<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): FEBRUARY 15, 1994
MANUFACTURED HOUSING CONTRACT SENIOR/SUBORDINATE
------------------------------------------------
PASS-THROUGH CERTIFICATE TRUST 1993-1
-------------------------------------
(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
-----------------------------------------------------------------------------
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (612) 293-3400
---------------
NOT APPLICABLE
--------------------------------------------------------------------------
(Former name or former address, if changed since last report.)
1
<PAGE>
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 February 15, 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.
Exhibit No. Description
----------- -----------
99.1 Monthly Report delivered to
Certificateholders on February 15, 1994.
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: February 15, 1994
MANUFACTURED HOUSING CONTRACT
SENIOR/SUBORDINATE PASS-THROUGH
CERTIFICATE TRUST 1993-1
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
EXHIBIT
NUMBER PAGE
- ------ ----
99.1 Monthly Report delivered to Certificateholders 5
on February 15, 1994.
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 March 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 January 3, 1994 to January 31,
1994 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 10 day of
February, 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 4.90%, 6.10%, 6.90%
PASS-THROUGH CERTIFICATES, SERIES 1993-1
CLASS A1, A2, A3 CERTIFICATES
MONTHLY REPORT
January, 1994
<TABLE>
<CAPTION>
TRUST ACCOUNT #3331202-0
CUSIP#'S 393505-AV4, AW2, AX0
REMITTANCE DATE: 2/15/94
Total $Per $1,000
Amount Original
-------------- ------------
A. Interest
<S> <C> <C> <C>
(1) Aggregate Interest
a. Class A-1 Interest 263,442.93 3.25238185
b. Class A-2 Interest 325,333.34 5.08333344
c. Class A-3 Interest 433,277.23 5.75000003
(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 2,159,671.40 N/A
a. Scheduled Principal 603,450.31 N/A
b. Principal Prepayments 1,344,842.75 N/A
c. Liquidated Contracts 211,378.34 N/A
d. Repurchases 0.00 N/A
(5) Pool Scheduled Principal
Balance 231,757,601.86 925.54717049
(5a) Pool Factor .92554717
(6) Class A Schedule Principal
Deficiency Amount (if any)
following prior Remittance date .00 .00
(7) Class A principal distribution:
a. Class A-1 2,159,671.40 26.66260988
b. Class A-2 .00 .00
c. Class A-3 .00 .00
(8) Class A-1 Principal Balance 62,356,964.00 769.83906173
(8a) Class A-1 Pool Factor .76983906
(9) Class A-2 Principal Balance 64,000,000.00 1000.0000000
(9a) Class A-2 Pool Factor 1.00000000
(10) Class A-3 Principal Balance 75,352,561.32 1000.0000000
(10a) Class A-3 Pool Factor 1.00000000
(11) Class A Scheduled Principal
Deficiency Amount (if any)
following current Remittance Date .00 .00
</TABLE>
<PAGE>
GREEN TREE FINANCIAL CORPORATION
MANUFACTURED HOUSING CONTRACT SENIOR/SUBORDINATE 4.90%, 6.10%, 6.90%
PASS-THROUGH CERTIFICATES, SERIES 1993-1
CLASS A1, A2, A3 CERTIFICATES
MONTHLY REPORT
January, 1994
Page 2
<TABLE>
<CAPTION>
TRUST ACCOUNT #3331201-0
CUSIP#'S 393505-AV4, AW2, AX0
REMITTANCE DATE: 2/15/94
C. Aggregate Scheduled Balances and Number of Delinquent
Contracts as of Determination Date
<S> <C> <C>
(12) 31-59 days 2,216,482.34 97
(13) 60 days or more 955,333.13 42
(14) Current Month Repossessions 179,485.76 8
(15) Repossession Inventory 811,281.24 36
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
GREEN TREE FINANCIAL CORPORATION
MANUFACTURED HOUSING CONTRACT SENIOR/SUBORDINATE 8.45%
PASS-THROUGH CERTIFICATES, SERIES 1993-1
CLASS B AND C CERTIFICATES
MONTHLY REPORT
January, 1994
CUSIP NO. #393505AV6
REMITTANCE DATE: 2/15/94
Total $ Per $1,000
Amount Original
------------ ----------
<S> <C> <C>
(1) Amount Available 4,052,489.23
(2) Remaining Amount Available 870,764.33
(2a) Monthly Servicing Fee 194,931.06
(3) Aggregate Class B Interest 211,588.54 7.04166670
(4) Amount applied to Unpaid
Class B Interest Shortfall .00 .00
(5) Remaining Unpaid Class B
Interest Shortfall .00 .00
(6) Aggregate Principal (Until Class A-1,
Class A-2 and Class A-3 principal balances
reach zero, Aggregate principal equals
Class B Principal Liquidation Loss Amount) .00 .00
(7) Class B Principal
Liquidation Loss Amount .00 .00
(8) Amount, if any, by which the Class B Formula
Distribution for such Remittance Date exceeds
the Remaining Amount available for such
Remittance Date
(9) Guarantee Payment
(10) Class B Principal Balance 30,048,076.54
(10a) Class B Pool Factor 1.00000000
(11) 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) 194,931.06
(12) 3% Guaranty Fee 579,394.00
(13) Class C Residual Payment 79,781.80
(14) Repossessed Contracts 179,485.76
(15) Repossessed Contracts Remaining in Inventory 811,281.24
</TABLE>
<PAGE>
GTFC
93-1
January, 1994
Defaulted Contracts
<TABLE>
<CAPTION>
Estimated
Repurchase Loss at
Account# Principal Interest Amount Sale Date
- ----------- ----------- --------- ----------- -----------
<S> <C> <C> <C> <C>
24307395 21,235.44 120.86 21,356.30 14,759.30
34304217 10,724.60 61.04 10,785.64 .00
35308864 27,419.73 156.06 27,575.79 6,710.07
37310713 34,160.11 194.42 34,354.53 11,774.69
37310900 14,968.22 85.19 15,053.41 731.85
52303866 20,175.10 114.82 20,289.92 5,655.07
72304915 3,088.13 17.57 3,105.70 2,547.59
75315139 13,053.46 74.29 13,127.75 5,343.40
83311438 21,214.37 120.74 21,355.11 (1,864.37)
95315211 23,395.52 133.15 23,528.67 9,804.87
95315524 21,943.66 124.89 22,068.55 7,748.22
----------- --------- ----------- ----------
TOTALS $211,378.34 $1,203.03 $212,581.37 $63,210.69
=========== ========= =========== ==========
</TABLE>
