GREEN TREE FINANCIAL CORP
8-K, 1999-10-26
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): October 15, 1999

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

         Minnesota                  33-53527               41-1815020
- --------------------------------------------------------------------------------
(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.)
<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 October 15, 1999, 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
                                  October 15, 1999.
<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: October 15, 1999

                                       SECURITIZED 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
                                           Senior Vice President and Treasurer
<PAGE>

                                INDEX TO EXHIBITS

Exhibit
Number                                                                    Page
- ------                                                                    ----

 99.1       Monthly Report delivered to Certificateholders                 5
            on October 15, 1999.

<PAGE>

Green Tree Financial Corp.
Net Interest Margin Trust 1995-A
September, 1999
Payment: October 15, 1999

              7.25% SECURITIZED NET INTEREST MARGIN CERTIFICATES

                                             Cusip #                   393534AC6
                                             Trust Account #          33-34309-0
                                             Distribution Date: October 15, 1999

<TABLE>
<CAPTION>
                                                                                       Per $1,000
Securitized Net Interest Margin Certificates                                            Original
- --------------------------------------------                                            --------
<S>                                                                   <C>              <C>
1.            Amount Available                                          1,115,894.35

Interest

2.            Aggregate Interest                                          966,922.18    3.13935773


3.            Amount Applied to:
              (a)         accrued but unpaid Interest

4.            Remaining:
              (a)         accrued but unpaid Interest

5.            Monthly Interest                                            966,922.18

Principal

6.            Current month's principal distribution                      148,972.17    0.48367588

7.            Remaining outstanding principal balance                 159,893,320.10   519.1341562
              Pool Factor                                                 0.51913416

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                             413,956,840.50 **

9.            Aggregate amount on deposit in Reserve Fund               7,500,000.00

10.           Subordinated Certificateholder payment  (interest
              earnings on Reserve Fund, pursuant to Section 5.8)           29,179.45

11.           Aggregate principal balance of loans
              refinanced by Green Tree Financial                        4,702,656.89

12.           Weighted average CPR                                            12.90%

13.           Weighted average CDR                                             3.80%

14.           Annualized net loss percentage                                   2.15%

15.           Delinquency             30-59 day                                1.75%
                                      60-89 day                                0.60%
                                      90+ day                                  0.90%
                                      Total 30+                                3.25%
</TABLE>

First Trust N. A. Paying Agent/Bondholder Relations (612) 973-5800

**Represents present value of assets for NIM 94-A, 94-B, & 95-A, after
  cross-collateralization, as of 9/15/99.
<PAGE>

Green Tree Financial
Net Interest Margin Trust 1995-A
September, 1999
Payment: October 15, 1999




                                            Fee Assets
                          -----------------------------------------------------
                                Guarantee           Inside          Fee Asset
                                  Fees               Refi             Total
                          -----------------------------------------------------

GTFC 1994-5                       45,338.62        28,292.11         73,630.73
GTFC 1994-6                            0.00        42,395.48         42,395.48
GTFC 1994-7                            0.00        21,871.54         21,871.54
GTFC 1994-8                            0.00        50,972.05         50,972.05
GTFC 1995-1                            0.00        25,991.01         25,991.01
GTFC 1995-2                            0.00             0.00              0.00
GTFC 1995-3                            0.00        95,218.97         95,218.97
GTFC 1995-4                      146,843.63        14,041.63        160,885.26
GTFC 1995-5                            0.00             0.00              0.00
                          -----------------------------------------------------

                                 192,182.25       278,782.79        470,965.04

Total amount of Guarantee Fees and

     Inside Refinance Payments                                      470,965.04

Subordinated Servicing Fees                                         384,696.96

Payment on Finance 1 Note                                           855,662.00

Allocable to Interest (current)                                     697,734.44

Allocable to accrued but unpaid Interest                                  0.00

Accrued and unpaid Trustee Fees                                           0.00

Allocable to Principal                                              157,927.56

Finance 1 Note Principal Balance                                115,329,151.70
<PAGE>

Green Tree Financial
Net Interest Margin Trust 1995-A
September, 1999
Payment: October 15, 1999





                                                 Inside
                               Residual           Refi           Total
                          ----------------------------------------------

GTFC 1994-5                         0.00             0.00          0.00
GTFC 1994-6                         0.00             0.00          0.00
GTFC 1994-7                         0.00             0.00          0.00
GTFC 1994-8                         0.00             0.00          0.00
GTFC 1995-1                         0.00             0.00          0.00
GTFC 1995-2                    67,284.41        39,513.87    106,798.28
GTFC 1995-3                         0.00             0.00          0.00
GTFC 1995-4                         0.00             0.00          0.00
GTFC 1995-5                    81,887.81        71,546.26    153,434.07
                          ----------------------------------------------

                              149,172.22       111,060.13    260,232.35

                          Total Residual and Inside

                              Refinance Payments             260,232.35


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