Exhibit 19(b)
FLEETWOOD CREDIT 1996-A GRANTOR TRUST
Servicer's Certificate
For the Month of April, 1996
Principal and Interest Collections
Beginning Pool Balance (1) $ 152,545,172.18
Beginning Pool Factor [(1)/$ 152,545,172.18] (2) 1.0000000
Principal Collected (3) $ 5,140,486.29
Interest Collected (4) $ 1,207,562.99
Less: Accrued Interest Prior to Cut Off Date (5) 752,068.34
Less: Additional Purchased Accrued Interest (5a) 0.00
Plus: Purchased Accrued Interest -
End of Collection Period (6) 723,482.52
Net decrease/(increase) in Purchased
Accrued Interest [(5)+(5a)-(6)] (7) $ 28,585.82
Plus: "Non-Reimbursable Interest Payment" (8) 14,502.40
Total Interest Received
[(4)-(5)-(5a)+(6)+(8)] (9) $ 1,193,479.57
Additional Deposits
(i) Repurchase Amounts (10) 0.00
(ii) Liquidation Proceeds (11) 0.00
(iii) Yield Supplement Deposit Amount (12) 0.00
Total Additional Deposits [(10)+(11)+(12)] (13) $ 0.00
Total Available Funds [(3)+(9)+(13)] (14) $ 6,333,965.86
Defaulted Receivable Principal Balance [(A1)] (15) $ 0.00
Ending Pool Balance [(1)-(3)-(15)] (16) $ 147,404,685.89
Ending Pool Factor [(16)/$ 152,545,172.18] (17) 0.9663019
Fleetwood Credit Receivables Corp.
FLEETWOOD CREDIT 1996-A GRANTOR TRUST
Servicer's Certificate
For the Month of April, 1996
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 7.76%
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) $ 0.00
Interest (A2) 0.00
Expense (A3) 0.00
Total (A) $ 0.00
Less: Liquidation Proceeds (B) $ 0.00
Realized Loss [(A1)+(A2)-(B)] (C) $ 0.00
Cumulative Losses (Including Expenses) (D) $ 0.00
Cumulative Loss Percentage [(D)/$152,545,172.18] 0.00%
(Less than 1.5% ?)
Fleetwood Credit Receivables Corp.
FLEETWOOD CREDIT 1996-A GRANTOR TRUST
Servicer's Certificate
For the Month of April, 1996
Reconciliation of Reserve Fund
Beginning Reserve Fund Balance (57) $ 2,289,000.00
Plus: Excess Amounts from Seller (57a) 207,402.15
Plus: Investment Earnings (57b) 9,038.41
Less: Reserve Fund Payments (58) 0.00
Subtotal Reserve Fund $ 2,505,440.56
Plus: Beginning Negative Carry Balance (58a) NA
Plus: Negative Carry Investment Earnings (58b) NA
Less: Payment from Negative Carry (58c) 0.00
----------------
Ending Negative Carry Balance (58d) NA
Reserve Fund Prior to Payments to Seller (59) $ NA
Required Reserve Fund Balance:
(Lesser of 1 or 2)
(1) Greater of: $3,050,903 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) $ 3,685,117.15
Amount of Excess Reserve released [(59)-(60)] (61) $ NA
(No Release to be made during Pre-funding period) ----------------
Ending Reserve Fund Balance to be invested(including (62) $ NA
Negative Carry Balance)
Reserve Fund Balance as a Percent
of the Ending Pool Balance
(63) NA
----------------
Interest Income on Reserve Fund for April, 1996
from First Chicago (64) $ 9,038.41
Interest Income on Negative Carry Balance for April, 1996 (65) $ NA
from First Chicago ----------------