ASSET SECURITIZATION CORP SERIES 1997-D5
8-K, 1998-06-29
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                     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: June 11, 1998
(Date of earliest event reported)


                      Asset Securitization Corporation
                Commercial Mortgage Pass-Through Certificates
                              Series 1997-D5
- -----------------------------------------------------------------------
        (Exact Name of registrant as specified in its charter)

Delaware                      33-49370-06                   13-3672337
- ------------------         ----------------       ------------------------
(State or Other Juris-       (Commission                (I.R.S. Employer
diction of Incorporation)     File Number)           Identification Number)


Two World Financial Center, Building B, New York, New York        10281
- -----------------------------------------------------------------------
(Address of Principal Executive Office)                       (Zip Code)


Registrant's telephone number, including area code:         212-667-9300
                                                       -------------------


- ------------------------------------------------------------------------
                 This Document contains exactly 136 Pages.
                     The Exhibit Index is on Page 5 .


<PAGE>




ITEM 5.  OTHER EVENTS
 
                  This Current Report on Form 8-K relates to the Trust Fund
formed, and the Commercial Mortgage Pass-Through Certificates Series 1997-D5
issued pursuant to a Pooling and Servicing Agreement, dated as of October 24,
1997 (the "Pooling and Servicing Agreement"), by and among Asset Securitization
Corporation (the "Company"), as depositor, AMRESCO Services, L.P., as servicer,
LaSalle National Bank, as trustee, and ABN AMRO Bank, N.V., as fiscal agent. 
The Certificates have been registered pursuant to the Act under a Registration 
Statement on Form S-3 (No.33-99502) (the "Registration Statement").

                  Capitalized terms used herein and not defined herein have the
same meanings ascribed to such terms in the Pooling and Servicing Agreement.

                  Pursuant to Section 3.22 of the Pooling and Servicing
Agreement, Servicer is filing this Current Report containing the June 16, 1998
monthly distribution report prepared by the Trustee pursuant to Section 4.02(b)
(i) thereof.

                  This Current Report is being filed by the Servicer, in its
capacity as such under the Pooling and Servicing Agreement, on behalf of the
Registrant.  The information reported and contained herein has been supplied to
the Servicer by one or more of the Borrowers or other third parties without
independent review or investigation by the Servicer.  Pursuant to the Pooling
and Servicing Agreement, the Servicer is not responsible for the accuracy or
completeness of such information.


<PAGE>


ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
                  AND EXHIBITS

    (c)     Exhibits
 

                    Item 601(a) of
                    Regulation S-K
  Exhibit No.       Exhibit No.       Description

 

  5.1                  99             Monthly distribution report pursuant to
                                      Section 4.2 of the Pooling and Servicing
                                      Agreement for the distribution on
                                      June 16, 1998


  5.2                  99             Comparative Financial Status
                                      Report as of 6/11/98

                                      Delinquent Loan Status Report as of
                                      6/11/98

                                      REO Status Report as of  6/11/98

                                      Historical Loan Modification Report
                                      as of 6/11/98
 
                                      Historical Loss Estimate Report as of
                                      6/11/98
                                
                                      Watch List Report as of 6/11/98


 <PAGE>

 
 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on behalf of the Registrant
by the undersigned thereunto duly authorized.


                                         AMRESCO SERVICES, L.P., IN
                                         ITS CAPACITY AS SERVICER
                                         UNDER THE POOLING AND
                                         SERVICING AGREEMENT ON
                                         BEHALF OF ASSET SECURITIZATION
                                         CORPORATION, REGISTRANT





                                          By: __________________
                                             Daniel B. Kirby
                                             Senior Vice President
 

                                          By: __________________
                                             Sean D. Reilly
                                             Vice President


Date: June 23, 1998



<PAGE>

                  EXHIBIT INDEX



                  Item 601(a) of
                  Regulation S-K
Exhibit No.       Exhibit No.        Description
 

5.1               99                 Monthly distribution report pursuant to
                                     Section 4.2 of the Pooling and Servicing
                                     Agreement for the distribution on
                                     June 16, 1998

 
5.2               99                 Comparative Financial Status
                                     Report as of 6/11/98

                                     Delinquent Loan Status Report as of
                                     6/11/98

                                     REO Status Report as of 6/11/98

                                     Historical Loan Modification Report
                                     as of 6/11/98
 
                                     Historical Loss Estimate Report as of
                                     6/11/98

                                     Watch List Report as of 6/11/98

 

 

 
 
ABN AMRO
LaSalle National Bank

Administrator:
  Juliana Man  (800) 246-5761
  135 S. LaSalle Street   Suite 1625
  Chicago, IL   60674-4107

Asset Securitization Corporation
AMRESCO Services L.P. as Servicer
AMRESCO Management, Inc. as Special Servicer
Commercial Mortgage Pass-Through Certificates
Series 1997 - D5
ABN AMRO Acct: 67-7827-60-2

Statement Date:                   06/16/98
Payment Date:                     06/16/98
Prior Payment:                    05/14/98
Record Date:                      06/10/98

WAC:                             8.625862%
WAMM:                                  310

                                          Number Of Pages

Table Of Contents                                       1

REMIC Certificate Report                                5

Other Related Information                               5

Asset Backed Facts Sheets                               1

Delinquency Loan Detail                                 1

Mortgage Loan Characteristics                           2

Loan Level Listing                                      6

Total Pages Included  In This Package                  21


Specially Serviced Loan Detail            Appendix A
Modified Loan Detail                      Appendix B
Realized Loss Detail                      Appendix C


REMIC II

              Original                    Opening        Principal
Class         Face Value (1)              Balance        Payment
CUSIP         Per $1,000                  Per $1,000     Per $1,000

A-1A          165,018,148.00              153,152,010.51   1,489,015.66
045424FD5      1000.000000000               928.091924229    9.023344875
A-1B          172,648,684.00              172,648,684.00           0.00
045424FE3      1000.000000000              1000.000000000    0.000000000
A-1C          712,971,079.00              712,971,079.00           0.00
045424FF0      1000.000000000              1000.000000000    0.000000000
A-1D          229,793,503.00              229,793,503.00           0.00
045424FG8      1000.000000000              1000.000000000    0.000000000
A-CS1         165,018,148.00 N            153,152,010.51           0.00
045424FH6      1000.000000000               928.091924229    0.000000000
PS-1          1,754,015,636.0N            1,742,149,498.8          0.00
045424FJ2      1000.000000000               993.234873785    0.000000000
A-1E           52,620,469.00               52,620,469.00           0.00
045424GE2      1000.000000000              1000.000000000    0.000000000
A-2            87,700,781.00               87,700,781.00           0.00
045424FK9      1000.000000000              1000.000000000    0.000000000
A-3            52,620,469.00               52,620,469.00           0.00
045424FL7      1000.000000000              1000.000000000    0.000000000
A-4            26,310,234.00               26,310,234.00           0.00
045424FM5      1000.000000000              1000.000000000    0.000000000
A-5            39,465,351.00               39,465,351.00           0.00
045424FN3      1000.000000000              1000.000000000    0.000000000
A-6            43,850,390.00               43,850,390.00           0.00
045424FP8      1000.000000000              1000.000000000    0.000000000
A-7            21,925,195.00               21,925,195.00           0.00
045424FQ6      1000.000000000              1000.000000000    0.000000000
A-8Z            5,740,918.77                6,088,344.10           0.00
045424FR4      1000.000000000              1060.517374295    0.000000000
B-1            39,465,351.00               39,465,351.00           0.00
045424FS2/U045 1000.000000000              1000.000000000    0.000000000
B-2            39,465,351.00               39,465,351.00           0.00
045424FT0/U045 1000.000000000              1000.000000000    0.000000000
B-3             8,770,078.00                8,770,078.00           0.00
045424FU7/U045 1000.000000000              1000.000000000    0.000000000
B-3SC          26,000,000.00               24,878,690.37     160,187.09
045424GG7      1000.000000000               956.872706538    6.161041923
B-4            13,155,117.00               13,155,117.00           0.00
045424FV5/U045 1000.000000000              1000.000000000    0.000000000
B-5            13,155,117.00               13,155,117.00           0.00
045424FW3/U045 1000.000000000              1000.000000000    0.000000000
B-6            21,925,195.00               21,925,195.00           0.00
045424FX1/U045 1000.000000000              1000.000000000    0.000000000
B-7            13,154,124.00               13,154,124.00           0.00
045424FY9      1000.000000000              1000.000000000    0.000000000
B-7H                1,000.33                    1,000.33           0.00
045424FZ6      1000.000000000              1000.000000000    0.000000000
R                       0.00                        0.00           0.00
045424GC6      1000.000000000                 0.000000000    0.000000000

              1,785,756,555.10            1,773,116,533.3  1,649,202.75

              Principal      Negative     Closing
Class         Adj. or Loss   Amortization Balance
CUSIP         Per $1,000     Per $1,000   Per $1,000

A-1A                    0.00         0.00 151,662,994.85
045424FD5         0.000000000  0.000000000  919.068579354
A-1B                    0.00         0.00 172,648,684.00
045424FE3         0.000000000  0.000000000 1000.000000000
A-1C                    0.00         0.00 712,971,079.00
045424FF0         0.000000000  0.000000000 1000.000000000
A-1D                    0.00         0.00 229,793,503.00
045424FG8         0.000000000  0.000000000 1000.000000000
A-CS1                   0.00         0.00 151,662,994.85
045424FH6         0.000000000  0.000000000  919.068579354
PS-1                    0.00         0.00 1,740,660,483.18
045424FJ2         0.000000000  0.000000000  992.385955663
A-1E                    0.00         0.00  52,620,469.00
045424GE2         0.000000000  0.000000000 1000.000000000
A-2                     0.00         0.00  87,700,781.00
045424FK9         0.000000000  0.000000000 1000.000000000
A-3                     0.00         0.00  52,620,469.00
045424FL7         0.000000000  0.000000000 1000.000000000
A-4                     0.00         0.00  26,310,234.00
045424FM5         0.000000000  0.000000000 1000.000000000
A-5                     0.00         0.00  39,465,351.00
045424FN3         0.000000000  0.000000000 1000.000000000
A-6                     0.00         0.00  43,850,390.00
045424FP8         0.000000000  0.000000000 1000.000000000
A-7                     0.00         0.00  21,925,195.00
045424FQ6         0.000000000  0.000000000 1000.000000000
A-8Z                    0.00    51,319.67   6,139,663.77
045424FR4         0.000000000  8.939278198 1069.456652493
B-1                     0.00         0.00  39,465,351.00
045424FS2/U045    0.000000000  0.000000000 1000.000000000
B-2                     0.00         0.00  39,465,351.00
045424FT0/U045    0.000000000  0.000000000 1000.000000000
B-3                     0.00         0.00   8,770,078.00
045424FU7/U045    0.000000000  0.000000000 1000.000000000
B-3SC                   0.00         0.00  24,718,503.28
045424GG7         0.000000000  0.000000000  950.711664615
B-4                     0.00         0.00  13,155,117.00
045424FV5/U045    0.000000000  0.000000000 1000.000000000
B-5                     0.00         0.00  13,155,117.00
045424FW3/U045    0.000000000  0.000000000 1000.000000000
B-6                     0.00         0.00  21,925,195.00
045424FX1/U045    0.000000000  0.000000000 1000.000000000
B-7                     0.00         0.00  13,154,124.00
045424FY9         0.000000000  0.000000000 1000.000000000
B-7H                    0.00         0.00       1,000.33
045424FZ6         0.000000000  0.000000000 1000.000000000
R                       0.00         0.00           0.00
045424GC6         0.000000000  0.000000000    0.000000000

                        0.00    51,319.67 1,771,518,650.23

              Interest       Interest     Pass-Through
Class         Payment        Adjustment   Rate (2)
CUSIP         Per $1,000     Per $1,000   Next Rate (3)

A-1A              829,573.39         0.00     6.50000000%
045424FD5         5.027164588  0.000000000Fixed
A-1B              958,200.20         0.00     6.66000000%
045424FE3         5.550000022  0.000000000Fixed
A-1C            4,010,462.32         0.00     6.75000000%
045424FF0         5.625000001  0.000000000Fixed
A-1D            1,311,737.91         0.00     6.85000000%
045424FG8         5.708333320  0.000000000Fixed
A-CS1             266,466.88         0.00     2.08786198%
045424FH6         1.614773182  0.000000000    1.83472811%
PS-1            2,273,987.32         0.00     1.56633216%
045424FJ2         1.296446436  0.000000000    1.37804348%
A-1E              303,883.21         0.00     6.93000000%
045424GE2         5.775000029  0.000000000Fixed
A-2               516,547.51         0.00     7.06786198%
045424FK9         5.889884949  0.000000000    6.81472811%
A-3               312,121.03         0.00     7.11786198%
045424FL7         5.931551655  0.000000000    6.86472811%
A-4               157,156.77         0.00     7.16786198%
045424FM5         5.973218254  0.000000000    6.91472811%
A-5               236,392.91         0.00     7.18786198%
045424FN3         5.989884899  0.000000000    6.93472811%
A-6               271,794.29         0.00     7.43786198%
045424FP8         6.198218305  0.000000000    7.18472811%
A-7               140,282.18         0.00     7.67786198%
045424FQ6         6.398218123  0.000000000    7.42472811%
A-8Z                    0.00         0.00     0.00000000%
045424FR4         0.000000000  0.000000000    0.00000000%
B-1               227,912.40         0.00     6.93000000%
045424FS2/U045    5.774999949  0.000000000Fixed
B-2               227,912.40         0.00     6.93000000%
045424FT0/U045    5.774999949  0.000000000Fixed
B-3                50,647.20         0.00     6.93000000%
045424FU7/U045    5.774999949  0.000000000Fixed
B-3SC                   0.00         0.00
045424GG7         0.000000000  0.000000000
B-4                75,970.80         0.00     6.93000000%
045424FV5/U045    5.774999949  0.000000000Fixed
B-5                75,970.80         0.00     6.93000000%
045424FW3/U045    5.774999949  0.000000000Fixed
B-6               126,618.00         0.00     6.93000000%
045424FX1/U045    5.774999949  0.000000000Fixed
B-7                94,292.29       154.11     8.58786198%
045424FY9         7.168268294  0.011715717    8.33472811%
B-7H                    7.17         0.01     8.58786198%
045424FZ6         7.167634681  0.009996701    8.33472811%
R                       0.00         0.00
045424GC6         0.000000000  0.000000000

               12,467,936.98       154.12

Total P&I Payment            14,117,139.73


REMIC I

              Original                    Opening        Principal
Class         Face Value (1)              Balance        Payment
CUSIP         Per $1,000                  Per $1,000     Per $1,000

A-1A-L        165,018,148.00              153,152,010.51   1,489,015.66
None           1000.000000000               928.091924229    9.023344875
A-1B-L        172,648,684.00              172,648,684.00           0.00
None           1000.000000000              1000.000000000    0.000000000
A-1C-L        712,971,079.00              712,971,079.00           0.00
None           1000.000000000              1000.000000000    0.000000000
A-1D-L        229,793,503.00              229,793,503.00           0.00
None           1000.000000000              1000.000000000    0.000000000
A-1E-L         52,620,469.00               52,620,469.00           0.00
None           1000.000000000              1000.000000000    0.000000000
A-2-L          87,700,781.00               87,700,781.00           0.00
None           1000.000000000              1000.000000000    0.000000000
A-3-L          52,620,469.00               52,620,469.00           0.00
None           1000.000000000              1000.000000000    0.000000000
A-4-L          26,310,234.00               26,310,234.00           0.00
None           1000.000000000              1000.000000000    0.000000000
A-5-L          39,465,351.00               39,465,351.00           0.00
None           1000.000000000              1000.000000000    0.000000000
A-6-L          43,850,390.00               43,850,390.00           0.00
None           1000.000000000              1000.000000000    0.000000000
A-7-L          21,925,195.00               21,925,195.00           0.00
None           1000.000000000              1000.000000000    0.000000000
A-8Z-L          5,740,918.77                6,088,344.10           0.00
None           1000.000000000              1060.517374295    0.000000000
B-1-L          39,465,351.00               39,465,351.00           0.00
None           1000.000000000              1000.000000000    0.000000000
B-2-L          39,465,351.00               39,465,351.00           0.00
None           1000.000000000              1000.000000000    0.000000000
B-3-L           8,770,078.00                8,770,078.00           0.00
None           1000.000000000              1000.000000000    0.000000000
B-3SC-L        26,000,000.00               24,878,690.37     160,187.09
None           1000.000000000               956.872706538    6.161041923
B-4-L          13,155,117.00               13,155,117.00           0.00
None           1000.000000000              1000.000000000    0.000000000
B-5-L          13,155,117.00               13,155,117.00           0.00
None           1000.000000000              1000.000000000    0.000000000
B-6-L          21,925,195.00               21,925,195.00           0.00
None           1000.000000000              1000.000000000    0.000000000
B-7-L          13,154,124.00               13,154,124.00           0.00
None           1000.000000000              1000.000000000    0.000000000
B-7H-L              1,000.33                    1,000.33           0.00
None           1000.000000000              1000.000000000    0.000000000
LR                      0.00                        0.00           0.00
045424GD4      1000.000000000                 0.000000000    0.000000000

              1,785,756,555.10            1,773,116,533.3  1,649,202.75

              Principal      Negative     Closing
Class         Adj. or Loss   Amortization Balance
CUSIP         Per $1,000     Per $1,000   Per $1,000

A-1A-L                  0.00         0.00 151,662,994.85
None              0.000000000  0.000000000  919.068579354
A-1B-L                  0.00         0.00 172,648,684.00
None              0.000000000  0.000000000 1000.000000000
A-1C-L                  0.00         0.00 712,971,079.00
None              0.000000000  0.000000000 1000.000000000
A-1D-L                  0.00         0.00 229,793,503.00
None              0.000000000  0.000000000 1000.000000000
A-1E-L                  0.00         0.00  52,620,469.00
None              0.000000000  0.000000000 1000.000000000
A-2-L                   0.00         0.00  87,700,781.00
None              0.000000000  0.000000000 1000.000000000
A-3-L                   0.00         0.00  52,620,469.00
None              0.000000000  0.000000000 1000.000000000
A-4-L                   0.00         0.00  26,310,234.00
None              0.000000000  0.000000000 1000.000000000
A-5-L                   0.00         0.00  39,465,351.00
None              0.000000000  0.000000000 1000.000000000
A-6-L                   0.00         0.00  43,850,390.00
None              0.000000000  0.000000000 1000.000000000
A-7-L                   0.00         0.00  21,925,195.00
None              0.000000000  0.000000000 1000.000000000
A-8Z-L                  0.00    51,319.67   6,139,663.77
None              0.000000000  8.939278198 1069.456652493
B-1-L                   0.00         0.00  39,465,351.00
None              0.000000000  0.000000000 1000.000000000
B-2-L                   0.00         0.00  39,465,351.00
None              0.000000000  0.000000000 1000.000000000
B-3-L                   0.00         0.00   8,770,078.00
None              0.000000000  0.000000000 1000.000000000
B-3SC-L                 0.00         0.00  24,718,503.28
None              0.000000000  0.000000000  950.711664615
B-4-L                   0.00         0.00  13,155,117.00
None              0.000000000  0.000000000 1000.000000000
B-5-L                   0.00         0.00  13,155,117.00
None              0.000000000  0.000000000 1000.000000000
B-6-L                   0.00         0.00  21,925,195.00
None              0.000000000  0.000000000 1000.000000000
B-7-L                   0.00         0.00  13,154,124.00
None              0.000000000  0.000000000 1000.000000000
B-7H-L                  0.00         0.00       1,000.33
None              0.000000000  0.000000000 1000.000000000
LR                      0.00         0.00           0.00
045424GD4         0.000000000  0.000000000    0.000000000

                        0.00    51,319.67 1,771,518,650.23

              Interest       Interest     Pass-Through
Class         Payment        Adjustment   Rate (2)
CUSIP         Per $1,000     Per $1,000   Next Rate (3)

A-1A-L          1,096,040.27         0.00     8.58786198%
None              6.641937770  0.000000000    8.33472811%
A-1B-L          1,235,569.22         0.00     8.58786198%
None              7.156551625  0.000000000    8.33472811%
A-1C-L          5,102,414.35         0.00     8.58786198%
None              7.156551647  0.000000000    8.33472811%
A-1D-L          1,644,529.07         0.00     8.58786198%
None              7.156551637  0.000000000    8.33472811%
A-1E-L            376,581.10         0.00     8.58786198%
None              7.156551569  0.000000000    8.33472811%
A-2-L             627,635.17         0.00     8.58786198%
None              7.156551662  0.000000000    8.33472811%
A-3-L             376,581.10         0.00     8.58786198%
None              7.156551569  0.000000000    8.33472811%
A-4-L             188,290.55         0.00     8.58786198%
None              7.156551705  0.000000000    8.33472811%
A-5-L             282,435.82         0.00     8.58786198%
None              7.156551579  0.000000000    8.33472811%
A-6-L             313,817.58         0.00     8.58786198%
None              7.156551629  0.000000000    8.33472811%
A-7-L             156,908.79         0.00     8.58786198%
None              7.156551629  0.000000000    8.33472811%
A-8Z-L                  0.00         0.00
None              0.000000000  0.000000000
B-1-L             282,435.82         0.00     8.58786198%
None              7.156551579  0.000000000    8.33472811%
B-2-L             282,435.82         0.00     8.58786198%
None              7.156551579  0.000000000    8.33472811%
B-3-L              62,763.52         0.00     8.58786198%
None              7.156552085  0.000000000    8.33472811%
B-3SC-L                 0.00         0.00
None              0.000000000  0.000000000
B-4-L              94,145.27         0.00     8.58786198%
None              7.156551325  0.000000000    8.33472811%
B-5-L              94,145.27         0.00     8.58786198%
None              7.156551325  0.000000000    8.33472811%
B-6-L             156,908.81         0.00     8.58786198%
None              7.156552541  0.000000000    8.33472811%
B-7-L              94,292.28       154.11     8.58786198%
None              7.168267533  0.011715717    8.33472811%
B-7H-L                  7.17         0.01     8.58786198%
None              7.167634681  0.009996701    8.33472811%
LR                      0.00         0.00
045424GD4         0.000000000  0.000000000

               12,467,936.98       154.12

Total P&I Payment            14,117,139.73


Grantor Trust

              Original                    Opening        Principal
Class         Face Value (1)              Balance        Payment
CUSIP         Per $1,000                  Per $1,000     Per $1,000

V-1                     0.00                        0.00           0.00
045424GA0      1000.000000000                 0.000000000    0.000000000
V-2                     0.00                        0.00           0.00
045424GB8      1000.000000000                 0.000000000    0.000000000

                        0.00                        0.00           0.00

              Principal      Negative     Closing
Class         Adj. or Loss   Amortization Balance
CUSIP         Per $1,000     Per $1,000   Per $1,000

V-1                     0.00         0.00           0.00
045424GA0         0.000000000  0.000000000    0.000000000
V-2                     0.00         0.00           0.00
045424GB7         0.000000000  0.000000000    0.000000000

                        0.00         0.00           0.00

              Interest       Interest     Pass-Through
Class         Payment        Adjustment   Rate (2)
CUSIP         Per $1,000     Per $1,000   Next Rate (3)

V-1                     0.00         0.00
045424GA0         0.000000000  0.000000000
V-2                     0.00         0.00
045424GB7         0.000000000  0.000000000

                        0.00         0.00

Total P&I Payment                    0.00

Notes:  (1) N denotes notional balance not included in total
(2) Interest Paid minus Interest Adjustment minus Deferred
Interest equals Accrual  (3) Estimated
Other Related Information

Amount of Available Funds allocable to principal:

Principal Distribution Amount  1,649,202.75

P&I Advances made byBeginning  Current
                    UnreimbursePeriod

Servicer             52,475.80     9,023.41
Trustee                   0.00         0.00
Fiscal Agent              0.00         0.00

Total P&I Advances   52,475.80     9,023.41

                               Ending
                    Reimbursed Unreimbursed

Servicer             52,475.80     9,023.41
Trustee                   0.00         0.00
Fiscal Agent              0.00         0.00

Total P&I Advances   52,475.80     9,023.41

Specially Serviced Mortgage Loans:

Amount of Property Advances made during Collection Perio              0
Amount of P&I Advances made during Collection Period                  0
Aggregate Amount of Property Advances remaining Unreimbu              0
Aggregate Amount of P&I Advances remaining Unreimbursed               0


Number of Outstanding Loans                                         156
Outstanding Principal Balance                           1,740,660,483.18


Current Amount of Prepayment Interest Shortfalls                      0
in excess of Servicer Prepayment Interest Shortfalls                  0


Summary of Mortgage Loans Repurchase by Seller or Liquidated or Disposed of :


Loan                Repurchase              Liquidation
Number              Proceeds                Proceeds
         0                0.00                     0.00
         0                0.00                     0.00
         0                0.00                     0.00

Totals                    0.00                     0.00

                               Amounts
Number                         Included in
         0          Other      Available
         0          Proceeds   Funds
         0                 0.00         0.00
         0                 0.00         0.00
Totals                     0.00         0.00

         0                 0.00         0.00


Summary of Expenses:

Current Period Servicing Fees                                50,780.44
Current Period Trustee Fees                                   4,352.61
Current Period Special Servicing Fees                             0.00
Principal Recovery Fees                                           0.00
Other Servicing Compensation                                      0.00

Total                                                        55,133.05

Prepayment Premiums received during the Collection Perio          0.00
Default Interest received during the Collection Period            0.00
Net Default Interest received during the Collection Peri          0.00
Excess Interest received during the Collection Period             0.00

Trust Fund Expenses                                               0.00
Current Realized Losses on Mortgage Loans                         0.00
Cumulative Realized Losses on Mortgage Loans                      0.00



                    Remaining  Current
          Current   UnreimburseReduction
          Interest  Interest   Interest
Class     Shortfall Shortfall  Shortfall
A-1C           0.00       0.00         0.00
A-1D           0.00       0.00         0.00
A-CS1          0.00       0.00         0.00
PS-1           0.00       0.00         0.00
A-1E           0.00       0.00         0.00
A-2            0.00       0.00         0.00
A-3            0.00       0.00         0.00
A-4            0.00       0.00         0.00
A-5            0.00       0.00         0.00
A-6            0.00       0.00         0.00
A-7            0.00       0.00         0.00
A-8Z           0.00       0.00         0.00
B-1            0.00       0.00         0.00
B-2            0.00       0.00         0.00
B-3            0.00       0.00         0.00
B-3SC          0.00       0.00         0.00
B-4            0.00       0.00         0.00
B-5            0.00       0.00         0.00
B-6            0.00       0.00         0.00
B-7            0.00       0.00         0.00
B-7H           0.00       0.00         0.00
R              0.00       0.00         0.00
V-1            0.00       0.00         0.00

          Remaining
          Unreimbursed
          Reduction Reduction
          Interest  Interest
Class     Shortfall Pass-Thru Rate
A-1C           0.00   0.000000%
A-1D           0.00   0.000000%
A-CS1          0.00   0.000000%
PS-1           0.00   0.000000%
A-1E           0.00   0.000000%
A-2            0.00   0.000000%
A-3            0.00   0.000000%
A-4            0.00   0.000000%
A-5            0.00   0.000000%
A-6            0.00   0.000000%
A-7            0.00   0.000000%
A-8Z           0.00   0.000000%
B-1            0.00   0.000000%
B-2            0.00   0.000000%
B-3            0.00   0.000000%
B-3SC          0.00   0.000000%
B-4            0.00   0.000000%
B-5            0.00   0.000000%
B-6            0.00   0.000000%
B-7            0.00   0.000000%
B-7H           0.00   0.000000%
R              0.00   0.000000%
V-1            0.00   0.000000%


REO Property sold of disposed of during the related Collection Period


          Realized
Loan      Loss      Sale       Other
Number    AttributabProceeds   Proceeds

         0     0.00       0.00         0.00
         0     0.00       0.00         0.00
         0     0.00       0.00         0.00

Totals         0.00       0.00         0.00

          Portion   Final
          Included iRecovery
Loan      Available Determination
Number    Funds     Date

         0     0.00       0.00
         0     0.00       0.00
         0     0.00       0.00

Totals         0.00       0.00

REO Property included in the Trust

          Most      Aggregate
          Recent    Amount
Loan      Appraisal of Net
Number    Valuation Income

         0     0.00       0.00
         0     0.00       0.00
         0     0.00       0.00

Totals         0.00       0.00

          Aggregate Portion
          Amount    Included in
Loan      of Other  Available
Number    Revenues  Funds

         0     0.00       0.00
         0     0.00       0.00
         0     0.00       0.00

Totals         0.00       0.00


Mortgaged Properties that became REO during the preceding calendar month



Loan                           Property
Number    City      State      Type
         0         0          0            0
         0         0          0            0
         0         0          0            0
         0         0          0            0
         0         0          0            0
Totals             0          0            0

                               Unpaid
          Debt                 Principal
          Service   Stated     Balance
Loan      Coverage  Principal  as of REO
Number    Ratio     Balance    Date
         0         0          0            0
         0         0          0            0
         0         0          0            0
         0         0          0            0
         0         0          0            0
Totals             0          0            0

Appraisal Reduction Amounts

Loan                Current
Number              Period

                              0
                              0
                              0

Totals                        0

Loan                Total
Number              Reduction
         0
                              0
                              0
                              0
         0
Totals                        0


DistributiDelinq 1 Month       Delinq 2 Months
Date      #         Balance    #            Balance
  06/16/98         0      0.00             0       0.00
               0.00%     0.000%        0.00%      0.000%

DistributiDelinq 3+  Months    Foreclosure/Bankruptcy
Date      #         Balance    #            Balance
  06/16/98         0      0.00             0       0.00
               0.00%     0.000%        0.00%      0.000%

DistributiREO                  Modifications
Date      #         Balance    #            Balance
  06/16/98         0      0.00             0       0.00
               0.00%     0.000%        0.00%      0.000%

DistributiPrepayments          Curr Weighted Avg.
Date      #         Balance    Coupon       Remit
  06/16/98         0      0.00       8.4752%     8.4379%
               0.00%     0.000%

Note:  Foreclosure and REO Totals are Included in the Appropriate Delinquency A


Delinquent Loan Detail

                    Paid                    Outstanding
Disclosure Doc      Thru       Current P&I  P&I
Control #           Date       Advance      Advances**

       148A            05/11/98    9,023.41    9,023.41



























Total                              9,023.41    9,023.41

                    Out. Property           Special
Disclosure Doc      Protection Advance      Servicer
Control #           Advances   Description (Transfer Date

       148A               0.00  B



























Total              0      0.00


Disclosure Doc      ForeclosureBankruptcy   REO
Control #           Date       Date         Date

       148A




























A.  P&I Advance - Loan in Grace Period
B.  P&I Advance - Late Payment but less than one month delinq
1.  P&I Advance - Loan delinquent 1 month
2.  P&I Advance - Loan delinquent 2 months
3.  P&I Advance - Loan delinquent 3 months or More
4.  Matured Balloon/Assumed Scheduled Payment


Pool Total

Distribution of Principal Balances
Current  Scheduled             Number        Scheduled
Balances                       of Loans     Balance
         0to          1,000,000            6   5,078,797
 1,000,000to          2,500,000           30  52,909,775
 2,500,000to          5,000,000           51 183,778,290
 5,000,000to          7,500,000           15  92,002,773
 7,500,000to         10,000,000           14 120,278,802
10,000,000to         12,500,000           10 111,923,666
12,500,000to         15,000,000            4  55,168,359
15,000,000to         17,500,000            4  64,302,107
17,500,000to         20,000,000            4  73,988,396
20,000,000to         25,000,000            2  48,109,982
25,000,000to         40,000,000            4 146,937,064
40,000,000to         45,000,000            3 130,023,039
45,000,000to         50,000,000            2  98,654,314
50,000,000to         55,000,000            1  50,552,931
55,000,000to         60,000,000            1  56,926,263
60,000,000to         65,000,000            1  61,128,846
65,000,000to         75,000,000            1  74,194,650
75,000,000to         85,000,000            0           0
85,000,000to         90,000,000            1  85,629,595
90,000,000&         Above                  2 229,072,835
Total                                    1561,740,660,483

Current  Scheduled             Based on
Balances                       Balance
         0to          1,000,000        0.29%
 1,000,000to          2,500,000        2.99%
 2,500,000to          5,000,000       10.37%
 5,000,000to          7,500,000        5.19%
 7,500,000to         10,000,000        6.79%
10,000,000to         12,500,000        6.32%
12,500,000to         15,000,000        3.11%
15,000,000to         17,500,000        3.63%
17,500,000to         20,000,000        4.18%
20,000,000to         25,000,000        2.72%
25,000,000to         40,000,000        8.29%
40,000,000to         45,000,000        7.34%
45,000,000to         50,000,000        5.57%
50,000,000to         55,000,000        2.85%
55,000,000to         60,000,000        3.21%
60,000,000to         65,000,000        3.45%
65,000,000to         75,000,000        4.19%
75,000,000to         85,000,000        0.00%
85,000,000to         90,000,000        4.83%
90,000,000&         Above             12.93%
Total                                 98.26%

Average Scheduled Balance is      11,158,080
Maximum  Scheduled Balance is    120,505,246
Minimum  Scheduled Balance is        749,522


Distribution of Property Types
                    Number      Scheduled
Property Types      of Loans   Balance
Retail                       51  505,544,119
Office                       28  481,043,844
Multifamily                  36  337,916,054
Lodging                      15  237,951,850
Health Care                   5   60,343,270
Mixed Use                     1   44,623,797
Industrial                    7   40,465,580
Mobile Home                  13   32,771,969

Total                       1561,740,660,483

                    Based on
Property Types      Balance
Retail                   28.54%
Office                   27.15%
Multifamily              19.07%
Lodging                  13.43%
Health Care               3.41%
Mixed Use                 2.52%
Industrial                2.28%
Mobile Home               1.85%

Total                    98.26%


Distribution of Mortgage Interest Rates
 Current Mortgage              Number        Scheduled
Interest Rate                  of Loans     Balance
    7.000%or        less                   0           0
    7.000%to             7.500%            9  88,706,242
    7.500%to             8.000%           35 482,612,144
    8.000%to             8.500%           34 405,356,590
    8.500%to             9.000%           51 547,413,896
    9.000%to             9.500%           21 146,706,384
    9.500%to            10.000%            3  63,773,220
   10.000%to            10.500%            3   6,092,007
   10.500%to            11.000%            0           0
   11.000%to            11.500%            0           0
   11.500%to            12.000%            0           0
   12.000%to            12.500%            0           0
   12.500%to            13.000%            0           0
   13.000%to            13.500%            0           0
   13.500%&         Above                  0           0
Total                                    1561,740,660,483

 Current Mortgage              Based on
Interest Rate                  Balance
    7.000%or        less               0.00%
    7.000%to             7.500%        5.01%
    7.500%to             8.000%       27.24%
    8.000%to             8.500%       22.88%
    8.500%to             9.000%       30.90%
    9.000%to             9.500%        8.28%
    9.500%to            10.000%        3.60%
   10.000%to            10.500%        0.34%
   10.500%to            11.000%        0.00%
   11.000%to            11.500%        0.00%
   11.500%to            12.000%        0.00%
   12.000%to            12.500%        0.00%
   12.500%to            13.000%        0.00%
   13.000%to            13.500%        0.00%
   13.500%&         Above              0.00%
Total                                 98.26%

W/Avg Mortgage Interest Rate is      8.3726%
Minimum Mortgage Interest Rate       7.2800%
Maximum Mortgage Interest Rate      10.1300%


Geographic Distribution
                    Number      Scheduled   Based on
Geographic Location of Loans   Balance      Balance
Various                       4  280,855,493      15.85%
New Jersey                    5  181,628,639      10.25%
Texas                        16  141,975,373       8.01%
Maryland                      8  123,281,088       6.96%
New York                      7  113,550,040       6.41%
Ohio                         11  113,099,423       6.38%
California                   18   98,830,186       5.58%
Virginia                      7   78,154,264       4.41%
Georgia                       2   75,970,906       4.29%
Alabama                       3   71,384,793       4.03%
Illinois                      4   60,300,943       3.40%
Massachusetts                 7   56,042,624       3.16%
Other                         1   49,251,659       2.78%
Michigan                     10   40,709,728       2.30%
Pennsylvania                  7   27,946,803       1.58%
North Carolina                6   26,142,560       1.48%
Arizona                       5   24,694,481       1.39%
Florida                       7   24,541,923       1.39%
Missouri                      1   23,731,089       1.34%
South Carolina                3   15,764,046       0.89%
Kentucky                      2   15,527,083       0.88%
Delaware                      2   14,522,158       0.82%
Rhode Island                  1   14,332,244       0.81%
Connecticut                   2   12,542,539       0.71%
Oregon                        1   10,828,167       0.61%
Indiana                       2    8,960,608       0.51%
Tennessee                     2    8,051,319       0.45%
Washington                    2    5,848,243       0.33%
Arkansas                      1    3,833,271       0.22%
Montana                       2    3,802,253       0.21%
Other                         7   14,556,537       0.82%
Total                       1561,740,660,483      98.26%


Loan Seasoning
                    Number      Scheduled   Based on
Number of Years     of Loans   Balance      Balance
1 year or less              1561,740,660,483      98.26%
 1+ to 2 years                0            0       0.00%
2+ to 3 years                 0            0       0.00%
3+ to 4 years                 0            0       0.00%
4+ to 5 years                 0            0       0.00%
5+ to 6 years                 0            0       0.00%
6+ to 7 years                 0            0       0.00%
7+ to 8 years                 0            0       0.00%
8+ to 9 years                 0            0       0.00%
9+ to 10 years                0            0       0.00%
10  years or more             0            0       0.00%
Total                       1561,740,660,483      98.26%
          Weighted Average Seasoning is              0.7


Distribution of Remaining Term
Fully Amortizing
Fully Amortizing               Number        Scheduled  Based on
Mortgage Loans                 of Loans     Balance     Balance
          60 months or less                0           0          0.00%
          61 to 120 months                 2  41,669,330          2.35%
          121 to 180 months                7  15,352,761          0.87%
          181 to 240 months               19 190,281,100         10.74%
          241 to 360 months              1281,493,357,29         84.30%
Total                                    1561,740,660,48         98.26%
                    Weighted Average Months to Maturity             307


Distribution of DSCR
          Debt Service         Number        Scheduled  Based on
          Coverage Ratio (1)   of Loans     Balance     Balance
     0.500or        less                   1  40,399,242          2.28%
     0.500to              0.625            0           0          0.00%
     0.625to              0.750            0           0          0.00%
     0.750to              0.875            0           0          0.00%
     0.875to              1.000            0           0          0.00%
     1.000to              1.125            0           0          0.00%
     1.125to              1.250            0           0          0.00%
     1.250to              1.375            0           0          0.00%
     1.375to              1.500            0           0          0.00%
     1.500to              1.625            0           0          0.00%
     1.625to              1.750            0           0          0.00%
     1.750to              1.875            0           0          0.00%
     1.875to              2.000            0           0          0.00%
     2.000to              2.125            0           0          0.00%
     2.125&         above                  0           0          0.00%
Unknown                                  1551,700,261,24         95.98%
Total                                    1561,740,660,48         98.26%
Weighted Average Debt Service Coverage Ratio is                   0.301


Distribution of Remaining Term
Balloon Loans
Balloon             Number      Scheduled   Based on
Mortgage Loans      of Loans   Balance      Balance
12 months or less             0            0       0.00%
13 to 24 months               0            0       0.00%
25 to 36 months               0            0       0.00%
37 to 48 months               0            0       0.00%
49 to 60 months               0            0       0.00%
61 to 120 months              0            0       0.00%
121 to 180 months             0            0       0.00%
181 to 240 months             0            0       0.00%
Total                         0            0       0.00%
          Weighted Average Months to Maturit           0


Distribution of Amortization Type
                    Number      Scheduled   Based on
Amortization Type   of Loans   Balance      Balance
Fully Amortizing            1561,740,660,483      98.26%


                    Number      Scheduled   Based on
NOI Date            of Loans   Balance      Balance
1 year or less               60  668,484,997      37.74%
1 to 2 years                 70  636,117,830      35.91%
2 Years or More               0            0       0.00%
Unknown                      26  436,057,656      24.61%
Total                       1561,740,660,483      98.26%

(1) Debt Service Coverage Ratios are calculated as described in the prospectus,
values are updated periodically as new NOI figures become available from
borrowers on an asset level.
Neither the Trustee, Servicer, Special Servicer or Underwriter makes any
representation as to the accuracy of the data provided by the borrower
for this calculation.


Loan Level Detail

                    Property
Disclosure          Type       Maturity
Control # Group     Code       Date         DSCR **

         2NOM97D5A  Office          03/11/22
         3NOM97D5A  Multifamily     10/11/27
         4NOM97D5A  Lodging         06/11/22
         5NOM97D5A  Retail          07/11/27
         6NOM97D5A  Office          09/11/27
         7NOM97D5A  Office          10/11/27
         8NOM97D5A  Health Care     09/11/17
         9NOM97D5A  Lodging         08/11/17
        10NOM97D5A  Office          09/11/07       0.301
        11NOM97D5A  Office          02/11/41
        12NOM97D5A  Mixed Use       10/11/22
        13NOM97D5A  Lodging         10/11/22
        14NOM97D5A  Retail          10/11/27
        15NOM97D5A  Retail          10/11/27
        16NOM97D5A  Multifamily     05/11/27
        17NOM97D5A  Multifamily     10/11/27
        18NOM97D5A  Multifamily     04/11/27
        19NOM97D5A  Multifamily     07/11/27
        20NOM97D5A  Multifamily     06/11/27
        21NOM97D5A  Office          10/11/27
        22NOM97D5A  Multifamily     08/11/27
        23NOM97D5A  Lodging         08/11/22
        24NOM97D5A  Retail          10/11/27
        25NOM97D5A  Industrial      08/11/17
        26NOM97D5A  Office          03/11/14
        27NOM97D5A  Office          10/11/22
        28NOM97D5A  Office          10/11/27
        29NOM97D5A  Office          08/11/22
        30NOM97D5A  Lodging         09/11/22
        31NOM97D5A  Office          04/11/24
        32NOM97D5A  Retail          11/11/26
        33NOM97D5A  Lodging         10/11/22
        34NOM97D5A  Lodging         05/11/22
        35NOM97D5A  Office          10/11/17
        36NOM97D5A  Retail          06/11/22
        37NOM97D5A  Retail          05/11/19
        38NOM97D5A  Retail          10/11/27
        39NOM97D5A  Retail          09/11/27
        40NOM97D5A  Multifamily     05/11/27
        41NOM97D5A  Office          09/11/27
        42NOM97D5A  Retail          08/11/19
        43NOM97D5A  Retail          10/01/19
        44NOM97D5A  Lodging         10/11/17
        45NOM97D5A  Multifamily     10/11/27
        46NOM97D5A  Multifamily     07/11/27
        47NOM97D5A  Retail          09/11/19
        48NOM97D5A  Industrial      08/11/17
        49NOM97D5A  Multifamily     10/11/27
        50NOM97D5A  Retail          09/11/19
        51NOM97D5A  Office          12/11/21
        52NOM97D5A  Office          11/11/22
        53NOM97D5A  Retail          03/11/20
        54NOM97D5A  Office          10/11/27
        55NOM97D5A  Multifamily     09/11/27
        56NOM97D5A  Multifamily     10/11/27
        57NOM97D5A  Retail          01/11/22
        58NOM97D5A  Retail          07/11/22
        59NOM97D5A  Industrial      10/11/22
        60NOM97D5A  Retail          08/11/22
        61NOM97D5A  Office          07/11/22
        62NOM97D5A  Multifamily     10/11/25
        63NOM97D5A  Retail          04/11/27
        64NOM97D5A  Retail          09/11/27
        65NOM97D5A  Retail          06/25/19
        66NOM97D5A  Multifamily     10/11/27
        67NOM97D5A  Retail          08/11/17
        68NOM97D5A  Multifamily     10/11/27
        69NOM97D5A  Office          04/11/22
        70NOM97D5A  Retail          06/25/19
        71NOM97D5A  Mobile Home     01/11/27
        72NOM97D5A  Office          01/11/22
        73NOM97D5A  Retail          08/11/22
        74NOM97D5A  Office          10/11/22
        75NOM97D5A  Multifamily     10/11/27
        76NOM97D5A  Retail          09/11/27
        77NOM97D5A  Mobile Home     07/11/27
        78NOM97D5A  Retail          10/11/27
        79NOM97D5A  Retail          06/25/19
        80NOM97D5A  Retail          06/25/19
        81NOM97D5A  Health Care     02/11/12
        81NOM97D5A  Health Care     02/11/12
        82NOM97D5A  Multifamily     08/11/22
        83NOM97D5A  Office          07/11/22
        84NOM97D5A  Multifamily     10/11/27
        85NOM97D5A  Retail          10/11/27
        86NOM97D5A  Retail          08/11/17
        87NOM97D5A  Retail          07/11/22
        88NOM97D5A  Retail          09/11/27
        89NOM97D5A  Retail          08/11/22
        90NOM97D5A  Multifamily     09/11/27
        91NOM97D5A  Retail          08/11/22
        92NOM97D5A  Retail          10/11/22
        93NOM97D5A  Office          08/11/25
        94NOM97D5A  Retail          08/11/17
        95NOM97D5A  Mobile Home     07/11/27
        96NOM97D5A  Health Care     02/11/12
        97NOM97D5A  Office          05/11/24
        98NOM97D5A  Retail          02/11/22
        99NOM97D5A  Health Care     04/11/12
       100NOM97D5A  Office          12/11/21
       101NOM97D5A  Industrial      01/11/22
       102NOM97D5A  Retail          09/11/22
       103NOM97D5A  Industrial      06/11/23
       104NOM97D5A  Office          06/11/22
       105NOM97D5A  Mobile Home     10/11/27
       106NOM97D5A  Retail          09/11/22
       107NOM97D5A  Retail          10/11/22
       108NOM97D5A  Office          06/11/22
       109NOM97D5A  Office          12/11/21
       110NOM97D5A  Multifamily     07/11/22
       111NOM97D5A  Mobile Home     09/11/27
       112NOM97D5A  Mobile Home     09/11/27
       113NOM97D5A  Retail          08/11/22
       114NOM97D5A  Multifamily     09/11/22
       115NOM97D5A  Mobile Home     07/11/27
       116NOM97D5A  Retail          08/11/17
       117NOM97D5A  Multifamily     10/11/27
       118NOM97D5A  Retail          03/11/12
       119NOM97D5A  Retail          04/11/25
       120NOM97D5A  Lodging         06/11/17
       121NOM97D5A  Multifamily     10/11/24
       122NOM97D5A  Lodging         09/11/22
       123NOM97D5A  Retail          10/11/27
       124NOM97D5A  Multifamily     05/11/17
       125NOM97D5A  Mobile Home     06/11/22
       126NOM97D5A  Retail          08/11/17
       127NOM97D5A  Multifamily     09/11/27
       128NOM97D5A  Retail          08/11/24
       129NOM97D5A  Retail          10/11/22
       130NOM97D5A  Multifamily     05/11/27
       131NOM97D5A  Lodging         10/11/22
       132NOM97D5A  Lodging         09/11/22
       133NOM97D5A  Multifamily     08/11/22
       134NOM97D5A  Mobile Home     07/11/27
       135NOM97D5A  Lodging         09/11/17
       136NOM97D5A  Lodging         04/11/17
       137NOM97D5A  Multifamily     03/11/22
       138NOM97D5A  Lodging         05/11/17
       139NOM97D5A  Industrial      09/11/22
       140NOM97D5A  Multifamily     09/11/22
       141NOM97D5A  Retail          01/11/17
       142NOM97D5A  Multifamily     08/11/24
       143NOM97D5A  Office          08/11/24
       144NOM97D5A  Mobile Home     08/11/07
       145NOM97D5A  Industrial      08/11/17
       146NOM97D5A  Mobile Home     09/11/12
       147NOM97D5A  Multifamily     09/11/22
       148NOM97D5A  Retail          08/11/22
       149NOM97D5A  Retail          08/11/18
       150NOM97D5A  Multifamily     04/11/22
       151NOM97D5A  Multifamily     06/11/22
       152NOM97D5A  Mobile Home     06/11/22
       153NOM97D5A  Multifamily     04/11/27
       154NOM97D5A  Multifamily     04/11/27
       155NOM97D5A  Mobile Home     08/11/12
         1NOM97D5A  Retail          10/11/22



                               Operating    Ending
Disclosure                     Statement    Principal
Control # Group     NOI        Date         Balance

         1NOM97D5A            0              108,567,589
         2NOM97D5A            0               85,629,595
         3NOM97D5A            0               74,194,650
         4NOM97D5A            0               61,128,846
         5NOM97D5A            0               56,926,263
         6NOM97D5A            0               50,552,931
         7NOM97D5A            0               49,402,655
         8NOM97D5A            0               49,251,659
         9NOM97D5A    1,618,966     12/31/97  40,399,242
        10NOM97D5A            0               45,000,000
        11NOM97D5A            0               44,623,797
        12NOM97D5A            0               38,979,694
        13NOM97D5A            0               36,370,368
        14NOM97D5A            0               35,846,045
        15NOM97D5A            0               35,740,957
        16NOM97D5A            0               24,378,893
        17NOM97D5A            0               23,731,089
        18NOM97D5A            0               19,679,363
        19NOM97D5A            0               18,484,210
        20NOM97D5A            0               17,935,388
        21NOM97D5A            0               17,889,435
        22NOM97D5A            0               16,361,633
        23NOM97D5A            0               16,212,962
        24NOM97D5A            0               16,044,179
        25NOM97D5A            0               15,683,332
        26NOM97D5A            0               14,478,149
        27NOM97D5A            0               14,332,244
        28NOM97D5A            0               13,337,903
        29NOM97D5A            0               13,020,062
        30NOM97D5A            0               12,480,936
        31NOM97D5A            0               11,856,741
        32NOM97D5A            0               11,581,112
        33NOM97D5A            0               11,378,373
        34NOM97D5A            0               11,433,108
        35NOM97D5A            0               11,168,069
        36NOM97D5A            0               10,994,859
        37NOM97D5A            0               10,828,167
        38NOM97D5A            0               10,193,290
        39NOM97D5A            0               10,009,010
        40NOM97D5A            0                9,919,279
        41NOM97D5A            0                9,523,092
        42NOM97D5A            0                9,310,726
        43NOM97D5A            0                9,234,483
        44NOM97D5A            0                8,759,209
        45NOM97D5A            0                8,693,187
        46NOM97D5A            0                8,549,142
        47NOM97D5A            0                8,415,737
        48NOM97D5A            0                8,410,056
        49NOM97D5A            0                8,306,389
        50NOM97D5A            0                8,271,327
        51NOM97D5A            0                7,744,248
        52NOM97D5A            0                7,579,771
        53NOM97D5A            0                7,562,156
        54NOM97D5A            0                7,137,915
        55NOM97D5A            0                7,117,027
        56NOM97D5A            0                7,082,350
        57NOM97D5A            0                6,490,315
        58NOM97D5A            0                6,454,397
        59NOM97D5A            0                6,435,168
        60NOM97D5A            0                6,437,573
        61NOM97D5A            0                6,187,203
        62NOM97D5A            0                5,954,670
        63NOM97D5A            0                5,908,452
        64NOM97D5A            0                5,537,495
        65NOM97D5A            0                5,470,771
        66NOM97D5A            0                5,378,027
        67NOM97D5A            0                5,271,293
        68NOM97D5A            0                5,140,115
        69NOM97D5A            0                4,869,177
        70NOM97D5A            0                4,770,304
        71NOM97D5A            0                4,651,237
        72NOM97D5A            0                4,555,589
        73NOM97D5A            0                4,467,014
        74NOM97D5A            0                4,327,592
        75NOM97D5A            0                4,328,869
        76NOM97D5A            0                4,221,545
        77NOM97D5A            0                4,219,448
        78NOM97D5A            0                4,200,858
        79NOM97D5A            0                4,200,858
        80NOM97D5A            0                  853,474
        81NOM97D5A            0                3,228,279
        81NOM97D5A            0                4,158,879
        82NOM97D5A            0                4,160,924
        83NOM97D5A            0                4,102,172
        84NOM97D5A            0                4,061,125
        85NOM97D5A            0                3,993,599
        86NOM97D5A            0                4,009,152
        87NOM97D5A            0                3,975,956
        88NOM97D5A            0                3,938,495
        89NOM97D5A            0                3,926,588
        90NOM97D5A            0                3,861,603
        91NOM97D5A            0                3,833,271
        92NOM97D5A            0                3,800,641
        93NOM97D5A            0                3,689,314
        94NOM97D5A            0                3,724,893
        95NOM97D5A            0                3,413,626
        96NOM97D5A            0                3,477,476
        97NOM97D5A            0                3,465,887
        98NOM97D5A            0                3,445,236
        99NOM97D5A            0                3,443,195
       100NOM97D5A            0                3,426,972
       101NOM97D5A            0                3,420,426
       102NOM97D5A            0                3,371,116
       103NOM97D5A            0                3,228,154
       104NOM97D5A            0                3,228,482
       105NOM97D5A            0                3,204,490
       106NOM97D5A            0                3,124,609
       107NOM97D5A            0                3,096,970
       108NOM97D5A            0                3,050,256
       109NOM97D5A            0                2,968,794
       110NOM97D5A            0                2,963,905
       111NOM97D5A            0                2,884,337
       112NOM97D5A            0                2,804,891
       113NOM97D5A            0                2,775,374
       114NOM97D5A            0                2,731,588
       115NOM97D5A            0                2,665,228
       116NOM97D5A            0                2,685,410
       117NOM97D5A            0                2,532,165
       118NOM97D5A            0                2,578,496
       119NOM97D5A            0                2,513,824
       120NOM97D5A            0                2,467,299
       121NOM97D5A            0                2,434,952
       122NOM97D5A            0                2,427,261
       123NOM97D5A            0                2,402,639
       124NOM97D5A            0                2,375,210
       125NOM97D5A            0                2,353,186
       126NOM97D5A            0                2,186,683
       127NOM97D5A            0                2,183,217
       128NOM97D5A            0                2,160,032
       129NOM97D5A            0                2,101,488
       130NOM97D5A            0                1,986,579
       131NOM97D5A            0                1,888,330
       132NOM97D5A            0                1,832,356
       133NOM97D5A            0                1,830,120
       134NOM97D5A            0                1,776,257
       135NOM97D5A            0                1,768,724
       136NOM97D5A            0                1,640,183
       137NOM97D5A            0                1,581,515
       138NOM97D5A            0                1,586,208
       139NOM97D5A            0                1,586,107
       140NOM97D5A            0                1,526,662
       141NOM97D5A            0                1,470,388
       142NOM97D5A            0                1,466,191
       143NOM97D5A            0                1,270,088
       144NOM97D5A            0                1,166,971
       145NOM97D5A            0                1,130,459
       146NOM97D5A            0                1,109,431
       147NOM97D5A            0                1,105,050
       148NOM97D5A            0                1,095,017
       149NOM97D5A            0                1,001,171
       150NOM97D5A            0                  919,254
       151NOM97D5A            0                  891,516
       152NOM97D5A            0                  890,022
       153NOM97D5A            0                  775,009
       154NOM97D5A            0                  749,522
       155NOM97D5A            0              120,505,246

                                            1,740,660,483


Disclosure          Note       Scheduled
Control # Group     Rate       P&I          Prepayment

         1NOM97D5A       7.704%     890,079            0
         2NOM97D5A       8.000%     631,357            0
         3NOM97D5A       8.560%     606,956            0
         4NOM97D5A       8.270%     462,894            0
         5NOM97D5A       8.500%     439,861            0
         6NOM97D5A       8.380%     386,106            0
         7NOM97D5A       9.670%     471,630            0
         8NOM97D5A       8.750%     441,855            0
         9NOM97D5A       7.515%     448,750            0
        10NOM97D5A       7.280%     282,100            0
        11NOM97D5A       7.710%     338,717            0
        12NOM97D5A       8.764%     323,065            0
        13NOM97D5A       9.167%     298,084            0
        14NOM97D5A       8.500%     276,799            0
        15NOM97D5A       8.252%     270,507            0
        16NOM97D5A       7.890%     177,897            0
        17NOM97D5A       8.670%     186,657            0
        18NOM97D5A       8.234%     148,528            0
        19NOM97D5A       8.700%     145,537            0
        20NOM97D5A       9.125%     146,454            0
        21NOM97D5A       7.903%     130,862            0
        22NOM97D5A       8.880%     137,114            0
        23NOM97D5A       7.570%     114,754            0
        24NOM97D5A       7.410%     130,826            0
        25NOM97D5A       8.980%     155,197            0
        26NOM97D5A       9.010%     122,400            0
        27NOM97D5A       8.090%     106,567            0
        28NOM97D5A       8.560%     108,912            0
        29NOM97D5A       8.460%     105,366            0
        30NOM97D5A       8.870%     102,570            0
        31NOM97D5A       9.670%     102,394            0
        32NOM97D5A       9.500%     101,788            0
        33NOM97D5A       8.990%      96,429            0
        34NOM97D5A       8.616%      82,710            0
        35NOM97D5A       9.190%      96,091            0
        36NOM97D5A       7.985%      91,056            0
        37NOM97D5A       8.040%      80,137            0
        38NOM97D5A       7.990%      75,139            0
        39NOM97D5A       8.600%      78,183            0
        40NOM97D5A       7.950%      72,846            0
        41NOM97D5A       8.221%      79,965            0
        42NOM97D5A       8.818%      81,261            0
        43NOM97D5A       8.500%      81,141            0
        44NOM97D5A       8.150%      65,494            0
        45NOM97D5A       7.990%      64,143            0
        46NOM97D5A       8.783%      74,115            0
        47NOM97D5A       7.410%      68,623            0
        48NOM97D5A       8.380%      64,233            0
        49NOM97D5A       8.783%      72,011            0
        50NOM97D5A       8.710%      68,889            0
        51NOM97D5A       7.930%      59,840            0
        52NOM97D5A       8.792%      65,240            0
        53NOM97D5A       7.860%      55,026            0
        54NOM97D5A       7.550%      50,464            0
        55NOM97D5A       8.000%      52,476            0
        56NOM97D5A       8.130%      56,275            0
        57NOM97D5A       9.125%      55,504            0
        58NOM97D5A       8.650%      52,998            0
        59NOM97D5A       7.970%      50,039            0
        60NOM97D5A       8.610%      52,822            0
        61NOM97D5A       7.850%      45,849            0
        62NOM97D5A       8.420%      45,795            0
        63NOM97D5A       8.290%      44,785            0
        64NOM97D5A       9.012%      48,962            0
        65NOM97D5A       7.590%      38,796            0
        66NOM97D5A       7.410%      43,853            0
        67NOM97D5A       7.510%      37,095            0
        68NOM97D5A       9.010%      43,674            0
        69NOM97D5A       9.012%      43,053            0
        70NOM97D5A       8.780%      38,022            0
        71NOM97D5A       8.620%      38,430            0
        72NOM97D5A       8.145%      35,947            0
        73NOM97D5A       8.420%      35,993            0
        74NOM97D5A       7.720%      31,074            0
        75NOM97D5A       8.520%      33,509            0
        76NOM97D5A       7.870%      30,801            0
        77NOM97D5A       7.970%      31,023            0
        78NOM97D5A       9.012%      37,143            0
        79NOM97D5A       9.012%      37,143            0
        80NOM97D5A       8.520%      15,847            0
        81NOM97D5A       8.714%      33,700            0
        81NOM97D5A       8.070%      32,611            0
        82NOM97D5A       8.770%      34,587            0
        83NOM97D5A       7.900%      29,963            0
        84NOM97D5A       7.970%      29,859            0
        85NOM97D5A       7.410%      32,564            0
        86NOM97D5A       8.360%      32,230            0
        87NOM97D5A       7.640%      28,353            0
        88NOM97D5A       8.410%      31,767            0
        89NOM97D5A       7.700%      28,162            0
        90NOM97D5A       8.040%      30,204            0
        91NOM97D5A       7.810%      29,346            0
        92NOM97D5A       8.980%      31,153            0
        93NOM97D5A       7.410%      30,083            0
        94NOM97D5A       7.870%      27,177            0
        95NOM97D5A       8.714%      35,634            0
        96NOM97D5A       9.420%      29,878            0
        97NOM97D5A       9.500%      30,667            0
        98NOM97D5A       9.230%      31,025            0
        99NOM97D5A       8.680%      28,609            0
       100NOM97D5A       8.750%      28,611            0
       101NOM97D5A       8.290%      27,294            0
       102NOM97D5A       9.160%      28,622            0
       103NOM97D5A       9.200%      27,797            0
       104NOM97D5A       9.160%      26,444            0
       105NOM97D5A       8.730%      26,511            0
       106NOM97D5A       7.910%      24,125            0
       107NOM97D5A       8.650%      25,521            0
       108NOM97D5A       8.740%      25,465            0
       109NOM97D5A       8.200%      23,553            0
       110NOM97D5A       8.090%      22,053            0
       111NOM97D5A       8.090%      21,461            0
       112NOM97D5A       8.590%      22,960            0
       113NOM97D5A       8.150%      21,890            0
       114NOM97D5A       7.870%      19,930            0
       115NOM97D5A       7.410%      21,733            0
       116NOM97D5A       7.520%      18,916            0
       117NOM97D5A       8.650%      26,270            0
       118NOM97D5A       8.950%      21,132            0
       119NOM97D5A       9.550%      23,899            0
       120NOM97D5A       8.080%      21,036            0
       121NOM97D5A      10.010%      22,280            0
       122NOM97D5A       7.970%      17,846            0
       123NOM97D5A       8.800%      21,729            0
       124NOM97D5A       8.760%      19,748            0
       125NOM97D5A       7.410%      19,188            0
       126NOM97D5A       7.610%      15,549            0
       127NOM97D5A       8.290%      17,028            0
       128NOM97D5A       8.750%      17,882            0
       129NOM97D5A       8.690%      16,548            0
       130NOM97D5A       8.880%      16,620            0
       131NOM97D5A      10.010%      17,279            0
       132NOM97D5A       8.210%      14,537            0
       133NOM97D5A       8.700%      14,410            0
       134NOM97D5A       8.960%      16,149            0
       135NOM97D5A      10.130%      17,526            0
       136NOM97D5A       8.430%      13,313            0
       137NOM97D5A       9.420%      14,923            0
       138NOM97D5A       8.260%      12,626            0
       139NOM97D5A       8.220%      12,583            0
       140NOM97D5A       7.600%      12,792            0
       141NOM97D5A       8.580%      11,758            0
       142NOM97D5A       8.920%      12,067            0
       143NOM97D5A       9.280%      10,988            0
       144NOM97D5A       7.410%       9,516            0
       145NOM97D5A       8.420%       9,118            0
       146NOM97D5A       7.760%       8,467            0
       147NOM97D5A       8.560%       9,023            0
       148NOM97D5A       8.690%       9,596            0
       149NOM97D5A       8.530%       8,186            0
       150NOM97D5A       8.680%       7,594            0
       151NOM97D5A       9.220%       7,689            0
       152NOM97D5A       8.880%       7,132            0
       153NOM97D5A       9.030%       6,293            0
       154NOM97D5A       8.770%       6,226            0
       155NOM97D5A       8.640%     942,437            0

                                                       0

                               Loan
Disclosure          Prepayment Status
Control # Group     Date       Code (1)

         1NOM97D5A
         2NOM97D5A
         3NOM97D5A
         4NOM97D5A
         5NOM97D5A
         6NOM97D5A
         7NOM97D5A
         8NOM97D5A
         9NOM97D5A
        10NOM97D5A
        11NOM97D5A
        12NOM97D5A
        13NOM97D5A
        14NOM97D5A
        15NOM97D5A
        16NOM97D5A
        17NOM97D5A
        18NOM97D5A
        19NOM97D5A
        20NOM97D5A
        21NOM97D5A
        22NOM97D5A
        23NOM97D5A
        24NOM97D5A
        25NOM97D5A
        26NOM97D5A
        27NOM97D5A
        28NOM97D5A
        29NOM97D5A
        30NOM97D5A
        31NOM97D5A
        32NOM97D5A
        33NOM97D5A
        34NOM97D5A
        35NOM97D5A
        36NOM97D5A
        37NOM97D5A
        38NOM97D5A
        39NOM97D5A
        40NOM97D5A
        41NOM97D5A
        42NOM97D5A
        43NOM97D5A
        44NOM97D5A
        45NOM97D5A
        46NOM97D5A
        47NOM97D5A
        48NOM97D5A
        49NOM97D5A
        50NOM97D5A
        51NOM97D5A
        52NOM97D5A
        53NOM97D5A
        54NOM97D5A
        55NOM97D5A
        56NOM97D5A
        57NOM97D5A
        58NOM97D5A
        59NOM97D5A
        60NOM97D5A
        61NOM97D5A
        62NOM97D5A
        63NOM97D5A
        64NOM97D5A
        65NOM97D5A
        66NOM97D5A
        67NOM97D5A
        68NOM97D5A
        69NOM97D5A
        70NOM97D5A
        71NOM97D5A
        72NOM97D5A
        73NOM97D5A
        74NOM97D5A
        75NOM97D5A
        76NOM97D5A
        77NOM97D5A
        78NOM97D5A
        79NOM97D5A
        80NOM97D5A
        81NOM97D5A
        81NOM97D5A
        82NOM97D5A
        83NOM97D5A
        84NOM97D5A
        85NOM97D5A
        86NOM97D5A
        87NOM97D5A
        88NOM97D5A
        89NOM97D5A
        90NOM97D5A
        91NOM97D5A
        92NOM97D5A
        93NOM97D5A
        94NOM97D5A
        95NOM97D5A
        96NOM97D5A
        97NOM97D5A
        98NOM97D5A
        99NOM97D5A
       100NOM97D5A
       101NOM97D5A
       102NOM97D5A
       103NOM97D5A
       104NOM97D5A
       105NOM97D5A
       106NOM97D5A
       107NOM97D5A
       108NOM97D5A
       109NOM97D5A
       110NOM97D5A
       111NOM97D5A
       112NOM97D5A
       113NOM97D5A
       114NOM97D5A
       115NOM97D5A
       116NOM97D5A
       117NOM97D5A
       118NOM97D5A
       119NOM97D5A
       120NOM97D5A
       121NOM97D5A
       122NOM97D5A
       123NOM97D5A
       124NOM97D5A
       125NOM97D5A
       126NOM97D5A
       127NOM97D5A
       128NOM97D5A
       129NOM97D5A
       130NOM97D5A
       131NOM97D5A
       132NOM97D5A
       133NOM97D5A
       134NOM97D5A
       135NOM97D5A
       136NOM97D5A
       137NOM97D5A
       138NOM97D5A
       139NOM97D5A
       140NOM97D5A
       141NOM97D5A
       142NOM97D5A
       143NOM97D5A
       144NOM97D5A
       145NOM97D5A
       146NOM97D5A
       147NOM97D5A              B
       148NOM97D5A
       149NOM97D5A
       150NOM97D5A
       151NOM97D5A
       152NOM97D5A
       153NOM97D5A
       154NOM97D5A
       155NOM97D5A


    *  NOI and DSCR, if available and reportable under the terms of the trust
agreement, are bases on information obtained from the original borrower,
and no other party to the agreement shall be liable for the
accuracy or methodology used to determine such figures.

(1)   Legend:
A.  P&I Adv -  in Grace Period
B.  P&I Adv -  less than one month delinq
1.  P&I Adv -  delinquent 1 month
2.  P&I Adv -  delinquent 2 months
3.  P&I Adv -  delinquent 3+ months
4.  Mat. Balloon/Assumed  P&I
5. Prepaid in Full
6. Specially  Serviced
7. Foreclosure
8. Bankruptcy
9. REO
10. DPO
11. Modification


Specially Serviced Loan Detail

          Beginning
DisclosureScheduled Interest   Maturity
Control # Balance   Rate       Date


         0




























                    Specially
DisclosureProperty  Serviced
Control # Type      Status CodeComments
                              0            0
                              0            0
         0                    0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0
                              0            0

Legend :
1)  Request for waiver of Prepayment Penalty
2)   Payment default
3)   Request for Loan Modification or Workout
4)  Loan with Borrower Bankruptcy
5)  Loan in Process of Foreclosure
6)  Loan now REO Property
7)  Loans Paid Off
8)  Loans Returned to Master Servicer


Modified Loan Detail


DisclosureModificatiModification
Control # Date      Description
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0
         0         0          0


Realized Loss Detail

                                            Beginning
Dist.     DisclosureAppraisal  Appraisal    Scheduled
Date      Control # Date       Value        Balance
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
Current Total                 0
Cumulative                    0

                               Gross ProceedAggregate
Dist.     DisclosureGross      as a % of    Liquidation
Date      Control # Proceeds   Sched PrincipExpenses *
         0         0          0                        0
         0         0          0                        0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
Current To         0          0                        0
Cumulative         0          0                        0


                    Net        Net Proceeds
Dist.     DisclosureLiquidationas a % of    Realized
Date      Control # Proceeds   Sched. BalancLoss
         0         0
         0         0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
         0         0          0            0           0
Current To         0          0                        0
Cumulative         0          0                        0


  *     Aggregate liquidation expenses also include outstanding P&I
advances and unpaid servicing fees, unpaid trustee fees, ect.
~








































Asset Securitization Corporation, Series
1997-D5 COMPARATIVE FINANCIAL
STATUS REPORT as of  6/11/98

- -------------------------------------------------------------------
 Prospectus       Prospectus Asset #               City
   Loan #

- -------------------------------------------------------------------

      1                   1              Falls Church
      1                   2              Winston Salem
      1                   3              Silver Spring
      1                   4              District Heights
      1                   5              Langley Park
      1                   6              Richmond
      1                   7              Baltimore
      1                   8              Baltimore
      1                   9              Baltimore City


      2                   1              Newark
      3                   1              Cincinnati
      3                   2              Cincinnati
      3                   3              Dallas
      3                   4              Mt. Healthy
      3                   5              Erlanger
      3                   6              Cincinnati
      3                   7              Mt. Healthy
      3                   8              Cincinnati
      3                   9              Cincinnati
      3                   10             Dallas
      3                   11             Pleasant Ridge
      3                   12             Dayton
      3                   13             Oakley
      3                   14             Cincinnati
      3                   15             Cincinnati
      3                   16             Cincinnati
      3                   17             Walnut Hills


      4                   1              Atlanta
      5                   1              Dayton
      6                   1              Birmingham
      7                   1              Crystal City
      8                   1              Chicago
      9                   1              Grand Cayman
     10                   1              Clarksburg
     11                   1              New York

     12                   1              Wayne
     12                   2              Oakland
     12                   3              Oakland
     12                   4              Fair Lawn
     12                   5              Fair Lawn
     12                   6              Fair Lawn
     12                   7              Fair Lawn
     12                   8              Fair Lawn
     12                   9              Oakland
     12                   10             Oakland


     13                   1              Minnetonka
     13                   2              Key West
     13                   3              Rockland
     13                   4              Warner Robbins
     13                   5              Coral Gables
     13                   6              Dallas
     13                   7              Annapolis
     13                   8              South Yarmouth
     13                   9              Hyannis
     13                   10             Falmouth


     14                   1              Baltimore

     15                   1              Houston
     15                   2              Houston


     16                   1              Golden
     16                   2              Orlando
     16                   3              Lakewood
     16                   4              El Paso
     16                   5              El Paso


     17                   1              Waco
     17                   2              Waco
     17                   3              Waco


     18                   1              Maryland Heights
     19                   1              Bayport
     20                   1              Greenbelt
     21                   1              Cambridge

     22                   1              Amherst
     22                   2              Sunderland


     23                   1              Ocean City
     24                   1              Scottsdale
     25                   1              Columbus

     26                   1              Cranford
     26                   2              Eatontown
     26                   3              Hamilton
     26                   4              Burlington
     26                   5              Paramus
     26                   6              Mount Laurel


     27                   1              Menands
     28                   1              Providence
     29                   1              Lyndhurst
     30                   1              New York
     31                   1              Westwood
     32                   1              Los Angeles

     33                   1              Waterloo
     33                   2              Oneonta
     33                   3              Auburn
     33                   4              Cobleskill


     34                   1              Santa Monica
     35                   1              Norwalk
     36                   1              Long Beach
     37                   1              San Antonio
     38                   1              Roseburg
     39                   1              Wilmington
     40                   1              Whittier
     41                   1              Southfield
     42                   1              Daytona
     43                   1              Williamstown
     44                   1              Atlantic Beach
     45                   1              Austin
     46                   1              San Antonio
     47                   1              El Paso
     48                   1              Saginaw
     49                   1              Lexington
     50                   1              San Antonio
     51                   1              Mobile
     52                   1              Cambridge
     53                   1              Midland
     54                   1              Southfield
     55                   1              San Antonio
     56                   1              Lexington
     57                   1              Lynchburg
     58                   1              Pottsville
     59                   1              Pottstown
     60                   1              Hilton Head
     61                   1              Oakland
     62                   1              Hoover

     63                   1              Houston
     63                   2              Houston


     64                   1              Lancaster
     65                   1              Chattanooga
     66                   1              High Point
     67                   1              Carol Stream
     68                   1              Indianapolis
     69                   1              Huntington
     70                   1              Shelby Township
     71                   1              Phoenix
     72                   1              New York
     73                   1              Richmond
     74                   1              Cerritos
     75                   1              Baltimore
     76                   1              Newark
     77                   1              Elyria
     78                   1              Zebulon
     79                   1              Sand City
     80                   1              Hampden Township

     81                   1              Los Angeles
     81                   2              Whittier
     81                   3              Rosemead


     82                   1              Pittsburgh
     83                   1              Sacramento
     84                   1              Hopewell
     85                   1              Farmville
     86                   1              Gurnee
     87                   1              Columbus
     88                   1              Palm Harbor
     89                   1              Annandale
     90                   1              Houston
     91                   1              Richmond
     92                   1              Van Buren
     93                   1              Cincinnati
     94                   1              Indianapolis
     95                   1              Melbourne
     96                   1              Los Angeles
     97                   1              College Station

     98                   1              West Palm Beach
     98                   1              Palm Beach


     99                   1              Riverview
     100                  1              Mountainside
     101                  1              Westborough
     102                  1              Summerville
     103                  1              Billerica
     104                  1              San Rafael

     105                  1              Valencia
     105                  2              Corry
     105                  3              Punxsutawney
     105                  4              Wattsburg


     106                  1              Raleigh
     107                  1              Houston
     108                  1              Boston
     109                  1              Campbell
     110                  1              Minneapolis
     111                  1              Kennewick
     112                  1              Kennewick
     113                  1              Carson
     114                  1              Suitland
     115                  1              Vermillion Township
     116                  1              Euclid
     117                  1              Baytown
     118                  1              Billings
     119                  1              Milford
     120                  1              Jackson
     121                  1              Bellevue
     122                  1              San Francisco
     123                  1              Jacksonville
     124                  1              Laurel
     125                  1              Standish
     126                  1              Alliance
     127                  1              Prescott
     128                  1              Wichita
     129                  1              Frederick
     130                  1              Grand Rapids
     131                  1              Olive Branch
     132                  1              Monterey
     133                  1              Bridgeport
     134                  1              Fort Lauderdale
     135                  1              Smyrna
     136                  1              Needles
     137                  1              Columbus
     138                  1              Bridgeville
     139                  1              Walled Lake
     140                  1              Charlotte
     141                  1              Rock Island
     142                  1              Pembroke
     143                  1              San Antonio
     144                  1              Bozeman
     145                  1              Westerville
     146                  1              Fort Lauderdale
     147                  1              New Milford
     148                  1              Colorado Springs
     149                  1              Fort Worth
     150                  1              Waterford Township
     151                  1              Kalamazoo
     152                  1              St. Petersburg
     153                  1              Jackson
     154                  1              Tucson
     155                  1              Phoenix

- -------------------------------------------------------------------
 Prospectus             State              Last Property Inspect
   Loan #                                          Date
                                                   yy/mm
- -------------------------------------------------------------------

      1                   VA                        N/A
      1                   NC                        N/A
      1                   MD                        N/A
      1                   MD                        N/A
      1                   MD                        N/A
      1                   VA                        N/A
      1                   MD                        N/A
      1                   MD                        N/A
      1                   MD                        N/A
                                          

      2                   NJ                        N/A
      3                   OH                        N/A
      3                   OH                        N/A
      3                   TX                        N/A
      3                   OH                        N/A
      3                   KY                        N/A
      3                   OH                        N/A
      3                   OH                        N/A
      3                   OH                        N/A
      3                   OH                        N/A
      3                   TX                        N/A
      3                   OH                        N/A
      3                   OH                        N/A
      3                   OH                        N/A
      3                   OH                        N/A
      3                   OH                        N/A
      3                   OH                        N/A
      3                   OH                        N/A
                                          

      4                   GA                        N/A
      5                   OH                        N/A
      6                   AL                        N/A
      7                   VA                        N/A
      8                   IL                        N/A
      9                  BWI                        N/A
     10                   MD                        N/A
     11                   NY                        N/A
                                          
     12                   NJ                        N/A
     12                   NJ                        N/A
     12                   NJ                        N/A
     12                   NJ                        N/A
     12                   NJ                        N/A
     12                   NJ                        N/A
     12                   NJ                        N/A
     12                   NJ                        N/A
     12                   NJ                        N/A
     12                   NJ                        N/A
                                          
                                          
     13                   MN                        N/A
     13                   FL                        N/A
     13                   MA                        N/A
     13                   GA                        N/A
     13                   FL                        N/A
     13                   TX                        N/A
     13                   MD                        N/A
     13                   MA                        N/A
     13                   MA                        N/A
     13                   MA                        N/A
                                          

     14                   MD                        N/A
                                          
     15                   TX                        N/A
     15                   TX                        N/A
                                          
                                          
     16                   CO                        N/A
     16                   FL                        N/A
     16                   CO                        N/A
     16                   TX                        N/A
     16                   TX                        N/A
                                          
                                          
     17                   TX                        N/A
     17                   TX                        N/A
     17                   TX                        N/A
                                          

     18                   MO                        N/A
     19                   NY                        N/A
     20                   MD                        N/A
     21                   MA                        N/A
                                          
     22                   MA                        N/A
     22                   MA                        N/A
                                          

     23                   MD                        N/A
     24                   AZ                        N/A
     25                   OH                        N/A
                                          
     26                   NJ                        N/A
     26                   NJ                        N/A
     26                   NJ                        N/A
     26                   NJ                        N/A
     26                   NJ                        N/A
     26                   NJ                        N/A
                                          

     27                   NY                        N/A
     28                   RI                        N/A
     29                   OH                        N/A
     30                   NY                        N/A
     31                   CA                        N/A
     32                   CA                        N/A
                                          
     33                   NY                        N/A
     33                   NY                        N/A
     33                   NY                        N/A
     33                   NY                        N/A
                                          

     34                   CA                        N/A
     35                   CT                        N/A
     36                   CA                        N/A
     37                   TX                        N/A
     38                   OR                        N/A
     39                   DE                        N/A
     40                   CA                        N/A
     41                   MI                        N/A
     42                   FL                        N/A
     43                   NJ                        N/A
     44                   NC                        N/A
     45                   TX                        N/A
     46                   TX                        N/A
     47                   TX                        N/A
     48                   MI                        N/A
     49                   KY                        N/A
     50                   TX                        N/A
     51                   AL                        N/A
     52                   MA                        N/A
     53                   TX                        N/A
     54                   MI                        N/A
     55                   TX                        N/A
     56                   KY                        N/A
     57                   VA                        N/A
     58                   PA                        N/A
     59                   PA                        N/A
     60                   SC                        N/A
     61                   CA                        N/A
     62                   AL                        N/A
                                          
     63                   TX                        N/A
     63                   TX                        N/A
                                          

     64                   SC                        N/A
     65                   TN                        N/A
     66                   NC                        N/A
     67                   IL                        N/A
     68                   IN                        N/A
     69                   NY                        N/A
     70                   MI                        N/A
     71                   AZ                        N/A
     72                   NY                        N/A
     73                   VA                        N/A
     74                   CA                        N/A
     75                   MD                        N/A
     76                   DE                        N/A
     77                   OH                        N/A
     78                   NC                        N/A
     79                   CA                        N/A
     80                   PA                        N/A
                                          
     81                   CA                        N/A
     81                   CA                        N/A
     81                   CA                        N/A
                                          

     82                   PA                        N/A
     83                   CA                        N/A
     84                   VA                        N/A
     85                   VA                        N/A
     86                   IL                        N/A
     87                   OH                        N/A
     88                   FL                        N/A
     89                   VA                        N/A
     90                   TX                        N/A
     91                   VA                        N/A
     92                   AR                        N/A
     93                   OH                        N/A
     94                   IN                        N/A
     95                   FL                        N/A
     96                   CA                        N/A
     97                   TX                        N/A
                                          
     98                   FL                        N/A
     98                   FL                        N/A
                                          

     99                   MI                        N/A
     100                  NJ                        N/A
     101                  MA                        N/A
     102                  SC                        N/A
     103                  MA                        N/A
     104                  CA                        N/A
                                          
     105                  PA                        N/A
     105                  PA                        N/A
     105                  PA                        N/A
     105                  PA                        N/A
                                          

     106                  NC                        N/A
     107                  TX                        N/A
     108                  MA                        N/A
     109                  CA                        N/A
     110                  MN                        N/A
     111                  WA                        N/A
     112                  WA                        N/A
     113                  CA                        N/A
     114                  MD                        N/A
     115                  OH                        N/A
     116                  OH                        N/A
     117                  TX                        N/A
     118                  MT                        N/A
     119                  MA                        N/A
     120                  TN                        N/A
     121                  NE                        N/A
     122                  CA                        N/A
     123                  NC                        N/A
     124                  MD                        N/A
     125                  ME                        N/A
     126                  OH                        N/A
     127                  AZ                        N/A
     128                  KS                        N/A
     129                  MD                        N/A
     130                  MI                        N/A
     131                  MS                        N/A
     132                  CA                        N/A
     133                  PA                        N/A
     134                  FL                        N/A
     135                  GA                        N/A
     136                  CA                        N/A
     137                  OH                        N/A
     138                  PA                        N/A
     139                  MI                        N/A
     140                  NC                        N/A
     141                  IL                        N/A
     142                  NH                        N/A
     143                  TX                        N/A
     144                  MT                        N/A
     145                  OH                        N/A
     146                  FL                        N/A
     147                  CT                        N/A
     148                  CO                        N/A
     149                  TX                        N/A
     150                  MI                        N/A
     151                  MI                        N/A
     152                  FL                        N/A
     153                  MI                        N/A
     154                  AZ                        N/A
     155                  AZ                        N/A

- -------------------------------------------------------------------
 Prospectus     Scheduled Loan Balance        Paid Thru Date
   Loan #

- -------------------------------------------------------------------

      1
      1
      1
      1
      1
      1
      1
      1
      1
                   $145,223,749.38               06/11/98

      2            $108,567,589.20               06/11/98
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
                    $85,629,595.29               06/11/98

      4             $74,194,649.84               06/11/98
      5             $61,128,846.36               06/11/98
      6             $56,926,263.00               06/11/98
      7             $50,552,930.82               06/11/98
      8             $49,402,654.69               06/11/98
      9             $49,251,659.45               06/11/98
     10             $46,538,905.34               06/11/98
     11             $45,000,000.00               06/11/98

     12
     12
     12
     12
     12
     12
     12
     12
     12
     12
                    $44,623,797.07               06/11/98

     13
     13
     13
     13
     13
     13
     13
     13
     13
     13
                    $38,979,693.87               06/11/98

     14             $36,370,367.50               06/11/98

     15
     15
                    $35,846,044.90               06/11/98

     16
     16
     16
     16
     16
                    $35,740,957.45               06/11/98

     17
     17
     17
                    $24,378,893.19               06/11/98

     18             $23,731,089.16               06/11/98
     19             $19,679,363.06               06/11/98
     20             $18,484,209.81               06/11/98
     21             $17,935,387.67               06/11/98

     22
     22
                    $17,889,434.96               06/11/98

     23             $16,361,633.20               06/11/98
     24             $16,212,962.10               06/11/98
     25             $16,044,179.42               06/11/98

     26
     26
     26
     26
     26
     26
                    $15,683,332.47               06/11/98

     27             $14,478,148.86               06/11/98
     28             $14,332,244.11               06/11/98
     29             $13,337,903.26               06/11/98
     30             $13,020,062.39               06/11/98
     31             $12,480,936.10               06/11/98
     32             $11,856,740.98               06/11/98

     33
     33
     33
     33
                    $11,581,112.48               06/11/98

     34             $11,378,373.15               06/11/98
     35             $11,433,108.14               06/11/98
     36             $11,168,068.66               06/11/98
     37             $10,994,859.14               06/11/98
     38             $10,828,167.39               06/11/98
     39             $10,193,289.74               06/11/98
     40             $10,009,009.93               06/11/98
     41             $9,919,279.26                06/11/98
     42             $9,523,091.55                06/11/98
     43             $9,310,725.53                06/11/98
     44             $9,234,483.43                06/11/98
     45             $8,759,208.68                06/11/98
     46             $8,693,187.28                06/11/98
     47             $8,549,142.19                06/11/98
     48             $8,415,736.81                06/11/98
     49             $8,410,056.24                06/11/98
     50             $8,306,388.82                06/11/98
     51             $8,271,326.86                06/11/98
     52             $7,744,248.25                06/11/98
     53             $7,579,770.86                06/11/98
     54             $7,562,155.99                06/11/98
     55             $7,137,915.11                06/11/98
     56             $7,117,027.24                06/11/98
     57             $7,082,349.61                06/11/98
     58             $6,490,315.44                06/11/98
     59             $6,454,397.28                06/11/98
     60             $6,435,167.99                06/11/98
     61             $6,437,572.64                06/11/98
     62             $6,187,203.40                06/11/98

     63
     63
                    $5,954,670.45                06/11/98

     64             $5,908,452.05                06/11/98
     65             $5,537,494.83                05/25/98
     66             $5,470,770.93                06/11/98
     67             $5,378,027.44                06/11/98
     68             $5,271,293.24                06/11/98
     69             $5,140,115.48                06/11/98
     70             $4,869,176.53                05/25/98
     71             $4,770,303.60                06/11/98
     72             $4,651,237.28                06/11/98
     73             $4,555,589.21                06/11/98
     74             $4,467,014.49                06/11/98
     75             $4,327,591.67                06/11/98
     76             $4,328,868.51                06/11/98
     77             $4,221,545.09                06/11/98
     78             $4,219,448.37                06/11/98
     79             $4,200,858.21                05/25/98
     80             $4,200,858.21                05/25/98

     81
     81
     81
                    $4,081,753.02                06/11/98

     82             $4,158,879.25                06/11/98
     83             $4,160,924.40                06/11/98
     84             $4,102,171.71                06/11/98
     85             $4,061,124.56                06/11/98
     86             $3,993,599.17                06/11/98
     87             $4,009,152.42                06/11/98
     88             $3,975,956.27                06/11/98
     89             $3,938,495.39                06/11/98
     90             $3,926,588.11                06/11/98
     91             $3,861,602.66                06/11/98
     92             $3,833,270.66                06/11/98
     93             $3,800,641.24                06/11/98
     94             $3,689,314.45                06/11/98
     95             $3,724,892.71                06/11/98
     96             $3,413,626.02                06/11/98
     97             $3,477,476.43                06/11/98

     98
     98
                    $3,465,887.30                06/11/98

     99             $3,445,235.89                06/11/98
     100            $3,443,194.99                06/11/98
     101            $3,426,971.67                06/11/98
     102            $3,420,425.55                06/11/98
     103            $3,371,115.78                06/11/98
     104            $3,228,154.14                06/11/98

     105
     105
     105
     105
                    $3,228,481.67                06/11/98

     106            $3,204,489.84                06/11/98
     107            $3,124,609.06                06/11/98
     108            $3,096,969.99                06/11/98
     109            $3,050,255.71                06/11/98
     110            $2,968,794.25                06/11/98
     111            $2,963,905.21                06/11/98
     112            $2,884,337.31                06/11/98
     113            $2,804,890.98                06/11/98
     114            $2,775,374.13                06/11/98
     115            $2,731,587.95                06/11/98
     116            $2,665,227.65                06/11/98
     117            $2,685,410.45                06/11/98
     118            $2,532,164.78                06/11/98
     119            $2,578,496.08                06/11/98
     120            $2,513,824.12                06/11/98
     121            $2,467,299.32                06/11/98
     122            $2,434,952.39                06/11/98
     123            $2,427,260.60                06/11/98
     124            $2,402,638.55                06/11/98
     125            $2,375,210.13                06/11/98
     126            $2,353,185.92                06/11/98
     127            $2,186,683.01                06/11/98
     128            $2,183,216.79                06/11/98
     129            $2,160,031.65                06/11/98
     130            $2,101,488.38                06/11/98
     131            $1,986,578.71                06/11/98
     132            $1,888,330.41                06/11/98
     133            $1,832,355.55                06/11/98
     134            $1,830,119.78                06/11/98
     135            $1,776,256.54                06/11/98
     136            $1,768,724.46                06/11/98
     137            $1,640,182.62                06/11/98
     138            $1,581,515.23                06/11/98
     139            $1,586,208.46                06/11/98
     140            $1,586,107.02                06/11/98
     141            $1,526,661.71                06/11/98
     142            $1,470,388.17                06/11/98
     143            $1,466,191.42                06/11/98
     144            $1,270,088.24                06/11/98
     145            $1,166,970.67                06/11/98
     146            $1,130,459.26                06/11/98
     147            $1,109,431.34                06/11/98
     148            $1,105,049.95                06/11/98
     149            $1,095,017.02                06/11/98
     150            $1,001,171.39                06/11/98
     151             $919,253.50                 06/11/98
     152             $891,516.06                 06/11/98
     153             $890,021.56                 06/11/98
     154             $775,009.46                 06/11/98
     155             $749,522.37                 06/11/98

                  $1,771,518,650.19

- -----------------------------------------
 Prospectus      Annual Debt Service
   Loan #

- -----------------------------------------

      1
      1
      1
      1
      1
      1
      1
      1
      1
                          $13,231,486.44

      2                   $10,680,948.00
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
                           $7,576,287.96

      4                    $7,283,470.08
      5                    $5,554,727.40
      6                    $5,278,334.64
      7                    $4,633,270.80
      8                    $5,659,562.28
      9                    $5,302,264.20
     10                    $5,385,000.00
     11                    $3,276,000.00

     12
     12
     12
     12
     12
     12
     12
     12
     12
     12
                           $4,064,604.84

     13
     13
     13
     13
     13
     13
     13
     13
     13
     13
                           $3,876,777.60

     14                    $3,577,004.52

     15
     15
                           $3,321,587.16

     16
     16
     16
     16
     16
                           $3,246,079.08

     17
     17
     17
                           $2,134,765.80

     18                    $2,239,889.76
     19                    $1,782,337.56
     20                    $1,746,447.12
     21                    $1,757,447.28

     22
     22
                           $1,570,349.88

     23                    $1,645,368.72
     24                    $1,377,051.36
     25                    $1,569,908.04

     26
     26
     26
     26
     26
     26
                           $1,862,365.68

     27                    $1,468,800.12
     28                    $1,278,803.52
     29                    $1,306,945.92
     30                    $1,264,387.56
     31                    $1,230,843.36
     32                    $1,228,731.00

     33
     33
     33
     33
                           $1,221,450.96

     34                    $1,157,146.08
     35                      $992,522.40
     36                    $1,153,088.04
     37                    $1,092,674.52
     38                      $961,646.16
     39                      $901,672.80
     40                      $938,198.16
     41                      $874,147.56
     42                      $959,577.00
     43                      $975,133.08
     44                      $973,697.64
     45                      $785,926.08
     46                      $769,720.92
     47                      $889,380.00
     48                      $823,472.04
     49                      $770,797.44
     50                      $864,126.00
     51                      $826,671.48
     52                      $718,085.04
     53                      $782,874.00
     54                      $660,314.04
     55                      $605,564.52
     56                      $629,709.60
     57                      $675,305.88
     58                      $666,044.16
     59                      $635,981.16
     60                      $600,467.40
     61                      $633,869.64
     62                      $550,185.72

     63
     63
                             $549,540.72

     64                      $537,418.08
     65                      $587,540.04
     66                      $465,555.84
     67                      $526,235.04
     68                      $445,136.04
     69                      $524,085.96
     70                      $516,630.00
     71                      $456,267.36
     72                      $461,157.96
     73                      $431,358.36
     74                      $431,915.28
     75                      $372,885.60
     76                      $402,112.92
     77                      $369,608.40
     78                      $372,275.88
     79                      $445,719.96
     80                      $445,719.96

     81
     81
     81
                             $594,553.44

     82                      $391,335.36
     83                      $415,045.44
     84                      $359,550.60
     85                      $358,307.16
     86                      $390,770.04
     87                      $386,765.88
     88                      $340,236.48
     89                      $381,204.60
     90                      $337,943.16
     91                      $362,451.00
     92                      $352,150.44
     93                      $373,837.68
     94                      $360,996.00
     95                      $326,125.08
     96                      $427,612.56
     97                      $358,538.76

     98
     98
                             $368,001.00

     99                      $372,297.72
     100                     $343,305.12
     101                     $343,327.20
     102                     $327,525.72
     103                     $343,465.44
     104                     $333,565.56

     105
     105
     105
     105
                             $317,323.68

     106                     $318,136.32
     107                     $289,496.52
     108                     $306,249.36
     109                     $305,584.68
     110                     $282,640.20
     111                     $264,641.28
     112                     $257,536.80
     113                     $275,517.84
     114                     $262,677.84
     115                     $239,158.44
     116                     $260,790.00
     117                     $226,989.36
     118                     $315,240.36
     119                     $253,584.24
     120                     $286,793.28
     121                     $252,427.68
     122                     $267,365.28
     123                     $214,153.68
     124                     $260,749.68
     125                     $236,973.12
     126                     $230,256.96
     127                     $186,585.24
     128                     $204,339.00
     129                     $214,579.44
     130                     $198,577.92
     131                     $199,438.68
     132                     $207,344.52
     133                     $174,442.92
     134                     $172,915.56
     135                     $193,785.48
     136                     $210,308.52
     137                     $159,750.84
     138                     $179,079.60
     139                     $151,510.80
     140                     $150,997.68
     141                     $153,507.60
     142                     $141,098.40
     143                     $144,801.96
     144                     $131,858.40
     145                     $114,186.96
     146                     $109,418.52
     147                     $101,604.48
     148                     $108,280.92
     149                     $115,147.08
     150                      $98,226.12
     151                      $91,122.96
     152                      $92,265.72
     153                      $85,586.28
     154                      $75,514.80
     155                      $74,708.16

                         $169,956,643.20

Original Underwriting Information
Basis Year

- -------------------------------------------------------------------
 Prospectus   Financial Info as of Date              %
   Loan #                                           Occ
                       mm/dd/yy
- -------------------------------------------------------------------

      1              TTM 7/31/97                    94%
      1              TTM 7/31/97                    95%
      1              TTM 7/31/97                    95%
      1              TTM 7/31/97                    89%
      1              TTM 7/31/97                    92%
      1              TTM 7/31/97                    77%
      1              TTM 7/31/97                    95%
      1              TTM 7/31/97                    95%
      1              TTM 7/31/97                    95%


      2                                            100%
      3              TTM 6/30/97                    90%
      3              TTM 6/30/97                    91%
      3              TTM 6/30/97                    80%
      3              TTM 6/30/97                    94%
      3              TTM 6/30/97                    92%
      3              TTM 6/30/97                    90%
      3              TTM 6/30/97                    94%
      3              TTM 6/30/97                    88%
      3              TTM 6/30/97                    86%
      3              TTM 6/30/97                    92%
      3              TTM 6/30/97                    93%
      3              TTM 6/30/97                    90%
      3              TTM 6/30/97                    93%
      3              TTM 6/30/97                    94%
      3              TTM 6/30/97                    87%
      3              TTM 6/30/97                    84%
      3              TTM 6/30/97                    92%


      4              TTM 5/31/97                    67%
      5              TTM 7/31/97                    84%
      6              TTM 6/30/97                    86%
      7              TTM 6/30/97                    95%
      8              TTM 7/31/97                    68%
      9              TTM 6/30/97                    70%
     10                                            100%
     11              TTM 6/30/97                    95%

     12              TTM 6/30/97                    92%
     12              TTM 6/30/97                    97%
     12              TTM 6/30/97                    95%
     12              TTM 6/30/97                    95%
     12              TTM 12/31/96                   95%
     12              TTM 6/30/97                    70%
     12              TTM 6/30/97                    77%
     12              TTM 6/30/97                    93%
     12              TTM 4/30/97                    93%
     12              TTM 4/30/97                    93%


     13              TTM 6/30/97                    69%
     13              TTM 6/30/97                    75%
     13              TTM 6/30/97                    68%
     13              TTM 6/30/97                    65%
     13              TTM 6/30/97                    69%
     13              TTM 6/30/97                    80%
     13              TTM 6/30/97                    63%
     13              TTM 6/30/97                    42%
     13              TTM 6/30/97                    43%
     13              TTM 6/30/97                    56%


     14              TTM 7/31/97                    94%

     15              TTM 5/31/97                    78%
     15              TTM 5/31/97                    74%


     16              TTM 6/30/97                    94%
     16              TTM 6/30/97                    87%
     16              TTM 6/30/97                    93%
     16              TTM 6/30/97                    92%
     16              TTM 6/30/97                    89%


     17              TTM 8/31/97                    95%
     17              TTM 6/30/97                    95%
     17              TTM 8/31/97                    94%


     18              TTM 6/30/97                    95%
     19              TTM 6/30/97                    92%
     20              TTM 6/30/97                    95%
     21                                             96%

     22              TTM 6/30/97                    96%
     22              TTM 6/30/97                    92%


     23              TTM 4/30/97                    64%
     24              TTM 6/30/97                    92%
     25                                            100%

     26                                             95%
     26                                             95%
     26                                             95%
     26                                             95%
     26                                             95%
     26                                             95%


     27              TTM 6/30/97                    69%
     28              TTM 6/30/97                    93%
     29              TTM 6/30/97                    90%
     30              TTM 6/30/97                    81%
     31              TTM 6/30/97                    90%
     32              TTM 6/30/97                    95%

     33              TTM 6/30/97                    69%
     33              TTM 6/30/97                    66%
     33              TTM 6/30/97                    62%
     33              TTM 6/30/97                    62%


     34              TTM 7/31/97                    80%
     35                                            100%
     36              TTM 6/30/97                    93%
     37
     38              TTM 7/31/97                    95%
     39              TTM 7/31/97                    95%
     40              TTM 6/30/97                    95%
     41            Imp TTM 7/31/97                  95%
     42
     43
     44              TTM 7/31/97                    63%
     45              TTM 6/30/97                    94%
     46              TTM 5/31/97                    92%
     47
     48                                            100%
     49              TTM 7/31/97                    93%
     50
     51              TTM 7/31/97                    87%
     52              TTM 6/30/97                    95%
     53
     54              TTM 7/31/97                    92%
     55              TTM 7/31/97                    90%
     56              TTM 5/31/97                    91%
     57              TTM 6/30/97                    78%
     58              TTM 6/30/97                    90%
     59              TTM 7/31/97                    79%
     60              TTM 7/31/97                    95%
     61              TTM 5/31/97                    85%
     62              TTM 5/31/97                    93%

     63            Imp TTM 6/30/97                  94%
     63            Imp TTM 6/30/97                  95%


     64              TTM 6/30/97                    91%
     65                                            100%
     66              TTM 6/30/97                    95%
     67                                            100%
     68              TTM 7/31/97                    95%
     69              TTM 6/30/97                    95%
     70                                            100%
     71              TTM 6/30/97                    85%
     72              Ann. 7/31/97                   95%
     73              TTM 5/30/97                    91%
     74              TTM 7/31/97                    86%
     75              TTM 7/31/97                    95%
     76              TTM 7/31/97                    94%
     77              TTM 6/30/97                    95%
     78              TTM 6/30/97                    97%
     79                                            100%
     80                                            100%

     81              TTM 6/30/97                    91%
     81              TTM 6/30/97                    95%
     81              TTM 6/30/97                    95%


     82              TTM 5/31/97                    95%
     83              TTM 7/31/97                    92%
     84              TTM 7/20/97                    91%
     85              TTM 6/30/97                    94%
     86                                            100%
     87              TTM 6/30/97                    93%
     88              TTM 7/31/97                    78%
     89             TTM 6/17/1997                   97%
     90              TTM 7/31/97                    92%
     91              TTM 6/30/97                    95%
     92              TTM 7/31/97                    94%
     93              TTM 5/31/97                    95%
     94                                            100%
     95              TTM 6/30/97                    94%
     96              TTM 6/30/97                    92%
     97              TTM 6/30/97                    95%

     98              TTM 7/31/97                    95%
     98              TTM 7/31/97                    92%


     99              TTM 6/30/97                    95%
     100             TTM 6/30/97                    88%
     101             Ann 7/31/97                    95%
     102             TTM 6/30/97                    98%
     103             TTM 6/30/97                    94%
     104             TTM 6/30/97                    91%

     105             TTM 7/31/97                    95%
     105             TTM 7/31/97                    78%
     105             TTM 7/31/97                    95%
     105             TTM 7/31/97                    95%


     106             TTM 7/31/97                    93%
     107             TTM 5/31/97                    95%
     108             TTM 6/30/97                    95%
     109           Imp TTM 6/30/97                  95%
     110             TTM 6/30/97                    95%
     111             TTM 6/30/97                    95%
     112             TTM 6/30/97                    95%
     113             TTM 5/31/97                    95%
     114             TTM 5/24/97                    92%
     115             TTM 6/30/97                    95%
     116                                           100%
     117             TTM 7/31/97                    88%
     118             TTM 12/31/96                  100%
     119           Imp TTM 6/30/97                  92%
     120             TTM 3/31/97                    72%
     121             TTM 5/31/97                    95%
     122             TTM 6/30/97                    74%
     123             TTM 6/30/97                    97%
     124             TTM 6/30/97                    93%
     125           Imp TTM 6/30/97                  95%
     126                                           100%
     127           Imp TTM 7/31/97                  95%
     128           Imp TTM 6/30/97                  93%
     129             TTM 5/31/97                    88%
     130             TTM 6/30/97                    93%
     131             TTM 4/30/97                    73%
     132             TTM 6/30/97                    75%
     133             TTM 6/30/97                    91%
     134             TTM 6/30/97                    95%
     135             TTM 6/30/97                    65%
     136             TTM 6/30/97                    61%
     137             TTM 6/30/97                    95%
     138             TTM 6/30/97                    67%
     139             TTM 7/31/97                    92%
     140             TTM 7/31/97                    92%
     141                                           100%
     142             TTM 6/30/97                    95%
     143             TTM 6/30/97                    93%
     144             TTM 7/31/97                    92%
     145                                           100%
     146             TTM 6/30/97                    95%
     147             TTM 7/31/97                    95%
     148             6/30/97 Ann                    93%
     149             TTM 5/31/97                    95%
     150             TTM 6/30/97                    94%
     151             TTM 6/30/97                    92%
     152             TTM 6/30/97                    95%
     153             TTM 6/30/97                    95%
     154             TTM 6/30/97                    92%
     155             TTM 7/31/97                    95%

- -------------------------------------------------------------------
 Prospectus         Total Revenue                   (1)
   Loan #                                            $
                                               Net Cash Flow

- -------------------------------------------------------------------

      1                    $7,599,583.00             $5,875,191.00
      1                    $4,409,233.00             $3,219,842.00
      1                    $3,835,282.00             $3,062,911.00
      1                    $1,876,296.00             $1,348,257.00
      1                    $1,708,958.00             $1,225,758.00
      1                    $1,850,471.00             $1,128,418.00
      1                    $1,052,830.00               $780,879.00
      1                      $437,786.00               $289,988.00
      1                      $456,076.00               $277,940.00
              -----------------------------------------------------
                          $23,226,515.00            $17,209,184.00

      2                   $20,286,680.00            $13,715,839.00
      3                    $4,195,001.00             $1,943,922.00
      3                    $1,852,715.00             $1,038,539.00
      3                    $2,375,448.00               $820,504.00
      3                    $1,582,721.00               $891,705.00
      3                    $1,298,526.00               $718,570.00
      3                    $1,246,723.00               $619,610.00
      3                      $923,745.00               $525,282.00
      3                      $934,926.00               $510,451.00
      3                      $928,389.00               $430,139.00
      3                      $983,922.00               $400,687.00
      3                      $745,468.00               $362,718.00
      3                      $574,757.00               $298,441.00
      3                      $532,996.00               $307,646.00
      3                      $601,498.00               $279,559.00
      3                      $552,144.00               $244,644.00
      3                      $419,220.00               $184,528.00
      3                      $293,279.00               $160,602.00
              -----------------------------------------------------
                          $20,041,478.00             $9,737,547.00

      4                   $53,597,166.00            $11,922,318.00
      5                   $12,042,865.00             $7,277,416.00
      6                   $11,876,162.00             $6,922,347.00
      7                    $9,205,377.00             $5,815,112.00
      8                   $73,015,923.00            $11,971,423.00
      9                   $32,142,416.00            $13,611,256.00
     10                    $8,579,293.00             $5,385,000.00
     11                   $16,209,401.00             $6,387,633.00

     12                    $2,134,413.00             $1,865,455.00
     12                    $1,182,134.00             $1,015,913.00
     12                      $899,528.00               $768,378.00
     12                      $736,306.00               $614,907.00
     12                      $589,883.00               $484,554.00
     12                      $870,663.00               $314,234.00
     12                      $632,494.00               $164,419.00
     12                      $154,729.00               $121,289.00
     12                      $130,705.00               $108,549.00
     12                       $81,674.00                $70,354.00
              -----------------------------------------------------
                           $7,412,529.00             $5,528,052.00

     13                    $6,020,812.00             $1,126,059.00
     13                    $6,632,303.00             $1,202,887.00
     13                    $2,461,925.00               $806,176.00
     13                    $1,895,899.00               $592,890.00
     13                    $3,638,406.00               $549,982.00
     13                    $1,829,438.00               $414,259.00
     13                    $6,215,113.00               $536,189.00
     13                    $1,320,217.00               $232,120.00
     13                    $2,266,794.00               $152,217.00
     13                    $1,244,058.00               $207,998.00
              -----------------------------------------------------
                          $33,524,965.00             $5,820,777.00

     14                    $8,685,342.00             $4,719,940.00

     15                    $5,164,243.00             $1,992,321.00
     15                    $4,949,140.00             $1,993,584.00
              -----------------------------------------------------
                          $10,113,383.00             $3,985,905.00

     16                    $2,285,573.00             $1,335,108.00
     16                    $2,104,351.00             $1,074,669.00
     16                    $1,395,394.00               $873,337.00
     16                    $1,190,568.00               $556,339.00
     16                    $1,128,135.00               $531,902.00
              -----------------------------------------------------
                           $8,104,021.00             $4,371,355.00

     17                    $1,785,511.00             $1,027,216.00
     17                    $1,626,339.00               $913,444.00
     17                    $1,321,223.00               $738,218.00
              -----------------------------------------------------
                           $4,733,073.00             $2,678,878.00

     18                    $4,734,278.00             $2,883,736.00
     19                    $4,327,414.00             $2,292,167.00
     20                    $5,099,830.00             $2,528,034.00
     21                    $2,711,641.00             $2,412,049.00

     22                    $1,959,231.00             $1,002,501.00
     22                    $1,866,931.00               $901,306.00
              -----------------------------------------------------
                           $3,826,162.00             $1,903,807.00

     23                   $11,459,532.00             $2,359,930.00
     24                    $3,402,622.00             $2,126,022.00
     25                    $1,569,908.00             $1,569,908.04

     26                      $467,085.00               $424,293.00
     26                      $456,983.00               $417,592.00
     26                      $415,616.00               $378,741.00
     26                      $413,015.00               $376,189.00
     26                      $400,705.00               $365,128.00
     26                      $371,744.00               $337,815.00
              -----------------------------------------------------
                           $2,525,148.00             $2,299,758.00

     27                    $4,106,090.00             $2,149,695.00
     28                    $2,914,443.00             $1,620,207.00
     29                    $3,052,885.00             $1,841,053.00
     30                    $5,148,572.00             $1,882,377.00
     31                    $3,420,703.00             $1,572,388.00
     32                    $1,995,737.00             $1,643,744.00

     33                    $3,883,321.00               $730,382.00
     33                    $2,864,491.00               $568,933.00
     33                    $3,703,583.00               $373,133.00
     33                    $2,163,944.00               $306,483.00
              -----------------------------------------------------
                          $12,615,339.00             $1,978,931.00

     34                    $4,002,258.00             $1,728,280.00
     35                                                $995,499.96
     36                    $2,177,250.00             $1,488,499.00
     37                                              $1,092,674.52
     38                    $2,278,813.00             $1,277,422.00
     39                    $1,679,281.00             $1,303,116.00
     40                    $1,960,764.00             $1,137,272.00
     41                    $2,393,675.00             $1,157,375.00
     42                                                $959,577.00
     43                                                $975,133.08
     44                    $5,902,249.00             $1,389,983.00
     45                    $1,832,656.00               $935,185.00
     46                    $2,185,459.00             $1,009,674.00
     47                                                $889,380.00
     48                                                $823,472.04
     49                    $1,861,828.00             $1,065,557.00
     50                                                $864,126.00
     51                    $3,107,965.00             $1,236,905.00
     52                    $2,188,356.00               $936,169.00
     53                                                $782,874.00
     54                    $1,678,284.00               $942,926.00
     55                    $1,800,714.00               $828,124.00
     56                    $1,443,676.00               $814,285.00
     57                    $1,978,504.00             $1,121,998.00
     58                    $1,695,612.00               $841,560.00
     59                    $1,824,679.00               $890,872.00
     60                    $1,123,465.00               $814,182.00
     61                    $1,763,249.00               $953,644.00
     62                    $1,220,810.00               $678,483.00

     63                      $760,179.00               $442,766.00
     63                      $612,847.00               $359,432.00
              -----------------------------------------------------
                           $1,373,026.00               $802,198.00

     64                      $930,813.00               $663,343.00
     65                                                $587,540.04
     66                    $1,227,468.00               $726,209.00
     67                                                $526,235.04
     68                    $1,098,328.00               $562,195.00
     69                    $1,492,288.00               $843,715.00
     70                                                $516,630.00
     71                      $929,810.00               $570,972.00
     72                    $1,255,135.00               $714,838.00
     73                      $837,768.00               $603,041.00
     74                    $1,348,463.00               $630,710.00
     75                    $1,291,605.00               $535,387.00
     76                      $675,486.00               $492,644.00
     77                      $987,477.00               $654,626.00
     78                      $675,769.00               $496,219.00
     79                                                $445,719.96
     80                                                $445,719.96

     81                    $3,301,201.00               $412,189.00
     81                    $2,277,788.00               $383,202.00
     81                    $2,198,429.00               $468,284.00
              -----------------------------------------------------
                           $7,777,418.00             $1,263,675.00

     82                    $1,022,034.00               $544,820.00
     83                      $821,659.00               $561,415.00
     84                      $859,921.00               $452,272.00
     85                      $654,791.00               $461,206.00
     86                                                $390,770.04
     87                      $776,143.00               $507,077.00
     88                      $724,512.00               $440,850.00
     89                      $589,794.00               $488,091.00
     90                    $1,163,155.00               $507,254.00
     91                      $698,282.00               $493,892.00
     92                      $827,210.00               $594,967.00
     93                      $945,713.00               $507,832.00
     94                                                $360,996.00
     95                      $900,510.00               $478,681.00
     96                    $3,835,897.00               $844,307.00
     97                      $994,320.00               $490,565.00

     98                      $543,483.00               $290,418.00
     98                      $390,056.00               $257,995.00
              -----------------------------------------------------
                             $933,539.00               $548,413.00

     99                    $1,168,472.00               $529,192.00
     100                   $1,370,087.00               $519,728.00
     101                     $668,836.00               $452,230.00
     102                     $688,587.00               $423,143.00
     103                     $755,225.00               $446,278.00
     104                     $725,649.00               $448,792.00

     105                     $283,741.00               $173,348.00
     105                     $187,200.00               $136,405.00
     105                      $97,662.00                $55,841.00
     105                      $68,058.00                $43,456.00
              -----------------------------------------------------
                             $636,661.00               $409,050.00

     106                     $689,467.00               $453,387.00
     107                     $648,550.00               $395,147.00
     108                     $788,673.00               $395,834.00
     109                     $864,220.00               $469,365.00
     110                     $899,208.00               $433,822.00
     111                     $461,330.00               $336,178.00
     112                     $515,766.00               $320,256.00
     113                     $633,453.00               $422,072.00
     114                   $1,841,696.00               $358,622.00
     115                     $709,733.00               $483,966.00
     116                                               $260,790.00
     117                     $882,985.00               $294,536.00
     118                     $441,614.00               $404,025.00
     119                     $736,960.00               $303,113.00
     120                   $1,923,263.00               $468,659.00
     121                     $501,035.00               $287,220.00
     122                   $1,416,448.00               $424,952.00
     123                     $402,950.00               $279,652.00
     124                     $987,201.00               $370,434.00
     125                     $440,389.00               $305,008.00
     126                                               $230,256.96
     127                     $437,170.00               $268,067.00
     128                     $463,347.00               $299,435.00
     129                     $458,726.00               $307,938.00
     130                     $702,467.00               $301,516.00
     131                     $955,522.00               $300,593.00
     132                     $798,054.00               $337,258.00
     133                     $594,038.00               $286,323.00
     134                     $423,550.00               $223,787.00
     135                     $850,895.00               $301,862.00
     136                     $716,056.00               $293,087.00
     137                     $500,875.00               $232,667.00
     138                   $1,131,921.00               $289,052.00
     139                     $349,728.00               $209,232.00
     140                     $342,697.00               $188,699.00
     141                     $241,000.00               $232,889.00
     142                     $383,734.00               $183,996.00
     143                     $376,552.00               $223,535.00
     144                     $298,864.00               $185,627.00
     145                                               $114,186.96
     146                     $271,833.00               $142,359.00
     147                     $255,057.00               $159,484.00
     148                     $255,177.00               $157,536.00
     149                     $329,549.00               $164,376.00
     150                     $293,215.00               $137,900.00
     151                     $335,200.00               $131,555.00
     152                     $217,881.00               $119,030.00
     153                     $248,945.00               $108,782.00
     154                     $355,400.00               $100,027.00
     155                     $184,077.00               $105,267.00

                         $680,868,019.00           $296,382,364.60

- -----------------------------------------
 Prospectus              (2)
   Loan #                DSCR

- -----------------------------------------

      1                  1.52
      1                  1.52
      1                  1.52
      1                  1.52
      1                  1.52
      1                  1.52
      1                  1.52
      1                  1.52
      1                  1.52
                         1.52

      2                  1.28
      3                  1.29
      3                  1.29
      3                  1.29
      3                  1.29
      3                  1.29
      3                  1.29
      3                  1.29
      3                  1.29
      3                  1.29
      3                  1.29
      3                  1.29
      3                  1.29
      3                  1.29
      3                  1.29
      3                  1.29
      3                  1.29
      3                  1.29
                         1.29

      4                  1.64
      5                  1.31
      6                  1.31
      7                  1.26
      8                  2.12
      9                  1.83
     10                  1.00
     11                  1.74

     12                  1.36
     12                  1.36
     12                  1.36
     12                  1.36
     12                  1.36
     12                  1.36
     12                  1.36
     12                  1.36
     12                  1.36
     12                  1.36
                         1.36

     13                  1.50
     13                  1.50
     13                  1.50
     13                  1.50
     13                  1.50
     13                  1.50
     13                  1.50
     13                  1.50
     13                  1.50
     13                  1.50
                         1.50

     14                  1.32

     15                  1.20
     15                  1.20
                         1.20

     16                  1.35
     16                  1.35
     16                  1.35
     16                  1.35
     16                  1.35
                         1.35

     17                  1.25
     17                  1.25
     17                  1.25
                         1.25

     18                  1.29
     19                  1.29
     20                  1.45
     21                  1.37

     22                  1.21
     22                  1.21
                         1.21

     23                  1.43
     24                  1.54
     25                  1.00

     26                  1.23
     26                  1.23
     26                  1.23
     26                  1.23
     26                  1.23
     26                  1.23
                         1.23

     27                  1.46
     28                  1.27
     29                  1.41
     30                  1.49
     31                  1.28
     32                  1.34

     33                  1.62
     33                  1.62
     33                  1.62
     33                  1.62
                         1.62

     34                  1.49
     35                  1.00
     36                  1.29
     37                  1.00
     38                  1.33
     39                  1.45
     40                  1.21
     41                  1.32
     42                  1.00
     43                  1.00
     44                  1.43
     45                  1.19
     46                  1.31
     47                  1.00
     48                  1.00
     49                  1.38
     50                  1.00
     51                  1.50
     52                  1.30
     53                  1.00
     54                  1.43
     55                  1.37
     56                  1.29
     57                  1.66
     58                  1.26
     59                  1.40
     60                  1.36
     61                  1.50
     62                  1.23

     63                  1.46
     63                  1.46
                         1.46

     64                  1.23
     65                  1.00
     66                  1.56
     67                  1.00
     68                  1.26
     69                  1.61
     70                  1.00
     71                  1.25
     72                  1.55
     73                  1.40
     74                  1.46
     75                  1.44
     76                  1.23
     77                  1.77
     78                  1.33
     79                  1.00
     80                  1.00

     81                  2.13
     81                  2.13
     81                  2.13
                         2.13

     82                  1.39
     83                  1.35
     84                  1.26
     85                  1.29
     86                  1.00
     87                  1.31
     88                  1.30
     89                  1.28
     90                  1.50
     91                  1.36
     92                  1.69
     93                  1.36
     94                  1.00
     95                  1.47
     96                  1.97
     97                  1.37

     98                  1.49
     98                  1.49
                         1.49

     99                  1.42
     100                 1.51
     101                 1.32
     102                 1.29
     103                 1.30
     104                 1.35

     105                 1.29
     105                 1.29
     105                 1.29
     105                 1.29
                         1.29

     106                 1.43
     107                 1.36
     108                 1.29
     109                 1.54
     110                 1.53
     111                 1.27
     112                 1.24
     113                 1.53
     114                 1.37
     115                 2.02
     116                 1.00
     117                 1.30
     118                 1.28
     119                 1.20
     120                 1.63
     121                 1.26
     122                 1.59
     123                 1.31
     124                 1.42
     125                 1.29
     126                 1.00
     127                 1.44
     128                 1.47
     129                 1.44
     130                 1.52
     131                 1.51
     132                 1.63
     133                 1.64
     134                 1.29
     135                 1.56
     136                 1.39
     137                 1.46
     138                 1.61
     139                 1.38
     140                 1.25
     141                 1.52
     142                 1.30
     143                 1.54
     144                 1.41
     145                 1.00
     146                 1.30
     147                 1.57
     148                 1.45
     149                 1.43
     150                 1.40
     151                 1.44
     152                 1.29
     153                 1.27
     154                 1.32
     155                 1.41

(6) 1995 Annual Operating Information
as of 12/31/95   Normalized

- -------------------------------------------------------------------
 Prospectus   Financial Info as of Date              %
   Loan #                                           Occ
                        mm/yy
- -------------------------------------------------------------------

      1                12/31/95                     N/A
      1                12/31/95                     N/A
      1                12/31/95                     N/A
      1                12/31/95                     N/A
      1                12/31/95                     N/A
      1                12/31/95                     N/A
      1                12/31/95                     N/A
      1                12/31/95                     N/A
      1                12/31/95                     N/A


      2                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A
      3                12/31/95                     N/A


      4                12/31/95                     N/A
      5                12/31/95                     N/A
      6                12/31/95                     N/A
      7                12/31/95                     N/A
      8                12/31/95                     N/A
      9                12/31/95                     N/A
     10                12/31/95                     N/A
     11                12/31/95                     N/A

     12                12/31/95                     N/A
     12                12/31/95                     N/A
     12                12/31/95                     N/A
     12                12/31/95                     N/A
     12                12/31/95                     N/A
     12                12/31/95                     N/A
     12                12/31/95                     N/A
     12                12/31/95                     N/A
     12                12/31/95                     N/A
     12                12/31/95                     N/A


     13                12/31/95                     N/A
     13                12/31/95                     N/A
     13                12/31/95                     N/A
     13                12/31/95                     N/A
     13                12/31/95                     N/A
     13                12/31/95                     N/A
     13                12/31/95                     N/A
     13                12/31/95                     N/A
     13                12/31/95                     N/A
     13                12/31/95                     N/A


     14                12/31/95                     N/A

     15                12/31/95                     N/A
     15                12/31/95                     N/A


     16                12/31/95                     N/A
     16                12/31/95                     N/A
     16                12/31/95                     N/A
     16                12/31/95                     N/A
     16                12/31/95                     N/A


     17                12/31/95                     N/A
     17                12/31/95                     N/A
     17                12/31/95                     N/A


     18                12/31/95                     N/A
     19                12/31/95                     N/A
     20                12/31/95                     N/A
     21                12/31/95                     N/A

     22                12/31/95                     N/A
     22                12/31/95                     N/A


     23                12/31/95                     N/A
     24                12/31/95                     N/A
     25                12/31/95                     N/A

     26                12/31/95                     N/A
     26                12/31/95                     N/A
     26                12/31/95                     N/A
     26                12/31/95                     N/A
     26                12/31/95                     N/A
     26                12/31/95                     N/A


     27                12/31/95                     N/A
     28                12/31/95                     N/A
     29                12/31/95                     N/A
     30                12/31/95                     N/A
     31                12/31/95                     N/A
     32                12/31/95                     N/A

     33                12/31/95                     N/A
     33                12/31/95                     N/A
     33                12/31/95                     N/A
     33                12/31/95                     N/A


     34                12/31/95                     N/A
     35                12/31/95                     N/A
     36                12/31/95                     N/A
     37                12/31/95                     N/A
     38                12/31/95                     N/A
     39                12/31/95                     N/A
     40                12/31/95                     N/A
     41                12/31/95                     N/A
     42                12/31/95                     N/A
     43                12/31/95                     N/A
     44                12/31/95                     N/A
     45                12/31/95                     N/A
     46                12/31/95                     N/A
     47                12/31/95                     N/A
     48                12/31/95                     N/A
     49                12/31/95                     N/A
     50                12/31/95                     N/A
     51                12/31/95                     N/A
     52                12/31/95                     N/A
     53                12/31/95                     N/A
     54                12/31/95                     N/A
     55                12/31/95                     N/A
     56                12/31/95                     N/A
     57                12/31/95                     N/A
     58                12/31/95                     N/A
     59                12/31/95                     N/A
     60                12/31/95                     N/A
     61                12/31/95                     N/A
     62                12/31/95                     N/A

     63                12/31/95                     N/A
     63                12/31/95                     N/A


     64                12/31/95                     N/A
     65                12/31/95                     N/A
     66                12/31/95                     N/A
     67                12/31/95                     N/A
     68                12/31/95                     N/A
     69                12/31/95                     N/A
     70                12/31/95                     N/A
     71                12/31/95                     N/A
     72                12/31/95                     N/A
     73                12/31/95                     N/A
     74                12/31/95                     N/A
     75                12/31/95                     N/A
     76                12/31/95                     N/A
     77                12/31/95                     N/A
     78                12/31/95                     N/A
     79                12/31/95                     N/A
     80                12/31/95                     N/A

     81                12/31/95                     N/A
     81                12/31/95                     N/A
     81                12/31/95                     N/A


     82                12/31/95                     N/A
     83                12/31/95                     N/A
     84                12/31/95                     N/A
     85                12/31/95                     N/A
     86                12/31/95                     N/A
     87                12/31/95                     N/A
     88                12/31/95                     N/A
     89                12/31/95                     N/A
     90                12/31/95                     N/A
     91                12/31/95                     N/A
     92                12/31/95                     N/A
     93                12/31/95                     N/A
     94                12/31/95                     N/A
     95                12/31/95                     N/A
     96                12/31/95                     N/A
     97                12/31/95                     N/A

     98                12/31/95                     N/A
     98                12/31/95                     N/A


     99                12/31/95                     N/A
     100               12/31/95                     N/A
     101               12/31/95                     N/A
     102               12/31/95                     N/A
     103               12/31/95                     N/A
     104               12/31/95                     N/A

     105               12/31/95                     N/A
     105               12/31/95                     N/A
     105               12/31/95                     N/A
     105               12/31/95                     N/A


     106               12/31/95                     N/A
     107               12/31/95                     N/A
     108               12/31/95                     N/A
     109               12/31/95                     N/A
     110               12/31/95                     N/A
     111               12/31/95                     N/A
     112               12/31/95                     N/A
     113               12/31/95                     N/A
     114               12/31/95                     N/A
     115               12/31/95                     N/A
     116               12/31/95                     N/A
     117               12/31/95                     N/A
     118               12/31/95                     N/A
     119               12/31/95                     N/A
     120               12/31/95                     N/A
     121               12/31/95                     N/A
     122               12/31/95                     N/A
     123               12/31/95                     N/A
     124               12/31/95                     N/A
     125               12/31/95                     N/A
     126               12/31/95                     N/A
     127               12/31/95                     N/A
     128               12/31/95                     N/A
     129               12/31/95                     N/A
     130               12/31/95                     N/A
     131               12/31/95                     N/A
     132               12/31/95                     N/A
     133               12/31/95                     N/A
     134               12/31/95                     N/A
     135               12/31/95                     N/A
     136               12/31/95                     N/A
     137               12/31/95                     N/A
     138               12/31/95                     N/A
     139               12/31/95                     N/A
     140               12/31/95                     N/A
     141               12/31/95                     N/A
     142               12/31/95                     N/A
     143               12/31/95                     N/A
     144               12/31/95                     N/A
     145               12/31/95                     N/A
     146               12/31/95                     N/A
     147               12/31/95                     N/A
     148               12/31/95                     N/A
     149               12/31/95                     N/A
     150               12/31/95                     N/A
     151               12/31/95                     N/A
     152               12/31/95                     N/A
     153               12/31/95                     N/A
     154               12/31/95                     N/A
     155               12/31/95                     N/A

- -------------------------------------------------------------------
 Prospectus         Total Revenue                   (1)
   Loan #                                            $
                                                    NOI

- -------------------------------------------------------------------

      1                    $4,907,681.00             $3,557,797.00
      1                    $3,804,146.00             $2,921,023.00
      1                    $3,597,244.00             $2,956,472.00
      1                      $920,235.00               $632,759.00
      1                    $1,668,528.00             $1,273,647.00
      1                    $1,746,189.00             $1,217,365.00
      1                      $981,625.00               $775,911.00
      1                      $422,267.00               $300,489.00
      1                      $452,900.00               $299,686.00
              -----------------------------------------------------
                          $18,500,815.00            $13,935,149.00

      2
      3                    $4,037,289.00             $2,156,708.00
      3                    $1,761,730.00               $999,056.00
      3                    $1,896,498.00               $520,156.00
      3                    $1,423,318.00               $852,538.00
      3                    $1,167,874.00               $661,877.00
      3                    $1,132,803.00               $591,910.00
      3                      $869,429.00               $540,376.00
      3                      $917,180.00               $544,354.00
      3                      $791,870.00               $362,524.00
      3                      $898,929.00               $430,882.00
      3                      $720,597.00               $388,804.00
      3                      $535,468.00               $285,827.00
      3                      $477,777.00               $285,958.00
      3                      $568,115.00               $320,421.00
      3                      $527,380.00               $268,141.00
      3                      $413,115.00               $227,220.00
      3                      $273,338.00               $155,137.00
              -----------------------------------------------------
                          $18,412,710.00             $9,591,889.00

      4                   $47,925,134.00            $13,221,951.00
      5                   $10,716,596.00             $6,865,381.00
      6                   $11,884,609.00             $8,087,829.00
      7                    $9,174,843.00             $6,402,193.00
      8                   $47,155,345.00             $9,674,231.00
      9
     10
     11                   $17,407,347.00             $8,639,122.00

     12                    $2,762,475.00             $2,762,475.00
     12                    $1,067,153.00             $1,039,596.00
     12                      $940,169.00               $904,007.00
     12                    $1,403,721.00               $884,441.00
     12                      $620,930.00               $587,646.00
     12                      $861,607.00               $446,580.00
     12                      $775,632.00               $408,774.00
     12                      $139,605.00               $131,714.00
     12                      $113,901.00               $113,901.00
     12                       $78,108.00                $77,208.00
              -----------------------------------------------------
                           $8,763,301.00             $7,356,342.00

     13                    $5,798,683.00             $1,414,430.00
     13                    $6,994,370.00             $1,629,670.00
     13                    $2,145,918.00               $666,767.00
     13                    $1,776,477.00               $577,280.00
     13                    $4,032,774.00             $1,013,427.00
     13                    $1,892,249.00               $567,477.00
     13                    $6,443,463.00               $980,171.00
     13                    $1,428,781.00               $370,846.00
     13                    $2,319,940.00               $544,437.00
     13                    $1,085,510.00               $233,788.00
              -----------------------------------------------------
                          $33,918,165.00             $7,998,293.00

     14                    $9,912,821.00             $6,840,963.00

     15                    $6,415,445.00             $3,551,898.00
     15                    $5,506,107.00             $2,740,035.00
              -----------------------------------------------------
                          $11,921,552.00             $6,291,933.00

     16                    $2,273,187.00             $1,471,353.00
     16                    $1,876,265.00               $873,746.00
     16                    $1,367,922.00               $869,757.00
     16                    $1,172,748.00               $546,956.00
     16                    $1,111,966.00               $549,382.00
              -----------------------------------------------------
                           $7,802,088.00             $4,311,194.00

     17                    $1,636,594.00             $1,126,705.00
     17                    $1,521,135.00             $1,023,262.00
     17                    $1,244,861.00               $848,253.00
              -----------------------------------------------------
                           $4,402,590.00             $2,998,220.00

     18                    $4,402,667.00             $2,849,627.00
     19                    $2,856,795.00             $1,362,139.00
     20                    $4,636,029.00             $2,258,342.00
     21                            $0.00                     $0.00

     22                    $1,550,173.00               $647,163.00
     22                    $1,805,506.00               $941,622.00
              -----------------------------------------------------
                           $3,355,679.00             $1,588,785.00

     23                   $11,134,653.00             $2,973,418.00
     24                    $2,970,614.00             $2,064,322.00
     25

     26
     26
     26
     26
     26
     26
                                   $0.00                     $0.00

     27                    $3,435,462.00             $1,938,297.00
     28                    $1,333,817.00               $859,322.00
     29                    $3,278,967.00             $2,353,341.00
     30                    $4,563,359.00             $1,917,887.00
     31                    $3,501,273.00             $2,154,907.00
     32                      $150,940.00                $92,285.00

     33                    $3,868,043.00               $986,895.00
     33                    $2,921,644.00               $641,575.00
     33                    $3,763,880.00               $639,499.00
     33                    $2,261,750.00               $399,864.00
              -----------------------------------------------------
                          $12,815,317.00             $2,667,833.00

     34
     35
     36                    $2,142,335.00             $1,742,126.00
     37
     38                    $2,197,829.00             $1,432,297.00
     39                    $1,304,630.00             $1,059,987.00
     40                    $1,944,741.00             $1,190,735.00
     41                    $2,099,251.00             $1,187,876.00
     42
     43
     44                    $5,764,742.00             $1,567,615.00
     45                    $1,738,220.00               $976,538.00
     46                    $2,275,766.00             $1,159,997.00
     47
     48
     49                    $1,743,583.00             $1,160,823.00
     50
     51                    $2,680,409.00             $1,021,702.00
     52                    $1,987,035.00               $925,825.00
     53
     54                    $1,463,908.00               $929,797.00
     55                    $1,872,433.00               $971,830.00
     56                    $1,377,581.00               $796,877.00
     57                    $2,064,752.00             $1,392,898.00
     58                    $1,340,863.00               $712,318.00
     59                    $1,082,068.00               $557,000.00
     60                    $1,069,503.00               $825,926.00
     61                    $1,310,309.00               $800,437.00
     62                    $1,203,547.00               $731,934.00

     63                      $720,506.00               $490,668.00
     63                      $621,010.00               $415,911.00
              -----------------------------------------------------
                           $1,341,516.00               $906,579.00

     64                      $943,599.00               $803,877.00
     65
     66                    $1,122,226.00               $701,998.00
     67
     68                    $1,062,275.00               $574,883.00
     69                    $1,455,710.00             $1,005,887.00
     70
     71                      $822,297.00               $520,448.00
     72                      $956,262.00               $698,941.00
     73                      $826,351.00               $656,793.00
     74
     75                    $1,231,524.00               $564,531.00
     76
     77                      $940,594.00               $688,338.00
     78                      $672,651.00               $544,193.00
     79
     80

     81                    $2,594,008.00               $542,389.00
     81                    $2,077,274.00               $363,240.00
     81                    $2,238,307.00               $546,956.00
              -----------------------------------------------------
                           $6,909,589.00             $1,452,585.00

     82                      $966,116.00               $526,375.00
     83                      $508,561.00               $401,604.00
     84                      $796,349.00               $538,575.00
     85                      $685,767.00               $559,975.00
     86
     87                      $725,171.00               $555,626.00
     88                      $792,871.00               $577,263.00
     89                      $597,180.00               $531,163.00
     90                      $972,104.00               $435,477.00
     91                      $556,957.00               $433,033.00
     92                      $796,250.00               $673,649.00
     93                      $968,905.00               $640,610.00
     94
     95                      $831,033.00               $443,135.00
     96                    $3,577,188.00               $814,157.00
     97                      $885,122.00               $527,828.00

     98                      $363,655.00               $224,599.00
     98                       $91,859.00                $44,831.00
              -----------------------------------------------------
                             $455,514.00               $269,430.00

     99                      $332,264.00                 $8,739.00
     100                   $1,175,456.00               $468,042.00
     101                     $189,000.00               $287,351.00
     102                     $637,895.00               $441,813.00
     103                     $671,478.00               $441,987.00
     104                     $625,119.00               $518,688.00

     105                     $274,640.00               $196,685.00
     105                     $135,086.00                $98,537.00
     105                      $90,023.00                $55,779.00
     105                     $102,350.00                $74,135.00
              -----------------------------------------------------
                             $602,099.00               $425,136.00

     106                     $571,888.00               $416,328.00
     107                     $438,869.00               $304,081.00
     108                     $722,816.00               $389,549.00
     109                     $481,410.00               $221,689.00
     110                     $882,687.00               $492,738.00
     111                     $442,127.00               $322,028.00
     112                     $483,881.00               $331,701.00
     113                     $622,417.00               $445,962.00
     114                   $1,827,061.00               $378,417.00
     115                     $677,892.00               $507,550.00
     116
     117                     $817,677.00               $290,582.00
     118                     $441,614.00               $424,687.00
     119                     $757,260.00               $444,649.00
     120                   $1,982,642.00               $725,536.00
     121                     $489,972.00               $352,090.00
     122                   $1,228,834.00               $371,492.00
     123                     $385,291.00               $306,408.00
     124                     $919,804.00               $396,222.00
     125                     $420,334.00               $300,170.00
     126
     127                     $402,486.00               $267,238.00
     128                     $491,287.00               $384,338.00
     129                     $436,164.00               $314,561.00
     130                     $631,575.00               $291,845.00
     131                     $939,240.00               $369,778.00
     132                     $694,252.00               $431,463.00
     133
     134                     $411,038.00               $254,839.00
     135                   $1,007,217.00               $545,919.00
     136                     $702,771.00               $321,043.00
     137                     $455,895.00               $222,659.00
     138                   $1,142,042.00               $408,085.00
     139                     $236,738.00               $161,986.00
     140                     $328,587.00               $205,383.00
     141
     142                     $352,192.00               $172,717.00
     143                     $281,282.00               $204,379.00
     144                     $281,716.00               $162,100.00
     145
     146                     $276,078.00               $171,220.00
     147                     $210,231.00               $101,412.00
     148
     149                     $334,906.00               $205,218.00
     150                     $293,065.00               $160,687.00
     151                     $312,532.00               $133,551.00
     152                     $212,817.00               $129,689.00
     153                     $242,917.00               $124,420.00
     154                     $351,572.00               $125,763.00
     155                     $138,679.00                $93,346.00

- -----------------------------------------
 Prospectus              (2)
   Loan #                DSCR

- -----------------------------------------

      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A


      2                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A


      4                  N/A
      5                  N/A
      6                  N/A
      7                  N/A
      8                  N/A
      9                  N/A
     10                  N/A
     11                  N/A

     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A


     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A


     14                  N/A

     15                  N/A
     15                  N/A


     16                  N/A
     16                  N/A
     16                  N/A
     16                  N/A
     16                  N/A


     17                  N/A
     17                  N/A
     17                  N/A


     18                  N/A
     19                  N/A
     20                  N/A
     21                  N/A

     22                  N/A
     22                  N/A


     23                  N/A
     24                  N/A
     25                  N/A

     26                  N/A
     26                  N/A
     26                  N/A
     26                  N/A
     26                  N/A
     26                  N/A


     27                  N/A
     28                  N/A
     29                  N/A
     30                  N/A
     31                  N/A
     32                  N/A

     33                  N/A
     33                  N/A
     33                  N/A
     33                  N/A


     34                  N/A
     35                  N/A
     36                  N/A
     37                  N/A
     38                  N/A
     39                  N/A
     40                  N/A
     41                  N/A
     42                  N/A
     43                  N/A
     44                  N/A
     45                  N/A
     46                  N/A
     47                  N/A
     48                  N/A
     49                  N/A
     50                  N/A
     51                  N/A
     52                  N/A
     53                  N/A
     54                  N/A
     55                  N/A
     56                  N/A
     57                  N/A
     58                  N/A
     59                  N/A
     60                  N/A
     61                  N/A
     62                  N/A

     63                  N/A
     63                  N/A


     64                  N/A
     65                  N/A
     66                  N/A
     67                  N/A
     68                  N/A
     69                  N/A
     70                  N/A
     71                  N/A
     72                  N/A
     73                  N/A
     74                  N/A
     75                  N/A
     76                  N/A
     77                  N/A
     78                  N/A
     79                  N/A
     80                  N/A

     81                  N/A
     81                  N/A
     81                  N/A


     82                  N/A
     83                  N/A
     84                  N/A
     85                  N/A
     86                  N/A
     87                  N/A
     88                  N/A
     89                  N/A
     90                  N/A
     91                  N/A
     92                  N/A
     93                  N/A
     94                  N/A
     95                  N/A
     96                  N/A
     97                  N/A

     98                  N/A
     98                  N/A


     99                  N/A
     100                 N/A
     101                 N/A
     102                 N/A
     103                 N/A
     104                 N/A

     105                 N/A
     105                 N/A
     105                 N/A
     105                 N/A


     106                 N/A
     107                 N/A
     108                 N/A
     109                 N/A
     110                 N/A
     111                 N/A
     112                 N/A
     113                 N/A
     114                 N/A
     115                 N/A
     116                 N/A
     117                 N/A
     118                 N/A
     119                 N/A
     120                 N/A
     121                 N/A
     122                 N/A
     123                 N/A
     124                 N/A
     125                 N/A
     126                 N/A
     127                 N/A
     128                 N/A
     129                 N/A
     130                 N/A
     131                 N/A
     132                 N/A
     133                 N/A
     134                 N/A
     135                 N/A
     136                 N/A
     137                 N/A
     138                 N/A
     139                 N/A
     140                 N/A
     141                 N/A
     142                 N/A
     143                 N/A
     144                 N/A
     145                 N/A
     146                 N/A
     147                 N/A
     148                 N/A
     149                 N/A
     150                 N/A
     151                 N/A
     152                 N/A
     153                 N/A
     154                 N/A
     155                 N/A

(6) 1996 Annual Operating Information
as of 12/31/96  Normalized

- -------------------------------------------------------------------
 Prospectus   Financial Info as of Date              %
   Loan #                                           Occ
                        mm/yy
- -------------------------------------------------------------------

      1                12/31/96                     N/A
      1                12/31/96                     N/A
      1                12/31/96                     N/A
      1                12/31/96                     N/A
      1                12/31/96                     N/A
      1                12/31/96                     N/A
      1                12/31/96                     N/A
      1                12/31/96                     N/A
      1                12/31/96                     N/A


      2                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A
      3                12/31/96                     N/A


      4                12/31/96                     N/A
      5                12/31/96                     N/A
      6                12/31/96                     N/A
      7                12/31/96                     N/A
      8                12/31/96                     N/A
      9                12/31/96                     N/A
     10                12/31/96                     N/A
     11                12/31/96                     N/A

     12                12/31/96                     N/A
     12                12/31/96                     N/A
     12                12/31/96                     N/A
     12                12/31/96                     N/A
     12                12/31/96                     N/A
     12                12/31/96                     N/A
     12                12/31/96                     N/A
     12                12/31/96                     N/A
     12                12/31/96                     N/A
     12                12/31/96                     N/A


     13                12/31/96                     N/A
     13                12/31/96                     N/A
     13                12/31/96                     N/A
     13                12/31/96                     N/A
     13                12/31/96                     N/A
     13                12/31/96                     N/A
     13                12/31/96                     N/A
     13                12/31/96                     N/A
     13                12/31/96                     N/A
     13                12/31/96                     N/A


     14                12/31/96                     N/A

     15                12/31/96                     N/A
     15                12/31/96                     N/A

                                          
     16                12/31/96                     N/A
     16                12/31/96                     N/A
     16                12/31/96                     N/A
     16                12/31/96                     N/A
     16                12/31/96                     N/A


     17                12/31/96                     N/A
     17                12/31/96                     N/A
     17                12/31/96                     N/A


     18                12/31/96                     N/A
     19                12/31/96                     N/A
     20                12/31/96                     N/A
     21                12/31/96                     N/A

     22                12/31/96                     N/A
     22                12/31/96                     N/A


     23                12/31/96                     N/A
     24                12/31/96                     N/A
     25                12/31/96                     N/A

     26                12/31/96                     N/A
     26                12/31/96                     N/A
     26                12/31/96                     N/A
     26                12/31/96                     N/A
     26                12/31/96                     N/A
     26                12/31/96                     N/A


     27                12/31/96                     N/A
     28                12/31/96                     N/A
     29                12/31/96                     N/A
     30                12/31/96                     N/A
     31                12/31/96                     N/A
     32                12/31/96                     N/A

     33                12/31/96                     N/A
     33                12/31/96                     N/A
     33                12/31/96                     N/A
     33                12/31/96                     N/A


     34                12/31/96                     N/A
     35                12/31/96                     N/A
     36                12/31/96                     N/A
     37                12/31/96                     N/A
     38                12/31/96                     N/A
     39                12/31/96                     N/A
     40                12/31/96                     N/A
     41                12/31/96                     N/A
     42                12/31/96                     N/A
     43                12/31/96                     N/A
     44                12/31/96                     N/A
     45                12/31/96                     N/A
     46                12/31/96                     N/A
     47                12/31/96                     N/A
     48                12/31/96                     N/A
     49                12/31/96                     N/A
     50                12/31/96                     N/A
     51                12/31/96                     N/A
     52                12/31/96                     N/A
     53                12/31/96                     N/A
     54                12/31/96                     N/A
     55                12/31/96                     N/A
     56                12/31/96                     N/A
     57                12/31/96                     N/A
     58                12/31/96                     N/A
     59                12/31/96                     N/A
     60                12/31/96                     N/A
     61                12/31/96                     N/A
     62                12/31/96                     N/A

     63                12/31/96                     N/A
     63                12/31/96                     N/A


     64                12/31/96                     N/A
     65                12/31/96                     N/A
     66                12/31/96                     N/A
     67                12/31/96                     N/A
     68                12/31/96                     N/A
     69                12/31/96                     N/A
     70                12/31/96                     N/A
     71                12/31/96                     N/A
     72                12/31/96                     N/A
     73                12/31/96                     N/A
     74                12/31/96                     N/A
     75                12/31/96                     N/A
     76                12/31/96                     N/A
     77                12/31/96                     N/A
     78                12/31/96                     N/A
     79                12/31/96                     N/A
     80                12/31/96                     N/A

     81                12/31/96                     N/A
     81                12/31/96                     N/A
     81                12/31/96                     N/A


     82                12/31/96                     N/A
     83                12/31/96                     N/A
     84                12/31/96                     N/A
     85                12/31/96                     N/A
     86                12/31/96                     N/A
     87                12/31/96                     N/A
     88                12/31/96                     N/A
     89                12/31/96                     N/A
     90                12/31/96                     N/A
     91                12/31/96                     N/A
     92                12/31/96                     N/A
     93                12/31/96                     N/A
     94                12/31/96                     N/A
     95                12/31/96                     N/A
     96                12/31/96                     N/A
     97                12/31/96                     N/A

     98                12/31/96                     N/A
     98                12/31/96                     N/A


     99                12/31/96                     N/A
     100               12/31/96                     N/A
     101               12/31/96                     N/A
     102               12/31/96                     N/A
     103               12/31/96                     N/A
     104               12/31/96                     N/A

     105               12/31/96                     N/A
     105               12/31/96                     N/A
     105               12/31/96                     N/A
     105               12/31/96                     N/A


     106               12/31/96                     N/A
     107               12/31/96                     N/A
     108               12/31/96                     N/A
     109               12/31/96                     N/A
     110               12/31/96                     N/A
     111               12/31/96                     N/A
     112               12/31/96                     N/A
     113               12/31/96                     N/A
     114               12/31/96                     N/A
     115               12/31/96                     N/A
     116               12/31/96                     N/A
     117               12/31/96                     N/A
     118               12/31/96                     N/A
     119               12/31/96                     N/A
     120               12/31/96                     N/A
     121               12/31/96                     N/A
     122               12/31/96                     N/A
     123               12/31/96                     N/A
     124               12/31/96                     N/A
     125               12/31/96                     N/A
     126               12/31/96                     N/A
     127               12/31/96                     N/A
     128               12/31/96                     N/A
     129               12/31/96                     N/A
     130               12/31/96                     N/A
     131               12/31/96                     N/A
     132               12/31/96                     N/A
     133               12/31/96                     N/A
     134               12/31/96                     N/A
     135               12/31/96                     N/A
     136               12/31/96                     N/A
     137               12/31/96                     N/A
     138               12/31/96                     N/A
     139               12/31/96                     N/A
     140               12/31/96                     N/A
     141               12/31/96                     N/A
     142               12/31/96                     N/A
     143               12/31/96                     N/A
     144               12/31/96                     N/A
     145               12/31/96                     N/A
     146               12/31/96                     N/A
     147               12/31/96                     N/A
     148               12/31/96                     N/A
     149               12/31/96                     N/A
     150               12/31/96                     N/A
     151               12/31/96                     N/A
     152               12/31/96                     N/A
     153               12/31/96                     N/A
     154               12/31/96                     N/A
     155               12/31/96                     N/A

- -------------------------------------------------------------------
 Prospectus         Total Revenue                   (1)
   Loan #                                            $
                                                    NOI

- -------------------------------------------------------------------

      1                    $5,926,651.00             $4,454,847.00
      1                    $4,112,135.00             $3,181,237.00
      1                    $3,829,319.00             $3,146,087.00
      1                    $1,627,602.00             $1,206,784.00
      1                    $1,699,964.00             $1,320,381.00
      1                    $1,727,676.00             $1,208,541.00
      1                    $1,032,999.00               $797,673.00
      1                      $446,361.00               $319,889.00
      1                      $477,907.00               $309,052.00
              -----------------------------------------------------
                          $20,880,614.00            $15,944,491.00

      2
      3                    $4,119,557.00             $2,035,050.00
      3                    $1,740,613.00             $1,018,851.00
      3                    $2,186,193.00               $810,803.00
      3                    $1,492,949.00               $870,301.00
      3                    $1,241,295.00               $723,727.00
      3                    $1,153,272.00               $575,649.00
      3                      $862,878.00               $490,663.00
      3                      $915,005.00               $521,543.00
      3                      $842,950.00               $389,690.00
      3                      $943,798.00               $427,384.00
      3                      $732,768.00               $392,670.00
      3                      $557,587.00               $304,354.00
      3                      $488,823.00               $287,035.00
      3                      $556,499.00               $268,341.00
      3                      $530,998.00               $258,795.00
      3                      $414,095.00               $214,498.00
      3                      $272,578.00               $154,174.00
              -----------------------------------------------------
                          $19,051,858.00             $9,743,528.00

      4                   $57,853,289.00            $18,684,537.00
      5                   $11,839,089.00             $7,533,411.00
      6                   $11,930,963.00             $8,003,811.00
      7                    $9,496,255.00             $6,802,332.00
      8                   $68,393,789.00            $16,346,633.00
      9                   $29,778,000.00            $14,473,800.00
     10
     11                   $17,500,669.00             $9,098,114.00

     12                    $2,307,474.00             $2,274,800.00
     12                    $1,068,194.00             $1,041,680.00
     12                      $941,225.00               $896,616.00
     12                      $736,564.00               $643,833.00
     12                      $620,930.00               $606,318.00
     12                      $813,569.00               $325,086.00
     12                      $709,829.00               $308,689.00
     12                      $143,483.00               $134,330.00
     12                      $113,901.00               $113,901.00
     12                       $78,108.00                $78,108.00
              -----------------------------------------------------
                           $7,533,277.00             $6,423,361.00

     13                    $6,256,731.00             $1,612,904.00
     13                    $6,785,948.00             $1,538,985.00
     13                    $2,485,708.00               $957,002.00
     13                    $1,991,048.00               $735,010.00
     13                    $3,638,406.00               $633,058.00
     13                    $2,055,271.00               $673,924.00
     13                    $6,294,610.00               $898,422.00
     13                    $1,331,845.00               $365,769.00
     13                    $2,233,510.00               $346,427.00
     13                    $1,240,538.00               $293,597.00
              -----------------------------------------------------
                          $34,313,615.00             $8,055,098.00

     14                    $9,185,877.00             $5,906,432.00

     15                    $5,539,133.00             $2,752,671.00
     15                    $5,111,228.00             $2,568,972.00
              -----------------------------------------------------
                          $10,650,361.00             $5,321,643.00

     16                    $2,235,710.00             $1,420,877.00
     16                    $2,003,497.00             $1,132,446.00
     16                    $1,378,578.00               $919,287.00
     16                    $1,163,685.00               $575,568.00
     16                    $1,131,778.00               $577,383.00
              -----------------------------------------------------
                           $7,913,248.00             $4,625,561.00

     17                    $1,667,139.00             $1,011,266.00
     17                    $1,543,040.00               $938,027.00
     17                    $1,283,323.00               $785,286.00
              -----------------------------------------------------
                           $4,493,502.00             $2,734,579.00

     18                    $4,530,521.00             $2,912,379.00
     19                    $4,216,774.00             $2,204,799.00
     20                    $4,752,291.00             $2,287,798.01
     21                            $0.00                     $0.00

     22                    $1,909,767.00               $978,029.00
     22                    $1,793,780.00               $941,805.00
              -----------------------------------------------------
                           $3,703,547.00             $1,919,834.00

     23                   $11,543,421.00             $3,264,725.00
     24                    $3,279,068.00             $2,330,347.00
     25

     26
     26
     26
     26
     26
     26
                                   $0.00                     $0.00

     27                    $3,602,161.00             $2,011,158.00
     28                    $2,144,812.00             $1,534,586.00
     29                    $3,278,984.00             $2,289,340.00
     30                    $5,237,940.00             $2,255,697.00
     31                    $3,769,129.00             $2,262,547.00
     32                    $1,486,384.00             $1,357,330.91

     33                    $3,961,208.00             $1,072,094.00
     33                    $2,979,488.00               $796,869.00
     33                    $3,745,119.00               $685,024.00
     33                    $2,129,520.00               $374,609.00
              -----------------------------------------------------
                          $12,815,335.00             $2,928,596.00

     34
     35
     36                    $2,312,771.00             $1,921,139.00
     37
     38                    $2,218,940.00             $1,418,122.12
     39                    $1,271,180.00             $1,028,096.40
     40                    $1,971,828.00             $1,219,936.00
     41                    $2,192,870.00             $1,294,904.00
     42
     43
     44                    $5,966,964.00             $1,636,635.00
     45                    $1,834,803.00             $1,014,872.48
     46                    $2,214,476.00             $1,125,943.58
     47
     48
     49                    $1,793,073.00             $1,064,401.00
     50
     51                    $2,663,715.00               $994,671.58
     52                    $2,098,600.00             $1,033,600.00
     53
     54                    $1,593,883.00             $1,036,258.38
     55                    $1,820,507.00               $932,476.00
     56                    $1,402,293.00               $807,219.00
     57                    $2,077,703.00             $1,421,628.00
     58                    $1,683,677.00               $958,227.00
     59                    $1,827,688.00             $1,135,340.00
     60                    $1,120,985.00               $892,050.90
     61                    $1,697,578.00             $1,156,292.23
     62                    $1,224,193.00               $744,969.30

     63                      $717,086.00               $475,248.00
     63                      $685,575.00               $352,629.00
              -----------------------------------------------------
                           $1,402,661.00               $827,877.00

     64                      $964,698.00               $816,725.00
     65
     66                    $1,185,267.00               $737,147.17
     67
     68                    $1,094,592.00               $606,020.00
     69                    $1,486,010.00             $1,088,375.00
     70
     71                      $852,889.00               $546,285.00
     72                    $1,016,664.00               $622,138.00
     73                      $839,647.00               $667,731.00
     74                    $1,290,256.00               $739,932.23
     75                    $1,226,393.00               $525,383.35
     76
     77                      $982,791.00               $726,838.67
     78                      $679,048.00               $534,889.30
     79
     80

     81                    $2,943,103.00               $431,957.00
     81                    $2,337,398.00               $455,570.00
     81                    $2,215,312.00               $524,312.00
              -----------------------------------------------------
                           $7,495,813.00             $1,411,839.00

     82                      $968,914.00               $508,895.00
     83                      $754,299.00               $636,239.00
     84                      $845,939.00               $537,221.92
     85                      $677,854.00               $546,882.59
     86
     87                      $766,964.00               $570,205.00
     88                      $793,486.00               $566,202.30
     89                      $589,832.00               $537,300.02
     90                    $1,029,691.00               $423,805.71
     91                      $649,944.00               $510,009.77
     92                      $830,265.00               $698,759.36
     93                      $964,228.00               $646,316.13
     94
     95                      $839,176.00               $434,528.00
     96                    $3,938,357.00               $991,847.00
     97                      $949,256.00               $593,257.00

     98                      $460,444.00               $317,897.00
     98                      $211,174.00               $157,272.00
              -----------------------------------------------------
                             $671,618.00               $475,169.00

     99                      $902,979.00               $413,204.00
     100                   $1,173,361.00               $405,503.00
     101                     $333,614.00               $414,530.29
     102                     $669,820.00               $470,758.00
     103                     $734,927.00               $475,432.00
     104                     $649,615.00               $439,868.56

     105                     $291,228.00               $205,255.00
     105                     $132,027.00                $87,831.00
     105                      $98,680.00                $63,251.00
     105                     $107,605.00                $85,527.00
              -----------------------------------------------------
                             $629,540.00               $441,864.00

     106                     $655,471.00               $489,660.53
     107                     $661,312.00               $477,643.71
     108                     $751,176.00               $411,553.00
     109
     110                     $868,757.00               $447,346.88
     111                     $454,212.00               $333,968.00
     112                     $518,688.00               $338,587.60
     113                     $618,176.00               $443,178.29
     114                   $1,850,611.00               $457,315.00
     115                     $696,250.00               $523,552.09
     116
     117                     $858,375.00               $336,127.05
     118                     $441,614.00               $424,299.00
     119                     $736,975.00               $375,491.00
     120                   $1,922,761.00               $677,346.75
     121                     $494,080.00               $355,407.78
     122                   $1,416,502.00               $631,660.00
     123                     $397,507.00               $320,560.00
     124                     $988,712.00               $431,730.00
     125                     $445,571.00               $316,598.00
     126
     127                     $422,176.00               $268,555.20
     128                     $462,597.00               $361,460.00
     129                     $482,354.00               $372,626.14
     130                     $624,862.00               $281,159.90
     131                   $1,029,198.00               $399,663.00
     132                     $819,757.00               $476,508.75
     133                     $517,261.00               $259,643.95
     134                     $420,101.00               $241,644.50
     135                   $1,136,493.00               $643,711.07
     136                     $714,100.00               $268,061.62
     137                     $453,208.00               $213,483.59
     138                   $1,192,959.00               $400,520.00
     139                     $333,615.00               $232,970.00
     140                     $342,210.00               $215,477.00
     141
     142                     $376,756.00               $184,087.28
     143                     $310,771.00               $235,787.52
     144                     $293,087.00               $189,373.00
     145
     146                     $275,558.00               $163,838.11
     147                     $250,160.00               $141,841.00
     148                     $244,058.00               $193,680.00
     149                     $342,095.00               $220,533.46
     150                     $287,865.00               $152,796.48
     151                     $320,608.00               $133,559.87
     152                     $211,980.00               $126,329.00
     153                     $241,130.00               $118,320.00
     154                     $353,770.00               $126,182.94
     155                     $158,569.00                $78,987.00

- -----------------------------------------
 Prospectus              (2)
   Loan #                DSCR

- -----------------------------------------

      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A


      2                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A


      4                  N/A
      5                  N/A
      6                  N/A
      7                  N/A
      8                  N/A
      9                  N/A
     10                  N/A
     11                  N/A

     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A


     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A


     14                  N/A

     15                  N/A
     15                  N/A


     16                  N/A
     16                  N/A
     16                  N/A
     16                  N/A
     16                  N/A


     17                  N/A
     17                  N/A
     17                  N/A


     18                  N/A
     19                  N/A
     20                  N/A
     21                  N/A

     22                  N/A
     22                  N/A


     23                  N/A
     24                  N/A
     25                  N/A

     26                  N/A
     26                  N/A
     26                  N/A
     26                  N/A
     26                  N/A
     26                  N/A


     27                  N/A
     28                  N/A
     29                  N/A
     30                  N/A
     31                  N/A
     32                  N/A

     33                  N/A
     33                  N/A
     33                  N/A
     33                  N/A


     34                  N/A
     35                  N/A
     36                  N/A
     37                  N/A
     38                  N/A
     39                  N/A
     40                  N/A
     41                  N/A
     42                  N/A
     43                  N/A
     44                  N/A
     45                  N/A
     46                  N/A
     47                  N/A
     48                  N/A
     49                  N/A
     50                  N/A
     51                  N/A
     52                  N/A
     53                  N/A
     54                  N/A
     55                  N/A
     56                  N/A
     57                  N/A
     58                  N/A
     59                  N/A
     60                  N/A
     61                  N/A
     62                  N/A

     63                  N/A
     63                  N/A


     64                  N/A
     65                  N/A
     66                  N/A
     67                  N/A
     68                  N/A
     69                  N/A
     70                  N/A
     71                  N/A
     72                  N/A
     73                  N/A
     74                  N/A
     75                  N/A
     76                  N/A
     77                  N/A
     78                  N/A
     79                  N/A
     80                  N/A

     81                  N/A
     81                  N/A
     81                  N/A


     82                  N/A
     83                  N/A
     84                  N/A
     85                  N/A
     86                  N/A
     87                  N/A
     88                  N/A
     89                  N/A
     90                  N/A
     91                  N/A
     92                  N/A
     93                  N/A
     94                  N/A
     95                  N/A
     96                  N/A
     97                  N/A

     98                  N/A
     98                  N/A


     99                  N/A
     100                 N/A
     101                 N/A
     102                 N/A
     103                 N/A
     104                 N/A

     105                 N/A
     105                 N/A
     105                 N/A
     105                 N/A


     106                 N/A
     107                 N/A
     108                 N/A
     109                 N/A
     110                 N/A
     111                 N/A
     112                 N/A
     113                 N/A
     114                 N/A
     115                 N/A
     116                 N/A
     117                 N/A
     118                 N/A
     119                 N/A
     120                 N/A
     121                 N/A
     122                 N/A
     123                 N/A
     124                 N/A
     125                 N/A
     126                 N/A
     127                 N/A
     128                 N/A
     129                 N/A
     130                 N/A
     131                 N/A
     132                 N/A
     133                 N/A
     134                 N/A
     135                 N/A
     136                 N/A
     137                 N/A
     138                 N/A
     139                 N/A
     140                 N/A
     141                 N/A
     142                 N/A
     143                 N/A
     144                 N/A
     145                 N/A
     146                 N/A
     147                 N/A
     148                 N/A
     149                 N/A
     150                 N/A
     151                 N/A
     152                 N/A
     153                 N/A
     154                 N/A
     155                 N/A

(5) YTD or Trailing 12 Months
Financial Information
Month Reported  Actual

- -------------------------------------------------------------------
 Prospectus         FS Start Date               FS End Date
   Loan #
                        mm/yy                      mm/yy
- -------------------------------------------------------------------

      1                 Oct-97                    Apr-98
      1                 Oct-97                    Apr-98
      1                 Oct-97                    Apr-98
      1                 Oct-97                    Apr-98
      1                 Oct-97                    Apr-98
      1                 Oct-97                    Apr-98
      1                 Oct-97                    Apr-98
      1                 Oct-97                    Apr-98
      1                 Oct-97                    Apr-98


      2
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98
      3                 Oct-97                    Apr-98


      4                 Oct-97                    Apr-98
      5                 Oct-97                    Apr-98
      6                 Oct-97                    Apr-98
      7                 Oct-97                    Mar-98
      8                 Oct-97                    Feb-98
      9                 Oct-97                    Apr-98
     10
     11

     12                 Oct-97                    Apr-98
     12                 Oct-97                    Apr-98
     12                 Oct-97                    Apr-98
     12                 Oct-97                    Apr-98
     12                 Oct-97                    Apr-98
     12                 Oct-97                    Apr-98
     12                 Oct-97                    Apr-98
     12                 Oct-97                    Apr-98
     12                 Oct-97                    Apr-98
     12                 Oct-97                    Apr-98


     13                 Oct-97                    Jan-98
     13                 Oct-97                    Jan-98
     13                 Oct-97                    Jan-98
     13                 Oct-97                    Jan-98
     13                 Oct-97                    Jan-98
     13                 Oct-97                    Jan-98
     13                 Oct-97                    Jan-98
     13                 Oct-97                    Jan-98
     13                 Oct-97                    Jan-98
     13                 Oct-97                    Jan-98


     14

     15
     15


     16                 Oct-97                    Apr-98
     16                 Oct-97                    Apr-98
     16                 Oct-97                    Apr-98
     16                 Oct-97                    Apr-98
     16                 Oct-97                    Apr-98


     17                 Oct-97                    Apr-98
     17                 Oct-97                    Apr-98
     17                 Oct-97                    Apr-98


     18                 Oct-97                    Apr-98
     19                 Oct-97                    Apr-98
     20                 Oct-97                    Mar-98
     21

     22
     22


     23                 Oct-97                    Apr-98
     24                 Nov-97                    Apr-98
     25

     26
     26
     26
     26
     26
     26


     27                 Oct-97                    Mar-98
     28
     29                 Oct-97                    Dec-97
     30                 Oct-97                    Mar-98
     31                 Oct-97                    Mar-98
     32                 Oct-97                    Dec-97

     33                 Oct-97                    Mar-98
     33                 Oct-97                    Mar-98
     33                 Oct-97                    Mar-98
     33                 Oct-97                    Mar-98


     34                 Oct-97                    Apr-98
     35
     36                 Oct-97                    Dec-97
     37
     38                 Oct-97                    Mar-98
     39                 Oct-97                    Mar-98
     40                 Oct-97                    Mar-98
     41                 Oct-97                    Apr-98
     42
     43
     44                 Oct-97                    Mar-98
     45
     46                 Oct-97                    Dec-97
     47
     48
     49                 Oct-97                    Mar-98
     50
     51                 Oct-97                    Mar-98
     52
     53
     54                 Oct-97                    Mar-98
     55                 Oct-97                    Dec-97
     56                 Oct-97                    Apr-98
     57                 Oct-97                    Dec-97
     58                 Oct-97                    Dec-97
     59                 Oct-97                    Dec-97
     60                 Oct-97                    Mar-98
     61                 Oct-97                    Dec-97
     62                 Oct-97                    Mar-98

     63                 Oct-97                    Mar-98
     63                 Oct-97                    Mar-98


     64                 Oct-97                    Mar-98
     65
     66                 Oct-97                    Mar-98
     67
     68
     69                 Oct-97                    Mar-98
     70
     71                 Oct-97                    Dec-97
     72                 Oct-97                    Dec-97
     73                 Oct-97                    Mar-98
     74                 Oct-97                    Mar-98
     75                 Oct-97                    Mar-98
     76                 Oct-97                    Dec-97
     77                 Oct-97                    Dec-97
     78                 Oct-97                    Mar-98
     79
     80

     81                 Oct-97                    Feb-98
     81                 Oct-97                    Feb-98
     81                 Oct-97                    Feb-98


     82                 Oct-97                    Mar-98
     83                 Oct-97                    Dec-97
     84                 Oct-97                    Apr-98
     85                 Oct-97                    Mar-98
     86
     87                 Oct-97                    Mar-98
     88                 Oct-97                    Dec-97
     89                 Oct-97                    Mar-98
     90                 Oct-97                    Dec-97
     91                 Oct-97                    Dec-97
     92                 Oct-97                    Mar-98
     93
     94
     95                 Oct-97                    Dec-97
     96                 Oct-97                    Feb-98
     97                 Oct-97                    Dec-97

     98                 Oct-97                    Dec-97
     98                 Oct-97                    Dec-97


     99                 Oct-97                    Dec-97
     100                Oct-97                    Mar-98
     101                Oct-97                    Mar-98
     102                Oct-97                    Mar-98
     103                Oct-97                    Mar-98
     104                Oct-97                    Mar-98

     105                Oct-97                    Dec-97
     105                Oct-97                    Dec-97
     105                Oct-97                    Dec-97
     105                Oct-97                    Dec-97


     106                Oct-97                    Mar-98
     107                Oct-97                    Mar-98
     108                Oct-97                    Dec-97
     109                Oct-97                    Mar-98
     110                Oct-97                    Dec-97
     111                Oct-97                    Dec-97
     112                Oct-97                    Dec-97
     113                Oct-97                    Dec-97
     114                Oct-97                    Mar-98
     115                Oct-97                    Dec-97
     116
     117                Oct-97                    Dec-97
     118                Oct-97                    Dec-97
     119                Oct-97                    Mar-98
     120
     121                Oct-97                    Dec-97
     122
     123                Oct-97                    Mar-98
     124                Oct-97                    Dec-97
     125                Oct-97                    Dec-97
     126
     127                Oct-97                    Mar-98
     128                Oct-97                    Mar-98
     129                Oct-97                    Mar-98
     130                Oct-97                    Mar-98
     131                Oct-97                    Mar-98
     132
     133                Oct-97                    Dec-97
     134                Dec-97                    Mar-98
     135                Oct-97                    Mar-98
     136                Oct-97                    Mar-98
     137                Oct-97                    Dec-97
     138                Oct-97                    Mar-98
     139                Oct-97                    Dec-97
     140                Oct-97                    Mar-98
     141                Oct-97                    Mar-98
     142                Oct-97                    Dec-97
     143                Oct-97                    Mar-98
     144                Oct-97                    Mar-98
     145
     146                Oct-97                    Mar-98
     147                Oct-97                    Dec-97
     148                Oct-97                    Dec-97
     149                Oct-97                    Dec-97
     150                Oct-97                    Dec-97
     151                Oct-97                    Mar-98
     152                Oct-97                    Mar-98
     153                Oct-97                    Dec-97
     154                Oct-97                    Dec-97
     155                Oct-97                    Dec-97

- -------------------------------------------------------------------
 Prospectus         Total Revenue                    $
   Loan #                                           NOI

- -------------------------------------------------------------------

      1             $4,644,735.00              $3,518,918.00
      1             $2,634,168.00              $1,973,009.00
      1             $2,393,371.00              $1,913,847.00
      1             $1,083,247.00               $802,865.00
      1             $1,044,141.00               $755,466.00
      1             $1,136,935.00               $861,676.00
      1              $743,789.00                $581,541.00
      1              $281,483.00                $205,489.00
      1              $268,831.00                $178,135.00


      2
      3             $2,529,550.40              $1,094,598.01
      3             $1,174,748.45               $648,713.66
      3             $1,611,970.16              ($246,339.27)
      3              $964,992.91                $455,578.50
      3              $775,253.16                $352,795.84
      3              $772,445.88                $369,843.63
      3              $543,070.31                $289,230.05
      3              $598,077.77                $230,810.70
      3              $582,486.01                $242,427.29
      3              $582,391.53                $219,932.75
      3              $430,175.24               ($21,589.95)
      3              $355,781.57                $154,187.92
      3              $329,098.85                $170,389.19
      3              $359,913.90                $158,814.02
      3              $331,752.42                $68,239.34
      3              $262,644.70                $97,832.53
      3              $169,659.33                $72,116.64


      4             $20,462,590.62            $11,176,796.69
      5             $7,928,029.00              $5,181,069.31
      6             $7,135,998.00              $4,614,881.56
      7             $5,164,018.14              $3,775,980.04
      8             $59,867,859.00             $4,505,989.00
      9             $18,227,944.00            $11,070,983.00
     10
     11

     12             $1,346,028.00              $1,327,729.00
     12              $707,929.00                $690,600.00
     12              $547,581.00                $524,865.00
     12              $403,408.00                $393,719.00
     12              $362,208.00                $311,113.00
     12              $502,868.00                $304,980.00
     12              $343,845.00                $163,867.00
     12              $115,808.00                $134,762.00
     12               $73,591.00                $72,536.00
     12               $60,340.00                $59,083.00


     13             $1,606,567.00               $305,029.00
     13             $2,196,451.00               $552,872.00
     13              $805,299.00                $324,346.00
     13              $466,155.00                $99,228.00
     13             $1,306,392.00               $282,537.00
     13              $502,863.00                $91,579.00
     13             $1,511,826.00               $201,975.00
     13              $219,129.00               ($53,899.00)
     13              $489,637.00               ($122,657.00)
     13              $251,336.00               ($20,606.00)


     14

     15
     15


     16             $1,466,344.38               $882,936.55
     16             $1,531,523.59               $663,300.92
     16              $921,663.83                $570,692.09
     16              $769,758.86                $331,491.96
     16              $753,874.54                $337,409.20
                          .

     17             $1,006,326.00               $467,928.57
     17             $1,029,334.00               $610,049.57
     17              $786,898.00                $348,699.57


     18             $2,287,886.60              $1,403,134.87
     19             $2,763,222.00              $1,452,806.64
     20             $2,685,765.36              $1,334,459.15
     21

     22
     22


     23             $2,504,811.04              ($469,269.26)
     24             $2,283,119.02              $1,595,094.87
     25

     26
     26
     26
     26
     26
     26


     27             $2,142,321.92              $1,086,800.03
     28
     29              $880,793.00                $566,075.00
     30             $2,150,485.00              $1,338,115.00
     31             $1,670,836.87               $802,929.54
     32              $560,078.00                $506,301.22

     33             $1,196,170.00               $148,221.00
     33              $890,887.00                $105,760.00
     33             $1,251,716.00               $86,634.00
     33              $729,272.00                $33,685.00


     34             $2,608,263.00              $1,424,383.34
     35
     36              $513,867.47                $346,424.15
     37
     38             $1,208,249.32               $761,265.93
     39              $956,710.88                $770,294.55
     40             $1,014,182.00               $522,465.00
     41             $1,384,550.00               $830,365.31
     42
     43
     44              $950,652.00               ($22,717.02)
     45
     46              $544,144.84                $178,628.56
     47
     48
     49              $892,843.00                $411,926.99
     50
     51             $1,614,767.24               $750,438.80
     52
     53
     54              $985,477.20                $676,727.60
     55              $481,037.31                $233,531.39
     56              $850,881.00                $444,725.94
     57              $504,690.01                $363,447.30
     58              $639,000.00                $456,761.53
     59              $462,004.58                $295,511.42
     60              $551,341.10                $439,947.54
     61              $412,577.99                $214,293.16
     62              $612,884.00                $305,444.00

     63              $367,134.59                $145,875.71
     63              $279,458.17                $61,942.72


     64              $518,452.43                $400,363.00
     65
     66              $631,165.58                $291,707.16
     67
     68
     69              $779,387.21                $537,735.56
     70
     71              $242,158.00                $164,110.00
     72              $367,435.33                $203,827.12
     73              $405,388.00                $176,397.20
     74              $701,790.67                $415,680.40
     75              $618,374.30                $198,613.80
     76              $153,961.16                $133,859.12
     77              $243,718.54                $87,870.66
     78              $316,545.19                $239,620.60
     79
     80

     81             $1,810,525.47               $475,587.13
     81             $1,426,855.28               $380,921.84
     81              $947,104.09                $70,292.23


     82              $561,262.62                $291,867.06
     83              $223,563.00                $182,196.99
     84              $557,571.19                $347,244.68
     85              $316,343.70                $217,688.86
     86
     87              $411,306.15                $386,617.56
     88              $182,291.00                $130,906.79
     89              $358,782.08                $290,402.96
     90              $298,492.39                $83,535.47
     91              $189,351.51                $63,356.44
     92              $433,768.85                $358,923.43
     93
     94
     95              $221,877.21                $110,530.61
     96             $1,568,456.43               $112,772.33
     97              $291,790.00                $214,260.24

     98              $152,491.00                $89,477.00
     98               $98,950.00                $22,390.00


     99              $325,440.26                $166,509.04
     100             $735,425.00                $384,694.83
     101             $260,286.00                $211,439.00
     102             $397,763.00                $271,269.84
     103             $425,611.00                $271,001.00
     104             $389,346.27                $224,648.98

     105              $49,987.00                $28,842.80
     105              $24,696.00                $24,415.66
     105             $105,553.00                $67,928.00
     105              $13,371.00                $12,490.10


     106             $337,680.01                $208,994.89
     107             $357,653.18                $255,110.43
     108             $205,038.00                $118,798.83
     109             $482,804.27                $276,553.02
     110             $228,596.39                $65,153.47
     111             $124,101.04                $85,327.53
     112             $152,540.54                $93,415.20
     113             $185,629.31                $12,850.21
     114             $951,815.63                $128,666.28
     115             $180,746.43                $123,759.55
     116
     117             $230,689.96                $88,695.08
     118             $110,403.00                $102,096.00
     119             $422,538.10                $218,211.78
     120
     121             $125,776.82                $75,639.28
     122
     123             $206,120.59                $157,560.71
     124             $227,506.00                $55,540.77
     125             $113,822.20                $75,862.24
     126
     127             $218,780.50                $125,539.70
     128             $234,978.00                $154,124.00
     129             $203,539.63                $141,007.38
     130             $349,165.51                $134,940.52
     131             $424,683.18                $200,879.98
     132
     133             $143,912.00                $66,872.30
     134             $161,949.45                $98,958.39
     135             $477,678.19                $253,304.43
     136             $396,970.23                $104,112.96
     137             $113,816.35                $56,852.98
     138             $414,105.92                $108,514.59
     139              $97,071.00                $51,872.50
     140             $177,026.81                $65,066.29
     141             $120,499.98                $119,457.00
     142              $96,370.74                $44,285.32
     143             $184,585.04                $127,500.43
     144             $155,081.68                $78,378.92
     145
     146             $140,921.00                $70,461.63
     147              $81,355.58                $55,280.30
     148              $68,657.42                $53,089.29
     149              $73,129.47                $41,079.14
     150              $74,863.50                $22,345.67
     151             $171,907.02                $56,471.60
     152             $117,444.56                $62,524.94
     153              $71,072.31                $30,225.03
     154              $81,487.50                ($2,863.97)
     155              $53,841.15                $31,922.45
                   $236,613,207.16            $97,769,258.39

- -----------------------------------------
 Prospectus               %
   Loan #                DSCR
                         (4)
- -----------------------------------------

      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A
      1                  N/A


      2
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A
      3                  N/A


      4                  N/A
      5                  N/A
      6                  N/A
      7                  N/A
      8                  N/A
      9                  N/A
     10
     11

     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A
     12                  N/A


     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A
     13                  N/A


     14

     15
     15


     16                  N/A
     16                  N/A
     16                  N/A
     16                  N/A
     16                  N/A


     17                  N/A
     17                  N/A
     17                  N/A


     18                  N/A
     19                  N/A
     20                  N/A
     21

     22
     22


     23                  N/A
     24                  N/A
     25

     26
     26
     26
     26
     26
     26


     27                  N/A
     28
     29                  N/A
     30                  N/A
     31                  N/A
     32                  N/A

     33                  N/A
     33                  N/A
     33                  N/A
     33                  N/A


     34                  N/A
     35
     36                  N/A
     37
     38                  N/A
     39                  N/A
     40                  N/A
     41                  N/A
     42
     43
     44                  N/A
     45
     46                  N/A
     47
     48
     49                  N/A
     50
     51                  N/A
     52
     53
     54                  N/A
     55                  N/A
     56                  N/A
     57                  N/A
     58                  N/A
     59                  N/A
     60                  N/A
     61                  N/A
     62                  N/A

     63                  N/A
     63                  N/A


     64                  N/A
     65
     66                  N/A
     67
     68
     69                  N/A
     70
     71                  N/A
     72                  N/A
     73                  N/A
     74                  N/A
     75                  N/A
     76                  N/A
     77                  N/A
     78                  N/A
     79
     80

     81                  N/A
     81                  N/A
     81                  N/A


     82                  N/A
     83                  N/A
     84                  N/A
     85                  N/A
     86
     87                  N/A
     88                  N/A
     89                  N/A
     90                  N/A
     91                  N/A
     92                  N/A
     93
     94
     95                  N/A
     96                  N/A
     97                  N/A

     98                  N/A
     98                  N/A


     99                  N/A
     100                 N/A
     101                 N/A
     102
     103                 N/A
     104                 N/A

     105                 N/A
     105                 N/A
     105                 N/A
     105                 N/A


     106                 N/A
     107                 N/A
     108                 N/A
     109                 N/A
     110                 N/A
     111                 N/A
     112                 N/A
     113                 N/A
     114                 N/A
     115                 N/A
     116
     117                 N/A
     118                 N/A
     119                 N/A
     120
     121                 N/A
     122
     123                 N/A
     124                 N/A
     125                 N/A
     126
     127                 N/A
     128                 N/A
     129                 N/A
     130                 N/A
     131                 N/A
     132
     133                 N/A
     134                 N/A
     135                 N/A
     136                 N/A
     137                 N/A
     138                 N/A
     139                 N/A
     140                 N/A
     141
     142                 N/A
     143                 N/A
     144                 N/A
     145
     146                 N/A
     147                 N/A
     148                 N/A
     149                 N/A
     150                 N/A
     151                 N/A
     152                 N/A
     153                 N/A
     154                 N/A
     155                 N/A

(4) Net Change (3)
Preceding and Basis

- -------------------------------------------------------------------
 Prospectus               %                          %
   Loan #                Occ                   Total Revenue

- -------------------------------------------------------------------

      1
      1
      1
      1
      1
      1
      1
      1
      1


      2
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3


      4
      5
      6
      7
      8
      9
     10
     11

     12
     12
     12
     12
     12
     12
     12
     12
     12
     12


     13
     13
     13
     13
     13
     13
     13
     13
     13
     13


     14

     15
     15


     16
     16
     16
     16
     16


     17
     17
     17


     18
     19
     20
     21

     22
     22


     23
     24
     25

     26
     26
     26
     26
     26
     26


     27
     28
     29
     30
     31
     32

     33
     33
     33
     33


     34
     35
     36
     37
     38
     39
     40
     41
     42
     43
     44
     45
     46
     47
     48
     49
     50
     51
     52
     53
     54
     55
     56
     57
     58
     59
     60
     61
     62

     63
     63


     64
     65
     66
     67
     68
     69
     70
     71
     72
     73
     74
     75
     76
     77
     78
     79
     80

     81
     81
     81


     82
     83
     84
     85
     86
     87
     88
     89
     90
     91
     92
     93
     94
     95
     96
     97

     98
     98


     99
     100
     101
     102
     103
     104

     105
     105
     105
     105


     106
     107
     108
     109
     110
     111
     112
     113
     114
     115
     116
     117
     118
     119
     120
     121
     122
     123
     124
     125
     126
     127
     128
     129
     130
     131
     132
     133
     134
     135
     136
     137
     138
     139
     140
     141
     142
     143
     144
     145
     146
     147
     148
     149
     150
     151
     152
     153
     154
     155

- -----------------------------------------
 Prospectus              (1)
   Loan #                DSCR

- -----------------------------------------

      1
      1
      1
      1
      1
      1
      1
      1
      1


      2
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3


      4
      5
      6
      7
      8
      9
     10
     11

     12
     12
     12
     12
     12
     12
     12
     12
     12
     12


     13
     13
     13
     13
     13
     13
     13
     13
     13
     13


     14

     15
     15


     16
     16
     16
     16
     16


     17
     17
     17


     18
     19
     20
     21

     22
     22


     23
     24
     25

     26
     26
     26
     26
     26
     26


     27
     28
     29
     30
     31
     32

     33
     33
     33
     33


     34
     35
     36
     37
     38
     39
     40
     41
     42
     43
     44
     45
     46
     47
     48
     49
     50
     51
     52
     53
     54
     55
     56
     57
     58
     59
     60
     61
     62

     63
     63


     64
     65
     66
     67
     68
     69
     70
     71
     72
     73
     74
     75
     76
     77
     78
     79
     80

     81
     81
     81


     82
     83
     84
     85
     86
     87
     88
     89
     90
     91
     92
     93
     94
     95
     96
     97

     98
     98


     99
     100
     101
     102
     103
     104

     105
     105
     105
     105


     106
     107
     108
     109
     110
     111
     112
     113
     114
     115
     116
     117
     118
     119
     120
     121
     122
     123
     124
     125
     126
     127
     128
     129
     130
     131
     132
     133
     134
     135
     136
     137
     138
     139
     140
     141
     142
     143
     144
     145
     146
     147
     148
     149
     150
     151
     152
     153
     154
     155

   Total:


Financial Information:

Current Full Year:
Current Full Yr. received with DSCR less than 1:
Prior Full Year:
Prior Full Yr. received with DSCR less than 1:
Quarterly Financials:


                   Received:
   Loans                                      Balance
      #                   %                          $
     (5)
     (5)
     (5)
     (5)
     (5)


              Required:
   Loans                                      Balance
      #                   %                          $
     (5)
     (5)
     (5)
     (5)
     (5)

(1) NOI or Net Cash Flow (as applicable)
(2) DSCR calculated using NOI (or Net Cash Flow as applicable) /
Debt Service
(3) Net change should compare the latest year to the underwriting
year
(4) Information will not be available until November of 1998.
(5) First full year will be approximately October 1998.
(6) Information obtained from the prospectus.

Asset Securitization Corporation
Series 1997-D5  Delinquent Loan
Status Report  as of 5/11/98


- -------------------------------------------------------------------
     S4                  S55                        S61

Prospectus ID      Short Name (When            Property Type
                     Appropriate)


- -------------------------------------------------------------------
     S57                 S58                    S62 or S63

    City                State                 Sq Ft or Units


- -------------------------------------------------------------------
     P8                   P7                        P37
              (a)                        (b)
  Paid Thru     Scheduled Loan Balance     Total P&I Advances To
    Date                                           Date


- -------------------------------------------------------------------
     P39                 P38
(c)           (d)                        (e)=a+b+c+d
    Total      Other Advances (Taxes &        Total Exposure
 Expenses To           Escrow)
    Date


- -------------------------------------------------------------------
     P25                 P10                        P11

   Current      Current Interest Rate          Maturity Date
 Monthly P&I


- -------------------------------------------------------------------
     P58                 P54                        P55

   LTM NOI             LTM NOI                   LTM DSCR
    Date


- -------------------------------------------------------------------
                         P74                        P75
     (f)
    Value           Valuation Date               Appraisal
                                                   BPO or
                                             Internal Value**


- -------------------------------------------------------------------
                                                    P77
(g)=(.92*f)-e (h)=(g/e)
 Loss using      Estimated Recovery %            Transfer
92% Appr. or                                       Date
   BPO (f)


- -------------------------------------------------------------------
     P79                                            P42

   Closing          Date NOI Filed        Expected FCL Sale Date
    Date


- -----------------------------------------
     P76

   Workout             Comments
  Strategy


90 + DAYS DELINQUENT
Nothing to report

60 DAYS DELINQUENT
Nothing to report

30 DAYS DELINQUENT
Nothing to report

Current & at Special Servicer
Nothing to report

FCL - Foreclosure
LTM - Latest 12 Months either Last Annual or Trailing 12 months
- -------------------------------------------------------------------
*Workout Strategy should match the CSSA Loan file using
abreviated words in place of a code number such as
(FCL - In Foreclosure, MOD - Modification, DPO - Discount Payoff,
NS - Note Sale, BK - Bankrupcy, PP - Payment Plan,
TBD - To Be Determined etc...)
    It is possible to combine the status codes if the loan is
going in more than one direction.
(i.e. FCL/Mod, BK/Mod, BK/FCL/DPO)
**App - Appraisal, BPO - Broker opinion, Int. - Internal Value
- -------------------------------------------------------------------


Asset Securitization Corporation,
Series 1997-D5  REO Status Report
as of 5/11/98

     S4                  S55                        S61

Prospectus ID      Short Name (When            Property Type
                     Appropriate)
   Nothing to report.

     S57                 S58                      S62 or
                                                    S63
    City                State                 Sq Ft or Units


     P8                   P7                        P37
              (a)                        (b)
  Paid Thru     Scheduled Loan Balance     Total P&I Advances To
    Date                                           Date


     P39                 P38
(c)           (d)                        (e)=a+b+c+d
    Total      Other Advances (Taxes &        Total Exposure
 Expenses To           Escrow)
    Date


     P25                 P11                        P58

   Current          Maturity Date              LTM NOI Date
 Monthly P&I


     P54                                            P74

LTM NOI / DSC      Cap Rate Assign            Valuation Date


                         P75
     (f)                                 (g)=(.92*f)-e
 Value using          Appraisal           Loss using 92% Appr. or
  NOI & Cap             BPO or                    BPO (f)
    Rate           Internal Value**



(h)=(g/e)
  Estimated         Transfer Date           REO Aquisition Date
 Recovery %



   Pending          Pending Offers               Comments
Closing Date


(1) Use the following codes; App. - Appraisal,
BPO - Brokers Opinion, Int - Internal
Value


Asset Securitization Corporation,
Series 1997-D5  Historical Loan
Modification Report as of 5/11/98


     S4                  S57                        S58

Prospectus ID            City                      State
- -------------------------------------------------------------------


     P49                 P48                        P7*

    Mod /            Effect Date           Balance When Sent to
  Extention                                  Speical Servicer
    Flag
- -------------------------------------------------------------------


     P7*                 P50*

 Balance at            Old Rate           # Mths for Rate Change
     the
  Effective
   Date of
Rehabilitation
- -------------------------------------------------------------------


    P50*                 P25*                      P25*

   New Rate            Old P&I                    New P&I
- -------------------------------------------------------------------


    P11*                 P11*

Old Maturity         New Maturity         Total # Mths for Change
                                                  of Mod
- -------------------------------------------------------------------


     P47

(1) Realized   (2) Est. Future Interest           COMMENT
   Loss to      Loss to Trust $ (Rate
   Trust $            Reduction)
- -------------------------------------------------------------------


THIS REPORT IS HISTORICAL
Information is as of modification each line it should not change
 in the future only new modifications should be added.
Nothing to Report

Total For All Loans:

Total For Loans in Current Month:
# of Loans                               $ Balance
Modifications:
Maturity Date Extentions:
Total:


* The information in these columns is from a particular point
in time and should not change on this report once assigned.
(1) Actual principal loss taken by bonds
(2) Expected future loss due to a rate reduction.
 This is just an estimate calculated at the time of the
modification.


Asset Securitization Corporation,
Series 1997-D5  Historical Loss
Estimate Report as of 5/11/98

     S4                  S55                        S61

- -------------------------------------------------------------------
Prospectus ID      Short Name (When            Property Type
                     Appropriate)
- -------------------------------------------------------------------


     S57                 S58                      P45/P7
                                                           (c)=b/a
- -------------------------------------------------------------------
    City                State                        %
                                            Received From Sale
- -------------------------------------------------------------------


     P75
     (a)                                            (b)
- -------------------------------------------------------------------
   Latest        Effect Date of Sale            Sales Price
Appraisal or
   Brokers
   Opinion
- -------------------------------------------------------------------


     P45                  P7                        P37
     (d)                 (e)                        (f)
- -------------------------------------------------------------------
   Net Amt        Scheduled Balance         Total P&I Advanced
  Received
  from Sale
- -------------------------------------------------------------------


   P39+P38
     (g)                 (h)                   (i)=d-(f+g+h)
- -------------------------------------------------------------------
    Total       Servicing Fees Expense         Net Proceeds
  Expenses
- -------------------------------------------------------------------



   (k)=i-e                                          (m)
   Actual       Date Loss Passed thru       Minor Adj to Trust
   Losses
 Passed thru
- -------------------------------------------------------------------



                       (n)=k+m                    (o)=n/e
 Date Minor   Total Loss with Adjustment    Loss % of Scheduled
 Adj Passed                                       Balance
    thru
- -------------------------------------------------------------------


THIS REPORT IS HISTORICAL
All information is from the liquidation date and does not need to
be updated.
Nothing to report

Total all Loans:

Current Month Only:
Nothing to report
- -----------------------------------------

Asset Securitization Corporation,
Series 1997-D5  Watch List
as of 5/11/98


Prospectus ID       Property Type                  City

      1                 Retail               District Heights

     12                 Office                   Fair Lawn

    State      Stated Principal Balance       Paid Thru Date

     MD              $11,919,321                  4/11/98

     NJ               $2,591,349                  4/11/98

Maturity Date             %
                     Current DSCR

  10/11/22               N/A

  10/11/22               N/A

     Comment / Reason on Watch List
Major retail tenant holding approximately 44% of space is
undergoing
reorganization. Tenant is still operating and paying rents.
Borrower
is actively marketing space.

Tenant holding approximately 29% of space vacated 30,767 square
feet. 8,000 square feet of this space (26%) is currently leased
month-
to-month to contiguous tenant. Borrower is actively marketing
space.

List all loans on watch list and reason sorted in decending
balance order.
Nothing to report

Total:                                          $14,510,670





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