-----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, GJ7FpDOVwBl9NfMi2jpu4Xkb/8idoVYsQkb1TravVn5/SZHaQ1ayO2VdJvQtw4Ym JjSGoIwnc1VKDcM1rfUvkg== 0001056404-01-000001.txt : 20010122 0001056404-01-000001.hdr.sgml : 20010122 ACCESSION NUMBER: 0001056404-01-000001 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20001226 ITEM INFORMATION: FILED AS OF DATE: 20010104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WELLS FARGO ASSET SEC CORP MORT PASS THROUGH CERT SER 2000 8 CENTRAL INDEX KEY: 0001124443 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 521972128 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-65481-42 FILM NUMBER: 1501458 BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERICK STATE: MD ZIP: 21703 BUSINESS PHONE: 3018468881 MAIL ADDRESS: STREET 1: 11000 BROKEN LAND PKWY CITY: COLUMBIA STATE: MD ZIP: 21044 8-K 1 0001.txt UNITED STATES 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 reported): December 26, 2000 NORWEST ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2000-8 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-65481-42 52-2281821 Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) jurisdiction of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 11000 Broken Land Parkway Columbia, Maryland 21044 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 Former name or former address, if changed since last report) ITEM 5. Other Events On December 26, 2000 a distribution was made to holders of NORWEST ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2000-8 Trust ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2000-8 Trust, relating to the December 26, 2000 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NORWEST ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2000-8 Trust By: Wells Fargo Bank Minnesota, NA as Master Servicer By: /s/ Sherri Sharps, Vice President By: Sherri Sharps, Vice President Date: 12/29/2000 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2000-8 Trust, relating to the December 26, 2000 distribution. EX-99.1 2 0002.txt
Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 11/30/2000 Distribution Date: 12/26/2000 WFMBS Series: 2000-8 Contact: Customer Service - SecuritiesLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 846-8130 Fax: (301) 846-8152 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-PO 94976AAF7 PO 0.00000% 148,954.86 0.00 140.11 A-1 94976AAA8 SEQ 7.00000% 100,472,246.78 586,088.11 464,736.91 A-2 94976AAB6 SEQ 7.00000% 23,774,966.32 138,687.30 -138,687.29 A-3 94976AAC4 SEQ 7.00000% 49,401,345.65 288,174.52 366,676.23 A-4 94976AAD2 SEQ 7.00000% 29,871,000.00 174,247.50 0.00 A-5 94976AAE0 SEQ 7.00000% 23,500,000.00 137,083.33 0.00 A-R 94976AAG5 RES 7.00000% 0.00 0.00 0.00 B-1 94976AAH3 SUB 7.00000% 4,108,169.58 23,964.32 2,987.00 B-2 94976AAJ9 SUB 7.00000% 938,667.82 5,475.56 682.50 B-3 94976AAK6 SUB 7.00000% 587,166.68 3,425.14 426.92 B-4 94976AAL4 SUB 7.00000% 587,166.68 3,425.14 426.92 B-5 94976AAM2 SUB 7.00000% 234,666.95 1,368.89 170.62 B-6 94976AAN0 SUB 7.00000% 352,310.98 2,055.15 6.38 Totals 233,976,662.30 1,363,994.96 697,566.30
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-PO 0.00 148,814.75 140.11 0.00 A-1 0.00 100,007,509.87 1,050,825.02 0.00 A-2 0.00 23,913,653.62 0.01 0.00 A-3 0.00 49,034,669.42 654,850.75 0.00 A-4 0.00 29,871,000.00 174,247.50 0.00 A-5 0.00 23,500,000.00 137,083.33 0.00 A-R 0.00 0.00 0.00 0.00 B-1 0.00 4,105,182.57 26,951.32 0.00 B-2 0.00 937,985.32 6,158.06 0.00 B-3 0.00 586,739.76 3,852.06 0.00 B-4 0.00 586,739.76 3,852.06 0.00 B-5 0.00 234,496.33 1,539.51 0.00 B-6 249.78 352,054.82 2,061.53 354.50 Totals 249.78 233,278,846.22 2,061,561.26 354.50 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-PO 149,232.75 148,954.86 133.60 6.50 0.00 0.00 A-1 101,231,000.00 100,472,246.78 110,737.98 353,998.93 0.00 0.00 A-2 23,500,000.00 23,774,966.32 0.00 0.00 (138,687.29) 0.00 A-3 50,000,000.00 49,401,345.65 87,371.99 279,304.25 0.00 0.00 A-4 29,871,000.00 29,871,000.00 0.00 0.00 0.00 0.00 A-5 23,500,000.00 23,500,000.00 0.00 0.00 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 B-1 4,114,000.00 4,108,169.58 2,987.00 0.00 0.00 0.00 B-2 940,000.00 938,667.82 682.50 0.00 0.00 0.00 B-3 588,000.00 587,166.68 426.92 0.00 0.00 0.00 B-4 588,000.00 587,166.68 426.92 0.00 0.00 0.00 B-5 235,000.00 234,666.95 170.62 0.00 0.00 0.00 B-6 352,810.99 352,310.98 6.38 0.00 0.00 249.78 Totals 235,069,143.74 233,976,662.30 202,943.91 633,309.68 (138,687.29) 249.78 (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-PO 140.11 148,814.75 0.99719901 140.11 A-1 464,736.91 100,007,509.87 0.98791388 464,736.91 A-2 (138,687.29) 23,913,653.62 1.01760228 (138,687.29) A-3 366,676.23 49,034,669.42 0.98069339 366,676.23 A-4 0.00 29,871,000.00 1.00000000 0.00 A-5 0.00 23,500,000.00 1.00000000 0.00 A-R 0.00 0.00 0.00000000 0.00 B-1 2,987.00 4,105,182.57 0.99785673 2,987.00 B-2 682.50 937,985.32 0.99785672 682.50 B-3 426.92 586,739.76 0.99785673 426.92 B-4 426.92 586,739.76 0.99785673 426.92 B-5 170.62 234,496.33 0.99785672 170.62 B-6 256.16 352,054.82 0.99785673 6.38 Totals 697,816.08 233,278,846.22 0.99238395 697,566.30
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-PO 149,232.75 998.13787523 0.89524585 0.04355612 0.00000000 A-1 101,231,000.00 992.50473452 1.09391372 3.49694194 0.00000000 A-2 23,500,000.00 1011.70069447 0.00000000 0.00000000 -5.90158681 A-3 50,000,000.00 988.02691300 1.74743980 5.58608500 0.00000000 A-4 29,871,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-5 23,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,114,000.00 998.58278561 0.72605737 0.00000000 0.00000000 B-2 940,000.00 998.58278723 0.72606383 0.00000000 0.00000000 B-3 588,000.00 998.58278912 0.72605442 0.00000000 0.00000000 B-4 588,000.00 998.58278912 0.72605442 0.00000000 0.00000000 B-5 235,000.00 998.58276596 0.72604255 0.00000000 0.00000000 B-6 352,810.99 998.58278224 0.01808334 0.00000000 0.00000000 (2) Per $1000 denomination
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-PO 0.00000000 0.93886898 997.19900625 0.99719901 0.93886898 A-1 0.00000000 4.59085567 987.91387885 0.98791388 4.59085567 A-2 0.00000000 -5.90158681 1,017.60228170 1.01760228 -5.90158681 A-3 0.00000000 7.33352460 980.69338840 0.98069339 7.33352460 A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.72605737 997.85672581 0.99785673 0.72605737 B-2 0.00000000 0.72606383 997.85672340 0.99785672 0.72606383 B-3 0.00000000 0.72605442 997.85673469 0.99785673 0.72605442 B-4 0.00000000 0.72605442 997.85673469 0.99785673 0.72605442 B-5 0.00000000 0.72604255 997.85672340 0.99785672 0.72604255 B-6 0.70797114 0.72605448 997.85672776 0.99785673 0.01808334 (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-PO 149,232.75 0.00000% 148,954.86 0.00 0.00 0.00 A-1 101,231,000.00 7.00000% 100,472,246.78 586,088.11 0.00 0.00 A-2 23,500,000.00 7.00000% 23,774,966.32 138,687.30 0.00 0.00 A-3 50,000,000.00 7.00000% 49,401,345.65 288,174.52 0.00 0.00 A-4 29,871,000.00 7.00000% 29,871,000.00 174,247.50 0.00 0.00 A-5 23,500,000.00 7.00000% 23,500,000.00 137,083.33 0.00 0.00 A-R 100.00 7.00000% 0.00 0.00 0.00 0.00 B-1 4,114,000.00 7.00000% 4,108,169.58 23,964.32 0.00 0.00 B-2 940,000.00 7.00000% 938,667.82 5,475.56 0.00 0.00 B-3 588,000.00 7.00000% 587,166.68 3,425.14 0.00 0.00 B-4 588,000.00 7.00000% 587,166.68 3,425.14 0.00 0.00 B-5 235,000.00 7.00000% 234,666.95 1,368.89 0.00 0.00 B-6 352,810.99 7.00000% 352,310.98 2,055.15 0.00 0.00 Totals 235,069,143.74 1,363,994.96 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-PO 0.00 0.00 0.00 0.00 148,814.75 A-1 0.00 0.00 586,088.11 0.00 100,007,509.87 A-2 0.00 0.00 138,687.30 0.00 23,913,653.62 A-3 0.00 0.00 288,174.52 0.00 49,034,669.42 A-4 0.00 0.00 174,247.50 0.00 29,871,000.00 A-5 0.00 0.00 137,083.33 0.00 23,500,000.00 A-R 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 23,964.32 0.00 4,105,182.57 B-2 0.00 0.00 5,475.56 0.00 937,985.32 B-3 0.00 0.00 3,425.14 0.00 586,739.76 B-4 0.00 0.00 3,425.14 0.00 586,739.76 B-5 0.00 0.00 1,368.89 0.00 234,496.33 B-6 0.00 0.00 2,055.15 0.00 352,054.82 Totals 0.00 0.00 1,363,994.96 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-PO 149,232.75 0.00000% 998.13787523 0.00000000 0.00000000 0.00000000 A-1 101,231,000.00 7.00000% 992.50473452 5.78961099 0.00000000 0.00000000 A-2 23,500,000.00 7.00000% 1011.70069447 5.90158723 0.00000000 0.00000000 A-3 50,000,000.00 7.00000% 988.02691300 5.76349040 0.00000000 0.00000000 A-4 29,871,000.00 7.00000% 1000.00000000 5.83333333 0.00000000 0.00000000 A-5 23,500,000.00 7.00000% 1000.00000000 5.83333319 0.00000000 0.00000000 A-R 100.00 7.00000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,114,000.00 7.00000% 998.58278561 5.82506563 0.00000000 0.00000000 B-2 940,000.00 7.00000% 998.58278723 5.82506383 0.00000000 0.00000000 B-3 588,000.00 7.00000% 998.58278912 5.82506803 0.00000000 0.00000000 B-4 588,000.00 7.00000% 998.58278912 5.82506803 0.00000000 0.00000000 B-5 235,000.00 7.00000% 998.58276596 5.82506383 0.00000000 0.00000000 B-6 352,810.99 7.00000% 998.58278224 5.82507365 0.00000000 0.00000000 (5) 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-PO 0.00000000 0.00000000 0.00000000 0.00000000 997.19900625 A-1 0.00000000 0.00000000 5.78961099 0.00000000 987.91387885 A-2 0.00000000 0.00000000 5.90158723 0.00000000 1017.60228170 A-3 0.00000000 0.00000000 5.76349040 0.00000000 980.69338840 A-4 0.00000000 0.00000000 5.83333333 0.00000000 1000.00000000 A-5 0.00000000 0.00000000 5.83333319 0.00000000 1000.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 5.82506563 0.00000000 997.85672581 B-2 0.00000000 0.00000000 5.82506383 0.00000000 997.85672340 B-3 0.00000000 0.00000000 5.82506803 0.00000000 997.85673469 B-4 0.00000000 0.00000000 5.82506803 0.00000000 997.85673469 B-5 0.00000000 0.00000000 5.82506383 0.00000000 997.85672340 B-6 0.00000000 0.00000000 5.82507365 0.00000000 997.85672776 (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 42,103.58 Deposits Payments of Interest and Principal 2,027,753.74 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 43,763.88 Realized Losses 0.00 Total Deposits 2,071,517.62 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 52,059.98 Payment of Interest and Principal 2,061,561.26 Total Withdrawals (Pool Distribution Amount) 2,113,621.24 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 48,745.30 Master Servicing Fee 3,314.68 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 52,059.98
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
OTHER INFORMATION Current Period Realized Loss - Includes Interest Shortfall 249.78 Cumulative Realized Losses - Includes Interest Shortfall 354.50 Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 101,443.13
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Next Original $ Original % Current $ Current % Class% Prepayment% Class A 6,817,810.99 2.90034280% 6,803,198.56 2.91633754% 97.081801% 0.000000% Class B-1 2,703,810.99 1.15021944% 2,698,015.99 1.15656264% 1.760898% 60.341948% Class B-2 1,763,810.99 0.75033710% 1,760,030.67 0.75447504% 0.402344% 13.787416% Class B-3 1,175,810.99 0.50019793% 1,173,290.91 0.50295641% 0.251679% 8.624469% Class B-4 587,810.99 0.25005876% 586,551.15 0.25143778% 0.251679% 8.624469% Class B-5 352,810.99 0.15008818% 352,054.82 0.15091588% 0.100586% 3.446854% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.151012% 5.174843% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.04254067% 100,000.00 0.04286715% Fraud 4,701,382.87 2.00000000% 4,701,382.87 2.01534899% Special Hazard 2,435,824.00 1.03621597% 2,435,824.00 1.04416840% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Fixed 30 year - Relocation Weighted Average Gross Coupon 7.834390% Weighted Average Pass-Through Rate 7.000000% Weighted Average Maturity(Stepdown Calculation ) 357 Beginning Scheduled Collateral Loan Count 615 Number Of Loans Paid In Full 1 Ending Scheduled Collateral Loan Count 614 Beginning Scheduled Collateral Balance 233,976,662.30 Ending Scheduled Collateral Balance 233,278,846.22 Ending Actual Collateral Balance at 30-Nov-2000 233,913,205.93 Ending Scheduled Balance For Norwest 232,846,037.49 Ending Scheduled Balance For Other Services 432,808.73 Monthly P &I Constant 1,586,220.84 Class A Optimal Amount 2,017,006.62 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 224,886,127.62 Ending scheduled Balance For discounted Loans 8,392,718.60 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 187,469,085.70 Greater Than 80%, less than or equal to 85% 7,819,042.94 Greater than 85%, less than or equal to 95% 37,995,366.88 Greater than 95% 0.00
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