-----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, F4LF0Ueficflq512nmnpiU3BhJvmEnMO1OJFyheI93mxbHRxo6ALXVfbtWovFvHT ttct3zNk4U305MI3wa5Zeg== 0000898430-01-000312.txt : 20010129 0000898430-01-000312.hdr.sgml : 20010129 ACCESSION NUMBER: 0000898430-01-000312 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20001231 ITEM INFORMATION: FILED AS OF DATE: 20010126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GREENPOINT CREDIT LLC CENTRAL INDEX KEY: 0001066112 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 330862379 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-59731 FILM NUMBER: 1516081 BUSINESS ADDRESS: STREET 1: 10089 WILLOW CREEK RD CITY: SAN DIEGO STATE: CA ZIP: 92131 BUSINESS PHONE: 6195309394 MAIL ADDRESS: STREET 1: 90 PARK AVE STREET 2: C/O GREENPOINT BANK CITY: NEW YORK STATE: NY ZIP: 10016 FORMER COMPANY: FORMER CONFORMED NAME: GREENPOINT CREDIT CORP DATE OF NAME CHANGE: 19980716 8-K 1 0001.txt FORM 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 report): December 31, 2000 GREENPOINT CREDIT, LLC - -------------------------------------------------------------------------------- (exact name of registrant as specified in charter) DELAWARE - -------------------------------------------------------------------------------- (state or other jurisdiction of incorporation) 333-80437 - -------------------------------------------------------------------------------- (commission file number) 33-0862379 - -------------------------------------------------------------------------------- (I..R.S. employer identification number) 10089 Willow Creek Road San Diego, California 92131 (858) 530-9394 - -------------------------------------------------------------------------------- (address and telephone number of registrant's principal executive offices) Item 5. Other Events (a) Monthly Report The following are filed herewith. The exhibit numbers correspond with Item 601 (b) of Regulation S-K. Exhibit No. Description 4.* Pooling and Servicing Agreement, dated as of March 13, 2000, between GreenPoint Credit, LLC, as Contract Seller and Servicer and The First National Bank of Chicago as Trustee. 99.1 Monthly Investor Servicing Report. * Filed previously with the commission on March 31 2000 as an exhibit to a report on Form 8-K. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized. GREENPOINT CREDIT BY: /s/ Charles O. Ryan ------------------------------ Name: Charles O. Ryan Title: Vice President Dated: January 24, 2001 San Diego, California EX-99.1 2 0002.txt MONTHLY INVESTOR SERVICING REPORT GreenPoint Manufactured Housing Contract Trust Pass Through Certificates Series 2000-1 Investor Number 52000031 Determination Date: 17-Jan-01 Remittance Date: 22-Jan-01 Month End Date: 31-Dec-00 - ------------------------------------------------------------------------------------------------------------------------- (a) Class A-1 Distribution Amount 2,308,302.69 (b) Class A-1 Distribution Principal 2,003,499.94 Scheduled Payments of Principal 254,918.28 Partial Prepayments 185,755.60 Scheduled Principal Balance Principal Prepayment in Full 465,368.27 Scheduled Principal Balance Liquidated Contracts 1,097,457.79 Scheduled Principal Balance Repurchases 0.00 (c) Class A-1 Interest Distribution 304,802.75 Class A-1 Interest Shortfall 0.00 (d) Class A-1 Remaining Certificate Balance 46,778,761.18 (e) Class A-2 Distribution Amount 471,073.33 (f) Class A-2 Distribution Principal 0.00 Scheduled Payments of Principal 0.00 Partial Prepayments 0.00 Scheduled Principal Balance Principal Prepayment in Full 0.00 Scheduled Principal Balance Liquidated Contracts 0.00 Scheduled Principal Balance Repurchases 0.00 (g) Class A-2 Interest Distribution 471,073.33 Class A-2 Interest Shortfall 0.00 (h) Class A-2 Remaining Certificate Balance 74,380,000.00 (i) Class A-3 Distribution Amount 99,125.00 (j) Class A-3 Distribution Principal 0.00 Scheduled Payments of Principal 0.00 Partial Prepayments 0.00 Scheduled Principal Balance Principal Prepayment in Full 0.00 Scheduled Principal Balance Liquidated Contracts 0.00 Scheduled Principal Balance Repurchases 0.00 (k) Class A-3 Interest Distribution 99,125.00 Class A-3 Interest Shortfall 0.00 (l) Class A-3 Remaining Certificate Balance 15,000,000.00 (m) Class A-4 Distribution Amount 474,833.33 (n) Class A-4 Distribution Principal 0.00 Scheduled Payments of Principal 0.00 Partial Prepayments 0.00 Scheduled Principal Balance Principal Prepayment in Full 0.00 Scheduled Principal Balance Liquidated Contracts 0.00 Scheduled Principal Balance Repurchases 0.00 (o) Class A-4 Interest Distribution 474,833.33 Class A-4 Interest Shortfall 0.00 (p) Class A-4 Remaining Certificate Balance 70,000,000.00 (q) Class A-5 Distribution Amount 162,157.33 (r) Class A-5 Distribution Principal 0.00 Scheduled Payments of Principal 0.00 Partial Prepayments 0.00 Scheduled Principal Balance Principal Prepayment in Full 0.00 Scheduled Principal Balance Liquidated Contracts 0.00 Scheduled Principal Balance Repurchases 0.00 (s) Class A-5 Interest Distribution 162,157.33 Class A-5 Interest Shortfall 0.00 (t) Class A-5 Remaining Certificate Balance 24,820,000.00 (u) Class M-1 Distribution Amount 163,625.00 (v) Class M-1 Distribution Principal 0.00 Scheduled Payments of Principal 0.00 Partial Prepayments 0.00 Scheduled Principal Balance Principal Prepayment in Full 0.00 Scheduled Principal Balance Liquidated Contracts 0.00 Scheduled Principal Balance Repurchases 0.00 (w) Unpaid Class M Principal Shortfall 0.00 Class M-1 Liquidation Loss Amount 0.00 Class M-1 Liquidation Loss Interest Amount 0.00 Class M-1 Unpaid Liquidation Loss Interest Shortfall Amount 0.00 Class M-1 Principal Shortfall Amount (x) Class M-1 Interest Distribution 163,625.00 Class M-1 Interest Shortfall 0.00 (y) Class M-1 Remaining Certificate Balance 23,800,000.00 Class M-1 Adjusted Certificate Balance 23,800,000.00 (z) Class M-2 Distribution Amount 174,136.67 (aa) Class M-2 Distribution Principal 0.00 Scheduled Payments of Principal 0.00 Partial Prepayments 0.00 Scheduled Principal Balance Principal Prepayment in Full 0.00 Scheduled Principal Balance Liquidated Contracts 0.00 Scheduled Principal Balance Repurchases 0.00 (bb) Unpaid Class M Principal Shortfall 0.00 Class M-2 Liquidation Loss Amount 0.00 Class M-2 Liquidation Loss Interest Amount 0.00 Class M-2 Unpaid Liquidation Loss Interest Shortfall Amount 0.00 Class M-2 Principal Shortfall Amount 0.00 (cc) Class M-2 Interest Distribution 174,136.67 Class M-2 Interest Shortfall 0.00 (dd) Class M-2 Remaining Certificate Balance 23,800,000.00 Class M-2 Adjusted Certificate Balance 23,800,000.00 (ee) Class B-1 Distribution Amount 140,250.00 (ff) Class B-1 Distribution Principal 0.00 Scheduled Payments of Principal 0.00 Partial Prepayments 0.00 Scheduled Principal Balance Principal Prepayment in Full 0.00 Scheduled Principal Balance Liquidated Contracts 0.00 Scheduled Principal Balance Repurchases 0.00 (gg) Unpaid Class B-1 Principal Shortfall 0.00 Class B-1 Liquidation Loss Amount 0.00 Class B-1 Liquidation Loss Interest Amount 0.00 Class B-1 Unpaid Liquidation Loss Interest Shortfall Amount 0.00 Class B-1 Principal Shortfall Amount 0.00 (hh) Class B-1 Interest Distribution 140,250.00 Class B-1 Interest Shortfall 0.00 (ii) Class B-1 Remaining Certificate Balance 18,700,000.00 Class B-1 Adjusted Certificate Balance 18,700,000.00 (jj) Class B-2 Distribution Amount 191,250.00 (kk) Class B-2 Distribution Principal 0.00 Scheduled Payments of Principal 0.00 Partial Prepayments 0.00 Scheduled Principal Balance Principal Prepayment in Full 0.00 Scheduled Principal Balance Liquidated Contracts 0.00 Scheduled Principal Balance Repurchases 0.00 (ll) Unpaid Class B-2 Principal Shortfall 0.00 Class B-2 Liquidation Loss Amount 0.00 Class B-2 Liquidation Loss Interest Amount 0.00 Class B-2 Unpaid Liquidation Loss Interest Shortfall Amount 0.00 Class B-2 Principal Shortfall Amount 0.00 (mm) Class B-2 Interest Distribution 191,250.00 Class B-2 Interest Shortfall 0.00 (nn) Class B-2 Remaining Certificate Balance 25,500,000.00 Class B-1 Adjusted Certificate Balance 25,500,000.00 (oo) LIBOR 6.6863% Class A-1 Pass Through Rate 6.8163% Class A-2 Pass Through Rate 7.6000% Class A-3 Pass Through Rate 7.9300% Class A-4 Pass Through Rate 8.1400% Class A-5 Pass Through Rate 7.8400% Class M-1 Pass Through Rate 8.2500% Class M-2 Pass Through Rate 8.7800% Class B-1 Pass Through Rate 9.0000% Class B-2 Pass Through Rate 9.0000% (pp) Monthly Servicing Fee 270,651.88 (qq) Delinquency # of Contracts Prin. Balance -------------- ------------- a) One Monthly Payment Delinquent 313 13,503,393.0 b) Two Monthly Payments 68 2,609,562.7 c) Three or more Monthly Payments 124 6,014,538.3 ----------- ------------- 505 22,127,494.1 =========== Difference (rr) Repurchased Contracts Contract Number Repurchase Price Paid by Seller --------------- ---------------- -------------- 0 0.00 0.0 ---------- -------------- Total Repurchases 0.00 0.0 ========== ============== (ss) Repossessions or Foreclosures Number Actual Balance ------ -------------- BOP Repossessions 214 $ 9,395,909.3 Plus Repossessions this 53 2,011,951.0 Month Less Liquidations (35) (1,144,451.78) ------- -------------- EOP Repossessions 232 $ 10,263,408.5 ======= ============== (tt) Senior LOC Draw Amount 0.00 Class B-2 LOC Draw amount 0.00 Senior LOC Undrawn Amount 1,700,000.00 Class B-2 Undrawn LOC amount 25,500,000.00 (uu) Monthly Advance 855,443.29 Outstanding Amount Advanced 2,171,466.00 (vv) Distribution to Class R Certificateholders 0.00 (ww) Net Weighted Average Contract Rate preceeding period 10.41% (xx) Number of Manufactured Homes currently held due to repossession 232 Principal balance of Manufactured Homes currently held 10,263,408.56 (yy) Class A-1 Pool Principal Balance percentage 73.091814% Class A-2 Pool Principal Balance percentage 100.000000% Class A-3 Pool Principal Balance percentage 100.000000% Class A-4 Pool Principal Balance percentage 100.000000% Class A-5 Pool Principal Balance percentage 100.000000% Class M-1 Pool Principal Balance percentage 100.000000% Class M-2 Pool Principal Balance percentage 100.000000% Class B-1 Pool Principal Balance percentage 100.000000% Class B-2 Pool Principal Balance percentage 100.000000% (zz) Aggregate Deficiency Amounts 1,853.42 Servicer Deficiency Amounts received 648.70 (aaa) Deposit into the Certificate amount from the 2000-2 Reserve 0.00 (bbb) Average Sixty-Day elinquency Ratio 2.70% Current Realized Loss Ratio 8.47% Cumulative Realized Losses 3,016,049.54
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