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

 

March 25, 2004

 

Distribution In Dollars

 

Class

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Original

Face

Value

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Beginning
Principal

Balance

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

   Principal

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

   Interest

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

   Total

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

   Realized
Loses

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

   Deferred
Interest

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

  

Ending

Principal

Balance

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A1

   203,191,000.00    193,329,149.20    1,088,457.71    719,109.64   
1,807,567.35    0.00    0.00    192,240,691.49

M1

   2,820,000.00    2,816,465.54    598.28    10,476.16    11,074.44    0.00   
0.00    2,815,867.26

M2

   1,044,000.00    1,042,691.49    221.49    3,878.41    4,099.90    0.00   
0.00    1,042,470.00

M3

   835,000.00    833,953,45    177.15    3,101.98    3,279.13    0.00    0.00   
833,776.30

B1

   313,000.00    312,607.71    66.41    1,162.78    1,229.19    0.00    0.00   
312,541.30

B2

   313,000.00    312,607.71    66.41    1,162.78    1,229.19    0.00    0.00   
312,541.30

B3

   421,221.00    420,693.05    89.37    1,564.82    1,654.19    0.00    0.00   
420,603.68

R

   0.00    0.00    0.00    0.09    0.09    0.00    0.00    0.00     

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TOTALS

   208,937,221.00    199,068,168.15    1,089,676.82    740,456.66   
1,830,133.48    0.00    0.00    197,978,491.33     

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Factor Information Per $1000 Of Original Face

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

   Pass-Through
Rates

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

 

Class

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

  

Cusip

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

  

Beginning

Principal

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

  

Principal

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

  

Interest

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

  

Total

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

  

Ending

Principal

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

  

Class

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

  

Current

Pass Thru

Rate

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A1

   395387AA1    951.46512001    5.35682048    3.53908214    8.89590262   
946.10829953    A1    4.463536 %

M1

   395387AB9    998.74664539    0.21215603    3.71495035    3.92710638   
998.53448936    M1    4.463536 %

M2

   395387AC7    998.74663793    0.21215517    3.71495211    3.92710728   
998.3448276    M2    4.463536 %

M3

   395387AD5    998.74664671    0.21215569    3.7149611    3.92710180   
998.53449102    M3    4.463536 %

B1

   395387AE3    998.74667732    0.21217252    3.71495208    3.92712460   
998.53450479    B1    4.463536 %

B2

   395387AF0    998.74667732    0.21217252    3.71495208    3.92712460   
998.53450479    B2    4.463536 %

B3

   395387AG8    998.74661995    0.21216891    3.71496198    3.92713089   
998.53445104    B3    4.463536 %          

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TOTALS

        952.76546322    5.21533126    3.54391935    8.75925061    947.55013196
                     

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Available Funds

   1,830,133.47

Scheduled Principal Payments

   42,286.83

Principal Prepayments

   1,047,389.98

Repurchase Principal

   0.00

Substitution Amounts

   0.00

Net Liquidation Proceeds

   0.00

Insurance Proceeds

   0.00

Other Principal

   0.00

Gross Interest

   783,753.99

Master Servicing Fees

   41,472.54

Trustee Fees

   1,824.79

Current Monthly Advances

   39,202.86

Beginning Number of Loans Outstanding

   474

Beginning Aggregate Loan Balance

   199,068,168.95

Ending Number of Loans Outstanding

   472

Ending Aggregate Loan Balance

   197,978,492.14

 

Delinquent Mortgage Loans

 

Group Totals

                

Category

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

   Number

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

  

Principal

Balance

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

   Percentage

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

 

1 Month

   1    174,139.44    0.09 %

2 Month

   0    0.00    0.00 %

3 Month

   1    1,350,000.00    0.68 %

Total

   2    1,524,139.44    0.77 %

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* Delinquent Bankruptcies are included in the table above.

 

Bankruptcies

 

Group Totals

           

Number

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

  

Principal

Balance

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

   Percentage

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

  0    0.00    0.00 %

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* Only Current Bankruptcies are reflected in the table above.

 

Foreclosures

 

Group Totals

           

Number

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

   Principal
Balance

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

   Percentage

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  0    0.00    0.00 %

 

REO Properties

 

Group Totals

           

Number

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Principal

Balance

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

   Percentage

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  0    0.00    0.00 %

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Book Value of REO Properties

   0.00  

Current Realized Losses

   0.00  

Cumulative Realized Losses

   0.00  

Special Hazard Loss Coverage Amount

   3,739,038.08  

Bankruptcy Coverage Amount

   100,000.00  

Fraud Loss Coverage Amount

   2,008,937.00  

Senior Percentage (for next Distribution Date)

   97.101806 %

Subordinate Percentage (for next Distribution Date)

   2.898194 %

Senior Prepayment Percentage (for next Distribution Date)

   100.000000 %

Subordinate Prepayment Percentage (for next Distribution Date)

   0.000000 %