EX-99.1 2 0002.txt
Option One Mortgage Loan Trust Mortgage Pass-Through Certificates Record Date: 4/30/2000 Distribution Date: 5/25/2000 OOMC Series: 2000-1 Contact: Customer Service - CTSLink Norwest Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 846-8152 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A 68389FAN4 SEQ 6.51750% 133,203,574.77 723,461.91 2,596,101.35 M-1 68389FAP9 SEQ 6.68750% 13,306,000.00 74,153.23 0.00 M-2 68389FAQ7 SEQ 7.18750% 9,444,000.00 56,565.62 0.00 M-3 68389FAR5 SEQ 8.68750% 7,727,000.00 55,940.26 0.00 S 68389FAS3 IO 3.50000% 0.00 50,079.17 0.00 C OPT00010C SUB 69.77040% 6,008,900.01 349,374.04 0.00 R-1 OPT0001R1 RES 0.00000% 0.00 0.00 0.00 R-2 OPT0001R2 RES 0.00000% 0.00 0.00 0.00 R-3 OPT0001R3 RES 0.00000% 0.00 0.00 0.00 R-4 OPT0001R4 RES 0.00000% 0.00 0.00 0.00 P OPT00001P SEQ 0.00000% 100.00 64,605.51 0.00 Totals 169,689,574.78 1,374,179.74 2,596,101.35
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A 0.00 130,607,473.42 3,319,563.26 0.00 M-1 0.00 13,306,000.00 74,153.23 0.00 M-2 0.00 9,444,000.00 56,565.62 0.00 M-3 0.00 7,727,000.00 55,940.26 0.00 S 0.00 0.00 50,079.17 0.00 C 0.00 6,008,900.01 349,374.04 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 R-4 0.00 0.00 0.00 0.00 P 0.00 100.00 64,605.51 0.00 Totals 0.00 167,093,473.43 3,970,281.09 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.
Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A 135,214,000.00 133,203,574.77 0.00 2,596,101.35 0.00 0.00 M-1 13,306,000.00 13,306,000.00 0.00 0.00 0.00 0.00 M-2 9,444,000.00 9,444,000.00 0.00 0.00 0.00 0.00 M-3 7,727,000.00 7,727,000.00 0.00 0.00 0.00 0.00 S 0.00 0.00 0.00 0.00 0.00 0.00 C 6,008,900.01 6,008,900.01 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 0.00 R-4 0.00 0.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 171,700,000.01 169,689,574.78 0.00 2,596,101.35 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A 2,596,101.35 130,607,473.42 0.96593159 2,596,101.35 M-1 0.00 13,306,000.00 1.00000000 0.00 M-2 0.00 9,444,000.00 1.00000000 0.00 M-3 0.00 7,727,000.00 1.00000000 0.00 S 0.00 0.00 0.00000000 0.00 C 0.00 6,008,900.01 1.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 R-3 0.00 0.00 0.00000000 0.00 R-4 0.00 0.00 0.00000000 0.00 P 0.00 100.00 1.00000000 0.00 Totals 2,596,101.35 167,093,473.43 0.97317107 2,596,101.35
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A 135,214,000.00 985.13153054 0.00000000 19.19994490 0.00000000 M-1 13,306,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 9,444,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 7,727,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 S 0.00 0.00000000 0.00000000 0.00000000 0.00000000 C 6,008,900.01 1000.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-4 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 (2) Per $1,000 denomination except for class P which is per $100.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A 0.00000000 19.19994490 965.93158563 0.96593159 19.19994490 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 S 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A 135,214,000.00 6.51750% 133,203,574.77 723,461.92 0.00 0.00 M-1 13,306,000.00 6.68750% 13,306,000.00 74,153.23 0.00 0.00 M-2 9,444,000.00 7.18750% 9,444,000.00 56,565.63 0.00 0.00 M-3 7,727,000.00 8.68750% 7,727,000.00 55,940.26 0.00 0.00 S 0.00 3.50000% 17,170,000.00 50,079.17 0.00 0.00 C 6,008,900.01 69.77040% 6,008,900.01 349,369.44 0.00 0.00 R-1 0.00 0.00000% 0.00 0.00 0.00 0.00 R-2 0.00 0.00000% 0.00 0.00 0.00 0.00 R-3 0.00 0.00000% 0.00 0.00 0.00 0.00 R-4 0.00 0.00000% 0.00 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 Totals 171,700,000.01 1,309,569.65 0.00 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A 0.01 0.00 723,461.91 0.00 130,607,473.42 M-1 0.00 0.00 74,153.23 0.00 13,306,000.00 M-2 0.00 0.00 56,565.62 0.00 9,444,000.00 M-3 0.00 0.00 55,940.26 0.00 7,727,000.00 S 0.00 0.00 50,079.17 0.00 17,170,000.00 C 0.00 0.00 349,374.04 0.00 6,008,900.01 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 R-4 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 64,605.51 0.00 100.00 Totals 0.01 0.00 1,374,179.74 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A 135,214,000.00 6.51750% 985.13153054 5.35049566 0.00000000 0.00000000 M-1 13,306,000.00 6.68750% 1000.00000000 5.57291673 0.00000000 0.00000000 M-2 9,444,000.00 7.18750% 1000.00000000 5.98958386 0.00000000 0.00000000 M-3 7,727,000.00 8.68750% 1000.00000000 7.23958328 0.00000000 0.00000000 S 0.00 3.50000% 1000.00000000 2.91666686 0.00000000 0.00000000 C 6,008,900.01 69.77040% 1000.00000000 58.14199594 0.00000000 0.00000000 R-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-4 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1,000 denomination except for class P which $100.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A 0.00000007 0.00000000 5.35049558 0.00000000 965.93158563 M-1 0.00000000 0.00000000 5.57291673 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 5.98958280 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 7.23958328 0.00000000 1000.00000000 S 0.00000000 0.00000000 2.91666686 0.00000000 1000.00000000 C 0.00000000 0.00000000 58.14276147 0.00000000 1000.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 646055.10000000 0.00000000 1000.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 3,984,598.38 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 56,810.92 Realized Losses 0.00 Total Deposits 4,041,409.30 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 71,128.21 Payment of Interest and Principal 3,970,281.09 Total Withdrawals (Pool Distribution Amount) 4,041,409.30 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES Gross Servicing Fee 70,704.00 Trustee Fee 424.21 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 71,128.21
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 4.60 4.60 1,000.00
CERTIFICATEHOLDER DELINQUENCY/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS Percentage Delinquent Based On Current Unpaid Number Principal Number Unpaid Of Loans Balance Of Loans Balance 30 Days 10 3,086,358.54 1.757469% 1.847085% 60 Days 3 898,360.26 0.527241% 0.537639% 90+ Days 9 2,401,905.90 1.581722% 1.437462% Foreclosure 9 2,563,470.76 1.581722% 1.534154% REO 0 0.00 0.000000% 0.000000% Totals 31 8,950,095.46 5.448155% 5.356341%
(7) The foreclosure, bankruptcy and REO loans are also included in the 30, 60, 90 stratification data. As a result, the foreclosure, bankruptcy, and REO loans will be double counted in the total line amount
OTHER INFORMATION Current Period Realized Loss - Includes Interest Shortfall 0.00 Cumulative Realized Losses - Includes Interest Shortfall 0.00 Principal Balance of Contaminated Properties 0.00 Current Period Class Class A Insufficient Funds 0.00 Periodic Advance 56,810.92
Class M-1 23,180,000.01 13.50029121% 23,180,000.01 13.87247481% 7.963207% 0.000000% Class M-2 13,736,000.01 8.00000001% 13,736,000.01 8.22054849% 5.651926% 0.000000% Class M-3 6,009,000.01 3.49970880% 6,009,000.01 3.59619073% 4.624358% 0.000000% Class S 6,009,000.01 3.49970880% 6,009,000.01 3.59619073% 0.000000% 0.000000% Class C 100.00 0.00005824% 100.00 0.00005985% 3.596131% 0.000000% Class R-I 100.00 0.00005824% 100.00 0.00005985% 0.000000% 0.000000% Class R-II 100.00 0.00005824% 100.00 0.00005985% 0.000000% 0.000000% Class R-III 100.00 0.00005824% 100.00 0.00005985% 0.000000% 0.000000% Class R-IV 100.00 0.00005824% 100.00 0.00005985% 0.000000% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000060% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 9.763932% Weighted Average Net Coupon 9.717805% Weighted Average Pass-Through Rate 0.000000% Weighted Average Maturity(Stepdown Calculation ) 354 Beginning Scheduled Collateral Loan Count 578 Number Of Loans Paid In Full 9 Ending Scheduled Collateral Loan Count 569 Beginning Scheduled Collateral Balance 169,689,574.78 Ending Scheduled Collateral Balance 167,093,473.43 Ending Actual Collateral Balance at 30-Apr-2000 167,130,425.18 Monthly P &I Constant 1,530,187.12 Ending Scheduled Balance for Premium Loans 167,093,473.43 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 6,009,000.01 Overcollateralized Amount 6,009,000.01 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 349,369.44
Bankruptcy 2 481,272.63
Group Level Collateral Statement Group ID 1 2 Total Collateral Description Mixed Fixed Mixed ARM Weighted Average Coupon Rate 9.983497 9.742960 Weighted Average Net Rate 14.720600 9.239960 Weighted Average Maturity 334.00 356.00 Beginning Loan Count 89 489 578 Loans Paid In Full 3 6 9 Ending Loan Count 86 483 569 Beginning Scheduled Balance 14,794,866.17 154,894,708.61 169,689,574.78 Ending scheduled Balance 14,392,398.47 152,701,074.96 167,093,473.43 Record Date 4/30/00 4/30/00 Principal And Interest Constant 196,911.77 1,333,275.35 1,530,187.12 Scheduled Principal 9,219.17 75,664.57 84,883.74 Unscheduled Principal 393,248.53 2,117,969.08 2,511,217.61 Scheduled Interest 187,692.60 1,257,610.78 1,445,303.38 Servicing Fees 6,164.53 64,539.47 70,704.00 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 36.98 387.23 424.21 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 181,491.09 1,192,684.08 1,374,175.17 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00
Delinquency Status By Groups Group 30 Days 60 Days 90 + Days Foreclosure REO Bankruptcy 1 Principal Balance 0.00 0.00 0.00 0.00 0.00 0.00 Percentage Of Balance 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% Loan Count 0 0 0 0 0 0 Percentage Of Loans 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 2 Principal Balance 0.00 0.00 0.00 0.00 0.00 0.00 Percentage Of Balance 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% Loan Count 0 0 0 0 0 0 Percentage Of Loans 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% Totals:Principal Balance 0.00 0.00 0.00 0.00 0.00 0.00 Percentage of Balance 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% Loan Count 0 0 0 0 0 0 Percentage Of Loans 0.000% 0.000% 0.000% 0.000% 0.000% 0.000%