Exhibit 20.1
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Jul-01
Scheduled Principal Balance of Contracts
- ------------------------------------------------------------------------------------------------------------------------------------
Beginning Ending
Principal Scheduled Prepaid Liquidated Pre-Funding Principal
Balance Principal Principal Principal Balance
- ------------------------------------------------------------------------------------------------------------------------------------
235,978,777.14 (465,897.58) (1,470,787.74) (519,440.53) 0.00 233,522,651.29
====================================================================================================================================
Scheduled Scheduled Amount
Gross Servicing Pass Thru Liquidation Available for Total
Interest Fee Interest Proceeds Distribution Distribution
- ------------------------------------------------------------------------------------------------------------------------------------
2,364,814.13 196,648.98 2,168,165.15 306,096.19 0.00 4,607,595.64 0.00 4,607,595.64
====================================================================================================================================
Certificate Account
- ------------------------------------------------------------------------------------------------------------------------------------
Beginning Deposits Investment Ending
Balance Principal Interest Distributions Interest Balance
- ------------------------------------------------------------------------------------------------------------------------------------
922.07 2,440,556.87 2,120,027.96 (4,203,861.23) 727.69 358,373.36
====================================================================================================================================
P&I Advances at Distribution Date
---------------------------------------------------------------------------------
Beginning Recovered Current Ending
Balance Advances Advances Balance
---------------------------------------------------------------------------------
2,612,407.96 -2,612,407.96 2,948,914.46 2,948,914.46
=================================================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: July-01
Class B Crossover Test Test Met? Average 60 day delinquency ratio:
- ------------------------------------------------ --------
(a) Remittance date on or after April 2005 N Over 60s Pool Balance %
------------------------------------------
(b) Average 60 day Delinquency rate * 5.5% N Current Mo 19,548,841.29 233,522,651.29 8.37%
1st Preceding Mo 15,761,740.46 235,978,777.14 6.68%
2nd Preceding Mo 12,674,192.72 237,798,150.11 5.33%
Divided by 3
----
(d) Cumulative losses do not exceed the following 6.79%
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
Cumulative loss ratio:
Beginning M balances 41,323,000.00 Cumulative losses 970,371.66
---------------
Beginning B balances 27,993,000.00 Divided by Initial
Certificate Principal 266,597,938.14 0.364%
=====
Overcollateralization 7,997,938.14
-------------
77,313,938.14
Divided by beginning pool
balance 235,978,777.14 Current realized loss ratio:
--------------
32.763% N Liquidation Pool
============== Lossess Balance
------------------------------------
Current Mo 213,344.34 235,978,777.14
1st Preceding Mo 154,372.92 237,798,150.11
2nd Preceding Mo 122,940.24 239,637,542.71
-------------------------------
490,657.50 237,804,823.32
0.825%
=====
* less than or equal to
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Jul-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 6,463 227,633,971.51 215 6,535,711.14 146 5,084,611.26 226 8,575,550.25
Repos 157 5,888,679.78 0 0.00 3 114,417.76 154 5,774,262.02
------------------------------------------------------------------------------------------------------------
Total 6,620 233,522,651.29 215 6,535,711.14 149 5,199,029.02 380 14,349,812.27
============================================================================================================
Repossession Analysis
Active Repos Reversal Current Month
Total Delinq. Outstanding (Redemption) Repos
Principal Principal Principal Principal
# Balance # Balance # Balance # Balance
------------------------------------------------------------------------------------------------------------
Excluding Repos 587 20,195,872.65 157 5,888,679.78 0 0.00 26 951,050.06
Repos 157 5,888,679.78
-----------------------------
Total 744 26,084,552.43
=============================
11.2% 11.17%
=============================
Cumulative Repos
Principal
# Balance
-----------------------------
Excluding Repos 248 8,473,213.70
Repos
Total
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Jul 01
REPOSSESSION LIQUIDATION REPORT
Liquidated
Account Customer Principal Sales Insur. Total
Number Name Balance Proceeds Refunds Proceeds
- ---------------------------------------------------------------------------------------------------------------------
0196857 CHARLES YOUNG 9,891.03 500.00 0.00 500.00
0292300 CAROL L ALEXANDER 12,207.13 3,000.00 0.00 3,000.00
2266203 EMIL S BATSON 33,733.43 38,150.00 566.91 38,716.91
2272557 RAY E DURFLINGER JR 9,407.37 900.00 28.28 928.28
2275550 PAULA M PHIPPS 30,135.41 31,000.00 920.18 31,920.18
2278356 TONWANDA E MALLOY 9,153.70 100.00 17.30 117.30
2301331 JO MCCLELLAND 34,057.99 33,900.00 0.00 33,900.00
2305068 WILLIAM B RADER 30,709.81 28,500.00 306.68 28,806.68
2311785 JAMES OAKES 47,629.81 24,000.00 0.00 24,000.00
2315034 BUCKY MARTIN 38,982.11 35,100.00 0.00 35,100.00
2332633 LAVONDA DAVIS 34,516.32 33,900.00 1,758.79 35,658.79
2215127 LAVIECEICIA DAWSON 47,053.50 45,900.00 2,196.81 48,096.81
2220143 DAVID R MOELLER 28,238.40 28,950.00 0.00 28,950.00
2275857 KIM W SMITH 32,599.69 28,500.00 385.00 28,885.00
2299980 CORRIE A DAVIS 32,755.42 32,900.00 0.00 32,900.00
2205359 NILES R DONNELL 88,169.41 83,924.46 177.23 84,101.69
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
----------------------------------------------------------------------
519,440.53 449,224.46 6,357.18 455,581.64
======================================================================
Net
Account Customer Repossession Liquidation Unrecov. FHA Insurance
Number Name Expenses Proceeds Advances Coverage
- -----------------------------------------------------------------------------------------------------------------------
0196857 CHARLES YOUNG 1,300.00 (800.00) 1,184.43 0.00
0292300 CAROL L ALEXANDER 1,300.00 1,700.00 3,752.00 0.00
2266203 EMIL S BATSON 10,349.50 28,367.41 3,485.69 0.00
2272557 RAY E DURFLINGER JR 1,300.00 (371.72) 3,765.70 0.00
2275550 PAULA M PHIPPS 6,700.00 25,220.18 8,943.48 0.00
2278356 TONWANDA E MALLOY 1,300.00 (1,182.70) 1,044.74 0.00
2301331 JO MCCLELLAND 6,787.00 27,113.00 4,809.10 0.00
2305068 WILLIAM B RADER 5,770.00 23,036.68 4,333.31 0.00
2311785 JAMES OAKES 2,830.00 21,170.00 5,513.14 0.00
2315034 BUCKY MARTIN 5,770.00 29,330.00 4,068.09 0.00
2332633 LAVONDA DAVIS 6,787.00 28,871.79 4,466.25 0.00
2215127 LAVIECEICIA DAWSON 9,205.00 38,891.81 5,555.64 0.00
2220143 DAVID R MOELLER 5,770.00 23,180.00 3,769.53 0.00
2275857 KIM W SMITH 5,770.00 23,115.00 3,778.10 0.00
2299980 CORRIE A DAVIS 5,770.00 27,130.00 3,389.19 0.00
2205359 NILES R DONNELL 2,830.00 81,271.69 8,088.56 0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
--------------------------------------------------------------------------
79,538.50 376,043.14 69,946.95 0.00
==========================================================================
Net Current
Account Customer Pass Thru Period Net Cumulative
Number Name Proceeds Gain/(Loss) Gain/(Loss)
- -------------------------------------------------------------------------------------------------------
0196857 CHARLES YOUNG (1,984.43) (11,875.46)
0292300 CAROL L ALEXANDER (2,052.00) (14,259.13)
2266203 EMIL S BATSON 24,881.72 (8,851.71)
2272557 RAY E DURFLINGER JR (4,137.42) (13,544.79)
2275550 PAULA M PHIPPS 16,276.70 (13,858.71)
2278356 TONWANDA E MALLOY (2,227.44) (11,381.14)
2301331 JO MCCLELLAND 22,303.90 (11,754.09)
2305068 WILLIAM B RADER 18,703.37 (12,006.44)
2311785 JAMES OAKES 15,656.86 (32,172.95)
2315034 BUCKY MARTIN 25,261.91 (13,720.20)
2332633 LAVONDA DAVIS 24,405.54 (10,110.78)
2215127 LAVIECEICIA DAWSON 33,336.17 (13,717.33)
2220143 DAVID R MOELLER 19,410.47 (8,827.93)
2275857 KIM W SMITH 19,336.90 (13,262.79)
2299980 CORRIE A DAVIS 23,740.81 (9,014.61)
2205359 NILES R DONNELL 73,183.13 (14,986.28)
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
----------------------------------------------------------
306,096.19 (213,344.34) (970,371.66)
==========================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Jul-01
CERTIFICATE PRINCIPAL ANALYSIS
PRINCIPAL
Beginning Beginning
Senior Original Certificate Certificate Principal Shortfall Current Principal
Certificates Balance Balance Carry-Over Due
- ------------------------------------------------------------------------------------------------------------------------------------
A-1 189,284,000.00 153,493,495.87 0.00 2,456,125.85
--------------------------------------------------------------------------------
Total Certificate Principal Bal. 189,284,000.00 153,493,495.87 0.00 2,456,125.85
================================================================================
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 2,456,125.85 0.00 432,534.16 150,604,835.86 79.56554% 15.26098
--------------------------------- ---------------------------
Total Certificate Principal Bal. 2,456,125.85 0.00 432,534.16 150,604,835.86
================================= ===========================
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 13,169,281.27
--------------------------------------------------------------------------------
Total Excluding Writedown Balances 77,313,938.14 82,485,281.27 0.00 0.00
================================================================================
All Certificates Excluding Writedown Balances 266,597,938.14 235,978,777.14 0.00 2,456,125.85
================================================================================
Accelerated
Ending Principal Current Principal Ending Principal Paid
Subordinate Current Shortfall Carry- Writedown/ Distribution Certificate Per $1,000
Certificates Principal Paid Over (Writeup) Amount Balance Pool Factor Denomination
------------------------------------------------------------------------
M-1
M-1 Outstanding Writedown 0.00 0.00 0.00 26,660,000.00 100.00000% 0.00000
0.00 0.00
M-2 0.00 0.00 0.00 14,663,000.00 100.00000% 0.00000
M-2 Outstanding Writedown 0.00 0.00
B-1 0.00 0.00 0.00 13,330,000.00 100.00000% 0.00000
B-1 Outstanding Writedown 0.00 0.00
B-2 0.00 0.00 0.00 14,663,000.00 100.00000% 0.00000
B-2 Outstanding Writedown 0.00 0.00
Excess Asset Principal
Balance (432,534.16) 13,601,815.43
-----------------------------------------------------------------------
Total Excluding Writedown
Balances 0.00 0.00 0.00 (432,534.16) 82,917,815.43
=======================================================================
All Certificates Excluding
Writedown Balan 2,456,125.85 0.00 0.00 0.00 233,522,651.29
=======================================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2000-C
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MO. MONTH Jul-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% 0.00 987,474.82 0.00 987,474.82 0.00
------------------------------------------------------------------------------------
Total 0.00 987,474.82 0.00 987,474.82 0.00
====================================================================================
Interest
Paid Per
Senior 1000 Total Class
Certificates Denomination Distribution
---------------------------------------
A-1 5.21690 3,876,134.83
------------
Total 3,876,134.83
============
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 5,928,490.93 645,878.50 0.00 0.00
R 0.00 0.00 0.00 0.00
Service Fee 1.0000% 0.00 196,648.98 0.00 196,648.98
Current Trustee Fees 4,500.00 4,500.00
------------------------------------------------------------------------------
Total 5,928,490.93 1,377,339.31 0.00 731,460.81
==============================================================================
All Certificates 5,928,490.93 2,364,814.13 0.00 1,718,935.63
==============================================================================
Ending Beginning Current
Carry-Over Carry-Over Current Carry-Over
Subordinate Priority Interest Writedown Writedown Writedown Writedown
Certificates Balance Int. Balance Int. Accrued Int. Accrued Interest Paid
-------------------------------------------------------------------------------------------------------------
M-1 0.00 0.00 0.00 0.00 0.00
M-2 0.00 0.00 0.00 0.00 0.00
B-1 0.00 0.00 0.00 0.00 0.00
B-2 0.00 0.00 0.00 0.00 0.00
X 6,574,369.43
R 0.00
Service Fee 0.00
Current Trustee Fees
-------------------------------------------------------------------------------------------------------------
Total 6,574,369.43 0.00 0.00 0.00 0.00
=============================================================================================================
All Certificates 6,574,369.43 0.00 0.00 0.00 0.00
=============================================================================================================
Ending Interest
Carry-Over Paid Per
Subordinate Writedown 1000 Total Class
Certificates Int. Balance Denomination Distribution
------------------------------------------------------
M-1 0.00 7.07500 188,619.50
M-2 0.00 7.41667 108,750.58
B-1 0.00 7.85000 104,640.50
B-2 0.00 8.75000 128,301.25
X 0.00
R 0.00
Service Fee 196,648.98
Current Trustee Fees 4,500.00
------------- -------------------
Total 0.00 731,460.81
============= ===================
All Certificates 0.00 4,607,595.64
============= ===================
Cumulative X Interest Shortfall 6,574,369.43
Cumulative Accelerated Prin. Disb. (5,603,997.77)
-------------------
Cumulative Losses 970,371.66
===================