Exhibit 99.20
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
December, 1999
Series 1999-09, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of April 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.134147
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Weighted average maturity 348.55
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A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
1PO $ 2.66227118 $ 1.75813830 $ 0.00000000 %0.00000000
2PO $ 1.11104814 $ 0.19763637 $ 0.00000000 %0.00000000
1A1 $ 14.28878321 $ 11.52980368 $ 4.83551759 %6.10000000
1A2 $ 0.00000000 $ 0.00000000 $ 5.08333344 %6.10000013
1A4 $ 9.95529226 $ 8.03305390 $ 4.97457225 %6.50000009
1A5 $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
1A6 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
1A7 $ 0.00000000 $ 0.00000000 $ 5.62500416 %6.75000499
1A8 $ 0.00000000 $ 0.00000000 $ 5.41666667 %6.50000000
1A3 $ 0.00000000 $ 0.00000000 $ 7.05724948 %8.24018353
1A9 $ 0.00000000 $ 0.00000000 $ 4.88458436 %6.74999901
RL $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
1S $ 0.00000000 $ 0.00000000 $ 0.21390969 %0.26567969
2A1 $ 1.14885729 $ 0.16303281 $ 5.20351328 %6.74999999
2A2 $ 0.00000000 $ 0.00000000 $ 5.62500137 %6.75000164
2A3 $ 0.00000000 $ 0.00000000 $ 5.62500042 %6.75000050
2A4 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
2A5 $ 1.36024720 $ 0.19303080 $ 5.12595980 %6.75000008
2A6 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
2A7 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
2A8 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
2A9 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
2S $ 0.00000000 $ 0.00000000 $ 0.23143877 %0.29939733
M $ 0.87191349 $ 0.87191349 $ 5.59171826 %6.74999988
B1 $ 0.87191325 $ 0.87191325 $ 5.59171900 %6.75000076
B2 $ 0.87191216 $ 0.87191216 $ 5.59171695 %6.74999829
B3 $ 0.87191141 $ 0.87191141 $ 5.59171987 %6.75000182
B4 $ 0.87191426 $ 0.87191426 $ 5.59171486 %6.74999580
B5 $ 0.87191631 $ 0.87191631 $ 5.59171902 %6.75000079
R $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
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B. Accrual Amount
1.
Accrual Amount
Class
1A3 $ 297,966.49
1A9 $ 23,856.31
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 95,664.50
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C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 480,179,372.88
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2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 1,455
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3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
----- ------- ----------------- ------- -----
1PO $ 2,845,579.26 $ 2,837,817.23 $ 973.33 GEC9991PO
2PO $ 514,785.56 $ 514,197.42 $ 971.36 GEC9992PO
1A1 $ 93,757,990.75 $ 92,349,645.41 $ 936.96 00000XX00
1A2 $ 32,000,000.00 $ 32,000,000.00 $ 1,000.00 00000XX00
1A4 $ 45,956,781.54 $ 45,458,608.76 $ 908.43 00000XX00
1A5 $ 0.00 $ 0.00 $ 0.00 00000XX00
1A6 $ 38,000,000.00 $ 38,000,000.00 $ 1,000.00 00000XX00
1A7 $ 1,203,000.00 $ 1,203,000.00 $ 1,000.00 00000XX00
1A8 $ 62,652,000.00 $ 62,652,000.00 $ 1,000.00 00000XX00
1A3 $ 73,074,820.45 $ 73,372,786.94 $ 1,031.92 00000XX00
1A9 $ 4,241,122.40 $ 4,264,978.71 $ 873.26 00000XX00
RL $ 0.00 $ 0.00 $ 0.00 00000XX00
1S $ 241,875,038.19 $ 240,818,457.83 $ 961.95 GEC99091S
2A1 $ 35,522,650.73 $ 35,478,534.61 $ 923.92 00000XX00
2A2 $ 3,653,000.00 $ 3,653,000.00 $ 1,000.00 00000XX00
2A3 $ 12,039,000.00 $ 12,039,000.00 $ 1,000.00 00000XX00
2A4 $ 1,750,000.00 $ 1,750,000.00 $ 1,000.00 00000XX00
2A5 $ 45,564,086.55 $ 45,496,074.19 $ 909.92 00000XX00
2A6 $ 2,000,000.00 $ 2,000,000.00 $ 1,000.00 00000XX00
2A7 $ 2,600,000.00 $ 2,600,000.00 $ 1,000.00 00000XX00
2A8 $ 1,000,000.00 $ 1,000,000.00 $ 1,000.00 00000XX00
2A9 $ 3,600,000.00 $ 3,600,000.00 $ 1,000.00 00000XX00
2S $ 86,230,990.61 $ 86,143,222.51 $ 926.67 GEC99092S
M $ 9,216,145.94 $ 9,208,062.43 $ 993.21 00000XX00
B1 $ 3,735,764.91 $ 3,732,488.26 $ 993.21 00000XX00
B2 $ 2,240,663.68 $ 2,238,698.38 $ 993.21 00000XX00
B3 $ 2,491,172.66 $ 2,488,987.64 $ 993.21 00000XX00
B4 $ 997,065.51 $ 996,190.98 $ 993.21 00000XX00
B5 $ 1,246,394.52 $ 1,245,301.30 $ 993.21 00000XX00
R $ 0.00 $ 0.00 $ 0.00 00000XX00
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 11 Principal Balance $ 3,414,485.57
-------- ------------
2. 60-89 days
Number 1 Principal Balance $ 256,998.04
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3. 90 days or more
Number 0 Principal Balance $ 0.00
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4. In Foreclosure
Number 1 Principal Balance $ 197,684.81
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5. Real Estate Owned
Number 0 Principal Balance $ 0.00
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6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
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E. Other Information:
1. Special Hazard Loss Amount: $ 5,011,339.00
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2. Bankruptcy Loss Amount: $ 165,208.00
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3. Fraud Loss Amount: $ 5,011,339.00
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4. Certificate Interest Rate of the Class S Certificate:%0.26567969
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F.
Ending Notional Component Balances (if applicable):
Ending Notional Balance
Class
Class 1A3_1 $ 0.00
Class 1A3_2 $ 0.00
Class 1A3_3 $ 144,452,645.41
Class 1A3_4 $ 108,110,608.76
Ending Component Principal Balances (if applicable):
Ending Component Balance
Class
Class 1A3_1 $ 20,103,000.00
Class 1A3_2 $ 53,269,786.94
Class 1A3_3 $ 0.00
Class 1A3_4 $ 0.00
