EXHIBIT 20.1
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Jun-01
Scheduled Principal Balance of Contracts
- ---------------------------------------------------------------------------------------------------------------------------------
Beginning Ending
Principal Scheduled Prepaid Liquidated Pre-Funding Principal
Balance Principal Principal Principal Balance
- ---------------------------------------------------------------------------------------------------------------------------------
237,798,150.11 (466,368.60) (923,634.23) (429,370.14) 0.00 235,978,777.14
=================================================================================================================================
Scheduled Scheduled Amount
Gross Servicing Pass Thru Liquidation Available for Total
Interest Fee Interest Proceeds Distribution Distribution
- -----------------------------------------------------------------------------------------------------------------------------------
2,383,566.19 198,165.13 2,185,401.06 274,997.22 0.00 4,048,566.24 0.00 4,048,566.24
===================================================================================================================================
Certificate Account
- ------------------------------------------------------------------------------------------------------------------------------
Beginning Deposits Investment Ending
Balance Principal Interest Distributions Interest Balance
- ------------------------------------------------------------------------------------------------------------------------------
239,208.58 1,803,176.73 2,201,830.49 (4,244,215.80) 922.07 922.07
==============================================================================================================================
P&I Advances at Distribution Date
------------------------------------------------------------------------------
Beginning Recovered Current Ending
Balance Advances Advances Balance
------------------------------------------------------------------------------
2,547,017.66 -2,547,017.66 2,612,407.96 2,612,407.96
==============================================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: June-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 237,798,150.11
--------------------
32.512% N
====================
Average 60 day delinquency ratio:
Over 60s Pool Balance %
------------------------------------------------------------
Current Mo 15,761,740.46 235,978,777.14 6.68%
1st Preceding Mo 12,674,192.72 237,798,150.11 5.33%
2nd Preceding Mo 10,642,336.78 239,637,542.71 4.44%
Divided by 3
------------------
5.48%
==================
Cumulative loss ratio:
Cumulative losses 757,027.32
-------------------
Divided by Initial Certificate Principal 266,597,938.14 0.284%
==================
Current realized loss ratio:
Liquidation Pool
Losses Balance
------------------------------------------
Current Mo 154,372.92 237,798,150.11
1st Preceding Mo 122,940.24 239,637,542.71
2nd Preceding Mo 247,561.59 242,199,644.25
------------------------------------------
524,874.75 239,878,445.69
0.875%
==================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Jun-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 6,538 230,515,761.03 271 8,830,669.34 112 4,115,746.22 166 6,273,088.10
Repos 147 5,463,016.11 2 90,109.97 6 213,494.63 139 5,159,411.51
--------------------------------------------------------------------------------------------------------------------
Total 6,685 235,978,777.14 273 8,920,779.31 118 4,329,240.85 305 11,432,499.61
====================================================================================================================
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 549 19,219,503.66 147 5,463,016.11 -1 (37,881.28) 36 1,338,180.32 222 7,522,163.64
Repos 147 5,463,016.11
------------------------
Total 696 24,682,519.77
========================
10.4% 10.46%
========================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Jun-01
REPOSSESSION LIQUIDATION REPORT
Liquidated
Account Customer Principal Sales Insur. Total Repossession
Number Name Balance Proceeds Refunds Proceeds Expenses
- ------------------------------------------------------------------------------------------------------------------------------------
0060541 SAMMIE L PICKENS 2,811.49 1,000.00 0.00 1,000.00 1,350.00
0291666 STEVE B BETOURNEY 3,450.14 500.00 0.00 500.00 1,350.00
2278083 JASON ETLER 54,852.58 54,000.00 302.10 54,302.10 10,970.00
2276855 CURTIS WASHINGTON 28,688.93 27,900.00 0.00 27,900.00 6,517.00
2279883 MARY RANGEL 26,371.05 27,000.00 0.00 27,000.00 6,490.00
2281939 CAROL A MITCHELL 42,437.69 44,650.00 0.00 44,650.00 10,689.50
2286383 GREGORY A LESTER 42,103.61 37,250.00 0.00 37,250.00 10,467.50
2286391 DORIS F RICH 18,470.05 20,965.00 1,616.28 22,581.28 5,680.00
2287621 CINDY M MARTIN 26,670.19 27,625.00 0.00 27,625.00 5,680.00
2302214 ROGER D FIKE 29,557.59 28,400.00 412.03 28,812.03 6,532.00
2308286 CHIRISTINE A HUBERT 25,984.91 28,707.55 224.53 28,932.08 6,541.23
2312759 GLEN E DORTCH 36,444.77 37,900.00 621.60 38,521.60 6,817.00
2325066 CLIFTON M HEATON 25,201.13 25,900.00 290.06 26,190.06 6,457.00
2330082 DAVID M BIESANZ 29,404.60 24,400.00 703.28 25,103.28 6,412.00
2264208 DEVENAE BRAVE 36,921.41 39,500.00 0.00 39,500.00 5,680.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-----------------------------------------------------------------------------------
429,370.14 425,697.55 4,169.88 429,867.43 97,633.23
===================================================================================
Net Net Current
Account Customer Liquidation Unrecov. FHA Insurance Pass Thru Period Net Cumulative
Number Name Proceeds Advances Coverage Proceeds Gain/(Loss) Gain/(Loss)
- ------------------------------------------------------------------------------------------------------------------------------------
0060541 SAMMIE L PICKENS (350.00) 4,065.15 0.00 (4,415.15) (7,226.64)
0291666 STEVE B BETOURNEY (850.00) 958.80 0.00 (1,808.80) (5,258.94)
2278083 JASON ETLER 43,332.10 5,091.64 0.00 38,240.46 (16,612.12)
2276855 CURTIS WASHINGTON 21,383.00 3,831.51 0.00 17,551.49 (11,137.44)
2279883 MARY RANGEL 20,510.00 3,345.29 0.00 17,164.71 (9,206.34)
2281939 CAROL A MITCHELL 33,960.50 5,623.60 0.00 28,336.90 (14,100.79)
2286383 GREGORY A LESTER 26,782.50 4,652.35 0.00 22,130.15 (19,973.46)
2286391 DORIS F RICH 16,901.28 3,870.91 0.00 13,030.37 (5,439.68)
2287621 CINDY M MARTIN 21,945.00 3,572.35 0.00 18,372.65 (8,297.54)
2302214 ROGER D FIKE 22,280.03 3,752.26 0.00 18,527.77 (11,029.82)
2308286 CHIRISTINE A HUBERT 22,390.85 2,560.59 0.00 19,830.26 (6,154.65)
2312759 GLEN E DORTCH 31,704.60 4,255.42 0.00 27,449.18 (8,995.59)
2325066 CLIFTON M HEATON 19,733.06 3,619.97 0.00 16,113.09 (9,088.04)
2330082 DAVID M BIESANZ 18,691.28 3,614.48 0.00 15,076.80 (14,327.80)
2264208 DEVENAE BRAVE 33,820.00 4,422.66 0.00 29,397.34 (7,524.07)
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
----------------------------------------------------------------------
332,234.20 57,236.98 0.00 274,997.22 (154,372.92) (757,027.32)
======================================================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Jun-01
CERTIFICATE PRINCIPAL ANALYSIS
PRINCIPAL
Beginning Beginning Ending Principal
Senior Original Certificate Certificate Principal Shortfall Current Principal Current Shortfall Carry-
Certificates Balance Balance Carry-Over Due Principal Paid Over
- ------------------------------------------------------------------------------------------------------------------------------------
A-1 189,284,000.00 155,806,728.53 0.00 1,819,372.97 1,819,372.97 0.00
----------------------------------------------------------------------------------------------------------------
Total Certificate
Principal Bal. 189,284,000.00 155,806,728.53 0.00 1,819,372.97 1,819,372.97 0.00
================================================================================================================
Accelerated
Principal Ending Principal Paid
Senior Distribution Certificate Per $1,000
Certificates Amount Balance Pool Factor Denomination
- ------------------- ---------------------------------------------
A-1 493,859.69 153,493,495.87 81.09164% 12.22096
---------------------------------------------
Total Certificate
Principal Bal. 493,859.69 153,493,495.87
=============================================
Beginning Beginning Current Ending Principal
Subordinate Original Certificate Certificate Principal Shortfall Principal Current Shortfall Carry-
Certificates Balance Balance Carry-Over Due Principal Paid Over
------------------------------------------------------------------------------------------------------------
M-1 26,660,000.00 26,660,000.00 0.00 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 0.00
M-2 Outstanding
Writedown 0.00
B-1 13,330,000.00 13,330,000.00 0.00 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 0.00
B-2 Outstanding
Writedown 0.00
Excess Asset
Principal
Balance 7,997,938.14 12,675,421.58
----------------------------------------------------------------------------------------------------------
Total Excluding
Writedown
Balances 77,313,938.14 81,991,421.58 0.00 0.00 0.00 0.00
==========================================================================================================
All Certificates
Excluding
Writedown
Balances 266,597,938.14 237,798,150.11 0.00 1,819,372.97 1,819,372.97 0.00
==========================================================================================================
Accelerated
Current Principal Ending Principal Paid
Subordinate Writedown/ Distribution Certificate Per $1,000
Certificates (Writeup) Amount Balance Pool Factor Denomination
----------------------------------------------------------------
M-1 0.00 26,660,000.00 100.00000% 0.00000
M-1 Outstanding
Writedown 0.00 0.00
M-2 0.00 14,663,000.00 100.00000% 0.00000
M-2 Outstanding
Writedown 0.00 0.00
B-1 0.00 13,330,000.00 100.00000% 0.00000
B-1 Outstanding
Writedown 0.00 0.00
B-2 0.00 14,663,000.00 100.00000% 0.00000
B-2 Outstanding
Writedown 0.00 0.00
Excess Asset
Principal
Balance (493,859.69) 13,169,281.27
--------------------------------------------------------------
Total Excluding
Writedown
Balances 0.00 (493,859.69) 82,485,281.27
==============================================================
All Certificates
Excluding
Writedown
Balances 0.00 0.00 235,978,777.14
==============================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MO. MONTH Jun-01
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 1,002,356.62 0.00 1,002,356.62 0.00
--------------------------------------------------------------------------------------------------------
Total 0.00 1,002,356.62 0.00 1,002,356.62 0.00
========================================================================================================
Interest
Paid Per
Senior 1000 Total Class
Certificates Denomination Distribution
----------------------------------------
A-1 5.29552 3,315,589.28
----------------------
Total 3,315,589.28
======================
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 5,280,258.32 648,232.61 0.00 0.00 5,928,490.93
R 0.00 0.00 0.00 0.00 0.00
Service Fee 1.0000% 0.00 198,165.13 0.00 198,165.13 0.00
Current Trustee
Fees 4,500.00
--------------------------------------------------------------------------------------------------------
Total 5,280,258.32 1,376,709.57 0.00 732,976.96 5,928,490.93
========================================================================================================
All Certificates 5,280,258.32 2,379,066.19 0.00 1,735,333.58 5,928,490.93
========================================================================================================
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 198,165.13
Current Trustee
Fees 4,500.00
----------------------------------------------------------------------------- --------------------
Total 0.00 0.00 0.00 0.00 0.00 732,976.96
============================================================================= ====================
All Certificates 0.00 0.00 0.00 0.00 0.00 4,048,566.24
=================================================================================== ====================
Cumulative X Interest Shortfall 5,928,490.93
Cumulative Accelerated Prin. Disb. (5,171,463.61)
--------------------
Cumulative Losses 757,027.32
====================