GREEN TREE FINANCIAL CORP
8-K, 1995-08-17
ASSET-BACKED SECURITIES
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<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): AUGUST 15, 1995


            GREEN TREE SECURITIZED NET INTEREST MARGIN TRUST 1995-A
            -------------------------------------------------------
            (Exact name of registrant as specified in its charter)



        MINNESOTA                      33-60869             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 August 15, 1995, 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 1.01 of the
          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 August 15, 1995.


                                       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:  August 15, 1995


                                 SECUTIZED NET INTEREST MARGIN
                                 TRUST 1995-A

                                 By  GREEN TREE FINANCIAL CORPORATION
                                     as Servicer with respect to the Trust

 
                                 By: /s/ Phyllis A. Knight
                                     ----------------------------------
                                     Phyllis A. Knight
                                     Assistant Vice President and
                                       Assistant Controller


                                       3
<PAGE>
 

                               INDEX TO EXHIBITS



EXHIBIT
NUMBER                                                           PAGE
------                                                           ----

  99.1    Monthly Report delivered to Certificateholders         
          on August 15, 1995.                                      5


                                       4

<PAGE>
 

                          GREEN TREE FINANCIAL CORP.
                       NET INTEREST MARGIN TRUST 1995-A
                              JUNE AND JULY, 1995
                            PAYMENT AUGUST 15, 1995
              7.25% SECURITIZED NET INTEREST MARGIN CERTIFICATES
 

                                       CUSIP#             393534AC6
                                       Trust Account #    33-34309-0
                                       Distribution Date: August 15, 1995


<TABLE> 
<CAPTION>  
SECURITIZED NET INTEREST MARGIN
-------------------------------                                PER $1,000
CERTIFICATES                                                    ORIGINAL
------------                                                   ----------  
<S>                                        <C>                <C> 
 1.  Amount Available                       13,444,819.31
 
Interest
 
 2.  Aggregate Interest
     -   54 days to Green Tree               3,349,500.00      10.87500000
     -   6 days to certificate holders         372,166.67       1.20833334
 
 3.  Amount Applied to:
     (a) accrued but unpaid Interest
 
 4.  Remaining:
     (a) accrued but unpaid Interest
 
 5.  Monthly Interest                        3,721,666.67
 
Principal
 
 6.  Current month's principal
     distribution                            9,723,152.64      31.56867740
 
 7.  Remaining outstanding principal
     balance                               298,276,847.36      968.4313226
     Pool Factor                                .96843132
 
 8.  Present value of the projected
     remaining aggregate cashflows of
     the Finance I Assets and the
     Residual Assets, as of the immediately
     preceding Distribution Date           400,602,619.00
 
 9.  Aggregate amount on deposit
     in reserve fund                         7,500,000.00
 
10.  Aggregate principal balance of
     loans refinanced by Green Tree
     Financial                                        .00
 
11.  Weighted average CPR                            9.70%
 
12.  Weighted average CDR                            0.76%
 
13.  Annualized net loss percentage                  0.20%
 
14.  Delinquency    30-59 day                        0.79%
                    60-89 day                        0.24%
                    90+ day                          0.21%
                    Total 30+                        1.24%
</TABLE> 
<PAGE>
 

                          GREEN TREE FINANCIAL CORP.
                           NET INTEREST MARGIN TRUST
                              JUNE AND JULY 1995
                            PAYMENT AUGUST 15, 1995

<TABLE> 
<CAPTION>  
                                                    Fee Assets
                                    -----------------------------------------

                                      Guarantee      Inside       Fee Asset
                                        Fees          Refi          Total
                                    -------------    ------     -------------
<S>                                 <C>              <C>        <C>    
GTFC 1994-5                          1,425,567.21       .00      1,425,567.21
GTFC 1994-6                          1,818,947.28       .00      1,818,947.28
GTFC 1994-7                          1,156,924.04       .00      1,156,924.04
GTFC 1994-8                          1,764,955.95       .00      1,764,955.95
GTFC 1995-1                          1,490,769.27       .00      1,490,769.27
GTFC 1995-2                                   .00       .00               .00
GTFC 1995-3                          2,492,802.21       .00      2,492,802.21
GTFC 1995-4                          1,285,922.68       .00      1,285,922.68
GTFC 1995-5                                   .00       .00               .00
                                    -------------    ------     -------------
                                                            
                                    11,435,888.64       .00     11,435,888.64
 
Total amount of Guarantee Fees and Inside
  Refinance Payments                                            11,435,888.64
 
Payment on Finance 1 Note                                       11,435,888.64
 
Allocable to Interest (current)                                  2,748,958.33
 
Allocable to accrued but unpaid Interest                                  .00
                                                       
Accrued and unpaid Trustee Fees                                           .00
 
Allocable to Principal                                           8,686,930.31
 
Finance 1 Note Principal Balance                               218,813,069.69
</TABLE>
<PAGE>
 

                          GREEN TREE FINANCIAL CORP.
                           NET INTEREST MARGIN TRUST
                              JUNE AND JULY 1995
                            PAYMENT AUGUST 15, 1995


<TABLE>
<CAPTION>
                                        Inside
                            Residual     Refi      Total
                          ------------  ------  ------------
<S>                       <C>           <C>     <C>
GTFC 1994-5                        .00     .00           .00
GTFC 1994-6                        .00     .00           .00
GTFC 1994-7                        .00     .00           .00
GTFC 1994-8                        .00     .00           .00
GTFC 1995-1                        .00     .00           .00
GTFC 1995-2               1,596,598.33     .00  1,596,598.33
GTFC 1995-3                 284,081.75     .00    284,081.75
GTFC 1995-4                 128,250.59     .00    128,250.59
GTFC 1995-5                        .00     .00           .00
                          ------------     ---  ------------
                 
                          2,008,930.67     .00  2,008,930.67
 
Total Residual and Inside Refinance Payments    2,008,930.67
</TABLE>


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