<PAGE> 1
MID-STATE TRUST VIII Record Date: 6/13/00
7.791% ASSET-BACKED BONDS Prior Date: 5/15/00
PAYMENT DATE STATEMENT Distribution Date: 6/15/00
<TABLE>
<CAPTION>
==================================================================================================================================
ORIGINAL BEGINNING ENDING
CERTIFICATE CERTIFICATE CERTIFICATE TOTAL CERTIFICATE
CLASS CUSIP RATE BALANCE BALANCE INTEREST PRINCIPAL DISTRIBUTION BALANCE
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A 595497AA6 7.791% 386,500,000.00 380,065,053.26 2,467,572.36 2,512,185.24 4,979,757.60 377,552,868.02
Factors 6.38440455 6.49983244 12.88423699 976.85088751
per
Thousand
----------------------------------------------------------------------------------------------------------------------------------
TOTALS 386,500,000.00 380,065,053.26 2,467,572.36 2,512,185.24 4,979,757.60 377,552,868.02
----------------------------------------------------------------------------------------------------------------------------------
==================================================================================================================================
</TABLE>
First Union National Bank Robert Ashbaugh
Structured Finance Trust Services Vice President
401 South Tryon Street, 12th Floor Phone: 704-383-9568
Charlotte, North Carolina 28288-1179 Fax: 704-383-6039
<PAGE> 2
MID-STATE TRUST VIII Record Date: 6/13/00
7.791% ASSET-BACKED BONDS Prior Date: 5/15/00
PAYMENT DATE STATEMENT Distribution Date: 6/15/00
<TABLE>
<CAPTION>
===================================================================================================================================
SCHEDULE OF REMITTANCE COLLATERAL INFORMATION
---------------------- ----------------------
<S> <C> <C> <C>
Collections as of the end of the Related Due Period 5,058,912.77 Aggregate Beginning Economic Balance of Loans 412,978,122.05
Investment Earnings 21,992.78 Aggregate Ending Economic Balance of Loans 410,912,171.20
Overcollateralization Amount 33,359,303.18
AVAILABLE FUNDS 5,080,905.55 Cumulative Actual Net Economic Losses 59,402.19
============ Minimum Target Overcollateralization 41,496,022.11
Optimal Principal Amount 2,512,185.24
Issuer Release 0.00
FEES
----
Servicer Fee 206,489.00
Trustee Fee 4,943.99
Standby Servicer Fee 1,187.70
AMBAC Fee 95,016.26
Owner Trustee Fee 0.00
CT Corporation 0.00 Economic balance as of the end of the related Due Period
Carlton Fields 0.00 of Accounts as to which there is a material breach of any
TOTAL: 101,147.95 representation or warranty or as to which there is a material
defect in the related Account Documents: N/A
===================================================================================================================================
</TABLE>
First Union National Bank Robert Ashbaugh
Structured Finance Trust Services Vice President
401 South Tryon Street, 12th Floor Phone: 704-383-9568
Charlotte, North Carolina 28288-1179 Fax: 704-383-6039
<PAGE> 3
MID-STATE TRUST VIII Record Date: 6/13/00
7.791% ASSET-BACKED BONDS Prior Date: 5/15/00
PAYMENT DATE STATEMENT Distribution Date: 6/15/00
<TABLE>
<CAPTION>
==================================================================================================================================
------------------------------------------------------------
DELINQUENT INFOR. # LOANS AMOUNT
------------------------------------------------------------
<S> <C> <C> <C> <C>
Delinquent 0-30 Days 9119 930,828,756.34
------------------------------------------ Delinquent 31-60 Days 116 11,320,467.36
Outstanding Balance $410,912,171.20 Delinquent 61-90 Days 75 7,644,650.40
------------------------------------------ Delinquent 91+ Days 136 13,215,592.79
# Accounts 9,446 Loans in Foreclosure, Bankruptcy * 137 5,569,184.32
------------------------------------------ REO Property 1 42,625.44
------------------------------------------------------------
* figures included in above Delinquency numbers
==================================================================================================================================
</TABLE>
First Union National Bank Robert Ashbaugh
Structured Finance Trust Services Vice President
401 South Tryon Street, 12th Floor Phone: 704-383-9568
Charlotte, North Carolina 28288-1179 Fax: 704-383-6039
