Exhibit 20.1
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Mar-01
Scheduled Principal Balance of Contracts
- ------------------------------------------------------------------------------------------------------------------------
Beginning Ending Scheduled
Principal Scheduled Prepaid Liquidated Pre-Funding Principal Gross
Balance Principal Principal Principal Balance Interest
- ------------------------------------------------------------------------------------------------------------------------------------
244,597,851.39 (471,804.34) (1,493,762.58) (432,640.22) 0.00 242,199,644.25 2,453,995.91
====================================================================================================================================
Scheduled Amount
Servicing Pass Thru Liquidation Available for Total
Fee Interest Proceeds Distribution Distribution
- ------------------------------------------------------------------------------------------------------------------------------------
203,831.54 2,250,164.37 315,233.47 0.00 4,734,796.30 0.00 4,734,796.30
====================================================================================================================================
Certificate Account
- -----------------------------------------------------------------------------------------------------------------------------------
Beginning Deposits Investment Ending
Balance Principal Interest Distributions Interest Balance
- ----------------------------------------------------------------------------------------------------------------------------------
868,189.84 2,414,141.76 2,428,911.03 (4,374,925.68) 3,147.32 1,339,464.27
====================================================================================================================================
P&I Advances at Distribution Date
- --------------------------------------------------------------------------------
Beginning Recovered Current Ending
Balance Advances Advances Balance
- --------------------------------------------------------------------------------
1,608,106.82 -1,608,106.82 1,480,081.85 1,480,081.85
================================================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: March-01
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 244,597,851.39
----------------
31.609% N
================
Average 60 day delinquency ratio:
Over 60s Pool Balance %
---------------------------------------------------------
Current Mo 8,674,616.76 242,199,644.25 3.58%
1st Preceding Mo 7,187,777.09 244,597,851.39 2.94%
2nd Preceding Mo 5,958,635.88 246,491,852.27 2.42%
Divided by 3
---------------
2.98%
===============
Cumulative loss ratio:
Cumulative losses 232,152.57
-----------------------
Divided by Initial Certificate Principal 266,597,938.14 0.087%
===============
Current realized loss ratio:
Liquidation Pool
Losses Balance
------------------------------------------
Current Mo 117,406.75 244,597,851.39
1st Preceding Mo 41,581.64 246,491,852.27
2nd Preceding Mo 58,646.46 249,997,938.57
----------------------------------------
217,634.85 247,029,214.08
0.352%
==================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Mar-01
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 6,747 238,355,394.66 164 5,127,973.10 62 2,291,316.47 70 2,822,315.28
Repos 110 3,844,249.59 5 197,199.39 14 577,949.80 89 2,983,035.21
------------------------------------------------------------------------------------------------------------
Total 6,857 242,199,644.25 169 5,325,172.49 76 2,869,266.27 159 5,805,350.49
============================================================================================================
Repossession Analysis
Active Repos Reversal Current Month
Total Delinq. Outstanding (Redemption) Repos Cumulative Repos
Principal Principal Principal Principal Principal
# Balance # Balance # Balance # Balance # Balance
-------------------------------------------------------------------------------------------------------------------
Excluding Repos 296 10,241,604.85 110 3,844,249.59 -2 (47,320.83) 32 1,123,406.98 138 4,543,995.92
Repos 108 3,758,184.40
---------------------------
Total 404 13,999,789.25
===========================
5.9% 5.78%
==========================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Mar-01
REPOSSESSION LIQUIDATION REPORT
Liquidated Net
Account Customer Principal Sales Insur. Total Repossession Liquidation
Number Name Balance Proceeds Refunds Proceeds Expenses Proceeds
- -----------------------------------------------------------------------------------------------------------------------------------
0075614 DAVID W BARDEN 4,379.20 2,000.00 0.00 2,000.00 660.00 1,340.00
0086660 WILLIAMS JR MICHAEL 6,206.45 500.00 0.00 500.00 660.00 (160.00)
0130542 LILLIAN V ASH 9,199.07 13,500.00 0.00 13,500.00 6,295.00 7,205.00
2265395 BOBBY SHORT 31,927.18 30,400.00 0.00 30,400.00 6,802.00 23,598.00
2278935 JASON JACOBS 36,060.48 32,900.00 565.24 33,465.24 6,877.00 26,588.24
2282994 SONNY P FANNON 24,524.14 24,400.00 294.00 24,694.00 6,622.00 18,072.00
2292266 REGINA ENGLISH 27,317.69 24,400.00 1,888.54 26,288.54 6,622.00 19,666.54
2301505 SHERRI HARDY 24,975.68 25,900.00 246.08 26,146.08 6,667.00 19,479.08
2317048 PEGGY A CRAVENS 32,468.00 38,900.00 836.77 39,736.77 7,057.00 32,679.77
2214229 RONNIE FOX 42,147.16 40,900.00 1,411.38 42,311.38 7,117.00 35,194.38
2219202 JAMES E SCROGGINS 35,903.21 32,400.00 642.63 33,042.63 6,862.00 26,180.63
2279578 DIANNA L HARTMAN 24,320.45 26,000.00 263.71 26,263.71 5,890.00 20,373.71
2292563 KITTY LIVINGSTON 30,158.45 31,500.00 807.87 32,307.87 6,835.00 25,472.87
2302602 KATHRINE EIDSON 43,860.64 47,150.00 283.41 47,433.41 7,534.50 39,898.91
**2263440 ROGER CONWAY 7,004.64 0.00 0.00 0.00 0.00 0.00
**2320786 SHARLEAN WARD 52,187.78 0.00 52,430.00 52,430.00 0.00 52,430.00
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
----------------------------------------------------------------------------------------------------
432,640.22 370,850.00 59,669.63 430,519.63 82,500.50 348,019.13
====================================================================================================
**CHARGE OFF
Net Current
Account Customer Unrecov. FHA Insurance Pass Thru Period Net Cumulative
Number Name Advances Coverage Proceeds Gain/(Loss) Gain/(Loss)
- ---------------------------------- ------------------------------------------------------------------------------
0075614 DAVID W BARDEN 1,261.12 0.00 78.88 (4,300.32)
0086660 WILLIAMS JR MICHAEL 1,630.17 0.00 (1,790.17) (7,996.62)
0130542 LILLIAN V ASH 1,957.63 0.00 5,247.37 (3,951.70)
2265395 BOBBY SHORT 2,558.84 0.00 21,039.16 (10,888.02)
2278935 JASON JACOBS 2,903.41 0.00 23,684.83 (12,375.65)
2282994 SONNY P FANNON 2,262.71 0.00 15,809.29 (8,714.85)
2292266 REGINA ENGLISH 1,934.46 0.00 17,732.08 (9,585.61)
2301505 SHERRI HARDY 2,063.26 0.00 17,415.82 (7,559.86)
2317048 PEGGY A CRAVENS 1,850.98 0.00 30,828.79 (1,639.21)
2214229 RONNIE FOX 2,839.88 0.00 32,354.50 (9,792.66)
2219202 JAMES E SCROGGINS 2,732.35 0.00 23,448.28 (12,454.93)
2279578 DIANNA L HARTMAN 2,261.75 0.00 18,111.96 (6,208.49)
2292563 KITTY LIVINGSTON 2,418.18 0.00 23,054.69 (7,103.76)
2302602 KATHRINE EIDSON 2,331.78 0.00 37,567.13 (6,293.51)
**2263440 ROGER CONWAY 691.33 0.00 (691.33) (7,695.97)
**2320786 SHARLEAN WARD 1,087.81 0.00 51,342.19 (845.59)
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
-------------------------------------------------------------
32,785.66 0.00 315,233.47 (117,406.75) (232,152.57)
=============================================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Mar-01
CERTIFICATE PRINCIPAL ANALYSIS
PRINCIPAL
Beginning Beginning
Senior Original Certificate Certificate Principal Shortfal
Certificates Balance Balance Carry-Over
- -------------------------------------------------------------------------------
A-1 189,284,000.00 164,084,568.23 0.00
----------------------------------------------------------
Total Certificate
Principal Bal. 189,284,000.00 164,084,568.23 0.00
==========================================================
Ending Principal
Senior Current Principal Current Shortfall Carry-
Certificates Due Principal Paid Over
- -----------------------------------------------------------------------------
A-1 2,398,207.14 2,398,207.14 0.00
--------------------------------------------------------------
Total Certificate
Principal Bal. 2,398,207.14 2,398,207.14 0.00
==============================================================
Accelerated
Principal Ending Principal Paid
Senior Distribution Certificate Per $1,000
Certificates Amount Balance Pool Factor Denomination
- -------------------------------------------------------------------------------
A-1 542,335.07 161,144,026.02 85.13346% 15.53508
------------------------------
Total Certificate
Principal Bal. 542,335.07 161,144,026.02
==============================
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 11,197,283.16
------------------------------------------------------------------------------------
Total Excluding Writedown Balances 77,313,938.14 80,513,283.16 0.00 0.00
====================================================================================
All Certificates Excluding Writedown Balances 266,597,938.14 244,597,851.39 0.00 2,398,207.14
====================================================================================
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 (542,335.07)
--------------------------------------------------------------------------------------
Total Excluding Writedown Balances 0.00 0.00 0.00 (542,335.07)
======================================================================================
All Certificates Excluding Writedown Balances 2,398,207.14 0.00 0.00 0.00
======================================================================================
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 11,739,618.23
--------------------------
Total Excluding Writedown Balances 81,055,618.23
==========================
All Certificates Excluding Writedown Balances 242,199,644.25
==========================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MO. MONTH Mar-01
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 1,055,610.72 0.00 1,055,610.72
--------------------------------------------------------------------------------
Total 0.00 1,055,610.72 0.00 1,055,610.72
================================================================================
Interest
Ending Paid Per
Senior Carry-Over 1000 Total Class
Certificates Balance Denomination Distribution
--------------------------------------------------------
A-1 0.00 5.57686 3,996,152.93
----- --------------------
Total 0.00 3,996,152.93
===== ====================
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 3,314,211.32 659,741.82 0.00 0.00
R 0.00 0.00 0.00 0.00
Service Fee 1.0000% 0.00 203,831.54 0.00 203,831.54
Current Trustee Fees 4,500.00
-------------------------------------------------------------------------------------
Total 3,314,211.32 1,393,885.19 0.00 738,643.37
=====================================================================================
All Certificates 3,314,211.32 2,449,495.91 0.00 1,794,254.09
=====================================================================================
Ending Beginning Current Ending
Carry-Over Carry-Over Current Carry-Over Carry-Over
Subordinate Priority Interest Writedown Writedown Writedown Writedown Writedown
Certificates Balance Int. Balance Int. Accrued Int. Accrued Interest Paid Int. Balance
--------------------------------------------------------------------------------------------------------------
M-1 0.00 0.00 0.00 0.00 0.00 0.00
M-2 0.00 0.00 0.00 0.00 0.00 0.00
B-1 0.00 0.00 0.00 0.00 0.00 0.00
B-2 0.00 0.00 0.00 0.00 0.00 0.00
X 3,973,953.14
R 0.00
Service Fee 0.00
Current Trustee Fees
----------------------------------------------------------------------------------------------------
Total 3,973,953.14 0.00 0.00 0.00 0.00 0.00
====================================================================================================
All Certificates 3,973,953.14 0.00 0.00 0.00 0.00 0.00
====================================================================================================
Interest
Paid Per
Subordinate 1000 Total Class
Certificates Denomination Distribution
----------------------------------------
M-1 7.07500 188,619.50
M-2 7.41667 108,750.58
B-1 7.85000 104,640.50
B-2 8.75000 128,301.25
X 0.00
R 0.00
Service Fee 203,831.54
Current Trustee Fees 4,500.00
--------------------
Total 738,643.37
====================
All Certificates 4,734,796.30
====================
Cumulative X Interest Shortfall 3,973,953.14
Cumulative Accelerated Prin. Disb. (3,741,800.57)
--------------------
Cumulative Losses 232,152.57
====================