8-K 1 dfc01001.txt DECEMBER 8-K 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): December 17, 2001 DELTA FUNDING CORPORATION Home Equity Loan Asset-Backed Certs., Series 2001-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-03418 Pending Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) jurisdiction 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 December 17, 2001 a distribution was made to holders of DELTA FUNDING CORPORATION, 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 December 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. DELTA FUNDING CORPORATION Home Equity Loan Asset-Backed Certs., Series 2001-1 Trust By: Wells Fargo Bank Minnesota, NA, as Trustee By: /s/ Beth Belfield, Officer By: Beth Belfield, Officer Date: 12/27/01 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 December 17, 2001 distribution. EX-99.1

Delta Funding Corporatoin Mortgage Pass-Through Certificates Record Date: 1011/3130/~~2001~~01 Distribution Date: 1112/1517/~~2001~~01 DFC 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 A-1 X4763LGB0 SEN 6.33200% 9997,~~196~~276,~~262~~955.1299 ~~523~~513,~~425~~298.6107 1,~~919~~646,~~306~~716.1499 A-2 X4763LGC8 SEN 6.12200% 3433,~~184~~513,~~582~~940.6197 ~~174~~170,~~398~~976.3596 ~~670~~791,~~641~~546.6485 IO X4763LGH7 IO 7.00000% 0.00 ~~307~~280,~~125~~875.00 0.00 M-1 X4763LGK0 MEZ 3.~~62500~~18000% 9,900,000.00 3027,~~903~~984.1200 0.00 M-2 X4763LGL8 MEZ 43.~~27500~~83000% 7,837,000.00 2826,~~849~~680.9663 0.00 B X4763LGM6 SUB 65.~~02500~~58000% 6,600,000.00 3432,~~242~~736.0800 0.00 BIO DFH011BIO SUB 0.00000% 0.00 069.0095 0.00 OC DFH0102OC SUB 0.00000% 1,~~056~~349,~~916~~459.7794 0.00 0.00 R-1 DFH0102R1 RES 0.00000% 0.00 0.00 0.00 R-2 DFH0102R2 RES 0.00000% 0.00 0.00 0.00 R-3 DFH0102R3 RES 0.00000% 0.00 0.00 0.00 Totals ~~158~~156,~~774~~477,~~761~~356.5090 1,~~098~~052,~~944~~620.1261 2,~~589~~438,~~947~~263.7884

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 9795,~~276~~630,~~955~~238.99 2,~~442~~160,~~731~~015.7506 0.00 A-2 0.00 3332,~~513~~722,~~940~~394.9712 ~~845~~962,~~039~~523.9981 0.00 IO 0.00 0.00 ~~307~~280,~~125~~875.00 0.00 M-1 0.00 9,900,000.00 3027,~~903~~984.1200 0.00 M-2 0.00 7,837,000.00 2826,~~849~~680.9663 0.00 B 0.00 6,600,000.00 3432,~~242~~736.0800 0.00 BIO 0.00 0.00 069.0095 0.00 OC 0.00 1,~~349~~643,~~459~~588.9456 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 Totals 0.00 ~~156~~154,~~477~~333,~~356~~221.9067 3,~~688~~490,~~891~~884.9045 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-1 105,497,000.00 9997,~~196~~276,~~262~~955.1299 9081,~~492~~457.4877 1,~~828~~565,~~813~~259.6522 0.00 0.00 A-2 35,166,000.00 3433,~~184~~513,~~582~~940.6197 3139,~~619~~155.7827 ~~639~~752,~~021~~391.8758 0.00 0.00 IO 0.00 0.00 0.00 0.00 0.00 0.00 M-1 9,900,000.00 9,900,000.00 0.00 0.00 0.00 0.00 M-2 7,837,000.00 7,837,000.00 0.00 0.00 0.00 0.00 B 6,600,000.00 6,600,000.00 0.00 0.00 0.00 0.00 BIO 0.00 0.00 0.00 0.00 0.00 0.00 OC 0.00 1,~~056~~349,~~916~~459.7794 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 Totals 165,000,000.00 ~~158~~156,~~774~~477,~~761~~356.5090 ~~122~~120,~~112~~613.2604 2,~~467~~317,~~835~~650.5280 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,~~919~~646,~~306~~716.1499 9795,~~276~~630,~~955~~238.99 0.~~92208268~~90647354 1,~~919~~646,~~306~~716.1499 A-2 ~~670~~791,~~641~~546.6485 3332,~~513~~722,~~940~~394.9712 0.~~95302113~~93051226 ~~670~~791,~~641~~546.6485 IO 0.00 0.00 0.00000000 0.00 M-1 0.00 9,900,000.00 1.00000000 0.00 M-2 0.00 7,837,000.00 1.00000000 0.00 B 0.00 6,600,000.00 1.00000000 0.00 BIO 0.00 0.00 0.00000000 0.00 OC 0.00 1,~~349~~643,~~459~~588.9456 0.00000000 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 Totals 2,~~589~~438,~~947~~263.7884 ~~156~~154,~~477~~333,~~356~~221.9067 0.~~94834762~~93535286 2,~~589~~438,~~947~~263.7884

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 105,497,000.00 ~~940~~922.~~27566774~~08267524 0.~~85777302~~77213352 1714.~~33521948~~83700219 0.00000000 A-2 35,166,000.00 ~~972~~953.~~09186743~~02112751 01.~~89915771~~11344111 1821.~~17158249~~39542683 0.00000000 IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M-1 9,900,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 7,837,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 6,600,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 BIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.00 0.00000000 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 (2) All Classes are per $1,000 denomination.

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 1815.~~19299260~~60913571 ~~922~~906.~~08267524~~47353944 0.~~92208268~~90647354 1815.~~19299260~~60913571 A-2 0.00000000 1922.~~07073992~~50886794 ~~953~~930.~~02112751~~51225957 0.~~95302113~~93051226 1922.~~07073992~~50886794 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 0.00000000 0.00000000 0.00000000 OC 0.00000000 0.00000000 0.00000000 0.00000000 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 (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-1 105,497,000.00 6.33200% 9997,~~196~~276,~~262~~955.1299 ~~523~~513,~~425~~298.6107 0.00 0.00 A-2 35,166,000.00 6.12200% 3433,~~184~~513,~~582~~940.6197 ~~174~~170,~~398~~976.3596 0.00 0.00 IO 0.00 7.00000% 5248,~~650~~150,000.00 ~~307~~280,~~125~~875.00 0.00 0.00 M-1 9,900,000.00 3.~~62500~~18000% 9,900,000.00 3027,~~903~~984.1300 0.00 0.00 M-2 7,837,000.00 43.~~27500~~83000% 7,837,000.00 2826,~~849~~680.9663 0.00 0.00 B 6,600,000.00 65.~~02500~~58000% 6,600,000.00 3432,~~242~~736.0800 0.00 0.00 BIO 0.00 0.00000% 0.00 0.00 0.00 0.00 OC 0.00 0.00000% 1,~~056~~349,~~916~~459.7794 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 Totals 165,000,000.00 1,~~098~~052,~~944~~550.1366 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 ~~523~~513,~~425~~298.6107 0.00 9795,~~276~~630,~~955~~238.99 A-2 0.00 0.00 ~~174~~170,~~398~~976.3596 0.00 3332,~~513~~722,~~940~~394.9712 IO 0.00 0.00 ~~307~~280,~~125~~875.00 0.00 48,150,000.00 M-1 0.00 0.00 3027,~~903~~984.1200 0.00 9,900,000.00 M-2 0.00 0.00 2826,~~849~~680.9663 0.00 7,837,000.00 B 0.00 0.00 3432,~~242~~736.0800 0.00 6,600,000.00 BIO 0.00 0.00 069.0095 0.00 0.00 OC 0.00 0.00 0.00 0.00 1,~~349~~643,~~459~~588.9456 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 Totals 0.00 0.00 1,~~098~~052,~~944~~620.1261 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-1 105,497,000.00 6.33200% ~~940~~922.~~27566774~~08267524 4.~~96152128~~86552291 0.00000000 0.00000000 A-2 35,166,000.00 6.12200% ~~972~~953.~~09186743~~02112751 4.~~95928880~~86199625 0.00000000 0.00000000 IO 0.00 7.00000% ~~943~~862.~~54838710~~90322581 5.~~50403226~~03360215 0.00000000 0.00000000 M-1 9,900,000.00 3.~~62500~~18000% 1000.00000000 32.~~12152828~~82666667 0.00000000 0.00000000 M-2 7,837,000.00 43.~~27500~~83000% 1000.00000000 3.~~68125048~~40444430 0.00000000 0.00000000 B 6,600,000.00 65.~~02500~~58000% 1000.00000000 54.~~18819394~~96000000 0.00000000 0.00000000 BIO 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.00 0.00000% 0.00000000 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 (5) All Classes are per $1,000 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 4.~~96152128~~86552291 0.00000000 ~~922~~906.~~08267524~~47353944 A-2 0.00000000 0.00000000 4.~~95928880~~86199625 0.00000000 ~~953~~930.~~02112751~~51225957 IO 0.00000000 0.00000000 5.~~50403226~~03360215 0.00000000 862.90322581 M-1 0.00000000 0.00000000 32.~~12152727~~82666667 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 3.~~68125048~~40444430 0.00000000 1000.00000000 B 0.00000000 0.00000000 54.~~18819394~~96000000 0.00000000 1000.00000000 BIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.00000000 0.00000000 0.00000000 0.00000000 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 (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 3,~~788~~614,~~656~~731.2178 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0(25,581.0057) Prepayment Penalties 0.00 Total Deposits 3,~~788~~589,~~656~~150.21 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 9998,~~764~~265.3176 Payment of Interest and Principal 3,~~688~~490,~~891~~884.9045 Total Withdrawals (Pool Distribution Amount) 3,~~788~~589,~~656~~150.21 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 8684,~~002~~758.9957 FSA Premium 1110,~~115~~899.0724 ~~Special Servicing Fee 0.00~~ Trustee Fee - Wells Fargo Bank, N.A. 2,~~646~~607.2595 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 9998,~~764~~265.3176

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 5,000.00 069.0095 069.0095 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 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 25 0 0 25 ~~271~~549,~~471~~591.9426 0.00 0.00 ~~271~~549,~~471~~591.9426 30 Days ~~170~~165 23 0 0 ~~172~~168 1210,~~264~~594,~~504~~054.6356 ~~120~~133,~~394~~872.0940 0.00 0.00 1210,~~384~~727,~~898~~926.7296 60 Days 5456 13 118 0 6667 34,~~155~~178,~~909~~115.8089 19155,~~949~~306.7167 ~~672~~805,~~928~~187.5169 0.00 35,~~848~~138,~~788~~610.0225 90 Days 1411 02 3026 0 4439 ~~800~~774,~~599~~346.9038 052,150.0001 1,~~802~~763,~~754~~973.6174 0.00 2,~~603~~590,~~354~~470.5113 120 Days 59 2 7084 06 77101 ~~241~~415,~~589~~556.0161 ~~100~~110,~~883~~841.4708 45,~~545~~484,~~839~~622.0306 0224,483.0047 46,~~888~~235,~~311~~503.5122 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 ~~243~~241 715 ~~111~~118 06 ~~361~~380 1615,~~462~~962,~~603~~073.3444 ~~512~~1,~~699~~001,761.2142 78,~~021~~053,~~522~~783.1549 0224,483.0047 2325,~~996~~242,~~824~~101.7082 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.~~097704~~247647% 0.000000% 0.000000% 0.~~097704~~247647% 0.~~173432~~355433% 0.000000% 0.000000% 0.~~173432~~355433% 30 Days 8.~~304836~~172363% 0.~~097704~~148588% 0.000000% 0.000000% 8.~~402540~~320951% 76.~~835293~~851413% 0.~~076915~~086578% 0.000000% 0.000000% 76.~~912207~~937992% 60 Days 2.~~638007~~773650% 0.~~048852~~148588% 0.~~537372~~396236% 0.000000% 3.~~224231~~318474% 2.~~016182~~702081% 0.~~012745~~100440% 0.~~429907~~520733% 0.000000% 23.~~458834~~323255% 90 Days 0.~~683928~~544824% 0.~~000000~~099059% 1.~~465559~~287766% 0.000000% 21.~~149487~~931649% 0.~~511471~~500787% 0.~~000000~~033727% 1.~~151707~~140801% 0.000000% 1.~~663177~~675315% 120 Days 0.~~244260~~445765% 0.~~097704~~099059% 34.~~419638~~160475% 0.~~000000~~297177% 35.~~761602~~002476% 0.~~154341~~268750% 0.~~064450~~071683% 23.~~904151~~547028% 0.~~000000~~145179% 34.~~122943~~032640% 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 11.~~871031~~936602% 0.~~341964~~742942% 5.~~422570~~844477% 0.~~000000~~297177% 1718.~~635564~~821199% 10.~~517287~~323032% 0.~~327543~~647862% 45.~~485765~~208563% 0.~~000000~~145179% 1516.~~330594~~324635% ~~(7) The 120 day category for delinquent, bankruptcy, foreclosure, and REO contains loans that are 120 or more days delinquent.~~

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 11.~~270695~~277235% Weighted Average Net Coupon 10.~~620696~~627235% Weighted Average Pass-Through Rate 10.~~600695~~523650% Weighted Average Maturity(Stepdown Calculation ) ~~321~~320 Beginning Scheduled Collateral Loan Count 2,~~068~~047 Number Of Loans Paid In Full 2128 Ending Scheduled Collateral Loan Count 2,~~047~~019 Beginning Scheduled Collateral Balance ~~158~~156,~~774~~477,~~761~~356.5089 Ending Scheduled Collateral Balance ~~156~~154,~~477~~333,~~356~~221.8967 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2001 ~~156~~154,~~528~~625,~~993~~830.9015 Monthly P &I Constant 1,~~613~~591,~~363~~139.8664 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 025,581.0057 Cumulative Realized Loss 025,581.0057 Ending Scheduled Balance for Premium Loans ~~156~~154,~~477~~333,~~356~~221.8967 Scheduled Principal ~~122~~120,~~112~~613.2604 Unscheduled Principal 2,~~175~~023,~~292~~522.3518 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount ~~292~~319,~~543~~710.1719 Overcollateralized reduction Amount 0.00 Specified O/C Amount 4,537,500.00 Overcollateralized Amount 1,~~349~~643,~~459~~588.9456 Overcollateralized Deficiency Amount 3,~~480~~213,~~583~~621.2363 Base Overcollateralized Amount 0.00 Extra principal distribution Amount ~~292~~319,~~543~~710.1719 Excess Cash Amount ~~292~~319,~~543~~710.1719

Curtailments $1923,~~976~~382.9425 Cumulative Loss Event No

Group Level Collateral Statement Group 1 2 Total Collateral Description Mixed Fixed Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 11.~~395115~~401191 10.~~906163~~913936 11.~~270695~~277235 Weighted Average Net Rate 10.~~745115~~751191 10.~~256163~~263936 10.~~620696~~627235 Weighted Average Maturity ~~312~~311 ~~347~~346 ~~321~~320 Beginning Loan Count 1,~~576~~562 ~~492~~485 2,~~068~~047 Loans Paid In Full 1422 76 2128 Ending Loan Count 1,~~562~~540 ~~485~~479 2,~~047~~019 Beginning Scheduled Balance ~~118~~116,~~372~~670,~~522~~008.3822 4039,~~402~~807,~~239~~348.1267 ~~158~~156,~~774~~477,~~761~~356.5089 Ending scheduled Balance ~~116~~115,~~670~~213,~~008~~630.2259 39,~~807~~119,~~348~~591.6708 ~~156~~154,~~477~~333,~~356~~221.8967 Record Date 1011/3130/2001 1011/3130/2001 1011/3130/2001 Principal And Interest Constant 1,~~227~~210,~~924~~930.2371 ~~385~~380,~~439~~208.6393 1,~~613~~591,~~363~~139.8664 Scheduled Principal ~~103~~102,~~867~~449.1481 18,~~245~~163.1223 ~~122~~120,~~112~~613.2604 Unscheduled Principal 1,~~598~~353,~~647~~927.0282 ~~576~~669,~~645~~594.3336 2,~~175~~023,~~292~~522.3518 Scheduled Interest 1,~~124~~108,~~057~~480.0990 ~~367~~362,~~194~~045.5170 1,~~491~~470,~~251~~526.60 Servicing Fees 6463,~~118~~196.4426 21,~~884~~562.5531 8684,~~002~~758.9957 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 1,~~972~~944.8850 ~~673~~663.3745 2,~~646~~607.2595 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 1,~~057~~043,~~965~~340.7714 ~~344~~339,~~636~~819.5994 1,~~402~~383,~~602~~160.3608 Realized Loss Amount 025,581.0057 0.00 025,581.0057 Cumulative Realized Loss 025,581.0057 0.00 025,581.0057 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 10.~~725115~~647813 10.~~236163~~159745 10.~~600695~~523650

Filing Compare · DELTA FUNDING CORP HOME EQUITY LOAN ASSET BK CERT SER 2001-1