Document:

<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

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

ISSUANCE
INFORMATION

<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
<S>                          <C>                                                 <C>                        <C>
     Seller:                 GreenPoint Mortgage                                 Cut-Off Date:              November 30, 2000
     Certificate Insurer:    Financial Guaranty Insurance Corporation            Closing Date:              December 18, 2000
     Servicer(s):            GreenPoint Mortgage - Master Servicer               First Payment Date:        January 16, 2001

     Underwriter(s):         Greenwich Capital Markets, Inc. - Underwriter       Distribution Date:         October 15, 2001
                                                                                 Record Date:               October 12, 2001

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

<PAGE>

                    GreenPoint Home Equity Loan Trust 2000-3
                       Home Equity Loan Asset-Backed Notes
                                  Series 2000-3
          Certificate Payment Report for October 15, 2001 Distribution

Distribution in Dollars - Current Period

<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------------
                                      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 102,736,000.00  76,545,640.61     220,132.50  3,692,828.95  3,912,961.45         -            -   72,852,811.66
  A-2    FLT,STEP  98,584,000.00  72,909,682.15     209,676.09  3,386,398.80  3,596,074.89         -            -   69,523,283.35
  A-3    FLT,STEP  97,966,000.00  72,045,441.01     207,751.03  3,435,735.92  3,643,486.95         -            -   68,609,705.09
   S                           -              -     175,183.53             -    175,183.53         -            -               -
   R                           -              -              -             -             -         -            -               -
---------------------------------------------------------------------------------------------------------------------------------

---------------------------------------------------------------------------------------------------------------------------------
 Total            299,286,000.00  221,500,763.76    812,743.15 10,514,963.67 11,327,706.82         -            -  210,985,800.09
---------------------------------------------------------------------------------------------------------------------------------

Interest Accrual Detail                Current Period Factor Information per $1,000 of Original Face
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------------
                                                   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    09/17/01  10/14/01  A-Act/360  395385AF4  102,736,000.00   745.071256   2.142701   35.944839     38.087539   709.126418
  A-2    09/17/01  10/14/01  A-Act/360  395385AG2   98,584,000.00   739.569120   2.126877   34.350390     36.477267   705.218731
  A-3    09/17/01  10/14/01  A-Act/360  395385AH0   97,966,000.00   735.412705   2.120644   35.070697     37.191341   700.342007
   S                                 -                          -            -          -           -             -            -
   R                                 -                          -            -          -           -             -            -
---------------------------------------------------------------------------------------------------------------------------------

Distribution in Dollars - to Date
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       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   102,736,000.00  3,915,634.20  28,408,008.85  1,475,179.49 29,883,188.34 33,798,822.54      -            -  72,852,811.66
  A-2    98,584,000.00  3,740,170.59  27,577,850.21  1,482,866.44 29,060,716.65 32,800,887.24      -            -  69,523,283.35
  A-3    97,966,000.00  3,639,621.41  28,088,840.56  1,267,454.35 29,356,294.91 32,995,916.32      -            -  68,609,705.09
   S                 -    397,831.32              -             -             -    397,831.32      -            -              -
   R                 -             -              -             -             -             -      -            -              -
--------------------------------------------------------------------------------------------------------------------------------
 Total  299,286,000.00 11,693,257.52 84,074,699.63  4,225,500.28 88,300,199.91  99,993,457.43      -            - 210,985,800.09
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

Interest Detail

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
          Pass-    Prior Principal                  Non-           Prior      Unscheduled                   Paid or      Current
         Through   (with Notional)    Accrued     Supported       Unpaid        Interest      Optimal      Deferred       Unpaid
 Class    Rate         Balance       Interest    Interest SF     Interest     Adjustments     Interest     Interest      Interest
-----------------------------------------------------------------------------------------------------------------------------------
                                        (1)          (2)            (3)           (4)      (5)=(1)-(2)+      (6)       (7)=(5)-(6)
                                                                                               (3)+(4
-----------------------------------------------------------------------------------------------------------------------------------
<S>      <C>       <C>               <C>         <C>             <C>          <C>          <C>           <C>           <C>
  A-1    3.69750%   76,545,640.61    220,132.50            -            -              -   220,132.50    220,132.50             -
  A-2    3.69750%   72,909,682.15    209,676.09            -            -              -   209,676.09    209,676.09             -
  A-3    3.70750%   72,045,441.01    207,751.03            -            -              -   207,751.03    207,751.03             -
   S                            -             -            -            -              -            -    175,183.53             -
   R                            -             -            -            -              -            -             -             -
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
 Total             221,500,763.76    637,559.62            -            -              -   637,559.62    812,743.15             -
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------------
                                                      Collection Account Report

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

SUMMARY                                                                POOL III         POOL II          POOL I            TOTAL
---------------------------------------------------------------------------------------------------------------------------------
<S>                                                                <C>             <C>             <C>              <C>
    Net Principal Collections                                      3,114,397.58    3,186,171.78    3,482,790.21     9,783,359.57

    TOTAL PRINCIPAL                                                3,114,397.58    3,186,171.78    3,482,790.21     9,783,359.57

    Interest Collections                                             539,411.51      504,029.00      531,154.99     1,574,595.50
    Interest Fees                                                    (10,322.14)     (10,463.14)     (10,967.15)      (31,752.43)

    TOTAL INTEREST                                                   529,089.37      493,565.86      520,187.84     1,542,843.07

    TOTAL AVAILABLE FUNDS                                          3,643,486.95    3,679,737.64    4,002,978.05    11,326,202.64

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

PRINCIPAL - COLLECTIONS                                                POOL III         POOL II          POOL I            TOTAL
---------------------------------------------------------------------------------------------------------------------------------

    Principal Collections                                          3,954,196.75    3,749,147.20    4,394,045.64    12,097,389.59
    Repurchases/Substitutions                                              0.00            0.00            0.00             0.00
    Liquidations                                                           0.00       52,577.97       73,459.84       126,037.81
    Insurance Principal                                                    0.00            0.00            0.00             0.00
    Liquidation Loss Amounts                                               0.00       (1,504.19)           0.00        (1,504.19)
    Additional Balances                                             (839,799.17)    (612,545.02)    (984,715.27)   (2,437,059.46)
    Draw Amount on Demand Note                                             0.00        1,504.19            0.00         1,504.19

    TOTAL PRINCIPAL COLLECTED                                      3,114,397.58    3,186,171.78    3,482,790.21     9,783,359.57

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

PRINCIPAL - WITHDRAWALS                                                POOL III         POOL II          POOL I            TOTAL
---------------------------------------------------------------------------------------------------------------------------------
                                                SPACE INTENTIONALLY LEFT BLANK

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

PRINCIPAL - OTHER ACCOUNTS                                             POOL III         POOL II          POOL I            TOTAL
---------------------------------------------------------------------------------------------------------------------------------
                                                SPACE INTENTIONALLY LEFT BLANK

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

INTEREST - COLLECTIONS                                                 POOL III         POOL II          POOL I            TOTAL
---------------------------------------------------------------------------------------------------------------------------------

    Interest Collections                                             569,532.92      534,236.42      562,798.72     1,666,568.06
    Repurchases/Substitutions                                              0.00            0.00            0.00             0.00
    Liquidations                                                           0.00          492.92          673.38         1,166.30
    Insurance Interest                                                     0.00            0.00            0.00             0.00
    Other Additional Interest                                              0.00            0.00            0.00             0.00
    Current Servicing Fee                                            (30,121.41)     (30,700.34)     (32,317.11)      (93,138.86)

    TOTAL INTEREST                                                   539,411.51      504,029.00      531,154.99     1,574,595.50

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

<PAGE>

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

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

INTEREST - OTHER ACCOUNTS                                              POOL III         POOL II          POOL I            TOTAL
---------------------------------------------------------------------------------------------------------------------------------
                                                 SPACE INTENTIONALLY LEFT BLANK

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

INTEREST - FEES                                                        POOL III         POOL II          POOL I            TOTAL
---------------------------------------------------------------------------------------------------------------------------------

    Trustee Fee                                                          602.43          614.01          646.34         1,862.78
    Certificate Insurer Premium                                        9,719.71        9,849.13       10,320.81        29,889.65
    Management Fee                                                         0.00            0.00            0.00             0.00

    TOTAL INTEREST  FEES                                              10,322.14       10,463.14       10,967.15        31,752.43

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

<PAGE>

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
                                                     Credit Enhancement Report

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

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

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

INSURANCE                                                                POOL III         POOL II          POOL I            TOTAL
-----------------------------------------------------------------------------------------------------------------------------------

    Insured Amount                                                           0.00            0.00            0.00             0.00
    Reimbursements to the Insurer                                            0.00            0.00            0.00             0.00
    Cumulative Insurance Payment                                             0.00            0.00            0.00             0.00

    Draws on the Policy                                                      0.00            0.00            0.00             0.00
    Draws on the Demand Note                                                 0.00        1,504.19            0.00         1,504.19

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

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

STRUCTURAL FEATURES                                                      POOL III         POOL II          POOL I            TOTAL
-----------------------------------------------------------------------------------------------------------------------------------

    Pool Delinquency Rate                                                  1.8114%         2.7580%         2.2964%
    Rolling Six-month Pool Delinquency Rate                                1.9417%         1.5045%         1.2154%

    Prior Overcollateralization Amount                                       0.00            0.00            0.00             0.00
    Specified Overcollateralization Amount                           2,161,032.93    2,174,666.96    2,846,183.88     7,181,883.78
    Overcollateralization Amount                                       245,949.63      769,630.16    1,015,422.57     2,031,002.36
    Overcollateralization Deficiency Amount                          1,915,083.30    1,405,036.80    1,830,761.31     5,150,881.42

    Overcollateralization Deficit                                            0.00            0.00            0.00             0.00
    Overcollateralization Reduction Amount                                   0.00            0.00            0.00             0.00
    Step-Up Overcollateralization Amount                                     0.00            0.00            0.00             0.00

    Current Accelerated Principal Payment                              321,338.34      200,227.02      210,038.74       731,604.10
    Cumulative Accelerated Principal Payment                           930,809.29      988,205.11    1,225,461.31     3,144,475.71

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

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                                             Collateral Report
------------------------------------------------------------------------------------------------------------------------------------

COLLATERAL                                                            POOL III           POOL II            POOL I            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                              <C>               <C>              <C>              <C>
      Loan Count:
    Original                                                               583              2188              2664             5435
    Prior                                                                  418             1,617             1,969            4,004
    Prefunding                                                               -                 -                 -                -
    Scheduled Paid Offs                                                      -                 -                 -                -
    Full Voluntary Prepayments                                             (18)              (65)              (80)            (163)
    Repurchases                                                              -                 -                 -                -
    Liquidations                                                             -                (2)               (1)              (3)
    --------------------------------------------------------------------------------------------------------------------------------
    Current                                                                400             1,551             1,888            3,839

    Principal Balance:
    Original                                                     96,045,908.07     96,651,865.01    100,721,912.99   293,419,686.07
    Prior                                                        72,291,390.64     73,680,816.49     77,561,063.18   223,533,270.31
    Prefunding                                                               -                 -                 -                -
    Scheduled Principal                                             (91,879.27)      (107,021.99)      (110,510.63)     (309,411.89)
    Partial and Full Voluntary Prepayments                       (3,862,317.48)    (3,640,621.02)    (4,283,535.01)  (11,786,473.51)
    Repurchases                                                              -                 -                 -                -
    Liquidations                                                             -        (52,577.97)       (73,459.84)     (126,037.81)
    --------------------------------------------------------------------------------------------------------------------------------
    Current                                                      69,176,993.06     70,493,140.53     74,078,272.97   213,748,406.56
------------------------------------------------------------------------------------------------------------------------------------

<CAPTION>
PREFUNDING                                                            POOL III           POOL II            POOL I            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                   <C>                <C>                <C>               <C>

                                                   SPACE INTENTIONALLY LEFT BLANK

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

<CAPTION>
CHARACTERISTICS                                                       POOL III           POOL II            POOL I            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                   <C>               <C>               <C>              <C>
    Weighted Average Coupon Original                                  7.491710%         7.985425%         8.355685%        7.950915%
    Weighted Average Coupon Prior                                     9.954251%         9.786363%         9.925296%        9.888659%
    Weighted Average Coupon Current                                   9.957929%         9.855330%         9.982959%        9.932795%
    --------------------------------------------------------------------------------------------------------------------------------
    Weighted Average Months to Maturity Original                           194               199               197              197
    Weighted Average Months to Maturity Prior                              186               192               189              189
    Weighted Average Months to Maturity Current                            186               191               187              188
    --------------------------------------------------------------------------------------------------------------------------------
    Weighted Avg Remaining Amortization Term Original                      200               214               208              207
    Weighted Avg Remaining Amortization Term Prior                         195               206               200              200
    Weighted Avg Remaining Amortization Term Current                       195               205               199              200
    --------------------------------------------------------------------------------------------------------------------------------
    Weighted Average Seasoning Original                                   2.84              2.88              3.04             2.93
    Weighted Average Seasoning Prior                                      8.87              9.00              9.16             9.01
    Weighted Average Seasoning Current                                    9.88              9.99             10.17            10.01

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

Note: Original information refers to deal issue.

<PAGE>

<TABLE>
<CAPTION>
ARM CHARACTERISTICS                                                   POOL III           POOL II            POOL I            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                   <C>                <C>                <C>
    Weighted Average Margin Original                                     2.966%            2.411%            2.558%
    Weighted Average Margin Prior                                        3.020%            2.383%            2.518%
    Weighted Average Margin Current                                      2.984%            2.368%            2.517%
    --------------------------------------------------------------------------------------------------------------------------------
    Weighted Average Max Rate Original                                  17.703%           17.039%           17.227%
    Weighted Average Max Rate Prior                                     17.680%           17.204%           17.274%
    Weighted Average Max Rate Current                                   17.666%           17.205%           17.275%
    --------------------------------------------------------------------------------------------------------------------------------
    Weighted Average Min Rate Original                                   6.606%            7.182%            7.837%
    Weighted Average Min Rate Prior                                      6.577%            7.072%            7.766%
    Weighted Average Min Rate Current                                    6.609%            7.070%            7.795%
    --------------------------------------------------------------------------------------------------------------------------------
    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 III           POOL II            POOL I            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                  <C>               <C>               <C>              <C>
    TOTAL SERVICING FEE                                              30,121.41         30,700.34         32,317.11        93,138.86

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

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

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

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                                     Delinquency Report - Total

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

                                                           CURRENT       1 PAYMENT       2  PAYMTS      3+  PAYMTS            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
<S>                  <C>                                <C>           <C>               <C>           <C>              <C>
DELINQUENT           Balance                                          5,974,986.27    1,335,220.80      464,153.61     7,774,360.68
                     % Balance                                                2.80%           0.62%           0.22%            3.64%
                     # Loans                                                    89              24               4              117
                     % # Loans                                                2.32%           0.63%           0.10%            3.05%
------------------------------------------------------------------------------------------------------------------------------------
FORECLOSURE          Balance                                     -      267,653.11       29,061.50    2,332,770.27     2,629,484.88
                     % Balance                                0.00%           0.13%           0.01%           1.09%            1.23%
                     # Loans                                     -               3               1              33               37
                     % # Loans                                0.00%           0.08%           0.03%           0.86%            0.96%
------------------------------------------------------------------------------------------------------------------------------------
BANKRUPTCY           Balance                            224,084.29      118,200.46       70,792.48      395,142.13       808,219.36
                     % Balance                                0.10%           0.06%           0.03%           0.18%            0.38%
                     # Loans                                     5               2               1               6               14
                     % # Loans                                0.13%           0.05%           0.03%           0.16%            0.36%
------------------------------------------------------------------------------------------------------------------------------------
REO                  Balance                                     -               -               -       37,729.48        37,729.48
                     % Balance                                0.00%           0.00%           0.00%           0.02%            0.02%
                     # Loans                                     -               -               -               1                1
                     % # Loans                                0.00%           0.00%           0.00%           0.03%            0.03%
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
TOTAL                Balance                            224,084.29    6,360,839.84    1,435,074.78    3,229,795.49    11,249,794.40
                     % Balance                                0.10%           2.98%           0.67%           1.51%            5.26%
                     # Loans                                     5              94              26              44              169
                     % # Loans                                0.13%           2.45%           0.68%           1.15%            4.40%
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

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

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                                     Delinquency Report - Pool I Group

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

                                                           CURRENT       1 PAYMENT       2  PAYMTS      3+  PAYMTS            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
<S>                  <C>                                <C>           <C>               <C>           <C>              <C>
DELINQUENT           Balance                                          1,572,511.47      592,186.67       70,971.07     2,235,669.21
                     % Balance                                                2.12%           0.80%           0.10%            3.02%
                     # Loans                                                    41              12               2               55
                     % # Loans                                                2.17%           0.64%           0.11%            2.91%
------------------------------------------------------------------------------------------------------------------------------------
FORECLOSURE          Balance                                     -       46,809.33       29,061.50      859,761.20       935,632.03
                     % Balance                                0.00%           0.06%           0.04%           1.16%            1.26%
                     # Loans                                     -               1               1              15               17
                     % # Loans                                0.00%           0.05%           0.05%           0.79%            0.90%
------------------------------------------------------------------------------------------------------------------------------------
BANKRUPTCY           Balance                             61,468.29               -       70,792.48       65,672.64       197,933.41
                     % Balance                                0.08%           0.00%           0.10%           0.09%            0.27%
                     # Loans                                     2               -               1               2                5
                     % # Loans                                0.11%           0.00%           0.05%           0.11%            0.26%
------------------------------------------------------------------------------------------------------------------------------------
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                             61,468.29    1,619,320.80      692,040.65      996,404.91     3,369,234.65
                     % Balance                                0.08%           2.19%           0.93%           1.35%            4.55%
                     # Loans                                     2              42              14              19               77
                     % # Loans                                0.11%           2.22%           0.74%           1.01%            4.08%
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

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

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                             Delinquency Report - Pool II Group

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

                                                           CURRENT       1 PAYMENT       2  PAYMTS      3+  PAYMTS            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
<S>                  <C>                                <C>           <C>               <C>           <C>              <C>
DELINQUENT           Balance                                          1,831,913.12      605,777.90       99,838.91     2,537,529.93
                     % Balance                                                2.60%           0.86%           0.14%            3.60%
                     # Loans                                                    38              11               1               50
                     % # Loans                                                2.45%           0.71%           0.06%            3.22%
------------------------------------------------------------------------------------------------------------------------------------
FORECLOSURE          Balance                                     -       24,936.54               -    1,046,469.01     1,071,405.55
                     % Balance                                0.00%           0.04%           0.00%           1.48%            1.52%
                     # Loans                                     -               1               -              16               17
                     % # Loans                                0.00%           0.06%           0.00%           1.03%            1.10%
------------------------------------------------------------------------------------------------------------------------------------
BANKRUPTCY           Balance                            162,616.00      118,200.46               -      129,469.49       410,285.95
                     % Balance                                0.23%           0.17%           0.00%           0.18%            0.58%
                     # Loans                                     3               2               -               3                8
                     % # Loans                                0.19%           0.13%           0.00%           0.19%            0.52%
------------------------------------------------------------------------------------------------------------------------------------
REO                  Balance                                     -               -               -       37,729.48        37,729.48
                     % Balance                                0.00%           0.00%           0.00%           0.05%            0.05%
                     # Loans                                     -               -               -               1                1
                     % # Loans                                0.00%           0.00%           0.00%           0.06%            0.06%
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
TOTAL                Balance                            162,616.00    1,975,050.12      605,777.90    1,313,506.89     4,056,950.91
                     % Balance                                0.23%           2.80%           0.86%           1.86%            5.76%
                     # Loans                                     3              41              11              21               76
                     % # Loans                                0.19%           2.64%           0.71%           1.35%            4.90%
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

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

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                                    Delinquency Report - Pool III Group

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

                                                           CURRENT       1 PAYMENT       2  PAYMTS      3+  PAYMTS            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
<S>                  <C>                                <C>           <C>               <C>           <C>              <C>
DELINQUENT           Balance                                          2,570,561.68      137,256.23      293,343.63     3,001,161.54
                     % Balance                                                3.72%           0.20%           0.42%            4.34%
                     # Loans                                                    10               1               1               12
                     % # Loans                                                2.50%           0.25%           0.25%            3.00%
------------------------------------------------------------------------------------------------------------------------------------
FORECLOSURE          Balance                                     -      195,907.24               -      426,540.06       622,447.30
                     % Balance                                0.00%           0.28%           0.00%           0.62%            0.90%
                     # Loans                                     -               1               -               2                3
                     % # Loans                                0.00%           0.25%           0.00%           0.50%            0.75%
------------------------------------------------------------------------------------------------------------------------------------
BANKRUPTCY           Balance                                     -               -               -      200,000.00       200,000.00
                     % Balance                                0.00%           0.00%           0.00%           0.29%            0.29%
                     # Loans                                     -               -               -               1                1
                     % # Loans                                0.00%           0.00%           0.00%           0.25%            0.25%
------------------------------------------------------------------------------------------------------------------------------------
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                                     -    2,766,468.92      137,256.23      919,883.69     3,823,608.84
                     % Balance                                0.00%           4.00%           0.20%           1.33%            5.53%
                     # Loans                                     -              11               1               4               16
                     % # Loans                                0.00%           2.75%           0.25%           1.00%            4.00%
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

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

<PAGE>

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

<TABLE>
<CAPTION>
SUMMARY                                               LOAN GROUP
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                   <C>
Total Loan Count = 1                                  Loan Group 1  =  Pool I Group;   REO Book Value  =  Not Available
Total Original Principal Balance = 40,000.00          Loan Group 2  =  Pool II Group;  REO Book Value  =  Not Available
Total Current Balance = 37,729.48                     Loan Group 3  =  Pool III Group; REO Book Value  =  Not Available
REO Book Value = Not Available

------------------------------------------------------------------------------------------------------------------------------------
</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>
   101351765 2        40,000.00       37,729.48        Nov-12-00         14.250%      CA  -  89.18%         180          Aug-07-00

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

<PAGE>

--------------------------------------------------------------------------------
                    Prepayment Report - Voluntary Prepayments
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
VOLUNTARY PREPAYMENTS                                                     POOL III         POOL II          POOL I            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
    <S>                                                              <C>             <C>             <C>             <C>
    Current
    Number of Paid in Full Loans                                                18              65              80              163
    Number of Repurchased Loans                                                  -               -               -                -
    --------------------------------------------------------------------------------------------------------------------------------
    Total Number of Loans Prepaid in Full                                       18              65              80              163

    Paid in Full Balance                                              3,224,464.17    3,270,973.01    3,697,352.25    10,192,789.43
    Repurchased Loans Balance                                                    -               -               -                -
    Curtailments Amount                                                 637,853.31      369,648.01      586,182.76     1,593,684.08
    --------------------------------------------------------------------------------------------------------------------------------
    Total Prepayment Amount                                           3,862,317.48    3,640,621.02    4,283,535.01    11,786,473.51

    Cumulative
    Number of Paid in Full Loans                                               183             628             767            1,578
    Number of Repurchased Loans                                                  -               -               -                -
    --------------------------------------------------------------------------------------------------------------------------------
    Total Number of Loans Prepaid in Full                                      183             628             767            1,578

    Paid in Full Balance                                             34,924,987.58   31,815,072.06   33,109,569.27    99,849,628.91
    Repurchased Loans Balance                                                    -               -               -                -
    Curtailments Amount                                              12,771,302.77    8,338,630.63   10,591,786.90    31,701,720.30
    --------------------------------------------------------------------------------------------------------------------------------
    Total Prepayment Amount                                          47,696,290.35   40,153,702.69   43,701,356.17   131,551,349.21

                                                   SPACE INTENTIONALLY LEFT BLANK

------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>

VOLUNTARY PREPAYMENT RATES                                                POOL III         POOL II          POOL I            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
    <S>                                                                   <C>            <C>             <C>              <C>
    SMM                                                                      5.35%           4.95%           5.53%            5.28%
    3 Months Avg SMM                                                         5.99%           5.47%           5.95%            5.80%
    12 Months Avg SMM
    Avg SMM Since Cut-off                                                    5.59%           4.64%           4.81%            5.00%

    CPR                                                                     48.30%          45.61%          49.48%           47.85%
    3 Months Avg CPR                                                        52.34%          49.06%          52.08%           51.19%
    12 Months Avg CPR
    Avg CPR Since Cut-off                                                   49.83%          43.43%          44.65%           45.98%

    PSA                                                                   2445.18%        2282.95%        2433.35%         2388.84%
    3 Months Avg PSA Approximation                                        2845.96%        2642.58%        2756.22%         2748.58%
    12 Months Avg PSA Approximation
    Avg PSA Since Cut-off Approximation                                   3979.87%        3453.24%        3457.47%         3627.35%

------------------------------------------------------------------------------------------------------------------------------------
</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.
--------------------------------------------------------------------------------

**  denotes rooftop
*** denotes less than

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                              Realized Loss Report - Collateral
------------------------------------------------------------------------------------------------------------------------------------

COLLATERAL REALIZED LOSSES                                                POOL III         POOL II          POOL I            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                    <C>               <C>            <C>              <C>
    Current
    Number of Loans Liquidated                                                  -               2               1                3
    Collateral Realized Loss/(Gain) Amount                                      -        1,504.19               -         1,504.19
    Net Liquidation Proceeds                                                    -       51,073.79       73,459.84       124,533.63

    Cumulative
    Number of Loans Liquidated                                                  -              11               8               19
    Collateral Realized Loss/(Gain) Amount                              462,593.66      38,774.15               -       501,367.81
    Net Liquidation Proceeds                                           (462,593.66)    495,196.98      391,926.54       424,529.86

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

    Cumulative Losses as % of Original Balance                             0.4816%         0.0401%         0.0000%          0.1709%

    Cumulative Losses as % of Current Balance                              0.6687%         0.0550%         0.0000%          0.2346%

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

<CAPTION>
DEFAULT SPEEDS                                                            POOL III         POOL II          POOL I            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                       <C>              <C>              <C>               <C>
    MDR                                                                      0.00%           0.07%           0.09%            0.06%
    3 Months Avg MDR                                                         0.00%           0.20%           0.14%            0.12%
    12 Months Avg MDR
    Avg MDR Since Cut-off                                                    0.00%           0.07%           0.05%            0.04%

    CDR                                                                      0.00%           0.85%           1.13%            0.67%
    3 Months Avg CDR                                                         0.00%           2.43%           1.70%            1.40%
    12 Months Avg CDR
    Avg CDR Since Cut-off                                                    0.00%           0.80%           0.56%            0.46%

    SDA                                                                      0.00%           4.27%           5.56%            3.37%
    3 Months Avg  SDA Approximation                                          0.00%          13.08%           8.99%            7.51%
    12 Months Avg SDA Approximation
    Avg SDA Since Cut-off Approximation                                      0.00%           6.40%           4.37%            3.65%

    Loss Severity Approximation for Current Period                                           2.86%           0.00%            1.19%
    3 Months Avg Loss Severity Approximation                                                 2.70%           0.00%           99.47%
    12 Months Avg Loss Severity Approximation
    Avg  Loss Severity Approximation Since Cut-off                                          11.48%           0.00%           79.96%

------------------------------------------------------------------------------------------------------------------------------------
</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.
--------------------------------------------------------------------------------

*** denotes less than
**  denotes rooftop

<PAGE>

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

<TABLE>
<CAPTION>
SUMMARY                                                                  LOAN GROUP
---------------------------------------------------------                -----------------------------------------------------------
<S>                                                                      <C>
Total Loan Count =  3                                                    Loan Group 1    =    Pool I Group
Total Original Principal Balance =  128,000.00                           Loan Group 2    =    Pool II Group
Total Prior Principal Balance =  126,037.81                              Loan Group 3    =    Pool III Group
Total Realized Loss Amount =  1,504.19
Total Net Liquidation Proceeds =  124,533.63
---------------------------------------------------------                -----------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
   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
------------------------------------------------------------------------------------------------------------------------------------
<S>                <C>       <C>            <C>            <C>              <C>         <C>               <C>            <C>
   101907400 1                 75,000.00       73,459.84               -       11.000%   CA  -  42.58%             180    Nov-01-00
   101684611 2                 25,000.00       24,666.37               -       11.250%   CA  -  90.00%             180    Sep-22-00
   101851814 2                 28,000.00       27,911.60               -       11.250%   CA  -  90.00%             180    Nov-06-00

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

<PAGE>

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

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

    Insurer Default                                                             No              No              No               No

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

<TABLE>
<CAPTION>

ADJUSTABLE RATE CERTIFICATE INFORMATION                                   POOL III         POOL II          POOL I            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                       <C>              <C>              <C>               <C>
                                                   SPACE INTENTIONALLY LEFT BLANK

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

<TABLE>
<CAPTION>
ADDITIONAL INFORMATION                                                    POOL III         POOL II          POOL I            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
    <S>                                                                 <C>             <C>             <C>             <C>
    Detail Delinq. Breakdown to Supplement pages 11-13
    Number of Mort. Loans Delinq. 90 -119 days                                   1               1               2                4
    Balance of Mort. Loans Delinq. 90 -119 days                         293,343.63       99,838.91       70,971.07       464,153.61
    Number of Mort. Loans Delinq. 120 -149 days                                  -               -               -                -
    Balance of Mort. Loans Delinq. 120 -149 days                              0.00            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             0.00
    Number of Mort. Loans Delinq. 180 days or more                               -               -               -                -
    Balance of Mort. Loans Delinq. 180 days or more                           0.00            0.00           12.00            12.00
    Number of Mort. Loans Delinq. 180 days or more (including status)            1               7              12               20
    Balance of Mort. Loans Delinq. 180 days or more (including status)  200,000.00      404,495.13      644,378.71     1,248,873.84

    Management Fee Accrued and Unpaid                                     1,636.70        1,647.00        1,716.30         5,000.00

------------------------------------------------------------------------------------------------------------------------------------
</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:        November 30, 2000
       Certificate Insurer:    Financial Guaranty Insurance Corporation       Closing Date:        December 18, 2000
       Servicer(s):            GreenPoint Mortgage - Master Servicer          First Payment Date:  January 16, 2001

       Underwriter(s):         Greenwich Capital Markets, Inc. - Underwriter  Distribution Date:   August 15, 2001
                                                                              Record Date:         August 14, 2001

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

<PAGE>

                    GreenPoint Home Equity Loan Trust 2000-3
                       Home Equity Loan Asset-Backed Notes
                                  Series 2000-3
           Certificate Payment Report for August 15, 2001 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
---------------------------------------------------------------------------------------------------------------------------------
                                        (1)         (2)            (3)        (4)=(2)+(3)      (5)        (6)    (7)=(1)-(3)-
                                                                                                                     (5)+(6)
---------------------------------------------------------------------------------------------------------------------------------
<S>      <C>       <C>            <C>              <C>         <C>            <C>            <C>        <C>     <C>
  A-1    FLT,STEP  102,736,000.00  85,898,578.45   289,191.88   4,197,909.04   4,487,100.92       -          -   81,700,669.41
  A-2    FLT,STEP   98,584,000.00  81,316,978.11   273,767.16   3,879,753.23   4,153,520.39       -          -   77,437,224.88
  A-3    FLT,STEP   97,966,000.00  79,890,718.77   269,631.18   4,239,154.12   4,508,785.30       -          -   75,651,564.65
   S                            -              -            -              -              -       -          -               -
   R                            -              -            -              -              -       -          -               -
---------------------------------------------------------------------------------------------------------------------------------

---------------------------------------------------------------------------------------------------------------------------------
Total              299,286,000.00 247,106,275.33   832,590.22  12,316,816.39  13,149,406.61       -          -  234,789,458.94
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
Interest Accrual Detail               Current Period Factor Information per $1,000 of
                                      Original Face
------------------------------------------------------------------------------------------------------------------------------------
                                                      Orig.
                                                    Principal
                                                      (with          Prior                                               Current
         Period    Period                           Notional)      Principal                                Total       Principal
 Class  Starting   Ending   Method      Cusip        Balance        Balance      Interest  Principal     Distribution    Balance
------------------------------------------------------------------------------------------------------------------------------------
                                                                      (1)          (2)          (3)      (4)=(2)+(3)       (5)
------------------------------------------------------------------------------------------------------------------------------------
<S>     <C>       <C>                 <C>        <C>              <C>            <C>       <C>            <C>           <C>
  A-1   07/16/01  08/14/01 A-Act/360  395385AF4  102,736,000.00   836.109820     2.814903  40.861130      43.676033    795.248690
  A-2   07/16/01  08/14/01 A-Act/360  395385AG2   98,584,000.00   824.849652     2.776994  39.354796      42.131790    785.494856
  A-3   07/16/01  08/14/01 A-Act/360  395385AH0   97,966,000.00   815.494343     2.752293  43.271687      46.023981    772.222655
   S                          -                               -                         -          -              -             -
   R                          -                               -                         -          -              -             -
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<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
------------------------------------------------------------------------------------------------------------------------------------
              (1)           (2)           (3)           (4)       (5)=(3)+(4)    (6)=(2)+(5)       (7)      (8)      (9)=(1)-(5)-
                                                                                                                        (7)+(8)
------------------------------------------------------------------------------------------------------------------------------------
<S>     <C>             <C>          <C>            <C>           <C>            <C>            <C>       <C>        <C>
  A-1   102,736,000.00  3,407,166.42 19,789,542.93  1,245,787.66  21,035,330.59  24,442,497.01         -          -  81,700,669.41
  A-2    98,584,000.00  3,257,205.63 19,888,250.17  1,258,524.95  21,146,775.12  24,403,980.75         -          -  77,437,224.88
  A-3    97,966,000.00  3,164,189.93 21,230,240.53  1,084,194.82  22,314,435.35  25,478,625.28         -          -  75,651,564.65
   S                 -             -             -             -              -              -         -          -              -
   R                 -             -             -             -              -              -         -          -              -

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

Total   299,286,000.00  9,828,561.98 60,908,033.63  3,588,507.43  64,496,541.06  74,325,103.04         -          -  234,789,458.94
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Interest Detail
------------------------------------------------------------------------------------------------------------------------------------
           Pass-    Prior Principal                    Non-       Prior       Unscheduled                   Paid or        Current
         Through   (with Notional)     Accrued      Supported    Unpaid        Interest       Optimal      Deferred        Unpaid
 Class     Rate        Balance        Interest     Interest SF  Interest      Adjustments    Interest       Interest       Interest
------------------------------------------------------------------------------------------------------------------------------------
                                         (1)           (2)       (3)            (4)          (5)=(1)-         (6)        (7)=(5)-(6)
                                                                                            (2)+(3)+(4)
------------------------------------------------------------------------------------------------------------------------------------
<S>      <C>       <C>                <C>          <C>          <C>           <C>       <C>            <C>               <C>
  A-1     4.04000%    85,898,578.45    289,191.88         -         -              -    289,191.88     289,191.88              -

  A-2     4.04000%    81,316,978.11    273,767.16         -         -              -    273,767.16     273,767.16              -

  A-3     4.05000%    79,890,718.77    269,631.18         -         -              -    269,631.18     269,631.18              -
   S                              -             -         -         -              -             -              -              -
   R                              -             -         -         -              -             -              -              -
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
 Total               247,106,275.33    832,590.22         -         -              -    832,590.22     832,590.22              -
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------
                                                     Collection Account Report
------------------------------------------------------------------------------------------------------------------------------

SUMMARY                                                             POOL III         POOL II          POOL I            TOTAL
------------------------------------------------------------------------------------------------------------------------------
<S>                                                             <C>             <C>             <C>             <C>
    Net Principal Collections                                   3,870,553.12    3,495,161.15    3,808,363.04    11,174,077.31

    TOTAL PRINCIPAL                                             3,870,553.12    3,495,161.15    3,808,363.04    11,174,077.31

    Interest Collections                                          649,615.19      670,008.37      691,030.85     2,010,654.41
    Interest Fees                                                 (11,383.01)     (11,649.13)     (12,292.97)      (35,325.11)

    TOTAL INTEREST                                                638,232.18      658,359.24      678,737.88     1,975,329.30

    TOTAL AVAILABLE FUNDS                                       4,508,785.30    4,153,520.39    4,487,100.92    13,149,406.61

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

<TABLE>
<CAPTION>
PRINCIPAL - COLLECTIONS                                             POOL III         POOL II          POOL I            TOTAL
------------------------------------------------------------------------------------------------------------------------------
<S>                                                             <C>             <C>             <C>             <C>
    Principal Collections                                       5,197,550.96    4,459,785.65    4,898,476.01    14,555,812.62
    Repurchases/Substitutions                                           0.00            0.00            0.00             0.00
    Liquidations                                                        0.00      105,426.18       51,841.54       157,267.72
    Insurance Principal                                                 0.00            0.00            0.00             0.00
    Liquidation Loss Amounts                                     (462,593.66)           0.00            0.00      (462,593.66)
    Additional Balances                                        (1,326,997.84)  (1,070,050.68)  (1,141,954.51)   (3,539,003.03)
    Draw Amount on Demand Note                                    462,593.66            0.00            0.00       462,593.66

    TOTAL PRINCIPAL COLLECTED                                   3,870,553.12    3,495,161.15    3,808,363.04    11,174,077.31

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

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

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

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

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

<TABLE>
<CAPTION>
INTEREST - COLLECTIONS                                              POOL III         POOL II          POOL I            TOTAL
------------------------------------------------------------------------------------------------------------------------------
<S>                                                             <C>             <C>             <C>             <C>
    Interest Collections                                          682,900.87      702,930.54      726,502.05     2,112,333.46
    Repurchases/Substitutions                                           0.00            0.00            0.00             0.00
    Liquidations                                                        0.00        1,020.75          464.41         1,485.16
    Insurance Interest                                                  0.00            0.00            0.00             0.00
    Other Additional Interest                                           0.00            0.00            0.00             0.00
    Current Servicing Fee                                         (33,285.68)     (33,942.92)     (35,935.61)     (103,164.21)

    TOTAL INTEREST                                                649,615.19      670,008.37      691,030.85     2,010,654.41

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

<PAGE>

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

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

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

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

<TABLE>
<CAPTION>
INTEREST - FEES                                                     POOL III         POOL II          POOL I            TOTAL
------------------------------------------------------------------------------------------------------------------------------
<S>                                                             <C>             <C>             <C>             <C>
    Trustee Fee                                                      665.71           678.86          718.71         2,063.28
    Certificate Insurer Premium                                   10,717.30        10,970.27       11,574.26        33,261.83
    Management Fee                                                     0.00             0.00            0.00             0.00

    TOTAL INTEREST FEES                                           11,383.01        11,649.13       12,292.97        35,325.11

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

<PAGE>

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------
                                                   Credit Enhancement Report
-----------------------------------------------------------------------------------------------------------------------------

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

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

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

    Draws on the Policy                                                 0.00            0.00            0.00             0.00
    Draws on the Demand Note                                      462,593.66            0.00            0.00       462,593.66

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

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

<CAPTION>
STRUCTURAL FEATURES                                                 POOL III         POOL II          POOL I            TOTAL
-----------------------------------------------------------------------------------------------------------------------------
<S>                                                                 <C>              <C>              <C>               <C>
    Pool Delinquency Rate                                             2.1271%         1.4914%         1.2006%
    Rolling Six-month Pool Delinquency Rate                           1.6624%         0.8437%         0.7857%

    Prior Overcollateralization Amount                                  0.00            0.00            0.00             0.00
    Specified Overcollateralization Amount                      2,161,032.93    2,174,666.96    2,617,405.01     6,953,104.90
    Overcollateralization Amount                                        0.00      146,023.56      346,883.77       492,907.33
    Overcollateralization Deficiency Amount                     2,161,032.93    2,028,643.40    2,270,521.24     6,460,197.57

    Overcollateralization Deficit                                  99,072.34            0.00            0.00        99,072.34
    Overcollateralization Reduction Amount                              0.00            0.00            0.00             0.00
    Step-Up Overcollateralization Amount                                0.00            0.00            0.00             0.00

    Current Accelerated Principal Payment                         363,521.32      384,592.08      389,546.00     1,137,659.40
    Cumulative Accelerated Principal Payment                      363,521.32      530,615.64      736,429.77     1,630,566.73

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

<PAGE>

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------
                                                    Collateral Report
-----------------------------------------------------------------------------------------------------------------------------

COLLATERAL                                                          POOL III         POOL II          POOL I            TOTAL
-----------------------------------------------------------------------------------------------------------------------------
<S>                                                                 <C>              <C>              <C>               <C>
      Loan Count:
    Original                                                             583            2188            2664             5435
    Prior                                                                459           1,772           2,172            4,403
    Prefunding                                                             -               -               -                -
    Scheduled Paid Offs                                                    -               -               -                -
    Full Voluntary Prepayments                                           (21)            (68)            (89)            (178)
    Repurchases                                                            -               -               -                -
    Liquidations                                                           -              (2)             (2)              (4)
    -------------------------------------------------------------------------------------------------------------------------
    Current                                                              438           1,703           2,081            4,222

    Principal Balance:
    Original                                                   96,045,908.07   96,651,865.01  100,721,912.99   293,419,686.07
    Prior                                                      79,885,639.09   81,463,001.67   86,245,462.22   247,594,102.98
    Prefunding                                                             -               -               -                -
    Scheduled Principal                                          (122,552.14)    (151,706.51)    (155,073.05)     (429,331.70)
    Partial and Full Voluntary Prepayments                     (5,074,998.82)  (4,308,079.14)  (4,743,402.96)  (14,126,480.92)
    Repurchases                                                            -               -               -                -
    Liquidations                                                           -     (105,426.18)     (51,841.54)     (157,267.72)
    -------------------------------------------------------------------------------------------------------------------------
    Current                                                    75,552,492.31   77,967,840.52   82,437,099.18   235,957,432.01
-----------------------------------------------------------------------------------------------------------------------------

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

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

<CAPTION>
CHARACTERISTICS                                                     POOL III         POOL II          POOL I            TOTAL
-----------------------------------------------------------------------------------------------------------------------------
<S>                                                                 <C>              <C>              <C>               <C>
    Weighted Average Coupon Original                                7.491710%       7.985425%       8.355685%        7.950915%
    Weighted Average Coupon Prior                                  10.529270%      10.417397%      10.501942%       10.482378%
    Weighted Average Coupon Current                                10.166330%      10.019127%      10.103499%       10.096011%
    -------------------------------------------------------------------------------------------------------------------------
    Weighted Average Months to Maturity Original                         194             199             197              197
    Weighted Average Months to Maturity Prior                            188             194             191              191
    Weighted Average Months to Maturity Current                          187             193             190              190
    -------------------------------------------------------------------------------------------------------------------------
    Weighted Avg Remaining Amortization Term Original                    200             214             208              207
    Weighted Avg Remaining Amortization Term Prior                       195             207             202              201
    Weighted Avg Remaining Amortization Term Current                     194             206             201              200
    -------------------------------------------------------------------------------------------------------------------------
    Weighted Average Seasoning Original                                 2.84            2.88            3.04             2.93
    Weighted Average Seasoning Prior                                    7.84            7.85            8.02             7.91
    Weighted Average Seasoning Current                                  8.84            8.86            9.02             8.91

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

Note:  Original information refers to deal issue.

<PAGE>

<TABLE>
<CAPTION>
ARM CHARACTERISTICS                                                 POOL III         POOL II          POOL I            TOTAL
-----------------------------------------------------------------------------------------------------------------------------
<S>                                                                 <C>              <C>              <C>               <C>
    Weighted Average Margin Original                                  2.966%          2.411%          2.558%
    Weighted Average Margin Prior                                     3.005%          2.404%          2.541%
    Weighted Average Margin Current                                   3.034%          2.397%          2.512%
    -------------------------------------------------------------------------------------------------------------------------
    Weighted Average Max Rate Original                               17.703%         17.039%         17.227%
    Weighted Average Max Rate Prior                                  17.688%         17.182%         17.282%
    Weighted Average Max Rate Current                                17.697%         17.203%         17.281%
    -------------------------------------------------------------------------------------------------------------------------
    Weighted Average Min Rate Original                                6.606%          7.182%          7.837%
    Weighted Average Min Rate Prior                                   6.588%          7.070%          7.796%
    Weighted Average Min Rate Current                                 6.604%          7.070%          7.781%
    -------------------------------------------------------------------------------------------------------------------------
    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 III         POOL II          POOL I            TOTAL
-----------------------------------------------------------------------------------------------------------------------------
<S>                                                                <C>             <C>             <C>             <C>
    TOTAL SERVICING FEE                                            33,285.68       33,942.92       35,935.61       103,164.21

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

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

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

<PAGE>

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

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

<TABLE>
<CAPTION>
                                                          CURRENT       1 PAYMENT        2 PAYMTS       3+ PAYMTS             TOTAL
------------------------------------------------------------------------------------------------------------------------------------
<S>                   <C>                              <C>           <C>               <C>           <C>               <C>
DELINQUENT            Balance                                        3,622,210.53       99,123.01       49,870.19      3,771,203.73
                      % Balance                                              1.54%           0.04%           0.02%             1.60%
                      # Loans                                                  60               4               1                65
                      % # Loans                                              1.42%           0.09%           0.02%             1.54%
------------------------------------------------------------------------------------------------------------------------------------
FORECLOSURE           Balance                          160,195.77      123,018.24      522,816.56    2,597,266.29      3,403,296.86
                      % Balance                              0.07%           0.05%           0.22%           1.10%             1.44%
                      # Loans                                   4               2               8              28                42
                      % # Loans                              0.09%           0.05%           0.19%           0.66%             0.99%
------------------------------------------------------------------------------------------------------------------------------------
BANKRUPTCY            Balance                          105,441.50       89,202.33       36,069.57      300,172.64        530,886.04
                      % Balance                              0.04%           0.04%           0.02%           0.13%             0.22%
                      # Loans                                   3               1               1               4                 9
                      % # Loans                              0.07%           0.02%           0.02%           0.09%             0.21%
------------------------------------------------------------------------------------------------------------------------------------
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                          265,637.27    3,834,431.10      658,009.14    2,947,309.12      7,705,386.63
                      % Balance                              0.11%           1.63%           0.28%           1.25%             3.27%
                      # Loans                                   7              63              13              33               116
                      % # Loans                              0.17%           1.49%           0.31%           0.78%             2.75%
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

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

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

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

<TABLE>
<CAPTION>
                                                            CURRENT       1 PAYMENT        2 PAYMTS       3+ PAYMTS            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
<S>                  <C>                                <C>             <C>             <C>             <C>            <C>
DELINQUENT           Balance                                            920,143.22       10,891.75       49,870.19       980,905.16
                     % Balance                                                1.12%           0.01%           0.06%            1.19%
                     # Loans                                                    26               1               1               28
                     % # Loans                                                1.25%           0.05%           0.05%            1.35%
------------------------------------------------------------------------------------------------------------------------------------
FORECLOSURE          Balance                             62,084.02               -      165,157.29      764,984.59       992,225.90
                     % Balance                                0.08%           0.00%           0.20%           0.93%            1.20%
                     # Loans                                     2               -               4              14               20
                     % # Loans                                0.10%           0.00%           0.19%           0.67%            0.96%
------------------------------------------------------------------------------------------------------------------------------------
BANKRUPTCY           Balance                             79,926.19               -               -       65,672.64       145,598.83
                     % Balance                                0.10%           0.00%           0.00%           0.08%            0.18%
                     # Loans                                     2               -               -               2                4
                     % # Loans                                0.10%           0.00%           0.00%           0.10%            0.19%
------------------------------------------------------------------------------------------------------------------------------------
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                            142,010.21      920,143.22      176,049.04      880,527.42     2,118,729.89
                     % Balance                                0.17%           1.12%           0.21%           1.07%            2.57%
                     # Loans                                     4              26               5              17               52
                     % # Loans                                0.19%           1.25%           0.24%           0.82%            2.50%
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

Note:  Current = 0-29days, 1 Payment =30-59days, 2 Payments = 60-89days, 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>            <C>
DELINQUENT           Balance                                          1,495,520.36       88,231.26               -     1,583,751.62
                     % Balance                                                1.92%           0.11%           0.00%            2.03%
                     # Loans                                                    29               3               -               32
                     % # Loans                                                1.70%           0.18%           0.00%            1.88%
------------------------------------------------------------------------------------------------------------------------------------
FORECLOSURE          Balance                             98,111.75      123,018.24      210,286.76      572,563.34     1,003,980.09
                     % Balance                                0.13%           0.16%           0.27%           0.73%            1.29%
                     # Loans                                     2               2               3               9               16
                     % # Loans                                0.12%           0.12%           0.18%           0.53%            0.94%
------------------------------------------------------------------------------------------------------------------------------------
BANKRUPTCY           Balance                             25,515.31       89,202.33       36,069.57       34,500.00       185,287.21
                     % Balance                                0.03%           0.11%           0.05%           0.04%            0.24%
                     # Loans                                     1               1               1               1                4
                     % # Loans                                0.06%           0.06%           0.06%           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                            123,627.06    1,707,740.93      334,587.59      607,063.34     2,773,018.92
                     % Balance                                0.16%           2.19%           0.43%           0.78%            3.56%
                     # Loans                                     3              32               7              10               52
                     % # Loans                                0.18%           1.88%           0.41%           0.59%            3.05%
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

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

--------------------------------------------------------------------------------
                       Delinquency Report - Pool III Group

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

<TABLE>
<CAPTION>
                                                            CURRENT       1 PAYMENT        2 PAYMTS       3+ PAYMTS            TOTAL
------------------------------------------------------------------------------------------------------------------------------------
<S>                  <C>                                    <C>       <C>               <C>           <C>              <C>
DELINQUENT           Balance                                          1,206,546.95               -               -     1,206,546.95
                     % Balance                                                1.60%           0.00%           0.00%            1.60%
                     # Loans                                                     5               -               -                5
                     % # Loans                                                1.14%           0.00%           0.00%            1.14%
------------------------------------------------------------------------------------------------------------------------------------
FORECLOSURE          Balance                                     -               -      147,372.51    1,259,718.36     1,407,090.87
                     % Balance                                0.00%           0.00%           0.20%           1.67%            1.86%
                     # Loans                                     -               -               1               5                6
                     % # Loans                                0.00%           0.00%           0.23%           1.14%            1.37%
------------------------------------------------------------------------------------------------------------------------------------
BANKRUPTCY           Balance                                     -               -               -      200,000.00       200,000.00
                     % Balance                                0.00%           0.00%           0.00%           0.26%            0.26%
                     # Loans                                     -               -               -               1                1
                     % # Loans                                0.00%           0.00%           0.00%           0.23%            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                                     -    1,206,546.95      147,372.51    1,459,718.36     2,813,637.82
                     % Balance                                0.00%           1.60%           0.20%           1.93%            3.72%
                     # Loans                                     -               5               1               6               12
                     % # Loans                                0.00%           1.14%           0.23%           1.37%            2.74%
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

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

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                   REO Report - Mortgage Loans that Become REO During Current Distribution

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

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                         Loan Group 3 = Pool III Group; REO Book Value = 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>

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
                                            Prepayment Report - Voluntary Prepayments

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

VOLUNTARY PREPAYMENTS                                                   POOL III         POOL II          POOL I            TOTAL
----------------------------------------------------------------------------------------------------------------------------------
<S>                                                                <C>             <C>             <C>             <C>
    Current
    Number of Paid in Full Loans                                              21              68              89              178
    Number of Repurchased Loans                                                -               -               -                -
    ------------------------------------------------------------------------------------------------------------------------------
    Total Number of Loans Prepaid in Full                                     21              68              89              178

    Paid in Full Balance                                            4,233,326.40    3,415,756.08    3,708,700.43    11,357,782.91
    Repurchased Loans Balance                                                  -               -               -                -
    Curtailments Amount                                               841,672.42      892,323.06    1,034,702.53     2,768,698.01
    ------------------------------------------------------------------------------------------------------------------------------
    Total Prepayment Amount                                         5,074,998.82    4,308,079.14    4,743,402.96    14,126,480.92

    Cumulative
    Number of Paid in Full Loans                                             145             483             579            1,207
    Number of Repurchased Loans                                                -               -               -                -
    ------------------------------------------------------------------------------------------------------------------------------
    Total Number of Loans Prepaid in Full                                    145             483             579            1,207

    Paid in Full Balance                                           27,986,929.29   24,353,980.38   24,633,480.61    76,974,390.28
    Repurchased Loans Balance                                                  -               -               -                -
    Curtailments Amount                                            11,129,519.40    7,374,222.07    9,192,060.18    27,695,801.65
    ------------------------------------------------------------------------------------------------------------------------------
    Total Prepayment Amount                                        39,116,448.69   31,728,202.45   33,825,540.79   104,670,191.93

                                                  SPACE INTENTIONALLY LEFT BLANK

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

<TABLE>
<CAPTION>
VOLUNTARY PREPAYMENTS                                                   POOL III         POOL II          POOL I            TOTAL
----------------------------------------------------------------------------------------------------------------------------------
<S>                                                                <C>             <C>             <C>             <C>
    Current
    Number of Paid in Full Loans                                              21              68              89              178
    Number of Repurchased Loans                                                -               -               -                -
    ------------------------------------------------------------------------------------------------------------------------------
    Total Number of Loans Prepaid in Full                                     21              68              89              178

    Paid in Full Balance                                            4,233,326.40    3,415,756.08    3,708,700.43    11,357,782.91
    Repurchased Loans Balance                                                  -               -               -                -
    Curtailments Amount                                               841,672.42      892,323.06    1,034,702.53     2,768,698.01
    ------------------------------------------------------------------------------------------------------------------------------
    Total Prepayment Amount                                         5,074,998.82    4,308,079.14    4,743,402.96    14,126,480.92

    Cumulative
    Number of Paid in Full Loans                                             145             483             579            1,207
    Number of Repurchased Loans                                                -               -               -                -
    ------------------------------------------------------------------------------------------------------------------------------
    Total Number of Loans Prepaid in Full                                    145             483             579            1,207

    Paid in Full Balance                                           27,986,929.29   24,353,980.38   24,633,480.61    76,974,390.28
    Repurchased Loans Balance                                                  -               -               -                -
    Curtailments Amount                                            11,129,519.40    7,374,222.07    9,192,060.18    27,695,801.65
    ------------------------------------------------------------------------------------------------------------------------------
    Total Prepayment Amount                                        39,116,448.69   31,728,202.45   33,825,540.79   104,670,191.93

                                                  SPACE INTENTIONALLY LEFT BLANK

----------------------------------------------------------------------------------------------------------------------------------
</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.
--------------------------------------------------------------------------------
** denotes roof top

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                                  Realized Loss Report - Collateral
------------------------------------------------------------------------------------------------------------------------------------

COLLATERAL REALIZED LOSSES                                            POOL III         POOL II          POOL I            TOTAL
-------------------------------------------------------------------------------------------------------------------------------
<S>                                                                <C>             <C>          <C>                 <C>
    Current
    Number of Loans Liquidated                                               -               2               2                4
    Collateral Realized Loss/(Gain) Amount                          462,593.66               -               -       462,593.66
    Net Liquidation Proceeds                                       (462,593.66)     105,426.18       51,841.54      (305,325.94)

    Cumulative
    Number of Loans Liquidated                                               -               3               3                6
    Collateral Realized Loss/(Gain) Amount                          462,593.66       20,426.22               -       483,019.88
    Net Liquidation Proceeds                                       (462,593.66)     138,999.96       93,247.31      (230,346.39)

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

    Cumulative Losses as % of Original Balance                          0.4816%         0.0211%         0.0000%          0.1646%

    Cumulative Losses as % of Current Balance                           0.6123%         0.0262%         0.0000%          0.2047%

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

<TABLE>
<CAPTION>
DEFAULT SPEEDS                                                         POOL III         POOL II          POOL I            TOTAL
--------------------------------------------------------------------------------------------------------------------------------
    <S>                                                                <C>              <C>              <C>               <C>
    MDR                                                                   0.00%           0.13%           0.06%            0.06%
    3 Months Avg MDR                                                      0.00%           0.04%           0.02%            0.02%
    12 Months Avg MDR
    Avg MDR Since Cut-off                                                 0.00%           0.02%           0.01%            0.01%

    CDR                                                                   0.00%           1.54%           0.72%            0.76%
    3 Months Avg CDR                                                      0.00%           0.52%           0.24%            0.25%
    12 Months Avg CDR
    Avg CDR Since Cut-off                                                 0.00%           0.28%           0.15%            0.15%

    SDA                                                                   0.00%           8.70%           3.99%            4.26%
    3 Months Avg SDA Approximation                                        0.00%           3.29%           1.50%            1.60%
    12 Months Avg SDA Approximation
    Avg SDA Since Cut-off Approximation                                   0.00%           2.57%           1.37%            1.33%

    Loss Severity Approximation for Current Period                                        0.00%           0.00%          294.14%
    3 Months Avg Loss Severity Approximation                                              0.00%           0.00%          294.14%
    12 Months Avg Loss Severity Approximation
    Avg Loss Severity Approximation Since Cut-off                                        18.91%           0.00%          157.78%

--------------------------------------------------------------------------------------------------------------------------------
</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.
--------------------------------------------------------------------------------

** denotes rooftop
*** denotes less than

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                             Realized Loss Detail Report - Loans Liquidated During Current Distribution
------------------------------------------------------------------------------------------------------------------------------------

SUMMARY                                                                  LOAN GROUP
---------------------------------------------------------                -----------------------------------------------------------
<S>                                                                      <C>
Total Loan Count =                           4                           Loan Group 1    =    Pool I Group
Total Original Principal Balance =  166,900.00                           Loan Group 2    =    Pool II Group
Total Prior Principal Balance =     157,267.72                           Loan Group 3    =    Pool III Group
Total Realized Loss Amount =        462,593.66
Total Net Liquidation Proceeds =   -305,325.94
---------------------------------------------------------                -----------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
   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
------------------------------------------------------------------------------------------------------------------------------------
   <S>             <C>       <C>            <C>            <C>             <C>       <C>                   <C>          <C>

   101716223 1                 41,200.00       40,927.81            -      11.750%   MA  -  90.00%              180       Oct-16-00
   101811024 1                 11,100.00       10,913.73            -       7.000%   IL  -  89.85%              180       Oct-20-00
   101194330 2                 75,000.00       66,568.62            -      11.250%   CA  -  90.00%              180       Oct-18-00
   101572204 2                 39,600.00       38,857.56            -      12.250%   IL  -  95.00%              180       Sep-13-00

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

<PAGE>

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
                                         Triggers, Adj. Rate Cert. and Miscellaneous Report
-----------------------------------------------------------------------------------------------------------------------------------

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

    Insurer Default                                                            No              No              No               No

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

<CAPTION>

ADJUSTABLE RATE CERTIFICATE INFORMATION                                  POOL III         POOL II          POOL I            TOTAL
-----------------------------------------------------------------------------------------------------------------------------------
<S>                                                                      <C>              <C>              <C>               <C>
                                                   SPACE INTENTIONALLY LEFT BLANK

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

<CAPTION>

ADDITIONAL INFORMATION                                                   POOL III         POOL II          POOL I            TOTAL
-----------------------------------------------------------------------------------------------------------------------------------
<S>                                                                     <C>              <C>         <C>               <C>
    Detail Delinq. Breakdown to Supplement pages 11-13
    Number of Mort. Loans Delinq. 90 -119 days                                  -               -               1                1
    Balance of Mort. Loans Delinq. 90 -119 days                              0.00            0.00       49,870.19        49,870.19
    Number of Mort. Loans Delinq. 120 -149 days                                 -               -               -                -
    Balance of Mort. Loans Delinq. 120 -149 days                             0.00            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             0.00
    Number of Mort. Loans Delinq. 180 days or more                              -               -               -                -
    Balance of Mort. Loans Delinq. 180 days or more                          0.00            0.00            7.00             7.00
    Number of Mort. Loans Delinq. 180 days or more (including status)           2               6               7               15
    Balance of Mort. Loans Delinq. 180 days or more (including
    status)                                                            327,578.04      280,088.91      390,179.96       997,846.91

    Management Fee Accrued and Unpaid                                    1,309.36        1,317.60        1,373.04         4,000.00

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

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00032-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00032-of-00352.parquet"}]]