UNITED STATES
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): August 25, 1998
NORWEST ASSET SECURITIES CORPORATION
Mortgage Pass-Through Certificates, Series 1998-7 Trust
New York (governing law of 333-45021-02 52-2094627
Pooling and Servicing Agreement) (Commission IRS EIN
(State or other File Number)
jurisdiction
c/o Norwest Bank Minnesota, N.A.
7485 New Horizon Way 21703
Frederick, Maryland (Zip Code)
(Address of principal executive offices)
Registrant's telephone number, including area code: (301) 696-7900
Former name or former address, if changed since last report)
ITEM 5. Other Events
On August 25, 1998 a distribution was made to holders of NORWEST ASSET
SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 1998-7
Trust.
ITEM 7. Financial Statements and Exhibits
(c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 1998-7 Trust,
relating to the August 25, 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.
NORWEST ASSET SECURITIES CORPORATION
Mortgage Pass-Through Certificates, Series 1998-7 Trust
By: Norwest Bank Minnesota, N.A., as Master Servicer
By: /s/ Sherri J. Sharps, Vice President
By: Sherri J. Sharps, Vice President
Date: 8/26/98
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through
Certificates, Series 1998-7 Trust, relating to the August 25,
1998 distribution.
<TABLE>
<CAPTION>
Norwest Asset Securities Corporation
Mortgage Pass-Through Certificates
Record Date: 7/31/98
Distribution Date: 8/25/98
NASCOR Series: 1998-7
Contact: Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
Telephone: (301) 846-8130
Fax: (301) 846-8152
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest Principal
Class CUSIP Description Rate Balance Distribution Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 66937NF86 SEQ 6.75000% 48,243,142.82 271,367.68 795,588.98
A-2 66937NF94 SEQ 6.75000% 122,831,558.53 690,927.52 3,019,834.59
A-3 66937NG28 SEQ 6.75000% 7,000,000.00 39,375.00 0.00
A-4 66937NG36 SEQ 6.50000% 7,287,000.00 39,471.25 0.00
A-5 66937NG44 SEQ 7.00000% 7,287,000.00 42,507.50 0.00
A-6 66937NG51 SEQ 6.75000% 19,700,000.00 110,812.50 0.00
A-7 66937NG69 SEQ 6.55000% 10,562,222.00 57,652.13 0.00
A-8 66937NG77 SEQ 7.00000% 8,449,778.00 49,290.37 0.00
A-R 66937NG85 R 6.75000% 0.00 444.27 0.00
APO NMB9807PO PO 0.00000% 102,661.05 0.00 900.48
B-1 66937NG93 SUB 6.75000% 3,989,789.60 22,442.57 3,100.38
B-2 66937NH27 SUB 6.75000% 3,366,696.52 18,937.67 2,616.19
B-3 66937NH35 SUB 6.75000% 1,121,567.54 6,308.82 871.55
B-4 66937NJ41 SUB 6.75000% 748,708.64 4,211.49 581.80
B-5 66937NJ58 SUB 6.75000% 373,855.85 2,102.94 290.52
B-6 66937NJ66 SUB 6.75000% 624,099.30 3,510.56 484.97
Totals 241,688,079.85 1,359,362.27 3,824,269.46
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<S> <C> <C> <C> <C>
A-1 0.00 47,447,553.84 1,066,956.66 0.00
A-2 0.00 119,811,723.95 3,710,762.11 0.00
A-3 0.00 7,000,000.00 39,375.00 0.00
A-4 0.00 7,287,000.00 39,471.25 0.00
A-5 0.00 7,287,000.00 42,507.50 0.00
A-6 0.00 19,700,000.00 110,812.50 0.00
A-7 0.00 10,562,222.00 57,652.13 0.00
A-8 0.00 8,449,778.00 49,290.37 0.00
A-R 0.00 0.00 444.27 0.00
APO 0.00 101,760.56 900.48 0.00
B-1 0.00 3,986,689.22 25,542.95 0.00
B-2 0.00 3,364,080.33 21,553.86 0.00
B-3 0.00 1,120,696.00 7,180.37 0.00
B-4 0.00 748,126.84 4,793.29 0.00
B-5 0.00 373,565.33 2,393.46 0.00
B-6 0.00 623,614.32 3,995.53 315.97
Totals 0.00 237,863,810.39 5,183,631.73 315.97
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
Edward M. Frere, Jr.
Vice President, Norwest Bank Minnesota, N.A.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<S> <C> <C> <C> <C> <C> <C>
A-1 50,000,000.00 48,243,142.82 37,488.67 758,100.30 0.00 0.00
A-2 129,500,000.00 122,831,558.53 142,296.59 2,877,538.00 0.00 0.00
A-3 7,000,000.00 7,000,000.00 0.00 0.00 0.00 0.00
A-4 7,287,000.00 7,287,000.00 0.00 0.00 0.00 0.00
A-5 7,287,000.00 7,287,000.00 0.00 0.00 0.00 0.00
A-6 19,700,000.00 19,700,000.00 0.00 0.00 0.00 0.00
A-7 10,562,222.00 10,562,222.00 0.00 0.00 0.00 0.00
A-8 8,449,778.00 8,449,778.00 0.00 0.00 0.00 0.00
A-R 100.00 0.00 0.00 0.00 0.00 0.00
APO 103,499.26 102,661.05 97.25 803.23 0.00 0.00
B-1 4,002,000.00 3,989,789.60 3,100.38 0.00 0.00 0.00
B-2 3,377,000.00 3,366,696.52 2,616.19 0.00 0.00 0.00
B-3 1,125,000.00 1,121,567.54 871.55 0.00 0.00 0.00
B-4 751,000.00 748,708.64 581.80 0.00 0.00 0.00
B-5 375,000.00 373,855.85 290.52 0.00 0.00 0.00
B-6 626,009.30 624,099.30 484.97 0.00 0.00 0.00
Totals 250,145,608.56 241,688,079.85 187,827.92 3,636,441.53 0.00 0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<S> <C> <C> <C> <C>
A-1 795,588.98 47,447,553.84 0.94895108 795,588.98
A-2 3,019,834.59 119,811,723.95 0.92518706 3,019,834.59
A-3 0.00 7,000,000.00 1.00000000 0.00
A-4 0.00 7,287,000.00 1.00000000 0.00
A-5 0.00 7,287,000.00 1.00000000 0.00
A-6 0.00 19,700,000.00 1.00000000 0.00
A-7 0.00 10,562,222.00 1.00000000 0.00
A-8 0.00 8,449,778.00 1.00000000 0.00
A-R 0.00 0.00 0.00000000 0.00
APO 900.48 101,760.56 0.98320085 900.48
B-1 3,100.38 3,986,689.22 0.99617422 3,100.38
B-2 2,616.19 3,364,080.33 0.99617422 2,616.19
B-3 871.55 1,120,696.00 0.99617422 871.55
B-4 581.80 748,126.84 0.99617422 581.80
B-5 290.52 373,565.33 0.99617421 290.52
B-6 484.97 623,614.32 0.99617421 484.97
Totals 3,824,269.46 237,863,810.39 0.95090140 3,824,269.46
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<S> <C> <C> <C> <C> <C>
A-1 50,000,000.00 964.86285640 0.74977340 15.16200600 0.00000000
A-2 129,500,000.00 948.50624347 1.09881537 22.22037066 0.00000000
A-3 7,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-4 7,287,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-5 7,287,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-6 19,700,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-7 10,562,222.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-8 8,449,778.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000
APO 103,499.26 991.90129475 0.93962024 7.76073182 0.00000000
B-1 4,002,000.00 996.94892554 0.77470765 0.00000000 0.00000000
B-2 3,377,000.00 996.94892508 0.77470832 0.00000000 0.00000000
B-3 1,125,000.00 996.94892444 0.77471111 0.00000000 0.00000000
B-4 751,000.00 996.94892144 0.77470040 0.00000000 0.00000000
B-5 375,000.00 996.94893333 0.77472000 0.00000000 0.00000000
B-6 626,009.30 996.94892712 0.77470095 0.00000000 0.00000000
<FN>
(2) Per $1,000 Denomination.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<S> <C> <C> <C> <C> <C>
A-1 0.00000000 15.91177960 948.95107680 0.94895108 15.91177960
A-2 0.00000000 23.31918602 925.18705753 0.92518706 23.31918602
A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
APO 0.00000000 8.70035206 983.20084607 0.98320085 8.70035206
B-1 0.00000000 0.77470765 996.17421789 0.99617422 0.77470765
B-2 0.00000000 0.77470832 996.17421676 0.99617422 0.77470832
B-3 0.00000000 0.77471111 996.17422222 0.99617422 0.77471111
B-4 0.00000000 0.77470040 996.17422104 0.99617422 0.77470040
B-5 0.00000000 0.77472000 996.17421333 0.99617421 0.77472000
B-6 0.00000000 0.77470095 996.17421019 0.99617421 0.77470095
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class Amount Rate Balance Interest Shortfall Shortfall
<S> <C> <C> <C> <C> <C> <C>
A-1 50,000,000.00 6.75000% 48,243,142.82 271,367.68 0.00 0.00
A-2 129,500,000.00 6.75000% 122,831,558.53 690,927.52 0.00 0.00
A-3 7,000,000.00 6.75000% 7,000,000.00 39,375.00 0.00 0.00
A-4 7,287,000.00 6.50000% 7,287,000.00 39,471.25 0.00 0.00
A-5 7,287,000.00 7.00000% 7,287,000.00 42,507.50 0.00 0.00
A-6 19,700,000.00 6.75000% 19,700,000.00 110,812.50 0.00 0.00
A-7 10,562,222.00 6.55000% 10,562,222.00 57,652.13 0.00 0.00
A-8 8,449,778.00 7.00000% 8,449,778.00 49,290.37 0.00 0.00
A-R 100.00 6.75000% 0.00 0.00 0.00 0.00
APO 103,499.26 0.00000% 102,661.05 0.00 0.00 0.00
B-1 4,002,000.00 6.75000% 3,989,789.60 22,442.57 0.00 0.00
B-2 3,377,000.00 6.75000% 3,366,696.52 18,937.67 0.00 0.00
B-3 1,125,000.00 6.75000% 1,121,567.54 6,308.82 0.00 0.00
B-4 751,000.00 6.75000% 748,708.64 4,211.49 0.00 0.00
B-5 375,000.00 6.75000% 373,855.85 2,102.94 0.00 0.00
B-6 626,009.30 6.75000% 624,099.30 3,510.56 0.00 0.00
Totals 250,145,608.56 1,358,918.00 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<S> <C> <C> <C> <C> <C>
A-1 0.00 0.00 271,367.68 0.00 47,447,553.84
A-2 0.00 0.00 690,927.52 0.00 119,811,723.95
A-3 0.00 0.00 39,375.00 0.00 7,000,000.00
A-4 0.00 0.00 39,471.25 0.00 7,287,000.00
A-5 0.00 0.00 42,507.50 0.00 7,287,000.00
A-6 0.00 0.00 110,812.50 0.00 19,700,000.00
A-7 0.00 0.00 57,652.13 0.00 10,562,222.00
A-8 0.00 0.00 49,290.37 0.00 8,449,778.00
A-R 0.00 0.00 444.27 0.00 0.00
APO 0.00 0.00 0.00 0.00 101,760.56
B-1 0.00 0.00 22,442.57 0.00 3,986,689.22
B-2 0.00 0.00 18,937.67 0.00 3,364,080.33
B-3 0.00 0.00 6,308.82 0.00 1,120,696.00
B-4 0.00 0.00 4,211.49 0.00 748,126.84
B-5 0.00 0.00 2,102.94 0.00 373,565.33
B-6 0.00 0.00 3,510.56 0.00 623,614.32
Totals 0.00 0.00 1,359,362.27 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class (5) Amount Rate Balance Interest Shortfall Shortfall
<S> <C> <C> <C> <C> <C> <C>
A-1 50,000,000.00 6.75000% 964.86285640 5.42735360 0.00000000 0.00000000
A-2 129,500,000.00 6.75000% 948.50624347 5.33534764 0.00000000 0.00000000
A-3 7,000,000.00 6.75000% 1000.00000000 5.62500000 0.00000000 0.00000000
A-4 7,287,000.00 6.50000% 1000.00000000 5.41666667 0.00000000 0.00000000
A-5 7,287,000.00 7.00000% 1000.00000000 5.83333333 0.00000000 0.00000000
A-6 19,700,000.00 6.75000% 1000.00000000 5.62500000 0.00000000 0.00000000
A-7 10,562,222.00 6.55000% 1000.00000000 5.45833348 0.00000000 0.00000000
A-8 8,449,778.00 7.00000% 1000.00000000 5.83333314 0.00000000 0.00000000
A-R 100.00 6.75000% 0.00000000 0.00000000 0.00000000 0.00000000
APO 103,499.26 0.00000% 991.90129475 0.00000000 0.00000000 0.00000000
B-1 4,002,000.00 6.75000% 996.94892554 5.60783858 0.00000000 0.00000000
B-2 3,377,000.00 6.75000% 996.94892508 5.60783832 0.00000000 0.00000000
B-3 1,125,000.00 6.75000% 996.94892444 5.60784000 0.00000000 0.00000000
B-4 751,000.00 6.75000% 996.94892144 5.60784288 0.00000000 0.00000000
B-5 375,000.00 6.75000% 996.94893333 5.60784000 0.00000000 0.00000000
B-6 626,009.30 6.75000% 996.94892712 5.60784001 0.00000000 0.00000000
<FN>
(5) Per $1,000 Denomination.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<S> <C> <C> <C> <C> <C>
A-1 0.00000000 0.00000000 5.42735360 0.00000000 948.95107680
A-2 0.00000000 0.00000000 5.33534764 0.00000000 925.18705753
A-3 0.00000000 0.00000000 5.62500000 0.00000000 1000.00000000
A-4 0.00000000 0.00000000 5.41666667 0.00000000 1000.00000000
A-5 0.00000000 0.00000000 5.83333333 0.00000000 1000.00000000
A-6 0.00000000 0.00000000 5.62500000 0.00000000 1000.00000000
A-7 0.00000000 0.00000000 5.45833348 0.00000000 1000.00000000
A-8 0.00000000 0.00000000 5.83333314 0.00000000 1000.00000000
A-R 0.00000000 0.00000000 4442.70000000 0.00000000 0.00000000
APO 0.00000000 0.00000000 0.00000000 0.00000000 983.20084607
B-1 0.00000000 0.00000000 5.60783858 0.00000000 996.17421789
B-2 0.00000000 0.00000000 5.60783832 0.00000000 996.17421676
B-3 0.00000000 0.00000000 5.60784000 0.00000000 996.17422222
B-4 0.00000000 0.00000000 5.60784288 0.00000000 996.17422104
B-5 0.00000000 0.00000000 5.60784000 0.00000000 996.17421333
B-6 0.00000000 0.00000000 5.60784001 0.00000000 996.17421019
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
CERTIFICATE ACCOUNT
<S> <C>
Beginning Balance 6,668.94
Deposits
Payments of Interest and Principal 5,133,024.71
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 94,219.48
Realized Losses 0.00
Total Deposits 5,227,244.19
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 50,281.39
Payment of Interest and Principal 5,183,631.70
Total Withdrawals (Pool Distribution Amount) 5,233,913.09
Ending Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment/Curtailment Interest Shortfall 3,292.48
Servicing Fee Support 3,292.48
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 50,351.38
Master Servicing Fee 3,222.49
Supported Prepayment/Curtailment Interest Shortfall 3,292.48
Net Servicing Fee 50,281.39
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Percentage Delinquent
Based On
Current Unpaid
Number Principal Number Unpaid
Of Loans Balance Of Loans Balance
<S> <C> <C> <C> <C>
30 Days 3 795,787.39 0.386598% 0.334556%
60 Days 0 0.00 0.000000% 0.000000%
90+ Days 1 462,623.37 0.128866% 0.194491%
Foreclosure 0 0.00 0.000000% 0.000000%
REO 0 0.00 0.000000% 0.000000%
Totals 4 1,258,410.76 0.515464% 0.529047%
</TABLE>
<TABLE>
<CAPTION>
OTHER INFORMATION
<S> <C>
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 315.97
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 479,909.21
</TABLE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE
Current Next
Original $ Original % Current $ Current % Class% Prepayment%
<S> <C> <C> <C> <C> <C> <C> <C>
Class A 10,256,009.30 4.10001573% 10,216,772.04 4.29521919% 95.702942% 100.000000%
Class B-1 6,254,009.30 2.50014755% 6,230,082.82 2.61918062% 1.676756% 0.000000%
Class B-2 2,877,009.30 1.15013384% 2,866,002.49 1.20489220% 1.414894% 0.000000%
Class B-3 1,752,009.30 0.70039579% 1,745,306.49 0.73374192% 0.471352% 0.000000%
Class B-4 1,001,009.30 0.40017065% 997,179.65 0.41922294% 0.314654% 0.000000%
Class B-5 626,009.30 0.25025796% 623,614.32 0.26217285% 0.157117% 0.000000%
Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.262285% 0.000000%
<FN>
Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
</FN>
</TABLE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 100,000.00 0.03997672% 100,000.00 0.04204086%
Fraud 5,002,912.17 2.00000000% 5,002,912.17 2.10326748%
Special Hazard 2,501,456.09 1.00000000% 2,501,456.09 1.05163374%
<FN>
Limit of Subordinate's Exposure to Certain Types of Losses
</FN>
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 30 Year
Weighted Average Gross Coupon 7.541079%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity(Stepdown Calculation ) 352
Begin Scheduled Collateral Loan Count 787
Number Of Loans Paid In Full 11
End Scheduled Collateral Loan Count 776
Begining Scheduled Collateral Balance 241,688,079.84
Ending Scheduled Collateral Balance 237,863,810.39
Ending Actual Collateral Balance at 31-Jul-1998 238,796,017.85
Ending Scheduled Balance For Norwest 179,475,857.22
Ending Scheduled Balance For Other Services 58,387,953.17
Monthly P &I Constant 1,603,584.13
Class A Optimal Amount 5,116,827.51
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 228,987,102.23
Ending scheduled Balance For discounted Loans 8,876,708.16
Unpaid Principal Balance Of Outstanding Mortgage Loans
With Original LTV:
Less Than Or Equal To 80% 206,880,543.02
Greater Than 80%, less than or equal to 85% 4,715,354.31
Greater than 85%, less than or equal to 95% 26,320,174.91
Greater than 95% 0.00
</TABLE>