EX-99.1 2 0002.txt
Salomon Brothers Mortgage Securities VII, Inc. Mortgage Pass-Through Certificates Record Date: 4/30/2000 Distribution Date: 5/25/2000 SBMSVII Series: 2000-LB1 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 79548KW46 SEN_FLT 6.48500% 636,501,214.51 3,439,758.65 6,198,935.92 M-1 79548KW53 SEN_FLT 6.74500% 47,203,000.00 265,320.20 0.00 M-2 79548KW61 SEN_FLT 7.29500% 41,302,000.00 251,081.74 0.00 M-3 79548KW79 SEN_FIX 7.00000% 31,468,000.00 183,563.33 0.00 P SAL00LB1P SEN_FIX 0.00000% 100.00 108,133.87 0.00 CE SAL00L1CE JUN_FIX 0.00000% 21,636,242.75 1,847,470.59 0.00 R-I SAL00L1R1 NPR_NPR 0.00000% 0.00 0.00 0.00 R-II SAL00L1R2 NPR_NPR 0.00000% 0.00 0.00 0.00 R-III SAL00L1R3 NPR_NPR 0.00000% 0.00 0.00 0.00 Totals 778,110,557.26 6,095,328.38 6,198,935.92
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A 0.00 630,302,278.59 9,638,694.57 0.00 M-1 0.00 47,203,000.00 265,320.20 0.00 M-2 0.00 41,302,000.00 251,081.74 0.00 M-3 0.00 31,468,000.00 183,563.33 0.00 P 0.00 100.00 108,133.87 0.00 CE 0.00 21,636,242.75 1,847,470.59 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 Totals 0.00 771,911,621.34 12,294,264.30 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 645,109,000.00 636,501,214.51 425,065.06 5,773,870.86 0.00 0.00 M-1 47,203,000.00 47,203,000.00 0.00 0.00 0.00 0.00 M-2 41,302,000.00 41,302,000.00 0.00 0.00 0.00 0.00 M-3 31,468,000.00 31,468,000.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 CE 21,636,342.75 21,636,242.75 0.00 0.00 0.00 0.00 R-I 0.00 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 0.00 Totals 786,718,442.75 778,110,557.26 425,065.06 5,773,870.86 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 6,198,935.92 630,302,278.59 0.97704772 6,198,935.92 M-1 0.00 47,203,000.00 1.00000000 0.00 M-2 0.00 41,302,000.00 1.00000000 0.00 M-3 0.00 31,468,000.00 1.00000000 0.00 P 0.00 100.00 1.00000000 0.00 CE 0.00 21,636,242.75 0.99999538 0.00 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 R-III 0.00 0.00 0.00000000 0.00 Totals 6,198,935.92 771,911,621.34 0.98117901 6,198,935.92
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A 645,109,000.00 986.65685103 0.65890425 8.95022525 0.00000000 M-1 47,203,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 41,302,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 31,468,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 CE 21,636,342.75 999.99537815 0.00000000 0.00000000 0.00000000 R-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are Per 1,000 Denomination
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A 0.00000000 9.60912950 977.04772153 0.97704772 9.60912950 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 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 CE 0.00000000 0.00000000 999.99537815 0.99999538 0.00000000 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 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 645,109,000.00 6.48500% 636,501,214.51 3,439,758.65 0.00 0.00 M-1 47,203,000.00 6.74500% 47,203,000.00 265,320.20 0.00 0.00 M-2 41,302,000.00 7.29500% 41,302,000.00 251,081.74 0.00 0.00 M-3 31,468,000.00 7.00000% 31,468,000.00 183,563.33 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 CE 21,636,342.75 0.00000% 21,636,242.75 0.00 0.00 0.00 R-I 0.00 0.00000% 0.00 0.00 0.00 0.00 R-II 0.00 0.00000% 0.00 0.00 0.00 0.00 R-III 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 786,718,442.75 4,139,723.92 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 0.00 0.00 3,439,758.65 0.00 630,302,278.59 M-1 0.00 0.00 265,320.20 0.00 47,203,000.00 M-2 0.00 0.00 251,081.74 0.00 41,302,000.00 M-3 0.00 0.00 183,563.33 0.00 31,468,000.00 P 0.00 0.00 108,133.87 0.00 100.00 CE 0.00 0.00 1,847,470.59 0.00 21,636,242.75 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 6,095,328.38 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 645,109,000.00 6.48500% 986.65685103 5.33205807 0.00000000 0.00000000 M-1 47,203,000.00 6.74500% 1000.00000000 5.62083342 0.00000000 0.00000000 M-2 41,302,000.00 7.29500% 1000.00000000 6.07916663 0.00000000 0.00000000 M-3 31,468,000.00 7.00000% 1000.00000000 5.83333323 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 CE 21,636,342.75 0.00000% 999.99537815 0.00000000 0.00000000 0.00000000 R-I 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination.
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 0.00000000 0.00000000 5.33205807 0.00000000 977.04772153 M-1 0.00000000 0.00000000 5.62083342 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 6.07916663 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 5.83333323 0.00000000 1000.00000000 P 0.00000000 0.00000000 1081338.70000000 0.00000000 1000.00000000 CE 0.00000000 0.00000000 85.38737860 0.00000000 999.99537815 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 12,620,745.94 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Total Deposits 12,620,745.94 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 326,481.64 Payment of Interest and Principal 12,294,264.30 Total Withdrawals (Pool Distribution Amount) 12,620,745.94 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 324,212.32 Norwest Bank 2,269.32 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 326,481.64
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 44 6,302,236.55 0.683124% 0.816445% 60 Days 30 5,368,049.97 0.465766% 0.695423% 90+ Days 4 469,922.20 0.062102% 0.060878% Foreclosure 0 0.00 0.000000% 0.000000% REO 0 0.00 0.000000% 0.000000% Totals 78 12,140,208.72 1.210992% 1.572746%
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 0.00
COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 9.736934% Weighted Average Net Coupon 9.236935% Weighted Average Pass-Through Rate 9.233435% Weighted Average Maturity(Stepdown Calculation ) 350 Beginning Scheduled Collateral Loan Count 6,486 Number Of Loans Paid In Full 45 Ending Scheduled Collateral Loan Count 6,441 Beginning Scheduled Collateral Balance 778,110,557.26 Ending Scheduled Collateral Balance 771,911,621.34 Ending Actual Collateral Balance at 30-Apr-2000 771,911,621.34 Monthly P &I Constant 6,738,741.21 Ending Scheduled Balance for Premium Loans 771,911,621.34 Scheduled Principal 425,065.06 Unscheduled Principal 5,773,870.86 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 21,636,242.75 Overcollateralized Amount 0.00 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 21,636,242.75 Extra principal distribution Amount 0.00 Excess Cash Amount 1,847,470.59
Credit Enhancement Percentage 18.87% Loss Severity Percentage 0.00% Aggregate Loss Severity Percentage 0.00% Bankruptcy Reporting $0.00