Fleetwood Credit Receivables Corp. FLEETWOOD CREDIT 1997-A GRANTOR TRUST Servicer's Certificate For the Month of June, 1997 Principal and Interest Collections Beginning Pool Balance (1) $ 171,281,450.04 Beginning Pool Factor [(1)/$ 183,011,151.56] (2) 0.9359072 Principal Collected (3) $ 4,597,312.94 Interest Collected (4) $ 1,345,892.75 Less: Accrued Interest Prior to Cut Off Date (5) 842,961.39 Less: Additional Purchased Accrued Interest (5a) 0.00 Plus: Purchased Accrued Interest - End of Collection Period (6) 818,168.69 Net decrease/(increase) in Purchased Accrued Interest [(5)+(5a)-(6)] (7) $ 24,792.70 Plus: "Non-Reimbursable Interest Payment" (8) 11,805.75 Total Interest Received [(4)-(5)-(5a)+(6)+(8)] (9) $ 1,332,905.80 Additional Deposits (i) Repurchase Amounts (10) 0.00 (ii) Liquidation Proceeds (11) 13,600.00 (iii) Yield Supplement Deposit Amount (12) 0.00 Total Additional Deposits [(10)+(11)+(12)] (13) $ 13,600.00 Total Available Funds [(3)+(9)+(13)] (14) $ 5,943,818.74 Defaulted Receivable Principal Balance [(A1)] (15) $ 24,452.26 Ending Pool Balance [(1)-(3)-(15)] (16) $ 166,659,684.84 Ending Pool Factor [(16)/$ 183,011,151.56] (17) 0.9106532 Fleetwood Credit Receivables Corp. FLEETWOOD CREDIT 1997-A GRANTOR TRUST Servicer's Certificate For the Month of June, 1997 Distributions: Class A Class B Total Class Percentage 96.5% 3.5% 100% Pool Factor (Ending Pool Balance) 0.9106532 0.9106532 0.9106532 Class Coupon 6.64% 6.83% June Beginning Pool Balance [(1)] $165,286,599.29 $5,994,850.75 $171,281,450.04 June Ending Pool Balance [(16)] $160,826,595.87 $5,833,088.97 $166,659,684.84 Collected Principal [(3)] $4,436,406.99 $160,905.95 $4,597,312.94 Collected Interest [(9)] $1,286,254.10 $46,651.70 $1,332,905.80 Other Collected Interest [(9a)] $0.00 $0.00 $0.00 Additional Deposits [(10)+(11)] $13,124.00 $476.00 $13,600.00 Servicing Fee [(1.0%/12)x(1)] ($137,738.83) ($4,995.71) ($142,734.54) Total Available Funds $5,598,046.26 $203,037.94 $5,801,084.20 Payments to Certficateholders: Principal Distributable Amount [(1)-(16)] $4,460,003.42 $161,761.78 $4,621,765.20 Interest Distributable Amount [(1)x(coupon/12 $914,585.85 $34,120.69 $948,706.54 Total Payments to Certificateholders $5,374,589.27 $195,882.47 $5,570,471.74 Reserve Fund payment $0.00 $0.00 $0.00 Amount due Class B but paid to Class A (subordination) $0.00 Class A Interest Carryover Shortfall $0.00 Class A Principal Carryover Shortfall $0.00 Class B Interest Carryover Shortfall $0.00 Class B Principal Carryover Shortfall $0.00 Amounts Remaining in the Certificate Account to be paid to the Seller $223,456.99 $7,155.47 $230,612.46 Memo: Principal Difference ($10,472.43) ($379.83) ($10,852.26) Interest Difference $233,929.42 $7,535.30 $241,464.72 Total $223,456.99 $7,155.47 $230,612.46 /TABLE Fleetwood Credit Receivables Corp. FLEETWOOD CREDIT 1997-A GRANTOR TRUST Servicer's Certificate For the Month of June, 1997 Determination of the Servicer Letter of Credit Amount Number of Contracts - End of Month (45) N/A Original number of contracts (46) N/A Percent of Original Contracts remaining [((45)/(46))x100] (47) N/A Original Servicer Letter of Credit Amount (48) $ N/A Revised Servicer Letter of Credit Amount [Lessor of [(48)x(47) or the Beginning Pool Balance (1)] (49) $ N/A Prior Month Servicer Letter of Credit Amount [Previous Month (49)] (50) $ N/A Servicer Letter of Credit Fee (51) $ N/A Yield Supplement Amount Receivables with coupon rates below 7.65% Principal Outstanding (52) $ N/A Number of receivables (53) N/A Interest on the Receivables at their APR (54) $ N/A Interest due on the Receivables at the Pass-Through Rate (55) $ N/A Yield Supplement Amount [(54)-(55)] (56) $ N/A Defaulted Receivables Amount of principal and accrued interest due from Obligors on Defaulted Receivables Principal (A1) $ 24,452.26 Interest (A2) 258.26 Expense (A3) 7.00 Total (A) $ 24,717.52 Less: Liquidation Proceeds (B) $ 13,600.00 Realized Loss [(A1)+(A2)-(B)] (C) $ 11,110.52 Cumulative Losses (Including Expenses) (D) $ 23,053.00 Cumulative Loss Percentage [(D)/$183,011,151.56] 0.01% (Less than 1.5% ?) Fleetwood Credit Receivables Corp. FLEETWOOD CREDIT 1997-A GRANTOR TRUST Servicer's Certificate For the Month of June, 1997 Reconciliation of Reserve Fund Beginning Reserve Fund Balance (57) $ 3,631,871.87 Plus: Excess Amounts from Seller (57a) 230,612.46 Plus: Investment Earnings (57b) 17,200.95 Less: Reserve Fund Payments (58) 0.00 Subtotal Reserve Fund $ 3,879,685.28 Plus: Beginning Negative Carry Balance (58a) 0.00 Plus: Negative Carry Investment Earnings (58b) 0.00 Less: Payment from Negative Carry (58c) 0.00 Ending Negative Carry Balance (58d) 0.00 Reserve Fund Prior to Payments to Seller (59) $ 3,879,685.28 Required Reserve Fund Balance: (Lesser of 1 or 2) (1) Greater of: $3,660,223 or 2.50% of the Ending Pool Balance (Class A and Class B Certificate Balances), but not greater than the Ending Pool Balance (unless the Cumulative Loss Percentage exceeds 1.5%), or (2); (2) (18% - Subordination Fraction) x the Ending Pool Balance NA Required Amount (60) $ 4,166,492.12 Amount of Excess Reserve released [(59)-(60)] (61) $ 0.00 (No Release to be made during Pre-funding period) Ending Reserve Fund Balance to be invested(including (62) $ 3,879,685.28 Negative Carry Balance) Reserve Fund Balance as a Percent of the Ending Pool Balance (63) 2.33% Interest Income on Reserve Fund for June, 1997 from First Chicago (64) $ 17,200.95 Interest Income on Negative Carry Balance for June, 1997 (65) $ 0.00 from First Chicago Fleetwood Credit Receivables Corp. FLEETWOOD CREDIT 1997-A GRANTOR TRUST Servicer's Certificate For the Month of June, 1997 Reconciliation of Net Payment to the Trustee Available Funds $5,943,818.74 Servicing Fees ($142,734.54) Total Available Funds $5,801,084.20 Total payments to Class A $5,374,589.27 Total payments to Class B $195,882.47 Reserve Fund: Excess from Seller [(57a)] $230,612.46 Reserve Fund Payments [(58)] $0.00 Gross payment to the Trustee $5,801,084.20 Amounts Held by Trustee: Less: Amount released from Reserve Fund in excess of $3,660,223 (Net of Reserve Fund payment) [(61)] $0.00 Less: Balance of Prefunded Account payable to Certificateholders N/A Less: Amount paid from Negative Carry Balance [(58c)] N/A Less: Amount paid from Pre-Funded Amount Earnings [(72)] N/A Total Other Collected Interest (9a) N/A Total Amount Held by Trustee $0.00 Net payment to the Trustee $5,801,084.20 Reconciliation of Pre-Funding Account Beginning Pre-Funded Amount (70) N/A [Prior Month (74)] Less: Amount applied to the purchase of Subsequent Receivables (71) N/A Plus: Earnings on Pre-Funded Amount (72) N/A Less: Payment of Earnings (73) N/A Ending Pre-Funding Amount (74) N/A Account Activity Number of Accounts - Beginning of Month 5,436 Less: Account Paid Off / Repurchased 112 Plus: Accounts in Collateral Addition 0 Number of Accounts - End of Month 5,324 Non-Accrual Accounts - End of Month Number of Non-Accrual Accounts 8 Aggregate Principal Balance Outstanding $359,593.24 /TABLE Fleetwood Credit Receivables Corp. FLEETWOOD CREDIT 1997-A GRANTOR TRUST Servicer's Certificate For the Month of June, 1997 Delinquent Accounts Period of Delinquency Units Amount Percent of Pool 30 - 59 days 6 $ 197,750.01 0.12% 60 - 89 days 1 12,157.23 0.01% 90 days or more 0 0.00 0.00% Total 7 $ 209,907.24 0.13%(A) Repossession Inventory 8 $ 359,593.24 0.216%(B) Delinquency Percentage Quarter APR MAY JUN Total(Avg) 90 days or more (000) $ 0.0 $ 26.4 $ 0.0 $ 8.8 Repossession Inventory (000) $ 172.4 $ 271.0 $ 359.6 $ 267.6 Total $ 172.4 $ 297.4 $ 359.6 $ 276.5(A) Ending Pool Balance (mils) $ 174.7 $ 171.3 $ 166.7 $ 170.9(B) Delinquency Percentage (A)/(B) 0.16% Realized Loss Analysis Quarter APR MAY JUN Total Realized Losses/(Recoveries) (X) [(A1+(A2)-(B)] (000) $ 6.7 $ 5.1 $ 11.1 $ 22.9(Sum) Beginning Pool Balance (mils) (Y) $ 179.7 $ 174.7 $ 171.3 $175.2(Avg) Realized Loss Percentage (Less than 1.5%?) [((X)/(Y))*4] 0.05% Realized Losses Since Inception (less than $2,745,168 ?) $22,904.57 Change in Realized Losses $11,110.52 Proceeds from Insurance and Dealer Repurchases Proceeds received during the month from physical damage insurance $ 0.00 Proceeds received during the month from Dealer repurchase obligations relating to Defaulted Receivables $ 0.00