Monthly Servicer's Report dated 12-31,2001

EX-99.1 3 dex991.htm MONTHLY SERVICER'S REPORT DATED 12-31,2001 Monthly Servicer's Report dated 12-31,2001

EXHIBIT 99.1

Bay View Securitization Corporation Bay View 1999 LG-1 Auto Trust For Remittance Date: December 31, 2001


A.	PRINCIPAL BALANCE RECONCILIATION
		A-1	A-2	A-3	A-4	TOTAL	# LOANS
(A)	ORIGINAL PRINCIPAL BALANCE	42,750,000.00	97,000,000.00	55,000,000.00	52,023,107.00	246,773,107.00	17,753
(B)	BEGINNING PERIOD PRINCIPAL BALANCE	0.00	0.00	30,591,777.73	52,023,107.00	82,614,884.73	9,021
(C)	COLLECTIONS (REGULAR PAYMENTS)	0.00	0.00	2,429,122.42	0.00	2,429,122.42	N/A
(D)	WITHDRAWAL FROM PAYAHEAD	0.00	0.00	10,162.23	0.00	10,162.23	N/A
(E)	COLLECTIONS (PRINCIPAL PAYOFFS)	0.00	0.00	1,854,303.23	0.00	1,854,303.23	341
(F)	NET LIQUIDATION PROCEEDS	0.00	0.00	118,866.07	0.00	118,866.07	N/A
(G)	CHARGE OFF AMOUNT	0.00	0.00	215,280.30	0.00	215,280.30	32
(H)	PRINCIPAL REDUCTIONS (PARTIAL CHARGE OFFS)	0.00	0.00	49,710.96	0.00	49,710.96	N/A
(I)	REPURCHASES	0.00	0.00	0.00	0.00	0.00	0
(J)	ENDING BALANCE	0.00	0.00	25,914,332.52	52,023,107.00	77,937,439.52	8,648

	NOTIONAL PRINCIPAL BALANCE:
(K)	BEGINNING					24,671,129.41
(L)	ENDING					21,248,879.65

(M)	CERTIFICATE FACTOR	0.000000%	0.000000%	47.116968%	100.000000%	31.582631%



B.	CASH FLOW RECONCILIATION					TOTALS

(A)	TOTAL CASH WIRED					5,278,906.25
(B)	INTEREST WIRED					8,733.63
(C)	WITHDRAWAL FROM PAYAHEAD ACCOUNT					10,162.23
(D)	ADVANCES					0.00
(E)	REPURCHASES					0.00
(F)	GROSS CHARGE OFF RECOVERIES					40,981.75
(G)	SPREAD ACCOUNT WITHDRAWAL					0.00
(H)	“A” SURETY BOND DRAW FOR “I” INTEREST					0.00
(I)	“A” SURETY BOND DRAW FOR “A-1” PRINCIPAL OR INTEREST					0.00
(J)	“A” SURETY BOND DRAW FOR “A-2” PRINCIPAL OR INTEREST					0.00
(K)	“A” SURETY BOND DRAW FOR “A-3” PRINCIPAL OR INTEREST					0.00
(L)	“A” SURETY BOND DRAW FOR “A-4” PRINCIPAL OR INTEREST					0.00

	TOTAL COLLECTIONS					5,338,783.86

C.	TRUSTEE DISTRIBUTION
						TOTAL
(A)	TOTAL CASH FLOW					5,338,783.86
(B)	UNRECOVERED INTEREST ADVANCES					2,262.87
(C)	SERVICING FEE (DUE AND UNPAID)					51,634.30
(D)	INTEREST TO “A-1” CERTIFICATE HOLDERS, INCLUDING OVERDUE					0.00
(E)	INTEREST TO “A-2” CERTIFICATE HOLDERS, INCLUDING OVERDUE					0.00
(F)	INTEREST TO “A-3” CERTIFICATE HOLDERS, INCLUDING OVERDUE					176,157.65
(G)	INTEREST TO “A-4” CERTIFICATE HOLDERS, INCLUDING OVERDUE					306,502.81
(H)	INTEREST TO “I” CERTIFICATE HOLDERS, INCLUDING OVERDUE					30,838.91
(I)	PRINCIPAL TO “A-1” CERTIFICATE HOLDERS, INCLUDING OVERDUE					0.00
(J)	PRINCIPAL TO “A-2” CERTIFICATE HOLDERS, INCLUDING OVERDUE					0.00
(K)	PRINCIPAL TO “A-3” CERTIFICATE HOLDERS, INCLUDING OVERDUE					4,677,445.21

Bay View Securitization Corporation
Bay View 1999 LG-1 Auto Trust
For Remittance Date: December 31, 2001

(L)

PRINCIPAL TO “A-4” CERTIFICATE HOLDERS, INCLUDING OVERDUE

0.00

(M)

REINSURANCE FEE

0.00

(N)

SURETY BOND FEE

13,310.18

(O)

FIRST LOSS PROTECTION FEE

0.00

(P)

SURETY BOND PREMIUM

13,310.18

(Q)

INTEREST ADVANCE RECOVERY PAYMENTS

1,352.00

(R)

UNREIMBURSED DRAWS ON CLASS “A” SURETY BOND FOR CLASS “A-1” INT OR PRIN

0.00

(S)

UNREIMBURSED DRAWS ON CLASS “A” SURETY BOND FOR CLASS “A-2” INT OR PRIN

0.00

(T)

UNREIMBURSED DRAWS ON CLASS “A” SURETY BOND FOR CLASS “A-3” INT OR PRIN

0.00

(U)

UNREIMBURSED DRAWS ON CLASS “A” SURETY BOND FOR CLASS “A-4” INT OR PRIN

0.00

(V)

UNREIMBURSED DRAWS ON CLASS “A” SURETY BOND FOR CLASS “I” INTEREST

0.00

(W)

DEPOSIT TO PAYAHEAD

0.00

(X)

BANK ACCOUNT INTEREST

8,733.63

(Y)

EXCESS YIELD

70,546.30

BALANCE

0.00

SPREAD ACCOUNT AND SURETY RECONCILIATION

SPREAD
ACCOUNT

SURETY
BOND

(A)

BEGINNING BALANCE

3,589,235.97

79,717,605.24

(B)

ADDITIONS TO SPREAD AMOUNT

70,546.30

N/A

(C)

INTEREST EARNED

6,488.07

N/A

(D)

DRAWS

0.00

(E)

REIMBURSEMENT FOR PRIOR DRAWS

N/A

0.00

(F)

DISTRIBUTION OF FUNDS TO SERVICER

N/A

0.00

(G)

PRIOR MONTH DISTRIBUTION OF FUNDS TO “IC” CERTIFICATEHOLDER

0.00

N/A

(H)

ENDING BALANCE

3,666,270.34

74,913,337.22

(I)

REQUIRED BALANCE

6,196,116.35

74,913,337.22

(J)

CURRENT MONTH DISTRIBUTION OF FUNDS TO “IC” CERTIFICATEHOLDER

0.00

CURRENT RECEIVABLES DELINQUENCY

# PAYMENT DELINQUENCY

NUMBER

BALANCE

(A)

30-59

118

1,000,589.03

(B)

60-89

317,951.90

(C)

90+

154,171.83

(D)

TOTAL

158

1,472,712.76

EXCESS
YIELD
BALANCE

POOL
BALANCE

EXCESS YIELD
(Annualized %)

EXCESS YIELD

MONTH

(A)

CURRENT

70,546.30

77,937,439.52

1.0862%

(B)

1ST PREVIOUS

78,557.04

82,614,884.73

1.1411%

(C)

2ND PREVIOUS

139,137.47

87,591,486.73

1.9062%

(D)

3RD PREVIOUS

31,125.66

93,297,228.09

0.4003%

(E)

FOUR MONTH ROLLING EXCESS YIELD

79,841.62

85,360,259.77

1.1224%

Bay View Securitization Corporation
Bay View 1999 LG-1 Auto Trust
For Remittance Date: December 31, 2001

G.	DELINQUENCY RATE (30+)	DELINQUENT MONTH BALANCE	POOL BALANCE	DELINQUENCY %

	MONTH
(A)	CURRENT	1,472,712.76	77,937,439.52	1.8896%
(B)	1ST PREVIOUS	1,291,667.99	82,614,884.73	1.5635%
(C)	2ND PREVIOUS	1,158,777.10	87,591,486.73	1.3229%
(D)	3RD PREVIOUS	1,262,916.20	93,297,228.09	1.3536%
(E)	FOUR MONTH ROLLING AVERAGE	1,296,518.51	85,360,259.77	1.5189%

H.	NET LOSS RATE	CHARGE-OFF BALANCE	LIQUIDATION PROCEEDS	AVERAGE POOL BALANCE	DEFAULTED (ANNUALIZED)
	MONTH	CHARGE-OFF BALANCE	LIQUIDATION PROCEEDS	AVERAGE POOL BALANCE	DEFAULTED (ANNUALIZED)
(A)	CURRENT	334,146.37	159,847.82	80,276,162.13	2.6055%
(B)	1ST PREVIOUS	278,790.48	91,492.06	85,103,185.73	2.6410%
(C)	2ND PREVIOUS	361,017.33	133,649.03	90,444,357.41	3.0167%
(D)	THREE MONTH ROLLING AVERAGE	324,651.39	128,329.64	85,274,568.42	2.7627%


I.	CHARGE-OFF / RECOVERIES
		NUMBER	BALANCE
(A)	COLLECTION PERIOD CHARGE-OFF RECEIVABLES	32	264,991.26
(B)	GROSS CHARGE OFFS CUMULATIVE RECEIVABLES	784	7,078,775.37
(C)	COLLECTION PERIOD RECOVERIES ON CHARGE-OFFS	N/A	40,981.75
(D)	RECOVERIES ON CHARGE-OFFS TO DATE	N/A	915,743.91

J.	REPOSSESSIONS

(A)	COLLECTION PERIOD REPOSSESSIONS	18	239,634.45
(B)	AGGREGATE REPOSSESSIONS	695	8,960,492.21
(C)	UNLIQUIDATED REPOSSESSIONS	34	476,135.19

K.	FORCED PLACE INSURANCE

(A)	FORCED PLAN INSURANCE CHARGE-OFFS	0	0.00
(B)	FORCED PLACED INS CANCELED/WAIVED/REMOVED/REVERSED	0	0.00

L.	PAYAHEAD RECONCILIATION

(A)	BEGINNING BALANCE	163,243.86
(B)	DEPOSIT	0.00
(C)	WITHDRAWAL	10,162.23
(D)	ENDING BALANCE	153,081.63

Approved by:

/s/ Brian Smith
Brian Smith
First Vice President, Controller
Bay View Acceptance Corp

Bay View Securitization Corporation Bay View 2000 LJ-1 Auto Trust For Remittance Date: December 31, 2001


A.	PRINCIPAL BALANCE RECONCILIATION	A-1	A-2	A-3	A-4	TOTAL	# LOANS

(A)	ORIGINAL PRINCIPAL BALANCE	64,000,000.00	132,000,000.00	80,000,000.00	80,559,839.00	356,559,839.00	20,329
(B)	BEGINNING PERIOD PRINCIPAL BALANCE	0.00	0.00	64,137,449.51	80,559,839.00	144,697,288.51	12,360
(C)	COLLECTIONS (REGULAR PAYMENTS)	0.00	0.00	4,169,506.65	0.00	4,169,506.65	N/A
(D)	WITHDRAWAL FROM PAYAHEAD	0.00	0.00	2,001.06	0.00	2,001.06	N/A
(E)	COLLECTIONS (PRINCIPAL PAYOFFS)	0.00	0.00	3,254,715.36	0.00	3,254,715.36	358
(F)	NET LIQUIDATION PROCEEDS	0.00	0.00	94,768.15	0.00	94,768.15	N/A
(G)	CHARGE OFF AMOUNT	0.00	0.00	178,701.89	0.00	178,701.89	21
(H)	PARTIAL CHARGE OFFS	0.00	0.00	20,578.65	0.00	20,578.65	N/A
(I)	REPURCHASES	0.00	0.00	0.00	0.00	0.00	0
(J)	ENDING BALANCE	0.00	0.00	56,417,177.75	80,559,839.00	136,977,016.75	11,981

(K)	CERTIFICATE FACTOR	0.000000%	0.000000%	70.521472%	100.000000%	38.416277%


B.	CASH FLOW RECONCILIATION					TOTALS

(A)	CASH WIRED					8,722,990.99
(B)	INTEREST WIRED					20,033.87
(C)	WITHDRAWAL FROM PAYAHEAD ACCOUNT					2,001.06
(D)	ADVANCES					0.00
(E)	REPURCHASES					0.00
(F)	GROSS CHARGE OFF RECOVERIES					23,769.49
(G)	SPREAD ACCOUNT WITHDRAWAL					11,773.95
(H)	“A” SURETY BOND DRAW FOR “A-1” PRINCIPAL OR INTEREST					0.00
(I)	“A” SURETY BOND DRAW FOR “A-2” PRINCIPAL OR INTEREST					0.00
(J)	“A” SURETY BOND DRAW FOR “A-3” PRINCIPAL OR INTEREST					0.00
(K)	“A” SURETY BOND DRAW FOR “A-4” PRINCIPAL OR INTEREST					0.00

	TOTAL COLLECTIONS					8,780,569.36

C.	TRUSTEE DISTRIBUTION					TOTAL

(A)	TOTAL CASH FLOW					8,780,569.36
(B)	UNRECOVERED INTEREST ADVANCES					1,634.51
(C)	SERVICING FEE (DUE AND UNPAID)					90,435.81
(D)	INTEREST TO “A-1” CERTIFICATE HOLDERS, INCLUDING OVERDUE					0.00
(E)	INTEREST TO “A-2” CERTIFICATE HOLDERS, INCLUDING OVERDUE					0.00
(F)	INTEREST TO “A-3” CERTIFICATE HOLDERS, INCLUDING OVERDUE					408,341.76
(G)	INTEREST TO “A-4” CERTIFICATE HOLDERS, INCLUDING OVERDUE					512,897.64
(H)	PRINCIPAL TO “A-1” CERTIFICATE HOLDERS, INCLUDING OVERDUE					0.00
(I)	PRINCIPAL TO “A-2” CERTIFICATE HOLDERS, INCLUDING OVERDUE					0.00
(J)	PRINCIPAL TO “A-3” CERTIFICATE HOLDERS, INCLUDING OVERDUE					7,720,271.76
(K)	PRINCIPAL TO “A-4” CERTIFICATE HOLDERS, INCLUDING OVERDUE					0.00
(L)	SURETY BOND FEE					24,920.09
(M)	INTEREST ADVANCE RECOVERY PAYMENTS					32.86
(N)	UNREIMBURSED DRAWS ON CLASS “A” SURETY BOND FOR CLASS “A-1” INT OR PRIN					0.00
(O)	UNREIMBURSED DRAWS ON CLASS “A” SURETY BOND FOR CLASS “A-2” INT OR PRIN					0.00

Bay View Securitization Corporation Bay View 2000 LJ-1 Auto Trust For Remittance Date: December 31, 2001


(P)	UNREIMBURSED DRAWS ON CLASS “A” SURETY BOND FOR CLASS “A-3” INT OR PRIN			0.00
(Q)	UNREIMBURSED DRAWS ON CLASS “A” SURETY BOND FOR CLASS “A-4” INT OR PRIN			0.00
(R)	DEPOSIT TO PAYAHEAD			0.00
(S)	BANK ACCOUNT INTEREST			20,033.87
(T)	EXCESS YIELD			2,001.06

	BALANCE			0.00

D.	SPREAD ACCOUNT AND SURETY RECONCILIATION		SPREAD ACCOUNT	SURETY BOND
(A)	BEGINNING BALANCE		4,623,059.44	14,870,695.00
(B)	ADDITIONS TO SPREAD AMOUNT		2,001.06	N/A
(C)	INTEREST EARNED		8,211.36	N/A
(D)	DRAWS		11,773.95	0.00
(E)	REIMBURSEMENT FOR PRIOR DRAWS		N/A	0.00
(F)	DISTRIBUTION OF FUNDS TO SERVICER		N/A	0.00
(G)	PRIOR MONTH DISTRIBUTION OF FUNDS TO “IC” CERTIFICATEHOLDER		166,061.45	N/A
(H)	ENDING BALANCE		4,455,436.46	14,870,695.00

(I)	REQUIRED BALANCE		4,456,997.99	14,870,695.00
(J)	CURRENT MONTH DISTRIBUTION OF FUNDS TO “IC” CERTIFICATEHOLDER		0.00


E.	CURRENT RECEIVABLES DELINQUENCY

	# PAYMENT DELINQUENCY		NUMBER	BALANCE
(A)	30-59		58	675,803.42
(B)	60-89		29	466,609.51
(C)	90+		21	240,354.57
(D)	TOTAL		108	1,382,767.50
		EXCESS YIELD BALANCE	POOL BALANCE	EXCESS YIELD (Annualized %)

F.	EXCESS YIELD

	MONTH
(A)	CURRENT	2,001.06	136,977,016.75	0.0175%
(B)	1ST PREVIOUS	155,776.44	144,697,288.51	1.2919%
(C)	2ND PREVIOUS	21,673.91	153,136,395.49	0.1698%
(D)	3RD PREVIOUS	14,453.91	162,668,255.01	0.1066%
(E)	FOUR MONTH ROLLING EXCESS YIELD	48,476.33	149,369,738.94	0.3894%

G.	DELINQUENCY RATE (30+)
	MONTH	DELINQUENT MONTH BALANCE	POOL BALANCE	DELINQUENCY %
(A)	CURRENT	1,382,767.50	136,977,016.75	1.0095%
(B)	1ST PREVIOUS	1,277,938.85	144,697,288.51	0.8832%
(C)	2ND PREVIOUS	1,120,641.41	153,136,395.49	0.7318%
(D)	3RD PREVIOUS	1,297,637.15	162,668,255.01	0.7977%
(E)	FOUR MONTH ROLLING AVERAGE	1,269,746.23	149,369,738.94	0.8501%

Bay View Securitization Corporation
Bay View 2000 LJ-1 Auto Trust
For Remittance Date: December 31, 2001

NET LOSS RATE

CHARGE-OFF
BALANCE

LIQUIDATION
PROCEEDS

AVERAGE
POOL
BALANCE

DEFAULTED
(ANNUALIZED)

MONTH

(A)

CURRENT

273,470.04

118,537.64

140,837,152.63

1.3201%

(B)

1ST PREVIOUS

176,634.03

198,545.15

148,916,842.00

-0.1766%

(C)

2ND PREVIOUS

398,542.06

151,011.81

157,902,325.25

1.8811%

(D)

THREE MONTH ROLLING AVERAGE

282,882.04

156,031.53

149,218,773.29

1.0201%

CHARGE-OFF / RECOVERIES

NUMBER

BALANCE

(A)

COLLECTION PERIOD CHARGE-OFF RECEIVABLES

199,280.54

(B)

GROSS CHARGE OFFS CUMULATIVE RECEIVABLES

440

4,881,811.68

(C)

COLLECTION PERIOD RECOVERIES ON CHARGE-OFFS

N/A

23,769.49

(D)

RECOVERIES ON CHARGE-OFFS TO DATE

N/A

833,036.53

REPOSSESSIONS

(A)

COLLECTION PERIOD REPOSSESSIONS

360,665.34

(B)

AGGREGATE REPOSSESSIONS

421

6,819,130.54

(C)

UNLIQUIDATED REPOSSESSIONS

561,456.99

FORCED PLACE INSURANCE

(A)

FORCED PLAN INSURANCE CHARGE-OFFS

0.00

(B)

FORCED PLACED INS CANCELED/WAIVED/REMOVED/REVERSED

0.00

PAYAHEAD RECONCILIATION

(A)

BEGINNING BALANCE

98,046.09

(B)

DEPOSIT

0.00

(C)

WITHDRAWAL

2,001.06

(D)

ENDING BALANCE

96,045.03

Approved by:

/s/ Brian Smith
Brian Smith
First Vice President, Controller
Bay View Acceptance Corp