EXHIBIT 4
DEUTSCHE FINANCIAL SERVICES CORPORATION - - RV/MARINE TRUST 2001-1
Accounting Date: 11-Dec-02
Determination Date: 13-Dec-02
Monthly Payment Date: 13-Dec-02
Collection Period Ending: 30-Nov-02
<Table>
I. COLLECTION ACCOUNT SUMMARY
Principal and Interest Payments Received (including Prepayments) 13,864,260.31
Net Liquidation Proceeds (including Rebates/Insurance Amounts) 90,062.13
Current Monthly Interest Shortfall/Excess 60,137.21
Recoup of Collection Expenses -10,080.34
Amount of Withdrawal, if any, from Reserve Account 0.00
Purchase Amounts for Repurchased Receivables 0.00
14,004,379.31
II. SIMPLE INTEREST EXCESS OR SHORTFALLS
Amount of Interest Payments Due During the Collection Period for Receivables 2,863,433.54
Amount of Interest Payments Received During the Collection Period for Receivables 2,803,296.33
Amount of Current Month Simple Interest Excess/Shortfall 60,137.21
III. CALCULATION OF RESERVE ACCOUNT DEPOSIT/WITHDRAWALS
Reserve Account Required Amount (not more than the outstanding principal balance of the Notes) 3,971,004.00
Beginning Reserve Account Balance 2,265,854.42
Deposits to Reserve Account (only if Reserve Account is less than the Reserve Account Required Amount) 810,777.81
Reserve Account Withdrawals (to the extent that there are Interest or Principal payment shortfalls) 0.00
Reserve Account Investment Earnings 2,526.57
Withdrawals from Reserve Account due to Servicer (to the extent that the Required Reserve Account
Amount has been met) 0.00
Amount in Reserve Account as of Determination Date (excluding amount to be paid on next Payment Date) 2,265,854.42
Total Ending Reserve Balance 3,079,158.80
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<Table>
IV. COLLECTIONS ON RECEIVABLES
a)
Interest Payments Received 2803,296.33
Scheduled Principal Payments Received 1732,513.61
Principal Prepayments Received 9328,450.37
Total Interest and Principal Payments Received 13,864,260.31
b)
Gross Recovery Proceeds of Liquidated Receivables (including Rebates/Insurance) 98,519.46
minus Reasonable Expenses 8,457.33
Net Liquidation Proceeds 90,062.13
Amount Allocable to Interest 0.00
Amount Allocable to Principal 90,062.13
c)
Amount Allocable to Interest 0
Amount Allocable to Principal 0
13,954,322.44
V. CALCULATION OF SERVICING AND TRUSTEE FEES
389,595,326.36
multiplied by Servicer Fee Rate 0.75%
divided by Months per Year 0
243,497.08
VI. POOL BALANCE AND PORTFOLIO PERFORMANCE
a)
Initial Pool Balance 529,467,226.64
Pool Balance as of Preceding Accounting Date 389,595,326.36
Pool Balance as of the Current Accounting Date 378,334,007.71
Age of Pool in Months 13
a.2)
Aggregate Note Balance as of Preceding Accounting Date 389,595,326.36
Aggregate Note Balance as of Current Accounting Date 378,334,007.71
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<Table>
<Caption>
b)
Current Month Number of Loans Principal Balance Percentage
30-59 Days Delinquent 75 3,210,900.72 0.849%
60-89 Days Delinquent 38 1,106,267.79 0.292%
90-119 Days Delinquent 26 1,562,955.50 0.413%
120+ Days Delinquent 0 0.00 0.000%
Defaults for Current Period 10 200,354.67 0.053%
Cumulative Defaults 113 3,810,347.38 0.720%
Cumulative Recoveries 1,446,900.80 0.273%
</Table>
<Table>
Current Month Realized Losses 110,292.54
Current Month Realized Losses as Percentage of Initial Pool Balance (Annualized) 0.021%
Preceding Realized Losses 651,973.36
Preceding Month Realized Losses as Percentage of Initial Pool Balance (Annualized) 0.123%
Second Preceding Realized Losses 108,274.10
Second Preceding Month Realized Losses as Percentage of Initial Pool Balance (Annualized) 0.020%
Cumulative Realized Losses 2,363,446.58
Cumulative Realized Losses as Percentage of Initial Pool Balance 0.446%
VII. DISTRIBUTIONS OF THE TOTAL DISTRIBUTABLE AMOUNT
0.71455605
0.69713287
a) 243,497.08
0.00
b)
Class A-1 84,354.02
Class A-2 182,250.00
Class A-3 355,500.00
Class A-4 448,875.00
Class A-5 373,205.42
Class B 106,255.75
Class C 52,993.50
Class D 85,352.08
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<Table>
<Caption>
Noteholders'
Beginning Monthly Principal Ending
Balance Distributable Amount Balance
Class A-1 35,895,326.36 11,261,318.65 24,634,007.71
Class A-2 54,000,000.00 0.00 54,000,000.00
Class A-3 90,000,000.00 0.00 90,000,000.00
Class A-4 95,000,000.00 0.00 95,000,000.00
Class A-5 72,350,000.00 0.00 72,350,000.00
Class B 19,830,000.00 0.00 19,830,000.00
Class C 9,270,000.00 0.00 9,270,000.00
Class D 13,250,000.00 0.00 13,250,000.00
c) 0.00
VIII POOL STATISTICS
9.11%
164
TOTAL DISTRIBUTION AMOUNT (Serv Fee+Note Int+Note Prin+Reserve Deposit) 14,004,379.31
TOTAL WIRE TO HSBC 14,004,379.31
Amount Due To Servicer 0.00
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