EX-1 3 b320326_ex1.txt EXHIBIT 1 EXHIBIT 1 ADVANTA Mortgage Loan Trust 1998-4A Statement to Certificateholders
Original Prior Face Principal Class Value Balance Interest Principal Total A 650,000,000.00 312,061,016.29 698,589.95 11,064,486.21 11,763,076.16 A Certificate - - 950,293.14 - 950,293.14 Totals 650,000,000.00 312,061,016.29 1,648,883.09 11,064,486.21 12,713,369.30 Current Pass-Through Realized Deferred Principal Rates Class Losses Interest Balance Current Next A - - 300,996,530.08 2.600000% 2.550000% A Certificate - - - NA NA Totals - - 300,996,530.08 Prior Current Principal Principal Class CUSIP Balance Interest Principal Total Balance A 00755WGC4 480.093871 1.074754 17.022286 18.097040 463.071585 A Certificate 0.000000 1.461989 0.000000 1.461989 0.000000 Delinquent Loan Information: 90+ Days Loans Loans 30-59 60-89 excldg f/c,REO in in Days Days & Bkrptcy Bankruptcy REO Trust A Principal Balance 8,808,573.65 1,520,502.20 831,520.53 14,717,258.20 4,086,006.62 % of Pool Balance 2.70415% 0.46678% 0.25527% 4.51806% 1.25437% Number of Loans 153 33 19 240 71 % of Loans 2.76373% 0.59610% 0.34321% 4.33526% 1.28251% Loans in Foreclosure Trust A Principal Balance 11,497,361.54 % of Pool Balance 3.52958% Number of Loans 204 % of Loans 3.68497%
General Mortgage Loan Information: Trust A Beginning Aggregate Mortgage Loan Balance 336,807,236.09 Prefunding 0.00 Principal Reduction 11,064,486.21 Ending Aggregate Mortgage Loan Balance 325,742,749.88 Beginning Aggregate Mortgage Loan Count 5676 Ending Aggregate Mortgage Loan Count 5536 Current Weighted Average Coupon Rate 9.487198% Next Weighted Average Coupon Rate 9.493591% Mortgage Loan Principal Reduction Information: Trust A Scheduled Principal 659,535.66 Curtailments 490,065.88 Prepayments 8,652,748.94 Repurchases 0.00 Substitutions 0.00 Liquidation Proceeds 1,262,135.73 Other Principal 0.00 Less: Realized Losses 711,981.94 Total Principal Reduction 11,776,468.15 Servicer Information: Trust A Accrued Servicing Fee for the Current Period 140,336.35 Less: Amounts to Cover Interest Shortfalls 5,333.25 Less: Delinquent Service Fees 41,864.39 Collected Servicing Fees for Current Period: 93,138.71 Advanced Principal N/A Advanced Interest 786,193.85
Other Scheduled Interest Available Available Funds Prepayment Unscheduled Principal Carry Funds Cap Cap Carry Principal Principal Distribution Forward Current Forward Class Distributed Distributed Amount Amount Amount Amount Class A 8,652,748.94 1,752,201.61 10,352,504.27 - - - - - - - - - Total 8,652,748.94 1,752,201.61 10,352,504.27 - - - Applied Realized Loss Amount Class A - - Total - Prior Current Has a Remaining Over- Accelerated Extra Over Trigger Event Pre-Funded Collateral Principal Principal Collateral Occurred Amount Amount Distributed Distributed Amount Trust A NO 0.00 24,746,219.80 711,981.94 0.00 24,746,219.80 Specified Over- Over- Collateral Collateral Deficit Amount Amount Trust A 24,746,219.80 0.00
Trust A Insured Payment 0.00 Pool Rolling six month delinquency rate 5.16114 Pool Cumulative Realized Losses 16,798,397.71 Book Value of REO loans 5,177,716.34 Cumulative Number of Mortgage loans repurchased to date 11 Unreimbursed Delinquent/Servicing Advances Paid Back to Servicer This Period 112,921.85 Unreimbursed Delinquent/Servicing Advances Paid Back to Certificateholder This Period 0.00 Unremibursed Delinquent/Servicing Advances still Outstanding 0.00
TOTAL AVAILABLE FUNDS: Current Interest Collected: 1,834,659.26 Principal Collected: 9,802,350.48 Insurance Proceeds Received: 0.00 Net Liquidation Proceeds: 550,153.79 Delinquency Advances on Mortgage Interest: 786,193.85 Delinquency Advances on Mortgage Principal NA Repurchase and Substitution Amounts: 0.00 Trust Termination Proceeds: 0.00 Investment Earnings on Note Account: 3,082.70 Capitalized Interest Requirement: 0.00 Capitalized Interest Fund Earnings 0.00 Capitalized Interest Account 0.00 Investment Earnings on Pre-Funding Account 0.00 Unreimbursed Delq/Servicing Advances Paid Back To CertificateHolders - Sum of the Above Amounts: 12,976,440.08 LESS: Servicing Fees (including PPIS): 98,471.96 Non Recoverable Advance 8,769.74 Indenture Trustee Fees: 1,964.71 Owner Trustee Fees: 277.78 Insurance Premiums: 33,806.61 Reimbursement of Delinquency Advances/Servicing Advances 112,921.85 Trust A Crossover Amount 6,858.13 Total Reductions to Available Funds Amount: 263,070.78 Total Available Funds: 12,713,369.30
EXHIBIT 1 ADVANTA Mortgage Loan Trust 1998-4B Statement to Certificateholders
Original Prior Face Principal Class Value Balance Interest Principal Total B 350,000,000.00 159,510,569.69 357,126.44 4,002,389.05 4,359,515.49 B Certificate - - 1,355,563.61 - 1,355,563.61 Totals 350,000,000.00 159,510,569.69 1,712,690.05 4,002,389.05 5,715,079.10 Current Pass-Through Realized Deferred Principal Rates Class Losses Interest Balance Current Next B - - 155,508,180.64 2.600000% 2.550000% B Certificate - - - NA NA Totals - - 155,508,180.64 Prior Current Principal Principal Class CUSIP Balance Interest Principal Total Balance B 00755WGD2 455.744485 1.020361 11.435397 12.455758 444.309088 B Certificate 0.000000 2.085482 0.000000 2.085482 0.000000 Delinquent Loan Information: 90+ Days Loans Loans 30-59 60-89 excldg f/c,REO in in Days Days & Bkrptcy Bankruptcy REO Trust B Principal Balance 4,180,502.15 1,216,367.47 296,130.24 8,885,665.30 2,391,166.14 % of Pool Balance 2.48666% 0.72352% 0.17615% 5.28541% 1.42232% Number of Loans 71 19 5 142 37 % of Loans 2.97569% 0.79631% 0.20956% 5.95138% 1.55071% Loans in Foreclosure Trust B Principal Balance 7,378,121.30 % of Pool Balance 4.38887% Number of Loans 121 % of Loans 5.07125%
General Mortgage Loan Information: Trust B Beginning Aggregate Mortgage Loan Balance 172,835,442.79 Subsequent Mortgage Loans Added This Period 0.00 Principal Reduction 4,718,490.75 Ending Aggregate Mortgage Loan Balance 168,116,952.04 Beginning Aggregate Mortgage Loan Count 2,434 Ending Aggregate Mortgage Loan Count 2,386 Current Weighted Average Coupon Rate 9.490742% Next Weighted Average Coupon Rate 9.499550% Mortgage Loan Principal Reduction Information: Trust B Scheduled Principal 265,257.01 Curtailments 21,387.85 Prepayments 3,795,919.05 Repurchases 0.00 Substitutions 0.00 Liquidation Proceeds 635,926.84 Other Principal 0.00 Less: Realized Losses 261,550.05 Total Principal Reduction 4,980,040.80 Servicer Information: Trust B Accrued Servicing Fee for the Current Period 72,014.76 Less: Amounts to Cover Interest Shortfalls 4,346.73 Less: Delinquent Service Fees 22,491.77 Collected Servicing Fees for Current Period: 45,176.26 Advanced Principal N/A Advanced Interest 427,128.80
Other Scheduled Interest Available Available Funds Prepayment Unscheduled Principal Carry Funds Cap Cap Carry Principal Principal Distribution Forward Current Forward Class Distributed Distributed Amount Amount Amount Amount Class B 3,795,919.05 657,314.69 4,002,389.05 - - - - - - - - Total 3,795,919.05 657,314.69 4,002,389.05 - - - Unpaid Realized Loss Amount Class B - - Has a Remaining Over- Accelerated Extra Over Trigger Event Pre-Funded Collateral Principal Principal Collateral Occurred Amount Amount Distributed Distributed Amount Trust B NO 0.00 13,324,873.10 0.00 0.00 12,608,771.40 Specified Over- Over- Collateral Collateral Deficit Amount Amount Trust B 12,608,771.40 0.00
Trust B Insured Payment 0.00 Pool Rolling six month delinquency rate 5.336545 Pool Cumulative Realized Losses 10,462,631.46 Book Value of REO loans 2,979,016.78 Cumulative Number of Mortgage loans repurchased to date 8 Unreimbursed Delinquent/Servicing Advances Paid Back to Servicer This Period 8,218.34 Unreimbursed Delinquent/Servicing Advances Paid Back to Certificateholder This Period 0.00 Unreimbursed Delinquent/Servicing Advances Still Outstanding 0.00
TOTAL AVAILABLE FUNDS: Current Interest Collected: 917,326.63 Principal Collected: 4,082,563.91 Insurance Proceeds Received: 0.00 Net Liquidation Proceeds: 374,376.79 Delinquency Advances on Mortgage Interest: 427,128.80 Delinquency Advances on Mortgage Principal NA Repurchase and Substitution Amounts: 0.00 Trust Termination Proceeds: 0.00 Investment Earnings on Note Account: 1,387.65 Capitalized Interest Requirement: 0.00 Capitalized Interest Account Earnings 0.00 Capitalized Interest Account 0.00 Reversal of Realized Loss Amount 0.00 Unreimbursed Delq/Servicing Advances Paid Back To Certificateholders 0.00 Sum of the Above Amounts: 5,802,783.78 LESS: Servicing Fees (including PPIS): 49,522.99 Non-Recoverable Advance 2,600.15 Indenture Trustee Fees: 1,008.21 Owner Trustee Fees: 277.78 Insurance Premiums: 17,280.31 Reimbursement of Delinquency Advances/Servicing Advances 8,218.34 Trust B Crossover 8,796.90 Total Reductions to Available Funds Amount: 87,704.68 Total Available Funds: 5,715,079.10
EXHIBIT 1 ADVANTA Mortgage Loan Trust 1998-4C Statement to Certificateholders
Original Prior Face Principal Class Value Balance Interest Principal Total C 100,000,000.00 30,285,249.81 63,893.46 1,538,014.61 1,601,908.07 C Certificate - - - - - Totals 100,000,000.00 30,285,249.81 63,893.46 1,538,014.61 1,601,908.07 Current Pass-Through Realized Deferred Principal Rates Class Losses Interest Balance Current Next C - - 28,747,235.20 2.450000% 2.400000% C Certificate - - - NA NA Totals - - 28,747,235.20 Prior Current Principal Principal Class CUSIP Balance Interest Principal Total Balance C 00755WGE0 302.852498 0.638935 15.380146 16.019081 287.472352 C Certificate 0.000000 0.000000 0.000000 0.000000 0.000000 Delinquent Loan Information: 90+ Days Loans Loans 30-59 60-89 excldg f/c,REO in in Days Days & Bkrptcy Bankruptcy REO Trust C Principal Balance 915,659.72 265,362.19 0.00 2,474,856.13 757,102.94 % of Pool Balance 2.82170% 0.81774% 0.00000% 7.62653% 2.33309% Number of Loans 11 3 0 28 9 % of Loans 2.75689% 0.75188% 0.00000% 7.01754% 2.25564% Loans in Foreclosure Trust C Principal Balance 2,962,356.52 % of Pool Balance 9.12881% Number of Loans 36 % of Loans 9.02256%
General Mortgage Loan Information: Trust C Beginning Aggregate Mortgage Loan Balance 33,935,525.70 Prefunding N/A Principal Reduction 1,484,909.22 Ending Aggregate Mortgage Loan Balance 32,450,616.48 Beginning Aggregate Mortgage Loan Count 415 Ending Aggregate Mortgage Loan Count 399 Current Weighted Average Coupon Rate 9.644851% Next Weighted Average Coupon Rate 9.663023% Mortgage Loan Principal Reduction Information: Trust C Scheduled Principal 25,925.99 Curtailments 1,826.37 Prepayments 1,133,313.88 Repurchases 0.00 Substitutions 0.00 Liquidation Proceeds 323,842.98 Other Principal 0.00 Less: Realized Losses 152,588.49 Total Principal Reduction 1,637,497.71 Servicer Information: Trust C Accrued Servicing Fee for the Current Period 14,139.81 Less: Amounts to Cover Interest Shortfalls 691.61 Less: Delinquent Service Fees 5,489.05 Collected Servicing Fees for Current Period: 7,959.15 Advanced Principal N/A Advanced Interest 101,909.49
Other Scheduled Interest Available Available Funds Prepayment Unscheduled Principal Carry Funds Cap Cap Carry Principal Principal Distribution Forward Current Forward Class Distributed Distributed Amount Amount Amount Amount Class C 1,133,313.88 325,669.25 1,332,320.73 - - - - - - - - - Unpaid Realized Loss Amount Class C - - Prior Current Has a Over- Accelerated Amounts Over Trigger Event Collateral Principal From Reserve Collateral Occurred Amount Distributed Fund Amount Trust C NO 3,650,275.89 190,038.85 15,655.03 3,703,381.28 Specified Over- Over- Collateral Collateral Deficit Amount Amount Trust C 3,703,381.28 0.00
Trust C Insured Payment 0.00 Pool Rolling six month delinquency rate 9.997875 Pool Cumulative Realized Losses 2,762,220.62 Book Value of REO loans 945,040.50 Cumulative Number of Mortgage loans repurchased to date 3 Unreimbursed Delinquent/Servicing Advances Paid Back to Servicer This Period 0.00 Unreimbursed Delinquent/Servicing Advances Paid Back to Certificateholder This Period 0.00 Unreimbursed Delinquent/Servicing Advances Still Outstanding 16,671.31
TOTAL AVAILABLE FUNDS: Current Interest Collected: 165,354.04 Principal Collected: 1,161,066.24 Insurance Proceeds Received: - Net Liquidation Proceeds: 171,254.49 Delinquency Advances on Mortgage Interest: 101,909.49 Delinquency Advances on Mortgage Principal NA Repurchase and Substitution Amounts: 0.00 Trust Termination Proceeds: 0.00 Investment Earnings on Note Account: 380.14 Unreimbursed Delq/Servicing Advances Paid Back to CertificateHolders - Trust A & B Crossover Amount 15,655.03 Sum of the Above Amounts: 1,615,619.43 LESS: Servicing Fees (including PPIS): 8,650.76 Non-Recoverable Advance 673.02 Indenture Trustee Fees: 197.96 Owner Trustee Fees: 277.78 Insurance Premiums: 3,911.84 Reimbursement of Delinquency Advances/Servicing Advances - Total Reductions to Available Funds Amount: 13,711.36 Total Available Funds: 1,601,908.07