OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Dec-00
Scheduled Principal Balance of Contracts
- ------------------------------------------------------------------------------------------------------------------------------------
Beginning Ending
Principal Scheduled Prepaid Liquidated Pre-Funding Principal
Balance Principal Principal Principal Balance
- ------------------------------------------------------------------------------------------------------------------------------------
253,822,286.49 (475,450.23) (3,293,480.98) (55,416.71) 0.00 249,997,938.57
====================================================================================================================================
Scheduled Scheduled Amount
Gross Servicing Pass Thru Liquidation Available for
Interest Fee Interest Proceeds Distribution
- -----------------------------------------------------------------------------------------------------------------------------
2,555,754.80 211,518.57 2,344,236.23 40,898.99 0.00 6,365,585.00
=============================================================================================================================
Total
Distribution
- ---------------------------------------
0.00 6,365,585.00
=======================================
Certificate Account
- --------------------------------------------------------------------------------------------------------------------------------
Beginning Deposits Investment Ending
Balance Principal Interest Distributions Interest Balance
- --------------------------------------------------------------------------------------------------------------------------------
3,731,105.79 3,781,265.74 2,285,272.08 (6,915,925.42) 12,933.98 2,894,652.17
================================================================================================================================
P&I Advances at Distribution Date
- ---------------------------------------------------------------------------------
Beginning Recovered Current Ending
Balance Advances Advances Balance
- ---------------------------------------------------------------------------------
957,333.94 -957,333.94 1,585,362.63 1,585,362.63
=================================================================================
Capitalized Interest Account
- ------------------------------------------------------------------------
Beginning Ending
Balance Deposit Withdraw Balance
- ------------------------------------------------------------------------
0.00 0.00 0.00 0.00
========================================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: December-00
Class B Crossover Test Test Met?
- --------------------------------------------------------------------------- ---------------
(a) Remittance date on or after April 2005 N
(b) Average 60 day Delinquency rate <= 5.5% Y
(d) Cumulative losses do not exceed the following
percent of the intitial principal balance of all Certificates
Apr. 2005 - Sept. 2006 7% N
Oct. 2006 - Sept. 2007 8% N
Oct. 2007 - Mar. 2009 9.5% N
April 2009 and After 10.5% N
(e) Current realized loss ratio <= 3.00% Y
(f) Does subordinated cert. percentage equal or
exceed 56.840%
of stated scheduled pool balance
Beginning M balances 41,323,000.00
Beginning B balances 27,993,000.00
Overcollateralization 7,997,938.14
--------------------
77,313,938.14
Divided by beginning pool
balance 253,822,286.49
--------------------
30.460% N
====================
Average 60 day delinquency ratio:
Over 60s Pool Balance %
------------------------------------------------------------
Current Mo 3,042,549.09 249,997,938.57 1.22%
1st Preceding Mo 1,384,067.74 253,822,286.49 0.55%
2nd Preceding Mo 368,873.43 258,140,471.59 0.14%
Divided by 3
------------------
0.64%
==================
Cumulative loss ratio:
Cumulative losses 14,517.72
-----------------------
Divided by Initial Certificate Principal 266,597,938.14 0.005%
==================
Current realized loss ratio:
Liquidation Pool
Losses Balance
------------------------------------------
Current Mo 14,517.72 253,822,286.49
1st Preceding Mo 0.00 258,140,471.59
2nd Preceding Mo 0.00 198,526,810.23
------------------------------------------
14,517.72 236,829,856.10
0.025%
==================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Dec-00
Delinquency Analysis
31 to 59 days 60 to 89 days 90 days and Over
No. of Principal Principal Principal Principal
Loans Balance # Balance # Balance # Balance
--------------------------------------------------------------------------------------------------------------------
Excluding Repos 7,056 248,919,299.46 311 9,204,111.26 53 1,689,370.67 17 448,405.64
Repos 38 1,078,639.11 3 104,511.84 18 519,655.21 15 385,117.57
--------------------------------------------------------------------------------------------------------------------
Total 7,094 249,997,938.57 314 9,308,623.10 71 2,209,025.88 32 833,523.21
====================================================================================================================
Repossession Analysis
Active Repos Reversal Current Month
Total Delinq. Outstanding (Redemption) Repos
Principal Principal Principal Principal
# Balance # Balance # Balance # Balance
--------------------------------------------------------------------------------------------------------------------
Excluding Repos 381 11,341,887.57 38 1,078,639.11 0 0.00 20 614,153.38
Repos 36 1,009,284.62
-----------------------------------
Total 417 12,351,172.19
===================================
5.9% 4.94%
==================================
Cumulative Repos
Principal
# Balance
--------------------------------
Excluding Repos 39 1,131,581.25
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Dec-00
REPOSSESSION LIQUIDATION REPORT
Liquidated
Account Customer Principal Sales Insur. Total Repossession
Number Name Balance Proceeds Refunds Proceeds Expenses
- -----------------------------------------------------------------------------------------------------------------------------
2234607 DAVID CARTER 52,279.11 51,900.00 3,164.34 55,064.34 11,377.00
*0255802 JUDY GRAVES 3,137.60 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
----------------------------------------------------------------------------------------
55,416.71 51,900.00 3,164.34 55,064.34 11,377.00
========================================================================================
*CHARGE OFF
Net Net Current
Liquidation Unrecov. FHA Insurance Pass Thru Period Net Cumulative
Proceeds Advances Coverage Proceeds Gain/(Loss) Gain/(Loss)
- --------------------------------------------------------------------------------------------------------------
43,687.34 2,469.99 0.00 41,217.35 (11,061.76)
0.00 318.36 0.00 (318.36) (3,455.96)
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
- --------------------------------------------------------------------------------------------
43,687.34 2,788.35 0.00 40,898.99 (14,517.72) (14,517.72)
==============================================================================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Dec-00
CERTIFICATE PRINCIPAL ANALYSIS
PRINCIPAL
Beginning Beginning
Senior Original Certificate Certificate Principal Shortfall Current Principal
Certificates Balance Balance Carry-Over Due
- ------------------------------------------------------------------------------------------------------------------------------------
A-1 189,284,000.00 175,211,346.02 0.00 3,824,347.92
--------------------------------------------------------------------------------------
Total Certificate Principal Bal. 189,284,000.00 175,211,346.02 0.00 3,824,347.92
======================================================================================
Beginning Beginning
Subordinate Original Certificate Certificate Principal Shortfall Current Principal
Certificates Balance Balance Carry-Over Due
--------------------------------------------------------------------------------------
M-1 26,660,000.00 26,660,000.00 0.00 0.00
M-1 Outstanding Writedown 0.00
M-2 14,663,000.00 14,663,000.00 0.00 0.00
M-2 Outstanding Writedown 0.00
B-1 13,330,000.00 13,330,000.00 0.00 0.00
B-1 Outstanding Writedown 0.00
B-2 14,663,000.00 14,663,000.00 0.00 0.00
B-2 Outstanding Writedown 0.00
Excess Asset Principal Balance 7,997,938.14 9,294,940.47
--------------------------------------------------------------------------------------
Total Excluding Writedown Balances 77,313,938.14 78,610,940.47 0.00 0.00
======================================================================================
All Certificates Excluding Writedown Balances 266,597,938.14 253,822,286.49 0.00 3,824,347.92
======================================================================================
PRINCIPAL Accelerated
Ending Principal Principal
Senior Current Shortfall Carry- Distribution
Certificates Principal Paid Over Amount
- ----------------------------------------------------------------------------------------- ----------------------
A-1 3,824,347.92 0.00 667,713.69
------------------------------------------- ----------------------
Total Certificate Principal Bal. 3,824,347.92 0.00 667,713.69
=========================================== ======================
Accelerated
Ending Principal Current Principal
Subordinate Current Shortfall Carry- Writedown/ Distribution
Certificates Principal Paid Over (Writeup) Amount
--------------------------------------------------------------------------------------
M-1 0.00 0.00 0.00
M-1 Outstanding Writedown 0.00
M-2 0.00 0.00 0.00
M-2 Outstanding Writedown 0.00
B-1 0.00 0.00 0.00
B-1 Outstanding Writedown 0.00
B-2 0.00 0.00 0.00
B-2 Outstanding Writedown 0.00
Excess Asset Principal Balance (667,713.69)
--------------------------------------------------------------------------------------
Total Excluding Writedown Balances 0.00 0.00 0.00 (667,713.69)
======================================================================================
All Certificates Excluding Writedown Balances 3,824,347.92 0.00 0.00 0.00
======================================================================================
Ending Principal Paid
Senior Certificate Per $1,000
Certificates Balance Pool Factor Denomination
- --------------------------------------------------------------------------
A-1 170,719,284.41 90.19214% 23.73186
----------------------------
Total Certificate Principal Bal. 170,719,284.41
============================
Ending Principal Paid
Subordinate Certificate Per $1,000
Certificates Balance Pool Factor Denomination
----------------------------
M-1 26,660,000.00 100.00000% 0.00000
M-1 Outstanding Writedown 0.00
M-2 14,663,000.00 100.00000% 0.00000
M-2 Outstanding Writedown 0.00
B-1 13,330,000.00 100.00000% 0.00000
B-1 Outstanding Writedown 0.00
B-2 14,663,000.00 100.00000% 0.00000
B-2 Outstanding Writedown 0.00
Excess Asset Principal Balance 9,962,654.16
----------------------------
Total Excluding Writedown Balances 79,278,654.16
============================
All Certificates Excluding Writedown Balances 249,997,938.57
============================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MO. MONTH Dec-00
CERTIFICATE INTEREST ANALYSIS
Current
Pass Beginning Carry- Carry-Over
Senior Through Over Priority Current Priority Priority Interest
Certificates Rate Interest Balance Interest Accrual Accrual Paid
-------------------------------------------------------------------------------------------------
A-1 7.7200% 0.00 1,127,192.99 0.00 1,127,192.99
-----------------------------------------------------------------------------------
Total 0.00 1,127,192.99 0.00 1,127,192.99
===================================================================================
Current
Pass Beginning Carry- Carry-Over
Subordinate Through Over Priority Current Priority Priority Interest Priority Interest
Certificates Rate Interest Balance Interest Accured Accured Paid
-------------------------------------------------------------------------------------------------
M-1 8.4900% 0.00 188,619.50 0.00 188,619.50
M-2 8.9000% 0.00 108,750.58 0.00 108,750.58
B-1 9.4200% 0.00 104,640.50 0.00 104,640.50
B-2 10.5000% 0.00 128,301.25 0.00 128,301.25
X 1,297,122.81 682,231.41 0.00 0.00
R 0.00 0.00 0.00 0.00
Service Fee 1.0000% 0.00 211,518.57 0.00 211,518.57
Current Trustee Fees 4,500.00
-----------------------------------------------------------------------------------
Total 1,297,122.81 1,424,061.81 0.00 746,330.40
===================================================================================
All Certificates 1,297,122.81 2,551,254.80 0.00 1,873,523.39
===================================================================================
Interest
Ending Paid Per
Senior Carry-Over 1000 Total Class
Certificates Balance Denomination Distribution
-------------------------------------------------------------------
A-1 0.00 5.95504 5,619,254.60
---------------- ----------------------
Total 0.00 5,619,254.60
================ ======================
Ending Beginning Current
Carry-Over Carry-Over Current Carry-Over
Subordinate Priority Interest Writedown Writedown Writedown
Certificates Balance Int. Balance Int. Accrued Int. Accrued
--------------------------------------------------------------------------------------
M-1 0.00 0.00 0.00 0.00
M-2 0.00 0.00 0.00 0.00
B-1 0.00 0.00 0.00 0.00
B-2 0.00 0.00 0.00 0.00
X 1,979,354.22
R 0.00
Service Fee 0.00
Current Trustee Fees
--------------------------------------------------------------------------------------
Total 1,979,354.22 0.00 0.00 0.00
======================================================================================
All Certificate 1,979,354.22 0.00 0.00 0.00
======================================================================================
Ending Interest
Carry-Over Paid Per
Subordinate Writedown Writedown 1000 Total Class
Certificates Interest Paid Int. Balance Denomination Distribution
--------------------------------------------------------------------------------------
M-1 0.00 0.00 7.07500 188,619.50
M-2 0.00 0.00 7.41667 108,750.58
B-1 0.00 0.00 7.85000 104,640.50
B-2 0.00 0.00 8.75000 128,301.25
X 0.00
R 0.00
Service Fee 211,518.57
Current Trustee Fees 4,500.00
----------------------------------------- --------------------
Total 0.00 0.00 746,330.40
========================================= ====================
All Certificate 0.00 0.00 6,365,585.00
========================================= ====================
Cumulative X Interest Shortfall 1,979,354.22
Cumulative Accelerated Prin. Disb. (1,964,836.50)
--------------------
Cumulative Losses 14,517.72
====================