8-K 1 nvs01001.txt MAY 8K 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): May 25, 2001 NOVASTAR MORTGAGE FUNDING TRUST Home Equity Loan Asset-Backed Certificates, Series 2001-1 (Exact name of registrant as specified in its charter) New York (governing law of 333-50290-01 Pooling and Servicing Agreement) (Commission 52-2289292 (State or other File Number) 52-2289293 jurisdiction IRS EIN of Incorporation) 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 May 25, 2001 a distribution was made to holders of NOVASTAR MORTGAGE FUNDING TRUST, Home Equity Loan Asset-Backed Certificates, Series 2001-1 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 Certificates, Series 2001-1 Trust, relating to the May 25, 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. NOVASTAR MORTGAGE FUNDING TRUST Home Equity Loan Asset-Backed Certificates, Series 2001-1 By: Wells Fargo Bank Minnesota, N.A. as Certificate Administrator By: /s/ Sherri Sharps, Vice President By: Sherri Sharps, Vice President Date: 5/31/01 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Home Equity Loan Asset-Backed Certificates, Series 2001-1 Trust, relating to the May 25, 2001 distribution. EX-99.1

NOVASTAR MORTGAGE FUNDING TRUST Mortgage Pass-Through Certificates Record Date: ~~3/31/01~~ 4/2530/01 Distribution Date: 5/25/01 NVS 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) 846-8152 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-1 66987XAK1 SEN 54.~~33500~~78625% ~~385~~384,~~950~~032,~~000~~393.0063 1,~~544~~531,~~282~~729.4420 1,~~917~~935,~~606~~969.3768 M-1 66987XAL9 MEZ 5.~~70500~~15625% 8,300,000.00 35,~~513~~664.6306 0.00 M-2 66987XAM7 MEZ 65.~~40500~~85625% 8,300,000.00 3940,~~871~~505.1373 0.00 M-3 66987XAN5 MEZ 76.~~35500~~80625% 6,225,000.00 3435,~~338~~307.6642 0.00 A-IO 66987XAP0 IO 21.~~16520~~90370% 0.00 ~~748~~655,~~814~~327.8976 0.00 O 66987XAQ8 OC 0.00000% 6,225,000.00 0.00 0.00 RL NVS0101RL RL 0.00000% 0.00 0.00 0.00 RU NVS0101RU RU 0.00000% 0.00 0.00 0.00 P 66987XAR6 P 0.00000% 0.00 1420,~~722~~686.7823 0.00 Totals ~~415~~413,~~000~~082,~~000~~393.0063 2,~~417~~319,~~543~~220.5340 1,~~917~~935,~~606~~969.3768

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~384~~382,~~032~~096,~~393~~423.6395 3,~~461~~467,~~888~~698.8188 0.00 M-1 0.00 8,300,000.00 35,~~513~~664.6306 0.00 M-2 0.00 8,300,000.00 3940,~~871~~505.1373 0.00 M-3 0.00 6,225,000.00 3435,~~338~~307.6642 0.00 A-IO 0.00 0.00 ~~748~~655,~~814~~327.8976 0.00 O 0.00 6,225,000.00 0.00 0.00 RL 0.00 0.00 0.00 0.00 RU 0.00 0.00 0.00 0.00 P 0.00 0.00 1420,~~722~~686.7823 0.00 Totals 0.00 ~~413~~411,~~082~~146,~~393~~423.6395 4,~~335~~255,~~149~~190.9008 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1 385,950,000.00 ~~385~~384,~~950~~032,~~000~~393.0063 0.00 1,~~917~~935,~~606~~969.3768 0.00 0.00 M-1 8,300,000.00 8,300,000.00 0.00 0.00 0.00 0.00 M-2 8,300,000.00 8,300,000.00 0.00 0.00 0.00 0.00 M-3 6,225,000.00 6,225,000.00 0.00 0.00 0.00 0.00 A-IO 0.00 0.00 0.00 0.00 0.00 0.00 O 6,225,000.00 6,225,000.00 0.00 0.00 0.00 0.00 RL 0.00 0.00 0.00 0.00 0.00 0.00 RU 0.00 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 Totals 415,000,000.00 ~~415~~413,~~000~~082,~~000~~393.0063 0.00 1,~~917~~935,~~606~~969.3768 0.00 0.00 (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.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1 1,~~917~~935,~~606~~969.3768 ~~384~~382,~~032~~096,~~393~~423.6395 0.~~99503146~~99001535 1,~~917~~935,~~606~~969.3768 M-1 0.00 8,300,000.00 1.00000000 0.00 M-2 0.00 8,300,000.00 1.00000000 0.00 M-3 0.00 6,225,000.00 1.00000000 0.00 A-IO 0.00 0.00 0.00000000 0.00 O 0.00 6,225,000.00 1.00000000 0.00 RL 0.00 0.00 0.00000000 0.00 RU 0.00 0.00 0.00000000 0.00 P 0.00 0.00 0.00000000 0.00 Totals 1,~~917~~935,~~606~~969.3768 ~~413~~411,~~082~~146,~~393~~423.6395 0.~~99537926~~99071427 1,~~917~~935,~~606~~969.3768

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 385,950,000.00 ~~1000~~995.~~00000000~~03146426 0.00000000 45.~~96853574~~01611525 0.00000000 M-1 8,300,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 8,300,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 6,225,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 O 6,225,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 RL 0.00 0.00000000 0.00000000 0.00000000 0.00000000 RU 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 45.~~96853574~~01611525 ~~995~~990.~~03146426~~01534901 0.~~99503146~~99001535 45.~~96853574~~01611525 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 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 O 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 RL 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 RU 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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.

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 A-1 385,950,000.00 54.3478625% ~~385~~384,~~950~~032,~~000~~393.0063 1,~~544~~531,~~282~~729.4420 0.00 0.00 M-1 8,300,000.00 5.7115625% 8,300,000.00 35,~~513~~664.6306 0.00 0.00 M-2 8,300,000.00 65.4185625% 8,300,000.00 3940,~~871~~505.1373 0.00 0.00 M-3 6,225,000.00 76.3680625% 6,225,000.00 3435,~~338~~307.6642 0.00 0.00 A-IO 0.00 21.1790370% ~~415~~413,~~000~~082,~~000~~393.0063 ~~748~~655,~~814~~327.8976 0.00 0.00 O 6,225,000.00 0.0000000% 6,225,000.00 0.00 0.00 0.00 RL 0.00 0.0000000% 0.00 0.00 0.00 0.00 RU 0.00 0.0000000% 0.00 0.00 0.00 0.00 P 0.00 0.0000000% 0.00 0.00 0.00 0.00 Totals 415,000,000.00 2,~~402~~298,~~820~~534.7517 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 A-1 0.00 0.00 1,~~544~~531,~~282~~729.4420 0.00 ~~384~~382,~~032~~096,~~393~~423.6395 M-1 0.00 0.00 35,~~513~~664.6306 0.00 8,300,000.00 M-2 0.00 0.00 3940,~~871~~505.1373 0.00 8,300,000.00 M-3 0.00 0.00 3435,~~338~~307.6642 0.00 6,225,000.00 A-IO 0.00 0.00 ~~748~~655,~~814~~327.8976 0.00 ~~413~~411,~~082~~146,~~393~~423.6395 O 0.00 0.00 0.00 0.00 6,225,000.00 RL 0.00 0.00 0.00 0.00 0.00 RU 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 1420,~~722~~686.7823 0.00 0.00 Totals 0.00 0.00 2,~~417~~319,~~543~~220.5340 0.00 (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.

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 A-1 385,950,000.00 54.~~33500~~78625% ~~1000~~995.~~00000000~~03146426 43.~~00125001~~96872445 0.00000000 0.00000000 M-1 8,300,000.00 5.~~70500~~15625% 1000.00000000 4.~~27875060~~29687470 0.00000000 0.00000000 M-2 8,300,000.00 65.~~40500~~85625% 1000.00000000 4.~~80375060~~88020843 0.00000000 0.00000000 M-3 6,225,000.00 76.~~35500~~80625% 1000.00000000 5.~~51625060~~67187470 0.00000000 0.00000000 A-IO 0.00 21.~~16520~~90370% ~~1000~~995.~~00000000~~37926176 1.~~80437323~~57910304 0.00000000 0.00000000 O 6,225,000.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 RL 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 RU 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1 0.00000000 0.00000000 43.~~00125001~~96872445 0.00000000 ~~995~~990.~~03146426~~01534901 M-1 0.00000000 0.00000000 4.~~27875060~~29687470 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 4.~~80375060~~88020843 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 5.~~51625060~~67187470 0.00000000 1000.00000000 A-IO 0.00000000 0.00000000 1.~~80437323~~57910304 0.00000000 ~~995~~990.~~37926176~~71427458 O 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 RL 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 RU 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 4,~~617~~656,~~734~~016.1116 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Total Deposits 4,~~617~~656,~~734~~016.1116 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~282~~400,~~584~~826.2108 Payment of Interest and Principal 4,~~335~~255,~~149~~190.9008 Total Withdrawals (Pool Distribution Amount) 4,~~617~~656,~~734~~016.1116 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 90123,~~055~~551.4387 Wells Fargo bank 1,~~145~~605.2162 MI Premiums ~~191~~275,~~383~~668.5759 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~282~~400,~~584~~826.2108

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of ~~Loan~~Loans No of ~~Loan~~Loans No of ~~Loan~~Loans No of ~~Loan~~Loans No of ~~Loan~~Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 ~~Day~~Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 3611 0 0 0 3611 41,~~113~~332,~~165~~567.3336 0.00 0.00 0.00 41,~~113~~332,~~165~~567.3336 60 Days 43 0 0 0 43 ~~466~~201,~~350~~775.3026 0.00 0.00 0.00 ~~466~~201,~~350~~775.3026 90 Days 31 0 0 0 31 ~~177~~85,~~240~~500.9300 0.00 0.00 0.00 ~~177~~85,~~240~~500.9300 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ ~~Day~~Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 4315 0 0 0 4315 41,~~756~~619,~~756~~842.5662 0.00 0.00 0.00 41,~~756~~619,~~756~~842.5662 No of ~~Loan~~Loans No of ~~Loan~~Loans No of ~~Loan~~Loans No of ~~Loan~~Loans No of ~~Loan~~Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 ~~Day~~Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 20.~~100350~~460829% 0.000000% 0.000000% 0.000000% 20.~~100350~~460829% 10.~~962652~~452334% 0.000000% 0.000000% 0.000000% 10.~~962652~~452334% 60 Days 0.~~233372~~125681% 0.000000% 0.000000% 0.000000% 0.~~233372~~125681% 0.~~222525~~068492% 0.000000% 0.000000% 0.000000% 0.~~222525~~068492% 90 Days 0.~~175029~~041894% 0.000000% 0.000000% 0.000000% 0.~~175029~~041894% 0.~~084573~~029023% 0.000000% 0.000000% 0.000000% 0.~~084573~~029023% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ ~~Day~~Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 20.~~508751~~628404% 0.000000% 0.000000% 0.000000% 20.~~508751~~628404% 20.~~269750~~549848% 0.000000% 0.000000% 0.000000% 20.~~269750~~549848%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 No of ~~Loan~~Loans No of ~~Loan~~Loans No of ~~Loan~~Loans No of ~~Loan~~Loans No of ~~Loan~~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 257 0 0 0 257 3576,~~087,200~~693.3347 0.00 0.00 0.00 3576,~~087,200~~693.3347 60 Days 2 0 0 0 2 ~~239~~142,~~000~~800.00 0.00 0.00 0.00 ~~239~~142,~~000~~800.00 90 Days 31 0 0 0 31 ~~177~~85,~~240~~500.9300 0.00 0.00 0.00 ~~177~~85,~~240~~500.9300 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 3010 0 0 0 3010 3804,~~503,441~~993.2647 0.00 0.00 0.00 3804,~~503,441~~993.2647 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~882530~~382514% 0.000000% 0.000000% 0.000000% 10.~~882530~~382514% 10.~~825046~~243747% 0.000000% 0.000000% 0.000000% 10.~~825046~~243747% 60 Days 0.~~150602~~109290% 0.000000% 0.000000% 0.000000% 0.~~150602~~109290% 0.~~141289~~060356% 0.000000% 0.000000% 0.000000% 0.~~141289~~060356% 90 Days 0.~~225904~~054645% 0.000000% 0.000000% 0.000000% 0.~~225904~~054645% 0.~~104779~~036138% 0.000000% 0.000000% 0.000000% 0.~~104779~~036138% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 20.~~259036~~546448% 0.000000% 0.000000% 0.000000% 20.~~259036~~546448% 20.~~071113~~340242% 0.000000% 0.000000% 0.000000% 20.~~071113~~340242% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 No of ~~Loan~~Loans No of ~~Loan~~Loans No of ~~Loan~~Loans No of ~~Loan~~Loans No of ~~Loan~~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 114 0 0 0 114 1755,~~025,965~~873.0089 0.00 0.00 0.00 1755,~~025,965~~873.0089 60 Days 21 0 0 0 21 ~~227~~58,~~350~~975.3026 0.00 0.00 0.00 ~~227~~58,~~350~~975.3026 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 135 0 0 0 135 1814,~~253,315~~849.3015 0.00 0.00 0.00 1814,~~253,315~~849.3015 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 20.~~849741~~718133% 0.000000% 0.000000% 0.000000% 20.~~849741~~718133% 21.~~538610~~303150% 0.000000% 0.000000% 0.000000% 21.~~538610~~303150% 60 Days 0.~~518135~~179533% 0.000000% 0.000000% 0.000000% 0.~~518135~~179533% 0.~~562547~~101675% 0.000000% 0.000000% 0.000000% 0.~~562547~~101675% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 30.~~367876~~897666% 0.000000% 0.000000% 0.000000% 30.~~367876~~897666% 31.~~101157~~404825% 0.000000% 0.000000% 0.000000% 31.~~101157~~404825%

COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 10.~~566667~~440115% Weighted Average Net Coupon 89.~~969244~~388646% Weighted Average Pass-Through Rate 89.~~962744~~382146% Weighted Average Maturity(Stepdown Calculation ) ~~358~~357 Beginning Scheduled Collateral Loan Count 1,~~726~~714 Number Of Loans Paid In Full 12(673) Ending Scheduled Collateral Loan Count 12,~~714~~387 Beginning Scheduled Collateral Balance ~~415~~209,~~000~~502,~~000~~109.0007 Ending Scheduled Collateral Balance ~~209~~294,~~502~~492,~~109~~703.0714 Ending Actual Collateral Balance at 3130-~~Mar~~Apr-22001 ~~209~~294,~~571~~598,~~851~~254.1257 Monthly P &I Constant 12,~~952~~712,~~333~~566.6395 Ending Scheduled Balance for Premium Loans ~~209~~294,~~502~~492,~~109~~703.0714 Scheduled Principal 90133,~~665~~609.4915 Unscheduled Principal 1,~~826~~802,~~940~~360.8853

Credit Enhancement Percent 7.0003%

Filing Compare · NOVASTAR MORTGAGE FUNDING TRUST SERIES 2001-1