-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KlU3xqsKyRC+BMP70DgE6NBEIXVd7rwc042Ji05alHh626Z0SfmJmc92OFFXc4Yq gDXAgETS61eEiS3XgKPAvw== 0001019965-01-500217.txt : 20020413 0001019965-01-500217.hdr.sgml : 20020413 ACCESSION NUMBER: 0001019965-01-500217 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010521 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20011221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANC ONE HELOC 1999-1 CENTRAL INDEX KEY: 0001091960 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 367282500 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-59845-01 FILM NUMBER: 1821817 BUSINESS ADDRESS: STREET 1: C/O THE FIRST NATIONAL BANK OF CHICAGO STREET 2: 9TH FL 1 N STATE STREET CITY: CHICAGO STATE: IL ZIP: 60670-0126 BUSINESS PHONE: 3124071902 MAIL ADDRESS: STREET 1: C/O FIRST NATIONAL BANK OF CHICAGO STREET 2: ONE FIRST NATIONAL PLAZA CITY: CHICAGO STATE: IL ZIP: 60670-0126 8-K 1 o1201.txt BANC 991 8K 12-01 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): December 20, 2001 BANC ONE HELOC TRUST 1999-1 (Exact name of registrant as specified in its charter) United States 333-59845-01 36-7282500 (State or Other (Commission File (I.R.S Employer Jurisdiction of Number) Identification Incorporation Number) c/o Bank One, National Association Corporate Trust Services Division - 1 N. State Street, 9th Floor Chicago IL (Address of Principal Executive Offices) 60670 (Zip Code) Registrant's telephone number, including area code: 312-336-9730 Item 5. Other Events On behalf of Banc One HELOC Trust 1999-1, a Trust created pursuant to the Pooling Agreement, dated May 31, 1999, the Paying Agent has caused to be filed with the Commission, the Monthly Report dated December 20, 2001. The Monthly Report is filed pursuant to and in accordance with (1) numerous no-action letters (2) current Commission policy in the area. The filing of the Monthly Report will occur subsequent to each monthly distribution to the holders of the Trust's Investor Certificates. A. Monthly Report Information: Aggregate distribution information for the current distribution date December 20, 2001. Principal Interest Ending Balance Cede & Co. $9,218,772.41 $522,897.39 $256,379,902.41 B. No delinquency in payment under the Transferor Certificate, or the MBIA Insurance Policy has occurred. C. Have any deficiencies occurred? NO. Date: Amount: D. Were any amounts paid or are any amounts payable under the MBIA Insurance Policy? NO Amount: E. Are there any developments with respect to the MBIA Insurance Policy? NONE. F. Item 1: Legal Proceedings: NONE G. Item 2: Changes in Securities: NONE H. Item 4: Submission of Matters to a Vote of Security Holders: NONE I. Item 5: Other Information - Items 1, 2, 4, 5 if applicable: NOT APPLICABLE Item 7. Monthly Statements and Exhibits Exhibit No. 1. Monthly Statement to Certificateholders dated December 20, 2001 Statement to Certificateholders (Page 1 of 2) Statement to Certificateholders (Page 1 of 2) Distribution Date: 12/20/01 INVESTOR CERTIFICATES DISTRIBUTION SUMMARY (PER $1000 ORIGINAL PRINCIPAL AMOUNT) A. INTEREST & PRINCIPAL DISTRIBUTIONS TO INVESTORS Investor Certificate Interest Distributed 1.045795 Investor Certificate Interest Shortfall Distributed 0.000000 Remaining Unpaid Investor Certificate Interest Shortfall 0.000000 Managed Amortization Period ? (Yes=1; No=0) 1 Investors Certificate Principal Distributed 18.437545 Principal Distribution Amount 18.133966 Maximum Principal Payment 27.172376 Alternative Principal Payment 18.133966 Principal Collections less Additional Balances 18.133966 Investor Loss Amount Distributed to Investors 0.257600 Accelerated Principal Distribution Amount 0.045979 Credit Enhancement Draw Amount 0.00 Total Amount Distributed to Certificateholders (P & I) 19.483340 B. INVESTOR CERTIFICATE PRINCIPAL BALANCE Beginning Investor Certificate Balance 265,598,674.82 Ending Investor Certificate Balance 256,379,902.41 Beginning Invested Amount 273,664,513.54 Ending Invested Amount 264,468,730.58 Investor Certificateholder Floating Allocation Percentage 96.4354% Pool Factor 0.5127598 Liquidation Loss Amount for Liquidated Loans 133,560.72 Unreimbursed Liquidation Loss Amount 0.00 C. POOL INFORMATION Beginning Pool Balance 283,780,138.40 Ending Pool Balance 274,579,594.54 Servicing Fee 118,241.72 D. INVESTOR CERTIFICATE RATE Investor Certificate Rate 2.362500% LIBOR Rate 2.102500% Maximum Rate 5.769673% E. DELINQUENCY & REO STATUS Delinquent 30-59 days No. of Accounts 131 Trust Balances 3,873,553.00 Delinquent 60-89 days No. of Accounts 53 Trust Balances 1,590,261.00 Delinquent 90+ days No. of Accounts 91 Trust Balances 3,167,230.00 Delinquent 9+ Months No. of Accounts 0 Trust Balances 0.00 REO No. of Accounts 0 Trust Balances 0.00 Statement to Certificateholders (Page 2 of 2) Distribution Date: 12/20/01 IN WITNESS WHEREOF, the undersigned has caused this Certificate to be duly executed and certifies to the best of her knowledge and belief that information is true and correct this 17th day of December, 2001 Bank One, N.A. as Servicer /s/ Tracie Klein _______________________________________ Tracie Klein Vice President Distribution List: " Keith Richardson - Bank One, N.A." SIGNATURES 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 thereunto duly authorized. BANC ONE HELOC TRUST 1999-1 By: /s/ Keith Richardson Name: Keith Richardson Dated December 20, 2001 -----END PRIVACY-ENHANCED MESSAGE-----