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Previous: MONEY STORE COMMERCIAL MORTGAGE INC, 8-K, 2001-01-08 |
Next: VANGUARD HORIZON FUND INC, 485APOS, 2001-01-08 |
<PAGE>
SERVICER'S CERTIFICATE
IN ACCORDANCE WITH SECTION 6.09 OF THE POOLING AND SERVICING AGREEMENT DATED AS
OF FEBRUARY 28, 1999, THE MONEY STORE INVESTMENT CORPORATION REPORTS THE
FOLLOWING INFORMATION PERTAINING TO SERIES 1999-1 FOR THE SEPTEMBER 12, 2000
DETERMINATION DATE
1. AVAILABLE FUNDS $14,938,975.82
2. (A) AGGREGATE CLASS A CERTIFICATE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 83,561,657.52
(B) AGGREGATE CLASS M CERTIFICATE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 2,566,623.86
(C) AGGREGATE CLASS B CERTIFICATE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 3,724,038.19
(D) AGGREGATE POOL PRINCIPAL BALANCE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 89,852,319.57
3. PRINCIPAL PREPAYMENTS RECEIVED DURING THE DUE PERIOD
(A) NUMBER OF ACCOUNTS 7
(B) PRINCIPAL BALANCES 934,117.76
4. PRODUCT OF THE UNGUARANTEED PERCENTAGE MULTIPLIED
BY ALL CURTAILMENTS RECEIVED DURING THE DUE PERIOD 5,759.75
5. PRODUCT OF THE UNGUARANTEED PERCENTAGE MULTIPLIED
BY ALL EXCESS AND MONTHLY PAYMENTS IN RESPECT OF
PRINCIPAL RECEIVED DURING THE DUE PERIOD 235,101.28
5A. RECOVERIES ON LIQUIDATED LOANS 0.00
6. AGGREGATE AMOUNT OF INTEREST RECEIVED ON THE
UNGUARANTEED INTEREST OF EACH SBA LOAN NET OF THE
FTA'S FEE, THE ADDITIONAL FEE AND THE SERVICING FEE
ATTRIBUTABLE TO THE UNGUARANTEED INTEREST 959,629.17
7. (A) AMOUNT OF MONTHLY ADVANCE 0.00
(B) AMOUNT OF COMPENSATING INTEREST PAYMENT 3,855.49
8. DELINQUENCY AND FORECLOSURE INFORMATION
(SEE EXHIBIT K)
Page 1 of 7
<PAGE>
<TABLE>
<S> <C> <C>
9. PRODUCT OF THE UNGUARANTEED PERCENTAGE MULTIPLIED BY
REALIZED LOSSES ON A LIQUIDATED SBA LOAN 197,256.80
10. (A) CLASS A INTEREST DISTRIBUTION AMOUNT:
(i) ACCRUED INTEREST 508,333.50
(ii) SHORTFALL, IF ANY, ON A PRECEDING
REMITTANCE DATE PLUS INTEREST 0.00
(iii) CLASS A INTEREST DISTRIBUTION AMOUNT ADJUSTMENT (8,477.65)
ADJUSTED CLASS A INTEREST DISTRIBUTION AMOUNT 499,855.85
5.31693667
(B) CLASS M INTEREST DISTRIBUTION AMOUNT:
(i) ACCRUED INTEREST 16,725.90
(ii) SHORTFALL, IF ANY, ON A PRECEDING
REMITTANCE DATE PLUS INTEREST 0.00
(iii) CLASS M INTEREST DISTRIBUTION AMOUNT ADJUSTMENT (279.01)
ADJUSTED CLASS M INTEREST DISTRIBUTION AMOUNT 16,446.89
5.69490651
(C) CLASS B INTEREST DISTRIBUTION AMOUNT:
(i) ACCRUED INTEREST 27,309.60
(ii) SHORTFALL, IF ANY, ON A PRECEDING
REMITTANCE DATE PLUS INTEREST 0.00
(iii) CLASS B INTEREST DISTRIBUTION AMOUNT ADJUSTMENT (455.44)
ADJUSTED CLASS B INTEREST DISTRIBUTION AMOUNT 26,854.16
6.41025941
(D) CLASS A PRINCIPAL DISTRIBUTION AMOUNT:
(i) UNGUARANTEED PERCENTAGE OF PAYMENTS
AND OTHER RECOVERIES OF PRINCIPAL 1,092,730.27
(ii) PRINCIPAL PORTION OF THE UNGUARANTEED
INTEREST PURCHASED FOR BREACH OF
WARRANTY AND RECEIVED BY THE TRUSTEE 0.00
(iii) SUBSTITUTION ADJUSTMENTS 0.00
(iv) UNGUARANTEED PERCENTAGE OF
LOSSES THAT WERE LIQUIDATED 183,448.83
(v) UNGUARANTEED PERCENTAGE OF SBA LOAN
DELINQUENT 24 MONTHS OR UNCOLLECTIBLE 0.00
(vi) AMOUNT RELEASED FROM PRE-FUNDING ACCOUNT 0.00
(vii) RECALCULATED PRINCIPAL ADJUSTMENT 0.00
TOTAL CLASS A PRINCIPAL DISTRIBUTION AMOUNT 1,276,179.10
13.57464047
(E) CLASS M PRINCIPAL DISTRIBUTION AMOUNT:
(i) UNGUARANTEED PERCENTAGE OF PAYMENTS
AND OTHER RECOVERIES OF PRINCIPAL 33,604.40
(ii) PRINCIPAL PORTION OF THE UNGUARANTEED
INTEREST PURCHASED FOR BREACH OF
WARRANTY AND RECEIVED BY THE TRUSTEE 0.00
(iii) SUBSTITUTION ADJUSTMENTS 0.00
(iv) UNGUARANTEED PERCENTAGE OF
LOSSES THAT WERE LIQUIDATED 5,641.54
(v) UNGUARANTEED PERCENTAGE OF SBA LOAN
DELINQUENT 24 MONTHS OR UNCOLLECTIBLE 0.00
(vi) AMOUNT RELEASED FROM PRE-FUNDING ACCOUNT 0.00
(vii) RECALCULATED PRINCIPAL ADJUSTMENT 0.00
TOTAL CLASS M PRINCIPAL DISTRIBUTION AMOUNT 39,245.94
13.58931440
</TABLE>
Page 2 of 7
<PAGE>
<TABLE>
<S> <C> <C>
(F) CLASS B PRINCIPAL DISTRIBUTION AMOUNT:
(i) UNGUARANTEED PERCENTAGE OF PAYMENTS
AND OTHER RECOVERIES OF PRINCIPAL 48,644.12
(ii) PRINCIPAL PORTION OF THE UNGUARANTEED
INTEREST PURCHASED FOR BREACH OF
WARRANTY AND RECEIVED BY THE TRUSTEE 0.00
(iii) SUBSTITUTION ADJUSTMENTS 0.00
(iv) UNGUARANTEED PERCENTAGE OF
LOSSES THAT WERE LIQUIDATED 8,166.43
(v) UNGUARANTEED PERCENTAGE OF SBA LOAN
DELINQUENT 24 MONTHS OR UNCOLLECTIBLE 0.00
(vi) AMOUNT RELEASED FROM PRE-FUNDING ACCOUNT 0.00
(vii) RECALCULATED PRINCIPAL ADJUSTMENT 0.00
TOTAL CLASS B PRINCIPAL DISTRIBUTION AMOUNT 56,810.55
13.56104092
11. (A) AMOUNT AVAILABLE IN THE SPREAD ACCOUNT IN CASH
AND FROM LIQUIDATION OF PERMITTED INSTRUMENTS 4,956,433.08
(B) AMOUNT TO BE TRANSFERRED FROM SPREAD ACCOUNT
TO CERTIFICATE ACCOUNT PURSUANT TO SECTION 6.02(b)(i) 0.00
(C) AMOUNT OF LETTER OF CREDIT PAYMENTS 0.00
(D) AMOUNT OF PAYMENTS WITH RESPECT TO
ALTERNATE CREDIT ENHANCEMENT 0.00
12. (A) AGGREGATE CLASS A CERTIFICATE PRINCIPAL BALANCE
AFTER DISTRIBUTIONS TO BE MADE ON THE REMITTANCE DATE 82,285,478.42
875.26569395
(B) AGGREGATE CLASS M CERTIFICATE PRINCIPAL BALANCE
AFTER DISTRIBUTIONS TO BE MADE ON THE REMITTANCE DATE 2,527,377.92
875.13085873
(C) AGGREGATE CLASS B CERTIFICATE PRINCIPAL BALANCE
AFTER DISTRIBUTIONS TO BE MADE ON THE REMITTANCE DATE 3,667,227.64
875.39064658
(D) POOL PRINCIPAL BALANCE AFTER DISTRIBUTIONS
TO BE MADE ON THE REMITTANCE DATE 88,480,083.98
875.26702004
13. (A) EXCESS SPREAD 136,948.38
(B) EXTRA INTEREST 272,776.80
(C) SPREAD ACCOUNT BALANCE 4,956,433.08
(D) SPECIFIED SPREAD ACCOUNT REQUIREMENT 4,877,922.22
14. (A) WEIGHTED AVERAGE MATURITY 211.072
(B) WEIGHTED AVERAGE SBA LOAN INTEREST RATE 11.357%
</TABLE>
Page 3 of 7
<PAGE>
<TABLE>
<S> <C>
15. (A) SERVICING FEE FOR THE RELATED DUE PERIOD 78,444.59
(B) PREMIUM PROTECTION FEE FOR THE RELATED DUE PERIOD 95,535.00
(C) AMOUNTS TO BE DEPOSITED TO THE EXPENSE ACCOUNT 4,492.62
16. AMOUNT OF REIMBURSEMENTS PURSUANT TO:
(A) SECTION 5.04 (b) 0.00
(B) SECTION 5.04 (c) 0.00
(C) SECTION 5.04 (d)(ii) 0.00
(D) SECTION 5.04 (e) 0.00
(E) SECTION 5.04 (f) 97,927.19
17. (A) CLASS A REMITTANCE RATE 7.300%
(B) CLASS M REMITTANCE RATE 7.820%
(C) CLASS B REMITTANCE RATE 8.800%
18. (A) AGGREGATE PRINCIPAL BALANCE OF THE SUBSEQUENT SBA
LOANS PURCHASED DURING THE PRIOR DUE PERIOD 0.00
(B) AMOUNT ON DEPOSIT IN THE PRE-FUNDING ACCOUNT AS OF
THE END OF SUCH DUE PERIOD 0.00
19. OTHER INFORMATION AS REQUESTED
(A) LETTER OF CREDIT AVAILABLE AMOUNT 8,021,914.37
(B) LOC AVAILABLE AMOUNT EXPRESSED AS A PERCENTAGE
OF POOL PRINCIPAL BALANCE AFTER DISTRIBUTION 9.07%
(C) AMOUNT ON DEPOSIT IN SPREAD ACCOUNT AFTER ALL
REQUIRED TRANSFERS ON SUCH REMITTANCE DATE 5,022,244.69
(D) SPREAD ACCOUNT EXCESS DISTRIBUTED TO SPREAD
ACCOUNT DEPOSITOR PURSUANT TO SECTION 6.02(b) (iii) 144,322.47
</TABLE>
I, Stephanie Callahan, Assistant Vice President, represent that The Money Store
Investment Corporation complied with section 6.09 of the Pooling and Servicing
Agreement dated February 28, 1999 pertaining to Series 1999 - 1 in preparing the
accompanying Servicer's Certificate.
THE MONEY STORE INVESTMENT CORPORATION
BY: _________________________________
STEPHANIE CALLAHAN
ASSISTANT VICE PRESIDENT
Page 4 of 7
<PAGE>
EXHIBIT K
DELINQUENCY AND FORECLOSURE INFORMATION
AS OF AUGUST 31, 2000
<TABLE>
<CAPTION>
RANGES # GROSS GROSS POOL POOL
(IN DAYS) ACCOUNTS AMOUNT PCT AMOUNT PCT
<S> <C> <C> <C> <C> <C> <C>
SERIES 1999-1 1 TO 29 10 3,372,690.83 1.224% 1,046,163.53 1.182%
30 TO 59 4 1,264,324.03 0.459% 316,081.06 0.357%
60 TO 89 3 1,002,370.37 0.364% 250,592.61 0.283%
90 TO 179 5 1,830,256.48 0.664% 457,564.12 0.517%
180 TO 719 20 9,799,240.23 3.556% 3,195,070.07 3.611%
720 AND OVER 0 0.00 0.000% 0.00 0.000%
FORECLOSURE 0 0.00 0.000% 0.00 0.000%
REO PROPERTY 0 0.00 0.000% 0.00 0.000%
DELINQUENCY TOTALS 42 $17,268,881.94 6.267% $5,265,471.39 5.950%
== ============== ====== ============= ======
OUTSTANDING 610 $275,564,627.89 $88,480,083.98
=== =============== ==============
FORECLOSURE/REO
180 - 719 0 0.00 0.00
</TABLE>
Page 5 of 7
<PAGE>
SERIES 1999-1
The following additional information, presented in dollars,
pursuant to Section 6.09 subclauses (ii), (iii), (iv), (v), (x)
and (xii) is provided for each Class per $1,000 original dollar
amount as of the Cut-Off Date.
<TABLE>
<CAPTION>
SUBCLAUSE CLASS A CLASS M CLASS B POOL
--------- ------- ------ ------- ----
<S> <C> <C> <C> <C>
(ii) 889 889 889 889
(iii) - - - 9
(iv) - - - 0
(v) - - - 2
(x)(a, b & c) (i) 5 6 7 5
(ii) 0 0 0 0
(iii) 0 0 0 0
total 5 6 6 5
(d, e & f) (i) 12 12 12 11
(ii) 0 0 0 0
(iii) 0 0 0 0
(iv) 2 2 2 2
(v) 0 0 0 0
(vi) 0 0 0 0
(vii) 0 0 0 0
total 14 14 14 13
(xii) 875 875 875 875
</TABLE>
Page 6 of 7
<PAGE>
THE MONEY STORE INVESTMENT CORPORATION
TMS SBA LOAN-BACKED ADJUSTABLE RATE CERTIFICATES
SERIES 1999-1, CLASS A M & B
EXHIBIT A
1. In the calculation of Servicing Fee, the Company computes the amount based
upon the product of the total interest collected and the ratio of the
Servicing Fee rate as specified in the Agreement over the prior month
weighted average customer rate.
Page 7 of 7
<PAGE>
SERVICER'S CERTIFICATE
IN ACCORDANCE WITH SECTION 6.09 OF THE POOLING AND SERVICING AGREEMENT DATED AS
OF FEBRUARY 28, 1999, THE MONEY STORE INVESTMENT CORPORATION REPORTS THE
FOLLOWING INFORMATION PERTAINING TO SERIES 1999-1 FOR THE OCTOBER 11, 2000
DETERMINATION DATE
1. AVAILABLE FUNDS $14,638,055.97
2. (A) AGGREGATE CLASS A CERTIFICATE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 82,285,478.42
(B) AGGREGATE CLASS M CERTIFICATE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 2,527,377.92
(C) AGGREGATE CLASS B CERTIFICATE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 3,667,227.64
(D) AGGREGATE POOL PRINCIPAL BALANCE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 88,480,083.98
3. PRINCIPAL PREPAYMENTS RECEIVED DURING THE DUE PERIOD
(A) NUMBER OF ACCOUNTS 4
(B) PRINCIPAL BALANCES 850,227.75
4. PRODUCT OF THE UNGUARANTEED PERCENTAGE MULTIPLIED
BY ALL CURTAILMENTS RECEIVED DURING THE DUE PERIOD 74,361.30
5. PRODUCT OF THE UNGUARANTEED PERCENTAGE MULTIPLIED
BY ALL EXCESS AND MONTHLY PAYMENTS IN RESPECT OF
PRINCIPAL RECEIVED DURING THE DUE PERIOD 166,817.90
5A. RECOVERIES ON LIQUIDATED LOANS 0.00
6. AGGREGATE AMOUNT OF INTEREST RECEIVED ON THE
UNGUARANTEED INTEREST OF EACH SBA LOAN NET OF THE
FTA'S FEE, THE ADDITIONAL FEE AND THE SERVICING FEE
ATTRIBUTABLE TO THE UNGUARANTEED INTEREST 984,112.10
7. (A) AMOUNT OF MONTHLY ADVANCE 0.00
(B) AMOUNT OF COMPENSATING INTEREST PAYMENT 4,778.08
8. DELINQUENCY AND FORECLOSURE INFORMATION
(SEE EXHIBIT K)
Page 1 of 7
<PAGE>
<TABLE>
<S> <C> <C>
9. PRODUCT OF THE UNGUARANTEED PERCENTAGE MULTIPLIED BY
REALIZED LOSSES ON A LIQUIDATED SBA LOAN 203,788.10
10. (A) CLASS A INTEREST DISTRIBUTION AMOUNT:
(i) ACCRUED INTEREST 500,570.10
(ii) SHORTFALL, IF ANY, ON A PRECEDING
REMITTANCE DATE PLUS INTEREST 0.00
(iii) CLASS A INTEREST DISTRIBUTION AMOUNT ADJUSTMENT (8,348.15)
ADJUSTED CLASS A INTEREST DISTRIBUTION AMOUNT 492,221.95
5.23573533
(B) CLASS M INTEREST DISTRIBUTION AMOUNT:
(i) ACCRUED INTEREST 16,470.00
(ii) SHORTFALL, IF ANY, ON A PRECEDING
REMITTANCE DATE PLUS INTEREST 0.00
(iii) CLASS M INTEREST DISTRIBUTION AMOUNT ADJUSTMENT (274.60)
ADJUSTED CLASS M INTEREST DISTRIBUTION AMOUNT 16,195.40
5.60782548
(C) CLASS B INTEREST DISTRIBUTION AMOUNT:
(i) ACCRUED INTEREST 26,892.90
(ii) SHORTFALL, IF ANY, ON A PRECEDING
REMITTANCE DATE PLUS INTEREST 0.00
(iii) CLASS B INTEREST DISTRIBUTION AMOUNT ADJUSTMENT (448.40)
ADJUSTED CLASS B INTEREST DISTRIBUTION AMOUNT 26,444.50
6.31247095
(D) CLASS A PRINCIPAL DISTRIBUTION AMOUNT:
(i) UNGUARANTEED PERCENTAGE OF PAYMENTS
AND OTHER RECOVERIES OF PRINCIPAL 1,015,008.47
(ii) PRINCIPAL PORTION OF THE UNGUARANTEED
INTEREST PURCHASED FOR BREACH OF
WARRANTY AND RECEIVED BY THE TRUSTEE 0.00
(iii) SUBSTITUTION ADJUSTMENTS 0.00
(iv) UNGUARANTEED PERCENTAGE OF
LOSSES THAT WERE LIQUIDATED 189,522.93
(v) UNGUARANTEED PERCENTAGE OF SBA LOAN
DELINQUENT 24 MONTHS OR UNCOLLECTIBLE 0.00
(vi) AMOUNT RELEASED FROM PRE-FUNDING ACCOUNT 0.00
(vii) RECALCULATED PRINCIPAL ADJUSTMENT 0.00
TOTAL CLASS A PRINCIPAL DISTRIBUTION AMOUNT 1,204,531.40
12.81252819
(E) CLASS M PRINCIPAL DISTRIBUTION AMOUNT:
(i) UNGUARANTEED PERCENTAGE OF PAYMENTS
AND OTHER RECOVERIES OF PRINCIPAL 31,214.23
(ii) PRINCIPAL PORTION OF THE UNGUARANTEED
INTEREST PURCHASED FOR BREACH OF
WARRANTY AND RECEIVED BY THE TRUSTEE 0.00
(iii) SUBSTITUTION ADJUSTMENTS 0.00
(iv) UNGUARANTEED PERCENTAGE OF
LOSSES THAT WERE LIQUIDATED 5,828.34
(v) UNGUARANTEED PERCENTAGE OF SBA LOAN
DELINQUENT 24 MONTHS OR UNCOLLECTIBLE 0.00
(vi) AMOUNT RELEASED FROM PRE-FUNDING ACCOUNT 0.00
(vii) RECALCULATED PRINCIPAL ADJUSTMENT 0.00
TOTAL CLASS M PRINCIPAL DISTRIBUTION AMOUNT 37,042.57
12.82637465
</TABLE>
Page 2 of 7
<PAGE>
<TABLE>
<S> <C> <C>
(F) CLASS B PRINCIPAL DISTRIBUTION AMOUNT:
(i) UNGUARANTEED PERCENTAGE OF PAYMENTS
AND OTHER RECOVERIES OF PRINCIPAL 45,184.25
(ii) PRINCIPAL PORTION OF THE UNGUARANTEED
INTEREST PURCHASED FOR BREACH OF
WARRANTY AND RECEIVED BY THE TRUSTEE 0.00
(iii) SUBSTITUTION ADJUSTMENTS 0.00
(iv) UNGUARANTEED PERCENTAGE OF
LOSSES THAT WERE LIQUIDATED 8,436.83
(v) UNGUARANTEED PERCENTAGE OF SBA LOAN
DELINQUENT 24 MONTHS OR UNCOLLECTIBLE 0.00
(vi) AMOUNT RELEASED FROM PRE-FUNDING ACCOUNT 0.00
(vii) RECALCULATED PRINCIPAL ADJUSTMENT 0.00
TOTAL CLASS B PRINCIPAL DISTRIBUTION AMOUNT 53,621.08
12.79969407
11. (A) AMOUNT AVAILABLE IN THE SPREAD ACCOUNT IN CASH
AND FROM LIQUIDATION OF PERMITTED INSTRUMENTS 4,877,922.22
(B) AMOUNT TO BE TRANSFERRED FROM SPREAD ACCOUNT
TO CERTIFICATE ACCOUNT PURSUANT TO SECTION 6.02(b)(i) 0.00
(C) AMOUNT OF LETTER OF CREDIT PAYMENTS 0.00
(D) AMOUNT OF PAYMENTS WITH RESPECT TO
ALTERNATE CREDIT ENHANCEMENT 0.00
12. (A) AGGREGATE CLASS A CERTIFICATE PRINCIPAL BALANCE
AFTER DISTRIBUTIONS TO BE MADE ON THE REMITTANCE DATE 81,080,947.02
862.45316577
(B) AGGREGATE CLASS M CERTIFICATE PRINCIPAL BALANCE
AFTER DISTRIBUTIONS TO BE MADE ON THE REMITTANCE DATE 2,490,335.35
862.30448407
(C) AGGREGATE CLASS B CERTIFICATE PRINCIPAL BALANCE
AFTER DISTRIBUTIONS TO BE MADE ON THE REMITTANCE DATE 3,613,606.56
862.59095250
(D) POOL PRINCIPAL BALANCE AFTER DISTRIBUTIONS
TO BE MADE ON THE REMITTANCE DATE 87,184,888.93
862.45462814
13. (A) EXCESS SPREAD 136,151.27
(B) EXTRA INTEREST 268,610.70
(C) SPREAD ACCOUNT BALANCE 4,877,922.22
(D) SPECIFIED SPREAD ACCOUNT REQUIREMENT 4,875,426.96
14. (A) WEIGHTED AVERAGE MATURITY 210.139
(B) WEIGHTED AVERAGE SBA LOAN INTEREST RATE 11.357%
</TABLE>
Page 3 of 7
<PAGE>
<TABLE>
<S> <C>
15. (A) SERVICING FEE FOR THE RELATED DUE PERIOD 77,761.12
(B) PREMIUM PROTECTION FEE FOR THE RELATED DUE PERIOD 93,542.27
(C) AMOUNTS TO BE DEPOSITED TO THE EXPENSE ACCOUNT 4,424.00
16. AMOUNT OF REIMBURSEMENTS PURSUANT TO:
(A) SECTION 5.04 (b) 0.00
(B) SECTION 5.04 (c) 0.00
(C) SECTION 5.04 (d)(ii) 0.00
(D) SECTION 5.04 (e) 0.00
(E) SECTION 5.04 (f) 78,444.59
17. (A) CLASS A REMITTANCE RATE 7.300%
(B) CLASS M REMITTANCE RATE 7.820%
(C) CLASS B REMITTANCE RATE 8.800%
18. (A) AGGREGATE PRINCIPAL BALANCE OF THE SUBSEQUENT SBA
LOANS PURCHASED DURING THE PRIOR DUE PERIOD 0.00
(B) AMOUNT ON DEPOSIT IN THE PRE-FUNDING ACCOUNT AS OF
THE END OF SUCH DUE PERIOD 0.00
19. OTHER INFORMATION AS REQUESTED
(A) LETTER OF CREDIT AVAILABLE AMOUNT 7,855,918.09
(B) LOC AVAILABLE AMOUNT EXPRESSED AS A PERCENTAGE
OF POOL PRINCIPAL BALANCE AFTER DISTRIBUTION 9.01%
(C) AMOUNT ON DEPOSIT IN SPREAD ACCOUNT AFTER ALL
REQUIRED TRANSFERS ON SUCH REMITTANCE DATE 4,972,722.23
(D) SPREAD ACCOUNT EXCESS DISTRIBUTED TO SPREAD
ACCOUNT DEPOSITOR PURSUANT TO SECTION 6.02(b) (iii) 97,295.27
</TABLE>
I, Stephanie Callahan, Assistant Vice President, represent that The Money Store
Investment Corporation complied with section 6.09 of the Pooling and Servicing
Agreement dated February 28, 1999 pertaining to Series 1999 - 1 in preparing the
accompanying Servicer's Certificate.
THE MONEY STORE INVESTMENT CORPORATION
BY: _________________________________
STEPHANIE CALLAHAN
ASSISTANT VICE PRESIDENT
Page 4 of 7
<PAGE>
EXHIBIT K
DELINQUENCY AND FORECLOSURE INFORMATION
AS OF SEPTEMBER 30, 2000
<TABLE>
<CAPTION>
RANGES # GROSS GROSS POOL POOL
(IN DAYS) ACCOUNTS AMOUNT PCT AMOUNT PCT
<S> <C> <C> <C> <C> <C> <C>
SERIES 1999-1 1 TO 29 9 3,432,259.28 1.263% 858,064.93 0.984%
30 TO 59 2 1,417,205.82 0.521% 557,292.19 0.639%
60 TO 89 2 363,076.41 0.134% 90,769.12 0.104%
90 TO 179 8 3,187,570.99 1.173% 796,892.77 0.914%
180 TO 719 19 9,670,836.75 3.558% 3,162,969.18 3.628%
720 AND OVER 0 0.00 0.000% 0.00 0.000%
FORECLOSURE 0 0.00 0.000% 0.00 0.000%
REO PROPERTY 1 118,422.48 0.044% 29,605.63 0.034%
----- -------------- ----- -------------- -----
DELINQUENCY TOTALS 41 $18,189,371.73 6.693% $ 5,495,593.82 6.303%
===== ============== ===== ============== =====
OUTSTANDING 603 $271,769,581.67 $87,184,888.93
===== =============== ==============
FORECLOSURE/REO
180 - 719 1 118,422.48 29,605.63
</TABLE>
Page 5 of 7
<PAGE>
SERIES 1999-1
The following additional information, presented in dollars, pursuant
to Section 6.09 subclauses (ii), (iii), (iv), (v), (x) and (xii) is
provided for each Class per $1,000 original dollar amount as of the
Cut-Off Date.
<TABLE>
<CAPTION>
SUBCLAUSE CLASS A CLASS M CLASS B POOL
--------- ------- ------- ------- ----
<S> <C> <C> <C>
(ii) 875 875 875 875
(iii) - - - 8
(iv) - - - 1
(v) - - - 2
(x)(a,b & c) (i) 5 6 6 5
(ii) 0 0 0 0
(iii) 0 0 0 0
total 5 6 6 5
(d,e & f) (i) 11 11 11 10
(ii) 0 0 0 0
(iii) 0 0 0 0
(iv) 2 2 2 2
(v) 0 0 0 0
(vi) 0 0 0 0
(vii) 0 0 0 0
total 13 13 13 12
(xii) 862 862 863 862
</TABLE>
Page 6 of 7
<PAGE>
THE MONEY STORE INVESTMENT CORPORATION
TMS SBA LOAN-BACKED ADJUSTABLE RATE CERTIFICATES
SERIES 1999-1, CLASS A M & B
EXHIBIT A
1. In the calculation of Servicing Fee, the Company computes the amount based
upon the product of the total interest collected and the ratio of the
Servicing Fee rate as specified in the Agreement over the prior month
weighted average customer rate.
Page 7 of 7
<PAGE>
SERVICER'S CERTIFICATE
IN ACCORDANCE WITH SECTION 6.09 OF THE POOLING AND SERVICING AGREEMENT DATED
AS OF FEBRUARY 28, 1999, THE MONEY STORE INVESTMENT CORPORATION REPORTS THE
FOLLOWING INFORMATION PERTAINING TO SERIES 1999-1 FOR THE NOVEMBER 10, 2000
DETERMINATION DATE
1. AVAILABLE FUNDS $13,670,214.76
2. (A) AGGREGATE CLASS A CERTIFICATE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 81,080,947.02
(B) AGGREGATE CLASS M CERTIFICATE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 2,490,335.35
(C) AGGREGATE CLASS B CERTIFICATE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 3,613,606.56
(D) AGGREGATE POOL PRINCIPAL BALANCE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 87,184,888.93
3. PRINCIPAL PREPAYMENTS RECEIVED DURING THE DUE PERIOD
(A) NUMBER OF ACCOUNTS 3
(B) PRINCIPAL BALANCES 303,346.52
4. PRODUCT OF THE UNGUARANTEED PERCENTAGE MULTIPLIED
BY ALL CURTAILMENTS RECEIVED DURING THE DUE PERIOD 14,277.39
5. PRODUCT OF THE UNGUARANTEED PERCENTAGE MULTIPLIED
BY ALL EXCESS AND MONTHLY PAYMENTS IN RESPECT OF
PRINCIPAL RECEIVED DURING THE DUE PERIOD 216,577.76
5A. RECOVERIES ON LIQUIDATED LOANS 0.00
6. AGGREGATE AMOUNT OF INTEREST RECEIVED ON THE
UNGUARANTEED INTEREST OF EACH SBA LOAN NET OF THE
FTA'S FEE, THE ADDITIONAL FEE AND THE SERVICING FEE
ATTRIBUTABLE TO THE UNGUARANTEED INTEREST 1,077,823.80
7. (A) AMOUNT OF MONTHLY ADVANCE 0.00
(B) AMOUNT OF COMPENSATING INTEREST PAYMENT 718.06
8. DELINQUENCY AND FORECLOSURE INFORMATION
(SEE EXHIBIT K)
Page 1 of 7
<PAGE>
<TABLE>
<S> <C> <C>
9. PRODUCT OF THE UNGUARANTEED PERCENTAGE MULTIPLIED BY
REALIZED LOSSES ON A LIQUIDATED SBA LOAN 81,643.86
10. (A) CLASS A INTEREST DISTRIBUTION AMOUNT:
(i) ACCRUED INTEREST 493,242.30
(ii) SHORTFALL, IF ANY, ON A PRECEDING
REMITTANCE DATE PLUS INTEREST 0.00
(iii) CLASS A INTEREST DISTRIBUTION AMOUNT ADJUSTMENT (8,225.28)
ADJUSTED CLASS A INTEREST DISTRIBUTION AMOUNT 485,017.02
5.15909692
(B) CLASS M INTEREST DISTRIBUTION AMOUNT:
(i) ACCRUED INTEREST 16,228.80
(ii) SHORTFALL, IF ANY, ON A PRECEDING
REMITTANCE DATE PLUS INTEREST 0.00
(iii) CLASS M INTEREST DISTRIBUTION AMOUNT ADJUSTMENT (270.75)
ADJUSTED CLASS M INTEREST DISTRIBUTION AMOUNT 15,958.05
5.52564058
(C) CLASS B INTEREST DISTRIBUTION AMOUNT:
(i) ACCRUED INTEREST 26,499.90
(ii) SHORTFALL, IF ANY, ON A PRECEDING
REMITTANCE DATE PLUS INTEREST 0.00
(iii) CLASS B INTEREST DISTRIBUTION AMOUNT ADJUSTMENT (442.04)
ADJUSTED CLASS B INTEREST DISTRIBUTION AMOUNT 26,057.86
6.22017752
(D) CLASS A PRINCIPAL DISTRIBUTION AMOUNT:
(i) UNGUARANTEED PERCENTAGE OF PAYMENTS
AND OTHER RECOVERIES OF PRINCIPAL 496,807.55
(ii) PRINCIPAL PORTION OF THE UNGUARANTEED
INTEREST PURCHASED FOR BREACH OF
WARRANTY AND RECEIVED BY THE TRUSTEE 0.00
(iii) SUBSTITUTION ADJUSTMENTS 0.00
(iv) UNGUARANTEED PERCENTAGE OF
LOSSES THAT WERE LIQUIDATED 75,928.79
(v) UNGUARANTEED PERCENTAGE OF SBA LOAN
DELINQUENT 24 MONTHS OR UNCOLLECTIBLE 0.00
(vi) AMOUNT RELEASED FROM PRE-FUNDING ACCOUNT 0.00
(vii) RECALCULATED PRINCIPAL ADJUSTMENT 0.00
TOTAL CLASS A PRINCIPAL DISTRIBUTION AMOUNT 572,736.34
6.09216206
(E) CLASS M PRINCIPAL DISTRIBUTION AMOUNT:
(i) UNGUARANTEED PERCENTAGE OF PAYMENTS
AND OTHER RECOVERIES OF PRINCIPAL 15,278.17
(ii) PRINCIPAL PORTION OF THE UNGUARANTEED
INTEREST PURCHASED FOR BREACH OF
WARRANTY AND RECEIVED BY THE TRUSTEE 0.00
(iii) SUBSTITUTION ADJUSTMENTS 0.00
(iv) UNGUARANTEED PERCENTAGE OF
LOSSES THAT WERE LIQUIDATED 2,335.01
(v) UNGUARANTEED PERCENTAGE OF SBA LOAN
DELINQUENT 24 MONTHS OR UNCOLLECTIBLE 0.00
(vi) AMOUNT RELEASED FROM PRE-FUNDING ACCOUNT 0.00
(vii) RECALCULATED PRINCIPAL ADJUSTMENT 0.00
TOTAL CLASS M PRINCIPAL DISTRIBUTION AMOUNT 17,613.18
6.09874654
</TABLE>
Page 2 of 7
<PAGE>
<TABLE>
<S> <C> <C>
(F) CLASS B PRINCIPAL DISTRIBUTION AMOUNT:
(i) UNGUARANTEED PERCENTAGE OF PAYMENTS
AND OTHER RECOVERIES OF PRINCIPAL 22,115.95
(ii) PRINCIPAL PORTION OF THE UNGUARANTEED
INTEREST PURCHASED FOR BREACH OF
WARRANTY AND RECEIVED BY THE TRUSTEE 0.00
(iii) SUBSTITUTION ADJUSTMENTS 0.00
(iv) UNGUARANTEED PERCENTAGE OF
LOSSES THAT WERE LIQUIDATED 3,380.06
(v) UNGUARANTEED PERCENTAGE OF SBA LOAN
DELINQUENT 24 MONTHS OR UNCOLLECTIBLE 0.00
(vi) AMOUNT RELEASED FROM PRE-FUNDING ACCOUNT 0.00
(vii) RECALCULATED PRINCIPAL ADJUSTMENT 0.00
TOTAL CLASS B PRINCIPAL DISTRIBUTION AMOUNT 25,496.01
6.08606033
11. (A) AMOUNT AVAILABLE IN THE SPREAD ACCOUNT IN CASH
AND FROM LIQUIDATION OF PERMITTED INSTRUMENTS 4,875,426.97
(B) AMOUNT TO BE TRANSFERRED FROM SPREAD ACCOUNT
TO CERTIFICATE ACCOUNT PURSUANT TO SECTION 6.02(b)(i) 0.00
(C) AMOUNT OF LETTER OF CREDIT PAYMENTS 0.00
(D) AMOUNT OF PAYMENTS WITH RESPECT TO
ALTERNATE CREDIT ENHANCEMENT 0.00
12. (A) AGGREGATE CLASS A CERTIFICATE PRINCIPAL BALANCE
AFTER DISTRIBUTIONS TO BE MADE ON THE REMITTANCE DATE 80,508,210.68
856.36100370
(B) AGGREGATE CLASS M CERTIFICATE PRINCIPAL BALANCE
AFTER DISTRIBUTIONS TO BE MADE ON THE REMITTANCE DATE 2,472,722.17
856.20573753
(C) AGGREGATE CLASS B CERTIFICATE PRINCIPAL BALANCE
AFTER DISTRIBUTIONS TO BE MADE ON THE REMITTANCE DATE 3,588,110.55
856.50489217
(D) POOL PRINCIPAL BALANCE AFTER DISTRIBUTIONS
TO BE MADE ON THE REMITTANCE DATE 86,569,043.40
856.36253082
13. (A) EXCESS SPREAD 170,157.75
(B) EXTRA INTEREST 264,678.90
(C) SPREAD ACCOUNT BALANCE 4,875,426.97
(D) SPECIFIED SPREAD ACCOUNT REQUIREMENT 5,133,980.90
14. (A) WEIGHTED AVERAGE MATURITY 209.219
(B) WEIGHTED AVERAGE SBA LOAN INTEREST RATE 11.357%
</TABLE>
<PAGE>
<TABLE>
<S> <C>
15. (A) SERVICING FEE FOR THE RELATED DUE PERIOD 91,669.62
(B) PREMIUM PROTECTION FEE FOR THE RELATED DUE PERIOD 92,292.35
(C) AMOUNTS TO BE DEPOSITED TO THE EXPENSE ACCOUNT 4,359.24
16. AMOUNT OF REIMBURSEMENTS PURSUANT TO:
(A) SECTION 5.04 (b) 0.00
(B) SECTION 5.04 (c) 0.00
(C) SECTION 5.04 (d)(ii) 0.00
(D) SECTION 5.04 (e) 0.00
(E) SECTION 5.04 (f) 77,761.12
17. (A) CLASS A REMITTANCE RATE 7.300%
(B) CLASS M REMITTANCE RATE 7.820%
(C) CLASS B REMITTANCE RATE 8.800%
18. (A) AGGREGATE PRINCIPAL BALANCE OF THE SUBSEQUENT SBA
LOANS PURCHASED DURING THE PRIOR DUE PERIOD 0.00
(B) AMOUNT ON DEPOSIT IN THE PRE-FUNDING ACCOUNT AS OF
THE END OF SUCH DUE PERIOD 0.00
19. OTHER INFORMATION AS REQUESTED
(A) LETTER OF CREDIT AVAILABLE AMOUNT 7,366,724.29
(B) LOC AVAILABLE AMOUNT EXPRESSED AS A PERCENTAGE
OF POOL PRINCIPAL BALANCE AFTER DISTRIBUTION 8.51%
(C) AMOUNT ON DEPOSIT IN SPREAD ACCOUNT AFTER ALL
REQUIRED TRANSFERS ON SUCH REMITTANCE DATE 5,181,899.44
(D) SPREAD ACCOUNT EXCESS DISTRIBUTED TO SPREAD
ACCOUNT DEPOSITOR PURSUANT TO SECTION 6.02(b) (iii) 47,918.54
</TABLE>
I, Stephanie Callahan, Assistant Vice President, represent that The Money Store
Investment Corporation complied with section 6.09 of the Pooling and Servicing
Agreement dated February 28, 1999 pertaining to Series 1999 - 1 in preparing the
accompanying Servicer's Certificate.
THE MONEY STORE INVESTMENT CORPORATION
BY: _________________________________
STEPHANIE CALLAHAN
ASSISTANT VICE PRESIDENT
Page 4 of 7
<PAGE>
<TABLE>
<CAPTION>
EXHIBIT K
DELINQUENCY AND FORECLOSURE INFORMATION
AS OF OCTOBER 31, 2000
RANGES # GROSS GROSS POOL POOL
(IN DAYS) ACCOUNTS AMOUNT PCT AMOUNT PCT
<S> <C> <C> <C> <C> <C> <C>
SERIES 1999-1 1 TO 29 8 2,856,257.76 1.060% 714,064.52 0.825%
30 TO 59 2 772,364.54 0.287% 193,091.16 0.223%
60 TO 89 1 1,258,389.03 0.467% 517,587.98 0.598%
90 TO 179 7 2,184,856.26 0.811% 546,214.09 0.631%
180 TO 719 21 10,705,052.42 3.973% 3,421,523.12 3.952%
720 AND OVER 0 0.00 0.000% 0.00 0.000%
FORECLOSURE 0 0.00 0.000% 0.00 0.000%
REO PROPERTY 1 118,422.48 0.044% 29,605.63 0.034%
-- -------------- ----- ------------- -----
DELINQUENCY TOTALS 40 $17,895,342.49 6.642% $5,422,086.50 6.263%
== ============== ===== ============= =====
OUTSTANDING 599 $269,419,073.57 $86,569,043.40
=== =============== ==============
FORECLOSURE/REO
180 - 719 1 118,422.48 29,605.63
</TABLE>
Page 5 of 7
<PAGE>
SERIES 1999-1
The following additional information, presented in dollars, pursuant
to Section 6.09 subclauses (ii), (iii), (iv), (v), (x) and (xii) is
provided for each Class per $1,000 original dollar amount as of the
Cut-Off Date.
<TABLE>
<CAPTION>
SUBCLAUSE CLASS A CLASS M CLASS B POOL
--------- ------- ------- ------- ----
<S> <C> <C> <C> <C>
(ii) 862 862 863 862
(iii) - - - 3
(iv) - - - 0
(v) - - - 2
(x)(a, b & c) (i) 5 6 6 5
(ii) 0 0 0 0
(iii) 0 0 0 0
total 5 6 6 5
(d, e & f) (i) 5 5 5 5
(ii) 0 0 0 0
(iii) 0 0 0 0
(iv) 1 1 1 1
(v) 0 0 0 0
(vi) 0 0 0 0
(vii) 0 0 0 0
total 6 6 6 6
(xii) 856 856 857 856
</TABLE>
Page 6 of 7
<PAGE>
THE MONEY STORE INVESTMENT CORPORATION
TMS SBA LOAN-BACKED ADJUSTABLE RATE CERTIFICATES
SERIES 1999-1, CLASS A, M & B
EXHIBIT A
1. In the calculation of Servicing Fee, the Company computes the amount based
upon the product of the total interest collected and the ratio of the
Servicing Fee rate as specified in the Agreement over the prior month
weighted average customer rate.
Page 7 of 7
<PAGE>
SERVICER'S CERTIFICATE
IN ACCORDANCE WITH SECTION 6.09 OF THE POOLING AND SERVICING AGREEMENT DATED
AS OF FEBRUARY 28, 1999, THE MONEY STORE INVESTMENT CORPORATION REPORTS THE
FOLLOWING INFORMATION PERTAINING TO SERIES 1999-1 FOR THE DECEMBER 12, 2000
DETERMINATION DATE
1. AVAILABLE FUNDS $13,172,502.33
2. (A) AGGREGATE CLASS A CERTIFICATE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 80,508,210.68
(B) AGGREGATE CLASS M CERTIFICATE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 2,472,722.17
(C) AGGREGATE CLASS B CERTIFICATE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 3,588,110.55
(D) AGGREGATE POOL PRINCIPAL BALANCE
PRINCIPAL BALANCE AS REPORTED IN THE PRIOR MONTH 86,569,043.40
3. PRINCIPAL PREPAYMENTS RECEIVED DURING THE DUE PERIOD
(A) NUMBER OF ACCOUNTS 1
(B) PRINCIPAL BALANCES 299,060.10
4. PRODUCT OF THE UNGUARANTEED PERCENTAGE MULTIPLIED
BY ALL CURTAILMENTS RECEIVED DURING THE DUE PERIOD 4,680.06
5. PRODUCT OF THE UNGUARANTEED PERCENTAGE MULTIPLIED
BY ALL EXCESS AND MONTHLY PAYMENTS IN RESPECT OF
PRINCIPAL RECEIVED DURING THE DUE PERIOD 190,135.68
5A. RECOVERIES ON LIQUIDATED LOANS 0.00
6. AGGREGATE AMOUNT OF INTEREST RECEIVED ON THE
UNGUARANTEED INTEREST OF EACH SBA LOAN NET OF THE
FTA'S FEE, THE ADDITIONAL FEE AND THE SERVICING FEE
ATTRIBUTABLE TO THE UNGUARANTEED INTEREST 919,609.77
7. (A) AMOUNT OF MONTHLY ADVANCE 0.00
(B) AMOUNT OF COMPENSATING INTEREST PAYMENT 72.12
8. DELINQUENCY AND FORECLOSURE INFORMATION
(SEE EXHIBIT K)
Page 1 of 7
<PAGE>
<TABLE>
<S> <C> <C>
9. PRODUCT OF THE UNGUARANTEED PERCENTAGE MULTIPLIED BY
REALIZED LOSSES ON A LIQUIDATED SAB LOAN 0.00
10. (A) CLASS A INTEREST DISTRIBUTION AMOUNT:
(i) ACCRUED INTEREST 489,758.40
(ii) SHORTFALL, IF ANY, ON A PRECEDING
REMITTANCE DATE PLUS INTEREST 0.00
(iii) CLASS A INTEREST DISTRIBUTION AMOUNT ADJUSTMENT (8,168.03)
ADJUSTED CLASS A INTEREST DISTRIBUTION AMOUNT 481,590.37
5.12264785
(B) CLASS M INTEREST DISTRIBUTION AMOUNT:
(i) ACCRUED INTEREST 16,113.90
(ii) SHORTFALL, IF ANY, ON A PRECEDING
REMITTANCE DATE PLUS INTEREST 0.00
(iii) CLASS M INTEREST DISTRIBUTION AMOUNT ADJUSTMENT (268.74)
ADJUSTED CLASS M INTEREST DISTRIBUTION AMOUNT 15,845.16
5.48655125
(C) CLASS B INTEREST DISTRIBUTION AMOUNT:
(i) ACCRUED INTEREST 26,312.70
(ii) SHORTFALL, IF ANY, ON A PRECEDING
REMITTANCE DATE PLUS INTEREST 0.00
(iii) CLASS B INTEREST DISTRIBUTION AMOUNT ADJUSTMENT (438.72)
ADJUSTED CLASS B INTEREST DISTRIBUTION AMOUNT 25,873.98
6.17628419
(D) CLASS A PRINCIPAL DISTRIBUTION AMOUNT:
(i) UNGUARANTEED PERCENTAGE OF PAYMENTS
AND OTHER RECOVERIES OF PRINCIPAL 459,304.53
(ii) PRINCIPAL PORTION OF THE UNGUARANTEED
INTEREST PURCHASED FOR BREACH OF
WARRANTY AND RECEIVED BY THE TRUSTEE 0.00
(iii) SUBSTITUTION ADJUSTMENTS 0.00
(iv) UNGUARANTEED PERCENTAGE OF
LOSSES THAT WERE LIQUIDATED 0.00
(v) UNGUARANTEED PERCENTAGE OF SBA LOAN
DELINQUENT 24 MONTHS OR UNCOLLECTIBLE 0.00
(vi) AMOUNT RELEASED FROM PRE-FUNDING ACCOUNT 0.00
(vii) RECALCULATED PRINCIPAL ADJUSTMENT 0.00
TOTAL CLASS A PRINCIPAL DISTRIBUTION AMOUNT 459,304.53
4.88559471
(E) CLASS M PRINCIPAL DISTRIBUTION AMOUNT:
(i) UNGUARANTEED PERCENTAGE OF PAYMENTS
AND OTHER RECOVERIES OF PRINCIPAL 14,124.85
(ii) PRINCIPAL PORTION OF THE UNGUARANTEED
INTEREST PURCHASED FOR BREACH OF
WARRANTY AND RECEIVED BY THE TRUSTEE 0.00
(iii) SUBSTITUTION ADJUSTMENTS 0.00
(iv) UNGUARANTEED PERCENTAGE OF
LOSSES THAT WERE LIQUIDATED 0.00
(v) UNGUARANTEED PERCENTAGE OF SBA LOAN
DELINQUENT 24 MONTHS OR UNCOLLECTIBLE 0.00
(vi) AMOUNT RELEASED FROM PRE-FUNDING ACCOUNT 0.00
(vii) RECALCULATED PRINCIPAL ADJUSTMENT 0.00
TOTAL CLASS M PRINCIPAL DISTRIBUTION AMOUNT 14,124.85
4.89087604
</TABLE>
Page 2 of 7
<PAGE>
<TABLE>
<S> <C> <C>
(F) CLASS B PRINCIPAL DISTRIBUTION AMOUNT:
(i) UNGUARANTEED PERCENTAGE OF PAYMENTS
AND OTHER RECOVERIES OF PRINCIPAL 20,446.46
(ii) PRINCIPAL PORTION OF THE UNGUARANTEED
INTEREST PURCHASED FOR BREACH OF
WARRANTY AND RECEIVED BY THE TRUSTEE 0.00
(iii) SUBSTITUTION ADJUSTMENTS 0.00
(iv) UNGUARANTEED PERCENTAGE OF
LOSSES THAT WERE LIQUIDATED 0.00
(v) UNGUARANTEED PERCENTAGE OF SBA LOAN
DELINQUENT 24 MONTHS OR UNCOLLECTIBLE 0.00
(vi) AMOUNT RELEASED FROM PRE-FUNDING ACCOUNT 0.00
(vii) RECALCULATED PRINCIPAL ADJUSTMENT 0.00
TOTAL CLASS B PRINCIPAL DISTRIBUTION AMOUNT 20,446.46
4.88070052
11. (A) AMOUNT AVAILABLE IN THE SPREAD ACCOUNT IN CASH
AND FROM LIQUIDATION OF PERMITTED INSTRUMENTS 5,133,980.90
(B) AMOUNT TO BE TRANSFERRED FROM SPREAD ACCOUNT
TO CERTIFICATE ACCOUNT PURSUANT TO SECTION 6.02(b)(i) 0.00
(C) AMOUNT OF LETTER OF CREDIT PAYMENTS 0.00
(D) AMOUNT OF PAYMENTS WITH RESPECT TO
ALTERNATE CREDIT ENHANCEMENT 0.00
12. (A) AGGREGATE CLASS A CERTIFICATE PRINCIPAL BALANCE
AFTER DISTRIBUTIONS TO BE MADE ON THE REMITTANCE DATE 80,048,906.15
851.47540899
(B) AGGREGATE CLASS M CERTIFICATE PRINCIPAL BALANCE
AFTER DISTRIBUTIONS TO BE MADE ON THE REMITTANCE DATE 2,458,597.32
851.31486150
(C) AGGREGATE CLASS B CERTIFICATE PRINCIPAL BALANCE
AFTER DISTRIBUTIONS TO BE MADE ON THE REMITTANCE DATE 3,567,664.09
851.62419165
(D) POOL PRINCIPAL BALANCE AFTER DISTRIBUTIONS
TO BE MADE ON THE REMITTANCE DATE 86,075,167.56
851.47698805
13. (A) EXCESS SPREAD 126,385.53
(B) EXTRA INTEREST 262,809.30
(C) SPREAD ACCOUNT BALANCE 5,133,980.90
(D) SPECIFIED SPREAD ACCOUNT REQUIREMENT 5,337,155.76
14. (A) WEIGHTED AVERAGE MATURITY 208.226
(B) WEIGHTED AVERAGE SBA LOAN INTEREST RATE 11.356%
</TABLE>
Page 3 of 7
<PAGE>
<TABLE>
<S> <C>
15. (A) SERVICING FEE FOR THE RELATED DUE PERIOD 77,682.46
(B) PREMIUM PROTECTION FEE FOR THE RELATED DUE PERIOD 91,425.02
(C) AMOUNTS TO BE DEPOSITED TO THE EXPENSE ACCOUNT 4,328.45
16. AMOUNT OF REIMBURSEMENTS PURSUANT TO:
(A) SECTION 5.04 (b) 0.00
(B) SECTION 5.04 (c) 0.00
(C) SECTION 5.04 (d)(ii) 0.00
(D) SECTION 5.04 (e) 0.00
(E) SECTION 5.04 (f) 91,669.62
17. (A) CLASS A REMITTANCE RATE 7.300%
(B) CLASS M REMITTANCE RATE 7.820%
(C) CLASS B REMITTANCE RATE 8.800%
18. (A) AGGREGATE PRINCIPAL BALANCE OF THE SUBSEQUENT SBA
LOANS PURCHASED DURING THE PRIOR DUE PERIOD 0.00
(B) AMOUNT ON DEPOSIT IN THE PRE-FUNDING ACCOUNT AS OF
THE END OF SUCH DUE PERIOD 0.00
19. OTHER INFORMATION AS REQUESTED
(A) LETTER OF CREDIT AVAILABLE AMOUNT 6,794,143.30
(B) LOC AVAILABLE AMOUNT EXPRESSED AS A PERCENTAGE
OF POOL PRINCIPAL BALANCE AFTER DISTRIBUTION 7.89%
(C) AMOUNT ON DEPOSIT IN SPREAD ACCOUNT AFTER ALL
REQUIRED TRANSFERS ON SUCH REMITTANCE DATE 5,382,491.24
(D) SPREAD ACCOUNT EXCESS DISTRIBUTED TO SPREAD
ACCOUNT DEPOSITOR PURSUANT TO SECTION 6.02(b) (iii) 45,335.48
</TABLE>
I, Stephanie Callahan, Assistant Vice President, represent that The Money Store
Investment Corporation complied with section 6.09 of the Pooling and Servicing
Agreement dated February 28, 1999 pertaining to Series 1999- 1 in preparing the
accompanying Servicer's Certificate.
THE MONEY STORE INVESTMENT CORPORATION
BY: _________________________________
STEPHANIE CALLAHAN
ASSISTANT VICE PRESIDENT
Page 4 of 7
<PAGE>
EXHIBIT K
DELINQUENCY AND FORECLOSURE INFORMATION
AS OF NOVEMBER 30, 2000
<TABLE>
RANGES # GROSS GROSS POOL POOL
(IN DAYS) ACCOUNTS AMOUNT PCT AMOUNT PCT
<S> <C> <C> <C> <C> <C> <C>
SERIES 1999-1 1 TO 29 13 5,837,555.56 2.181% 1,975,782.42 2.295%
30 TO 59 2 330,758.59 0.124% 82,689.71 0.096%
60 TO 89 1 658,786.28 0.246% 164,696.59 0.191%
90 TO 179 6 2,618,835.81 0.978% 857,699.71 0.996%
180 TO 719 23 11,517,751.90 4.302% 3,624,697.98 4.211%
720 AND OVER 0 0.00 0.000% 0.00 0.000%
FORECLOSURE 0 0.00 0.000% 0.00 0.000%
REO PROPERTY 1 118,422.48 0.044% 29,605.63 0.034%
---------- --------------- --------- ------------- ------
DELINQUENCY TOTALS 46 $21,082,110.62 7.875% $6,735,172.04 7.823%
========== =============== ========= ============= ======
OUTSTANDING 598 $267,701,042.35 $86,075,167.56
========== =============== ==============
FORECLOSURE/REO
180 - 719 1 118,422.48 29,605.63
</TABLE>
Page 5 of 7
<PAGE>
SERIES 1999-1
The following additional information, presented in dollars, pursuant to
Section 6.09 subclauses (ii), (iii), (iv), (v), (x) and (xii) is provided for
each Class per $1,000 original dollar amount as of the Cut-Off Date.
<TABLE>
<CAPTION>
SUBCLAUSE CLASS A CLASS M CLASS B POOL
--------- ------- ------- ------- ----
<S> <C> <C> <C> <C>
(ii) 856 856 857 856
(iii) - - - 3
(iv) - - - 0
(v) - - - 2
(x)(a, b & c) (i) 5 6 6 5
(ii) 0 0 0 0
(iii) 0 0 0 0
total 5 5 6 5
(d, e & f) (i) 5 5 5 5
(ii) 0 0 0 0
(iii) 0 0 0 0
(iv) 0 0 0 0
(v) 0 0 0 0
(vi) 0 0 0 0
(vii) 0 0 0 0
total 5 5 5 5
(xii) 851 851 852 851
</TABLE>
Page 7 of 7
<PAGE>
THE MONEY STORE INVESTMENT CORPORATION
TMS SBA LOAN-BACKED ADJUSTABLE RATE CERTIFICATES
SERIES 1999-1, CLASS A M & B
EXHIBIT A
1. In the calculation of Servicing Fee, the Company computes the amount based
upon the product of the total interest collected and the ratio of the
Servicing Fee rate as specified in the Agreement over the prior month
weighted average customer rate.
Page 7 of 7
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