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 |
| 10/31/2004 |
| ||||||||||||||
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 |
| 1,309,090.31 |
| 1,425,099.94 |
| 52,147.39 |
| 180,502.53 |
| 780,939.33 |
| 1,508,344.17 |
| 82,749.74 |
| 76,220.28 |
|
|
| 1,243,796.76 |
| 2,196,385.51 |
| 32,414.18 |
| 15,263.78 |
| 430,201.06 |
| 2,643,935.14 |
| 444.60 |
| 58,140.00 |
|
|
| 909,919.10 |
| 3,039,752.41 |
| 2,087.30 |
| 8,644.98 |
| 491,062.55 |
| 1,685,837.60 |
| 250.00 |
| 12,457.88 |
|
|
| 656,328.13 |
| 2,346,687.65 |
| 0.00 |
| 8,621.06 |
| 424,960.66 |
| 1,379,871.60 |
| 0.00 |
| 10,306.85 |
|
|
| 461,344.98 |
| 1,782,820.59 |
| 0.00 |
| 7,734.84 |
| 407,676.29 |
| 1,354,103.24 |
| 0.00 |
| 2,283.16 |
|
|
| 488,222.63 |
| 1,992,092.41 |
| 0.00 |
| 7,734.84 |
| 465,680.91 |
| 1,429,407.19 |
| 13,503.60 |
| 12,393.06 |
|
|
| 548,625.27 |
| 1,640,296.21 |
| 0.00 |
| 7,734.84 |
| 455,294.85 |
| 1,266,167.16 |
| 0.00 |
| 7,816.00 |
|
|
| 485,398.94 |
| 1,328,847.56 |
| 0.00 |
| 7,734.84 |
| 429,354.93 |
| 1,183,668.47 |
| 0.00 |
| 41,912.20 |
|
|
| 393,717.42 |
| 2,124,641.41 |
| 0.00 |
| 7,734.80 |
| 430,058.52 |
| 1,986,673.42 |
| 0.00 |
| 2,283.16 |
|
|
| 696,707.18 |
| 2,914,969.78 |
| 0.00 |
| 4,496.31 |
| 421,405.95 |
| 2,732,558.03 |
| 0.00 |
| 2,283.16 |
|
|
| 402,155.01 |
| 3,811,583.94 |
| 0.00 |
| 3,105.90 |
| 412,155.85 |
| 2,648,665.82 |
| 0.00 |
| 2,283.32 |
|
|
| 2,479,262.38 |
| 5,277,255.05 |
| 0.00 |
| 15,105.70 |
| 1,095,592.69 |
| 1,796,039.00 |
| 16,065.91 |
| 24,814.96 |
|
|
| 3,534,109.18 |
| 1,434,386.00 |
| 0.00 |
| 0.00 |
| 1,778,008.57 |
| 1,139,370.92 |
| 11,423.60 |
| 0.00 |
|
|
| 1,154,132.00 |
| 2,032,645.09 |
| 0.00 |
| 0.00 |
| 329,800.38 |
| 1,524,822.91 |
| 0.00 |
| 2,638.60 |
|
|
| 645,668.87 |
| 2,321,973.20 |
| 0.00 |
| 0.00 |
| 352,769.67 |
| 1,035,404.25 |
| 0.00 |
| 0.00 |
|
|
| 465,090.66 |
| 1,663,879.00 |
| 0.00 |
| 0.00 |
| 293,899.01 |
| 884,468.36 |
| 0.00 |
| 4,575.00 |
|
|
| 294,707.79 |
| 1,163,601.48 |
| 0.00 |
| 0.00 |
| 274,179.87 |
| 937,663.63 |
| 0.00 |
| 0.00 |
|
|
| 316,181.59 |
| 1,336,156.36 |
| 0.00 |
| 0.00 |
| 305,064.18 |
| 982,913.03 |
| 13,503.60 |
| 0.00 |
|
|
| 330,816.95 |
| 999,837.73 |
| 0.00 |
| 0.00 |
| 298,707.88 |
| 797,398.20 |
| 0.00 |
| 0.00 |
|
|
| 325,522.51 |
| 649,692.28 |
| 0.00 |
| 0.00 |
| 290,187.30 |
| 748,438.87 |
| 0.00 |
| 0.00 |
|
|
| 228,685.73 |
| 1,193,095.72 |
| 0.00 |
| 0.00 |
| 266,040.49 |
| 1,337,542.58 |
| 0.00 |
| 0.00 |
|
|
| 537,916.23 |
| 1,637,575.78 |
| 0.00 |
| 0.00 |
| 268,833.11 |
| 1,802,995.96 |
| 0.00 |
| 0.00 |
|
|
| 234,166.71 |
| 2,389,882.98 |
| 0.00 |
| 0.00 |
| 257,399.50 |
| 1,721,899.04 |
| 0.00 |
| 0.00 |
|
|
| 1,841,549.60 |
| 3,169,420.91 |
| 0.00 |
| 12,000.00 |
| 747,651.55 |
| 945,661.69 |
| 10,023.60 |
| 21,347.20 |
|
|
| 2,766,776.42 |
| 370,580.65 |
| 0.00 |
| 0.00 |
| 1,275,627.36 |
| 130,865.50 |
| 11,423.60 |
| 0.00 |
|
|
| 694,026.11 |
| 421,344.77 |
| 0.00 |
| 0.00 |
| 77,029.52 |
| 165,633.94 |
| 0.00 |
| 0.00 |
|
|
| 129,177.78 |
| 460,143.90 |
| 0.00 |
| 0.00 |
| 91,732.83 |
| 144,263.13 |
| 0.00 |
| 0.00 |
|
|
| 51,679.94 |
| 165,393.62 |
| 0.00 |
| 0.00 |
| 33,244.92 |
| 135,489.46 |
| 0.00 |
| 0.00 |
|
|
| 14,391.22 |
| 92,152.11 |
| 0.00 |
| 0.00 |
| 22,679.01 |
| 109,288.40 |
| 0.00 |
| 0.00 |
|
|
| 19,250.60 |
| 51,852.63 |
| 0.00 |
| 0.00 |
| 24,934.12 |
| 100,074.76 |
| 0.00 |
| 0.00 |
|
|
| 18,320.54 |
| 59,461.39 |
| 0.00 |
| 0.00 |
| 34,399.28 |
| 88,657.13 |
| 0.00 |
| 0.00 |
|
|
| 41,417.15 |
| 5,231.02 |
| 0.00 |
| 0.00 |
| 28,123.83 |
| 78,869.09 |
| 0.00 |
| 0.00 |
|
|
| 1,607.89 |
| 13,118.77 |
| 0.00 |
| 0.00 |
| 29,080.73 |
| 156,829.05 |
| 0.00 |
| 0.00 |
|
|
| 1,607.89 |
| 128,187.74 |
| 0.00 |
| 0.00 |
| 21,348.85 |
| 209,235.93 |
| 0.00 |
| 0.00 |
|
|
| 65,141.53 |
| 65,524.73 |
| 0.00 |
| 0.00 |
| 20,818.99 |
| 236,476.61 |
| 0.00 |
| 0.00 |
|
|
| 1,623.43 |
| 86,079.35 |
| 0.00 |
| 0.00 |
| 99,191.86 |
| 116,208.89 |
| 0.00 |
| 0.00 |
|
|
| 90,759.63 |
| 27,533.06 |
| 0.00 |
| 0.00 |
| 106,655.90 |
| 8,812.55 |
| 0.00 |
| 0.00 |
|
|
| 19,195.80 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 14,575.07 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 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 |
| 23,898,091.86 |
| 51,819,182.73 |
| 86,648.87 |
| 286,414.42 |
| 13,571,792.30 |
| 37,169,129.79 |
| 159,388.25 |
| 281,754.83 |
|
Discount Rate |
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning 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 |
|
Scheduled Contract Value Decline |
| 5,243,097.38 |
| 3,629,083.55 |
| 254,612.66 |
| 294,224.53 |
| 2,661,115.25 |
| 3,574,931.38 |
| 551,251.14 |
| 128,177.24 |
|
Unscheduled Contract Value Decline |
| (474,069.90 | ) | 51,797.76 |
| (29,341.11 | ) | (179,944.90 | ) | (414,862.61 | ) | (769,732.43 | ) | (82,466.82 | ) | (77,029.54 | ) |
Additional Contract Value Added |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
| 22,226,368.17 |
| 48,600,303.13 |
| 86,444.27 |
| 282,062.89 |
| 12,644,648.21 |
| 34,910,804.25 |
| 153,424.31 |
| 273,892.27 |
|
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 |
| 11/15/2004 |
|
|
| |
Actual Payment Date |
| 12/17/2001 |
| 11/15/2004 |
|
|
| |
Collection Period Begin Date |
|
|
| 10/1/2004 |
|
|
| |
Collection Period End Date |
|
|
| 10/31/2004 |
|
|
| |
Days in accrual period (30/360) |
|
|
| 30 |
|
|
| |
Days in accrual period (act/360) |
|
|
| 31 |
|
|
| |
1 month LIBOR Rate |
|
|
| 0.0000 | % |
|
| |
|
|
|
|
|
|
|
| |
Collateral Summary |
|
|
|
|
|
|
| |
Wtd. Average Discount Rate |
|
|
| 6.750 | % |
|
| |
Beginning Contract Value |
|
|
| 133,538,791.08 |
|
|
| |
Scheduled Contract Value Decline |
|
|
| 16,336,493.12 |
|
|
| |
Unscheduled Contract Value Decline |
|
|
| (1,975,649.55 | ) |
|
| |
Additional Contract Value Purchased |
|
|
| 0.00 |
|
|
| |
Ending Contract Value |
|
|
| 119,177,947.50 |
|
|
| |
|
|
|
|
|
|
|
| |
Beginning Pre-funding Account Balance |
|
|
| 0.00 |
|
|
| |
Ending Pre-funding Account Balance |
|
|
| 0.00 |
|
|
| |
|
|
|
|
|
|
|
| |
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) |
|
|
| 133,538,791.08 |
|
|
| |
Total Ending Balance (Pool Balance + Pre-funding Account Balance) |
|
|
| 119,177,947.51 |
|
|
| |
|
|
|
|
|
|
|
| |
Collateral Performance |
|
|
|
|
|
|
| |
Scheduled Amounts 30 - 59 days past due |
|
|
| $ | 861,625.60 |
| 0.72 | % |
Scheduled Amounts 60 days or more past due |
|
|
| $ | 1,664,174.27 |
| 1.40 | % |
Net Losses on Liquidated Receivables |
|
|
| $ | 155,640.40 |
| 0.13 | % |
Cumulative Net Losses |
|
|
| $ | 6,055,055.25 |
|
|
|
Number of Loans at Beginning of Period |
|
|
| 11,964 |
|
|
| |
Number of Loans at End of Period |
|
|
| 10,748 |
|
|
| |
Repossessed Equipment not Sold or Reassigned (Beginning) |
|
|
| $ | 312,488.61 |
|
|
|
Repossessed Equipment not Sold or Reassigned (End) |
|
|
| $ | 282,637.85 |
|
|
|
|
|
|
|
|
|
|
| |
Collections and Reinvestment Income |
|
|
|
|
|
|
| |
Receipts During the period |
|
|
| $ | 14,944,130.05 |
|
|
|
|
|
|
|
|
|
|
| |
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 |
|
|
| $ | 14,944,130.05 |
|
|
|
|
|
|
|
|
|
|
| |
Reinvestment Income (excluding Pre-funding Account) |
|
|
| $ | 48,674.04 |
|
|
|
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 |
|
|
| $ | 14,992,804.09 |
|
|
|
|
|
|
|
|
|
|
| |
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 |
|
|
|
|
|
|
| 11/15/2004 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Caclulation of Distributable Amounts |
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Current Servicing Fee Due |
|
|
|
|
| 1.000 | % | $ | 111,282.33 |
|
|
| |
Past Due Servicing Fee |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Total Servicing Fee Due |
|
|
|
|
|
|
| $ | 111,282.33 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
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) |
|
|
|
|
|
|
| $ | 133,538,791.08 |
|
|
| |
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 |
|
|
|
|
|
|
| $ | 104,886,003.20 |
|
|
| |
B notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 5,675,362.91 |
|
|
| |
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 |
|
|
|
|
|
|
| 0.00000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 0.20000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 0.20000 | % | 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 |
|
|
|
|
|
|
| 0.00000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 0.31000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 0.31000 | % | 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 |
|
|
| $ | 388,952.26 |
|
|
| |
B notes Current Interest Due |
| 4.300 | % | 30/360 |
|
|
| $ | 20,336.72 |
|
|
| |
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 |
|
|
|
|
|
|
| $ | 388,952.26 |
|
|
| |
B notes Total Interest Due |
|
|
|
|
|
|
| $ | 20,336.72 |
|
|
| |
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 |
|
|
|
|
|
|
| $ | 13,750,511.57 |
|
|
| |
Class B notes Principal Due |
|
|
|
|
|
|
| $ | 610,332.00 |
|
|
| |
Certificate Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Total notes Interest Due |
|
|
|
|
|
|
| $ | 409,288.98 |
|
|
| |
Total notes Principal Due |
|
|
|
|
|
|
| $ | 14,360,843.57 |
|
|
| |
Net Swap/Termination Payment Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Total notes Distributable Amount |
|
|
|
|
|
|
| $ | 14,770,132.55 |
|
|
| |
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 |
| 11/15/2004 |
|
|
|
Cash Available for Distribution |
|
|
|
|
| ||
Total Collections + Reinvestment Income For The Period |
| $ | 14,992,804.09 |
|
|
| |
|
|
|
|
|
| ||
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 |
| $ | 14,992,804.09 |
|
|
| |
|
|
|
|
|
| ||
|
|
|
| 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 |
|
|
| |
|
|
|
| $ | 14,992,804.09 |
| |
Administration Fee Paid |
| $ | 166.67 |
|
|
| |
Administration Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 14,992,637.42 |
| |
Net Swap Payment Paid |
| $ | 0.00 |
|
|
| |
Net Swap Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Note Interest & Swap Termination Payment |
|
|
| $ | 14,992,637.42 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Note Interest |
| $ | 14,992,637.42 |
|
|
| |
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 |
| $ | 388,952.26 |
|
|
| |
|
|
|
| $ | 14,603,685.16 |
| |
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 |
|
|
| |
|
|
|
| $ | 14,603,685.16 |
| |
Class B notes Interest Paid |
| $ | 20,336.72 |
|
|
| |
Class B notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 14,583,348.44 |
| |
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 |
| $ | 13,750,511.57 |
|
|
| |
Class B notes Principal Paid |
| $ | 610,332.00 |
|
|
| |
|
|
|
| $ | 222,504.87 |
| |
Deposits to Spread Account |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 222,504.87 |
| |
Certificate Interest Paid |
| $ | 82,335.77 |
|
|
| |
Certificate Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 140,169.10 |
| |
Certificate Principal Paid |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 140,169.10 |
| |
Total Principal Balance of Notes and Certificates (End of Period) |
| $ | 119,177,947.51 |
|
|
| |
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 |
| $ | 91,135,491.63 |
|
|
| |
B notes Ending Principal balance |
| $ | 5,065,030.91 |
|
|
| |
Certificate Ending Principal balance |
| $ | 22,977,424.97 |
|
|
| |
|
|
|
|
|
| ||
Servicing Fee Paid (If CNH is the servicer) |
| $ | 111,282.33 |
|
|
| |
Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| |
Release to Seller as Excess |
| $ | 28,886.77 |
| $ | 28,886.77 |
|
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 |
|
|
|
|
| 11/15/2004 |
|
|
|
|
|
|
|
|
|
|
| Amount |
| Factor |
| Per/$1000 |
| |||
Summary and Factors |
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (Beginning of Period) |
|
|
|
|
| $ | 133,538,791.08 |
| 0.1307657 |
| $ | 130.77 |
| |
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 |
|
|
|
|
| $ | 104,886,003.20 |
| 0.7926214 |
| $ | 792.62 |
| |
B notes Beginning Principal balance |
|
|
|
|
| $ | 5,675,362.91 |
| 0.1307657 |
| $ | 130.77 |
| |
Certificate Beginning Principal balance |
|
|
|
|
| $ | 22,977,424.97 |
| 1.0000000 |
| $ | 1,000.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (End of Period) |
|
|
|
|
| $ | 119,177,947.51 |
| 0.1167031 |
| $ | 116.70 |
| |
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 |
| $ | 91,135,491.63 |
| 0.6887091 |
| $ | 688.71 |
|
B notes Ending Principal balance |
| 4.300 | % | $ | 43,401,000.00 |
| $ | 5,065,030.91 |
| 0.1167031 |
| $ | 116.70 |
|
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 |
|
|
|
|
| $ | 388,952.26 |
| 0.0029393 |
| $ | 2.94 |
| |
Class B notes Interest Paid |
|
|
|
|
| $ | 20,336.72 |
| 0.0004686 |
| $ | 0.47 |
| |
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 |
|
|
|
|
| $ | 13,750,511.57 |
| 0.1039123 |
| $ | 103.91 |
| |
Class B notes Principal Paid |
|
|
|
|
| $ | 610,332.00 |
| 0.0140626 |
| $ | 14.06 |
| |
Certificate Principal Paid |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |||
Negitive Carry Account |
|
|
|
|
|
|
|
|
|
|
| |||
Negitive Carry |
|
|
| 11/21/2001 |
| 1.568 | % |
|
|
|
| |||
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 |
|
|
|
|
| $ | 140,335.77 |
|
|
|
|
| ||
5
