Document:

<PAGE>

                                                                    Exhibit 10.1

THE BANK OF NEW YORK
5 Penn Plaza, 16th Floor
New York, NY 10001
Attn: Diane Pickett
Phone: (212) 328-7568

                    GreenPoint Home Equity Loan Trust 2001-2
                   Home Equity Loan Asset-Backed Certificates
                                  Series 2001-2
          Certificate Payment Report for December 17, 2001 Distribution

<TABLE>
<CAPTION>
                               Certificateholder Monthly Distribution Summary
----------------------------------------------------------------------------------------------------------------------
                                                               Pass
                     Class      Certificate   Beginning      Through      Principal       Interest         Total
Class    Cusip    Description    Rate Type     Balance       Rate (%)    Distribution   Distribution   Distribution
----------------------------------------------------------------------------------------------------------------------
<S>    <C>         <C>          <C>          <C>               <C>        <C>              <C>           <C>
 A1    395385AL1    Senior      Var-Act/360  100,000,000.00    2.382500   1,885,215.47     178,687.50    2,063,902.97
 A2    395385AM9    Senior      Var-Act/360  100,000,000.00    2.382500   1,259,283.21     178,687.50    1,437,970.71
 A3    395385AN7    Senior      Var-Act/360  245,000,000.00    2.392500   1,872,663.79     439,621.88    2,312,285.66
 SIO               Strip IO     Fix-30/360   445,000,000.00    0.000000           0.00     481,011.75      481,011.75
  R                 Senior      Fix-30/360             0.00    0.000000           0.00           0.00            0.00
----------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------
Totals                                       445,000,000.00               5,017,162.47   1,278,008.63    6,295,171.09
----------------------------------------------------------------------------------------------------------------------

<CAPTION>
---------------------------------------------------
        Current                          Cumulative
        Realized       Ending             Realized
Class    Losses        Balance             Losses
---------------------------------------------------
<S>       <C>       <C>                      <C>
 A1       0.00       98,114,784.53           0.00
 A2       0.00       98,740,716.79           0.00
 A3       0.00      243,127,336.21           0.00
 SIO      0.00      440,570,740.79           0.00
  R       0.00                0.00           0.00
---------------------------------------------------
---------------------------------------------------
Totals    0.00      439,982,837.53           0.00
---------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
                                           Principal Distribution Detail
------------------------------------------------------------------------------------------------------------------------
                            Original        Beginning         Scheduled                    Unscheduled
                          Certificate      Certificate        Principal       Accretion      Principal     Net Principal
   Class      Cusip         Balance          Balance        Distribution      Principal     Adjustments    Distribution
------------------------------------------------------------------------------------------------------------------------
    <S>     <C>         <C>              <C>                <C>                   <C>             <C>      <C>
    A1      395385AL1   100,000,000.00   100,000,000.00     1,885,215.47          0.00            0.00     1,885,215.47
    A2      395385AM9   100,000,000.00   100,000,000.00     1,259,283.21          0.00            0.00     1,259,283.21
    A3      395385AN7   245,000,000.00   245,000,000.00     1,872,663.79          0.00            0.00     1,872,663.79
    SIO                 445,000,000.00   445,000,000.00             0.00          0.00            0.00             0.00
     R                            0.00             0.00             0.00          0.00            0.00             0.00
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals                  445,000,000.00   445,000,000.00     5,017,162.47          0.00            0.00     5,017,162.47
------------------------------------------------------------------------------------------------------------------------

<CAPTION>

---------------------------------------------------------
              Current          Ending          Ending
             Realized       Certificate      Certificate
   Class      Losses          Balance          Factor
---------------------------------------------------------
    <S>          <C>     <C>               <C>
    A1           0.00     98,114,784.53    0.98114784532
    A2           0.00     98,740,716.79    0.98740716794
    A3           0.00    243,127,336.21    0.99235647434
    SIO          0.00    440,570,740.79    0.99004660852
     R           0.00              0.00       0.00000000
---------------------------------------------------------
---------------------------------------------------------
Totals                   439,982,837.53
---------------------------------------------------------
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                 Interest Distribution Detail
-----------------------------------------------------------------------------------------------------------------------------------
          Beginning                    Accrued     Cumulative                                  Net      Unscheduled
         Certificate    Pass Through   Optimal       Unpaid     Deferred  Total Interest   Prepayment    Interest
 Class     Balance        Rate (%)     Interest     Interest    Interest        Due       Int Shortfall Adjustment    Interest Paid
-----------------------------------------------------------------------------------------------------------------------------------
<S>     <C>               <C>          <C>              <C>        <C>      <C>                 <C>           <C>      <C>
  A1    100,000,000.00    2.382500     178,687.50       0.00       0.00     178,687.50          0.00          0.00     178,687.50
  A2    100,000,000.00    2.382500     178,687.50       0.00       0.00     178,687.50          0.00          0.00     178,687.50
  A3    245,000,000.00    2.392500     439,621.88       0.00       0.00     439,621.88          0.00          0.00     439,621.88
  SIO   445,000,000.00    0.000000           0.00       0.00       0.00           0.00          0.00          0.00     481,011.75
   R              0.00    0.000000           0.00       0.00       0.00           0.00          0.00          0.00           0.00
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
Totals  445,000,000.00                 796,996.88       0.00       0.00     796,996.88          0.00          0.00   1,278,008.63
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
                                              Current Payment Information
                                                   Factors Per $1,000
--------------------------------------------------------------------------------------------------------------------------
                                                                                                 Ending
                               Original         Beginning                                      Certificate        Pass
                             Certificate       Certificate       Principal       Interest       Notional         Through
   Class        Cusip          Balance      Notional Balance    Distribution   Distribution      Balance          Rate (%)
--------------------------------------------------------------------------------------------------------------------------
    <S>       <C>           <C>               <C>                <C>            <C>            <C>               <C>
    A1        395385AL1     100,000,000.00    1,000.000000000    18.852154677   1.786875000    981.147845323     2.382500
    A2        395385AM9     100,000,000.00    1,000.000000000    12.592832062   1.786875000    987.407167938     2.382500
    A3        395385AN7     245,000,000.00    1,000.000000000     7.643525662   1.794375000    992.356474338     2.392500
    SIO                     445,000,000.00    1,000.000000000     0.000000000   1.080925283    990.046608517     0.000000
     R                                0.00        0.000000000     0.000000000   0.000000000      0.000000000     0.000000
--------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------------
Totals                      445,000,000.00    1,000.000000000    11.274522404   2.871929506    988.725477596
--------------------------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

     Pool Level Data

     Distribution Date                                         12/15/01
     Cut-off Date                                               11/1/01
     Determination Date                                         12/1/01
     Accrual Period                        Begin                11/1/01
                                           End                  12/1/01
     Number of Days in Accrual Period                                30

--------------------------------------------------------------------------------
                             Collateral Information
--------------------------------------------------------------------------------

Group 1
-------

<TABLE>
<S>                                                                                   <C>
Cut-off Balance                                                                       100,000,000.00

Beginning Aggregate Pool Stated Principal Balance                                      98,670,820.33
Beginning Aggregate Pre-Funded Account Principal Balance                                1,329,179.67
Ending Aggregate Pool Stated Principal Balance                                         96,977,643.35
Ending Aggregate Pre-Funded Account Principal Balance                                   1,329,179.67

Beginning Aggregate Certificate Stated Principal Balance                              100,000,000.00
Ending Aggregate Certificate Stated Principal Balance                                  98,114,784.53

Draw Amount                                                                             2,275,642.12

Required Overcollateralization Amount                                                   2,750,000.00
Actual Overcollateralization Amount                                                       192,038.49

Beginning Aggregate Loan Count                                                                 2,090
Loans Paid Off or Otherwise Removed Pursuant to Pooling and Servicing Agreement                   44
Ending Aggregate Loan Count                                                                    2,046

Beginning Weighted Average Loan Rate (WAC)                                                 7.202896%
Ending Weighted Average Loan Rate (WAC)                                                    7.178871%

Beginning Net Weighted Average Loan Rate                                                   6.703542%
Ending Net Weighted Average Loan Rate                                                      6.679631%

Weighted Average Maturity (WAM) (Months)                                                         211

Servicer Advances                                                                               0.00
</TABLE>

<PAGE>

Group 2
-------

<TABLE>
<S>                                                                                   <C>
Cut-off Balance                                                                       100,000,000.00

Beginning Aggregate Pool Stated Principal Balance                                      86,932,623.86
Beginning Aggregate Pre-Funded Account Principal Balance                               13,067,376.14
Ending Aggregate Pool Stated Principal Balance                                         85,821,024.76
Ending Aggregate Pre-Funded Account Principal Balance                                  13,067,376.14

Beginning Aggregate Certificate Stated Principal Balance                              100,000,000.00
Ending Aggregate Certificate Stated Principal Balance                                  98,740,716.79

Draw Amount                                                                             1,820,259.71

Specified Overcollateralization Amount                                                  2,750,000.00
Actual Overcollateralization Amount                                                       147,684.11

Beginning Aggregate Loan Count                                                                 2,712
Loans Paid Off or Otherwise Removed Pursuant to Pooling and Servicing Agreement                   46
Ending Aggregate Loan Count                                                                    2,666

Beginning Weighted Average Loan Rate (WAC)                                                 6.182455%
Ending Weighted Average Loan Rate (WAC)                                                    6.164134%

Beginning Net Weighted Average Loan Rate                                                   5.741792%
Ending Net Weighted Average Loan Rate                                                      5.724205%

Weighted Average Maturity (WAM) (Months)                                                         225

Servicer Advances                                                                               0.00
</TABLE>

<PAGE>

Group 3
-------

<TABLE>
<S>                                                                                 <C>
Cut-off Balance                                                                     245,000,000.00

Beginning Aggregate Pool Stated Principal Balance                                   163,312,202.25
Beginning Aggregate Pre-Funded Account Principal Balance                             81,687,797.75
Ending Aggregate Pool Stated Principal Balance                                      161,687,719.12
Ending Aggregate Pre-Funded Account Principal Balance                                81,687,797.75

Beginning Aggregate Certificate Stated Principal Balance                            245,000,000.00
Ending Aggregate Certificate Stated Principal Balance                               243,127,336.21

Draw Amount                                                                           4,777,640.54

Specified Overcollateralization Amount                                                6,737,500.00
Actual Overcollateralization Amount                                                     248,180.66

Beginning Aggregate Loan Count                                                               3,046
Loans Paid Off or Otherwise Removed Pursuant to Pooling and Servicing Agreement                 78
Ending Aggregate Loan Count                                                                  2,968

Beginning Weighted Average Loan Rate (WAC)                                               5.121614%
Ending Weighted Average Loan Rate (WAC)                                                  5.085064%

Beginning Net Weighted Average Loan Rate                                                 4.782324%
Ending Net Weighted Average Loan Rate                                                    4.746887%

Weighted Average Maturity (WAM) (Months)                                                       254

Servicer Advances                                                                             0.00
</TABLE>

<PAGE>

<TABLE>
<S>                                                                                <C>
Certificate Account

Beginning Balance                                                                          0.00

Deposit
Payments of Interest and Principal                                                 6,354,504.42
Liquidation Proceeds                                                                       0.00
All Other Proceeds                                                                         0.00
Other Amounts                                                                              0.00
                                                                                ----------------
Total Deposits                                                                     6,354,504.42

Withdrawals
Reimbursement of Servicer Advances                                                         0.00
Payment of Master Servicer Fees                                                      145,381.52
Payment of Sub Servicer Fees                                                               0.00
Payment of Other Fees                                                                      0.00
Payment of Insurance Premium(s)                                                            0.00
Payment of Personal Mortgage Insurance                                                     0.00
Other Permitted Withdrawal per the Pooling and Servicing Agreement                    59,333.33
Payment of Principal and Interest                                                  6,295,171.09
                                                                                ----------------
Total Withdrawals                                                                  6,499,885.94

Ending Balance                                                                             0.00
</TABLE>

             Payment Compensation

             Total Gross Prepayment Interest Shortfall                     0.00
             Compensation for Gross PPIS from Servicing Fees               0.00
             Other Gross PPIS Compensation                                 00 0
                                                                           ----

             Total Net PPIS (Non-Supported PPIS)                           0.00

<PAGE>

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------
                                                      Delinquency Information
-----------------------------------------------------------------------------------------------------------------------------

Group 1
-------

Delinquency                            30 - 59 Days        60 - 89 Days          90+ Days       180+ Days           Totals
-----------                            ------------        ------------          --------       ---------           ------
<S>                                      <C>                   <C>                <C>            <C>              <C>
Scheduled Principal Balance              416,822.93            24,300.00               0.00           0.00        441,122.93
Percentage of Total Pool Balance          0.424002%            0.024719%          0.000000%      0.000000%         0.448721%
Number of Loans                                   6                    1                  0                                7
Percentage of Total Loans                 0.293255%            0.048876%          0.000000%                        0.342131%

Foreclosure
-----------

Scheduled Principal Balance                    0.00                 0.00                0.00                            0.00
Percentage of Total Pool Balance          0.000000%            0.000000%           0.000000%                       0.000000%
Number of Loans                                   0                    0                   0                               0
Percentage of Total Loans                 0.000000%            0.000000%           0.000000%                       0.000000%

Bankruptcy
----------

Scheduled Principal Balance                    0.00                 0.00                0.00                            0.00
Percentage of Total Pool Balance          0.000000%            0.000000%           0.000000%                       0.000000%
Number of Loans                                   0                    0                   0                               0
Percentage of Total Loans                 0.000000%            0.000000%           0.000000%                       0.000000%

REO
---

Scheduled Principal Balance                    0.00                 0.00                0.00                            0.00
Percentage of Total Pool Balance          0.000000%            0.000000%           0.000000%                       0.000000%
Number of Loans                                   0                    0                   0                               0
Percentage of Total Loans                 0.000000%            0.000000%           0.000000%                       0.000000%

Book Value of all REO Loans                                                                                             0.00
Percentage of Total Pool Balance                                                                                   0.000000%

Current Realized Losses                                                                                                 0.00
Additional Gains (Recoveries)/Losses                                                                                    0.00
Total Realized Losses                                                                                                   0.00
</TABLE>

<PAGE>

Group 2
-------

<TABLE>
<CAPTION>
Delinquency                            30 - 59 Days       60 - 89 Days         90+ Days          180+ Days          Totals
-----------                            ------------       ------------         --------          ---------          ------
<S>                                      <C>                  <C>               <C>               <C>             <C>
Scheduled Principal Balance              534,392.23           28,433.66              0.00              0.00       562,825.89
Percentage of Total Pool Balance          0.540399%           0.028753%         0.000000%         0.000000%        0.569153%
Number of Loans                                  18                   2                 0                                 20
Percentage of Total Loans                 0.675169%           0.075019%         0.000000%                          0.750188%

Foreclosure
-----------

Scheduled Principal Balance                    0.00                0.00               0.00                              0.00
Percentage of Total Pool Balance          0.000000%           0.000000%          0.000000%                         0.000000%
Number of Loans                                   0                   0                  0                                 0
Percentage of Total Loans                 0.000000%           0.000000%          0.000000%                         0.000000%

Bankruptcy
----------

Scheduled Principal Balance                    0.00                0.00               0.00                              0.00
Percentage of Total Pool Balance          0.000000%           0.000000%          0.000000%                         0.000000%
Number of Loans                                   0                   0                  0                                 0
Percentage of Total Loans                 0.000000%           0.000000%          0.000000%                         0.000000%

REO
---

Scheduled Principal Balance                    0.00                0.00               0.00                              0.00
Percentage of Total Pool Balance          0.000000%           0.000000%          0.000000%                         0.000000%
Number of Loans                                   0                   0                  0                                 0
Percentage of Total Loans                 0.000000%           0.000000%          0.000000%                         0.000000%

Book Value of all REO Loans                                                                                             0.00
Percentage of Total Pool Balance                                                                                   0.000000%

Current Realized Losses                                                                                                 0.00
Additional Gains (Recoveries)/Losses                                                                                    0.00
Total Realized Losses                                                                                                   0.00
</TABLE>

<PAGE>

Group 3
-------

<TABLE>
<CAPTION>
Delinquency                              30 - 59 Days        60 - 89 Days          90+ Days           180+ Days         Totals
-----------                              ------------        ------------          --------           ---------         ------
<S>                                      <C>                    <C>                 <C>                <C>          <C>
Scheduled Principal Balance              1,017,430.65           284,667.49                0.00              0.00    1,302,098.14
Percentage of Total Pool Balance            0.418050%            0.116966%           0.000000%         0.000000%       0.535016%
Number of Loans                                    20                    5                   0                                25
Percentage of Total Loans                   0.673854%            0.168464%           0.000000%                         0.842318%

Foreclosure
-----------

Scheduled Principal Balance                      0.00                 0.00                0.00                              0.00
Percentage of Total Pool Balance            0.000000%            0.000000%           0.000000%                         0.000000%
Number of Loans                                     0                    0                   0                                 0
Percentage of Total Loans                   0.000000%            0.000000%           0.000000%                         0.000000%

Bankruptcy
----------

Scheduled Principal Balance                      0.00                 0.00                0.00                              0.00
Percentage of Total Pool Balance            0.000000%            0.000000%           0.000000%                         0.000000%
Number of Loans                                     0                    0                   0                                 0
Percentage of Total Loans                   0.000000%            0.000000%           0.000000%                         0.000000%

REO
---

Scheduled Principal Balance                      0.00                 0.00                0.00                              0.00
Percentage of Total Pool Balance            0.000000%            0.000000%           0.000000%                         0.000000%
Number of Loans                                     0                    0                   0                                 0
Percentage of Total Loans                   0.000000%            0.000000%           0.000000%                         0.000000%

Book Value of all REO Loans                                                                                                 0.00
Percentage of Total Pool Balance                                                                                       0.000000%

Current Realized Losses                                                                                                     0.00
Additional Gains (Recoveries)/Losses                                                                                        0.00
Total Realized Losses

<CAPTION>

                                 --------------------------------------------------------------------
                                                      Reserve Fund Information
                                 --------------------------------------------------------------------

                                   Reserve Fund
                                   ------------
                                   <S>                                                         <C>
                                   Beginning Balance                                           0.00
                                   Deposits                                                    0.00
                                   Accrued Interest                                            0.00
                                   Withdrawals                                                 0.00
                                   Ending Balance                                              0.00
</TABLE><PAGE>

                                                                    Exhibit 10.1
THE BANK OF NEW YORK
5 Penn Plaza, 16/th/ Floor
New York, NY 10001
Attn: Diane Pickett
Phone: (212) 328-7568

                    GreenPoint Home Equity Loan Trust 2001-2
                   Home Equity Loan Asset-Backed Certificates
                                  Series 2001-2
          Certificate Payment Report for January 15, 2002 Distribution

<TABLE>
<CAPTION>
                                          Certificateholder Monthly Distribution Summary
------------------------------------------------------------------------------------------------------------------------------------
                                                                           Pass
                           Class       Certificate      Beginning        Through       Principal       Interest          Total
   Class     Cusip      Description     Rate Type        Balance         Rate (%)     Distribution   Distribution    Distribution
------------------------------------------------------------------------------------------------------------------------------------
    <S>    <C>          <C>            <C>             <C>               <C>          <C>            <C>            <C>
    A1     395385AL1      Senior       Var-Act/360      98,114,784.53      2.175630    2,325,872.15     171,955.07     2,497,827.22
    A2     395385AM9      Senior       Var-Act/360      98,740,716.79      2.175630    1,814,001.40     173,052.08     1,987,053.48
    A3     395385AN7      Senior       Var-Act/360     243,127,336.21      2.195630    3,205,539.80     430,019.79     3,635,559.59
    SIO                  Strip IO      Fix-30/360      440,570,740.79      0.000000            0.00     615,783.21       615,783.21
     R                    Senior       Fix-30/360                0.00      0.000000            0.00           0.00             0.00
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Totals                                                 439,982,837.53                  7,345,413.35   1,390,810.15     8,736,223.50
------------------------------------------------------------------------------------------------------------------------------------

<CAPTION>
---------------------------------------------------------
            Current                            Cumulative
            Realized     Ending Balance         Realized
   Class     Losses                              Losses
---------------------------------------------------------
    <S>        <C>       <C>                   <C>
    A1         0.00       95,788,912.38            0.00
    A2         0.00       96,926,715.39            0.00
    A3         0.00      239,921,796.42            0.00
    SIO        0.00      433,977,951.36            0.00
     R         0.00                0.00            0.00
---------------------------------------------------------
---------------------------------------------------------
Totals         0.00      432,637,424.19            0.00
---------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
                                      Principal Distribution Detail
----------------------------------------------------------------------------------------------------------------
                        Original        Beginning        Scheduled                 Unscheduled
                      Certificate      Certificate       Principal      Accretion   Principal     Net Principal
 Class     Cusip        Balance          Balance       Distribution     Principal  Adjustments    Distribution
----------------------------------------------------------------------------------------------------------------
  <S>    <C>         <C>              <C>              <C>              <C>        <C>            <C>
  A1     395385AL1   100,000,000.00    98,114,784.53     2,325,872.15       0.00         0.00      2,325,872.15
  A2     395385AM9   100,000,000.00    98,740,716.79     1,814,001.40       0.00         0.00      1,814,001.40
  A3     395385AN7   245,000,000.00   243,127,336.21     3,205,539.80       0.00         0.00      3,205,539.80
  SIO                445,000,000.00   440,570,740.79             0.00       0.00         0.00              0.00
   R                           0.00             0.00             0.00       0.00         0.00              0.00
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Totals               445,000,000.00   439,982,837.53     7,345,413.35       0.00         0.00      7,345,413.35
----------------------------------------------------------------------------------------------------------------

<CAPTION>
--------------------------------------------------------
          Current          Ending          Ending
         Realized       Certificate      Certificate
 Class    Losses          Balance          Factor
--------------------------------------------------------
  <S>       <C>        <C>               <C>
  A1        0.00        95,788,912.38    0.95788912381
  A2        0.00        96,926,715.39    0.96926715390
  A3        0.00       239,921,796.42    0.97927263844
  SIO       0.00       433,977,951.36    0.97523135137
   R        0.00                 0.00    0.00000000000
--------------------------------------------------------
--------------------------------------------------------
Totals      0.00       432,637,424.19
--------------------------------------------------------
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                  Interest Distribution Detail
------------------------------------------------------------------------------------------------------------------------------------
            Beginning                     Accrued     Cumulative                                Net       Unscheduled
           Certificate     Pass Through    Optimal      Unpaid   Deferred  Total Interest    Prepayment     Interest      Interest
 Class       Balance         Rate (%)     Interest     Interest  Interest       Due        Int Shortfall   Adjustment      Paid
------------------------------------------------------------------------------------------------------------------------------------
<S>        <C>              <C>           <C>              <C>      <C>      <C>           <C>            <C>             <C>
  A1       98,114,784.53    2.175630      171,955.07       0.00     0.00     171,955.07           0.00           0.00     171,955.07
  A2       98,740,716.79    2.175630      173,052.08       0.00     0.00     173,052.08           0.00           0.00     173,052.08
  A3      243,127,336.21    2.195630      430,019.79       0.00     0.00     430,019.79           0.00           0.00     430,019.79
  SIO     440,570,740.79    0.000000            0.00       0.00     0.00           0.00           0.00           0.00     615,783.21
   R                0.00    0.000000            0.00       0.00     0.00           0.00           0.00           0.00           0.00
------------------------------------------------------------------------------------------------------------------------------------
          439,982,837.35
------------------------------------------------------------------------------------------------------------------------------------
Totals                                    775,026.94       0.00     0.00     775,026.94           0.00           0.00   1,390,810.15
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
                                                    Current Payment Information
                                                        Factors Per $1,000
------------------------------------------------------------------------------------------------------------------------------
                                                                                                   Ending
                                 Original         Beginning                                      Certificate           Pass
                               Certificate       Certificate        Principal       Interest       Notional           Through
   Class          Cusip          Balance       Notional Balance    Distribution   Distribution      Balance           Rate (%)
------------------------------------------------------------------------------------------------------------------------------
    <S>         <C>           <C>                 <C>              <C>            <C>            <C>                 <C>
    A1          395385AL1     100,000,000.00      981.147845323    23.258721514   1.719550720    957.889123809       2.175630
    A2          395385AM9     100,000,000.00      987.407167938    18.140014042   1.730520751    969.267153897       2.175630
    A3          395385AN7     245,000,000.00      992.356474338    13.083835898   1.755182826    979.272638440       2.195630
    SIO                       445,000,000.00      990.046608517     0.000000000   1.383782490    975.231351371       0.000000
     R                                  0.00        0.000000000     0.000000000   0.000000000      0.000000000       0.000000
------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
Totals                        445,000,000.00      988.725477596    16.506546854   3.125416067    972.218930764
------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

                                Pool Level Data

     Distribution Date                                          1/15/02
     Cut-off Date                                               11/1/01
     Determination Date                                           1/102
     Accrual Period                        Begin                12/1/01
                                           End                   1/1/02
     Number of Days in Accrual Period                                31

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------
                                           Collateral Information
----------------------------------------------------------------------------------------------------------
<S>                                                                                         <C>
Group 1
-------

Cut-off Balance                                                                             100,000,000.00

Beginning Aggregate Pool Stated Principal Balance                                            96,977,643.35
Beginning Aggregate Pre-Funded Account Principal Balance                                      1,329,179.67
Ending Aggregate Pool Stated Principal Balance                                               94,888,055.71
Ending Aggregate Pre-Funded Account Principal Balance                                         1,329,179.67

Beginning Aggregate Certificate Stated Principal Balance                                     98,114,784.53
Ending Aggregate Certificate Stated Principal Balance                                        95,788,912.38

Draw Amount                                                                                   2,219,426.30

Required Overcollateralization Amount                                                         2,750,000.00
Actual Overcollateralization Amount                                                             428,323.00

Beginning Aggregate Loan Count                                                                       2,046
Loans Paid Off or Otherwise Removed Pursuant to Pooling and Servicing Agreement                         62
Ending Aggregate Loan Count                                                                          1,984

Beginning Weighted Average Loan Rate (WAC)                                                       7.488862%
Ending Weighted Average Loan Rate (WAC)                                                          7.480484%

Beginning Net Weighted Average Loan Rate                                                         6.989622%
Ending Net Weighted Average Loan Rate                                                            6.981391%

Weighted Average Maturity (WAM) (Months)                                                               210

Servicer Advances                                                                                     0.00
</TABLE>

<PAGE>

Group 2
-------

<TABLE>
<S>                                                                                          <C>
Cut-off Balance                                                                              100,000,000.00

Beginning Aggregate Pool Stated Principal Balance                                             85,821,024.76
Beginning Aggregate Pre-Funded Account Principal Balance                                      13,067,376.14
Ending Aggregate Pool Stated Principal Balance                                                84,206,272.54
Ending Aggregate Pre-Funded Account Principal Balance                                         13,067,376.14

Beginning Aggregate Certificate Stated Principal Balance                                      98,740,716.79
Ending Aggregate Certificate Stated Principal Balance                                         96,926,715.39

Draw Amount                                                                                    1,766,192.50

Specified Overcollateralization Amount                                                         2,750,000.00
Actual Overcollateralization Amount                                                              346,933.29

Beginning Aggregate Loan Count                                                                        2,666
Loans Paid Off or Otherwise Removed Pursuant to Pooling and Servicing Agreement                          67
Ending Aggregate Loan Count                                                                           2,599

Beginning Weighted Average Loan Rate (WAC)                                                        6.447767%
Ending Weighted Average Loan Rate (WAC)                                                           6.433825%

Beginning Net Weighted Average Loan Rate                                                          6.007839%
Ending Net Weighted Average Loan Rate                                                             5.994993%

Weighted Average Maturity (WAM) (Months)                                                                224

Servicer Advances                                                                                      0.00
</TABLE>

<PAGE>

Group 3
-------

<TABLE>
<S>                                                                                        <C>
Cut-off Balance                                                                            245,000,000.00

Beginning Aggregate Pool Stated Principal Balance                                          161,687,719.12
Beginning Aggregate Pre-Funded Account Principal Balance                                    81,687,797.75
Ending Aggregate Pool Stated Principal Balance                                             158,799,269.55
Ending Aggregate Pre-Funded Account Principal Balance                                       81,687,797.75

Beginning Aggregate Certificate Stated Principal Balance                                   243,127,336.21
Ending Aggregate Certificate Stated Principal Balance                                      239,921,796.42

Draw Amount                                                                                  4,987,876.87

Specified Overcollateralization Amount                                                       6,737,500.00
Actual Overcollateralization Amount                                                            565,270.88

Beginning Aggregate Loan Count                                                                      2,968
Loans Paid Off or Otherwise Removed Pursuant to Pooling and Servicing Agreement                        80
Ending Aggregate Loan Count                                                                         2,888

Beginning Weighted Average Loan Rate (WAC)                                                      5.073952%
Ending Weighted Average Loan Rate (WAC)                                                         5.039695%

Beginning Net Weighted Average Loan Rate                                                        4.735774%
Ending Net Weighted Average Loan Rate                                                           4.703534%

Weighted Average Maturity (WAM) (Months)                                                              254

Servicer Advances                                                                                    0.00
</TABLE>

<PAGE>

Certificate Account

<TABLE>
<S>                                                                    <C>
Beginning Balance                                                                   0.00

Deposit
Payments of Interest and Principal                                          8,938,423.87
Liquidation Proceeds                                                                0.00
All Other Proceeds                                                                  0.00
Other Amounts                                                                       0.00
                                                                       ------------------
Total Deposits                                                              8,938,423.87

Withdrawals
Reimbursement of Servicer Advances                                                  0.00
Payment of Master Servicer Fees                                               143,535.99
Payment of Sub Servicer Fees                                                        0.00
Payment of Other Fees                                                               0.00
Payment of Insurance Premium(s)                                                     0.00
Payment of Personal Mortgage Insurance                                              0.00
Other Permitted Withdrawal per the Pooling and Servicing Agreement             58,664.38
Payment of Principal and Interest                                           8,736,223.50
                                                                       ------------------
Total Withdrawals                                                           8,938,423.87

Ending Balance                                                                      0.00
</TABLE>

         Payment Compensation

         Total Gross Prepayment Interest Shortfall                   0.00
         Compensation for Gross PPIS from Servicing Fees             0.00
         Other Gross PPIS Compensation                               0.00
                                                                     ----

         Total Net PPIS (Non-Supported PPIS)                         0.00

<PAGE>

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------
                                              Delinquency Information
-----------------------------------------------------------------------------------------------------------------

Group 1
-------

Delinquency                                 30 - 59 Days       60 - 89 Days         90+ Days            Totals
-----------                                 ------------       ------------         --------            ------
<S>                                         <C>                <C>                  <C>               <C>
Scheduled Principal Balance                   506,215.05          100,413.00         24,300.00        630,928.05
Percentage of Total Pool Balance               0.526117%           0.104361%         0.025255%         0.655733%
Number of Loans                                        9                   2                 1                12
Percentage of Total Loans                      0.453629%           0.100806%         0.050403%         0.604839%

Foreclosure
-----------

Scheduled Principal Balance                         0.00                0.00               0.00        24,300.00
Percentage of Total Pool Balance               0.000000%           0.000000%          0.000000%        0.025255%
Number of Loans                                        0                   0                  0                1
Percentage of Total Loans                      0.000000%           0.000000%          0.000000%        0.050403%

Bankruptcy
----------

Scheduled Principal Balance                         0.00                0.00               0.00        44,996.05
Percentage of Total Pool Balance               0.000000%           0.000000%          0.000000%        0.046765%
Number of Loans                                        0                   0                  0                1
Percentage of Total Loans                      0.000000%           0.000000%          0.000000%        0.050403%

REO
---

Scheduled Principal Balance                         0.00                0.00               0.00             0.00
Percentage of Total Pool Balance               0.000000%           0.000000%          0.000000%        0.000000%
Number of Loans                                        0                   0                  0                0
Percentage of Total Loans                      0.000000%           0.000000%          0.000000%        0.000000%

Book Value of all REO Loans                                                                                 0.00
Percentage of Total Pool Balance                                                                       0.000000%

Current Realized Losses                                                                                     0.00
Additional Gains (Recoveries)/Losses                                                                        0.00
Total Realized Losses                                                                                       0.00
</TABLE>

<PAGE>

Group 2
-------

<TABLE>
<CAPTION>
Delinquency                                30 - 59 Days       60 - 89 Days           90+ Days             Totals
-----------                                ------------       ------------           --------             ------
<S>                                        <C>                <C>                    <C>                <C>
Scheduled Principal Balance                 575,550.24            63,787.93           28,433.66         667,771.83
Percentage of Total Pool Balance             0.591682%            0.065576%           0.029231%          0.686488%
Number of Loans                                     22                    4                   2                 28
Percentage of Total Loans                    0.846479%            0.153905%           0.076953%          1.077337%

Foreclosure
-----------

Scheduled Principal Balance                       0.00                 0.00                 0.00         28,433.66
Percentage of Total Pool Balance             0.000000%            0.000000%            0.000000%         0.029231%
Number of Loans                                      0                    0                    0                 2
Percentage of Total Loans                    0.000000%            0.000000%            0.000000%         0.076953%

Bankruptcy
----------

Scheduled Principal Balance                       0.00                 0.00                 0.00        143,032.15
Percentage of Total Pool Balance             0.000000%            0.000000%            0.000000%         0.147041%
Number of Loans                                      0                    0                    0                 3
Percentage of Total Loans                    0.000000%            0.000000%            0.000000%         0.115429%

REO
---

Scheduled Principal Balance                       0.00                 0.00                 0.00              0.00
Percentage of Total Pool Balance             0.000000%            0.000000%            0.000000%         0.000000%
Number of Loans                                      0                    0                    0                 0
Percentage of Total Loans                    0.000000%            0.000000%            0.000000%         0.000000%

Book Value of all REO Loans                                                                                   0.00
Percentage of Total Pool Balance                                                                         0.000000%

Current Realized Losses                                                                                       0.00
Additional Gains (Recoveries)/Losses                                                                          0.00
Total Realized Losses                                                                                         0.00
</TABLE>

<PAGE>

Group 3
-------

<TABLE>
<CAPTION>
Delinquency                                  30 - 59 Days         60 - 89 Days          90+ Days                 Totals
-----------                                  ------------         ------------          --------                 ------
<S>                                          <C>                  <C>                   <C>                  <C>
Scheduled Principal Balance                  2,254,209.22            143,699.46         142,026.78           2,539,935.46
Percentage of Total Pool Balance                0.937352%             0.059754%          0.059058%              1.056163%
Number of Loans                                        28                     6                  3                     37
Percentage of Total Loans                       0.969529%             0.207756%          0.103878%              1.281163%

Foreclosure
-----------

Scheduled Principal Balance                          0.00                  0.00                0.00            142,026.78
Percentage of Total Pool Balance                0.000000%             0.000000%           0.000000%             0.059058%
Number of Loans                                         0                     0                   0                     3
Percentage of Total Loans                       0.000000%             0.000000%           0.000000%             0.103878%

Bankruptcy
----------

Scheduled Principal Balance                          0.00                  0.00                0.00            194,635.55
Percentage of Total Pool Balance                0.000000%             0.000000%           0.000000%             0.080934%
Number of Loans                                         0                     0                   0                     1
Percentage of Total Loans                       0.000000%             0.000000%           0.000000%             0.034626%

REO
---

Scheduled Principal Balance                          0.00                  0.00                0.00                  0.00
Percentage of Total Pool Balance                0.000000%             0.000000%           0.000000%             0.000000%
Number of Loans                                         0                     0                   0                     0
Percentage of Total Loans                       0.000000%             0.000000%           0.000000%             0.000000%

Book Value of all REO Loans                                                                                          0.00
Percentage of Total Pool Balance                                                                                0.000000%

Current Realized Losses                                                                                              0.00
Additional Gains (Recoveries)/Losses                                                                                 0.00
Total Realized Losses                                                                                                0.00
</TABLE>

          ---------------------------------------------------------------
                            Reserve Fund Information
          ---------------------------------------------------------------

               Reserve Fund
               ------------

               Beginning Balance                                 0.00
               Deposits                                          0.00
               Accrued Interest                                  0.00
               Withdrawals                                       0.00
               Ending Balance                                    0.00

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}]]