SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report : June 15, 1998
(Date of earliest event reported)
Commission File No.: 333-32019
DLJ Commercial Mortgage Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998- CF1
(Exact name of registrant as specified in its charter)
New York (governing law of Pooling and Servicing Agreement)
(State of Incorporation)
52-2090001
52-2090003
52-2090005
(I.R.S. Employer Identification No.)
c/o Norwest Bank Minnesota, N.A.
7485 New Horizon Way
Frederick, Maryland 21703
(Address of principal executive offices) (Zip Code)
(301) 696-7900
Registrant's Full Telephone Number
(Former name, former address and former fiscal year,
if changed since last report)
ITEM 5. Other Events
On June 15, 1998 a distribution was made to holders of DLJ Commercial Mortgage
Corp., Commercial Mortgage Pass-Through Certificates
Series 1998- CF1
ITEM 7. Financial Statements and Exhibits
(c) Exhibits
Item 601(a) of
Regulation S-K
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Commercial Mortgage
Pass-Through Certificates, Series 1998- CF1, relating to the June 15, 1998
distribution
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
DLJ Commercial Mortgage Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998- CF1
June 29, 1998 by Norwest Bank Minnesota, N.A., as Trustee
/s/ Sherri J. Sharps, Vice President
INDEX TO EXHIBITS
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Mortgage Pass-Through
Certificates, Series 1998-CF1 Trust, relating to the June 15,
1998 distribution
Norwest Bank Minnesota, N. A.
Corporate Trust Services DLJ Commercial Mortgage Corp.
3 New York Plaza, 15th Floor Commercial Mortgage Pass-Through Certificates
New York, NY 10004 Series 1998- CF1
For Additional Information, please contact
Leslie Gaskill
(212)509-1630
Reports Available on the World Wide Web
@ www.securitieslink.net/cmbs
Payment Date: 6/15/98
Record Date: 5/29/98
TRUSTEE REPORT
Table of Contents
STATEMENT SECTIONS PAGE(s)
Certificate Distribution Detail 2
Certificate Factor Detail 3
Other Required Information 4
Ratings Detail 5
Current Mortgage Loan and Property Stratification Tables 6-8
Mortgage Loan Detail 9-13
Principal Prepayment Detail 14
Historical Detail 15
Delinquency Loan Detail 16
Specially Serviced Loan Detail 17
Reconciliation Detail 18-19
Modified Loan Detail 20
Liquidated Loan Detail 21
This report has been compiled from information provided to Norwest by various
third parties, which may include the Servicer, Master Servicer, Special Servicer
and others. Norwest has not independently confirmed the accuracy of information
received from these third parties and assumes no duty to do so. Norwest
expressly disclaims any responsibility for the accuracy or completeness of
information furnished by third parties.
Underwriter Servicer
Donaldson, Lufkin & Jenrette Banc One Mortgage Capital Markets, LLC
Securities Corporation 1717 Main Street, 14th Floor
277 Park Avenue Dallas, TX 75201
New York, NY 10172
Contact: N. Dante LaRocca Contact: Paul G. Smyth
Phone Number: (212) 892-3000 Phone Number: (214) 290-2505
Special Servicer
Clarion Partners, LLC
335 Madison Avenue, 7th Floor
New York, NY 10017
Contact: Bruce G. Morrison
Phone Number:(212) 883- 2500
Copyright 1997, Norwest Bank Minnesota, N.A.
<TABLE>
<CAPTION>
Certificate Distribution Detail
Class CUSIP Pass- Through Original Beginning Principal
Rate Balance Balance Distribution
<S> <C> <C> <C> <C> <C>
A-1A 23322BAC2 6.140000% 125,000,000.00 123,626,094.21 625,012.05
A-1B 23322BAD0 6.410000% 466,300,000.00 466,300,000.00 0.00
A-2 23322BAE8 6.590000% 50,400,000.00 50,400,000.00 0.00
A-3 23322BAF5 6.700000% 50,300,000.00 50,300,000.00 0.00
B-1 23322BAG3 7.060000% 41,900,000.00 41,900,000.00 0.00
B-2 23322BAH1 7.330000% 14,700,000.00 14,700,000.00 0.00
B-3 23322BAJ7 7.600000% 10,000,000.00 10,000,000.00 0.00
B-4 23322BAK4 7.600000% 27,100,000.00 27,100,000.00 0.00
B-5 23322BAL2 6.410000% 15,000,000.00 15,000,000.00 0.00
B-6 23322BAM0 6.410000% 15,000,000.00 15,000,000.00 0.00
B-7 23322BAN8 6.410000% 6,300,000.00 6,300,000.00 0.00
C 23322BAP3 6.410000% 16,800,140.00 16,800,140.00 0.00
R-I 23322BAQ1 0.000000% 0.00 0.00 0.00
R-II 23322BAR9 0.000000% 0.00 0.00 0.00
R-III 23322BAS7 0.000000% 0.00 0.00 0.00
Totals 838,800,140.00 837,426,234.21 625,012.05
</TABLE>
<TABLE>
<CAPTION>
Class CUSIP Interest Prepayment Realized Loss/ Total
Distribution Penalties Additional Trust Distribution
Fund Expenses
<S> <C> <C> <C> <C> <C>
A-1A 23322BAC2 632,553.52 0.00 0.00 1,257,565.57
A-1B 23322BAD0 2,490,819.17 0.00 0.00 2,490,819.17
A-2 23322BAE8 276,780.00 0.00 0.00 276,780.00
A-3 23322BAF5 280,841.67 0.00 0.00 280,841.67
B-1 23322BAG3 246,511.67 0.00 0.00 246,511.67
B-2 23322BAH1 89,792.50 0.00 0.00 89,792.50
B-3 23322BAJ7 63,333.33 0.00 0.00 63,333.33
B-4 23322BAK4 171,633.33 0.00 0.00 171,633.33
B-5 23322BAL2 80,125.00 0.00 0.00 80,125.00
B-6 23322BAM0 80,125.00 0.00 0.00 80,125.00
B-7 23322BAN8 33,652.50 0.00 0.00 33,652.50
C 23322BAP3 89,662.08 0.00 0.00 89,662.08
R-I 23322BAQ1 0.00 0.00 0.00 0.00
R-II 23322BAR9 0.00 0.00 0.00 0.00
R-III 23322BAS7 0.00 0.00 0.00 0.00
Totals 4,535,829.77 0.00 0.00 5,160,841.82
</TABLE>
<TABLE>
<CAPTION>
Current
Subordination
Class CUSIP Ending Bal Level(1)
<S> <C> <C> <C>
A-1A 23322BAC2 123,001,082.16 29.58%
A-1B 23322BAD0 466,300,000.00 29.58%
A-2 23322BAE8 50,400,000.00 23.55%
A-3 23322BAF5 50,300,000.00 17.54%
B-1 23322BAG3 41,900,000.00 12.54%
B-2 23322BAH1 14,700,000.00 10.78%
B-3 23322BAJ7 10,000,000.00 9.58%
B-4 23322BAK4 27,100,000.00 6.35%
B-5 23322BAL2 15,000,000.00 4.55%
B-6 23322BAM0 15,000,000.00 2.76%
B-7 23322BAN8 6,300,000.00 2.01%
C 23322BAP3 16,800,140.00 0.00%
R-I 23322BAQ1 0.00 0.00%
R-II 23322BAR9 0.00 0.00%
R-III 23322BAS7 0.00 0.00%
Totals 836,801,222.16
</TABLE>
<TABLE>
<CAPTION>
Class CUSIP Pass- Through Original Beginning
Rate Notional Notional
Amount Amount
<S> <C> <C> <C> <C>
CP 23322BAA6 0.906436% 482,300,000.00 482,300,000.00
S 23322BAB4 0.716597% 838,800,140.00 837,426,234.21
</TABLE>
<TABLE>
<CAPTION>
Interest Prepayment Total
Class CUSIP Distribution Penalties Distribution
<S> <C> <C> <C> <C>
CP 23322BAA6 364,311.67 0.00 364311.67
S 23322BAB4 500,081.21 0.00 500081.21
</TABLE>
<TABLE>
<CAPTION>
Ending
Notional
Class CUSIP Amount
<S> <C> <C>
CP 23322BAA6 482,300,000.00
S 23322BAB4 836,801,222.16
<FN>
(1) Calculated by taking (A) the sum of the ending certificate balance of all
classes less (B) the sum of (i) the ending certificate balance of the designated
class and (ii) the ending certificate balance of all classes which are not
subordinate to the designated class and dividing the result by (A).
</FN>
</TABLE>
<TABLE>
<CAPTION>
Certificate Factor Detail
Beginning Principal Interest
Class CUSIP Amount Distribution Dsitribution
<S> <C> <C> <C> <C>
A-1A 23322BAC2 989.00875368 5.00009640 5.06042816
A-1B 23322BAD0 1,000.00000000 0.00000000 5.34166667
A-2 23322BAE8 1,000.00000000 0.00000000 5.49166667
A-3 23322BAF5 1,000.00000000 0.00000000 5.58333340
B-1 23322BAG3 1,000.00000000 0.00000000 5.88333341
B-2 23322BAH1 1,000.00000000 0.00000000 6.10833333
B-3 23322BAJ7 1,000.00000000 0.00000000 6.33333300
B-4 23322BAK4 1,000.00000000 0.00000000 6.33333321
B-5 23322BAL2 1,000.00000000 0.00000000 5.34166667
B-6 23322BAM0 1,000.00000000 0.00000000 5.34166667
B-7 23322BAN8 1,000.00000000 0.00000000 5.34166667
C 23322BAP3 1,000.00000000 0.00000000 5.33698410
R-I 23322BAQ1 0.00000000 0.00000000 0.00000000
R-II 23322BAR9 0.00000000 0.00000000 0.00000000
R-III 23322BAS7 0.00000000 0.00000000 0.00000000
</TABLE>
<TABLE>
<CAPTION>
Prepayment Realized Loss/ Ending
Class CUSIP Penalty Additional Trust Balance
Fund Expenses
<S> <C> <C> <C> <C>
A-1A 23322BAC2 0.00000000 0.00000000 984.00865728
A-1B 23322BAD0 0.00000000 0.00000000 1,000.00000000
A-2 23322BAE8 0.00000000 0.00000000 1,000.00000000
A-3 23322BAF5 0.00000000 0.00000000 1,000.00000000
B-1 23322BAG3 0.00000000 0.00000000 1,000.00000000
B-2 23322BAH1 0.00000000 0.00000000 1,000.00000000
B-3 23322BAJ7 0.00000000 0.00000000 1,000.00000000
B-4 23322BAK4 0.00000000 0.00000000 1,000.00000000
B-5 23322BAL2 0.00000000 0.00000000 1,000.00000000
B-6 23322BAM0 0.00000000 0.00000000 1,000.00000000
B-7 23322BAN8 0.00000000 0.00000000 1,000.00000000
C 23322BAP3 0.00000000 0.00000000 1,000.00000000
R-I 23322BAQ1 0.00000000 0.00000000 0.00000000
R-II 23322BAR9 0.00000000 0.00000000 0.00000000
R-III 23322BAS7 0.00000000 0.00000000 0.00000000
</TABLE>
<TABLE>
<CAPTION>
Beginnning
Notional Interest Prepayment
Class CUSIP Amount Distribution Penalties
<S> <C> <C> <C> <C>
CP 23322BAA6 1,000.00000000 0.75536320 0.00000000
S 23322BAB4 998.36205823 0.59618637 0.00000000
</TABLE>
<TABLE>
<CAPTION>
Ending
Class CUSIP Notional
Amount
<S> <C> <C>
CP 23322BAA6 1,000.00000000
S 23322BAB4 997.61693192
</TABLE>
<TABLE>
<CAPTION>
Other Required Information
<S> <C>
Available Distribution Amount 6,025,234.70
Aggregate Number of Outstanding Loans 168
Aggregate Unpaid Principal Balance of Loans 836,835,188.08
Aggregate Amount of Service Fee 64,060.69
Aggregate Amount of Special Servicing Fee 0.00
Aggregate Amount of Trustee Fee 2,791.41
Aggregate Trust Fund Expenses 78.67
Specially Serviced Loans not Delinquent
Number of Outstanding Loans 0
Aggregate Unpaid Principal Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
Appraisal Reduction Amount
Appraisal Date Appraisal
Loan Reduction Reduction
Number Effected Effected
<S> <C> <C>
None
Total
</TABLE>
<TABLE>
<CAPTION>
Ratings Detail
Original Ratings
Class Cusip DCR Fitch Moody's S&P
<S> <C> <C> <C> <C> <C>
CP 23322BAA6 X AAA Aaa AAA
S 23322BAB4 X AAA Aaa AAA
A-1A 23322BAC2 X AAA Aaa AAA
A-1B 23322BAD0 X AAA Aaa AAA
A-2 23322BAE8 X AA Aa2 AA
A-3 23322BAF5 X A A2 A
B-1 23322BAG3 X BBB Baa2 BBB
B-2 23322BAH1 X NR Baa3 BBB
B-3 23322BAJ7 X BB+ Ba1 BB+
B-4 23322BAK4 X BB NR BB
B-5 23322BAL2 X NR NR BB-
B-6 23322BAM0 X NR NR B
B-7 23322BAN8 X B- NR NR
C 23322BAP3 X NR NR NR
</TABLE>
<TABLE>
<CAPTION>
Current Ratings
Class Cusip DCR Fitch Moody's S&P
<S> <C> <C> <C> <C> <C>
CP 23322BAA6 X AAA Aaa AAA
S 23322BAB4 X AAA Aaa AAA
A-1A 23322BAC2 X AAA Aaa AAA
A-1B 23322BAD0 X AAA Aaa AAA
A-2 23322BAE8 X AA Aa2 AA
A-3 23322BAF5 X A A2 A
B-1 23322BAG3 X BBB Baa2 BBB
B-2 23322BAH1 X NR Baa3 BBB-
B-3 23322BAJ7 X BB+ Ba1 BB+
B-4 23322BAK4 X BB NR BB
B-5 23322BAL2 X NR NR BB-
B-6 23322BAM0 X NR NR B
B-7 23322BAN8 X B- NR NR
C 23322BAP3 X NR NR NR
<FN>
NR - Designates that the class was not rated by the above agency at the time of
original issuance.
X - Designates that the above rating agency did not rate any classes in this
transaction at the time of original issuance.
N/A - Data not available this period.
1) For any class not rated at the time of original issuance by any particular
rating agency, no request has been made subsequent to issuance to obtain rating
information, if any, from such rating agency. The current ratings were obtained
directly from the applicable rating agency within 30 days of the payment date
listed above. The ratings may have changed since they were obtained. Because the
ratings may have changed, you may want to obtain current ratings directly from
the rating agencies.
Duff & Phelps Credit Rating Co.
55 East Monroe Street
Chicago, Illinois 60603
(312) 368- 3100
Fitch IBCA, Inc.
One State Street Plaza
New York, New York 10004
(212) 908- 0500
Moodys Investors Service
99 Church Street
New York, New York 10007
(212) 553- 0300
Standard & Poors Rating Services
26 Broadway
New York, New York 10004
(212) 208- 8000
</FN>
</TABLE>
<TABLE>
<CAPTION>
Current Mortgage Loan and Property Stratification Tables
Scheduled Balance
% Of
Scheduled # of Scheduled Agg WAM Weighted
Balance Loans Balance Bal. (2) WAC Avg DSCR(1)
<S> <C> <C> <C> <C> <C> <C>
Below 499,999 0 0.00 0.00 0 0.0000 0.000000
500,000 to 1,499,999 29 34,753,841.29 4.15 130 8.0932 1.394374
1,500,000 to 2,499,999 37 73,676,129.96 8.80 125 7.8981 1.338780
2,500,000 to 3,499,999 27 81,618,277.22 9.75 149 7.9187 1.341493
3,500,000 to 4,499,999 20 80,020,686.77 9.56 123 7.8827 1.473398
4,500,000 to 5,499,999 12 59,888,573.03 7.16 130 7.8356 1.412026
5,500,000 to 6,499,999 7 41,174,017.55 4.92 110 7.6410 1.345106
6,500,000 to 7,499,999 11 79,202,788.17 9.46 125 7.4353 1.390838
7,500,000 to 9,999,999 14 121,592,661.14 14.53 116 7.6058 1.445912
10,000,000 to 14,999,999 5 61,901,484.02 7.40 161 7.6943 1.290177
15,000,000 to 28,499,999 4 69,458,107.91 8.30 120 7.5401 1.300521
28,500,000 and greater 2 133,514,655.10 15.96 116 7.1622 1.261659
Totals 168 836,801,222.16 100.00 127 7.6411 1.361198
</TABLE>
<TABLE>
<CAPTION>
State
# of Scheduled % of Weighted
State(3) Props. Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Arizona 2 5,807,541.57 0.69 174 7.5450 1.161027
Arkansas 1 2,341,133.10 0.28 110 8.4500 1.260000
California 19 85,820,381.43 10.26 115 7.7527 1.342382
Colorado 5 12,980,985.74 1.55 136 8.0943 1.309129
Connecticut 1 1,709,398.76 0.20 110 8.4500 1.530000
Delaware 2 12,751,413.14 1.52 115 7.1900 1.560312
Florida 10 49,004,171.79 5.86 118 7.5243 1.318718
Georgia 12 50,660,963.07 6.05 143 7.9388 1.347398
Illinois 10 62,400,959.25 7.46 126 7.7163 1.281714
Indiana 2 4,625,153.93 0.55 113 7.7782 1.449987
Iowa 1 1,746,559.58 0.21 110 8.4500 1.420000
Louisiana 1 2,824,224.03 0.34 110 8.4500 1.330000
Maryland 4 16,105,041.08 1.92 121 7.8531 1.381720
Massachusetts 3 14,057,172.01 1.68 139 8.0374 1.459493
Michigan 6 29,716,387.69 3.55 116 7.6499 1.794142
Minnesota 9 63,640,886.28 7.61 139 7.7280 1.351940
Mississippi 4 7,147,721.09 0.85 112 7.8989 1.347616
Missouri 6 29,774,032.03 3.56 150 8.0896 1.637393
Nevada 4 11,622,297.16 1.39 169 8.1128 1.336057
New Jersey 5 111,332,851.03 13.30 116 7.1683 1.156235
New York 12 48,417,586.78 5.79 121 7.6051 1.501003
North Carolina 8 35,559,000.02 4.25 109 7.2886 1.299517
Ohio 3 12,215,805.19 1.46 114 7.9068 1.508845
Oregon 4 21,107,687.24 2.52 146 7.2775 1.319630
Pennsylvania 1 6,857,327.01 0.82 174 7.8000 1.280000
South Carolina 2 8,976,604.72 1.07 107 7.4084 1.342210
Tennessee 3 5,152,526.94 0.62 147 7.6785 1.321067
Texas 20 55,562,825.68 6.64 135 7.8435 1.340606
Vermont 1 2,039,246.86 0.24 111 8.8300 1.290000
Virginia 2 21,039,232.62 2.51 112 7.5784 1.267741
Washington 3 8,469,552.10 1.01 208 7.9022 1.266269
Washington, DC 2 35,334,553.24 4.22 116 7.3968 1.606466
Totals 168 836,801,222.16 100.00 127 7.6411 1.361198
</TABLE>
<TABLE>
<CAPTION>
Note Rate
Note # of Scheduled % of Weighted
Rate Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
6.499% or Less 0 0.00 0.00 0 0.0000 0.000000
6.500% to 7.499% 45 378,040,375.16 45.18 118 7.2259 1.371280
7.500% to 7.999% 66 285,341,199.69 34.10 139 7.7542 1.355648
8.000% to 8.499% 45 142,682,860.24 17.05 128 8.2626 1.344810
8.500% to 8.999% 10 25,079,958.00 3.00 112 8.7308 1.380587
9.000% to 9.499% 2 5,656,829.07 0.68 107 9.1863 1.294824
9.500% or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 168 836,801,222.16 100.00 127 7.6411 1.361198
</TABLE>
<TABLE>
<CAPTION>
Seasoning
# of Scheduled % of Weighted
Seasoning Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
12 months or less 168 836,801,222.16 100.00 127 7.6411 1.361198
13 to 24 months 0 0.00 0.00 0 0.0000 0.000000
25 to 36 months 0 0.00 0.00 0 0.0000 0.000000
37 to 48 months 0 0.00 0.00 0 0.0000 0.000000
49 and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 168 836,801,222.16 100.00 127 7.6411 1.361198
</TABLE>
<TABLE>
<CAPTION>
Debt Service Coverage Ratio
Debt Service # of Scheduled % of Weighted
Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
.99 or less 0 0.00 0.00 0 0.0000 0.000000
1.0 to 1.09 1 2,876,654.83 0.34 235 7.5500 1.050000
1.1 to 1.19 2 102,461,809.73 12.24 116 7.1224 1.140816
1.2 to 1.29 67 288,614,028.64 34.49 131 7.8103 1.265056
1.3 to 1.39 51 213,963,418.82 25.57 128 7.5972 1.343347
1.4 to 1.49 21 99,328,852.10 11.87 119 7.8339 1.427603
1.5 to 1.59 11 41,723,954.22 4.99 126 7.7567 1.551895
1.6 to 1.69 7 49,230,854.43 5.88 116 7.4684 1.635217
1.7 to 1.79 1 1,486,433.65 0.18 110 8.4500 1.770000
1.8 to 1.89 2 10,461,571.60 1.25 115 7.7886 1.855718
1.9 and greater 5 26,653,644.14 3.19 148 7.4826 2.157326
168 836,801,222.16 100.00 127 7.6411 1.361198
</TABLE>
<TABLE>
<CAPTION>
Property Type(3)
Property # of Scheduled % of Weighted
Type Props Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Health Care 1 7,202,186.56 0.86 114 7.4400 1.360000
Industrial 23 58,466,409.03 6.99 119 8.2948 1.420642
Lodging 6 166,571,509.08 19.91 116 7.3419 1.300148
Mixed Use 5 19,161,758.76 2.29 116 7.6660 1.387506
Mobil Home Park 5 26,459,040.38 3.16 149 7.2709 1.643248
Multi-Family 45 160,666,743.87 19.20 110 7.4394 1.333907
Office 19 117,961,523.71 14.10 117 7.7450 1.412241
Other 7 10,783,563.53 1.29 114 8.8687 1.363841
Retail 56 267,081,106.25 31.92 149 7.7482 1.350425
Self Storage 1 2,447,380.99 0.29 113 7.9300 1.340000
Totals 168 836,801,222.16 100.00 127 7.6411 1.361198
</TABLE>
<TABLE>
<CAPTION>
Anticipated Remaining Term (ARD and Balloon Loans)
Anticipated # of Scheduled % of Weighted
Remaining Term(2) Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
71 months or less 0 0.00 0.00 0 0.0000 0.000000
72 to 108 months 10 32,339,794.31 3.86 83 7.8028 1.267569
109 to 120 months 127 669,234,366.17 79.98 114 7.5939 1.365687
121 to 144 months 2 26,553,591.12 3.17 139 7.6124 1.265213
145 to 168 months 0 0.00 0.00 0 0.0000 0.000000
169 to 216 months 7 31,307,308.65 3.74 174 7.8990 1.383294
217 months or greater 15 65,724,841.77 7.85 233 7.8747 1.393796
Total 161 825,159,902.02 98.61 125 7.6366 1.361515
</TABLE>
<TABLE>
<CAPTION>
Remaining Stated Term (Fully Amortizing Loans)
Stated # of Scheduled % of Weighted
Remaining Term(2) Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
71 months or less 0 0.00 0.00 0 0.0000 0.000000
72 to 108 months 0 0.00 0.00 0 0.0000 0.000000
109 to 120 months 0 0.00 0.00 0 0.0000 0.000000
121 to 144 months 0 0.00 0.00 0 0.0000 0.000000
145 to 168 months 1 1,460,291.17 0.17 149 7.8400 1.680000
169 to 216 months 2 2,789,143.40 0.33 173 8.2445 1.323780
217 months or greater 4 7,391,885.57 0.88 234 7.8824 1.277001
Totals 7 11,641,320.14 1.39 208 7.9638 1.338761
</TABLE>
<TABLE>
<CAPTION>
Remaining Amortization Term (ARD and Balloon Loans)
Remaining # of Scheduled % of Weighted
Amortization Term Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
180 months or less 0 0.00 0.00 0 0.0000 0.000000
144 to 204 months 0 0.00 0.00 0 0.0000 0.000000
205 to 228 months 1 4,930,713.71 0.59 173 8.3500 1.260000
229 to 240 months 10 18,749,196.81 2.24 127 8.4005 1.399180
241 to 276 months 1 2,876,654.83 0.34 235 7.5500 1.050000
277 to 300 months 49 208,095,013.29 24.87 126 7.8339 1.430839
301 to 348 months 2 11,192,893.90 1.34 114 7.6603 1.550274
349 months or greater 98 579,315,429.48 69.23 124 7.5349 1.334158
Totals 161 825,159,902.02 98.61 125 7.6366 1.361515
</TABLE>
<TABLE>
<CAPTION>
Age of Most Recent NOI
Age of Most # of Scheduled % of Weighted
Recent NOI Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
1 year or less 168 836,801,222.16 100.00 127 7.6411 1.361198
1 to 2 years 0 0.00 0.00 0 0.0000 0.000000
2 years or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 168 836,801,222.16 100.00 127 7.6411 1.361198
<FN>
(1) Debt Service Coverage Ratios are calculated as described in the prospectus,
values are updated periodically as new NOI figures become available from
borrowers on an asset level. The Trustee makes no representations as to the
accuracy of the data provided by the borrower for this calculation.
(2)Anticipated Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date, if
applicable, and the maturity date.
(3) Data in this table was calculated by allocating pro- rata the current loan
information to the properties based upon the Cut- off Date Balance of the
related mortgage loan as disclosed in the offering document.
Note(i) "Scheduled Balance" has the meaning assigned thereto in the CSSA
Standard Information Package.
(ii) An ARD Loan constitutes a "Hyper-Amortization Loan" as defined in the
offering document.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Mortgage Loan Detail
Loan Property Interest Principal Gross
Number ODCR Type City State Payment Payment Coupon
<S> <C> <C> <C> <C> <C> <C> <C>
1 LO Atlantic City NJ 608921.65 62436.15 7.090%
2 IN Santa Fe Springs CA 31433.66 4650.06 8.450%
3 IN Mansfield MA 30385.87 4495.06 8.450%
4 IN San Jose CA 29600.03 4378.81 8.450%
5 IN Minneapolis MN 26980.55 3991.31 8.450%
6 IN Springfield MO 24623.03 3642.55 8.450%
7 IN Salinas CA 21086.74 3119.42 8.450%
8 IN Harahan LA 19907.98 2945.04 8.450%
9 IN Rogers AR 16502.67 2441.28 8.450%
10 IN Keokuk IA 12311.52 1821.27 8.450%
11 IN Portland CT 12049.57 1782.52 8.450%
12 IN Saltillo MS 10582.66 1565.53 8.450%
13 IN Columbus IN 10477.89 1550.02 8.450%
14 IN North Tonawanda NY 10477.89 1550.02 8.450%
15 IN St. Cloud MN 10477.89 1550.02 8.450%
16 IN Jackson MS 9692.04 1433.77 8.450%
17 IN Collierville TN 7858.41 1162.52 8.450%
18 IN Bloomington IL 5500.89 813.76 8.450%
19 IN Danville IL 4453.10 658.76 8.450%
20 LO Washington DC 215120.51 33378.57 7.375%
21 MF Winston-Salem NC 44683.99 4296.27 7.250%
22 MF Kernersville NC 42816.97 4116.76 7.250%
23 MF Winston-Salem NC 36593.57 3518.40 7.250%
24 MF Kernersville NC 36469.11 3506.42 7.250%
25 MF Winston-Salem NC 13691.47 1316.41 7.250%
26 RT Springfield IL 117196.62 10160.19 7.480%
27 OF Roseville MN 108520.30 11476.02 7.020%
28 MF Woodbridge VA 112580.16 9679.45 7.550%
29 OF Minneapolis MN 112935.77 7226.78 8.180%
30 MF Gainesville FL 44853.91 8058.88 6.980%
31 MF Gainesville FL 43657.80 7843.98 6.980%
32 RT Richfield MN 87414.85 9435.13 7.920%
33 RT Richfield MN 9578.36 5784.11 7.840%
34 RT Kirkland WA 23227.87 1727.18 7.850%
35 RT San Francisco CA 22958.56 1707.16 7.850%
36 RT Las Vegas NV 18514.97 1376.78 7.850%
37 RT Las Vegas NV 18514.97 1376.74 7.850%
38 RT Paradise CA 12320.87 916.16 7.850%
39 MH Oregon City OR 79240.37 8490.93 6.990%
40 OF Chicago IL 88709.94 6226.72 7.950%
41 MU Greenville DE 46904.62 4631.85 7.190%
42 RT Greenville DE 32092.64 3169.15 7.190%
43 RT Decatur GA 77333.49 12169.26 8.200%
44 RT Rancho Santa Marga CA 72232.91 6391.81 7.450%
45 OT Chamblee GA 25334.86 4479.19 8.850%
46 OT Yorktown NY 15844.09 2801.22 8.850%
47 OT Scarsdale NY 12471.34 2204.92 8.850%
48 OT Yorktown NY 12471.34 2204.92 8.850%
49 OT Yorktown NY 7372.99 1303.54 8.850%
50 OT Scarsdale NY 4941.47 873.65 8.850%
51 OF New York NY 60200.33 12080.36 7.250%
52 RT Bronx NY 63318.81 5782.78 7.380%
53 LO Houston TX 66699.58 9030.36 7.780%
54 LO Sunset Hills MO 72000.48 7365.15 8.630%
55 RT Lancaster CA 61366.78 4979.32 7.640%
56 OF Southfield MI 58710.50 6389.64 7.850%
57 RT Bronx NY 53506.81 5414.03 7.120%
58 RT St. Louis MO 56957.97 4093.68 7.900%
59 MF Schaumburg IL 47647.09 6493.59 7.170%
60 RT Lewisville TX 51681.76 4293.80 7.610%
61 OF Champaign IL 52885.66 3984.11 7.800%
62 RT Palm Beach Gardens FL 52371.11 4046.37 7.783%
63 RT Lansing MI 47101.22 4589.62 7.220%
64 RT North Miami FL 45862.98 4640.60 7.120%
65 IN Auburn MA 50994.54 6544.32 7.930%
66 LO Baltimore MD 51403.17 6483.05 8.000%
67 HC Columbia SC 46187.54 7106.69 7.440%
68 RT Sandy Springs GA 47373.10 3639.44 7.780%
69 RT Santa Monica CA 43585.28 5754.40 7.260%
70 RT Philadelphia PA 46100.32 6244.07 7.800%
71 OF Marietta GA 41221.66 3688.76 7.410%
72 LO Cleveland OH 39745.43 5456.19 7.720%
73 MU Melbourne FL 41539.42 2619.51 8.210%
74 OF San Jose CA 39628.00 2501.22 8.170%
75 MF El Cajon CA 34728.20 4256.20 7.510%
76 RT Fremont CA 33393.01 2894.96 7.480%
77 RT Atlanta GA 40736.49 1533.83 9.180%
78 MF Bloomington MN 33787.79 2715.00 7.720%
79 RT Hyde Park NY 33313.39 4774.14 7.620%
80 OF Chicago IL 34770.74 2346.44 8.070%
81 OF Farmington Hills MI 32616.95 3549.80 7.850%
82 RT Woodstock GA 31979.31 2810.39 7.450%
83 MF Poway CA 31080.80 3809.18 7.510%
84 RT Chicago IL 35520.02 9292.81 8.350%
85 RT Sugar Land TX 32754.60 2298.93 7.950%
86 IN Eatontown NJ 30198.59 2439.07 7.650%
87 OF California MD 28110.61 3259.64 7.700%
88 MF Winston-Salem NC 27332.19 2440.14 7.400%
89 MH Ojai CA 27630.94 3174.79 7.750%
90 RT Highlands Ranch CO 30302.33 2680.38 8.320%
91 MF Wayne MI 26391.69 2487.97 7.330%
92 RT Las Vegas NV 28298.95 2704.98 8.320%
93 RT Aventura FL 25586.94 7412.05 7.650%
94 MH St. Peters MO 23732.23 2977.68 7.460%
95 RT Newburgh NY 25844.60 1826.82 7.920%
96 RT The Colony TX 24499.53 2776.67 7.770%
97 MF South Orange NJ 25243.24 1980.43 7.750%
98 RT Miami FL 25416.54 2652.17 8.070%
99 MF Modesto CA 23630.13 2896.66 7.510%
100 OF Falls Church VA 24794.33 1967.55 7.710%
101 MH St. Charles MO 23144.34 2903.92 7.460%
102 MF Atlanta GA 23629.28 2042.18 7.560%
103 MF Baldwin Park CA 23037.61 1843.61 7.670%
104 RT Seattle WA 22083.31 1642.07 7.850%
105 MF Columbia Heights MN 20791.09 1828.50 7.500%
106 RT Gresham OR 21544.69 1602.03 7.850%
107 RT Westlake OH 21517.89 2863.10 7.850%
108 MF Terre Haute IN 20174.13 1764.91 7.460%
109 RT McKinney TX 21252.02 1576.73 7.870%
110 RT Henderson TX 21569.57 1469.59 8.050%
111 RT Delphos OH 21270.39 2042.07 8.330%
112 OF Castro Valley CA 20248.38 1472.48 7.860%
113 RT Garden City MI 19524.15 3372.58 7.870%
114 MF Sierra Vista AZ 19047.96 2829.09 7.540%
115 MF Waco TX 19440.03 1476.38 7.820%
116 RT Tucson AZ 18729.86 4245.88 7.550%
117 MF Meridian MS 17972.08 1663.63 7.350%
118 OF San Rafael CA 19245.25 1849.30 8.280%
119 IN Dallas TX 11286.53 1343.03 8.190%
120 IN Dallas TX 7641.19 909.26 8.190%
121 MF Memphis TN 15937.65 2046.49 7.390%
122 MF Fort Lauderdale FL 16983.92 2815.79 8.070%
123 RT Odessa TX 17130.94 1238.44 7.910%
124 RT Eugene OR 16157.71 2382.16 7.540%
125 MF Villageof HoneoyeF NY 14763.28 3114.07 7.130%
126 OF Boulder CO 16889.84 4317.74 8.190%
127 SS Lafayette CO 16727.13 2183.98 7.930%
128 RT Gaithersburg MD 15073.30 2661.50 7.740%
129 MF Austin TX 14810.10 1316.47 7.440%
130 MU Canton MA 14989.82 2171.88 7.610%
131 RT Portland OR 15417.92 1146.45 7.850%
132 MF Atlanta GA 13141.57 1241.15 7.290%
133 MF Chicago IL 13058.15 1610.98 7.490%
134 RT Las Vegas NV 14965.70 842.43 8.400%
135 RT Manchester VT 15014.51 1230.13 8.830%
136 MF Irving TX 14931.77 830.96 8.500%
137 MF Chicago IL 12819.11 1124.12 7.470%
138 MF Norcross GA 13235.60 3171.03 7.740%
139 RT El Paso TX 13011.81 3234.84 7.610%
140 IN South Brunswick NJ 13689.89 3076.27 8.030%
141 RT Littleton CO 12616.96 1880.02 7.510%
142 MU Rockville MD 12977.89 1776.63 7.770%
143 MF Atlanta GA 11595.09 1186.33 7.110%
144 RT Colorado Springs CO 13467.12 1551.54 8.280%
145 MF Durham NC 11818.03 1113.58 7.280%
146 MF Taylors SC 11130.20 1048.78 7.280%
147 OF Spokane WA 11954.42 1217.25 8.100%
148 MF Coconut Creek FL 11523.93 1943.65 7.900%
149 MF Waco TX 10720.19 992.34 7.350%
150 OF Hurst TX 10464.94 724.97 8.000%
151 MU Washington DC 10158.12 733.54 7.890%
152 OF Houston TX 9873.26 790.12 7.670%
153 MH Petaluma CA 9239.59 1166.58 7.420%
154 RT Kinston NC 9904.78 789.62 7.700%
155 MF Griffin GA 10275.37 2364.27 8.010%
156 MF Denton TX 10230.62 4156.17 8.060%
157 RT Cleveland TN 9211.50 2680.18 7.600%
158 MF Greenville MS 9732.42 713.58 7.880%
159 MF New Brighton MN 8837.02 777.18 7.500%
160 RT S.Orange VillageTo NJ 9317.55 3936.90 8.450%
161 MF Clarkston GA 8157.67 763.59 7.310%
162 RT Oxnard CA 8993.92 1360.39 8.370%
163 MF Huntsville TX 8635.44 498.14 8.390%
164 MF Jacksonville FL 7102.93 782.35 7.880%
165 OF Ann Arbor MI 7855.07 777.44 8.750%
166 RT Independence MO 4717.25 620.70 7.860%
167 MF Portland TX 4068.05 363.18 7.400%
168 OT Dallas TX 3899.62 789.62 9.250%
Totals 5470086.83 625012.02
</TABLE>
<TABLE>
<CAPTION>
Loan Anticipated Neg Beginning Ending Paid
Number Repayment Maturity Amort Scheduled Scheduled Thru
Date Date (Y/N) Balance Balance Date
<S> <C> <C> <C> <C> <C> <C>
1 2/1/2008 2/1/2008 N 99,736,927.83 99,674,491.68 6/1/1998
2 N/A 8/31/2007 N 4,463,951.13 4,459,301.07 6/1/1998
3 N/A 8/31/2007 N 4,315,152.76 4,310,657.70 6/1/1998
4 N/A 8/31/2007 N 4,203,553.95 4,199,175.14 6/1/1998
5 N/A 8/31/2007 N 3,831,558.06 3,827,566.76 6/1/1998
6 N/A 8/31/2007 N 3,496,761.73 3,493,119.18 6/1/1998
7 N/A 8/31/2007 N 2,994,567.22 2,991,447.81 6/1/1998
8 N/A 8/31/2007 N 2,827,169.07 2,824,224.03 6/1/1998
9 N/A 8/31/2007 N 2,343,574.38 2,341,133.10 6/1/1998
10 N/A 8/31/2007 N 1,748,380.86 1,746,559.58 6/1/1998
11 N/A 8/31/2007 N 1,711,181.28 1,709,398.76 6/1/1998
12 N/A 8/31/2007 N 1,502,863.52 1,501,298.00 6/1/1998
13 N/A 8/31/2007 N 1,487,983.68 1,486,433.65 6/1/1998
14 N/A 8/31/2007 N 1,487,983.68 1,486,433.65 6/1/1998
15 N/A 8/31/2007 N 1,487,983.68 1,486,433.65 6/1/1998
16 N/A 8/31/2007 N 1,376,384.97 1,374,951.21 6/1/1998
17 N/A 8/31/2007 N 1,115,987.79 1,114,825.27 6/1/1998
18 N/A 8/31/2007 N 781,191.46 780,377.70 6/1/1998
19 N/A 8/31/2007 N 632,393.07 631,734.31 6/1/1998
20 2/1/2008 2/1/2003 N 33,873,541.99 33,840,163.42 6/1/1998
21 N/A 1/1/2008 N 7,157,390.95 7,153,094.68 6/1/1998
22 N/A 1/1/2008 N 6,858,335.61 6,854,218.85 6/1/1998
23 N/A 1/1/2008 N 5,861,484.50 5,857,966.11 6/1/1998
24 N/A 1/1/2008 N 5,841,547.51 5,838,041.08 6/1/1998
25 N/A 1/1/2008 N 2,193,072.43 2,191,756.03 6/1/1998
26 N/A 1/1/2000 N 18,195,093.18 18,184,932.98 6/1/1998
27 N/A 2/1/2008 N 17,952,076.52 17,940,600.50 6/1/1998
28 N/A 10/1/2007 N 17,316,324.85 17,306,645.40 6/1/1998
29 N/A 10/1/2007 N 16,033,155.82 16,025,929.03 6/1/1998
30 N/A 1/1/2008 N 7,462,522.65 7,454,463.77 6/1/1998
31 N/A 1/1/2008 N 7,263,522.06 7,255,678.08 6/1/1998
32 N/A 11/1/2007 N 13,244,674.23 13,235,239.10 5/1/1998
33 N/A 11/1/2000 N 1,466,075.29 1,460,291.17 6/1/1998
34 N/A 11/1/2007 N 3,436,217.17 3,434,490.00 6/1/1998
35 N/A 11/1/2007 N 3,396,376.94 3,394,669.78 6/1/1998
36 N/A 11/1/2007 N 2,739,013.42 2,737,636.64 6/1/1998
37 N/A 11/1/2007 N 2,739,013.67 2,737,636.93 6/1/1998
38 N/A 11/1/2007 N 1,822,689.09 1,821,772.93 6/1/1998
39 N/A 2/1/2008 N 13,164,675.20 13,156,184.27 6/1/1998
40 N/A 12/1/2007 N 12,958,237.98 12,952,011.26 6/1/1998
41 N/A 1/1/2008 N 7,575,783.39 7,571,151.54 6/1/1998
42 N/A 1/1/2008 N 5,183,430.75 5,180,261.60 6/1/1998
43 N/A 10/1/2007 N 11,317,096.65 11,304,927.40 6/1/1998
44 N/A 12/1/2007 N 11,259,513.81 11,253,121.99 6/1/1998
45 12/1/2007 12/1/2007 N 3,324,908.37 3,320,429.19 6/1/1998
46 12/1/2007 12/1/2007 N 2,084,285.21 2,081,483.99 6/1/1998
47 12/1/2007 12/1/2007 N 1,637,644.12 1,635,439.20 6/1/1998
48 12/1/2007 12/1/2007 N 1,637,644.12 1,635,439.20 6/1/1998
49 12/1/2007 12/1/2007 N 962,720.47 961,416.93 6/1/1998
50 12/1/2007 12/1/2007 N 645,121.65 644,248.00 6/1/1998
51 N/A 2/1/2008 N 9,964,192.46 9,952,112.10 6/1/1998
52 N/A 12/1/2007 N 9,963,621.39 9,957,838.61 6/1/1998
53 1/1/2008 1/1/2003 N 9,955,986.55 9,946,956.19 6/1/1998
54 10/1/2007 10/1/2002 N 9,688,698.15 9,681,333.00 6/1/1998
55 N/A 12/1/2007 N 9,327,833.02 9,322,853.70 6/1/1998
56 N/A 1/1/2008 N 8,974,854.04 8,968,464.40 6/1/1998
57 N/A 2/1/2008 N 8,727,099.00 8,721,684.97 6/1/1998
58 N/A 12/1/2009 N 8,372,751.82 8,368,658.14 6/1/1998
59 N/A 1/1/2008 N 7,974,409.06 7,967,915.47 6/1/1998
60 N/A 11/1/2007 N 7,886,665.90 7,882,372.10 6/1/1998
61 N/A 12/1/2007 N 7,873,795.60 7,869,811.49 6/1/1998
62 N/A 10/1/2007 N 7,814,219.15 7,810,172.78 6/1/1998
63 N/A 1/1/2008 N 7,575,926.28 7,571,336.65 6/1/1998
64 N/A 2/1/2008 N 7,480,370.56 7,475,729.96 5/1/1998
65 N/A 1/1/2003 N 7,467,775.89 7,461,231.56 6/1/1998
66 12/1/2007 12/1/2002 N 7,461,750.16 7,455,267.11 6/1/1998
67 N/A 12/1/2007 N 7,209,293.26 7,202,186.56 6/1/1998
68 N/A 11/1/2007 N 7,071,198.70 7,067,559.26 6/1/1998
69 12/1/2007 1/1/2005 N 6,971,785.73 6,966,031.33 6/1/1998
70 N/A 12/1/2002 N 6,863,571.08 6,857,327.01 6/1/1998
71 N/A 1/1/2008 N 6,460,231.39 6,456,542.63 5/1/1998
72 2/1/2008 2/1/2003 N 5,978,753.87 5,973,297.68 6/1/1998
73 N/A 10/1/2007 N 5,875,679.22 5,873,059.71 6/1/1998
74 N/A 12/1/2007 N 5,632,754.99 5,630,253.76 6/1/1998
75 N/A 12/1/2004 N 5,549,112.78 5,544,856.58 6/1/1998
76 N/A 1/1/2008 N 5,184,355.31 5,181,460.35 6/1/1998
77 N/A 5/1/2007 N 5,153,255.88 5,151,722.05 6/1/1998
78 N/A 9/1/2007 N 5,082,569.70 5,079,854.70 6/1/1998
79 N/A 1/1/2003 N 5,076,971.05 5,072,196.91 6/1/1998
80 N/A 10/1/2007 N 5,003,584.60 5,001,238.17 6/1/1998
81 N/A 1/1/2008 N 4,986,030.00 4,982,480.20 6/1/1998
82 N/A 1/1/2008 N 4,984,867.07 4,982,056.68 6/1/1998
83 N/A 12/1/2004 N 4,966,306.53 4,962,497.35 6/1/1998
84 N/A 11/1/2002 N 4,940,006.52 4,930,713.71 6/1/1998
85 N/A 12/1/2007 N 4,784,603.08 4,782,304.15 6/1/1998
86 N/A 12/1/2007 N 4,584,226.23 4,581,787.16 6/1/1998
87 N/A 11/1/2007 N 4,380,873.97 4,377,614.33 6/1/1998
88 N/A 2/1/2005 N 4,289,271.31 4,286,831.17 6/1/1998
89 N/A 10/1/2007 N 4,278,339.65 4,275,164.87 6/1/1998
90 N/A 11/1/2007 N 4,229,542.95 4,226,862.57 6/1/1998
91 N/A 11/1/2007 N 4,181,229.26 4,178,741.29 6/1/1998
92 N/A 10/1/2007 N 4,081,579.54 4,078,874.56 6/1/1998
93 N/A 12/1/2002 N 4,013,638.14 4,006,226.09 6/1/1998
94 N/A 11/1/2007 N 3,817,516.28 3,814,538.60 6/1/1998
95 N/A 1/1/2008 N 3,789,530.73 3,787,703.91 6/1/1998
96 N/A 11/1/2007 N 3,783,711.11 3,780,934.44 6/1/1998
97 N/A 10/1/2007 N 3,782,546.45 3,780,566.02 5/1/1998
98 N/A 9/1/2007 N 3,779,410.57 3,776,758.40 6/1/1998
99 N/A 12/1/2004 N 3,775,786.50 3,772,889.84 6/1/1998
100 N/A 11/1/2007 N 3,734,554.76 3,732,587.22 6/1/1998
101 N/A 11/1/2007 N 3,722,949.36 3,720,045.44 6/1/1998
102 N/A 9/1/2007 N 3,629,689.53 3,627,647.35 6/1/1998
103 N/A 12/1/2007 N 3,488,051.08 3,486,207.47 6/1/1998
104 N/A 11/1/2007 N 3,266,896.33 3,265,254.26 6/1/1998
105 N/A 10/1/2007 N 3,219,265.04 3,217,436.53 6/1/1998
106 N/A 11/1/2007 N 3,187,215.88 3,185,613.85 6/1/1998
107 N/A 12/1/2007 N 3,183,250.49 3,180,387.39 6/1/1998
108 N/A 1/1/2008 N 3,140,485.19 3,138,720.28 6/1/1998
109 N/A 10/1/2007 N 3,135,929.66 3,134,352.93 6/1/1998
110 N/A 10/1/2007 N 3,111,618.87 3,110,149.28 6/1/1998
111 N/A 9/1/2007 N 3,064,162.19 3,062,120.12 6/1/1998
112 N/A 1/1/2008 N 2,991,634.41 2,990,161.93 6/1/1998
113 N/A 10/1/2007 N 2,976,999.30 2,973,626.72 6/1/1998
114 N/A 12/1/2007 N 2,933,715.83 2,930,886.74 6/1/1998
115 N/A 10/1/2007 N 2,886,894.64 2,885,418.26 5/1/1998
116 N/A 1/1/2008 N 2,880,900.72 2,876,654.83 6/1/1998
117 N/A 12/1/2007 N 2,839,564.32 2,837,900.69 6/1/1998
118 N/A 11/1/2007 N 2,789,167.34 2,787,318.05 5/1/1998
119 N/A 11/1/2007 N 1,600,358.34 1,599,015.31 5/1/1998
120 N/A 11/1/2007 N 1,083,472.41 1,082,563.15 5/1/1998
121 N/A 11/1/2007 N 2,587,981.46 2,585,934.97 6/1/1998
122 N/A 8/1/2007 N 2,525,489.39 2,522,673.59 5/1/1998
123 N/A 11/1/2007 N 2,515,044.20 2,513,805.77 6/1/1998
124 N/A 1/1/2008 N 2,488,566.35 2,486,184.19 6/1/1998
125 N/A 12/1/2007 N 2,484,703.38 2,481,589.31 6/1/1998
126 N/A 11/1/2007 N 2,474,701.29 2,470,383.55 6/1/1998
127 N/A 11/1/2007 N 2,449,564.97 2,447,380.99 6/1/1998
128 N/A 12/1/2007 N 2,336,946.20 2,334,284.70 6/1/1998
129 N/A 12/1/2007 N 2,311,669.65 2,310,353.17 6/1/1998
130 N/A 12/1/2004 N 2,287,454.63 2,285,282.75 6/1/1998
131 N/A 11/1/2007 N 2,280,851.38 2,279,704.93 6/1/1998
132 N/A 1/1/2008 N 2,093,439.40 2,092,198.25 6/1/1998
133 N/A 12/1/2007 N 2,092,093.76 2,090,482.78 6/1/1998
134 N/A 12/1/2007 N 2,068,991.46 2,068,149.03 5/1/1998
135 N/A 9/1/2007 N 2,040,476.99 2,039,246.86 6/1/1998
136 N/A 8/1/2004 N 2,040,014.16 2,039,183.20 6/1/1998
137 N/A 12/1/2007 N 1,992,865.50 1,991,741.38 6/1/1998
138 N/A 1/1/2008 N 1,985,836.93 1,982,665.91 6/1/1998
139 N/A 1/1/2008 N 1,985,610.33 1,982,375.49 6/1/1998
140 N/A 11/1/2007 N 1,979,817.55 1,976,741.28 5/1/1998
141 N/A 1/1/2008 N 1,950,993.07 1,949,113.05 6/1/1998
142 N/A 12/1/2002 N 1,939,651.58 1,937,874.94 6/1/1998
143 N/A 1/1/2008 N 1,893,849.72 1,892,663.40 6/1/1998
144 N/A 11/1/2007 N 1,888,797.12 1,887,245.58 6/1/1998
145 N/A 2/1/2005 N 1,885,186.80 1,884,073.22 6/1/1998
146 N/A 2/1/2005 N 1,775,466.93 1,774,418.16 6/1/1998
147 N/A 11/1/2007 N 1,771,025.09 1,769,807.84 6/1/1998
148 N/A 12/1/2007 N 1,750,470.79 1,748,527.14 6/1/1998
149 N/A 12/1/2007 N 1,693,775.19 1,692,782.85 6/1/1998
150 N/A 11/1/2007 N 1,519,104.88 1,518,379.91 6/1/1998
151 N/A 12/1/2007 N 1,495,123.36 1,494,389.82 6/1/1998
152 N/A 12/1/2007 N 1,494,879.03 1,494,088.91 6/1/1998
153 N/A 12/1/2007 N 1,494,273.78 1,493,107.20 6/1/1998
154 N/A 11/1/2007 N 1,493,808.50 1,493,018.88 5/1/1998
155 N/A 9/1/2007 N 1,489,724.09 1,487,359.83 6/1/1998
156 N/A 11/1/2002 N 1,474,034.68 1,469,878.51 6/1/1998
157 N/A 1/1/2008 N 1,454,446.88 1,451,766.70 6/1/1998
158 N/A 11/1/2007 N 1,434,284.77 1,433,571.19 6/1/1998
159 N/A 10/1/2007 N 1,368,312.02 1,367,534.84 6/1/1998
160 N/A 10/1/2002 N 1,323,201.80 1,319,264.89 6/1/1998
161 N/A 1/1/2008 N 1,295,954.71 1,295,191.12 6/1/1998
162 N/A 9/1/2007 N 1,289,450.67 1,288,090.28 6/1/1998
163 N/A 10/1/2007 N 1,195,263.18 1,194,765.05 5/1/1998
164 N/A 10/1/2007 N 1,081,664.62 1,080,882.27 6/1/1998
165 N/A 9/1/2002 N 1,042,515.87 1,041,738.43 6/1/1998
166 N/A 1/1/2008 N 696,958.38 696,337.67 5/1/1998
167 N/A 2/1/2005 N 638,403.18 638,039.99 6/1/1998
168 N/A 9/1/2007 N 505,896.64 505,107.02 6/1/1998
Totals 837,426,234.2 836,801,222.16
<FN>
(1) Property Type Code
SS- Self Storage
MF- Multi- Family
RT- Retail
HC- Health Care
IN- Industrial
WH- Warehouse
MH- Mobile Home Park
OF- Office
LO- Lodging
MU- Mixed Use
OT- Other
(2) Resolution Strategy Code
1- Modification
2- Foreclosure
3- Bankruptcy
4- Extension
5- Note Sale
6- DPO
7- REO
8- Resolved
9- Pending Return to Master Server
10- Deed In Lieu of Foreclosure
(3) Modification Code
1- Maturity Date Extension
2- Amortization Change
3- Principal Write- Off
4- Combination
</FN>
</TABLE>
Principal Payment Detail
No Principal Prepayments this Period
<TABLE>
<CAPTION>
Historical Detail
Delinquencies
Distribution 30-59 Days 60-89 Days 90 Days or More
Date # Balance # Balance # Balance
<S> <C> <C> <C> <C> <C> <C>
6/15/98 0 $0.00 0 $0.00 0 $0.00
5/15/98 0 $0.00 0 $0.00 0 $0.00
4/15/98 0 $0.00 0 $0.00 0 $0.00
</TABLE>
<TABLE>
<CAPTION>
Disrtibution Foreclosure REO Modifications
Date # Balance # Balance # Balance
<S> <C> <C> <C> <C> <C> <C>
6/15/98 0 $0.00 0 $0.00 0 $0.00
5/15/98 0 $0.00 0 $0.00 0 $0.00
4/15/98 0 $0.00 0 $0.00 0 $0.00
</TABLE>
<TABLE>
<CAPTION>
Prepayments Rate and Maturities
Disrtibution Curtailments Payoff Next Weighted Avg. WAM
Date # Amount # Amount Coupon Remit
<S> <C> <C> <C> <C> <C> <C> <C>
6/15/98 0 $0.00 0 $0.00 7.641143% 7.541143% 127
5/15/98 0 $0.00 0 $0.00 7.641172% 7.541172% 128
4/15/98 0 $0.00 0 $0.00 7.641191% 7.541191% 129
<FN>
Note: Foreclosure and REO Totals are excluded from the delinquencies aging
categories.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Reconciliation Detail
Advance Summary
<S> <C>
P & I Advances Outstanding 360,218.55
Servicing Advances Outstanding 0.00
Reimbursement for Interest on Advances 78.67
paid from general collections
</TABLE>
<TABLE>
<CAPTION>
Servicing Fee Breakdowns
<S> <C>
Current Period Accrued Servicing Fees 66,994.12
Less Delinquent Servicing Fees 3,943.04
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 0.00
Plus Adjustments for Prior Servicing Calculation 1,009.61
Total Servicing Fees Collected 64,060.69
</TABLE>
<TABLE>
<CAPTION>
Certificate Interest Reconciliation
Class Accrued Net Aggregate Distributable Distributable
Certificate Prepayment Certificate Certificate
Interest Interest Shortfall Interest Interest
Adjustment
<S> <C> <C> <C> <C>
CP 364,311.67 0.00 364,311.67 0.00
S 500,081.21 0.00 500,081.21 0.00
A-1A 632,553.52 0.00 632,553.52 0.00
A-1B 2,490,819.17 0.00 2,490,819.17 0.00
A-2 276,780.00 0.00 276,780.00 0.00
A-3 280,841.67 0.00 280,841.67 0.00
B-1 246,511.67 0.00 246,511.67 0.00
B-2 89,792.50 0.00 89,792.50 0.00
B-3 63,333.33 0.00 63,333.33 0.00
B-4 171,633.33 0.00 171,633.33 0.00
B-5 80,125.00 0.00 80,125.00 0.00
B-6 80,125.00 0.00 80,125.00 0.00
B-7 33,652.50 0.00 33,652.50 0.00
C 89,740.75 0.00 89,740.75 0.00
Totals 5,400,301.32 0.00 5,400,301.32 0.00
</TABLE>
<TABLE>
<CAPTION>
Additional Remaining Unpaid
Trust Fund Interest Distributable
Class Expenses Distribution Certificate Interest
<S> <C> <C> <C>
CP 0.00 364,311.67 0.00
S 0.00 500,081.21 0.00
A-1A 0.00 632,553.52 0.00
A-1B 0.00 2,490,819.17 0.00
A-2 0.00 276,780.00 0.00
A-3 0.00 280,841.67 0.00
B-1 0.00 246,511.67 0.00
B-2 0.00 89,792.50 0.00
B-3 0.00 63,333.33 0.00
B-4 0.00 171,633.33 0.00
B-5 0.00 80,125.00 0.00
B-6 0.00 80,125.00 0.00
B-7 0.00 33,652.50 0.00
C 78.67 89,662.08 163.16
Totals 78.67 5,400,222.65 163.16
</TABLE>
<TABLE>
<CAPTION>
Delinquency Loan Detail
Offering # of Current Outstanding
Loan Number Document Months Paid Through P & I P & I
Cross- Reference Delinq. Date Advances Advances**
<S> <C> <C> <C> <C> <C>
132000027 32 0 5/1/98 96,849.98 96,849.98
132000197 64 0 5/1/98 50,503.58 50,503.58
132000140 71 0 5/1/98 44,910.42 44,910.42
132000081 97 0 5/1/98 27,223.67 27,223.67
132000012 115 0 5/1/98 20,916.41 20,916.41
132000031 118 0 5/1/98 21,094.55 21,094.55
133000014 119 0 5/1/98 12,629.56 12,629.56
133000015 120 0 5/1/98 8,550.45 8,550.45
133000013 122 0 5/1/98 19,799.71 19,799.71
132000090 134 0 5/1/98 15,808.13 15,808.13
133000030 140 0 5/1/98 16,766.16 16,766.16
132000099 154 0 5/1/98 10,694.40 10,694.40
132000083 163 0 5/1/98 9,133.58 9,133.58
132000128 166 0 5/1/98 5,337.95 5,337.95
Totals 360,218.55 360,218.55
</TABLE>
<TABLE>
<CAPTION>
Status of Resolution Current
Loan Number Mortgage Strategy Servicing Foreclosure Servicing
Loan(1) Code (2) Transfer Date Date Advances
<S> <C> <C> <C> <C> <C>
132000027 B
132000197 B
132000140 B
132000081 B
132000012 B
132000031 B
133000014 B
133000015 B
133000013 B
132000090 B
133000030 B
132000099 B
132000083 B
132000128 B
</TABLE>
<TABLE>
<CAPTION>
Outstanding
Loan Number Servicing Bankruptcy REO
Advances Date Date
<S> <C> <C> <C>
132000027
132000197
132000140
132000081
132000012
132000031
133000014
133000015
133000013
132000090
133000030
132000099
132000083
132000128
<FN>
(1) Status of Mortgage Loan
A- Payment Not Received But Still in Grace Period
B- Late Payment But Less Than 1 Month Delinquent
0- Current
1- One Month Delinquent
2- Two Months Delinquent
3- Three Or More Months Delinquent
4- Assumed Scheduled Payment(Performing Matured Balloon)
7- Foreclosure
9- REO
(2) Resolution Strategy Code
1- Modification
2- Foreclosure
3- Bankruptcy
4- Extension
5- Note Sale
6- DPO
7- REO
8- Resolved
9- Pending Return to Master Server
10-Deed In Lieu Of Foreclosure
** Outstanding P & I Advances include the current period advance
</FN>
</TABLE>
Specially Serviced Loan Detail - Part 1
No Specially Serviced Loans this Period
Specially Serviced Loan Detail - Part 2
No Specially Serviced Loans this Period
Modified Loan Detail
No Modified Loans
Liquidated Loan Detail
No Liquidated Loans this Period
