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 : November 16, 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.
11000 Broken Land Parkway
Columbia, Maryland 21005
(Address of principal executive offices) (Zip Code)
(410) 884-2000
Registrant's Full Telephone Number
(Former name, former address and former fiscal year,
if changed since last report)
ITEM 5. Other Events
On November 16, 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
November 16, 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
November 23, 1998 by Norwest Bank Minnesota, N.A., as Trustee
/s/ Edward M. Frere, 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 November
16, 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: 11/16/98
Record Date: 10/30/98
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
Reconciliation Detail 16
Delinquency Loan Detail 17
Specially Serviced Loan 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 125,000,000.00 120,124,201.82 647,939.00
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 7.541064% 10,000,000.00 10,000,000.00 0.00
B-4 23322BAK4 7.541064% 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 838,800,140.00 833,924,341.82 647,939.00
</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 614,635.50 0.00 0.00 1,262,574.50
A-1B 23322BAD0 2,490,819.17 0.00 0.00 2,490,819.77
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 89,301.32 0.00 0.00 89,301.32
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 4,517,550.99 0.00 0.00 5,165,489.99
</TABLE>
<TABLE>
<CAPTION>
Current
Class CUSIP Ending Bal Subordination
Level(1)
<S> <C> <C> <C>
A-1A 23322BAC2 119,476,262.82 29.68%
A-1B 23322BAD0 466,300,000.00 29.68%
A-2 23322BAE8 50,400,000.00 23.64%
A-3 23322BAF5 50,300,000.00 17.60%
B-1 23322BAG3 41,900,000.00 12.58%
B-2 23322BAH1 14,700,000.00 10.82%
B-3 23322BAJ7 10,000,000.00 9.62%
B-4 23322BAK4 27,100,000.00 6.37%
B-5 23322BAL2 15,000,000.00 4.57%
B-6 23322BAM0 15,000,000.00 2.77%
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 833,276,402.82
</TABLE>
<TABLE>
<CAPTION>
Original Beginning
Pass-Through Notional Notional
Class CUSIP Rate Amount Amount
<S> <C> <C> <C> <C>
CP 23322BAA6 0.906436 482,300,000.00 482,300,000.00
S 23322BAB4 0.712819 838,800,140.00 833,924,341.82
</TABLE>
<TABLE>
<CAPTION>
Ending
Interest Prepayment Total Notional
Class CUSIP Distribution Penalties Distribution Amount
<S> <C> <C> <C> <C> <C>
CP 23322BAA6 364,311.67 0.00 364,311.67 482,300,000.00
S 23322BAB4 495,364.06 0.00 495,364.06 833,276,402.82
<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 Balance Distribution Dsitribution
<S> <C> <C> <C> <C>
A-1A 23322BAC2 960.99361456 5.18351200 4.91708400
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 5.31551047
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 Penalties Additional Trust Balance
Fund Expenses
<S> <C> <C> <C> <C>
A-1A 23322BAC2 0.00000000 0.00000000 955.81010256
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 Ending
Notional Interest Prepayment Notional
Class CUSIP Amount Distribution Penalties Amount
<S> <C> <C> <C> <C> <C>
CP 23322BAA6 1,000.00000000 0.75536320 0.00000000 1,000.00000000
S 23322BAB4 994.18717529 0.59056268 0.00000000 993.41471595
</TABLE>
<TABLE>
<CAPTION>
Other Required Information
<S> <C>
Available Distribution Amount 6,025,165.72
Aggregate Number of Outstanding Loans 168
Aggregate Unpaid Principal Balance of Loans 833,309,326.35
Aggregate Stated Principal Balance of Loans 833,276,402.82
Aggregate Amount of Service Fee 66,548.07
Aggregate Amount of Special Servicing Fee 155.82
Aggregate Amount of Trustee Fee 2,779.71
Aggregate Trust Fund Expenses 283.61
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 AAAr
S 23322BAB4 X AAA Aaa AAAr
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(1)
Class Cusip DCR Fitch Moody's S&P
<S> <C> <C> <C> <C> <C>
CP 23322BAA6 X AAA Aaa AAAr
S 23322BAB4 X AAA Aaa AAAr
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 30 36,026,288.90 4.32 124 8.1078 1.543904
1,500,000 to 2,499,999 36 71,816,003.09 8.62 120 7.8865 1.454412
2,500,000 to 3,499,999 27 81,286,298.18 9.76 144 7.9185 1.442935
3,500,000 to 4,499,999 20 79,683,755.61 9.56 118 7.8825 1.600415
4,500,000 to 5,499,999 12 59,595,520.20 7.15 125 7.8359 1.630168
5,500,000 to 6,499,999 7 41,028,363.55 4.92 105 7.6411 1.702997
6,500,000 to 7,499,999 11 78,839,685.30 9.46 120 7.4354 1.636069
7,500,000 to 9,999,999 14 121,127,725.25 14.54 111 7.6058 1.875044
10,000,000 to 14,999,999 5 61,667,951.76 7.40 156 7.6942 1.517096
15,000,000 to 28,499,999 4 69,232,088.13 8.31 115 7.5403 1.360906
28,500,000 and greater 2 132,972,722.85 15.96 111 7.1621 1.382980
Totals 168 833,276,402.82 100.00 122 7.6410 1.559736
</TABLE>
<TABLE>
<CAPTION>
State (3)
# of Scheduled % of Weighted
State Props. Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Arizona 2 5,769,001.77 0.69 169 7.5449 1.171597
Arkansas 1 2,328,666.41 0.28 105 8.4500 1.420000
California 19 85,497,337.93 10.26 110 7.7526 1.530737
Colorado 5 12,911,813.51 1.55 131 8.0944 1.457931
Connecticut 1 1,700,296.11 0.20 105 8.4500 1.530000
Delaware 2 12,706,510.01 1.52 110 7.1900 2.045625
Florida 10 48,771,050.20 5.85 113 7.5246 1.450369
Georgia 12 50,385,562.29 6.05 138 7.9392 1.513133
Illinois 10 62,160,705.31 7.46 121 7.7160 1.450668
Indiana 2 4,606,921.83 0.55 108 7.7777 1.519213
Iowa 1 1,737,259.02 0.21 105 8.4500 1.600000
Louisiana 1 2,809,184.83 0.34 105 8.4500 1.490000
Maryland 4 16,028,489.24 1.92 116 7.8531 1.629935
Massachusetts 3 13,985,425.06 1.68 134 8.0374 1.987668
Michigan 6 29,603,152.19 3.55 111 7.6498 1.819216
Minnesota 9 63,393,858.53 7.61 134 7.7279 1.599762
Mississippi 4 7,118,472.29 0.85 107 7.8986 1.359427
Missouri 6 29,654,993.67 3.56 145 8.0894 1.997016
Nevada 4 11,586,726.18 1.39 164 8.1128 1.410286
New Jersey 5 110,912,208.08 13.31 111 7.1680 1.154965
New York 12 48,178,569.75 5.78 116 7.6046 1.930778
North Carolina 8 35,436,898.18 4.25 104 7.2886 1.925204
Ohio 3 12,158,932.41 1.46 109 7.9069 1.474298
Oregon 4 21,029,631.67 2.52 141 7.2775 1.467524
Pennsylvania 1 6,822,454.58 0.82 169 7.8000 1.050000
South Carolina 2 8,931,290.70 1.07 102 7.4083 1.481479
Tennessee 3 5,122,509.66 0.61 142 7.6784 1.397861
Texas 20 55,335,507.93 6.64 130 7.8434 1.625377
Vermont 1 2,032,959.09 0.24 106 8.8300 1.530000
Virginia 2 20,970,852.59 2.52 107 7.5784 1.067425
Washington 3 8,443,181.48 1.01 203 7.9022 1.425014
Washington, DC 2 35,145,980.32 4.22 111 7.3968 2.066509
Totals 168 833,276,402.82 100.00 122 7.6410 1.559736
</TABLE>
<TABLE>
<CAPTION>
Current Mortgage Loan and Property Stratification Tables
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% 45 376,490,227.39 45.18 113 7.2259 1.603691
7.500% to 7.999% 66 284,203,386.00 34.11 134 7.7542 1.488543
8.000% to 8.499% 45 141,995,035.89 17.04 123 8.2625 1.558436
8.500% to 8.999% 10 24,945,496.04 2.99 107 8.7307 1.704995
9.000% to 9.499% 2 5,642,257.50 0.68 102 9.1862 1.603321
9.500% or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 168 833,276,402.82 100.00 122 7.6410 1.559736
</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 119 655,195,979.36 78.63 123 7.5009 1.577059
13 to 24 months 49 178,080,423.46 21.37 107 8.1566 1.496000
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 168 833,276,402.82 100.00 122 7.6410 1.559736
</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 3 4,182,303.53 0.50 108 8.0414 0.752764
1.0 to 1.09 10 40,673,417.88 4.88 135 7.6266 1.025650
1.1 to 1.19 8 117,192,667.52 14.06 112 7.1878 1.138697
1.2 to 1.29 19 71,932,467.18 8.63 155 7.7051 1.247520
1.3 to 1.39 12 60,097,675.88 7.21 117 7.6696 1.343509
1.4 to 1.49 27 120,827,703.29 14.50 121 7.7899 1.454136
1.5 to 1.59 31 135,176,092.93 16.22 113 7.6320 1.555907
1.6 to 1.69 16 50,259,179.29 6.03 107 8.2424 1.625244
1.7 to 1.79 12 45,639,110.95 5.48 143 7.7991 1.729406
1.8 to 1.89 3 11,740,648.70 1.41 117 7.5116 1.843053
1.9 and greater 27 175,555,135.67 21.07 118 7.6012 2.179534
Totals 168 833,276,402.82 100.00 122 7.6410 1.559736
</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 7,162,944.14 0.86 109 7.4400 1.430000
Industrial 23 58,163,513.09 6.98 114 8.2947 1.666450
Lodging 6 165,869,878.00 19.91 111 7.3418 1.449053
Mixed Use 5 19,092,618.46 2.29 111 7.6661 1.674264
Mobil Home Park 5 26,358,544.85 3.16 144 7.2709 2.005057
Multi-Family 45 160,018,562.69 19.20 105 7.4394 1.473590
Office 19 117,538,636.20 14.11 112 7.7452 1.669644
Other 7 10,703,444.87 1.28 109 8.8687 1.606554
Retail 56 265,933,120.36 31.91 144 7.7482 1.561783
Self Storage 1 2,435,140.16 0.29 108 7.9300 1.140000
Totals 168 833,276,402.82 100.00 122 7.6410 1.554903
</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 1 2,033,956.27 0.24 69 8.5000 1.530000
72 to 108 months 70 241,044,572.78 28.93 103 8.0016 1.507214
109 to 120 months 66 455,647,416.82 54.68 110 7.3888 1.592923
121 to 144 months 2 26,469,505.17 3.18 134 7.6124 1.275219
145 to 168 months 1 5,918,162.91 0.71 168 8.4201 1.998756
169 to 216 months 5 25,189,035.48 3.02 169 7.7763 1.705022
217 months or greater 15 65,469,691.33 7.86 228 7.8747 1.568893
Totals 161 821,772,340.76 98.62 120 7.6365 1.561838
</TABLE>
<TABLE>
<CAPTION>
Remaining Stated Term (Fully Amortizing Loans)
Remaining Stated # of Scheduled % of Weighted
Term 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 1 1,430,798.81 0.17 144 7.8400 1.680000
145 to 168 months 2 2,747,154.78 0.33 168 8.2444 1.616106
169 to 216 months 0 0.00 0.00 0 0.0000 0.000000
217 months or greater 4 7,326,108.47 0.88 229 7.8824 1.279370
Totals 7 11,504,062.06 1.38 203 7.9636 1.409610
</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 1 4,880,915.83 0.59 168 8.3500 2.160000
205 to 228 months 9 16,632,038.76 2.00 123 8.4791 1.617066
229 to 240 months 1 1,965,626.64 0.24 110 7.7400 1.470000
241 to 276 months 1 2,853,784.24 0.34 230 7.5500 1.020000
277 to 300 months 49 206,984,160.70 24.84 121 7.8340 1.683203
301 to 348 months 70 313,796,940.48 37.66 126 7.8070 1.539285
349 months or greater 30 274,658,874.51 32.96 111 7.2293 1.488456
Totals 161 821,772,340.76 98.62 120 7.6365 1.561838
</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 168 833,276,402.82 100.00 122 7.6410 1.559736
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 168 833,276,402.82 100.00 122 7.6410 1.559736
<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>
132000206 1 LO Atlantic City NJ 606,750.63 64,607.17 7.090%
132000068 2 IN Santa Fe Springs CA 31,267.61 4,816.11 8.450%
132000078 3 IN Mansfield MA 30,225.36 4,655.57 8.450%
132000074 4 IN San Jose CA 29,443.67 4,535.17 8.450%
132000069 5 IN Minneapolis MN 26,838.03 4,133.83 8.450%
132000076 6 IN Springfield MO 24,492.96 3,772.62 8.450%
132000070 7 IN Salinas CA 20,975.36 3,230.80 8.450%
132000075 8 IN Harahan LA 19,802.82 3,050.20 8.450%
132000066 9 IN Rogers AR 16,415.50 2,528.45 8.450%
132000071 10 IN Keokuk IA 12,246.48 1,886.31 8.450%
132000061 11 IN Portland CT 11,985.92 1,846.17 8.450%
132000067 12 IN Saltillo MS 10,526.76 1,621.43 8.450%
132000062 13 IN Columbus IN 10,422.54 1,605.37 8.450%
132000064 14 IN North Tonawanda NY 10,422.54 1,605.37 8.450%
132000063 15 IN St. Cloud MN 10,422.54 1,605.37 8.450%
132000073 16 IN Jackson MS 9,640.85 1,484.96 8.450%
132000065 17 IN Collierville TN 7,816.90 1,204.03 8.450%
132000072 18 IN Bloomington IL 5,471.83 842.82 8.450%
132000077 19 IN Danville IL 4,429.58 682.28 8.450%
132000177 20 LO Washington DC 213,958.33 34,540.75 7.375%
132000165 21 MF Winston-Salem NC 44,530.06 4,450.20 7.250%
132000162 22 MF Kernersville NC 42,669.47 4,264.26 7.250%
132000212 23 MF Winston-Salem NC 36,467.51 3,644.46 7.250%
132000163 24 MF Kernersville NC 36,343.47 3,632.06 7.250%
132000164 25 MF Winston-Salem NC 13,644.31 1,363.57 7.250%
133000021 26 RT Springfield IL 116,816.06 10,540.75 7.480%
132000190 27 OF Roseville MN 108,126.58 11,869.74 7.020%
132000060 28 MF Woodbridge VA 112,213.78 10,045.83 7.550%
132000057 29 OF Minneapolis MN 112,625.83 7,536.72 8.180%
132000151 30 MF Gainesville FL 44,591.28 8,321.51 6.980%
132000150 31 MF Gainesville FL 43,402.18 8,099.60 6.980%
132000027 32 RT Richfield MN 87,099.35 9,750.63 7.920%
132000028 33 RT Richfield MN 9,386.93 5,975.54 7.840%
132000018 34 RT Kirkland WA 23,158.48 1,796.57 7.850%
132000019 35 RT San Francisco CA 22,889.98 1,775.74 7.850%
132000023 36 RT Las Vegas NV 18,459.66 1,432.09 7.850%
132000022 37 RT Las Vegas NV 18,459.66 1,432.05 7.850%
132000021 38 RT Paradise CA 12,284.06 952.97 7.850%
132000201 39 MH Oregon City OR 78,950.74 8,780.56 6.990%
133000019 40 OF Chicago IL 88,454.33 6,482.33 7.950%
132000168 41 MU Greenville DE 46,740.57 4,795.90 7.190%
132000183 42 RT Greenville DE 31,980.39 3,281.40 7.190%
132000008 43 RT Decatur GA 76,911.99 12,590.76 8.200%
132000091 44 RT Rancho Santa Margara CA 71,995.10 6,629.62 7.450%
132000113 45 OT Chamblee GA 25,152.80 4,661.24 8.850%
132000113 46 OT Yorktown NY 15,768.67 2,876.65 8.850%
132000113 47 OT Scarsdale NY 12,388.93 2,287.33 8.850%
132000113 48 OT Yorktown NY 12,388.93 2,287.33 8.850%
132000113 49 OT Yorktown NY 7,281.82 1,394.71 8.850%
132000113 50 OT Scarsdale NY 4,879.54 935.58 8.850%
132000152 51 OF New York NY 59,830.97 12,449.72 7.250%
132000097 52 RT Bronx NY 63,106.55 5,995.04 7.380%
132000155 53 LO Houston TX 66,363.96 9,365.98 7.780%
132000059 54 LO Sunset Hills MO 71,687.88 7,677.75 8.630%
132000112 55 RT Lancaster CA 61,174.55 5,171.55 7.640%
240749 56 OF Southfield MI 58,498.76 6,601.38 7.850%
132000191 57 RT Bronx NY 53,317.47 5,603.37 7.120%
190004 58 RT St. Louis MO 56,791.60 4,260.05 7.900%
132000137 59 MF Schaumburg IL 47,450.77 6,689.91 7.170%
132000034 60 RT Lewisville TX 51,517.18 4,458.38 7.610%
133000022 61 OF Champaign IL 52,726.93 4,142.84 7.800%
132000084 62 RT Palm Beach Gardens FL 52,210.85 4,206.63 7.783%
133000010 63 RT Lansing MI 46,937.72 4,753.12 7.220%
132000197 64 RT North Miami FL 45,700.69 4,802.89 7.120%
132000138 65 IN Auburn MA 50,745.38 6,793.48 7.930%
132000107 66 LO Baltimore MD 51,153.73 6,732.49 8.000%
132000118 67 HC Columbia SC 45,937.73 7,356.50 7.440%
132000106 68 RT Sandy Springs GA 47,228.89 3,783.65 7.780%
132000117 69 RT Santa Monica CA 43,385.44 5,954.24 7.260%
132000102 70 RT Philadelphia PA 45,867.66 6,476.73 7.800%
132000140 71 OF Marietta GA 41,085.35 3,825.07 7.410%
132000195 72 LO Cleveland OH 39,544.47 5,657.15 7.720%
132000080 73 MU Melbourne FL 41,426.38 2,732.55 8.210%
132000114 74 OF San Jose CA 39,520.61 2,608.61 8.170%
133000002 75 MF El Cajon CA 34,593.34 4,391.06 7.510%
132000136 76 RT Fremont CA 33,284.58 3,003.39 7.480%
132000040 77 RT Atlanta GA 40,653.89 1,616.43 9.180%
132000014 78 MF Bloomington MN 33,681.73 2,821.06 7.720%
132000145 79 RT Hyde Park NY 33,140.48 4,947.05 7.620%
133000018 80 OF Chicago IL 34,672.34 2,444.84 8.070%
240750 81 OF Farmington Hills MI 32,499.31 3,667.44 7.850%
132000134 82 RT Woodstock GA 31,501.92 3,287.78 7.450%
133000004 83 MF Poway CA 30,960.10 3,929.88 7.510%
133000020 84 RT Chicago IL 35,164.51 9,648.32 8.350%
132000119 85 RT Sugar Land TX 32,660.22 2,393.31 7.950%
132000116 86 IN Eatontown NJ 30,104.24 2,533.42 7.650%
132000032 87 OF California MD 28,004.68 3,365.57 7.700%
133000029 88 MF Winston-Salem NC 27,242.12 2,530.21 7.400%
132000026 89 MH Ojai CA 27,527.09 3,278.64 7.750%
133000016 90 RT Highlands Ranch CO 30,190.79 2,791.92 8.320%
DLJ002 91 MF Wayne MI 26,301.34 2,578.32 7.330%
132000006 92 RT Las Vegas NV 28,203.87 2,800.06 8.320%
132000129 93 RT Aventura FL 25,347.65 7,651.34 7.650%
132000085 94 MH St. Peters MO 23,638.51 3,071.40 7.460%
132000144 95 RT Newburgh NY 25,769.98 1,901.44 7.920%
132000011 96 RT The Colony TX 24,408.46 2,867.74 7.770%
132000081 97 MF South Orange NJ 25,165.31 2,058.36 7.750%
132000052 98 RT Miami FL 25,326.15 2,742.56 8.070%
133000001 99 MF Modesto CA 23,538.35 2,988.44 7.510%
132000004 100 OF Falls Church VA 24,717.43 2,044.45 7.710%
132000086 101 MH St. Charles MO 23,052.94 2,995.32 7.460%
132000054 102 MF Atlanta GA 23,551.93 2,119.53 7.560%
132000094 103 MF Baldwin Park CA 22,966.02 1,915.20 7.670%
132000025 104 RT Seattle WA 22,017.34 1,708.04 7.850%
132000016 105 MF Columbia Heights MN 20,722.54 1,897.05 7.500%
132000020 106 RT Gresham OR 21,480.33 1,666.39 7.850%
132000109 107 RT Westlake OH 21,410.35 2,970.64 7.850%
133000003 108 MF Terre Haute IN 20,108.28 1,830.76 7.460%
132000017 109 RT McKinney TX 21,188.49 1,640.26 7.870%
132000082 110 RT Henderson TX 21,508.19 1,530.97 8.050%
133000008 111 RT Delphos OH 21,198.52 2,113.94 8.330%
132000123 112 OF Castro Valley CA 20,188.95 1,531.91 7.860%
133000009 113 RT Garden City MI 19,412.10 3,484.63 7.870%
132000115 114 MF Sierra Vista AZ 18,946.88 2,930.17 7.540%
132000012 115 MF Waco TX 19,381.13 1,535.28 7.820%
132000133 116 RT Tucson AZ 18,582.13 4,393.61 7.550%
132000130 117 MF Meridian MS 17,911.36 1,724.35 7.350%
132000031 118 OF San Rafael CA 19,180.57 1,913.98 8.280%
133000014 119 IN Dallas TX 11,233.32 1,396.24 8.190%
133000015 120 IN Dallas TX 7,605.16 945.29 8.190%
132000010 121 MF Memphis TN 15,873.86 2,110.28 7.390%
133000013 122 MF Fort Lauderdale FL 16,887.95 2,911.76 8.070%
132000087 123 RT Odessa TX 17,080.59 1,288.79 7.910%
132000176 124 RT Eugene OR 16,072.55 2,467.32 7.540%
132000108 125 MF Village of Honeoye lls NY 14,669.66 3,207.69 7.130%
132000029 126 OF Boulder CO 16,740.47 4,467.11 8.190%
132000033 127 SS Lafayette CO 16,644.11 2,267.00 7.930%
132000124 128 RT Gaithersburg MD 14,986.36 2,748.44 7.740%
133000017 129 MF Austin TX 14,761.21 1,365.36 7.440%
132000125 130 MU Canton MA 14,911.33 2,250.37 7.610%
132000024 131 RT Portland OR 15,371.86 1,192.51 7.850%
132000132 132 MF Atlanta GA 13,096.75 1,285.97 7.290%
132000095 133 MF Chicago IL 13,007.24 1,661.89 7.490%
132000090 134 RT Las Vegas NV 14,927.74 880.39 8.400%
132000202 135 RT Manchester VT 14,968.58 1,276.06 8.830%
132000050 136 MF Irving TX 14,893.79 868.94 8.500%
132000098 137 MF Chicago IL 12,777.12 1,166.11 7.470%
132000142 138 MF Norcross GA 13,122.79 3,283.84 7.740%
132000127 139 RT El Paso TX 12,898.89 3,347.76 7.610%
133000030 140 IN South Brunswick NJ 13,575.90 3,190.26 8.030%
132000135 141 RT Littleton CO 12,550.08 1,946.90 7.510%
132000100 142 MU Rockville MD 12,912.00 1,842.52 7.770%
132000161 143 MF Atlanta GA 11,553.72 1,227.70 7.110%
132000105 144 RT Colorado Springs CO 13,404.77 1,613.89 8.280%
133000025 145 MF Durham NC 11,777.86 1,153.75 7.280%
133000024 146 MF Taylors SC 11,092.38 1,086.60 7.280%
132000002 147 OF Spokane WA 11,912.78 1,258.89 8.100%
133000012 148 MF Coconut Creek FL 11,459.11 2,008.47 7.900%
132000104 149 MF Waco TX 10,683.97 1,028.56 7.350%
132000030 150 OF Hurst TX 10,434.93 754.98 8.000%
132000096 151 MU Washington DC 10,128.36 763.30 7.890%
132000110 152 OF Houston TX 9,842.58 820.80 7.670%
132000111 153 MH Petaluma CA 9,203.08 1,203.09 7.420%
132000099 154 RT Kinston NC 9,873.98 820.42 7.700%
132000009 155 MF Griffin GA 10,188.10 2,451.54 8.010%
132000013 156 MF Denton TX 10,079.78 4,307.01 8.060%
133000027 157 RT Cleveland TN 9,125.54 2,766.14 7.600%
132000003 158 MF Greenville MS 9,703.58 742.42 7.880%
132000015 159 MF New Brighton MN 8,807.88 806.32 7.500%
133000028 160 RT S Orange Village Tnship NJ 9,176.97 4,077.48 8.450%
132000160 161 MF Clarkston GA 8,130.00 791.26 7.310%
132000007 162 RT Oxnard CA 8,945.81 1,408.50 8.370%
132000083 163 MF Huntsville TX 8,613.12 520.46 8.390%
132000079 164 MF Jacksonville FL 7,076.90 808.38 7.880%
DLJ001 165 OF Ann Arbor MI 7,821.48 811.03 8.750%
132000128 166 RT Independence MO 4,693.88 644.07 7.860%
133000026 167 MF Portland TX 4,054.64 376.59 7.400%
132000051 168 OT Dallas TX 3,868.71 820.53 9.250%
Totals 5,447,159.85 647,939.00
</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>
132000206 2/1/2008 2/01/2028 N 99,381,330.66 99,316,723.49 11/01/1998
132000068 N/A 8/31/2007 N 4,440,371.06 4,435,554.95 11/01/1998
132000078 N/A 8/31/2007 N 4,292,358.68 4,287,703.11 11/01/1998
132000074 N/A 8/31/2007 N 4,181,349.36 4,176,814.19 11/01/1998
132000069 N/A 8/31/2007 N 3,811,318.50 3,807,184.67 11/01/1998
132000076 N/A 8/31/2007 N 3,478,290.67 3,474,518.05 11/01/1998
132000070 N/A 8/31/2007 N 2,978,748.94 2,975,518.14 11/01/1998
132000075 N/A 8/31/2007 N 2,812,235.03 2,809,184.83 11/01/1998
132000066 N/A 8/31/2007 N 2,331,194.86 2,328,666.41 11/01/1998
132000071 N/A 8/31/2007 N 1,739,145.33 1,737,259.02 11/01/1998
132000061 N/A 8/31/2007 N 1,702,142.28 1,700,296.11 11/01/1998
132000067 N/A 8/31/2007 N 1,494,924.88 1,493,303.45 11/01/1998
132000062 N/A 8/31/2007 N 1,480,123.63 1,478,518.26 11/01/1998
132000064 N/A 8/31/2007 N 1,480,123.63 1,478,518.26 11/01/1998
132000063 N/A 8/31/2007 N 1,480,123.63 1,478,518.26 11/01/1998
132000073 N/A 8/31/2007 N 1,369,114.47 1,367,629.51 11/01/1998
132000065 N/A 8/31/2007 N 1,110,092.76 1,108,888.73 11/01/1998
132000072 N/A 8/31/2007 N 777,064.96 776,222.14 11/01/1998
132000077 N/A 8/31/2007 N 629,052.56 628,370.28 11/01/1998
132000177 2/1/2008 2/01/2023 N 33,690,540.11 33,655,999.36 11/01/1998
132000165 N/A 1/01/2008 N 7,132,734.36 7,128,284.16 11/01/1998
132000162 N/A 1/01/2008 N 6,834,709.25 6,830,444.99 11/01/1998
132000212 N/A 1/01/2008 N 5,841,292.19 5,837,647.73 11/01/1998
132000163 N/A 1/01/2008 N 5,821,423.91 5,817,791.85 11/01/1998
132000164 N/A 1/01/2008 N 2,185,517.49 2,184,153.92 11/01/1998
133000021 N/A 1/01/2010 N 18,136,010.43 18,125,469.68 11/01/1998
132000190 N/A 2/01/2008 N 17,886,945.32 17,875,075.58 11/01/1998
132000060 N/A 10/01/2007 N 17,259,970.71 17,249,924.88 11/01/1998
132000057 N/A 10/01/2007 N 15,989,154.71 15,981,617.99 11/01/1998
132000151 N/A 1/01/2008 N 7,418,829.07 7,410,507.56 11/01/1998
132000150 N/A 1/01/2008 N 7,220,993.64 7,212,894.04 11/01/1998
132000027 N/A 11/01/2017 N 13,196,871.75 13,187,121.12 10/01/1998
132000028 N/A 11/01/2010 N 1,436,774.35 1,430,798.81 10/01/1998
132000018 N/A 11/01/2017 N 3,425,951.95 3,424,155.38 11/01/1998
132000019 N/A 11/01/2017 N 3,386,230.70 3,384,454.96 11/01/1998
132000023 N/A 11/1/2017 N 2,730,830.77 2,729,398.68 11/01/1998
132000022 N/A 11/1/2017 N 2,730,831.22 2,729,399.17 11/01/1998
132000021 N/A 11/1/2017 N 1,817,244.03 1,816,291.06 11/01/1998
132000201 N/A 2/1/2008 N 13,116,556.51 13,107,775.95 11/01/1998
133000019 N/A 12/1/2007 N 12,920,900.37 12,914,418.04 11/01/1998
132000168 N/A 1/1/2008 N 7,549,286.19 7,544,490.29 11/01/1998
132000183 N/A 1/1/2008 N 5,165,301.12 5,162,019.72 11/01/1998
132000008 N/A 10/1/2017 N 11,255,413.11 11,242,822.35 11/01/1998
132000091 N/A 12/1/2007 N 11,222,443.92 11,215,814.30 11/01/1998
132000113 12/1/2007 12/1/2017 N 3,300,532.06 3,295,870.82 11/01/1998
132000113 12/1/2007 12/1/2017 N 2,069,152.92 2,066,276.27 11/01/1998
132000113 12/1/2007 12/1/2017 N 1,625,665.70 1,623,378.37 11/01/1998
132000113 12/1/2007 12/1/2017 N 1,625,665.70 1,623,378.37 11/01/1998
132000113 12/1/2007 12/1/2017 N 955,514.77 954,120.06 11/01/1998
132000113 12/1/2007 12/1/2017 N 640,289.89 639,354.31 11/01/1998
132000152 N/A 2/1/2008 N 9,903,056.38 9,890,606.66 11/01/1998
132000097 N/A 12/1/2007 N 9,930,219.82 9,924,224.78 11/01/1998
132000155 01/01/2008 1/1/2023 N 9,905,889.31 9,896,523.33 11/01/1998
132000059 N/A 10/1/2007 N 9,646,633.15 9,638,955.40 11/01/1998
132000112 N/A 12/1/2007 N 9,298,613.96 9,293,442.41 11/01/1998
240749 N/A 1/1/2008 N 8,942,485.12 8,935,883.74 11/01/1998
132000191 N/A 2/1/2008 N 8,696,216.65 8,690,613.28 11/01/1998
190004 N/A 12/1/2009 N 8,348,295.54 8,344,035.49 11/01/1998
132000137 N/A 1/1/2008 N 7,941,550.80 7,934,860.89 11/01/1998
132000034 N/A 11/1/2007 N 7,861,551.33 7,857,092.95 11/01/1998
133000022 N/A 12/1/2007 N 7,850,163.80 7,846,020.96 11/01/1998
132000084 N/A 10/1/2007 N 7,790,306.13 7,786,099.50 11/01/1998
133000010 N/A 1/1/2008 N 7,549,628.69 7,544,875.57 11/01/1998
132000197 N/A 2/1/2008 N 7,453,899.96 7,449,097.07 11/01/1998
132000138 N/A 1/1/2013 N 7,431,288.08 7,424,494.60 11/01/1998
132000107 12/1/2007 12/1/2022 N 7,425,542.04 7,418,809.55 11/01/1998
132000118 N/A 12/1/2007 N 7,170,300.64 7,162,944.14 11/01/1998
132000106 N/A 11/1/2007 N 7,049,673.11 7,045,889.46 11/01/1998
132000117 12/1/2007 11/1/2024 N 6,939,819.39 6,933,865.15 11/01/1998
132000102 N/A 12/1/2012 N 6,828,931.31 6,822,454.58 11/01/1998
132000140 N/A 1/1/2008 N 6,438,869.74 6,435,044.67 11/01/1998
132000195 2/1/2008 2/1/2023 N 5,948,524.02 5,942,866.87 11/01/1998
132000080 N/A 10/1/2007 N 5,859,689.91 5,856,957.36 11/01/1998
132000114 N/A 12/1/2007 N 5,617,491.00 5,614,882.39 11/01/1998
133000002 N/A 12/1/2004 N 5,527,563.74 5,523,172.68 11/01/1998
132000136 N/A 1/1/2008 N 5,167,520.77 5,164,517.38 11/01/1998
132000040 N/A 5/1/2007 N 5,142,807.26 5,141,190.83 11/01/1998
132000014 N/A 9/1/2007 N 5,066,614.47 5,063,793.41 11/01/1998
132000145 N/A 1/1/2013 N 5,050,619.83 5,045,672.78 11/01/1998
133000018 N/A 10/1/2007 N 4,989,424.33 4,986,979.49 11/01/1998
240750 N/A 1/1/2008 N 4,968,047.23 4,964,379.79 11/01/1998
132000134 N/A 1/1/2008 N 4,910,452.61 4,907,164.83 11/01/1998
133000004 N/A 12/1/2004 N 4,947,020.75 4,943,090.87 11/01/1998
133000020 N/A 11/1/2012 N 4,890,564.15 4,880,915.83 11/01/1998
132000119 N/A 12/1/2017 N 4,770,817.70 4,768,424.39 11/01/1998
132000116 N/A 12/1/2007 N 4,569,904.30 4,567,370.88 11/01/1998
132000032 N/A 11/1/2007 N 4,364,365.26 4,360,999.69 11/01/1998
133000029 N/A 2/1/2005 N 4,275,136.52 4,272,606.31 11/01/1998
132000026 N/A 10/1/2007 N 4,262,259.35 4,258,980.71 11/01/1998
133000016 N/A 10/1/2007 N 4,213,974.83 4,211,182.91 11/01/1998
DLJ002 N/A 11/1/2007 N 4,166,915.18 4,164,336.86 11/01/1998
132000006 N/A 10/1/2007 N 4,067,865.80 4,065,065.74 11/01/1998
132000129 N/A 12/1/2012 N 3,976,102.36 3,968,451.02 11/01/1998
132000085 N/A 11/1/2017 N 3,802,441.60 3,799,370.20 11/01/1998
132000144 N/A 1/1/2008 N 3,778,588.84 3,776,687.40 11/01/1998
132000011 N/A 11/1/2007 N 3,769,646.80 3,766,779.06 11/01/1998
132000081 N/A 10/1/2007 N 3,770,868.59 3,768,810.23 11/01/1998
132000052 N/A 9/1/2007 N 3,765,970.14 3,763,227.58 11/01/1998
133000001 N/A 11/1/2004 N 3,761,120.79 3,758,132.35 11/01/1998
132000004 N/A 11/1/2007 N 3,722,972.16 3,720,927.71 11/01/1998
132000086 N/A 11/1/2017 N 3,708,248.09 3,705,252.77 11/01/1998
132000054 N/A 9/1/2007 N 3,617,807.68 3,615,688.15 11/01/1998
132000094 N/A 12/1/2007 N 3,477,211.49 3,475,296.29 11/01/1998
132000025 N/A 11/1/2017 N 3,257,136.92 3,255,428.88 11/01/1998
132000016 N/A 10/1/2007 N 3,208,651.29 3,206,754.24 11/01/1998
132000020 N/A 11/1/2017 N 3,177,694.47 3,176,028.08 11/01/1998
132000109 N/A 12/1/2007 N 3,167,341.01 3,164,370.37 11/01/1998
133000003 N/A 1/1/2008 N 3,130,234.33 3,128,403.57 11/01/1998
132000017 N/A 10/1/2017 N 3,126,555.19 3,124,914.93 11/01/1998
132000082 N/A 10/1/2007 N 3,102,764.00 3,101,233.03 11/01/1998
133000008 N/A 9/1/2007 N 3,053,809.11 3,051,695.17 11/01/1998
132000123 N/A 1/1/2008 N 2,982,853.74 2,981,321.83 11/01/1998
133000009 N/A 10/1/2007 N 2,959,913.78 2,956,429.15 11/01/1998
132000115 N/A 12/1/2007 N 2,918,147.70 2,915,217.53 11/01/1998
132000012 N/A 10/1/2007 N 2,878,147.46 2,876,612.18 11/01/1998
132000133 N/A 1/1/2018 N 2,858,177.85 2,853,784.24 11/01/1998
132000130 N/A 12/1/2007 N 2,829,971.46 2,828,247.11 11/01/1998
132000031 N/A 11/1/2007 N 2,779,792.38 2,777,878.40 11/01/1998
133000014 N/A 11/1/2007 N 1,592,813.50 1,591,417.26 08/01/1998
133000015 N/A 11/1/2007 N 1,078,364.40 1,077,419.11 08/01/1998
132000010 N/A 10/1/2007 N 2,577,622.21 2,575,511.93 11/01/1998
133000013 N/A 8/1/2007 N 2,511,219.77 2,508,308.01 11/01/1998
132000087 N/A 11/1/2007 N 2,507,652.00 2,506,363.21 11/01/1998
132000176 N/A 1/1/2008 N 2,475,449.84 2,472,982.52 11/01/1998
132000108 N/A 12/1/2007 N 2,468,946.90 2,465,739.21 11/01/1998
132000029 N/A 11/1/2017 N 2,452,815.88 2,448,348.77 11/01/1998
132000033 N/A 11/1/2007 N 2,437,407.16 2,435,140.16 11/01/1998
132000124 N/A 12/1/2007 N 2,323,465.94 2,320,717.50 11/01/1998
133000017 N/A 12/1/2007 N 2,304,039.14 2,302,673.78 11/01/1998
132000125 N/A 12/1/2004 N 2,275,477.72 2,273,227.35 11/01/1998
132000024 N/A 11/1/2017 N 2,274,037.63 2,272,845.12 11/01/1998
132000132 N/A 1/1/2008 N 2,086,300.70 2,085,014.73 11/01/1998
132000095 N/A 12/1/2007 N 2,083,937.69 2,082,275.80 11/01/1998
132000090 N/A 12/1/2007 N 2,063,742.98 2,062,862.59 11/01/1998
132000202 N/A 9/1/2007 N 2,034,235.15 2,032,959.09 11/01/1998
132000050 N/A 8/1/2004 N 2,034,825.21 2,033,956.27 11/01/1998
132000098 N/A 12/1/2007 N 1,986,338.31 1,985,172.20 11/01/1998
132000142 N/A 1/1/2008 N 1,968,910.08 1,965,626.24 11/01/1998
132000127 N/A 1/1/2018 N 1,968,378.54 1,965,030.78 11/01/1998
133000030 N/A 11/1/2007 N 1,963,333.13 1,960,142.87 11/01/1998
132000135 N/A 1/1/2008 N 1,940,650.75 1,938,703.85 11/01/1998
132000100 N/A 12/1/2012 N 1,929,805.02 1,927,962.50 11/01/1998
132000161 N/A 1/1/2008 N 1,887,091.30 1,885,863.60 11/01/1998
132000105 N/A 11/1/2007 N 1,880,051.71 1,878,437.82 11/01/1998
133000025 N/A 2/1/2005 N 1,878,780.18 1,877,626.43 11/01/1998
133000024 N/A 2/1/2005 N 1,769,433.16 1,768,346.56 11/01/1998
132000002 N/A 11/1/2007 N 1,764,856.11 1,763,597.22 11/01/1998
133000012 N/A 12/1/2007 N 1,740,623.75 1,738,615.28 11/01/1998
132000104 N/A 12/1/2007 N 1,688,053.13 1,687,024.57 11/01/1998
132000030 N/A 11/1/2007 N 1,514,748.47 1,513,993.49 11/01/1998
132000096 N/A 12/1/2007 N 1,490,744.26 1,489,980.96 11/01/1998
132000110 N/A 12/1/2007 N 1,490,233.50 1,489,412.70 11/01/1998
132000111 N/A 12/1/2007 N 1,488,368.31 1,487,165.22 11/01/1998
132000099 N/A 11/1/2007 N 1,489,163.21 1,488,342.79 11/01/1998
132000009 N/A 9/1/2017 N 1,477,071.46 1,474,619.92 11/01/1998
132000013 N/A 11/1/2012 N 1,452,301.18 1,447,994.17 11/01/1998
133000027 N/A 1/1/2018 N 1,440,875.14 1,438,109.00 11/01/1998
132000003 N/A 11/1/2007 N 1,430,034.64 1,429,292.22 11/01/1998
132000015 N/A 10/1/2007 N 1,363,800.77 1,362,994.45 11/01/1998
133000028 N/A 10/1/2012 N 1,303,238.09 1,299,160.61 11/01/1998
132000160 N/A 1/1/2008 N 1,291,557.95 1,290,766.69 11/01/1998
132000007 N/A 9/1/2007 N 1,282,553.15 1,281,144.65 11/01/1998
132000083 N/A 10/1/2007 N 1,192,173.70 1,191,653.24 11/01/1998
132000079 N/A 10/1/2007 N 1,077,701.16 1,076,892.78 11/01/1998
DLJ001 N/A 9/1/2012 N 1,038,058.11 1,037,247.08 11/01/1998
132000128 N/A 1/1/2008 N 693,505.83 692,861.76 11/01/1998
133000026 N/A 2/1/2005 N 636,299.40 635,922.81 11/01/1998
132000051 N/A 9/1/2007 N 501,887.20 501,066.67 11/01/1998
Totals 833,924,341.82 833,276,402.82
</TABLE>
(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
Principal Payment Detail
No Principal Prepayments this Period
<TABLE>
<CAPTION>
Historical Detail
Delinquencies
Distribution 30-59 Days 60-89 Days 90 Days or More Foreclosure REO Modifications
Date # Balance # Balance # Balance # Balance # Balance # Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
11/16/1998 0 $0.00 2 $2,668,836.37 0 $0.00 0 $0.00 0 $0.00 0 $0.00
10/15/1998 2 $2,671,177.90 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
09/15/1998 3 $15,880,665.67 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
08/17/1998 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
07/15/1998 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
06/15/1998 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
05/15/1998 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
04/15/1998 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
</TABLE>
<TABLE>
<CAPTION>
Prepayments
Distribution Curtailments Payoff
Date # Amount # Amount
<S> <C> <C> <C> <C>
11/16/1998 0 $0.00 0 $0.00
10/15/1998 1 $58,101.04 0 $0.00
09/15/1998 0 $0.00 0 $0.00
08/17/1998 0 $0.00 0 $0.00
07/15/1998 0 $0.00 0 $0.00
06/15/1998 0 $0.00 0 $0.00
05/15/1998 0 $0.00 0 $0.00
04/15/1998 0 $0.00 0 $0.00
</TABLE>
<TABLE>
<CAPTION>
Rate and Maturities
Distribution Next Weighted Avg. WAM
Date Coupon Remit
<S> <C> <C> <C>
11/16/1998 7.641026% 7.541014% 122
10/15/1998 7.641056% 7.538263% 123
09/15/1998 7.641064% 7.538272% 124
08/17/1998 7.641094% 7.538302% 125
07/15/1998 7.641123% 7.538331% 126
06/15/1998 7.641143% 7.541143% 127
05/15/1998 7.641172% 7.541172% 128
04/15/1998 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 175,752.48
Servicing Advances Outstanding 0.00
Reimbursement for Interest on Advances
paid from general collections 283.61
</TABLE>
<TABLE>
<CAPTION>
Servicing Fee Breakdowns
<S> <C>
Current Period Accrued Servicing Fees 66,713.89
Less Delinquent Servicing Fees 1,384.39
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 1,218.57
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 66,548.07
</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 495,364.06 0.00 495,364.06 0.00
A-1A 614,635.50 0.00 614,635.50 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
Total 5,377,666.15 0.00 5,377,226.72 0.00
</TABLE>
<TABLE>
<CAPTION>
Class Additional Remaining Unpaid
Trust Fund Interest Distributable
Expenses Distribution Certificate Interest
<S> <C> <C> <C>
CP 0.00 364,311.67 0.00
S 0.00 495,364.06 0.00
A-1 0.00 614,635.50 0.00
A-1 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 439.43 89,301.32 961.09
Total 439.43 5,377,226.72 961.09
</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 10/01/1998 96,849.98 96,849.98
132000028 33 0 10/01/1998 15,362.47 15,362.47
133000014 119 2 08/01/1998 12,629.56 37,888.68
133000015 120 2 08/01/1998 8,550.45 25,651.35
Totals 4 133,392.46 175,752.48
</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>
13200027 B
13200028 B
13300014 2
13300015 2
Totals
</TABLE>
<TABLE>
<CAPTION>
Outstanding
Loan Number Servicing Bankruptcy REO
Advances Date Date
<S> <C> <C> <C>
<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>
<TABLE>
Specially Serviced Loan Detail - Part 1
Offering Servicing Resolution
Distribution Loan Document Transfer Strategy
Date Number Cross-Reference Date Code (1)
<S> <C> <C> <C> <C>
11/16/1998 133000014 119 11/01/1998
11/16/1998 133000015 120 10/30/1998
Property
Distribution Scheduled State Interest
Date Balance Type(2) Rate
<S> <C> <C> <C> <C>
11/16/1998 1,591,417.26 IN TX 8.190%
11/16/1998 1,077,419.11 IN TX 8.190%
</TABLE>
<TABLE>
<CAPTION>
Net
Distribution Actual Operating NOI DSCR Note
Date Balance Income Date Date
<S> <C> <C> <C> <C> <C>
11/16/1998 1,595,934.43 58,140.18 0.77
11/16/1998 1,080,477.32 1.53
Remaining
Distribution Maturity Amortization
Date Date Term
<C> <C> <C>
11/16/1998 11/01/2007 287
11/16/1998 11/01/2007 287
<FN>
(1) 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
(2) 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
</FN>
</TABLE>
<TABLE>
<CAPTION>
Specially Serviced Loan Detail - Part 2
Offering Resolution Site
Distribution Loan Document Strategy Inspection Phase 1 Date Apprasal Appraisal
Date Number Cross-Reference Code (1) Date Date Value
<S> <C> <C> <C> <C> <C> <C>
11/16/1998 133000014 119 08/20/1997 2,200,000
11/16/1998 133000015 120 08/20/1997 1,500,000
</TABLE>
<TABLE>
<CAPTION>
Distribution Other REO Comment
Date Propery Revenue
<S> <C> <C>
11/16/1998 Loan is delinquent due to insufficient
cash flow from operations.
11/16/1998 Loan is delinquent due to insufficient
cash flow from operations.
<FN>
(1) 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
</FN>
</TABLE>
Modified Loan Detail
No Modified Loans
Liquidated Loan Detail
No Liquidated Loans this Period
