Exhibit 20.1
CNH Equipment Trust 2001-B
$321,500,000 Class A-1 2.1125% Asset Backed Notes due December 16, 2002
$170,000,000 Class A-2 2.495% Asset Backed Notes due April 15, 2004
$331,000,000 Class A-3 3.405% Asset Backed Notes due March 15, 2006
$132,328,000 Class A-4 4.450% Asset Backed Notes due April 16, 2007
$43,401,000 Class B 4.300% Asset Backed Notes due May 15, 2008
$22,977,424 4.300% Asset Backed Certificates
Please contact Kim Zier at 262-636-6644 with any questions regarding this report or e-mail abs@cnh.com. For additional information consult http://investors.cnh.com.
|
| 801100 |
| 801101 |
| 801103 |
| 801151 |
| 5801100 |
| 5801101 |
| 5801103 |
| 5801151 |
|
Cutoff Date |
| 9/30/2004 |
| ||||||||||||||
Date Added |
| 10/31/2001 |
| 10/31/2001 |
| 10/31/2001 |
| 10/31/2001 |
| 10/31/2001 |
| 10/31/2001 |
| 10/31/2001 |
| 10/31/2001 |
|
Pool |
| Pool 1 |
| Pool 2 |
| Pool 3 |
| Pool 4 |
| Pool 5 |
| Pool 6 |
| Pool 7 |
| Pool 8 |
|
Scheduled Cashflows |
| 1,148,593.89 |
| 2,064,410.53 |
| 68,916.23 |
| 245,312.71 |
| 607,078.74 |
| 1,781,616.67 |
| 3,064.80 |
| 92,889.14 |
|
|
| 4,239,891.75 |
| 1,847,142.37 |
| 187,062.18 |
| 49,761.36 |
| 2,134,383.01 |
| 1,995,445.63 |
| 551,669.02 |
| 36,593.95 |
|
|
| 1,504,333.14 |
| 2,796,931.87 |
| 31,889.32 |
| 15,824.55 |
| 476,884.53 |
| 2,929,447.23 |
| 729.00 |
| 59,779.68 |
|
|
| 955,604.55 |
| 3,165,791.01 |
| 4,506.42 |
| 8,644.98 |
| 503,972.50 |
| 1,724,350.24 |
| 250.00 |
| 12,711.40 |
|
|
| 676,016.13 |
| 2,367,844.23 |
| 2,419.12 |
| 8,621.06 |
| 437,655.86 |
| 1,392,292.30 |
| 0.00 |
| 10,306.85 |
|
|
| 476,672.41 |
| 1,798,784.92 |
| 2,419.12 |
| 7,734.84 |
| 421,092.35 |
| 1,375,493.36 |
| 0.00 |
| 2,283.16 |
|
|
| 495,817.82 |
| 2,019,680.27 |
| 2,419.12 |
| 7,734.84 |
| 502,341.41 |
| 1,454,666.05 |
| 13,503.60 |
| 12,393.06 |
|
|
| 553,332.35 |
| 1,659,748.22 |
| 2,419.12 |
| 7,734.84 |
| 465,753.40 |
| 1,286,036.68 |
| 0.00 |
| 5,018.72 |
|
|
| 502,126.21 |
| 1,344,767.62 |
| 2,419.12 |
| 7,734.84 |
| 439,868.54 |
| 1,203,406.54 |
| 0.00 |
| 41,912.20 |
|
|
| 401,316.39 |
| 2,166,531.03 |
| 2,419.12 |
| 7,734.80 |
| 439,735.76 |
| 2,010,978.70 |
| 0.00 |
| 2,283.16 |
|
|
| 712,273.52 |
| 2,943,667.46 |
| 2,419.12 |
| 4,496.31 |
| 431,048.17 |
| 2,762,238.21 |
| 0.00 |
| 2,283.16 |
|
|
| 418,912.06 |
| 3,872,357.14 |
| 2,419.12 |
| 3,105.90 |
| 421,591.97 |
| 2,704,885.09 |
| 0.00 |
| 2,283.32 |
|
|
| 2,603,939.23 |
| 5,390,903.95 |
| 2,419.23 |
| 15,105.70 |
| 1,103,028.74 |
| 1,812,807.13 |
| 16,066.03 |
| 24,829.96 |
|
|
| 3,619,098.46 |
| 1,455,401.61 |
| 0.00 |
| 0.00 |
| 1,839,864.63 |
| 1,162,793.16 |
| 11,423.60 |
| 0.00 |
|
|
| 1,156,625.59 |
| 2,089,032.45 |
| 0.00 |
| 0.00 |
| 336,788.93 |
| 1,548,361.48 |
| 0.00 |
| 2,638.60 |
|
|
| 667,086.03 |
| 2,424,628.15 |
| 0.00 |
| 0.00 |
| 357,158.00 |
| 1,046,578.09 |
| 0.00 |
| 0.00 |
|
|
| 497,261.99 |
| 1,688,893.12 |
| 0.00 |
| 0.00 |
| 298,284.98 |
| 896,067.88 |
| 0.00 |
| 4,575.15 |
|
|
| 291,863.94 |
| 1,167,905.60 |
| 0.00 |
| 0.00 |
| 278,513.66 |
| 948,701.36 |
| 0.00 |
| 0.00 |
|
|
| 321,699.05 |
| 1,356,787.72 |
| 0.00 |
| 0.00 |
| 334,905.05 |
| 998,300.30 |
| 13,503.60 |
| 0.00 |
|
|
| 336,318.20 |
| 1,005,956.89 |
| 0.00 |
| 0.00 |
| 303,509.11 |
| 806,786.56 |
| 0.00 |
| 0.00 |
|
|
| 322,678.64 |
| 652,009.24 |
| 0.00 |
| 0.00 |
| 294,828.90 |
| 757,309.41 |
| 0.00 |
| 0.00 |
|
|
| 234,202.68 |
| 1,218,423.23 |
| 0.00 |
| 0.00 |
| 270,776.09 |
| 1,346,300.06 |
| 0.00 |
| 0.00 |
|
|
| 551,588.47 |
| 1,644,418.80 |
| 0.00 |
| 0.00 |
| 273,931.54 |
| 1,822,849.40 |
| 0.00 |
| 0.00 |
|
|
| 229,753.10 |
| 2,445,614.15 |
| 0.00 |
| 0.00 |
| 262,336.85 |
| 1,764,967.27 |
| 0.00 |
| 0.00 |
|
|
| 1,966,515.04 |
| 3,211,567.35 |
| 0.00 |
| 12,000.00 |
| 752,755.83 |
| 947,712.02 |
| 10,023.60 |
| 21,347.20 |
|
|
| 2,823,076.42 |
| 384,205.45 |
| 0.00 |
| 0.00 |
| 1,318,034.90 |
| 129,076.30 |
| 11,423.60 |
| 0.00 |
|
|
| 690,583.52 |
| 446,350.09 |
| 0.00 |
| 0.00 |
| 76,767.79 |
| 164,956.37 |
| 0.00 |
| 0.00 |
|
|
| 138,469.22 |
| 510,535.56 |
| 0.00 |
| 0.00 |
| 91,728.94 |
| 141,908.66 |
| 0.00 |
| 0.00 |
|
|
| 51,670.05 |
| 181,374.16 |
| 0.00 |
| 0.00 |
| 32,141.17 |
| 136,473.27 |
| 0.00 |
| 0.00 |
|
|
| 14,391.22 |
| 92,152.12 |
| 0.00 |
| 0.00 |
| 22,678.50 |
| 110,268.96 |
| 0.00 |
| 0.00 |
|
|
| 19,250.61 |
| 51,850.39 |
| 0.00 |
| 0.00 |
| 50,387.12 |
| 101,173.97 |
| 0.00 |
| 0.00 |
|
|
| 18,320.54 |
| 59,366.15 |
| 0.00 |
| 0.00 |
| 34,399.93 |
| 89,828.71 |
| 0.00 |
| 0.00 |
|
|
| 41,417.15 |
| 5,231.02 |
| 0.00 |
| 0.00 |
| 28,124.21 |
| 80,143.80 |
| 0.00 |
| 0.00 |
|
|
| 1,607.89 |
| 13,118.75 |
| 0.00 |
| 0.00 |
| 29,080.73 |
| 157,619.86 |
| 0.00 |
| 0.00 |
|
|
| 1,607.89 |
| 128,147.21 |
| 0.00 |
| 0.00 |
| 21,348.85 |
| 218,315.52 |
| 0.00 |
| 0.00 |
|
|
| 65,141.53 |
| 65,480.40 |
| 0.00 |
| 0.00 |
| 20,820.97 |
| 261,652.36 |
| 0.00 |
| 0.00 |
|
|
| 1,649.65 |
| 86,080.94 |
| 0.00 |
| 0.00 |
| 99,050.89 |
| 116,452.52 |
| 0.00 |
| 0.00 |
|
|
| 90,748.15 |
| 27,536.52 |
| 0.00 |
| 0.00 |
| 111,611.34 |
| 8,809.55 |
| 0.00 |
| 0.00 |
|
|
| 19,217.29 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 14,576.03 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Amount of Scheduled Cashflow |
| 28,860,671.77 |
| 55,850,627.69 |
| 314,146.34 |
| 401,546.73 |
| 15,924,263.89 |
| 40,211,646.70 |
| 631,656.85 |
| 334,128.71 |
|
Discount Rate |
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning Contract Value |
| 30,797,384.45 |
| 59,752,138.13 |
| 703,123.09 |
| 797,373.50 |
| 16,197,544.33 |
| 41,081,976.66 |
| 783,549.44 |
| 507,882.28 |
|
Scheduled Contract Value Decline |
| 3,363,245.28 |
| 7,718,417.89 |
| 428,582.97 |
| 647,013.81 |
| 1,576,902.60 |
| 4,411,274.32 |
| 71,770.45 |
| 250,428.62 |
|
Unscheduled Contract Value Decline |
| 438,743.53 |
| (247,464.20 | ) | (37,175.71 | ) | (245,982.83 | ) | (270,259.12 | ) | (1,045,300.87 | ) | 89,570.36 |
| (67,586.30 | ) |
Additional Contract Value Added |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
| 26,995,395.65 |
| 52,281,184.44 |
| 311,715.83 |
| 396,342.52 |
| 14,890,900.85 |
| 37,716,003.20 |
| 622,208.63 |
| 325,039.97 |
|
1
CNH Equipment Trust 2001-B
$321,500,000 Class A-1 2.1125% Asset Backed Notes due December 16, 2002
$170,000,000 Class A-2 2.495% Asset Backed Notes due April 15, 2004
$331,000,000 Class A-3 3.405% Asset Backed Notes due March 15, 2006
$132,328,000 Class A-4 4.450% Asset Backed Notes due April 16, 2007
$43,401,000 Class B 4.300% Asset Backed Notes due May 15, 2008
$22,977,424 4.300% Asset Backed Certificates
Settlement Date |
|
|
|
|
|
|
| |
Scheduled Payment Date |
| 12/15/2001 |
| 10/15/2004 |
|
|
| |
Actual Payment Date |
| 12/17/2001 |
| 10/15/2004 |
|
|
| |
Collection Period Begin Date |
|
|
| 9/1/2004 |
|
|
| |
Collection Period End Date |
|
|
| 9/30/2004 |
|
|
| |
Days in accrual period (30/360) |
|
|
| 30 |
|
|
| |
Days in accrual period (act/360) |
|
|
| 30 |
|
|
| |
1 month LIBOR Rate |
|
|
| 1.7600 | % |
|
| |
|
|
|
|
|
|
|
| |
Collateral Summary |
|
|
|
|
|
|
| |
Wtd. Average Discount Rate |
|
|
| 6.750 | % |
|
| |
Beginning Contract Value |
|
|
| 150,620,971.88 |
|
|
| |
Scheduled Contract Value Decline |
|
|
| 18,467,635.93 |
|
|
| |
Unscheduled Contract Value Decline |
|
|
| (1,385,455.13 | ) |
|
| |
Additional Contract Value Purchased |
|
|
| 0.00 |
|
|
| |
Ending Contract Value |
|
|
| 133,538,791.08 |
|
|
| |
|
|
|
|
|
|
|
| |
Beginning Pre-funding Account Balance |
|
|
| 0.00 |
|
|
| |
Ending Pre-funding Account Balance |
|
|
| 0.00 |
|
|
| |
|
|
|
|
|
|
|
| |
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) |
|
|
| 150,620,971.88 |
|
|
| |
Total Ending Balance (Pool Balance + Pre-funding Account Balance) |
|
|
| 133,538,791.08 |
|
|
| |
|
|
|
|
|
|
|
| |
Collateral Performance |
|
|
|
|
|
|
| |
Scheduled Amounts 30 - 59 days past due |
|
|
| $ | 895,725.31 |
| 0.67 | % |
Scheduled Amounts 60 days or more past due |
|
|
| $ | 1,535,396.87 |
| 1.15 | % |
Net Losses on Liquidated Receivables |
|
|
| $ | 51,220.27 |
| 0.04 | % |
Cumulative Net Losses |
|
|
| $ | 5,899,414.85 |
|
|
|
Number of Loans at Beginning of Period |
|
|
| 13,438 |
|
|
| |
Number of Loans at End of Period |
|
|
| 11,964 |
|
|
| |
Repossessed Equipment not Sold or Reassigned (Beginning) |
|
|
| $ | 374,925.48 |
|
|
|
Repossessed Equipment not Sold or Reassigned (End) |
|
|
| $ | 312,488.61 |
|
|
|
|
|
|
|
|
|
|
| |
Collections and Reinvestment Income |
|
|
|
|
|
|
| |
Receipts During the period |
|
|
| $ | 17,931,613.59 |
|
|
|
|
|
|
|
|
|
|
| |
Warranty Repurchases |
|
|
|
|
|
|
| |
Contracts deferred beyond Final Scheduled Maturity Date |
|
|
| $ | 0.00 |
|
|
|
Government obligors |
|
|
| $ | 0.00 |
|
|
|
Total Warranty Repurchases |
|
|
| $ | 0.00 |
|
|
|
|
|
|
|
|
|
|
| |
Total Collections For The Period |
|
|
| $ | 17,931,613.59 |
|
|
|
|
|
|
|
|
|
|
| |
Reinvestment Income (excluding Pre-funding Account) |
|
|
| $ | 43,733.11 |
|
|
|
Reinvestment Income on Pre-funding Account) |
|
|
| $ | 0.00 |
|
|
|
|
|
|
|
|
|
|
| |
Net Swap Receipts |
|
|
| 0.00 |
|
|
| |
Net Swap Termination Payments due Trust from the Swap CounterParty |
|
|
| $ | 0.00 |
|
|
|
|
|
|
|
|
|
|
| |
Total Collections + Reinvestment Income For The Period - Swap Receipt |
|
|
| $ | 17,975,346.70 |
|
|
|
|
|
|
|
|
|
|
| |
Swap Termination Payments due to Swap CounterParty |
|
|
| $ | 0.00 |
|
|
|
Prior Swap Termination Payment Shortfall |
|
|
| $ | 0.00 |
|
|
|
Total Swap Termination Payment due to Swap CounterParty |
|
|
| $ | 0.00 |
|
|
|
2
CNH Equipment Trust 2001-B
$321,500,000 Class A-1 2.1125% Asset Backed Notes due December 16, 2002
$170,000,000 Class A-2 2.495% Asset Backed Notes due April 15, 2004
$331,000,000 Class A-3 3.405% Asset Backed Notes due March 15, 2006
$132,328,000 Class A-4 4.450% Asset Backed Notes due April 16, 2007
$43,401,000 Class B 4.300% Asset Backed Notes due May 15, 2008
$22,977,424 4.300% Asset Backed Certificates
Actual Payment Date |
|
|
|
|
|
|
| 10/15/2004 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Caclulation of Distributable Amounts |
|
|
|
|
|
|
|
|
|
|
| ||
|
| �� |
|
|
|
|
|
|
|
|
| ||
Current Servicing Fee Due |
|
|
|
|
| 1.000 | % | $ | 125,517.48 |
|
|
| |
Past Due Servicing Fee |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Total Servicing Fee Due |
|
|
|
|
|
|
| $ | 125,517.48 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Current Administration Fee Due |
|
|
|
|
| $ | 500.00 |
| $ | 166.67 |
|
|
|
Past Due Administration Fee |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Total Administration Fee Due |
|
|
|
|
|
|
| $ | 166.67 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Total Principal Balance of Notes and Certificates (Beginning of Period) |
|
|
|
|
|
|
| $ | 150,620,971.88 |
|
|
| |
A-1 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-4 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 121,242,195.88 |
|
|
| |
B notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 6,401,351.03 |
|
|
| |
Certificate Beginning Principal balance |
|
|
|
|
|
|
| $ | 22,977,424.97 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Current Interest Due |
| 2.1125 | % | act/360 |
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-2 Current Interest Due |
|
|
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
|
|
| 1.76000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 0.20000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 1.96000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-2 Current Interest Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-2 Swap float Rate receipt due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Class A-2 Swap fixed Rate payment due |
| 2.495 | % | 30/360 |
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-2 Net Swap receipt |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class A-2 Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Interest on Class A-2 Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class A-2 Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Current Interest Due |
|
|
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
|
|
| 1.76000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 0.31000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 2.07000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Current Interest Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Swap float Rate receipt due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Class A-3 Swap fixed Rate payment due |
| 3.405 | % | 30/360 |
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Net Swap receipt |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class A-3 Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Interest on Class A-3 Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class A-3 Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Net Swap Payments Due |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
A-4 notes Current Interest Due |
| 4.450 | % | 30/360 |
|
|
| $ | 449,606.48 |
|
|
| |
B notes Current Interest Due |
| 4.300 | % | 30/360 |
|
|
| $ | 22,938.17 |
|
|
| |
Certificate Current Interest Due |
| 4.300 | % | 30/360 |
|
|
| $ | 82,335.77 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-4 notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
B notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Certificate Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-4 notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
B notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Certificate Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Total Interest Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Total Interest Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Total Interest Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-4 notes Total Interest Due |
|
|
|
|
|
|
| $ | 449,606.48 |
|
|
| |
B notes Total Interest Due |
|
|
|
|
|
|
| $ | 22,938.17 |
|
|
| |
Certificate Total Interest Due |
|
|
|
|
|
|
| $ | 82,335.77 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-4 notes Principal Due |
|
|
|
|
|
|
| $ | 16,356,192.68 |
|
|
| |
Class B notes Principal Due |
|
|
|
|
|
|
| $ | 725,988.12 |
|
|
| |
Certificate Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Total notes Interest Due |
|
|
|
|
|
|
| $ | 472,544.65 |
|
|
| |
Total notes Principal Due |
|
|
|
|
|
|
| $ | 17,082,180.80 |
|
|
| |
Net Swap/Termination Payment Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Total notes Distributable Amount |
|
|
|
|
|
|
| $ | 17,554,725.45 |
|
|
| |
3
CNH Equipment Trust 2001-B
$321,500,000 Class A-1 2.1125% Asset Backed Notes due December 16, 2002
$170,000,000 Class A-2 2.495% Asset Backed Notes due April 15, 2004
$331,000,000 Class A-3 3.405% Asset Backed Notes due March 15, 2006
$132,328,000 Class A-4 4.450% Asset Backed Notes due April 16, 2007
$43,401,000 Class B 4.300% Asset Backed Notes due May 15, 2008
$22,977,424 4.300% Asset Backed Certificates
Actual Payment Date |
| 10/15/2004 |
|
|
|
Cash Available for Distribution |
|
|
|
|
| ||
Total Collections + Reinvestment Income For The Period |
| $ | 17,975,346.70 |
|
|
| |
|
|
|
|
|
| ||
Beginning Negitive Carry Account |
| $ | 0.00 |
|
|
| |
Deposits from Negitive Carry Account to Distribution Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Beginning Spread Account Balance |
| $ | 20,424,128.50 |
|
|
| |
Additional Deposit to Spread Account from Pre-funding |
| $ | 0.00 |
|
|
| |
Deposits from Spread Account to Distribution Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Beginning Principal Supplement Account |
| $ | 0.00 |
|
|
| |
Deposits from Principal Supplement Account to Distribution Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Total Cash Available |
| $ | 17,975,346.70 |
|
|
| |
|
|
|
|
|
| ||
|
|
|
| Available |
| ||
Cash Allocation (Cashflow Waterfall) |
|
|
|
|
| ||
|
|
|
|
|
| ||
Is CNH the servicier |
| yes |
|
|
| ||
Servicing Fee Paid (If CNH is not the servicer) |
| $ | 0.00 |
|
|
| |
Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 17,975,346.70 |
| |
Administration Fee Paid |
| $ | 166.67 |
|
|
| |
Administration Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 17,975,180.03 |
| |
Net Swap Payment Paid |
| $ | 0.00 |
|
|
| |
Net Swap Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Note Interest & Swap Termination Payment |
|
|
| $ | 17,975,180.03 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Note Interest |
| $ | 17,975,180.03 |
|
|
| |
Cash Available to Pay Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class A-1 notes Interest Paid |
| $ | 0.00 |
|
|
| |
Class A-2 notes Interest Paid |
| $ | 0.00 |
|
|
| |
Class A-3 notes Interest Paid |
| $ | 0.00 |
|
|
| |
Class A-4 notes Interest Paid |
| $ | 449,606.48 |
|
|
| |
|
|
|
| $ | 17,525,573.55 |
| |
Class A-1 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
Class A-2 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
Class A-3 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
Class A-4 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Swap Termination Payment Paid |
| $ | 0.00 |
|
|
| |
Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 17,525,573.55 |
| |
Class B notes Interest Paid |
| $ | 22,938.17 |
|
|
| |
Class B notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 17,502,635.38 |
| |
Class A-1 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-2 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-3 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-4 notes Principal Paid |
| $ | 16,356,192.68 |
|
|
| |
Class B notes Principal Paid |
| $ | 725,988.12 |
|
|
| |
|
|
|
| $ | 420,454.58 |
| |
Deposits to Spread Account |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 420,454.58 |
| |
Certificate Interest Paid |
| $ | 82,335.77 |
|
|
| |
Certificate Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 338,118.81 |
| |
Certificate Principal Paid |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 338,118.81 |
| |
Total Principal Balance of Notes and Certificates (End of Period) |
| $ | 133,538,791.08 |
|
|
| |
A-1 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-2 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-3 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-4 notes Ending Principal balance |
| $ | 104,886,003.20 |
|
|
| |
B notes Ending Principal balance |
| $ | 5,675,362.91 |
|
|
| |
Certificate Ending Principal balance |
| $ | 22,977,424.97 |
|
|
| |
|
|
|
|
|
| ||
Servicing Fee Paid (If CNH is the servicer) |
| $ | 125,517.48 |
|
|
| |
Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| |
Release to Seller as Excess |
| $ | 212,601.33 |
| $ | 212,601.33 |
|
4
CNH Equipment Trust 2001-B
$321,500,000 Class A-1 2.1125% Asset Backed Notes due December 16, 2002
$170,000,000 Class A-2 2.495% Asset Backed Notes due April 15, 2004
$331,000,000 Class A-3 3.405% Asset Backed Notes due March 15, 2006
$132,328,000 Class A-4 4.450% Asset Backed Notes due April 16, 2007
$43,401,000 Class B 4.300% Asset Backed Notes due May 15, 2008
$22,977,424 4.300% Asset Backed Certificates
Actual Payment Date |
|
|
|
|
| 10/15/2004 |
|
|
|
|
|
|
|
|
|
|
| Amount |
| Factor |
| Per/$1000 |
| |||
Summary and Factors |
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (Beginning of Period) |
|
|
|
|
| $ | 150,620,971.88 |
| 0.1474932 |
| $ | 147.49 |
| |
A-1 notes Beginning Principal balance |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
A-2 notes Beginning Principal balance |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
A-3 notes Beginning Principal balance |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
A-4 notes Beginning Principal balance |
|
|
|
|
| $ | 121,242,195.88 |
| 0.9162248 |
| $ | 916.22 |
| |
B notes Beginning Principal balance |
|
|
|
|
| $ | 6,401,351.03 |
| 0.1474932 |
| $ | 147.49 |
| |
Certificate Beginning Principal balance |
|
|
|
|
| $ | 22,977,424.97 |
| 1.0000000 |
| $ | 1,000.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (End of Period) |
|
|
|
|
| $ | 133,538,791.08 |
| 0.1307657 |
| $ | 130.77 |
| |
A-1 notes Ending Principal balance |
| 2.1125 | % | $ | 321,500,000.00 |
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
|
A-2 notes Ending Principal balance |
| 2.495 | % | $ | 170,000,000.00 |
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
|
A-3 notes Ending Principal balance |
| 3.405 | % | $ | 331,000,000.00 |
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
|
A-4 notes Ending Principal balance |
| 4.450 | % | $ | 132,328,000.00 |
| $ | 104,886,003.20 |
| 0.7926214 |
| $ | 792.62 |
|
B notes Ending Principal balance |
| 4.300 | % | $ | 43,401,000.00 |
| $ | 5,675,362.91 |
| 0.1307657 |
| $ | 130.77 |
|
Certificate Ending Principal balance |
| 4.300 | % | $ | 22,977,424.97 |
| $ | 22,977,424.97 |
| 1.0000000 |
| $ | 1,000.00 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Class A-1 notes Interest Paid |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-2 notes Interest Paid |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-3 notes Interest Paid |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-4 notes Interest Paid |
|
|
|
|
| $ | 449,606.48 |
| 0.0033977 |
| $ | 3.40 |
| |
Class B notes Interest Paid |
|
|
|
|
| $ | 22,938.17 |
| 0.0005285 |
| $ | 0.53 |
| |
Certificate Interest Paid |
|
|
|
|
| $ | 82,335.77 |
| 0.0035833 |
| $ | 3.58 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |||
Class A-1 notes Interest Shortfall |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A21 notes Interest Shortfall |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-3 notes Interest Shortfall |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-4 notes Interest Shortfall |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class B notes Interest Shortfall |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Certificate Interest Shortfall |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |||
Class A-1 notes Principal Paid |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-2 notes Principal Paid |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-3 notes Principal Paid |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-4 notes Principal Paid |
|
|
|
|
| $ | 16,356,192.68 |
| 0.1236034 |
| $ | 123.60 |
| |
Class B notes Principal Paid |
|
|
|
|
| $ | 725,988.12 |
| 0.0167275 |
| $ | 16.73 |
| |
Certificate Principal Paid |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |||
Negitive Carry Account |
|
|
|
|
|
|
|
|
|
|
| |||
Negitive Carry |
|
|
| 11/21/2001 |
| 1.608 | % |
|
|
|
| |||
Negitive Carry Days Remaining |
|
|
| 11/21/2001 |
| 0 |
|
|
|
|
| |||
Required Negitive Carry Account |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Beginning Negitive Carry Account |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Negitive Carry Account Withdrawls to Distribution Account |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Negitive Carry Released to Seller |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Negitive Carry Account Balance |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| |||
Spread Account |
|
|
|
|
|
|
|
|
|
|
| |||
Required Spread Account Balance |
|
|
| 2.00 | % | $ | 20,424,128.50 |
|
|
|
|
| ||
Beginning Spread Account Balance |
|
|
|
|
| $ | 20,424,128.50 |
|
|
|
|
| ||
Additional Deposit to Spread Account from Pre-funding |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Spread Account Withdrawls to Distribution Account |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Spread Account Deposits from Excess Cash |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Spread Account Released to Seller |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Spread Account Balance |
|
|
|
|
| $ | 20,424,128.50 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| |||
Principal Supplement Account |
|
|
|
|
|
|
|
|
|
|
| |||
Required Principal Supplement Account Balance |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Beginning Principal Supplement Account Balance |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Additional Deposit to Principal Supplement Account from Pre-funding |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Principal Supplement Account Withdrawls to Distribution Account |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Principal Supplement Account Released to Seller |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Principal Supplement Account |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| |||
Pre-funding Account |
|
|
|
|
|
|
|
|
|
|
| |||
Beginning Pre-funding Account Balance |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
New Contract Value Purchased |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Deposits to Spread Account |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Deposits to Principal Supplement Account |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Pre-funding Account Balance |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Release to seller |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Release to Seller |
|
|
|
|
| $ | 338,285.48 |
|
|
|
|
| ||
5
