<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): JANUARY 18, 1994
MANUFACTURED HOUSING CONTRACT SENIOR/SUBORDINATE
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PASS-THROUGH CERTIFICATE TRUST 1993-2
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(Exact name of registrant as specified in its charter)
MINNESOTA 33-50236 AND 33-55158 APPLIED FOR
- --------------------------------------------------------------------------------
(State or other jurisdiction (Commission (IRS employer
of incorporation) file numbers) identification no.)
1100 LANDMARK TOWERS, 345 ST. PETER STREET, SAINT PAUL, MINNESOTA 55102-1639
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (612) 293-3400
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NOT APPLICABLE
- --------------------------------------------------------------------------------
(Former name or former address, if changed since last report.)
1
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ITEM 5. OTHER EVENTS.
------------
Pursuant to the Pooling and Servicing Agreement between Green
Tree Financial Corporation (the "Servicer") and First Bank
National Association (the "Trustee"), on January 18, 1994, the
Trustee made distributions to the holders of the certificates
representing interests in the Trust (the "Certificateholders")
and delivered to the Certificateholders the Monthly Report
required by Section 6.05 of the Pooling and Servicing Agreement
attached hereto as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
---------------------------------
(c) Exhibits.
The following is filed herewith. The exhibit number
corresponds with Item 601(b) of Regulation S-K.
<TABLE>
<CAPTION>
Exhibit No. Description
----------- -----------
<C> <S>
99.1 Monthly Report delivered to
Certificateholders on January 18, 1994.
</TABLE>
2
<PAGE>
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: January 18, 1994
MANUFACTURED HOUSING CONTRACT
SENIOR/SUBORDINATE PASS-THROUGH
CERTIFICATE TRUST 1993-2
By GREEN TREE FINANCIAL CORPORATION
as Servicer with respect to the Trust
By: /s/Robley D. Evans
----------------------------------
ROBLEY D. EVANS
Vice President and Controller
3
<PAGE>
INDEX TO EXHIBITS
<TABLE>
<CAPTION>
EXHIBIT
NUMBER PAGE
------ ----
<C> <S> <C>
99.1 Monthly Report delivered to Certificateholders 5
on January 18, 1994.
</TABLE>
4
<PAGE>
GREEN TREE FINANCIAL CORP.
CERTIFICATE OF SERVICING OFFICER
The undersigned certifies that he is a vice president and controller of Green
Tree Financial Corp., a Minnesota corporation (the "Company"), and that as such
he is duly authorized to execute and deliver this certificate on behalf of the
Company pursuant to Section 6.02 of the Pooling and Servicing Agreement (the
"Agreement") dated as of June 1, 1993 between the Company and First Bank
National Association, as Trustee (all capitalized terms used herein without
definition having the respective meanings specified in the Agreement), and
further certifies that:
1. The Monthly Report for the period from December 01, 1993 to December 30,
1993 attached to this certificate is complete and accurate in accordance
with the requirements of Sections 6.01 and 6.02 of the Agreement; and
2. As of the date hereof, no Event of Termination or event that with notice or
lapse of time or both would become an Event of Termination has occurred.
IN WITNESS WHEREOF, I have affixed hereunto my signature this 12 day of January,
1994.
GREEN TREE FINANCIAL CORP.
BY: /s/Robley D. Evans
-----------------------------
Robley D. Evans
Vice President and Controller
<PAGE>
GREEN TREE FINANCIAL CORPORATION
MANUFACTURED HOUSING CONTRACT SENIOR/SUBORDINATE 3.75%, 6.10%, 6.55%, 6.90%
PASS-THROUGH CERTIFICATES, SERIES 1993-2
CLASS A1, A2, A3, A4 CERTIFICATES
MONTHLY REPORT
December, 1993
TRUST ACCOUNT #3331354-0
CUSIP#'S 393505-AY8, AZ5, BA9, BB7
REMITTANCE DATE: 1/18/94
<TABLE>
<CAPTION>
Total$ Per $1,000
Amount Original
--------------- ------------
A. Interest
<C> <S> <C> <C>
(1) Aggregate Interest
a. Class A-1 Interest 417,263.38 2.85523046
b. Class A-2 Interest 552,965.00 5.08333333
c. Class A-3 Interest 277,610.84 5.45833346
d. Class A-4 Interest 457,038.75 5.75000000
(2) Amount applied to:
a. Unpaid Class A Interest
Shortfall .00 .00
(3) Remaining:
a. Unpaid Class A Interest
Shortfall .00 .00
B. Principal
(4) Formula Principal Distribution 2,845,586.01 N/A
a. Scheduled Principal 1,099,170.28 N/A
b. Principal Prepayments 1,563,243.13 N/A
c. Liquidated Contracts 183,172.60 N/A
d. Repurchases .00 N/A
(5) Pool Scheduled Principal
Balance 432,952,311.05, 960.82971884
(5a) Pool Factor .96082972
(6) Class A Schedule Principal
Deficiency Amount (if any)
following prior Remittance date .00 .00
(7) Class A principal distribution:
a. Class A-1 2,845,586.01 19.47164370
b. Class A-2 .00 .00
c. Class A-3 .00 .00
d. Class A-4 .00 .00
(8) Class A-1 Principal Balance 128,489,771.85 879.22383913
(8a) Class A-1 Pool Factor .87922384
(9) Class A-2 Principal Balance 108,780,000.00 1000.0000000
(9a) Class A-2 Pool Factor 1.00000000
(10) Class A-3 Principal Balance 50,860,000.00 1000.0000000
(10a) Class A-3 Pool Factor 1.00000000
</TABLE>
<PAGE>
GREEN TREE FINANCIAL CORPORATION
MANUFACTURED HOUSING CONTRACT SENIOR/SUBORDINATE 3.75%, 6.10%, 6.55%, 6.90%
PASS-THROUGH CERTIFICATES, SERIES 1993-2
CLASS A1, A2, A3, A4 CERTIFICATES
MONTHLY REPORT
December, 1993
Page 2
TRUST ACCOUNT #3331354-0
CUSIP#'S 393505-AY8, AZ5, BA9, BB7
REMITTANCE DATE: 1/18/94
<TABLE>
<C> <S> <C> <C>
(11) Class A-4 Principal Balance 79,485,000.00 1000.0000000
(11a) Class A-4 Pool Factor 1.00000000
(12) Class A Scheduled Principal
Deficiency Amount (if any)
following current Remittance Date .00 .00
C. Aggregate Scheduled Balances and Number of Delinquent
Contracts as of Determination Date
(13) 31-59 days 2,491,346.86 113
(14) 60 days or more 1,624,376.32 69
(15) Current Month Repossessions 361,279.89 18
(16) Repossession Inventory 896,197.93 41
D. Class A-1 Remittance Rate for the Current Remittance Date
(17) Class A-1 Remittance Rate for the Current Remittance
Rate 3.8125%
E. Class A-1 Remittance Rate for the Following Remittance Date
(18) LIBOR (as of 12/13/93) 3.125%
(19) Reference Bank Rate
(if LIBOR is not available) N/A
(20) Class A-1 Remittance Rate for the following
Remittance Date
(line 18 or 19, whichever is applicable,
plus .50%) 3.625%
</TABLE>
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GREEN TREE FINANCIAL CORPORATION
MANUFACTURED HOUSING CONTRACT SENIOR/SUBORDINATE 8.00%
PASS-THROUGH CERTIFICATES, SERIES 1993-2
CLASS B AND C CERTIFICATES
MONTHLY REPORT
December, 1993
CUSIP NO. #383505BC5
REMITTANCE DATE: 1/18/94
<TABLE>
<CAPTION>
Total $ Per $1,000
Amount Original
------------ -------------
<C> <S> <C> <C>
(1) Amount Available 6,243,475.99
(2) Remaining Amount Available 1,693,012.01
(2a) Monthly Servicing Fee 363,164.91
(3) Weighted Average Contract Rate 10.64929%
(4) Class B Remittance Rate (lesser
of line 3 or 8.00%) 8.00% .00
(5) Aggregate Class B Interest 435,583.60 6.66666675
(6) Amount applied to Unpaid Class
B Interest Shortfall .00 .00
(7) Remaining unpaid Class B
Interest Shortfall .00 .00
(8) Aggregate Principal (Until Class A-1,
Class A-2, Class A-3 and Class A-4
principal balances reach zero, Aggregate
principal equals Class B Principal
Liquidation Amount) .00 .00
(9) Class B Principal
Liquidation Loss Amount .00 .00
(10) Amount, if any, by which the Class B Formula
Distribution for such Remittance Date exceeds
the Remaining Amount available for such
Remittance Date
(11) Guarantee Payment
(12) Class B Principal Balance 65,337,539.20
(12a) Class B Pool Factor 1.00000000
(13) Monthly Servicing Fee (deducted from
Certificate Account balance to arrive at
Amount Available if the Company is not
the Servicer; deducted from funds remaining
after payment of Class A Distribution
Amount and Class B Distribution Amount
Amount; if the Company is the Servicer) 363,164.91
</TABLE>
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GREEN TREE FINANCIAL CORPORATION
MANUFACTURED HOUSING CONTRACT SENIOR/SUBORDINATE 8.00%
PASS-THROUGH CERTIFICATES, SERIES 1993-2
CLASS B AND C CERTIFICATES
MONTHLY REPORT
December, 1993
Page 2
CUSIP NO. #383505BC5
REMITTANCE DATE: 1/18/94
<TABLE>
<C> <S> <C>
(14) 3% Guaranty Fee 1,082,380.78
(15) Class C Residual Payment 175,047.63
(16) Repossessed Contracts 361,279.89
(17) Repossessed Contracts Remaining in Inventory 896,197.93
(18) Weighted Average Contract Rate 10.64929
</TABLE>
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GTFC
93-2
DECEMBER, 1993
Defaulted Contracts
<TABLE>
<CAPTION>
Estimated
Repurchase Loss at
Account# Principal Interest Amount Sale Date
- -------- ----------- --------- ----------- ----------
<S> <C> <C> <C> <C>
12307802 16,826.08 94.78 16,920.86 13,662.20
23311644 23,477.63 132.25 23,609.88 14,169.80
28311766 11,635.81 65.54 11,701.35 5,072.94
37310939 23,099.55 130.12 23,229.67 5,942.84
37310985 12,997.88 73.22 13,071.10 3,104.54
76309662 19,802.91 111.55 19,914.46 573.29
83311733 30,598.82 172.37 30,771.19 3,601.67
83312190 23,688.88 133.44 23,822.32 4,207.97
87314162 13,976.52 78.73 14,055.25 .00
90314671 7,068.52 39.81 7,108.33 1,654.46
----------- --------- ----------- ----------
TOTALS $183,172.60 $1,031.81 $184,204.41 $51,989.71
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</TABLE>
