OAKWOOD MORTGAGE INVESTORS, INC. 2000-C REPORT DATE: 6/7/01
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 9
REMITTANCE REPORT Page 1 of 6
REPORTING MONTH: May-01
Scheduled Principal Balance of Contracts
- ------------------------------------------------------------------------------------------------
Beginning Ending Scheduled
Principal Scheduled Prepaid Liquidated Pre-Funding Principal Gross Servicing
Balance Principal Principal Principal Balance Interest Fee
- ------------------------------------------------------------------------------------------------------------------------------------
239,637,542.71 (466,953.60) (1,077,356.77) (295,082.23) 0.00 237,798,150.11 2,402,164.49 199,697.95
====================================================================================================================================
Scheduled Amount
Pass Thru Liquidation Available for Total
Interest Proceeds Distribution Distribution
- --------------------------------------------------------------------------------------------------------------------------
2,202,466.54 172,141.99 0.00 4,118,616.85 0.00 4,118,616.85
==========================================================================================================================
Certificate Account
- ---------------------------------------------------------------------------------------------------
Beginning Deposits Investment Ending
Balance Principal Interest Distributions Interest Balance
- ---------------------------------------------------------------------------------------------------
1,248,027.34 1,814,888.25 2,168,591.34 (4,994,957.06) 2,658.71 239,208.58
===================================================================================================
P&I Advances at Distribution Date
- ----------------------------------------------------------------------------------
Beginning Recovered Current Ending
Balance Advances Advances Balance
- ----------------------------------------------------------------------------------
2,330,128.80 -2,330,128.80 2,547,017.66 2,547,017.66
==================================================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C REPORT DATE: 6/7/01
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 9
REMITTANCE REPORT Page 2 of 6
REPORTING MONTH: May-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 239,637,542.71
--------------------
32.263% N
====================
Average 60 day delinquency ratio:
Over 60s Pool Balance %
------------------------------------------------------------
Current Mo 12,674,192.72 237,798,150.11 5.33%
1st Preceding Mo 10,642,336.78 239,637,542.71 4.44%
2nd Preceding Mo 8,674,616.76 242,199,644.25 3.58%
Divided by 3
------------------
4.45%
==================
Cumulative loss ratio:
Cumulative losses 602,654.40
-----------------------
Divided by Initial Certificate Principal 266,597,938.14 0.226%
==================
Current realized loss ratio:
Liquidation Pool
Losses Balance
------------------------------------------
Current Mo 122,940.24 239,637,542.71
1st Preceding Mo 247,561.59 242,199,644.25
2nd Preceding Mo 117,406.75 244,597,851.39
------------------------------------------
487,908.58 242,145,012.78
0.806%
==================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C REPORT DATE: 6/7/01
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 9
REMITTANCE REPORT Page 3 of 6
REPORTING MONTH: May-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 6,612 233,199,891.09 221 7,096,732.58 89 3,036,046.18 139 5,153,767.50 449 15,286,546.26
Repos 127 4,598,259.02 3 113,879.98 5 141,911.44 119 4,342,467.60 127 4,598,259.02
-----------------------------------------------------------------------------------------------------------------
Total 6,739 237,798,150.11 224 7,210,612.56 94 3,177,957.62 258 9,496,235.10 576 19,884,805.28
=================================================================================================================
8.5% 8.36%
==========================
Repossession Analysis
Active Repos Reversal Current Month
Outstanding (Redemption) Repos Cumulative Repos
Principal Principal Principal Principal
# Balance # Balance # Balance # Balance
-----------------------------------------------------------------------------------------------------------
Excluding Repos 127 4,598,259.02 -3 ( 125,435.06) 32 1,013,441.21 187 6,221,864.60
Repos
Total
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C REPORT DATE: 6/7/01
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 9
REMITTANCE REPORT
REPORTING MONTH: May-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
- ----------------------------------------------------------------------------------------------------------------------------------
0106427 JOSEPH MANIS 10,223.91 200.00 0.00 200.00 950.00 (750.00)
2268522 HARLAN B MILTON 30,388.98 32,600.00 0.00 32,600.00 6,548.00 26,052.00
2274538 LEE A FOURTH 21,348.43 21,900.00 1,327.33 23,227.33 6,227.00 17,000.33
2277689 WILLIAM K STANLEY 26,141.16 23,500.00 0.00 23,500.00 6,275.00 17,225.00
2283091 BENNIE DOUGLAS 27,993.09 28,900.00 1,085.53 29,985.53 5,570.00 24,415.53
2301059 MICHAEL PARTIN 22,747.45 22,500.00 0.00 22,500.00 6,245.00 16,255.00
2303824 BLONDELL PINCKNEY 52,526.51 49,400.00 505.90 49,905.90 9,460.00 40,445.90
2322808 ALLAN MAGUIRE 59,885.15 32,000.00 2,527.03 34,527.03 1,940.00 32,587.03
2279594 BRENDA L WARREN 43,827.55 32,000.00 869.66 32,869.66 5,570.00 27,299.66
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
-------------------------------------------------------------------------------------------------
295,082.23 243,000.00 6,315.45 249,315.45 48,785.00 200,530.45
=================================================================================================
Net Current
Unrecov. FHA Insurance Pass Thru Period Net Cumulative
Advances Coverage Proceeds Gain/(Loss) Gain/(Loss)
- -------------------------------------------------------------------------------------------
2,695.55 0.00 (3,445.55) (13,669.46)
3,783.36 0.00 22,268.64 (8,120.34)
2,731.13 0.00 14,269.20 (7,079.23)
2,913.16 0.00 14,311.84 (11,829.32)
2,820.15 0.00 21,595.38 (6,397.71)
2,356.14 0.00 13,898.86 (8,848.59)
3,387.70 0.00 37,058.20 (15,468.31)
3,131.15 0.00 29,455.88 (30,429.27)
4,570.12 0.00 22,729.54 (21,098.01)
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
- ------------------------------------------------------------------------
28,388.46 0.00 172,141.99 (122,940.24) (602,654.40)
===========================================================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C REPORT DATE: 6/7/01
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 9
REMITTANCE REPORT
REPORTING MONTH: May-01 Page 5 of 6
CERTIFICATE PRINCIPAL ANALYSIS
PRINCIPAL
Beginning Beginning
Senior Original Certificate Certificate Principal Shortfall Current Principal Current
Certificates Balance Balance Carry-Over Due Principal Paid
- -----------------------------------------------------------------------------------------------------------------------------------
A-1 189,284,000.00 158,173,254.33 0.00 1,839,392.60 1,839,392.60
---------------------------------------------------------------------------------------------------
Total Certificate Principal Bal. 189,284,000.00 158,173,254.33 0.00 1,839,392.60 1,839,392.60
===================================================================================================
Accelerated
Ending Principal Principal Ending Principal Paid
Shortfall Carry- Distribution Certificate Per $1,000
Over Amount Balance Pool Factor Denomination
- ------------------------- --------------------------------------------------
0.00 527,133.20 155,806,728.53 82.31373% 12.50251
- ------------------------- --------------------------------------------------
0.00 527,133.20 155,806,728.53
========================= ==================================================
Original Beginning Beginning Current
Subordinate Certificate Certificate Principal Shortfall Principal Current
Certificates Balance Balance Carry-Over Due Principal Paid
--------------------------------------------------------------------------------------
M-1 26,660,000.00 26,660,000.00 0.00 0.00 0.00
M-1 Outstanding Writedown 0.00
M-2 14,663,000.00 14,663,000.00 0.00 0.00 0.00
M-2 Outstanding Writedown 0.00
B-1 13,330,000.00 13,330,000.00 0.00 0.00 0.00
B-1 Outstanding Writedown 0.00
B-2 14,663,000.00 14,663,000.00 0.00 0.00 0.00
B-2 Outstanding Writedown 0.00
Excess Asset Principal Balance 7,997,938.14 12,148,288.38
--------------------------------------------------------------------------------------
Total Excluding Writedown Balances 77,313,938.14 81,464,288.38 0.00 0.00 0.00
======================================================================================
All Certificates Excluding Writedown
Balances 266,597,938.14 239,637,542.71 0.00 1,839,392.60 1,839,392.60
======================================================================================
Accelerated
Ending Principal Current Principal Ending
Subordinate Shortfall Carry- Writedown/ Distribution Certificate
Certificates Over (Writeup) Amount Balance
-----------------------------------------------------------------------------
M-1 0.00 0.00 26,660,000.00
M-1 Outstanding Writedown 0.00 0.00
M-2 0.00 0.00 14,663,000.00
M-2 Outstanding Writedown 0.00 0.00
B-1 0.00 0.00 13,330,000.00
B-1 Outstanding Writedown 0.00 0.00
B-2 0.00 0.00 14,663,000.00
B-2 Outstanding Writedown 0.00 0.00
Excess Asset Principal Balance (527,133.20) 12,675,421.58
-----------------------------------------------------------------------------
Total Excluding Writedown Balances 0.00 0.00 (527,133.20) 81,991,421.58
=============================================================================
All Certificates Excluding Writedown Balances 0.00 0.00 0.00 237,798,150.11
=============================================================================
Principal Paid
Per $1,000
Pool Factor Denomination
100.00000% 0.00000
100.00000% 0.00000
100.00000% 0.00000
100.00000% 0.00000
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C REPORT DATE: 6/7/01
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 9
REMITTANCE REPORT
REPORTING MO. MONTH May-01 Page 6 of 6
CERTIFICATE INTEREST ANALYSIS
Current
Pass Beginning Carry- Carry-Over Ending
Senior Through Over Priority Current Priority Priority Interest Carry-Over
Certificates Rate Interest Balance Interest Accrual Accrual Paid Balance
--------------------------------------------------------------------------------------------------------
A-1 7.7200% 0.00 1,017,581.27 0.00 1,017,581.27 0.00
------------------------------------------------------------------------------------------------
Total 0.00 1,017,581.27 0.00 1,017,581.27 0.00
================================================================================================
Interest
Paid Per
Senior 1000 Total Class
Certificates Denomination Distribution
------------------------------------------
A-1 5.37595 3,384,107.07
----------------------
Total 3,384,107.07
======================
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 4,630,184.88 650,073.44 0.00 0.00 5,280,258.32
R 0.00 0.00 0.00 0.00 0.00
Service Fee 1.0000% 0.00 199,697.95 0.00 199,697.95 0.00
Current Trustee Fees 4,500.00
----------------------------------------------------------------------------------------------------
Total 4,630,184.88 1,380,083.22 0.00 734,509.78 5,280,258.32
====================================================================================================
All Certificates 4,630,184.88 2,397,664.49 0.00 1,752,091.05 5,280,258.32
====================================================================================================
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 199,697.95
Current Trustee Fees 4,500.00
---------------------------------------------------------------------- --------------------
Total 0.00 0.00 0.00 0.00 0.00 734,509.78
====================================================================== ====================
All Certificates 0.00 0.00 0.00 0.00 0.00 4,118,616.85
====================================================================== ====================
Cumulative X Interest Shortfall 5,280,258.32
Cumulative Accelerated Prin. Disb. (4,677,603.92)
--------------------
Cumulative Losses 602,654.40
====================