Exhibit 10.1

 

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT,

PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW:

 

Scott B. Rubin

JPMorgan Chase Bank – Structured Finance Services

4 New York Plaza, 6th Floor

New York, NY 10004

Tel: (212) 623-4507 / Fax: (212) 623-5930

Email: scott.b.rubin@chase.com

 

GreenPoint Mortgage Securities, 2003-1

 

Statement to Certificateholders

 

November 25, 2003

 

Distribution In Dollars

--------------------------------------------------------------------------------

Class

--------------------------------------------------------------------------------

  

Original

Face

Value

--------------------------------------------------------------------------------

  

Prior

Principal

Balance

--------------------------------------------------------------------------------

   Principal

--------------------------------------------------------------------------------

   Interest

--------------------------------------------------------------------------------

   Total

--------------------------------------------------------------------------------

  

Realized

Loses

--------------------------------------------------------------------------------

  

Deferred

Interest

--------------------------------------------------------------------------------

  

Current

Principal

Balance

--------------------------------------------------------------------------------

A1

   203,191,000.00    201,159,038.41    604,179.79    749,001.78    1,353,181.57
   0.00    0.00    200,554,858.62

M1

   2,820,000.00    2,818,850.40    595.51    10,495.79    11,091.30    0.00   
0.00    2,818,254.89

M2

   1,044,000.00    1,043,574.40    220.47    3,885.68    4,106.15    0.00   
0.00    1,043,353.93

M3

   835,000.00    834,659.61    176.33    3,107.80    3,284.13    0.00    0.00   
834,483.28

B1

   313,000.00    312,872.41    66.10    1,164.96    1,231.06    0.00    0.00   
312,806.31

B2

   313,000.00    312,872.41    66.10    1,164.96    1,231.06    0.00    0.00   
312,806.31

B3

   421,221.00    421,049.28    88.95    1,567.75    1,656.70    0.00    0.00   
420,960.33

R

   0.00    0.00    0.00    0.03    0.03    0.00    0.00    0.00

TOTALS

   208,937,221.00    206,902,916.92    605,393.25    770,388.75    1,375,782.00
   0.00    0.00    206,297,523.67

 

Factor Information Per $1000 Of Original Face

--------------------------------------------------------------------------------

   Pass-Through Rates

--------------------------------------------------------------------------------

 

Class

--------------------------------------------------------------------------------

   Cusip

--------------------------------------------------------------------------------

  

Prior

Principal

Factor

--------------------------------------------------------------------------------

   Principal

--------------------------------------------------------------------------------

   Interest

--------------------------------------------------------------------------------

   Total

--------------------------------------------------------------------------------

  

Current

Principal

Factor

--------------------------------------------------------------------------------

   Class

--------------------------------------------------------------------------------

  

Current

Pass Thru

Rate

--------------------------------------------------------------------------------

 

A1

   395387AA1    989.99974610    2.97345744    3.68619565    6.65965309   
987.02628866    A1    4.468117 %

M1

   395387AB9    999.59234043    0.21117376    3.72191135    3.93308511   
999.38116667    M1    4.468117 %

M2

   395387AC7    999.59233716    0.21117816    3.72191571    3.93309387   
999.38115900    M2    4.468117 %

M3

   395387AD5    999.59234731    0.21117365    3.72191617    3.93308982   
999.38117365    M3    4.468117 %

B1

   395387AE3    999.59236422    0.21118211    3.72191693    3.93309904   
999.38118211    B1    4.468117 %

B2

   395387AF0    999.59236422    0.21118211    3.72191693    3.93309904   
999.38118211    B2    4.468117 %

B3

   395387AG8    999.59232802    0.21117181    3.72191795    3.93308976   
999.38115621    B3    4.468117 %

TOTALS

             2.89748876    3.68717812    6.58466688    987.36607428            

--------------------------------------------------------------------------------

Available Funds

   1,375,781.99

Scheduled Principal Payments

   43,710.55

Principal Prepayments

   561,682.70

Repurchase Principal

   0.00

Substitution Amounts

   0.00

Net Liquidation Proceeds

   0.00

Insurance Proceeds

   0.00

Other Principal

   0.00

Gross Interest

   815,390.12

Master Servicing Fees

   43,104.77

Trustee Fees

   1,896.61

Current Monthly Advances

   45,001.38

Beginning Number of Loans Outstanding

   493

Beginning Aggregate Loan Balance

   206,902,917.74

Ending Number of Loans Outstanding

   492

Ending Aggregate Loan Balance

   206,297,524.49

 

Delinquent Mortgage Loans

 

Group Totals

--------------------------------------------------------------------------------

 

Category

--------------------------------------------------------------------------------

   Number

--------------------------------------------------------------------------------

  

Principal

Balance

--------------------------------------------------------------------------------

   Percentage

--------------------------------------------------------------------------------

 

1 Month

   0    0.00    0.00 %

2 Month

   0    0.00    0.00 %

3 Month

   0    0.00    0.00 %

Total

   0    0.00    0.00 %

 

* Delinquent Bankruptcies are included in the table above.

 

Bankruptcies

 

Group Totals

--------------------------------------------------------------------------------

 

Number

--------------------------------------------------------------------------------

   Principal
Balance

--------------------------------------------------------------------------------

   Percentage

--------------------------------------------------------------------------------

 

0

   0.00    0.00 %

 

* Only Current Bankruptcies are reflected in the table above.

 

Foreclosures

 

Group Totals

--------------------------------------------------------------------------------

 

Number

--------------------------------------------------------------------------------

   Principal
Balance

--------------------------------------------------------------------------------

   Percentage

--------------------------------------------------------------------------------

 

0

   0.00    0.00 %

 

REO Properties

 

Group Totals

--------------------------------------------------------------------------------

 

Number

--------------------------------------------------------------------------------

   Principal
Balance

--------------------------------------------------------------------------------

   Percentage

--------------------------------------------------------------------------------

 

0

   0.00    0.00 %

 

Book Value of REO Properties

   0.00  

Current Realized Losses

   0.00  

Cumulative Realized Losses

   0.00  

Special Hazard Loss Coverage Amount

   3,762,807.14  

Bankruptcy Coverage Amount

   100,000.00  

Fraud Loss Coverage Amount

   2,008,937.00  

Senior Percentage (for next Distribution Date)

   97.216319 %

Subordinate Percentage (for next Distribution Date)

   2.783681 %

Senior Prepayment Percentage (for next Distribution Date)

   100.000000 %

Subordinate Prepayment Percentage (for next Distribution Date)

   0.000000 %