UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Sec. 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) : July 15, 2002
GE CAPITAL COMMERCIAL MORTGAGE CORPORATION (as depositor under the Pooling
and Servicing Agreement, dated May 1, 2001, providing for the issuance of the GE
Capital Commercial Mortgage Corporation Commercial Mortgage Pass-Through
Certificates Series 2001-1).
GE CAPITAL COMMERCIAL MORTGAGE CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 333-45884-02 22-3755203
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
292 Long Ridge Road
Stamford, Connecticut 06927
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code : (203) 357-4000
N/A
(Former name or former address, if changed since last report.)
<page>
Item 5. Other Events.
This report and the attached exhibit is being filed pursuant to "no-action"
positions taken by the Securities and Exchange Commission with respect to
alternative means of satisfying the Registrant's reporting obligations under the
Securities Exchange Act of 1934, as amended, with respect to the Registrant's GE
Capital Commercial Mortgage Corporation Commercial Mortgage Pass-Through
Certificates Series 2001-1. The Certificates were issued, and this report and
exhibit is being filed, pursuant to the terms of the Pooling and Servicing
Agreement, dated as of May 1, 2001 (the "Agreement"), among GE Capital
Commercial Mortgage Corporation, as depositor, GE Capital Loan Services Inc., as
master servicer, Midland Loan Services Inc. as special servicer, ABN AMRO Bank
N.V. as fiscal agent, and La Salle Bank N.A. as trustee, under the terms of the
Agreement.
On July 15, 2002 and August 15, 2002, distributions were made to the
Certificateholders. Specific information with respect to these distributions are
filed as Exhibits 99.1, and 99.2. No other reportable transactions or matters
have occurred during the current reporting period.
Item 7. Financial Statements and Exhibits.
(a) Not applicable
(b) Not applicable
(c) The following exhibit is filed as part of this report:
Statement to Certificateholders on July 15, 2002
as Exhibit 99.1.
Statement to Certificateholders on August 15, 2002
as Exhibit 99.2
<page>
GE CAPITAL COMMERCIAL MORTGAGE CORPORATION
Commercial Mortgage Pass-Through Certificates Series 2001-1
- ------------------------------------------------------------------------------
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
JPMORGAN CHASE BANK,
not in its individual capacity but solely
as Paying Agent under the Agreement
referred to herein
Date: October 2, 2002 By: /s/ Diane E. Wallace
--------------------------------------
Diane E. Wallace
Assistant Vice President
<page>
INDEX TO EXHIBITS
Exhibit
Number Description of Exhibits
99.1 Statement to Certificateholders on July 15, 2002
99.2 Statement to Certificateholders on August 15, 2002
<page>
Exhibit 99.1
Monthly Certificateholder Statement on July 15, 2002
<table>
<s> <c> <c>
GE Capital Commercial Mortgage Corporation
Commercial Mortgage Pass-Through Certificates Series 2001-1
STATEMENT TO CERTIFICATEHOLDERS
July 15, 2002
- -----------------------------------------------------------------------------------------------------------------------------------
DISTRIBUTION IN DOLLARS
- -----------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT REALIZED
CURRENT ORIGINAL BEGINNING PREMIUMS/ LOSSES/ ENDING
PASS THROUGH FACE PRINCIPAL YIELD MAINT TRUST PRINCIPAL
CLASS CUSIP RATE VALUE BALANCE PRINCIPAL INTEREST CHARGES TOTAL EXPENSES BALANCE
- -----------------------------------------------------------------------------------------------------------------------------------
A1 36158YAZ2 6.079% 171,865,000.00 161,104,453.33 973,300.29 816,128.31 0.00 1,789,428.60 0.00 160,131,153.04
A2 36158YBA6 6.531% 703,045,000.00 703,045,000.00 0.00 3,826,322.41 0.00 3,826,322.41 0.00 703,045,000.00
B 36158YBB4 6.719% 45,157,000.00 45,157,000.00 0.00 252,841.57 0.00 252,841.57 0.00 45,157,000.00
C 36158YBC2 6.971% 49,390,000.00 49,390,000.00 0.00 286,914.74 0.00 286,914.74 0.00 49,390,000.00
D 36158YBD0 7.108% 15,523,000.00 15,523,000.00 0.00 91,947.90 0.00 91,947.90 0.00 15,523,000.00
E 36158YBG3 6.657% 15,522,000.00 15,522,000.00 0.00 86,108.30 0.00 86,108.30 0.00 15,522,000.00
F 36158YBH1 6.723% 15,523,000.00 15,523,000.00 0.00 86,967.61 0.00 86,967.61 0.00 15,523,000.00
G 36158YBJ7 7.035% 14,112,000.00 14,112,000.00 0.00 82,731.60 0.00 82,731.60 0.00 14,112,000.00
H 36158YBK4 6.207% 25,400,000.00 25,400,000.00 0.00 131,381.50 0.00 131,381.50 0.00 25,400,000.00
I 36158YBL2 6.207% 18,345,000.00 18,345,000.00 0.00 94,889.51 0.00 94,889.51 0.00 18,345,000.00
J 36158YBM0 6.207% 9,878,000.00 9,878,000.00 0.00 51,093.96 0.00 51,093.96 0.00 9,878,000.00
K 36158YBN8 6.207% 9,878,000.00 9,878,000.00 0.00 51,093.96 0.00 51,093.96 0.00 9,878,000.00
L 36158YBP3 6.207% 14,112,000.00 14,112,000.00 0.00 72,994.32 0.00 72,994.32 0.00 14,112,000.00
M 36158YBQ1 6.207% 4,233,000.00 4,233,000.00 0.00 21,895.19 0.00 21,895.19 0.00 4,233,000.00
N 36158YCC1 6.207% 16,933,742.00 16,933,742.00 0.00 87,589.78 0.00 87,589.78 0.00 16,933,742.00
R N/A 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
LR N/A 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
S N/A 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 1,128,916,742.00 1,118,156,195.33 973,300.29 6,040,900.66 0.00 7,014,200.95 0.00 1,117,182,895.04
X1 36158YBE8 0.552% 1,128,916,742.00 1,118,156,195.33 0.00 512,789.41 0.00 512,789.41 0.00 1,117,182,895.04
X2 36158YBF5 0.954% 662,592,000.00 662,592,000.00 0.00 526,542.68 0.00 526,542.68 0.00 662,592,000.00
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
FACTOR INFORMATION PER $1,000 OF ORIGINAL FACE
- -----------------------------------------------------------------------------------------------------------------------------------
BEGINNINNG PREPAYMENT REALIZED ENDING
PRINCIPAL PREMIUMS/YIELD LOSSES/TRUST PRINCIPAL
CLASS CUSIP FACTOR PRINCIPAL INTEREST MAINT CHARGES TOTAL EXPENSES FACTOR
- -----------------------------------------------------------------------------------------------------------------------------------
A1 36158YAZ2 937.38954022 5.66316754 4.74865918 0.00000000 10.41182672 0.00000000 931.72637268
A2 36158YBA6 1000.00000000 0.00000000 5.44250000 0.00000000 5.44250000 0.00000000 1000.00000000
B 36158YBB4 1000.00000000 0.00000000 5.59916669 0.00000000 5.59916669 0.00000000 1000.00000000
C 36158YBC2 1000.00000000 0.00000000 5.80916663 0.00000000 5.80916663 0.00000000 1000.00000000
D 36158YBD0 1000.00000000 0.00000000 5.92333312 0.00000000 5.92333312 0.00000000 1000.00000000
E 36158YBG3 1000.00000000 0.00000000 5.54750032 0.00000000 5.54750032 0.00000000 1000.00000000
F 36158YBH1 1000.00000000 0.00000000 5.60250016 0.00000000 5.60250016 0.00000000 1000.00000000
G 36158YBJ7 1000.00000000 0.00000000 5.86250000 0.00000000 5.86250000 0.00000000 1000.00000000
H 36158YBK4 1000.00000000 0.00000000 5.17250000 0.00000000 5.17250000 0.00000000 1000.00000000
I 36158YBL2 1000.00000000 0.00000000 5.17249986 0.00000000 5.17249986 0.00000000 1000.00000000
J 36158YBM0 1000.00000000 0.00000000 5.17250051 0.00000000 5.17250051 0.00000000 1000.00000000
K 36158YBN8 1000.00000000 0.00000000 5.17250051 0.00000000 5.17250051 0.00000000 1000.00000000
L 36158YBP3 1000.00000000 0.00000000 5.17250000 0.00000000 5.17250000 0.00000000 1000.00000000
M 36158YBQ1 1000.00000000 0.00000000 5.17249941 0.00000000 5.17249941 0.00000000 1000.00000000
N 36158YCC1 1000.00000000 0.00000000 5.17249997 0.00000000 5.17249997 0.00000000 1000.00000000
R N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
LR N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
S N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
TOTALS 990.46825486 0.86215418 5.35105950 0.00000000 6.21321368 0.00000000 989.60610068
X1 36158YBE8 990.46825486 0.00000000 0.45423138 0.00000000 0.45423138 0.00000000 989.60610068
X2 36158YBF5 1000.00000000 0.00000000 0.79467105 0.00000000 0.79467105 0.00000000 1000.00000000
- ----------------------------------------------------------------------------------------------------------------------------------
If there are any questions or problems with this statement, please contact the Administrator listed below:
DIANE WALLACE
JP MORGAN CHASE BANK - STRUCTURED FINANCE SERVICES
450 WEST 33RD STREET, 14TH FLOOR
NEW YORK, NEW YORK 10001
(212) 946-3200
<page>
Available Funds 8,053,533.03
Principal Distribution Amount 973,300.29
Scheduled Principal Distribution Amount 973,300.29
Miscellaneous Trust Fund Expenses 0.00
Interest Reserve Account
Deposits 0.00
Withdrawals 0.00
Balance Information
- -----------------------------------------------------------------------------------------------------------------------------------
GROUP LOAN COUNT SCHEDULED BEGINNING BEGINNING BEGINNING ENDING ENDING ENDING
AT BALANCE AT LOAN SCHEDULED UNPAID LOAN SCHEDULED UNPAID
SECURITIZATION SECURITIZATION COUNT BALANCE BALANCE COUNT BALANCE BALANCE
- -----------------------------------------------------------------------------------------------------------------------------------
1 150 1,115,212,103.28 150 1,104,781,341.58 1,104,776,863.74 150 1,103,834,592.30 1,103,870,799.21
2 1 13,704,639.53 1 13,374,853.75 13,374,853.75 1 13,348,302.74 13,348,302.74
TOTALS 151 1,128,916,742.81 151 1,118,156,195.33 1,118,151,717.49 151 1,117,182,895.04 1,117,219,101.95
- -----------------------------------------------------------------------------------------------------------------------------------
Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
PERIOD NUMBER AGGREGATED PERCENTAGE
PRINCIPAL BALANCE
---------------------------------------------------------------
1 Month 0 0.00 0.000000%
2 Months 0 0.00 0.000000%
3+ Months 0 0.00 0.000000%
In Foreclosure 0 0.00 0.000000%
REO 0 0.00 0.000000%
Bankruptcies 0 0.00 0.000000%
TOTALS 0 0.00 0.000000%
---------------------------------------------------------------
Prepayment Penalties
---------------------------------------------------------------
CLASS PREPAYMENT YIELD MAINTENANCE
PREMIUM
---------------------------------------------------------------
A1 0.00 0.00
A2 0.00 0.00
B 0.00 0.00
C 0.00 0.00
D 0.00 0.00
E 0.00 0.00
F 0.00 0.00
G 0.00 0.00
H 0.00 0.00
I 0.00 0.00
J 0.00 0.00
K 0.00 0.00
L 0.00 0.00
M 0.00 0.00
N 0.00 0.00
R 0.00 0.00
LR 0.00 0.00
S 0.00 0.00
------------------------------------------------------------
Totals 0.00 0.00
-----------------------------------------------------------
Advance Summary
Principal & Interest Advances
Current Principal & Interest Advances 391,494.34
Outstanding Principal & Interest Advances 391,494.35
Reimbursement of Interest on any P&I Advances 0.00
Reimbursement of Interest on any T&I Advances 0.00
Fee Summary
Servicing Fees 48,919.41
Trustee Fees 1,164.75
Special Servicer Fee 0.00
Workout Fee 0.00
Appraisal Reduction Amounts -------------------------------------------------------------------------------------------
LOAN NUMBER MOST RECENT ASER CUMULATIVE ASER ARA (APPRAISAL APPRAISAL
AMOUNT REDUCTION AMOUNT) REDUCTION AMOUNT
-------------------------------------------------------------------------------------------
NONE
-------------------------------------------------------------------------------------------
Advanced Reduction due to Appraisal Reduction Amt (ASER) 0.00
<page>
Interest Detail
- ----------------------------------------------------------------------------------------------------------------------------------
CLASS ACCRUED PREPAYMENT BEGINNING INTEREST TOTAL CERTIFICATE ENDING
CERTIFICATE INTEREST UNPAID LOSS INTEREST INTEREST UNPAID
INTEREST SHORTFALL INTEREST PAYABLE DISTRIBUTABLE INTEREST
- ----------------------------------------------------------------------------------------------------------------------------------
A1 816,128.31 0.00 0.00 0.00 816,128.31 816,128.31 0.00
A2 3,826,322.41 0.00 0.00 0.00 3,826,322.41 3,826,322.41 0.00
X1 512,789.41 0.00 0.00 0.00 512,789.41 512,789.41 0.00
X2 526,542.68 0.00 0.00 0.00 526,542.68 526,542.68 0.00
B 252,841.57 0.00 0.00 0.00 252,841.57 252,841.57 0.00
C 286,914.74 0.00 0.00 0.00 286,914.74 286,914.74 0.00
D 91,947.90 0.00 0.00 0.00 91,947.90 91,947.90 0.00
E 86,108.30 0.00 0.00 0.00 86,108.30 86,108.30 0.00
F 86,967.61 0.00 0.00 0.00 86,967.61 86,967.61 0.00
G 82,731.60 0.00 0.00 0.00 82,731.60 82,731.60 0.00
H 131,381.50 0.00 0.00 0.00 131,381.50 131,381.50 0.00
I 94,889.51 0.00 0.00 0.00 94,889.51 94,889.51 0.00
J 51,093.96 0.00 0.00 0.00 51,093.96 51,093.96 0.00
K 51,093.96 0.00 0.00 0.00 51,093.96 51,093.96 0.00
L 72,994.32 0.00 0.00 0.00 72,994.32 72,994.32 0.00
M 21,895.19 0.00 0.00 0.00 21,895.19 21,895.19 0.00
N 87,589.78 0.00 0.00 0.00 87,589.78 87,589.78 0.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00
LR 0.00 0.00 0.00 0.00 0.00 0.00 0.00
S 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 7,080,232.75 0.00 0.00 0.00 7,080,232.75 7,080,232.75 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Reports Available at www.jpmorgan.com/absmbs Copyright 2001 J.P. Morgan Chase & Co. All rights reserved.
<page>
Exhibit 99.2
Monthly Certificateholder Statement on August 15, 2002
GE Capital Commercial Mortgage Corporation
Commercial Mortgage Pass-Through Certificates Series 2001-1
STATEMENT TO CERTIFICATEHOLDERS
August 15, 2002
- -----------------------------------------------------------------------------------------------------------------------------------
DISTRIBUTION IN DOLLARS
- -----------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT REALIZED
CURRENT ORIGINAL BEGINNING PREMIUMS/ LOSSES/ ENDING
PASS THROUGH FACE PRINCIPAL YIELD MAINT TRUST PRINCIPAL
CLASS CUSIP RATE VALUE BALANCE PRINCIPAL INTEREST CHARGES TOTAL EXPENSES BALANCE
- -----------------------------------------------------------------------------------------------------------------------------------
A1 36158YAZ2 6.079% 171,865,000.00 160,131,153.04 748,607.81 811,197.73 0.00 1,559,805.54 0.00 159,382,545.23
A2 36158YBA6 6.531% 703,045,000.00 703,045,000.00 0.00 3,826,322.41 0.00 3,826,322.41 0.00 703,045,000.00
B 36158YBB4 6.719% 45,157,000.00 45,157,000.00 0.00 252,841.57 0.00 252,841.57 0.00 45,157,000.00
C 36158YBC2 6.971% 49,390,000.00 49,390,000.00 0.00 286,914.74 0.00 286,914.74 0.00 49,390,000.00
D 36158YBD0 7.108% 15,523,000.00 15,523,000.00 0.00 91,947.90 0.00 91,947.90 0.00 15,523,000.00
E 36158YBG3 6.657% 15,522,000.00 15,522,000.00 0.00 86,108.30 0.00 86,108.30 0.00 15,522,000.00
F 36158YBH1 6.723% 15,523,000.00 15,523,000.00 0.00 86,967.61 0.00 86,967.61 0.00 15,523,000.00
G 36158YBJ7 7.035% 14,112,000.00 14,112,000.00 0.00 82,731.60 0.00 82,731.60 0.00 14,112,000.00
H 36158YBK4 6.207% 25,400,000.00 25,400,000.00 0.00 131,381.50 0.00 131,381.50 0.00 25,400,000.00
I 36158YBL2 6.207% 18,345,000.00 18,345,000.00 0.00 94,889.51 0.00 94,889.51 0.00 18,345,000.00
J 36158YBM0 6.207% 9,878,000.00 9,878,000.00 0.00 51,093.96 0.00 51,093.96 0.00 9,878,000.00
K 36158YBN8 6.207% 9,878,000.00 9,878,000.00 0.00 51,093.96 0.00 51,093.96 0.00 9,878,000.00
L 36158YBP3 6.207% 14,112,000.00 14,112,000.00 0.00 72,994.32 0.00 72,994.32 0.00 14,112,000.00
M 36158YBQ1 6.207% 4,233,000.00 4,233,000.00 0.00 21,895.19 0.00 21,895.19 0.00 4,233,000.00
N 36158YCC1 6.207% 16,933,742.00 16,933,742.00 0.00 87,589.78 0.00 87,589.78 0.00 16,933,742.00
R N/A 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
LR N/A 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
S N/A 0.000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 1,128,916,742.00 1,117,182,895.04 748,607.81 6,035,970.08 0.00 6,784,577.89 0.00 0.00
X1 36158YBE8 0.803%1,128,916,742.00 1,117,182,895.04 0.00 746,095.49 0.00 746,095.49 0.00 1,116,434,287.23
X2 36158YBF5 0.954% 662,592,000.00 662,592,000.00 0.00 526,542.68 0.00 526,542.68 0.00 662,592,000.00
- ----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
FACTOR INFORMATION PER $1,000 OF ORIGINAL FACE
- -----------------------------------------------------------------------------------------------------------------------------------
BEGINNINNG PREPAYMENT REALIZED ENDING
PRINCIPAL PREMIUMS/YIELD LOSSES/TRUST PRINCIPAL
CLASS CUSIP FACTOR PRINCIPAL INTEREST MAINT CHARGES TOTAL EXPENSES FACTOR
- -----------------------------------------------------------------------------------------------------------------------------------
A1 36158YAZ2 931.72637268 4.35578978 4.71997050 0.00000000 9.07576028 0.00000000 927.37058290
A2 36158YBA6 1000.00000000 0.00000000 5.44250000 0.00000000 5.44250000 0.00000000 1000.00000000
B 36158YBB4 1000.00000000 0.00000000 5.59916669 0.00000000 5.59916669 0.00000000 1000.00000000
C 36158YBC2 1000.00000000 0.00000000 5.80916663 0.00000000 5.80916663 0.00000000 1000.00000000
D 36158YBD0 1000.00000000 0.00000000 5.92333312 0.00000000 5.92333312 0.00000000 1000.00000000
E 36158YBG3 1000.00000000 0.00000000 5.54750032 0.00000000 5.54750032 0.00000000 1000.00000000
F 36158YBH1 1000.00000000 0.00000000 5.60250016 0.00000000 5.60250016 0.00000000 1000.00000000
G 36158YBJ7 1000.00000000 0.00000000 5.86250000 0.00000000 5.86250000 0.00000000 1000.00000000
H 36158YBK4 1000.00000000 0.00000000 5.17250000 0.00000000 5.17250000 0.00000000 1000.00000000
I 36158YBL2 1000.00000000 0.00000000 5.17249986 0.00000000 5.17249986 0.00000000 1000.00000000
J 36158YBM0 1000.00000000 0.00000000 5.17250051 0.00000000 5.17250051 0.00000000 1000.00000000
K 36158YBN8 1000.00000000 0.00000000 5.17250051 0.00000000 5.17250051 0.00000000 1000.00000000
L 36158YBP3 1000.00000000 0.00000000 5.17250000 0.00000000 5.17250000 0.00000000 1000.00000000
M 36158YBQ1 1000.00000000 0.00000000 5.17249941 0.00000000 5.17249941 0.00000000 1000.00000000
N 36158YCC1 1000.00000000 0.00000000 5.17249997 0.00000000 5.17249997 0.00000000 1000.00000000
R N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
LR N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
S N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
TOTALS 989.60610068 0.66312048 5.34669197 0.00000000 6.00981245 0.00000000 988.94298020
X1 36158YBE8 989.60610068 0.00000000 0.66089505 0.00000000 0.66089505 0.00000000 988.94298020
X2 36158YBF5 1000.00000000 0.00000000 0.79467105 0.00000000 0.79467105 0.00000000 1000.00000000
- ----------------------------------------------------------------------------------------------------------------------------------
If there are any questions or problems with this statement, please contact the Administrator listed below:
DIANE WALLACE
JP MORGAN CHASE BANK - STRUCTURED FINANCE SERVICES
450 WEST 33RD STREET, 14TH FLOOR
NEW YORK, NEW YORK 10001
(212) 946-3200
<page>
Available Funds 8,057,216.05
Principal Distribution Amount 748,607.81
Scheduled Principal Distribution Amount 748,607.81
Miscellaneous Trust Fund Expenses 0.00
Interest Reserve Account
Deposits 0.00
Withdrawals 0.00
Balance Information
- -----------------------------------------------------------------------------------------------------------------------------------
GROUP LOAN COUNT SCHEDULED BEGINNING BEGINNING BEGINNING ENDING ENDING ENDING
AT BALANCE AT LOAN SCHEDULED UNPAID LOAN SCHEDULED UNPAID
SECURITIZATION SECURITIZATION COUNT BALANCE BALANCE COUNT BALANCE BALANCE
- -----------------------------------------------------------------------------------------------------------------------------------
1 150 1,115,212,103.28 150 1,103,834,592.30 1,103,870,799.21 150 1,103,112,710.07 1,103,128,737.95
2 1 13,704,639.53 1 13,348,302.74 13,348,302.74 1 13,321,577.16 13,321,577.16
TOTALS 151 1,128,916,742.81 151 1,117,182,895.04 1,117,219,101.95 151 1,116,434,287.23 1,116,450,315.11
- -----------------------------------------------------------------------------------------------------------------------------------
Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
PERIOD NUMBER AGGREGATED PERCENTAGE
PRINCIPAL BALANCE
---------------------------------------------------------------
1 Month 0 0.00 0.000000%
2 Months 0 0.00 0.000000%
3+ Months 0 0.00 0.000000%
In Foreclosure 0 0.00 0.000000%
REO 0 0.00 0.000000%
Bankruptcies 0 0.00 0.000000%
TOTALS 0 0.00 0.000000%
---------------------------------------------------------------
Prepayment Penalties
---------------------------------------------------------------
CLASS PREPAYMENT YIELD MAINTENANCE
PREMIUM
---------------------------------------------------------------
A1 0.00 0.00
A2 0.00 0.00
B 0.00 0.00
C 0.00 0.00
D 0.00 0.00
E 0.00 0.00
F 0.00 0.00
G 0.00 0.00
H 0.00 0.00
I 0.00 0.00
J 0.00 0.00
K 0.00 0.00
L 0.00 0.00
M 0.00 0.00
N 0.00 0.00
R 0.00 0.00
LR 0.00 0.00
S 0.00 0.00
------------------------------------------------------------
Totals 0.00 0.00
-----------------------------------------------------------
Advance Summary
Principal & Interest Advances
Current Principal & Interest Advances 205,442.34
Outstanding Principal & Interest Advances 205,442.36
Reimbursement of Interest on any P&I Advances 0.00
Reimbursement of Interest on any T&I Advances 0.00
Fee Summary
Servicing Fees 48,876.89
Trustee Fees 1,163.73
Special Servicer Fee 0.00
Workout Fee 0.00
Appraisal Reduction Amounts -------------------------------------------------------------------------------------------
LOAN NUMBER MOST RECENT ASER CUMULATIVE ASER ARA (APPRAISAL APPRAISAL
AMOUNT REDUCTION AMOUNT) REDUCTION AMOUNT
-------------------------------------------------------------------------------------------
NONE
-------------------------------------------------------------------------------------------
Advanced Reduction due to Appraisal Reduction Amt (ASER) 0.00
<page>
Interest Detail
- ----------------------------------------------------------------------------------------------------------------------------------
CLASS ACCRUED PREPAYMENT BEGINNING INTEREST TOTAL CERTIFICATE ENDING
CERTIFICATE INTEREST UNPAID LOSS INTEREST INTEREST UNPAID
INTEREST SHORTFALL INTEREST PAYABLE DISTRIBUTABLE INTEREST
- ----------------------------------------------------------------------------------------------------------------------------------
A1 811,197.73 0.00 0.00 0.00 811,197.73 811,197.73 0.00
A2 3,826,322.41 0.00 0.00 0.00 3,826,322.41 3,826,322.41 0.00
X1 746,095.49 0.00 0.00 0.00 746,095.49 746,095.49 0.00
X2 526,542.68 0.00 0.00 0.00 526,542.68 526,542.68 0.00
B 252,841.57 0.00 0.00 0.00 252,841.57 252,841.57 0.00
C 286,914.74 0.00 0.00 0.00 286,914.74 286,914.74 0.00
D 91,947.90 0.00 0.00 0.00 91,947.90 91,947.90 0.00
E 86,108.30 0.00 0.00 0.00 86,108.30 86,108.30 0.00
F 86,967.61 0.00 0.00 0.00 86,967.61 86,967.61 0.00
G 82,731.60 0.00 0.00 0.00 82,731.60 82,731.60 0.00
H 131,381.50 0.00 0.00 0.00 131,381.50 131,381.50 0.00
I 94,889.51 0.00 0.00 0.00 94,889.51 94,889.51 0.00
J 51,093.96 0.00 0.00 0.00 51,093.96 51,093.96 0.00
K 51,093.96 0.00 0.00 0.00 51,093.96 51,093.96 0.00
L 72,994.32 0.00 0.00 0.00 72,994.32 72,994.32 0.00
M 21,895.19 0.00 0.00 0.00 21,895.19 21,895.19 0.00
N 87,589.78 0.00 0.00 0.00 87,589.78 87,589.78 0.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00
LR 0.00 0.00 0.00 0.00 0.00 0.00 0.00
S 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 7,308,608.25 0.00 0.00 0.00 7,308,608.25 7,308,608.25 0.00
- ---------------------------------------------------------------------------------------------------------------------------------
Reports Available at www.jpmorgan.com/absmbs Copyright 2001 J.P. Morgan Chase & Co. All rights reserved.