-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QwWD1rqIgi13k/K/TaXnekbYvTgeINVeuVm61ZwPLLQbkDJSLwUD1BHy4voKu930 RIdQiqhcZUM/QGTkrZK6lQ== 0000950168-97-001424.txt : 19970529 0000950168-97-001424.hdr.sgml : 19970529 ACCESSION NUMBER: 0000950168-97-001424 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970515 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19970528 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: OAKWOOD MORTGAGE INVESTORS INC OMI TRUST 1996-B CENTRAL INDEX KEY: 0001022419 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 232824328 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-83660-06 FILM NUMBER: 97615061 BUSINESS ADDRESS: STREET 1: 1700 MARKET ST STREET 2: 215-585-8738 CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: 9106643578 MAIL ADDRESS: STREET 1: OAKWOOD HOMES CORP STREET 2: 78OO MCCLOUD RD CITY: GREENSBORO STATE: NC ZIP: 27409 8-K 1 OAKWOOD HOMES CORPORATION 8-K 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) May 15, 1997. OMI Trust 1996-B (Exact name of registrant as specified in charter) Pennsylvania 33-99320 23-2855625 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) c/o PNC Bank, National Association Corporate Trust Department Attention: Constantine Hromych 1700 Market Street Philadelphia, Pennsylvania 19103 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (215) 585-8738 ------------------------------------------------------------------------------- (Former name or former address, if changed since last report.) 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) May 15, 1997. OMI Trust 1996-B (Exact name of registrant as specified in charter) Pennsylvania 33-99320 23-2855625 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) c/o PNC Bank, National Association Corporate Trust Department Attention: Constantine Hromych 1700 Market Street Philadelphia, Pennsylvania 19103 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (215) 585-8738 ------------------------------------------------------------------------------- (Former name or former address, if changed since last report.) OMI TRUST 1996-B FORM 8-K ITEM 1. CHANGES IN CONTROL OF REGISTRANT. Not Applicable. ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS. Not Applicable. ITEM 3. BANKRUPTCY OR RECEIVERSHIP. Not Applicable. ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT. Not Applicable. ITEM 5. OTHER EVENTS. OMI Trust 1996-B (the "Trust"), the issuer of the Oakwood Mortgage Investors, Inc. Manufactured Housing Contract Senior/Subordinated Pass-Through Certificates, Series 1996- B (the "Certificates"), makes monthly distributions to holders of the Certificates. The latest distribution was made on May 15, 1997. Oakwood Acceptance Corporation, as Servicer for the Trust, has prepared a monthly Remittance Report and delivered it to the Trustee. Remittance Report. . . . . . . . . . . . .Exhibit 20.1 ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS. Not Applicable. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. Exhibits 20.1 Monthly Remittance Report relating to the Distribution Date occurring on May 15, 1997. ITEM 8. CHANGE IN FISCAL YEAR. Not Applicable. Signatures 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 thereunto duly authorized. OMI TRUST 1996-B, Registrant By: Oakwood Acceptance Corporation, as servicer May 23, 1997 Douglas R. Muir Vice President Signatures 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 thereunto duly authorized. OMI TRUST 1996-B, Registrant By: Oakwood Acceptance Corporation, as servicer May 23, 1997 /s/ DOUGLAS R. MUIR ------------------- Douglas R. Muir Vice President INDEX OF EXHIBITS Page of Sequentially Numbered Pages 20.1 Monthly Remittance Report relating to Distribution Date occurring on May 15, 1997................................ 5-10 INDEX OF EXHIBITS Page of Sequentially Numbered Pages 20.1 Monthly Remittance Report relating to Distribution Date occurring on May 15, 1997................................. EX-20 2 EXHIBIT 20.1 OAKWOOD MORTGAGE INVESTORS, INC. 1996-B REPORT DATE: MAY 6, 1997 OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 10 REMITTANCE REPORT Page 1 of 6 REPORTING MONTH: APRIL 30, 1997
Scheduled Principal Balance of Contracts ------------------------------------------------------------------------------------------------------------------- Beginning Ending Scheduled Principal Scheduled Prepaid Liquidated Contracts Principal Gross Servicing Balance Principal Principal Principal Repurchased Balance Interest Fee -------------------------------------------------------------------------------------------------------------------- 201,726,190.22 (531,893.69) (839,223.97) (578,797.99) 0.00 199,776,274.57 1,875,397.43 168,105.16 ====================================================================================================================
Scheduled Amount Pass Thru Liquidation Reserve Available for Interest Proceeds Fund Draw Distribution - ---------------------------------------------------------------------------- 1,707,292.27 405,996.30 0.00 3,652,511.39 ============================================================================
Mezzanine Reserve Fund as of Cutoff Date - ----------------------------------------------------------------------------------------------------------------------------------- Beginning Investment Balance Before Reserve Reserve Balance After Balance Deposits Distrib. Interest Current Distribution Fund Draw Fund Deposit Current Distribution Excess - --------------------------------------------------------------------------------------------------------------------------------- 433,069.92 0.00 -1,744.92 1,719.02 433,044.02 0.00 0.00 433,044.02 1,719.02 ==================================================================================================================================
Class B-1 Reserve Fund as of Cutoff Date
Beginning Investment Balance Before Reserve Reserve Balance After Balance Deposits Distrib. Interest Current Distribution Fund Draw Fund Deposit Current Distribution Excess - -------------------------------------------------------------------------------------------------------------------------------- 324,802.69 0.00 -1,308.69 1,289.27 324,783.27 0.00 0.00 324,783.27 1,289.27 ================================================================================================================================
Class B-2 Reserve Fund as of Cutoff Date
Beginning Investment Balance Before Reserve Reserve Balance After Balance Deposits Distrib. Interest Current Distribution Fund Draw Fund Deposit Current Distribution Excess - --------------------------------------------------------------------------------------------------------------------------------- 216,534.46 0.00 -872.46 859.50 216,521.50 0.00 0.00 216,521.50 859.50 =================================================================================================================================
Reserve Fund Required Balance Before Current After Current Distribution Distribution ---------------------------------- 431,325.00 431,325.00 ================================== Reserve Fund Required Balance ------------------------------------- Before Current After Current Distribution Distribution --------------------------------- 323,494.00 323,494.00 =================================== Reserve Fund Required Balance ------------------------------------- Before Current After Current Distribution Distribution --------------------------------- 215,662.00 215,662.00 ====================================
Certificate Account - --------------------------------------------------------------------------------------------------------------------- Beginning Deposits Investment Ending Balance Principal Interest Distributions Interest Balance - ------------------------------------------------------------------------------------------------------------------ 878,857.56 1,919,276.16 1,796,947.81 (3,559,235.89) 3,224.46 1,039,070.10 ==================================================================================================================
P&I Advances at Distribution Date - ---------------------------------------------------------------------- Beginning Recovered Current Ending Balance Advances Advances Balance - --------------------------------------------------------------------- 1,349,675.27 1,270,248.76 1,577,977.50 1,657,404.01 ====================================================================== OAKWOOD MORTGAGE INVESTORS, INC. 1996-B REPORT DATE: MAY 6, 1997 OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 10 REMITTANCE REPORT REPORTING MONTH: APRIL 30, 1997 Page 2 of 6
Class B Crossover Test Test Met? - ----------------------------------------------------------------- ------------- (a) Remittance date on or after January 2001 N (b) Average 60 day Delinquency rate <= 5% Y (c) Average 30 day Delinquency rate <= 7% Y (d) Cumulative losses do not exceed the following percent of the intitial principal balance of all Certificates Aug. 1996 -Aug. 1997 4% N Jan 2001 -Aug. 2002 7% N Aug. 2002 - Jan. 2003 8% N Jan, 2003 - 9% N (e) Current realized loss ratio <= 2.75% Y (f) Are class B principal balances plus Accelerated Principal Distributions > = 22.750% of stated scheduled pool balance Beginning B-1 balance 16,983,002.06 Beginning B-2 balance 10,614,543.63 Beginning Accelerated Principal Distribution 438,749.31 -------------- 28,036,295.00 Divided by beginning pool balance 201,726,190.22 -------------- 13.898% N ==============
Average 60 day delinquency ratio: Over 60s Pool Balance % -------------------------------------------------- Current Mo 6,410,745.32 199,776,274.57 3.21% 1st Preceding Mo 5,968,141.52 201,726,190.22 2.96% 2nd Preceding Mo 5,768,377.23 203,392,542.63 2.84% Divided by 3 ------ 3.00% ====== Average 30 day delinquency ratio: Over 30s Pool Balance % -------------------------------------------------- Current Mo 9,118,247.60 199,776,274.57 4.56% 1st Preceding Mo 9,092,747.24 201,726,190.22 4.51% 2nd Preceding Mo 8,748,189.69 203,392,542.63 4.30% Divided by 3 ------- 4.46% ======= Cumulative loss ratio: Cumulative losses 852,970.59 ------------- Divided by Initial Certificate Principal 215,662,295.00 0.396% ======= Current realized loss ratio: Liquidation Pool Losses Balance Current Mo 172,801.69 201,726,190.22 1st Preceding Mo 191,835.51 203,392,542.63 2nd Preceding Mo 146,464.19 205,060,874.50 1.009% ======= OAKWOOD MORTGAGE INVESTORS, INC. 1996-B OAKWOOD ACCEPTANCE CORP. - SERVICER REPORT DATE: MAY 6, 1997 REMITTANCE REPORT POOL REPORT # 10 REPORTING MONTH: APRIL 30, 1997 Page 3 of 6
Delinquency Analysis Repossession Analysis 31 to 59 days 60 to 89 days 90 days and Over No. of Principal Principal Principal Principal Loans Balance # Balance # Balance # Balance ------------------------------------------------------------------------------------------------------------ Excluding Repos 7,321 196,493,849.50 90 2,581,908.13 47 1,454,932.94 60 1,885,663.30 Repos 103 3,282,425.07 5 125,594.15 11 300,748.07 84 2,769,401.01 --------------------------------------------------------------------------------------------------------- Total 7,424 199,776,274.57 95 2,707,502.28 58 1,755,681.01 144 4,655,064.31 =========================================================================================================
Repossession Analysis Active Repos Reversal Current Month Total Delinq. Outstanding (Redemption) Repos Cumulative Repos Principal Principal Principal Principal Principal # Balance # Balance # Balance # Balance # Balance ------------------------------------------------------------------------------------------------------ ----------- Excluding Repos 197 5,922,504.37 103 3,282,425.07 -1 (27,422.03) 38 1,079,211.14 235 6,301,006.91 Repos 100 3,195,743.23 ------ ------------------------- Total 297 9,118,247.60 ====== ========================= 4.0% 4.56%
OAKWOOD MORTGAGE INVESTORS, INC. 1996-B OAKWOOD ACCEPTANCE CORP. - SERVICER REPORT DATE: MAY 6, 1997 REMITTANCE REPORT POOL REPORT # 10 REPORTING MONTH: APRIL 30, 1997 Page 4 of 6 REPOSSESSION LIQUIDATION REPORT
Liquidated Net Account Customer Principal Sales Insur. Total Repossession Liquidation Unrecov. Number Name Balance Proceeds Refunds Proceeds Expenses Proceeds Advances - --------------------------------------------------------------------------------------------------------------------------------- 081049-9 FAGUNDES 33,317.29 17,450.00 2,850.72 20,300.72 316.80 19,983.92 4,305.68 088212-6 GRAHAM 13,665.98 5,350.00 29.22 5,379.22 0.00 5,379.22 1,086.30 088467-6 PARKER 24,853.31 25,100.00 1,512.44 26,612.44 1,103.00 25,509.44 1,569.70 088495-7 VANDYGRIFF 48,127.21 46,647.04 205.34 46,852.38 9,391.83 37,460.55 2,904.84 088582-2 LAKES 30,438.01 26,800.00 2,794.50 29,594.50 3,545.00 26,049.50 2,227.26 088913-9 MOORE 5,727.12 1,000.00 434.39 1,434.39 0.00 1,434.39 1,091.80 089042-6 LOZON 13,375.18 4,600.00 25.47 4,625.47 430.00 4,195.47 974.36 089046-7 PARRACK 29,202.36 16,437.00 3,216.69 19,653.69 316.80 19,336.89 2,464.40 089327-1 FOLEY 16,146.22 12,500.00 131.19 12,631.19 381.00 12,250.19 1,164.75 089920-3 SANCHEZ 29,690.17 27,900.00 2,763.77 30,663.77 1,267.00 29,396.77 2,331.36 090767-5 PEREZ 32,692.26 31,500.00 1,227.64 32,727.64 3,480.00 29,247.64 1,987.98 091356-6 OLESCH 30,481.94 28,700.00 839.04 29,539.04 5,818.91 23,720.13 2,674.96 091506-6 HICKS 32,452.82 26,050.00 2,441.85 28,491.85 3,538.81 24,953.04 3,164.96 091887-0 HOPKINS 26,600.25 25,900.00 1,558.16 27,458.16 1,944.00 25,514.16 1,288.48 091901-9 HUGLEY 5,472.05 500.00 0.00 500.00 0.00 500.00 909.10 092165-0 GARNER 26,264.73 23,800.00 1,982.62 25,782.62 3,599.00 22,183.62 1,532.45 092232-8 MEANS 11,065.01 3,200.00 32.77 3,232.77 0.00 3,232.77 663.35 092313-6 RODRIGUEZ 4,889.40 2,700.00 824.73 3,524.73 81.00 3,443.73 1,997.73 093895-1 GONZALEZ 26,035.16 22,700.00 3,071.58 25,771.58 1,874.83 23,896.75 2,645.28 093991-8 ROBERTS 21,772.52 22,100.00 1,649.50 23,749.50 3,063.00 20,686.50 1,592.46 094003-1 TAYLOR 28,786.71 27,900.00 666.27 28,566.27 4,219.61 24,346.66 2,090.04 094207-8 RODRIGUEZ 26,179.09 25,000.00 98.38 25,098.38 1,395.00 23,703.38 2,507.05 094669-9 BAKER 34,582.45 29,700.00 1,946.11 31,646.11 5,704.83 25,941.28 1,033.16 086511-3 CROSCO 26,980.75 18,900.00 2,630.83 21,530.83 1,622.00 19,908.83 2,071.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 ======================================================================================================= 578,797.99 472,434.04 32,933.21 505,367.25 53,092.42 452,274.83 46,278.53 =======================================================================================================
Net Current Account Customer Pass Thru Period Net Cumulative Number Name Proceeds Gain/(Loss) Gain/(Loss) - ------------------------------------------------------------------------------- 081049-9 FAGUNDES 15,678.24 (17,639.05) 088212-6 GRAHAM 4,292.92 (9,373.06) 088467-6 PARKER 23,939.74 (913.57) 088495-7 VANDYGRIFF 34,555.71 (13,571.50) 088582-2 LAKES 23,822.24 (6,615.77) 088913-9 MOORE 342.59 (5,384.53) 089042-6 LOZON 3,221.11 (10,154.07) 089046-7 PARRACK 16,872.49 (12,329.87) 089327-1 FOLEY 11,085.44 (5,060.78) 089920-3 SANCHEZ 27,065.41 (2,624.76) 090767-5 PEREZ 27,259.66 (5,432.60) 091356-6 OLESCH 21,045.17 (9,436.77) 091506-6 HICKS 21,788.08 (10,664.74) 091887-0 HOPKINS 24,225.68 (2,374.57) 091901-9 HUGLEY (409.10) (5,881.15) 092165-0 GARNER 20,651.17 (5,613.56) 092232-8 MEANS 2,569.42 (8,495.59) 092313-6 RODRIGUEZ 1,446.00 (3,443.40) 093895-1 GONZALEZ 21,251.47 (4,783.69) 093991-8 ROBERTS 19,094.04 (2,678.48) 094003-1 TAYLOR 22,256.62 (6,530.09) 094207-8 RODRIGUEZ 21,196.33 (4,982.76) 094669-9 BAKER 24,908.12 (9,674.33) 086511-3 CROSCO 17,837.75 (9,143.00) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 ================================================ 405,996.30 (172,801.69) (852,970.59) ================================================
OAKWOOD MORTGAGE INVESTORS, INC. 1996-B OAKWOOD ACCEPTANCE CORP. - SERVICER REPORT DATE: MAY 6, 1997 REMITTANCE REPORT POOL REPORT # 10 REPORTING MONTH: APRIL 30, 1997 Page 5 of 6 CERTIFICATE PRINCIPAL ANALYSIS PRINCIPAL
Original Beginning Current Accelerated Cert. Certificate Certificate Principal Principal Writedown Class Balances Balances Payable Distribution Amounts - --------------------------------------------------------------------------------------------------------------------------------- A-1 45,290,000.00 31,353,895.20 (1,949,915.65) 0.00 0.00 A-1 Outstanding Writedown 0.00 0.00 0.00 0.00 0.00 A-2 35,585,000.00 35,585,000.00 0.00 0.00 0.00 A-2 Outstanding Writedown 0.00 0.00 0.00 0.00 0.00 A-3 32,350,000.00 32,350,000.00 0.00 0.00 0.00 A-3 Outstanding Writedown 0.00 0.00 0.00 0.00 0.00 A-4 22,642,000.00 22,642,000.00 0.00 0.00 0.00 A-4 Outstanding Writedown 0.00 0.00 0.00 0.00 0.00 A-5 32,350,000.00 32,350,000.00 0.00 0.00 0.00 A-5 Outstanding Writedown 0.00 0.00 0.00 0.00 0.00 A-6 19,409,000.00 19,409,000.00 0.00 0.00 0.00 A-6 Outstanding Writedown 0.00 0.00 0.00 0.00 0.00 B-1 17,253,000.00 16,983,002.06 0.00 0.00 0.00 B-1 Outstanding Writedown 0.00 0.00 0.00 0.00 0.00 B-2 10,783,295.00 10,614,543.63 0.00 0.00 0.00 B-2 Outstanding Writedown 0.00 0.00 0.00 0.00 0.00 Excess Asset Principal Balance 0.00 438,749.31 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------- 215,662,295.00 201,726,190.20 (1,949,915.65) 0.00 0.00 =================================================================================================
Ending Principal Paid Cert. Certificate Pool Per $1,000 Class Balances Factor Denomination - --------------------------------------------------------------------------------------- A-1 29,403,979.55 64.92378% 43.05 A-1 Outstanding Writedown 0.00 0.00 0.00 A-2 35,585,000.00 100.00000% 0.00 A-2 Outstanding Writedown 0.00 0.00 0.00 A-3 32,350,000.00 100.00000% 0.00 A-3 Outstanding Writedown 0.00 0.00 0.00 A-4 22,642,000.00 100.00000% 0.00 A-4 Outstanding Writedown 0.00 0.00 0.00 A-5 32,350,000.00 100.00000% 0.00 A-5 Outstanding Writedown 0.00 0.00 0.00 A-6 19,409,000.00 100.00000% 0.00 A-6 Outstanding Writedown 0.00 0.00 0.00 B-1 16,983,002.06 98.43507% 0.00 B-1 Outstanding Writedown 0.00 0.00 0.00 B-2 10,614,543.63 98.43507% 0.00 B-2 Outstanding Writedown 0.00 0.00 0.00 Excess Asset Principal Balance 438,749.31 --------------- 199,776,274.55 ===============
OAKWOOD MORTGAGE INVESTORS, INC. 1996-B OAKWOOD ACCEPTANCE CORP. - SERVICER REPORT DATE: MAY 6, 1997 REMITTANCE REPORT POOL REPORT # 10 REPORTING MONTH: APRIL 30, 1997 Page 6 of 6 CERTIFICATE INTEREST ANALYSIS
Interest Paid Certificate Remittance Beginning Current Total Interest Ending Per $1,000 Class Rate Balance Accrual Paid Shortfall Balance Denomination -------------------------------------------------------------------------------------------------------- A-1 5.79750% 0.00 151,478.51 151,478.51 0.00 0.00 4.83 A-1 Carryover Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-1 Writedown Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-2 6.80000% 0.00 201,648.33 201,648.33 0.00 0.00 5.67 A-2 Carryover Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-2 Writedown Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-3 7.10000% 0.00 191,404.17 191,404.17 0.00 0.00 5.92 A-3 Carryover Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-3 Writedown Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-4 7.35000% 0.00 138,682.25 138,682.25 0.00 0.00 6.13 A-4 Carryover Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-4 Writedown Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-5 7.65000% 0.00 206,231.25 206,231.25 0.00 0.00 6.38 A-5 Carryover Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-5 Writedown Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-6 8.00000% 0.00 129,393.33 129,393.33 0.00 0.00 6.67 A-6 Carryover Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-6 Writedown Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 B-1 8.39200% 0.00 118,767.79 118,767.79 0.00 0.00 6.99 B-1 Carryover Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 B-1 Writedown Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 B-2 9.64400% 0.00 85,305.55 85,305.55 0.00 0.00 8.04 B-2 Carryover Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 B-2 Writedown Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 X 423,861.59 400,328.51 311,579.40 88,749.11 512,610.70 Service Fee 168,105.16 168,105.16 0.00 0.00 ---------------------------------------------------------------------------- 423,861.59 1,791,344.85 1,702,595.74 88,749.11 512,610.70 CUMULATIVE UNPAID "X" 512,610.70 CUMULATIVE UNPAID TURBO 340,359.89 --------------- CUMULATIVE TOTAL LOSSES 852,970.59 ---------------
Certificate TOTAL Class DISTRIBUTION ---------------------------------------- A-1 A-1 2,101,394.16 A-1 Carryover Interest A-1 Writedown Interest A-2 A-2 201,648.33 A-2 Carryover Interest A-2 Writedown Interest A-3 A-3 191,404.17 A-3 Carryover Interest A-3 Writedown Interest A-4 A-4 138,682.25 A-4 Carryover Interest A-4 Writedown Interest A-5 A-5 206,231.25 A-5 Carryover Interest A-5 Writedown Interest A-6 A-6 129,393.33 A-6 Carryover Interest A-6 Writedown Interest B-1 B-1 118,767.79 B-1 Carryover Interest B-1 Writedown Interest B-2 B-2 85,305.55 B-2 Carryover Interest B-2 Writedown Interest X X 311,579.40 Service Fee 168,105.16 --------------------- 3,652,511.39 -----END PRIVACY-ENHANCED MESSAGE-----