-----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, C3wAM4xUDBG6GHyAkPNUXYBW/YGi1tWBetdFmEB/YyBfEjld60jrY8f6jQV74qX4 wt6uov6aDgNfDzGHqyFJNA== /in/edgar/work/20000606/0000929624-00-000812/0000929624-00-000812.txt : 20000919 0000929624-00-000812.hdr.sgml : 20000919 ACCESSION NUMBER: 0000929624-00-000812 CONFORMED SUBMISSION TYPE: 10-K/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991231 FILED AS OF DATE: 20000606 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HEADLANDS HOME EQUITY LOAN TR 1998-2 REV HOME EQ LN AS BK NO CENTRAL INDEX KEY: 0001087811 STANDARD INDUSTRIAL CLASSIFICATION: [6189 ] IRS NUMBER: 680397342 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K/A SEC ACT: SEC FILE NUMBER: 333-28031-01 FILM NUMBER: 649914 BUSINESS ADDRESS: STREET 1: 700 LARSPUR LANDING CIRCLE STREET 2: STE 240 CITY: LARKSPUR STATE: CA ZIP: 94939 MAIL ADDRESS: STREET 1: 700 LARKSPUR LANDING CIRCLE STREET 2: STE 240 CITY: LARKSPUR STATE: CA ZIP: 94939 10-K/A 1 0001.txt 10-K/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K/A [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 1999 OR [_] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934 For the transition period from __________ to _________. Commission File Number: 333-79833 GREENPOINT MORTGAGE SECURITIES INC. (formerly Headlands Mortgage Securities Inc.) (as Sponsor under the Sale and Servicing Agreement, dated December 1, 1998, providing for the Issuance of the Headlands Home Equity Loan Asset-Backed Notes, Series 1998-2) GREENPOINT MORTGAGE SECURITIES INC. (Exact Name of registrant as specified in its charter) Delaware 68-0397342 (State or other jurisdiction of incorporation or organization) (I.R.S. employer identification no.) 700 Larkspur Landing Circle, Suite 240 94939 Larkspur, CA (Zip code) (Address of principal executive offices) (415) 925-5442 (Registrant's telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: None None (Title of class) (Title of class)
Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [_] Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of Registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [X] State the aggregate market value of the voting stock held by non-affiliates of Registrant. The aggregate market value shall be computed by reference to the price at which the stock was sold, or the average bid and asked prices of such stock, as of specified date within 60 days prior to the date of filing: Not Applicable Documents incorporated by reference: Not Applicable PART IV ITEM 14 - EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K (a) The following documents are filed as part of this report: 3. Exhibits: Exhibit No. Description ----------- ----------- 99.1* Statement of Compliance of the Servicer pursuant to Section 3.09 of the Sale and Servicing Agreement. 99.2 Annual Servicing Report with respect to the Servicer's overall servicing operations pursuant to Section 3.10 of the Sale and Servicing Agreement. 99.3* Statement of Compliance of the Issuer pursuant to Section 3.9 of the Indenture. _________________ *Previously filed. SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Sponsor has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized. By: GREENPOINT MORTGAGE SECURITIES INC., As Sponsor By: /s/ Gilbert J. MacQuarrie ------------------------- Name: Gilbert J. MacQuarrie Title: Vice President, Chief Financial Officer and Secretary Date: May 31, 2000. Pursuant to the requirements of the Securities Exchange Act of 1934, this Report has been signed below by the following persons on behalf of the Sponsor and in the capacities and on the dates indicated: Signature Position Date --------- -------- ---- /s/ S.A. Ibrahim President and Director May 31, 2000 - -------------------------- (Principal Executive Officer) S.A. Ibrahim /s/ Becky S. Poisson Vice President and Director May 31, 2000 - -------------------------- Becky S. Poisson /s/ Gilbert J. MacQuarrie Vice President, Chief Financial May 31, 2000 - -------------------------- Gilbert J. MacQuarrie Officer Secretary and Director /s/ Steven M. Abreu Vice President and Director May 31, 2000 - -------------------------- Steven M. Abreu __________________________ Kenneth Siprelle Director May ___, 2000 __________________________ John Edmonds Director May ___, 2000 INDEX TO EXHIBITS Item 14(C) Exhibit No. Description - ----------- ----------- 99.1* Statement of Compliance of the Servicer pursuant to Section 3.09 of the Sale and Servicing Agreement. 99.2 Annual Servicing Report with respect to the Servicer's overall servicing operations pursuant to Section 3.10 of the Sale and Servicing Agreement. 99.3* Statement of Compliance of the Issuer under the Indenture. _________________ *Previously filed. EX-99.2 2 0002.txt ANNUAL SERVICING REPORT EXHIBIT 99.2 [PRICEWATERHOUSECOOPERS LETTERHEAD] INDEPENDENT ACCOUNTANT'S REPORT To the Board of Directors of GreenPoint Mortgage Funding, Inc. We have examined management's assertion about GreenPoint Mortgage Funding Inc.'s ("GPMF") compliance with the minimum servicing standards identified in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers ("USAP") as of and for the year ended December 31, 1999 included in the accompanying management assertion. Management is responsible for GPMF's compliance with those minimum servicing standards. Our responsibility is to express an opinion on management's assertion about the entity's compliance based on our examination. Our examination was made in accordance with standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about GPMF's compliance with the minimum servicing standards and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on GPMF's compliance with the minimum servicing standards. In our opinion, management's assertion that GPMF complied with the aforementioned minimum servicing standards as of and for the year ended December 31, 1999 is fairly stated, in all material respects. /s/ PricewaterhouseCoopers LLP March 29, 2000 Los Angeles, California [GREENPOINT MORTGAGE FUNDING LETTERHEAD] MANAGEMENT ASSERTION As of and for the period ended December 31, 1999, GreenPoint Mortgage Funding, Inc. has complied in all material respects with the minimum servicing standards set forth in the Mortgage Bankers Association of America's Uniform Single -------------- Attestation Program for Mortgage Bankers. As of and for this same period, - ---------------------------------------- GreenPoint Mortgage Funding, Inc. had in effect a fidelity bond and errors and omissions policy in the amount of $50,000,000 and $20,000,000, respectively. /s/ Dennis Tussey - ------------------------- Dennis Tussey Senior Vice President Loan Administration March 28, 2000 -----END PRIVACY-ENHANCED MESSAGE-----