UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D. C. 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 17, 2001
SOUNDVIEW HOME EQUITY LOAN TRUST
Home Equity Loan Asset-Backed Certs., Series 2001-1 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-84929-07
Pooling and Servicing Agreement) (Commission
(State or other File Number) 52-2316396
jurisdiction 52-2316397
of Incorporation) 52-2316398
IRS EIN
c/o Wells Fargo Bank Minnesota, N.A.
11000 Broken Land Parkway
Columbia, MD 21044
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
Former name or former address, if changed since last report)
ITEM 5. Other Events
On September 17, 2001 a distribution was made to holders of SOUNDVIEW HOME
EQUITY LOAN TRUST, Home Equity Loan Asset-Backed Certs., Series 2001-1 Trust.
ITEM 7. Financial Statements and Exhibits
(c) Exhibits furnished in accordance with Item 601(a) of
Regulation S-K
Exhibit Number Description
EX-99.1 Monthly report distributed to
holders of Home Equity Loan
Asset-Backed Certs., Series
2001-1 Trust, relating to the
September 17, 2001 distribution.
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.
SOUNDVIEW HOME EQUITY LOAN TRUST
Home Equity Loan Asset-Backed Certs., Series 2001-1 Trust
By: Wells Fargo Bank Minnesota, N.A. as Trustee
By: /s/ Beth Belfield, Officer
By: Beth Belfield, Officer
Date: 9/17/01
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Home Equity
Loan Asset-Backed Certs., Series 2001-1 Trust,
relating to the September 17, 2001 distribution.
EX-99.1
Soundview
Mortgage Pass-Through Certificates
Record Date: 8/31/01
Distribution Date: 9/17/01
SDV Series: 2001-1
Contact: Customer Service - CTSLink
Wells Fargo Bank Minnesota, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
Telephone: (301) 815-6600
Fax: (301) 815-6660
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest Principal
Class CUSIP Description Rate Balance Distribution Distribution
<s> <c> <c> <c> <c> <c> <c>
A 83611PAJ0 SEN 6.26500% 86,396,299.36 451,060.68 2,672,665.59
IO 83611PAK7 SEN 7.00000% 0.00 242,098.21 0.00
M_1 83611PAL5 MEZ 7.10000% 6,335,000.00 37,482.08 0.00
M_2 83611PAM3 MEZ 7.10000% 4,223,000.00 24,986.08 0.00
B 83611PAN1 JUN 7.10000% 2,903,000.00 17,176.08 0.00
BIO SDV011BIO JUN 0.00000% 528.25 0.00 0.00
R_1 SDV0101R1 SEN 0.00000% 0.00 0.00 0.00
R_2 SDV0101R2 SEN 0.00000% 0.00 0.00 0.00
R_3 SDV0101R3 SEN 0.00000% 0.00 0.00 0.00
P SDV01001P JUN 0.00000% 100.00 60,631.59 0.00
Totals 99,857,927.61 833,434.72 2,672,665.59
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
A 0.00 83,723,633.77 3,123,726.27 0.00
IO 0.00 0.00 242,098.21 0.00
M_1 0.00 6,335,000.00 37,482.08 0.00
M_2 0.00 4,223,000.00 24,986.08 0.00
B 0.00 2,903,000.00 17,176.08 0.00
BIO 0.00 528.25 0.00 0.00
R_1 0.00 0.00 0.00 0.00
R_2 0.00 0.00 0.00 0.00
R_3 0.00 0.00 0.00 0.00
P 0.00 100.00 60,631.59 0.00
Totals 0.00 97,185,262.02 3,506,100.31 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
</FN>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<s> <c> <c> <c> <c> <c> <c>
A 92,125,000.00 86,396,299.36 0.00 2,672,665.59 0.00 0.00
IO 0.00 0.00 0.00 0.00 0.00 0.00
M_1 6,335,000.00 6,335,000.00 0.00 0.00 0.00 0.00
M_2 4,223,000.00 4,223,000.00 0.00 0.00 0.00 0.00
B 2,903,000.00 2,903,000.00 0.00 0.00 0.00 0.00
BIO 528.25 528.25 0.00 0.00 0.00 0.00
R_1 0.00 0.00 0.00 0.00 0.00 0.00
R_2 0.00 0.00 0.00 0.00 0.00 0.00
R_3 0.00 0.00 0.00 0.00 0.00 0.00
P 100.00 100.00 0.00 0.00 0.00 0.00
Totals 105,586,628.25 99,857,927.61 0.00 2,672,665.59 0.00 0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c>
A 2,672,665.59 83,723,633.77 0.90880471 2,672,665.59
IO 0.00 0.00 0.00000000 0.00
M_1 0.00 6,335,000.00 1.00000000 0.00
M_2 0.00 4,223,000.00 1.00000000 0.00
B 0.00 2,903,000.00 1.00000000 0.00
BIO 0.00 528.25 1.00000000 0.00
R_1 0.00 0.00 0.00000000 0.00
R_2 0.00 0.00 0.00000000 0.00
R_3 0.00 0.00 0.00000000 0.00
P 0.00 100.00 1.00000000 0.00
Totals 2,672,665.59 97,185,262.02 0.92043153 2,672,665.59
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<s> <c> <c> <c> <c> <c>
A 92,125,000.00 937.81600391 0.00000000 29.01129541 0.00000000
IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
M_1 6,335,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M_2 4,223,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B 2,903,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
BIO 528.25 1000.00000000 0.00000000 0.00000000 0.00000000
R_1 0.00 0.00000000 0.00000000 0.00000000 0.00000000
R_2 0.00 0.00000000 0.00000000 0.00000000 0.00000000
R_3 0.00 0.00000000 0.00000000 0.00000000 0.00000000
P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) All Classes are per $1,000 denomination.
</FN>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c> <c>
A 0.00000000 29.01129541 908.80470849 0.90880471 29.01129541
IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
M_1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M_2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
BIO 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
R_1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R_2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R_3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
A 92,125,000.00 6.26500% 86,396,299.36 451,060.68 0.00 0.00
IO 0.00 7.00000% 41,502,551.00 242,098.21 0.00 0.00
M_1 6,335,000.00 7.10000% 6,335,000.00 37,482.08 0.00 0.00
M_2 4,223,000.00 7.10000% 4,223,000.00 24,986.08 0.00 0.00
B 2,903,000.00 7.10000% 2,903,000.00 17,176.08 0.00 0.00
BIO 528.25 0.00000% 528.25 0.00 0.00 0.00
R_1 0.00 0.00000% 0.00 0.00 0.00 0.00
R_2 0.00 0.00000% 0.00 0.00 0.00 0.00
R_3 0.00 0.00000% 0.00 0.00 0.00 0.00
P 100.00 0.00000% 0.00 0.00 0.00 0.00
Totals 105,586,628.25 772,803.13 0.00 0.00
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
A 0.00 0.00 451,060.68 0.00 83,723,633.77
IO 0.00 0.00 242,098.21 0.00 41,502,551.00
M_1 0.00 0.00 37,482.08 0.00 6,335,000.00
M_2 0.00 0.00 24,986.08 0.00 4,223,000.00
B 0.00 0.00 17,176.08 0.00 2,903,000.00
BIO 0.00 0.00 0.00 0.00 528.25
R_1 0.00 0.00 0.00 0.00 0.00
R_2 0.00 0.00 0.00 0.00 0.00
R_3 0.00 0.00 0.00 0.00 0.00
P 0.00 0.00 60,631.59 0.00 0.00
Totals 0.00 0.00 833,434.72 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Factors Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class (5) Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
A 92,125,000.00 6.26500% 937.81600391 4.89618106 0.00000000 0.00000000
IO 0.00 7.00000% 966.66667676 5.63888885 0.00000000 0.00000000
M_1 6,335,000.00 7.10000% 1000.00000000 5.91666614 0.00000000 0.00000000
M_2 4,223,000.00 7.10000% 1000.00000000 5.91666588 0.00000000 0.00000000
B 2,903,000.00 7.10000% 1000.00000000 5.91666552 0.00000000 0.00000000
BIO 528.25 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000
R_1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
R_2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
R_3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
P 100.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(5) All Classes are per $1,000 denomination.
</FN>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
A 0.00000000 0.00000000 4.89618106 0.00000000 908.80470849
IO 0.00000000 0.00000000 5.63888885 0.00000000 966.66667676
M_1 0.00000000 0.00000000 5.91666614 0.00000000 1000.00000000
M_2 0.00000000 0.00000000 5.91666588 0.00000000 1000.00000000
B 0.00000000 0.00000000 5.91666552 0.00000000 1000.00000000
BIO 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000
R_1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R_2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R_3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00000000 0.00000000 606315.90000000 0.00000000 0.00000000
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 3,220,561.65
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 337,200.30
Realized Losses 0.00
Total Deposits 3,557,761.95
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 51,661.64
Payment of Interest and Principal 3,506,100.31
Total Withdrawals (Pool Distribution Amount) 3,557,761.95
Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<s> <c>
Total Prepayment/Curtailment Interest Shortfall 0.00
Servicing Fee Support 0.00
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES
<s> <c>
Gross Servicing Fee 41,835.07
Trustee Fee- Wells Fargo Bank 2,510.11
FSA - Policy # 51074-N 6,479.72
Master Serv Fee 836.74
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 51,661.64
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<s> <c> <c> <c> <c>
Reserve Fund 5,000.00 0.00 0.00 5,000.00
Financial Guaranty 0.00 0.00 0.00 0.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 74 0 0 0 74
5,177,755.02 0.00 0.00 0.00 5,177,755.02
60 Days 16 0 0 0 16
1,128,243.83 0.00 0.00 0.00 1,128,243.83
90 Days 15 0 0 0 15
883,710.54 0.00 0.00 0.00 883,710.54
120 Days 22 0 0 0 22
1,406,045.40 0.00 0.00 0.00 1,406,045.40
150 Days 28 0 0 0 28
1,446,343.45 0.00 0.00 0.00 1,446,343.45
180+ Days 9 0 0 0 9
569,057.03 0.00 0.00 0.00 569,057.03
Totals 164 0 0 0 164
10,611,155.27 0.00 0.00 0.00 10,611,155.27
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 5.461255% 0.000000% 0.000000% 0.000000% 5.461255%
5.288990% 0.000000% 0.000000% 0.000000% 5.288990%
60 Days 1.180812% 0.000000% 0.000000% 0.000000% 1.180812%
1.152482% 0.000000% 0.000000% 0.000000% 1.152482%
90 Days 1.107011% 0.000000% 0.000000% 0.000000% 1.107011%
0.902696% 0.000000% 0.000000% 0.000000% 0.902696%
120 Days 1.623616% 0.000000% 0.000000% 0.000000% 1.623616%
1.436252% 0.000000% 0.000000% 0.000000% 1.436252%
150 Days 2.066421% 0.000000% 0.000000% 0.000000% 2.066421%
1.477416% 0.000000% 0.000000% 0.000000% 1.477416%
180+ Days 0.664207% 0.000000% 0.000000% 0.000000% 0.664207%
0.581282% 0.000000% 0.000000% 0.000000% 0.581282%
Totals 12.103321% 0.000000% 0.000000% 0.000000% 12.103321%
10.839118% 0.000000% 0.000000% 0.000000% 10.839118%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
1 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 41 0 0 0 41
2,797,982.63 0.00 0.00 0.00 2,797,982.63
60 Days 7 0 0 0 7
306,544.32 0.00 0.00 0.00 306,544.32
90 Days 8 0 0 0 8
436,096.61 0.00 0.00 0.00 436,096.61
120 Days 13 0 0 0 13
813,318.29 0.00 0.00 0.00 813,318.29
150 Days 16 0 0 0 16
729,082.47 0.00 0.00 0.00 729,082.47
180 Days 4 0 0 0 4
335,194.49 0.00 0.00 0.00 335,194.49
Totals 89 0 0 0 89
5,418,218.81 0.00 0.00 0.00 5,418,218.81
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 4.306723% 0.000000% 0.000000% 0.000000% 4.306723%
4.235678% 0.000000% 0.000000% 0.000000% 4.235678%
60 Days 0.735294% 0.000000% 0.000000% 0.000000% 0.735294%
0.464057% 0.000000% 0.000000% 0.000000% 0.464057%
90 Days 0.840336% 0.000000% 0.000000% 0.000000% 0.840336%
0.660177% 0.000000% 0.000000% 0.000000% 0.660177%
120 Days 1.365546% 0.000000% 0.000000% 0.000000% 1.365546%
1.231228% 0.000000% 0.000000% 0.000000% 1.231228%
150 Days 1.680672% 0.000000% 0.000000% 0.000000% 1.680672%
1.103709% 0.000000% 0.000000% 0.000000% 1.103709%
180 Days 0.420168% 0.000000% 0.000000% 0.000000% 0.420168%
0.507428% 0.000000% 0.000000% 0.000000% 0.507428%
Totals 9.348739% 0.000000% 0.000000% 0.000000% 9.348739%
8.202277% 0.000000% 0.000000% 0.000000% 8.202277%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
2 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 33 0 0 0 33
2,379,772.39 0.00 0.00 0.00 2,379,772.39
60 Days 9 0 0 0 9
821,699.51 0.00 0.00 0.00 821,699.51
90 Days 7 0 0 0 7
447,613.93 0.00 0.00 0.00 447,613.93
120 Days 9 0 0 0 9
592,727.11 0.00 0.00 0.00 592,727.11
150 Days 12 0 0 0 12
717,260.98 0.00 0.00 0.00 717,260.98
180 Days 5 0 0 0 5
233,862.54 0.00 0.00 0.00 233,862.54
Totals 75 0 0 0 75
5,192,936.46 0.00 0.00 0.00 5,192,936.46
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 8.188586% 0.000000% 0.000000% 0.000000% 8.188586%
7.474311% 0.000000% 0.000000% 0.000000% 7.474311%
60 Days 2.233251% 0.000000% 0.000000% 0.000000% 2.233251%
2.580767% 0.000000% 0.000000% 0.000000% 2.580767%
90 Days 1.736973% 0.000000% 0.000000% 0.000000% 1.736973%
1.405851% 0.000000% 0.000000% 0.000000% 1.405851%
120 Days 2.233251% 0.000000% 0.000000% 0.000000% 2.233251%
1.861618% 0.000000% 0.000000% 0.000000% 1.861618%
150 Days 2.977667% 0.000000% 0.000000% 0.000000% 2.977667%
2.252750% 0.000000% 0.000000% 0.000000% 2.252750%
180 Days 1.240695% 0.000000% 0.000000% 0.000000% 1.240695%
0.734508% 0.000000% 0.000000% 0.000000% 0.734508%
Totals 18.610422% 0.000000% 0.000000% 0.000000% 18.610422%
16.309804% 0.000000% 0.000000% 0.000000% 16.309804%
OTHER INFORMATION
<s> <c>
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 0.00
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 0.00
COLLATERAL STATEMENT
Collateral Description Mixed Fixed & Arm
Weighted Average Gross Coupon 11.438015%
Weighted Average Net Coupon 10.928014%
Weighted Average Pass-Through Rate 10.898014%
Weighted Average Maturity(Stepdown Calculation ) 355
Beginning Scheduled Collateral Loan Count 1,386
Number Of Loans Paid In Full 31
Ending Scheduled Collateral Loan Count 1,355
Beginning Scheduled Collateral Balance 100,404,142.11
Ending Scheduled Collateral Balance 97,863,818.14
Ending Actual Collateral Balance at 31-Aug-2001 97,896,854.82
Monthly P &I Constant 1,105,856.75
Ending Scheduled Balance for Premium Loans 97,863,818.14
Cumulative Loss Event Occurred NO
Delinquency Event Occurred NO
Curtailments $14,406.90
Miscellaneous Reporting
Excess Cash Amount 132,341.62
Required Overcollateralization 2,322,892.00
Subordination Amount 678,556.40
Subordination Deficiency Amount 1,776,677.22
Subordination Increase Amount 132,341.62
Group Level Collateral Statement
Group 1 2 Total
Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Mixed Fixed & Arm
Weighted Average Coupon Rate 11.795040 12.904620 11.438015
Weighted Average Net Rate 11.255040 12.364621 10.928014
Weighted Average Maturity 0 0 355
Beginning Loan Count 970 416 1,386
Loans Paid In Full 18 13 31
Ending Loan Count 952 403 1,355
Beginning Scheduled Balance 67,369,442.03 33,034,700.08 100,404,142.11
Ending scheduled Balance 66,032,069.44 31,831,748.70 97,863,818.14
Record Date 08/31/2001 08/31/2001 08/31/2001
Principal And Interest Constant 737,931.14 367,925.61 1,105,856.75
Scheduled Principal 75,743.42 12,675.39 88,418.81
Unscheduled Principal 1,261,629.17 1,190,275.99 2,451,905.16
Scheduled Interest 662,187.72 355,250.22 1,017,437.94
Servicing Fees 28,632.00 14,039.75 42,671.75
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,684.25 825.86 2,510.11
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 0.00 0.00 0.00
Pool Insurance Fee 0.00 0.00 0.00
Spread Fee 1 0.00 0.00 0.00
Spread Fee 2 0.00 0.00 0.00
Spread Fee 3 0.00 0.00 0.00
Net Interest 631,871.47 340,384.61 972,256.08
Realized Loss Amount 0.00 0.00 0.00
Cumulative Realized Loss 0.00 0.00 0.00
Percentage of Cumulative Losses 0.00 0.00 0.00