Document:

<PAGE>

                                 Exhibit 10.1

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------
                                                        RECONCILIATION REPORT
<S>                   <C>                                                     <C>                                 <C>
                                                                              ISSUE DATE       :                    00-Jan-00
DEAL NAME:            GREENPOINT HOME EQUITY LOAN TRUST 2000-2                DISTRIBUTION DATE:                    15-Dec-00
                      Home Equity Loan Asset-Backed Securities, Series 2000-2 DETERMINATION DATE                    00-Jan-00
                                                                              RUN DATE:                             11-Dec-00
                                                                                                                  11:52:30 AM
------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------
I.  CASH RECONCILIATION
--------------------------------------------------------------------------------------------------------------
<S>                                                       <C>                    <C>            <C>
A.  Cash Available for Distribution                            Group 1           Group 2          Total
                                                               -------           -------          -----
Net Collections Interest Collections - per Servicer         $ 2,387,574.32       $706,415.44   $ 3,093,989.76
Report
Principal Collections - per Servicer                        $11,328,998.14     $3,731,517.91   $15,060,516.05
Report
Residual Advance                                            $         0.00             $0.00   $         0.00
Cash Released from Reserve Account                          $         0.00             $0.00   $         0.00
Additional Balances                                         ($6,001,932.00)   ($2,434,134.52)  ($8,436,066.52)
----------------------                                        ------------------------------------------------
Total Deposit to Collection Account                          $7,714,640.46     $2,003,798.83    $9,718,439.29
</TABLE>

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------
II.  DISTRIBUTION SUMMARY AND RECONCILIATION
--------------------------------------------------------------------------------------------------------------

A. Amounts Distributed:
<S>                                                             <C>             <C>            <C>
Section 5.01
Trustee Fee                                                         $2,004.79        $579.41        $2,584.20
Premium to Credit Enhancer                                         $36,131.42     $10,474.37       $46,605.79
Freddie Mac Guarantee Fee                                          $11,205.27          $0.00       $11,205.27
Investor Certificate Interest and Unpaid Investor               $1,512,711.66    $443,376.77    $1,956,088.43
Certificate Interest

Reserve Fund Deposit / (Withdrawal)                                     $0.00    $167,989.93      $167,989.93

Class A Investor Certificate Principal Distributed              $6,152,587.32  $1,381,378.35    $7,533,965.67
Management Fee                                                          $0.00          $0.00            $0.00
Residual Payment                                                        $0.00          $0.00            $0.00
                                                              ------------------------------------------------

Total Distributions                                             $7,714,640.46  $2,003,798.83    $9,718,439.29

Difference (Remains in Collections
Account)                                                                $0.00          $0.00            $0.00
                                                              ================================================

Balance
-------
Reconciliation
--------------
Loan Group Beginning Balance                                   267,305,097.70  77,254,075.98  $344,559,173.68
Loan Group Ending Balance                                      261,978,031.56  75,956,692.59   337,934,724.15
                                                              -----------------------------------------------
Change in Balance                                                5,327,066.14   1,297,383.39    $6,624,449.53
Principal Collections                                           11,328,998.14   3,731,517.91   $15,060,516.05
Liquidation Loss Amount                                                  0.00           0.00            $0.00
Additional Balances                                              6,001,932.00   2,434,134.52    $8,436,066.52
                                                              -----------------------------------------------
Balance Check                                                           (0.00)          0.00            (0.00)
                                                              ================================================
</TABLE>
<PAGE>

                       GREENPOINT HOME EQUITY LOAN TRUST
                   Home Equity Loan Asset-Backed Securities

                                 Series 2000-2

                     Distribution Date: December 15, 2000
<TABLE>
<CAPTION>
                Original        Beginning                                                                 Ending
                Investor         Investor                                     Investor                   Investor
               Certificate     Certificate                                   Certificate   Investor    Certificate
                Principal       Principal       Principal      Interest     Distribution     Loss       Principal
   Class         Balance         Balance       Distribution  Distribution      Amount       Amount       Balance
----------------------------------------------------------------------------------------------------------------------
<S>          <C>              <C>              <C>           <C>             <C>           <C>        <C>
    A-1       275,831,000.00  $268,926,516.49  $6,152,587.32 $1,512,711.66   $7,665,298.98     $0.00  $262,773,929.17
    A-2        77,669,000.00   $77,558,618.71  $1,381,378.35   $443,376.77   $1,824,755.12     $0.00   $76,177,240.36
     R                 $0.00            $0.00          $0.00         $0.00           $0.00     $0.00            $0.00
   TOTAL     $353,500,000.00  $346,485,135.20  $7,533,965.67 $1,956,088.43   $9,490,054.10     $0.00  $338,951,169.53
</TABLE>

                            AMOUNTS PER $1,000 UNIT

<TABLE>
<CAPTION>
                                                 Beginning                                                 Ending
                                                 Investor                                   Investor      Investor
                                                Certificate                               Certificate    Certificate
                                                 Principal     Principal     Interest     Distribution    Principal
   Class                   CUSIP                  Balance    Distribution  Distribution      Amount        Balance
----------------------------------------------------------------------------------------------------------------------
<S>                <C>                         <C>           <C>           <C>            <C>           <C>
    A-1            395385AD9 / T029TPMT3        974.96842810   22.30564121    5.48419743    27.78983863  952.66278689
    A-2            395385AE7 / T029TPMU0        998.57882437   17.78545306    5.70854228    23.49399533  980.79337132
</TABLE>

   Investor Certificate Rates
                  Investor
   Class      Certificate Rate
    A-1           6.75000%
    A-2           6.86000%

Investor Certificate Rates based on a LIBOR of:       6.62000%

PLEASE DIRECT ANY QUESTIONS OR COMMENTS TO THE FOLLOWING
ADMINISTRATOR:

                                 Steven Charles
                                 Bank One, NA
                                 1 Bank One Plaza
                                 Chicago, IL 60670
<PAGE>

                   Information pursuant to Section 8.8 of the
                      Pooling Agreement dated Sept. 1, 2000

<TABLE>
<CAPTION>
                                                                              Group 1           Group 2
                                                                        -------------------------------------
<S>                                                                     <C>                    <C>
(i)      Unpaid Investor Certificate Interest Shortfall paid                           0.00             0.00
         Per $1000 of Original Investor Certificate Principal Balance             0.0000000        0.0000000

(ii)     Remaining Unpaid Investor Certificate Interest Shortfall                      0.00             0.00
         Per $1000 of Original Investor Certificate Principal Balance             0.0000000        0.0000000

(iii)    Servicing Fee                                                           111,377.12        32,189.20
         Gross Interest Collections                                            2,498,951.44       738,604.64

(iv)     Original Pool Balance                                               272,350,187.97    77,615,878.87
         Beginning Pool Balance                                              267,305,097.70    77,254,075.98
         Loans Removed                                                                 0.00             0.00
         Loans Added                                                                   0.00             0.00
         Adjuated Beginning Pool Balance                                     267,305,097.70    77,254,075.98
         Principal Collections                                                11,328,998.14     3,731,517.91
         Additional Balances                                                   6,001,932.00     2,434,134.52
         Ending Pool Balance                                                 261,978,031.56    75,956,692.59

(v)      Delinquency Information
</TABLE>

<TABLE>
<CAPTION>
                                        Group 1                                   Group 2
                          -----------------------------------------------------------------------------------

                                                   % of Group                                    % of Group
                           Count      Balance         Bal              Count        Balance         Bal
                          -----------------------------------------------------------------------------------
<S>                       <C>       <C>            <C>               <C>          <C>            <C>
            30-59 days       57      3,229,437.11    1.232713%             9       836,990.09      1.101931%
            60-89 days        9        455,032.44    0.173691%             1       189,279.60      0.249194%
           90-119 days        2         73,700.00    0.028132%             0             0.00      0.000000%
           120-149 days       0              0.00    0.000000%             0             0.00      0.000000%
           150-179 days       0              0.00    0.000000%             0             0.00      0.000000%
         180 days or more     0              0.00    0.000000%             0             0.00      0.000000%
              Total          68      3,758,169.55    1.434536%            10     1,026,269.69      1.351125%
</TABLE>

(vi)     Foreclosure, REO and Bankruptcy Information

<TABLE>
<CAPTION>
                                        Group 1                                   Group 2
                          -----------------------------------------------------------------------------------

                                                   % of Group                                    % of Group
                           Count      Balance         Bal              Count        Balance         Bal
                          -----------------------------------------------------------------------------------
<S>                       <C>        <C>          <C>                  <C>       <C>             <C>
           Foreclosure       1       78,120.83       0.029820%           1        700,000.00       0.921578%
               REO           0            0.00       0.000000%           0              0.00       0.000000%
           Bankruptcies      7      358,018.33       0.136660%           0              0.00       0.000000%
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                                                                   Group 1        Group 2
                                                                                -----------------------------
<S>                                                                             <C>               <C>
(vii)    Liquidation Loss Amount (Current Period)                                       0.00            0.00
         Liquidation Loss Amount (Cumulative)                                           0.00            0.00

         Cumulative Liquidation Loss:
         Percentage of Original Balance                                                 0.00%           0.00%
         Percentage of Current Balance                                                  0.00%           0.00%

(viii)   Six Month Rolling Pool Delinquency Rate                                          NA              NA

(ix)     Book Value of REO Properties                                                   0.00            0.00

(x)      Draws: Policy                                                                  0.00
         Demand Note                                                                    0.00

(xi)     Accelerated Principal Distribution Amount                                825,521.18       83,994.96

(xii)    Funds on deposit in the Reserve Fund (Beginning of Period)               220,762.58
         Reserve Fund Deposit                                                     167,989.93
         Reserve Fund Withdrawal                                                        0.00
         Funds on deposit in the Reserve Fund (End of Period)                     388,752.51

(xiii)   Has an Event of Servicing Termination occurred?                                                  NO
         Has an Insurer Default occurred?                                                                 NO

(xiv)    Has the Managed Amortization period ended and the Rapid Amortization
         Period begun?                                                                                    NO

(xv)     Specified Overcollateralization Amount                                 6,127,879.23    1,746,357.27
         Overcollateralization Amount                                                   0.00            0.00
</TABLE><PAGE>

                                 Exhibit 10.1

CONTACTS
--------------------------------------------------------------------------

        Administrator:        Barbara A Campbell
        Direct Phone No:      (714)247-6278
        Address:              Deutsche Bank
                              1761 E. St. Andrew Place
                              Santa Ana, CA 92705

        Web Site:             http://www-apps.gis.deutsche-bank.com/invr
        Factor Information:   (800) 735-7777
        Main Phone No:        (714) 247-6000

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

<TABLE>
<CAPTION>
ISSUANCE
INFORMATION
-------------------------------------------------------------------------------------------------------------------------
<S>                       <C>                                              <C>                   <C>
      Seller:                  GreenPoint Mortgage                               Cut-Off Date:         May 31, 2000
      Certificate Insurer:     AMBAC Assurance Corporation                       Closing Date:         June 29, 2000

      Servicer(s):             GreenPoint Mortgage - Master Servicer             First Payment Date:   July 17, 2000

      Underwriter(s):          Greenwich Capital Markets, Inc. - Underwriter     Distribution Date:    December 15, 2000
                                                                                 Record Date:          December 14, 2000
                                                                                                       November 30, 2000

-------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>

                   GreenPoint Home Equity Loan Trust 2000-1
                   Home Equity Loan Asset-Backed Securities
                                 Series 2000-1
         Certificate Payment Report for December 15, 2000 Distribution

<TABLE>
<CAPTION>
Distribution in Dollars - Current Period
----------------------------------------------------------------------------------------------------------------------------------
                                     Prior                                                                             Current
         Class     Original        Principal                                     Total        Realized   Deferred     Principal
Class    Type     Face Value        Balance        Interest     Principal     Distribution     Losses    Interest      Balance
----------------------------------------------------------------------------------------------------------------------------------
<S>    <C>       <C>             <C>             <C>           <C>            <C>             <C>        <C>        <C>
                                      (1)             (2)          (3)        (4)=(2)+(3)       (5)        (6)       (7)=(1)-(3)-
                                                                                                                        (5)+(6)
----------------------------------------------------------------------------------------------------------------------------------
 A-1   FLT,STEP  244,172,000.00  224,010,008.29  1,260,056.30  6,300,055.18   7,560,111.48           -          -   217,709,953.11
 A-2   FLT,STEP  108,598,000.00   91,476,295.67    523,701.79  2,269,692.22   2,793,394.01           -          -    89,206,603.45
  R                           -               -             -             -              -           -          -                -

----------------------------------------------------------------------------------------------------------------------------------
Total            352,770,000.00  315,486,303.96  1,783,758.09  8,569,747.40  10,353,505.49           -          -   306,916,556.56
----------------------------------------------------------------------------------------------------------------------------------

<CAPTION>
Interest Accrual Detail           Current Period Factor Information per $1,000 of Original Face
----------------------------------------------------------------------------------------------------------------------------------
                                                  Orig. Principal       Prior                                            Current
         Period     Period                         (with Notional)    Principal                              Total      Principal
Class    Starting   Ending   Method     Cusip         Balance          Balance     Interest    Principal  Distribution   Balance
----------------------------------------------------------------------------------------------------------------------------------
<S>      <C>        <C>      <C>      <C>        <C>                 <C>           <C>         <C>        <C>            <C>
                                                                         (1)          (2)         (3)      (4)=(2)+(3)     (5)
----------------------------------------------------------------------------------------------------------------------------------
 A-1                       A-Act/360  3133TPCH0    244,172,000.00    917.427094    5.160527    25.801710    30.962238   891.625383
 A-2                       A-Act/360  395385AC1    108,598,000.00    842.338677    4.822389    20.899945    25.722334   821.438732
  R                                -                            -             -           -            -            -            -

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

<CAPTION>
Distribution in Dollars - to Date
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                      Current
          Original                    Unscheduled     Scheduled       Total         Total       Realized   Deferred   Principal
Class    Face Value      Interest      Principal      Principal     Principal    Distribution    Losses    Interest    Balance
----------------------------------------------------------------------------------------------------------------------------------
<S>    <C>             <C>           <C>            <C>           <C>            <C>            <C>        <C>       <C>
             (1)            (2)           (3)           (4)        (5)=(3)+(4)    (6)=(2)+(5)      (7)        (8)    (9)=(1)-(5)-
                                                                                                                       (7)+(8)
----------------------------------------------------------------------------------------------------------------------------------

 A-1   244,172,000.00  7,441,431.58  24,942,454.89  1,519,592.00  26,462,046.89  33,903,478.47        -          -  217,709,953.11
 A-2   108,598,000.00  3,213,895.28  18,819,820.85    571,575.70  19,391,396.55  22,605,291.83        -          -   89,206,603.45
  R                 -             -              -             -              -              -        -          -               -

----------------------------------------------------------------------------------------------------------------------------------
Total  352,770,000.00 10,655,326.86  43,762,275.74  2,091,167.70  45,853,443.44  56,508,770.30        -          -  306,916,556.56
----------------------------------------------------------------------------------------------------------------------------------

<CAPTION>
Interest Detail
----------------------------------------------------------------------------------------------------------------------------------
                  Prior Principal
        Pass-         (with                        Non-          Prior    Unscheduled                     Paid or       Current
       Through      Notional)       Accrued      Supported      Unpaid     Interest        Optimal        Deferred      Unpaid
Class    Rate        Balance       Interest     Interest SF    Interest   Adjustments      Interest       Interest     Interest
----------------------------------------------------------------------------------------------------------------------------------
<S>    <C>       <C>             <C>            <C>             <C>       <C>           <C>            <C>            <C>
                                      (1)           (2)           (3)         (4)          (5)=(1)-         (6)       (7)=(5)-(6)
                                                                                          (2)+(3)+(4)
----------------------------------------------------------------------------------------------------------------------------------
 A-1   6.75000%  224,010,008.29  1,260,056.30             -           -             -    1,260,056.30   1,260,056.30            -
 A-2   6.87000%   91,476,295.67    523,701.79             -           -             -      523,701.79     523,701.79            -
  R                           -             -             -           -             -               -              -            -

----------------------------------------------------------------------------------------------------------------------------------
Total            315,486,303.96  1,783,758.09             -           -             -    1,783,758.09   1,783,758.09            -
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>

--------------------------------------------------------------------------------
                            Collection Account Report
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
SUMMARY                                                                    POOL II          POOL I            TOTAL
--------------------------------------------------------------------------------------------------------------------
<S>                                                                  <C>             <C>              <C>
    Net Principal Collections                                         1,912,718.77    5,367,475.02     7,280,193.79

    TOTAL PRINCIPAL                                                   1,912,718.77    5,367,475.02     7,280,193.79

    Interest Collections                                                894,745.73    2,236,427.62     3,131,173.35
    Interest Fees                                                       (14,070.49)     (43,791.16)      (57,861.65)

    TOTAL INTEREST                                                      880,675.24    2,192,636.46     3,073,311.70

    TOTAL AVAILABLE FUNDS                                             2,793,394.01    7,560,111.48    10,353,505.49

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

<CAPTION>
PRINCIPAL - COLLECTIONS                                                    POOL II          POOL I            TOTAL
--------------------------------------------------------------------------------------------------------------------
<S>                                                                  <C>             <C>              <C>
    Principal Collections                                             3,677,367.83    8,926,010.24    12,603,378.07
    Repurchases/Substitutions                                                 0.00            0.00             0.00
    Liquidations                                                              0.00            0.00             0.00
    Insurance Principal                                                       0.00            0.00             0.00
    Liquidation Loss Amounts                                                  0.00            0.00             0.00
    Additional Balances                                              (1,764,649.06)  (3,558,535.22)   (5,323,184.28)

    TOTAL PRINCIPAL COLLECTED                                         1,912,718.77    5,367,475.02     7,280,193.79

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

<CAPTION>
PRINCIPAL - WITHDRAWALS                                                    POOL II          POOL I         TOTAL
--------------------------------------------------------------------------------------------------------------------
<S>                                                                        <C>             <C>             <C>
                         SPACE INTENTIONALLY LEFT BLANK

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

<CAPTION>
PRINCIPAL - OTHER ACCOUNTS                                                 POOL II          POOL I            TOTAL
--------------------------------------------------------------------------------------------------------------------
<S>                                                                  <C>             <C>              <C>
                         SPACE INTENTIONALLY LEFT BLANK

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

<CAPTION>
INTEREST - COLLECTIONS                                                     POOL II          POOL I            TOTAL
--------------------------------------------------------------------------------------------------------------------
<S>                                                                    <C>            <C>              <C>
    Interest Collections                                                933,177.40    2,330,600.19     3,263,777.59
    Repurchases/Substitutions                                                 0.00            0.00             0.00
    Liquidations                                                              0.00            0.00             0.00
    Insurance                                                                 0.00            0.00             0.00
    Interest
    Other Additional Interest                                                 0.00            0.00             0.00
    Current Servicing Fee                                               (38,431.67)     (94,172.57)     (132,604.24)

    TOTAL INTEREST                                                      894,745.73    2,236,427.62     3,131,173.35
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
INTEREST - WITHDRAWALS                                                     POOL II          POOL I         TOTAL
----------------------------------------------------------------------------------------------------------------
<S>                                                                       <C>              <C>             <C>
                         SPACE INTENTIONALLY LEFT BLANK

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

<CAPTION>
INTEREST - OTHER ACCOUNTS                                                  POOL II          POOL I         TOTAL
----------------------------------------------------------------------------------------------------------------
<S>                                                                       <C>              <C>             <C>
                         SPACE INTENTIONALLY LEFT BLANK

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

<CAPTION>
INTEREST - FEES                                                            POOL II          POOL I         TOTAL
----------------------------------------------------------------------------------------------------------------
<S>                                                                       <C>              <C>             <C>
    Trustee Fee                                                             730.20        1,789.28      2,519.48
    Certificate Insurer Premium                                          13,340.29       32,668.13     46,008.42
    Guarantee Fee                                                             0.00        9,333.75      9,333.75
    Management Fee                                                            0.00            0.00          0.00

    TOTAL INTEREST FEES                                                  14,070.49       43,791.16     57,861.65
----------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>

--------------------------------------------------------------------------------
                            Credit Enhancement Report
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
ACCOUNTS                                                                   POOL II         POOL I           TOTAL
------------------------------------------------------------------------------------------------------------------
<S>                                                                        <C>             <C>             <C>
    Beginning Reserve Fund Balance                                            0.00           0.00            0.00
    Curr Period Amounts Dep to Res Fund                                       0.00           0.00            0.00
    Curr Withdrawal from Reserve Fund                                         0.00           0.00            0.00
    Reserve Fund Balance                                                      0.00           0.00            0.00

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

<CAPTION>
INSURANCE                                                                  POOL II         POOL I           TOTAL
------------------------------------------------------------------------------------------------------------------
<S>                                                                       <C>             <C>             <C>
    Insured Amount                                                            0.00           0.00            0.00
    Reimbursements to the Insurer                                             0.00           0.00            0.00
    Cumulative Insurance Payment                                              0.00           0.00            0.00

    Draws on the Policy                                                       0.00           0.00            0.00
    Draws on the Demand Note                                                  0.00           0.00            0.00

    Interest portion of Guarantee Payment                                     0.00           0.00            0.00
    Principal portion of Guarantee Payment                                    0.00           0.00            0.00
    Guarantee Payment for this date                                           0.00           0.00            0.00
    Cumulative Guaranty Payments                                              0.00           0.00            0.00

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

<CAPTION>
STRUCTURAL FEATURES                                                        POOL II         POOL I           TOTAL
------------------------------------------------------------------------------------------------------------------
<S>                                                                  <C>             <C>             <C>
    Pool Delinquency Rate                                                   1.3617%        0.5688%
    Rolling Six-month Pool Delinquency Rate                                 0.6212%        0.3563%

    Prior Overcollateralization Amount                                  759,714.38   2,004,155.49    2,763,869.87
    Specified Overcollateralization Amount                            2,425,281.26   5,452,977.96    7,878,259.22
    Overcollateralization Amount                                      1,116,687.83   2,936,735.65    4,053,423.48
    Overcollateralization Deficiency Amount                           1,308,593.43   2,516,242.31    3,824,835.74

    Overcollateralization Deficit                                             0.00           0.00            0.00
    Overcollateralization Reduction Amount                                    0.00           0.00            0.00
    Step-Up Overcollateralization Amount                              5,389,513.91  12,117,728.81   17,507,242.71

    Current Accelerated Principal Payment                               356,973.45     932,580.16    1,289,553.61
    Cumulative Accelerated Principal Payment                          1,924,409.71   4,754,159.50    6,678,569.21
----------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>

--------------------------------------------------------------------------------
                                Collateral Report
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
COLLATERAL                                                                 POOL II           POOL I            TOTAL
---------------------------------------------------------------------------------------------------------------------
<S>                                                                        <C>              <C>              <C>
    Loan Count:
    Original                                                                  1258             5996             7254
    Prior                                                                    1,082            5,454            6,536
    Prefunding                                                                   -                -                -
    Scheduled Paid Offs                                                          -                -                -
    Full Voluntary Prepayments                                                 (27)            (123)            (150)
    Repurchases                                                                  -                -                -
    Liquidations                                                                 -                -                -
    ----------------------------------------------------------------------------------------------------------------
    Current                                                                  1,055            5,331            6,386

    Principal Balance:
    Original                                                        107,790,278.12   242,354,576.15   350,144,854.27
    Prior                                                            92,236,010.05   226,014,163.78   318,250,173.83
    Prefunding                                                                   -                -                -
    Scheduled Principal                                                 (44,658.42)     (119,563.10)     (164,221.52)
    Partial and Full Voluntary Prepayments                           (3,632,709.41)   (8,806,447.14)  (12,439,156.55)
    Repurchases                                                                  -                -                -
    ----------------------------------------------------------------------------------------------------------------
    Liquidations                                                                 -                -                -
    Current                                                          90,323,291.28   220,646,688.76   310,969,980.04
--------------------------------------------------------------------------------------------------------------------

<CAPTION>
PREFUNDING                                                                 POOL II           POOL I            TOTAL
---------------------------------------------------------------------------------------------------------------------
<S>                                                                       <C>                <C>              <C>
                         SPACE INTENTIONALLY LEFT BLANK

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

<CAPTION>
CHARACTERISTICS                                                            POOL II           POOL I          TOTAL
--------------------------------------------------------------------------------------------------------------------
<S>                                                                     <C>              <C>              <C>
    Weighted Average Coupon Original                                      9.377874%        9.394264%        9.389218%
    Weighted Average Coupon Prior                                        12.057500%       12.109700%       12.094504%
    Weighted Average Coupon Current                                      12.046900%       12.100360%       12.084866%
    ----------------------------------------------------------------------------------------------------------------
    Weighted Average Months to Maturity Original                               200              204              203
    Weighted Average Months to Maturity Prior                                  197              200              199
    Weighted Average Months to Maturity Current                                195              199              198
    ----------------------------------------------------------------------------------------------------------------
    Weighted Avg Remaining Amortization Term Original                          208              205              206
    Weighted Avg Remaining Amortization Term Prior                             204              201              202
    Weighted Avg Remaining Amortization Term Current                           203              201              201
    ----------------------------------------------------------------------------------------------------------------
    Weighted Average Seasoning Original                                       2.71             2.76             2.74
    Weighted Average Seasoning Prior                                          6.69             6.73             6.72
    Weighted Average Seasoning Current                                        7.67             7.72             7.71
--------------------------------------------------------------------------------------------------------------------
</TABLE>

Note:  Original information refers to deal issue.
<PAGE>

<TABLE>
<CAPTION>
ARM CHARACTERISTICS                                                        POOL II       POOL I         TOTAL
--------------------------------------------------------------------------------------------------------------
<S>                                                                        <C>          <C>             <C>
    Weighted Average Margin Original                                        2.380%       2.530%
    Weighted Average Margin Prior                                           2.375%       2.469%
    Weighted Average Margin Current                                         2.364%       2.458%
    ----------------------------------------------------------------------------------------------------------
    Weighted Average Max Rate Original                                     17.181%      17.075%
    Weighted Average Max Rate Prior                                        17.163%      17.075%
    Weighted Average Max Rate Current                                      17.153%      17.077%
    ----------------------------------------------------------------------------------------------------------
    Weighted Average Min Rate Original                                      3.686%       3.918%
    Weighted Average Min Rate Prior                                         3.715%       3.852%
    Weighted Average Min Rate Current                                       3.721%       3.840%
    ----------------------------------------------------------------------------------------------------------
    Weighted Average Cap Up Original
    Weighted Average Cap Up Prior
    Weighted Average Cap Up Current
    ----------------------------------------------------------------------------------------------------------
    Weighted Average Cap Down Original
    Weighted Average Cap Down Prior
    Weighted Average Cap Down Current

--------------------------------------------------------------------------------------------------------------
Note:  Original information refers to deal issue.

<CAPTION>
SERVICING FEES / ADVANCES                                                  POOL II       POOL I         TOTAL
--------------------------------------------------------------------------------------------------------------
<S>                                                                      <C>         <C>           <C>
    TOTAL SERVICING FEE                                                  38,431.67    94,172.57    132,604.24

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

<CAPTION>
ADDITIONAL COLLATERAL INFORMATION                                          POOL II       POOL I         TOTAL
--------------------------------------------------------------------------------------------------------------
<S>                                                                      <C>         <C>           <C>
                         SPACE INTENTIONALLY LEFT BLANK

--------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>

--------------------------------------------------------------------------------
                          Delinquency Report - Total
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                CURRENT      1 PAYMENT    2  PAYMTS     3+  PAYMTS          TOTAL
------------------------------------------------------------------------------------------------------------------
<S>                                          <C>          <C>            <C>           <C>           <C>
DELINQUENT        Balance
                                                          2,699,879.91   970,875.52      41,237.03   3,711,992.46
                  % Balance                                       0.87%        0.31%          0.01%          1.19%
                  # Loans                                           43            9              2             54
                  % # Loans                                       0.67%        0.14%          0.03%          0.85%
------------------------------------------------------------------------------------------------------------------
FORECLOSURE       Balance                     48,000.00              -            -   1,424,924.91   1,472,924.91
                  % Balance                        0.02%          0.00%        0.00%          0.46%          0.47%
                  # Loans                             1              -            -             19             20
                  % # Loans                        0.02%          0.00%        0.00%          0.30%          0.31%
------------------------------------------------------------------------------------------------------------------
BANKRUPTCY        Balance                    352,903.97       9,927.38            -     136,445.59     499,276.94
                  % Balance                        0.11%          0.00%        0.00%          0.04%          0.16%
                  # Loans                             9              1            -              3             13
                  % # Loans                        0.14%          0.02%        0.00%          0.05%          0.20%
------------------------------------------------------------------------------------------------------------------
REO               Balance                             -              -            -              -              -
                  % Balance                        0.00%          0.00%        0.00%          0.00%          0.00%
                  # Loans                             -              -            -              -              -
                  % # Loans                        0.00%          0.00%        0.00%          0.00%          0.00%
------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------
TOTAL             Balance                    400,903.97   2,709,807.29   970,875.52   1,602,607.53   5,684,194.31
                  % Balance                        0.13%          0.87%        0.31%          0.52%          1.83%
                  # Loans                            10             44            9             24             87
                  % # Loans                        0.16%          0.69%        0.14%          0.38%          1.36%
------------------------------------------------------------------------------------------------------------------
</TABLE>

Note:  Current = 0-29 days, 1 Payment = 30-59 days, 2 Payments = 60-89 days, 3+
       Payments = 90+

--------------------------------------------------------------------------------
                    Delinquency Report - Pool I Group
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                CURRENT      1 PAYMENT    2  PAYMTS     3+  PAYMTS          TOTAL
------------------------------------------------------------------------------------------------------------------
<S>                                          <C>          <C>            <C>           <C>           <C>
DELINQUENT        Balance
                                                          1,379,771.76   444,219.07      41,237.03   1,865,227.86
                  % Balance                                       0.63%        0.20%          0.02%          0.85%
                  # Loans                                           37            7              2             46
                  % # Loans                                       0.69%        0.13%          0.04%          0.86%
------------------------------------------------------------------------------------------------------------------
FORECLOSURE       Balance                     48,000.00              -            -     721,617.04     769,617.04
                  % Balance                        0.02%          0.00%        0.00%          0.33%          0.35%
                  # Loans                             1              -            -             13             14
                  % # Loans                        0.02%          0.00%        0.00%          0.24%          0.26%
------------------------------------------------------------------------------------------------------------------
BANKRUPTCY        Balance                    352,903.97              -            -     136,445.59     489,349.56
                  % Balance                        0.16%          0.00%        0.00%          0.06%          0.22%
                  # Loans                             9              -            -              3             12
                  % # Loans                        0.17%          0.00%        0.00%          0.06%          0.23%
------------------------------------------------------------------------------------------------------------------
REO               Balance                             -              -            -              -              -
                  % Balance                        0.00%          0.00%        0.00%          0.00%          0.00%
                  # Loans                             -              -            -              -              -
                  % # Loans                        0.00%          0.00%        0.00%          0.00%          0.00%
------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------
TOTAL             Balance                    400,903.97   1,379,771.76   444,219.07     899,299.66   3,124,194.46
                  % Balance                        0.18%          0.63%        0.20%          0.41%          1.42%
                  # Loans                            10             37            7             18             72
                  % # Loans                        0.19%          0.69%        0.13%          0.34%          1.35%
------------------------------------------------------------------------------------------------------------------
</TABLE>

Note:  Current = 0-29 days, 1 Payment = 30-59 days, 2 Payments = 60-89 days, 3+
       Payments = 90+
<PAGE>

--------------------------------------------------------------------------------
                       Delinquency Report - Pool II Group
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                CURRENT       1 PAYMENT      2  PAYMTS   3+  PAYMTS           TOTAL
-------------------------------------------------------------------------------------------------------------------
<S>                                          <C>          <C>             <C>           <C>            <C>
DELINQUENT        Balance                                  1,320,108.15     526,656.45            -    1,846,764.60
                  % Balance                                        1.46%          0.58%        0.00%           2.04%
                  # Loans                                             6              2            -               8
                  % # Loans                                        0.57%          0.19%        0.00%           0.76%
-------------------------------------------------------------------------------------------------------------------
FORECLOSURE       Balance                             -               -              -   703,307.87      703,307.87
                  % Balance                        0.00%           0.00%          0.00%        0.78%           0.78%
                  # Loans                             -               -              -            6               6
                  % # Loans                        0.00%           0.00%          0.00%        0.57%           0.57%
-------------------------------------------------------------------------------------------------------------------
BANKRUPTCY        Balance                             -        9,927.38              -            -        9,927.38
                  % Balance                        0.00%           0.01%          0.00%        0.00%           0.01%
                  # Loans                             -               1              -            -               1
                  % # Loans                        0.00%           0.09%          0.00%        0.00%           0.09%
-------------------------------------------------------------------------------------------------------------------
REO               Balance                             -               -              -            -               -
                  % Balance                        0.00%           0.00%          0.00%        0.00%           0.00%
                  # Loans                             -               -              -            -               -
                  % # Loans                        0.00%           0.00%          0.00%        0.00%           0.00%
-------------------------------------------------------------------------------------------------------------------

-------------------------------------------------------------------------------------------------------------------
TOTAL             Balance                             -    1,330,035.53     526,656.45   703,307.87    2,559,999.85
                  % Balance                        0.00%           1.47%          0.58%        0.78%           2.83%
                  # Loans                             -               7              2            6              15
                  % # Loans                        0.00%           0.66%          0.19%        0.57%           1.42%
-------------------------------------------------------------------------------------------------------------------
</TABLE>

Note:  Current = 0-29 days, 1 Payment = 30-59 days, 2 Payments = 60-89 days, 3+
       Payments = 90+
<PAGE>

--------------------------------------------------------------------------------
    REO Report - Mortgage Loans that Become REO During Current Distribution
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
SUMMARY                                           LOAN GROUP
-----------------------------------------------------------------------------------------------------------------
<S>                                               <C>
Total Loan Count =  0                             Loan Group 1  =  Pool I Group;   REO Book Value  =  000.00
Total Original Principal Balance = 000.00         Loan Group 2  =  Pool II Group;  REO Book Value  =  000.00
Total Current Balance = 000.00
REO Book Value =  000.00
-----------------------------------------------------------------------------------------------------------------
</TABLE>

REO Book Value reported corresponds to total REO loans, including loans that
become REO during current distribution.

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------
  Loan Number     Original      Stated                     Current      State &
       &          Principal   Principal      Paid to        Note         LTV at      Original    Origination
  Loan Group       Balance     Balance        Date          Rate      Origination      Term         Date
--------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>             <C>           <C>        <C>            <C>         <C>
                                      SPACE INTENTIONALLY LEFT BLANK

--------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>

--------------------------------------------------------------------------------
                    Prepayment Report - Voluntary Prepayments
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
VOLUNTARY PREPAYMENTS                                                      POOL II           POOL I            TOTAL
--------------------------------------------------------------------------------------------------------------------

    <S>                                                                    <C>               <C>               <C>
    Current
    Number of Paid in Full Loans                                                27              123              150
    Number of Repurchased Loans                                                  -                -                -
    ----------------------------------------------------------------------------------------------------------------
    Total Number of Loans Prepaid in Full                                       27              123              150

    Paid in Full Balance                                              2,215,885.83     6,707,403.33     8,923,289.16
    Repurchased Loans Balance                                                    -                -                -
    Curtailments Amount                                               1,416,823.58     2,099,043.81     3,515,867.39
    ----------------------------------------------------------------------------------------------------------------
    Total Prepayment Amount                                           3,632,709.41     8,806,447.14    12,439,156.55

    Cumulative
    Number of Paid in Full Loans                                               205              666              871
    Number of Repurchased Loans                                                  -                -                -
    ----------------------------------------------------------------------------------------------------------------
    Total Number of Loans Prepaid in Full                                      205              666              871

    Paid in Full Balance                                             21,402,769.30    32,396,299.28    53,799,068.58
    Repurchased Loans Balance                                                    -                -                -
    Curtailments Amount                                              13,158,115.89    16,577,749.87    29,735,865.76
    ----------------------------------------------------------------------------------------------------------------
    Total Prepayment Amount                                          34,560,885.19    48,974,049.15    83,534,934.34

                         SPACE INTENTIONALLY LEFT BLANK

--------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
VOLUNTARY PREPAYMENT RATES                                                 POOL II           POOL I            TOTAL
--------------------------------------------------------------------------------------------------------------------
    <S>                                                                    <C>               <C>               <C>
    SMM                                                                      3.94%            3.90%            3.91%
    3 Months Avg SMM                                                         5.45%            3.51%            4.08%
    12 Months Avg SMM
    Avg SMM Since Cut-off                                                    5.73%            3.48%            4.15%

    CPR                                                                     38.27%           37.95%           38.04%
    3 Months Avg CPR                                                        48.94%           34.86%           39.33%
    12 Months Avg CPR
    Avg CPR Since Cut-off                                                   50.73%           34.60%           39.88%

    PSA                                                                   2496.23%         2457.30%         2468.55%
    3 Months Avg  PSA  Approximation                                      3655.85%         2590.65%         2927.31%
    12 Months Avg PSA Approximation
    Avg PSA Since Cut-off Approximation                                   4872.09%         3303.35%         3814.23%

-----------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>

PREPAYMENT CALCULATION METHODOLOGY
--------------------------------------------------------------------------------
    Single Monthly Mortality (SMM): (Voluntary partial and full prepayments +
    Repurchases)/(Beg Principal Balance - Sched Principal)

    Conditional Prepayment Rate (CPR): 1-((1-SMM)12)

    PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))

    Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-
    SMMn) * (1-SMMn+1) *.......*(1-SMMm)](1/months in period n,m)

    Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-
    ((1-AvgSMMn,m)12)

    Average PSA Approximation over period between the nth month and mth month:
    AvgCPRn,m/(0.02*Avg WASn,m))

    Average WASn,m: (min(30,WASn)+min(30,WASn+1)+.......+min(30,WASm)/(number of
    months in the period n,m)
    Weighted Average Seasoning (WAS)

    Note:  Prepayment rates are calculated since deal issue date and include
           partial and full voluntary prepayments and repurchases. Dates
           correspond to distribution dates.
--------------------------------------------------------------------------------
<PAGE>

--------------------------------------------------------------------------------
                        Realized Loss Report - Collateral
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
COLLATERAL REALIZED LOSSES                                                 POOL II       POOL I         TOTAL
-------------------------------------------------------------------------------------------------------------
    <S>                                                                    <C>           <C>            <C>
    Current
    Number of Loans Liquidated                                                   -            -             -
    Collateral Realized Loss/(Gain) Amount                                       -            -             -
    Net Liquidation Proceeds                                                     -            -             -

    Cumulative
    Number of Loans Liquidated                                                   -            -             -
    Collateral Realized Loss/(Gain) Amount                                       -            -             -
    Net Liquidation Proceeds                                                     -            -             -

    Note: Collateral realized losses may include adjustments to loans
    liquidated in prior periods.

    Cumulative Losses as % of Original Balance                              0.0000%      0.0000%       0.0000%

-------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
DEFAULT SPEEDS                                                             POOL II       POOL I         TOTAL
-------------------------------------------------------------------------------------------------------------
    <S>                                                                    <C>           <C>            <C>
    MDR                                                                      0.00%        0.00%         0.00%
    3 Months Avg MDR                                                         0.00%        0.00%         0.00%
    12 Months Avg MDR
    Avg MDR Since Cut-off                                                    0.00%        0.00%         0.00%

    CDR                                                                      0.00%        0.00%         0.00%
    3 Months Avg CDR                                                         0.00%        0.00%         0.00%
    12 Months Avg CDR
    Avg CDR Since Cut-off                                                    0.00%        0.00%         0.00%

    SDA                                                                      0.00%        0.00%         0.00%
    3 Months Avg  SDA Approximation                                          0.00%        0.00%         0.00%
    12 Months Avg SDA Approximation
    Avg SDA Since Cut-off Approximation                                      0.00%        0.00%         0.00%

    Loss Severity Approximation for Current Period
    3 Months Avg Loss Severity Approximation
    12 Months Avg Loss Severity Approximation
    Avg  Loss Severity Approximation Since Cut-off

--------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>

COLLATERAL REALIZED LOSS  CALCULATION METHODOLOGY
--------------------------------------------------------------------------------
    Monthly Default Rate (MDR):    (Beg Principal Balance of Liquidated
    Loans)/(Total Beg Principal Balance)

    Conditional Default Rate (CDR): 1-((1-MDR)12)

    SDA Standard Default Assumption: CDR/IF(WAS 61,MIN(30,WAS)*0.02,MAX(0.03,
    MIN(30,WAS)*0.02-0.0095*(WAS-60)))

    Average MDR over period between nth month and mth month (AvgMDRn,m):
    [(1-MDRn) * (1-MDRn+1)*.......*(1-MDRm)](1/months in period n,m)

    Average CDR over period between the nth month and mth month (AvgCDRn,m):
    1-((1-AvgMDRn,m)12)

    Average SDA Approximation over period between the nth month and mth month:

              AvgCDRn,m/IF(Avg WASn,m 61,MIN(30,Avg WASn,m)*0.02,MAX(0.03,
    MIN(30,Avg WASn,m)*0.02-0.0095*(Avg WASn,m-60)))

    Average WASn,m: (WASn + WASn+1 +.......+ WASm )/(number of months in the
    period n,m)

    Loss Severity Approximation for current period: sum(Realized Loss Amount)
    /sum(Beg Principal Balance of Liquidated Loans)

    Average Loss Severity Approximation over period between nth month and mth
    month: Avg(Loss Severityn,m)

    Note: Default rates are calculated since deal issue date and include
    realized gains and additional realized losses and gains from prior periods.

          Dates correspond to distribution dates.
--------------------------------------------------------------------------------
<PAGE>

-------------------------------------------------------------------------------
  Realized Loss Detail Report - Loans Liquidated During Current Distribution
-------------------------------------------------------------------------------

<TABLE>
<CAPTION>
SUMMARY                                                     LOAN GROUP
-----------------------------------------------             --------------------------------------------------
<S>                                                         <C>
Total Loan Count = 0                                        Loan Group 1 =  Pool I Group
Total Original Principal Balance = 0.00                     Loan Group 2 =  Pool II Group
Total Prior Principal Balance = 0.00
Total Realized Loss Amount = 0.00
Total Net Liquidation Proceeds = 0.00
-----------------------------------------------             --------------------------------------------------

--------------------------------------------------------------------------------------------------------------
  Loan Number           Original      Prior                   Current     State &
       &        Loan   Principal   Principal     Realized      Note       LTV at       Original    Origination
  Loan Group    Status  Balance     Balance    Loss/(Gain)     Rate    Origination      Term          Date
--------------------------------------------------------------------------------------------------------------
                                             SPACE INTENTIONALLY LEFT BLANK

--------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>

-------------------------------------------------------------------------------
               Triggers, Adj. Rate Cert. and Miscellaneous Report
-------------------------------------------------------------------------------

<TABLE>
<CAPTION>
TRIGGER EVENTS                                                             POOL II       POOL I         TOTAL
--------------------------------------------------------------------------------------------------------------
<S>                                                                        <C>           <C>            <C>
    Servicer Event of Default                                                   No           No            No

    Insurer  Default                                                            No           No            No

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

ADJUSTABLE RATE CERTIFICATE INFORMATION                                    POOL II       POOL I         TOTAL
--------------------------------------------------------------------------------------------------------------
                         SPACE INTENTIONALLY LEFT BLANK

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

ADDITIONAL INFORMATION                                                     POOL II       POOL I         TOTAL
--------------------------------------------------------------------------------------------------------------

    Detail Delinq. Breakdown to Supplement pages 11-13
    Number of Mort. Loans Delinq. 90 -119 days                                   -            2             2

    Balance of Mort. Loans Delinq. 90 -119 days                               0.00    41,237.03     41,237.03
    Number of Mort. Loans Delinq. 120 -149 days                                  -            -             -
    Balance of Mort. Loans Delinq. 120 -149 days                              0.00         0.00          0.00
    Number of Mort. Loans Delinq. 150 -179 days                                  -            -             -
    Balance of Mort. Loans Delinq. 150 -179 days                              0.00         0.00          0.00
    Number of Mort. Loans Delinq. 180 days or more                               -            -             -
    Balance of Mort. Loans Delinq. 180 days or more                           0.00         0.00          0.00

    Management Fee Accrued and Unpaid                                       923.52     2,076.48      3,000.00

--------------------------------------------------------------------------------------------------------------
</TABLE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00019-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00019-of-00352.parquet"}]]