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 Jeske 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 |
| 11/30/2004 |
| ||||||||||||||
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 |
| 692,442.55 |
| 1,349,179.85 |
| 30,173.92 |
| 150,194.43 |
| 432,113.80 |
| 1,461,175.64 |
| 26,530.45 |
| 89,019.90 |
|
|
| 729,318.50 |
| 2,631,876.36 |
| 2,087.30 |
| 11,373.63 |
| 429,021.63 |
| 1,541,141.26 |
| 250.00 |
| 6,111.37 |
|
|
| 643,362.60 |
| 2,328,546.57 |
| 0.00 |
| 11,809.65 |
| 408,783.22 |
| 1,318,858.45 |
| 0.00 |
| 10,053.33 |
|
|
| 463,145.83 |
| 1,762,622.82 |
| 0.00 |
| 10,923.43 |
| 397,951.04 |
| 1,298,579.44 |
| 0.00 |
| 2,283.16 |
|
|
| 489,425.41 |
| 1,974,818.88 |
| 0.00 |
| 10,486.25 |
| 453,551.94 |
| 1,405,442.40 |
| 13,503.60 |
| 12,393.06 |
|
|
| 537,908.50 |
| 1,601,185.88 |
| 0.00 |
| 7,734.84 |
| 447,588.93 |
| 1,235,700.00 |
| 0.00 |
| 7,815.96 |
|
|
| 476,185.84 |
| 1,310,601.38 |
| 0.00 |
| 7,734.84 |
| 421,847.01 |
| 1,163,369.36 |
| 0.00 |
| 41,912.20 |
|
|
| 384,430.53 |
| 2,098,486.79 |
| 0.00 |
| 7,734.80 |
| 422,394.25 |
| 1,950,394.65 |
| 0.00 |
| 2,283.16 |
|
|
| 687,987.53 |
| 2,886,751.91 |
| 0.00 |
| 4,496.31 |
| 413,724.43 |
| 2,668,133.18 |
| 0.00 |
| 2,283.16 |
|
|
| 394,128.41 |
| 3,736,840.84 |
| 0.00 |
| 3,105.90 |
| 404,619.99 |
| 2,602,652.69 |
| 0.00 |
| 2,283.32 |
|
|
| 2,440,030.41 |
| 5,209,352.62 |
| 0.00 |
| 15,105.70 |
| 1,078,638.15 |
| 1,758,255.50 |
| 16,065.80 |
| 24,814.96 |
|
|
| 3,510,312.65 |
| 1,423,623.01 |
| 0.00 |
| 0.00 |
| 1,750,124.07 |
| 1,116,213.28 |
| 11,423.60 |
| 0.00 |
|
|
| 1,144,920.08 |
| 1,954,181.03 |
| 0.00 |
| 0.00 |
| 325,084.67 |
| 1,517,377.41 |
| 0.00 |
| 2,638.60 |
|
|
| 640,024.46 |
| 2,295,594.41 |
| 0.00 |
| 0.00 |
| 350,794.62 |
| 1,014,733.89 |
| 0.00 |
| 0.00 |
|
|
| 458,329.84 |
| 1,655,667.40 |
| 0.00 |
| 0.00 |
| 289,194.23 |
| 863,969.11 |
| 0.00 |
| 4,574.85 |
|
|
| 287,984.09 |
| 1,149,850.59 |
| 0.00 |
| 0.00 |
| 269,570.75 |
| 899,729.81 |
| 0.00 |
| 0.00 |
|
|
| 309,468.18 |
| 1,332,017.66 |
| 0.00 |
| 0.00 |
| 300,145.62 |
| 971,643.78 |
| 13,503.60 |
| 0.00 |
|
|
| 325,062.45 |
| 957,686.58 |
| 0.00 |
| 0.00 |
| 295,456.73 |
| 777,410.66 |
| 0.00 |
| 0.00 |
|
|
| 322,043.26 |
| 642,521.56 |
| 0.00 |
| 0.00 |
| 285,756.62 |
| 737,329.95 |
| 0.00 |
| 0.00 |
|
|
| 225,206.27 |
| 1,185,943.10 |
| 0.00 |
| 0.00 |
| 261,647.16 |
| 1,314,546.87 |
| 0.00 |
| 0.00 |
|
|
| 534,396.26 |
| 1,629,786.06 |
| 0.00 |
| 0.00 |
| 264,095.86 |
| 1,752,027.49 |
| 0.00 |
| 0.00 |
|
|
| 232,280.66 |
| 2,325,185.31 |
| 0.00 |
| 0.00 |
| 252,695.97 |
| 1,689,053.52 |
| 0.00 |
| 0.00 |
|
|
| 1,815,091.96 |
| 3,121,479.98 |
| 0.00 |
| 12,000.00 |
| 743,321.80 |
| 916,356.74 |
| 10,023.60 |
| 21,347.20 |
|
|
| 2,733,422.15 |
| 370,806.19 |
| 0.00 |
| 0.00 |
| 1,267,225.37 |
| 129,502.60 |
| 11,423.60 |
| 0.00 |
|
|
| 689,016.40 |
| 395,276.55 |
| 0.00 |
| 0.00 |
| 76,895.75 |
| 164,943.89 |
| 0.00 |
| 0.00 |
|
|
| 129,065.98 |
| 460,074.81 |
| 0.00 |
| 0.00 |
| 91,509.49 |
| 143,539.54 |
| 0.00 |
| 0.00 |
|
|
| 51,680.72 |
| 165,393.83 |
| 0.00 |
| 0.00 |
| 33,081.08 |
| 134,614.10 |
| 0.00 |
| 0.00 |
|
|
| 14,391.23 |
| 92,152.09 |
| 0.00 |
| 0.00 |
| 22,512.55 |
| 107,955.65 |
| 0.00 |
| 0.00 |
|
|
| 19,250.60 |
| 51,852.94 |
| 0.00 |
| 0.00 |
| 24,767.39 |
| 98,649.44 |
| 0.00 |
| 0.00 |
|
|
| 18,320.54 |
| 59,487.83 |
| 0.00 |
| 0.00 |
| 34,231.91 |
| 87,423.77 |
| 0.00 |
| 0.00 |
|
|
| 41,417.15 |
| 5,231.02 |
| 0.00 |
| 0.00 |
| 27,956.73 |
| 77,672.09 |
| 0.00 |
| 0.00 |
|
|
| 1,607.89 |
| 13,118.75 |
| 0.00 |
| 0.00 |
| 28,913.73 |
| 152,743.98 |
| 0.00 |
| 0.00 |
|
|
| 1,607.89 |
| 125,487.14 |
| 0.00 |
| 0.00 |
| 21,114.01 |
| 204,080.75 |
| 0.00 |
| 0.00 |
|
|
| 65,141.52 |
| 65,522.77 |
| 0.00 |
| 0.00 |
| 20,267.62 |
| 235,734.76 |
| 0.00 |
| 0.00 |
|
|
| 1,624.04 |
| 86,078.17 |
| 0.00 |
| 0.00 |
| 98,444.30 |
| 93,702.31 |
| 0.00 |
| 0.00 |
|
|
| 90,759.63 |
| 27,668.15 |
| 0.00 |
| 0.00 |
| 106,407.53 |
| 8,812.05 |
| 0.00 |
| 0.00 |
|
|
| 19,195.82 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 14,579.84 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 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 |
| 21,619,987.83 |
| 48,481,950.83 |
| 32,261.22 |
| 252,699.78 |
| 12,551,449.95 |
| 33,628,049.85 |
| 102,724.25 |
| 229,814.23 |
|
Discount Rate |
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning 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 |
|
Scheduled Contract Value Decline |
| 2,435,227.38 |
| 3,356,124.93 |
| 84,368.65 |
| 195,195.03 |
| 1,144,407.03 |
| 3,964,390.47 |
| 82,796.80 |
| 133,248.38 |
|
Unscheduled Contract Value Decline |
| (293,354.23 | ) | (330,972.16 | ) | (30,173.92 | ) | (161,886.58 | ) | (201,620.14 | ) | (657,544.92 | ) | (26,530.35 | ) | (82,458.02 | ) |
Additional Contract Value Added |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
| 20,084,495.02 |
| 45,575,150.36 |
| 32,249.54 |
| 248,754.44 |
| 11,701,861.32 |
| 31,603,958.70 |
| 97,157.86 |
| 223,101.91 |
|
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 |
| 12/15/2004 |
|
|
| |
Actual Payment Date |
| 12/17/2001 |
| 12/15/2004 |
|
|
| |
Collection Period Begin Date |
|
|
| 11/1/2004 |
|
|
| |
Collection Period End Date |
|
|
| 11/30/2004 |
|
|
| |
Days in accrual period (30/360) |
|
|
| 30 |
|
|
| |
Days in accrual period (act/360) |
|
|
| 30 |
|
|
| |
1 month LIBOR Rate |
|
|
| 0.0000 | % |
|
| |
|
|
|
|
|
|
|
| |
Collateral Summary |
|
|
|
|
|
|
| |
Wtd. Average Discount Rate |
|
|
| 6.750 | % |
|
| |
Beginning Contract Value |
|
|
| 119,177,947.50 |
|
|
| |
Scheduled Contract Value Decline |
|
|
| 11,395,758.67 |
|
|
| |
Unscheduled Contract Value Decline |
|
|
| (1,784,540.33 | ) |
|
| |
Additional Contract Value Purchased |
|
|
| 0.00 |
|
|
| |
Ending Contract Value |
|
|
| 109,566,729.16 |
|
|
| |
|
|
|
|
|
|
|
| |
Beginning Pre-funding Account Balance |
|
|
| 0.00 |
|
|
| |
Ending Pre-funding Account Balance |
|
|
| 0.00 |
|
|
| |
|
|
|
|
|
|
|
| |
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) |
|
|
| 119,177,947.51 |
|
|
| |
Total Ending Balance (Pool Balance + Pre-funding Account Balance) |
|
|
| 109,566,729.17 |
|
|
| |
|
|
|
|
|
|
|
| |
Collateral Performance |
|
|
|
|
|
|
| |
Scheduled Amounts 30 - 59 days past due |
|
|
| $ | 701,612.58 |
| 0.64 | % |
Scheduled Amounts 60 days or more past due |
|
|
| $ | 1,677,045.71 |
| 1.53 | % |
Net Losses on Liquidated Receivables |
|
|
| $ | 120,933.19 |
| 0.11 | % |
Cumulative Net Losses |
|
|
| $ | 6,175,988.44 |
|
|
|
Number of Loans at Beginning of Period |
|
|
| 10,748 |
|
|
| |
Number of Loans at End of Period |
|
|
| 10,067 |
|
|
| |
Repossessed Equipment not Sold or Reassigned (Beginning) |
|
|
| $ | 282,637.85 |
|
|
|
Repossessed Equipment not Sold or Reassigned (End) |
|
|
| $ | 209,339.72 |
|
|
|
|
|
|
|
|
|
|
| |
Collections and Reinvestment Income |
|
|
|
|
|
|
| |
Receipts During the period |
|
|
| $ | 10,282,583.88 |
|
|
|
|
|
|
|
|
|
|
| |
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 |
|
|
| $ | 10,282,583.88 |
|
|
|
|
|
|
|
|
|
|
| |
Reinvestment Income (excluding Pre-funding Account) |
|
|
| $ | 49,108.07 |
|
|
|
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 |
|
|
| $ | 10,331,691.95 |
|
|
|
|
|
|
|
|
|
|
| |
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 |
| 12/15/2004 |
|
|
|
Caclulation of Distributable Amounts |
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Current Servicing Fee Due |
|
|
|
|
| 1.000 | % | $ | 99,314.96 |
|
|
| |
Past Due Servicing Fee |
|
|
|
|
|
|
| $ | 850,654.77 |
|
|
| |
Total Servicing Fee Due |
|
|
|
|
|
|
| $ | 949,969.73 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
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) |
|
|
|
|
|
|
| $ | 268,365,686.19 |
|
|
| |
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 |
|
|
|
|
|
|
| $ | 67,269,160.86 |
|
|
| |
B notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 178,119,100.36 |
|
|
| |
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 |
|
|
| $ | 249,456.47 |
|
|
| |
B notes Current Interest Due |
| 4.300 | % | 30/360 |
|
|
| $ | 638,260.11 |
|
|
| |
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 |
|
|
|
|
|
|
| $ | 498,461.37 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
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 |
|
|
|
|
|
|
| $ | 1,786.15 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
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 |
|
|
|
|
|
|
| $ | 249,456.47 |
|
|
| |
B notes Total Interest Due |
|
|
|
|
|
|
| $ | 638,260.11 |
|
|
| |
Certificate Total Interest Due |
|
|
|
|
|
|
| $ | 582,583.29 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
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 |
|
|
|
|
|
|
| $ | 67,269,160.86 |
|
|
| |
Class B notes Principal Due |
|
|
|
|
|
|
| $ | 91,529,796.16 |
|
|
| |
Certificate Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Total notes Interest Due |
|
|
|
|
|
|
| $ | 887,716.58 |
|
|
| |
Total notes Principal Due |
|
|
|
|
|
|
| $ | 158,798,957.02 |
|
|
| |
Net Swap/Termination Payment Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Total notes Distributable Amount |
|
|
|
|
|
|
| $ | 159,686,673.60 |
|
|
| |
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 |
| 12/15/2004 |
|
|
|
Cash Available for Distribution |
|
|
|
|
| ||
Total Collections + Reinvestment Income For The Period |
| $ | 10,331,691.95 |
|
|
| |
|
|
|
|
|
| ||
Beginning Negitive Carry Account |
| $ | 0.00 |
|
|
| |
Deposits from Negitive Carry Account to Distribution Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Beginning Spread Account Balance |
| $ | 0.00 |
|
|
| |
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 |
| $ | 10,331,691.95 |
|
|
| |
|
|
|
|
|
| ||
|
|
|
| Available |
| ||
|
|
|
| Cash |
| ||
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 |
|
|
| |
|
|
|
| $ | 10,331,691.95 |
| |
Administration Fee Paid |
| $ | 166.67 |
|
|
| |
Administration Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 10,331,525.28 |
| |
Net Swap Payment Paid |
| $ | 0.00 |
|
|
| |
Net Swap Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Note Interest & Swap Termination Payment |
|
|
| $ | 10,331,525.28 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Note Interest |
| $ | 10,331,525.28 |
|
|
| |
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 |
| $ | 249,456.47 |
|
|
| |
|
|
|
| $ | 10,082,068.81 |
| |
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 |
|
|
| |
|
|
|
| $ | 10,082,068.81 |
| |
Class B notes Interest Paid |
| $ | 638,260.11 |
|
|
| |
Class B notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 9,443,808.70 |
| |
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 |
| $ | 9,443,808.70 |
|
|
| |
Class B notes Principal Paid |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 0.00 |
| |
Deposits to Spread Account |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 0.00 |
| |
Certificate Interest Paid |
| $ | 0.00 |
|
|
| |
Certificate Interest Shortfall |
| $ | 582,583.29 |
|
|
| |
|
|
|
| $ | 0.00 |
| |
Certificate Principal Paid |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 0.00 |
| |
Total Principal Balance of Notes and Certificates (End of Period) |
| $ | 258,921,877.49 |
|
|
| |
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 |
| $ | 57,825,352.16 |
|
|
| |
B notes Ending Principal balance |
| $ | 178,119,100.36 |
|
|
| |
Certificate Ending Principal balance |
| $ | 22,977,424.97 |
|
|
| |
|
|
|
|
|
| ||
Servicing Fee Paid (If CNH is the servicer) |
| $ | 0.00 |
|
|
| |
Servicing Fee Shortfall |
| $ | 949,969.73 |
|
|
| |
Release to Seller as Excess |
| $ | 0.00 |
| $ | 0.00 |
|
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 |
|
|
|
|
| 12/15/2004 |
|
|
|
|
|
|
|
|
|
|
| Amount |
| Factor |
| Per/$1000 |
| |||
Summary and Factors |
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (Beginning of Period) |
|
|
|
|
| $ | 268,365,686.19 |
| 0.2627928 |
| $ | 262.79 |
| |
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 |
|
|
|
|
| $ | 67,269,160.86 |
| 0.5083517 |
| $ | 508.35 |
| |
B notes Beginning Principal balance |
|
|
|
|
| $ | 178,119,100.36 |
| 4.1040322 |
| $ | 4,104.03 |
| |
Certificate Beginning Principal balance |
|
|
|
|
| $ | 22,977,424.97 |
| 1.0000000 |
| $ | 1,000.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (End of Period) |
|
|
|
|
| $ | 258,921,877.49 |
| 0.2535451 |
| $ | 253.55 |
| |
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 |
| $ | 57,825,352.16 |
| 0.4369850 |
| $ | 436.99 |
|
B notes Ending Principal balance |
| 4.300 | % | $ | 43,401,000.00 |
| $ | 178,119,100.36 |
| 4.1040322 |
| $ | 4,104.03 |
|
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 |
|
|
|
|
| $ | 249,456.47 |
| 0.0018851 |
| $ | 1.89 |
| |
Class B notes Interest Paid |
|
|
|
|
| $ | 638,260.11 |
| 0.0147061 |
| $ | 14.71 |
| |
Certificate Interest Paid |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |||
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 |
|
|
|
|
| $ | 582,583.29 |
| 0.0253546 |
| $ | 25.35 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |||
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 |
|
|
|
|
| $ | 9,443,808.70 |
| 0.0713667 |
| $ | 71.37 |
| |
Class B notes Principal Paid |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Certificate Principal Paid |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |||
Negitive Carry Account |
|
|
|
|
|
|
|
|
|
|
| |||
Negitive Carry |
|
|
| 11/21/2001 |
| 1.674 | % |
|
|
|
| |||
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 |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
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 |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| |||
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 |
|
|
|
|
| $ | 166.67 |
|
|
|
|
| ||
5
