- - --------------------------------------------------------------------------------
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)
September 30, 1996
First Alliance Mortgage Loan Trust 1996-3
(filed on its behalf by First Alliance Mortgage Company)
--------------------------------------------------------------
(Exact name of registrant as specified in its charter)
APPLICATION
New York 33-99604-02 PENDING
---------------------------- ------------------- -------------------
(State or Other Jurisdiction (Commission File (I.R.S. Employer
of Incorporation) Number) Identification No.)
c/o The Bank of New York
101 Barclay Street, 12E
New York, New York 10286
------------------------- ----------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (212) 815-2312
--------------
No Change
-----------------------------------------------------------
(Former name or former address, if changed since last report)
- - --------------------------------------------------------------------------------
<PAGE>
Item 2. Acquisition or Disposition of Assets
Description of the Conveyance of Subsequent Mortgage Loans
On September 30, 1996, First Alliance Mortgage Loan Trust 1996-3 (the
"Trust") acquired $17,201,101.62 of Subsequent Mortgage Loans pursuant to the
terms of the Pooling and Servicing Agreement dated as of September 1, 1996,
between First Alliance Mortgage Company, as Company and Servicer (the "Company")
and The Bank of New York, in its capacity as Trustee, and the Subsequent
Transfer Agreement among the Company and the Trust, as purchaser, dated
September 30, 1996. The Subsequent Mortgage Loans possess the characteristics
required by the Prospectus dated September 10, 1996 and the Prospectus
Supplement dated September 10, 1996, filed pursuant to Rule 424(b)(5) of the Act
on September 17, 1996. The Schedule of Subsequent Mortgage Loans is attached to
the Subsequent Transfer Agreement.
<PAGE>
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Exhibits:
10.1 Subsequent Transfer Agreement dated as of September 30, 1996
among First Alliance Mortgage Company, as the Company and as
Servicer and First Alliance Mortgage Loan Trust 1996-3 as the
Purchaser.
<PAGE>
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 hereunto duly authorized.
By: FIRST ALLIANCE MORTGAGE COMPANY, as
Company
By: /s/Brian Chisick
-------------------
Name: Brian Chisick
Title: President
Dated: October 10, 1996
Exhibit 10.1
SUBSEQUENT TRANSFER AGREEMENT
First Alliance Mortgage Company, the "Company", and in its capacity as
servicer of the Trust, the "Servicer", and First Alliance Mortgage Loan Trust
1996-3, as the "Purchaser", pursuant to the Pooling and Servicing Agreement
dated as of September 1, 1996, (the "Pooling and Servicing Agreement") among the
Company, the Servicer, and The Bank of New York, a New York banking corporation,
in its capacity as Trustee (the "Trustee"), hereby confirm their understanding
with respect to the sale by the Company and the purchase by the Purchaser of
those Mortgage Loans (the "Subsequent Mortgage Loans") listed on the attached
Schedules of Mortgage Loans.
Conveyance of Subsequent Mortgage Loans. As of September 30, 1996 (the
"Subsequent Cut-Off Date"), the Company does hereby irrevocably transfer,
assign, setover and otherwise convey to the Purchaser, without recourse (except
as otherwise explicitly provided for herein) all right, title and interest in
and to any and all benefits accruing from the Subsequent Mortgage Loans which
are delivered to the Trustee herewith (and all substitutions therefor as
provided by Sections 3.3, 3.4 and 3.6 of the Pooling and Servicing Agreement),
together with the related Subsequent Mortgage Loan documents and the interest in
any Property which secured a Subsequent Mortgage Loan but which has been
acquired by foreclosure or deed in lieu of foreclosure, and all payments thereon
and proceeds of the conversion, voluntary or involuntary, of the foregoing; and
proceeds of all the foregoing (including, but not by way of limitation, all
proceeds of any mortgage insurance, hazard insurance and title insurance policy
relating to the Subsequent Mortgage Loans, cash proceeds, accounts, accounts
receivable, notes, drafts, acceptances, chattel paper, checks, deposit accounts,
rights to payment of any and every kind, and other forms of obligations and
receivables which at any time constitute all or part of or are included in the
proceeds of any of the foregoing). The Company shall deliver the original
Mortgage or mortgage assignment with evidence of recording thereon (except as
otherwise provided by the Pooling and Servicing Agreement) and other required
documentation in accordance with the terms set forth in Sections 3.5 and 3.8 of
the Pooling and Servicing Agreement.
The costs relating to the delivery of the documents specified in this
Subsequent Transfer Agreement and the Pooling and Servicing Agreement shall be
borne by the Company.
The Company hereby affirms the representations and warranties set forth
in the Pooling and Servicing Agreement that relate to the Company and the
Subsequent Mortgage Loans as of the date hereof. The Company hereby delivers
notice and confirms that each of the conditions set forth in Section 3.8(b),
3.8(c) and 3.8(d) to the Pooling and Servicing Agreement are satisfied as of the
date hereof.
All terms and conditions of the Pooling and Servicing Agreement are
hereby ratified, confirmed and incorporated herein, provided that in the event
of any conflict the provisions of this Subsequent Transfer Agreement shall
control over the conflicting provisions of the Pooling and Servicing Agreement.
Terms capitalized herein and not defined herein shall have their
respective meanings as set forth in the Pooling and Servicing Agreement.
<PAGE>
FIRST ALLIANCE MORTGAGE THE BANK OF NEW YORK
COMPANY, as the Company as Trustee for
First Alliance Mortgage Loan
Trust 1996-3
By: /s/ Mark Mason By: /s/ Franklin B. Austin
------------------------------ ------------------------------
Name: Mark Mason Name: Franklin B. Austin
Title: Executive Vice President Title: Assistant Treasurer
and Chief Financial Officer
FIRST ALLIANCE MORTGAGE Dated: September 30, 1996
COMPANY, as Servicer
By: /s/ Mark Mason
-----------------------------
Name: Mark Mason
Title: Executive Vice President
and Chief Financial Officer
<PAGE>
EXHIBIT B
LOAN SCHEDULE - GROUP I (FIXED)
<TABLE>
<CAPTION>
Loan Lien Cut-Off Current Current
Number Property Address City ST Zip Pos Balance Rate Pmt
- - ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
303956 13319 S CATALINA AVE GARDENA CA 90247 1 90,681.00 9.99 795.12
304013 1552 W. 122ND STREET LOS ANGELES CA 90047 1 105,321.00 11.75 1,063.12
304024 12922 STANFORD AVENUE LOS ANGELES CA 90059 1 76,641.00 10.75 1,044.91
304030 1360 N FRIES AVENUE (WILMINGTON AREA) CITY OF LOS ANGELES CA 90744 2 21,389.00 15.25 303.03
405069 1651 82ND AVE OAKLAND CA 94621 1 55,846.58 13.49 639.36
405155 9340 CORAL ROAD OAKLAND CA 94603 1 21,347.00 13.25 273.61
405159 643 WALLER STREET SAN FRANCISCO CA 94117 1 128,442.00 10.75 1,198.98
405160 27228 WHITMAN STREET HAYWARD CA 94544 1 33,589.00 13.25 430.52
405161 3004 LONGVIEW DRIVE SAN BRUNO CA 94066 1 106,603.00 9.95 931.58
405163 1552 BUCHANAN STREET NOVATO CA 94947 1 49,950.00 11.75 591.47
405167 1595 DWIGHT WAY BERKELEY CA 94703 1 25,986.00 12.25 272.31
405168 1335 GILMAN AVE SAN FRANCISCO CA 94124 1 75,000.00 10.75 700.11
405171 551 22ND STREET OAKLAND CA 94612 1 21,294.00 12.25 308.59
405173 3112 ACTON STREET BERKELEY CA 94702 1 74,629.00 10.75 696.65
405175 9025 OLIVE STREET OAKLAND CA 94603 1 63,121.00 10.25 565.63
405176 6425 KENSINGTON AVE RICHMOND CA 94805 2 20,000.00 13.25 256.35
405178 560 25TH STREET RICHMOND CA 94804 1 68,750.00 10.75 641.77
405186 2940 MADERA AVE OAKLAND CA 94619 1 94,970.00 10.75 886.53
405187 175 HEARST AVE SAN FRANCISCO CA 94131 1 147,419.00 9.75 1,266.56
405195 14858 BANCROFT AVENUE SAN LEANDRO CA 94578 1 74,766.00 10.75 697.93
505315 917 HARDING AVENUE SAN FERNANDO CA 91340 1 72,204.00 9.50 607.13
505339 19234 NAPA STREET LOS ANGELES CA 91324 1 96,268.00 9.75 827.09
505343 23818 OXNARD STREET LOS ANGELES CA 91367 1 134,089.00 10.25 1,201.57
505344 2833-2835 EAST 4TH STREET LOS ANGELES CA 90033 1 103,413.00 11.25 1,004.41
706868 917-919 SPENCE STREET LOS ANGELES CA 90023 1 39,995.00 15.25 651.40
706889 11542 CEDAR AVENUE BLOOMINGTON CA 92316 1 43,242.00 9.75 371.52
706890 17206 ATHOL STREET FONTANA CA 92335 1 89,581.00 11.75 904.24
706893 27145 CYPRESS STREET HIGHLAND CA 92346 1 59,994.00 10.75 560.03
706901 7619 SIERRA AVENUE FONTANA CA 92336 1 54,913.00 9.75 471.79
706909 909 EAST FRANCIS STREET CORONA CA 91719 1 75,974.00 10.75 709.20
706914 2138 SATICOY STREET POMONA CA 91767 1 26,461.00 9.75 280.32
706918 1780 WARWICK ROAD SAN MARINO CA 91108 1 179,154.00 10.75 1,672.37
706923 15821 WALBROOK DRIVE HACIENDA HEIGHTS CA 91745 1 37,047.00 12.25 388.21
706927 1673 BUCHANAN DRIVE POMONA CA 91767 1 86,194.00 9.95 753.23
803057 5270 RIO GRANDE DRIVE SAN JOSE CA 95136 2 85,434.70 13.45 1,294.81
806086 647 N. 11TH STREET SAN JOSE CA 95112 1 58,336.00 13.25 656.73
806087 2462 BING PLACE UNION CITY CA 94587 1 73,074.00 13.50 837.00
806096 52 HUDSON LANDING RD. WATSONVILLE CA 95076 1 186,205.00 9.75 1,599.79
806097 4073 FAIRWOOD ST FREMONT CA 94538 1 119,990.00 10.75 1,120.08
806101 20189 APPLE TREE LANE CUPERTINO CA 95014 1 174,031.00 10.75 1,624.55
806104 33329 7TH STREET UNION CITY CA 94587 1 57,531.00 10.75 537.04
1301243 2837 BLUE GRASS LN DECATUR GA 30034 1 65,109.00 11.75 657.22
1602063 2219 172ND AVE NE BELLEVUE WA 98008 1 69,051.00 9.75 593.25
1702654 6252 SOUTH LOGAN PLACE LITTLETON CO 80121 1 111,990.00 10.25 1,003.54
1702658 9154 WEST 75TH WAY ARVADA CO 80005 1 65,102.00 9.50 547.41
1702667 6634 WELCH STREET ARVADA CO 80004 1 93,208.00 9.75 800.80
1802683 9101 S. YATES CHICAGO IL 60617 1 37,231.00 14.99 470.47
1802828 6406 S. KEDVALE AVENUE CHICAGO IL 60629 1 64,272.00 10.75 599.97
1802830 108 YORK COURT NAPERVILLE IL 60540 1 104,283.00 9.75 895.95
1802846 10948 S. ESMOND STREET CHICAGO IL 60643 1 52,857.00 9.75 454.12
1802861 421 E. BROWN STREET WEST CHICAGO IL 60185 1 35,245.00 13.25 396.78
1901642 310 E 19 ST HIALEAH FL 33010 1 75,619.56 11.95 776.64
2101402 6834 N HUDSON STREET PORTLAND OR 97203 1 47,837.73 12.49 510.31
2101458 1041 SE VINE ST MCMINNVILLE OR 97128 1 87,000.00 9.75 747.46
2101463 7805 SE FRANKLIN ST PORTLAND OR 97206 1 88,186.00 10.99 839.15
2101499 1814 NE DEKUM STREET PORTLAND OR 97211 1 41,531.00 11.75 419.22
2101523 495 SE CENTURION AVENUE GRESHAM OR 97080 1 91,151.00 11.75 1,079.35
2101533 1910 N AINSWORTH STREET PORTLAND OR 97217 1 20,004.00 9.75 211.91
2201386 1909 W BALMORAL AVE. CHICAGO IL 60640 1 37,788.00 13.75 496.91
2201393 1305 ORRINGTON CT. 109C WHEELING IL 60090 1 89,056.00 10.75 998.27
2201401 2054 N HUMBOLDT BLVD CHICAGO IL 60647 1 104,848.00 9.75 1,110.72
2401305 1841 NW 24 TERRACE FT. LAUDERDALE FL 33311 1 46,790.00 13.99 554.03
2401342 8095 W. ST. JOHN AVENUE BOYNTON BEACH FL 33437 1 50,900.00 14.45 621.27
2500074 23577 ANGELA DRIVE WARRENSVILLE HEIGHTS OH 44128 1 45,943.00 12.99 507.86
2500081 180 BEECHWOOD DRIVE NORTHFIELD OH 44067 1 38,923.00 10.25 348.79
2700148 3063 E 3135 S SALT LAKE CITY UT 84109 1 80,033.00 11.99 822.61
2700175 4229 S 1300 E SALT LAKE CITY UT 84124 1 95,240.00 10.25 853.45
2700177 2825 S CHADWICK ST SALT LAKE CITY UT 84106 1 64,340.00 9.75 552.78
2700182 6563 S 2700 W WEST JORDAN UT 84084 1 78,540.00 9.75 832.02
2700184 1790 E 3210 S SALT LAKE CITY UT 84106 1 50,178.00 10.75 468.40
2800555 14928 22ND AVE. S.W. SEATTLE WA 98166 1 112,765.00 10.75 1,052.64
2800569 127 MONOWOOD DRIVE FOLSOM CA 95630 1 73,500.00 10.25 658.63
2800585 4418 4TH STREET GUADUALUPE CA 93434 1 44,500.00 10.25 398.77
2800621 9122 CAMBON COURT SPRING VALLEY CA 91977 1 77,385.00 11.99 795.40
2800632 2401 GAYNOR AVENUE RICHMOND CA 94804 1 50,525.00 11.75 510.00
2800638 6725 11TH AVENUE N.W. SEATTLE WA 98117 1 80,000.00 10.25 716.88
2800641 1522 PENN MAR AVENUE SOUTH EL MONTE CA 91733 1 110,750.00 10.25 992.43
2800643 2195 51ST AVENUE SACRAMENTO CA 95822 1 41,000.00 10.50 375.04
2800646 4418 KIRKHAM STREET SAN FRANCISCO CA 94122 1 159,775.00 9.75 1,372.71
2800662 3218 34TH AVENUE SOUTH SEATTLE WA 98144 1 89,656.00 10.50 820.12
2800673 6907 LOCKWOOD STREET OAKLAND CA 94621 1 44,465.00 9.99 389.88
2800675 8910 OLIVE DRIVE LEMON GROVE CA 91945 1 36,960.00 11.99 379.89
2800676 7468 PRAIRIE MOUND WAY SAN DIEGO CA 92139 1 88,578.00 11.25 860.32
2800679 2001 WEST CANTON STREET LONG BEACH CA 90810 1 64,735.00 9.75 685.78
2800697 740 NORTH EDENFIELD AVENUE COVINA CA 91723 1 105,000.00 9.75 902.11
2800699 3740 47TH STREET SAN DIEGO CA 92105 1 62,250.00 9.75 534.82
2800702 20329 GILLICK WAY CUPERTINO CA 95014 1 105,785.00 9.75 908.86
2800706 16850 BAR AVENUE SAN LORENZO CA 94580 1 125,250.00 9.75 1,076.09
2800723 3074 COLLURA STREET SAN DIEGO CA 92105 1 23,000.00 11.75 232.16
2800729 855 ARGUELLO DRIVE SAN LEANDRO CA 94578 1 30,000.00 9.95 321.46
2900198 1710 CHELSEA RD LAMOTT PA 19027 1 40,857.00 12.75 443.99
2900208 733 ALENE ROAD AMBLER PA 19002 1 73,005.00 9.99 640.13
2900229 9 COBBLESTONE LANE ASTON PA 19014 1 77,471.00 9.75 665.60
2900248 15047 LONDON RD PHILADELPHIA PA 19116 1 28,806.00 10.25 258.13
3100037 6 ELM ST. VERNON NJ 7462 1 62,810.00 10.75 586.32
3100038 22 MOUNTAIN AVE HIGHLAND LAKES NJ 7422 1 110,099.00 10.75 1,027.75
3100041 519 RAMAPO VALLEY RD. OAKLAND NJ 7436 1 58,526.00 10.75 546.33
3100063 9 COLFAX DR PEQUANNOCK NJ 7440 1 65,327.00 10.50 652.21
3100116 83 WOODHAVEN DR WAYNE NJ 7470 1 89,902.00 10.75 839.22
- - --------------------------------------------------------------------------------------------------------------------------------
TOTAL FIXED RATE LOANS: 99 7,273,813.57
</TABLE>
<PAGE>
Loan Mat Pmt Prop Occup Appraised Orig
Number Date Type Type Type Value Type
- - -----------------------------------------------------------
303956 12/1/26 A S P 140,000 B
304013 11/1/26 A S P 153,000 B
304024 11/1/06 A S P 128,000 B
304030 11/1/11 A S P 149,000 B
405069 8/1/26 A S P 87,000 B
405155 11/1/11 A S P 71,000 B
405159 11/1/26 A S P 390,000 B
405160 11/1/11 A S P 146,000 B
405161 11/1/26 A S P 237,000 B
405163 11/1/11 A S P 252,000 B
405167 11/1/26 A S P 146,000 B
405168 11/1/26 A S P 108,000 B
405171 11/1/06 A F P 145,000 B
405173 11/1/26 A S P 124,000 B
405175 11/1/26 A S P 91,000 B
405176 11/1/11 A S P 169,000 B
405178 11/1/26 A S P 138,000 B
405186 11/1/26 A S P 148,000 B
405187 12/1/26 A S P 216,000 B
405195 12/1/26 A S P 156,000 B
505315 10/1/26 A S P 120,000 B
505339 11/1/26 A S P 154,000 B
505343 11/1/26 A S P 213,000 B
505344 11/1/26 A F P 163,000 B
706868 10/1/06 A S I 95,000 B
706889 11/1/26 A S P 70,000 B
706890 11/1/26 A S P 112,000 B
706893 11/1/26 A S P 75,000 B
706901 11/1/26 A S P 87,000 B
706909 11/1/26 A S P 95,000 B
706914 11/1/11 A S P 130,000 B
706918 12/1/26 A S P 475,000 B
706923 12/1/26 A S P 120,000 B
706927 12/1/26 A S P 125,000 B
803057 8/1/04 A S P 285,000 B
806086 11/1/26 A S I 130,000 B
806087 11/1/26 A S P 190,000 B
806096 11/1/26 A S P 240,000 B
806097 11/1/26 A S P 160,000 B
806101 11/1/26 A S P 386,000 B
806104 11/1/26 A S P 134,000 B
1301243 11/1/26 A S P 122,000 B
1602063 11/1/26 A S P 208,000 B
1702654 11/1/26 A S P 140,000 B
1702658 11/1/26 A S P 130,000 B
1702667 11/1/26 A S P 146,000 B
1802683 9/1/26 A S P 83,000 B
1802828 11/1/26 A S P 111,000 B
1802830 11/1/26 A S P 211,000 B
1802846 11/1/26 A S P 82,000 B
1802861 11/1/26 A S P 114,000 B
1901642 6/1/26 A F P 105,000 B
2101402 8/1/26 A S P 87,000 B
2101458 10/1/26 A S P 145,000 B
2101463 11/1/26 A S P 126,000 B
2101499 11/1/26 A S P 122,000 B
2101523 11/1/11 A S P 114,000 B
2101533 11/1/11 A S P 102,000 B
2201386 11/1/11 A S P 92,000 B
2201393 11/1/11 A P P 186,000 B
2201401 12/1/11 A S P 152,000 B
2401305 9/1/26 A S P 78,000 B
2401342 10/1/26 A S P 85,000 B
2500074 11/1/26 A S P 88,000 B
2500081 11/1/26 A S P 125,000 B
2700148 11/1/26 A S P 140,000 B
2700175 11/1/26 A S P 127,000 B
2700177 11/1/26 A S I 135,000 B
2700182 11/1/11 A S P 121,000 B
2700184 12/1/26 A S P 124,000 B
2800555 10/1/26 A S P 185,000 B
2800569 10/1/26 A S P 130,000 B
2800585 11/1/26 A S P 85,000 B
2800621 10/1/26 A S P 116,000 B
2800632 11/1/26 A S P 102,000 B
2800638 11/1/26 A S I 135,000 B
2800641 11/1/26 A S P 145,000 B
2800643 11/1/26 A S P 65,000 B
2800646 12/1/26 A S P 225,000 B
2800662 11/1/26 A S P 150,000 B
2800673 11/1/26 A S P 74,000 B
2800675 11/1/26 A S I 98,000 B
2800676 11/1/26 A S P 146,000 B
2800679 11/1/11 A S P 125,000 B
2800697 11/1/26 A S P 156,000 B
2800699 11/1/26 A S P 91,000 B
2800702 11/1/26 A S P 364,000 B
2800706 11/1/26 A S P 172,000 B
2800723 12/1/26 A S P 111,000 B
2800729 12/1/11 A S P 178,000 B
2900198 11/1/26 A S P 82,000 B
2900208 10/1/26 A S P 177,000 B
2900229 11/1/26 A S P 140,000 B
2900248 11/1/26 A S P 106,000 B
3100037 10/1/26 A S P 128,000 B
3100038 10/1/26 A S P 147,000 B
3100041 10/1/26 A S P 149,000 B
3100063 10/1/16 A S P 235,000 B
3100116 11/1/26 A S P 147,000 B
- - -----------------------------------------------------------
<PAGE>
EXHIBIT B
LOAN SCHEDULE - GROUP II (ADJUSTABLE)
<TABLE>
<CAPTION>
Loan Lien Cut-Off Current Current
Number Property Address City ST Zip Pos Balance Rate Pmt
- - --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
303952 8211 EAST SANDY LANE PARAMOUNT CA 90723 1 100,426.00 9.99 880.57
304003 4734 MACAFEE ROAD TORRANCE CA 90505 1 99,323.00 11.75 1,002.58
304016 13207 GRAMERCY PLACE GARDENA CA 90249 1 99,440.00 12.25 1,042.03
304022 16923 A & B SOUTH HOBART BLVD GARDENA CA 90247 1 84,838.00 7.25 578.74
405154 28520 THACKERAY AVENUE HAYWARD CA 94544 1 97,233.00 7.75 696.59
405183 3445 BRUNELL DRIVE OAKLAND CA 94602 1 164,345.00 8.75 1,292.90
706899 923 NORTH GARDENIA AVENUE ONTARIO CA 91762 1 83,641.00 8.25 628.37
706900 7604 VANPORT AVENUE WHITTIER CA 90606 1 98,654.00 8.75 776.11
706903 11409 BROADED STREET SANTA FE SPRINGS CA 90670 1 103,522.00 8.75 814.41
706904 1208 WEST SHORB STREET ALHAMBRA CA 91803 1 81,459.00 7.25 555.69
706908 1563 BROOKSIDE STREET ONTARIO CA 91761 1 101,358.00 7.75 954.06
806083 1348 HIGUERA PLACE MILPITAS CA 95035 1 144,508.00 8.25 1,085.64
806089 727 UVAS COURT SAN JOSE CA 95123 1 168,927.00 9.75 1,451.34
806090 11211 MONAN STREET OAKLAND CA 94605 1 95,642.00 11.25 928.93
806106 697 LAKEHAVEN DRIVE SUNNYVALE CA 94089 1 110,913.00 8.25 833.25
1301235 5725 KOWETA RD ATLANTA GA 30349 1 40,968.00 7.25 373.98
1602059 4122 N 27TH ST TACOMA WA 98407 1 65,824.00 9.25 541.52
1602062 6544 23RD AVE NW SEATTLE WA 98117 1 85,182.00 8.75 670.13
1602064 1456 168TH PL NE BELLEVUE WA 98008 1 91,763.00 7.25 625.99
1602070 831 PUGET DR EDMONDS WA 98020 1 80,001.00 9.75 687.33
1602071 1117 NW 62ND ST. SEATTLE WA 98107 1 65,361.00 8.75 514.20
1602076 4913 N 26TH ST TACOMA WA 98407 1 70,723.00 9.25 581.82
1602077 4568 PURDUE AVE NE SEATTLE WA 98105 1 95,991.00 8.75 755.16
1602082 25431 180TH AVE SE KENT WA 98042 1 77,962.00 9.75 669.81
1602089 20109 124TH AVE SE KENT WA 98031 1 96,501.00 7.75 691.34
1702653 13314 EAST CAROLINA PLACE AURORA CO 80012 1 80,001.00 8.25 601.02
1802811 734 HUMPHREY AVENUE OAK PARK IL 60304 1 108,748.00 7.25 741.85
1802825 388 N. WESTWOOD AVENUE LOMBARD IL 60148 1 99,017.00 9.75 850.71
1802829 574 MAYWOOD LANE LISLE IL 60532 1 138,497.00 10.75 1,292.84
1802832 7541 S. INDIANA AVENUE CHICAGO IL 60619 1 20,122.00 10.25 219.32
1802833 1942 S. PORTSMOUTH AVENUE WESTCHESTER IL 60154 1 110,190.00 8.25 827.82
1802835 1811 DAISY STREET AURORA IL 60505 1 41,949.00 7.75 394.86
1802839 8431 S. 85TH COURT HICKORY HILLS IL 60457 1 62,388.00 8.75 490.81
1802840 11055 S. AVENUE O CHICAGO IL 60617 1 20,749.00 12.75 259.12
1802842 1635 LINDEN ROAD HOMEWOOD IL 60430 1 48,221.00 7.75 345.46
1802847 691 HILL AVENUE GLEN ELLYN IL 60137 1 36,272.00 9.25 298.40
1802848 1 S. 272 MYRTLE AVENUE VILLA PARK IL 60181 1 66,159.00 7.75 473.97
1802853 396 E. LINCOLN AVENUE GLENDALE HEIGHTS IL 60139 1 63,558.00 8.25 477.49
1802859 15235 S. KILBOURN AVENUE MIDLOTHIAN IL 60445 1 49,427.00 8.75 388.84
1802860 8915 W. 73RD PLACE JUSTICE IL 60458 1 97,694.00 7.75 699.89
1901569 19355 E TURNBERRY WAY #5E AVENTURA FL 33180 1 169,208.13 11.25 1,646.87
1901757 9431 SW 122 AVE MIAMI FL 33186 1 125,850.00 9.75 1,081.25
1901762 6734 SW 134TH PLACE MIAMI FL 33183 1 77,307.00 9.25 795.64
1901767 5065 SW 102 AVE MIAMI FL 33165 1 48,469.00 9.25 498.84
1901768 10000 S.W. 80TH TERRACE MIAMI FL 33173 1 89,931.00 9.75 772.65
1901774 1945 S.W. 82ND COURT MIAMI FL 33155 1 60,343.00 9.75 639.25
1901780 7200 S.W. 107TH TERRACE MIAMI FL 33156 1 158,489.00 9.25 1,303.85
1901783 7620 DICKENS AVENUE MIAMI BEACH FL 33141 1 38,117.00 11.75 384.76
1901791 4600 N. MERIDIAN AVENUE MIAMI FL 33140 1 134,550.00 8.75 1,058.51
2101470 504 NE 149TH STREET VANCOUVER WA 98685 1 91,674.00 8.95 734.33
2101506 6315 NE GARFIELD AVE PORTLAND OR 97211 1 64,085.00 8.25 481.45
2101511 11826 SW BOONES FERRY ROAD PORTLAND OR 97219 1 48,561.00 7.75 347.90
2101514 6432 BONNER DRIVE VANCOUVER WA 98665 1 80,020.00 7.25 545.88
2101515 7010 N BANK STREET PORTLAND OR 97203 1 63,909.00 9.25 525.76
2101522 17520 SW SUGAR PLUM LANE BEAVERTON OR 97007 1 79,852.00 7.25 544.73
2101528 2650 SE 175TH PLACE PORTLAND OR 97236 1 35,563.93 11.75 359.00
2101537 3215 NE 85TH AVE PORTLAND OR 97220 1 48,186.00 8.75 379.08
2201384 4443 N. NARRAGANSETT AVE. CHICAGO IL 60630 1 81,049.99 10.25 726.29
2201388 1309 SIMPSON ST. EVANSTON IL 60201 1 73,402.00 11.25 712.93
2201395 5729 N. MANTON AVE. CHICAGO IL 60646 1 93,739.00 7.75 882.34
2401339 208 SE 4 TERRACE DANIA FL 33004 1 66,630.00 11.75 672.57
2401349 16091 BLATT BV #106 FT LAUDERDALE FL 33326 1 60,631.00 7.75 434.37
2401356 22 SE 10 TER DANIA FL 33004 1 80,971.00 9.50 680.85
2401360 9293 WHIPPOORWILL TRAIL JUPITER FL 33478 1 84,078.00 9.75 722.36
2401364 8026 BUTTONWOOD CIRCLE TAMARAC FL 33321 1 97,647.00 8.75 768.19
2401368 4160 NW 5 AVENUE BOCA RATON FL 33431 1 70,948.00 7.25 483.99
2401370 1301 NW 74 TERRACE HOLLYWOOD FL 33024 1 74,254.00 9.50 624.37
2500075 1613 TWINSBURG ROAD TWINSBURG OH 44087 1 115,051.00 8.75 905.11
2500084 1052 NESBITT RD. SAGAMORE HILLS OH 44067 1 113,040.00 8.49 868.38
2600251 2919 E. DAHLIA DR. PHOENIX AZ 85032 1 66,290.00 11.25 643.85
2600252 705 W.TUCKEY LN. PHOENIX AZ 85013 1 23,469.00 8.25 176.31
2600254 1802 E. ARDMORE DR. PHOENIX AZ 85040 1 48,140.00 8.25 361.66
2600258 9483 E. JENAN DR. SCOTTSDALE AZ 85260 1 27,619.00 7.25 188.41
2600259 4301 E. SAN MIGUEL AVE. PHOENIX AZ 85018 1 89,945.00 11.25 873.60
2700171 535 EAST 650 NORTH BOUNTIFUL UT 84010 1 57,767.00 8.75 454.45
2700176 2851 S 150 E BOUNTIFUL UT 84010 1 96,438.00 8.99 775.27
2800647 2505 RIDGEVIEW AVENUE LOS ANGELES CA 90041 1 112,250.00 7.75 804.17
2800665 2503 MELBOURNE DRIVE SAN DIEGO CA 92123 1 54,628.00 8.75 429.76
2900119 413 WARREN BLVD BROOMALL PA 19008 1 51,927.00 9.49 436.25
2900167 868 MOREFIELD RD PHILADELPHIA PA 19115 1 68,949.00 11.25 669.68
2900200 75 PLUMBRIDGE DR LEVITTOWN PA 19056 1 64,079.00 9.75 550.54
2900204 521 FOSS AVE DREXEL HILL PA 19026 1 46,579.00 9.25 383.19
2900205 112 AVON RD NARBERTH PA 19072 1 91,541.00 12.75 994.77
2900209 318 SEVENTH AVE SWARTHMORE PA 19081 1 66,818.00 11.50 661.69
2900212 77 AUTUMN LN LEVITTOWN PA 19055 1 53,488.00 9.25 440.03
2900217 165 PINEWOOD DR LEVITTOWN PA 19054 1 78,399.00 9.99 687.43
2900220 2608 BURLEIGH AVE GLENSIDE PA 19038 1 67,666.00 9.75 581.36
2900226 61 N. TOWNSHIP LINE RD ROYERSFORD PA 19468 1 76,865.00 8.75 604.70
2900231 227 HATHAWAY LN HAVERTOWN PA 19083 1 38,636.00 12.25 404.87
2900233 910 1ST AVE COLLEGEVILLE PA 19426 1 36,372.00 8.25 273.25
2900235 1500 THOMSON RD ROSLYN PA 19001 1 72,880.00 9.25 599.57
2900249 211 FERN ST DARBY PA 19023 1 21,069.00 11.75 249.48
2900252 3822 PLUMSTEAD AVE DREXEL HILL PA 19026 1 55,988.00 8.75 559.57
3100020 53 WASHINGTON AVE CLIFFSIDE PARK NJ 7010 1 119,140.00 8.99 957.77
3100039 143 PEARSALL AVENUE JERSEY CITY NJ 7305 1 53,289.00 10.25 477.52
3100049 82 ROOSEVELT BLVD OAKLAND NJ 7436 1 119,804.00 10.75 1,118.35
3100062 519 NORTH WYOMING AVE SOUTH ORANGE NJ 7079 1 131,447.00 9.25 1,081.38
3100068 178 CALVIN STREET TOWNSHIP OF WASHINGTON NJ 7675 1 133,495.00 7.25 1,218.63
3100074 47 AUDREY PLACE DOVER NJ 7801 1 20,261.00 8.25 152.21
3100080 23 CLIFFSIDE TRAIL DENVILLE NJ 7834 1 91,527.00 7.75 655.71
3100083 190 HARRISON AVE JERSEY CITY NJ 7304 1 79,939.00 7.75 572.69
3100084 8 SPRING ST. HARRINGTON PARK NJ 7640 1 91,120.00 8.75 716.84
3100088 112 HARPER TERRACE CEDAR GROVE NJ 7009 1 110,131.00 8.25 827.38
8300667 6809 S. FORESTHILLS STREET LITTLETON CO 80120 1 80,000.00 8.49 614.56
8300675 2545 CONGRESS WAY MEDFORD OR 97504 1 148,400.00 7.99 1,087.87
8300694 3020 S. EVANSTON WAY AURORA CO 80014 1 84,800.00 8.25 637.07
8300695 15737 S.E. 166TH PLACE RENTON WA 98058 1 76,610.00 10.00 672.31
8300699 3943 S. 6955 WEST WEST VALLEY CITY UT 84120 1 88,000.00 8.75 692.30
8300700 7730 KENSINGTON LANE HANOVER PARK IL 60103 1 95,120.00 8.50 731.39
8300706 3050 POPLAR STREET DENVER CO 80205 1 55,900.00 8.25 542.31
8300707 2880 W. 56TH AVE DENVER CO 80221 1 74,000.00 8.25 555.94
8300708 8619 N.E. 137TH STREET KIRKLAND WA 98034 1 117,600.00 8.75 925.16
8300709 14718 SUNSET COURT OAK FOREST IL 60452 1 112,800.00 8.50 867.33
8300710 9413 W. CASCADE STREET BOISE ID 83704 1 80,000.00 8.50 615.13
8300711 781 EAST 2620 NORTH PROVO UT 84604 1 135,300.00 8.25 1,016.46
8300715 6049 NORTH PONDEROSA WAY PARKER CO 80134 1 121,000.00 9.25 995.44
8300716 268 FIRST STREET WADSWORTH OH 44281 1 71,250.00 8.25 535.28
8300720 1090 TOWNER DRIVE BOLINGBROOK IL 60440 1 92,000.00 8.75 919.49
8300730 1212 SOUTH 48TH COURT CICERO IL 60804 1 100,750.00 7.99 738.57
8300732 871 EAST 525 SOUTH LAYTON UT 84041 1 102,750.00 8.50 790.06
- - --------------------------------------------------------------------------------------------------------------------------------
9,927,288.05
</TABLE>
<PAGE>
Loan Pmt Prop Occup Appraised Orig
Number Date Type Type Type Value Type
- - ------------------------------------------------------------------
303952 9/1/26 A S P 158,000 B
304003 10/1/26 A S P 248,000 B
304016 11/1/26 A S P 153,000 B
304022 11/1/26 A F P 175,000 B
405154 11/1/26 A S P 150,000 B
405183 11/1/26 A S P 318,000 B
706899 11/1/26 A S P 120,000 B
706900 11/1/26 A S P 145,000 B
706903 11/1/26 A S P 148,000 B
706904 11/1/26 A S P 145,000 B
706908 11/1/11 A S P 145,000 B
806083 11/1/26 A S P 200,000 B
806089 11/1/26 A S P 229,000 B
806090 11/1/26 A S P 220,000 B
806106 11/1/26 A S P 187,000 B
1301235 10/1/11 A S P 68,000 B
1602059 11/1/26 A S I 95,000 B
1602062 11/1/26 A S P 174,000 B
1602064 11/1/26 A S P 154,000 B
1602070 11/1/26 A S P 145,000 B
1602071 11/1/26 A S I 133,000 B
1602076 11/1/26 A S P 128,000 B
1602077 11/1/26 A S P 190,000 B
1602082 11/1/26 A S P 120,000 B
1602089 12/1/26 A S P 139,000 B
1702653 11/1/26 A S P 131,000 B
1802811 11/1/26 A S P 145,000 B
1802825 11/1/26 A S P 124,000 B
1802829 11/1/26 A S P 185,000 B
1802832 11/1/11 A S P 90,000 B
1802833 11/1/26 A S P 153,000 B
1802835 11/1/11 A S P 117,000 B
1802839 11/1/26 A S P 107,000 B
1802840 11/1/11 A S P 72,000 B
1802842 11/1/26 A S P 123,000 B
1802847 11/1/26 A S P 151,000 B
1802848 11/1/26 A S P 133,000 B
1802853 11/1/26 A S P 140,000 B
1802859 11/1/26 A S P 112,000 B
1802860 11/1/26 A S P 143,000 B
1901569 4/1/26 A C P 244,000 B
1901757 10/1/26 A S P 169,000 B
1901762 11/1/11 A S P 115,000 B
1901767 11/1/11 A S P 91,000 B
1901768 11/1/26 A S P 120,000 B
1901774 11/1/11 A S P 129,000 B
1901780 11/1/26 A S P 280,000 B
1901783 11/1/26 A S P 164,000 B
1901791 11/1/26 A S P 228,000 B
2101470 11/1/26 A S P 152,000 B
2101506 10/1/26 A S P 106,000 B
2101511 10/1/26 A S P 250,000 B
2101514 11/1/26 A S P 115,000 B
2101515 11/1/26 A S P 98,000 B
2101522 11/1/26 A S P 137,000 B
2101528 11/1/26 A S P 94,000 B
2101537 11/1/26 A S P 125,000 B
2201384 11/1/26 A S P 145,000 B
2201388 11/1/26 A S P 123,000 B
2201395 11/1/11 A S P 136,000 B
2401339 11/1/26 A S P 124,000 B
2401349 10/1/26 A C P 82,000 B
2401356 11/1/26 A F P 132,000 B
2401360 11/1/26 A S P 150,000 B
2401364 11/1/26 A S P 147,000 B
2401368 11/1/26 A S P 108,000 B
2401370 11/1/26 A S P 110,000 B
2500075 11/1/26 A S P 170,000 B
2500084 12/1/26 A S P 150,000 B
2600251 11/1/26 A S P 102,000 B
2600252 11/1/26 A S P 131,000 B
2600254 11/1/26 A S P 85,000 B
2600258 11/1/26 A S P 122,000 B
2600259 11/1/26 A S P 224,000 B
2700171 10/1/26 A S P 138,000 B
2700176 11/1/26 A S P 130,000 B
2800647 11/1/26 A S P 170,000 B
2800665 11/1/26 A S P 153,000 B
2900119 11/1/26 A S P 150,000 B
2900167 11/1/26 A S P 141,000 B
2900200 10/1/26 A S P 102,000 B
2900204 10/1/26 A S P 138,000 B
2900205 10/1/26 A S P 294,000 B
2900209 10/1/26 A S P 103,000 B
2900212 11/1/26 A S P 99,000 B
2900217 11/1/26 A S P 112,000 B
2900220 11/1/26 A S P 160,000 B
2900226 11/1/26 A S P 120,000 B
2900231 11/1/26 A S P 191,000 B
2900233 11/1/26 A S P 121,000 B
2900235 11/1/26 A S P 105,000 B
2900249 11/1/11 A S P 58,000 B
2900252 11/1/11 A S P 86,000 B
3100020 10/1/26 A S P 160,000 B
3100039 10/1/26 A S P 92,000 B
3100049 10/1/26 A S P 200,000 B
3100062 10/1/26 A S P 183,000 B
3100068 10/1/11 A S P 195,000 B
3100074 11/1/26 A S P 123,000 B
3100080 11/1/26 A S P 132,000 B
3100083 11/1/26 A S P 145,000 B
3100084 11/1/26 A S P 290,000 B
3100088 11/1/26 A S P 175,000 B
8300667 9/1/26 A S P 140,000 B
8300675 9/1/26 A S P 197,500 B
8300694 9/1/26 A S P 106,000 B
8300695 9/1/26 A P I 164,000 B
8300699 9/1/26 A S P 110,000 B
8300700 9/1/26 A S P 164,000 B
8300706 10/1/11 A S P 80,000 B
8300707 10/1/26 A S P 120,000 B
8300708 10/1/26 A S P 147,000 B
8300709 10/1/26 A S P 143,000 B
8300710 10/1/26 A S P 100,000 B
8300711 10/1/26 A S P 205,000 B
8300715 10/1/26 A P P 220,000 B
8300716 10/1/26 A S P 89,000 B
8300720 10/1/11 A S P 115,000 B
8300730 10/1/26 A F P 155,000 B
8300732 10/1/26 A S P 131,000 B
- - -------------------------------------------------------------
