Exhibit 99.02
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
January, 2001
Series 2000-01, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of January 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 % 7.993434
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Weighted average maturity 343.42
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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 $ 4.08018710 $ 3.26787013 $ 0.00000000 %0.00000000
A1 $ 8.42874444 $ 7.50232285 $ 5.71044358 %7.49999999
A2 $ 0.00000000 $ 0.00000000 $ 6.25000000 %7.50000000
A3 $ 12.68043116 $ 11.28669746 $ 5.43827666 %7.49999990
A4 $ 0.00000000 $ 0.00000000 $ 6.25000000 %7.50000000
A5 $ 0.00000000 $ 0.00000000 $ 6.25000000 %7.50000000
A6 $ 14.04324106 $ 12.49971765 $ 5.35103806 %7.50000005
A7 $ 0.00000000 $ 0.00000000 $ 6.25000000 %7.50000000
A8 $ 1.67339926 $ 1.48947235 $ 6.13915366 %7.49999995
A9 $ 0.00000000 $ 0.00000000 $ 6.69337036 %7.50000020
S $ 0.00000000 $ 0.00000000 $ 0.31532767 %0.40748819
M $ 0.78180446 $ 0.00000000 $ 6.19900486 %7.50000020
B1 $ 0.78180505 $ 0.00000000 $ 6.19900421 %7.49999941
B2 $ 0.78180470 $ 0.00000000 $ 6.19900307 %7.49999803
B3 $ 0.78180424 $ 0.00000000 $ 6.19900657 %7.50000226
B4 $ 0.78179959 $ 0.00000000 $ 6.19900818 %7.50000425
B5 $ 0.78180482 $ 0.00000000 $ 6.19899997 %7.49999428
R $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
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B. Accrual Amount
1.
Accrual Amount
Class
A9 $ 49,410.46
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 79,898.50
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C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 362,658,643.64
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2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 1,209
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3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 3,192,286.91 $ 3,177,402.61 $ 871.01 GEC0001PO
A1 $ 203,443,461.01 $ 201,566,666.21 $ 905.24 36157BAA8
A2 $ 40,000,000.00 $ 40,000,000.00 $ 1,000.00 36157BAB6
A3 $ 20,342,635.48 $ 20,046,179.69 $ 857.44 36157BAC4
A4 $ 6,738,000.00 $ 6,738,000.00 $ 1,000.00 36157BAD2
A5 $ 5,055,000.00 $ 5,055,000.00 $ 1,000.00 36157BAE0
A6 $ 18,557,399.87 $ 18,253,012.62 $ 842.12 36157BAF7
A7 $ 14,438,000.00 $ 14,438,000.00 $ 1,000.00 36157BAG5
A8 $ 29,003,326.61 $ 28,953,916.16 $ 980.59 36157BAH3
A9 $ 7,905,673.39 $ 7,955,083.84 $ 1,077.63 36157BAJ9
S $ 272,642,809.53 $ 270,656,493.15 $ 921.83 GEC00001S
M $ 7,953,570.99 $ 7,947,301.69 $ 991.06 36157BAL4
B1 $ 3,296,878.66 $ 3,294,279.94 $ 991.06 36157BAM2
B2 $ 1,940,040.51 $ 1,938,511.30 $ 991.06 36157BAN0
B3 $ 1,357,829.99 $ 1,356,759.70 $ 991.06 36157BAZ3
B4 $ 970,020.25 $ 969,255.65 $ 991.06 36157BBA7
B5 $ 970,039.14 $ 969,274.52 $ 991.06 36157BBB5
R $ 0.00 $ 0.00 $ 0.00 36157BAK6
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 11 Principal Balance $ 3,192,525.91
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2. 60-89 days
Number 4 Principal Balance $ 933,869.80
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3. 90 days or more
Number 2 Principal Balance $ 596,503.95
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4. In Foreclosure
Number 8 Principal Balance $ 1,884,436.67
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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: $ 3,914,201.00
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2. Bankruptcy Loss Amount: $ 159,061.00
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3. Fraud Loss Amount: $ 3,911,321.00
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4. Certificate Interest Rate of the Class S Certificate: %0.00000000
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