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 |
|
|
| 12/31/2004 |
| ||||||||||||||
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 |
| Period |
| Pool 1 |
| Pool 2 |
| Pool 3 |
| Pool 4 |
| Pool 5 |
| Pool 6 |
| Pool 7 |
| Pool 8 |
|
Scheduled Cashflows |
| 0 |
| 508,039.81 |
| 1,384,330.52 |
| 11,254.03 |
| 110,194.76 |
| 381,811.20 |
| 1,243,509.85 |
| 8,365.45 |
| 80,539.81 |
|
|
| 1 |
| 558,899.91 |
| 2,005,255.20 |
| 0.00 |
| 11,809.65 |
| 360,940.56 |
| 1,167,896.95 |
| 0.00 |
| 9,168.97 |
|
|
| 2 |
| 465,888.13 |
| 1,771,343.50 |
| 0.00 |
| 10,923.43 |
| 384,606.05 |
| 1,269,731.12 |
| 0.00 |
| 2,029.64 |
|
|
| 3 |
| 484,264.68 |
| 1,944,423.29 |
| 0.00 |
| 10,486.25 |
| 451,078.80 |
| 1,359,794.56 |
| 13,503.60 |
| 12,393.06 |
|
|
| 4 |
| 538,401.90 |
| 1,576,200.32 |
| 0.00 |
| 7,734.84 |
| 442,492.13 |
| 1,220,377.25 |
| 0.00 |
| 7,815.92 |
|
|
| 5 |
| 472,030.30 |
| 1,292,629.60 |
| 0.00 |
| 7,734.84 |
| 416,646.55 |
| 1,132,568.04 |
| 0.00 |
| 41,912.20 |
|
|
| 6 |
| 386,712.85 |
| 2,047,579.84 |
| 0.00 |
| 7,734.80 |
| 416,326.99 |
| 1,918,068.49 |
| 16,065.69 |
| 2,283.16 |
|
|
| 7 |
| 685,032.31 |
| 2,800,579.77 |
| 0.00 |
| 4,496.31 |
| 408,440.50 |
| 2,624,950.44 |
| 11,423.60 |
| 2,283.16 |
|
|
| 8 |
| 390,353.39 |
| 3,679,767.18 |
| 0.00 |
| 3,105.90 |
| 399,382.96 |
| 2,562,918.79 |
| 0.00 |
| 2,283.32 |
|
|
| 9 |
| 2,405,516.71 |
| 5,044,542.20 |
| 0.00 |
| 15,105.70 |
| 1,064,325.68 |
| 1,728,452.74 |
| 0.00 |
| 24,814.96 |
|
|
| 10 |
| 3,467,398.51 |
| 1,394,474.22 |
| 0.00 |
| 0.00 |
| 1,729,615.33 |
| 1,098,462.45 |
| 0.00 |
| 0.00 |
|
|
| 11 |
| 1,130,050.27 |
| 1,942,554.20 |
| 0.00 |
| 0.00 |
| 317,787.09 |
| 1,467,188.30 |
| 0.00 |
| 2,638.60 |
|
|
| 12 |
| 648,881.72 |
| 2,183,612.57 |
| 0.00 |
| 0.00 |
| 343,921.86 |
| 969,344.35 |
| 13,503.60 |
| 0.00 |
|
|
| 13 |
| 455,328.51 |
| 1,630,482.91 |
| 0.00 |
| 0.00 |
| 285,297.44 |
| 846,291.57 |
| 0.00 |
| 4,574.54 |
|
|
| 14 |
| 285,019.35 |
| 1,144,593.92 |
| 0.00 |
| 0.00 |
| 265,355.84 |
| 877,846.53 |
| 0.00 |
| 0.00 |
|
|
| 15 |
| 306,503.48 |
| 1,300,661.64 |
| 0.00 |
| 0.00 |
| 296,328.70 |
| 947,387.52 |
| 0.00 |
| 0.00 |
|
|
| 16 |
| 325,126.82 |
| 944,418.78 |
| 0.00 |
| 0.00 |
| 291,774.37 |
| 759,938.59 |
| 0.00 |
| 0.00 |
|
|
| 17 |
| 319,078.54 |
| 637,307.16 |
| 0.00 |
| 0.00 |
| 282,044.82 |
| 714,272.91 |
| 0.00 |
| 0.00 |
|
|
| 18 |
| 228,051.23 |
| 1,150,833.59 |
| 0.00 |
| 0.00 |
| 257,559.78 |
| 1,292,808.55 |
| 10,023.60 |
| 0.00 |
|
|
| 19 |
| 531,239.08 |
| 1,560,454.95 |
| 0.00 |
| 0.00 |
| 260,291.19 |
| 1,710,186.88 |
| 11,423.60 |
| 0.00 |
|
|
| 20 |
| 228,810.36 |
| 2,277,630.92 |
| 0.00 |
| 0.00 |
| 249,171.80 |
| 1,662,804.36 |
| 0.00 |
| 0.00 |
|
|
| 21 |
| 1,788,146.00 |
| 3,009,658.03 |
| 0.00 |
| 12,000.00 |
| 726,534.96 |
| 909,775.93 |
| 0.00 |
| 21,347.20 |
|
|
| 22 |
| 2,661,238.63 |
| 347,354.12 |
| 0.00 |
| 0.00 |
| 1,269,775.75 |
| 128,764.87 |
| 0.00 |
| 0.00 |
|
|
| 23 |
| 656,439.91 |
| 395,596.46 |
| 0.00 |
| 0.00 |
| 76,801.27 |
| 162,818.95 |
| 0.00 |
| 0.00 |
|
|
| 24 |
| 169,612.12 |
| 445,590.42 |
| 0.00 |
| 0.00 |
| 91,279.19 |
| 141,415.20 |
| 0.00 |
| 0.00 |
|
|
| 25 |
| 51,680.46 |
| 165,323.50 |
| 0.00 |
| 0.00 |
| 32,810.41 |
| 132,696.72 |
| 0.00 |
| 0.00 |
|
|
| 26 |
| 14,391.23 |
| 92,152.09 |
| 0.00 |
| 0.00 |
| 22,238.73 |
| 106,466.88 |
| 0.00 |
| 0.00 |
|
|
| 27 |
| 19,250.60 |
| 51,854.85 |
| 0.00 |
| 0.00 |
| 24,493.40 |
| 90,051.23 |
| 0.00 |
| 0.00 |
|
|
| 28 |
| 20,679.40 |
| 59,543.02 |
| 0.00 |
| 0.00 |
| 33,957.26 |
| 85,944.56 |
| 0.00 |
| 0.00 |
|
|
| 29 |
| 41,417.15 |
| 5,231.02 |
| 0.00 |
| 0.00 |
| 27,682.37 |
| 76,239.44 |
| 0.00 |
| 0.00 |
|
|
| 30 |
| 7,526.25 |
| 13,118.77 |
| 0.00 |
| 0.00 |
| 28,630.63 |
| 151,326.28 |
| 0.00 |
| 0.00 |
|
|
| 31 |
| 1,607.89 |
| 94,261.95 |
| 0.00 |
| 0.00 |
| 20,935.65 |
| 202,661.39 |
| 0.00 |
| 0.00 |
|
|
| 32 |
| 65,141.52 |
| 65,522.63 |
| 0.00 |
| 0.00 |
| 19,987.27 |
| 234,350.52 |
| 0.00 |
| 0.00 |
|
|
| 33 |
| 1,624.89 |
| 86,069.66 |
| 0.00 |
| 0.00 |
| 98,173.58 |
| 93,592.35 |
| 0.00 |
| 0.00 |
|
|
| 34 |
| 96,676.81 |
| 27,803.23 |
| 0.00 |
| 0.00 |
| 101,707.29 |
| 8,811.54 |
| 0.00 |
| 0.00 |
|
|
| 35 |
| 19,195.86 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 14,579.05 |
| 0.00 |
| 0.00 |
|
|
| 36 |
| 10,923.85 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 37 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 38 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 39 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 40 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 41 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 42 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 43 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 44 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 45 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 46 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 47 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 48 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 49 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 50 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 51 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 52 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 53 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 54 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 55 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 56 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 57 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 58 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 59 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 60 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 61 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 62 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 63 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 64 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 65 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 66 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 67 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 68 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 69 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 70 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 71 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 72 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 73 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 74 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 75 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 76 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 77 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 78 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Amount of Scheduled Cashflow |
| Total |
| 20,446,180.43 |
| 44,572,756.03 |
| 11,254.03 |
| 201,326.48 |
| 11,880,207.40 |
| 31,114,295.15 |
| 84,309.14 |
| 214,084.54 |
|
Discount Rate |
|
|
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning 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 |
|
Scheduled Contract Value Decline |
|
|
| 1,312,680.75 |
| 3,732,285.13 |
| 32,249.54 |
| 161,013.66 |
| 797,743.10 |
| 2,832,763.75 |
| 26,383.17 |
| 94,377.06 |
|
Unscheduled Contract Value Decline |
|
|
| (260,421.10 | ) | (143,962.63 | ) | (11,254.03 | ) | (110,194.76 | ) | (199,436.34 | ) | (526,229.99 | ) | (9,341.06 | ) | (79,409.38 | ) |
Additional Contract Value Added |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
|
|
| 19,032,235.37 |
| 41,986,827.86 |
| 11,254.03 |
| 197,935.54 |
| 11,103,554.56 |
| 29,297,424.95 |
| 80,115.76 |
| 208,134.23 |
|
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 |
| 1/15/2005 |
|
|
| |
Actual Payment Date |
| 12/17/2001 |
| 1/18/2005 |
|
|
| |
Collection Period Begin Date |
|
|
| 12/1/2004 |
|
|
| |
Collection Period End Date |
|
|
| 12/31/2004 |
|
|
| |
Days in accrual period (30/360) |
|
|
| 30 |
|
|
| |
Days in accrual period (act/360) |
|
|
| 34 |
|
|
| |
1 month LIBOR Rate |
|
|
| 0.0000 | % |
|
| |
|
|
|
|
|
|
|
| |
Collateral Summary |
|
|
|
|
|
|
| |
Wtd. Average Discount Rate |
|
|
| 6.750 | % |
|
| |
Beginning Contract Value |
|
|
| 109,566,729.16 |
|
|
| |
Scheduled Contract Value Decline |
|
|
| 8,989,496.16 |
|
|
| |
Unscheduled Contract Value Decline |
|
|
| (1,340,249.30 | ) |
|
| |
Additional Contract Value Purchased |
|
|
| 0.00 |
|
|
| |
Ending Contract Value |
|
|
| 101,917,482.30 |
|
|
| |
|
|
|
|
|
|
|
| |
Beginning Pre-funding Account Balance |
|
|
| 0.00 |
|
|
| |
Ending Pre-funding Account Balance |
|
|
| 0.00 |
|
|
| |
|
|
|
|
|
|
|
| |
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) |
|
|
| 109,566,729.17 |
|
|
| |
Total Ending Balance (Pool Balance + Pre-funding Account Balance) |
|
|
| 101,917,482.30 |
|
|
| |
|
|
|
|
|
|
|
| |
Collateral Performance |
|
|
|
|
|
|
| |
Scheduled Amounts 30 - 59 days past due |
|
|
| $ | 374,238.24 |
| 0.37 | % |
Scheduled Amounts 60 days or more past due |
|
|
| $ | 1,756,188.25 |
| 1.72 | % |
Net Losses on Liquidated Receivables |
|
|
| $ | 227,441.15 |
| 0.22 | % |
Cumulative Net Losses |
|
|
| $ | 6,403,429.59 |
|
|
|
Number of Loans at Beginning of Period |
|
|
| 10,067 |
|
|
| |
Number of Loans at End of Period |
|
|
| 9,696 |
|
|
| |
Repossessed Equipment not Sold or Reassigned (Beginning) |
|
|
| $ | 209,339.72 |
|
|
|
Repossessed Equipment not Sold or Reassigned (End) |
|
|
| $ | 209,253.71 |
|
|
|
|
|
|
|
|
|
|
| |
Collections and Reinvestment Income |
|
|
|
|
|
|
| |
Receipts During the period |
|
|
| $ | 8,100,307.56 |
|
|
|
|
|
|
|
|
|
|
| |
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 |
|
|
| $ | 8,100,307.56 |
|
|
|
|
|
|
|
|
|
|
| |
Reinvestment Income (excluding Pre-funding Account) |
|
|
| $ | 56,434.52 |
|
|
|
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 |
|
|
| $ | 8,156,742.08 |
|
|
|
|
|
|
|
|
|
|
| |
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 |
|
|
|
|
|
|
| 1/18/2005 |
|
|
|
Caclulation of Distributable Amounts |
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Current Servicing Fee Due |
|
|
|
|
| 1.000 | % | $ | 91,305.61 |
|
|
| |
Past Due Servicing Fee |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Total Servicing Fee Due |
|
|
|
|
|
|
| $ | 91,305.61 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
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) |
|
|
|
|
|
|
| $ | 109,566,729.17 |
|
|
| |
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 |
|
|
|
|
|
|
| $ | 81,932,747.50 |
|
|
| |
B notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 4,656,556.70 |
|
|
| |
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 |
|
|
| $ | 303,833.94 |
|
|
| |
B notes Current Interest Due |
| 4.300 | % | 30/360 |
|
|
| $ | 16,685.99 |
|
|
| |
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 |
|
|
|
|
|
|
| $ | 303,833.94 |
|
|
| |
B notes Total Interest Due |
|
|
|
|
|
|
| $ | 16,685.99 |
|
|
| |
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 |
|
|
|
|
|
|
| $ | 7,324,155.91 |
|
|
| |
Class B notes Principal Due |
|
|
|
|
|
|
| $ | 325,090.96 |
|
|
| |
Certificate Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Total notes Interest Due |
|
|
|
|
|
|
| $ | 320,519.93 |
|
|
| |
Total notes Principal Due |
|
|
|
|
|
|
| $ | 7,649,246.87 |
|
|
| |
Net Swap/Termination Payment Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Total notes Distributable Amount |
|
|
|
|
|
|
| $ | 7,969,766.80 |
|
|
| |
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 |
| 1/18/2005 |
|
|
|
Cash Available for Distribution |
|
|
|
|
| |
Total Collections + Reinvestment Income For The Period |
| $ | 8,156,742.08 |
|
|
|
|
|
|
|
|
| |
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 |
| $ | 8,156,742.08 |
|
|
|
|
|
|
| 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 |
|
|
| |
|
|
|
| $ | 8,156,742.08 |
| |
Administration Fee Paid |
| $ | 166.67 |
|
|
| |
Administration Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 8,156,575.41 |
| |
Net Swap Payment Paid |
| $ | 0.00 |
|
|
| |
Net Swap Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Note Interest & Swap Termination Payment |
|
|
| $ | 8,156,575.41 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Note Interest |
| $ | 8,156,575.41 |
|
|
| |
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 |
| $ | 303,833.94 |
|
|
| |
|
|
|
| $ | 7,852,741.47 |
| |
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 |
|
|
| |
|
|
|
| $ | 7,852,741.47 |
| |
Class B notes Interest Paid |
| $ | 16,685.99 |
|
|
| |
Class B notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 7,836,055.48 |
| |
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 |
| $ | 7,324,155.91 |
|
|
| |
Class B notes Principal Paid |
| $ | 325,090.96 |
|
|
| |
|
|
|
| $ | 186,808.61 |
| |
Deposits to Spread Account |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 186,808.61 |
| |
Certificate Interest Paid |
| $ | 82,335.77 |
|
|
| |
Certificate Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 104,472.84 |
| |
Certificate Principal Paid |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 104,472.84 |
| |
Total Principal Balance of Notes and Certificates (End of Period) |
| $ | 101,917,482.30 |
|
|
| |
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 |
| $ | 74,608,591.59 |
|
|
| |
B notes Ending Principal balance |
| $ | 4,331,465.74 |
|
|
| |
Certificate Ending Principal balance |
| $ | 22,977,424.97 |
|
|
| |
|
|
|
|
|
| ||
Servicing Fee Paid (If CNH is the servicer) |
| $ | 91,305.61 |
|
|
| |
Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| |
Release to Seller as Excess |
| $ | 13,167.23 |
| $ | 13,167.23 |
|
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 |
|
|
|
|
|
|
| 1/18/2005 |
|
|
|
|
|
|
|
|
|
|
|
|
| Amount |
| Factor |
| Per/$1000 |
| |||
Summary and Factors |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (Beginning of Period) |
|
|
|
|
|
|
| $ | 109,566,729.17 |
| 0.1072915 |
| $ | 107.29 |
| |
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 |
|
|
|
|
|
|
| $ | 81,932,747.50 |
| 0.6191641 |
| $ | 619.16 |
| |
B notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 4,656,556.70 |
| 0.1072915 |
| $ | 107.29 |
| |
Certificate Beginning Principal balance |
|
|
|
|
|
|
| $ | 22,977,424.97 |
| 1.0000000 |
| $ | 1,000.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (End of Period) |
|
|
|
|
|
|
| $ | 101,917,482.30 |
| 0.0998011 |
| $ | 99.80 |
| |
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 |
| 93.50 | % | $ | 74,608,591.59 |
| 0.5638156 |
| $ | 563.82 |
|
B notes Ending Principal balance |
| 4.300 | % | $ | 43,401,000.00 |
| 4.25 | % | $ | 4,331,465.74 |
| 0.0998011 |
| $ | 99.80 |
|
Certificate Ending Principal balance |
| 4.300 | % | $ | 22,977,424.97 |
| 2.25 | % | $ | 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 |
|
|
|
|
|
|
| $ | 303,833.94 |
| 0.0022961 |
| $ | 2.30 |
| |
Class B notes Interest Paid |
|
|
|
|
|
|
| $ | 16,685.99 |
| 0.0003845 |
| $ | 0.38 |
| |
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 |
|
|
|
|
|
|
| $ | 7,324,155.91 |
| 0.0553485 |
| $ | 55.35 |
| |
Class B notes Principal Paid |
|
|
|
|
|
|
| $ | 325,090.96 |
| 0.0074904 |
| $ | 7.49 |
| |
Certificate Principal Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Negitive Carry Account |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Negitive Carry |
|
|
| 11/21/2001 |
|
|
| 1.504 | % |
|
|
|
| |||
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 |
|
|
|
|
|
|
| $ | 104,639.51 |
|
|
|
|
| ||
5
