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Previous: FORD CREDIT AUTO LOAN MASTER TRUST, 8-K, 2000-12-14 |
Next: MORGAN STANLEY DEAN WITTER DIVERSIFIED INCOME TRUST, 24F-2NT, 2000-12-14 |
Exhibit 19
<TABLE>
<CAPTION>
<S> <C>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 12/14/00 11:32 AM
Investor Reporting System v2.7 Monthly Statement 11/00 Activity
----------------------------------------------------------------------------
Principal Receivables FCARC Investor
------------------- -------------------
Beginning Principal Receivables $5,415,840,786.94 $2,510,000,000.00
Current Floating Allocation Pct. 68.33143552% 31.66856448%
Total Adj. Principal Collections $2,003,453,760.25 $928,511,220.33
Principal Default Amounts $0.00 $0.00
As a Percentage of Collections 0.00000000% 0.00000000%
Monthly Principal Amortized $0.00
Ending Principal Receivables $4,674,701,137.78 $2,510,000,000.00
New Floating Allocation Pct. 65.06465681% 34.93534319%
Interest Collections FCARC Investor
------------------- -------------------
Total Interest Collections $49,309,910.77 $22,852,938.43
-------------------------------------------------------------------------------
Early Amortization Triggered? Yes No
--- --
1. Breach of covenants or agreements made in the x
PSA and uncured for 45 days
2. Breach of any representation or warranty made x
in the PSA and uncured for 60 days
3. Bankruptcy, insolvency or receivership of FMCC, x
FCARC, or Ford
4. FCARC is an investment company within the x
meaning of the ICA of 1940
5. Failure of FCARC to convey Receivables pursuant x
to the PSA
6. Available Subordinated Amount has been reduced x
to less than the Required Subordinated Amount
7. Servicer Default has occurred x
8. Average monthly payment rate for past three x
periods is less than 20%
9. Used vehicle percentage exceeds 10% for two x
collection periods
10. Interest rate swap is terminated in accordance x
with its terms
11. Outstanding principal amount of the certificates x
is not repaid by the expected payment date
<PAGE>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 12/14/00 11:32 AM
Investor Reporting System v2.7 Monthly Statement 11/00 Activity
----------------------------------------------------------------------------
Principal Receivables Trust Total
-------------------
Beginning Principal Receivables $7,925,840,786.94
Current Floating Allocation Percentage 100.00000000%
Total Adjusted Principal Collections $2,931,964,980.58
Payment Rate 36.99%
Principal Collections $2,602,554,681.79
Principal Collection Adjustments $329,387,798.79
Principal Collections for Status Dealer Accounts $22,500.00
Principal Default Amounts $0.00
As a Percentage of Collections 0.00000000%
Aggregate New Principal Receivables $2,190,825,331.42
Ending Principal Receivables $7,184,701,137.78
New Floating Allocation Percentage 100.00000000%
Interest Collections Trust Total
-------------------
Total Interest Collections $72,162,849.20
Interest Collections $72,162,849.20
Interest Collections for Status Dealer Accounts $0.00
Recoveries on Receivables Written Off $0.00
Monthly Yield 10.93%
Used Vehicle Principal Receivables Balance $142,694,134.76
1.99%
Status Dealer Accounts Trust Total
-------------------
Beginning Balance $351,313.59
Principal Collections $22,500.00
Principal Write Offs $0.00
Interest Collections $0.00
Ending Balance $328,813.59
Subordination and Participation Trust Total
-------------------
Incremental Subordinated Amount $0.00
Overconcentration Amount $0.00
Installment Amount $0.00
Other Ineligible Amounts $0.00
Available Subordinated Amount $278,888,888.89
Required Subordinated Amount $278,888,888.89
Required Participation 4.00% $100,400,000.00
Required Participation and Subordinated Amount $379,288,888.89
<PAGE>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 12/14/00 11:32 AM
Investor Reporting System v2.7 Monthly Statement 11/00 Activity
----------------------------------------------------------------------------
Current Participation Amount $4,674,701,137.78
Current Participation Percentage 1232.49%
Current Participation Shortfall $0.00
Available Seller Collections $2,052,763,671.02
Subordinated Draw Amount $0.00
Reserve Fund Deposit $0.00
Available Seller Collections to FCARC $2,052,763,671.02
<PAGE>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 12/14/00 11:32 AM
Investor Reporting System v2.7 Monthly Statement 11/00 Activity
----------------------------------------------------------------------------
Series Allocations 1996-1
-------------------
Certificates $800,000,000.00
Current Floating Allocation Percentage 10.09356637%
Total Adjusted Principal collections $295,939,831.18
Principal Default Amounts $0.00
Total Interest Collections $7,283,805.08
Source and Use of Funds 1996-1
-------------------
Investor Interest Funding Account Balance $7,283,805.08
Investment and Net Swap Proceeds ($750,000.00)
Reserve Fund Balance $2,800,000.00
Total Investor Collections and Reserve Fund $9,333,805.08
Certificates Outstanding $800,000,000.00
Certificate Rate 5.5000%
Days in Interest Period 30
Current Interest Due $3,666,666.67
Net Trust Swap Receipts not req. to be paid $0.00
Prior months Swap Receipts payable this month $0.00
Current Interest Paid $3,666,666.67
Current Interest Shortfall $0.00
Additional Interest Due $0.00
Additional Interest Paid $0.00
Additional Interest Shortfall $0.00
Deferred Interest Due $0.00
Deferred Interest Paid $0.00
Deferred Interest Shortfall $0.00
Servicing Fees Due FMCC 1.00% $666,666.67
Servicing Fees Paid $666,666.67
Servicing Fees Shortfall $0.00
Deferred Servicing Fees Due FMCC $0.00
Deferred Servicing Fees Paid $0.00
Deferred Servicing Fees Shortfall $0.00
Reserve Fund Required Amount $2,800,000.00
Reserve Fund Deposit (Draw) Amount $0.00
Current Investor Default Amount Due $0.00
Current Investor Default Amount Paid $0.00
Current Investor Default Amount Shortfall $0.00
Deferred Investor Default Amount Due $0.00
Deferred Investor Default Amount Paid $0.00
Deferred Investor Default Amount Shortfall $0.00
Asset Composition Premium $0.00
Excess Servicing (Deficiency) Amount $2,200,471.74
<PAGE>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 12/14/00 11:32 AM
Investor Reporting System v2.7 Monthly Statement 11/00 Activity
----------------------------------------------------------------------------
Subordination and Participation 1996-1
-------------------
Incremental Subordinated Amount $0.00
Available Subordinated Amount $88,888,888.89
Required Subordinated Amount $88,888,888.89
Required Participation 4.00% $32,000,000.00
Required Participation and Subordinated Amount $120,888,888.89
Subordinated Draw Amount $0.00
Reserve Fund Deposit $0.00
Reserve Fund Balance $2,800,000.00
Controlled Distribution Amount $0.00
Principal Funding Account Balance $0.00
Excess Funding Account Balance $0.00
Principal Payment Amont $0.00
Pool Factor 1.000000000000
Interest Funding Account Balance $14,666,666.68
Interest Payment Date? N
Cum. Net Trust Swap Receipts not req. to be paid $0.00
Interest Payment Amount Due $0.00
Interest Payment Amount Paid $0.00
Interest Payment Amount Shortfall $0.00
Distributions to Holders of Certificates 1996-1
(per $1,000 denomination certificate) -------------------
Total Amount Distributed $0.00000000
Total Amount Allocable to Principal $0.00000000
Total Amount Allocable to Interest $0.00000000
<PAGE>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 12/14/00 11:32 AM
Investor Reporting System v2.7 Monthly Statement 11/00 Activity
----------------------------------------------------------------------------
Series Allocations 1996-2
-------------------
Certificates $960,000,000.00
Current Floating Allocation Percentage 12.11227964%
Total Adjusted Principal collections $355,127,797.42
Principal Default Amounts $0.00
Total Interest Collections $8,740,566.09
Source and Use of Funds 1996-2
-------------------
Investor Interest Funding Account Balance $8,740,566.09
Investment and Net Swap Proceeds $0.00
Reserve Fund Balance $3,360,000.00
Total Investor Collections and Reserve Fund $12,100,566.09
Certificates Outstanding $960,000,000.00
Certificate Rate 6.8894%
Days in Interest Period 30
Current Interest Due $5,511,504.00
Net Trust Swap Receipts not req. to be paid $211,504.00
Prior months Swap Receipts payable this month $0.00
Current Interest Paid $5,300,000.00
Current Interest Shortfall $0.00
Additional Interest Due $0.00
Additional Interest Paid $0.00
Additional Interest Shortfall $0.00
Deferred Interest Due $0.00
Deferred Interest Paid $0.00
Deferred Interest Shortfall $0.00
Servicing Fees Due FMCC 1.00% $800,000.00
Servicing Fees Paid $800,000.00
Servicing Fees Shortfall $0.00
Deferred Servicing Fees Due FMCC $0.00
Deferred Servicing Fees Paid $0.00
Deferred Servicing Fees Shortfall $0.00
Reserve Fund Required Amount $3,360,000.00
Reserve Fund Deposit (Draw) Amount $0.00
Current Investor Default Amount Due $0.00
Current Investor Default Amount Paid $0.00
Current Investor Default Amount Shortfall $0.00
Deferred Investor Default Amount Due $0.00
Deferred Investor Default Amount Paid $0.00
Deferred Investor Default Amount Shortfall $0.00
Asset Composition Premium $0.00
Excess Servicing (Deficiency) Amount $2,640,566.09
<PAGE>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 12/14/00 11:32 AM
Investor Reporting System v2.7 Monthly Statement 11/00 Activity
----------------------------------------------------------------------------
Subordination and Participation 1996-2
-------------------
Incremental Subordinated Amount $0.00
Available Subordinated Amount $106,666,666.67
Required Subordinated Amount $106,666,666.67
Required Participation 4.00% $38,400,000.00
Required Participation and Subordinated Amount $145,066,666.67
Subordinated Draw Amount $0.00
Reserve Fund Deposit $0.00
Reserve Fund Balance $3,360,000.00
Controlled Distribution Amount $0.00
Principal Funding Account Balance $0.00
Excess Funding Account Balance $0.00
Principal Payment Amont $0.00
Pool Factor 1.000000000000
Interest Funding Account Balance $5,300,000.00
Interest Payment Date? N
Cum. Net Trust Swap Receipts not req. to be paid $211,504.00
Interest Payment Amount Due $0.00
Interest Payment Amount Paid $0.00
Interest Payment Amount Shortfall $0.00
Distributions to Holders of Certificates 1996-2
(per $1,000 denomination certificate) -------------------
Total Amount Distributed $0.00000000
Total Amount Allocable to Principal $0.00000000
Total Amount Allocable to Interest $0.00000000
<PAGE>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 12/14/00 11:32 AM
Investor Reporting System v2.7 Monthly Statement 11/00 Activity
----------------------------------------------------------------------------
Series Allocations 1997-1
-------------------
Certificates $750,000,000.00
Current Floating Allocation Percentage 9.46271847%
Total Adjusted Principal collections $277,443,591.73
Principal Default Amounts $0.00
Total Interest Collections $6,828,567.26
Source and Use of Funds 1997-1
-------------------
Investor Interest Funding Account Balance $6,828,567.26
Investment and Net Swap Proceeds $0.00
Reserve Fund Balance $2,625,000.00
Total Investor Collections and Reserve Fund $9,453,567.26
Certificates Outstanding $750,000,000.00
Certificate Rate 6.8881%
Days in Interest Period 30
Current Interest Due $4,305,081.25
Net Trust Swap Receipts not req. to be paid $164,456.25
Prior months Swap Receipts payable this month $0.00
Current Interest Paid $4,140,625.00
Current Interest Shortfall $0.00
Additional Interest Due $0.00
Additional Interest Paid $0.00
Additional Interest Shortfall $0.00
Deferred Interest Due $0.00
Deferred Interest Paid $0.00
Deferred Interest Shortfall $0.00
Servicing Fees Due FMCC 1.00% $625,000.00
Servicing Fees Paid $625,000.00
Servicing Fees Shortfall $0.00
Deferred Servicing Fees Due FMCC $0.00
Deferred Servicing Fees Paid $0.00
Deferred Servicing Fees Shortfall $0.00
Reserve Fund Required Amount $2,625,000.00
Reserve Fund Deposit (Draw) Amount $0.00
Current Investor Default Amount Due $0.00
Current Investor Default Amount Paid $0.00
Current Investor Default Amount Shortfall $0.00
Deferred Investor Default Amount Due $0.00
Deferred Investor Default Amount Paid $0.00
Deferred Investor Default Amount Shortfall $0.00
Asset Composition Premium $0.00
Excess Servicing (Deficiency) Amount $2,062,942.26
<PAGE>
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 12/14/00 11:32 AM
Investor Reporting System v2.7 Monthly Statement 11/00 Activity
----------------------------------------------------------------------------
Subordination and Participation 1997-1
-------------------
Incremental Subordinated Amount $0.00
Available Subordinated Amount $83,333,333.33
Required Subordinated Amount $83,333,333.33
Required Participation 4.00% $30,000,000.00
Required Participation and Subordinated Amount $113,333,333.33
Subordinated Draw Amount $0.00
Reserve Fund Deposit $0.00
Reserve Fund Balance $2,625,000.00
Controlled Distribution Amount $0.00
Principal Funding Account Balance $0.00
Excess Funding Account Balance $0.00
Principal Payment Amont $0.00
Pool Factor 1.000000000000
Interest Funding Account Balance $8,281,250.00
Interest Payment Date? N
Cum. Net Trust Swap Receipts not req. to be paid $328,912.50
Interest Payment Amount Due $0.00
Interest Payment Amount Paid $0.00
Interest Payment Amount Shortfall $0.00
Distributions to Holders of Certificates 1997-1
(per $1,000 denomination certificate) -------------------
Total Amount Distributed $0.00000000
Total Amount Allocable to Principal $0.00000000
Total Amount Allocable to Interest $0.00000000
</TABLE>
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