8-K 1 cwt01001.txt FEBRUARY 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): February 11, 2002 COUNTRYWIDE HOME LOAN TRUST Home Equity Loan Asset-Backed Certs., Series 2001-HLV1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-40145-11 Pooling and Servicing Agreement) (Commission 51-6520756 (State or other File Number) IRS EIN 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 February 11, 2002 a distribution was made to holders of COUNTRYWIDE HOME LOAN TRUST, Home Equity Loan Asset-Backed Certs., Series 2001-HLV1 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-HLV1 Trust, relating to the February 11, 2002 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. COUNTRYWIDE HOME LOAN TRUST Home Equity Loan Asset-Backed Certs., Series 2001-1 Trust By: Wells Fargo Bank Minnesota, N.A. as Indenture Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 2/21/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Home Equity Loan Asset-Backed Certs., Series 2001-HLV1 Trust, relating to the February 11, 2002 distribution. EX-99.1

Countrywide Home Loan Trust Mortgage Pass-Through Certificates Record Date: 1/1/00 Distribution Date: 12/1011/02 CWT 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 22237WAA6 SEN 5.91300% 2214,~~123~~823,~~865~~356.2341 ~~109~~73,~~015~~042.3509 78,~~300~~152,~~508~~983.8385 A-2 22237WAB4 SEN 6.34100% 28,149,000.00 148,744.01 0.00 A-3 22237WAC2 SEN 6.66400% 4,768,000.00 26,478.29 0.00 A-4 22237WAD0 SEN 6.94600% 11,812,000.00 68,371.79 0.00 A-5 22237WAE8 SEN 7.19700% 6,227,000.00 37,346.43 0.00 M-1 22237WAF5 SUB 7.66900% 22,746,000.00 145,365.89 0.00 M-2 22237WAG3 SUB 7.91300% 15,922,000.00 104,992.32 0.00 B-1 22237WAH1 SUB 9.38500% 15,922,000.00 124,523.31 0.00 B-2 22237WAJ7 SUB 9.00000% 5,687,000.00 42,652.50 0.00 OC CWT0101OC OC 0.00000% 16,~~464~~859,~~960~~250.7675 37217,~~645~~301.1047 0.00 Totals ~~149~~142,~~821~~915,~~825~~607.9916 ~~845~~988,~~134~~818.9910 78,~~300~~152,~~508~~983.8385

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 146,~~823~~670,~~356~~372.4155 78,~~409~~226,~~524~~025.1894 0.00 A-2 0.00 28,149,000.00 148,744.01 0.00 A-3 0.00 4,768,000.00 26,478.29 0.00 A-4 0.00 11,812,000.00 68,371.79 0.00 A-5 0.00 6,227,000.00 37,346.43 0.00 M-1 0.00 22,746,000.00 145,365.89 0.00 M-2 0.00 15,922,000.00 104,992.32 0.00 B-1 0.00 15,922,000.00 124,523.31 0.00 B-2 0.00 5,687,000.00 42,652.50 0.00 OC 0.00 1617,~~859~~059,~~250~~278.75 37217,~~645~~301.1047 0.00 Totals 0.00 ~~142~~134,~~915~~962,~~607~~651.1630 89,~~145~~141,~~643~~801.8295 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-1 103,718,000.00 2214,~~123~~823,~~865~~356.2341 0.00 78,~~300~~152,~~508~~983.8385 0.00 0.00 A-2 28,149,000.00 28,149,000.00 0.00 0.00 0.00 0.00 A-3 4,768,000.00 4,768,000.00 0.00 0.00 0.00 0.00 A-4 11,812,000.00 11,812,000.00 0.00 0.00 0.00 0.00 A-5 6,227,000.00 6,227,000.00 0.00 0.00 0.00 0.00 M-1 22,746,000.00 22,746,000.00 0.00 0.00 0.00 0.00 M-2 15,922,000.00 15,922,000.00 0.00 0.00 0.00 0.00 B-1 15,922,000.00 15,922,000.00 0.00 0.00 0.00 0.00 B-2 5,687,000.00 5,687,000.00 0.00 0.00 0.00 0.00 OC 12,511,788.49 16,~~464~~859,~~960~~250.7675 0.00 0.00 0.00 0.00 Totals 227,462,788.49 ~~149~~142,~~821~~915,~~825~~607.9916 0.00 78,~~300~~152,~~508~~983.8385 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 78,~~300~~152,~~508~~983.8385 146,~~823~~670,~~356~~372.4155 0.~~14291981~~06431258 78,~~300~~152,~~508~~983.8385 A-2 0.00 28,149,000.00 1.00000000 0.00 A-3 0.00 4,768,000.00 1.00000000 0.00 A-4 0.00 11,812,000.00 1.00000000 0.00 A-5 0.00 6,227,000.00 1.00000000 0.00 M-1 0.00 22,746,000.00 1.00000000 0.00 M-2 0.00 15,922,000.00 1.00000000 0.00 B-1 0.00 15,922,000.00 1.00000000 0.00 B-2 0.00 5,687,000.00 1.00000000 0.00 OC 0.00 1617,~~859~~059,~~250~~278.75 1.~~34746929~~36345645 0.00 Totals 78,~~300~~152,~~508~~983.8385 ~~142~~134,~~915~~962,~~607~~651.1630 0.~~62830324~~59333947 78,~~300~~152,~~508~~983.8385

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 103,718,000.00 ~~213~~142.~~30786585~~91980572 0.00000000 7078.~~38806022~~60722199 0.00000000 A-2 28,149,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-3 4,768,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-4 11,812,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-5 6,227,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 22,746,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 15,922,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 15,922,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 5,687,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 OC 12,511,788.49 ~~1315~~1347.~~95581025~~46928974 0.00000000 0.00000000 0.00000000 (2) All classes are per $1000 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 7078.~~38806022~~60722199 ~~142~~64.~~91980572~~31258364 0.~~14291981~~06431258 7078.~~38806022~~60722199 A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 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-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 OC 0.00000000 0.00000000 1,~~347~~363.~~46928974~~45645258 1.~~34746929~~36345645 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-1 103,718,000.00 5.91300% 2214,~~123~~823,~~865~~356.2341 ~~109~~73,~~015~~042.3509 0.00 0.00 A-2 28,149,000.00 6.34100% 28,149,000.00 148,744.01 0.00 0.00 A-3 4,768,000.00 6.66400% 4,768,000.00 26,478.29 0.00 0.00 A-4 11,812,000.00 6.94600% 11,812,000.00 68,371.79 0.00 0.00 A-5 6,227,000.00 7.19700% 6,227,000.00 37,346.43 0.00 0.00 M-1 22,746,000.00 7.66900% 22,746,000.00 145,365.89 0.00 0.00 M-2 15,922,000.00 7.91300% 15,922,000.00 104,992.32 0.00 0.00 B-1 15,922,000.00 9.38500% 15,922,000.00 124,523.31 0.00 0.00 B-2 5,687,000.00 9.00000% 5,687,000.00 42,652.50 0.00 0.00 OC 12,511,788.49 0.00000% 16,~~464~~859,~~960~~250.7675 0.00 0.00 0.00 Totals 227,462,788.49 ~~807~~771,~~489~~516.8963 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 ~~109~~73,~~015~~042.3509 0.00 146,~~823~~670,~~356~~372.4155 A-2 0.00 0.00 148,744.01 0.00 28,149,000.00 A-3 0.00 0.00 26,478.29 0.00 4,768,000.00 A-4 0.00 0.00 68,371.79 0.00 11,812,000.00 A-5 0.00 0.00 37,346.43 0.00 6,227,000.00 M-1 0.00 0.00 145,365.89 0.00 22,746,000.00 M-2 0.00 0.00 104,992.32 0.00 15,922,000.00 B-1 0.00 0.00 124,523.31 0.00 15,922,000.00 B-2 0.00 0.00 42,652.50 0.00 5,687,000.00 OC 0.00 0.00 37217,~~645~~301.1047 0.00 1617,~~859~~059,~~250~~278.75 Totals 0.00 0.00 ~~845~~988,~~134~~818.9910 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-1 103,718,000.00 5.91300% ~~213~~142.~~30786585~~91980572 10.~~05107455~~70423736 0.00000000 0.00000000 A-2 28,149,000.00 6.34100% 1000.00000000 5.28416676 0.00000000 0.00000000 A-3 4,768,000.00 6.66400% 1000.00000000 5.55333263 0.00000000 0.00000000 A-4 11,812,000.00 6.94600% 1000.00000000 5.78833305 0.00000000 0.00000000 A-5 6,227,000.00 7.19700% 1000.00000000 5.99749960 0.00000000 0.00000000 M-1 22,746,000.00 7.66900% 1000.00000000 6.39083311 0.00000000 0.00000000 M-2 15,922,000.00 7.91300% 1000.00000000 6.59416656 0.00000000 0.00000000 B-1 15,922,000.00 9.38500% 1000.00000000 7.82083344 0.00000000 0.00000000 B-2 5,687,000.00 9.00000% 1000.00000000 7.50000000 0.00000000 0.00000000 OC 12,511,788.49 0.00000% ~~1315~~1347.~~95581025~~46928974 0.00000000 0.00000000 0.00000000 (5) All classes are per $1000 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 10.~~05107455~~70423736 0.00000000 ~~142~~64.~~91980572~~31258364 A-2 0.00000000 0.00000000 5.28416676 0.00000000 1000.00000000 A-3 0.00000000 0.00000000 5.55333263 0.00000000 1000.00000000 A-4 0.00000000 0.00000000 5.78833305 0.00000000 1000.00000000 A-5 0.00000000 0.00000000 5.99749960 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 6.39083311 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 6.59416656 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 7.82083344 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 7.50000000 0.00000000 1000.00000000 OC 0.00000000 0.00000000 317.~~00877049~~36773845 0.00000000 ~~1347~~1363.~~46928974~~45645258 (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 89,~~544~~550,~~200~~295.2057 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses (~~303~~317,~~294~~622.6799) Prepayment Penalties 0.00 Total Deposits 89,~~240~~232,~~905~~672.5358 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 9590,~~261~~870.7163 Payment of Interest and Principal 89,~~145~~141,~~643~~801.8295 Total Withdrawals (Pool Distribution Amount) 89,~~240~~232,~~905~~672.5358 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 9389,~~638~~322.6425 Master Servicing Fee 0.00 Owner Trustee Annual Fee 0.00 Wells Fargo Bank, N.A. 1,~~623~~548.0738 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 9590,~~261~~870.7163

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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 7278 85 0 0 8083 2,~~323~~338,~~325~~445.5881 ~~223~~104,~~077~~467.0761 0.00 0.00 2,~~546~~442,~~402~~913.6542 60 Days 4232 108 0 0 5240 1,~~168~~007,~~913~~253.1700 ~~314~~254,~~781~~571.3941 0.00 0.00 1,~~483~~261,~~694~~824.5641 90 Days 5658 2321 0 0 79 1,~~994~~962,~~120~~239.9899 ~~831~~714,~~107~~442.0576 0.00 0.00 2,~~825~~676,~~228~~682.0375 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 ~~170~~168 4134 0 0 ~~211~~202 5,~~486~~307,~~359~~938.7380 1,~~368~~073,~~965~~481.5178 0.00 0.00 6,~~855~~381,~~325~~420.2458 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 1.~~677540~~917404% 0.~~186393~~122911% 0.000000% 0.000000% 12.~~863933~~040315% 1.~~625663~~732661% 0.~~156090~~077405% 0.000000% 0.000000% 1.~~781753~~810066% 60 Days 0.~~978565~~786627% 0.~~232992~~196657% 0.000000% 0.000000% 10.~~211556~~983284% 0.~~817904~~746320% 0.~~220257~~188624% 0.000000% 0.000000% 10.~~038161~~934943% 90 Days 1.~~304753~~425762% 0.~~535881~~516224% 0.000000% 0.000000% 1.~~840634~~941986% 1.~~395314~~453913% 0.~~581537~~529363% 0.000000% 0.000000% 1.~~976851~~983277% 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 34.~~960857~~129794% 0.~~955266~~835792% 0.000000% 0.000000% 4.~~916123~~965585% 3.~~838881~~932895% 0.~~957884~~795392% 0.000000% 0.000000% 4.~~796765~~728286% ~~(7) Delinquencies are stratified according to the information that the Servicer has provided. All 90+ delinquencies for bankruptcy, Foreclosure, and REO are reported in the 90 day delinquency field.~~

COLLATERAL STATEMENT Collateral Description Fixed 30 Year Weighted Average Gross Coupon 1213.~~828308~~238910% Weighted Average Net Coupon 12.~~054916~~450212% Weighted Average Pass-Through Rate 1112.~~776789~~289959% Weighted Average Maturity(Stepdown Calculation ) ~~196~~195 Beginning Scheduled Collateral Loan Count 4,~~495~~292 Number Of Loans Paid In Full ~~203~~224 Ending Scheduled Collateral Loan Count 4,~~292~~068 Beginning Scheduled Collateral Balance ~~149~~142,~~821~~915,~~825~~607.9916 Ending Scheduled Collateral Balance ~~142~~134,~~915~~962,~~607~~651.1630 Ending Actual Collateral Balance at 01-Jan-1900 ~~142~~134,~~915~~962,~~607~~651.1630 Monthly P &I Constant 1,~~887~~863,~~166~~812.0536 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount ~~303~~317,~~294~~622.6799 Cumulative Realized Loss 2,~~613~~931,~~430~~053.4746 Scheduled Principal ~~286~~289,~~496~~833.4469 Unscheduled Principal 67,~~619~~663,~~722~~122.3917 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount ~~697~~200,~~584~~028.6700 Overcollateralized reduction Amount 0.00 Specified O/C Amount 17,059,278.75 Overcollateralized Amount 1617,~~859~~059,~~250~~278.75 Overcollateralized Deficiency Amount ~~200,027~~0.9900 Base Overcollateralized Amount 0.00 Extra principal distribution Amount ~~697~~200,~~584~~028.6700 Excess Cash Amount ~~697~~393,~~584~~635.6708

Prepayment Penalities $3723,~~645~~694.1039 1/12 Owner Trustee Fee Strip $333.33 Current Period Losses $~~303~~317,~~294~~622.6799

Filing Compare · COUNTRYWIDE HOME LOAN TRUST HOME LOAN BAC NO SER 2001-HLV1