of
payment priority (first to the Class B, then the Class M-2 and then the Class M-1 Certificates).
Class IO Notional
Balance Schedule: The notional balance of the Class IO Certificates will be equal to the lesser of the balance of the
Mortgage Loans and the balance indicated in the schedule provided below.
</TABLE>
Distribution Month Notional Balance
------------------ ----------------
1 to 3 $18,000,000
4 to 6 17,500,000
7 to 9 16,750,000
10 to 12 16,250,000
13 to 15 15,750,000
16 to 18 15,500,000
19 to 21 14,250,000
22 to 24 12,500,000
25 to 27 10,500,000
28 to 30 9,500,000
31 to 33 8,000,000
34 to 36 7,000,000
37 and after 0
[GRAPHIC OMITTED]
<PAGE>
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 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 which supersede these
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.
[GRAPHIC OMITTED]
<PAGE>
This information is provided to you solely by Greenwich Capital Markets, Inc.
("GCM") and not by the issuer of the securities or any of its affiliates. GCM is
acting as underwriter and not as agent for its affiliates in connection with the
proposed transaction.
These Computational Materials should be accompanied by a one page disclaimer
which must be read in its entirety by the addressee of this communication. If
such disclaimer is not attached hereto, please contact your Greenwich Capital
sales representative.
Yield Tables (%)
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
Class A to Call
Coupon: 7.15%
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Fixed Prepay Speed 50% PPC 75% PPC 100% PPC 115% PPC 150% PPC 175% PPC 200% PPC
ARM Prepay Speed 35% PPC 50% PPC 75% PPC 100% PPC 125% PPC 150% PPC 200% PPC
-----------------------------------------------------------------------------------------------------------------------------------
Yield @ 100 7.196 7.180 7.162 7.15 7.124 7.103 7.076
-----------------------------------------------------------------------------------------------------------------------------------
WAL (yr) 6.62 4.76 3.64 3.15 2.45 2.07 1.73
MDUR (yr) 4.55 3.58 2.90 2.58 2.09 1.81 1.54
First Prin Pay 1/15/01 1/15/01 1/15/01 1/15/01 1/15/01 1/15/01 1/15/01
Last Prin Pay 12/15/18 12/15/13 10/15/10 5/15/09 5/15/07 5/15/06 7/15/05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
Class A to Maturity
Coupon: 7.15%
-----------------------------------------------------------------------------------------------------------------------------------
Fixed Prepay Speed 50% PPC 75% PPC 100% PPC 115% PPC 150% PPC 175% PPC 200% PPC
ARM Prepay Speed 35% PPC 50% PPC 75% PPC 100% PPC 125% PPC 150% PPC 200% PPC
-----------------------------------------------------------------------------------------------------------------------------------
Yield @ 100 7.206 7.197 7.184 7.175 7.154 7.136 7.113
-----------------------------------------------------------------------------------------------------------------------------------
WAL (yr) 6.98 5.10 3.91 3.39 2.63 2.23 1.86
MDUR (yr) 4.64 3.69 3.02 2.69 2.19 1.90 1.62
First Prin Pay 1/15/01 1/15/01 1/15/01 1/15/01 1/15/01 1/15/01 1/15/01
Last Prin Pay 10/15/29 10/15/26 12/15/21 4/15/19 1/15/15 11/15/12 2/15/11
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
Class M-1 to Call
Coupon: 7.15%
-----------------------------------------------------------------------------------------------------------------------------------
Fixed Prepay Speed 50% PPC 75% PPC 100% PPC 115% PPC 150% PPC 175% PPC 200% PPC
ARM Prepay Speed 35% PPC 50% PPC 75% PPC 100% PPC 125% PPC 150% PPC 200% PPC
-----------------------------------------------------------------------------------------------------------------------------------
Yield @ 97-14+ 7.558 7.633 7.719 7.778 7.876 7.918 7.922
-----------------------------------------------------------------------------------------------------------------------------------
WAL (yr) 12.23 8.75 6.60 5.66 4.55 4.18 4.13
MDUR (yr) 7.59 6.08 4.95 4.39 3.70 3.46 3.45
First Prin Pay 3/15/07 5/15/05 5/15/04 1/15/04 3/15/04 5/15/04 8/15/04
Last Prin Pay 12/15/18 12/15/13 10/15/10 5/15/09 5/15/07 5/15/06 7/15/05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
Class M-1 to Maturity
Coupon: 7.15%
-----------------------------------------------------------------------------------------------------------------------------------
Fixed Prepay Speed 50% PPC 75% PPC 100% PPC 115% PPC 150% PPC 175% PPC 200% PPC
ARM Prepay Speed 35% PPC 50% PPC 75% PPC 100% PPC 125% PPC 150% PPC 200% PPC
-----------------------------------------------------------------------------------------------------------------------------------
Yield @ 97-14+ 7.563 7.638 7.722 7.778 7.870 7.910 7.914
-----------------------------------------------------------------------------------------------------------------------------------
WAL (yr) 13.10 9.54 7.22 6.21 4.97 4.53 4.44
MDUR (yr) 7.77 6.33 5.19 4.63 3.92 3.67 3.64
First Prin Pay 3/15/07 5/15/05 5/15/04 1/15/04 3/15/04 5/15/04 8/15/04
Last Prin Pay 10/15/27 10/15/22 11/15/17 8/15/15 3/15/12 5/15/10 1/15/09
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
[GRAPHIC OMITTED]
<PAGE>
This information is provided to you solely by Greenwich Capital Markets, Inc.
("GCM") and not by the issuer of the securities or any of its affiliates. GCM is
acting as underwriter and not as agent for its affiliates in connection with the
proposed transaction.
These Computational Materials should be accompanied by a one page disclaimer
which must be read in its entirety by the addressee of this communication. If
such disclaimer is not attached hereto, please contact your Greenwich Capital
sales representative.
Yield Tables (%)
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
Class M-2 to Call
Coupon: 7.15%
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Fixed Prepay Speed 50% PPC 75% PPC 100% PPC 115% PPC 150% PPC 175% PPC 200% PPC
ARM Prepay Speed 35% PPC 50% PPC 75% PPC 100% PPC 125% PPC 150% PPC 200% PPC
-----------------------------------------------------------------------------------------------------------------------------------
Yield @ 94-17+ 7.959 8.132 8.333 8.470 8.711 8.840 8.921
-----------------------------------------------------------------------------------------------------------------------------------
WAL (yr) 12.23 8.75 6.60 5.66 4.50 4.04 3.80
MDUR (yr) 7.49 6.01 4.89 4.34 3.63 3.33 3.17
First Prin Pay 3/15/07 5/15/05 5/15/04 1/15/04 2/15/04 3/15/04 4/15/04
Last Prin Pay 12/15/18 12/15/13 10/15/10 5/15/09 5/15/07 5/15/06 7/15/05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
Class M-2 to Maturity
Coupon: 7.15%
-----------------------------------------------------------------------------------------------------------------------------------
Fixed Prepay Speed 50% PPC 75% PPC 100% PPC 115% PPC 150% PPC 175% PPC 200% PPC
ARM Prepay Speed 35% PPC 50% PPC 75% PPC 100% PPC 125% PPC 150% PPC 200% PPC
-----------------------------------------------------------------------------------------------------------------------------------
Yield @ 94-17+ 7.955 8.12 8.310 8.438 8.664 8.787 8.864
-----------------------------------------------------------------------------------------------------------------------------------
WAL (yr) 13.02 9.44 7.14 6.13 4.86 4.35 4.06
MDUR (yr) 7.65 6.22 5.10 4.55 3.81 3.51 3.34
First Prin Pay 3/15/07 5/15/05 5/15/04 1/15/04 2/15/04 3/15/04 4/15/04
Last Prin Pay 8/15/26 2/15/21 5/15/16 5/15/14 3/15/11 7/15/09 4/15/08
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
Class B to Call
Coupon: 7.15%
-----------------------------------------------------------------------------------------------------------------------------------
Fixed Prepay Speed 50% PPC 75% PPC 100% PPC 115% PPC 150% PPC 175% PPC 200% PPC
ARM Prepay Speed 35% PPC 50% PPC 75% PPC 100% PPC 125% PPC 150% PPC 200% PPC
-----------------------------------------------------------------------------------------------------------------------------------
Yield @ 87-21+ 8.983 9.405 9.896 10.231 10.838 11.197 11.487
-----------------------------------------------------------------------------------------------------------------------------------
WAL (yr) 12.21 8.74 6.59 5.65 4.47 3.96 3.63
MDUR (yr) 7.23 5.83 4.75 4.22 3.51 3.20 2.98
First Prin Pay 3/15/07 5/15/05 5/15/04 1/15/04 1/15/04 1/15/04 1/15/04
Last Prin Pay 12/15/18 12/15/13 10/15/10 5/15/09 5/15/07 5/15/06 7/15/05
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
Class B to Maturity
Coupon: 7.15%
-----------------------------------------------------------------------------------------------------------------------------------
Fixed Prepay Speed 50% PPC 75% PPC 100% PPC 115% PPC 150% PPC 175% PPC 200% PPC
ARM Prepay Speed 35% PPC 50% PPC 75% PPC 100% PPC 125% PPC 150% PPC 200% PPC
-----------------------------------------------------------------------------------------------------------------------------------
Yield @ 87-21+ 8.970 9.378 9.852 10.174 10.760 11.110 11.391
-----------------------------------------------------------------------------------------------------------------------------------
WAL (yr) 12.62 9.07 6.85 5.88 4.64 4.11 3.76
MDUR (yr) 7.30 5.92 4.85 4.31 3.60 3.28 3.06
First Prin Pay 3/15/07 5/15/05 5/15/04 1/15/04 1/15/04 1/15/04 1/15/04
Last Prin Pay 4/15/24 6/15/18 4/15/14 6/15/12 9/15/09 5/15/08 3/15/07
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
[GRAPHIC OMITTED]
<PAGE>
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.
All Amounts Subject to Change
Preliminary Information
Data as of 12/1/00
DELTA HOME EQUITY LOAN TRUST 2000-4
-----------------------------------
PRODUCT: 3/27 ARM & Fixed Rate
TOTAL CURRENT BALANCE: $75,461,058.87
NUMBER OF 1,115
LOANS:
<TABLE>
<CAPTION>
AVG/WAVG MIN MAX
---------- --- ---
<S> <C> <C> <C>
AVG CURRENT BALANCE: $67,678.08 $5,881.77 $299,932.02
WAVG GROSS COUPON: 12.48114% 8.39% 15.99000%
WAVG GROSS MARGIN: 6.9071% 4.29% 8.74%
WAVG PERIOD RATE CAP: 1.0000% 1.00% 1.00%
WAVG MIN INT RATE: 12.9881% 10.44% 15.54%
WAVG MAX INT RATE: 19.9881% 17.44% 22.54%
WAVG NEXT RESET: 35 months 34 months 36 months
WAVG COMB LTV: 70.21% 10.00% 90.00%
WAVG FICO SCORE: 575 360 793
WAVG ORIGINAL TERM: 326.64 months 60 months 360 months
WAVG REMAINING TERM: 325.52 months 58 months 360 months
WAVG SEASONING: 1.12 months 0 months 3 months
TOP PREPAY CONC ($): 75.42% Prepayment Penalty, 24.58% No Prepayment Penalty
WAVG PREPAY TERM: 31 months 0 months 60 months
TOP STATE CONC ($): 27.76% New York, 10.07% Pennsylvania, 9.87% New Jersey
MAX ZIP CODE CONC ($): 1.27% 11221 (Brooklyn, NY)
FIRST PAY DATE: Sep 01, 2000 Jan 20, 2001
NEXT RATE ADJ DATE: Sep 01, 2003 Nov 06, 2003
MATURE DATE: Sep 12, 2005 Dec 01, 2030
</TABLE>
[GRAPHIC OMITTED]
<PAGE>
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>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
CURRENT BALANCE ($): Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
5,882 - 50,000 534 17,285,430.30 22.91
50,001 - 100,000 369 26,282,014.21 34.83
100,001 - 150,000 138 17,034,570.17 22.57
150,001 - 200,000 42 7,226,489.35 9.58
200,001 - 250,000 21 4,646,110.99 6.16
250,001 - 299,933 11 2,986,443.85 3.96
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 1,115 75,461,058.87 100.00
================================================ ====================== ====================== =======================
</TABLE>
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
GROSS COUPON (%): Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
8.39000 - 8.50000 1 96,000.00 0.13
8.50001 - 9.00000 5 334,321.00 0.44
9.00001 - 9.50000 11 1,201,866.58 1.59
9.50001 - 10.00000 28 2,379,557.08 3.15
10.00001 - 10.50000 25 2,108,944.07 2.79
10.50001 - 11.00000 73 5,186,644.26 6.87
11.00001 - 11.50000 79 5,462,994.22 7.24
11.50001 - 12.00000 155 11,396,146.93 15.10
12.00001 - 12.50000 128 8,379,931.16 11.10
12.50001 - 13.00000 184 12,725,498.74 16.86
13.00001 - 13.50000 114 7,735,390.84 10.25
13.50001 - 14.00000 128 8,758,672.03 11.61
14.00001 - 14.50000 99 5,695,536.10 7.55
14.50001 - 15.00000 72 3,519,912.89 4.66
15.00001 - 15.50000 7 231,145.04 0.31
15.50001 - 15.99000 6 248,497.93 0.33
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 1,115 75,461,058.87 100.00
================================================ ====================== ====================== =======================
</TABLE>
[GRAPHIC OMITTED]
<PAGE>
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>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
GROSS MARGIN (%): Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
4.290 - 4.500 1 93,564.15 1.67
4.501 - 5.000 1 69,971.82 1.25
5.001 - 5.500 4 270,357.17 4.83
5.501 - 6.000 7 619,140.56 11.07
6.001 - 6.500 11 1,080,138.56 19.31
6.501 - 7.000 7 579,128.24 10.35
7.001 - 7.500 25 1,382,529.32 24.71
7.501 - 8.000 24 990,173.69 17.70
8.001 - 8.500 4 216,669.04 3.87
8.501 - 8.740 4 293,348.98 5.24
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 88 5,595,021.53 100.00
================================================ ====================== ====================== =======================
</TABLE>
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
PERIOD RATE CAP (%): Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
1.000 88 5,595,021.53 100.00
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 88 5,595,021.53 100.00
================================================ ====================== ====================== =======================
</TABLE>
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
MIN INTEREST RATE CAP (%): Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
10.44000 - 10.50000 1 69,971.82 1.25
10.50001 - 11.00000 4 468,732.46 8.38
11.00001 - 11.50000 5 399,294.00 7.14
11.50001 - 12.00000 8 806,133.50 14.41
12.00001 - 12.50000 5 375,579.36 6.71
12.50001 - 13.00000 10 743,067.07 13.28
13.00001 - 13.50000 5 221,922.40 3.97
13.50001 - 14.00000 16 844,351.08 15.09
14.00001 - 14.50000 19 938,412.84 16.77
14.50001 - 15.00000 13 650,221.20 11.62
15.00001 - 15.50000 1 45,843.88 0.82
15.50001 - 15.54000 1 31,491.92 0.56
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 88 5,595,021.53 100.00
================================================ ====================== ====================== =======================
</TABLE>
[GRAPHIC OMITTED]
<PAGE>
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>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
MAX INTEREST RATE CAP (%): Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
17.44000 - 17.50000 1 69,971.82 1.25
17.50001 - 18.00000 4 468,732.46 8.38
18.00001 - 18.50000 5 399,294.00 7.14
18.50001 - 19.00000 8 806,133.50 14.41
19.00001 - 19.50000 5 375,579.36 6.71
19.50001 - 20.00000 10 743,067.07 13.28
20.00001 - 20.50000 5 221,922.40 3.97
20.50001 - 21.00000 16 844,351.08 15.09
21.00001 - 21.50000 19 938,412.84 16.77
21.50001 - 22.00000 13 650,221.20 11.62
22.00001 - 22.50000 1 45,843.88 0.82
22.50001 - 22.54000 1 31,491.92 0.56
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 88 5,595,021.53 100.00
================================================ ====================== ====================== =======================
</TABLE>
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
MONTH TO NEXT CHANGE DATE Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
September 2003 39 2,322,026.66 41.50
October 2003 44 2,857,691.35 51.08
November 2003 5 415,303.52 7.42
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 88 5,595,021.53 100.00
================================================ ====================== ====================== =======================
</TABLE>
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
ORIGINAL TERM (MONTHS): Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
60 - 90 6 169,554.99 0.22
91 - 150 48 2,026,126.31 2.68
151 - 210 164 8,141,018.09 10.79
211 - 270 60 3,472,666.40 4.60
271 - 330 18 1,486,644.36 1.97
331 - 360 819 60,165,048.72 79.73
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 1,115 75,461,058.87 100.00
================================================ ====================== ====================== =======================
</TABLE>
[GRAPHIC OMITTED]
<PAGE>
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>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
REMAINING TERM (MONTHS): Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
58 - 60 2 52,522.45 0.07
61 - 120 47 1,867,074.94 2.47
121 - 180 166 8,201,637.26 10.87
181 - 240 59 3,287,363.33 4.36
241 - 300 22 1,887,412.17 2.50
301 - 360 819 60,165,048.72 79.73
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 1,115 75,461,058.87 100.00
================================================ ====================== ====================== =======================
</TABLE>
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
SEASONING (MONTHS): Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
(less than or equal to) 0 266 16,995,006.01 22.52
1 - 3 849 58,466,052.86 77.48
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 1,115 75,461,058.87 100.00
================================================ ====================== ====================== =======================
</TABLE>
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
COMB LTV (%): Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
10.00 - 10.00 1 13,000.00 0.02
15.01 - 20.00 1 19,917.02 0.03
20.01 - 25.00 6 172,469.32 0.23
25.01 - 30.00 13 489,307.71 0.65
30.01 - 35.00 7 339,058.01 0.45
35.01 - 40.00 24 993,590.46 1.32
40.01 - 45.00 24 1,196,566.72 1.59
45.01 - 50.00 55 3,210,964.85 4.26
50.01 - 55.00 57 3,706,495.62 4.91
55.01 - 60.00 104 5,231,053.59 6.93
60.01 - 65.00 118 8,254,988.51 10.94
65.01 - 70.00 182 13,126,127.19 17.39
70.01 - 75.00 185 14,793,209.13 19.60
75.01 - 80.00 207 13,922,405.88 18.45
80.01 - 85.00 84 6,283,069.34 8.33
85.01 - 90.00 47 3,708,835.52 4.91
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 1,115 75,461,058.87 100.00
================================================ ====================== ====================== =======================
</TABLE>
[GRAPHIC OMITTED]
<PAGE>
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>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
FICO SCORE: Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
N/A 80 3,306,151.83 4.38
350 - 400 1 36,495.19 0.05
401 - 450 21 1,337,847.42 1.77
451 - 500 154 9,050,562.51 11.99
501 - 550 293 18,744,101.32 24.84
551 - 600 269 18,653,842.78 24.72
601 - 650 164 12,675,740.55 16.80
651 - 700 80 6,699,025.11 8.88
700 - 750 46 4,005,945.92 5.31
750 - 793 7 951,346.24 1.26
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 1,115 75,461,058.87 100.00
================================================ ====================== ====================== =======================
</TABLE>
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
PREPAY TERM (MONTHS): Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
0 298 18,549,528.29 24.58
12 204 17,340,867.83 22.98
24 31 1,586,593.95 2.10
36 475 31,860,557.93 42.22
60 107 6,123,510.87 8.11
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 1,115 75,461,058.87 100.00
================================================ ====================== ====================== =======================
</TABLE>
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
LIEN: Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
First Lien 921 67,340,478.56 89.24
Second Lien 194 8,120,580.31 10.76
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 1,115 75,461,058.87 100.00
================================================ ====================== ====================== =======================
</TABLE>
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
OCCUPANCY: Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
Primary 890 58,338,215.09 77.31
Non-owner 225 17,122,843.78 22.69
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 1,115 75,461,058.87 100.00
================================================ ====================== ====================== =======================
</TABLE>
[GRAPHIC OMITTED]
<PAGE>
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>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
PROPERTY TYPE: Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
Single Family 812 48,735,340.82 64.58
Two-Four Family 135 9,947,356.42 13.18
Mixed Use 73 7,832,224.50 10.38
Five-Eight Family 62 6,790,517.13 9.00
Condominium 33 2,155,620.00 2.86
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 1,115 75,461,058.87 100.00
================================================ ====================== ====================== =======================
</TABLE>
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
DOCUMENTATION: Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
Full Documentation 768 49,871,328.40 66.09
No Income Verification 202 16,533,901.10 21.91
Limited Documentation 124 7,487,812.14 9.92
Stated Income Documentation 21 1,568,017.23 2.08
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 1,115 75,461,058.87 100.00
================================================ ====================== ====================== =======================
</TABLE>
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
GRADE: Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
A 537 42,387,144.97 56.17
B 202 12,526,728.92 16.60
C 214 12,269,712.54 16.26
D 162 8,277,472.44 10.97
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 1,115 75,461,058.87 100.00
================================================ ====================== ====================== =======================
</TABLE>
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
AMORTIZATION: Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
Fully Amortizing 1,115 75,461,058.87 100.00
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 1,115 75,461,058.87 100.00
================================================ ====================== ====================== =======================
</TABLE>
[GRAPHIC OMITTED]
<PAGE>
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>
<CAPTION> of Aggregate
Principal Balance Principal Balance
Number of Outstanding as of Outstanding as of
STATE: Mortgage Loans the Cut-off Date the Cut-off Date
------------------------------------------------ ---------------------- ---------------------- -----------------------
<S> <C> <C> <C>
Arizona 2 103,683.19 0.14
Arkansas 10 417,291.11 0.55
California 2 94,089.72 0.12
Colorado 4 276,372.74 0.37
Connecticut 33 2,582,592.07 3.42
Delaware 8 527,983.05 0.70
District of Columbia 4 333,478.53 0.44
Florida 45 2,523,773.20 3.34
Georgia 29 1,641,345.08 2.18
Illinois 79 6,168,818.28 8.17
Indiana 31 1,621,406.51 2.15
Kansas 3 97,128.16 0.13
Kentucky 5 250,015.92 0.33
Louisiana 22 995,408.54 1.32
Maine 3 177,047.24 0.23
Maryland 39 2,044,924.49 2.71
Massachusetts 29 2,728,846.45 3.62
Michigan 42 1,689,170.31 2.24
Mississippi 18 725,302.25 0.96
Missouri 32 1,914,370.77 2.54
Nebraska 1 53,990.48 0.07
New Hampshire 5 364,927.23 0.48
New Jersey 77 7,450,836.74 9.87
New York 224 20,946,701.29 27.76
North Carolina 41 2,857,608.74 3.79
Ohio 108 5,883,249.52 7.80
Oklahoma 1 25,000.00 0.03
Oregon 1 74,683.45 0.10
Pennsylvania 159 7,597,563.56 10.07
Rhode Island 10 638,120.68 0.85
South Carolina 7 324,466.13 0.43
Tennessee 20 1,193,594.65 1.58
Vermont 1 104,951.06 0.14
Virginia 14 763,889.88 1.01
Washington 1 35,000.00 0.05
West Virginia 5 233,427.85 0.31
------------------------------------------------ ---------------------- ---------------------- -----------------------
TOTAL 1,115 75,461,058.87 100.00
================================================ ====================== ====================== =======================
</TABLE>
[GRAPHIC OMITTED]
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
<S> <C>
PRODUCT: Fixed Rate
TOTAL CURRENT BALANCE: $ 69,866,037.34
NUMBER OF LOANS: 1,027
AVERAGE CURRENT BALANCE: $ 68,029.25 RANGE: $ 5,881.77 - $ 299,932.02
WEIGHTED AVERAGE GROSS COUPON: 12.44054% RANGE: 8.39000 - 15.99000%
WEIGHTED AVERAGE COMB LTV: 70.41% RANGE: 10.00 - 90.00%
WEIGHTED AVERAGE FICO SCORE: 580 RANGE: 0 - 793
WEIGHTED AVERAGE ORIGINAL TERM: 323.97 months RANGE: 60.00 - 360.00 months
WEIGHTED AVERAGE REMAINING TERM: 322.86 months RANGE: 58.00 - 360.00 months
WEIGHTED AVERAGE SEASONING: 1.10 months RANGE: 0.00 - 3.00 months
TOP PREPAYMENT CONCENTRATIONS ($): 73.88% Prepayment Penalty, 26.12 % No Prepayment Penalty
WEIGHTED AVERAGE PREPAY TERM: 30 months RANGE: 0 - 60 months
TOP STATE CONCENTRATIONS ($): 29.81% New York, 10.34% New Jersey, 10.16% Pennsylvania
MAXIMUM ZIP CODE CONCENTRATION ($): 1.37% 11221 (Brooklyn, NY)
FIRST PAY DATE: Sep 01, 2000 - Jan 20, 2001
MATURE DATE: Sep 12, 2005 - Dec 01, 2030
----------------------------------------------------------------------------------------------------------------------
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
CURRENT BALANCE: 5,882 - 50,000 15,809,373.63 22.63 491 47.81
50,001 - 100,000 24,092,544.03 34.48 338 32.91
100,001 - 150,000 15,794,268.46 22.61 128 12.46
150,001 - 200,000 6,537,296.38 9.36 38 3.70
200,001 - 250,000 4,646,110.99 6.65 21 2.04
250,001 - 299,932 2,986,443.85 4.27 11 1.07
GROSS COUPON: 8.39000 - 8.50000 96,000.00 0.14 1 0.10
8.50001 - 9.00000 334,321.00 0.48 5 0.49
9.00001 - 9.50000 1,201,866.58 1.72 11 1.07
9.50001 - 10.00000 2,379,557.08 3.41 28 2.73
10.00001 - 10.50000 2,038,972.25 2.92 24 2.34
10.50001 - 11.00000 4,717,911.80 6.75 69 6.72
11.00001 - 11.50000 5,063,700.22 7.25 74 7.21
11.50001 - 12.00000 10,590,013.43 15.16 147 14.31
12.00001 - 12.50000 8,004,351.80 11.46 123 11.98
12.50001 - 13.00000 11,982,431.67 17.15 174 16.94
13.00001 - 13.50000 7,513,468.44 10.75 109 10.61
13.50001 - 14.00000 7,914,320.95 11.33 112 10.91
14.00001 - 14.50000 4,757,123.26 6.81 80 7.79
14.50001 - 15.00000 2,869,691.69 4.11 59 5.74
15.00001 - 15.50000 185,301.16 0.27 6 0.58
15.50001 - 15.99000 217,006.01 0.31 5 0.49
ORIGINAL TERM: 60 - 90 169,554.99 0.24 6 0.58
91 - 150 2,026,126.31 2.90 48 4.67
151 - 210 8,141,018.09 11.65 164 15.97
211 - 270 3,472,666.40 4.97 60 5.84
271 - 330 1,486,644.36 2.13 18 1.75
331 - 360 54,570,027.19 78.11 731 71.18
----------------------------------------------------------------------------------------------------------------------
</TABLE>
The information contained herein has been prepared solely for the use of
Greenwich Capital Markers, 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.
Page 1/3
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
REMAINING TERM: 58 - 60 52,522.45 0.08 2 0.19
61 - 120 1,867,074.94 2.67 47 4.58
121 - 180 8,201,637.26 11.74 166 16.16
181 - 240 3,287,363.33 4.71 59 5.74
241 - 300 1,887,412.17 2.70 22 2.14
301 - 360 54,570,027.19 78.11 731 71.18
SEASONING: (less than or equal to) 0 16,579,702.49 23.73 261 25.41
1 - 3 53,286,334.85 76.27 766 74.59
COMB LTV: 10.00 - 10.00 13,000.00 0.02 1 0.10
15.01 - 20.00 19,917.02 0.03 1 0.10
20.01 - 25.00 172,469.32 0.25 6 0.58
25.01 - 30.00 403,323.63 0.58 10 0.97
30.01 - 35.00 273,661.23 0.39 6 0.58
35.01 - 40.00 900,616.29 1.29 21 2.04
40.01 - 45.00 1,090,108.69 1.56 20 1.95
45.01 - 50.00 2,994,524.99 4.29 50 4.87
50.01 - 55.00 3,125,618.81 4.47 50 4.87
55.01 - 60.00 4,717,301.49 6.75 93 9.06
60.01 - 65.00 7,840,224.51 11.22 108 10.52
65.01 - 70.00 12,022,945.73 17.21 166 16.16
70.01 - 75.00 13,799,084.81 19.75 173 16.85
75.01 - 80.00 12,795,256.56 18.31 193 18.79
80.01 - 85.00 6,155,648.74 8.81 83 8.08
85.01 - 90.00 3,542,335.52 5.07 46 4.48
FICO SCORE: (less than or equal to) 0.00 3,034,257.08 4.34 72 7.01
350.01 - 400.00 36,495.19 0.05 1 0.10
400.01 - 450.00 1,027,913.50 1.47 16 1.56
450.01 - 500.00 6,234,906.04 8.92 112 10.91
500.01 - 550.00 17,366,863.71 24.86 271 26.39
550.01 - 600.00 18,085,150.02 25.89 261 25.41
600.01 - 650.00 12,551,555.13 17.97 162 15.77
650.01 - 700.00 6,571,604.51 9.41 79 7.69
700.01 - 750.00 4,005,945.92 5.73 46 4.48
750.01 - 793.00 951,346.24 1.36 7 0.68
PREPAY TERM: 0 18,246,833.35 26.12 295 28.72
12 17,298,175.53 24.76 203 19.77
24 1,586,593.95 2.27 31 3.02
36 26,876,265.91 38.47 393 38.27
60 5,858,168.60 8.38 105 10.22
LIEN: First Lien 61,745,457.03 88.38 833 81.11
Second Lien 8,120,580.31 11.62 194 18.89
OCCUPANCY: Primary 53,037,796.11 75.91 807 78.58
Non-owner 16,828,241.23 24.09 220 21.42
PROPERTY TYPE: Single Family 44,222,032.81 63.30 739 71.96
Two-Four Family 8,962,024.97 12.83 122 11.88
Mixed Use 7,832,224.50 11.21 73 7.11
Five-Eight Family 6,790,517.13 9.72 62 6.04
Condominium 2,059,237.93 2.95 31 3.02
PURPOSE: Cash Out Refinance 38,169,841.51 54.63 616 59.98
Debt Consolidation 15,197,462.06 21.75 217 21.13
Purchase 10,666,120.02 15.27 118 11.49
Rate/Term Refinance 5,832,613.75 8.35 76 7.40
----------------------------------------------------------------------------------------------------------------------
</TABLE>
The information contained herein has been prepared solely for the use of
Greenwich Capital Markers, 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.
Page 2/3
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
DOCUMENTATION: Full Documentation 45,613,262.06 65.29 700 68.16
No Income Verification 16,026,240.91 22.94 196 19.08
Limited Documentation 6,916,406.70 9.90 112 10.97
Stated Income Documentation 1,370,128.27 1.88 19 1.85
GRADE: A 40,842,646.26 58.46 520 50.63
B 11,999,545.14 17.18 196 19.08
C 11,540,682.57 16.52 204 19.86
D 5,483,163.37 7.85 107 10.42
AMORTIZATION: Fully Amortizing 69,866,037.34 100.00 1,027 100.00
STATE: Arizona 103,683.19 0.15 2 0.79
Arkansas 417,291.11 0.60 10 0.97
California 18,930.70 0.03 1 0.10
Colorado 276,372.74 0.40 4 0.39
Connecticut 1,992,791.62 2.85 25 2.43
Delaware 527,983.05 0.76 8 0.78
District of Columbia 333,478.53 0.48 4 0.39
Florida 2,311,162.90 3.31 43 4.19
Georgia 1,448,810.85 2.07 24 2.34
Illinois 5,584,834.78 7.99 71 6.91
Indiana 1,376,616.06 1.97 27 2.63
Kansas 97,128.16 0.14 3 0.29
Kentucky 201,276.72 0.29 4 0.39
Louisiana 969,412.72 1.39 21 2.04
Maine 177,047.24 0.25 3 0.29
Maryland 1,768,339.78 2.53 35 3.41
Massachusetts 2,548,277.56 3.65 28 2.73
Michigan 1,305,458.76 1.87 34 3.31
Mississippi 725,302.25 1.04 18 1.75
Missouri 1,865,283.93 2.67 30 2.92
Nebraska 53,990.48 0.08 1 0.10
New Hampshire 364,927.23 0.52 5 0.49
New Jersey 7,225,443.02 10.34 75 7.30
New York 20,827,841.66 29.81 223 21.71
North Carolina 2,738,663.58 3.92 40 3.89
Ohio 4,367,563.55 6.25 80 7.79
Oklahoma 25,000.00 0.04 1 0.10
Oregon 74,683.45 0.11 1 0.10
Pennsylvania 7,099,023.33 10.16 152 14.80
Rhode Island 638,120.68 0.91 10 0.97
South Carolina 324,466.13 0.46 7 0.68
Tennessee 1,193,594.65 1.71 20 1.95
Vermont 104,951.06 0.15 1 0.10
Virginia 509,859.22 0.73 70 0.97
Washington 35,000.00 0.05 1 0.10
West Virginia 233,427.85 0.33 5 0.49
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>
The information contained herein has been prepared solely for the use of
Greenwich Capital Markers, 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.
Page 3/3
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
--------------------------------------------------------------------------------
PRODUCT: Fixed Rate
TOTAL CURRENT BALANCE: $ 69,866,037.34
TOTAL ORIGINAL BALANCE: $ 69,926,258.43
NUMBER OF LOANS: 1,027
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
PREPAYMENT: Prepayment Penalty 51,619,203.99 73.88 732 71.28
No Prepayment Penalty 18,246,833.35 26.12 295 28.72
PREPAY TERM: 0 18,246,833.35 26.12 295 28.72
12 17,298,175.53 24.76 203 19.77
24 1,586,593.95 2.27 31 3.02
36 26,876,265.91 38.47 393 38.27
60 5,858,168.60 8.38 105 10.22
PREPAY STRUCTURE: 5 21,174,889.59 30.31 267 26.00
No Prepay 18,246,833.35 26.12 295 28.72
3-2-1 17,816,840.24 25.50 228 22.20
1 5,415,047.45 7.75 103 10.03
2 3,117,892.07 4.46 55 5.36
3 1,707,984.70 2.44 35 3.41
3M 1,056,519.23 1.51 15 1.46
5-4-3 515,908.11 0.74 14 1.36
6M 406,699.20 0.58 9 0.88
2M 333,478.53 0.48 4 0.39
5-4-3-2-1 73,944.87 0.11 2 0.19
CURRENT
PREPAY TERM STRUCTURE PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------- ======================= ================= ====== ========== ======
0 TOTAL 18,246,833.35 26.12 295 28.72
12 2 573,139.96 0.82 9 0.88
3M 61,988.02 0.09 1 0.10
5 16,663,047.55 23.85 193 18.79
----------------------- -------------- ------ ---- ------
TOTAL 17,298,175.53 24.76 203 19.77
24 5 1,586,593.95 2.27 31 3.02
----------------------- -------------- ------ ---- ------
TOTAL 1,586,593.95 2.27 31 3.02
36 1 1,851,528.73 2.65 38 3.70
2 752,576.23 1.08 18 1.75
2M 333,478.53 0.48 4 0.39
3 1,707,984.70 2.44 35 3.41
3-2-1 17,816,840.24 25.50 228 22.20
3M 994,531.21 1.42 14 1.36
5 2,824,716.43 4.04 41 3.99
5-4-3 515,908.11 0.74 14 1.36
6M 78,701.73 0.11 1 0.10
----------------------- -------------- ------ ---- ------
TOTAL 26,876,265.91 38.47 393 38.27
-------------------------------------------------------------------------------------------------------------------------
</TABLE>
The information contained herein has been prepared solely for the use of
Greenwich Capital Markers, 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.
Page 1/2
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
60 1 3,563,518.72 5.10 65 6.33
2 1,792,175.88 2.57 28 2.73
5 100,531.66 0.14 2 0.19
5-4-3-2-1 73,944.87 0.11 2 0.19
6M 327,997.47 0.47 8 0.78
-------------------- ------------- ----- ---- ------
TOTAL 5,858,168.60 8.38 105 10.22
--------------------------------------------------------------------------------------------------------------------------
</TABLE>
The information contained herein has been prepared solely for the use of
Greenwich Capital Markers, 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.
Page 2/2
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
--------------------------------------------------------------------------------
PRODUCT: 3/27 ARM
TOTAL CURRENT BALANCE: $ 5,595,021.53
TOTAL ORIGINAL BALANCE: $ 5,597,275.00
NUMBER OF LOANS: 88
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C>
PREPAYMENT: Prepayment Penalty 5,292,326.59 94.59 85 96.59
No Prepayment Penalty 302,694.94 5.41 3 3.41
PREPAY TERM: 0 302,694.94 5.41 3 3.41
12 42,692.30 0.76 1 1.14
36 4,984,292.02 89.08 82 93.18
60 265,342.27 4.74 2 2.27
PREPAY STRUCTURE: 5 4,327,238.98 77.34 74 84.09
No Prepay 302,694.94 5.41 3 3.41
3 227,899.46 4.07 3 3.41
3-2-1 197,712.84 3.53 4 4.55
3M 180,568.89 3.23 1 1.14
5-4-3-2-1 148,386.21 2.65 1 1.14
1 116,956.06 2.09 1 1.14
2 93,564.15 1.67 1 1.14
CURRENT
PREPAY TERM STRUCTURE PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------- ========== ================= ====== ========== ======
0 TOTAL 302,694.94 5.41 3 3.41
12 5 42,692.30 0.76 1 1.14
-------------------- ------------ ----- --- ------
TOTAL 42,692.30 0.76 1 1.14
36 2 93,564.15 1.67 1 1.14
3 227,899.46 4.07 3 3.41
3-2-1 197,712.84 3.53 4 4.55
3M 180,568.89 3.23 1 1.14
5 4,284,546.68 76.58 73 82.95
-------------------- ------------ ----- --- ------
TOTAL 4,984,292.02 89.08 82 93.18
60 1 116,956.06 2.09 1 1.14
5-4-3-2-1 148,386.21 2.65 1 1.14
-------------------- ------------ ----- --- ------
TOTAL 265,342.27 4.74 2 2.27
---------------------------------------------------------------------------------------------------------------------
</TABLE>
The information contained herein has been prepared solely for the use of
Greenwich Capital Markers, 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.
Page 1/1
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
<S> <C>
PRODUCT: 3/27 ARM
TOTAL CURRENT BALANCE: $ 5,595,021.53
NUMBER OF LOANS: 88
AVERAGE CURRENT BALANCE: $ 63,579.79 RANGE: $ 17,494.47 - $ 186,971.64
WEIGHTED AVERAGE GROSS COUPON: 12.98808% RANGE: 10.44000 - 15.54000%
WEIGHTED AVERAGE GROSS MARGIN: 6.9071% RANGE: 4.2900 - 8.7400%
WEIGHTED AVERAGE PERIOD RATE CAP: 1.0000% RANGE: 1.0000 - 1.0000%
WEIGHTED AVERAGE MIN INT RATE: 12.9881% RANGE: 10.4400 - 15.5400%
WEIGHTED AVERAGE MAX INT RATE: 19.9881% RANGE: 17.4400 - 22.5400%
WEIGHTED AVERAGE NEXT RESET: 35 months RANGE: 34 - 36 months
WEIGHTED AVERAGE COMB LTV: 67.80% RANGE: 26.32 - 90.00%
WEIGHTED AVERAGE FICO SCORE: 507 RANGE: 0 - 671
WEIGHTED AVERAGE ORIGINAL TERM: 360.00 months RANGE: 360.00 - 360.00 months
WEIGHTED AVERAGE REMAINING TERM: 358.66 months RANGE: 358.00 - 360.00 months
WEIGHTED AVERAGE SEASONING: 1.34 months RANGE: 0.00 - 2.00 months
TOP PREPAYMENT CONCENTRATIONS ($): 94.59% Prepayment Penalty, 5.41% No Prepayment Penalty
WEIGHTED AVERAGE PREPAY TERM: 37 months RANGE: 0 - 60 months
TOP STATE CONCENTRATIONS ($): 27.09% Ohio, 10.54% Connecticut, 10.44 % Illinois
MAXIMUM ZIP CODE CONCENTRATION ($): 3.34% 15090 (Wexford, PA)
FIRST PAY DATE: Oct 01, 2000 - Dec 06, 2000
NEXT RATE ADJ DATE: Sep 01, 2003 - Nov 06, 2003
MATURE DATE: Sep 01, 2030 - Nov 06, 2030
------------------------------------------------------------------------------------------------------------------------
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
CURRENT BALANCE: 17,494 - 50,000 1,476,056.67 26.38 43 48.86
50,001 - 100,000 2,189,470.18 39.13 31 35.23
100,001 - 150,000 1,240,301.71 22.17 10 11.36
150,001 - 186,972 689,192.97 12.32 4 4.55
GROSS COUPON: 10.44000 - 10.50000 69,971.82 1.25 1 1.14
10.50001 - 11.00000 468,732.46 8.38 4 4.55
11.00001 - 11.50000 399,294.00 7.14 5 5.68
11.50001 - 12.00000 806,133.50 14.41 8 9.09
12.00001 - 12.50000 375,579.36 6.71 5 5.68
12.50001 - 13.00000 743,067.07 13.28 10 11.36
13.00001 - 13.50000 221,922.40 3.97 5 5.68
13.50001 - 14.00000 844,351.08 15.09 16 18.18
14.00001 - 14.50000 938,412.84 16.77 19 21.59
14.50001 - 15.00000 650,221.20 11.62 13 14.77
15.00001 - 15.50000 45,843.88 0.82 1 1.14
15.50001 - 15.54000 31,491.92 0.56 1 1.14
------------------------------------------------------------------------------------------------------------------------
</TABLE>
The information contained herein has been prepared solely for the use of
Greenwich Capital Markers, 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.
Page 1/4
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
GROSS MARGIN: 4.290 - 4.500 93,564.15 1.67 1 1.14
4.501 - 5.000 69,971.82 1.25 1 1.14
5.001 - 5.500 270,357.17 4.83 4 4.55
5.501 - 6.000 619,140.56 11.07 7 7.95
6.001 - 6.500 1,080,138.56 19.31 11 12.50
6.501 - 7.000 579,128.24 10.35 7 7.95
7.001 - 7.500 1,382,529.32 24.71 25 28.41
7.501 - 8.000 990,173.69 17.70 24 27.27
8.001 - 8.500 216,669.04 3.87 4 4.55
8.501 - 8.740 293,348.98 5.24 4 4.55
PERIOD RATE CAP: 1.000 5,595,021.53 100.00 88 100.00
MIN INT CAP: 10.44000 - 10.50000 69,971.82 1.25 1 1.14
10.50001 - 11.00000 468,732.46 8.38 4 4.55
11.00001 - 11.50000 399,294.00 7.14 5 5.68
11.50001 - 12.00000 806,133.50 14.41 8 9.09
12.00001 - 12.50000 375,579.36 6.71 5 5.68
12.50001 - 13.00000 743,067.07 13.28 10 11.36
13.00001 - 13.50000 221,922.40 3.97 5 5.68
13.50001 - 14.00000 844,351.08 15.09 16 18.18
14.00001 - 14.50000 938,412.84 16.77 19 21.59
14.50001 - 15.00000 650,221.20 11.62 13 14.77
15.00001 - 15.50000 45,843.88 0.82 1 1.14
15.50001 - 15.54000 31,491.92 0.56 1 1.14
MAX INT CAP: 17.44000 - 17.50000 69,971.82 1.25 1 1.14
17.50001 - 18.00000 468,732.46 8.38 4 4.55
18.00001 - 18.50000 399,294.00 7.14 5 5.68
18.50001 - 19.00000 806,133.50 14.41 8 9.09
19.00001 - 19.50000 375,579.36 6.71 5 5.68
19.50001 - 20.00000 743,067.07 13.28 10 11.36
20.00001 - 20.50000 221,922.40 3.97 5 5.68
20.50001 - 21.00000 844,351.08 15.09 16 18.18
21.00001 - 21.50000 938,412.84 16.77 19 21.59
21.50001 - 22.00000 650,221.20 11.62 13 14.77
22.00001 - 22.50000 45,843.88 0.82 1 1.14
22.50001 - 22.54000 31,491.92 0.56 1 1.14
MONTH TO NEXT CHANGE DATE September 2003 2,322,026.66 41.50 39 44.32
October 2003 2,857,691.35 51.08 44 50.00
November 2003 415,303.52 7.42 5 5.68
ORIGINAL TERM: 360 - 360 5,595,021.53 100.00 88 100.00
REMAINING TERM: 358 - 360 5,595,021.53 100.00 88 100.00
SEASONING: (less than or equal to) 0 415,303.52 7.42 5 5.68
1 - 2 5,179,718.01 92.58 83 94.32
----------------------------------------------------------------------------------------------------------------------
</TABLE>
The information contained herein has been prepared solely for the use of
Greenwich Capital Markers, 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.
Page 2/4
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
COMB LTV: 26.32 - 30.00 85,984.08 1.54 3 3.41
30.01 - 35.00 65,396.78 1.17 1 1.14
35.01 - 40.00 92,974.17 1.66 3 3.41
40.01 - 45.00 106,458.03 1.90 4 4.55
45.01 - 50.00 216,439.86 3.87 5 5.68
50.01 - 55.00 580,876.81 10.38 7 7.95
55.01 - 60.00 513,752.10 9.18 11 12.50
60.01 - 65.00 414,764.00 7.41 10 11.36
65.01 - 70.00 1,103,181.46 19.72 16 18.18
70.01 - 75.00 994,124.32 17.77 12 13.64
75.01 - 80.00 1,127,149.32 20.15 14 15.91
80.01 - 85.00 127,420.60 2.28 1 1.14
85.01 - 90.00 166,500.00 2.98 1 1.14
FICO SCORE: (less than or equal to) 0.00 271,894.75 4.86 8 9.09
400.01 - 450.00 309,933.92 5.54 5 5.68
450.01 - 500.00 2,815,656.47 50.32 42 47.73
500.01 - 550.00 1,377,237.61 24.62 22 25.00
550.01 - 600.00 568,692.76 10.16 8 9.09
600.01 - 650.00 124,185.42 2.22 2 2.27
650.01 - 671.00 127,420.60 2.28 1 1.14
PREPAY TERM: 0 302,694.94 5.41 3 3.41
12 42,692.30 0.76 1 1.14
36 4,984,292.02 89.08 82 93.18
60 265,342.27 4.74 2 2.27
LIEN: First Lien 5,595,021.53 100.00 88 100.00
OCCUPANCY: Primary 5,300,418.98 94.73 83 94.32
Non-owner 294,602.55 5.27 5 5.68
PROPERTY TYPE: Single Family 4,513,308.01 80.67 73 82.95
Two-Four Family 985,331.45 17.61 13 14.77
Condominium 96,382.07 1.72 2 2.27
PURPOSE: Cash Out Refinance 2,197,868.38 39.28 42 47.73
Debt Consolidation 1,946,491.84 34.79 30 34.09
Rate/Term Refinance 1,041,837.69 18.62 10 11.36
Purchase 408,823.62 7.31 6 6.82
DOCUMENTATION: Full Documentation 4,258,066.34 76.10 68 77.27
Limited Documentation 571,406.04 10.21 12 13.64
No Income Verification 507,660.19 9.07 6 6.82
Stated Income Documentation 257,888.96 4.61 2 2.27
GRADE: D 2,794,309.07 49.94 55 62.50
A 1,544,498.71 27.60 17 19.32
C 729,029.97 13.03 10 11.36
B 527,183.78 9.42 6 6.82
AMORTIZATION: Fully Amortizing 5,595,021.53 100.00 88 100.00
----------------------------------------------------------------------------------------------------------------------
</TABLE>
The information contained herein has been prepared solely for the use of
Greenwich Capital Markers, 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.
Page 3/4
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
STATE: California 75,159.62 1.34 1 1.14
Connecticut 589,800.45 10.54 8 9.09
Florida 212,610.30 3.80 2 2.27
Georgia 192,534.23 3.44 5 5.68
Illinois 583,983.50 10.44 8 9.09
Indiana 244,790.45 4.38 4 4.55
Kentucky 48,739.80 0.87 1 1.14
Louisiana 25,995.82 0.46 1 1.14
Maryland 276,584.71 4.94 4 4.55
Massachusetts 180,568.89 3.23 1 1.14
Michigan 383,711.55 6.86 8 9.09
Missouri 49,086.84 0.88 2 2.27
New Jersey 225,393.72 4.03 2 2.27
New York 118,859.63 2.12 1 1.14
North Carolina 118,945.16 2.13 1 1.14
Ohio 1,515,685.97 27.09 28 31.82
Pennsylvania 498,540.23 8.91 7 7.95
Virginia 254,030.66 4.54 4 4.55
---------------------------------------------------------------------------------------------------------------------------
</TABLE>
The information contained herein has been prepared solely for the use of
Greenwich Capital Markers, 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.
Page 4/4
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
11/29/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4 FIXED RATE
Scheduled Balance 11/01/00
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
<S> <C>
PRODUCT: Fixed Rate
TOTAL CURRENT BALANCE: $ 56,017,056.46
NUMBER OF LOANS: 816
AVERAGE CURRENT BALANCE: $ 68,648.35 RANGE: $ 5,900.00 - $ 299,932.02
WEIGHTED AVERAGE GROSS COUPON: 12.51410% RANGE: 8.79000 - 15.99000%
WEIGHTED AVERAGE COMB LTV: 70.42% RANGE: 16.95 - 90.00%
WEIGHTED AVERAGE FICO SCORE: 578 RANGE: 0 - 793
WEIGHTED AVERAGE ORIGINAL TERM: 324.63 months RANGE: 60.00 - 360.00 months
WEIGHTED AVERAGE REMAINING TERM: 323.32 months RANGE: 58.00 - 360.00 months
WEIGHTED AVERAGE SEASONING: 1.31 months RANGE: 0.00 - 3.00 months
TOP PREPAYMENT CONCENTRATIONS ($): 74.60% Prepayment Penalty, 25.40% No Prepayment Penalty
WEIGHTED AVERAGE PREPAY TERM: 30 months RANGE: 0 - 60 months
TOP STATE CONCENTRATIONS ($): 30.28% New York, 10.60% Pennsylvania, 10.18% New Jersey
MAXIMUM ZIP CODE CONCENTRATION ($): 1.31% 11221 (Brooklyn, NY)
FIRST PAY DATE: Sep 01, 2000 - Jan 01, 2001
MATURE DATE: Sep 12, 2005 - Dec 01, 2030
------------------------------------------------------------------------------------------------------------------
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
CURRENT BALANCE: 5,900 - 50,000 12,713,177.70 22.70 393 48.16
50,001 - 100,000 19,051,758.09 34.01 264 32.35
100,001 - 150,000 12,793,888.39 22.84 103 12.62
150,001 - 200,000 5,129,489.33 9.16 30 3.68
200,001 - 250,000 3,341,555.94 5.97 15 1.84
250,001 - 299,932 2,987,187.01 5.33 11 1.35
GROSS COUPON: 8.79000 - 9.00000 334,404.06 0.60 5 0.61
9.00001 - 9.50000 1,072,437.99 1.91 10 1.23
9.50001 - 10.00000 1,910,030.97 3.41 22 2.70
10.00001 - 10.50000 1,481,098.45 2.64 18 2.21
10.50001 - 11.00000 3,512,787.18 6.27 54 6.62
11.00001 - 11.50000 3,398,607.80 6.07 52 6.37
11.50001 - 12.00000 7,915,496.00 14.13 104 12.75
12.00001 - 12.50000 5,928,917.27 10.58 90 11.03
12.50001 - 13.00000 10,382,137.34 18.53 151 18.50
13.00001 - 13.50000 6,126,772.95 10.94 85 10.42
13.50001 - 14.00000 6,966,065.09 12.44 95 11.64
14.00001 - 14.50000 4,277,867.10 7.64 69 8.46
14.50001 - 15.00000 2,308,032.86 4.12 50 6.13
15.00001 - 15.50000 185,350.50 0.33 6 0.74
15.50001 - 15.99000 217,050.90 0.39 5 0.61
ORIGINAL TERM: 60 - 90 113,201.23 0.20 3 0.37
91 - 150 1,582,154.23 2.82 36 4.41
151 - 210 6,205,795.58 11.08 122 14.95
211 - 270 3,065,175.96 5.47 51 6.25
271 - 330 1,282,489.59 2.29 15 1.84
331 - 360 43,768,239.87 78.13 589 72.18
REMAINING TERM: 58 - 60 23,201.23 0.04 1 0.12
61 - 120 1,432,959.26 2.56 34 4.17
121 - 180 6,229,445.11 11.12 123 15.07
181 - 240 2,879,953.59 5.14 50 6.13
241 - 300 1,683,257.40 3.00 19 2.33
301 - 360 43,768,239.87 78.13 589 72.18
------------------------------------------------------------------------------------------------------------------
</TABLE>
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.
Page 1/3
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
11/29/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4 FIXED RATE
Scheduled Balance 11/01/00
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
SEASONING: (less than or equal to) 0 5,569,438.00 9.94 87 10.66
1 - 3 50,447,618.46 90.06 729 89.34
COMB LTV: 16.95 - 20.00 20,000.00 0.04 1 0.12
20.01 - 25.00 92,990.92 0.17 3 0.37
25.01 - 30.00 275,372.97 0.49 7 0.86
30.01 - 35.00 218,766.00 0.39 5 0.61
35.01 - 40.00 523,806.09 0.94 14 1.72
40.01 - 45.00 855,770.20 1.53 14 1.72
45.01 - 50.00 2,474,772.73 4.42 40 4.90
50.01 - 55.00 2,704,219.96 4.83 41 5.02
55.01 - 60.00 3,936,821.11 7.03 80 9.80
60.01 - 65.00 6,149,937.64 10.98 83 10.17
65.01 - 70.00 10,203,011.59 18.21 138 16.91
70.01 - 75.00 10,747,083.96 19.19 138 16.91
75.01 - 80.00 10,014,267.69 17.88 151 18.50
80.01 - 85.00 4,959,334.20 8.85 66 8.09
85.01 - 90.00 2,840,901.40 5.07 35 4.29
FICO SCORE: (less than or equal to) 0.00 2,445,956.36 4.37 57 6.99
340.01 - 360.00 36,500.00 0.07 1 0.12
420.01 - 440.00 114,979.98 0.21 3 0.37
440.01 - 460.00 1,345,153.37 2.40 20 2.45
460.01 - 480.00 1,923,067.63 3.43 29 3.55
480.01 - 500.00 2,475,271.98 4.42 53 6.50
500.01 - 520.00 5,883,476.99 10.50 86 10.54
520.01 - 540.00 6,296,571.93 11.24 96 11.76
540.01 - 560.00 5,785,996.38 10.33 90 11.03
560.01 - 580.00 6,623,129.22 11.82 90 11.03
580.01 - 600.00 4,376,809.45 7.81 66 8.09
' 600.01 - 620.00 6,013,199.31 10.73 76 9.31
620.01 - 640.00 3,292,184.05 5.88 38 4.66
640.01 - 660.00 1,990,582.66 3.55 24 2.94
660.01 - 680.00 1,720,897.52 3.07 27 3.31
680.01 - 700.00 2,097,516.93 3.74 21 2.57
700.01 - 720.00 1,768,891.31 3.16 18 2.21
720.01 - 740.00 713,682.65 1.27 9 1.10
740.01 - 760.00 422,138.49 0.75 7 0.86
760.01 - 780.00 170,208.79 0.30 2 0.25
780.01 - 793.00 520,841.46 0.93 3 0.37
PREPAY TERM: 0 14,228,848.76 25.40 229 28.06
12 14,337,714.34 25.60 170 20.83
24 1,413,277.64 2.52 28 3.43
36 21,992,991.12 39.26 315 38.60
60 4,044,224.60 7.22 74 9.07
LIEN POSITION: First Lien 49,333,330.48 88.07 656 80.39
Second lien 6,683,725.98 11.93 160 19.61
OCCUPANCY: Primary 42,726,303.60 76.27 643 78.80
Non-owner 13,290,752.86 23.73 173 21.20
PROPERTY TYPE: Single Family 35,373,735.60 63.15 584 71.57
Two-Four Family 7,025,455.77 12.54 96 11.76
Mixed Use 6,412,485.76 11.45 60 7.35
Five-Eight Family 5,600,663.25 10.00 51 6.25
Condominium 1,604,716.08 2.86 25 3.06
DOCUMENTATION: Full Documentation 36,681,596.61 65.48 564 69.12
No Income Verification 13,214,381.99 23.59 156 19.12
Limited Documentation 5,027,220.47 8.97 82 10.05
Stated Documentation 1,093,857.39 1.95 14 1.72
------------------------------------------------------------------------------------------------------------------
</TABLE>
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.
Page 2/3
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
11/29/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4 FIXED RATE
Scheduled Balance 11/01/00
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
GRADE: A 32,641,709.73 58.27 412 50.49
C 9,377,966.11 16.74 167 20.47
B 9,329,447.34 16.65 147 18.01
D 4,667,933.28 8.33 90 11.03
AMORTIZATION: Fully Amortizing 56,017,056.46 100.00 816 100.00
STATE: Arizona 103,713.67 0.19 2 0.25
Arkansas 264,516.41 0.47 6 0.74
California 18,965.23 0.03 1 0.12
Colorado 276,466.00 0.49 4 0.49
Connecticut 1,739,413.02 3.11 21 2.57
Delaware 480,128.29 0.86 7 0.86
District of Columbia 333,568.69 0.60 4 0.49
Florida 2,083,060.29 3.72 39 4.78
Georgia 1,204,636.98 2.15 19 2.33
Illinois 4,201,216.59 7.50 54 6.62
Indiana 1,190,410.67 2.13 21 2.57
Kansas 97,145.23 0.17 3 0.37
Kentucky 75,877.33 0.14 2 0.25
Louisiana 840,225.61 1.50 18 2.21
Maine 153,664.50 0.27 2 0.25
Maryland 1,371,541.20 2.45 26 3.19
Massachusetts 1,882,417.96 3.36 21 2.57
Michigan 1,014,390.84 1.81 25 3.06
Mississippi 529,563.52 0.95 14 1.72
Missouri 1,295,911.26 2.31 22 2.70
Nebraska 54,000.00 0.10 1 0.12
New Hampshire 335,202.47 0.60 4 0.49
New Jersey 5,701,816.30 10.18 59 7.23
' New York 16,964,332.32 30.28 183 22.43
North Carolina 2,166,603.25 3.87 34 4.17
Ohio 3,295,142.04 5.88 60 7.35
Pennsylvania 5,939,087.17 10.60 123 15.07
Rhode Island 583,281.45 1.04 9 1.10
South Carolina 165,223.13 0.29 4 0.49
Tennessee 1,117,748.14 2.00 17 2.08
Vermont 104,975.66 0.19 1 0.12
Virginia 266,939.80 0.48 7 0.86
West Virginia 165,871.44 0.30 3 0.37
-------------------------------------------------------------------------------------------------------------------
</TABLE>
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.
Page 3/3
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
11/29/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4 NON-OWNER OCCUPIED FIXED RATE
Scheduled Balance 11/01/00
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
<S> <C>
PRODUCT: Fixed Rate
TOTAL CURRENT BALANCE: $ 13,290,752.86
NUMBER OF LOANS: 173
AVERAGE CURRENT BALANCE: $ 76,825.16 RANGE: $ 17,950.00 - $ 281,171.99
WEIGHTED AVERAGE GROSS COUPON: 12.91312% RANGE: 8.99000 - 15.99000%
WEIGHTED AVERAGE COMB LTV: 68.41% RANGE: 44.58 - 85.00%
WEIGHTED AVERAGE FICO SCORE: 603 RANGE: 0 - 793
WEIGHTED AVERAGE ORIGINAL TERM: 346.03 months RANGE: 120.00 - 360.00 months
WEIGHTED AVERAGE REMAINING TERM: 344.62 months RANGE: 119.00 - 360.00 months
WEIGHTED AVERAGE SEASONING: 1.41 months RANGE: 0.00 - 3.00 months
TOP PREPAYMENT CONCENTRATIONS ($): 81.93% Prepayment Penalty, 18.07% No Prepayment Penalty
WEIGHTED AVERAGE PREPAY TERM: 34 months RANGE: 0 - 60 months
TOP STATE CONCENTRATIONS ($): 28.70% New York, 11.05% Illinois, 10.31% New Jersey
MAXIMUM ZIP CODE CONCENTRATION ($): 2.86% 11221 (Brooklyn, NY)
FIRST PAY DATE: Sep 30, 2000 - Dec 02, 2000
MATURE DATE: Oct 10, 2010 - Nov 02, 2030
------------------------------------------------------------------------------------------------------------------
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
CURRENT BALANCE: 17,951 - 50,000 2,493,899.97 18.76 76 43.93
50,001 - 100,000 4,080,082.27 30.70 56 32.37
100,001 - 150,000 3,080,463.72 23.18 25 14.45
150,001 - 200,000 884,600.00 6.66 5 2.89
200,001 - 250,000 896,493.45 6.75 4 2.31
250,001 - 281,172 1,855,213.45 13.96 7 4.05
GROSS COUPON: 8.99000 - 9.00000 28,552.54 0.21 1 0.58
9.50001 - 10.00000 58,021.38 0.44 1 0.58
10.50001 - 11.00000 542,200.54 4.08 6 3.47
11.00001 - 11.50000 236,270.16 1.78 5 2.89
11.50001 - 12.00000 1,818,109.04 13.68 24 13.87
12.00001 - 12.50000 1,747,962.51 13.15 23 13.29
12.50001 - 13.00000 3,662,979.09 27.56 43 24.86
13.00001 - 13.50000 1,332,367.84 10.02 19 10.98
13.50001 - 14.00000 2,005,685.57 15.09 21 12.14
14.00001 - 14.50000 1,239,955.49 9.33 16 9.25
14.50001 - 15.00000 359,469.30 2.70 7 4.05
15.00001 - 15.50000 119,978.50 0.90 4 2.31
15.50001 - 15.99000 139,200.90 1.05 3 1.73
ORIGINAL TERM: 120 - 150 28,552.54 0.21 1 0.58
151 - 210 839,795.72 6.32 18 10.40
211 - 270 230,143.70 1.73 6 3.47
331 - 360 12,192,260.90 91.73 148 85.55
REMAINING TERM: 119 - 120 28,552.54 0.21 1 0.58
121 - 180 839,795.72 6.32 18 10.40
181 - 240 230,143.70 1.73 6 3.47
301 - 360 12,192,260.90 91.73 148 85.55
SEASONING: (less than or equal to) 0 628,150.00 4.73 7 4.05
1 - 3 12,662,602.86 95.27 166 95.95
-------------------------------------------------------------------------------------------------------------------
</TABLE>
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.
Page 1/3
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
11/29/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4 NON-OWNER OCCUPIED FIXED RATE
Scheduled Balance 11/01/00
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
COMB LTV: 44.58 - 45.00 36,971.78 0.28 1 0.58
45.01 - 50.00 909,366.06 6.84 15 8.67
50.01 - 55.00 341,257.57 2.57 6 3.47
55.01 - 60.00 965,872.14 7.27 17 9.83
60.01 - 65.00 2,065,268.78 15.54 20 11.56
65.01 - 70.00 3,744,978.24 28.18 46 26.59
70.01 - 75.00 4,385,739.78 33.00 54 31.21
75.01 - 80.00 808,583.32 6.08 13 7.51
80.01 - 85.00 32,715.19 0.25 1 0.58
FICO SCORE: (less than or equal to) 0.00 100,521.78 0.76 3 1.73
340.01 - 360.00 36,500.00 0.27 1 0.58
440.01 - 460.00 465,207.57 3.50 4 2.31
460.01 - 480.00 239,545.18 1.80 4 2.31
480.01 - 500.00 221,650.90 1.67 6 3.47
500.01 - 520.00 487,184.18 3.67 9 5.20
520.01 - 540.00 1,006,188.62 7.57 17 9.83
540.01 - 560.00 1,111,900.10 8.37 17 9.83
560.01 - 580.00 1,647,111.76 12.39 23 13.29
580.01 - 600.00 1,445,195.70 10.87 18 10.40
600.01 - 620.00 1,621,313.84 12.20 19 10.98
620.01 - 640.00 1,374,526.03 10.34 12 6.94
640.01 - 660.00 762,625.50 5.74 8 4.62
660.01 - 680.00 759,188.42 5.71 11 6.36
680.01 - 700.00 869,825.66 6.54 9 5.20
700.01 - 720.00 348,166.65 2.62 4 2.31
720.01 - 740.00 221,909.51 1.67 3 1.73
740.01 - 760.00 147,350.00 1.11 2 1.16
760.01 - 780.00 89,250.00 0.67 1 0.58
780.01 - 793.00 335,591.46 2.52 2 1.16
PREPAY TERM: 0 2,401,804.97 18.07 25 14.45
12 1,285,275.22 9.67 12 6.94
24 49,000.00 0.37 1 0.58
36 9,236,008.97 69.49 127 73.41
60 318,663.70 2.40 8 4.62
LIEN POSITION: First Lien 12,953,717.46 97.46 166 95.95
Second Lien 337,035.40 2.54 7 4.05
OCCUPANCY: Non-owner 13,290,752.86 100.00 173 100.00
PROPERTY TYPE: Five-Eight Family 4,617,980.64 34.75 43 24.86
Mixed Use 3,798,277.53 28.58 37 21.39
Single Family 2,589,200.88 19.48 58 33.53
Two-Four Family 1,988,325.96 14.96 28 16.18
Condominium 296,967.85 2.23 7 4.05
DOCUMENTATION: Full Documentation 8,076,055.91 60.76 99 57.23
No Income Verification 4,786,786.82 36.02 67 38.73
Limited Documentation 427,910.13 3.22 7 4.05
GRADE: A 9,311,997.64 70.06 110 63.58
B 2,281,698.95 17.17 33 19.08
C 1,413,594.30 10.64 21 12.14
D 283,461.97 2.13 9 5.20
AMORTIZATION: Fully Amortizing 13,290,752.86 100.00 173 100.00
-------------------------------------------------------------------------------------------------------------------
</TABLE>
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.
Page 2/3
<PAGE>
--------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
11/29/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4 NON-OWNER OCCUPIED FIXED RATE
Scheduled Balance 11/01/00
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
STATE: Arkansas 22,750.00 0.17 1 0.58
Colorado 189,000.00 1.42 1 0.58
Connecticut 978,496.45 7.36 12 6.94
Delaware 143,000.00 1.08 1 0.58
Florida 293,412.65 2.21 7 4.05
Georgia 107,718.36 0.81 3 1.73
Illinois 1,469,098.18 11.05 11 6.36
Indiana 120,972.06 0.91 2 1.16
Louisiana 313,395.00 2.36 4 2.31
Maryland 396,899.86 2.99 9 5.20
Massachusetts 1,002,140.20 7.54 9 5.20
Michigan 189,550.22 1.43 6 3.47
Mississippi 59,490.00 0.45 2 1.16
Missouri 159,351.88 1.20 4 2.31
New Hampshire 239,202.47 1.80 3 1.73
New Jersey 1,369,796.13 10.31 15 8.67
New York 3,814,785.72 28.70 28 16.18
North Carolina 75,000.00 0.56 1 0.58
Ohio 817,843.67 6.15 16 9.25
Pennsylvania 948,920.91 7.14 27 15.61
Rhode Island 301,266.65 2.27 5 2.89
South Carolina 30,391.85 0.23 1 0.58
Tennessee 113,300.54 0.85 3 1.73
Vermont 104,975.66 0.79 1 0.58
Virginia 29,994.40 0.23 1 0.58
------------------------------------------------------------------------------------------------------------------
</TABLE>
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.
Page 3/3
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
PRODUCT: 3/27 ARM
TOTAL CURRENT BALANCE: $5,595,021.53
NUMBER OF LOANS: 88
AVERAGE CURRENT BALANCE: $63,579.79 RANGE: $17,494.47 - $186,971.64
WEIGHTED AVERAGE GROSS COUPON: 12.98808% RANGE: 10.44000 - 15.54000%
WEIGHTED AVERAGE GROSS MARGIN: 6.9071% RANGE: 4.2900 - 8.7400%
WEIGHTED AVERAGE PERIOD RATE CAP: 1.0000% RANGE: 1.0000 - 1.0000%
WEIGHTED AVERAGE MIN INT RATE: 12.9881% RANGE: 10.4400 - 15.5400%
WEIGHTED AVERAGE MAX INT RATE: 19.9881% RANGE: 17.4400 - 22.5400%
WEIGHTED AVERAGE NEXT RESET: 35 months RANGE: 34 - 36 months
WEIGHTED AVERAGE COMB LTV: 67.80% RANGE: 26.32 - 90.00%
WEIGHTED AVERAGE FICO SCORE: 507 RANGE: 0 - 671
WEIGHTED AVERAGE ORIGINAL TERM: 360.00 months RANGE: 360.00 - 360.00 months
WEIGHTED AVERAGE REMAINING TERM: 358.66 months RANGE: 358.00 - 360.00 months
WEIGHTED AVERAGE SEASONING: 1.34 months RANGE: 0.00 - 2.00 months
TOP PREPAYMENT CONCENTRATIONS ($): 94.59% Prepayment Penalty, 5.41% No Prepayment Penalty
WEIGHTED AVERAGE PREPAY TERM: 37 months RANGE: 0 - 60 months
TOP STATE CONCENTRATIONS ($): 27.09% Ohio, 10.54% Connecticut, 10.44% Illinois
MAXIMUM ZIP CODE CONCENTRATION ($): 3.34% 15090 (Wexford, PA)
FIRST PAY DATE: Oct 01, 2000 - Dec 06, 2000
NEXT RATE ADJ DATE: Sep 01, 2003 - Nov 06, 2003
MATURE DATE: Sep 01, 2030 - Nov 06, 2030
------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
CURRENT BALANCE: 17,494 - 50,000 1,476,056.67 26.38 43 48.86
50,001 - 100,000 2,189,470.18 39.13 31 35.23
100,001 - 150,000 1,240,301.71 22.17 10 11.36
150,001 - 186,972 689,192.97 12.32 4 4.55
GROSS COUPON: 10.44000 - 10.50000 69,971.82 1.25 1 1.14
10.50001 - 11.00000 468,732.46 8.38 4 4.55
11.00001 - 11.50000 399,294.00 7.14 5 5.68
11.50001 - 12.00000 806,133.50 14.41 8 9.09
12.00001 - 12.50000 375,579.36 6.71 5 5.68
12.50001 - 13.00000 743,067.07 13.28 10 11.36
13.00001 - 13.50000 221,922.40 3.97 5 5.68
13.50001 - 14.00000 844,351.08 15.09 16 18.18
14.00001 - 14.50000 938,412.84 16.77 19 21.59
14.50001 - 15.00000 650,221.20 11.62 13 14.77
15.00001 - 15.50000 45,843.88 0.82 1 1.14
15.50001 - 15.54000 31,491.92 0.56 1 1.14
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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.
Page 1/4
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
------------------------------------------------------------------------------------------------------------------------------------
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
GROSS MARGIN: 4.290 - 4.500 93,564.15 1.67 1 1.14
4.501 - 5.000 69,971.82 1.25 1 1.14
5.001 - 5.500 270,357.17 4.83 4 4.55
5.501 - 6.000 619,140.56 11.07 7 7.95
6.001 - 6.500 1,080,138.56 19.31 11 12.50
6.501 - 7.000 579,128.24 10.35 7 7.95
7.001 - 7.500 1,382,529.32 24.71 25 28.41
7.501 - 8.000 990,173.69 17.70 24 27.27
8.001 - 8.500 216,669.04 3.87 4 4.55
8.501 - 8.740 293,348.98 5.24 4 4.55
PERIOD RATE CAP: 1.000 5,595,021.53 100.00 88 100.00
MIN INT CAP: 10.44000 - 10.50000 69,971.82 1.25 1 1.14
10.50001 - 11.00000 468,732.46 8.38 4 4.55
11.00001 - 11.50000 399,294.00 7.14 5 5.68
11.50001 - 12.00000 806,133.50 14.41 8 9.09
12.00001 - 12.50000 375,579.36 6.71 5 5.68
12.50001 - 13.00000 743,067.07 13.28 10 11.36
13.00001 - 13.50000 221,922.40 3.97 5 5.68
13.50001 - 14.00000 844,351.08 15.09 16 18.18
14.00001 - 14.50000 938,412.84 16.77 19 21.59
14.50001 - 15.00000 650,221.20 11.62 13 14.77
15.00001 - 15.50000 45,843.88 0.82 1 1.14
15.50001 - 15.54000 31,491.92 0.56 1 1.14
MAX INT CAP: 17.44000 - 17.50000 69,971.82 1.25 1 1.14
17.50001 - 18.00000 468,732.46 8.38 4 4.55
18.00001 - 18.50000 399,294.00 7.14 5 5.68
18.50001 - 19.00000 806,133.50 14.41 8 9.09
19.00001 - 19.50000 375,579.36 6.71 5 5.68
19.50001 - 20.00000 743,067.07 13.28 10 11.36
20.00001 - 20.50000 221,922.40 3.97 5 5.68
20.50001 - 21.00000 844,351.08 15.09 16 18.18
21.00001 - 21.50000 938,412.84 16.77 19 21.59
21.50001 - 22.00000 650,221.20 11.62 13 14.77
22.00001 - 22.50000 45,843.88 0.82 1 1.14
22.50001 - 22.54000 31,491.92 0.56 1 1.14
MONTH TO NEXT CHANGE DATE September 2003 2,322,026.66 41.50 39 44.32
October 2003 2,857,691.35 51.08 44 50.00
November 2003 415,303.52 7.42 5 5.68
ORIGINAL TERM: 360 - 360 5,595,021.53 100.00 88 100.00
REMAINING TERM: 358 - 360 5,595,021.53 100.00 88 100.00
SEASONING: (less than or equal to) 0 415,303.52 7.42 5 5.68
1 - 2 5,179,718.01 92.58 83 94.32
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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.
Page 2/4
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
------------------------------------------------------------------------------------------------------------------------------------
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
COMB LTV: 26.32 - 30.00 85,984.08 1.54 3 3.41
30.01 - 35.00 65,396.78 1.17 1 1.14
35.01 - 40.00 92,974.17 1.66 3 3.41
40.01 - 45.00 106,458.03 1.90 4 4.55
45.01 - 50.00 216,439.86 3.87 5 5.68
50.01 - 55.00 580,876.81 10.38 7 7.95
55.01 - 60.00 513,752.10 9.18 11 12.50
60.01 - 65.00 414,764.00 7.41 10 11.36
65.01 - 70.00 1,103,181.46 19.72 16 18.18
70.01 - 75.00 994,124.32 17.77 12 13.64
75.01 - 80.00 1,127,149.32 20.15 14 15.91
80.01 - 85.00 127,420.60 2.28 1 1.14
85.01 - 90.00 166,500.00 2.98 1 1.14
FICO SCORE: (less than or equal to) 0.00 271,894.75 4.86 8 9.09
400.01 - 450.00 309,933.92 5.54 5 5.68
450.01 - 500.00 2,815,656.47 50.32 42 47.73
500.01 - 550.00 1,377,237.61 24.62 22 25.00
550.01 - 600.00 568,692.76 10.16 8 9.09
600.01 - 650.00 124,185.42 2.22 2 2.27
650.01 - 671.00 127,420.60 2.28 1 1.14
PREPAY TERM: 0 302,694.94 5.41 3 3.41
12 42,692.30 0.76 1 1.14
36 4,984,292.02 89.08 82 93.18
60 265,342.27 4.74 2 2.27
LIEN: First Lien 5,595,021.53 100.00 88 100.00
OCCUPANCY: Primary 5,300,418.98 94.73 83 94.32
Non-owner 294,602.55 5.27 5 5.68
PROPERTY TYPE: Single Family 4,513,308.01 80.67 73 82.95
Two-Four Family 985,331.45 17.61 13 14.77
Condominium 96,382.07 1.72 2 2.27
PURPOSE: Cash Out Refinance 2,197,868.38 39.28 42 47.73
Debt Consolidation 1,946,491.84 34.79 30 34.09
Rate/Term Refinance 1,041,837.69 18.62 10 11.36
Purchase 408,823.62 7.31 6 6.82
DOCUMENTATION: Full Documentation 4,258,066.34 76.10 68 77.27
Limited Documentation 571,406.04 10.21 12 13.64
No Income Verification 507,660.19 9.07 6 6.82
Stated Income Documentation 257,888.96 4.61 2 2.27
GRADE: D 2,794,309.07 49.94 55 62.50
A 1,544,498.71 27.60 17 19.32
C 729,029.97 13.03 10 11.36
B 527,183.78 9.42 6 6.82
AMORTIZATION: Fully Amortizing 5,595,021.53 100.00 88 100.00
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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.
Page 3/4
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
------------------------------------------------------------------------------------------------------------------------------------
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- -----
<S> <C> <C> <C> <C> <C>
STATE: California 75,159.62 1.34 1 1.14
Connecticut 589,800.45 10.54 8 9.09
Florida 212,610.30 3.80 2 2.27
Georgia 192,534.23 3.44 5 5.68
Illinois 583,983.50 10.44 8 9.09
Indiana 244,790.45 4.38 4 4.55
Kentucky 48,739.80 0.87 1 1.14
Louisiana 25,995.82 0.46 1 1.14
Maryland 276,584.71 4.94 4 4.55
Massachusetts 180,568.89 3.23 1 1.14
Michigan 383,711.55 6.86 8 9.09
Missouri 49,086.84 0.88 2 2.27
New Jersey 225,393.72 4.03 2 2.27
New York 118,859.63 2.12 1 1.14
North Carolina 118,945.16 2.13 1 1.14
Ohio 1,515,685.97 27.09 28 31.82
Pennsylvania 498,540.23 8.91 7 7.95
Virginia 254,030.66 4.54 4 4.55
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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.
Page 4/4
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
------------------------------------------------------------------------------------------------------------------------------------
<S> <C>
PRODUCT: Fixed Rate
TOTAL CURRENT BALANCE: $69,866,037.34
NUMBER OF LOANS: 1,027
AVERAGE CURRENT BALANCE: $68,029.25 RANGE: $5,881.77 - $299,932.02
WEIGHTED AVERAGE GROSS COUPON: 12.44054% RANGE: 8.39000 - 15.99000%
WEIGHTED AVERAGE COMB LTV: 70.41% RANGE: 10.00 - 90.00%
WEIGHTED AVERAGE FICO SCORE: 580 RANGE: 0 - 793
WEIGHTED AVERAGE ORIGINAL TERM: 323.97 months RANGE: 60.00 - 360.00 months
WEIGHTED AVERAGE REMAINING TERM: 322.86 months RANGE: 58.00 - 360.00 months
WEIGHTED AVERAGE SEASONING: 1.10 months RANGE: 0.00 - 3.00 months
TOP PREPAYMENT CONCENTRATIONS ($): 73.88% Prepayment Penalty, 26.12% No Prepayment Penalty
WEIGHTED AVERAGE PREPAY TERM: 30 months RANGE: 0 - 60 months
TOP STATE CONCENTRATIONS ($): 29.81% New York, 10.34% New Jersey, 10.16% Pennsylvania
MAXIMUM ZIP CODE CONCENTRATION ($): 1.37% 11221 (Brooklyn, NY)
FIRST PAY DATE: Sep 01, 2000 - Jan 20, 2001
MATURE DATE: Sep 12, 2005 - Dec 01, 2030
------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
CURRENT BALANCE: 5,882 - 50,000 15,809,373.63 22.63 491 47.81
50,001 - 100,000 24,092,544.03 34.48 338 32.91
100,001 - 150,000 15,794,268.46 22.61 128 12.46
150,001 - 200,000 6,537,296.38 9.36 38 3.70
200,001 - 250,000 4,646,110.99 6.65 21 2.04
250,001 - 299,932 2,986,443.85 4.27 11 1.07
GROSS COUPON: 8.39000 - 8.50000 96,000.00 0.14 1 0.10
8.50001 - 9.00000 334,321.00 0.48 5 0.49
9.00001 - 9.50000 1,201,866.58 1.72 11 1.07
9.50001 - 10.00000 2,379,557.08 3.41 28 2.73
10.00001 - 10.50000 2,038,972.25 2.92 24 2.34
10.50001 - 11.00000 4,717,911.80 6.75 69 6.72
11.00001 - 11.50000 5,063,700.22 7.25 74 7.21
11.50001 - 12.00000 10,590,013.43 15.16 147 14.31
12.00001 - 12.50000 8,004,351.80 11.46 123 11.98
12.50001 - 13.00000 11,982,431.67 17.15 174 16.94
13.00001 - 13.50000 7,513,468.44 10.75 109 10.61
13.50001 - 14.00000 7,914,320.95 11.33 112 10.91
14.00001 - 14.50000 4,757,123.26 6.81 80 7.79
14.50001 - 15.00000 2,869,691.69 4.11 59 5.74
15.00001 - 15.50000 185,301.16 0.27 6 0.58
15.50001 - 15.99000 217,006.01 0.31 5 0.49
ORIGINAL TERM: 60 - 90 169,554.99 0.24 6 0.58
91 - 150 2,026,126.31 2.90 48 4.67
151 - 210 8,141,018.09 11.65 164 15.97
211 - 270 3,472,666.40 4.97 60 5.84
271 - 330 1,486,644.36 2.13 18 1.75
331 - 360 54,570,027.19 78.11 731 71.18
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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.
Page 1/3
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
------------------------------------------------------------------------------------------------------------------------------------
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
REMAINING TERM: 58 - 60 52,522.45 0.08 2 0.19
61 - 120 1,867,074.94 2.67 47 4.58
121 - 180 8,201,637.26 11.74 166 16.16
181 - 240 3,287,363.33 4.71 59 5.74
241 - 300 1,887,412.17 2.70 22 2.14
301 - 360 54,570,027.19 78.11 731 71.18
SEASONING: (less than or equal to) 0 16,579,702.49 23.73 261 25.41
1 - 3 53,286,334.85 76.27 766 74.59
COMB LTV: 10.00 - 10.00 13,000.00 0.02 1 0.10
15.01 - 20.00 19,917.02 0.03 1 0.10
20.01 - 25.00 172,469.32 0.25 6 0.58
25.01 - 30.00 403,323.63 0.58 10 0.97
30.01 - 35.00 273,661.23 0.39 6 0.58
35.01 - 40.00 900,616.29 1.29 21 2.04
40.01 - 45.00 1,090,108.69 1.56 20 1.95
45.01 - 50.00 2,994,524.99 4.29 50 4.87
50.01 - 55.00 3,125,618.81 4.47 50 4.87
55.01 - 60.00 4,717,301.49 6.75 93 9.06
60.01 - 65.00 7,840,224.51 11.22 108 10.52
65.01 - 70.00 12,022,945.73 17.21 166 16.16
70.01 - 75.00 13,799,084.81 19.75 173 16.85
75.01 - 80.00 12,795,256.56 18.31 193 18.79
80.01 - 85.00 6,155,648.74 8.81 83 8.08
85.01 - 90.00 3,542,335.52 5.07 46 4.48
FICO SCORE: (less than or equal to) 0.00 3,034,257.08 4.34 72 7.01
350.01 - 400.00 36,495.19 0.05 1 0.10
400.01 - 450.00 1,027,913.50 1.47 16 1.56
450.01 - 500.00 6,234,906.04 8.92 112 10.91
500.01 - 550.00 17,366,863.71 24.86 271 26.39
550.01 - 600.00 18,085,150.02 25.89 261 25.41
600.01 - 650.00 12,551,555.13 17.97 162 15.77
650.01 - 700.00 6,571,604.51 9.41 79 7.69
700.01 - 750.00 4,005,945.92 5.73 46 4.48
750.01 - 793.00 951,346.24 1.36 7 0.68
PREPAY TERM: 0 18,246,833.35 26.12 295 28.72
12 17,298,175.53 24.76 203 19.77
24 1,586,593.95 2.27 31 3.02
36 26,876,265.91 38.47 393 38.27
60 5,858,168.60 8.38 105 10.22
LIEN: First Lien 61,745,457.03 88.38 833 81.11
Second Lien 8,120,580.31 11.62 194 18.89
OCCUPANCY: Primary 53,037,796.11 75.91 807 78.58
Non-owner 16,828,241.23 24.09 220 21.42
PROPERTY TYPE: Single Family 44,222,032.81 63.30 739 71.96
Two-Four Family 8,962,024.97 12.83 122 11.88
Mixed Use 7,832,224.50 11.21 73 7.11
Five-Eight Family 6,790,517.13 9.72 62 6.04
Condominium 2,059,237.93 2.95 31 3.02
PURPOSE: Cash Out Refinance 38,169,841.51 54.63 616 59.98
Debt Consolidation 15,197,462.06 21.75 217 21.13
Purchase 10,666,120.02 15.27 118 11.49
Rate/Term Refinance 5,832,613.75 8.35 76 7.40
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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.
Page 2/3
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
FOR INTERNAL USE ONLY
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
12/05/00
DELTA FUNDING HOME EQUITY LOAN TRUST 2000-4
Scheduled Balance 12/01/00
------------------------------------------------------------------------------------------------------------------------------------
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
----------------- ------ ---------- ------
<S> <C> <C> <C> <C> <C>
DOCUMENTATION: Full Documentation 45,613,262.06 65.29 700 68.16
No Income Verification 16,026,240.91 22.94 196 19.08
Limited Documentation 6,916,406.10 9.90 112 10.91
Stated Income Documentation 1,310,128.27 1.88 19 1.85
GRADE: A 40,842,646.26 58.46 520 50.63
B 11,999,545.14 17.18 196 19.08
C 11,540,682.57 16.52 204 19.86
D 5,483,163.37 7.85 107 10.42
AMORTIZATION: Fully Amortizing 69,866,037.34 100.00 1,027 100.00
STATE: Arizona 103,683.19 0.15 2 0.19
Arkansas 417,291.11 0.60 10 0.97
California 18,930.10 0.03 1 0.10
Colorado 276,372.74 0.40 4 0.39
Connecticut 1,992,791.62 2.85 25 2.43
Delaware 527,983.05 0.76 8 0.78
District of Columbia 333,478.53 0.48 4 0.39
Florida 2,311,162.90 3.31 43 4.19
Georgia 1,448,810.85 2.07 24 2.34
Illinois 5,584,834.78 7.99 71 6.91
Indiana 1,376,616.06 1.97 27 2.63
Kansas 97,128.16 0.14 3 0.29
Kentucky 201,276.12 0.29 4 0.39
Louisiana 969,412.72 1.39 21 2.04
Maine 177,047.24 0.25 3 0.29
Maryland 1,768,339.78 2.53 35 3.41
Massachusetts 2,548,277.56 3.65 28 2.73
Michigan 1,305,458.76 1.87 34 3.31
Mississippi 725,302.25 1.04 18 1.75
Missouri 1,865,283.93 2.67 30 2.92
Nebraska 53,990.48 0.08 1 0.10
New Hampshire 364,927.23 0.52 5 0.49
New Jersey 7,225,443.02 10.34 75 7.30
New York 20,827,841.66 29.81 223 21.71
North Carolina 2,738,663.58 3.92 40 3.89
Ohio 4,367,563.55 6.25 80 7.79
Oklahoma 25,000.00 0.04 1 0.10
Oregon 74,683.45 0.11 1 0.10
Pennsylvania 7,099,023.33 10.16 152 14.80
Rhode Island 638,120.68 0.91 10 0.97
South Carolina 324,466.13 0.46 7 0.68
Tennessee 1,193,594.65 1.71 20 1.95
Vermont 104,951.06 0.15 1 0.10
Virginia 509,859.22 0.73 10 0.97
Washington 35,000.00 0.05 1 0.10
West Virginia 233,427.85 0.33 5 0.49
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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.
Page 3/3
<PAGE>
Delta Home Equity Loan Trust, Series 2000-4 CLASS A-1 (A(AAA)
Price Yield Sensitivity Report
Settlement 12/14/00
Class Balance $88,350,000
Coupon 7.240%
Cut-off Date 12/01/00
Next Payment Date 01/15/01
Accrued Interest Days 13
Call Yes
FRM PPC: 4%-20% CPR over 12 Months
ARM PPC: 4%-35% CPR over 30 Months
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
Flat FRM:50% PPC FRM:75% PPC FRM:100% PPC FRM:115% PPC FRM:150% PPC FRM:175% PPC FRM:200% PPC
Price ARM:35% PPC ARM:50% PPC ARM:75% PPC ARM:100% PPC ARM:125% PPC ARM:150% PPC ARM:200% PPC
================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C>
99-16 7.397 7.410 7.423 7.432 7.450 7.465 7.482
99-17 7.390 7.401 7.413 7.420 7.436 7.448 7.463
99-18 7.384 7.393 7.402 7.409 7.422 7.432 7.444
99-19 7.377 7.384 7.392 7.397 7.407 7.415 7.425
99-20 7.370 7.376 7.381 7.385 7.393 7.399 7.407
99-21 7.363 7.367 7.371 7.373 7.379 7.383 7.388
--------------------------------------------------------------------------------------------------------------------------------
99-22 7.357 7.359 7.360 7.362 7.364 7.366 7.369
99-23 7.350 7.350 7.350 7.350 7.350 7.350 7.350
99-24 7.343 7.342 7.340 7.338 7.336 7.334 7.331
99-25 7.337 7.333 7.329 7.327 7.321 7.317 7.312
99-26 7.330 7.325 7.319 7.315 7.307 7.301 7.293
99-27 7.323 7.316 7.308 7.303 7.293 7.285 7.275
99-28 7.316 7.308 7.298 7.292 7.279 7.268 7.256
99-29 7.310 7.299 7.288 7.280 7.264 7.252 7.237
99-30 7.303 7.291 7.277 7.268 7.250 7.236 7.218
99-31 7.296 7.282 7.267 7.257 7.236 7.219 7.200
--------------------------------------------------------------------------------------------------------------------------------
100-00 7.290 7.274 7.256 7.245 7.222 7.203 7.181
--------------------------------------------------------------------------------------------------------------------------------
100-01 7.283 7.265 7.246 7.233 7.207 7.187 7.162
100-02 7.276 7.257 7.236 7.222 7.193 7.171 7.143
100-03 7.270 7.249 7.225 7.210 7.179 7.154 7.125
100-04 7.263 7.240 7.215 7.199 7.165 7.138 7.106
100-05 7.256 7.232 7.205 7.187 7.151 7.122 7.087
100-06 7.250 7.223 7.194 7.175 7.136 7.106 7.069
100-07 7.243 7.215 7.184 7.164 7.122 7.090 7.050
100-08 7.236 7.206 7.174 7.152 7.108 7.073 7.031
100-09 7.230 7.198 7.163 7.141 7.094 7.057 7.013
100-10 7.223 7.190 7.153 7.129 7.080 7.041 6.994
--------------------------------------------------------------------------------------------------------------------------------
100-11 7.216 7.181 7.143 7.118 7.066 7.025 6.975
100-12 7.210 7.173 7.132 7.106 7.051 7.009 6.957
100-13 7.203 7.164 7.122 7.094 7.037 6.993 6.938
100-14 7.197 7.156 7.112 7.083 7.023 6.976 6.919
100-15 7.190 7.148 7.101 7.071 7.009 6.960 6.901
100-16 7.183 7.139 7.091 7.060 6.995 6.944 6.882
================================================================================================================================
WAL (yr) 6.84 4.94 3.79 3.29 2.58 2.21 1.88
MDUR (yr) 4.66 3.69 3.00 2.68 2.19 1.92 1.66
First Prin Pay 01/15/01 01/15/01 01/15/01 01/15/01 01/15/01 01/15/01 01/15/01
Last Prin Pay 12/15/18 01/15/14 10/15/10 06/15/09 06/15/07 06/15/06 08/15/05
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>
"Full Price" = "Flat Price" + Accrued Interest.
Duration and related sensitivities are calculated at midpoint price.
This information is furnished to you solely by
Greenwich Capital Markets, Inc. ("GCM") and not
by the Issuer of the securities or any of its affiliates.
GCM is acting as underwriter and not as Agent for
the issuer or its affiliates in connection with the
proposed transaction.
GREENWICH CAPITAL MARKETS, INC. 05-Dec-00 21:34:09 [rks]
<PAGE>
Delta Home Equity Loan Trust, Series 2000-4 CLASS A-1 (A(AAA)
Price Yield Sensitivity Report
Settlement 12/14/00
Class Balance $88,350,000
Coupon 7.240%
Cut-off Date 12/01/00
Next Payment Date 01/15/01
Accrued Interest Days 13
Call No
FRM PPC: 4%-20% CPR over 12 Months
ARM PPC: 4%-35% CPR over 30 Months
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
Flat FRM:50% PPC FRM:75% PPC FRM:100% PPC FRM:115% PPC FRM:150% PPC FRM:175% PPC FRM:200% PPC
Price ARM:35% PPC ARM:50% PPC ARM:75% PPC ARM:100% PPC ARM:125% PPC ARM:150% PPC ARM:200% PPC
================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C>
99-16 7.396 7.408 7.420 7.429 7.446 7.459 7.476
99-17 7.390 7.400 7.410 7.417 7.432 7.444 7.458
99-18 7.383 7.391 7.400 7.406 7.418 7.428 7.440
99-19 7.376 7.383 7.390 7.395 7.405 7.412 7.422
99-20 7.370 7.375 7.380 7.384 7.391 7.397 7.404
99-21 7.363 7.367 7.370 7.372 7.377 7.381 7.386
--------------------------------------------------------------------------------------------------------------------------------
99-22 7.357 7.358 7.360 7.361 7.364 7.366 7.368
99-23 7.350 7.350 7.350 7.350 7.350 7.350 7.350
99-24 7.343 7.342 7.340 7.339 7.336 7.334 7.332
99-25 7.337 7.334 7.330 7.328 7.323 7.319 7.314
99-26 7.330 7.325 7.320 7.316 7.309 7.303 7.296
99-27 7.324 7.317 7.310 7.305 7.295 7.288 7.278
99-28 7.317 7.309 7.300 7.294 7.282 7.272 7.261
99-29 7.310 7.301 7.290 7.283 7.268 7.257 7.243
99-30 7.304 7.292 7.280 7.272 7.255 7.241 7.225
99-31 7.297 7.284 7.270 7.260 7.241 7.226 7.207
--------------------------------------------------------------------------------------------------------------------------------
100-00 7.291 7.276 7.260 7.249 7.227 7.210 7.189
--------------------------------------------------------------------------------------------------------------------------------
100-01 7.284 7.268 7.250 7.238 7.214 7.195 7.171
100-02 7.278 7.260 7.240 7.227 7.200 7.179 7.154
100-03 7.271 7.251 7.230 7.216 7.187 7.164 7.136
100-04 7.265 7.243 7.220 7.205 7.173 7.148 7.118
100-05 7.258 7.235 7.210 7.194 7.159 7.133 7.100
100-06 7.251 7.227 7.200 7.182 7.146 7.117 7.083
100-07 7.245 7.219 7.190 7.171 7.132 7.102 7.065
100-08 7.238 7.210 7.180 7.160 7.119 7.086 7.047
100-09 7.232 7.202 7.170 7.149 7.105 7.071 7.029
100-10 7.225 7.194 7.160 7.138 7.092 7.055 7.012
--------------------------------------------------------------------------------------------------------------------------------
100-11 7.219 7.186 7.150 7.127 7.078 7.040 6.994
100-12 7.212 7.178 7.140 7.116 7.065 7.025 6.976
100-13 7.206 7.170 7.130 7.105 7.051 7.009 6.959
100-14 7.199 7.162 7.121 7.094 7.038 6.994 6.941
100-15 7.193 7.153 7.111 7.083 7.024 6.979 6.923
100-16 7.186 7.145 7.101 7.071 7.011 6.963 6.906
================================================================================================================================
WAL (yr) 7.23 5.30 4.08 3.54 2.77 2.37 2.02
MDUR (yr) 4.75 3.80 3.12 2.79 2.29 2.01 1.75
First Prin Pay 01/15/01 01/15/01 01/15/01 01/15/01 01/15/01 01/15/01 01/15/01
Last Prin Pay 10/15/29 11/15/26 01/15/22 05/15/19 02/15/15 11/15/12 03/15/11
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>
"Full Price" = "Flat Price" + Accrued Interest.
Duration and related sensitivities are calculated at midpoint price.
This information is furnished to you solely by
Greenwich Capital Markets, Inc. ("GCM") and not
by the Issuer of the securities or any of its affiliates.
GCM is acting as underwriter and not as Agent for
the issuer or its affiliates in connection with the
proposed transaction.
GREENWICH CAPITAL MARKETS, INC. 04-Dec-00 14:56:20 [rks]
<PAGE>
Delta Home Equity Loan Trust, Series 2000-4
Senior-Subordinate O/C Structure
To Call
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
-300 -200 -100 0 100 200 300
================================================================================================================
Speed 33.00% 29.00% 26.00% 22.00% 20.00% 17.00% 15.00%
BEY 4.2110 5.2029 6.1948 7.2321 8.2164 9.2845 10.2585
$Px 105-13 104-05 102-12+ 100-04+ 97-17+ 94-07 90-28
================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C>
WAL (yr) 1.96 2.30 2.60 3.12 3.44 4.05 4.57
----------------------------------------------------------------------------------------------------------------
MDUR (yr) 1.82 2.08 2.28 2.61 2.77 3.06 3.25
----------------------------------------------------------------------------------------------------------------
Next Prin Pay 01/15/01 01/15/01 01/15/01 01/15/01 01/15/01 01/15/01 01/15/01
----------------------------------------------------------------------------------------------------------------
Last Prin Pay 08/15/06 07/15/07 05/15/08 10/15/09 09/15/10 06/15/12 11/15/13
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>
