Exhibit 99.08
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
May, 2000
Series 2000-04, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of April 1, 2000 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 8.142501
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Weighted average maturity 354.51
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A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 2.68246263 $ 1.86879922 $ 0.00000000 % 0.00000000
A1 $ 12.87381211 $ 11.78585215 $ 6.45833331 % 7.74999997
A2 $ 0.00000000 $ 0.00000000 $ 6.45833358 % 7.75000030
A3 $ 0.00000000 $ 0.00000000 $ 6.66666667 % 8.00000000
A4 $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
A5 $ 0.00000000 $ 0.00000000 $ 6.45833324 % 7.74999989
A6 $ 0.00000000 $ 0.00000000 $ 6.45833345 % 7.75000014
A7 $ 0.00000000 $ 0.00000000 $ 6.45833349 % 7.75000018
A8 $ 0.00000000 $ 0.00000000 $ 6.45833333 % 7.75000000
A9 $ 0.00000000 $ 0.00000000 $ 6.45833321 % 7.74999985
A10 $ 0.00000000 $ 0.00000000 $ 6.45833498 % 7.75000197
A11 $ 0.00000000 $ 0.00000000 $ 6.45833654 % 7.75000385
A12 $ 0.00000000 $ 0.00000000 $ 6.45833396 % 7.75000075
A13 $ 0.00000000 $ 0.00000000 $ 6.45833433 % 7.75000120
A14 $ 0.00000000 $ 0.00000000 $ 6.45833364 % 7.75000036
A15 $ 0.00000000 $ 0.00000000 $ 6.66666874 % 8.00000249
A16 $ 0.00000000 $ 0.00000000 $ 6.66666667 % 8.00000000
A17 $ 0.00000000 $ 0.00000000 $ 6.87500000 % 8.25000000
A18 $ 0.00000000 $ 0.00000000 $ 6.45833333 % 7.75000000
A19 $ 0.00000000 $ 0.00000000 $ 6.45833393 % 7.75000071
A20 $ 0.00000000 $ 0.00000000 $ 6.66666667 % 8.00000000
A21 $ 0.00000000 $ 0.00000000 $ 6.66666544 % 7.99999853
A22 $ 8.07831414 $ 7.39561953 $ 6.45833333 % 7.75000000
A23 $ 34.59319327 $ 31.66973860 $ 6.45833333 % 7.75000000
A24 $ 0.00000000 $ 0.00000000 $ 6.45833478 % 7.75000173
A25 $ 0.00000000 $ 0.00000000 $ 6.45833437 % 7.75000124
S $ 0.00000000 $ 0.00000000 $ 0.36160122 % 0.43392147
M $ 0.68619395 $ 0.00000000 $ 6.45833353 % 7.75000024
B1 $ 0.68619327 $ 0.00000000 $ 6.45833248 % 7.74999898
B2 $ 0.68619550 $ 0.00000000 $ 6.45833410 % 7.75000092
B3 $ 0.68619621 $ 0.00000000 $ 6.45833620 % 7.75000344
B4 $ 0.68619266 $ 0.00000000 $ 6.45833028 % 7.74999633
B5 $ 0.68619304 $ 0.00000000 $ 6.45833067 % 7.74999681
R $ 1000.00000000 $ 915.50000000 $ 6.50000000 % 7.80000000
2. Unanticipated Recoveries: $ 0.00
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B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 38,709.06
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C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 432,410,652.34
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2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 1,287
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3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 6,653,844.80 $ 6,635,996.11 $ 997.32 GEC0004PO
A1 $ 78,959,000.00 $ 77,942,496.67 $ 987.13 36157NGB4
A2 $ 6,655,000.00 $ 6,655,000.00 $ 1,000.00 36157NGC2
A3 $ 975,000.00 $ 975,000.00 $ 1,000.00 36157NGD0
A4 $ 624,548.00 $ 624,548.00 $ 1,000.00 36157NGE8
A5 $ 41,060,238.00 $ 41,060,238.00 $ 1,000.00 36157NGF5
A6 $ 14,395,000.00 $ 14,395,000.00 $ 1,000.00 36157NGG3
A7 $ 10,825,000.00 $ 10,825,000.00 $ 1,000.00 36157NGH1
A8 $ 6,450,000.00 $ 6,450,000.00 $ 1,000.00 36157NGJ7
A9 $ 13,325,000.00 $ 13,325,000.00 $ 1,000.00 36157NGK4
A10 $ 2,030,000.00 $ 2,030,000.00 $ 1,000.00 36157NGL2
A11 $ 1,040,000.00 $ 1,040,000.00 $ 1,000.00 36157NGM0
A12 $ 2,665,000.00 $ 2,665,000.00 $ 1,000.00 36157NGN8
A13 $ 4,995,000.00 $ 4,995,000.00 $ 1,000.00 36157NGP3
A14 $ 11,000,000.00 $ 11,000,000.00 $ 1,000.00 36157NGQ1
A15 $ 1,609,000.00 $ 1,609,000.00 $ 1,000.00 36157NGR9
A16 $ 6,927,000.00 $ 6,927,000.00 $ 1,000.00 36157NGS7
A17 $ 2,500,000.00 $ 2,500,000.00 $ 1,000.00 36157NGT5
A18 $ 9,000,000.00 $ 9,000,000.00 $ 1,000.00 36157NGU2
A19 $ 5,630,000.00 $ 5,630,000.00 $ 1,000.00 36157NGV0
A20 $ 2,127,000.00 $ 2,127,000.00 $ 1,000.00 36157NGW8
A21 $ 2,723,000.00 $ 2,723,000.00 $ 1,000.00 36157NGX6
A22 $ 147,450,000.00 $ 146,258,852.58 $ 991.92 36157NGY4
A23 $ 32,556,000.00 $ 31,429,784.00 $ 965.41 36157NGZ1
A24 $ 3,465,000.00 $ 3,465,000.00 $ 1,000.00 36157NHA5
A25 $ 1,615,000.00 $ 1,615,000.00 $ 1,000.00 36157NHB3
S $ 270,925,051.00 $ 268,024,490.11 $ 989.29 GEC00004S
M $ 8,497,000.00 $ 8,491,169.41 $ 999.31 36157NHD9
B1 $ 3,922,000.00 $ 3,919,308.75 $ 999.31 36157NHE7
B2 $ 2,179,000.00 $ 2,177,504.78 $ 999.31 36157NHF4
B3 $ 1,743,000.00 $ 1,741,803.96 $ 999.31 36158GJB5
B4 $ 1,090,000.00 $ 1,089,252.05 $ 999.31 36158GJC3
B5 $ 1,089,445.61 $ 1,088,698.04 $ 999.31 36158GJD1
R $ 100.00 $ 0.00 $ 0.00 36157NHC1
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 21 Principal Balance $ 7,637,914.72
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2. 60-89 days
Number 0 Principal Balance $ 0.00
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3. 90 days or more
Number 0 Principal Balance $ 0.00
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4. In Foreclosure
Number 0 Principal Balance $ 0.00
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5. Real Estate Owned
Number 0 Principal Balance $ 0.00
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6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
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E. Other Information:
1. Special Hazard Loss Amount: $ 4,357,752.00
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2. Bankruptcy Loss Amount: $ 100,000.00
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3. Fraud Loss Amount: $ 4,357,752.00
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4. Certificate Interest Rate of the Class S Certificate:% 0.00000000
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*It has been the Company's experience that, with respect to the first
Distribution Date after the closing of a securitization containing a large
number of recently originated or acquired Mortgage Loans, the number of Mortgage
Loans 30-59 days delinquent may be inflated due to the borrowers sending monthly
payments to the wrong location or delays by the Company in inputting the
Mortgage Loans on its servicing system. It has also been the Company's
experience that for the majority of such Mortgage Loans the routing of
borrowers' monthly payments has corrected itself by the second Distribution
Date. However, the Company makes no assurances as to the level of delinquent
Mortgage Loans for future Distribution Dates.