EXHIBIT 20.1
OAKWOOD MORTGAGE INVESTORS, INC. 2001-D
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: 31-Aug-2001
Scheduled Principal Balance of Contracts
------------------------------------------------------------------------------------------------------------------------------------
Beginning
Principal Scheduled Prepaid Liquidated Pre-Funding
Balance Principal Principal Principal
------------------------------------------------------------------------------------------------------------------------------------
171,588,483.20 (123,596.79) (1,906,012.20) 0.00 0.00
====================================================================================================================================
-------------------
Ending Scheduled Scheduled Amount
Principal Gross Servicing Pass Thru Liquidation Reserve Available for
Balance Interest Fee Interest Proceeds Fund Draw Distribution
------------------------------------------------------------------------------------------------------------------------------------
169,558,874.21 1,572,996.83 142,990.40 1,430,006.43 0.00 0.00 3,602,605.82
====================================================================================================================================
Pre-Funding Account
------------------------------------------------------------------------------------------------------------------------------------
Beginning Principal Principal To Distribution To Ending Principal
Balance Deposit Seller Certificate Holder Balance
------------------------------------------------------------------------------------------------------------------------------------
0.00 53,772,000.00 0.00 0.00 53,772,000.00
====================================================================================================================================
Certificate Account
------------------------------------------------------------------------------------------------------------------------------------
Beginning Deposit Investment Ending
Balance Principal Interest Distributions Interest Balance
------------------------------------------------------------------------------------------------------------------------------------
0.00 542,018.99 507,883.99 0.00 385.10 1,050,288.08
====================================================================================================================================
P&I Advances at Distribution Date
---------------------------------------------------------------------------------
Beginning (Recovered) Current Ending
Balance (Advances) Advances Balance
---------------------------------------------------------------------------------
0.00 0.00 63,674.11 63,674.11
=================================================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2001-D
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: 31-Aug-01
Class B Crossover Test Test Met?
------------------------------------------------------ ------------------
(a) Remittance date on or after March 2006 N
(b) Average 60 day Delinquency rate * 6.5% #DIV/0!
(d) Cumulative losses do not exceed the following
percent of the intitial principal balance of all Certificates
Mar. 2006 - August 2007 8.00% N
Sept. 2007 - August 2008 9.00% N
Sept. 2008 - Feb. 2011 11.75% N
Mar. 2011 and thereafter 13.75% N
(e) Current realized loss ratio * 3.50% Y
(f) Does subordinated cert. percentage equal or
exceed 58.205%
of stated scheduled pool balance
Beginning M balances 34,930,000.00
Beginning B balances 22,536,000.00
Overcollateralization 10,148,483.20
-------------
67,614,483.20
Divided by beginning pool
balance 225,360,483.20
--------------
30.003% N
==============
Average 60 day delinquency ratio:
Over 60s Pool Balance %
-------------------------------------------------
Current Mo 0.00 169,558,874.21 0.00%
1st Preceding Mo 0.00 0.00 #DIV/0!
2nd Preceding Mo 0.00 0.00 #DIV/0!
Divided by 3
--------------
#DIV/0!
==============
Cumulative loss ratio:
Cumulative losses 0.00
--------------
Divided by Initial Certificate Principal 225,360,483.20 0.000%
==============
Current realized loss ratio:
Liquidation Pool
Losses Balance
-----------------------------------
Current Mo 0.00 171,588,483.20
1st Preceding Mo 0.00 0.00
2nd Preceding Mo 0.00 0.00
-----------------------------------
0.00 57,196,161.07
0.000%
==============
* Less than equal to
OAKWOOD MORTGAGE INVESTORS, INC. 2001-D
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: 31-Aug-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 3,654 169,558,874.21 42 1,263,731.96 0 0.00 0 0.00
Repos 0 0.00 0 0.00 0 0.00 0 0.00
--------------------------------------------------------------------------------------------------------------
Total 3,654 169,558,874.21 42 1,263,731.96 0 0.00 0 0.00
==============================================================================================================
Repossession Analysis
Active Repos Reversal Current Month
Total Delinq. Outstanding (Redemption) Repos Cumulative Repos
Principal Principal Principal Principal Principal
# Balance # Balance # Balance # Balance # Balance
------------------------------------------------------------------------------------------------------------------------------------
42 1,263,731.96 0 0.00 0 0.00 0 0.00 0 0.00
0 0.00
-------------------------
42 1,263,731.96
=========================
1.1% 0.75%
=========================
OAKWOOD MORTGAGE INVESTORS, INC. 2001-D
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: 31-Aug-01
REPOSSESSION LIQUIDATION REPORT
Liquidated
Account Customer Principal Sales Insur. Total Repossession
Number Name Balance Proceeds Refunds Proceeds Expenses
------------------------------------------------------------------------------------------------------------------------------------
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
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Net Current
Liquidation Unrecov. FHA Insurance Pass Thru Period Net Cumulative
Proceeds Advances Coverage Proceeds Gain/(Loss) Gain/(Loss)
------------------------------------------------------------------------------------------------------------------
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
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
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
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
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
OAKWOOD MORTGAGE INVESTORS, INC. 2001-D
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH 31-Aug-01
REPOSSESSION LIQUIDATION REPORT
Current
Net Period
Liquidated Net FHA Pass Net
Account Customer Principal Sales Insur. Total Repossession Liquidation Unrecov. Insurance Thru Gain/ Cumulative
Number Name Balance Proceeds Refunds Proceeds Expenses Proceeds Advances Coverage Proceeds (Loss) Gain/(Loss)
-----------------------------------------------------------------------------------------------------------------------------------
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 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
---------------------------------------------------------------------------------------------------
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
===================================================================================================
OAKWOOD MORTGAGE INVESTORS, INC. 2001-D
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: 31-Aug-01 Page 5 of 6
CERTIFICATE PRINCIPAL ANALYSIS
PRINCIPAL Beginning Ending
Original Beginning Principal Current Current Principal
Senior Certificate Certificate Shortfall Principal Principal Carry-
Certificates Balance Balance Carry-Over Due Paid Over
----------------------------------------------------------------------------------------------------------------------------
A-1 53,140,000.00 53,140,000.00 0.00 2,029,608.99 2,029,608.99 0.00
A-2 45,190,000.00 45,190,000.00 0.00 0.00 0.00 0.00
A-3 20,340,000.00 20,340,000.00 0.00 0.00 0.00 0.00
A-4 39,076,000.00 39,076,000.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------
Total Certificate Principal Bal. 157,746,000.00 157,746,000.00 0.00 2,029,608.99 2,029,608.99 0.00
==========================================================================================
PRINCIPAL Accelerated
Principal Ending Principal Paid
Senior Distribution Certificate Per $1,000
Certificates Amount Balance Pool Factor Denomination
-----------------------------------------------------------------------
A-1 52,516.12 51,057,874.89 96.08181% 39.18188
A-2 0.00 45,190,000.00 100.00000% 0.00000
A-3 0.00 20,340,000.00 100.00000% 0.00000
A-4 0.00 39,076,000.00 100.00000% 0.00000
----------------------------------
Total Certificate Principal Bal. 52,516.12 155,663,874.89
==================================
Ending
Beginning Principal
Original Beginning Principal Current Current Shortfall Current
Subordinate Certificate Certificate Shortfall Principal Principal Carry- Writedown/
Certificates Balance Balance Carry-Over Due Paid Over (Writeup)
---------------------------------------------------------------------------------------------
M-1 19,155,000.00 19,155,000.00 0.00 0.00 0.00 0.00
M-1 Outstanding Writedown 0.00 0.00
M-2 15,775,000.00 15,775,000.00 0.00 0.00 0.00 0.00
M-2 Outstanding Writedown 0.00 0.00
B-1 11,268,000.00 11,268,000.00 0.00 0.00 0.00 0.00
B-1 Outstanding Writedown 0.00 0.00
B-2 11,268,000.00 11,268,000.00 0.00 0.00 0.00 0.00
B-2 Outstanding Writedown 0.00
Excess Asset Principal Balance 10,148,483.20 10,148,483.20
---------------------------------------------------------------------------------------------
Total Excluding Writedown Balances 67,614,483.20 67,614,483.20 0.00 0.00 0.00 0.00
=============================================================================================
All Certificates Excluding
Writedown Balances 225,360,483.20 225,360,483.20 0.00 2,029,608.99 2,029,608.99 0.00 0.00
===========================================================================================
Accelerated
Principal Ending Principal Paid
Subordinate Distribution Certificate Per $1,000
Certificates Amount Balance Pool Factor Denomination
----------------------------------
M-1 19,155,000.00 100.00000% 0.00000
M-1 Outstanding Writedown 0.00
M-2 15,775,000.00 100.00000% 0.00000
M-2 Outstanding Writedown 0.00
B-1 11,268,000.00 100.00000% 0.00000
B-1 Outstanding Writedown 0.00
B-2 11,268,000.00 100.00000% 0.00000
B-2 Outstanding Writedown 0.00
Excess Asset Principal Balance (52,516.12) 10,200,999.32
----------------------------------
Total Excluding Writedown Balances (52,516.12) 67,666,999.32
==================================
All Certificates Excluding
Writedown Balances 0.00 223,330,874.21
==================================
OAKWOOD MORTGAGE INVESTORS, INC. 2001-D
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MO. MONTH 31-Aug-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 3.7300% 0.00 88,094.31 0.00 88,094.31 0.00
A-2 5.2600% 0.00 198,082.83 0.00 198,082.83 0.00
A-3 5.9000% 0.00 100,005.00 0.00 100,005.00 0.00
A-4 6.9300% 0.00 225,663.90 0.00 225,663.90 0.00
A-I0 6.0000% 0.00 375,000.00 0.00 375,000.00 0.00
---------------------------------------------------------
Total 0.00 986,846.04 0.00 986,846.04 0.00
=============================================================================================
Interest
Paid Per
Senior 1000 Total Class
Certificates Denomination Distribution
---------------------------------------
A-1 1.65778 2,170,219.42
A-2 4.38333 198,082.83
A-3 4.91667 100,005.00
A-4 5.77500 225,663.90
A-I0 375,000.00
Total 3,068,971.15
====================
Current
Pass Beginning Carry- Carry-Over
Subordinate Through Over Priority Curreng Priority Priority Interest Priority Interest
Certificates Rate Interest Balance Interest Accrued Accrued Paid
----------------------------------------------------------------------------------------------------
M-1 7.3800% 0.00 117,803.25 0.00 117,803.25
M-2 8.2900% 0.00 108,978.96 0.00 108,978.96
B-1 8.57000% 0.00 80,472.30 0.00 80,472.30
B-2 8.5000% 0.00 79,815.00 0.00 79,815.00
X 0.00 52,516.12 0.00 0.00
R 0.00 0.00 0.00 0.00
Service Fee 1.0000% 0.00 142,990.40 0.00 142,990.40
Current Trustee Fees 3,574.76 3,574.76
Total 0.00 586,150.79 0.00 533,634.67
==================================================================================
All Certificates 0.00 1,572,996.83 0.00 1,520,480.71
==================================================================================
Ending Beginning Current Ending
Carry-Over Carry-Over Current Carry-Over Carry-Over
Subordinate Priority Interest Writedown Writedown Writedown Writedown Writedown
Certificate Balance Int. Balance Int. Accrued Int. Accrued Interest Paid Int. Balance
-----------------------------------------------------------------------------------------------------------------------------------
M-1 0.00 0.00 0.00
M-2 0.00 0.00 0.00
B-1 0.00 0.00 0.00
B-2 0.00 0.00 0.00
X 52,516.12
R 0.00
Service Fee 0.00
Current Trustee Fees
Total 0.00 0.00 0.00 0.00 0.00 0.00
==========================================================================================================
All Certificates 0.00 0.00 0.00 0.00 0.00 0.00
==========================================================================================================
Interest
Paid Per
Subordinate 1000 Total Class
Certificates Denomination Distribution
----------------------------------------
M-1 6.15000 117,803.25
M-2 6.90833 108,978.96
B-1 7.14167 80,472.30
B-2 7.08333 79,815.00
X 0.00
R 0.00
Service Fee 142,990.40
Current Trustee Fees 3,574.76
Total 533,634.67
====================
All Certificates 3,602,605.82
====================
Cumulative X Interest Shortfall 52,516.12
Cumulative Accelerated Prin. Dist (52,516.12)
--------------------
Cumulative Losses (0.00)
====================