IMC HOME EQUITY LOAN OWNER TRUST 1997-6
8-K, 1998-01-13
ASSET-BACKED SECURITIES
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<PAGE>   1
- --------------------------------------------------------------------------------


                       SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C.  20549

                                    Form 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934

                Date of Report (Date of earliest event reported)
                               November 26, 1997

                   IMC Home Equity Loan Owner Trust 1997-6
        ------------------------------------------------------------
           (Exact name of registrant as specified in its charter)


         Delaware                  333-31197-02          Being Applied For
- -----------------------------      ------------         -------------------
(State or Other Jurisdiction)      (Commission           (I.R.S. Employer
      of Incorporation)            File Number)         Identification No.)



c/o Wilmington Trust Company, as Owner Trustee
         1100 North Market Street
           Wilmington, Delaware                               19890
      ------------------------------                      -------------
          (Address of Principal                             (Zip Code)
            Executive Offices)

       Registrant's telephone number, including area code (302) 651-1000
                                                          --------------

                                  No Change
  ------------------------------------------------------------------------
        (Former name or former address, if changed since last report)
<PAGE>   2
ITEM 2.    ACQUISITION OR DISPOSITION OF ASSETS.

           On November 26, 1997, IMC Home Equity Loan Owner Trust 1997-6 (the
"Trust") acquired $131,346,546.92 of Subsequent Home Equity Loans pursuant to
the terms of the Sale and Servicing Agreement dated as of October 1, 1997,
among the Trust, IMC Securities, Inc. (the "Depositor"), IMC Mortgage Company
as Seller and Servicer (the "Seller") and The Chase Manhattan Bank, as
Indenture Trustee and the Subsequent Transfer Agreement, dated November 26,
1997, among the Depositor, the Seller and the Trust, as purchaser. The
Subsequent Home Equity Loans possess the characteristics required by the
Prospectus dated August 18, 1997 and the Prospectus Supplement dated October
17, 1997, filed pursuant to Rule 424(b)(5) of the Act on October 23, 1997. The
Schedule of Subsequent Home Equity Loans is attached to the Subsequent Transfer
Agreement.



<PAGE>   3



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

(a)      Not applicable

(b)      Not applicable

(c)      Exhibits:

         10.1   Subsequent Transfer Agreement dated as of November 26, 1997 
                among IMC Securities, Inc., as Depositor, IMC Mortgage Company,
                as Seller and IMC Home Equity Loan Owner Trust 1997-6 as the 
                Purchaser.
<PAGE>   4
                                   SIGNATURES

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

                                    IMC HOME EQUITY LOAN OWNER TRUST 1997-6

                                    By:  IMC SECURITIES, INC.,
                                         as Depositor

                                    By:    /s/ Thomas Middleton
                                         -------------------------------------
                                         Name:  Thomas Middleton
                                         Title: President and Chief 
                                                Operating Officer


Dated: January 5, 1998

<PAGE>   1
                         SUBSEQUENT TRANSFER AGREEMENT

           IMC Securities, Inc. (the "Depositor"), IMC Mortgage Company (the
"Seller") as Seller, and IMC Home Equity Loan Owner Trust 1997-6, as Purchaser,
pursuant to the Sale and Servicing Agreement dated as of October 1, 1997 among
the Depositor, the Seller, as Seller and Servicer and The Chase Manhattan Bank,
as Indenture Trustee (the "Sale and Servicing Agreement"), hereby confirm their
understanding with respect to the sale by the Seller and the purchase by the
Depositor and the sale by the Depositor and the purchase by the Purchaser of
those Home Equity Loans (the "Subsequent Home Equity Loans") listed on the
attached Schedule of Home Equity Loans.

           Conveyance of Subsequent Home Equity Loans. As of November 26, 1997
(the "Subsequent Transfer Date"), the Seller does hereby irrevocably transfer,
assign, setover and otherwise convey to the Depositor and the Depositor does
hereby irrevocably transfer, assign, set over and otherwise convey to the
Purchaser, without recourse (except as otherwise explicitly provided for
herein) all right, title and interest in and to any and all benefits accruing
from the Subsequent Home Equity Loans (other than any principal received and
interest payments due thereon on or prior to November 1, 1997 whether or not
received) (such date, the "Subsequent Cut-Off Date") which are delivered to the
Custodian on behalf of the Indenture Trustee herewith (and all substitutions
therefor as provided by Sections 2.03, 2.04 and 2.06 of the Sale and Servicing
Agreement), together with the related Subsequent Home Equity Loan documents and
the interest in any Property which secured a Subsequent Home Equity Loan but
which has been acquired by foreclosure or deed in lieu of foreclosure, and all
payments thereon and proceeds of the conversion, voluntary or involuntary, of
the foregoing; and proceeds of all the foregoing (including, but not by way of
limitation, all proceeds of any mortgage insurance, hazard insurance and title
insurance policy relating to the Subsequent Home Equity Loans, cash proceeds,
accounts, accounts receivable, notes, drafts, acceptances, chattel paper,
checks, deposit accounts, rights to payment of any and every kind, and other
forms of obligations and receivables which at any time constitute all or part
of or are included in the proceeds of any of the foregoing). The Depositor
shall deliver the original Mortgage or mortgage assignment with evidence of
recording thereon (except as otherwise provided by the Sale and Servicing
Agreement) and other required documentation in accordance with the terms set
forth in Sections 2.05 and 2.07 of the Sale and Servicing Agreement.

           The costs relating to the delivery of the documents specified in
this Subsequent Transfer Agreement and the Sale and Servicing Agreement shall
be borne by the Depositor.

           The Seller and the Depositor hereby affirms the representations and
warranties set forth in the Sale and Servicing Agreement that relate to each of
them and the Subsequent Home Equity Loans as of the date hereof. The Depositor
hereby delivers notice and confirms that each of the conditions set forth in
Section 2.07(b), 2.07(c) and 2.07(d) to the Sale and Servicing Agreement are
satisfied as of the date hereof.

           Pursuant to Section 2.07(a) of the Sale and Servicing Agreement, the
Depositor hereby instructs the Indenture Trustee to release one-hundred percent
of the aggregate principal balances of the Subsequent Home Equity Loans so
transferred from the Pre-Funding Account, $131,346,546.92 pursuant to this
Subsequent Transfer Agreement.

           All terms and conditions of the Sale and Servicing Agreement are
hereby ratified, confirmed and incorporated herein, provided that in the event
of any conflict the provisions of this Subsequent Transfer Agreement shall
control over the conflicting provisions of the Sale and Servicing Agreement.

<PAGE>   2
           Terms capitalized herein and not defined herein shall have their
respective meanings as set forth in the Sale and Servicing Agreement.


                                   IMC SECURITIES, INC.                     
                                   as Depositor                             
                                                                            

                                   By:    /s/ Thomas G. Middleton 
                                          -----------------------------
                                   Name:  Thomas G. Middleton           
                                          -----------------------------
                                   Title: President                     
                                          -----------------------------

                                                                            
                                   IMC MORTGAGE COMPANY                     
                                   as Seller                                

                                                                            
                                   By:    /s/ Thomas G. Middleton       
                                          -----------------------------
                                   Name:  Thomas G. Middleton           
                                          -----------------------------
                                   Title: President                     
                                          -----------------------------
                                                                            

                                   THE CHASE MANHATTAN BANK,                
                                   as Indenture Trustee for IMC Home Equity 
                                   Loan Owner Trust 1997-6                  
                                                                            

                                   By:    /s/ Ann Marie Jose            
                                          -----------------------------
                                   Name:  Ann Marie Jose                
                                          -----------------------------
                                   Title: Trust Officer                 
                                          -----------------------------

Dated:  November 26, 1997
<PAGE>   3
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
TC6082823         LOFTIS                             1-Family               360             225,000.00        1,871.44
                  3091 MT. KUEBLER DRIVE S.          Owner Occupied          75.00          222,942.75           9.375
                  SALEM, OR 97302                    First                  07/01/2026      300,000.00
- ----------------------------------------------------------------------------------------------------------------------
BD7020045         WHITNEY II                         1-Family               360              56,250.00          600.33
                  7381 BIRCHCREST                    Owner Occupied          75.00           56,130.57          12.500
                  LEXINGTON, MI 48450                First                  03/01/2027       75,000.00
- ----------------------------------------------------------------------------------------------------------------------
TC7022579         NEUSCHWANGER                       1-Family               360              67,500.00          542.63
                  2530 KNOX COURT                    Owner Occupied          74.18           67,234.77           8.990
                  DENVER, CO 80219                   First                  02/01/2027       91,000.00
- ----------------------------------------------------------------------------------------------------------------------
TC7015719         KEESEE                             1-Family               180              54,400.00          466.38
                  ROUTE 1 BOX 68                     Owner Occupied          80.00           54,217.01           9.725
                  PRATTVILLE, AR 72129               First                  04/01/2012       68,000.00
- ----------------------------------------------------------------------------------------------------------------------
CB7040379         EVANS                              1-Family               360              57,675.00          488.68
                  10700 ST. RD. 3                    Owner Occupied          75.00           57,504.48           9.588
                  MUNCIE, IN 47303                   First                  04/25/2027       77,000.00
- ----------------------------------------------------------------------------------------------------------------------
TB7020362         EGGLESTON, III                     1-Family               360             288,150.00        2,331.60
                  2902 WALLACE HITCH DRIVE           Owner Occupied          85.00          286,920.48           9.063
                  MARYVILLE, TN 37801                First                  04/01/2027      380,000.00
- ----------------------------------------------------------------------------------------------------------------------
FB7020741         MILLER                             1-Family               360              75,000.00          608.88
                  4600 MOUNT ZION DRIVE              Owner Occupied          65.22           74,754.62           9.100
                  ENOLA, PA 17025                    First                  05/01/2027      115,000.00
- ----------------------------------------------------------------------------------------------------------------------
FC7046316         CALKINS                            1-Family               360              62,400.00          472.31
                  7176 WEST 5 MILE ROAD              Owner Occupied          80.00           62,160.98           8.330
                  GRAYLING, MI 49738                 First                  05/01/2027       78,000.00
- ----------------------------------------------------------------------------------------------------------------------
FC7046347         SNYDER                             1-Family               360              68,000.00          493.29
                  120 SOUTH MONROE STREET            Owner Occupied          80.00           67,714.82           7.880
                  BLISSFIELD, MI 49228               First                  05/01/2027       85,000.00
- ----------------------------------------------------------------------------------------------------------------------
TB7040369         KING                               1-Family               360              57,000.00          466.37
                  4882 NORTH LANE                    Owner Occupied          79.17           56,847.99           9.188
                  ORLANDO, FL 32808                  First                  06/01/2027       72,000.00
- ----------------------------------------------------------------------------------------------------------------------
TC7043061         WOJCICKI                           1-Family               360             118,800.00        1,007.62
                  8626 BUFFALO                       Owner Occupied          84.26          118,509.29           9.600
                  COMMERCE TOWNSHIP, MI 48382        First                  05/02/2027      141,000.00
- ----------------------------------------------------------------------------------------------------------------------
FC7046350         TROUPE                             1-Family               360             100,000.00          788.85
                  16716 SHAFTSBURY                   Owner Occupied          80.00           99,650.56           8.780
                  DETROIT, MI 48219                  First                  05/01/2027      125,000.00
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
              1       Page Balance:    $1,224,588.32     Generated By: Dmenegus
<PAGE>   4
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate
- ----------------------------------------------------------------------------------------------------------------------
<S>              <C>                                <C>                    <C>             <C>               <C>
FC7055038         CLARK                              1-Family               360              48,000.00          382.09
                  15490 WINTHROP                     Owner Occupied          80.00           47,661.47           8.880
                  DETROIT, MI 48227                  First                  04/01/2027       60,000.00
- ----------------------------------------------------------------------------------------------------------------------
FC7046000         FISCHER                            1-Family               360              81,600.00          823.68
                  1919 PASSOLT                       Owner Occupied          80.00           81,395.66          11.750
                  SAGINAW, MI 48603                  First                  02/19/2027      102,000.00
- ----------------------------------------------------------------------------------------------------------------------
FC7030664         VERBIC                             1-Family               360             129,200.00        1,051.22
                  30310 TWIN LAKES DRIVE             Owner Occupied          85.00          128,707.55           9.125
                  WICKLIFF, OH 44092                 First                  04/01/2027      152,000.00
- ----------------------------------------------------------------------------------------------------------------------
TC7043702         JONES                              1-Family               360              95,235.00          891.72
                  18 HOLLY BROOK ROAD                Owner Occupied          80.00           95,016.80          10.788
                  MAUMELLE, AR 72113                 First                  04/25/2027      125,000.00
- ----------------------------------------------------------------------------------------------------------------------
FC7041040         STARKS                             1-Family               360             110,000.00          948.15
                  2213 STEUBEN AVENUE                Owner Occupied          68.75          109,741.23           9.788
                  OXON HILL, MD 20744                First                  06/01/2027      160,000.00
- ----------------------------------------------------------------------------------------------------------------------
FB7060675         DENBLEYKER                         1-Family               360             156,400.00        1,308.03
                  121 BATES DRIVE                    Owner Occupied          85.00          156,164.33           9.438
                  CHALFONT, PA 18914                 First                  08/01/2027      184,000.00
- ----------------------------------------------------------------------------------------------------------------------
BB7070161         PANTOJA                            1-Family               360              84,000.00          724.78
                  2407 SAND LAKE ROAD                Owner Occupied          70.00           83,882.70           9.800
                  LINDENHURST, IL 60046              First                  07/08/2027      120,000.00
- ----------------------------------------------------------------------------------------------------------------------
BB7070316         BROWN                              1-Family               360              28,400.00          274.76
                  3921 S. COMPTON AVE.               Owner Occupied          80.00           28,370.16          11.200
                  ST. LOUIS, MO 63118                First                  07/03/2027            0.00
- ----------------------------------------------------------------------------------------------------------------------
BD7060529         ARBGAST                            1-Family               360              21,600.00          223.84
                  106 OVERLAND CT                    Owner Occupied          60.00           21,581.70          12.100
                  SHAWNEE, OK 74801                  First                  07/07/2027       36,000.00
- ----------------------------------------------------------------------------------------------------------------------
BD7060681         SHELTON                            1-Family               360              82,400.00          695.87
                  2113 TIMBER DRIVE                  Owner Occupied          80.00           82,278.74           9.550
                  RALEIGH, NC 27604                  First                  07/08/2027      103,000.00
- ----------------------------------------------------------------------------------------------------------------------
BD7070178         THOMEY                             1-Family               360             149,100.00        1,330.55
                  28 W. 540 LEVERENZ                 Owner Occupied          87.19          148,908.78          10.200
                  NAPERVILLE, IL 60564               First                  07/16/2027      171,000.00
- ----------------------------------------------------------------------------------------------------------------------
BD7070635         THOMPSON                           1-Family               360              55,000.00          627.81
                  1105 TERRACE COURT                 Owner Occupied          55.56           54,797.37          13.450
                  RALEIGH, NC 27615                  First                  07/15/2027       99,000.00
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
              2       Page Balance:    $1,038,506.49     Generated By: Dmenegus
<PAGE>   5
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================

<TABLE>

                                                    Property               Org Term         Orig Bal
                                                    Occupancy Type         LTV              Curr Bal          Curr P&I
Loan Number       Name/Address                      Lien Type              Maturity         Appr Amt          Curr Rate
- ----------------------------------------------------------------------------------------------------------------------
<S>              <C>                                <C>                    <C>             <C>               <C>
BD7070789         WORLEY                             1-Family               360              52,000.00          487.37
                  10074 N. SEYMOUR RD.               Owner Occupied          80.00           51,941.37          10.800
                  MONTROSE, MI 48457                 First                  07/10/2027       65,000.00
- ----------------------------------------------------------------------------------------------------------------------
BD7070954         LABENS                             1-Family               360              48,800.00          446.39
                  4585 HILLCREST                     Owner Occupied          57.41           48,741.32          10.500
                  OSCODA, MI 48750                   First                  07/14/2027       85,000.00
- ----------------------------------------------------------------------------------------------------------------------
BD7070959         GUNTER                             1-Family               360              80,800.00          856.08
                  1134 BURLINTON                     Owner Occupied          80.80           80,735.89          12.400
                  FLINT, MI 48503                    First                  07/15/2027      100,000.00
- ----------------------------------------------------------------------------------------------------------------------
BD7070960         WOLOSONOWICH                       1-Family               360              26,400.00          313.85
                  8373 WASHINGTON AVE.               Owner Occupied          58.67           26,385.58          14.050
                  MT. MORRIS, MI 48458               First                  07/15/2027       45,000.00
- ----------------------------------------------------------------------------------------------------------------------
NC7065380         CLAY                               1-Family               360              85,000.00          745.31
                  41 MAPLEWOOD AVENUE                Owner Occupied          85.00           84,769.13           9.990
                  SELDEN, NY 11784                   First                  04/01/2027      100,000.00
- ----------------------------------------------------------------------------------------------------------------------
FC7075103         BOOS                               1-Family               360              80,000.00          609.47
                  225 STATE, ROUTE 60                Owner Occupied          80.00           79,800.02           8.400
                  MAYFIELD, OH 44851                 First                  07/01/2027      100,000.00
- ----------------------------------------------------------------------------------------------------------------------
NB7050069         SWISS                              1-Family               360             119,920.00          981.17
                  79 BECKER AVENUE                   Owner Occupied          80.00          119,665.17           9.188
                  ROCHELLE PARK, NJ 07662            First                  07/01/2027      150,000.00
- ----------------------------------------------------------------------------------------------------------------------
NC7050232         TOLLIVER                           1-Family               360             137,600.00        1,191.10
                  415 FAIRWOOD ROAD                  Owner Occupied          80.00          137,344.84           9.838
                  BETHANY, CT 06524                  First                  07/01/2027      172,000.00
- ----------------------------------------------------------------------------------------------------------------------
NB7060007         DIAZ                               1-Family               360             126,400.00        1,136.25
                  297 GARSIDE STREET                 Owner Occupied          80.00          126,186.45          10.288
                  NEWARK, NJ 07104                   First                  07/01/2027      158,000.00
- ----------------------------------------------------------------------------------------------------------------------
BD7070966         ZESTOS                             1-Family               360              75,000.00          714.24
                  1890 WENONAH LANE                  Owner Occupied          60.00           74,919.04          11.000
                  SAGINAW, MI 48603                  First                  07/16/2027      125,000.00
- ----------------------------------------------------------------------------------------------------------------------
BD7070176         VANDEN TAK                         1-Family               360              50,000.00          586.50
                  963 8TH STREET EAST                Owner Occupied          47.62           49,981.05          13.850
                  HOLLAND, MI 49423                  First                  09/01/2027      105,000.00
- ----------------------------------------------------------------------------------------------------------------------
BD7070487         ROZNOWSKI                          1-Family               360              66,300.00          570.59
                  2115 7TH ST.                       Owner Occupied          85.00           66,206.85           9.770
                  BAY CITY, MI 48708                 First                  07/17/2027       78,000.00
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
              3       Page Balance:      $946,676.71      Generated By: Dmenegus
<PAGE>   6
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7070008         MCLEROY                            1-Family               360              20,000.00          193.49
                  1730 N. GREEN                      Owner Occupied          54.79           19,979.34          11.200
                  WICHITA, KS 67214                  First                  07/14/2027       36,500.00                
- ----------------------------------------------------------------------------------------------------------------------
NB7050079         SCHISLER                           1-Family               360             103,200.00          881.96
                  205 CRANDON WAY                    Owner Occupied          80.00          103,052.44           9.688
                  TOWN OF BRIGHTON, NY 14618         First                  08/01/2027      130,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NB7060120         FREAR                              1-Family               360             152,000.00        1,299.00
                  471 BAKER ROAD                     Owner Occupied          80.00          151,782.70           9.688
                  WEBSTER, NY 14580                  First                  08/01/2027      190,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070642         CHAPMAN                            1-Family               360              47,600.00          462.32
                  314 EAST 22ND STREET SOUTH         Owner Occupied          80.00           47,551.34          11.250
                  NEWTON, IA 50208                   First                  07/21/2027       59,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7071096         PAYTON                             1-Family               360              46,750.00          396.51
                  169 ONEITA ST.                     Owner Occupied          85.00           46,681.93           9.600
                  BATTLE CREEK, MI 49017             First                  07/21/2027       55,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070644         HILER                              1-Family               360             175,000.00        1,535.75
                  1305 W. 275 N.                     Owner Occupied          76.75          174,765.81          10.000
                  ANGOLA, IN 46703                   First                  07/16/2027      228,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070646         WOODARD                            1-Family               360              44,320.00          367.83
                  207 GATEWOOD                       Owner Occupied          66.15           44,251.96           9.350
                  GARNER, NC 27529                   First                  07/22/2027       67,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070019         OWENS                              1-Family               360              34,000.00          297.12
                  3131 MARKET AVE.                   Owner Occupied          73.91           33,954.01           9.950
                  EAST ST. LOUIS, IL 62207           First                  07/21/2027       46,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070798         EINHORN                            1-Family               360              92,000.00          776.94
                  1022 WINSLOW AVENUE                Owner Occupied          78.63           91,838.47           9.550
                  WEST ST. PAUL, MN 55118            First                  07/16/2027      122,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070802         ORENSTEN                           1-Family               360              76,500.00          694.06
                  4147 COLUMBUS AVE S.               Owner Occupied          74.27           76,403.16          10.400
                  MINNEAPOLIS, MN 55407              First                  07/16/2027      103,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7060406         CLEMENS                            1-Family               360              56,000.00          619.47
                  91 S. 10TH AVENUE                  Owner Occupied          74.67           55,961.18          13.000
                  BEECH GROVE, IN 46107              First                  07/03/2027       75,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7055611         JOHNSON                            1-Family               360              77,350.00          608.52
                  28 S 6TH ST                        Owner Occupied          85.00           77,124.19           8.750
                  MIAMISBURG, OH 45342               First                  06/01/2027       91,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
              4       Page Balance:      $923,346.53      Generated By: Dmenegus
<PAGE>   7
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>                 <C>
BB7070657         SULLIVAN                           1-Family               360              30,000.00          343.62
                  4832 S. ELIZABETH                  Owner Occupied          60.00           29,981.05          13.500
                  CHICAGO, IL 60609                  First                  07/28/2027       50,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070199         NORMAN, JR.                        1-Family               360              40,000.00          377.91
                  1310 WALNUT DR.                    Owner Occupied          66.67           39,955.87          10.900
                  ZANESVILLE, OH 43701               First                  07/24/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070354         TODD                               1-Family               360              72,000.00          680.78
                  1269-71 CHEYENNE BLVD.             Owner Occupied          60.00           71,920.74          10.910
                  MADISON, TN 37115                  First                  07/26/2027      120,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7071105         MORSE                              1-Family               360              69,000.00          651.89
                  4464 MIDDLE RD.                    Owner Occupied          75.00           68,829.52          10.900
                  HARBOR SPRINGS, MI 49740           First                  07/24/2027       92,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7075253         TOWNSEND                           1-Family               360              94,400.00          742.65
                  7241 SOUTH EBERHART AVENUE         Owner Occupied          80.00           94,180.35           8.750
                  CHICAGO, IL 60619                  First                  07/01/2027      118,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070806         MELHEIM                            1-Family               360              20,625.00          200.32
                  1121 5TH AVENUE SOUTH              Owner Occupied          75.00           20,603.92          11.250
                  ST JAMES, MN 56081                 First                  07/17/2027       27,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070035         NORTON                             1-Family               360              53,800.00          532.78
                  5388 W. RILEY RD.                  Owner Occupied          64.82           53,747.91          11.500
                  OWOSSO, MI 48867                   First                  07/23/2027       83,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070189         CORNELL, JR.                       1-Family               360              67,500.00          617.45
                  6044 BELMONT AVE. NE               Owner Occupied          71.05           67,418.82          10.500
                  BELMONT, MI 49306                  First                  07/21/2027       95,000.00                
- ----------------------------------------------------------------------------------------------------------------------
TB7060472         TAYLOR                             1-Family               360              56,250.00          460.23
                  5007 KILLARNEY STREET A            Owner Occupied          75.00           56,160.69           9.188
                  FORT PIERCE, FL 34951              First                  08/01/2027       75,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7075638         KLUBEK                             1-Family               360              94,400.00          790.33
                  22 BEVERLY DRIVE                   Owner Occupied          80.00           94,210.05           9.450
                  ANSONIA, CT 06401                  First                  07/01/2027      118,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7075647         MADDOX                             1-Family               360              44,000.00          418.69
                  1604 LINDA WY                      Owner Occupied          80.00           43,936.24          10.990
                  ATLANTA, GA 30310                  First                  07/01/2027       55,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7075664         RAY                                1-Family               360              80,000.00          623.66
                  3024 MORRIS ROAD                   Owner Occupied          80.00           78,874.70           8.650
                  HIRAM, GA 30141                    First                  07/01/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
              5       Page Balance:      $719,819.86      Generated By: Dmenegus
<PAGE>   8
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7070026         SMITH, JR.                         1-Family               360              20,150.00          249.16
                  P. O. BOX 213                      Owner Occupied          65.00           20,140.40          14.650
                  VESTABURG, PA 15368                First                  07/17/2027       31,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070185         NEWBY                              1-Family               360              42,000.00          522.68
                  916 N. 10TH ST.                    Owner Occupied          64.62           41,980.47          14.750
                  NEBRASKA CITY, NE 68410            First                  07/21/2027       65,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070341         MARKEL                             1-Family               360              97,750.00          897.81
                  43751 BURTRIG ROAD                 Owner Occupied          72.41           97,633.72          10.550
                  BELLEVILLE, MI 48111               First                  07/18/2027      135,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070365         HANKERSON BOYLAND                  1-Family               360              35,700.00          296.29
                  1909 BEGOLE                        Owner Occupied          72.12           35,616.26           9.350
                  FLINT, MI 48504                    First                  07/28/2027       49,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070658         YOUNG                              1-Family               360              26,250.00          247.01
                  4615 MONTGALL                      Owner Occupied          75.00           26,220.74          10.850
                  KANSAS CITY, MO 64130              First                  07/28/2027       35,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070805         MARTINEZ                           1-Family               360             100,800.00          877.90
                  344 WEST 12TH STREET               Owner Occupied          90.00          100,538.36           9.910
                  SILVER CITY, NM 88061              First                  07/18/2027      112,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7071110         LAWARY                             1-Family               360              56,250.00          529.32
                  830 N. 78TH ST.                    Owner Occupied          75.00           56,187.26          10.850
                  EAST ST. LOUIS, IL 62203           First                  07/28/2027       75,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7070667         HIGGINS                            1-Family               360             101,250.00        1,135.88
                  10303 HILLTOP DRIVE                Owner Occupied          75.00          101,182.88          13.200
                  ORLAND PARK, IL 60462              First                  07/30/2027      135,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070216         CLARK                              1-Family               360              76,500.00          657.25
                  905 NOME AVENUE                    Owner Occupied          85.00           76,386.50           9.750
                  AKRON, OH 44320                    First                  07/30/2027       90,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070343         GULLIVER                           1-Family               360              36,000.00          398.23
                  1402 HANCOCK ST.                   Owner Occupied          75.00           35,975.04          13.000
                  SAGINAW, MI 48602                  First                  07/23/2027       48,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070344         GRADY                              1-Family               360              75,000.00          794.63
                  2994 EUCLID HEIGHTS BLVD.          Owner Occupied          55.56           74,940.50          12.400
                  CLEVELAND HEIGHTS, OH 44118        First                  07/21/2027      135,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070347         WHITE                              1-Family               360              50,400.00          479.97
                  17135 MURRAY HILL                  Owner Occupied          74.67           50,345.60          11.000
                  DETROIT, MI 48235                  First                  07/22/2027       67,500.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
              6       Page Balance:      $717,147.73      Generated By: Dmenegus
<PAGE>   9
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7070350         PAJESTKA                           1-Family               360             310,000.00        2,438.77
                  4845 VALLEYBROOK DRIVE             Owner Occupied          74.70          309,461.04           8.750
                  BRECKSVILLE, OH 44141              First                  07/22/2027      415,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070355         NITON                              1-Family               360              66,000.00          618.58
                  741 E. 266TH STREET                Owner Occupied          74.16           65,924.75          10.800
                  EUCLID, OH 44132                   First                  07/22/2027       89,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070498         SMITH                              1-Family               360              59,500.00          539.83
                  154 SOUTH SPRUCE STREET            Owner Occupied          74.38           59,426.89          10.400
                  WHITWELL, TN 37397                 First                  07/30/2027       80,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070329         REID                               1-Family               360              42,000.00          384.50
                  7414 QUEENS HIGHWAY                Owner Occupied          75.00           41,949.61          10.510
                  CHASE, MI 49623                    First                  07/18/2027       56,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070340         MARTIN                             1-Family               360              23,250.00          232.02
                  279 CATAWBA                        Owner Occupied          46.50           23,227.98          11.600
                  MUSKEGON, MI 49442                 First                  07/17/2027       50,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070489         HIGNITE                            1-Family               360              96,000.00          950.68
                  15 LAKE SHORE DR                   Owner Occupied          73.85           95,907.08          11.500
                  HOPE, MI 48628                     First                  07/21/2027      130,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070654         THOMPSON                           1-Family               360              45,000.00          489.01
                  3402 E. 7TH STREET                 Owner Occupied          75.00           44,967.00          12.750
                  DES MOINES, IA 50316               First                  07/24/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070968         GRIFFITH                           1-Family               360              64,000.00          561.17
                  1975 S. WISE                       Owner Occupied          80.00           63,914.18           9.990
                  MT. PLEASANT, MI 48858             First                  07/18/2027       80,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070988         THURAU                             1-Family               360              38,000.00          330.67
                  2019 S. BELSAY ROAD                Owner Occupied          63.33           37,948.07           9.900
                  BURTON, MI 48519                   First                  07/31/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070989         SWIFT, JR.                         1-Family               360              50,150.00          403.52
                  1803 UNION AVENUE                  Owner Occupied          83.58           50,067.20           9.000
                  SAGINAW, MI 48602                  First                  07/31/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070991         LALONDE                            1-Family               360              44,500.00          471.48
                  569 JANET STREET                   Owner Occupied          44.50           44,464.69          12.400
                  EAST TAWAS, MI 48730               First                  07/31/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070992         CRAWFORD                           1-Family               360              48,275.00          418.31
                  5806 HOWARD STREET                 Owner Occupied          39.90           48,189.63           9.850
                  DEFORD, MI 48729                   First                  07/31/2027      121,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
              7       Page Balance:      $885,448.12     Generated By: Dmenegus
<PAGE>   10
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
FB7070294         MEANOR                             1-Family               360              75,200.00          574.93
                  1430 WILLOW LANE                   Owner Occupied          80.00           75,060.58           8.438
                  IMPERIAL, PA 15126                 First                  08/01/2027       94,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7075654         MERCADO                            1-Family               360              56,000.00          532.88
                  42 WILLIAMS STREET                 Owner Occupied          70.00           55,939.41          10.990
                  NEW LONDON, CT 06320               First                  08/01/2027       80,000.00                
- ----------------------------------------------------------------------------------------------------------------------
MC7070313         Manning                            1-Family               360              99,000.00          942.05
                  68 PINEBROOK AVENUE                Owner Occupied          68.28           98,892.90          10.990
                  LAKEVIEW, NY 11552                 First                  08/01/2027      145,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7070214         SCOTT                              1-Family               360             166,800.00        1,384.33
                  1359 N. CARDINGTON                 Owner Occupied          80.00          165,532.25           9.350
                  WICHITA, KS 67212                  First                  07/30/2027      208,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7070217         WALLACE                            1-Family               360              32,000.00          310.80
                  7202 STRANAHAN STREET              Owner Occupied          80.00           31,978.30          11.250
                  PITTSBURGH, PA 15206               First                  08/14/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7070348         DOLSEY                             1-Family               360              45,000.00          452.51
                  21170 WEST HAMPTON                 Owner Occupied          60.00           44,958.32          11.700
                  OAK PARK, MI 48237                 First                  07/23/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7070659         SCHOB                              1-Family               360             112,800.00          981.58
                  67 KATHLEEN DRIVE                  Owner Occupied          80.00          112,598.22           9.900
                  MCKEES ROCKS, PA 15136             First                  07/28/2027      141,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7070674         MORALES                            1-Family               360             105,500.00          864.10
                  2142 N. MULLIGAN AVE.              Owner Occupied          79.32          105,389.04           9.200
                  CHICAGO, IL 60639                  First                  08/04/2027      133,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7070675         KOTANSKY                           1-Family               360              85,000.00          680.87
                  101 W. CHURCH STREET               Owner Occupied          58.22           84,605.82           8.950
                  WAUCONDA, IL 60084                 First                  08/04/2027      146,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7070995         HOWARD                             1-Family               360              51,000.00          514.80
                  706 SIBLEY STREET                  Owner Occupied          60.00           50,948.91          11.750
                  BAY CITY, MI 48706                 First                  08/04/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7070047         KEERAN                             1-Family               360              36,000.00          309.30
                  37350 SWISHER RD.                  Owner Occupied          80.00           35,964.86           9.750
                  WINDSOR, MO 65360                  First                  08/04/2027       45,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7070678         HARRIS                             1-Family               360             126,400.00        1,300.17
                  1344 N. AUSTIN BOULEVARD           Owner Occupied          80.00          126,327.30          12.000
                  OAK PARK, IL 60302                 First                  08/05/2027      158,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
              8       Page Balance:      $988,195.91      Generated By: Dmenegus
<PAGE>   11
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7070983         SEARS                              1-Family               360             129,000.00        1,302.14
                  5065 HWY 64 NE                     Owner Occupied          73.71          128,881.81          11.750
                  GEORGETOWN, IN 47122               First                  07/30/2027      175,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7071121         LAGO                               1-Family               360              48,000.00          435.49
                  321 FRASER ST.                     Owner Occupied          78.69           47,941.02          10.400
                  BAY CITY, MI 48708                 First                  07/31/2027       61,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7045891         VETTER                             1-Family               360             403,750.00        3,424.45
                  1211 ASQUITHPINES PLACE            Owner Occupied          85.00          402,559.72           9.600
                  ARNOLD, MD 21012                   First                  05/01/2027      475,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7075740         CUMBERWORTH                        1-Family               360              64,000.00          542.83
                  17120 SOUTHPORT DRIVE              Owner Occupied          80.00           63,906.76           9.600
                  HOLLY, MI 48422                    First                  08/01/2027       80,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7075763         PECK                               1-Family               360             149,000.00        1,145.69
                  3142 PATTON                        Owner Occupied          79.68          148,727.26           8.500
                  TRENTON, MI 48183                  First                  08/01/2027      187,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070048         FOSTER                             1-Family               360              47,025.00          474.67
                  972 SE HIGHWAY BB                  Owner Occupied          75.00           46,996.42          11.750
                  DEEPWATER, MO 64735                First                  08/04/2027       62,700.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070049         CAPLES, JR.                        1-Family               360              19,350.00          182.81
                  3869 FAIRFIELD ST.                 Owner Occupied          45.00           19,335.84          10.900
                  RAVENNA, OH 44266                  First                  08/04/2027       43,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070204         RUPP                               1-Family               360              30,000.00          316.69
                  1476 VALLEY RD.                    Owner Occupied          60.00           29,975.94          12.350
                  MARYSVILLE, PA 17053               First                  07/23/2027       50,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070503         OCH                                1-Family               360              32,250.00          354.23
                  215 WILBUR ST                      Owner Occupied          84.87           32,111.76          12.900
                  PITTSBURGH, PA 15210               First                  07/31/2027       38,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070512         WISHMAN, SR.                       1-Family               360              57,750.00          528.26
                  2720 E. 39TH ST                    Owner Occupied          75.00           57,703.90          10.500
                  DES MOINES, IA 50317               First                  08/04/2027       77,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7071120         HORTON, JR.                        1-Family               360              40,950.00          433.87
                  RD 1 BOX 636                       Owner Occupied          70.00           40,917.51          12.400
                  RUFFSDALE, PA 15679                First                  07/31/2027       58,500.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7075424         JOHNSON                            1-Family               360              73,000.00          640.09
                  430 WEST PERSHING STREET           Owner Occupied          66.36           72,900.26           9.990
                  STILLMAN, IL 61084                 First                  08/01/2027      110,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
              9       Page Balance:    $1,091,958.20      Generated By: Dmenegus
<PAGE>   12
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>                 <C>
BD7070366         STEPHENS                           1-Family               360              56,550.00          564.33
                  5366 N. MICHIGAN ROAD              Owner Occupied          70.69           56,424.42          11.600
                  DIMONDALE, MI 48821                First                  08/01/2027       80,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070369         HELSEL                             1-Family               360              32,000.00          347.74
                  4840 W. PHELPS RD.                 Owner Occupied          45.71           31,870.34          12.750
                  LAKE CITY, MI 49651                First                  07/31/2027       70,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070381         WELLINGTON                         1-Family               360              30,000.00          302.82
                  1226 SUMMIT                        Owner Occupied          66.67           29,972.52          11.750
                  KALAMAZOO, MI 49006                First                  08/01/2027       45,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7080633         KOVICH                             1-Family               360              51,000.00          530.49
                  15 E. 137TH STREET                 Owner Occupied          85.00           50,971.63          12.150
                  RIVERDALE, IL 60627                First                  08/07/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070031         DANIEL                             1-Family               360              45,600.00          352.24
                  4034 E. 70TH ST.                   Owner Occupied          80.00           45,517.40           8.550
                  KANSAS CITY, MO 64132              First                  07/22/2027       57,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070050         LYNCH                              1-Family               360              76,500.00          671.34
                  1467 BROOKSIDE DR.                 Owner Occupied          85.00           76,432.04          10.000
                  HIGH RIDGE, MO 63049               First                  08/05/2027       90,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070051         QUINN                              1-Family               360              56,000.00          529.07
                  413 BOLAND DRIVE                   Owner Occupied          80.00           55,959.01          10.900
                  CRESSON, PA 16630                  First                  08/05/2027       70,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070213         KOON                               1-Family               360              65,600.00          590.28
                  1115 ALLISON AVENUE                Owner Occupied          36.04           65,517.66          10.300
                  LORAIN, OH 44052                   First                  07/29/2027      182,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070218         HILLIS                             1-Family               360              70,000.00          580.95
                  10139 MINYOUNG ROAD                Owner Occupied          73.68           69,892.57           9.350
                  RAVENNA, OH 44266                  First                  07/30/2027       95,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070223         WAGNER                             1-Family               360             105,000.00          902.11
                  3581 ROYALTON RD.                  Owner Occupied          84.00          104,901.64           9.750
                  NORTH ROYALTON, OH 44133           First                  08/04/2027      125,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070379         BEATTY                             1-Family               360              50,000.00          429.58
                  245 ROBERTSON                      Owner Occupied          71.43           49,758.06           9.750
                  BATTLE CREEK, MI 49017             First                  07/30/2027       70,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070383         DAVID                              1-Family               360              33,600.00          316.18
                  1452 HOYT STREET                   Owner Occupied          60.00           33,554.78          10.850
                  MUSKEGON, MI 49442                 First                  08/01/2027       56,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             10       Page Balance:      $670,772.07      Generated By: Dmenegus
<PAGE>   13
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7070385         MARK                               1-Family               360              37,600.00          353.82
                  210 FRANKLIN                       Owner Occupied          65.96           37,572.17          10.850
                  BAY CITY, MI 48708                 First                  08/04/2027       57,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070510         DUREK                              1-Family               360              24,800.00          274.34
                  2622 EDDY                          Owner Occupied          70.86           24,788.60          13.000
                  SAGINAW, MI 48602                  First                  08/04/2027       35,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070814         JAMMER                             1-Family               360              57,400.00          557.50
                  145 N. ELEVEN MILE RD              Owner Occupied          70.00           57,341.33          11.250
                  LINWOOD, MI 48634                  First                  07/28/2027       82,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7071107         BALCZAK                            1-Family               360              75,650.00          649.95
                  3451 FULLER                        Owner Occupied          85.00           75,492.80           9.750
                  GRAND RAPIDS, MI 49505             First                  07/25/2027       89,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7060009         LEE                                1-Family               360              95,200.00        1,037.41
                  10011 WEST 70TH TERRACE            Owner Occupied          85.00           94,942.34          12.788
                  MERRIAM, KS 66203                  First                  07/01/2027      112,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7080166         HAMILTON, SR.                      1-Family               360             175,000.00        1,666.57
                  1501 E. BAILEY ROAD                Owner Occupied          70.00          174,874.62          11.000
                  NAPERVILLE, IL 60565               First                  08/08/2027      250,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070181         DILLARD                            1-Family               360              38,500.00          451.61
                  7030 RED ARROW HWY                 Owner Occupied          53.47           38,429.59          13.850
                  COLOMA, MI 49038                   First                  07/18/2027       72,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070336         KING                               1-Family               360              62,400.00          529.25
                  3427 N. MICHIGAN AVE.              Owner Occupied          73.41           62,309.13           9.600
                  SAGINAW, MI 48604                  First                  07/17/2027       85,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070351         SHAW                               1-Family               360             201,500.00        2,088.18
                  209 SHERIDAN                       Owner Occupied          67.17          201,384.81          12.100
                  ROSCOMMON, MI 48653                First                  08/05/2027      300,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070393         VANDENBERGE                        1-Family               360              79,000.00          587.96
                  3095 WILFRED N.E.                  Owner Occupied          72.81           78,872.69           8.150
                  GRAND RAPIDS, MI 49505             First                  08/06/2027      108,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080625         RODRIGUEZ                          1-Family               360             144,000.00        1,312.92
                  2641 W. RICE STREET                Owner Occupied          80.00          143,884.06          10.460
                  CHICAGO, IL 60622                  First                  08/06/2027      180,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080635         SHERMAN                            1-Family               360             175,950.00        1,492.34
                  318 N. LINCOLNWAY                  Owner Occupied          85.00          175,779.84           9.600
                  NORTH AURORA, IL 60542             First                  08/11/2027      207,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             11       Page Balance:    $1,165,671.98      Generated By: Dmenegus
<PAGE>   14
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
NC7075038         BURKE                              1-Family               360             203,850.00        2,159.80
                  69 LAWRENCE HILL ROAD              Owner Occupied          90.00          203,633.27          12.400
                  HUNTINTON, NY 11743                First                  06/24/2027      226,500.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7075048         ATTILIO                            1-Family               360             198,000.00        1,571.83
                  527 FARnham                        Owner Occupied          90.00          197,161.37           8.850
                  LODI, NJ 07644                     First                  06/23/2027      225,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070361         MITCHELL                           1-Family               360              39,200.00          344.01
                  1734 WOOD STREET                   Owner Occupied          71.27           39,141.50          10.000
                  MUSKEGON, MI 49442                 First                  08/01/2027       55,000.00                
- ----------------------------------------------------------------------------------------------------------------------
TB7070181         CLEMENS                            1-Family               360              42,000.00          343.64
                  1330 CANTERBURY LANE               Owner Occupied          80.00           41,933.31           9.188
                  ROCKLEDGE, FL 32955                First                  08/01/2027       63,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7080168         HAZLETT                            1-Family               360              34,000.00          291.11
                  144 GARDEN ST.                     Owner Occupied          85.00           33,967.89           9.710
                  MARION, OH 43302                   First                  08/11/2027       40,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7080636         BLAKE                              1-Family               360              56,000.00          597.66
                  126 SOUTH 18TH AVENUE              Owner Occupied          65.88           55,971.19          12.500
                  MAYWOOD, IL 60153                  First                  08/12/2027       85,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070364         GRIM                               1-Family               360              67,500.00          627.56
                  1978 E. BURT                       Owner Occupied          67.50           67,417.31          10.700
                  BURT, MI 48417                     First                  07/25/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070392         LATSCH                             1-Family               360              46,200.00          426.07
                  143 STRONG                         Owner Occupied          73.92           46,163.90          10.600
                  MUSKEGON, MI 49441                 First                  08/05/2027       62,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070671         HOLLEN                             1-Family               360              30,400.00          261.18
                  603 N. TENTH STREET                Owner Occupied          76.00           30,356.28           9.750
                  BELLWOOD, PA 16617                 First                  07/31/2027       40,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7060814         EMMERT                             1-Family               360              89,250.00          730.24
                  4389 GRAND-LIN                     Owner Occupied          85.00           89,108.28           9.188
                  SWARTZ CREEK, MI 48473             First                  08/01/2027      105,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7085010         MEHALKO                            1-Family               360              55,900.00          445.77
                  4638 23RD STREET                   Owner Occupied          65.76           55,805.54           8.900
                  WYANDOTTE, MI 48195                First                  08/01/2027       85,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7080640         LOVE                               1-Family               360              47,928.00          533.93
                  8217 S. EAST END                   Owner Occupied          60.00           47,906.45          13.100
                  CHICAGO, IL 60617                  First                  08/13/2027       79,880.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             12       Page Balance:      $908,566.29      Generated By: Dmenegus
<PAGE>   15
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7070986         RUH                                1-Family               360              64,000.00          653.39
                  354 W. BURR OAK STREET             Owner Occupied          80.00           63,943.27          11.900
                  CENTERVILLE, MI 49032              First                  07/31/2027       80,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7071122         ALDRIDGE                           1-Family               360              85,000.00          793.46
                  3030 LENOX RD.                     Owner Occupied          33.46           84,935.71          10.750
                  ATLANTA, GA 30324                  First                  08/04/2027      254,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080161         KILBOURNE                          1-Family               360              60,000.00          607.95
                  19722 TRACEY                       Owner Occupied          80.00           59,963.92          11.800
                  DETROIT, MI 48235                  First                  08/11/2027       75,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080024         ROACH                              1-Family               360              35,100.00          422.85
                  1922 SPRATT                        Owner Occupied          65.00           35,087.85          14.250
                  ST. JOSEPH, MO 64507               First                  08/13/2027       54,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080169         TROLLI                             1-Family               360             165,000.00        1,274.56
                  7199 SOUTH MEADOW                  Owner Occupied          71.74          164,801.43           8.550
                  PAINESVILLE, OH 44077              First                  08/11/2027      230,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080313         VALDEZ                             1-Family               360              55,000.00          517.55
                  3720 BURKHART                      Owner Occupied          70.51           54,959.30          10.850
                  JACKSON, MI 49201                  First                  08/06/2027       78,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080315         TESNOVICH                          1-Family               360              56,250.00          550.61
                  539 N. SILVER ROAD                 Owner Occupied          75.00           56,112.34          11.350
                  BAD AXE, MI 48413                  First                  08/06/2027       75,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080629         MOORE                              1-Family               360              53,500.00          453.77
                  224 N. WEBSTER                     Owner Occupied          66.88           53,448.25           9.600
                  JACKSON, MI 49202                  First                  08/07/2027       80,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7080648         POE                                1-Family               360              54,000.00          535.17
                  5220 SOUTH LOWE                    Owner Occupied          90.00           53,965.39          11.510
                  CHICAGO, IL 60621                  First                  08/18/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080002         PENCE                              1-Family               360              22,750.00          269.56
                  1617 2ND AVE.                      Owner Occupied          65.00           22,741.67          14.000
                  ALTOONA, PA 16602                  First                  08/14/2027       35,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080021         DISHON                             1-Family               360              51,000.00          482.22
                  1601 OLIVE                         Owner Occupied          85.00           50,962.75          10.910
                  ST. JOSEPH, MO 64503               First                  08/13/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080170         FARMER                             1-Family               360              60,000.00          663.72
                  5416 JACKSON                       Owner Occupied          75.95           59,834.84          13.000
                  DEARBORN HEIGHTS, MI 48125         First                  08/12/2027       79,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             13       Page Balance:      $760,756.72      Generated By: Dmenegus
<PAGE>   16
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7080172         SLYWKA                             1-Family               360              98,800.00          937.16
                  68401 HILL STREET                  Owner Occupied          80.00           98,728.46          10.950
                  STURGIS, MI 49091                  First                  08/13/2027      123,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080177         HOERATH                            1-Family               360              83,150.00          897.11
                  7750 TIMBER TRAILS                 Owner Occupied          57.54           83,108.64          12.650
                  DITTMER, MO 63023                  First                  08/14/2027      144,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080324         WHITE                              1-Family               360              43,000.00          320.03
                  2037 MCILWRAITH ST.                Owner Occupied          74.78           42,943.83           8.150
                  MUSKEGON HEIGHTS, MI 49444         First                  08/13/2027       57,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080340         WALKER                             1-Family               360              30,000.00          297.09
                  1322 HOTOP AVENUE                  Owner Occupied          56.60           29,980.73          11.500
                  KALAMAZOO, MI 49001                First                  08/18/2027       53,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081107         WILSON                             1-Family               360              43,200.00          377.52
                  308 BLEND ST.                      Owner Occupied          80.00           43,161.20           9.950
                  BAY CITY, MI 48706                 First                  08/14/2027       54,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NB7070095         BELL                               1-Family               360             199,750.00        1,817.94
                  43-45 EDGERTON STREET              Owner Occupied          85.00          199,588.40          10.438
                  ROCHESTER, NY 14607                First                  09/01/2027      235,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7080632         HOLLINGSHEAD                       1-Family               360              88,000.00          845.37
                  5659 S. KEELER                     Owner Occupied          80.00           87,937.81          11.110
                  CHICAGO, IL 60629                  First                  08/11/2027      110,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7080649         SCRUGGS, JR.                       1-Family               360              81,900.00          811.67
                  7657 S. DANTE AVENUE               Owner Occupied          90.00           81,847.53          11.510
                  CHICAGO, IL 60619                  First                  08/20/2027       91,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7080651         CARWELL                            1-Family               360              68,000.00          616.94
                  5001 W. BLOOMINGDALE               Owner Occupied          85.00           67,734.75          10.400
                  CHICAGO, IL 60639-4544             First                  08/20/2027       80,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070339         COWAN                              1-Family               360              48,750.00          486.49
                  307 CASS                           Owner Occupied          65.00           48,703.83          11.600
                  JACKSON, MI 49201                  First                  07/16/2027       75,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070349         WHEELER                            1-Family               360              75,000.00          748.45
                  5921 LICKTON PIKE                  Owner Occupied          75.00           74,928.96          11.600
                  GOODLETTSVILLE, TN 37072           First                  07/22/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070382         BOETTGER                           1-Family               360              26,100.00          275.52
                  3450 LAY ROAD                      Owner Occupied          52.20           26,086.11          12.350
                  ALPENA, MI 49707                   First                  08/04/2027       50,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             14       Page Balance:      $884,750.25      Generated By: Dmenegus
<PAGE>   17
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>                 <C>
BD7070816         OQUIST                             1-Family               360              73,500.00          699.40
                  3232 EDGEWOOD AVENUE SOUTH         Owner Occupied          75.00           73,447.24          10.990
                  ST LOUIS PARK, MN 55426            First                  08/05/2027       98,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070817         MORPHEW                            1-Family               360              70,000.00          768.87
                  319 COLUMBINE ROAD                 Owner Occupied          41.18           69,967.08          12.900
                  PALMER LAKE, CO 80133              First                  08/05/2027      170,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070818         MUHVICH                            1-Family               360              38,000.00          401.14
                  212 EAST WHITE STREET              Owner Occupied          74.51           37,979.78          12.350
                  ELY, MN 55731                      First                  08/06/2027       51,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080018         BAYER                              1-Family               360              33,750.00          330.37
                  RURAL ROUTE 7 BOX 151              Owner Occupied          75.00           33,727.59          11.350
                  MT. VERNON, IL 62864               First                  08/12/2027       45,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080020         MCINTYRE                           1-Family               360              48,750.00          473.49
                  509 BURNS ST.                      Owner Occupied          75.00           48,716.93          11.250
                  VANDERGRIFT, PA 15690              First                  08/13/2027       65,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080032         BANKS                              1-Family               360              28,000.00          343.99
                  2106 E. 11TH ST.                   Owner Occupied          41.18           27,990.97          14.550
                  KANSAS CITY, MO 64127              First                  08/18/2027       68,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080334         ZALSMAN                            1-Family               360              69,900.00          700.22
                  522 3RD. ST.                       Owner Occupied          73.58           69,856.57          11.650
                  FERRYSBURG, MI 49409               First                  08/13/2027       95,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080336         MCINERNEY                          1-Family               360              31,875.00          299.95
                  1406 ESSEX STREET                  Owner Occupied          56.92           31,851.40          10.850
                  ESSEXVILLE, MI 48732               First                  08/13/2027       56,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080475         FORMAN                             1-Family               360              60,200.00          497.43
                  4634 QUEEN STREET                  Owner Occupied          60.20           60,031.61           9.300
                  UBLY, MI 48475                     First                  08/12/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080493         LINDQUIST                          1-Family               360             104,300.00          850.50
                  302 LAKE RD                        Owner Occupied          70.00          104,189.16           9.150
                  BEACH MOUNTAIN, NC 28604           First                  08/19/2027      149,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080494         GAY                                1-Family               360              57,522.00          539.12
                  3926 AZALEAN DR                    Owner Occupied          86.50           57,478.97          10.800
                  CHATTANOOGA, TN 37415              First                  08/18/2027       66,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080639         RANDELL                            1-Family               360              86,400.00          922.11
                  6446 S. WINCHESTER AVE.            Owner Occupied          80.00           86,354.65          12.500
                  CHICAGO, IL 60636                  First                  08/13/2027      108,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             15       Page Balance:      $701,591.95      Generated By: Dmenegus
<PAGE>   18
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7080787         HOWARTH                            1-Family               360             118,000.00          945.21
                  13591 SHANNON DRIVE                Owner Occupied          75.40          117,869.26           8.950
                  SOMERSET, MI 49223                 First                  08/11/2027      156,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080788         HAWKINSON                          1-Family               360             108,000.00        1,110.07
                  3712 47TH AVENUE SOUTH             Owner Occupied          80.00          107,937.75          11.990
                  MINNEAPOLIS, MN 55406              First                  08/11/2027      135,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081095         SCHINALL                           1-Family               360              67,200.00          614.70
                  1961 SKYVIEW CIRCLE                Owner Occupied          80.00           67,146.37          10.500
                  DOUGLASVILLE, GA 30057             First                  08/13/2027       84,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081109         BLOCK                              1-Family               360              52,000.00          550.94
                  9621 BELMONT                       Owner Occupied          80.00           51,972.64          12.400
                  KANSAS CITY, MO 64134              First                  08/18/2027       65,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FB7071118         LYON                               1-Family               360             133,920.00        1,023.86
                  1112 PETITE COURT                  Owner Occupied          80.00          133,755.06           8.438
                  WILMINGTON, NC 28412               First                  09/01/2027      168,500.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7060150         GEORGE                             1-Family               360              72,250.00          660.26
                  1047 LASALLE STREET                Owner Occupied          83.05           72,162.86          10.488
                  WATERFORD, MI 48328                First                  08/01/2027       87,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7080643         RUMP                               1-Family               360              44,850.00          506.67
                  2951 MADISON AVE.                  Owner Occupied          65.00           44,830.73          13.300
                  COVINGTON, KY 41015                First                  08/14/2027       69,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7080645         JOHNSON                            1-Family               360              44,250.00          491.22
                  381 SOUTH BURGESS AVENUE           Owner Occupied          75.00           44,229.89          13.050
                  COLUMBUS, OH 43204                 First                  08/14/2027       59,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7080656         PORTER                             1-Family               360              61,600.00          626.52
                  10010 S. ST. LAWRENCE              Owner Occupied          80.00           61,563.38          11.850
                  CHICAGO, IL 60628                  First                  08/25/2027       77,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070212         BESEY                              1-Family               360              52,000.00          554.97
                  427 COLFAX STREET                  Owner Occupied          80.00           51,973.23          12.500
                  CADILLAC, MI 49601                 First                  09/01/2027       65,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070360         TILLOTSON                          1-Family               360             156,000.00        1,381.71
                  1103 OLD HICKORY                   Owner Occupied          69.33          155,558.48          10.110
                  EAST LANSING, MI 48823             First                  07/23/2027      225,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070372         MCDONALD                           1-Family               360              41,600.00          416.73
                  501 AVERY STREET                   Owner Occupied          55.47           41,561.04          11.650
                  ALPENA, MI 49707                   First                  07/29/2027       75,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             16       Page Balance:      $950,560.69      Generated By: Dmenegus
<PAGE>   19
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>                 <C>
BD7070478         HOLLON                             1-Family               360              42,075.00          386.45
                  669 IRVIN RD.                      Owner Occupied          88.58           42,024.94          10.550
                  CLAY CITY, KY 40312                First                  07/14/2027       47,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070490         FIELD                              1-Family               360              39,900.00          410.11
                  2321 BROADWAY STREET               Owner Occupied          70.00           39,855.44          11.990
                  BAY CITY, MI 48708                 First                  07/18/2027       85,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070666         HARDY                              1-Family               360              67,000.00          587.48
                  4331 W. STEVENSON LAKE ROAD        Owner Occupied          67.00           66,910.15           9.990
                  LAKE, MI 48632                     First                  08/01/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7071106         LEE                                1-Family               360              30,000.00          239.23
                  1918 ROSELAWN DR.                  Owner Occupied          75.00           29,949.44           8.900
                  FLINT, MI 48504                    First                  07/25/2027       40,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080008         BAKER                              1-Family               360              18,700.00          228.99
                  1209 DARLINGTON RD                 Owner Occupied          55.00           18,693.90          14.500
                  WAMPUM, PA 16157                   First                  08/06/2027       34,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080038         BELL                               1-Family               360              40,000.00          365.90
                  4700 NEWBERRY TERRACE              Owner Occupied          80.00           39,968.06          10.500
                  ST. LOUIS, MO 63113                First                  08/20/2027       50,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080171         BOWENS                             1-Family               360              33,000.00          389.70
                  6117 OLD TOWN                      Owner Occupied          60.00           32,987.78          13.950
                  DETROIT, MI 48224                  First                  08/13/2027       55,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080173         PEARSON                            1-Family               360              60,500.00          484.62
                  2383O CONDON                       Owner Occupied          86.43           60,432.97           8.950
                  OAK PARK, MI 48237                 First                  08/13/2027       70,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080174         CSAGE                              1-Family               360              76,000.00          652.96
                  1613 4TH STREET                    Owner Occupied          84.92           75,928.79           9.750
                  JACKSON, MI 49203                  First                  08/13/2027       89,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080175         BROWN                              1-Family               360              68,250.00          723.11
                  628 GIBBS ROAD                     Owner Occupied          75.00           68,214.10          12.400
                  ASHLAND CITY, TN 37015             First                  08/13/2027       91,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080176         WRIGHT                             1-Family               360              59,200.00          608.94
                  277 ROGERS DRIVE                   Owner Occupied          80.00           59,163.82          12.000
                  MUNCHESTER, TN 37355               First                  08/18/2027       74,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080178         HICKERSON                          1-Family               360              46,400.00          463.04
                  321 LONGVIEW STREET                Owner Occupied          80.00           46,368.91          11.600
                  MIDLAND, MI 48642                  First                  08/14/2027       58,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             17       Page Balance:      $580,498.30      Generated By: Dmenegus
<PAGE>   20
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7080179         HILL                               1-Family               360              39,100.00          350.38
                  12718 BENWOOD AVENUE               Owner Occupied          78.20           39,067.06          10.250
                  CLEVELAND, OH 44105                First                  08/15/2027       50,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080180         NICHOLS                            1-Family               360              79,100.00          810.59
                  2506 N. WILLIAMS LAKE RD.          Owner Occupied          71.91           79,054.00          11.950
                  WATERFORD, MI 48327                First                  08/18/2027      110,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080182         AKERS                              1-Family               360              72,000.00          718.51
                  731 TROTTER                        Owner Occupied          72.00           71,954.76          11.600
                  BEREA, OH 44017                    First                  08/19/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080183         JUBELL                             1-Family               360             170,000.00        1,441.87
                  83 NEW HUDSON ROAD                 Owner Occupied          77.27          169,645.67           9.600
                  AURORA, OH 44202                   First                  08/18/2027      220,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080184         JOLLEY                             1-Family               360              40,000.00          331.97
                  3576 W. 66TH STREET                Owner Occupied          40.00           39,898.77           9.350
                  CLEVELAND, OH 44108                First                  08/19/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080185         MUHAMMAD                           1-Family               360              48,000.00          393.15
                  6217 BLUEHILL STREET               Owner Occupied          80.00           47,949.51           9.200
                  DETROIT, MI 48224                  First                  08/20/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080190         WATSON                             1-Family               360              78,100.00          776.40
                  G-6037 WEST COURT STREET           Owner Occupied          72.31           78,050.38          11.550
                  FLINT, MI 48504                    First                  08/21/2027      108,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080330         GOUGH                              1-Family               360              64,000.00          547.51
                  1169 PASSOLT                       Owner Occupied          64.00           63,939.40           9.700
                  SAGINAW, MI 48603                  First                  08/13/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080337         TIPPER                             1-Family               360              32,250.00          332.97
                  1505 JACKSON                       Owner Occupied          75.00           32,231.65          12.050
                  HARRISON, MI 48625                 First                  08/14/2027       43,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080342         MONTES                             1-Family               360              62,000.00          588.10
                  340 W. 20TH                        Owner Occupied          72.94           61,955.10          10.950
                  HOLLAND, MI 49423                  First                  08/18/2027       85,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080356         JOHNSON                            1-Family               360              59,200.00          482.74
                  216 DEVONSHIRE                     Owner Occupied          74.00           59,093.49           9.150
                  PRUDENVILLE, MI 48651              First                  08/20/2027       80,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080471         WICK                               1-Family               360              80,000.00          702.06
                  1720 NW 81ST                       Owner Occupied          80.00           79,671.98          10.000
                  CLIVE, IA 50325                    First                  08/06/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             18       Page Balance:      $822,511.77      Generated By: Dmenegus
<PAGE>   21
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>                 <C>
BD7080481         GONZALEZ                           1-Family               360              90,000.00          816.54
                  494 WOODLAND DRIVE                 Owner Occupied          79.65           89,926.60          10.400
                  HOLLAND, MI 49424                  First                  08/13/2027      113,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080488         HALLMAN                            1-Family               360              48,000.00          437.28
                  1111 RAY AVE                       Owner Occupied          80.00           47,961.27          10.450
                  SANFORD, NC 27330                  First                  08/18/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080491         JOHNSON                            1-Family               360              44,800.00          435.13
                  307 SW DAVIS AVE                   Owner Occupied          80.00           44,769.59          11.250
                  DES MOINES, IA 50315               First                  08/18/2027       56,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080497         JOHNSON                            1-Family               360              33,600.00          288.68
                  328 N 8TH ST                       Owner Occupied          68.57           33,568.51           9.750
                  FORT DODGE, IA 50501               First                  08/20/2027       49,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080644         NORRIS                             1-Family               360              25,000.00          297.21
                  9670 S. OGLESBY AVENUE             Owner Occupied          51.02           24,990.95          14.050
                  CHICAGO, IL 60617                  First                  08/14/2027       49,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080646         CRAVEN                             1-Family               360              41,250.00          362.00
                  303 BATES STREET                   Owner Occupied          75.00           41,213.35          10.000
                  JACKSON, MI 49202                  First                  08/14/2027       55,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080781         MURPHY                             1-Family               360              69,300.00          712.83
                  1539 63 RD STREET                  Owner Occupied          60.26           69,260.14          12.000
                  SUMMERSET, WI 54025                First                  08/06/2027      115,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080789         GROMASKI, JR.                      1-Family               360              29,400.00          311.49
                  3910 DIXON LANE                    Owner Occupied          49.00           29,384.54          12.400
                  BAY CITY, MI 48706                 First                  08/14/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080790         COSBY                              1-Family               360              36,800.00          296.10
                  19171 ROGGE ST.                    Owner Occupied          80.00           36,757.84           9.000
                  DETROIT, MI 48234                  First                  08/13/2027       46,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080791         HILTS                              1-Family               360              53,000.00          524.85
                  4051 W. CLENDENING                 Owner Occupied          63.86           52,965.97          11.500
                  GLADWIN, MI 48624                  First                  08/11/2027       83,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080796         KRUESEL                            1-Family               360              58,500.00          568.19
                  215 NORTH SAKATAH STREET           Owner Occupied          80.14           58,460.31          11.250
                  WATERVILLE, MN 56096               First                  08/13/2027       73,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081112         DISHMON JR                         1-Family               360              42,250.00          525.79
                  4658 FOWLER ST.                    Owner Occupied          65.00           42,236.98          14.750
                  ACWORTH, GA 30101                  First                  08/19/2027       65,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             19       Page Balance:      $571,496.05      Generated By: Dmenegus
<PAGE>   22
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================

<TABLE>
<CAPTION>
                                                     Property               Org Term         Orig Bal
                                                     Occupancy Type         LTV              Curr Bal        Curr P&I
Loan Number       Name/Address                       Lien Type              Maturity         Appr Amt        Curr Rate
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7081114         BLOCKTON                           1-Family               360              46,000.00          525.08
                  31 DREXEL                          Owner Occupied          64.79           45,980.90          13.450
                  CAHOKIA, IL 62206                  First                  08/20/2027       71,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081116         VARNEY                             1-Family               360             100,000.00        1,040.17
                  RT. 1 BOX 18                       Owner Occupied          90.50           99,944.38          12.150
                  WILLIAMSON, WV 25661               First                  08/21/2027      110,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085003         KEMP                               1-Family               360              50,000.00          457.37
                  5666 ALVIN ROAD                    Owner Occupied          72.46           49,960.09          10.500
                  OSCODA, MI 48750                   First                  08/20/2027       69,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FB7050040         DAVISSON                           1-Family               360             180,000.00        1,472.74
                  2017 HAMDRICK DR                   Owner Occupied          80.00          179,810.20           9.188
                  RALEIGH, NC 27513                  First                  09/01/2027      226,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070513         PATTERSON                          1-Family               360              58,400.00          551.75
                  8500 CLARK ST                      Owner Occupied          80.00           58,210.31          10.900
                  CLIVE, IA 50325                    First                  08/05/2027       73,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070661         BECHTOLD                           1-Family               360              87,700.00          953.03
                  960 COLUMBIA                       Owner Occupied          78.30           87,635.67          12.750
                  ALGONAC, MI 48001                  First                  07/28/2027      112,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080003         PURI                               1-Family               360             100,000.00          941.01
                  1432 HUDSON LANDING                Owner Occupied          68.26           99,925.98          10.850
                  ST. CHARLES, MO 63303              First                  08/06/2027      146,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080013         DONAHOE                            1-Family               360              36,000.00          293.56
                  9022 WILSON ROAD                   Owner Occupied          80.00           35,961.73           9.150
                  INDEPENDENCE, MO 64053             First                  08/11/2027       45,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080017         KEARNEY                            1-Family               360              20,000.00          231.45
                  5426 KENSINGTON                    Owner Occupied          45.45           19,992.06          13.650
                  KANSAS CITY, MO 64130              First                  08/11/2027       44,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080042         HILLIS                             1-Family               360              31,500.00          359.57
                  2120 OHIO                          Owner Occupied          68.48           31,486.91          13.450
                  GRANITE CITY, IL 62040             First                  08/25/2027       46,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080046         LOWE                               1-Family               360              60,000.00          587.32
                  6342 LUCILLE AVE.                  Owner Occupied          80.00           59,960.17          11.350
                  ST. LOUIS, MO 63136                First                  08/25/2027       75,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080320         JONES                              1-Family               360              32,250.00          301.05
                  105 HANOVER STREET                 Owner Occupied          71.67           32,225.61          10.750
                  HANOVER, MI 49241                  First                  08/07/2027       45,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             20       Page Balance:      $801,094.01      Generated By: Dmenegus
<PAGE>   23
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>                 <C>
BD7080333         VAUGHN                             1-Family               360              42,000.00          407.93
                  221 E. KINGMAN AVE.                Owner Occupied          70.00           41,954.28          11.250
                  BATTLE CREEK, MI 49014             First                  08/13/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080364         RAYMOND                            1-Family               360              43,200.00          391.94
                  1676 WOOD ST.                      Owner Occupied          72.00           43,164.71          10.400
                  MUSKEGON, MI 49442                 First                  08/25/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080483         WALKER                             1-Family               360              70,000.00          624.67
                  2177 COUNTY ROAD 750               Owner Occupied          70.00           69,940.41          10.200
                  CALHOUN, TN 37309                  First                  08/14/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080496         WATSON                             1-Family               360              45,000.00          454.23
                  306 N UNION                        Owner Occupied          75.00           44,971.89          11.750
                  MADRID, IA 50156                   First                  08/19/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080499         THIES                              1-Family               360              38,400.00          348.39
                  715 MAIN                           Owner Occupied          72.45           38,265.02          10.400
                  IOWA FALLS, IA 50126               First                  08/21/2027       53,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080655         CARLSON                            1-Family               360              24,700.00          297.56
                  2890 MARY STREET                   Owner Occupied          65.00           24,686.54          14.250
                  OMAHA, NE 68112                    First                  08/25/2027       38,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080806         WHEELER, JR.                       1-Family               360             102,850.00          921.64
                  1736 BEDFORD CIRCLE                Owner Occupied          85.00          102,643.97          10.250
                  FT. COLLINS, CO 80526              First                  08/20/2027      121,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080807         WIRRICK                            1-Family               360              70,400.00          643.98
                  975 S. AIRPORT                     Owner Occupied          80.00           70,343.80          10.500
                  SAGINAW, MI 48601                  First                  08/21/2027       88,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080948         WRIGHT                             1-Family               360              51,000.00          453.22
                  242 STEEDLY DRIVE                  Owner Occupied          85.00           50,956.13          10.150
                  LOUISVILLE, KY 40214               First                  08/15/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081096         POPE                               1-Family               360              15,000.00          195.68
                  1516 1ST AVE.                      Owner Occupied          32.97           14,996.12          15.500
                  CHARLESTON, WV 25312               First                  08/06/2027       45,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081099         MULLINAX                           1-Family               360              92,800.00          873.25
                  2081 BOAR TUSK RD.                 Owner Occupied          80.00           92,731.33          10.850
                  CONYERS, GA 30207                  First                  08/12/2027      116,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081102         JETT                               1-Family               360              25,000.00          281.44
                  1812 MERCERVILLE RD.               Owner Occupied          39.68           24,989.14          13.250
                  CROWN CITY, OH 45623               First                  08/13/2027       63,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             21       Page Balance:      $619,643.34      Generated By: Dmenegus
<PAGE>   24
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7081119         CRAWFORD                           1-Family               360             110,500.00        1,123.87
                  1304 PICKFORD CT.                  Owner Occupied          85.00          110,434.31          11.850
                  CHARLESTON, WV 25314-              First                  08/21/2027      130,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085002         LYNCH                              1-Family               360              30,000.00          291.38
                  491 S. KNIGHT ROAD                 Owner Occupied          66.67           29,979.65          11.250
                  MUNGER, MI 48747                   First                  08/25/2027       45,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085004         EDGINGTON                          1-Family               360              60,000.00          491.43
                  3700 S. DEERFIELD AVENUE           Owner Occupied          80.00           59,936.90           9.200
                  LANSING, MI 48911                  First                  08/21/2027       75,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085006         WHITEMAN                           1-Family               360              77,600.00          822.18
                  431 DALTON ROAD                    Owner Occupied          82.55           77,559.17          12.400
                  JACKSON, MI 49201                  First                  08/21/2027       94,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080358         BAKER                              1-Family               360              17,500.00          169.97
                  258 NATIONAL N.W.                  Owner Occupied          50.00           17,426.83          11.250
                  GRAND RAPIDS, MI 49504             First                  08/21/2027       35,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080652         TAYLOR                             1-Family               360              49,000.00          444.56
                  723 RIVER ROAD                     Owner Occupied          72.06           48,959.16          10.400
                  MARSHALL, MI 49068                 First                  08/25/2027       68,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080654         TERRY                              1-Family               360              79,200.00          929.02
                  2987 CLEARCREEK ROAD               Owner Occupied          63.36           79,169.99          13.850
                  LANCASTER, OH 43130                First                  08/25/2027      125,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081127         INMAN                              1-Family               360              32,000.00          339.04
                  3010 OLIVE STREET                  Owner Occupied          80.00           31,983.17          12.400
                  ST. JOSEPH, MO 64507               First                  08/27/2027       40,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085001         PAYNE                              1-Family               360             103,500.00          923.62
                  #8 STROUD DRIVE                    Owner Occupied          90.00          103,411.89          10.200
                  MORRILTON, AR 72110                First                  08/19/2027      115,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085007         CARMAN, JR.                        1-Family               360              59,500.00          522.16
                  17527 S. STEEL ROAD                Owner Occupied          72.65           59,447.12          10.000
                  HENDERSON, MI 48841                First                  08/21/2027       81,900.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085012         SMITH                              1-Family               360              56,000.00          560.98
                  10300 DOVER DRIVE                  Owner Occupied          78.32           55,965.21          11.650
                  YUKON, OK 73099                    First                  08/26/2027       71,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085018         COLE                               1-Family               360              24,370.00          202.25
                  1871 PARISH ROAD                   Owner Occupied          32.49           24,145.17           9.350
                  KAWKAWLIN, MI 48631                First                  08/28/2027       75,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             22       Page Balance:      $698,418.57      Generated By: Dmenegus
<PAGE>   25
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD785009          LYLES                              1-Family               360              65,450.00          603.60
                  7409 KENSINGTON ROAD               Owner Occupied          85.00           65,398.86          10.600
                  LANESVILLE, IN 47136               First                  08/25/2027       77,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7085414         RYNNE                              1-Family               360             112,500.00          824.71
                  43 CARNATION                       Owner Occupied          75.00          112,109.65           7.990
                  DYER, IN 46311                     First                  06/02/2027      150,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FB7080377         SMITH                              1-Family               360             123,200.00        1,043.86
                  413 LANSDOWNE ROAD                 Owner Occupied          80.00          122,959.42           9.588
                  WILMINGTON, NC 28409               First                  09/01/2027      156,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070227         FELTON                             1-Family               360             112,000.00          978.74
                  3391 FLINT RIVER ROAD              Owner Occupied          70.00          111,899.44           9.950
                  COLUMBIAVILLE, MI 48421            First                  08/05/2027      160,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070496         DRAKE                              1-Family               360             165,750.00        1,370.80
                  2431 S. TROOST AVE                 Owner Occupied          85.00          165,370.82           9.310
                  TULSA, OK 74114-2729               First                  08/05/2027      195,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080187         ROFF                               1-Family               360              80,000.00          789.18
                  55 NORTH RIDGE                     Owner Occupied          72.73           79,963.33          11.450
                  PORT SANILAC, MI 48469             First                  09/05/2027      110,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080188         HARRIS                             1-Family               360              48,750.00          473.49
                  1840 UNION S.E.                    Owner Occupied          75.00           48,716.93          11.250
                  GRAND RAPIDS, MI 49507             First                  08/20/2027       65,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080192         EASTMAN                            1-Family               360              48,000.00          439.07
                  906 E. FLORENCE                    Owner Occupied          78.69           47,961.69          10.500
                  BAY CITY, MI 48706                 First                  08/21/2027       61,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080478         PAYNE                              1-Family               360              46,400.00          484.43
                  724 ANTHONY DRIVE                  Owner Occupied          77.33           46,374.47          12.200
                  BELEN, NM 87002-3304               First                  08/13/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080818         ALLEN                              1-Family               360              41,250.00          405.35
                  2915 SCHOFIELD                     Owner Occupied          75.00           41,222.93          11.400
                  INDIANAPOLIS, IN 46218             First                  08/28/2027       55,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081124         CLIFTON                            1-Family               360              75,000.00          644.37
                  4055 WILLOW RIDGE RD.              Owner Occupied          75.00           74,816.19           9.750
                  DOUGLASVILLE, GA 30135             First                  08/27/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080196         WILLIAMS                           1-Family               360              26,250.00          254.96
                  1806 MONDAMIN AVE.                 Owner Occupied          75.00           26,232.14          11.250
                  DES MOINES, IA 50314               First                  08/25/2027       35,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             23       Page Balance:      $943,025.87      Generated By: Dmenegus
<PAGE>   26
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7080199         HAMBLEN                            1-Family               360              50,000.00          442.86
                  323 OVERLOOK DR.                   Owner Occupied          80.00           49,956.60          10.110
                  WHITWELL, TN 37397                 First                  08/25/2027       62,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080370         DONBROSKY                          1-Family               360              45,600.00          400.17
                  1522 BEARD STREET                  Owner Occupied          70.15           45,559.49          10.000
                  PORT HURON, MI 48060               First                  08/27/2027       65,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080376         CRUICKSHANK                        1-Family               360              75,600.00          711.40
                  2636 TUBBS ROAD                    Owner Occupied          72.00           75,544.05          10.850
                  APPLEGATE, MI 48401                First                  08/28/2027      105,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080814         LADWIG                             1-Family               360             278,000.00        2,218.87
                  166 INDEPENDENCE CIRCLE            Owner Occupied          78.87          277,689.41           8.910
                  BRECKENRIDGE, CO 80424             First                  08/27/2027      352,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080816         BRAUN                              1-Family               360              30,000.00          329.52
                  1214 W. SALINE DEPOT STREET        Owner Occupied          75.00           29,985.88          12.900
                  CENTER POINT, IN 47840             First                  08/27/2027       40,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081111         WHITEHAIR                          1-Family               360              42,400.00          424.74
                  ROUTE 5 BOX 692-C                  Owner Occupied          74.39           42,373.66          11.650
                  CLARKSBURG, WV 26301               First                  08/29/2027       57,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081118         ELDRIDGE                           1-Family               360              65,600.00          595.17
                  8708 DEPOT DR.                     Owner Occupied          80.00           65,546.49          10.400
                  INDIANAPOLIS, IN 46217             First                  08/26/2027       82,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085010         PUTNAM                             1-Family               360              33,200.00          342.78
                  5324 RIDGE ROAD                    Owner Occupied          80.00           33,066.09          12.050
                  ALGER, MI 48610                    First                  08/26/2027       41,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085021         WELCH                              1-Family               360              74,715.00          652.92
                  41450 MCKINLEY                     Owner Occupied          83.02           74,647.90           9.950
                  BELLEVIEW, MI 48111                First                  08/28/2027       90,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080059         TAYLOR, JR.                        1-Family               360              15,000.00          186.67
                  4341 INDIANA                       Owner Occupied          50.00           14,997.71          14.750
                  KANSAS CITY, MO 64130              First                  09/04/2027       30,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080223         STACY                              1-Family               360              57,000.00          525.67
                  22 FRYER BRIDGE                    Owner Occupied          75.00           56,977.83          10.600
                  SOIGOHACHIA, AR 72156              First                  09/04/2027       76,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080398         LEE                                1-Family               360              15,000.00          177.14
                  1252 KINGS HIGHWAY                 Owner Occupied          50.00           14,996.38          13.950
                  KALAMAZOO, MI 49001                First                  09/04/2027       30,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             24       Page Balance:      $781,341.49      Generated By: Dmenegus
<PAGE>   27
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7080663         HICKS                              1-Family               360              11,000.00          129.03
                  383 HANNA ROAD                     Owner Occupied          55.00           10,995.83          13.850
                  MANSFIELD, OH 44906                First                  08/28/2027       20,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080664         SANCHEZ                            1-Family               360              48,000.00          408.87
                  7009 SHANNON STREET                Owner Occupied          91.43           47,977.13           9.650
                  PINE BLUFF, AR 71603               First                  09/02/2027       52,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080667         ROCKETT                            1-Family               360              21,000.00          197.61
                  2209 MARKET AVE.                   Owner Occupied          70.00           20,992.27          10.850
                  EAST ST LOUIS, IL 62207            First                  09/02/2027       30,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081140         WARREN                             1-Family               360              41,250.00          437.05
                  307 N. 7TH ST.                     Owner Occupied          75.00           41,239.20          12.400
                  MURRAY, KY 42071                   First                  09/03/2027       55,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081144         STEWART                            1-Family               360              25,000.00          300.18
                  810 ST. MONICA                     Owner Occupied          46.30           24,995.65          14.200
                  CAHOKIA, IL 62206                  First                  09/04/2027       54,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085031         POWELL                             1-Family               360              32,050.00          293.17
                  910 N. WENONA                      Owner Occupied          58.27           32,030.44          10.500
                  BAY CITY, MI 48706                 First                  09/04/2027       55,000.00                
- ----------------------------------------------------------------------------------------------------------------------
MD7080029         Lingard                            1-Family               360             108,750.00          687.37
                  10-12 MILL STREET                  Owner Occupied          99.77          108,552.85           6.500
                  WARREN, RI 02885                   First                  09/01/2027      110,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7080669         HEDGE                              1-Family               360              12,600.00          152.79
                  153 CLARK STREET                   Owner Occupied          60.00           12,597.89          14.350
                  NEW STRAITSVILLE, OH 43766         First                  09/04/2027       21,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7080675         MCGEE-DOBBINS                      1-Family               360             121,500.00        1,204.13
                  1716 N. LUNA                       Owner Occupied          90.00          121,461.26          11.510
                  CHICAGO, IL 60639                  First                  09/04/2027      135,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7090625         PHIPPS                             1-Family               360              97,500.00          946.98
                  4448 W. WEST END                   Owner Occupied          79.92           97,467.08          11.250
                  CHICAGO, IL 60624                  First                  09/08/2027      122,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080221         DECORPO                            1-Family               360              46,000.00          467.86
                  18473 MUMFORD ROAD                 Owner Occupied          54.12           45,986.39          11.850
                  TROY, OH 44231                     First                  09/03/2027       85,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080226         HARBILAS                           1-Family               360              60,000.00          621.79
                  468 RUPLEY RD.                     Owner Occupied          37.97           59,983.21          12.100
                  CAMP HILL, PA 17011                First                  09/05/2027      158,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             25       Page Balance:      $624,279.20      Generated By: Dmenegus
<PAGE>   28
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7080387         CRANE                              1-Family               360             140,600.00        1,334.72
                  4645 SKELTON ROAD                  Owner Occupied          70.30          140,549.43          10.960
                  COLUMBIAVILLE, MI 48421            First                  09/03/2027      200,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080390         BAREFIELD                          1-Family               360              21,000.00          184.29
                  2205 SHERIDAN                      Owner Occupied          75.00           20,990.00          10.000
                  SAGINAW, MI 48601                  First                  09/04/2027       28,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080392         SPANGLER, SR.                      1-Family               360              30,000.00          262.16
                  150 PINETREE LANE                  Owner Occupied          50.00           29,986.59           9.950
                  LAWTON, MI 49065                   First                  09/04/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080396         JENKINS                            1-Family               360              31,500.00          285.79
                  1220 BARCLAY                       Owner Occupied          70.00           31,487.21          10.400
                  KALAMAZOO, MI 49004                First                  09/04/2027       45,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080500         KARBER                             1-Family               360              30,000.00          317.85
                  476 PUMPKIN CENTER CIRCLE          Owner Occupied          75.00           29,992.15          12.400
                  QUITMAN, AR 72131                  First                  09/02/2027       40,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080505         PICK                               1-Family               360              96,800.00          969.70
                  2080 ROUNDTABLE ROAD               Owner Occupied          80.00           96,739.77          11.650
                  SERGEANT BLUFF, IA 51054           First                  09/03/2027      121,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080506         LEEPER                             1-Family               360              30,480.00          349.12
                  336 S. SECOND ST                   Owner Occupied          60.00           30,473.78          13.500
                  CHAMBERSBURG, PA 17201             First                  09/03/2027       50,800.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080512         SALINE                             1-Family               360              18,000.00          174.83
                  58901 66TH STREET                  Owner Occupied          60.00           17,993.75          11.250
                  HARTFORD, MI 49057                 First                  09/05/2027       30,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080674         HOWARD                             1-Family               360              42,000.00          492.66
                  360 ALGONQUIN ST.                  Owner Occupied          64.62           41,984.75          13.850
                  BATTLE CREEK, MI 49017             First                  09/04/2027       65,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085017         AMARO                              1-Family               360              44,000.00          402.81
                  620 CLINTON STREET                 Owner Occupied          60.69           43,964.77          10.510
                  MARSHALL, MI 49068                 First                  08/28/2027       72,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085023         BOWER, JR.                         1-Family               360              42,700.00          374.72
                  214 S. LAKESIDE DRIVE              Owner Occupied          70.00           42,662.07          10.000
                  MICHIGAN CENTER, MI 49254          First                  08/28/2027       61,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085028         ELLIS, JR.                         1-Family               360             106,125.00        1,178.10
                  1905 NORWICH CIRCLE                Owner Occupied          75.00          106,101.01          13.050
                  YUKON, OK 73099                    First                  09/03/2027      141,500.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             26       Page Balance:      $632,925.28      Generated By: Dmenegus
<PAGE>   29
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>                 <C>
BD7090002         DAVIS-WRIGHT                       1-Family               360              25,500.00          219.08
                  5523 BEACON AVE.                   Owner Occupied          85.00           25,438.11           9.750
                  ST. LOUIS, MO 63120                First                  09/08/2027       30,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090313         PRPICH                             1-Family               360              85,000.00          809.47
                  44030 S. STREET                    Owner Occupied          73.91           84,969.70          11.000
                  PAW PAW, MI 49709                  First                  09/08/2027      115,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090469         BROOKS                             1-Family               360              47,600.00          500.64
                  3300 S. E. 5TH                     Owner Occupied          70.52           47,587.26          12.300
                  DES MOINES, IA 50315               First                  09/08/2027       67,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090781         SHEPHERD                           1-Family               360              32,000.00          301.12
                  520 W. REMMINGTON                  Owner Occupied          65.31           31,988.21          10.850
                  SAGINAW, MI 48602                  First                  09/04/2027       49,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090784         BANKS                              1-Family               360              27,200.00          270.40
                  137 SHERMAN AVENUE                 Owner Occupied          80.00           27,191.40          11.550
                  VANDERGRIFT, PA 15690              First                  09/05/2027       34,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FB7080883         JANYSSEK                           1-Family               360              79,000.00          634.97
                  3502 PLANTATION ROAD               Owner Occupied          79.40           78,956.74           8.988
                  MOREHEAD CITY, NC 28557            First                  10/01/2027       99,500.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7080322         BLANKENSHIP                        1-Family               360              75,650.00          725.01
                  28486 GREENVIEW STREET             Owner Occupied          85.00           75,596.74          11.080
                  ROMULUS, MI 48194                  First                  09/01/2027       89,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080204         BURNS                              1-Family               360              39,200.00          336.79
                  RD. #2 BOX 393A                    Owner Occupied          80.00           39,163.27           9.750
                  DUBOIS, PA 15801                   First                  08/27/2027       49,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080218         SMITH                              1-Family               360              51,000.00          428.84
                  10522 MASSIE AVENUE                Owner Occupied          37.78           50,949.62           9.500
                  CLEVELAND, OH 44108                First                  08/29/2027      135,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080224         ADGATE                             1-Family               360              72,000.00          740.60
                  704 WEST MAIN                      Owner Occupied          80.00           71,979.40          12.000
                  MIDDLEVILLE, MI 49333              First                  09/04/2027       90,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080832         HUFFMAN                            1-Family               360              36,600.00          366.64
                  1350  N. 12TH STREET               Owner Occupied          60.00           36,588.69          11.650
                  TERRE HAUTE, IN 47807              First                  09/08/2027       61,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090160         MCQUADE                            1-Family               360              37,500.00          466.68
                  R.R. 2 BOX 244A                    Owner Occupied          50.00           37,494.26          14.750
                  MCCONNELLSBURG, PA 17233           First                  09/08/2027       75,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             27       Page Balance:      $607,903.40     Generated By: Dmenegus
<PAGE>   30
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7090471         JOHNSON                            1-Family               360              24,850.00          213.50
                  2022 3RD AVE S.                    Owner Occupied          70.00           24,838.41           9.750
                  FORT DODGE, IA 50501               First                  09/09/2027       35,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7091095         KARWOSKI                           1-Family               360              64,000.00          604.66
                  136 MT. PLEASANT BLVD.             Owner Occupied          80.00           63,976.67          10.900
                  IRWIN, PA 15642                    First                  09/05/2027       80,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7086012         CARD                               1-Family               360             130,475.00        1,049.83
                  2725 EDGEBROOK CIRCLE              Owner Occupied          85.00          130,331.93           9.000
                  MATTHEWS, NC 28105                 First                  09/01/2027      153,500.00                
- ----------------------------------------------------------------------------------------------------------------------
MC7080466         TANBERG                            1-Family               360              44,000.00          406.34
                  509 NORTH DEWEY                    Owner Occupied          93.62           44,016.88          11.200
                  EAU CLAIRE, WI 54703               First                  07/01/2027       47,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070027         MONTGOMERY                         1-Family               360              45,600.00          430.82
                  430 E. 28TH ST.                    Owner Occupied          80.00           45,549.69          10.900
                  ERIE, PA 16504                     First                  07/17/2027       57,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070037         SOWELL                             1-Family               360              45,000.00          406.59
                  2715 LOCUST                        Owner Occupied          76.27           44,943.30          10.350
                  ST. JOSEPH, MO 64507               First                  07/23/2027       59,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070187         CALHOUN                            1-Family               360              76,500.00          665.70
                  8346 S. HERMITAGE AVE.             Owner Occupied          85.00           76,395.42           9.900
                  CHICAGO, IL 60620                  First                  07/22/2027       90,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070191         BATTLE                             1-Family               360              37,000.00          359.37
                  3651 COACHLIGHT COMMONS            Owner Occupied          61.67           36,974.90          11.250
                  LANSING, MI 48911                  First                  09/01/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070335         REED                               1-Family               360              30,000.00          329.52
                  209 N. BEDELIA ST.                 Owner Occupied          75.00           29,978.22          12.900
                  SCOTTSVILLE, KY 42164              First                  07/16/2027       40,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070474         DAVIDSON                           1-Family               360              48,000.00          423.01
                  211 WEST ST                        Owner Occupied          72.73           47,936.44          10.050
                  LAINGSBURG, MI 48848               First                  07/09/2027       66,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070486         AUCOIN                             1-Family               360              15,000.00          149.12
                  307 W OHIO ST                      Owner Occupied          23.81           14,985.63          11.550
                  ROCKVILLE, IN 47872                First                  07/16/2027       63,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070638         HALL                               1-Family               360              66,500.00          608.30
                  3018 SOURWOOD ROAD                 Owner Occupied          57.33           66,420.03          10.500
                  GREENSBORO, NC 27408               First                  07/16/2027      116,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             28       Page Balance:      $626,347.52     Generated By: Dmenegus
<PAGE>   31
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7070650         GILBERT                            1-Family               360              44,000.00          444.14
                  36 N. LEHIGH AVE.                  Owner Occupied          80.00           43,958.82          11.750
                  FRACKVILLE, PA 17931               First                  07/24/2027       55,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070942         WILLIAMSON                         1-Family               360             168,400.00        1,732.18
                  1901 COLCHESTER ROAD               Owner Occupied          84.20          168,254.01          12.000
                  FLINT, MI 48503                    First                  07/08/2027      200,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070972         DOBBS                              1-Family               360              54,000.00          567.95
                  4781 S. AUSABLE DR.                Owner Occupied          30.86           53,956.20          12.300
                  LUPTON, MI 48635                   First                  07/24/2027      175,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070982         BLAYLOCK                           1-Family               360              23,625.00          250.31
                  101 S. TAYLOR                      Owner Occupied          75.00           23,606.26          12.400
                  WYNNEWOOD, OK 73098                First                  07/30/2027       31,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080048         BIER                               1-Family               360              16,800.00          199.06
                  R. D. #1 BOX 214                   Owner Occupied          60.00           16,796.94          14.000
                  BOLIVAR, PA 15923                  First                  09/02/2027       28,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080049         POLLARD                            1-Family               360              32,900.00          320.79
                  3606 PARK                          Owner Occupied          70.00           32,889.02          11.300
                  KANSAS CITY, MO 64128              First                  09/02/2027       47,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080050         ROSS                               1-Family               360              27,200.00          233.69
                  7202 WABASH                        Owner Occupied          80.00           27,187.31           9.750
                  KANSAS CITY, MO 64132              First                  09/02/2027       34,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080200         ANGELOFF                           1-Family               360              96,000.00          768.99
                  3007 FAIR OAKS DRIVE               Owner Occupied          80.00           95,947.01           8.950
                  NORTON, OH 44203                   First                  10/01/2027      120,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080214         BLOEDE                             1-Family               360             117,000.00        1,106.27
                  1711 TOWNSHIP RD. 1714             Owner Occupied          90.00          116,914.53          10.910
                  ASHLAND, OH 44805                  First                  08/28/2027      130,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080219         CASE                               1-Family               360              45,000.00          504.83
                  507 MAGNOLIA AVE.                  Owner Occupied          75.00           44,990.17          13.200
                  SOUTH PITTSBURG, TN 37380          First                  09/02/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080343         WARD                               1-Family               360              33,800.00          385.82
                  306 SUMMIT AVE.                    Owner Occupied          60.36           33,785.96          13.450
                  JACKSON, MI 49201                  First                  08/19/2027       56,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080355         KUSHION, JR.                       1-Family               360              60,000.00          513.29
                  2393 S. FORDNEY ROAD               Owner Occupied          75.00           59,942.48           9.700
                  HEMLOCK, MI 48626                  First                  08/20/2027       80,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             29       Page Balance:      $718,228.71      Generated By: Dmenegus
<PAGE>   32
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7080657         WLODEK                             1-Family               360             199,750.00        1,716.16
                  6 S. 160 CAPE ROAD                 Owner Occupied          85.00          199,562.86           9.750
                  NAPERVILLE, IL 60540               First                  08/26/2027      235,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080659         SMITH                              1-Family               360              72,250.00          661.44
                  723 SYCAMORE STREET                Owner Occupied          85.00           72,188.86          10.510
                  OTTAWA, IL 61350                   First                  08/27/2027       85,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080666         SANFORD                            1-Family               360              25,000.00          257.15
                  3 VASSAR CIRCLE                    Owner Occupied          50.00           24,992.85          12.000
                  LITTLE ROCK, AR 72204              First                  09/02/2027       50,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080672         CLARK                              1-Family               360             122,400.00        1,119.64
                  2418 W. 119TH ST.                  Owner Occupied          80.00          122,351.36          10.500
                  CHICAGO, IL 60655                  First                  09/03/2027      153,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080938         DOUTAZ                             1-Family               360              55,500.00          568.74
                  ROUTE 1 BOX 208A                   Owner Occupied          75.00           55,467.74          11.950
                  IRVINGTON, KY 40146                First                  08/08/2027       74,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081126         WILLIAMS                           1-Family               360              37,500.00          397.31
                  316 N. 2ND AVE.                    Owner Occupied          79.79           37,480.28          12.400
                  LOGAN, IA 51546                    First                  08/28/2027       47,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081128         EDWARDS                            1-Family               360              30,000.00          282.30
                  747 N. 71ST. STREET                Owner Occupied          73.17           29,977.71          10.850
                  EAST ST. LOUIS, IL 62203           First                  08/28/2027       41,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081129         EDENS                              1-Family               360              45,000.00          480.27
                  ROUTE 2 BOX 568                    Owner Occupied          67.16           44,976.84          12.500
                  MILTON, WV 25541                   First                  08/27/2027       67,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085019         MARQUEZ                            1-Family               360              30,000.00          282.30
                  710 N. WENONA STREET               Owner Occupied          66.67           29,977.80          10.850
                  BAY CITY, MI 48706                 First                  08/29/2027       45,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085024         FENNER                             1-Family               360              25,000.00          301.17
                  2918 COLORADO                      Owner Occupied          57.47           24,991.36          14.250
                  FLINT, MI 48506                    First                  08/29/2027       43,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085025         STAFFORD                           1-Family               360              39,000.00          462.10
                  4412 N.W. 48TH STREET              Owner Occupied          63.41           38,992.90          14.000
                  OKLAHOMA CITY, OK 73112            First                  09/02/2027       61,500.00                
- ----------------------------------------------------------------------------------------------------------------------
FB7070862         BECK                               1-Family               360             115,600.00        1,005.95
                  821 CRAWFORD ROAD                  Owner Occupied          85.00          115,495.07           9.900
                  PITTSBURGH, PA 15237               First                  09/01/2027      136,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             30       Page Balance:      $796,455.63      Generated By: Dmenegus
<PAGE>   33
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
NC7085149         MANCINI                            1-Family               360              20,000.00          168.17
                  15 OAK ST                          Owner Occupied          51.28           19,970.26           9.500
                  LOWELL, MA 01851                   First                  08/01/2027       41,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7089106         DOHERTY                            1-Family               360             151,000.00        1,269.69
                  49 OAKLAND AVENUE                  Owner Occupied          86.78          150,775.42           9.500
                  ROCKAWAY, NJ 07866                 First                  07/16/2027      174,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7089115         JAMISON                            1-Family               360              60,000.00          566.86
                  631-15 BALTUSROL                   Owner Occupied          75.00           59,933.82          10.900
                  VERNON, NJ 07462                   First                  07/25/2027       80,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080055         SIMPSON                            1-Family               360              44,000.00          427.36
                  2226 DRURY                         Owner Occupied          80.00           43,985.14          11.250
                  KANSAS CITY, MO 64127              First                  09/03/2027       55,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080058         KLAMM                              1-Family               360              22,600.00          221.22
                  234 SPRING DR.                     Owner Occupied          57.22           22,592.54          11.350
                  ST. CHARLES, MO 63303              First                  09/05/2027       39,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080210         TROMBLY                            1-Family               360              62,400.00          641.37
                  46048 TRASKOS                      Owner Occupied          78.00           62,364.04          11.990
                  BELLEVILLE, MI 48111               First                  08/28/2027       80,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080215         HAGADUS                            1-Family               360              50,000.00          401.95
                  5626 E. BOYER                      Owner Occupied          66.67           49,972.63           8.990
                  FENWICK, MI 48834                  First                  09/02/2027       75,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080386         ZOBRO                              1-Family               360              76,000.00          689.53
                  2865 WABASH N.E.                   Owner Occupied          61.29           75,969.14          10.400
                  GRAND RAPIDS, MI 49525             First                  09/03/2027      124,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080677         KATZ                               1-Family               360             148,000.00        1,493.93
                  347 S. WOLF RD.                    Owner Occupied          80.00          147,955.24          11.750
                  DES PLAINES, IL 60016              First                  09/05/2027      185,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080944         STEWART                            1-Family               360              58,800.00          553.31
                  2614 BEAVER DAM ROAD               Owner Occupied          80.00           58,756.48          10.850
                  MORGANTOWN, KY 42261               First                  08/14/2027       73,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081138         REEVES                             1-Family               360              56,950.00          555.30
                  309 LINDA DR.                      Owner Occupied          85.00           56,930.98          11.300
                  HOPKINSVILLE, KY 42240             First                  09/03/2027       67,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7070011         GOESSLER                           1-Family               360              42,000.00          430.40
                  1614 FALCK AVE                     Owner Occupied          70.00           41,987.85          11.950
                  PITTSBURGH, PA 15212               First                  08/28/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             31       Page Balance:      $791,193.54      Generated By: Dmenegus
<PAGE>   34
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7080373         BOWERMAN                           1-Family               360              43,500.00          439.09
                  1065 BROOKS ROAD                   Owner Occupied          75.00           43,486.85          11.750
                  HASTINGS, MI 49058                 First                  09/04/2027       58,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080388         RUIZ                               1-Family               360              41,600.00          345.25
                  19 E. 17TH STREET                  Owner Occupied          72.98           41,578.88           9.350
                  HOLLAND, MI 49423                  First                  09/03/2027       57,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080395         GILMAN                             1-Family               360              38,000.00          344.76
                  608 192ND AVE.                     Owner Occupied          67.86           37,929.33          10.400
                  HESPERIA, MI 49421                 First                  09/09/2027       56,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080511         GMYREK                             1-Family               360              66,000.00          621.06
                  428 S. WILLIAMS                    Owner Occupied          66.00           65,975.69          10.850
                  MARINE CITY, MI 48039              First                  09/05/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080670         DAVIS                              1-Family               360              51,000.00          491.47
                  11810 S. PARNELL AVENUE            Owner Occupied          60.00           50,982.41          11.150
                  CHICAGO, IL 60628                  First                  09/04/2027       85,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080671         SPERRY                             1-Family               360              62,400.00          606.07
                  1200 SUMMIT                        Owner Occupied          80.00           62,378.93          11.250
                  AURORA, IL 60505                   First                  09/03/2027       78,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080676         BALDWIN JR.                        1-Family               360              57,600.00          546.36
                  8650 S. CHAMPLAIN AVENUE           Owner Occupied          80.00           57,579.24          10.950
                  CHICAGO, IL 60619                  First                  09/04/2027       72,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081130         SMITH                              1-Family               360              90,000.00          773.24
                  463 MALLONE RIDGE RD.              Owner Occupied          84.91           89,958.01           9.750
                  WASHINGTON, PA 15301               First                  09/04/2027      106,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090010         BROWN                              1-Family               360              16,000.00          182.64
                  325 LANCANSHIRE DR.                Owner Occupied          46.38           15,996.69          13.450
                  GLASGOW VILLAGE, MO 63137          First                  09/10/2027       34,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090316         THOMAS                             1-Family               360             159,750.00        1,390.13
                  6545 SCENIC DRIVE SOUTH            Owner Occupied          75.00          159,667.94           9.900
                  SAGINAW, MI 48603                  First                  09/09/2027      213,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090470         OSMON                              1-Family               360              43,000.00          434.05
                  4563 W. LAFAYETTE                  Owner Occupied          68.25           42,986.99          11.750
                  TERRE HAUTE, IN 47805              First                  09/08/2027       63,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7095000         GREEN                              1-Family               360              54,400.00          497.62
                  22453 N. BEDFORD ROAD              Owner Occupied          82.42           54,378.38          10.500
                  BATTLE CREEK, MI 40917             First                  09/08/2027       66,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             32       Page Balance:      $722,899.34     Generated By: Dmenegus
<PAGE>   35
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>                 <C>
BD7095001         JACKSON                            1-Family               360              58,225.00          628.20
                  632 N.W. 118TH STREET              Owner Occupied          85.00           58,210.59          12.650
                  OKLAHOMA, OK 73114                 First                  09/08/2027       68,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7080678         OLIVER                             1-Family               360              33,750.00          366.76
                  506 W. 117TH ST.                   Owner Occupied          75.00           33,741.83          12.750
                  CHICAGO, IL 60628                  First                  09/04/2027       45,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080201         DUNBAR                             1-Family               360              49,600.00          463.01
                  112 THOMPSON DR.                   Owner Occupied          80.00           49,562.48          10.750
                  KINGS MOUNTAIN, NC 28086           First                  08/28/2027       62,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080202         NORRIS                             1-Family               360              45,500.00          433.31
                  3385 NORTH 850 WEST                Owner Occupied          65.47           45,467.39          11.000
                  SHIPSHEWANA, IN 46565              First                  08/29/2027       69,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080401         EVANS                              1-Family               360              53,600.00          524.67
                  938 E. FOREST                      Owner Occupied          80.00           53,579.97          11.350
                  MUSKEGON, MI 49442                 First                  09/05/2027       67,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080508         STILES                             1-Family               360              25,500.00          247.67
                  108 SHERMAN                        Owner Occupied          75.00           25,491.39          11.250
                  WOODBURN, IA 50275                 First                  09/08/2027       34,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080829         KESON, JR                          1-Family               360              23,400.00          267.11
                  2184 N. 4TH STREET                 Owner Occupied          65.00           23,395.17          13.450
                  FOUNTAIN, MI 49410                 First                  09/04/2027       36,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081117         WILLOUGHBY                         1-Family               360              25,000.00          226.82
                  5220 CROWN ST.                     Owner Occupied          43.86           24,979.61          10.400
                  INDIANAPOLIS, IN 46208             First                  08/20/2027       57,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7085015         DAVIES                             1-Family               360              52,000.00          479.56
                  5590 RICHARDSON ROAD               Owner Occupied          80.00           51,959.36          10.600
                  PINCONNING, MI 48650               First                  08/27/2027       65,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090006         MACHAK                             1-Family               360              84,000.00          870.51
                  1971 PALMERTON RD.                 Owner Occupied          80.00           83,976.49          12.100
                  BLAIRSVILLE, PA 15717              First                  09/10/2027      105,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090009         FENNEY                             1-Family               360              22,500.00          247.14
                  4205 FAIRFIELD AVE.                Owner Occupied          43.27           22,494.74          12.900
                  MUNHALL, PA 15120                  First                  09/09/2027       52,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090012         MILLER                             1-Family               360              84,000.00          784.12
                  R. D. #7 BOX 612                   Owner Occupied          69.42           83,967.50          10.750
                  MT. PLEASANT, PA 15666             First                  09/11/2027      121,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             33       Page Balance:      $556,826.52     Generated By: Dmenegus
<PAGE>   36
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7090158         RICH                               1-Family               360              36,750.00          322.51
                  1015 EAST SNOVER RD.               Owner Occupied          73.50           36,733.74          10.000
                  SANDUSKY, MI 48471                 First                  09/08/2027       50,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090162         KITTS                              1-Family               360              42,000.00          407.93
                  19402 BURGESS                      Owner Occupied          76.36           41,985.82          11.250
                  DETROIT, MI 48219                  First                  09/09/2027       55,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090163         MASON, JR.                         1-Family               360             270,000.00        2,520.40
                  1410 W. EXCHANGE                   Owner Occupied          90.00          269,898.35          10.750
                  AKRON, OH 44131                    First                  09/09/2027      300,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090164         COOL, JR.                          1-Family               360              35,000.00          300.70
                  331 WEST WALNUT STREET             Owner Occupied          46.67           34,983.68           9.750
                  ASHLAND, OH 44805                  First                  09/09/2027       75,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090166         BAER                               1-Family               360              56,250.00          514.54
                  3102 CHESTNUTDALE                  Owner Occupied          56.25           56,227.65          10.500
                  CLEVELAND, OH 44109                First                  09/09/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090317         STROUD                             1-Family               360              54,500.00          436.56
                  1907 SIXTH AVENUE                  Owner Occupied          59.89           54,469.92           8.950
                  CADILLAC, MI 49601                 First                  09/09/2027       91,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090473         CARLSON                            1-Family               360              49,125.00          445.70
                  208 PARKER ST                      Owner Occupied          75.00           49,105.05          10.400
                  TRACY, IA 50256                    First                  09/10/2027       65,500.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090474         COOPER                             1-Family               360              60,800.00          606.74
                  2116 SINGLETON COURT               Owner Occupied          80.00           60,780.99          11.600
                  LITTLE ROCK, AR 72204              First                  09/10/2027       76,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090477         RAMEY                              1-Family               360              72,000.00          682.95
                  166 EVERETT RD                     Owner Occupied          76.60           71,974.05          10.950
                  RINGGOLD, GA 30736                 First                  09/10/2027       94,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090626         ROSEL                              1-Family               360             112,500.00          897.12
                  450 WEST RANDALL                   Owner Occupied          83.33          112,434.38           8.900
                  COOPERSVILLE, MI 49404             First                  09/10/2027      135,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090628         MITCHELL                           1-Family               360              49,400.00          464.86
                  1625 MATILDA STREET N.E.           Owner Occupied          65.00           49,381.80          10.850
                  GRAND RAPIDS, MI 49503             First                  09/10/2027       76,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090632         MASSA                              1-Family               360             157,500.00        1,267.28
                  311 AUGUSTA                        Owner Occupied          89.74          157,413.97           9.000
                  MAYWOOD, IL 60153                  First                  09/12/2027      175,500.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             34       Page Balance:      $995,389.40      Generated By: Dmenegus
<PAGE>   37
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>                 <C>
BD7090634         VALENTINE                          1-Family               360              30,200.00          371.02
                  34024 COUNTY ROAD 383              Owner Occupied          50.33           30,195.16          14.550
                  WARSAW, OH 40384                   First                  09/11/2027       60,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090787         CUNNINGHAM                         1-Family               360              28,000.00          254.04
                  2300 ELEEN DRIVE                   Owner Occupied          40.00           27,988.63          10.400
                  SIX LAKES, MI 48886                First                  09/10/2027       70,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7095003         MILLER                             1-Family               360              85,000.00          861.26
                  2329 EAST HILLS DRIVE              Owner Occupied          85.00           84,974.57          11.800
                  MOORE, OK 73160                    First                  09/08/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7095004         MUSCOTT                            1-Family               360              37,500.00          327.70
                  324 S. FRANKLIN STREET             Owner Occupied          68.18           37,483.24           9.950
                  ST. LOUIS, MI 48880                First                  09/10/2027       55,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7095011         MILLER                             1-Family               360              49,300.00          407.72
                  2501 FULFORD STREET                Owner Occupied          85.00           49,274.77           9.310
                  KALAMAZOO, MI 49001                First                  09/11/2027       58,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7081142         CAREY                              1-Family               360              83,200.00          789.19
                  2701 BALLAD BLVD.                  Owner Occupied          80.00           83,170.01          10.950
                  LOUISVILLE, KY 40291               First                  09/04/2027      104,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090014         BROWN                              1-Family               360              16,738.00          170.88
                  22 BEECH ST.                       Owner Occupied          57.42           16,733.11          11.900
                  CORAL, PA 15731                    First                  09/10/2027       29,150.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090629         KRESS                              1-Family               360              29,000.00          303.89
                  2492 ANDY LANE                     Owner Occupied          58.00           28,992.15          12.250
                  BEAVERTON, MI 48612                First                  09/11/2027       50,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7091100         KOCKS                              1-Family               360              85,000.00          680.87
                  1000 STERLING ST.                  Owner Occupied          85.00           84,953.09           8.950
                  BAY CITY, MI 48706                 First                  09/10/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7095006         GERHAUSER, JR.                     1-Family               360              50,700.00          420.78
                  925 DELTA                          Owner Occupied          36.21           50,674.26           9.350
                  FREELAND, MI 48623                 First                  09/10/2027      140,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7095008         BORDELON STILWELL                  1-Family               360              32,000.00          320.56
                  4688 W. MARL LAKE ROAD             Owner Occupied          68.09           31,984.11          11.650
                  ROSCOMMON, MI 48653                First                  09/11/2027       47,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090161         JORDAN                             1-Family               360              14,300.00          155.95
                  403 BEECHWOOD                      Owner Occupied          28.60           14,296.58          12.800
                  RIVER ROUGE, MI 48218              First                  09/09/2027       50,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             35       Page Balance:      $540,719.68      Generated By: Dmenegus
<PAGE>   38
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7090171         BROADSTONE                         1-Family               360              25,000.00          207.48
                  325 NORTH GROVE STREET             Owner Occupied          62.50           24,987.31           9.350
                  STANDISH, MI 48638                 First                  09/10/2027       40,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090472         CURRIE                             1-Family               360              59,920.00          602.54
                  3524 SWANN STATION RD              Owner Occupied          80.00           59,901.68          11.700
                  SANFORD, NC 27330                  First                  09/15/2027       74,900.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090475         ASHLEY                             1-Family               360              30,000.00          308.58
                  4023 SPRINGLANE CUTOFF             Owner Occupied          60.00           29,991.42          12.000
                  HENSLEY, AR 72065                  First                  09/10/2027       50,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090797         BAKER                              1-Family               360              47,000.00          442.27
                  1551 WEST E AVENUE                 Owner Occupied          65.28           46,982.69          10.850
                  KALAMAZOO, MI 49004                First                  09/11/2027       72,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7091101         COBB                               1-Family               360              52,800.00          579.95
                  RT. 1 BOX 421A                     Owner Occupied          80.00           52,787.65          12.900
                  ST. ALBANS, WV 25177               First                  09/12/2027       66,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BB7090017         COWSEN                             1-Family               360              64,260.00          633.91
                  4001 MARKET                        Owner Occupied          73.17           64,239.24          11.450
                  CENTREVILLE, IL 62207              First                  09/11/2027       88,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7080222         ROMANOWSKI                         1-Family               360             102,800.00          853.17
                  11856 FAIRVIEW DRIVE               Owner Occupied          85.67          102,700.98           9.350
                  STERLING HEIGHTS, MI 48312         First                  09/11/2027      120,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090007         ROBINSON                           1-Family               360              15,500.00          188.57
                  860 FORD ST.                       Owner Occupied          36.05           15,497.43          14.400
                  PITTSBURGH, PA 15205               First                  09/09/2027       43,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090167         COLBERT                            1-Family               360              87,000.00          734.72
                  19430 BIRCHCREST                   Owner Occupied          72.50           86,957.66           9.550
                  DETROIT, MI 48221                  First                  09/12/2027      120,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090169         ANDERSON                           1-Family               360              37,500.00          350.06
                  6028 M-32                          Owner Occupied          35.71           37,485.88          10.750
                  APLENA, MI 49707                   First                  09/10/2027      105,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090798         BURGETT                            1-Family               360              24,000.00          206.20
                  601 N. CATHERINE STREET            Owner Occupied          80.00           23,988.80           9.750
                  BAY CITY, MI 48706                 First                  09/11/2027       30,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7070728         BOYKINS                            1-Family               360             134,300.00        1,129.27
                  310 FISCHER                        Owner Occupied          85.00          134,233.94           9.500
                  WESTLAND, MI 48186                 First                  10/01/2027      160,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             36       Page Balance:      $679,754.68      Generated By: Dmenegus
<PAGE>   39
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7071614         LACY                               1-Family               360              36,000.00          264.16
                  1037 S. CENTRAL AVE.               Owner Occupied          64.29           36,922.53           8.000
                  FAIRBORN, OH 45324                 First                  07/01/2027       56,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090168         SCOTT, JR.                         1-Family               360              34,000.00          292.11
                  G-6200 DETROIT STREET              Owner Occupied          73.28           33,984.14           9.750
                  MT. MORRIS, MI 48458               First                  09/10/2027       46,400.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090631         HINES                              1-Family               360              38,500.00          451.61
                  369 MCKELLER STREET                Owner Occupied          70.00           38,492.72          13.850
                  CHILLICOTHE, OH 45601              First                  09/10/2027       55,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090788         WESSEL                             1-Family               360              24,200.00          240.57
                  2520 SOUTH HAY ROAD                Owner Occupied          34.57           24,192.36          11.550
                  BEAVERTON, MI 48612                First                  09/11/2027       70,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NB7070235         GIACCONE                           1-Family               360             148,000.00        1,157.77
                  24 YORKSHIRE PLACE                 Owner Occupied          80.00          147,831.77           9.438
                  SAYREVILLE, NJ 08872               First                  08/01/2027      187,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FB7040282         BRUNELLI                           1-Family               360             148,000.00        1,131.50
                  1559 WEST COUNTY LINE ROAD         Owner Occupied          80.00          147,539.52           8.438
                  HATBORO, PA 19040                  First                  06/01/2027      185,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7050797         HARROUN                            1-Family               360              69,000.00          525.08
                  3002 WINCHESTER DRIVE              Owner Occupied          72.63           68,870.79           8.388
                  BLOOMINGTON, IL 61704              First                  08/01/2027       95,000.00                
- ----------------------------------------------------------------------------------------------------------------------
TC7071815         MELENDEZ                           1-Family               360              66,000.00          651.08
                  844 HUGHES ST.                     Owner Occupied          75.00           66,941.42          11.450
                  MADISON, WI 53713                  First                  07/01/2027       88,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FB7080973         COX                                1-Family               360             100,000.00          847.29
                  5243 COX ROAD                      Owner Occupied          80.00           99,951.71           9.588
                  TROUTVILLE, VA 24175               First                  10/01/2027      125,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NB7070012         FABEN                              1-Family               360             199,000.00        1,664.31
                  3314 FALLBROOK AKA 6 FALLBROOK     Owner Occupied          84.68          198,900.83           9.438
                  CANANDAIGUA, NY 14424              First                  10/01/2027      235,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NB7070252         DOUGLAS                            1-Family               360              44,250.00          394.49
                  180 LITTLETON ROAD                 Owner Occupied          75.00           44,206.37          10.188
                  PARSIPPANY TROY HILL, NJ 07054     First                  09/01/2027       65,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NB7080061         RIVET                              1-Family               360              80,750.00          805.09
                  45 YARMOUTH ROAD                   Owner Occupied          85.00           80,699.13          11.588
                  ROCHESTER, NY 14610                First                  09/01/2027       95,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             37       Page Balance:      $988,533.29      Generated By: Dmenegus
<PAGE>   40
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7080205         ELLIS                              1-Family               360              20,000.00          230.66
                  522 W. 1ST                         Owner Occupied          41.67           19,996.01          13.600
                  ELOY, AZ 85231                     First                  09/02/2027       48,000.00                
- ----------------------------------------------------------------------------------------------------------------------
MB7090047         Holfelder                          1-Family               360             106,250.00          812.31
                  98 BATES AVENUE                    Owner Occupied          85.00          106,184.80           8.438
                  COVENTRY, RI 02816                 First                  10/01/2027      126,000.00                
- ----------------------------------------------------------------------------------------------------------------------
MC7070362         BOREY                              1-Family               360             195,500.00        1,714.21
                  10 CHURCH STREET                   Owner Occupied          85.00          195,237.82           9.990
                  NORTHBOROUGH, MA 01532             First                  08/01/2027      240,000.00                
- ----------------------------------------------------------------------------------------------------------------------
MC7090450         LUCKSINGER                         1-Family               360              82,600.00          779.77
                  116 SCOTT AVE                      Owner Occupied          70.00           82,569.83          10.890
                  CASTLETON ON HUDSON, NY 12033      First                  10/01/2027      118,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NB7050150         NOVINSKI                           1-Family               360              57,500.00          487.19
                  194 OCEAN AVE                      Owner Occupied          76.67           57,472.24           9.588
                  ISLIP, NY 11552-                   First                  10/01/2027      100,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NB7070231         CROSBY                             1-Family               360              82,400.00          704.20
                  512 VOSBURG ROAD                   Owner Occupied          80.00           82,361.04           9.688
                  WEBSTER, NY 14580                  First                  10/01/2027      103,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7086006         VAUGHAN                            1-Family               360             128,000.00        1,076.29
                  6 LEONA PLACE                      Owner Occupied          80.00          127,809.62           9.500
                  LOCUST VALLEY, NY 11560            First                  07/02/2027      160,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7099108         EDWARDS                            1-Family               360             104,000.00          833.07
                  93 KENT STREET                     Owner Occupied          80.00          103,884.77           8.950
                  WAYNE, NJ 07470                    First                  08/26/2027      130,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7080079         MACHIA                             1-Family               360              90,800.00          796.16
                  RR1 BOX 370                        Owner Occupied          80.00           90,759.75           9.990
                  EDEN, VT 05652                     First                  10/01/2027      113,500.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7095316         GENOVESE                           1-Family               360             175,000.00        1,800.08
                  3 VINE STREET                      Owner Occupied          79.55          174,848.25          12.000
                  CHATHAM, NJ 07928                  First                  07/11/2027      250,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7084511         BELL                               1-Family               360              79,000.00          898.66
                  129-39 131ST STREET                Owner Occupied          54.48           78,949.97          13.400
                  JAMAICA, NY 11420-                 First                  07/09/2027      145,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7090059         PITCHFORD                          1-Family               360              76,000.00          792.77
                  1525 DEVON STREET                  Owner Occupied          77.55           75,979.14          12.188
                  YPSILANTI, MI 48198                First                  10/01/2027       98,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             38       Page Balance:    $1,196,053.24      Generated By: Dmenegus
<PAGE>   41
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
NC7088506         MULLIGAN                           1-Family               360             151,200.00        1,383.09
                  266 LAKEWOOD ROAD                  Owner Occupied          80.00          150,956.46          10.500
                  NEW EGYPT, NJ 08533                First                  07/01/2027      189,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7098506         MUN                                1-Family               360             200,000.00        1,980.58
                  39-18 150TH PLACE                  Owner Occupied          80.00          199,871.56          11.500
                  FLUSHING, NY 11354                 First                  09/01/2027      250,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7090135         MUNDEN                             1-Family               360              39,000.00          417.39
                  2016 N.E. 39TH STREET              Owner Occupied          60.00           38,990.10          12.538
                  KANSAS CITY, MO 64116              First                  10/01/2027       65,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7091019         CHAPP                              1-Family               360              90,000.00          914.69
                  23845 LEE BAKER                    Owner Occupied          75.00           89,946.36          11.840
                  SOUTHFIELD, MI 48034               First                  09/01/2027      120,000.00                
- ----------------------------------------------------------------------------------------------------------------------
CB7070552         YESSLER                            1-Family               360              14,700.00          165.36
                  109 ROBY ST.                       Owner Occupied          70.00           14,696.81          13.238
                  ADENA, OH 43901                    First                  09/30/2027       21,000.00                
- ----------------------------------------------------------------------------------------------------------------------
CB7090194         RENNER                             1-Family               360              56,950.00          503.49
                  1270 CLARAWILL DR                  Owner Occupied          85.00           56,925.27          10.088
                  LOVELAND, OH 45140                 First                  09/30/2027       67,000.00                
- ----------------------------------------------------------------------------------------------------------------------
CB7090234         SEITZ                              1-Family               360              76,000.00          657.88
                  6260 NEWTONSVILLE ROAD             Owner Occupied          80.00           75,965.19           9.838
                  GOSHEN, OH 45122                   First                  09/25/2027       95,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7095528         MITCHELL                           1-Family               360              72,800.00          693.29
                  4914 THE PLAZA                     Owner Occupied          80.00           72,747.85          11.000
                  CHARLOTTE, NC 28212                First                  09/01/2027       91,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7095529         SCHACK                             1-Family               360             131,250.00        1,127.64
                  27 FAIRFIELD TERRACE               Owner Occupied          75.00          131,127.04           9.750
                  LONGMEADOW, MA 01106               First                  09/01/2027      175,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7095653         CUETO                              1-Family               360              53,000.00          465.11
                  326 PIEDMONT AVENUE                Owner Occupied          89.00           52,952.92          10.000
                  ROCK HILL, SC 29730                First                  09/01/2027       59,550.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7095865         BRODKA                             1-Family               360             118,400.00          974.05
                  1534 LUMARKA DRIVE                 Owner Occupied          79.89          118,276.76           9.250
                  CHARLOTTE, NC 28212                First                  09/01/2027      148,200.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7095874         BROWN                              1-Family               360              82,600.00          724.88
                  191 PLEASANT VIEW AVE              Owner Occupied          70.00           82,563.45          10.000
                  SMITHFIELD, RI 02917               First                  10/01/2027      118,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             39       Page Balance:    $1,085,019.77      Generated By: Dmenegus
<PAGE>   42
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
FC7095879         DELLAROSA                          1-Family               360             141,950.00        1,482.01
                  8 MARY ANN DRIVE                   Owner Occupied          85.00          141,911.15          12.200
                  BRICK, NJ 08723                    First                  10/01/2027      170,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7095885         GREEN III                          1-Family               360              76,000.00          636.28
                  25 FULTON ST                       Owner Occupied          80.00           75,924.14           9.450
                  WATERBURY, CT 06708                First                  09/01/2027       95,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7095888         HOLSTON                            1-Family               360              87,500.00          900.94
                  5380 BIRDLAND AVE                  Owner Occupied          70.00           87,474.00          12.000
                  DAYTON, OH 45427                   First                  10/01/2027      125,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7095889         IOAKIMIDES                         1-Family               360              82,500.00          798.16
                  45 HOWARD ST                       Owner Occupied          55.74           82,471.84          11.200
                  NORWOOD, MA 02062                  First                  10/01/2027      148,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7095892         LOCKE                              1-Family               360              66,000.00          628.54
                  904 VANDERBERG PL                  Owner Occupied          75.00           65,976.46          11.000
                  COLUMBUS, OH 43204                 First                  10/01/2027       88,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7095893         MCMAHON                            1-Family               360              51,600.00          570.40
                  BACK BAY ROAD                      Owner Occupied          52.65           51,576.21          12.990
                  MILBRIDGE, ME 04658                First                  09/01/2027       98,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7095900         RINGER JR                          1-Family               360              56,610.00          625.78
                  16 MAPLEWOOD PARKWAY               Owner Occupied          85.00           56,583.90          12.990
                  MOREAU, NY 12803                   First                  09/01/2027       78,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7095901         ROSE                               1-Family               360              45,000.00          532.84
                  24 HEMLOCK CT                      Owner Occupied          35.43           44,991.79          13.990
                  FISHKILL, NY 12524                 First                  10/01/2027      127,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7095906         SMITH                              1-Family               360              51,750.00          485.03
                  49 SOUTH  PARSONAGE                Owner Occupied          75.00           51,730.72          10.800
                  RHINEBECK, NY 12572                First                  10/01/2027       78,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7095914         PURSSELL                           1-Family               360              75,000.00          757.06
                  18 FOREST ST                       Owner Occupied          61.98           74,977.32          11.750
                  WHITMAN, MA 02382                  First                  10/01/2027      121,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7096023         BECK                               1-Family               360              51,000.00          489.16
                  36631 ALFRED                       Owner Occupied          52.58           50,982.17          11.090
                  NEW BALTIMORE, MI 48047            First                  10/01/2027       97,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FC7096033         RICHARDSON                         1-Family               360              24,700.00          261.70
                  18834 CONLEY                       Owner Occupied          65.00           24,693.53          12.400
                  DETROIT, MI 48234                  First                  10/01/2027       38,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             40       Page Balance:      $809,293.23      Generated By: Dmenegus
<PAGE>   43
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
FC7096036         RUBIN                              1-Family               360              60,000.00          504.08
                  1640 NEW YORK                      Owner Occupied          80.00           59,970.42           9.490
                  LINCOLN PARK, MI 48146             First                  10/01/2027       75,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7093100         LAX                                1-Family               360              54,000.00          555.45
                  55 AMEY AVENUE                     Owner Occupied          24.55           53,984.55          12.000
                  PLAINVIEW, NY 11803                First                  10/01/2027      220,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7093102         LIBAIRE JR                         1-Family               360             304,500.00        2,447.89
                  99 ST. MARKS LANE                  Owner Occupied          75.00          303,996.21           8.990
                  ISLIP, NY 11751                    First                  08/01/2027      406,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7093104         CRUZ                               1-Family               360              40,000.00          374.90
                  98 NORTHSIDE RD                    Owner Occupied          47.06           39,954.90          10.800
                  WADING RIVER, NY 11792             First                  08/01/2027       85,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7094507         CHLEBOGIANNIS                      1-Family               360             195,000.00        1,689.69
                  123 HARBOR DR  UNIT 308            Owner Occupied          75.00          194,730.61           9.850
                  STAMFORD, CT 06902                 First                  07/18/2027      260,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7095225         LOPEZ                              1-Family               360             190,800.00        1,673.00
                  50-05 60TH STREET                  Owner Occupied          88.74          190,630.12           9.990
                  WOODSIDE, NY 11377                 First                  09/01/2027      215,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7098502         NIKKELS                            1-Family               360              49,600.00          426.14
                  21 AQUEDUCT ST                     Owner Occupied          80.00           49,553.53           9.750
                  OSSINING, NY 10562                 First                  09/01/2027       80,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7098509         PEREZ                              1-Family               360             164,000.00        1,812.89
                  56 2ND AVE                         Owner Occupied          84.97          163,924.41          12.990
                  SECAUCUS, NJ 07094                 First                  09/01/2027      193,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7099512         VAGNOZZI                           1-Family               360              24,955.00          232.95
                  849 QUINTON AVENUE                 Owner Occupied          70.00           24,916.92          10.750
                  TRENTON CITY, NJ 08650             First                  07/01/2027       48,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7099513         HARDIMAN                           1-Family               360             166,000.00        1,426.20
                  11 HANSOM DRIVE                    Owner Occupied          76.01          165,844.47           9.750
                  MANSFIELD, NJ 08022                First                  09/01/2027      220,000.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7099514         HOLOWIENKA                         1-Family               360             102,800.00          959.62
                  12 FERN AVENUE                     Owner Occupied          80.00          102,761.30          10.750
                  HAMBURG, NJ 07419                  First                  10/01/2027      128,500.00                
- ----------------------------------------------------------------------------------------------------------------------
NC7099516         HARRIS                             1-Family               360              89,600.00          836.40
                  147 BB STEDWICK DRIVE              Owner Occupied          80.00           89,497.88          10.750
                  MOUNT DRIVE, NJ 07828              First                  08/01/2027      112,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
             41       Page Balance:    $1,439,765.32      Generated By: Dmenegus
<PAGE>   44
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
NC7099518         GREEN                              1-Family               360              97,500.00          749.69
                  2803 BAY DRIVE                     Owner Occupied          79.92           97,381.46           8.500
                  LOWER TOWNSHIP, NJ 08251           First                  09/01/2027      122,000.00                
- ----------------------------------------------------------------------------------------------------------------------
CB7080357         GREGORY                            1-Family               360              85,600.00          709.68
                  6406 BARRE ROAD                    Owner Occupied          80.00           85,556.43           9.338
                  LOVELAND, OH 45140                 First                  09/30/2027      107,000.00                
- ----------------------------------------------------------------------------------------------------------------------
CB7080450         MAYNARD                            1-Family               360              52,000.00          455.96
                  55335 SHRIVER DRIVE                Owner Occupied          80.00           51,976.94           9.990
                  CAMBRIDGE, OH 43772                First                  09/04/2027       65,000.00                
- ----------------------------------------------------------------------------------------------------------------------
CB7090338         GOTTSABEND                         1-Family               360              43,350.00          362.56
                  1622 20TH STREET NE                Owner Occupied          85.00           43,328.39           9.438
                  CANTON, OH 44714                   First                  10/01/2027       51,000.00                
- ----------------------------------------------------------------------------------------------------------------------
FB7080614         SANDRIDGE                          1-Family               360             178,000.00        1,411.53
                  ROUTE 2 BOX 97S                    Owner Occupied          76.39          177,899.44           8.838
                  MCGAHEYSVILLE, VA 22840            First                  10/01/2027      233,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FB7090401         WILLIAMS                           1-Family               360              80,750.00          713.90
                  333 EAST RANDALL AVENUE            Owner Occupied          85.00           80,714.94          10.088
                  NORFOLK, VA 23503                  First                  10/01/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095996         BURCHELL JR                        1-Family               360              98,000.00          911.13
                  3209 IRISH ROAD                    Owner Occupied          77.78           97,835.41          10.700
                  DAVISON, MI 48423                  First                  09/01/2027      126,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095998         CESARZ                             1-Family               360              72,250.00          570.46
                  14353 MERCEDES                     Owner Occupied          85.00           72,208.77           8.790
                  REDFORD, MI 48239                  First                  10/01/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096001         COSNER                             1-Family               360             100,300.00          886.89
                  6211 ASCENSION                     Owner Occupied          85.00          100,212.57          10.090
                  CLARKSTON, MI 48348                First                  09/01/2027      118,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096003         DOMZAL                             1-Family               360              72,000.00          680.24
                  24620 CULVER                       Owner Occupied          74.61           71,947.28          10.900
                  ST CLAIR SHORES, MI 48080          First                  09/01/2027       96,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096007         GILLESPIE                          1-Family               360              34,300.00          323.80
                  23320 VASSAR                       Owner Occupied          52.77           34,287.47          10.890
                  HAZEL PARK, MI 48030               First                  09/15/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096016         IVY                                1-Family               360             134,300.00        1,243.58
                  16207 WESTMORELAND                 Owner Occupied          85.00          134,248.33          10.650
                  DETROIT, MI 48219                  First                  10/01/2027      158,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             42       Page Balance:    $1,047,597.43     Generated By: Dmenegus
<PAGE>   45
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
FC7096029         NORRIS                             1-Family               360              95,250.00          871.29
                  10120 STONEY CREEK ROAD            Owner Occupied          75.00           95,212.15          10.500
                  MILAN, MI 48512                    First                  10/01/2027      127,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096035         ROHRER                             1-Family               360              46,500.00          495.92
                  30736 BRUSH                        Owner Occupied          51.67           46,488.07          12.490
                  MADISON HEIGHTS, MI 48071          First                  10/01/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096037         SCOTT                              1-Family               360              40,000.00          393.07
                  15982 ELLSWORTH                    Owner Occupied          78.43           39,986.93          11.400
                  DETROIT, MI 48227                  First                  10/01/2027       51,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096042         SPRINGER                           1-Family               360              64,000.00          545.17
                  1662 AUSTIN                        Owner Occupied          80.00           63,938.75           9.650
                  LINCOLN PARK, MI 48146             First                  09/01/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096044         SUELL                              1-Family               360              26,250.00          298.61
                  18118 KEYSTONE                     Owner Occupied          75.00           26,244.52          13.400
                  DETROIT, MI 48234                  First                  10/01/2027       35,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TB7070255         FISCHBEIN                          1-Family               360             100,000.00          952.25
                  35 SAINT AUGUSTINE DRIVE           Owner Occupied          65.36           99,964.33          10.999
                  CHARLESTON, SC 29407               First                  10/01/2027      153,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TB7080330         BLANKS                             1-Family               360              36,750.00          394.73
                  218 NORTH HICKORY STREET           Owner Occupied          75.00           36,740.78          12.588
                  CHATTANOOGA, TN 37404              First                  10/01/2027       49,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TB7090180         CAMPBELL                           1-Family               360              90,400.00          782.53
                  7606 EMBASSY BOULEVARD             Owner Occupied          80.00           90,358.60           9.838
                  MIRAMAR, FL 33313                  First                  10/01/2027      113,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TB7090206         SHOLAR                             1-Family               360              41,000.00          377.75
                  1172 VINELAND STREET               Owner Occupied          68.33           40,984.01          10.588
                  COCOA, FL 32927                    First                  10/01/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TB7090253         BOUSQUET                           1-Family               360             420,000.00        3,436.39
                  9183 THE LANE                      Owner Occupied          80.00          419,779.41           9.188
                  NAPLES, FL 34109                   First                  10/01/2027      525,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7074620         SHEPHERD                           1-Family               360              74,425.00          708.20
                  19 STURBRIDGE DRIVE                Owner Occupied          65.00           74,317.17          10.990
                  GLOUCESTER TOWNSHIP, NJ 08081      First                  07/01/2027      114,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7074665         FERRIOLA                           1-Family               360              50,000.00          475.78
                  1321 FIFTH AVENUE                  Owner Occupied          37.31           49,945.92          10.990
                  MULLICA TOWNSHIP, NJ 08215         First                  08/01/2027      134,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             43       Page Balance:    $1,083,960.64      Generated By: Dmenegus
<PAGE>   46
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7074679         SCHLUPP                            1-Family               360             162,500.00        1,670.24
                  50 TEMPLE ROAD                     Owner Occupied          65.00          162,310.82          11.990
                  RICHBORO, PA 18954                 First                  07/01/2027      250,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7074716         HOPKINS                            1-Family               360              37,800.00          391.44
                  2521 PONDEROSA DRIVE               Owner Occupied          83.08           37,767.30          12.090
                  GREENSBORO, NC 27406               First                  07/14/2027       45,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7082165         CRUMP                              1-Family               360              62,000.00          661.70
                  530 BALTIMORE DRIVE                Owner Occupied          68.89           61,943.59          12.500
                  CRAMERTON, NC 28032                First                  07/25/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090238         RPDRIGUEZ                          1-Family               360             110,700.00        1,037.53
                  10936 MILL POND WAY                Owner Occupied          90.00          110,617.17          10.800
                  ORLANDO, FL 32825                  First                  09/01/2027      123,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090735         AMENGUAL                           1-Family               360              67,410.00          616.63
                  3111 FORTUNE AVE                   Owner Occupied          90.00           66,901.31          10.500
                  PARMA, OH 44134                    First                  07/01/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091050         JOSEPH                             1-Family               360             101,600.00          929.38
                  1402 CHAROLAIS DR                  Owner Occupied          80.00          101,518.89          10.500
                  AUSTIN, TX 78758                   First                  09/01/2027      130,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091213         KRYZAK                             1-Family               360              67,500.00          680.84
                  150 S LEMMON ST                    Owner Occupied          75.00           67,479.54          11.740
                  SOUTH WILMINGTON, IL 60474         First                  10/01/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091838         CANNON                             1-Family               360              40,125.00          349.32
                  624 CREEL ST                       Owner Occupied          75.00           40,106.88           9.905
                  MELBOURNE, FL 32935                First                  10/01/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091840         COOMBS                             1-Family               360              85,000.00          745.31
                  30 QUEBEC CIR.                     Owner Occupied          85.00           84,814.49           9.990
                  TOOELE, UT 84074                   First                  09/01/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091841         GREEN                              1-Family               360              53,550.00          509.57
                  2030 NW 53RD ST                    Owner Occupied          85.00           53,530.86          10.990
                  MIAMI, FL 33142                    First                  10/01/2027       63,000.00                
- ----------------------------------------------------------------------------------------------------------------------
TC7091842         HAHN                               1-Family               360              50,000.00          434.18
                  7271 NEBRASKA AVE                  Owner Occupied          52.36           49,954.37           9.875
                  NEW PORT RICHEY, FL 34653          First                  09/01/2027       95,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091843         HOFMEISTER                         1-Family               360              53,625.00          612.12
                  7088 BOUGAINVILLEA ST              Owner Occupied          64.61           53,613.93          13.450
                  ENGLEWOOD, FL 34224                First                  10/01/2027       83,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             44       Page Balance:      $890,559.15     Generated By: Dmenegus
<PAGE>   47
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7091844         GARY                               1-Family               360              56,800.00          467.28
                  26230 BILTMORE ST                  Owner Occupied          80.00           56,740.88           9.250
                  MT. PLYMOUTH, FL 32776             First                  09/01/2027       71,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091845         MANAOAT                            1-Family               360              93,600.00          813.12
                  519 NEBRASKA ST                    Owner Occupied          81.39           93,514.69           9.880
                  FAIRFIELD, CA 94533                First                  09/01/2027      117,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091846         MANRIQUEZ                          1-Family               360              87,300.00          782.30
                  138 MOUNTAINSIDE DR                Owner Occupied          90.00           87,226.46          10.250
                  PALMDALE, CA 93550                 First                  09/01/2027       97,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091849         MEEKS                              1-Family               360             100,000.00        1,027.85
                  38 TREVANION RD                    Owner Occupied          80.00           99,942.35          11.990
                  TANEYTOWN, MD 21787                First                  09/01/2027      125,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091850         PRASITSAK                          1-Family               360             132,600.00        1,237.80
                  19306 FAIRWEATHER ST               Owner Occupied          85.00          132,547.88          10.750
                  CANYON COUNTRY, CA 91351           First                  10/01/2027      156,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091851         QUESNEL                            1-Family               360              71,250.00          724.95
                  1021 BLOSSOM DR                    Owner Occupied          75.00           71,228.94          11.855
                  SEBASTIAN, FL 31512                First                  10/01/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091854         SHUPE                              1-Family               360             170,000.00        1,261.66
                  6762 RUNKLES RD                    Owner Occupied          77.27          169,888.67           8.120
                  MT. AIRY, MD 21771                 First                  10/01/2027      220,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092148         MCKLEIN                            1-Family               360              11,000.00          116.33
                  6920 KINKENON DR                   Owner Occupied           8.66           10,970.00          12.375
                  LAS VEGAS, NV 89128                Second                 07/01/2027      127,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092575         STARKMAN                           1-Family               360             119,000.00        1,149.48
                  26234 STILLWATER CIR.              Owner Occupied          70.00          118,918.02          11.180
                  PUNTA GORDA, FL 33955              First                  09/01/2027      174,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092653         GHAEMAGHAMI                        1-Family               360              60,000.00          439.84
                  3655-E SOUTH BEAR ST               Owner Occupied          80.00           59,876.08           7.990
                  SANTA ANA, CA 92704                First                  08/01/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092654         GOLOSINSKIY                        1-Family               360              75,600.00          768.91
                  7400 NE ST JOHNS RD                Owner Occupied          70.00           75,546.58          11.850
                  VANCOUVER, WA 98665                First                  08/01/2027      108,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092659         PICKERILL                          1-Family               360              71,600.00          582.82
                  81662 SHADOW AVE                   Owner Occupied          71.60           71,523.59           9.130
                  INDIO, CA 92201                    First                  09/01/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             45       Page Balance:    $1,047,924.14      Generated By: Dmenegus
<PAGE>   48
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
CB7090357         WILSON                             1-Family               360              38,250.00          355.28
                  354 GALLAGHER ST.                  Owner Occupied          85.00           38,250.00          10.688
                  SPRINGFIELD, OH 45505              First                  10/02/2027       45,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095422         BROWN                              1-Family               360             114,500.00        1,129.52
                  11 MULLEN ROAD                     Owner Occupied          88.08          114,425.65          11.450
                  WARWICK, RI 02888                  First                  09/01/2027      130,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095532         WHITESELL                          1-Family               360             206,700.00        2,166.00
                  952 TRENTLE COURT                  Owner Occupied          68.44          206,644.06          12.250
                  CHARLOTTE, NC 28211                First                  10/01/2027      302,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095883         GARDINER                           1-Family               360              27,300.00          296.67
                  27 WEST OAKLAND                    Owner Occupied          65.00           27,293.39          12.750
                  TOLEDO, OH 43608                   First                  10/01/2027       42,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095894         MILLER                             1-Family               360             189,900.00        1,737.09
                  3803 KEEHAR COURT                  Owner Occupied          88.71          189,824.54          10.500
                  SPRINGDALE, MD 20774               First                  10/01/2027      214,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095981         WISEMAN                            1-Family               360             108,900.00        1,016.56
                  2000 PLANTERS KNOLL                Owner Occupied          90.00          108,817.64          10.750
                  MONROE, NC 28110                   First                  09/01/2027      121,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095987         DAVIS                              1-Family               360              56,700.00          497.58
                  3327 CRICKETEER DR                 Owner Occupied          90.00           56,649.63          10.000
                  CHARLOTTE, NC 23216                First                  09/01/2027       63,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096011         HERMAN                             1-Family               360             253,000.00        2,314.29
                  4289 CHERRY HILL                   Owner Occupied          71.27          252,798.04          10.500
                  ORCHARD LAKE, MI 48323             First                  09/01/2027      355,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096020         JUSTICE                            1-Family               360              43,200.00          375.61
                  1315 LONG AVE                      Owner Occupied          80.00           43,180.43           9.890
                  LORAIN, OH 44052                   First                  10/01/2027       54,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096027         METZGER                            1-Family               360              27,000.00          250.83
                  4969 METZGER LANE                  Owner Occupied          75.00           26,989.70          10.690
                  MIDLAND, MI 48642                  First                  10/01/2027       36,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096053         WILD                               1-Family               360              54,400.00          463.39
                  1565 WISMER                        Owner Occupied          80.00           54,347.95           9.650
                  YPSILANTI, MI 48189                First                  09/01/2027       68,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096056         TOTTEN                             1-Family               360              59,200.00          622.65
                  9040 RIVER GROVE RD                Owner Occupied          69.65           59,168.14          12.300
                  FLUSHING, MI 48433                 First                  09/01/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             46       Page Balance:    $1,178,389.17      Generated By: Dmenegus
<PAGE>   49
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
FC7096058         BARTOLOTTA                         1-Family               360              70,000.00          708.74
                  8090 DEVON                         Owner Occupied          58.33           69,979.01          11.790
                  SHELBY, MI 48317                   First                  10/01/2027      120,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096098         AMOS                               1-Family               360              89,910.00          756.61
                  10635  NORTH  CANYON               Owner Occupied          90.00           89,820.00           9.500
                  CHARLOTTE, NC 28212                First                  09/01/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096111         JOHNSTON                           1-Family               360             100,800.00          847.58
                  6189 MILHAVEN LANE                 Owner Occupied          90.00          100,700.45           9.500
                  CHARLOTTE, NC 28269                First                  09/01/2027      115,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096118         MCKNIGHT                           1-Family               360             157,200.00        1,236.69
                  1700 THE PLAZA                     Owner Occupied          78.60          157,109.56           8.750
                  CHARLOTTE, NC 28205                First                  10/01/2027      200,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096205         CARPENTIER                         1-Family               360              75,200.00          651.61
                  99 FAIRFIELD AVENUE                Owner Occupied          80.00           75,131.03           9.850
                  WOODSOCKET, RI 02895               First                  09/01/2027       94,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090227         MULDOON                            1-Family               360              72,000.00          631.32
                  6 WRIGHT LANE                      Owner Occupied          80.00           71,968.08           9.990
                  WAREHAM, MA 02571                  First                  09/04/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090231         CUCCHIARA                          1-Family               360             127,500.00        1,090.74
                  10 HILL ROAD                       Owner Occupied          85.00          127,439.89           9.700
                  EFFORT, PA 18330                   First                  09/05/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090234         TAMALAVICZ                         1-Family               180              52,500.00          504.75
                  1610 SEXTON ST                     Owner Occupied          59.66           52,198.24           8.100
                  BALTIMORE, MD 21230                First                  08/13/2012       88,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090208         LAWRENCE                           1-Family               360              65,300.00          612.02
                  1773 VILLAGE GREEN DRIVE           Owner Occupied          89.45           65,274.70          10.800
                  LANDOVER, MD 20785                 First                  09/03/2027       73,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090420         WORTHY                             1-Family               360              69,000.00          693.85
                  2410 COLLEGE FARM ROAD             Owner Occupied          66.47           68,957.59          11.700
                  SHELBY, NC 28152                   First                  08/18/2027      103,800.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090232         MCCARTER                           1-Family               360              56,430.00          478.62
                  724 RHYNE STREET                   Owner Occupied          90.00           56,400.82           9.600
                  GASTONIA, NC 28052                 First                  09/03/2027       62,700.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090255         PINDELL                            1-Family               360              90,000.00          789.81
                  8877 LAKEFIELD COURT               Owner Occupied          90.00           89,920.05          10.000
                  GALLOWAY, OH 43119                 First                  08/26/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             47       Page Balance:    $1,024,899.42      Generated By: Dmenegus
<PAGE>   50
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>                 <C>
MC7090218         KING                               1-Family               360              84,000.00          709.38
                  11008 OLD COLUMBUS RD              Owner Occupied          80.00           83,959.11           9.550
                  SOUTH VIENNA, OH 45639             First                  09/02/2027      105,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090225         MCMURRAY                           1-Family               360              74,800.00          653.66
                  6426 PACE AVE                      Owner Occupied          85.00           74,732.84           9.950
                  CINCINNATI, OH 45219               First                  08/18/2027       88,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090209         SHAW                               1-Family               360              50,250.00          457.78
                  6475 JULIAN ROAD                   Owner Occupied          75.00           50,229.59          10.450
                  AMANDA, OH 43102                   First                  09/03/2027       67,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090235         BENKO                              1-Family               360              77,600.00          641.21
                  1705 MERL AVE                      Owner Occupied          80.00           77,560.19           9.300
                  CLEVELAND, OH 44109                First                  09/08/2027       97,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090217         EMMONS                             1-Family               360              76,950.00          605.37
                  4371 LESTON AVE                    Owner Occupied          90.00           76,861.12           8.750
                  HUBER HEIGHTS, OH 45424            First                  08/18/2027       85,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090410         RENATO                             1-Family               360              79,900.00          710.06
                  812 MASON STREET                   Owner Occupied          85.00           79,831.23          10.150
                  NILES, OH 44446                    First                  08/27/2027       94,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090237         HOBE-MARINO                        1-Family               360             109,650.00          998.92
                  1854 MAYWOOD ROAD                  Owner Occupied          85.00          109,650.00          10.450
                  SOUTH EUCLID, OH 44121             First                  11/01/2027      129,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090239         STEINWENDER                        1-Family               360             112,630.00          890.09
                  3179 COTTOMWOOD COURT              Owner Occupied          62.57          112,630.00           8.800
                  MILLERSPORT, OH 43046              First                  11/01/2027      180,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090213         KIDD                               1-Family               360              82,800.00          663.25
                  5289 GOLDEN FERN                   Owner Occupied          90.00           82,754.30           8.950
                  COLUMBUS, OH 43228                 First                  09/02/2027       92,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090223         BOSTOSKY                           1-Family               360              72,250.00          589.15
                  3031 DENNY ROAD                    Owner Occupied          85.00           72,173.22           9.150
                  RAVENNA, OH 44266                  First                  08/26/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090207         ROSS                               1-Family               360              58,000.00          479.25
                  10902 HULL AVENUE                  Owner Occupied          79.45           57,970.25           9.300
                  CLEVELAND, OH 44106                First                  09/02/2027       73,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090228         FANTI                              1-Family               360              76,000.00          732.39
                  600 CHRISTIE                       Owner Occupied          80.00           75,973.77          11.150
                  OTTAWA, IL 61350                   First                  09/02/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             48       Page Balance:      $954,325.62     Generated By: Dmenegus
<PAGE>   51
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
MC7090211         HATCHER JR                         1-Family               360              74,200.00          667.67
                  704 EAST BOWEN AVE                 Owner Occupied          70.00           74,138.16          10.300
                  CHICAGO, IL 60653                  First                  08/19/2027      106,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090342         HATCHER                            1-Family               360              74,900.00          685.14
                  4031 SOUTH VINCINNES AVE           Owner Occupied          70.00           74,809.68          10.500
                  CHICAGO, IL 60615                  First                  07/17/2027      107,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090385         O'NEAL                             1-Family               360              48,000.00          408.88
                  117 W 158TH PLACE                  Owner Occupied          73.85           47,862.20           9.650
                  HARVEY, IL 60425                   First                  08/06/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090253         CROMEENES                          1-Family               360              44,800.00          336.57
                  1901 MCCRARY                       Owner Occupied          80.00           44,742.66           8.250
                  METROPOLIS, IL 62960               First                  08/19/2027       56,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090212         HASKELL                            1-Family               360             290,000.00        2,502.20
                  1636 WEST PIERCE ST                Owner Occupied          86.57          289,866.12           9.800
                  CHICAGO, IL 60622                  First                  09/02/2027      335,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090233         GARRETT                            1-Family               360             113,050.00        1,098.01
                  2748 NORTH PARK AVE                Owner Occupied          85.00          112,973.31          11.250
                  SPRINGFIELD, MO 65803              First                  08/29/2027      133,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090219         MARTIN                             1-Family               360             268,000.00        2,137.13
                  320 VINCENT COURT                  Owner Occupied          80.00          267,699.96           8.900
                  LAKE BLUFF, IL 60044               First                  08/18/2027      335,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090214         PETERSDORF                         1-Family               360             108,000.00          943.79
                  9006 CHEYENNE COURT                Owner Occupied          90.00          107,951.71           9.950
                  MILWAUKEE, WI 53224                First                  09/08/2027      120,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090298         ADAMS                              1-Family               360              40,500.00          393.36
                  431 4TH AVENUE NW                  Owner Occupied          50.00           40,458.58          11.250
                  ONALASKA, WI 54650                 First                  07/28/2027       81,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090226         MORGAN                             1-Family               360              43,500.00          348.45
                  49 MILL PLACE                      Owner Occupied          70.16           43,451.80           8.950
                  NEW LEBANON, OH 45345              First                  08/25/2027       62,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090252         WILLIAMS                           1-Family               360              54,000.00          473.89
                  165 HWY 79/70 A                    Owner Occupied          90.00           53,952.02          10.000
                  HUMBOLDT, TN 38343                 First                  08/28/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090221         FRASER                             1-Family               360             156,220.00        1,553.00
                  440 BELMONT PARK TERRACE, #205     Owner Occupied          73.00          156,220.00          11.550
                  NASHVILLE, TN 37215                First                  11/01/2027      214,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             49       Page Balance:    $1,314,126.20      Generated By: Dmenegus
<PAGE>   52
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
MC7090337         GRILLION                           1-Family               360              31,500.00          314.35
                  2765 WASHINGTON                    Owner Occupied          81.82           31,470.16          11.600
                  GRANITE CITY, MO 63125             First                  07/15/2027       38,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090210         HAYDEN                             1-Family               360              53,125.00          478.03
                  10234 GREEN VALLEY                 Owner Occupied          85.00           53,080.73          10.300
                  DELLWOOD, MO 63136                 First                  08/20/2027       62,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090393         SKAGGS                             1-Family               360              29,200.00          253.03
                  1154 BELRUE AVE                    Owner Occupied          73.00           29,173.19           9.850
                  ST LOUIS, MO 63130                 First                  08/06/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090216         LEYES                              1-Family               360             184,000.00        1,527.08
                  7760 DELMONICO DRIVE               Owner Occupied          75.10          183,735.50           9.350
                  COLORADO SPRINGS, CO 80919         First                  08/18/2027      245,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090215         MACHLEIT                           1-Family               360             160,200.00        1,312.13
                  1726 DORSETT COURT                 Owner Occupied          90.00          160,116.07           9.200
                  SPRINGHILL, TN 37174               First                  09/03/2027      178,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090240         GUERRERO                           1-Family               360              94,000.00          759.73
                  5697 LAKE TISHOMINGO               Owner Occupied          69.89           94,000.00           9.050
                  HILLSBORO, MO 63050                First                  11/01/2027      134,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090224         MIGASI                             1-Family               360             112,500.00        1,105.50
                  403 MARSHALL RD                    Owner Occupied          75.00          112,463.25          11.400
                  BENSENVILLE, IL 60106              First                  09/08/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090797         ADAMS                              1-Family               360              86,000.00          746.78
                  3375 48TH AVENUE NE                Owner Occupied          75.11           85,679.34           9.875
                  SALEM, OR 97305                    First                  08/01/2027      116,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090827         CASH                               1-Family               360             104,550.00          964.19
                  1105 60TH AVENUE                   Owner Occupied          85.00          104,468.32          10.600
                  CAPITOL HEIGHTS, MD 20743          First                  08/20/2027      123,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090828         CASSIDY                            1-Family               360              43,350.00          469.39
                  1517 8TH AVE N                     Owner Occupied          88.47           43,317.86          12.700
                  GREAT FALLS, MT 59401              First                  07/29/2027       49,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090844         DVORKIS                            1-Family               360             266,590.00        2,193.17
                  7816 SANDY EAGLE LANE              Owner Occupied          74.88          263,953.08           9.250
                  LAS VEGAS, NV 89129                First                  08/26/2027      356,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090848         ELLIS                              1-Family               360             178,500.00        1,533.59
                  210 MOORE AVENUE                   Owner Occupied          85.00          178,332.77           9.750
                  FREEPORT, NY 11520                 First                  08/22/2027      210,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             50       Page Balance:    $1,339,790.27      Generated By: Dmenegus
<PAGE>   53
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>                 <C>
TC7090850         FAYNOR                             1-Family               360             129,600.00          973.64
                  307 ROUTE 376                      Owner Occupied          80.00          129,434.15           8.250
                  HOPEWELL JUNCTION, NY 12533        First                  08/21/2027      162,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090853         FLINT                              1-Family               360              77,600.00          771.43
                  3649 COLUMBUS AVE                  Owner Occupied          80.00           77,550.70          11.550
                  CINCINNATI, OH 45208               First                  08/18/2027       97,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090854         FORD                               1-Family               360              60,000.00          526.10
                  1 VENUS DRIVE                      Owner Occupied          58.82           59,946.58           9.990
                  LOUDONVILLE, NY 12211              First                  08/19/2027      102,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092136         RASSMUSSEN                         1-Family               360              78,200.00          683.38
                  5203 W. NOB HILL                   Owner Occupied          85.00           78,165.03           9.950
                  YAKIMA, WA 98908                   First                  09/04/2027       92,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092139         SMITH                              1-Family               360              32,000.00          319.34
                  58 HOLLY CT.                       Owner Occupied          47.76           31,956.73          11.600
                  HAMILTON, NJ 08690                 First                  07/01/2027       67,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090192         HIMES                              1-Family               360              49,125.00          516.68
                  ROAD 3 BOX 386A                    Owner Occupied          75.00           49,111.85          12.300
                  ALTOONA, PA 16601                  First                  10/01/2027       65,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090198         PULCINI                            1-Family               360              71,500.00          878.40
                  9216 DOUGLAS FIR DRIVE             Owner Occupied          55.00           71,488.54          14.550
                  PITTSBURGH, PA 15239               First                  10/01/2027      130,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090377         KRUGER                             1-Family               360              48,000.00          484.52
                  159 W. FRANKLIN                    Owner Occupied          75.00           48,000.00          11.750
                  WOODLAND, MI 48897                 First                  10/02/2027       64,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090675         BATTANI                            1-Family               360              76,000.00          718.03
                  1126 38TH STREET                   Owner Occupied          80.00           75,972.30          10.900
                  DES MOINES, IA 50311               First                  10/01/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090676         SMITH                              1-Family               360              45,000.00          454.23
                  777 CLAIRE STREET                  Owner Occupied          75.00           44,986.40          11.750
                  ROSSVILLE, GA 30741                First                  10/01/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FB7080821         HILE                               1-Family               360              49,000.00          560.79
                  301 SCHOOL STREET                  Owner Occupied          70.00           48,989.97          13.488
                  MERCER, PA 16137                   First                  10/01/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7075235         CUTTS                              1-Family               360              45,500.00          446.25
                  7946 SOUTH NORMAL BLVD             Owner Occupied          70.00           45,454.73          11.375
                  CHICAGO, IL 60620                  First                  08/01/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             51       Page Balance:      $761,056.98     Generated By: Dmenegus
<PAGE>   54
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
FC7080719         TOWNSEND                           1-Family               360              33,000.00          381.24
                  7351 S WOOD  ST                    Owner Occupied          60.00           32,993.45          13.625
                  CHICAGO, IL 60636                  First                  10/01/2027       55,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096030         PAUL                               1-Family               360              80,000.00          719.26
                  23388 BEIERMAN                     Owner Occupied          80.00           79,966.74          10.290
                  WARREN, MI 48091                   First                  10/01/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096043         STANLEY                            1-Family               360              56,000.00          614.66
                  18654 BRADSTREET ROAD              Owner Occupied          80.00           55,973.60          12.890
                  HUDSON, MI 49247                   First                  09/01/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096086         BROWN                              1-Family               360             160,000.00        1,463.58
                  3740  HIGHWAY 73 EAST              Owner Occupied          84.21          159,936.42          10.500
                  CONCORD, NC 28025                  First                  10/01/2027      190,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096125         TRANTER                            1-Family               360             213,750.00        1,797.33
                  9613 LARCHMEDE COURT               Owner Occupied          75.00          213,538.89           9.500
                  ELLICOTT CITY, MD 21042            First                  09/01/2027      285,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096152         ROLNY                              1-Family               360             100,000.00          768.91
                  12 SPINDLE HILL ROAD UNIT 6A       Owner Occupied          68.97           99,939.42           8.500
                  WOLCOTT, CT 06716                  First                  09/04/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096163         PEREZ-BROWN                        1-Family               360             425,000.00        3,604.68
                  235 W 56TH ST                      Owner Occupied          85.00          424,589.00           9.600
                  MONTCLAIR, NJ 07042                First                  09/01/2027      535,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090190         WILLIAMS, SR.                      1-Family               360              32,500.00          299.72
                  1159 SANTEE AVE.                   Owner Occupied          23.90           32,487.36          10.600
                  AKRON, OH 44306                    First                  09/30/2027      136,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090193         DUPONT                             1-Family               360              31,760.00          297.67
                  4745 CROWFOOT AVENUE               Owner Occupied          80.00           31,748.17          10.800
                  WAVERLY, MN 55390                  First                  10/01/2027       39,700.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090202         JANSEN                             1-Family               360             118,000.00          948.61
                  12141 MONSBROOK                    Owner Occupied          84.29          118,000.00           8.990
                  STERLING HEIGHTS, MI 48312         First                  10/02/2027      140,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090204         THOMAS                             1-Family               360              45,900.00          437.46
                  614 NORTH 16TH ST.                 Owner Occupied          85.00           45,900.00          11.010
                  HARRISBURG, PA 17103               First                  10/03/2027       54,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090205         BACIGALUPO                         1-Family               360              30,000.00          272.18
                  HC 1 BOX 819                       Owner Occupied          73.17           30,000.00          10.400
                  PENGILLY, MN 55775                 First                  11/01/2027       41,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             52       Page Balance:    $1,325,073.05      Generated By: Dmenegus
<PAGE>   55
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7090378         HANNAH                             1-Family               360              22,500.00          211.73
                  1773 HOYT STREET                   Owner Occupied          60.81           22,500.00          10.850
                  MUSKEGON, MI 49442                 First                  10/02/2027       37,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090380         FERRIER                            1-Family               360              64,000.00          621.61
                  9238 WHITBECK ROAD                 Owner Occupied          74.85           64,000.00          11.250
                  MONTAGUE, MI 49437                 First                  10/02/2027       85,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090381         HANKINS                            1-Family               360              64,000.00          607.07
                  805 BROCKWAY STREET                Owner Occupied          74.42           64,000.00          10.950
                  BOYNE CITY, MI 49712               First                  10/02/2027       86,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095993         BECK                               1-Family               360              75,000.00          574.03
                  4721 N PARK AVENUE                 Owner Occupied          71.43           74,954.10           8.450
                  INDIANAPOLIS, IN 46205             First                  10/01/2027      105,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MB7090044         Petrarca                           1-Family               360              80,000.00          752.08
                  129 CHARLOTTE DRIVE                Owner Occupied          31.01           79,970.45          10.838
                  WARWICK, RI 02886                  First                  10/01/2027      258,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090488         NARCISO                            1-Family               360             107,900.00          946.10
                  31 CLIFFORD ST                     Owner Occupied          84.96          107,852.17           9.990
                  TAUNTON, MA 02780                  First                  10/01/2027      127,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090515         SUPPA                              1-Family               360             147,700.00        1,295.08
                  18 KELVIN STREET                   Owner Occupied          70.00          147,634.52           9.990
                  EVERETT, MA 02149                  First                  10/01/2027      211,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090523         PAWLAK                             1-Family               360              64,600.00          637.26
                  247 POQUONOCK AVENUE               Owner Occupied          85.00           64,579.13          11.450
                  WINDSOR, CT 06095                  First                  10/01/2027       83,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090511         ROMANO                             1-Family               360             240,000.00        2,240.36
                  27 PINE CREEK AVE                  Owner Occupied          69.77          239,909.64          10.750
                  FAIRFIELD, CT 06430                First                  10/01/2027      344,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090527         TAGGART                            1-Family               360             118,500.00        1,205.24
                  118 DANIS PARK ROAD                Owner Occupied          75.00          118,464.95          11.850
                  GOFFSTOWN, NH 03045                First                  10/01/2027      158,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090492         PAPPA                              1-Family               360              45,000.00          394.57
                  97 2ND STREET                      Owner Occupied          81.82           44,959.95           9.990
                  CAMDEN, NY 13316                   First                  09/01/2027       55,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090503         Robinson                           1-Family               360             126,900.00        1,175.06
                  81 MEMPHIS AVENUE                  Owner Occupied          90.00          126,801.92          10.650
                  FLORAL PARK, NY 11001              First                  09/01/2027      141,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             53       Page Balance:    $1,155,626.83     Generated By: Dmenegus
<PAGE>   56
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
MC7090599         LAMPHERE                           1-Family               360              45,600.00          425.67
                  RD#2 HOWELL ROAD                   Owner Occupied          80.00           45,582.83          10.750
                  PORT BYRON, NY 13140               First                  10/01/2027       57,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090601         CAREY                              1-Family               360              63,000.00          576.29
                  1021 ROCK CITY FALLS ROAD          Owner Occupied          74.12           62,974.96          10.500
                  ROCK CITY FALLS, NY 12863          First                  10/01/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090529         FALLO                              1-Family               360             165,000.00        1,540.24
                  5 CLARK LANE                       Owner Occupied          75.69          164,937.89          10.750
                  BELMONT, MA 02178                  First                  10/01/2027      218,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090548         SUTHERLAND                         1-Family               360             101,500.00          815.96
                  RD1 MERWIN LAKE ROAD               Owner Occupied          79.92          101,444.44           8.990
                  KINDERHOOK, NY 12106               First                  10/01/2027      127,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090442         OZEGOVICH                          1-Family               360              81,700.00          613.78
                  196 SKYLINE DRIVE                  Owner Occupied          72.95           81,647.91           8.250
                  CORAM, NY 11727                    First                  10/01/2027      112,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090605         EAST                               1-Family               360             120,000.00          964.68
                  4038 MURDOCK AVENUE                Owner Occupied          68.57          119,934.32           8.990
                  BRONX, NY 10466                    First                  10/01/2027      175,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090553         WALROND                            1-Family               360              56,800.00          498.04
                  42 JOHN STREET                     Owner Occupied          47.73           56,749.43           9.990
                  ROOSEVELT, NY 11575                First                  09/01/2027      119,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090556         VOGEL                              1-Family               360             210,800.00        1,848.36
                  64 BIRCHWOOD DRIVE                 Owner Occupied          85.00          210,706.55           9.990
                  WILLIAMSVILLE, NY 14221            First                  10/01/2027      248,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090474         Wallace                            1-Family               360              55,000.00          442.15
                  72 NORMANDY AVENUE                 Owner Occupied          78.57           54,878.21           8.990
                  ROCHESTER, NY 14619                First                  07/01/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090606         CHAPLIN                            1-Family               360              38,300.00          364.45
                  202 SOUTH AVENUE                   Owner Occupied          72.81           38,286.31          10.990
                  SYRACUSE, NY 13204                 First                  10/01/2027       52,600.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090550         HEBERT                             1-Family               360              46,400.00          406.85
                  100 COMMERCIAL ST                  Owner Occupied          80.00           46,358.69           9.990
                  THERESA, NY 13691                  First                  09/01/2027       58,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090543         PALMER                             1-Family               360              56,000.00          470.88
                  538 N DAVIDSON ST                  Owner Occupied          80.00           55,972.45           9.500
                  BUFFALO, NY 14210                  First                  10/01/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             54       Page Balance:    $1,039,473.99     Generated By: Dmenegus
<PAGE>   57
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
MC7090505         Proulx                             1-Family               360              83,200.00          668.85
                  6181 MORRIS ROAD                   Owner Occupied          74.95           83,154.46           8.990
                  MARCY, NY 13403                    First                  10/01/2027      111,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090597         HARTWIG                            1-Family               360              83,600.00          672.06
                  2805 NORTH NINE MILE ROAD          Owner Occupied          72.70           83,508.14           8.990
                  ALLEGANY, NY 14706                 First                  09/01/2027      115,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090608         WORMLEY                            1-Family               360              30,000.00          263.05
                  15 OTIS STREET                     Owner Occupied          66.67           29,708.05           9.990
                  ROCHESTER, NY 14606                First                  09/01/2027       45,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090566         MURRAY                             1-Family               360              65,000.00          476.49
                  150 SOUTH OHIOVILLE RD             Owner Occupied          48.15           64,956.30           7.990
                  NEW PALTZ, NY 12561                First                  10/01/2027      135,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090603         SHEA                               1-Family               360              74,800.00          628.96
                  8961 NY ROUTE 66                   Owner Occupied          85.00           74,763.21           9.500
                  AVERILL PARK, NY 12018             First                  10/01/2027       88,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090557         ST. PIERRE                         1-Family               360              61,800.00          496.81
                  855 VLEY ROAD                      Owner Occupied          67.91           61,732.10           8.990
                  SCOTIA, NY 12302                   First                  09/01/2027       91,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090555         COSIMERO                           1-Family               360              72,250.00          580.82
                  1150 ROUTE 49                      Owner Occupied          85.00           72,210.45           8.990
                  CLEVELAND, NY 13042                First                  10/01/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090513         KISTELA                            1-Family               360             450,000.00        3,783.84
                  266 BRANCHVILLE ROAD               Owner Occupied          73.17          449,778.66           9.500
                  RIDGEVILLE, CT 06877               First                  10/01/2027      615,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090567         DAVIS                              1-Family               360              57,800.00          486.01
                  1050 JAMES STREET                  Owner Occupied          85.00           57,771.57           9.500
                  CLAYTON, NY 13624                  First                  10/01/2027       68,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090609         CARACAPPA                          1-Family               360             187,500.00        1,507.32
                  1585 CORNELIUS AVE                 Owner Occupied          75.00          187,293.97           8.990
                  WANTAGH, NY 11793                  First                  09/01/2027      250,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090552         SNYDER                             1-Family               360             118,525.00        1,039.27
                  R 4 SHORE DRIVE                    Owner Occupied          84.66          118,472.45           9.990
                  BREWSTER, NY 10509                 First                  10/01/2027      140,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090478         Reightmyer                         1-Family               360              66,000.00          628.03
                  BOX 192 KARAS ROAD                 Owner Occupied          75.00           65,976.42          10.990
                  RICHMONDVILLE, NY 12149            First                  10/01/2027       88,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             55       Page Balance:    $1,349,325.78     Generated By: Dmenegus
<PAGE>   58
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
MC7090585         STATHE                             1-Family               360              43,500.00          373.73
                  307 ELLISON STREET                 Owner Occupied          75.00           43,479.71           9.750
                  MONROE, NY 14609                   First                  10/01/2027       58,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090572         SINGH                              1-Family               360             198,000.00        1,848.30
                  2243 STORY AVENUE                  Owner Occupied          90.00          197,925.45          10.750
                  BRONX, NY 10473                    First                  10/01/2027      220,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090502         Reiner                             1-Family               360              76,200.00          612.57
                  37 FORESTDALE AVENUE               Owner Occupied          48.54           76,116.28           8.990
                  MONROE, NY 10950                   First                  09/01/2027      157,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090545         CARTER                             1-Family               360              58,000.00          596.60
                  2629 WEST LAFAYETTE AVENUE         Owner Occupied          80.00           57,983.00          12.000
                  BALTIMORE, MD 21216                First                  09/15/2027       72,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090562         SEYMOUR                            1-Family               360              95,000.00          763.71
                  5608 EATON COURT                   Owner Occupied          61.69           94,948.00           8.990
                  ALEXANDRIA, VA 22312               First                  10/01/2027      154,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090476         Brooks                             1-Family               360              61,000.00          557.99
                  6706 CHANDLER AVENUE               Owner Occupied          80.26           60,951.31          10.500
                  PENNSAUKEN, NJ 08705               First                  09/01/2027       76,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090571         BLANTON                            1-Family               360              64,600.00          627.43
                  104 QUAIL DRIVE                    Owner Occupied          85.00           64,556.19          11.250
                  SPARTANBURG, SC 29302              First                  09/01/2027       76,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090455         HARDY                              1-Family               240              66,300.00          683.89
                  4304 ACACIA DRIVE                  Owner Occupied          85.00           66,145.92          10.990
                  PENSACOLA, FL 32503                First                  08/27/2017       78,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090506         DeVault                            1-Family               360              83,300.00          730.40
                  5304 LAWRENCE STREET               Owner Occupied          70.00           83,125.00           9.990
                  CHILLICOTHE, IL 61523              First                  09/01/2027      119,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090560         NEITZEL                            1-Family               360              55,800.00          448.58
                  1136 EBELING DRIVE                 Owner Occupied          83.28           55,738.69           8.990
                  SOUTH BEND, IN 46615               First                  09/01/2027       67,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090504         Schroer                            1-Family               360              90,000.00          756.77
                  2715 NORTH LINN STREET             Owner Occupied          90.00           89,911.11           9.500
                  PEORIA, IL 61604                   First                  09/01/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090558         FOX                                1-Family               360              63,600.00          511.28
                  10320 SOUTH 51ST COURT             Owner Occupied          41.30           63,565.19           8.990
                  OAK LAWN, IL 60453                 First                  10/01/2027      154,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             56       Page Balance:      $954,445.85     Generated By: Dmenegus
<PAGE>   59
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
MC7090501         Ray                                1-Family               360              71,700.00          564.06
                  10040 SOUTH MAIN STREET            Owner Occupied          65.18           71,617.20           8.750
                  OAKLAWN, IL 60453                  First                  09/01/2027      110,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090549         CUCHETTO                           1-Family               360             110,400.00          837.17
                  118 SOUTH ARDMORE                  Owner Occupied          80.00          110,331.03           8.350
                  VILLA PARK, IL 60181               First                  10/01/2027      138,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090544         BORBEY                             1-Family               360             100,300.00          806.31
                  1829 HEATHER DRIVE                 Owner Occupied          85.00          100,245.10           8.990
                  AURORA, IL 60506                   First                  10/01/2027      118,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090604         ROCHELEAU                          1-Family               360             120,600.00        1,057.46
                  14803 HUBBARD STREET               Owner Occupied          90.00          120,492.63           9.990
                  LIVONIA, MI 48154                  First                  09/01/2027      134,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090621         ASPLUND                            1-Family               360             360,000.00        3,842.13
                  296 WEBSTER LAKE RD                Owner Occupied          80.00          359,907.87          12.500
                  WEST FRANKLIN, NH 03235            First                  10/01/2027      450,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
CC7080006         MONTGOMERY                         1-Family               360              30,400.00          291.53
                  5795 BRACE                         Owner Occupied          80.00           30,389.37          11.088
                  DETROIT, MI 48228                  First                  09/04/2027       38,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MB7090045         Stom                               1-Family               360             287,000.00        2,644.20
                  29 ISLAND AVENUE                   Owner Occupied          74.55          286,888.10          10.588
                  MADISON, CT 06443                  First                  10/01/2027      385,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090525         CARTER                             1-Family               360              41,200.00          361.26
                  18 BIRCH STREET                    Owner Occupied          84.95           41,163.31           9.990
                  WORCHESTER, MA 01610               First                  09/01/2027       49,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090540         DODD JR                            1-Family               360              55,800.00          514.60
                  5320 WASHBURN DRIVE                Owner Occupied          90.00           55,778.30          10.600
                  ADAMSVILLE, AL 35005               First                  10/01/2027       62,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090535         SCOTT                              1-Family               360              54,900.00          506.30
                  228 S HIGHWAY 25                   Owner Occupied          90.00           54,857.10          10.600
                  HAPRPERSVILLE, AL 35078            First                  09/01/2027       61,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090551         LOFTIN                             1-Family               360              95,500.00          767.73
                  120 ELK PLACE                      Owner Occupied          70.74           95,447.72           8.990
                  LONGMONT, CO 80501                 First                  10/01/2027      135,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090477         Hernandez                          1-Family               360              38,600.00          310.31
                  606 SOUTH WARREN STREET            Owner Occupied          84.84           38,557.58           8.990
                  SOUTH BEND, IN 46619               First                  09/01/2027       45,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             57       Page Balance:    $1,365,675.31     Generated By: Dmenegus
<PAGE>   60
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
MC7090565         PLATA                              1-Family               360              68,800.00          553.09
                  310 ASHLAND AVENUE                 Owner Occupied          84.94           68,762.34           8.990
                  AURORA, IL 60505                   First                  10/01/2027       81,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090554         KASALEK                            1-Family               360              58,200.00          437.24
                  5276 SHAMROCK CIRCLE               Owner Occupied          37.55           58,162.89           8.250
                  SALT LAKE CITY, UT 84118           First                  10/01/2027      155,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090563         ARELLANO                           1-Family               360              41,300.00          456.54
                  3518-3520 WEST DAKOTA AVENUE       Owner Occupied          40.49           41,280.96          12.990
                  DENVER, CO 80219                   First                  09/01/2027      102,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090475         Hatcher                            1-Family               360              56,300.00          452.60
                  1472 SOUTH 1000 WEST               Owner Occupied          50.72           56,269.18           8.990
                  SALT LAKE CITY, UT 84104           First                  10/01/2027      111,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090480         Errico                             1-Family               360             165,750.00        1,453.35
                  6 STONE COURT                      Owner Occupied          75.00          165,602.43           9.990
                  GREENLAWN, NY 11740                First                  09/01/2027      221,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090568         SMITH                              1-Family               360              45,600.00          399.84
                  182 OXFORD STREET                  Owner Occupied          80.00           45,579.78           9.990
                  BUFFALO, NY 14209                  First                  10/01/2027       57,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090317         DEMICO                             1-Family               360              95,000.00          830.19
                  1453 WEST BROAD STREET             Owner Occupied          63.33           94,957.52           9.950
                  STRATFORD, CT 06497                First                  10/01/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TB7080179         ANDERSON                           1-Family               360              71,625.00          730.58
                  654 FELLOWSHIP DRIVE               Owner Occupied          75.00           71,603.99          11.888
                  FERN PARK, FL 32730                First                  10/01/2027       95,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7074365         JOHNSON                            1-Family               360              60,000.00          630.51
                  2081 HILLVIEW ROAD                 Owner Occupied          54.55           59,967.62          12.288
                  MOUNDS VIEW, MN 55112              First                  09/01/2027      117,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7085833         WILBURN                            1-Family               360              83,700.00          733.91
                  522 MCFARLANE DRIVE                Owner Occupied          90.00           83,625.47           9.990
                  CHESTER, SC 29706                  First                  08/27/2027       93,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7100627         SMITH                              1-Family               360              92,000.00          946.32
                  1411 E. 72ND PLACE                 Owner Occupied          80.00           92,000.00          12.000
                  CHICAGO, IL 60619                  First                  10/07/2027      115,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090068         PHIFFER                            1-Family               360              29,250.00          333.88
                  746 N. 22ND ST.                    Owner Occupied          65.00           29,250.00          13.450
                  EAST ST. LOUIS, IL 62205           First                  10/06/2027       45,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             58       Page Balance:      $867,062.18     Generated By: Dmenegus
<PAGE>   61
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7090203         HOELDTKE                           1-Family               360              69,500.00          509.97
                  331 PROSPECT STREET                Owner Occupied          81.76           69,500.00           8.000
                  VASSAR, MI 48768                   First                  10/02/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090370         THOMAS                             1-Family               360              25,500.00          233.26
                  623 EOLA STREET                    Owner Occupied          75.00           25,489.87          10.500
                  HARRISON, MI 48625                 First                  10/01/2027       34,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090372         SABO, JR.                          1-Family               360              42,400.00          411.81
                  2168 NORTHLAND                     Owner Occupied          74.71           42,400.00          11.250
                  MORLEY, MI 49336                   First                  10/10/2027       56,750.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090831         FRYBARGER                          1-Family               360              58,500.00          518.14
                  961 OXFORD STREET                  Owner Occupied          51.77           58,474.72          10.110
                  MILLVILLE, OH 45013                First                  09/30/2027      113,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7091126         NELSON                             1-Family               360              51,000.00          540.35
                  122 WESTGATE DR.                   Owner Occupied          75.00           50,986.65          12.400
                  AMES, NE 68621                     First                  09/30/2027       68,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7091137         DAVIDSON                           1-Family               360              23,000.00          218.86
                  5212 YEW LANE                      Owner Occupied          58.97           23,000.00          10.990
                  LOUISVILLE, KY 40213               First                  10/02/2027       39,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7091149         WAINSCOTT                          1-Family               360              77,200.00          700.41
                  124 BOWEN DR.                      Owner Occupied          77.20           77,200.00          10.400
                  LAWRENCEBURG, KY 40342             First                  10/02/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100157         FLEMING JR.                        1-Family               360              23,250.00          253.56
                  8146 FLORA                         Owner Occupied          75.00           23,250.00          12.800
                  KANSAS CITY, MO 64130              First                  10/06/2027       31,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FB7090725         KOUVARAS                           1-Family               360              63,200.00          639.79
                  760 ATHALIA STREET                 Owner Occupied          80.00           63,181.04          11.788
                  BADEN, PA 15005                    First                  10/01/2027       79,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7090384         VELA                               1-Family               360             120,000.00        1,159.87
                  1618 W. ERIE                       Owner Occupied          60.00          119,958.93          11.188
                  CHICAGO, IL 60622                  First                  10/01/2027      200,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NB7040211         PAPALEO                            1-Family               360              60,000.00          546.07
                  16458 HINDS ROAD                   Owner Occupied          49.02           59,975.83          10.438
                  HOLLEY, NY 14470                   First                  10/01/2027      122,400.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NB7050135         TALARICO                           1-Family               360              65,000.00          643.10
                  1394 HIGBY ROAD                    Owner Occupied          53.28           64,979.17          11.488
                  FRANKFORT, NY 13340                First                  10/01/2027      122,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             59       Page Balance:      $678,396.21     Generated By: Dmenegus
<PAGE>   62
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
NB7050211         BURKE                              1-Family               360             212,000.00        1,953.21
                  6 SARAH COURT                      Owner Occupied          80.00          211,917.34          10.588
                  SOUTH BRUNSWICK, NJ 08852          First                  10/01/2027      280,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NB7080031         JAMHOUR                            1-Family               360              48,000.00          473.08
                  259 PACIFIC STREET                 Owner Occupied          80.00           47,984.44          11.438
                  PATERSON, NJ 07503                 First                  10/01/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NB7080122         JUSZKIEWICZ                        1-Family               360              70,000.00          624.05
                  105 WHITNEY PLACE                  Owner Occupied          44.87           69,970.25          10.188
                  CHEEKTOWAGA, NY 14227              First                  10/01/2027      156,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NB7080166         MATTIEX                            1-Family               360             180,523.00        1,562.65
                  62 WHITE OAK BEND                  Owner Occupied          85.00          180,440.34           9.838
                  TOWN OF CHILI, NY 14624            First                  10/01/2027      213,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7091245         HONEYWELL                          1-Family               360              61,000.00          575.39
                  380 MILLER DRIVE                   Owner Occupied          59.22           60,977.68          10.880
                  ELGIN, IL 60123                    First                  10/01/2027      109,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095051         MAIELLANO                          1-Family               360              59,430.00          611.30
                  2 AVONBROOK                        Owner Occupied          70.00           59,076.48          12.000
                  TURNERSVILLE, NJ 08012-            First                  08/01/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7091125         FOWLER                             1-Family               360              40,495.00          485.59
                  413 5TH AVENUE                     Owner Occupied          65.00           40,487.93          14.180
                  ROCK FALLS, IL 61071               First                  10/01/2027       62,300.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096049         VILLARREAL                         1-Family               360              27,200.00          222.79
                  2533 STAIR                         Owner Occupied          85.00           27,171.37           9.200
                  DETOIT, MI 48209-                  First                  09/01/2027       32,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096051         UMBREIT                            1-Family               360              32,000.00          449.73
                  5592 CEDAR ST                      Owner Occupied          80.00           31,993.83          16.750
                  FORRESTVILLE, MI 48434-            First                  09/01/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TB7060088         WILBER                             1-Family               360              54,000.00          586.31
                  185 POST ROAD                      Owner Occupied          64.29           54,000.00          12.738
                  WEST PALM BEACH, FL 33406          First                  11/01/2027       84,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TB7080341         SITZLER                            1-Family               360             172,000.00        1,501.55
                  123 HARTFORD VILLAGE WAY           Owner Occupied          80.00          172,000.00           9.938
                  KINGSTON, TN 37763                 First                  11/01/2027      215,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TB7090446         MONTEAGUDO                         1-Family               360              60,000.00          519.38
                  2807 CASS STREET WEST              Owner Occupied          75.00           59,972.52           9.838
                  TAMPA, FL 33609                    First                  10/01/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             60       Page Balance:    $1,015,992.18     Generated By: Dmenegus
<PAGE>   63
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TB7090452         HEFFNER                            1-Family               360             196,000.00        1,660.68
                  22004 MARTELLA AVENUE              Owner Occupied          80.00          196,000.00           9.588
                  BOCA RATON, FL 33433               First                  11/01/2027      245,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TB7090464         KELLEY                             1-Family               360              42,250.00          437.46
                  707 SOUTHWEST RAVENSWOOD LANE      Owner Occupied          62.13           42,250.00          12.088
                  PORT SAINT LUCIE, FL 34983         First                  11/01/2027       68,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092635         WILLIAMS                           1-Family               360              48,025.00          442.90
                  10304 NELSON AVENUE                Owner Occupied          85.00           48,006.32          10.600
                  CLEVELAND, OH 44105                First                  09/17/2027       56,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092685         GUTIERREZ                          1-Family               360              44,550.00          581.17
                  127 A HIGHWAY 240                  Owner Occupied          55.00           44,538.46          15.500
                  RANCHOS DE TAOS, NM 87557          First                  09/01/2027       81,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092690         HOAGLUND                           1-Family               360              42,000.00          553.98
                  10130 254TH AVE                    Owner Occupied          51.85           41,989.57          15.680
                  ZIMMERMAN, MN 55398                First                  09/01/2027       81,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092717         SMITH                              1-Family               360              93,000.00          802.44
                  1806 SUNSET RD SE                  Owner Occupied          69.92           92,957.06           9.800
                  RIO RANCHO, NM 87124               First                  10/01/2027      133,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092955         LOWELL                             1-Family               360             146,200.00        1,502.71
                  46 RIC COURT                       Owner Occupied          85.00          146,158.07          11.990
                  NORTH BEADFORD, CT 06471           First                  09/15/2027      172,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092699         LOTHERT                            1-Family               360              49,875.00          524.57
                  403 6TH ST                         Owner Occupied          75.00           49,861.65          12.300
                  DANUBE, MN 56230                   First                  10/01/2027       66,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092710         ROMERO                             1-Family               360              62,980.00          657.54
                  854 PALO DURO NW                   Owner Occupied          70.76           62,945.34          12.200
                  ALBUQUERQUE, NM 87107              First                  09/01/2027      113,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092703         METOYER                            1-Family               360              98,800.00          949.87
                  6600 SAN BERNARDINO                Owner Occupied          80.00           98,644.35          11.120
                  ALBUQUERQUE, NM 87109              First                  09/01/2027      123,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092997         BOND                               1-Family               360              28,275.00          254.43
                  5729 ERA                           Owner Occupied          65.00           28,251.42          10.300
                  ST. LOUIS, MO 63136                First                  09/01/2027       43,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093005         CHANDLER                           1-Family               360              60,775.00          551.40
                  1527 WINGFIELD DRIVE               Owner Occupied          85.00           60,725.42          10.400
                  JACKSON, MS 39204                  First                  09/01/2027       71,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             61       Page Balance:      $912,327.66     Generated By: Dmenegus
<PAGE>   64
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7093016         GIRKIN                             1-Family               360              63,000.00          569.24
                  2501 57TH STREET                   Owner Occupied          90.00           62,948.05          10.350
                  DES MOINES, IA 50310               First                  09/01/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093017         GOOTEE                             1-Family               360              46,500.00          430.58
                  233 DAVIS STREET                   Owner Occupied          75.12           46,464.06          10.650
                  NORTH VERNON, IN 47265             First                  09/01/2027       61,900.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093019         HOSKINS                            1-Family               360              52,700.00          499.89
                  4618 SHIRLEY PLACE                 Owner Occupied          85.00           52,661.82          10.950
                  ST. LOUIS, MO 63115                First                  09/01/2027       62,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NC7080176         MICHAELS                           1-Family               360             258,400.00        2,039.86
                  8 HAMPTON COURT                    Owner Occupied          80.00          258,252.49           8.788
                  MONTGOMERY, NJ 08588               First                  10/01/2027      335,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7091244         MOHR                               1-Family               360              48,675.00          481.28
                  915 16TH STREET                    Owner Occupied          75.00           48,659.38          11.480
                  ROCKFORD, IL 61104                 First                  10/01/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095991         ALFORD                             1-Family               360              26,000.00          237.64
                  20010 LINDSAY                      Owner Occupied          59.09           25,989.64          10.490
                  DETROIT, MI 48235                  First                  09/12/2027       44,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096009         HALL                               1-Family               360              76,100.00          672.90
                  4508 SOUTH HURON RIVER DRIVE       Owner Occupied          63.42           76,066.97          10.090
                  FLAT ROCK, MI 48134                First                  10/01/2027      120,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096216         WHORLEY                            1-Family               360             112,000.00          921.40
                  74 ARCH STREET                     Owner Occupied          78.60          111,883.42           9.250
                  PATERSON, NJ 07522                 First                  09/01/2027      142,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096222         CALLAHAN                           1-Family               360              65,250.00          719.25
                  105 EAST VANBUREN AVENUE           Owner Occupied          75.00           65,234.91          12.950
                  NEW CASTLE, DE 19720               First                  09/18/2027       87,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096244         NELSON                             1-Family               360              88,500.00          826.14
                  100 KENSINGTON AVENUE              Owner Occupied          73.75           88,466.67          10.750
                  JERSEY CITY, NJ 07303              First                  09/17/2027      120,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096254         SLAGLE                             1-Family               360             216,000.00        2,016.32
                  61 PLEASANT STREET                 Owner Occupied          80.00          215,918.68          10.750
                  DOVER, MA 02030                    First                  09/15/2027      282,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091307         ARENA                              1-Family               360             184,000.00        1,513.72
                  23279 3RD PLACE W                  Owner Occupied          79.31          183,711.63           9.250
                  BOTHELL, WA 98021                  First                  08/01/2027      232,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             62       Page Balance:    $1,236,257.72      Generated By: Dmenegus
<PAGE>   65
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7091311         GUTIERREZ                          1-Family               360              60,800.00          596.31
                  6651 LOCUST ST                     Owner Occupied          80.00           60,759.85          11.375
                  COMMERCE CITY, CO 80020            First                  09/01/2027       76,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091390         KLUBNIKIN                          1-Family               360              68,000.00          571.78
                  433 SICILY                         Owner Occupied          52.31           67,932.84           9.500
                  MORRO BAY, CA 93442                First                  09/01/2027      130,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091715         SCANDURA                           1-Family               360             152,100.00        1,323.56
                  1 LEWIS AVENUE                     Owner Occupied          90.00          152,031.27           9.900
                  NEW HYDE PARK, NY 11040            First                  09/02/2027      169,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091812         LINDSEY                            1-Family               360             101,250.00          887.79
                  3718 36TH ST.                      Owner Occupied          85.08          101,159.86           9.990
                  MT. RAINIER, MD 20712              First                  08/29/2027      119,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091825         BAUER                              1-Family               360              45,000.00          361.76
                  365 VALDEZ RD.                     Owner Occupied          22.06           44,875.37           8.990
                  VALDEZ, NM 87580                   First                  09/04/2027      204,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091857         COLSON                             1-Family               360              63,750.00          595.09
                  3786 NW 205TH ST                   Owner Occupied          70.83           63,677.36          10.750
                  CAROL CITY, FL 33055               First                  08/01/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092084         CARTER                             1-Family               360              45,900.00          402.47
                  1121 9TH STREET                    Owner Occupied          90.00           45,879.65           9.990
                  TELL CITY, IN 47586                First                  09/11/2027       51,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092468         CHRISTIANI                         1-Family               360              52,000.00          381.20
                  360 QUINCY STREET                  Owner Occupied          41.60           51,964.38           7.990
                  BROOKLYN, NY 11216                 First                  09/12/2027      125,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092469         DANIELS                            1-Family               360              63,657.00          523.69
                  3169 ASHWOOD ROAD                  Owner Occupied          67.01           63,624.00           9.250
                  CLEVELAND, OH 44120                First                  09/15/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092470         DARBY                              1-Family               360              99,000.00          814.45
                  46 MOUNTAIN VIEW DRIVE             Owner Occupied          90.00           98,948.68           9.250
                  EAST HARTFORD, CT 06108            First                  09/04/2027      110,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092472         DOHERTY                            1-Family               360              84,000.00          721.69
                  601 CLINTON STREET                 Owner Occupied          84.00           83,960.81           9.750
                  FAYETTEVILLE, NY 13066             First                  09/03/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092473         FROST                              1-Family               360              36,400.00          319.17
                  3203 AMES RD                       Owner Occupied          70.00           36,383.86           9.990
                  CHARLOTTE, NY 14718                First                  09/02/2027       52,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             63       Page Balance:      $871,197.93     Generated By: Dmenegus
<PAGE>   66
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7092475         GIRTS                              1-Family               360             135,900.00        1,092.50
                  S-6419 VERSAILLES ROAD             Owner Occupied          90.00          135,825.62           8.990
                  LAKEVIEW, NY 14085                 First                  09/15/2027      151,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092477         HICKS                              1-Family               360              55,230.00          515.56
                  1846 TAYLOR RD                     Owner Occupied          70.00           55,209.21          10.750
                  EAST CLEVELAND, OH 44112           First                  09/12/2027       78,900.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092478         HOBBA                              1-Family               360              74,000.00          690.78
                  8789 CHESTNUT RIDGE RD             Owner Occupied          80.00           73,872.14          10.750
                  ROYALTON, NY 14067                 First                  09/10/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092479         HOFF                               1-Family               360              45,500.00          467.67
                  3929 COUNTY ROAD #46               Owner Occupied          70.00           45,486.95          11.990
                  CANANDAIGUA, NY 14424              First                  09/15/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090371         BALDWIN                            1-Family               360              44,800.00          393.15
                  327 GARFIELD                       Owner Occupied          74.67           44,800.00          10.000
                  KALAMAZOO, MI 49001                First                  10/02/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7090082         HENDERSON                          1-Family               360              32,000.00          340.04
                  20233 BIRWOOD                      Owner Occupied          80.00           31,983.30          12.440
                  DETROIT, MI 48221                  First                  09/01/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7090083         HALL                               1-Family               360              41,250.00          420.82
                  3561 EAST A[PPLE                   Owner Occupied          75.00           41,225.68          11.890
                  INDIANAPOLIS, IN 46203             First                  09/01/2027       55,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7090130         HILL                               1-Family               360              60,000.00          679.71
                  338-340 NORTH SUMMIT               Owner Occupied          80.00           59,858.91          13.340
                  INDIANAPOLIS, IN 46201             First                  09/01/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7090795         WHITE                              1-Family               360              68,000.00          696.22
                  18453 BILTMORE                     Owner Occupied          80.00           67,980.27          11.938
                  DETROIT, MI 48236                  First                  10/01/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096052         WEST                               1-Family               360              99,450.00          950.85
                  4393 KILLARNEY PARK                Owner Occupied          85.00           99,379.52          11.050
                  BURTON, MI 48529                   First                  09/01/2027      117,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096246         PAVEZ                              1-Family               360             116,900.00        1,112.38
                  9232 CRESCENT DRIVE                Owner Occupied          89.99          116,517.10          10.990
                  FRANKLIN, IL 60131                 First                  08/27/2027      132,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096251         RESENDES                           1-Family               360             108,000.00        1,057.18
                  133 SAYLES AVENUE                  Owner Occupied          80.00          107,964.32          11.350
                  BURRILLVILLE, RI 02859             First                  09/23/2027      135,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             64       Page Balance:      $880,103.02     Generated By: Dmenegus
<PAGE>   67
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
FC7096353         BRAUN                              1-Family               360             149,400.00        1,309.99
                  24 MORTON COURT                    Owner Occupied          90.00          149,333.77           9.990
                  EAST BRUNSWICK, NJ 08816           First                  09/22/2027      166,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7100020         CARGERMAN                          1-Family               360             144,000.00        1,360.48
                  3051 SILVER RIDGE DRIVE            Owner Occupied          80.00          143,947.52          10.900
                  OREGON, IL 61061                   First                  10/01/2027      180,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7100081         PORCIA JR                          1-Family               360              54,000.00          576.32
                  3229 BLACKSTONE AVENUE             Owner Occupied          73.97           53,986.18          12.500
                  ROCKFORD, IL 61101                 First                  10/01/2027       74,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090064         SHADE                              1-Family               360              60,000.00          548.84
                  RR 1 BOX 1218                      Owner Occupied          80.00           60,000.00          10.500
                  ALTOONA, PA 16601                  First                  10/08/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090382         NIESCHULZ                          1-Family               360              97,600.00          947.95
                  1296 VAN DYKE                      Owner Occupied          74.50           97,600.00          11.250
                  BAD AXE, MI 48413                  First                  10/02/2027      131,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095042         AMTHOR                             1-Family               360              34,000.00          297.12
                  3109 N. SEVEN MILE ROAD            Owner Occupied          85.00           33,984.80           9.950
                  PINCONNING, MI 48650               First                  10/01/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095046         VARDINSKI                          1-Family               360              34,000.00          317.38
                  315 S. FLOOD                       Owner Occupied          77.71           33,987.20          10.750
                  NORMAN, OK 73069                   First                  10/01/2027       43,750.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095047         MERRITT                            1-Family               360              22,500.00          241.88
                  135 EAST OLDFIELD STREET           Owner Occupied          75.00           22,500.00          12.600
                  ALPENA, MI 49707                   First                  10/02/2027       30,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7070922         SCHOENECKER                        1-Family               360             132,000.00        1,458.95
                  10516 SOUTH KOLMAR                 Owner Occupied          80.00          131,939.13          12.988
                  OAK LAWN, IL 60453                 First                  09/01/2027      169,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7090129         GILLETTE                           1-Family               360             112,200.00          822.51
                  8379 NEW BRADFORD                  Owner Occupied          85.00          112,048.61           7.990
                  STERLING HEIGHTS, MI 48312         First                  09/01/2027      132,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7090131         SCANLON                            1-Family               360              96,000.00          854.56
                  333 9TH ST                         Owner Occupied          81.36           95,917.73          10.170
                  PROCTOR, MN 55810                  First                  09/01/2027      118,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7091124         GROSS                              1-Family               360              39,950.00          379.85
                  1141 KENWOOD AVENUE                Owner Occupied          72.64           39,935.69          10.980
                  BELOIT, WI 53511                   First                  10/01/2027       55,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             65       Page Balance:      $975,180.63     Generated By: Dmenegus
<PAGE>   68
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
FC7095321         MULLAGAN                           1-Family               360             280,000.00        2,455.14
                  44 TERRY ROAD                      Owner Occupied          80.00          279,750.69           9.990
                  NORTHPORT, NY 11768                First                  09/01/2027      350,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095899         REZENDES                           1-Family               360              65,000.00          594.59
                  34 CHESTER AVE                     Owner Occupied          43.33           64,974.16          10.500
                  WINTHROP, MA 02152                 First                  10/01/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096006         FRANCIS                            1-Family               360              52,200.00          618.51
                  3541 W 117TH STREET                Owner Occupied          58.65           52,180.87          14.000
                  CLEVELAND, OH 44111                First                  09/01/2027       89,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096008         GIROUX                             1-Family               360              90,000.00          823.27
                  9625 MELROSE                       Owner Occupied          56.25           89,964.23          10.500
                  LIVONIA, MI 48150                  First                  10/01/2027      160,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096013         HOOVER                             1-Family               360              92,000.00          876.14
                  4210 ROBINA                        Owner Occupied          76.67           91,934.08          11.000
                  BERKLEY, MI 48072                  First                  09/01/2027      120,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096018         JOSEPH                             1-Family               360              26,625.00          243.55
                  18970 SHIAWASSEE                   Owner Occupied          75.00           26,603.75          10.500
                  DETROIT, MI 48219                  First                  09/01/2027       35,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096019         JUMISKO                            1-Family               360              50,000.00          529.76
                  4654 OAK DRIVE                     Owner Occupied          80.00           49,973.68          12.400
                  WEST BRANCH, MI 48661              First                  09/01/2027       64,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096050         UPHOFF                             1-Family               360              91,500.00          806.36
                  26606 WOODINGHAM                   Owner Occupied          74.39           91,459.95          10.050
                  WARREN, MI 48091                   First                  10/01/2027      123,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096150         PAUL                               1-Family               360             138,000.00        1,210.03
                  568 ORITANI PLACE                  Owner Occupied          73.40          137,938.82           9.990
                  TEANECK, NJ 07666                  First                  09/17/2027      188,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096357         FEINSTEIN                          1-Family               360             332,000.00        2,889.03
                  8 NOTTINGHAM ROAD                  Owner Occupied          80.00          331,849.97           9.900
                  ROCKVILLE CENTRE, NY 11570         First                  09/23/2027      420,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096358         FREY                               1-Family               360              70,000.00          624.67
                  25 MORSE AVE                       Owner Occupied          45.75           69,970.33          10.200
                  RUTHERFORD, NJ 07070               First                  10/01/2027      153,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096370         O'SHEA                             1-Family               360             196,000.00        1,633.79
                  115 ARGYLE ROAD                    Owner Occupied          80.00          195,901.54           9.400
                  STEWART MANOR, NY 11530            First                  09/18/2027      245,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             66       Page Balance:    $1,482,502.07     Generated By: Dmenegus
<PAGE>   69
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
FC7096375         SPIERTO                            1-Family               360             165,750.00        1,393.72
                  16 TEX CT                          Owner Occupied          85.00          165,668.47           9.500
                  ISLIP, NY 11751                    First                  09/22/2027      195,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7100080         HOOKER                             1-Family               360              32,000.00          302.09
                  1014 LINCOLN AVENUE                Owner Occupied          80.20           31,988.31          10.890
                  BELOIT, WI 53511                   First                  10/01/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7080128         GRANT, JR.                         1-Family               360              93,000.00          765.09
                  7959 ELVATON ROAD                  Owner Occupied          84.93           92,903.20           9.250
                  GLEN BURNIE, MD 21061              First                  09/01/2027      109,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091076         MAIL                               1-Family               360              72,900.00          639.21
                  2813 INLAND PLACE                  Owner Occupied          90.00           72,867.68           9.990
                  MIDDLETOWN, OH 45042               First                  09/02/2027       81,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091093         RUPP                               1-Family               360              77,600.00          792.24
                  424 16TH STREET SE                 Owner Occupied          80.00           77,554.36          11.900
                  SALEM, OR 97301                    First                  09/01/2027       98,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091095         RIGNEY                             1-Family               360             358,000.00        3,139.06
                  19302 TURKEY ROAD                  Owner Occupied          70.89          357,681.26           9.990
                  ROCKVILLE, VA 23146                First                  08/28/2027      505,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091105         THOMPSON                           1-Family               360              56,500.00          546.62
                  4807 PILGRAM ROAD                  Owner Occupied          70.63           56,461.24          11.200
                  BALTIMORE, MD 21214                First                  08/27/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091108         WALKER                             1-Family               360              59,000.00          517.33
                  77 MACARTHUR BLVD.                 Owner Occupied          52.68           58,947.48           9.990
                  COVENTRY, RI 02816                 First                  08/28/2027      112,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091112         WILLIAMS                           1-Family               360              55,500.00          452.57
                  2594 NONA RD                       Owner Occupied          77.08           55,441.01           9.150
                  COLUMBUS, OH 43207                 First                  08/27/2027       72,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091169         BARTELT                            1-Family               360              50,400.00          420.12
                  4521 HADDINGTON DRIVE              Owner Occupied          80.00           50,374.68           9.400
                  TOLEDO, OH 43623                   First                  09/02/2027       63,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091173         HERTHOGE                           1-Family               360              37,875.00          360.41
                  725 CARLTON ST                     Owner Occupied          75.00           37,861.46          10.990
                  MISHAWAKA, IN 46544                First                  09/02/2027       50,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091174         HOMER                              1-Family               360              56,950.00          531.62
                  719 W 48TH PLACE                   Owner Occupied          85.00           56,928.56          10.750
                  CHICAGO, IL 60609                  First                  09/04/2027       67,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             67       Page Balance:    $1,114,677.71    Generated By: Dmenegus
<PAGE>   70
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7091176         MILLER                             1-Family               360              55,875.00          489.93
                  7785 BLACK CHAPEL RD               Owner Occupied          75.00           55,850.23           9.990
                  ELIZABETH, IN 47117                First                  09/03/2027       74,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091178         HOMER                              1-Family               360              52,000.00          516.94
                  2012 W 68TH PL                     Owner Occupied          80.00           51,966.96          11.550
                  CHICAGO, IL 60636                  First                  08/29/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091183         SCHOENBERGER                       1-Family               360              81,600.00          655.99
                  1680 HILLSBURY DR                  Owner Occupied          80.00           81,510.33           8.990
                  GALLOWAY, OH 43119                 First                  08/27/2027      102,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091185         TATTON                             1-Family               360              34,000.00          292.11
                  124 PATIO RAOD                     Owner Occupied          45.33           33,968.15           9.750
                  MIDDLETWON, NY 10946               First                  08/29/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091316         RINO                               1-Family               360             123,200.00          990.41
                  512 E BATES AVE                    Owner Occupied          80.00          123,131.97           8.990
                  BYERS, CO 80103                    First                  09/03/2027      154,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091321         TRYBENDIS                          1-Family               360              61,600.00          575.02
                  136 NORTH MAIN STREET              Owner Occupied          80.00           61,576.81          10.750
                  PORT HENRY, NY 12794               First                  09/04/2027       77,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091322         PAPA                               1-Family               360             140,800.00        1,261.71
                  7 TWIN COURT                       Owner Occupied          80.00          140,681.41          10.250
                  SAYVILLE, NY 11782                 First                  08/29/2027      176,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091323         MITCHELL                           1-Family               360              61,200.00          568.99
                  101 HICKORY HOLLOW DR              Owner Occupied          85.00           61,176.71          10.700
                  MADISONVILLE, KY 42431             First                  09/04/2027       72,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091326         TUTTEROW                           1-Family               360              95,200.00          888.67
                  1045 CENTER ST                     Owner Occupied          85.00           95,164.16          10.750
                  MARTINSVILLE, IN 46151             First                  09/04/2027      112,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091327         KEOUGH                             1-Family               360             154,000.00        1,266.92
                  74 BAY AVENUE                      Owner Occupied          55.00          153,920.16           9.250
                  HUNTINGTON, NY 11743               First                  09/02/2027      280,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091335         WILCZAK                            1-Family               360              51,850.00          426.56
                  132 GOETHE STREET                  Owner Occupied          85.00           51,796.03           9.250
                  BUFFALO, NY 14206                  First                  08/29/2027       61,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091336         DALRYMPLE                          1-Family               360              75,000.00          742.15
                  906 SOUTH KRAMERIA                 Owner Occupied          75.00           74,951.73          11.490
                  DENVER, CO 80224                   First                  09/01/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             68       Page Balance:      $985,694.65     Generated By: Dmenegus
<PAGE>   71
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7091377         MARKLE                             1-Family               360              96,000.00          771.75
                  8404 WEST ASHFORD LANE             Owner Occupied          80.00           95,947.45           8.990
                  MUNCIE, IN 47304                   First                  09/05/2027      120,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091381         SALAS                              1-Family               360              32,800.00          287.60
                  217 W SUNSET DR                    Owner Occupied          80.00           32,785.46           9.990
                  SUPERIOR, AZ 85273                 First                  09/04/2027       41,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091383         SMITH                              1-Family               360             123,200.00        1,172.33
                  23609 NE WEAKLEY ROAD              Owner Occupied          80.00          123,155.98          10.990
                  CAMAS, WA 98607                    First                  09/04/2027      154,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091384         THERRIAULT                         1-Family               360              67,350.00          541.43
                  208 CERRO DE ORTEGA                Owner Occupied          75.00           67,313.13           8.990
                  RIO RANCHO, NM 87124               First                  09/04/2027       93,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091386         WEIDNER                            1-Family               360              63,750.00          619.18
                  3209 WESTLAWN DR                   Owner Occupied          75.00           63,728.48          11.250
                  FORT WAYNE, IN 46804               First                  09/09/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091387         WIEST                              1-Family               360              70,000.00          609.13
                  331 AND 337 NW 14TH AVE            Owner Occupied          53.85           69,968.37           9.900
                  CAMAS, WA 98607                    First                  09/03/2027      139,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091688         ASLAM                              1-Family               360             106,000.00          906.04
                  796 BLOOMFIELD LN                  Owner Occupied          89.68          105,949.91           9.690
                  AURORA, IL 60504                   First                  09/08/2027      120,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091689         BUKOFSKY                           1-Family               360             105,000.00          826.04
                  37 FIESTA DRIVE                    Owner Occupied          76.64          104,939.59           8.750
                  CENTEREACH, NY 11720               First                  09/03/2027      137,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091696         GOODEN                             1-Family               360              42,000.00          431.69
                  65 FLANDERS STREET                 Owner Occupied          70.00           41,987.96          11.990
                  ROCHESTER, NY 14619                First                  09/04/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091697         HENDRICK                           1-Family               360             135,000.00        1,440.80
                  141 REDFIELD LANE                  Owner Occupied          75.00          134,930.54          12.500
                  LAKESIDE, MT 59922                 First                  08/19/2027      180,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091702         JONES                              1-Family               360              44,100.00          378.89
                  11 MILDRED AVENUE                  Owner Occupied          90.00           44,079.42           9.750
                  CORTLAND, NY 13045                 First                  09/03/2027       49,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091704         LEFF                               1-Family               360             161,000.00        1,411.70
                  WHITEFACE INN ROAD UNIT 30         Owner Occupied          70.00          160,856.66           9.990
                  LAKE PLACID, NY 12946              First                  08/29/2027      230,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             69       Page Balance:    $1,045,642.95      Generated By: Dmenegus
<PAGE>   72
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7091713         ROUGEUX                            1-Family               360              79,200.00          636.69
                  129 STANLEY STREET                 Owner Occupied          90.00           79,156.65           8.990
                  NEENAH, WI 54956                   First                  09/08/2027       88,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091801         ALFARO                             1-Family               360             126,000.00        1,198.98
                  21747 LEATHER LEAF CIRCLE          Owner Occupied          90.00          125,954.97          10.990
                  STERLING, VA 20164                 First                  09/04/2027      140,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091802         BEDOY                              1-Family               360              90,000.00          789.15
                  6321 SOUTH MOZART STREET           Owner Occupied          90.00           89,960.10           9.990
                  CHICAGO, IL 60629                  First                  09/10/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091803         BLACK                              1-Family               360              68,000.00          584.23
                  1747 ARLENE DRIVE                  Owner Occupied          80.00           67,968.27           9.750
                  INDIANAPOLIS, IN 46219             First                  09/10/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091804         BOTWINICK                          1-Family               360             184,000.00        1,613.37
                  107 ASPEN DRIVE EAST               Owner Occupied          80.00          183,918.43           9.990
                  WOODBURY, NY 11797                 First                  09/08/2027      230,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091807         CARTER                             1-Family               360              61,000.00          501.83
                  349 NORTHVILLE TURNPIKE            Owner Occupied          64.21           60,968.38           9.250
                  RIVERHEAD, NY 11901                First                  09/05/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091809         GARNETT-ANDERSON                   1-Family               360              55,000.00          442.15
                  40 CRANBERRY WAY                   Owner Occupied          24.55           54,912.04           8.990
                  MARION, MA 02738                   First                  09/04/2027      224,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091811         HERNANDEZ                          1-Family               360              78,750.00          690.51
                  630 ADELINE STREET                 Owner Occupied          70.00           78,715.08           9.990
                  WEBSTER, NY 14580                  First                  09/04/2027      112,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091815         MASON                              1-Family               360              38,500.00          366.35
                  722 THORNHILL DRIVE                Owner Occupied          59.23           38,486.25          10.990
                  CLEVELAND, OH 44112                First                  09/09/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091816         MAYBURY                            1-Family               360             247,200.00        1,900.75
                  40 LYME ROAD                       Owner Occupied          80.00          247,050.25           8.500
                  WEST NEWTON, MA 02165              First                  09/03/2027      309,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091817         MAYBERRY                           1-Family               180              61,800.00          822.60
                  40 LYME ROAD                       Owner Occupied          20.00           61,697.89          13.990
                  WEST NEWTON, MA 07645              Second                 09/03/2012      309,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091819         MOREY                              1-Family               360              56,950.00          541.92
                  17 CHURCH STREET                   Owner Occupied          85.00           56,929.65          10.990
                  HAGAMAN, NY 12086                  First                  09/05/2027       67,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             70       Page Balance:    $1,145,717.96     Generated By: Dmenegus
<PAGE>   73
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7091820         POLONIO                            1-Family               360              63,000.00          541.27
                  322 HILLSIDE DRIVE                 Owner Occupied          42.00           62,970.61           9.750
                  NEPTUNE, NJ 07753                  First                  09/08/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091824         SISCO                              1-Family               360              98,400.00          918.55
                  382 GROVE AVENUE                   Owner Occupied          80.00           98,362.95          10.750
                  PATCHOGUE, NY 11772                First                  09/08/2027      123,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091829         VANFOSSEN                          1-Family               360              38,000.00          333.20
                  350 W. CHURCH ST                   Owner Occupied          57.58           37,983.15           9.990
                  BARNESVILLE, OH 43713              First                  09/09/2027       66,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091830         VUICH                              1-Family               360             174,250.00        1,527.88
                  26619  N MAIN ST                   Owner Occupied          85.00          174,172.75           9.990
                  WAUCONDA, IL 60084                 First                  09/10/2027      205,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092082         BONHAM                             1-Family               360             184,000.00        1,613.37
                  25012 TRAILVIEW                    Owner Occupied          81.78          183,918.43           9.990
                  LAKE FOREST, CA 92630              First                  09/05/2027      238,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092083         BOWIE                              1-Family               360              32,250.00          294.76
                  826 W. JEFFERSON BLVD              Owner Occupied          75.00           32,237.16          10.490
                  FORT WYANE, IN 46835               First                  09/10/2027       43,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092092         GALLEGOS                           1-Family               360              90,000.00          874.14
                  5991 E 69TH AVE                    Owner Occupied          75.00           89,969.61          11.250
                  COMMERCE CITY, CO 80022            First                  09/04/2027      120,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092094         HARDIN                             1-Family               360             173,600.00        2,110.64
                  6702 SOUTH 1775 EAST               Owner Occupied          70.00          173,541.88          14.390
                  UINTAH, UT 84405                   First                  09/01/2027      248,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092104         RAMEY                              1-Family               360             143,000.00        1,415.03
                  475 TRAP ROAD                      Owner Occupied          89.94          142,954.20          11.490
                  COLUMBIA FALLS, MT 59912           First                  09/04/2027      159,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092105         RIVERA                             1-Family               360             110,500.00        1,031.50
                  199 HOLLYWOOD AVENUE               Owner Occupied          65.00          110,458.40          10.750
                  VALLEY STREAM, NY 11580            First                  09/03/2027      170,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092107         RUYBAL                             1-Family               360              20,000.00          182.20
                  641 E NORTHERN AVENUE              Owner Occupied          45.45           19,991.97          10.450
                  PUEBLO, CO 81004                   First                  09/08/2027       44,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092108         SCANIO                             1-Family               360             102,750.00          886.56
                  6121 EDGEWOOD CIRCLE               Owner Occupied          75.00          102,702.57           9.800
                  LAS VEGAS, WA 99216                First                  09/04/2027      137,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             71       Page Balance:    $1,229,263.68    Generated By: Dmenegus
<PAGE>   74
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================

<TABLE>
<CAPTION>
                                                      Property              Org Term        Orig Bal
                                                      Occupancy Type        LTV             Curr Bal         Curr P&I
Loan Number       Name/Address                        Lien Type             Maturity        Appr Amt         Curr Rate
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7092110         SHIVERS                            1-Family               360              96,000.00          860.26
                  800 STARK STREET                   Owner Occupied          80.00           95,959.74          10.250
                  SILVERTON, OR 97381                First                  09/10/2027      120,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092113         STEPHENS                           1-Family               360              97,000.00          745.85
                  231 MARKTREE ROAD                  Owner Occupied          74.62           96,941.23           8.500
                  CENTEREACH, NY 11720               First                  09/09/2027      130,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092114         STEWART                            1-Family               360              72,500.00          596.44
                  42 BRICKYARD ROAD                  Owner Occupied          76.32           72,462.41           9.250
                  STILLWATER, NY 12170               First                  09/05/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092121         ADAMS                              1-Family               360              57,750.00          614.10
                  421 STANLEY STREET                 Owner Occupied          75.00           57,735.06          12.450
                  BOISE, ID 83706                    First                  09/04/2027       77,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092123         BUISSON                            1-Family               360             208,000.00        1,787.04
                  255-25 149TH AVENUE                Owner Occupied          82.54          207,902.96           9.750
                  ROSEDALE, NY 11422                 First                  09/08/2027      252,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092124         CLEMMENS                           1-Family               360              92,650.00          762.21
                  9 RICHARD AVENUE                   Owner Occupied          85.00           92,601.97           9.250
                  ISLIP TERRACE, NY 11752            First                  09/10/2027      109,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092454         ADAMS                              1-Family               360              65,600.00          652.13
                  425 ABRAMS STREET                  Owner Occupied          80.00           65,579.27          11.550
                  GREEN BAY, WI 54302                First                  09/17/2027       82,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092458         BABAJKO                            1-Family               360              88,900.00          779.50
                  14 NEVERSINK DRIVE                 Owner Occupied          70.00           88,860.59           9.990
                  NEWBURGH, NY 12550                 First                  09/12/2027      127,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092460         BECKFORD                           1-Family               360              50,000.00          438.42
                  641 MAGENTA STREET                 Owner Occupied          24.39           49,977.83           9.990
                  BRONX, NY 10467                    First                  09/12/2027      205,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092463         BRAXTON                            1-Family               360             116,000.00        1,282.28
                  325 COUNTY CENTER ROAD             Owner Occupied          80.00          115,946.55          12.990
                  WHITE PLAINS, NY 10603             First                  08/29/2027      145,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092464         BROWN                              1-Family               360              99,575.00          873.11
                  17518 161ST STREET SE              Owner Occupied          70.00           99,530.85           9.990
                  MONROE, WA 98272                   First                  09/11/2027      155,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092465         BROWN                              1-Family               360              93,625.00          820.93
                  17528 161ST STREET SE              Owner Occupied          70.00           93,583.50           9.990
                  MONROE, WA 98272                   First                  09/11/2027      165,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             72       Page Balance:    $1,137,081.96     Generated By: Dmenegus
<PAGE>   75
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================

<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BB7100635         SMITH                              1-Family               360              98,000.00          856.40
                  8601 S. ADA                        Owner Occupied          70.00           98,000.00           9.950
                  CHICAGO, IL 60620                  First                  10/09/2027      140,000.00
- ---------------------------------------------------------------------------------------------------------------------- 
BB7100636         NUTALL                             1-Family               360              40,000.00          423.80
                  141 W. 158TH PLACE                 Owner Occupied          80.00           40,000.00          12.400
                  HARVEY, IL 60426                   First                  10/09/2027       50,000.00
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090841         ROGERS                             1-Family               360              30,000.00          353.09
                  602 W. 22ND STREET                 Owner Occupied          60.00           30,000.00          13.900
                  ANDERSON, IN 46016                 First                  10/03/2027       50,000.00
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095689         BORWN                              1-Family               360              93,500.00          803.31
                  12345 SOUTH HONORE STREET          Owner Occupied          85.00           93,456.38           9.750
                  CALUMET PARK, IL 60643             First                  09/02/2027      110,000.00
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096002         DIGREGORIO                         1-Family               360              52,000.00          437.25
                  6512 SYRACUSE                      Owner Occupied          80.00           51,948.63           9.500
                  TAYLOR, MI 48180                   First                  09/01/2027       65,000.00
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096041         STALLINGS                          1-Family               360              24,500.00          216.82
                  15846 MONICA                       Owner Occupied          68.06           24,489.39          10.100
                  DETROIT, MI 48238                  First                  09/10/2027       36,000.00
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096161         PEARSALL                           1-Family               360             178,200.00        1,498.41
                  59 RIVERDALE ROAD                  Owner Occupied          90.00          178,112.34           9.500
                  VALLEY STREAM, NY 11581            First                  09/08/2027      198,000.00
- ---------------------------------------------------------------------------------------------------------------------- 
FC7100250         MIDDENDORF                         1-Family               360             115,500.00        1,099.06
                  308 NORTH GREEN STREET             Owner Occupied          84.99          115,458.73          10.990
                  CARPENTERSVILLE, IL 60110          First                  10/01/2027      140,000.00
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090976         SEMPERT                            1-Family               360              49,000.00          541.65
                  119 EAST CARRIAGE PARK             Owner Occupied          70.00           48,977.43          12.990
                  WEST SENECA, NY 14224              First                  08/22/2027       70,000.00
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090981         SMITH                              1-Family               360              73,950.00          648.42
                  1149 POMONA AVE                    Owner Occupied          85.00           73,884.15           9.990
                  CLEVELAND, OH 44121                First                  08/25/2027       87,000.00
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090983         SOLIS                              1-Family               360             141,950.00        1,141.14
                  11 PURITAN LANE                    Owner Occupied          85.00          141,794.02           8.990
                  WASHINGTONVILLE, NY 10992          First                  08/19/2027      167,000.00
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090985         STOHLER                            1-Family               360             135,000.00        1,492.31
                  NNA CROUCH HWY                     Owner Occupied          75.00          134,937.80          12.990
                  CALDWELL, ID 83622                 First                  08/06/2027      180,000.00
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             73       Page Balance:    $1,031,058.87     Generated By: Dmenegus
<PAGE>   76
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7090991         TANDY                              1-Family               360             119,246.00        1,015.76
                  24 LAMPLIGHTER COURT               Owner Occupied          75.02          119,131.90           9.650
                  BALTIMORE, MD 21208                First                  08/21/2027      165,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090992         TEDFORD                            1-Family               360              54,500.00          539.71
                  1796 RENSSELAER AVE.               Owner Occupied          52.91           54,464.99          11.500
                  SCHENECTADY, NY 12303              First                  08/18/2027      103,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090996         THOMPSON                           1-Family               360              88,825.00          819.17
                  6133 CENTRAL AVENUE                Owner Occupied          85.00           88,755.60          10.600
                  CAPITOL HEIGHTS, MD 20743          First                  08/26/2027      104,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090999         VAUGHN                             1-Family               360              99,200.00        1,042.58
                  2715 N 31ST                        Owner Occupied          80.00           99,146.51          12.290
                  BOISE, ID 83703                    First                  08/11/2027      124,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091005         WARREN                             1-Family               360              63,000.00          595.21
                  2019 FREDONIA STREET               Owner Occupied          70.00           62,953.87          10.900
                  TOLEDO, OH 43608                   First                  08/27/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091008         WINSHIP                            1-Family               360              93,750.00          875.14
                  112 PINE HILL ROAD                 Owner Occupied          75.00           93,679.09          10.750
                  CHESTER, NY 10981                  First                  08/26/2027      125,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091181         ROBERTS                            1-Family               360              68,620.00          602.19
                  44 MALLET ST                       Owner Occupied          73.00           68,559.03          10.000
                  ALSTON, MA 02124                   First                  08/27/2027      110,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091364         BAKAKOS                            1-Family               360             100,000.00          768.91
                  8620 21ST AVENUE                   Owner Occupied          33.90           99,939.42           8.500
                  BROOKLYN, NY 11214                 First                  09/02/2027      295,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091365         BARRIENTOS                         1-Family               360              31,425.00          296.90
                  13011 TELEVISTA DRIVE              Owner Occupied         100.00           31,401.98          10.900
                  HOUSTON, TX 77037                  First                  09/01/2027       42,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091366         BEATTIE                            1-Family               360             180,000.00        1,447.03
                  262 SHUNPIKE ROAD                  Owner Occupied          80.00          179,901.47           8.990
                  CLINTON CORNERS, NY 12514          First                  09/26/2027      225,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091373         HUNTER, JR.                        1-Family               360              68,000.00          546.65
                  41 WHITE AVENUE                    Owner Occupied          73.51           67,962.78           8.990
                  ASHVILLE, NC 28803                 First                  09/08/2027       92,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091711         PATUZZI                            1-Family               360              48,000.00          456.75
                  1103 E 33RD ST                     Owner Occupied          80.00           47,982.85          10.990
                  MARION, IN 46953                   First                  09/08/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             74       Page Balance:    $1,013,879.49     Generated By: Dmenegus
<PAGE>   77
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BB7100641         DOBBINS                            1-Family               360             140,000.00        1,483.31
                  446 N. LEAMINGTON                  Owner Occupied          80.00          140,000.00          12.400
                  CHICAGO, IL 60644                  First                  10/13/2027      175,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090844         KELLEY                             1-Family               360              17,500.00          164.68
                  406 MARQUETTE                      Owner Occupied          35.00           17,500.00          10.850
                  BAY CITY, MI 48706                 First                  10/03/2027       50,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7070646         CUTCHEMBER                         1-Family               360              84,000.00          843.40
                  45278 HAPPYLAND ROAD               Owner Occupied          80.00           83,974.20          11.680
                  VALLEY LEE, MD 20692               First                  10/01/2027      105,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7091175         PENNINGTON                         1-Family               360             119,000.00        1,196.64
                  173 ARUNDELE ROAD                  Owner Occupied          85.00          118,926.87          11.700
                  PASADENA, MD 21122                 First                  09/01/2027      140,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7090081         MCCLENDON                          1-Family               360              59,500.00          493.81
                  16615 FERGUSON                     Owner Occupied          85.00           59,433.11           9.350
                  DETROIT, MI 48235                  First                  09/01/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7090132         BASILICO                           1-Family               360             192,000.00        1,762.05
                  54300 FRANKLIN                     Owner Occupied          80.00          191,848.04          10.540
                  SHELBY TOWNSHIP, MI 48316          First                  09/01/2027      240,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7100382         FJELSTAD                           1-Family               360              90,000.00          876.19
                  933 DEBRA LANE                     Owner Occupied          80.00           90,000.00          11.280
                  MADISON, WI 53704                  First                  11/01/2027      114,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AB7090004         FREEMAN                            1-Family               360              68,000.00          574.26
                  741 WEST  CEDAR STREET             Owner Occupied          59.65           67,966.91           9.550
                  ALLENTOWN, PA 18102                First                  09/04/2027      114,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AB7090010         LYONS                              1-Family               360              89,600.00          870.25
                  5511 VOLTA AVE.                    Owner Occupied          80.00           89,569.75          11.250
                  BLADENSBURG, MD 20710              First                  09/15/2027      112,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AB7090013         RUBIN                              1-Family               360             270,900.00        2,488.16
                  21 COPPER BEACH DRIVE              Owner Occupied          90.00          270,793.50          10.550
                  LAFAYETTE HILL,, PA 19444          First                  09/15/2027      301,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AB7090016         VALENTINE                          1-Family               360              90,800.00          776.78
                  6921 CHAMBERS RD.                  Owner Occupied          80.00           90,757.19           9.700
                  BALTIMORE, MD 21234                First                  09/15/2027      113,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090041         IKES                               1-Family               360             158,357.00        1,484.19
                  3127 NICHOLSON ST.                 Owner Occupied          90.49          158,298.02          10.800
                  HYATTSVILLE, MD 20782              First                  09/05/2027      175,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             75       Page Balance:    $1,379,067.59     Generated By: Dmenegus
<PAGE>   78
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
AD7090049         RUSSELL                            1-Family               360              24,000.00          231.28
                  7111 N. BROAD ST.                  Owner Occupied          30.97           23,991.72          11.150
                  PHILADELPHIA, PA 19126             First                  09/11/2027       77,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090052         JOYNER                             1-Family               360              60,800.00          579.01
                  563 PENNINGTON AVE.                Owner Occupied          80.00           60,778.32          11.000
                  HAVRE DE GRACE, MD 21078           First                  09/12/2027       76,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090055         FITZGERALD                         1-Family               360              75,000.00          622.45
                  121 S. MECHANIC STREET             Owner Occupied          75.00           74,961.93           9.350
                  SHARPSBURG, MD 21782               First                  09/12/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090060         CRAWFORD                           1-Family               360             114,300.00          927.92
                  3133 CLAGUE ROAD                   Owner Occupied          90.00          114,238.86           9.100
                  N OLMSTEAD, OH 44070               First                  09/15/2027      127,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090062         WILLIAMS                           1-Family               360              32,400.00          349.57
                  4507 NORTH MOLE STREET             Owner Occupied          90.00           32,391.55          12.650
                  PHILADELPHIA, PA 19140             First                  09/15/2027       36,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090066         NEAL                               1-Family               360             142,200.00        1,154.42
                  245 DALE RD.                       Owner Occupied          90.00          142,123.93           9.100
                  PASADENA, MD 21122                 First                  09/15/2027      158,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090071         MCWHIRT                            1-Family               360              71,200.00          560.13
                  430 SMITH ST                       Owner Occupied          80.00           71,159.04           8.750
                  STAFFORD, VA 22405                 First                  09/17/2027       89,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090075         LEE                                1-Family               360             117,000.00        1,048.44
                  2209 LUKEWOOD DR.                  Owner Occupied          90.00          116,950.94          10.250
                  BALTIMORE, MD 21207                First                  09/17/2027      130,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090079         DAWNEY                             1-Family               360              56,250.00          527.20
                  5818 ROYAL RIDGE DR.               Owner Occupied          75.00           56,229.05          10.800
                  SPRINGFIELD, VA 22152              First                  09/10/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090086         MONROE                             1-Family               360              52,875.00          541.84
                  19373 MONROE VILLE RD.             Owner Occupied          83.93           52,859.71          11.950
                  RUTHER GLEN, VA 22546              First                  09/16/2027       63,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090104         LEE                                1-Family               180              97,750.00        1,000.19
                  5706 WYNNEFIELD AVE.               Owner Occupied          85.00           97,495.15           9.150
                  PHILA.,, PA 19131                  First                  09/22/2012      115,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090105         COMER                              1-Family               360              68,000.00          655.30
                  412 E. VERNON                      Owner Occupied          85.00           67,976.53          11.150
                  PHILA,, PA 19119                   First                  09/22/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             76       Page Balance:      $911,156.73      Generated By: Dmenegus
<PAGE>   79
================================================================================
                                 PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
AD7090106         MITCHELL                           1-Family               360              28,800.00          258.08
                  2826 N. BAMBREY STREET             Owner Occupied          90.00           28,787.92          10.250
                  PHILA.,, PA 19132                  First                  09/22/2027       32,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090111         HORNE                              1-Family               360              29,700.00          267.25
                  2215 N. 17TH STREET                Owner Occupied          90.00           29,687.68          10.300
                  PHILA,, PA 19132                   First                  09/23/2027       33,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090112         SCHMELYUM SR.                      1-Family               360             105,000.00          972.27
                  1564 SULPUR SPRINGS                Owner Occupied          75.00          104,959.61          10.650
                  BALTIMORE, MD 21227                First                  09/23/2027      140,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090116         GARMAN                             1-Family               360              71,000.00          622.55
                  125 OAK HILL ROAD                  Owner Occupied          73.96           70,968.53           9.990
                  CALISLE, PA 17013                  First                  09/24/2027       96,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090125         SHAPIRO                            1-Family               360             100,000.00          896.10
                  3312 KERRY ROAD                    Owner Occupied          83.33           99,958.07          10.250
                  BALTIMORE, MD 21207                First                  09/26/2027      120,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090127         HEWLIN                             1-Family               360              90,000.00          894.70
                  6023 LOCH RAVER BLVD.              Owner Occupied          90.00           89,971.55          11.550
                  BALTIMORE, MD 21239                First                  09/29/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090129         BUNKE                              1-Family               360              68,000.00          594.24
                  3734 LYNDALE AVE.                  Owner Occupied          85.00           67,969.59           9.950
                  BALTIMORE, MD 21213                First                  09/29/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091056         ABRUZZI                            1-Family               360              37,800.00          377.22
                  858 EAST COCHISE DRIVE #A          Owner Occupied          70.00           37,776.25          11.600
                  PHOENIX, AZ 85020                  First                  09/01/2027       54,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091063         CHERRY                             1-Family               360              95,000.00          832.99
                  495 SOUTH CENTERVILLE ROAD         Owner Occupied          77.87           94,915.42           9.990
                  WAWAYANDA, NY 10940                First                  08/28/2027      122,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091083         MILES                              1-Family               360              90,350.00          905.08
                  10849 CHESTNUT UNIT #5             Owner Occupied          65.00           90,293.87          11.650
                  LOS ALAMITOS, CA 90720             First                  08/12/2027      139,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091084         MILLER                             1-Family               360             106,200.00          892.99
                  1206 CEDARCLIFF DRIVE              Owner Occupied          90.00          106,095.11           9.500
                  GLEN BURNIE, MD 21060              First                  08/26/2027      118,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092081         BAISLEY                            1-Family               360             344,000.00        3,537.10
                  10398 TOTEM RUN                    Owner Occupied          78.18          343,901.47          11.995
                  LITTLETON, CO 80125                First                  09/02/2027      440,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             77       Page Balance:    $1,165,285.07     Generated By: Dmenegus
<PAGE>   80
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7092115         TELLEZ                             1-Family               360              99,450.00          872.01
                  3104 19TH ST                       Owner Occupied          85.00           99,405.91           9.990
                  GREELEY, CO 80631                  First                  09/09/2027      117,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7100625         GUYTON                             1-Family               360              80,750.00          739.26
                  2026 FIRST AVE.                    Owner Occupied          85.00           80,750.00          10.510
                  MAYWOOD, IL 60153                  First                  10/07/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090375         BARRETT                            1-Family               360              70,000.00          540.72
                  5032 W. WILLOW HIGHWAY             Owner Occupied          56.00           69,881.46           8.550
                  LANSING, MI 48917                  First                  10/01/2027      125,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090386         WISEMAN                            1-Family               360              41,250.00          413.54
                  1123 PICKFORD AVE.                 Owner Occupied          75.00           41,250.00          11.660
                  AKRON, OH 44320                    First                  10/07/2027       55,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7080594         MASON                              1-Family               180              41,600.00          434.10
                  12814 BEDFORD ROAD, NORTH-EAST     Owner Occupied          63.03           41,600.00           9.488
                  CUMBERLAND, MD 21502               First                  10/04/2012       66,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7090121         DERAMUS                            1-Family               360              52,500.00          563.90
                  18261 LESURE                       Owner Occupied          75.00           52,486.83          12.588
                  DETROIT, MI 48235                  First                  09/04/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7100646         COLLINS                            1-Family               360              43,550.00          524.64
                  3260 W. FULTON                     Owner Occupied          65.00           43,550.00          14.250
                  CHICAGO, IL 60624                  First                  10/16/2027       67,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7100650         MILLER                             1-Family               360              59,400.00          611.00
                  656 N. LONG AVE.                   Owner Occupied          60.00           59,400.00          12.000
                  CHICAGO, IL 60644                  First                  10/16/2027       99,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7070897         JOHNSON                            1-Family               360             105,886.00        1,145.71
                  175 CENTRAL DRIVE                  Owner Occupied          77.86          105,860.03          12.690
                  PRINCE FREDERICK, MD 20678         First                  10/01/2027      136,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092071         WHITMORE                           1-Family               360             152,000.00        1,350.79
                  5409 ACHILLES DRIVE                Owner Occupied          72.04          151,869.00          10.150
                  VIRGINIA BEACH, VA 23462           First                  08/25/2027      211,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092075         WILLIAMS                           1-Family               360              54,800.00          523.94
                  809 ELLINGTON STREET               Owner Occupied          68.50           54,761.18          11.050
                  SALISBURY, MD 21801                First                  09/01/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7070635         YOUNG                              1-Family               360              57,000.00          638.93
                  76 FORDWAY EXTENSION               Owner Occupied          61.29           56,987.50          13.188
                  DERRY, NH 03038                    First                  09/29/2027       93,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             78       Page Balance:      $857,801.91     Generated By: Dmenegus
<PAGE>   81
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
FC7080332         SMITH, JR.                         1-Family               360              69,600.00          630.17
                  8314 SOUTH SEELEY                  Owner Occupied          80.00           69,571.58          10.375
                  CHICAGO, IL 60620                  First                  10/01/2027       87,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7080522         GRIFFIN                            1-Family               360              49,000.00          522.58
                  1441 E. OAK                        Owner Occupied          70.00           48,974.73          12.490
                  KANKAKEE, IL 60901                 First                  09/01/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7080866         SAUNDERS                           1-Family               360             100,800.00          981.94
                  G-5018 BEECHER                     Owner Occupied          80.00          100,766.25          11.288
                  FLINT, MI 48532                    First                  10/01/2027      126,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096014         HULBERT                            1-Family               360              98,000.00        1,141.81
                  36900 WEBER RICHMONS               Owner Occupied          70.00           97,962.00          13.750
                  RICHMOND, MI 48062                 First                  09/01/2027      140,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096367         NEWTON                             1-Family               360             100,750.00        1,113.71
                  91 NORTH FARM DRIVE                Owner Occupied          65.00          100,726.91          12.990
                  DOVER PLAIN, NY 12522              First                  09/17/2027      155,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090091         SMITH                              1-Family               360              25,550.00          283.63
                  934 W. SUSQUEHANNA AVE.            Owner Occupied          86.61           25,544.23          13.050
                  PHILADELPHIA, PA 19122             First                  09/19/2027       29,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090130         CAMPBELL                           1-Family               360             114,750.00          985.88
                  313 HILLCREST AVE.                 Owner Occupied          85.00          114,682.34           9.750
                  BALTIMORE, MD 21225                First                  09/29/2027      135,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090133         BOOTH                              1-Family               360              67,500.00          630.10
                  3102 PIEDMONT AVE.                 Owner Occupied          90.00           67,474.59          10.750
                  BALTIMORE, MD 21216                First                  09/29/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090138         BROWN                              1-Family               360              44,000.00          373.19
                  243 EAST CLIVEDEN STREET           Owner Occupied          80.00           43,978.81           9.600
                  PHILA, PA 19119                    First                  09/29/2027       55,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090139         OWENS                              1-Family               360              56,100.00          538.50
                  1446 EAST 111TH STREET             Owner Occupied          85.00           56,080.43          11.100
                  CLEVELAND, OH 44106                First                  09/29/2027       66,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090140         MILLER                             1-Family               360             128,800.00        1,036.35
                  41 RIDEGETRAIL                     Owner Occupied          80.00          128,729.65           9.000
                  CARROLL VALLEY, PA                 First                  09/30/2027      161,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7090143         HARRIS                             1-Family               360              69,300.00          644.30
                  4129 E. 154 STREET                 Owner Occupied          90.00           69,273.63          10.700
                  CLEVELAND, OH 44128                First                  09/30/2027       77,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             79       Page Balance:      $923,765.15     Generated By: Dmenegus
<PAGE>   82
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
AD7090144         BURKS                              1-Family               360              68,000.00          554.50
                  845 E. 150TH STREET                Owner Occupied          85.00           62,724.35           9.150
                  CLEVELAND, OH 44110                First                  09/30/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091398         SMITH                              1-Family               360             221,250.00        1,778.64
                  528 COURIER AVE                    Owner Occupied          75.00          221,128.89           8.990
                  REDLANDS, CA 92374                 First                  10/01/2027      295,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091912         BRUMIT                             1-Family               360              94,400.00          849.43
                  18 FOREST DRIVE                    Owner Occupied          78.67           94,360.84          10.300
                  ELKTON, MD 21921                   First                  09/05/2027      120,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091944         FRIEDHOFF                          1-Family               360              87,500.00          829.98
                  686 ANDERSON FERRY RD              Owner Occupied          78.83           87,468.46          10.950
                  CINCINNATI, OH 45238               First                  09/05/2027      111,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091957         HARDING                            1-Family               360              55,200.00          513.21
                  4001 CARRAWAY DRIVE                Owner Occupied          80.00           55,150.99          10.700
                  HOPEWELL, VA 23860                 First                  08/10/2027       69,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091970         HOFFMAN                            1-Family               360             149,000.00        1,424.59
                  96 MAIN STREET SOUTH               Owner Occupied          74.50          148,894.42          11.050
                  KEEDYSVILLE, MD 21713              First                  09/01/2027      200,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091973         HUCKABY                            1-Family               360              50,400.00          468.58
                  255 RIDDLE ROAD                    Owner Occupied          80.00           50,361.47          10.700
                  CINCINNATI, OH 45215               First                  09/01/2027       63,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091981         JONES                              1-Family               360             133,600.00        1,338.34
                  4025 RUFFIN ROAD                   Owner Occupied          80.00          133,558.69          11.650
                  HOPEWELL, VA 34860                 First                  09/05/2027      167,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091982         KHAMMASH                           1-Family               360              73,730.00          729.58
                  6401 SYLVAN DRIVE                  Owner Occupied          73.00           73,706.38          11.490
                  COLUMBIA, SC 29206                 First                  09/25/2027      104,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091984         KOHL                               1-Family               360             177,600.00        1,397.18
                  12305 CLIVDEN STREET               Owner Occupied          80.00          177,394.89           8.750
                  HERNDON, VA 20170-2520             First                  09/01/2027      238,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091996         MANUS                              1-Family               360             118,880.00          952.26
                  916 LAKEWOOD DR.                   Owner Occupied          80.16          118,814.39           8.950
                  MATTHEWS, NC 28106                 First                  09/10/2027      148,300.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092004         MIDDLETON                          1-Family               360             268,800.00        2,458.82
                  329 WHITETAIL DRIVE                Owner Occupied          80.72          268,693.18          10.500
                  DUNKIRK, MD 20754                  First                  09/05/2027      333,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             80       Page Balance:    $1,492,256.95      Generated By: Dmenegus
<PAGE>   83
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7092028         ROBISCH                            1-Family               360              80,000.00          655.24
                  5 ILLONA DR.                       Owner Occupied          80.00           79,915.86           9.200
                  CINCINNATI, OH 45218               First                  09/01/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092036         SIMPSON, JR.                       1-Family               360              45,000.00          454.23
                  1834 DEEP RUN RD.                  Owner Occupied          45.00           44,972.66          11.750
                  WHITEFORD, MD 21160                First                  09/01/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092039         SMITH                              1-Family               360              87,360.00          653.24
                  5938 KING WAY WALK                 Owner Occupied          80.00           87,219.07           8.200
                  LITHONIA, GA 30058                 First                  08/15/2027      111,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092047         STONE                              1-Family               360              40,000.00          439.36
                  723 BENTLEY STREET                 Owner Occupied          80.00           39,980.53          12.900
                  ORLANDO, FL 32805                  First                  08/25/2027       50,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092153         ABERNATHY                          1-Family               360              52,500.00          501.95
                  1481 MEREDITH DR                   Owner Occupied          70.00           52,481.49          11.050
                  CINCINATTI, OH 45231               First                  09/05/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092161         BOONE                              1-Family               360             140,000.00        1,046.86
                  2316 SIMPKINS RD                   Owner Occupied          80.00          139,819.00           8.200
                  RALEIGH, NC 27603                  First                  09/01/2027      175,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092167         CARTER                             1-Family               360             148,000.00        1,212.20
                  1507 IOWA PLACE                    Owner Occupied          80.00          147,922.47           9.200
                  ORLANDO, FL 32803                  First                  09/05/2027      185,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092171         CREED                              1-Family               360              76,000.00          675.39
                  7960 GREENLAND PLACE               Owner Occupied          80.00           75,773.31          10.150
                  CINCINNATI, OH 45237               First                  03/15/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092178         DUNCAN                             1-Family               360             114,800.00        1,024.46
                  1431 SHARON ACRES ROAD             Owner Occupied          80.00          114,751.34          10.200
                  FOREST HILL, MD 21050              First                  09/05/2027      143,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092200         HARRISON                           1-Family               360              54,750.00          504.92
                  1408 FREEDOM MILL ROAD             Owner Occupied          75.00           54,707.23          10.600
                  GASTONIA, NC 28052                 First                  09/01/2027       73,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092204         HEARL, JR.                         1-Family               360              62,300.00          640.83
                  2708 OLD CHARLESTON ROAD           Owner Occupied          69.22           62,264.16          12.000
                  GEORGETOWN, SC 29440               First                  09/01/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092220         MCKEIVER                           1-Family               360             120,000.00        1,142.79
                  6508 JODIE ST                      Owner Occupied          80.00          119,906.75          11.000
                  NEW CARROLTON, MD 20784-3636       First                  09/01/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             81       Page Balance:    $1,019,713.87      Generated By: Dmenegus
<PAGE>   84
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7092223         MOORE                              1-Family               360              97,500.00          888.23
                  4024 PADDOCK RD                    Owner Occupied          78.00           97,421.32          10.450
                  CINCINNATI, OH 45229               First                  09/01/2027      125,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092247         SHANKLES                           1-Family               360              54,800.00          383.17
                  102 VERA DRIVE                     Owner Occupied          80.00           54,759.33           7.500
                  RINGGOLD, GA 30736                 First                  09/10/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092257         TIMMONS                            1-Family               360              68,000.00          652.72
                  4637 LANGSTON RD                   Owner Occupied          80.00           67,969.00          11.100
                  TIMMONSVILLE, SC 29161             First                  09/05/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092258         TSELEPIS                           1-Family               360              97,500.00          819.83
                  2523 PARLIMENT DR                  Owner Occupied          50.00           97,403.72           9.500
                  ABINGDON, MD 21009                 First                  09/01/2027      195,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092422         WEATHERLY                          1-Family               360              52,500.00          531.95
                  1203 DAVIDSON ROAD                 Owner Occupied          67.31           52,452.44          11.800
                  ASHLAND CITY, TN 37015             First                  07/25/2027       78,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7080985         ROMP                               1-Family               360              94,250.00          964.97
                  253 DECKA DRIVE                    Owner Occupied          65.00           94,222.66          11.938
                  WHITELAKE, MI 48386                First                  10/01/2027      145,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7085014         RICCI                              1-Family               360             117,000.00        1,109.80
                  1817 STATE ROUTE 83                Owner Occupied          78.00          116,828.98          10.950
                  MILLERSBURGH, OH 44654             First                  07/01/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7090840         LARSON                             1-Family               360              56,250.00          625.76
                  1220 14TH STREET E                 Owner Occupied          75.00           56,237.37          13.080
                  GLENCOE, MN 55336                  First                  09/30/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096010         HAMILTON                           1-Family               360              69,300.00          542.71
                  6737 LOVEJOY                       Owner Occupied          90.00           69,118.42           8.700
                  BYRON, MI 48418                    First                  09/01/2027       77,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7096054         WRIGHT                             1-Family               360              51,235.00          466.76
                  11152 ROXBURY ROAD                 Owner Occupied          73.19           51,235.00          10.450
                  DETROIT, MI 48224                  First                  10/21/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095301         ALLIS                              1-Family               360             325,400.00        2,867.65
                  36 OAK LANE                        Owner Occupied          71.52          324,969.14          10.050
                  GLEN COVE, NY 11542                First                  07/28/2027      455,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095317         KURTZ                              1-Family               360             189,000.00        1,657.21
                  579 NORTH CENTRAL AVENUE           Owner Occupied          90.00          188,746.53           9.990
                  RAMSEY, NJ 07446                   First                  08/01/2027      212,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             82       Page Balance:    $1,271,363.91     Generated By: Dmenegus
<PAGE>   85
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
FC7095339         FALARO III                         1-Family               360             110,250.00          939.13
                  15 MT WASHINGTON DR                Owner Occupied          90.00          110,037.27           9.650
                  WEST MILFORD, NJ 07480             First                  06/16/2027      123,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090807         BENEDICT                           1-Family               360             113,200.00          955.98
                  160 HARRINGTON ROAD                Owner Occupied          80.00          113,089.36           9.550
                  MAINE, NY 13760                    First                  08/22/2027      146,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090810         BLACK                              1-Family               360             112,000.00          982.05
                  1 ALICE STREET                     Owner Occupied          80.00          111,894.36           9.990
                  GARNERVILLE, NY 10923              First                  08/19/2027      140,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092496         RAMIREZ                            1-Family               360              93,500.00          819.84
                  11933 PUEBLO DORMIDO WAY           Owner Occupied          85.00           93,458.55           9.990
                  EL PASO, TX 79936                  First                  09/08/2027      116,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092497         RAY                                1-Family               360             220,000.00        1,768.59
                  1 ESSEX STREET                     Owner Occupied          89.43          219,879.58           8.990
                  MONTAUK, NY 11954                  First                  09/12/2027      246,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092500         RICE                               1-Family               360              49,000.00          485.25
                  22 MCCARTHY ST                     Owner Occupied          84.48           48,984.33          11.500
                  TUPPER LAKE, NY 12986              First                  09/08/2027       58,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092504         DAVID                              1-Family               360              47,600.00          462.32
                  2220 COUNTY RTE 8                  Owner Occupied          70.00           47,583.93          11.250
                  OSWEGO, NY 13126                   First                  09/08/2027       68,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092511         TURNER                             1-Family               360              52,800.00          462.97
                  32 MADISON PLACE                   Owner Occupied          80.00           52,776.59           9.990
                  PITTSFIELD, MA 01201               First                  09/16/2027       66,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7083216         MAYO                               1-Family               360              85,500.00          687.34
                  7812 SOUTH PEORIA ST               Owner Occupied          75.00           85,406.05           8.990
                  CHICAGO, IL 60620                  First                  09/01/2027      114,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090831         CHAPMAN                            1-Family               360              85,000.00          745.31
                  1014 WEST YELLOWSTONE              Owner Occupied          85.00           84,924.32           9.990
                  OSBURN, ID 83849                   First                  09/01/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090856         FRAZIER                            1-Family               360             164,500.00        1,629.03
                  RT 2 BOX 227                       Owner Occupied          70.00          164,394.35          11.500
                  GLADYS, VA 24554                   First                  08/04/2027      236,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090861         GAULDING                           1-Family               360              64,000.00          514.50
                  15 DUQUESNE STREET                 Owner Occupied          80.00           63,844.17           8.990
                  COLUMBIANA, OH 44408               First                  08/26/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             83       Page Balance:    $1,196,272.86     Generated By: Dmenegus
<PAGE>   86
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7090863         GILL                               1-Family               360              94,400.00          769.77
                  3421 ELENOIR COURT                 Owner Occupied          80.00           94,299.68           9.150
                  BOWIE, MD 20716                    First                  08/27/2027      118,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090865         GOLDSMITH                          1-Family               360             176,000.00        1,414.87
                  38 JOCKEY HOLLOW DRIVE             Owner Occupied          80.00          175,806.60           8.990
                  NANUET, NY 10954                   First                  08/22/2027      221,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090877         HILLS                              1-Family               360              72,250.00          687.51
                  245 SANTIC ROAD                    Owner Occupied          70.83           72,198.12          10.990
                  EAST WINDSOR, CT 06088             First                  08/22/2027      102,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090901         KUCHTA                             1-Family               360             106,800.00        1,057.63
                  11 RANDALL AVENUE                  Owner Occupied          80.00          106,731.41          11.500
                  BALTIMORE, MD 21208                First                  08/18/2027      133,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090904         LAYMAN                             1-Family               360              46,400.00          386.78
                  2 BELMORE PLACE                    Owner Occupied          80.00           46,353.19           9.400
                  RENSSELAER, NY 12144               First                  08/19/2027       58,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090906         LITTELL                            1-Family               360             178,500.00        1,672.98
                  140 TYEE                           Owner Occupied          85.00          178,366.44          10.800
                  CANNON BEACH, OR 97110             First                  08/26/2027      210,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090918         MENZEL                             1-Family               360              63,750.00          536.04
                  245 INDIAN CHURCH ROAD             Owner Occupied          85.00           63,687.05           9.500
                  WEST SENECA, NY 14210              First                  08/13/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092480         JACOBS                             1-Family               360             120,000.00        1,206.70
                  2605 EAST CLARENE COURT            Owner Occupied          80.00          119,963.30          11.700
                  MERIDIAN, ID 83642                 First                  09/08/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092485         LAWLOR                             1-Family               360              73,500.00          784.43
                  132 MARCELLA STREET                Owner Occupied          70.00           73,481.20          12.500
                  BOSTON, MA 02119                   First                  09/08/2027      105,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092487         LONG                               1-Family               360              87,200.00          764.60
                  310 BREWINGTON DRIVE               Owner Occupied          80.00           87,161.34           9.990
                  SALISBURY, MD 21801                First                  09/15/2027      109,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092489         LUCERO                             1-Family               360              58,650.00          508.21
                  312 8TH STREET                     Owner Occupied          85.00           58,623.21           9.850
                  LAS VEGAS, NM 87701                First                  09/08/2027       69,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092491         MCKENZIE                           1-Family               360             212,000.00        1,592.69
                  35 KENNELL HILL DRIVE              Owner Occupied          80.00          211,857.50           8.250
                  BEVERLY, MA 01915                  First                  09/09/2027      265,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             84       Page Balance:    $1,288,529.04    Generated By: Dmenegus
<PAGE>   87
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7090884         HOWARD                             1-Family               360              52,000.00          465.97
                  729 SOUTH AUVERGNE AVE             Owner Occupied          80.00           51,956.15          10.250
                  INDIANAPOLIS, IN 46203             First                  08/20/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090891         JOHNSON                            1-Family               360              45,500.00          432.96
                  1521 SHEFFIELD ROAD                Owner Occupied          70.00           45,465.28          10.990
                  BALTIMORE, MD 21239                First                  08/25/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090919         MEREDITH                           1-Family               360             180,000.00        1,646.53
                  5332 LENORE DR                     Owner Occupied          90.00          179,856.31          10.500
                  MENTOR, OH 44060                   First                  08/26/2027      200,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090922         MITCHELL                           1-Family               360              29,625.00          259.76
                  211 STEUBEN STREET                 Owner Occupied          75.00           29,598.63           9.990
                  HORSEHEADS, NY 14845-              First                  08/20/2027       39,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090924         MOORE                              1-Family               360              32,000.00          280.59
                  44 TOWNSHIP RD 1016                Owner Occupied          80.00           31,971.50           9.990
                  SOUTH POINT, OH 45680              First                  08/19/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090929         MULLER                             1-Family               360             132,000.00        1,019.65
                  2091 WEST OLD LIBERTY ROAD         Owner Occupied          77.65          131,841.14           8.550
                  WESTMINSTER, MD 21157              First                  08/22/2027      170,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090946         PERROTT                            1-Family               360              83,000.00          710.05
                  12 CATAWBA CIRCLE                  Owner Occupied          73.45           82,921.42           9.700
                  HAGERSTOWN, MD 21742               First                  08/20/2027      113,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090961         ROBBIE                             1-Family               360              43,000.00          377.36
                  91 HOPE STREET                     Owner Occupied          40.38           42,961.78          10.000
                  ATTLEBORO, MA 02703                First                  08/22/2027      106,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092492         MITRANO                            1-Family               360             152,100.00        1,284.49
                  9 ALLARD COURT                     Owner Occupied          90.00          152,025.97           9.550
                  MILLVILLE, MA 01529                First                  09/10/2027      169,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092495         PARTIE                             1-Family               360              62,000.00          521.33
                  79 COLMBIA GROVE ROAD              Owner Occupied          84.93           61,969.50           9.500
                  WINDSOR, NY 13865                  First                  09/08/2027       73,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092499         RUDOLPH                            1-Family               360             100,000.00          876.83
                  253 RICE AVENUE                    Owner Occupied          51.28           99,955.67           9.990
                  STATEN ISLAND, NY 10314            First                  09/16/2027      195,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105060         BLONDELL                           1-Family               360             180,000.00        1,775.66
                  6287 CENTER STONE RING             Owner Occupied          90.00          179,941.84          11.450
                  COLUMBIA, MD 21044                 First                  09/30/2027      200,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             85       Page Balance:    $1,090,465.19     Generated By: Dmenegus
<PAGE>   88
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
FC7105273         BAZEMORE                           1-Family               360             170,400.00        1,616.33
                  RAINBOW COURT                      Owner Occupied          80.00          170,338.57          10.950
                  MIDDLE ISLAND, NY 11953            First                  10/01/2027      213,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105293         MILLER                             1-Family               360             100,725.00          959.23
                  703 HAMPSHIRE SEAT                 Owner Occupied          85.00          100,689.08          11.000
                  NISKAYUNA, NY 12309                First                  10/01/2027      123,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105298         SAVARIA                            1-Family               360              34,200.00          378.06
                  165 TALLMAN STREET REAR            Owner Occupied          60.00           34,192.16          12.990
                  NORWICH, CT 06360                  First                  10/01/2027       57,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105299         SIMS                               1-Family               360              33,750.00          316.32
                  7 WILLOW STREET                    Owner Occupied          75.00           33,724.75          10.800
                  ROCHESTER, NY 14606                First                  09/01/2027       45,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090908         LOYA                               1-Family               360              49,500.00          462.07
                  497 MAPLE AVENUE                   Owner Occupied          75.00           49,462.57          10.750
                  BALLSTONSPA, NY 12020              First                  08/21/2027       66,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090913         MARTH                              1-Family               360              49,300.00          396.32
                  36 SIRRET STREET                   Owner Occupied          85.00           49,245.84           8.990
                  BUFFALO, NY 14220                  First                  08/15/2027       58,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7090936         NOVOA                              1-Family               360              92,000.00          674.42
                  61 BUSH AVENUE                     Owner Occupied          73.60           91,875.88           7.990
                  STATEN ISLAND, NY 10303            First                  08/27/2027      125,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FB7100144         TRAHAM                             1-Family               360              75,200.00          659.27
                  10170 LAKE PARK DRIVE              Owner Occupied          80.00           75,200.00           9.988
                  GONZALES, LA 70737                 First                  11/01/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NC7090112         KOELLE                             1-Family               360              55,000.00          542.06
                  366 THOMPSON AVE.                  Owner Occupied          64.02           54,982.18          11.438
                  EAST HAVEN, CT 06512               First                  09/19/2027       93,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FB7091046         BLACK, JR                          1-Family               360              90,800.00          769.33
                  103 ROCKBRIDGE ROAD                Owner Occupied          80.00           90,800.00           9.588
                  PORTSMOUTH, VA 23707               First                  11/01/2027      113,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FB7091112         SIERRA                             1-Family               360              40,600.00          437.66
                  314 MARTIN STREET                  Owner Occupied          70.00           40,600.00          12.638
                  SALISBURY, MD 21801                First                  11/01/2027       58,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105185         DANIELS                            1-Family               360             105,000.00          912.93
                  27425 EVERETT                      Owner Occupied          70.00          104,952.45           9.890
                  SOUTHFIELD, MI 48076               First                  10/01/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             86       Page Balance:      $896,063.48     Generated By: Dmenegus
<PAGE>   89
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
FC7105196         PINKHAM                            1-Family               360              35,000.00          357.33
                  1730 MOORHOUSE                     Owner Occupied          58.33           34,989.75          11.900
                  FERNDALE, MI 48220                 First                  10/01/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105270         AMABILE                            1-Family               360             120,000.00        1,022.19
                  8 GROVE STREET                     Owner Occupied          80.00          119,942.81           9.650
                  SAUGUS, MA 01906                   First                  10/01/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105282         HARDEN                             1-Family               360              42,500.00          371.40
                  919 NORTH GETTYSBURG AVENUE        Owner Occupied          85.00           42,481.00           9.950
                  DAYTON, OH 45417                   First                  10/01/2027       50,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105303         WHITE                              1-Family               360              66,300.00          628.89
                  1358 STONEHAM COURT                Owner Occupied          85.00           66,276.10          10.950
                  COLLEGE PARK, GA 30349             First                  10/01/2027       78,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7085809         CRAIG                              1-Family               360              72,000.00          599.55
                  1210 BLAINE DRIVE                  Owner Occupied          80.00           71,963.73           9.388
                  MADISON, WI 53714-                 First                  10/01/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FB7090843         STANGL                             1-Family               360              64,025.00          626.14
                  141 HUMPREY ROAD                   Owner Occupied          65.00           64,025.00          11.338
                  SLIPPERY ROCK, PA 16057            First                  11/01/2027       98,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FB7090844         STANGL                             1-Family               360              50,400.00          512.15
                  3145 CAMBERLY DRIVE                Owner Occupied          70.00           50,400.00          11.838
                  GIBSONIA, PA 15044                 First                  11/01/2027       72,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105181         BOONE JR                           1-Family               360              42,000.00          381.06
                  34374 MAYNARD                      Owner Occupied          58.33           41,982.94          10.400
                  CLINTON, MI 48351                  First                  10/01/2027       72,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105182         CARTER                             1-Family               360              52,000.00          475.28
                  15445 LINDSAY                      Owner Occupied          80.00           51,979.29          10.490
                  DETROIT, MI 48227                  First                  10/01/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105192         MARTISS                            1-Family               360              94,800.00          845.28
                  25517 CLOIE                        Owner Occupied          80.00           94,759.73          10.190
                  WARREN, MI 48089                   First                  10/01/2027      118,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105197         SAND                               1-Family               360              62,400.00          547.15
                  36025 SCHLEY                       Owner Occupied          80.00           62,224.29           9.990
                  WESTLAND, MI 48185                 First                  10/01/2027       78,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105199         THOMAS,JR                          1-Family               360              23,400.00          261.42
                  4142 WISNER STREET                 Owner Occupied          65.00           23,394.81          13.140
                  SAGINAW, MI 48601                  First                  10/01/2027       36,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             87       Page Balance:      $724,419.45      Generated By: Dmenegus
<PAGE>   90
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
NC7095129         WALSH                              1-Family               360             169,200.00        1,579.45
                  17 M STREET                        Owner Occupied          80.00          169,136.30          10.750
                  SOUTH BOSTON, MA 02127             First                  10/01/2027      211,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NC7095260         JETTE                              1-Family               360              48,500.00          407.81
                  15 FOURTH AVENUE                   Owner Occupied          42.92           48,439.82           9.500
                  OLD SAYBROOK, CT 06475             First                  09/01/2027      113,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NC7095277         WHITTIER                           1-Family               360             215,000.00        1,576.10
                  CA-64 BROWNS HILL ROAD             Owner Occupied          60.56          214,855.44           7.990
                  ORIENT POINT, NY 11957             First                  10/01/2027      355,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105030         O'FLAHERTY                         1-Family               360              74,000.00          721.55
                  178 DRAKE LANE                     Owner Occupied          64.91           73,795.63          11.300
                  ROXBURY, NJ 07852                  First                  04/01/2027      116,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7071148         JORDAN                             1-Family               360             116,250.00        1,185.75
                  2803 WHITE PINE COURT              Owner Occupied          75.00          116,215.90          11.888
                  TEMPLE HILLS, MD 20748             First                  10/01/2027      155,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7100084         SUAREZ                             1-Family               360              48,300.00          402.20
                  5409 SOUTH WOLCOTT AVENUE          Owner Occupied          70.00           48,300.00           9.388
                  CHICAGO, IL 60636                  First                  11/01/2027       69,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091302         HOWARD                             1-Family               360              61,500.00          528.38
                  3044 JOSEPHINE STREET              Owner Occupied          84.83           61,471.31           9.750
                  DENVER, CO 80205                   First                  08/01/2027       72,500.00                
- ----------------------------------------------------------------------------------------------------------------------
TC7091314         RIVERA                             1-Family               360              72,000.00          540.91
                  234 NE 161ST STREET                Owner Occupied          79.12           71,861.32           8.250
                  NORTH MIAMI BEACH, FL 33162        First                  08/01/2027       91,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091797         DOELTZ                             1-Family               360             213,750.00        1,476.32
                  754 2ND STREET                     Owner Occupied          71.25          213,423.70           7.375
                  LAKE OSWEGO, OR 97034              First                  09/01/2027      300,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091858         CRUMLICH                           1-Family               360             100,000.00          896.10
                  8624 NW 12TH COURT                 Owner Occupied          84.75           99,911.85          10.250
                  VANCOUVER, WA 98665                First                  09/01/2027      118,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092233         POFFENBERGER                       1-Family               360             160,000.00        1,322.08
                  12849 BIKLE ROAD                   Owner Occupied          80.00          159,835.20           9.300
                  SMITHSBURG, MD 21783               First                  09/01/2027      200,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092411         PEACOCK                            1-Family               360              70,000.00          703.91
                  ROUTE 2 BOX 29                     Owner Occupied          76.09           69,978.59          11.700
                  MILLSBORO, DE 19966                First                  09/05/2027       92,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             88       Page Balance:    $1,347,225.06      Generated By: Dmenegus
<PAGE>   91
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7092412         PERRY                              1-Family               360             218,400.00        1,844.40
                  1160 SHERIDAN DRIVE                Owner Occupied          80.00          218,293.70           9.550
                  ASHEBORO, NC 27203                 First                  09/05/2027      273,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100470         BURRIS                             1-Family               360              42,400.00          375.23
                  520 PLAYER DRIVE                   Owner Occupied          80.00           42,400.00          10.100
                  HIGH POINT, NC 27260               First                  10/07/2027       53,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101098         CHARBONNEAU                        1-Family               360              32,000.00          304.50
                  1411 MCCORMICK ST.                 Owner Occupied          80.00           32,000.00          10.990
                  BAY CITY, MI 48708                 First                  10/07/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
CB7090284         CUSHMAN                            1-Family               360              65,250.00          552.86
                  603 CORDES STREET                  Owner Occupied          75.00           65,250.00           9.588
                  PAPILLION, NE 68046                First                  10/07/2027       87,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
CB7090443         CUSHMAN                            1-Family               360              68,250.00          578.28
                  13208 SOUTH 21ST STREET            Owner Occupied          75.00           68,250.00           9.588
                  OMAHA, NE 68123                    First                  10/07/2027       91,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FB7090232         RENFROW                            1-Family               360              62,650.00          577.22
                  112 TURKEY BRANCH ROAD             Owner Occupied          70.00           62,650.00          10.588
                  FAIRMONT, NC 28340                 First                  11/01/2027       89,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MB7090048         Mulligan                           1-Family               360             116,000.00        1,004.12
                  14 ROSE DRIVE                      Owner Occupied          80.00          115,946.89           9.838
                  EXETER, RI 02822                   First                  10/01/2027      145,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090520         OUELLETTE                          1-Family               360              71,800.00          681.06
                  17 PLEASANT STREET                 Owner Occupied          58.85           71,748.00          10.950
                  DERRY, NH 03038                    First                  09/01/2027      122,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100469         DAVIS                              1-Family               360              48,750.00          562.23
                  1116 N. JACKSON AVE                Owner Occupied          65.00           48,750.00          13.600
                  WINSTON-SALEM, NC 27101            First                  10/08/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100471         COTHREN                            1-Family               360              69,600.00          694.56
                  9 THOUSAND OAK CIRCLE              Owner Occupied          80.00           69,600.00          11.600
                  CONWAY, AR 72032                   First                  10/08/2027       87,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
CB7090274         TAGLE                              1-Family               360             152,000.00        1,287.87
                  9421 MARGAIL STREET                Owner Occupied          80.00          152,000.00           9.588
                  DES PLAINES, IL 60016              First                  10/09/2027      190,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FB7090019         MURPHREY                           1-Family               360              26,000.00          219.35
                  801 CAMERON DRIVE                  Owner Occupied          44.83           26,000.00           9.538
                  KINSTON, NC 28501                  First                  11/01/2027       58,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             89       Page Balance:      $972,888.59      Generated By: Dmenegus
<PAGE>   92
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
MB7100003         Mudry                              1-Family               360              71,000.00          659.46
                  1 WESTBROOK AVENUE                 Owner Occupied          67.62           71,000.00          10.688
                  ANSONIA, CT 06401                  First                  11/01/2027      105,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7080420         SANTANA                            1-Family               360              71,200.00          580.60
                  1225 S 51ST COURT                  Owner Occupied          64.73           71,124.31           9.150
                  CICERO, IL 60804                   First                  08/04/2027      110,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7080307         BLAKLEY                            1-Family               360              46,800.00          417.64
                  17203 BILTMORE AVE                 Owner Occupied          65.00           46,756.45          10.200
                  CLEVELAND, OH 44126                First                  08/08/2027       72,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7080305         Bedford                            1-Family               360             112,500.00        1,054.40
                  5828 SOUTH TALMAN                  Owner Occupied          90.00          112,373.16          10.800
                  CHICAGO, IL 60629                  First                  07/14/2027      125,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7080310         Meadows JR.                        1-Family               360              49,000.00          410.24
                  304 ROSEBANK AVE                   Owner Occupied          75.38           48,951.08           9.450
                  NASHVILLE, TN 37206                First                  08/05/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MD7080066         Ojuri                              1-Family               240              52,000.00          555.91
                  1442 PLEASANT STREET               Owner Occupied          65.00           51,944.07          11.538
                  NEW BEDFORD, MA 02745              First                  10/01/2017       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NB7090121         MARQUEZ                            1-Family               360             163,000.00        1,558.45
                  906 MEADOWLARK DRIVE               Owner Occupied          88.11          162,942.51          11.050
                  LACEY, NJ 08734                    First                  10/01/2027      189,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100009         HILL                               1-Family               360             105,600.00          989.73
                  11808 WAINWRIGHT BLVD.             Owner Occupied          80.00          105,600.00          10.800
                  FISHERS, IN 46038                  First                  10/08/2027      132,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100013         DAVIS                              1-Family               360              23,200.00          219.19
                  424 KENSINGTON                     Owner Occupied          80.00           23,200.00          10.900
                  KANSAS CITY, MO 64124              First                  10/08/2027       29,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100314         CARL                               1-Family               360              48,000.00          435.49
                  9501 HOWARD CITY EDMORE ROAD       Owner Occupied          73.85           48,000.00          10.400
                  VESTABURG, MI 48891                First                  10/07/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100322         WRIGHT                             1-Family               360              42,000.00          368.58
                  2633 LONG LAKE ROAD                Owner Occupied          53.16           42,000.00          10.000
                  ORLEANS, MI 48865                  First                  10/08/2027       79,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100476         STUBBLEFIELD                       1-Family               360              68,000.00          657.88
                  1217 SANFORD AVE                   Owner Occupied          80.00           68,000.00          11.200
                  CHATTANOOGA, TN 37411              First                  10/09/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             90       Page Balance:      $851,891.58      Generated By: Dmenegus
<PAGE>   93
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>                 <C>
BD7101102         SCHIERLINGER                       1-Family               360              60,000.00          570.94
                  3814 MILL ST.                      Owner Occupied          78.95           60,000.00          10.990
                  NORTH BRANCH, MI 48461             First                  10/09/2027       76,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101103         MELLOR                             1-Family               360              68,250.00          642.24
                  10216 ERIE ST.                     Owner Occupied          75.00           68,250.00          10.850
                  GOODRICH, MI 48438                 First                  10/09/2027       91,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101105         NAZARIJCHUK                        1-Family               360              73,000.00          627.18
                  2618 STERLING TRUCK TRAIL          Owner Occupied          64.32           73,000.00           9.750
                  ALGER, MI 48610                    First                  10/09/2027      113,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7105003         HARRIS                             1-Family               360              27,100.00          256.24
                  9813 BENNINGTON                    Owner Occupied          52.12           27,100.00          10.910
                  KANSAS CITY, MO 64134              First                  10/08/2027       52,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7105005         FREEMAN                            1-Family               360              48,875.00          476.93
                  2312 N.W. 46TH STREET              Owner Occupied          85.00           48,875.00          11.310
                  LAWTON, OK 73505                   First                  10/08/2027       57,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100166         BENNETT                            1-Family               360              22,750.00          259.69
                  1712 N. 51ST                       Owner Occupied          58.33           22,750.00          13.450
                  WASHINGTON, IL 62207               First                  10/14/2027       39,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100167         WALLACE                            1-Family               360              35,000.00          370.83
                  5401 CURRY RD.                     Owner Occupied          57.38           35,000.00          12.400
                  PITTSBURGH, PA 15236               First                  10/14/2027       61,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100475         SCHEFF                             1-Family               360              35,520.00          305.17
                  3985 WALKER RD                     Owner Occupied          62.32           35,520.00           9.750
                  HILL CITY, MN 55748                First                  10/09/2027       57,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101096         KRUMENAKER                         1-Family               360              62,400.00          556.85
                  1071 N. SANDUSKY RD.               Owner Occupied          80.00           62,400.00          10.200
                  SANDUSKY, MI 48471                 First                  10/10/2027       78,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101099         PARRISH                            1-Family               360              35,000.00          359.75
                  3019 WALCOTT ST.                   Owner Occupied          81.40           35,000.00          11.990
                  SAGINAW, MI 48601                  First                  10/10/2027       43,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090186         NORMAN                             1-Family               360              36,000.00          363.39
                  232 PEARL HARBOR STREET            Owner Occupied          80.00           35,978.11          11.750
                  BRIDGEPORT, CT 06610               First                  09/01/2027       45,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7090586         STATHE                             1-Family               360              36,000.00          309.30
                  28 BARKER STREET                   Owner Occupied          75.00           35,983.20           9.750
                  ROCHESTER, NY 14611                First                  10/01/2027       48,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             91       Page Balance:      $539,856.31     Generated By: Dmenegus
<PAGE>   94
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7100018         MILLS, II                          1-Family               360              64,600.00          517.46
                  2204 FARRAND RD.                   Owner Occupied          85.00           64,600.00           8.950
                  CLIO, MI 48420                     First                  10/13/2027       76,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100165         WEBB                               1-Family               360              75,200.00          578.22
                  1320 ARCH STREET                   Owner Occupied          80.00           75,200.00           8.500
                  PITTSBURGH, PA 15212               First                  10/14/2027       94,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100479         CONSTABLE                          1-Family               360              31,875.00          329.10
                  888 LINDEN ST                      Owner Occupied          75.00           31,875.00          12.050
                  LEHIGH, IA 50557                   First                  10/13/2027       42,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100642         JACKSON                            1-Family               360              26,000.00          236.86
                  4421 W. FULTON STREET              Owner Occupied          34.21           26,000.00          10.450
                  CHICAGO, IL 60624                  First                  10/13/2027       76,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095052         HOOSIER                            1-Family               360              63,750.00          648.39
                  1319 EAST OAK STREET               Owner Occupied          85.00           63,750.00          11.850
                  EL RENO, OK 73036                  First                  10/06/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100001         WALKER                             1-Family               360              60,000.00          560.09
                  99 CRESCENT ST.                    Owner Occupied          80.00           60,000.00          10.750
                  FRANKLIN, IN 46131                 First                  10/14/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100003         SIARKOWSKI                         1-Family               360             120,000.00        1,027.46
                  74645 MEMPHIS RIDGE RD.            Owner Occupied          85.11          120,000.00           9.710
                  RICHMOND, MI 48062                 First                  10/15/2027      141,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100006         RIECK                              1-Family               360              39,000.00          386.21
                  9384 M-25                          Owner Occupied          65.00           39,000.00          11.500
                  FAIRGROVE, MI 48733                First                  10/07/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100158         COTTON                             1-Family               360              27,500.00          314.99
                  16 MARKET STREET                   Owner Occupied          50.00           27,500.00          13.500
                  ELIZABETH, PA 15037                First                  10/15/2027       55,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100162         BIRCHMIER                          1-Family               360              58,000.00          558.93
                  5 HOLIDAY DRIVE                    Owner Occupied          70.73           58,000.00          11.150
                  COLLINSVILLE, IL 62234             First                  10/09/2027       82,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100164         STACK                              1-Family               360              54,800.00          480.50
                  215 N. HAMPTON STREET              Owner Occupied          80.00           54,800.00           9.990
                  BAY CITY, MI 48708                 First                  10/09/2027       68,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100313         MEAD                               1-Family               360              26,250.00          254.96
                  136 POST AVE.                      Owner Occupied          75.00           26,250.00          11.250
                  BATTLE CREEK, MI 49014             First                  10/09/2027       35,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             92       Page Balance:      $646,975.00     Generated By: Dmenegus
<PAGE>   95
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>                 <C>
BD7100315         BADGLEY                            1-Family               360              46,475.00          530.50
                  11313 HAZELTON                     Owner Occupied          66.39           46,475.00          13.450
                  REDFORD, MI 48239                  First                  10/10/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100317         DEARY                              1-Family               360              40,000.00          343.66
                  1207 SOUTH WENONA                  Owner Occupied          74.77           40,000.00           9.750
                  BAY CITY, MI 48706                 First                  10/09/2027       53,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100318         IRVING                             1-Family               360              33,000.00          273.88
                  408 GLADYS STREET                  Owner Occupied          47.14           33,000.00           9.350
                  PLAINWELL, MI 49080                First                  10/09/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100319         WILSON                             1-Family               360              25,000.00          226.82
                  1206 MILLS STREET                  Owner Occupied          71.43           25,000.00          10.400
                  KALAMAZOO, MI 49001                First                  10/08/2027       35,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100320         HESS                               1-Family               360              51,000.00          421.78
                  11922 BELMONT AVE.                 Owner Occupied          75.00           51,000.00           9.310
                  CLEVELAND, OH 44111                First                  10/11/2027       68,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100481         NELSON                             1-Family               360              26,250.00          254.96
                  205 W WASHINGTON                   Owner Occupied          75.00           26,250.00          11.250
                  EXIRA, IA 50076                    First                  10/14/2027       35,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100631         WATT                               1-Family               360              29,400.00          285.55
                  2333 BUSCH ROAD                    Owner Occupied          70.00           29,400.00          11.250
                  BIRCH RUN, MI 48415                First                  10/14/2027       42,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100634         TIGUE                              1-Family               360              70,550.00          598.38
                  540 GENEVA AVENUE                  Owner Occupied          83.00           70,550.00           9.600
                  BELLWOOD, IL 60104                 First                  10/08/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100782         PARKER                             1-Family               360              64,500.00          585.19
                  5286 MONTICELLO DRIVE              Owner Occupied          75.00           64,500.00          10.400
                  LAPEER, MI 48446                   First                  10/09/2027       86,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100785         MULLINS                            1-Family               360              52,000.00          487.37
                  1417 PROSPECT AVENUE               Owner Occupied          80.00           52,000.00          10.800
                  WORTHINGTON, KY 41183              First                  10/09/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101097         HOSHAW                             1-Family               360              20,000.00          234.60
                  317 W. MILL ST.                    Owner Occupied          46.51           20,000.00          13.850
                  ATHENS, MI 49011                   First                  10/08/2027       43,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7105000         PELKA                              1-Family               360              71,000.00          641.52
                  5222 BOWMAN                        Owner Occupied          66.98           71,000.00          10.350
                  ST. CLAIR, MI 48079                First                  10/10/2027      106,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             93       Page Balance:      $529,175.00      Generated By: Dmenegus
<PAGE>   96
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7105006         FRANKLIN                           1-Family               360              19,000.00          234.94
                  6156 PALMETTO DRIVE                Owner Occupied          61.29           19,000.00          14.650
                  MT. MORRIS, MI 48458               First                  10/09/2027       31,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7105008         ROSSELL                            1-Family               360              52,000.00          475.28
                  4715 W. CURTIS ROAD                Owner Occupied          78.79           52,000.00          10.490
                  SAGINAW, MI 48601                  First                  10/10/2027       66,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
CB7090328         MANCHESTER                         1-Family               360              50,000.00          542.88
                  760 SHEPHERDS FORK ROAD            Owner Occupied          50.00           50,000.00          12.738
                  WEST PORTSMOUTH, OH 45663          First                  10/14/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
CB7100055         RUEHL                              1-Family               360              54,400.00          556.98
                  10238 CHIPPENHAM COURT             Owner Occupied          80.00           54,400.00          11.938
                  CINCINNATI, OH 45231               First                  10/14/2027       68,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FB7080369         PONCE                              1-Family               360             100,300.00          969.46
                  711 HIGHLAND DRIVE                 Owner Occupied          85.00          100,300.00          11.188
                  LAURINBURG, NC 28352               First                  11/01/2027      118,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
ID7080037         Magruder                           1-Family               360             172,000.00        1,343.06
                  255 EAST WALL STREET               Owner Occupied          80.00          171,797.98           8.668
                  CAMANO ISLAND, WA 98292            First                  09/01/2027      215,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NB7090122         CROWLEY                            1-Family               360              94,500.00          884.85
                  24-26 22ND STREET                  Owner Occupied          70.00           94,500.00          10.788
                  IRVINGTON, NJ 07006                First                  11/01/2027      135,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100011         HARPER                             1-Family               360              28,000.00          280.49
                  710 N. WELLS RD.                   Owner Occupied          80.00           28,000.00          11.650
                  BENTON HARBOR, MI 49022            First                  10/15/2027       35,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100177         GRIMMETT                           1-Family               360              31,500.00          270.63
                  2918 MARKET AVENUE                 Owner Occupied          79.75           31,500.00           9.750
                  EAST ST. LOUIS, IL 62207           First                  10/16/2027       39,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100182         POWELL                             1-Family               360              63,600.00          696.09
                  104 WEST MAIN STREET               Owner Occupied          60.00           63,600.00          12.850
                  NORTH EAST, PA 16428               First                  10/16/2027      106,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100323         DUBISHAR                           1-Family               360             136,000.00        1,233.89
                  4060 SOUTH 5TH                     Owner Occupied          74.93          136,000.00          10.400
                  KALAMAZOO, MI 49009                First                  10/15/2027      181,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101104         HOGUE                              1-Family               360              35,000.00          417.48
                  3141 S OLD US 31 RR5 BOX 79E       Owner Occupied          36.84           35,000.00          14.100
                  FRANKLIN, IN 46131                 First                  10/08/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             94       Page Balance:      $836,097.98     Generated By: Dmenegus
<PAGE>   97
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7105013         CARTER                             1-Family               360              53,550.00          670.69
                  641 S.W. 2ND STREET                Owner Occupied          70.00           53,550.00          14.850
                  MOORE, OK 73160                    First                  10/14/2027       76,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100172         SMITH                              1-Family               360              45,000.00          469.82
                  R.D. 1 TELESCOPE ROAD              Owner Occupied          60.00           45,000.00          12.200
                  ULYSSES, PA 16948                  First                  10/17/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100480         PULLEN                             1-Family               360              46,875.00          439.33
                  1729 SECOND ST                     Owner Occupied          75.00           46,875.00          10.800
                  SALISBURY, NC 28144                First                  10/16/2027       62,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100485         MORRIS                             1-Family               360              22,500.00          234.91
                  2513 S FILMORE                     Owner Occupied          75.00           22,500.00          12.200
                  LITTLE ROCK, AR 72204              First                  10/16/2027       30,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100645         LYONS III                          1-Family               360              34,400.00          322.41
                  270 NORTH SEFFNER AVENUE           Owner Occupied          80.00           34,400.00          10.800
                  MARION, OH 43302                   First                  10/16/2027       43,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100789         LOVELL-PADDOCK                     1-Family               360              36,000.00          346.92
                  207 DIVISION STREET                Owner Occupied          72.00           36,000.00          11.150
                  MANTON, MI 49663                   First                  10/09/2027       50,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101107         RAE                                1-Family               360              47,900.00          455.80
                  600 S. FRANCIS                     Owner Occupied          69.93           47,900.00          10.990
                  LANSING, MI 48912                  First                  10/16/2027       68,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105444         GLENN                              1-Family               360              12,500.00          148.61
                  1930 MONTEREY                      Owner Occupied          50.00           12,497.74          14.050
                  DETROIT, MI 48206                  First                  10/01/2027       25,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105450         LARSON                             1-Family               360             181,000.00        1,507.45
                  4318 RAVINEWOOD                    Owner Occupied          77.35          180,908.88           9.390
                  COMMERCE TWP, MI 48382             First                  10/01/2027      234,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105456         MUSTAMAA                           1-Family               360              53,000.00          407.53
                  22335 STEPHENS                     Owner Occupied          64.63           52,967.89           8.500
                  ST CLAIR  SHORES, MI 48080         First                  10/01/2027       82,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105561         CARRINGTON                         1-Family               360             127,200.00        1,279.10
                  58 E MILTON ST                     Owner Occupied          80.00          127,161.10          11.700
                  FREEPORT, NY 11520                 First                  10/01/2027      159,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105563         FAZIO                              1-Family               360              68,000.00          631.70
                  225 LINCOLN STREET                 Owner Occupied          80.00           67,974.07          10.690
                  LEOMINSTER, MA 01453               First                  10/01/2027       88,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             95       Page Balance:      $727,734.68     Generated By: Dmenegus
<PAGE>   98
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
FC7105566         GREY                               1-Family               360             130,500.00        1,241.80
                  923 L STREET, NE                   Owner Occupied         130.50          130,453.36          10.990
                  WASHINGTON, DC 20002               First                  10/01/2027      148,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105567         GROVENOR                           1-Family               360              95,920.00          884.60
                  2005 E PEGASUS DR                  Owner Occupied          88.00           95,845.05          10.600
                  TUCON, AZ 85730                    First                  09/01/2027      109,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105577         GILL                               1-Family               360              92,000.00          875.44
                  609 WEST 5TH AVENUE                Owner Occupied          80.00           91,967.13          10.990
                  MESA, AZ 85204                     First                  10/01/2027      116,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100004         WILLIAMS                           1-Family               360              27,950.00          255.67
                  383 DOYLE ST.                      Owner Occupied          66.55           27,950.00          10.500
                  AKRON, OH 44303                    First                  10/10/2027       42,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100161         TITUS, III                         1-Family               360             101,150.00          869.03
                  724 OSBORNE                        Owner Occupied          85.00          101,150.00           9.750
                  MIDLAND, MI 48640                  First                  10/09/2027      119,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100184         BERVILLER                          1-Family               360              28,800.00          314.09
                  3220 LIBERTY                       Owner Occupied          80.00           28,800.00          12.800
                  ST. LOUIS, MO 63111                First                  10/20/2027       36,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100325         ARNETT                             1-Family               360              53,500.00          549.90
                  109 S. HURON                       Owner Occupied          74.98           53,500.00          11.990
                  KAWKAWLIN, MI 48631                First                  10/09/2027       71,350.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100484         BENNETT                            1-Family               360             118,000.00        1,039.90
                  2316 LAKE RD.                      Owner Occupied          73.75          118,000.00          10.050
                  LANCASTER, OH 43130                First                  10/17/2027      160,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100626         CASTLE                             1-Family               360              46,400.00          480.85
                  1436 BRIARWOOD AVENUE              Owner Occupied          80.00           46,400.00          12.100
                  COLUMBUS, OH 43211                 First                  10/08/2027       58,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100797         PARSONS                            1-Family               360             161,100.00        1,547.60
                  276 W. HARVARD CIRCLE              Owner Occupied          90.00          161,100.00          11.110
                  SOUTH ELGIN, IL 60177              First                  10/13/2027      179,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100798         KANTHE, JR                         1-Family               360              83,000.00          664.85
                  9091 LOUISE                        Owner Occupied          90.22           83,000.00           8.950
                  LIVONIA, MI 48150                  First                  10/15/2027       92,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100803         CANTU                              1-Family               360              13,500.00          119.47
                  2120 S. WASHTENAW AVENUE           Owner Occupied          10.00           13,500.00          10.100
                  CHICAGO, IL 60608                  First                  10/15/2027      135,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             96       Page Balance:      $951,665.54     Generated By: Dmenegus
<PAGE>   99
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>                 <C>
BD7101109         MASENGALE                          1-Family               360              65,000.00          558.45
                  9396 RUSSELL DR.                   Owner Occupied          75.14           65,000.00           9.750
                  GREENVILLE, MI 48838               First                  10/16/2027       86,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101113         STAHL                              1-Family               360              18,750.00          204.49
                  702 N. CATHERINE ST.               Owner Occupied          62.50           18,750.00          12.800
                  BAY CITY, MI 48706                 First                  10/16/2027       30,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101117         MACHERZAK                          1-Family               360              35,000.00          339.94
                  914 GARFIELD AVE.                  Owner Occupied          68.63           35,000.00          11.250
                  BAY CITY, MI 48708                 First                  10/17/2027       51,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
CB7100030         DEBRAUX                            1-Family               360              32,800.00          312.07
                  439 NORTH KILMER STREET            Owner Occupied          80.00           32,800.00          10.988
                  DAYTON, OH 45417                   First                  10/20/2027       41,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
CC7070070         VENTURINO                          1-Family               360              82,600.00          776.53
                  10256 DUFFIELD ROAD                Owner Occupied          70.00           82,600.00          10.838
                  MONTROSE, MI 48457                 First                  11/01/2027      118,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FB7080829         WADLEY                             1-Family               360              42,500.00          372.66
                  523 LOWELL STREET                  Owner Occupied          85.00           42,481.15           9.990
                  PITTSBURGH, PA 15206               First                  10/01/2027       50,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100174         MILLER, JR.                        1-Family               360              57,600.00          542.02
                  634 W. GRAND RIVER                 Owner Occupied          80.00           57,600.00          10.850
                  WILLIAMSTON, MI 48895              First                  10/15/2027       72,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100194         VON ZUR MUEHLEN                    1-Family               360              68,500.00          808.93
                  1725 DEL NORTE AVENUE              Owner Occupied          69.19           68,500.00          13.950
                  ST. LOUIS, MO 63117                First                  10/21/2027       99,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100316         HASYN                              1-Family               360             112,200.00          963.97
                  12091 WEST BALDWIN                 Owner Occupied          74.80          112,200.00           9.750
                  GAINES, MI 48456                   First                  10/08/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100329         SOVA                               1-Family               360              67,000.00          491.62
                  2620 DECKER ROAD                   Owner Occupied          74.44           67,000.00           8.000
                  MARLETTE, MI 48453                 First                  10/14/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100330         SUSZEK                             1-Family               360              52,000.00          456.34
                  12919 M-33 NORTH                   Owner Occupied          69.33           52,000.00          10.000
                  ATLANTA, MI 49709                  First                  10/17/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100335         ALSTON                             1-Family               360              13,500.00          166.93
                  829 W. 20TH STREET                 Owner Occupied          30.00           13,500.00          14.650
                  LORAIN, OH 44052                   First                  10/16/2027       45,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             97       Page Balance:      $647,431.15     Generated By: Dmenegus
<PAGE>   100
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7100338         SHRADER                            1-Family               360              21,000.00          195.24
                  8097 WESTWOOD                      Owner Occupied          70.00           21,000.00          10.700
                  DETROIT, MI 48228                  First                  10/16/2027       30,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100339         CRUZ                               1-Family               360              46,500.00          487.27
                  2421 LYONS AVE.                    Owner Occupied          70.45           46,500.00          12.250
                  LANSING, MI 48910                  First                  10/16/2027       66,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100345         MARHANKA                           1-Family               360              36,500.00          320.31
                  52362 GARRET ROAD                  Owner Occupied          48.67           36,500.00          10.000
                  DOWAGIAC, MI 49047                 First                  10/17/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100486         SIMPSON                            1-Family               360              67,500.00          638.23
                  1010 S. BUERKLE                    Owner Occupied          90.00           67,500.00          10.910
                  STUTTGART, AR 72160                First                  10/17/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100802         DICK                               1-Family               360              41,200.00          375.33
                  1320 WIELAND                       Owner Occupied          82.40           41,200.00          10.450
                  LANSING, MI 48906                  First                  10/16/2027       50,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100813         HOFFMAN                            1-Family               360              60,000.00          614.86
                  4155 HILLCREST DRIVE               Owner Occupied          75.00           60,000.00          11.950
                  CAMDEN, MI 49232                   First                  10/20/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101118         WILLIS                             1-Family               360              20,800.00          209.96
                  1022 LELAND ST.                    Owner Occupied          65.00           20,800.00          11.750
                  FLINT, MI 48507                    First                  10/20/2027       32,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
CB7080382         SMITH                              1-Family               360              52,000.00          494.74
                  2712 HOMECROFT DRIVE               Owner Occupied          80.00           52,000.00          10.988
                  COLUMBUS, OH 43221                 First                  10/21/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
CB7100176         SOLOMAN                            1-Family               360              76,800.00          701.84
                  3636 SOLARVISTA PL                 Owner Occupied          80.00           76,800.00          10.488
                  CINCINNATI, OH 45213               First                  10/21/2027       96,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105476         ZUCKERMAN                          1-Family               360             172,000.00        1,638.00
                  2 S BEECHWOOD RD                   Owner Occupied          80.00          171,938.67          11.000
                  BEDFORD HILLS, NY 10507            First                  10/01/2027      215,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105581         BELL                               1-Family               360              48,500.00          397.25
                  550 KILGORE ROAD                   Owner Occupied          75.78           48,500.00           9.200
                  KINGS MOUNTAIN, NC 28086           First                  11/01/2027       64,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105582         BROWN                              1-Family               360              81,000.00          695.92
                  65 WILSON AVENUE                   Owner Occupied          75.00           81,000.00           9.750
                  EASTHAM, MA 02651                  First                  11/01/2027      108,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             98       Page Balance:      $723,738.67     Generated By: Dmenegus
<PAGE>   101
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>                 <C>
FC7105761         PIKE                               1-Family               360              79,600.00          840.28
                  9009 305TH AVENUE NORTH            Owner Occupied          80.00           79,600.00          12.350
                  PRINCETON, MI 55371                First                  11/01/2027       99,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7100640         SMITH                              1-Family               360              35,000.00          353.56
                  234 SAWYER AVE.                    Owner Occupied          70.00           35,000.00          11.760
                  LAGRANGE, IL 60525                 First                  10/10/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095045         JOHNSON, JR.                       1-Family               360              44,000.00          384.51
                  13500 MANSFIELD                    Owner Occupied          73.33           43,980.32           9.950
                  DETROIT, MI 48227                  First                  10/01/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100336         FOLDES                             1-Family               360              45,240.00          430.49
                  2068 W. 98TH STREET                Owner Occupied          74.16           45,240.00          10.990
                  CLEVELAND, OH 44102                First                  10/16/2027       61,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100498         WELLS                              1-Family               360              31,440.00          279.40
                  209 MONONA ST                      Owner Occupied          80.00           31,440.00          10.150
                  BOONE, IA 50036                    First                  10/21/2027       39,300.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100660         HERALD                             1-Family               360              20,000.00          229.08
                  74 SARATOGA DRIVE                  Owner Occupied          33.61           20,000.00          13.500
                  JOHNSTOWN, OH 43031                First                  10/20/2027       59,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100664         WOLPA                              1-Family               360              75,000.00          633.38
                  880 SWALLOW COURT                  Owner Occupied          44.12           75,000.00           9.550
                  DEERFIELD, IL 60015                First                  10/21/2027      170,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100788         STAPLETON                          1-Family               360              25,000.00          253.31
                  RT 2 BOX 2166                      Owner Occupied          50.00           25,000.00          11.800
                  WAYNE, WV 25570                    First                  10/09/2027       50,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7105004         MACIAG                             1-Family               360              71,250.00          692.02
                  188 W. FREELAND ROAD               Owner Occupied          75.00           71,250.00          11.250
                  FREELAND, MI 48623                 First                  10/09/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7105018         FRICK                              1-Family               360              76,050.00          892.07
                  8900  LAWRENCEBURG ROAD            Owner Occupied          62.85           76,050.00          13.850
                  HARRODSBURG, KY 40330              First                  10/22/2027      121,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7105020         RIES                               1-Family               360              69,000.00          763.28
                  217 E. GRANT STREET                Owner Occupied          75.00           69,000.00          13.000
                  SHERIDAN, MI 48884                 First                  10/21/2027       92,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
CB7090163         FISHER                             1-Family               360              49,500.00          487.86
                  406 W. MARKET ST                   Owner Occupied          75.00           49,500.00          11.438
                  ROCKFORD, OH 45882                 First                  10/14/2027       80,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
             99       Page Balance:      $621,060.32    Generated By: Dmenegus
<PAGE>   102
 
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
FC7105742         BROWN                              1-Family               360              55,200.00          566.94
                  3651 COLFAX AVE N                  Owner Occupied          80.00           55,200.00          11.980
                  MINNEAPOLIS, MN 55412              First                  11/01/2027       69,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105747         DRESSEL                            1-Family               360              57,200.00          557.73
                  717 6TH  AVE                       Owner Occupied          80.00           57,180.90          11.300
                  HOWARD LAKE, MN 55349              First                  10/01/2027       71,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105748         HANLON                             1-Family               360             121,450.00        1,021.22
                  P8464 OLD HIGHWAY W                Owner Occupied          70.00          121,390.26           9.500
                  PRESQUE, WI 54557                  First                  10/01/2027      173,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105757         NYBERG                             1-Family               360             112,500.00        1,008.11
                  2213 OAKRIDGE ROAD                 Owner Occupied          90.00          112,452.83          10.250
                  STILLWATER, MN 55082               First                  10/01/2027      125,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105763         TRULOVE                            1-Family               360              59,920.00          607.14
                  3856 CLINTON AVE S                 Owner Occupied          80.00           59,902.07          11.800
                  MINNEAPOLIS, MN 55409              First                  10/01/2027       78,900.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TB7080067         FRANZESE                           1-Family               360              50,000.00          423.65
                  5282 NORTHWEST 55TH TERRACE        Owner Occupied          39.06           50,000.00           9.588
                  COCONUT CREEK, FL 33073            First                  11/01/2027      128,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7080509         PAGE                               1-Family               360             105,000.00          992.01
                  815 FLECHER PIKE                   Owner Occupied          70.00          104,961.74          10.900
                  SOUTH CHARLESTON, OH 45368         First                  10/01/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100181         HENRY, JR.                         1-Family               360              38,400.00          359.90
                  207 SHERMAN AVENUE                 Owner Occupied          80.00           38,400.00          10.800
                  VANDERGRIFT, PA 15690              First                  10/18/2027       48,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100185         LAVECCHIA                          1-Family               360             137,250.00        1,185.24
                  396 CHRISTY ROAD                   Owner Occupied          75.00          137,250.00           9.810
                  EIGHTY FOUR, PA 15530              First                  10/18/2027      183,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100200         CONEY                              1-Family               360              30,000.00          351.90
                  2437 WHITE STREET                  Owner Occupied          75.00           30,000.00          13.850
                  CAHOKIA, IL 62206                  First                  10/23/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100321         WOODSTOCK                          1-Family               360              83,200.00          833.46
                  424 S. FARMER STREET               Owner Occupied          74.95           83,200.00          11.650
                  OTSEGO, MI 49078                   First                  10/14/2027      111,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100341         TURNER-BEY                         1-Family               360              28,800.00          288.50
                  210 E. CARPENTER                   Owner Occupied          72.00           28,800.00          11.650
                  FLINT, MI 48505                    First                  10/20/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            100       Page Balance:      $878,737.80   Generated By: Dmenegus
<PAGE>   103
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7100343         JACKSON                            1-Family               360              18,000.00          157.96
                  319 E. HIGH STREET                 Owner Occupied          51.43           18,000.00          10.000
                  JACKSON, MI 49203                  First                  10/17/2027       35,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100346         AYCOCK                             1-Family               360              80,750.00          723.60
                  314 N. RIDGEWAY                    Owner Occupied          74.77           80,750.00          10.250
                  BATTLE CREEK, MI 49015             First                  10/16/2027      108,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100354         FOSS                               1-Family               360              20,250.00          202.08
                  15327 GRAYFIELD                    Owner Occupied          75.00           20,250.00          11.600
                  DETROIT, MI 48223                  First                  10/22/2027       27,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100652         CARR                               1-Family               360              17,000.00          188.05
                  167 PINE STREET                    Owner Occupied          56.67           17,000.00          13.000
                  ZANESVILLE, OH 43701               First                  10/18/2027       30,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100655         JOHNROE                            1-Family               360              52,000.00          505.06
                  1813 9TH STREET                    Owner Occupied          74.29           52,000.00          11.250
                  BAY CITY, MI 48708                 First                  10/20/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100805         ALLISON                            1-Family               360              57,000.00          500.22
                  6475 WHITNEYVILLE ROAD             Owner Occupied          69.51           57,000.00          10.000
                  MIDDLEVILLE, MI 49333              First                  10/16/2027       82,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101114         COLEMAN                            1-Family               360              55,250.00          474.68
                  1105 DAVIS AVE.                    Owner Occupied          85.00           55,250.00           9.750
                  ESTELLINE, SD 57234                First                  10/22/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101119         WRISLEY                            1-Family               360              30,000.00          263.27
                  3025 NEFF RD.                      Owner Occupied          66.67           30,000.00          10.000
                  EDMORE, MI 48824                   First                  10/22/2027       45,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101126         ADCOCK                             1-Family               360              45,000.00          391.59
                  100 RIVERTRAIL DR.                 Owner Occupied          64.29           45,000.00           9.900
                  BAY CITY, MI 48706                 First                  10/22/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101129         JEFFREY                            1-Family               360             123,200.00        1,081.17
                  1401 SWAN HILL                     Owner Occupied          80.00          123,200.00          10.000
                  ALBERT LEA, MN 56007               First                  10/22/2027      154,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FB7100842         SAVAGE                             1-Family               360              41,650.00          383.74
                  1084 BELLS MILL ROAD               Owner Occupied          85.00           41,650.00          10.588
                  CHESAPEAKE, VA 23324               First                  11/01/2027       61,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7100079         NALAN                              1-Family               360              48,000.00          470.95
                  1735 CLEVELAND STREET              Owner Occupied          80.00           47,984.25          11.380
                  BELOIT, WI 53511                   First                  10/01/2027       61,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            101       Page Balance:      $588,084.25    Generated By: Dmenegus
<PAGE>   104
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>           <C>                 <C>
FC7100788         COLEMAN                            1-Family               360              46,320.00          451.30
                  1135 CROSBY STREET                 Owner Occupied          80.00           46,320.00          11.290
                  ROCKFORD, IL 61107                 First                  11/01/2027       58,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105752         KEMPER                             1-Family               360              19,000.00          217.63
                  835 BOX296                         Owner Occupied          50.00           18,996.12          13.500
                  ATIKIN, MN 56431                   First                  10/01/2027       38,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092513         WANDASS                            1-Family               360              48,000.00          420.88
                  5130 ALEXANDER DRIVE               Owner Occupied          36.92           47,978.72           9.990
                  CLARENCE, NY 14031                 First                  09/16/2027      130,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092514         WEATHERSPOON                       1-Family               360              40,600.00          409.82
                  959 SOUTH 22ND ST                  Owner Occupied          70.00           40,587.65          11.750
                  COLUMBUS, OH 43206                 First                  09/17/2027       58,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092516         WHITE                              1-Family               360              48,000.00          456.75
                  238 SETCHELL STREET                Owner Occupied          80.00           47,982.85          10.990
                  CINCINNATI, OH 45226               First                  09/15/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092518         WORTHING                           1-Family               360              69,750.00          611.59
                  1941 TONAWANDA AVE                 Owner Occupied          90.00           69,719.08           9.990
                  AKRON, OH 44305                    First                  09/15/2027       77,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092520         ZOZAYA                             1-Family               360             138,750.00        1,216.61
                  4240-4242  PERRY STREET            Owner Occupied          75.00          138,688.48           9.990
                  DENVER, CO 80212                   First                  09/15/2027      185,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092574         COSTANZO                           1-Family               360              61,200.00          465.17
                  4134 DONNYBROOK LN                 Owner Occupied          90.00           61,123.65           8.375
                  CHARLOTTE, NC 28205                First                  09/01/2027       68,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092619         RAFAEL                             1-Family               360             500,000.00        4,569.96
                  11 VINEYARD DRIVE                  Owner Occupied          46.51          499,800.87          10.490
                  SAN ANTONIO, TX 78257              First                  09/17/2027    1,075,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092620         PAGANO                             1-Family               360              94,500.00          828.61
                  154 TRUBERG AVENUE                 Owner Occupied          90.00           94,458.10           9.990
                  PATCHOGUE, NY 11772                First                  09/16/2027      105,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092621         REED                               1-Family               360             103,700.00        1,011.14
                  921 NE 98TH AVENUE                 Owner Occupied          85.00          103,665.37          11.300
                  VANCOUVER, WA 98664                First                  10/01/2027      122,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092622         RIVERA                             1-Family               360             150,750.00        1,321.83
                  8518 BARRENS ROAD NW               Owner Occupied          90.00          150,683.16           9.990
                  ROANOKE, VA 24019                  First                  09/10/2027      170,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            102       Page Balance:    $1,320,004.05      Generated By: Dmenegus
<PAGE>   105
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7092623         RUSSELL                            1-Family               360              26,000.00          287.41
                  907 WISNER AVENUE                  Owner Occupied          65.00           25,994.04          12.990
                  ELMIRA, NY 14901                   First                  09/15/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092625         SANDIFER                           1-Family               360              72,250.00          633.51
                  2352 BELVOIR BLVD                  Owner Occupied          85.00           72,217.97           9.990
                  CLEVELAND, OH 44121                First                  09/17/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092626         SHEPLEY                            1-Family               360              54,000.00          473.49
                  64 SOUTH STREET                    Owner Occupied          80.00           53,976.06           9.990
                  WEST WINFIELD, NY 13491            First                  09/16/2027       67,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092627         SHIVERS                            1-Family               360             144,000.00        1,262.64
                  394 BAYVIEW AVENUE                 Owner Occupied          80.00          143,936.16           9.990
                  INWOOD, NY 11096                   First                  09/16/2027      180,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092631         SWAYBILL                           1-Family               360             127,500.00        1,072.09
                  28 VICTORIA DRIVE                  Owner Occupied          85.00          127,437.29           9.500
                  VEWBURGH, NY 12550                 First                  09/12/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092632         VILLARREAL                         1-Family               360             196,000.00        1,859.15
                  2592 GLAD DRIVE                    Owner Occupied          80.00          195,929.35          10.950
                  SANTA CLARA, CA 95051              First                  09/15/2027      245,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092634         WHITEHEAD, SR.                     1-Family               360              72,000.00          621.24
                  4107 ALTO ROAD                     Owner Occupied          84.71           71,966.76           9.800
                  BALTIMORE, MD 21216                First                  09/12/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092578         ARMOUR                             1-Family               360             127,500.00        1,076.74
                  1110 LA VEGA ROAD                  Owner Occupied          85.00          127,437.95           9.550
                  BOSQUE FARMS, NM 87068             First                  09/17/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092581         BIRD                               1-Family               360             178,500.00        1,822.34
                  13173 CABINWOOD DRIVE              Owner Occupied          85.00          178,395.06          11.900
                  SILVER SPRINGS, MD 20904           First                  09/01/2027      235,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092585         CHAVIS                             1-Family               360             114,300.00          952.77
                  48 ONTARIO STREET                  Owner Occupied          90.00          114,242.58           9.400
                  HONEOYE FALLS, NY 14472            First                  09/15/2027      128,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092587         CONNOLLY,JR.                       1-Family               360              71,200.00          638.03
                  30 CEDARBROOK LANE                 Owner Occupied          80.00           71,109.65          10.250
                  LITTLE EGG HARBOR, NJ 08087        First                  06/30/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092588         DEMPSEY                            1-Family               360             164,000.00        1,318.40
                  116 HALE AVENUE                    Owner Occupied          80.00          163,910.23           8.990
                  BROOKLYN, NY 11208                 First                  09/15/2027      205,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            103       Page Balance:    $1,346,553.10      Generated By: Dmenegus
<PAGE>   106
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7092591         DOTTS                              1-Family               360              76,110.00          653.90
                  HC 70 BOX 2C                       Owner Occupied          71.80           76,074.49           9.750
                  SANTA FE, NM 87505                 First                  09/15/2027      106,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092593         DUTCHER                            1-Family               360              45,600.00          383.43
                  BOX 2270 WEBBER ROAD               Owner Occupied          80.00           45,577.57           9.500
                  FORT EDWARD, NY 12828              First                  09/15/2027       57,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092595         FLETCHER                           1-Family               360             118,400.00          889.50
                  192 SEDWICK STREET                 Owner Occupied          80.00          118,324.50           8.250
                  HUNTINGTON, NY 11746               First                  09/15/2027      148,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092598         GILMORE                            1-Family               360             117,000.00        1,025.89
                  832 BLAKE AVENUE                   Owner Occupied          90.00          116,948.14           9.990
                  BROOKLYN, NY 11207                 First                  09/15/2027      130,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092599         GOFF                               1-Family               360              50,750.00          561.00
                  9738 CAMPBELL ROAD                 Owner Occupied          70.00           50,738.37          12.990
                  SQUGUOIT, NY 13452                 First                  09/16/2027       72,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092601         HEALEY                             1-Family               360              61,625.00          540.35
                  45 AMERICAN AVENUE                 Owner Occupied          85.00           61,597.68           9.990
                  KEENE, NH 03431                    First                  09/17/2027       72,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092605         HOPKINS                            1-Family               360             100,000.00          876.83
                  416 CHAPEL STREET                  Owner Occupied          80.00           99,955.67           9.990
                  BURRILVILLE, RI 02830              First                  09/12/2027      125,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092606         ISAAC                              1-Family               360             120,400.00          882.61
                  295 PENNSYLVANIA AVENUE            Owner Occupied          80.00          120,319.05           7.990
                  ROOSEVELT, NY 11535                First                  09/17/2027      150,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092610         LA TURNER                          1-Family               360              64,200.00          594.47
                  1395 WEST ARCH STREET              Owner Occupied          87.53           64,175.31          10.650
                  UNION, OR 97883                    First                  09/08/2027       92,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092612         LUCAS                              1-Family               360             214,200.00        2,064.19
                  8383 WAGNER COURT SOUTHEAST        Owner Occupied          85.00          214,126.09          11.150
                  SALEM, OR 97301                    First                  09/15/2027      252,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092613         LUSBY                              1-Family               360              95,200.00        1,071.74
                  404 BLUE RIDGE PARKWAY             Owner Occupied          70.00           95,179.43          13.250
                  CEDAR PARK, TX 78613               First                  09/15/2027      138,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092615         MARTIN                             1-Family               360             170,000.00        1,366.64
                  1329 ELDER AVENUE                  Owner Occupied          85.00          169,906.94           8.990
                  BRONX, NY 10472                    First                  09/16/2027      200,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            104       Page Balance:    $1,232,923.24      Generated By: Dmenegus
<PAGE>   107
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7092617         MATTICK                            1-Family               360              80,920.00          689.29
                  5050 DEL VIENTO DRIVE              Owner Occupied          85.00           80,881.44           9.650
                  ALAMOSA, CO 81101                  First                  09/15/2027       95,200.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093040         JOHNSON                            1-Family               360              63,000.00          627.49
                  3520 NE GRAND AVE                  Owner Occupied          74.12           62,951.90          11.575
                  PORTLAND, OR 97212                 First                  08/01/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093871         GAWRECKI                           1-Family               360              64,800.00          519.07
                  425 HAWTHORNE                      Owner Occupied          80.00           64,728.19           8.950
                  WESTLAND, MI 48186                 First                  09/01/2027       82,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7100017         PALMIERI                           1-Family               360             140,000.00        1,227.57
                  105 STRONG ST PASSWAY ONE          Owner Occupied          80.00          139,937.93           9.990
                  EAST HAVEN, CT 06516               First                  10/01/2027      175,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7100024         PICCOLO                            1-Family               360              70,400.00          697.17
                  40 EIGHTH ST                       Owner Occupied          80.00           70,400.00          11.500
                  DERBY, CT 06418                    First                  11/01/2027       88,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7100022         GRASSO                             1-Family               360             172,000.00        1,539.76
                  27 RICHMAR DRIVE                   Owner Occupied          80.00          171,927.69          10.238
                  SAYVILLE, NY 11782                 First                  10/01/2027      225,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7095572         KOON JR                            1-Family               360              65,430.00          559.17
                  6733 RHODE ISLAND DRIVE EAST       Owner Occupied          79.31           65,399.07           9.688
                  JACKSONVILLE, FL 32209             First                  09/27/2027       82,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7081472         SMITH                              1-Family               360              58,400.00          617.85
                  97 EAST MAIN ST                    Owner Occupied          80.00           58,293.93          12.380
                  ZANESVILLE, OH 43701               First                  08/01/2027       73,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7081473         SHARIFF                            1-Family               360              53,200.00          578.13
                  104 WEST CENTER ST                 Owner Occupied          57.83           53,160.94          12.750
                  LONDON, OH 43140                   First                  08/01/2027       92,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093020         ISON                               1-Family               360              70,550.00          645.35
                  132 FITCHLAND DR.                  Owner Occupied          85.00           70,521.78          10.500
                  FAIRBORN, OH 45324                 First                  10/01/2027       83,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093080         ABDULLAH                           1-Family               360              73,800.00          631.35
                  805 FRESNO DRIVE                   Owner Occupied          90.00           73,721.40           9.700
                  FAYETTEVILLE, NC 28303             First                  09/01/2027       82,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093081         AKERS                              1-Family               360              72,250.00          628.71
                  713 KATHRYN AVENUE                 Owner Occupied          85.00           72,184.43           9.900
                  JACKSONVILLE, NC 28540             First                  09/01/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            105       Page Balance:      $984,108.70      Generated By: Dmenegus
<PAGE>   108
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7093082         ANDERSON                           1-Family               360             198,000.00        1,664.89
                  11610 218TH AVENUE COURT           Owner Occupied          90.00          197,804.45           9.500
                  EAST SUMNER, WA 98390              First                  09/01/2027      220,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093083         AUCKERMAN                          1-Family               360             138,750.00        1,384.63
                  2415 KIPS KORNER ROAD              Owner Occupied          75.00          138,662.45          11.600
                  NORCO, CA 91760                    First                  09/01/2027      185,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093084         BATH                               1-Family               360             193,500.00        1,655.36
                  3817 119TH PLACE SOUTHEAST         Owner Occupied          90.00          193,316.80           9.700
                  EVERETT, WA 98208                  First                  09/01/2027      215,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093085         BAXTER                             1-Family               360             105,400.00          810.43
                  21303 SE 424TH STREET              Owner Occupied          85.00          105,271.40           8.500
                  ENUMCLAW, WA 98022                 First                  09/01/2027      124,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093086         BELL                               1-Family               360              40,500.00          358.41
                  2030 SUNSET HARBOR ROAD SE         Owner Occupied          90.00           40,482.47          10.100
                  BOLIVIA, NC 28422                  First                  10/01/2027       59,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093087         BELTRAN                            1-Family               360              79,000.00          667.16
                  522 SOUTH 1350 EAST                Owner Occupied          69.97           78,883.81           9.550
                  PROVO, UT 84606                    First                  08/01/2027      112,900.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093088         BOGUCKI                            1-Family               360              46,400.00          406.85
                  4567 WEST 5100 SOUTH               Owner Occupied          80.00           46,358.69           9.990
                  KEARNS, UT 84118                   First                  09/01/2027       91,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093099         FOY                                1-Family               360             208,000.00        2,131.51
                  13 FLOSSMOORE                      Owner Occupied          80.00          207,879.04          11.950
                  DOVE CANYON, CA 92679              First                  09/01/2027      260,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093100         GALITZER                           1-Family               360             173,000.00        1,516.93
                  5372 SOUTHWEST 34TH WAY            Owner Occupied          60.70          172,845.96           9.990
                  HOLLYWOOD, FL 33312                First                  09/01/2027      285,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093101         GARCIA                             1-Family               360             162,000.00        1,385.89
                  6050 SOUTHWEST 46TH TERRACE        Owner Occupied          90.00          161,846.60           9.700
                  MIAMI, FL 33155                    First                  09/01/2027      182,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093102         GARLICK                            1-Family               360             187,000.00        1,471.13
                  5004 SOUTH RIVER DRIVE             Owner Occupied          85.00          186,784.04           8.750
                  SPANISH FORK, UT 84660             First                  09/01/2027      220,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093103         GARNER                             1-Family               360             124,720.00        1,140.86
                  5316 RIDER DRIVE                   Owner Occupied          80.00          124,620.45          10.500
                  KNIGHTDALE, NC 27545               First                  09/01/2027      156,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            106       Page Balance:    $1,654,756.16      Generated By: Dmenegus
<PAGE>   109
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================

<TABLE>
<CAPTION>

                                                     Property               Org Term        Orig Bal
                                                     Occupancy Type         LTV             Curr Bal       Curr P&I
Loan Number       Name/Address                       Lien Type              Maturity        Appr Amt       Curr Rate
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7093104         GITCHEL-HUSETH                     1-Family               360              96,000.00          782.82
                  2967 141 ST LANE                   Owner Occupied          80.00           95,897.97           9.150
                  ANDOVER, MN 55304                  First                  09/01/2027      120,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093105         GODFREY                            1-Family               360             104,000.00          821.89
                  20224 1ST PLACE SOUTH              Owner Occupied          84.55          103,881.12           8.800
                  DES MOINES, IA 98198               First                  09/01/2027      123,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093106         GOULETTE                           1-Family               360              94,400.00          790.32
                  12790 ARAB LANE SOUTHEAST          Owner Occupied          80.00           94,305.79           9.450
                  OLALLA, WA 98359                   First                  09/01/2027      118,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093107         GRAY                               1-Family               360             104,550.00          909.78
                  3604 STAR TREK COURT               Owner Occupied          85.00          104,502.76           9.900
                  RALEIGH, NC 27604                  First                  10/01/2027      123,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093108         GREEN                              1-Family               360             113,050.00          958.84
                  1213 EAST 30TH STREET              Owner Occupied          85.00          112,940.68           9.600
                  TACOMA, WA 98404                   First                  09/01/2027      133,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093110         HARRIS                             1-Family               360              85,000.00          671.73
                  2519 NORTHEAST 9TH STREET          Owner Occupied          85.00           84,951.60           8.800
                  RENTON, WA 98056                   First                  10/01/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093111         HARRIS                             1-Family               360             306,000.00        2,595.37
                  3311 NORTH 35TH STREET             Owner Occupied          85.00          305,704.08           9.600
                  TACOMA, WA 98407                   First                  09/01/2027      360,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093112         HORNE                              1-Family               360              40,000.00          339.26
                  130 PINE STREET                    Owner Occupied          57.14           39,961.33           9.600
                  TEACHY, NC 28464                   First                  09/01/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093113         HUNSAKER                           1-Family               360              72,000.00          592.33
                  46 SOUTH  400 WEST                 Owner Occupied          80.00           71,962.67           9.250
                  BRIGHAM CITY, UT 84302             First                  10/01/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093114         JOHNSON                            1-Family               360              70,000.00          640.32
                  7142 SOUTH MAPLEWOOD AVENUE        Owner Occupied          79.55           69,972.18          10.500
                  CHICAGO, IL 60629                  First                  10/01/2027       88,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093116         KENNEDY                            1-Family               360              46,800.00          359.85
                  108 BIRCH DRIVE                    Owner Occupied          90.00           46,771.65           8.500
                  VINCENNES, IN 47591                First                  10/01/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093117         KING                               1-Family               360             115,500.00        1,095.57
                  412 GLAIVE DRIVE                   Owner Occupied          75.00          115,458.37          10.950
                  DURHAM, NC 27703                   First                  10/01/2027      154,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            107       Page Balance:    $1,246,310.20      Generated By: Dmenegus
<PAGE>   110
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7093118         LASH                               1-Family               360             107,200.00          921.01
                  1730 SOUTHWEST PINE STREET         Owner Occupied          80.00          107,149.99           9.750
                  MCMINNVILLE, OR 97128              First                  10/01/2027      135,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093119         LADOW                              1-Family               360              43,200.00          369.57
                  209 SOUTH MAIN STREET              Owner Occupied          80.00           43,159.10           9.700
                  PARDEEVILLE, WI 53954              First                  09/01/2027       54,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093120         LAWYER                             1-Family               360              72,000.00          618.59
                  145 3 RD STREET                    Owner Occupied          80.00           71,932.55           9.750
                  NORTH POWDER, OR 97867             First                  09/01/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093121         LENT                               1-Family               360             120,000.00        1,066.41
                  11432 EDGEWOOD DRIVE               Owner Occupied          79.47          119,896.64          10.150
                  MOKENA, IL 60448                   First                  09/01/2027      159,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093122         MARQUELING                         1-Family               360             191,250.00        1,573.37
                  7750 SANTA  BARBARA DRIVE          Owner Occupied          85.00          191,150.85           9.250
                  GILROY, CA 95020                   First                  10/01/2027      225,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093123         MAXWELL                            1-Family               360             225,000.00        2,016.23
                  15241 SOUTHEAST 171ST PLACE        Owner Occupied          90.00          224,809.71          10.250
                  RENTON, WA 98058                   First                  09/01/2027      250,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093124         MAXEY                              1-Family               360              35,000.00          313.64
                  1246 EAST NEW YORK STREET          Owner Occupied          50.00           34,985.32          10.250
                  AURORA, IL 60505                   First                  10/01/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093125         MCCAULLEY                          1-Family               360             121,975.00        1,052.44
                  3820 NORTH WEST 71 DRIVE           Owner Occupied          85.00          121,861.92           9.800
                  CORAL SPRINGS, FL 33065            First                  09/01/2027      144,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093126         MCCLURE                            1-Family               360              54,825.00          461.00
                  6913 ROCKWELL BLVD WEST            Owner Occupied          75.62           54,770.85           9.500
                  CHARLOTTE, NC 28269                First                  09/01/2027       72,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093127         MCCONVILLE                         1-Family               360             135,000.00        1,260.20
                  13223 16TH AVENUE WEST             Owner Occupied          75.00          134,897.90          10.750
                  LYNNWOOD, WA 98037                 First                  09/01/2027      180,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093128         MITCHELL JR.                       1-Family               360              98,600.00          829.08
                  5801 MARINE PARKWAY                Owner Occupied          85.00           98,502.62           9.500
                  MENTOR ON THE LAKE, OH 44060       First                  09/01/2027      116,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093130         PETERSON                           1-Family               360              90,000.00          789.81
                  1946 NORTH 3000 WEST               Owner Occupied          90.00           89,920.05          10.000
                  CLINTON, UT 84015                  First                  09/01/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            108       Page Balance:    $1,293,037.50      Generated By: Dmenegus
<PAGE>   111
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7093131         PHILLIPS                           1-Family               360              75,800.00          670.81
                  107 SOUTH EIGHTH STREET            Owner Occupied          87.13           75,767.17          10.100
                  WILMINGTON, NC 28401               First                  10/01/2027       87,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093132         PRIEST                             1-Family               360             220,500.00        2,017.00
                  122 DEERBROOK DRIVE                Owner Occupied          90.00          220,323.99          10.500
                  OREGON CITY, OR 97045              First                  09/01/2027      245,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093133         PRIZANT                            1-Family               360             282,400.00        2,221.64
                  1553 CALLE DE STUARDA              Owner Occupied          80.00          282,237.53           8.750
                  SAN JOSE, CA 95118                 First                  10/01/2027      353,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093135         PULISEVICH                         1-Family               360             136,800.00        1,150.29
                  1892 EAST SMITH ROAD               Owner Occupied          90.00          136,596.53           9.500
                  BELLINGHAM, WA 98226               First                  08/01/2027      152,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093136         RAY                                1-Family               360             145,600.00        1,250.93
                  1679 KENARD STREET NW              Owner Occupied          82.73          145,532.07           9.750
                  SALEM, OR 97304                    First                  10/01/2027      182,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093137         RIDER                              1-Family               360              99,000.00          890.82
                  97 EAST 300 NORTH                  Owner Occupied          90.00           98,958.93          10.300
                  KAMAS, UT 84036                    First                  10/01/2027      113,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093139         RODRIGUEZ                          1-Family               360              45,000.00          389.93
                  5559 SOUTH WASHTENAW               Owner Occupied          61.64           44,958.73           9.850
                  CHICAGO, IL 60629                  First                  09/01/2027       73,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093140         ROTHBARD                           1-Family               360              92,000.00          824.41
                  5420 VALLEY VIEW DRIVE             Owner Occupied          80.00           91,961.42          10.250
                  EL SOBRANTE, CA 94803              First                  10/01/2027      115,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093141         RUTTER                             1-Family               360             176,000.00        1,512.11
                  11891 S.E. CLOVER LANE             Owner Occupied          80.00          175,835.21           9.750
                  PORTLAND, OR 97266                 First                  08/01/2027      221,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093142         SCHAMANEK,JR                       1-Family               360              60,400.00          475.17
                  215 MAPLE ST                       Owner Occupied          80.00           60,365.25           8.750
                  CENTRAL POINT, OR 97502            First                  10/01/2027       75,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093143         SIERRA                             1-Family               360             113,600.00          909.97
                  108 SOUTHWEST 38TH COURT           Owner Occupied          80.00          113,171.89           8.950
                  MIAMI, FL 33134                    First                  09/01/2027      142,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093144         SKANES                             1-Family               360              68,000.00          624.57
                  4323 SOUTH PUGET SOUND AVENUE      Owner Occupied          85.00           67,946.29          10.550
                  TACOMA, WA 98409                   First                  09/01/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            109       Page Balance:    $1,513,655.01      Generated By: Dmenegus
<PAGE>   112
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7093145         TAYLOR                             1-Family               360             352,000.00        2,819.62
                  14311 174TH AVENUE NORTHEAST       Owner Occupied          80.00          351,609.97           8.950
                  REDMOND, WA 98052                  First                  09/01/2027      440,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093146         TAYLOR                             1-Family               360             118,150.00          908.47
                  4313 WEST PHEASANT GLEN DRIVE      Owner Occupied          85.00          118,078.43           8.500
                  WEST VALLEY, UT 84120              First                  10/01/2027      139,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093147         THOMPSON                           1-Family               360             167,450.00        1,408.01
                  5982 RICH HILL WAY                 Owner Occupied          85.00          167,284.62           9.500
                  YORBA LINDA, CA 92886              First                  09/01/2027      197,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093148         WAWRZYNIAK                         1-Family               360              22,750.00          201.33
                  1618 NEW BERN ST.                  Owner Occupied          70.00           22,740.15          10.100
                  NEWPORT, NC 28570                  First                  10/01/2027       36,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093149         WILCOX                             1-Family               360             100,300.00          879.46
                  3066 EAST VIA ESCUELA              Owner Occupied          85.00          100,255.54           9.990
                  PALM SPRINGS, CA 92262             First                  10/01/2027      118,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093153         ERICKSON                           1-Family               360              63,750.00          655.75
                  2966-68  47TH STREET               Owner Occupied          85.00           63,713.32          12.000
                  MILWAUKEE, WI 53210                First                  09/01/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093158         KENNER                             1-Family               360             134,415.00        1,219.51
                  2640 BEXLEY AVENUE                 Owner Occupied          90.00          134,305.37          10.400
                  DURHAM, NC 27701                   First                  09/01/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093159         KEIUF                              1-Family               360              49,300.00          423.57
                  1843 LIVINGSTON AVENUE             Owner Occupied          85.00           49,276.99           9.750
                  LORAIN, OH 44052                   First                  10/01/2027       58,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093160         MILLER                             1-Family               360              82,000.00          765.46
                  1927 104TH AVENUE                  Owner Occupied          74.55           81,809.43          10.750
                  KENOSHA, WI 53143                  First                  05/01/2027      110,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093161         MIRAGLIA                           1-Family               360             110,800.00          951.95
                  1254 MASADA LANE                   Owner Occupied          78.30          110,696.18           9.750
                  SPRING HILL, FL 34608              First                  09/01/2027      141,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7095882         WATSON                             1-Family               360              47,200.00          441.95
                  7352 SOUTH WOODS                   Owner Occupied          78.67           47,200.00          10.788
                  CHICAGO, IL 60636                  First                  11/01/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7064639         SEYMER                             1-Family               360              37,500.00          414.54
                  47710 TO 70A NORTH 40TH STREET     Owner Occupied          73.53           37,491.40          12.990
                  MILWAUKEE, WI 53209                First                  09/30/2027       51,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            110       Page Balance:    $1,284,461.40      Generated By: Dmenegus
<PAGE>   113
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7092664         AKEMON                             1-Family               360              39,375.00          401.39
                  877 ROCKDALE AVENUE                Owner Occupied          75.00           39,351.73          11.880
                  CINCINNATI, OH 45229               First                  09/01/2027       52,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092667         BAGGERLY                           1-Family               360              40,495.00          382.59
                  5713 CHIMAYO NW                    Owner Occupied          65.00           40,465.35          10.900
                  ALBUQUERQUE, NM 87120              First                  09/01/2027       72,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092668         BERG                               1-Family               360              54,000.00          567.96
                  825 SYLVAN STREET                  Owner Occupied          75.00           53,970.93          12.300
                  SAINT PAUL, MN 55117               First                  09/01/2027       72,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092669         BIENIEK                            1-Family               360              98,000.00          999.00
                  6704 MCKINNEY DR. NE               Owner Occupied          70.00           97,942.11          11.880
                  ALBUQUERQUE, NM 87109              First                  09/01/2027      140,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092671         BUSTILLOS                          1-Family               360              84,500.00          947.97
                  2082 CORDELIA ST SW                Owner Occupied          65.00           84,462.86          13.200
                  ALBUQUERQUE, NM 87105              First                  09/01/2027      130,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092674         CUNNINGHAM                         1-Family               360             110,400.00        1,043.04
                  9424 ARVILLA AVENUE NORTHEAST      Owner Occupied          80.00          110,359.76          10.900
                  ALBUQUERQUE, NM 87111              First                  10/01/2027      138,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092675         DAVISON                            1-Family               360             124,800.00        1,179.08
                  BRIDGE STREET - DOT CREEK          Owner Occupied          80.00          124,754.52          10.900
                  TAOS, NM 87557                     First                  10/01/2027      156,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092676         DIAZ                               1-Family               360              71,500.00          774.21
                  CR 1029 LOS LUCEROS                Owner Occupied          70.10           71,464.81          12.700
                  ALCALDE, NM 87511                  First                  09/01/2027      102,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092677         DOMINGUEZ                          1-Family               360             114,750.00        1,032.55
                  140 EL VALLE SERRANO               Owner Occupied          85.00          114,702.39          10.300
                  BERNALILLO, NM 87004               First                  10/01/2027      135,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092678         DOSTAL                             1-Family               360              76,000.00          683.87
                  6587 EAST 80TH AVENUE              Owner Occupied          80.00           75,968.46          10.300
                  COMMERCE CITY, CO 80022            First                  10/01/2027       97,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092679         DUTKA                              1-Family               360              52,000.00          510.99
                  2114 SOUTH BEAVER CREEK ROAD       Owner Occupied          80.00           51,983.01          11.400
                  NEDERLAND, CO 80466                First                  10/01/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092681         FARRAR                             1-Family               360              92,250.00          993.15
                  8620 CIRCLE DRIVE                  Owner Occupied          75.00           92,203.78          12.620
                  WESTMINSTER, CO 80030              First                  09/01/2027      123,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            111       Page Balance:      $957,629.71      Generated By: Dmenegus
<PAGE>   114
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7092683         GONZALES                           1-Family               360              57,000.00          538.53
                  326 ROVER BLVD.                    Owner Occupied          34.13           56,979.22          10.900
                  LOS ALAMOS, NM 87544               First                  10/01/2027      167,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092684         GREGORY                            1-Family               360              73,000.00          722.92
                  8111 CATAWBA-MOCHANISBURG          Owner Occupied          66.36           72,976.66          11.500
                  MECHANICSBURG, OH 43044            First                  10/01/2027      110,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092686         HAWKINS                            1-Family               360              78,200.00          709.49
                  928 EUREKA                         Owner Occupied          85.00           78,168.24          10.400
                  COLUMBUS, OH 43204                 First                  10/01/2027       92,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092687         JACOBSON                           1-Family               360             119,000.00        1,031.15
                  15109 OAKLAND AVENUE SOUTH         Owner Occupied          61.03          118,945.64           9.850
                  BURNSVILLE, MN 55306               First                  10/01/2027      195,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092688         JARAMILLO                          1-Family               360              86,400.00          783.89
                  2087 ZARAGOZA ROAD SOUTHEAST       Owner Occupied          80.00           86,329.52          10.400
                  RIO RANCHO, NM 87124               First                  09/01/2027      108,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092693         HATTEN                             1-Family               360             110,500.00        1,085.85
                  1670 SOUTH ROCK CREEK CIRCLE       Owner Occupied          85.00          110,427.46          11.400
                  CHANDLER, AZ 85225                 First                  09/01/2027      133,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092694         HOPKINS                            1-Family               360             162,060.00        1,660.74
                  521 MORGAN DRIVE                   Owner Occupied          67.53          161,965.75          11.950
                  WILLIAMS BAY, WI 53191             First                  09/01/2027      240,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092700         MALLEY                             1-Family               360              61,200.00          606.06
                  3723 LOGAN AVENUE NORTH            Owner Occupied          85.00           61,180.44          11.500
                  MINNEAPOLIS, MN 55412              First                  10/01/2027       72,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092701         MARTIN                             1-Family               360              56,000.00          723.79
                  56 NEWTON  STREET                  Owner Occupied          58.95           55,984.99          15.350
                  DENVER, CO 80219                   First                  09/01/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092704         MIRANDA                            1-Family               360              73,500.00          733.48
                  P O BOX 1414                       Owner Occupied          51.40           73,453.82          11.600
                  SOCORRO, NM 87801                  First                  09/01/2027      143,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092705         MONTANO                            1-Family               360              83,250.00          736.74
                  677 MEADOW LAKE ROAD               Owner Occupied          75.00           83,177.59          10.100
                  LOS LUNAS, NM 87031                First                  09/01/2027      111,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092709         PARRISH                            1-Family               360              79,500.00          751.10
                  104 SLATE COURT                    Owner Occupied          75.00           79,471.03          10.900
                  RUIDOSO, NM 88345                  First                  10/01/2027      106,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            112       Page Balance:    $1,039,060.36      Generated By: Dmenegus
<PAGE>   115
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7092712         GAWEL                              1-Family               360              83,850.00          854.76
                  9720 HAZEL PLACE                   Owner Occupied          65.00           83,800.47          11.880
                  RICE, MN 56367                     First                  09/01/2027      129,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092713         ROYBAL                             1-Family               360             128,000.00        1,218.01
                  10008 CALABACILLAS COURT NW        Owner Occupied          80.00          127,908.10          10.990
                  LBUQUERQUE, NM 87114               First                  09/01/2027      160,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092715         SHEPARD                            1-Family               360              45,500.00          492.68
                  304 N 7TH STREET                   Owner Occupied          65.00           45,477.60          12.700
                  ST PETER, MN 56082                 First                  09/01/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092716         SHORES                             1-Family               360              50,000.00          474.28
                  HC BOX 226 #8                      Owner Occupied          33.33           49,981.97          10.950
                  QUEMADO, NM 87829                  First                  10/01/2027      150,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092718         SNOW                               1-Family               360              71,920.00          695.81
                  413 4TH AVENUE SOUTH               Owner Occupied          80.00           71,870.65          11.200
                  PRINCETON, MN 55371                First                  09/01/2027       89,900.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092719         SPECKMAN                           1-Family               360             144,000.00        1,330.17
                  136 ELK DRIVE                      Owner Occupied          80.00          143,817.52          10.620
                  NEW BREMAN, OH 45869               First                  09/01/2027      180,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092720         SOLIS                              1-Family               360             132,000.00        1,187.77
                  144 COUNTY ROAD A020W              Owner Occupied          77.65          131,889.99          10.300
                  ESTANCIA, NM 87016                 First                  09/01/2027      170,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092721         STUMP                              1-Family               360              91,200.00          882.33
                  54 SAN FRANCISCO AVENUE            Owner Occupied          80.00           91,137.45          11.200
                  LOS LUNAS, NM 87031                First                  09/01/2027      114,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092722         SEARS                              1-Family               360              52,800.00          539.05
                  14250 LOWER GRATIS ROAD            Owner Occupied          80.00           52,768.95          11.900
                  FARMERSVILLE, OH 45325             First                  09/01/2027       68,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092723         TAFOYA                             1-Family               360             116,250.00        1,146.79
                  27 ARCHULETA ROAD                  Owner Occupied          72.66          116,174.50          11.450
                  RANCHOS DE TAOS, NM 87557          First                  09/01/2027      160,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092724         TRUDEAU                            1-Family               360              59,400.00          639.49
                  3539 SOUTH HOWELL AVENUE           Owner Occupied          69.96           59,370.24          12.620
                  MILWAUKEE, WI 53207                First                  09/01/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092725         VANNOY                             1-Family               360              60,790.00          606.65
                  3118 THOREAU MEASOWS NORTHEAST     Owner Occupied          80.00           60,751.79          11.600
                  RIO RANCHO, NM 87124               First                  09/01/2027       76,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            113       Page Balance:    $1,034,949.23      Generated By: Dmenegus
<PAGE>   116
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7092727         VRABEL                             1-Family               360              93,600.00          884.31
                  1139 MORNING DRIVE                 Owner Occupied          80.00           93,531.47          10.900
                  SANTA FE, NM 87501                 First                  09/01/2027      117,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092728         WALKER                             1-Family               360              56,700.00          531.42
                  2078 WEST MOUND STREET             Owner Occupied          90.00           56,678.88          10.800
                  COLUMBUS, OH 43223                 First                  10/01/2027       63,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092729         WARE                               1-Family               360              60,375.00          635.01
                  1716 BELVOIR CIRCLE                Owner Occupied          75.00           60,358.83          12.300
                  CLOVIS, NM 88101                   First                  10/01/2027       80,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092730         WILCZIEK                           1-Family               360              30,080.00          284.19
                  1264 SIBLEY MEMORIAL               Owner Occupied          47.00           30,057.98          10.900
                  MENDOTA HEIGHTS, MN 55150          First                  09/01/2027       64,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092731         WHITT                              1-Family               360              78,750.00          785.87
                  2105 NORTH BEARD STREET            Owner Occupied          75.00           78,700.52          11.600
                  SHAWNEE, OK 74801                  First                  09/01/2027      105,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092733         YBARRA                             1-Family               360              58,400.00          582.80
                  155 CALLE DON FRANCISCO            Owner Occupied          80.11           58,363.29          11.600
                  BERNALILLO, NM 87004               First                  09/01/2027       73,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092973         WELLS                              1-Family               360              84,000.00          889.98
                  139 SOUTH 19TH AVENUE              Owner Occupied          75.00           83,955.81          12.400
                  MAYWOOD, IL 60153                  First                  09/01/2027      112,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092979         CLARK                              1-Family               360             258,750.00        2,462.19
                  2102 FAIRWAY VISTA DRIVE           Owner Occupied          75.00          258,657.53          10.990
                  MCKINNEY, TX 75070                 First                  10/01/2027      345,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092980         COX                                1-Family               360              63,600.00          593.69
                  6709 OLIVEWOOD DRIVE               Owner Occupied          80.00           63,551.90          10.750
                  ARLINGTON, TX 76001                First                  09/01/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092983         LAWRENCE                           1-Family               360              60,000.00          504.51
                  1408 HAWTHORNE STREET              Owner Occupied          80.00           59,970.49           9.500
                  HOUSTON, TX 77006                  First                  10/01/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092984         LAWRENCE                           1-Family               360              85,000.00          699.27
                  1002 S. 312TH UNIT #136            Owner Occupied          85.00           84,955.94           9.250
                  FEDERAL WAY, WA 98003              First                  10/01/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093089         BOWEN                              1-Family               360             140,250.00        1,138.59
                  5615 95TH DRIVE SE                 Owner Occupied          85.00          140,099.37           9.100
                  SNOHOMISH, WA 98290                First                  09/01/2027      165,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            114       Page Balance:    $1,068,882.01      Generated By: Dmenegus
<PAGE>   117
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7093090         BRAILSFORD                         1-Family               360              75,120.00          684.35
                  50 SOUTH 1000 EAST                 Owner Occupied          80.00           75,059.38          10.450
                  PAYSON, UT 84651                   First                  09/01/2027       94,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093092         CARTER                             1-Family               360              55,000.00          434.65
                  6495 SOUTH 2175 EAST               Owner Occupied          53.92           54,968.68           8.800
                  OGDEN, UT 84405                    First                  10/01/2027      102,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093093         CHAPMAN                            1-Family               360             240,000.00        2,267.46
                  1730 CASA GRANDE STREET            Owner Occupied          80.00          239,824.28          10.900
                  PASADENA, CA 91104                 First                  09/01/2027      300,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093094         CHORMANSKI                         1-Family               360             116,450.00          979.17
                  510 GUILFORD BLVD                  Owner Occupied          85.00          116,392.73           9.500
                  MEDINA, OH 44256                   First                  10/01/2027      137,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093095         CLAY                               1-Family               360             107,200.00          924.95
                  6703 SOUTHEAST PLUM DRIVE          Owner Occupied          80.00          107,150.52           9.800
                  MILWAUKIE, OR 97222                First                  10/01/2027      134,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093096         DINOLFI                            1-Family               360              84,600.00          665.55
                  532 BUSH STREET                    Owner Occupied          90.00           84,551.33           8.750
                  BRIDGEPORT, PA 19405               First                  10/01/2027       94,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093097         DOLKIEWICZ                         1-Family               360              76,800.00          731.38
                  3644 SOUTH ALABAMA AVENUE          Owner Occupied          80.00           76,772.62          11.000
                  MILWAUKEE, WI 53207                First                  10/01/2027       96,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093098         FLESZAR                            1-Family               360              61,200.00          523.56
                  406 SOUTH ELM STREET               Owner Occupied          90.00           61,142.05           9.700
                  ROSE HILL, NC 28458                First                  09/01/2027       68,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093163         MOORE                              1-Family               360              39,600.00          424.18
                  101 E RILEY STREET                 Owner Occupied          90.00           39,589.97          12.550
                  ATCHISON, KS 66002                 First                  09/03/2027       44,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093167         NELSON                             1-Family               360             112,410.00        1,032.47
                  602 LITTLE BEND COURT              Owner Occupied          90.00          112,321.21          10.550
                  PLEASANT HILL, MO 64080            First                  09/01/2027      127,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093169         PADEN                              1-Family               360             125,600.00        1,234.24
                  1833 WELLESLAY COURT               Owner Occupied          78.99          125,558.96          11.400
                  LIBERTY, MO 64068                  First                  10/01/2027      159,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093843         KOLODZIEJ                          1-Family               360             280,000.00        2,455.13
                  4657 CANDLEBERRY AVENUE            Owner Occupied          80.00          279,875.87           9.990
                  SEAL BEACH, CA 90740               First                  10/01/2027      350,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            115       Page Balance:    $1,373,207.60      Generated By: Dmenegus
<PAGE>   118
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7093844         LUKENBILL                          1-Family               360              61,500.00          579.41
                  380 KOKANEE BEND DRIVE             Owner Occupied          75.00           61,477.42          10.865
                  COLUMBIA FALLS, MT 59912           First                  10/01/2027       82,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093845         SIMON                              1-Family               360              38,000.00          361.60
                  2801 34TH ST.                      Owner Occupied          80.00           37,986.42          10.990
                  PORT ARTHUR, TX 77640              First                  10/01/2027       49,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093847         TRYFON                             1-Family               360             204,700.00        1,645.59
                  9 SANDPIPER                        Owner Occupied          64.98          204,587.95           8.990
                  IRVINE, CA 92604                   First                  10/01/2027      315,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093865         BERG                               1-Family               360              59,500.00          573.39
                  453 2ND STREET                     Owner Occupied          85.00           59,479.46          11.150
                  GAYLORD, MN 55334                  First                  10/01/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093867         DUREN                              1-Family               360              86,175.00          791.50
                  15628 HARMONY COURT                Owner Occupied          75.00           86,106.94          10.550
                  APPLE VALLEY, MN 55124             First                  08/14/2027      115,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093868         CENTNER                            1-Family               360              95,200.00          835.45
                  1385 OREGON                        Owner Occupied          80.00           95,115.41          10.000
                  WATERFORD, MI 48327                First                  08/14/2027      119,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093869         ELLINGTON                          1-Family               360              70,320.00          693.70
                  4930 THOMAS AVENUE N.              Owner Occupied          79.91           70,297.27          11.450
                  MINNEAPOLIS, MN 55430              First                  09/03/2027       88,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093870         FECK                               1-Family               360              60,000.00          640.36
                  323 W. CAPISTRANO AVENUE           Owner Occupied          80.00           59,984.64          12.500
                  TOLEDO, OH 43612                   First                  09/08/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093872         KISH                               1-Family               360             104,250.00          953.62
                  32886 WINNIE ROAD                  Owner Occupied          75.00          104,208.57          10.500
                  WARREN, MI 48093                   First                  09/12/2027      139,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093873         LUKAART                            1-Family               360             105,740.00          935.77
                  2666 WABASH DRIVE NE               Owner Occupied          85.00          105,694.21          10.100
                  PLAINFIELD TWP, MI 49525           First                  09/16/2027      125,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093874         MARTIN                             1-Family               360             188,000.00        1,754.95
                  10313 TIMBER HILL DRIVE            Owner Occupied          79.32          187,929.22          10.750
                  HILLSBORO, MO 63050                First                  09/04/2027      237,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093875         NAYLOR                             1-Family               360             100,000.00          997.93
                  10849 KENNEDY                      Owner Occupied          80.00           99,966.67          11.600
                  PINCKNEY, MI 48169                 First                  09/11/2027      126,400.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            116       Page Balance:    $1,172,834.18      Generated By: Dmenegus
<PAGE>   119
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7093876         NEEDHAM                            1-Family               360              68,500.00          593.56
                  7818 S. MAY STREET                 Owner Occupied          53.27           68,468.71           9.850
                  CHICAGO, IL 60620                  First                  10/01/2027      128,600.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093878         PARK                               1-Family               360             143,411.00        1,475.15
                  728 BREAKWATER                     Owner Occupied          80.00          143,369.96          12.000
                  BELLEVILLE, MI 48111               First                  09/17/2027      181,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093879         PETRIE                             1-Family               360              85,000.00          752.23
                  6345 QUAIL AVENUE N                Owner Occupied          85.00           84,963.19          10.100
                  BROOKLYN CENTER, MN 55429          First                  10/01/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093880         WHITE                              1-Family               360              54,750.00          472.40
                  3447 BRYANT AVENUE NORTH           Owner Occupied          75.00           54,724.73           9.800
                  MINNEAPOLIS, MN 55412              First                  09/10/2027       73,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093881         WICKERHAM                          1-Family               360             137,600.00        1,167.07
                  8688 STOREY ROAD                   Owner Occupied          80.00          137,533.73           9.600
                  BELDING, MI 48809                  First                  09/04/2027      178,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7105259         JOHNSON                            1-Family               360              36,500.00          333.55
                  3224 JARNAGIN ROAD                 Owner Occupied          68.87           36,500.00          10.488
                  WHITE PINE, TN 37890               First                  10/20/2027       53,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MB7100020         Verespy                            1-Family               360             340,000.00        2,539.50
                  144 BAYVIEW AVENUE                 Owner Occupied          80.00          340,000.00           8.188
                  PORTSMOUTH, RI 02871               First                  11/01/2027      425,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MB7100021         Powell                             1-Family               360              82,225.00          899.17
                  320 COMMONWEALTH AVENUE, UNIT      Owner Occupied          65.00           82,225.00          12.838
                  BOSTON, MA 02115                   First                  11/01/2027      126,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093041         PEAVYHOUSE                         1-Family               360              80,000.00          783.39
                  504 WEST HILDA DRIVE               Owner Occupied          80.00           79,921.80          11.355
                  BRANDON, FL 33511                  First                  07/01/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NB7060237         KNAPP                              1-Family               360              67,500.00          601.76
                  111 BERESFORD ROAD                 Owner Occupied          79.41           67,471.32          10.188
                  ROCHESTER, NY 14610                First                  10/01/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NB7080089         CALDER                             1-Family               360              34,900.00          357.33
                  167 PEAVEY ROAD                    Owner Occupied          69.94           34,900.00          11.938
                  TOWN OF ALLEN, NY 14735            First                  11/01/2027       53,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MB7100008         White                              1-Family               360              55,250.00          349.22
                  110 ESSER STREET                   Owner Occupied         100.45           55,250.00           6.500
                  WASHINGTON, IL 61571               First                  11/01/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            117       Page Balance:    $1,185,328.44      Generated By: Dmenegus
<PAGE>   120
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>                 <C>
MB7100009         Willie                             1-Family               360             118,400.00          748.37
                  153 HILLARD AVE.                   Owner Occupied          99.50          118,400.00           6.500
                  WARWICK, RI 02886                  First                  11/01/2027      120,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7100080         STATHE                             1-Family               360              37,785.00          324.64
                  659 PARSELLS AVE                   Owner Occupied          66.29           37,767.36           9.750
                  ROCHESTER, NY 14609                First                  10/01/2027       57,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7100063         KOSTOULAS                          1-Family               360              94,000.00          866.90
                  790 EAST ST                        Owner Occupied          69.63           93,775.69          10.600
                  DEDHAM, MA 02026                   First                  04/24/2027      135,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7100064         GEORGE                             1-Family               360              52,000.00          477.61
                  1200 JADEWOOD AVE                  Owner Occupied          80.00           51,958.94          10.550
                  CLEARWATER, FL 34619               First                  08/20/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7100060         CLEMENT                            1-Family               360              73,800.00          593.82
                  214 PLEASANT ST                    Owner Occupied          90.00           73,595.36           9.000
                  LAGRANGE, OH 44050                 First                  05/28/2027       82,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093187         WIGGINGTON                         1-Family               360              32,900.00          304.65
                  1565 BETHLEHAM                     Owner Occupied          70.00           32,887.34          10.650
                  WINCHESTER, OH 45697               First                  10/01/2027       47,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093836         COOPER                             1-Family               360              93,150.00          834.72
                  3912 CLAYTON ROAD W                Owner Occupied         100.00           93,150.00          10.250
                  FORT WORTH, TX 76116               First                  10/17/2027      103,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7070794         DENTON                             1-Family               360              69,375.00          687.01
                  7860 OAK STREET                    Owner Occupied          75.00           69,307.86          11.500
                  GRAYLING, MI 49738                 First                  07/14/2027       92,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7070346         WRIGHT                             1-Family               360              16,250.00          167.15
                  942 GOLDA PLACE                    Owner Occupied          65.00           16,235.91          12.000
                  AKRON, OH 44311                    First                  07/21/2027       25,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7070184         PIERCE                             1-Family               360              35,200.00          372.95
                  F081 UNCAPHER AVENUE               Owner Occupied          74.89           35,172.06          12.400
                  MARION, OH 43302                   First                  07/18/2027       47,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7070193         CARTER                             1-Family               360              64,500.00          638.74
                  3645 CRENSHAW DR.                  Owner Occupied          75.00           64,437.57          11.500
                  COLUMBUS, OH 43230                 First                  07/22/2027       86,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7070045         STEVENSON                          1-Family               360              29,250.00          362.84
                  842 N. 71ST ST.                    Owner Occupied          65.00           29,237.69          14.700
                  EAST ST. LOUIS, IL 62203           First                  08/04/2027       45,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            118       Page Balance:      $715,925.78      Generated By: Dmenegus
<PAGE>   121
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7080349         BUCK                               1-Family               360              59,000.00          544.11
                  123 W. 14TH ST.                    Owner Occupied          69.41           58,953.91          10.600
                  HOLLAND, MI 49423                  First                  08/20/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7080479         DECKER                             1-Family               360              57,000.00          506.55
                  186 EXCHANGE STREET                Owner Occupied          81.43           56,950.95          10.150
                  GRANT, MI 49327                    First                  08/13/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7080627         SPEARS                             1-Family               360              32,000.00          339.04
                  103 GRAND RAPIDS ROAD              Owner Occupied          66.67           31,983.17          12.400
                  HOUGHTON LAKE, MI 48629            First                  08/06/2027       48,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7080354         SIVYER                             1-Family               360              35,000.00          396.77
                  3664 155TH ST.                     Owner Occupied          70.00           34,985.13          13.350
                  MORLEY, MI 49336                   First                  08/21/2027       50,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7080331         WILLIAMS                           1-Family               360              33,000.00          348.36
                  504 STEWARD                        Owner Occupied          66.00           32,982.45          12.350
                  JACKSON, MI 49201                  First                  08/13/2027       50,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7080823         BUCK                               1-Family               360              22,500.00          290.81
                  800 S. 19TH                        Owner Occupied          50.00           22,493.96          15.350
                  TERRE HAUTE, IN 47807              First                  08/28/2027       45,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7080658         RUSSELL                            1-Family               360              55,250.00          574.70
                  5026 S. PAULINA STREET             Owner Occupied          87.70           55,219.26          12.150
                  CHICAGO, IL 60636                  First                  08/26/2027       63,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7080189         ALLEN                              1-Family               360              71,250.00          646.43
                  56081 MOORLAG ROAD                 Owner Occupied          75.00           71,191.89          10.400
                  MARCELLUS, MI 49067                First                  08/25/2027       95,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NC7086022         MILLER                             1-Family               360              84,000.00          752.73
                  18 BALCOM ROAD                     Owner Occupied          70.00           83,893.41          10.250
                  FARMINGDALE, NY 11735              First                  07/02/2027      140,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7074667         JENKINS                            1-Family               360              95,500.00        1,045.24
                  1690 SCOTTS HILL LOOP ROAD         Owner Occupied          69.96           95,431.49          12.850
                  WILMINGTON, NC 28405               First                  07/16/2027      136,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7080120         MAVRELOUS                          1-Family               360              48,750.00          579.55
                  426 SOUTH ROBINSON STREET          Owner Occupied          65.00           48,732.36          14.050
                  BLATIMORE, MD 21724                First                  08/25/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7070259         FRIDAY                             1-Family               360              60,000.00          686.69
                  434 PIPER                          Owner Occupied          70.59           59,975.28          13.488
                  DETROIT, MI 48215                  First                  08/14/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            119       Page Balance:      $652,793.26      Generated By: Dmenegus
<PAGE>   122
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7091058         BAGNALL                            1-Family               360             107,100.00        1,048.36
                  4820 S LINCOLN ST                  Owner Occupied          85.00          107,028.92          11.350
                  ENGLEWOOD, CO 80110                First                  08/29/2027      126,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091090         PELPHREY                           1-Family               360              51,200.00          505.08
                  350 N BRIDGE ST                    Owner Occupied          80.00           51,166.75          11.450
                  WABASH, IN 46992                   First                  08/29/2027       64,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7080303         PLAKAS                             1-Family               360             127,500.00        1,104.80
                  1214 BROADWOOD DRIVE               Owner Occupied          77.04          127,153.09           9.850
                  ROCKVILLE, MD 20851                First                  07/28/2027      165,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7080295         MELTON                             1-Family               360             105,400.00          936.67
                  20898 WESTWOOD ROAD                Owner Occupied          85.00          105,105.50          10.150
                  FAIRVIEW PARK, OH 44126            First                  07/23/2027      124,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7080439         Juchemich                          1-Family               360              47,200.00          437.06
                  5542 N. 25TH STREET                Owner Occupied          80.00           47,144.08          10.650
                  GLENDALE, WI 53209                 First                  07/14/2027       59,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7070801         SWOPE                              1-Family               360              44,640.00          450.60
                  315 N SECOND STREET                Owner Occupied          60.00           41,039.91          11.750
                  MULVANE, KS 67110                  First                  07/16/2027       74,400.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD70708012        LUTZ                               1-Family               360              72,000.00          721.26
                  205 21ST STREET NW                 Owner Occupied          80.00           71,932.57          11.650
                  OWATONNA, MN 55060                 First                  07/28/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100333         MISNER                             1-Family               360              53,700.00          505.32
                  221 MORNINGSIDE DRIVE              Owner Occupied          67.13           53,700.00          10.850
                  BATTLE CREEK, MI 49015             First                  10/16/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100206         FIASCO                             1-Family               360              20,400.00          230.46
                  RD. 1 BOX 77                       Owner Occupied          60.00           20,400.00          13.300
                  CHERRY TREE, PA 15724              First                  10/23/2027       34,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100490         VANOCHTEN                          1-Family               360              49,000.00          459.25
                  2303 EAST SALZBURG ROAD            Owner Occupied          57.65           49,000.00          10.800
                  BAY CITY, MI 48706                 First                  10/17/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100818         LURZ                               1-Family               360              72,000.00          743.93
                  1224 KOENIGSTEIN AVENUE            Owner Occupied          80.00           72,000.00          12.060
                  NORFOLK, NE 68701                  First                  10/23/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100829         BLANCHARD                          1-Family               360              54,500.00          527.27
                  4820 JUNIPER RIDGE                 Owner Occupied          72.67           54,500.00          11.200
                  NEWAYGO, MI 49337                  First                  10/23/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            120       Page Balance:      $800,170.82      Generated By: Dmenegus
<PAGE>   123
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7101127         JAFFER                             1-Family               360              28,925.00          264.59
                  721 N. CHESTNUT ST.                Owner Occupied          62.88           28,925.00          10.500
                  LANSING, MI 48911                  First                  10/22/2027       46,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101134         YACKS                              1-Family               360              28,000.00          271.95
                  309 RAYMOND ST.                    Owner Occupied          80.00           28,000.00          11.250
                  BAY CITY, MI 48706                 First                  11/01/2027       35,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
CB7090157         AMERSDORFER                        1-Family               360              27,600.00          296.45
                  154 D WOODCLIFF DRIVE              Owner Occupied          60.00           27,600.00          12.588
                  WHITEHALL, OH 43213                First                  10/26/2027       46,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
CB7100214         FERGUSON                           1-Family               360              24,000.00          214.86
                  1405 PAGE STREET                   Owner Occupied          80.00           24,000.00          10.238
                  TOLEDO, OH 43608                   First                  10/26/2027       30,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105843         TOMASEK                            1-Family               360             122,400.00        1,029.21
                  535 EAST LINDONWOOD                Owner Occupied          90.00          122,339.79           9.500
                  HIGHLANDS RANCH, CO 80126          First                  10/01/2027      136,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7082175         RUBIN                              1-Family               360             217,500.00        1,987.93
                  47 BLACKBERRY MOUNTAIN             Owner Occupied          75.00          217,413.38          10.490
                  ELLIJAY, GA 30540                  First                  09/15/2027      290,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092011         MYERS-HOWELL                       1-Family               360              84,000.00          838.26
                  10 YOSEMITE LANE                   Owner Occupied          80.00           83,947.23          11.600
                  FREDERICKSBURG, VA 22408           First                  09/01/2027      105,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7100105         REX                                1-Family               360              40,000.00          342.19
                  343 CHICOPEE STREET                Owner Occupied          80.00           39,981.14           9.700
                  CHICOPEE, MA 01013                 First                  10/01/2027       52,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7100114         Wyckmans                           1-Family               360              53,250.00          459.46
                  122-124 CLIFTON AVENUE             Owner Occupied          75.00           53,225.42           9.800
                  SPRINGFIELD, MA 01105              First                  10/01/2027       71,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7100106         GRADY                              1-Family               360              56,250.00          569.95
                  1037 LIBERTY STREET                Owner Occupied          74.50           56,233.18          11.800
                  SPRINGFIELD, MA 01104              First                  10/01/2027       77,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MD7100035         McLean                             1-Family               360             118,800.00        1,174.65
                  5307 42 AVENUE                     Owner Occupied          80.00          118,800.00          11.480
                  HYATTESVILLE, MD 20781             First                  11/01/2027      148,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7100104         CONNELL                            1-Family               360              70,500.00          647.53
                  902 NANTASKET AVE                  Owner Occupied          58.26           70,500.00          10.550
                  HULL, MA 02045                     First                  11/01/2027      121,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            121       Page Balance:      $870,965.14      Generated By: Dmenegus
<PAGE>   124
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
MC7100102         VERMETTE                           1-Family               360              92,000.00          875.44
                  62 IRONSTONE AVENUE                Owner Occupied          79.31           92,000.00          10.990
                  WOONSOCKET, MA 02895               First                  11/01/2027      116,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7100100         WENHOLD                            1-Family               360             136,000.00        1,045.72
                  5 BISHOP ST                        Owner Occupied          80.00          135,917.61           8.500
                  SEEKONK, MA 02771                  First                  10/01/2027      170,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7100110         SELIN                              1-Family               360             108,400.00        1,036.42
                  144 BUFFAM RD                      Owner Occupied          74.76          108,323.17          11.050
                  PELHAM, MA 01002                   First                  09/01/2027      145,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7100116         MONK                               1-Family               360             120,000.00        1,222.80
                  144 MORNINGSIDE COURT              Owner Occupied          69.36          119,964.70          11.875
                  SHELTON, CT 06484                  First                  10/01/2027      173,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MD7100023         Fritz                              1-Family               360              61,000.00          543.81
                  34 SECOND STREET                   Owner Occupied          79.22           61,000.00          10.188
                  SHELBY, OH 44875                   First                  11/01/2027       77,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NC7095434         AFFRUNTI                           1-Family               360              97,000.00        1,054.09
                  311 WEST BROADWAY                  Owner Occupied          54.49           96,976.54          12.750
                  PORT JEFFERSON, NY 11777           First                  10/01/2027      178,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NC7095443         NELSON                             1-Family               360             118,000.00        1,057.40
                  52 SECOND STREET                   Owner Occupied          75.64          117,950.52          10.250
                  NATICK, MA 01760                   First                  10/01/2027      156,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NC7099115         WILLIAMS                           1-Family               360             112,000.00        1,322.63
                  630 ATLANTIC AVENUE                Owner Occupied          57.44          111,979.37          13.950
                  OCEAN CITY, NJ 08226               First                  09/29/2027      195,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NC7099116         RAUCHBACH                          1-Family               360              75,000.00          711.41
                  1700 MILDRED AVENUE                Owner Occupied          60.00           74,972.97          10.950
                  LINDEN, NJ 07036                   First                  09/24/2027      125,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NC7099118         SMITH                              1-Family               360             161,600.00        1,496.37
                  477 TERHUNE STREET                 Owner Occupied          80.00          161,537.83          10.650
                  TEANECK,, NJ 07666                 First                  09/15/2027      202,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NC7099120         NEMET                              1-Family               360             188,300.00        1,600.53
                  16 BAYOWSKI ROAD                   Owner Occupied          70.00          188,209.79           9.625
                  WEST ORANGE, NJ 07052              First                  09/05/2027      270,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
NC7105015         MARQUES                            1-Family               360              96,800.00          885.47
                  42 CAMPBELL STREET                 Owner Occupied          80.00           96,761.53          10.500
                  NEW BEDFORD, MA 02740              First                  10/01/2027      121,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            122       Page Balance:    $1,365,594.03      Generated By: Dmenegus
<PAGE>   125
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
NC7108507         RUNCIE                             1-Family               360             150,000.00        1,261.28
                  77 EAST 43RD STREET                Owner Occupied          61.22          149,926.22           9.500
                  BROOKLYN, NY 11203                 First                  10/01/2027      245,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092941         COLE                               1-Family               360              31,850.00          305.43
                  501 8TH ST EAST                    Owner Occupied          65.00           31,838.86          11.088
                  ZOLFO SPRINGS, FL 33890            First                  09/15/2027       49,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092947         SCHUMACHER                         1-Family               360              84,000.00          724.04
                  1932 SE 31ST TERRACE               Owner Occupied          80.00           83,961.12           9.788
                  CAPE CORAL, FL 33904               First                  10/01/2027      105,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092960         COX                                1-Family               360              73,500.00          699.40
                  6037 CASTLEMONT                    Owner Occupied          81.67           73,473.74          10.990
                  LAS VEGAS, NV 89115                First                  10/01/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092966         POPE                               1-Family               360              71,400.00          701.08
                  1732 NORTH LOCKWOOD                Owner Occupied          85.00           71,353.03          11.390
                  CHICAGO, IL 60639                  First                  09/01/2027       84,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7092998         BOND                               1-Family               360              28,275.00          254.43
                  3827 MICHIGAN AVE.                 Owner Occupied          65.00           28,251.42          10.300
                  ST. LOUIS, MO 63118                First                  09/01/2027       43,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093177         SCHMIDT                            1-Family               360              91,600.00          816.75
                  6480 WEST 45TH PLACE               Owner Occupied          80.00           91,521.85          10.190
                  WHEATRIDGE, CO 80033               First                  09/01/2027      114,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093181         THORNTON                           1-Family               360             110,500.00        1,006.66
                  4700 N.E. 48TH STREET              Owner Occupied          85.00          110,320.10          10.450
                  FOREST PARK, OK 73135              First                  05/29/2027      130,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093185         VOSSEN                             1-Family               360             294,750.00        2,435.53
                  660 LOCKSLEY PLACE                 Owner Occupied          89.32          294,446.39           9.300
                  WEBSTER GROVES, MO 63119           First                  09/01/2027      330,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093196         HUTCHISON                          1-Family               360              58,500.00          596.12
                  267 N.W SUNNY DRIVE                Owner Occupied          65.00           58,482.79          11.875
                  DALLAS, OR 97338                   First                  09/24/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093197         JONES                              1-Family               360             178,200.00        1,630.07
                  520 SALISBURY DRIVE                Owner Occupied         100.00          178,129.18          10.500
                  GRAND PRAIRIE, TX 75052            First                  09/18/2027      198,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7093198         MILAN                              1-Family               360              25,000.00          205.67
                  4814 ADOBE DRIVE                   Owner Occupied          51.02           24,987.04           9.250
                  CARLSBAD, NM 88220                 First                  09/24/2027       49,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            123       Page Balance:    $1,196,691.74      Generated By: Dmenegus
<PAGE>   126
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7093199         PURCELLA                           1-Family               360              28,500.00          282.23
                  1157 CARLSBAD DRIVE #1             Owner Occupied          60.00           28,490.90          11.500
                  SAN JOSE, CA 95118                 First                  09/08/2027       47,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7100661         WATERS                             1-Family               360              60,800.00          625.40
                  585 GARFIELD AVENUE                Owner Occupied          70.70           60,800.00          12.000
                  NEWARK, OH 43055                   First                  10/22/2027       86,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100501         BEHNEY                             1-Family               360              53,000.00          565.65
                  AIRPORT DR  BOX 270                Owner Occupied          54.25           53,000.00          12.500
                  FREDRICKSBURG, PA 17026            First                  10/23/2027       97,700.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100505         BISHOP                             1-Family               360              71,400.00          709.79
                  4 CONNORS COURT                    Owner Occupied          57.12           71,400.00          11.550
                  LITTLE ROCK, AR 72209              First                  10/23/2027      125,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100658         TAPPAN                             1-Family               360              87,550.00          801.51
                  5508 REEDS ROAD                    Owner Occupied          85.00           87,550.00          10.510
                  MISSION, KS 66202                  First                  10/22/2027      103,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100671         SEYMOUR                            1-Family               360              77,350.00          931.83
                  7048 SOUTH UNION                   Owner Occupied          65.00           77,350.00          14.250
                  CHICAGO, IL 60628                  First                  10/22/2027      119,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7100675         CALLEJA                            1-Family               360             180,000.00        1,639.81
                  10850 BETTIS RD.                   Owner Occupied          69.23          180,000.00          10.450
                  BROOKLYN, MI 49230                 First                  10/23/2027      260,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7101131         FINAZZI                            1-Family               360              44,000.00          378.03
                  400 N. CHILSON ST.                 Owner Occupied          80.00           44,000.00           9.750
                  BAY CITY, MI 48706                 First                  10/23/2027       55,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7105016         SNIPES                             1-Family               360              88,000.00          708.07
                  5709 N.W. 109TH STREET             Owner Occupied          79.64           88,000.00           9.000
                  OKLAHOMA CITY, OK 73162            First                  10/15/2027      110,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
CB7100172         SMITH                              1-Family               360             116,450.00        1,016.61
                  8472 VALLEYVIEW ROAD               Owner Occupied          85.00          116,450.00           9.938
                  MACEDONIA, OH 44056                First                  10/27/2027      137,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7080325         HALL                               1-Family               360              30,000.00          331.58
                  432 EAST KING STREET               Owner Occupied          75.00           29,993.12          12.988
                  BEDFORD, VA 24523                  First                  10/01/2027       40,100.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7090042         GRIFFIN                            1-Family               360              36,000.00          271.42
                  8720 SOUTH ASHLAND AVENUE, UNI     Owner Occupied          65.45           36,000.00           8.288
                  CHICAGO, IL 60620                  First                  11/01/2027       55,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            124       Page Balance:      $873,034.02      Generated By: Dmenegus
<PAGE>   127
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
FC7090404         BOW                                1-Family               360              57,800.00          498.21
                  840 CALDER                         Owner Occupied          85.00           57,773.25           9.788
                  YPSILANTI, MI 48198                First                  10/01/2027       68,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7090848         DAVIS                              1-Family               360              27,750.00          300.22
                  19318 ASHTON                       Owner Occupied          75.00           27,750.00          12.688
                  DETROIT, MI 48219                  First                  11/01/2027       37,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7095994         BRADLEY                            1-Family               360              25,000.00          257.16
                  1918 FERN ROYAL OAK                Owner Occupied          20.00           24,992.84          12.000
                  ROYAL OAK, MI 48073                First                  10/01/2027      125,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
FC7105187         EVITTS                             1-Family               360              52,200.00          501.07
                  38913 WADE ROMULUS                 Owner Occupied          60.00           52,181.78          11.100
                  ROMULUS, MI 48174                  First                  10/01/2027       87,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7100020         HERNDON                            1-Family               360             125,800.00          923.08
                  6625 STOCKTON LANE                 Owner Occupied          85.00          125,800.00           8.000
                  HYATTSVILLE, MD 20784              First                  10/06/2027      148,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7100021         THOMAS                             1-Family               360              35,250.00          309.34
                  1844 DALLAS ROAD                   Owner Occupied          75.00           35,250.00          10.000
                  PHILADELPHIA, PA 19126             First                  10/06/2027       47,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
AD7100022         SILVERTHORN                        1-Family               360              78,200.00          780.38
                  3404 ARCHMERE AVENUE               Owner Occupied          85.00           78,200.00          11.600
                  CLEVELAND, OH 44109                First                  10/06/2027       92,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TB7090274         JOHNSON                            1-Family               360              65,625.00          649.28
                  6170 SOUTHEAST 87TH STREET         Owner Occupied          75.00           65,625.00          11.488
                  OCALA, FL 34472                    First                  11/01/2027       87,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7091865         GUERIN                             1-Family               360              70,000.00          611.72
                  326 TRENTON RD                     Owner Occupied          70.00           69,937.14           9.950
                  FAIRLESS HILLS, PA 19030           First                  09/01/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7100001         DURHAM                             1-Family               360              96,000.00        1,061.21
                  647 WEST PARK DRIVE                Owner Occupied          71.38           95,837.75          12.990
                  KELLER, TX 76248                   First                  08/15/2027      139,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7100002         HENDERSON                          1-Family               360             125,600.00        1,290.97
                  6727 JOHNS COURT                   Owner Occupied          80.00          125,200.87          11.990
                  ARLINGTON, TX 76016                First                  08/06/2027      161,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7085001         GRAFF                              1-Family               360              77,500.00          708.23
                  8319 NORTH NORTH STREET            Owner Occupied          79.98           77,469.12          10.488
                  IXONIA, WI 53036                   First                  10/01/2027       96,900.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            125       Page Balance:      $836,017.75      Generated By: Dmenegus
<PAGE>   128
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
TC7085821         ANDREWS                            1-Family               360              51,375.00          527.98
                  #8 MERRI LANE                      Owner Occupied          75.00           51,326.04          11.988
                  FLORISSANT, MO 63031               First                  10/01/2027       68,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7085870         GREEN-YOUNG                        1-Family               360              94,000.00          755.54
                  802 BEWICK DRIVE                   Owner Occupied          80.00           93,948.52           8.988
                  MADISON, WI 53714                  First                  10/01/2027      117,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7085148         SEYMER                             1-Family               360              33,750.00          373.08
                  3160 NORTH 41ST STREET             Owner Occupied          70.31           33,742.26          12.990
                  MILWAUKEE, WI 53132                First                  09/30/2027       48,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7085149         SEYMER                             1-Family               360              32,250.00          356.50
                  312 TO 314 EAST HADLEY STREET      Owner Occupied          73.30           32,242.61          12.990
                  MILWAUKEE, WI 53212                First                  09/30/2027       44,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
TC7095447         MARTEL                             1-Family               360              28,600.00          335.21
                  208 EAST SECOND STREET             Owner Occupied          65.00           28,594.60          13.838
                  NEWTON, KS 67114                   First                  10/01/2027       44,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7090638         WASHINGTON                         1-Family               360              45,500.00          431.59
                  1107 W. 61ST ST.                   Owner Occupied          65.00           45,464.19          10.950
                  CHICAGO, IL 60621                  First                  09/15/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095010         WASHINGTON                         1-Family               360             124,100.00        1,029.95
                  2149 TREEHAVEN DRIVE               Owner Occupied          85.00          124,037.00           9.350
                  KALAMAZOO, MI 49001                First                  09/11/2027      146,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7090637         MULLETT                            1-Family               360              64,000.00          578.27
                  521 LIBERTY STREET                 Owner Occupied          80.00           63,972.00          10.350
                  ADA, OH 45810                      First                  09/15/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090004         WASHINGTON                         1-Family               360              44,000.00          365.17
                  8622 GOODFELLOW BLVD.              Owner Occupied          79.28           43,977.66           9.350
                  ST. LOUIS, MO 63147                First                  09/15/2027       55,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090023         KERNS                              1-Family               360              32,000.00          339.04
                  514 OHIO                           Owner Occupied          80.00           31,991.63          12.400
                  ST. JOSEPH, MO 64504               First                  09/15/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095012         MACGILLIVRAY                       1-Family               360              48,750.00          495.83
                  300 KENT STREET                    Owner Occupied          75.00           48,735.58          11.850
                  DURAND, MI 48429                   First                  09/15/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090026         CLARK                              1-Family               360              55,250.00          652.46
                  301 HOWARD                         Owner Occupied          65.00           55,239.82          13.950
                  O'FALLON, IL 62269                 First                  09/16/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            126       Page Balance:      $653,271.91      Generated By: Dmenegus
<PAGE>   129
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7090178         ROGERS                             1-Family               360              60,000.00          654.35
                  13005 MAPLEROW AVENUE              Owner Occupied          60.00           59,985.65          12.800
                  GARFIELD HEIGHTS, OH 44105         First                  09/15/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090796         GARLING                            1-Family               360              28,000.00          309.74
                  1818 ROGERS STREET                 Owner Occupied          65.12           27,956.45          13.000
                  LOGANSPORT, IN 46947               First                  09/11/2027       43,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095013         DALE                               1-Family               360             108,000.00        1,123.39
                  7490 E. VICTORIA DRIVE             Owner Occupied          85.04          107,970.11          12.150
                  LAINGSBURG, MI 48848               First                  09/15/2027      127,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7090648         FORMSETT                           1-Family               360              92,250.00          948.90
                  314 GRANVILLE                      Owner Occupied          75.00           92,222.50          12.000
                  BELLWOOD, IL 60104                 First                  09/18/2027      123,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090020         STIVER                             1-Family               360              62,250.00          604.61
                  32 N. FIFTHTEENTH ST.              Owner Occupied          74.82           62,228.98          11.250
                  INDIANA, PA 15701                  First                  09/15/2027       83,200.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090021         SCHLIFFKA                          1-Family               360             118,486.00        1,142.72
                  RD #1 BOX 401                      Owner Occupied          80.06          118,445.20          11.160
                  FOMBELL, PA 16123                  First                  09/15/2027      148,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090327         ACKLEY                             1-Family               360              31,500.00          305.95
                  126 EUCLID                         Owner Occupied          71.59           31,489.36          11.250
                  BATTLE CREEK, MI 49017             First                  09/17/2027       44,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090480         THOMAS                             1-Family               360              28,700.00          278.75
                  BOX 55                             Owner Occupied          70.00           28,690.31          11.250
                  BURNT CABINS, PA 17215             First                  09/17/2027       41,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090481         BROWN                              1-Family               360              66,000.00          526.78
                  1152 MCDONALD DR                   Owner Occupied          75.00           65,963.27           8.910
                  EAST BRAINERD, TN 37421            First                  09/17/2027       88,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090483         ELLIS                              1-Family               360              66,100.00          775.36
                  902 REDWOOD DR                     Owner Occupied          57.48           66,087.54          13.850
                  NORWALK, IA 50211                  First                  09/17/2027      115,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090645         MOTTON                             1-Family               360              48,800.00          457.74
                  9243 S. GREENWOOD AVE.             Owner Occupied          80.00           48,781.87          10.810
                  CHICAGO, IL 60619                  First                  09/18/2027       61,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090803         TRYBAN                             1-Family               360              44,000.00          466.18
                  911 SIXTH STREET                   Owner Occupied          80.00           43,988.49          12.400
                  BAY CITY, MI 48708                 First                  09/16/2027       55,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            127       Page Balance:      $753,809.73      Generated By: Dmenegus
<PAGE>   130
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7090805         YARGER                             1-Family               360              43,500.00          409.34
                  610 W. REMINGTON                   Owner Occupied          75.00           43,483.97          10.850
                  SAGINAW, MI 48602                  First                  09/16/2027       58,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090027         JOHNSTON                           1-Family               360              27,750.00          241.48
                  P.O. BOX 206 E. CRESTVIEW RD.      Owner Occupied          75.00           27,737.46           9.900
                  IRVONA, PA 16656                   First                  09/16/2027       37,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090035         COURSEN                            1-Family               360              30,000.00          347.17
                  920 CORBY                          Owner Occupied          75.00           29,991.25          13.650
                  ST. JOSEPH, MO 64501               First                  09/17/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090176         BRAULT                             1-Family               360              56,000.00          515.19
                  1302 ESSEX                         Owner Occupied          80.00           55,978.08          10.570
                  ESSEXVILLE, MI 48732               First                  09/15/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090323         LAY                                1-Family               360              52,500.00          540.02
                  921 JONES ST. N.W.                 Owner Occupied          72.92           52,484.98          12.000
                  WALKER, MI 49544                   First                  09/16/2027       72,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090324         FARRELL                            1-Family               360              24,000.00          210.62
                  1290 N. GREENVILLE ROAD            Owner Occupied          54.55           23,989.38          10.000
                  LANGSTON, MI 48888                 First                  09/16/2027       44,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090636         RUGGLES                            1-Family               360              33,275.00          404.82
                  694 THISTLE ROAD                   Owner Occupied          55.00           33,269.48          14.400
                  HART, MI 49420                     First                  09/15/2027       60,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095017         GORIS                              1-Family               360              61,600.00          511.24
                  4105 ASSYRIA HIGHWAY               Owner Occupied          80.00           61,568.73           9.350
                  NASHVILLE, MI 49073                First                  09/17/2027       77,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090025         CRISSMAN                           1-Family               360              39,375.00          367.56
                  RD #1 ROUTE 1034                   Owner Occupied          75.00           39,360.17          10.750
                  TEMPLETON, PA 16259                First                  09/16/2027       52,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090042         SPERBER                            1-Family               360              31,500.00          261.43
                  7930 NAVAJOE ST.                   Owner Occupied          38.41           31,484.01           9.350
                  ST. LOUIS, MO 63123                First                  09/22/2027       82,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090180         SHAW                               1-Family               360             170,000.00        1,607.40
                  1220 WINCHELL ROAD                 Owner Occupied          73.91          169,938.18          10.910
                  AURORA, OH 44202                   First                  09/17/2027      230,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090319         JOHNSON                            1-Family               360              84,000.00          822.24
                  6640 NORTH DRIVE                   Owner Occupied          62.22           83,964.50          11.350
                  JENISON, MI 49428                  First                  09/15/2027      135,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            128       Page Balance:      $653,250.19      Generated By: Dmenegus
<PAGE>   131
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7090321         BADEN                              1-Family               360              34,400.00          321.12
                  1170 HOLLYWOOD STREET              Owner Occupied          62.55           34,387.05          10.750
                  ST. HELEN, MI 48656                First                  09/16/2027       55,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090330         TUCKER                             1-Family               360              48,000.00          499.28
                  8143 E. HARDY DRIVE                Owner Occupied          73.85           47,986.72          12.150
                  NEWAYGO, MI 49337                  First                  09/17/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090333         MARCH                              1-Family               360              60,000.00          614.86
                  375 PEACH STREET                   Owner Occupied          78.95           59,982.64          11.950
                  FRUITPORT, MI 49415                First                  09/17/2027       76,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090338         WILLIM                             1-Family               360              45,000.00          373.47
                  113 WALNUT                         Owner Occupied          75.00           44,977.16           9.350
                  MANISTEE, MI 49660                 First                  09/18/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090341         GROENHEIDE                         1-Family               360             128,000.00        1,053.02
                  5731 OLD MISSION STREET            Owner Occupied          74.85          127,933.65           9.250
                  PORTAGE, MI 49024                  First                  09/22/2027      171,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090484         KITTS                              1-Family               360              77,500.00          623.58
                  404 CLARA                          Owner Occupied          83.33           77,457.67           9.000
                  LINWOOD, MI 48634                  First                  09/19/2027       93,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090487         PICKETT                            1-Family               360              72,250.00          580.82
                  1610 SOUTH SHERIDAN                Owner Occupied          85.00           72,210.45           8.990
                  BAY CITY, MI 48708                 First                  09/19/2027       85,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090795         BRUMFIELD                          1-Family               360              33,375.00          292.64
                  2192 40TH AVENUE                   Owner Occupied          75.00           33,352.85           9.990
                  RUTHTON, MN 56170                  First                  09/11/2027       44,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090807         SUTTON                             1-Family               360              20,250.00          196.68
                  218 E. MAIN STREET                 Owner Occupied          75.00           20,189.84          11.250
                  HARTFORD CITY, IN 47348            First                  09/18/2027       27,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090811         BASTON, JR                         1-Family               360              17,500.00          184.74
                  1209 GALLAGHER                     Owner Occupied          58.33           17,495.36          12.350
                  SAGINAW, MI 48601                  First                  09/18/2027       30,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090814         FEDERSPIEL                         1-Family               360              44,800.00          388.20
                  706 WILSON                         Owner Occupied          80.00           44,779.53           9.850
                  BAY CITY, MI 48708                 First                  09/18/2027       56,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090815         BARKER                             1-Family               360              14,000.00          157.61
                  12380 MCKEIGHAN                    Owner Occupied          17.50           13,996.97          13.250
                  ST. CHARLES, MI 48655              First                  09/18/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            129       Page Balance:      $594,749.89      Generated By: Dmenegus
<PAGE>   132
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7091118         SMITH                              1-Family               360              56,000.00          556.70
                  5618 COX AVE.                      Owner Occupied          80.00           55,982.30          11.550
                  PITTSBURGH, PA 15207               First                  09/18/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095022         HAWKE                              1-Family               360              37,500.00          375.94
                  3110 N. MCKINLEY                   Owner Occupied          70.75           37,488.44          11.660
                  OKLAHOMA CITY, OK 73118            First                  09/18/2027       53,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7090647         HUNTER SR.                         1-Family               360              91,200.00        1,098.67
                  214 S. HAMILTON                    Owner Occupied          60.00           91,184.33          14.250
                  CHICAGO, IL 60612                  First                  09/17/2027      152,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090049         BECKEMEIER                         1-Family               360              65,000.00          594.58
                  3719 JUNIATA ST.                   Owner Occupied          65.00           64,974.17          10.500
                  ST. LOUIS, MO 63116                First                  09/23/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090182         LEWIS                              1-Family               360              71,400.00          637.16
                  1619 INVERNESS                     Owner Occupied          85.00           71,369.74          10.200
                  LANSING, MI 48915                  First                  09/17/2027       84,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090344         HOPKINS                            1-Family               360              38,250.00          393.44
                  2310 ALBERT AVENUE                 Owner Occupied          56.25           38,239.06          12.000
                  MUSKEGON, MI 49442                 First                  09/22/2027       68,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090346         SMIT                               1-Family               360              48,500.00          360.96
                  202 S. LAKE DRIVE                  Owner Occupied          68.31           48,468.42           8.150
                  SIX LAKES, MI 48886                First                  09/23/2027       71,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090347         DEATER                             1-Family               360              55,500.00          560.22
                  670 180TH AVENUE                   Owner Occupied          75.00           55,483.22          11.750
                  HERSEY, MI 49639                   First                  09/23/2027       74,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090489         WEST                               1-Family               360              38,400.00          348.39
                  922 N 6TH AVE EAST                 Owner Occupied          80.00           38,384.41          10.400
                  NEWTON, IA 50208                   First                  09/22/2027       48,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090493         HARLEY                             1-Family               360             110,720.00          930.99
                  2047 VALLEY HILLS LANE N.W.        Owner Occupied          86.50          110,665.54           9.500
                  CLEVELAND, TN 37311                First                  09/23/2027      128,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090659         HUMPHRIES                          1-Family               360             136,500.00        1,178.76
                  8912 S. PAXTON AVENUE              Owner Occupied          78.00          136,437.13           9.810
                  CHICAGO, IL 60617                  First                  09/24/2027      175,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090816         RADFORD                            1-Family               360             232,000.00        1,993.24
                  29325 EDGEDALE ROAD                Owner Occupied          82.86          231,891.76           9.750
                  PEPPERPIKE, OH 44124               First                  09/23/2027      280,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            130       Page Balance:      $980,568.52      Generated By: Dmenegus
<PAGE>   133
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>                 <C>
BD7091117         TROXELL                            1-Family               360              48,000.00          439.07
                  209 N. COURT ST.                   Owner Occupied          76.19           47,980.93          10.500
                  STANDISH, MI 48658                 First                  09/18/2027       63,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7091125         SMITH                              1-Family               360              58,400.00          529.85
                  3814 BAHAMA DR.                    Owner Occupied          79.13           58,376.28          10.400
                  HOPKINSVILLE, KY 42240             First                  09/23/2027       73,800.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7091128         JONES                              1-Family               360              56,355.00          484.18
                  1012 E. FRANKLIN                   Owner Occupied          85.00           56,312.88           9.750
                  CLINTON, MO 64735                  First                  09/23/2027       66,300.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095018         McFARLANE                          1-Family               360              60,000.00          515.49
                  5185 N. CENTER ROAD                Owner Occupied          67.42           59,972.01           9.750
                  FLINT, MI 48506                    First                  09/18/2027       89,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7090641         COLE                               1-Family               360              92,800.00          911.92
                  10169 FALCON RIDGE DR.             Owner Occupied          80.00           92,769.68          11.400
                  INDEPENDENCE, KY 41051             First                  09/17/2027      116,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090054         BOYER                              1-Family               360              18,200.00          225.04
                  700 1ST AVE.                       Owner Occupied          65.00           18,197.15          14.650
                  ALTOONA, PA 16602                  First                  09/24/2027       28,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090056         CHRISTIAN                          1-Family               360              46,800.00          563.79
                  2602 CLAY                          Owner Occupied          65.00           46,791.96          14.250
                  ST. JOSEPH, MO 64501               First                  09/24/2027       72,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090494         FRIEDMEYER                         1-Family               360              60,000.00          544.36
                  8201 NE 102ND AVE                  Owner Occupied          69.77           59,975.64          10.400
                  BONDURANT, IA 50035                First                  09/24/2027       86,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7091120         SMITH                              1-Family               360              76,800.00          722.69
                  20556 GATES RD.                    Owner Occupied          78.37           76,771.71          10.850
                  HOWARD CITY, MI 49329              First                  09/22/2027       98,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095027         MUZ                                1-Family               360              45,750.00          481.18
                  9735 WILSHIRE ROAD                 Owner Occupied          75.00           45,737.76          12.300
                  MUNGER, MI 48747                   First                  09/22/2027       61,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095029         WINN                               1-Family               360              38,250.00          380.25
                  2403 WEBBER STREET                 Owner Occupied          85.00           38,237.91          11.550
                  SAGINAW, MI 48601                  First                  09/23/2027       45,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095035         CRISPIN                            1-Family               360              54,400.00          513.96
                  1801 E. WASHINGTON ROAD            Owner Occupied          85.00           54,380.17          10.900
                  ITHACA, MI 48847                   First                  09/24/2027       64,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            131       Page Balance:      $655,504.08      Generated By: Dmenegus
<PAGE>   134
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate    
- ----------------------------------------------------------------------------------------------------------------------
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7090053         SHOCKLEY                           1-Family               360              34,850.00          299.42
                  4627 TRACY                         Owner Occupied          85.00           34,833.74           9.750
                  KANSAS CITY, MO 64110              First                  09/23/2027       41,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090058         LANGHOFF                           1-Family               360              73,600.00          731.66
                  2733 PIONEER AVE.                  Owner Occupied          80.00           73,576.74          11.550
                  PITTSBURGH, PA 15226               First                  09/25/2027       92,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090059         SIGAFOOSE                          1-Family               360              48,000.00          493.73
                  8115 S. M-52 HIGHWAY               Owner Occupied          63.58           47,980.00          12.000
                  OWOSSO, MI 48867                   First                  09/25/2027       75,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090644         BAYARD                             1-Family               360              35,500.00          325.00
                  742 S. PUTMAN STREET               Owner Occupied          42.26           35,485.92          10.510
                  WILLIAMSTON, MI 48895              First                  09/24/2027       84,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090821         DAVIS                              1-Family               360              30,800.00          291.22
                  2722 PLAINFIELD                    Owner Occupied          70.00           30,788.80          10.910
                  FLINT, MI 48506                    First                  09/24/2027       44,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7091124         CAIN                               1-Family               360              18,000.00          205.47
                  5531 MICHIGAN                      Owner Occupied          50.00           17,996.28          13.450
                  KANSAS CITY, MO 64130              First                  09/25/2027       36,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7091131         CLAPPERTON                         1-Family               360              22,400.00          205.07
                  64 OHIO ST.                        Owner Occupied          80.00           22,391.12          10.510
                  MCKEES ROCKS, PA 15136             First                  09/25/2027       28,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095032         WHITFORD                           1-Family               360              64,000.00          480.81
                  1673 W ESSEX                       Owner Occupied          80.00           63,959.19           8.250
                  TAWAS CITY, MI 48764               First                  09/24/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090031         MCCANDLESS                         1-Family               360              30,000.00          329.52
                  9 EAST FOREST ST.                  Owner Occupied          75.00           29,992.50          12.900
                  PITTSBURGH, PA 15202               First                  09/18/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090051         TOMASETTI                          1-Family               360             114,665.00        1,091.98
                  1241 SATELLITE CIRCLE              Owner Occupied          85.00          114,624.12          11.000
                  UPPER ST. CLAIR, PA 15241          First                  09/24/2027      134,900.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090348         CUTCHALL                           1-Family               360              34,500.00          337.71
                  104 WHEELER                        Owner Occupied          75.00           34,488.60          11.350
                  ALMA, MI 48801                     First                  09/24/2027       46,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090357         DAVIS                              1-Family               360              57,000.00          532.08
                  15 W. BIDWELL                      Owner Occupied          75.00           56,978.55          10.750
                  BATTLE CREEK, MI 49015             First                  09/25/2027       76,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            132       Page Balance:      $563,095.56      Generated By: Dmenegus
<PAGE>   135
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7090499         AUGUST                             1-Family               360              88,000.00          798.40
                  504 SUNSET LANE                    Owner Occupied          80.00           87,964.27          10.400
                  MARSHALLTOWN, IA 50158             First                  09/26/2027      110,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7090667         HILTON                             1-Family               360             104,000.00          963.01
                  4127 W. JACKSON                    Owner Occupied          80.00          103,959.99          10.650
                  CHICAGO, IL 60624                  First                  09/30/2027      130,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7090671         OATIS                              1-Family               360              45,500.00          480.31
                  11929 S. WALLACE ST.               Owner Occupied          70.00           45,487.96          12.350
                  CHICAGO, IL 60628                  First                  10/01/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7090672         ARMSTRONG                          1-Family               360              69,700.00          690.76
                  2033 W. 68TH PLACE                 Owner Occupied          85.00           69,677.78          11.510
                  CHICAGO, IL 60636                  First                  10/01/2027       82,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090184         WEISS                              1-Family               360             156,000.00        1,227.25
                  2727 ROUND LAKE HIGHWAY            Owner Occupied          80.00          155,910.25           8.750
                  MANITOU BEACH, MI 49253            First                  09/26/2027      195,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090188         GRAHAM                             1-Family               360              47,000.00          460.42
                  1433 MAIN ST.                      Owner Occupied          41.59           46,984.51          11.360
                  MECHANICSBURG, PA 17055            First                  09/30/2027      113,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090352         COLE                               1-Family               360              38,500.00          373.94
                  115 W. MORGAN AVENUE               Owner Occupied          70.00           38,487.00          11.250
                  BATTLE CREEK, MI 49017             First                  09/24/2027       55,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090356         PIERCE                             1-Family               360              40,000.00          351.03
                  17644 BAILEY ROAD                  Owner Occupied          74.77           39,982.30          10.000
                  BAILEY, MI 49303                   First                  09/25/2027       53,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090360         MOREL                              1-Family               360              32,000.00          290.33
                  128 S. NINE MILE ROAD              Owner Occupied          57.14           31,987.00          10.400
                  LINWOOD, MI 48634                  First                  09/29/2027       56,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090658         SANDERS                            1-Family               360             103,000.00          866.08
                  G-3114 W. CARPENTER ROAD           Owner Occupied          76.30          102,949.34           9.500
                  FLINT, MI 48504                    First                  09/25/2027      135,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090665         LYNCH                              1-Family               360              82,500.00          739.28
                  13105 TOWNSHIP ROAD 100            Owner Occupied          79.33           82,465.41          10.250
                  CAREY, OH 43316                    First                  09/29/2027      104,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090668         JONES                              1-Family               360              80,000.00          822.89
                  1840 MAROON DRIVE                  Owner Occupied          80.00           79,977.11          12.000
                  POWELL, OH 43065                   First                  09/30/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            133       Page Balance:      $885,832.92      Generated By: Dmenegus
<PAGE>   136
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7090829         MARTIN                             1-Family               360              25,000.00          219.21
                  11551 ELM AVENUE                   Owner Occupied          41.67           24,986.13           9.990
                  HOWARD CITY, MI 49329              First                  09/26/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7091121         HOWE                               1-Family               360              70,000.00          747.08
                  RT. 1 BOX 158AA                    Owner Occupied          76.92           69,982.09          12.500
                  KEYSER, WV 26726                   First                  09/22/2027       91,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7091141         KOSTE, JR.                         1-Family               360              33,500.00          316.75
                  109 E. CARTWRIGHT AVE.             Owner Occupied          73.63           33,487.82          10.910
                  LEMAY, MO 63125                    First                  09/30/2027       45,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7091146         BODA                               1-Family               360             125,800.00        1,080.82
                  4718 W. 21ST ST.                   Owner Occupied          85.00          125,741.31           9.750
                  CICERO, IL 60804                   First                  10/01/2027      148,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095039         MORRIS                             1-Family               360              26,000.00          306.01
                  13 MIDWAY COURT                    Owner Occupied          65.00           25,995.16          13.900
                  BATTLE CREEK, MI 49014             First                  09/25/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095043         COLGAN                             1-Family               360              60,000.00          617.17
                  108 MARY STREET                    Owner Occupied          60.00           59,982.83          12.000
                  YALE, MI 48097                     First                  09/29/2027      100,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090029         DOW                                1-Family               360              38,250.00          338.50
                  642 S. BEVERLY                     Owner Occupied          75.00           38,233.44          10.100
                  WICHITA, KS 67218                  First                  09/15/2027       51,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090062         KING, III                          1-Family               360             100,300.00          789.06
                  3626 WASHINGTON PIKE               Owner Occupied          85.00          100,242.29           8.750
                  BRIDGEVILLE, PA 15017              First                  09/29/2027      118,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090066         VOSS                               1-Family               360              23,250.00          205.76
                  206 MCGAUGHEY                      Owner Occupied          75.00           23,239.93          10.100
                  WORDEN, IL 62097                   First                  09/29/2027       31,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090350         RACKLEY                            1-Family               360              20,000.00          187.45
                  1409 STAMFORD                      Owner Occupied          57.14           19,992.55          10.800
                  KALAMAZOO, MI 49001                First                  09/24/2027       35,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090355         PURK                               1-Family               360              60,000.00          480.62
                  747 GATEWAY                        Owner Occupied          75.00           59,966.88           8.950
                  KALAMAZOO, MI 49001                First                  09/25/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090358         BERNARD                            1-Family               360              36,000.00          340.12
                  1943 HOYT STREET                   Owner Occupied          75.00           35,986.88          10.900
                  MUSKEGON, MI 49442                 First                  09/25/2027       48,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            134       Page Balance:      $617,837.31      Generated By: Dmenegus
<PAGE>   137
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>                 <C>
BD7090362         DEBONTE                            1-Family               360              51,000.00          503.10
                  4025 LELAND AVE.                   Owner Occupied          75.00           50,983.53          11.450
                  COMSTOCK PARK, MI 49321            First                  09/29/2027       68,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090490         BROWN                              1-Family               360              60,000.00          582.76
                  1927 WICKHAM DRIVE                 Owner Occupied          80.00           59,979.74          11.250
                  HIGH POINT, NC 27265               First                  09/24/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090491         JONES                              1-Family               360              45,000.00          386.62
                  1516 ENGLAND AVE                   Owner Occupied          84.91           44,979.01           9.750
                  DAYTON, OH 45406                   First                  09/24/2027       53,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090497         JOHNSON                            1-Family               360              75,200.00          773.52
                  445 HEMLOCK LANE                   Owner Occupied          80.00           75,178.48          12.000
                  ETTERS, PA 17319                   First                  09/24/2027       94,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090502         CONSTABLE                          1-Family               360              45,000.00          494.27
                  2401 62ND ST                       Owner Occupied          56.25           44,989.48          12.900
                  DES MOINES, IA 50322               First                  09/29/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090656         WELCH                              1-Family               360              17,200.00          157.98
                  2836 N. ELY HWY.                   Owner Occupied          40.95           17,193.24          10.550
                  ALMA, MI 48801                     First                  09/25/2027       42,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090663         WHIGHTSEL                          1-Family               360              90,000.00          898.14
                  2305 CAMPBELL LANE SOUTHEAST       Owner Occupied          72.00           89,971.86          11.600
                  LANCASTER, OH 43130                First                  09/26/2027      125,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090809         BENVENUTI                          1-Family               360              72,960.00          694.26
                  6679 JONES ROAD                    Owner Occupied          81.07           72,928.19          10.990
                  NORTH BRANCH, MI 48461             First                  09/18/2027       90,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7091130         HARLE                              1-Family               360              87,000.00          894.89
                  120 COUNTY RD. 1100                Owner Occupied          73.73           86,975.11          12.000
                  WEST SALEM, OH 44287               First                  09/25/2027      118,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7091135         ROLAND III                         1-Family               180              14,000.00          186.44
                  3621 EAST 34TH                     Owner Occupied          50.00           13,976.89          14.000
                  KANSAS CITY, MO 64128              First                  09/29/2012       28,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090069         JOHNSON                            1-Family               360              19,500.00          196.83
                  5818 PROSPECT                      Owner Occupied          48.75           19,444.11          11.750
                  KANSAS CITY, MO 64130              First                  10/01/2027       40,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090183         THOMPSON                           1-Family               360              58,225.00          489.59
                  710 MILL STREET                    Owner Occupied          72.78           58,196.36           9.500
                  MIDLAND, MI 48640                  First                  09/26/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            135       Page Balance:      $634,796.00      Generated By: Dmenegus
<PAGE>   138
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>               <C>
BD7090185         LONG                               1-Family               360              40,000.00          391.55
                  2575 DOROTHY DRIVE                 Owner Occupied          66.67           39,986.78          11.350
                  GAYLORD, MI 49735                  First                  09/29/2027       60,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090359         BARNUM, III                        1-Family               360              36,800.00          316.17
                  618 N. CHURCH ST.                  Owner Occupied          74.72           36,782.83           9.750
                  HASTINGS, MI 49058                 First                  09/30/2027       49,250.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090361         JEWELL                             1-Family               360             118,400.00        1,149.97
                  1888 WILSON LANE                   Owner Occupied          74.94          118,360.03          11.250
                  LUDINGTON, MI 49431                First                  09/29/2027      158,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090365         BOS, JR.                           1-Family               360              48,000.00          451.68
                  1734 DELWOOD AVE. S.W.             Owner Occupied          73.85           47,982.32          10.850
                  WYOMING, MI 49509                  First                  09/30/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090368         CLAY                               1-Family               360              43,500.00          457.52
                  608 W. 20TH                        Owner Occupied          54.38           43,488.36          12.300
                  HOLLAND, MI 49423                  First                  09/30/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090673         KEUCH JR.                          1-Family               360             202,500.00        1,702.73
                  23223 HARLEM                       Owner Occupied          75.00          202,400.40           9.500
                  FRANKFORT, IL 60423                First                  10/01/2027      270,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090802         JETTER                             1-Family               360              68,600.00          591.90
                  4200 E. 38TH STREET                Owner Occupied          70.00           68,568.33           9.800
                  INDIANAPOLIS, IN 46218             First                  09/15/2027       98,000.00                
- ----------------------------------------------------------------------------------------------------------------------
BD7090830         DURANT                             1-Family               360              55,200.00          484.42
                  6277 EAST COLDWATER ROAD           Owner Occupied          80.00           55,175.58          10.000
                  FLINT, MI 48506                    First                  09/29/2027       69,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090834         STONE                              1-Family               360              48,750.00          501.45
                  1923 LLOYD STREET                  Owner Occupied          75.00           48,736.05          12.000
                  FLINT, MI 48504                    First                  09/30/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7091133         STIMAC                             1-Family               360              73,600.00          695.35
                  410 ROBERTS RD.                    Owner Occupied          80.00           73,573.18          10.900
                  PITTSBURGH, PA 15239               First                  09/26/2027       92,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090030         WILLIAMS                           1-Family               360              38,400.00          372.96
                  310 ANTHON DR.                     Owner Occupied          80.00           38,387.04          11.250
                  PITTSBURGH, PA 15235               First                  09/30/2027       48,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090337         ANUSZKIEWICZ                       1-Family               360              65,000.00          594.58
                  424 N. PLEASANT                    Owner Occupied          74.71           64,974.17          10.500
                  JACKSON, MI 49202                  First                  09/18/2027       87,000.00                
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

Page:
            136       Page Balance:      $838,415.07      Generated By: Dmenegus
<PAGE>   139
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>             <C>                 <C>
BD7090366         SALADIN                            1-Family               360              80,750.00          738.65
                  9990 W. PECK                       Owner Occupied          74.77           80,717.91          10.500
                  GREENVILLE, MI 48838               First                  09/30/2027      108,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7091132         NOVAK                              1-Family               360              77,400.00          673.53
                  808 CENTER AVE.                    Owner Occupied          90.00           77,365.02           9.900
                  PITTSBURGH, PA 15202               First                  09/25/2027       86,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095023         SANDERS                            1-Family               360              19,580.00          171.83
                  550 SOUTH 23RD STREET              Owner Occupied          57.59           19,571.34          10.000
                  SAGINAW, MI 48601                  First                  09/18/2027       34,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095033         KUCHAR                             1-Family               360              57,800.00          574.59
                  6179 NEW LOTHROP ROAD              Owner Occupied          39.32           57,781.74          11.550
                  NEW LOTHROP, MI 48460              First                  09/24/2027      147,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BB7090666         ROGERS                             1-Family               360              57,000.00          592.90
                  5315 W. MONROE                     Owner Occupied          64.77           56,984.23          12.150
                  CHICAGO, IL 60644                  First                  09/29/2027       88,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090061         HARPER                             1-Family               360              28,000.00          245.72
                  1322 MILFORD AVE.                  Owner Occupied          80.00           27,987.61          10.000
                  ST. LOUIS, MO 63113                First                  09/26/2027       35,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090655         MULDOON                            1-Family               360              34,000.00          428.55
                  8245 ROYAL HEIGHTS DRIVE           Owner Occupied          48.57           33,995.03          14.950
                  CINCINNATI, OH 45239               First                  09/25/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090669         NORRIS                             1-Family               360              93,500.00          912.39
                  7925 S. FAIRFIELD AVE.             Owner Occupied          85.00           93,468.85          11.310
                  CHICAGO, IL 60652                  First                  10/01/2027      110,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090674         CARR                               1-Family               360              44,800.00          379.98
                  5928 LAFLIN                        Owner Occupied          80.00           44,778.42           9.600
                  CHICAGO, IL 60636                  First                  10/01/2027       56,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090189         BLANKENSHIP                        1-Family               360              55,000.00          442.15
                  3538 SAGINAW                       Owner Occupied          75.34           54,969.89           8.990
                  NATIONAL CITY, MI 48748            First                  09/30/2027       73,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090197         WISHNESKY                          1-Family               360              38,400.00          418.79
                  2000 FORESTDALE                    Owner Occupied          59.08           38,390.81          12.800
                  CLEVELAND, OH 44109                First                  10/01/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090376         BROOKS                             1-Family               360              68,000.00          564.35
                  5716 MONTICELLO AVENUE             Owner Occupied          74.73           67,965.48           9.350
                  PORTAGE, MI 49002                  First                  10/01/2027       91,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            137       Page Balance:      $653,976.33      Generated By: Dmenegus
<PAGE>   140
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>               <C>                                <C>                    <C>              <C>                <C>
BD7090823         SPIESZ                             1-Family               360              51,450.00          470.63
                  7901 DUDLEY AVENUE                 Owner Occupied          70.00           51,383.56          10.500
                  CLEVELAND, OH 44102                First                  09/24/2027       73,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7091109         POPE                               1-Family               360              24,500.00          233.13
                  HC 89 BOX 50                       Owner Occupied          70.00           24,491.25          10.990
                  BARBOURVILLE, KY 40906             First                  09/19/2027       35,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095030         VANNATTER                          1-Family               360              10,000.00          123.65
                  540 FALLS CREEK ROAD               Owner Occupied          28.57            9,998.43          14.650
                  TORNADO, WV 25202                  First                  09/22/2027       35,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090060         REDDEN                             1-Family               360              50,400.00          442.30
                  1658 WINDSOR RD.                   Owner Occupied          80.00           50,377.70          10.000
                  WICHITA, KS 67218                  First                  09/25/2027       63,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090835         SMITH                              1-Family               360              48,000.00          471.68
                  3938 ERICKSON COURT                Owner Occupied          70.59           48,000.00          11.400
                  INDIANAPOLIS, IN 46236             First                  10/10/2027       68,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095028         CASE                               1-Family               360              57,800.00          496.59
                  4615 THREE MILE ROAD               Owner Occupied          85.00           57,773.04           9.750
                  BAY CITY, MI 48706                 First                  09/23/2027       68,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095038         KUBIAC                             1-Family               360              30,000.00          320.18
                  338 PINE HAVEN                     Owner Occupied          40.00           30,000.00          12.500
                  LEWISTON, MI 48756                 First                  10/02/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095040         LAUDERDALE                         1-Family               360              21,000.00          247.99
                  100 E. FAUBLE STREET               Owner Occupied          30.43           20,996.14          13.950
                  DURAND, MI 48429                   First                  09/29/2027       69,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7095044         SHIRLEY                            1-Family               360              54,000.00          458.01
                  5818 NW 33RD STREET                Owner Occupied          82.44           53,973.99           9.600
                  OKLAHOMA CITY, OK 73122            First                  09/30/2027       65,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090820         REESER                             1-Family               360              46,000.00          437.72
                  6854 JEFFERSON STREET              Owner Occupied          70.77           45,983.56          10.990
                  NORTH BRANCH, MI 48461             First                  09/25/2027       65,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090065         WARD                               1-Family               360              52,400.00          555.18
                  7529 SHAFTSBURY AVE.               Owner Occupied          80.00           52,386.29          12.400
                  UNIVERSITY CITY, MO 63130          First                  09/30/2027       65,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090836         VANCE                              1-Family               360              61,000.00          557.99
                  3901 CIRCLE DRIVE                  Owner Occupied          76.25           61,000.00          10.500
                  FLINT, MI 48507                    First                  10/02/2027       80,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
</TABLE>

Page:
            138       Page Balance:      $506,363.96      Generated By: Dmenegus
<PAGE>   141
================================================================================
                                  PAINEWEBBER
                              LOAN SCHEDULE REPORT
                              IMC 97-6 Prefunding
                                                                Date: 01/12/1998
================================================================================


<TABLE>
<CAPTION>
                                                      Property               Org Term     Orig Bal
                                                      Occupancy Type         LTV          Curr Bal       Curr P&I
Loan Number       Name/Address                        Lien Type              Maturity     Appr Amt       Curr Rate     
- ---------------------------------------------------------------------------------------------------------------------- 
<S>                                                                  <C>                   <C>                  <C>
BD7095050         HALL                               1-Family               360              30,000.00          248.98
                  612 DELAWARE STREET S.E.           Owner Occupied          80.00           30,000.00           9.350
                  GRAND RAPIDS, MI 49501             First                  10/02/2027       37,500.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090824         BEARD                              1-Family               360              52,000.00          455.95
                  131 E. YOUNG                       Owner Occupied          81.25           51,976.95           9.990
                  CLIO, MI 48420                     First                  09/25/2027       64,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090827         KING                               1-Family               360              66,400.00          619.83
                  1608 N. CAROLINA                   Owner Occupied          88.53           66,375.00          10.750
                  SAGINAW, MI 48602                  First                  09/25/2027       75,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090825         LOWDEN                             1-Family               360              35,000.00          339.94
                  304 US 27 NORTH                    Owner Occupied          50.00           34,988.19          11.250
                  FOUNTAIN CITY, IN 47341            First                  09/24/2027       70,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
BD7090828         VAUGHN                             1-Family               360              79,200.00          657.31
                  5173 GREEN ARBOR DRIVE             Owner Occupied          80.00           79,159.79           9.350
                  GENESEE, MI 48437                  First                  09/25/2027       99,000.00                 
- ---------------------------------------------------------------------------------------------------------------------- 
MC7100050         SULLIVAN                           1-Family               360              68,000.00          591.73
                  301 KILBORN STREET                 Owner Occupied          80.00           67,875.55           9.900
                  SYCAMORE, OH 44882                 First                  06/25/2027       86,000.00                
- ----------------------------------------------------------------------------------------------------------------------
MC7100055         BOWEN                              1-Family               360             112,000.00          806.25
                  116 BASSFORD AVENUE                Owner Occupied          80.00          111,921.74           7.800
                  LAGRANGE, IL 60525                 First                  09/02/2027      140,000.00                
- ----------------------------------------------------------------------------------------------------------------------
MD7100017         Fallavollita                       1-Family               360              90,000.00          863.08
                  201 OAK STREET                     Owner Occupied          75.00           90,000.00          11.088
                  CLINTON, MA 01510                  First                  11/01/2027      120,000.00                
- ----------------------------------------------------------------------------------------------------------------------
AD7100027         KUPPE                              1-Family               360              62,900.00          625.29
                  1504 AMBERLY AVENUE                Owner Occupied          85.00           62,900.00          11.550
                  CLEVELAND, OH 44109                First                  10/07/2027       74,000.00                
- ----------------------------------------------------------------------------------------------------------------------
            Group: Loans Own
    Total Balance:  $131,346,546.92      Total Loans: 1665           Total Current P&I:    $1,200,772.14

</TABLE>




Page:
            139       Page Balance:      $595,197.22      Generated By: Dmenegus



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