Exhibit 20.1
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C REPORT DATE: 5/7/01
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 8
REMITTANCE REPORT Page 1 of 6
REPORTING MONTH: Apr-01
Scheduled Principal Balance of Contracts
- -----------------------------------------------------------------------------------------------------------------------------------
Beginning Ending Scheduled
Principal Scheduled Prepaid Liquidated Pre-Funding Principal Gross
Balance Principal Principal Principal Balance Interest
- -----------------------------------------------------------------------------------------------------------------------------------
242,199,644.25 (468,410.73) (1,475,822.73) (617,868.08) 0.00 239,637,542.71 2,429,569.84
===================================================================================================================================
Scheduled Amount
Servicing Pass Thru Liquidation Available for Total
Fee Interest Proceeds Distribution Distribution
- -----------------------------------------------------------------------------------------------------------------------------------
201,833.04 2,227,736.80 370,306.49 0.00 4,744,109.79 0.00 4,744,109.79
===================================================================================================================================
Certificate Account
- -----------------------------------------------------------------------------------------------------------------------------------
Beginning Deposits Investment Ending
Balance Principal Interest Distributions Interest Balance
- -----------------------------------------------------------------------------------------------------------------------------------
1,339,464.27 2,536,557.69 2,224,070.07 (4,855,350.37) 3,285.68 1,248,027.34
===================================================================================================================================
P&I Advances at Distribution Date
- ---------------------------------------------------------------------------------
Beginning Recovered Current Ending
Balance Advances Advances Balance
- ---------------------------------------------------------------------------------
1,480,081.85 -1,480,081.85 2,330,128.80 2,330,128.80
=================================================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C REPORT DATE: 5/7/01
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 8
REMITTANCE REPOR Page 2 of 6
REPORTING MONTH: April-01
Class B Crossover Test
- -------------------------------------------------------------------------------
(a) Remittance date on or after April 2005
(b) Average 60 day Delinquency rate <= 5.5%
(d) Cumulative losses do not exceed the following
percent of the intitial principal balance of all Certificates
Apr. 2005 - Sept. 2006 7%
Oct. 2006 - Sept. 2007 8%
Oct. 2007 - Mar. 2009 9.5%
April 2009 and After 10.5%
(e) Current realized loss ratio <= 3.00%
(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 242,199,644.25
--------------------
31.922%
====================
Test Met? Average 60 day delinquency ratio:
- ---------------
N Over 60s Pool Balance %
------------------------------------------------------------
Y Current Mo 10,642,336.78 239,637,542.71 4.44%
1st Preceding Mo 8,674,616.76 242,199,644.25 3.58%
2nd Preceding Mo 7,187,777.09 244,597,851.39 2.94%
Divided by 3
------------------
3.65%
==================
N
N
N
N
Y
Cumulative loss ratio:
Cumulative losses 479,714.16
-----------------------
Divided by Initial Certificate Principal 266,597,938.14 0.180%
==================
Current realized loss ratio:
N Liquidation Pool
Losses Balance
------------------------------------------
Current Mo 247,561.59 242,199,644.25
1st Preceding Mo 117,406.75 244,597,851.39
2nd Preceding Mo 41,581.64 246,491,852.27
------------------------------------------
406,549.98 244,429,782.64
0.665%
==================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C REPORT DATE: 5/7/01
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 8
REMITTANCE REPORT Page 3 of 6
REPORTING MONTH: Apr-01
Delinquency Analysis
31 to 59 days 60 to 89 days 90 days and Over Total Delinq.
No. of Principal Principal Principal Principal Principal
Loans Balance # Balance # Balance # Balance # Balance
------------------------------------------------------------------------------------------------------------------
Excluding Repos 6,679 235,629,310.44 209 6,521,861.28 89 2,854,917.25 98 3,915,656.22 396 13,292,434.75
Repos 107 4,008,232.27 0 0.00 10 344,475.41 94 3,527,287.90 104 3,871,763.31
==================================================================================================================
Total 6,786 239,637,542.71 209 6,521,861.28 99 3,199,392.66 192 7,442,944.12 500 17,164,198.06
==================================================================================================================
7.4% 7.16%
======================
Repossession Analysis
Active Repos Reversal Current Month
Outstanding (Redemption) Repos Cumulative Repos
Principal Principal Principal Principal
# Balance # Balance # Balance # Balance
-------------------------------------------------------------------------------------------------------------------
Excluding Repos 107 4,008,232.27 -1 (25,975.41) 21 815,837.94 158 5,333,858.45
Repos
Total
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C REPORT DATE: 5/7/01
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 8
REMITTANCE REPORT
REPORTING MONTH: Apr-01 Page 4 of 6
REPOSSESSION LIQUIDATION REPORT
Liquidated Net
Account Customer Principal Sales Insur. Total Repossession Liquidation
Number Name Balance Proceeds Refunds Proceeds Expenses Proceeds
- -----------------------------------------------------------------------------------------------------------------------------------
0088203 JERRY L WHITE 7,683.06 4,000.00 0.00 4,000.00 660.00 3,340.00
0180794 PATRICIA A PEOPLES 7,964.89 2,000.00 0.00 2,000.00 660.00 1,340.00
0192518 JAMES TAYLOR 8,300.89 0.01 0.00 0.01 0.00 0.01
0202036 ALBERT J SMITH 11,518.34 1,000.00 0.00 1,000.00 660.00 340.00
0202333 BRIAN MULLIS 12,476.09 17,900.00 0.00 17,900.00 5,710.00 12,190.00
0267062 BOUNTHOM SOUNDARA 7,268.67 1,500.00 0.00 1,500.00 660.00 840.00
0285759 WILLIAM A UMPHLETT 12,483.47 1,000.00 0.00 1,000.00 660.00 340.00
0299834 TIMOTHY M DAVIS 12,558.15 16,749.00 0.00 16,749.00 5,710.00 11,039.00
2262954 BRAD A CLARK 35,385.88 36,900.00 0.00 36,900.00 6,817.00 30,083.00
2264331 JAIME E ARVIZU 63,720.54 58,750.00 1,426.75 60,176.75 11,242.50 48,934.25
2269611 MORRIS FRADY 31,282.78 31,900.00 1,209.73 33,109.73 6,667.00 26,442.73
2278307 CHARLES T VAWTER III 32,860.21 31,400.00 433.68 31,833.68 6,652.00 25,181.68
2287829 MATTHEW R BAKER 32,519.75 33,900.00 0.00 33,900.00 6,727.00 27,173.00
2292761 SARAH D BOGUE 30,477.14 31,400.00 346.23 31,746.23 6,652.00 25,094.23
2292894 ADRIAN J DAVIS 21,877.94 25,400.00 1,551.86 26,951.86 6,472.00 20,479.86
2302529 ROBERT A DERBY 32,846.46 33,300.00 2,011.82 35,311.82 6,709.00 28,602.82
2304640 JAMIE M GRAY 22,722.21 20,765.00 1,302.58 22,067.58 6,332.95 15,734.63
2310464 KIMBERLY MITCHELL 27,610.21 26,900.00 0.00 26,900.00 6,517.00 20,383.00
2329548 LARAMIE R 7ARL 57,394.95 48,700.00 416.65 49,116.65 10,941.00 38,175.65
2207421 SHERRY POOLE 36,762.25 33,400.00 475.04 33,875.04 6,712.00 27,163.04
2214583 CHRISTOPHER M HAYNIE 51,162.62 25,049.50 2,708.82 27,758.32 1,950.00 25,808.32
2232023 TERRI R LOWRIMORE 32,790.86 32,900.00 1,388.57 34,288.57 6,697.00 27,591.57
2292985 ROBERT C NICHOLS 28,200.72 32,500.00 300.78 32,800.78 6,685.00 26,115.78
0.00 0.00
----------------------------------------------------------------------------------------------
617,868.08 547,313.51 13,572.51 560,886.02 118,493.45 442,392.57
==============================================================================================
Net Current
Account Customer Unrecov. FHA Insurance Pass Thru Period Net Cumulative
Number Name Advances Coverage Proceeds Gain/(Loss) Gain/(Loss)
- -----------------------------------------------------------------------------------------------------------------------------------
0088203 JERRY L WHITE 1,945.94 0.00 1,394.06 (6,289.00)
0180794 PATRICIA A PEOPLES 1,548.61 0.00 (208.61) (8,173.50)
0192518 JAMES TAYLOR 7,442.34 0.00 (7,442.33) (15,743.22)
0202036 ALBERT J SMITH 2,007.49 0.00 (1,667.49) (13,185.83)
0202333 BRIAN MULLIS 2,752.96 0.00 9,437.04 (3,039.05)
0267062 BOUNTHOM SOUNDARA 1,332.60 0.00 (492.60) (7,761.27)
0285759 WILLIAM A UMPHLETT 2,019.42 0.00 (1,679.42) (14,162.89)
0299834 TIMOTHY M DAVIS 2,394.47 0.00 8,644.53 (3,913.62)
2262954 BRAD A CLARK 4,272.58 0.00 25,810.42 (9,575.46)
2264331 JAIME E ARVIZU 5,934.03 0.00 43,000.22 (20,720.32)
2269611 MORRIS FRADY 2,844.11 0.00 23,598.62 (7,684.16)
2278307 CHARLES T VAWTER III 3,703.68 0.00 21,478.00 (11,382.21)
2287829 MATTHEW R BAKER 3,564.92 0.00 23,608.08 (8,911.67)
2292761 SARAH D BOGUE 2,079.50 0.00 23,014.73 (7,462.41)
2292894 ADRIAN J DAVIS 2,651.07 0.00 17,828.79 (4,049.15)
2302529 ROBERT A DERBY 3,700.07 0.00 24,902.75 (7,943.71)
2304640 JAMIE M GRAY 2,797.11 0.00 12,937.52 (9,784.69)
2310464 KIMBERLY MITCHELL 2,342.72 0.00 18,040.28 (9,569.93)
2329548 LARAMIE R 7ARL 3,623.01 0.00 34,552.64 (22,842.31)
2207421 SHERRY POOLE 3,678.56 0.00 23,484.48 (13,277.77)
2214583 CHRISTOPHER M HAYNIE 3,418.57 0.00 22,389.75 (28,772.87)
2232023 TERRI R LOWRIMORE 3,837.20 0.00 23,754.37 (9,036.49)
2292985 ROBERT C NICHOLS 2,195.12 0.00 23,920.66 (4,280.06)
0.00 0.00
----------------------------------------------------------------------
72,086.08 0.00 370,306.49 (247,561.59) (479,714.16)
=========================================================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C REPORT DATE: 5/7/01
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 8
REMITTANCE REPORT
REPORTING MONTH: Apr-01 Page 5 of 6
CERTIFICATE PRINCIPAL ANALYSIS
PRINCIPAL
Beginning Beginning
Senior Original Certificate Certificate Principal Shortfall Current Principal
Certificates Balance Balance Carry-Over Due
- --------------------------------------------------------------------------------------------------------------------------------
A-1 189,284,000.00 161,144,026.02 0.00 2,562,101.54
--------------------------------------------------------------------------------------------
Total Certificate Principal Bal. 189,284,000.00 161,144,026.02 0.00 2,562,101.54
============================================================================================
Accelerated
Ending Principal Principal Ending Principal Paid
Senior Current Shortfall Carry- Distribution Certificate Per $1,000
Certificates Principal Paid Over Amount Balance Pool Factor Denomination
- --------------------------------------------------------------------- ------------------------------
A-1 2,562,101.54 0.00 408,670.15 158,173,254.33 83.56399% 15.69479
------------------------------------ ------------------------------
Total Certificate Principal Bal. 2,562,101.54 0.00 408,670.15 158,173,254.33
==================================== ==============================
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 11,739,618.23
---------------------------------------------------------------------------------
Total Excluding Writedown Balances 77,313,938.14 81,055,618.23 0.00 0.00
=================================================================================
All Certificates Excluding Writedown Balances 266,597,938.14 242,199,644.25 0.00 2,562,101.54
=================================================================================
Accelerated
Ending Principal Current Principal Ending
Subordinate Current Shortfall Carry- Writedown/ Distribution Certificate
Certificates Principal Paid Over (Writeup) Amount Balance
-----------------------------------------------------------------------------------
M-1 0.00 0.00 0.00 26,660,000.00
M-1 Outstanding Writedown 0.00 0.00
M-2 0.00 0.00 0.00 14,663,000.00
M-2 Outstanding Writedown 0.00 0.00
B-1 0.00 0.00 0.00 13,330,000.00
B-1 Outstanding Writedown 0.00 0.00
B-2 0.00 0.00 0.00 14,663,000.00
B-2 Outstanding Writedown 0.00 0.00
Excess Asset Principal Balance (408,670.15) 12,148,288.38
-----------------------------------------------------------------------------------
Total Excluding Writedown Balances 0.00 0.00 0.00 (408,670.15) 81,464,288.38
===================================================================================
All Certificates Excluding Writedown Balances 2,562,101.54 0.00 0.00 0.00 239,637,542.71
===================================================================================
Principal Paid
Subordinate Per $1,000
Certificates Pool Factor Denomination
M-1 100.00000% 0.00000
M-1 Outstanding Writedown
M-2 100.00000% 0.00000
M-2 Outstanding Writedown
B-1 100.00000% 0.00000
B-1 Outstanding Writedown
B-2 100.00000% 0.00000
B-2 Outstanding Writedown
Excess Asset Principal Balance
Total Excluding Writedown Balances
All Certificates Excluding Writedown Balances
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C REPORT DATE: 5/7/01
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 8
REMITTANCE REPORT
REPORTING MO. MONTH Apr-01 Page 6 of 6
CERTIFICATE INTEREST ANALYSIS
Current Interest
Pass Beginning Carry- Carry-Over Ending Paid Per
Senior Through Over Priority Current Priority Priority Interest Carry-Over 1000 Total Class
Certificates Rate Interest Balance Interest Accrual Accrual Paid Balance Denomination Distribution
---------------------------------------------------------------------------------------------------------------------
A-1 7.7200% 0.00 1,036,693.23 0.00 1,036,693.23 0.00 5.47692 4,007,464.92
----------------------------------------------------------------------- --------------
Total 0.00 1,036,693.23 0.00 1,036,693.23 0.00 4,007,464.92
======================================================================= ==============
Current Ending
Pass Beginning Carry- Carry-Over Carry-Over
Subordinate Through Over Priority Current Priority Priority Interest Priority Interest Priority Interest
Certificates Rate Interest Balance Interest Accured Accured Paid Balance
-------------------------------------------------------------------------------------------------------------
M-1 8.4900% 0.00 188,619.50 0.00 188,619.50 0.00
M-2 8.9000% 0.00 108,750.58 0.00 108,750.58 0.00
B-1 9.4200% 0.00 104,640.50 0.00 104,640.50 0.00
B-2 10.5000% 0.00 128,301.25 0.00 128,301.25 0.00
X 3,973,953.14 656,231.74 0.00 0.00 4,630,184.88
R 0.00 0.00 0.00 0.00 0.00
Service Fee 1.0000% 0.00 201,833.04 0.00 201,833.04 0.00
Current Trustee Fees 4,500.00
---------------------------------------------------------------------------------------------------
Total 3,973,953.14 1,388,376.61 0.00 736,644.87 4,630,184.88
===================================================================================================
All Certificates 3,973,953.14 2,425,069.84 0.00 1,773,338.10 4,630,184.88
===================================================================================================
Beginning Current Ending Interest
Carry-Over Current Carry-Over Carry-Over Paid Per
Subordinate Writedown Writedown Writedown Writedown Writedown 1000 Total Class
Certificates Int. Balance Int. Accrued Int. Accrued Interest Paid Int. Balance Denomination Distribution
-------------------------------------------------------------------------------------------------------------
M-1 0.00 0.00 0.00 0.00 0.00 7.07500 188,619.50
M-2 0.00 0.00 0.00 0.00 0.00 7.41667 108,750.58
B-1 0.00 0.00 0.00 0.00 0.00 7.85000 104,640.50
B-2 0.00 0.00 0.00 0.00 0.00 8.75000 128,301.25
X 0.00
R 0.00
Service Fee 201,833.04
Current Trustee Fees 4,500.00
------------------------------------------------------------------------- -----------------
Total 0.00 0.00 0.00 0.00 0.00 736,644.87
========================================================================= =================
All Certificates 0.00 0.00 0.00 0.00 0.00 4,744,109.79
========================================================================= =================
Cumulative X Interest Shortfall 4,630,184.88
Cumulative Accelerated Prin. Disb. (4,150,470.72)
-----------------
Cumulative Losses 479,714.16
=================