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

 

October 27, 2003

 

Distribution In Dollars

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Class

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   Original Face
Value

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   Prior
Principal
Balance

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   Principal

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   Interest

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   Total

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   Realized
Loses

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   Deferred
Interest

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   Current
Principal
Balance

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A1

   203,191,000.00    203,138,492.81    1,979,454.40    756,682.24   
2,736,136.64    0.00    0.00    201,159,038.41

M1

   2,820,000.00    2,819,421.20    570.80    10,502.22    11,073.02    0.00   
0.00    2,818,850.40

M2

   1,044,000.00    1,043,785.72    211.32    3,888.06    4,099.38    0.00   
0.00    1,043,574.40

M3

   835,000.00    834,828.62    169.01    3,109.70    3,278.71    0.00    0.00   
834,659.61

B1

   313,000.00    312,935.76    63.35    1,165.67    1,229.02    0.00    0.00   
312,872.41

B2

   313,000.00    312,935.76    63.35    1,165.67    1,229.02    0.00    0.00   
312,872.41

B3

   421,221.00    421,134.54    85.26    1,568.71    1,653.97    0.00    0.00   
421,049.28

R

   0.00    0.00    0.00    0.04    0.04    0.00    0.00    0.00     

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TOTALS

   208,937,221.00    208,883,534.41    1,980,617.49    778,082.31   
2,758,699.80    0.00    0.00    206,902,916.92     

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Factor Information Per $1000 Of Original Face

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   Pass-Through
Rates

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Class

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   Cusip

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   Prior
Principal
Factor

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   Principal

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   Interest

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   Total

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   Current
Principal
Factor

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   Class

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   Current
Pass
Thru
Rate

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A1

   395387AA1    999.74158703    9.74184093    3.72399486    13.46583579   
989.99974610    A1    4.469949 %

M1

   395387AB9    999.79475177    0.20241135    3.72419149    3.92660284   
999.59234043    M1    4.469949 %

M2

   395387AC7    999.79475096    0.20241379    3.72419540    3.92660920   
999.59233716    M2    4.469949 %

M3

   395387AD5    999.79475449    0.20240719    3.72419162    3.92659880   
999.59234731    M3    4.469949 %

B1

   395387AE3    999.79476038    0.20239617    3.72418530    3.92658147   
999.59236422    B1    4.469949 %

B2

   395387AF0    999.79476038    0.20239617    3.72418530    3.92658147   
999.59236422    B2    4.469949 %

B3

   395387AG8    999.79473958    0.20241156    3.72419704    3.92660860   
999.59232802    B3    4.469949 %     

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TOTALS

        999.74304918    9.47948614    3.72400047    13.20348661    990.26356304
                

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Available Funds

                    2,758,699.81  

Scheduled Principal Payments

                    42,289.08  

Principal Prepayments

                    1,938,328.42  

Repurchase Principal

                    0.00  

Substitution Amounts

                    0.00  

Net Liquidation Proceeds

                    0.00  

Insurance Proceeds

                    0.00  

Other Principal

                    0.00  

Gross Interest

                    823,514.48  

Master Servicing Fees

                    43,517.40  

Trustee Fees

                    1,914.77  

Current Monthly Advances

                    127,396.12  

Beginning Number of Loans Outstanding

               497  

Beginning Aggregate Loan Balance

                    208,883,535.24  

Ending Number of Loans Outstanding

                    493  

Ending Aggregate Loan Balance

                    206,902,917.74  

Delinquent Mortgage Loans

                             Group Totals                                       
Principal                    Category    Number    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                                  
Principal                         Number    Balance    Percentage              
     0    0.00    0.00 %            

* Only Current Bankruptcies are reflected in the table above.

           

Foreclosures

                                  Group Totals                                  
Principal                         Number    Balance    Percentage              
     0    0.00    0.00 %            

REO Properties

                                  Group Totals                                  
Principal                         Number    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

               3,768,689.42  

Bankruptcy Coverage Amount

                    100,000.00  

Fraud Loss Coverage Amount

                    2,008,937.00  

Senior Percentage (for next Distribution Date)

               0.972239 %

Subordinate Percentage (for next Distribution Date)

               0.027761 %

Senior Prepayment Percentage (for next Distribution Date)

        1.000000 %

Subordinate Prepayment Percentage (for next Distribution Date)

        0.000000 %