Payment Date: 06/25/99
------------------------------------------------------------
Independent National Mortgage Corporation
Mortgage Pass-Through Certificates, Series 1998-I
Residential Asset Securitization Trust, 1998-A9
------------------------------------------------------------
<TABLE>
<CAPTION>
Class Information Current Payment Information
----------------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru Principal Interest Total Principal Interest
Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Senior 1A1 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
1A2 16,792,029.23 6.750000% 1,477,958.69 94,455.16 1,572,413.85 0.00 0.00
1A3 1,156,863.59 6.750000% 68,509.78 6,507.36 75,017.14 0.00 0.00
1A4 79,731,929.74 6.750000% 4,520,837.09 448,492.10 4,969,329.20 0.00 0.00
1A5 24,932,389.68 6.750000% 1,026,175.32 140,244.69 1,166,420.01 0.00 0.00
1A6 19,715,880.97 6.750000% 864,772.60 110,901.83 975,674.43 0.00 0.00
1A7 51,028,000.00 6.750000% 0.00 287,032.50 287,032.50 0.00 0.00
1A8 16,931,625.00 5.672500% 0.00 80,037.20 80,037.20 0.00 0.00
1A9 5,643,875.00 9.982500% 0.00 46,949.99 46,949.99 0.00 0.00
1A10 64,731,000.00 6.750000% 0.00 364,111.88 364,111.88 0.00 0.00
1A11 10,000,000.00 6.750000% 0.00 56,250.00 56,250.00 0.00 0.00
1A12 5,269,000.00 6.750000% 0.00 29,638.13 29,638.13 0.00 0.00
Residual AR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
2A1 55,911,153.00 6.750000% 0.00 314,500.24 314,500.24 0.00 0.00
2A2 13,098,264.10 6.750000% 1,155,554.58 73,677.74 1,229,232.32 0.00 0.00
2A3 12,152,181.00 6.750000% 0.00 68,356.02 68,356.02 0.00 0.00
2A-4-a 12,468,137.00 6.750000% 0.00 70,133.27 70,133.27 0.00 0.00
2A5 20,966,682.00 6.750000% 0.00 117,937.59 117,937.59 0.00 0.00
2A6 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
2A-7-a 93,584,768.94 6.750000% 3,591,417.42 526,414.33 4,117,831.75 0.00 0.00
2A-8-a 23,643,076.00 6.750000% 0.00 132,992.30 132,992.30 0.00 0.00
3A1 124,363,824.75 6.750000% 3,440,182.34 699,546.51 4,139,728.85 0.00 0.00
X1 316,871,834.95 0.923007% 0.00 243,729.15 243,729.15 0.00 0.00
X2 247,508,783.82 0.883118% 0.00 182,149.55 182,149.55 0.00 0.00
X3 133,290,936.52 0.931183% 0.00 103,431.86 103,431.86 0.00 0.00
PO1 53,014.26 0.000000% 47.26 0.00 47.26 0.00 0.00
PO2 69,411.24 0.000000% 73.98 0.00 73.98 0.00 0.00
PO3 4,248.76 0.000000% 3.76 0.00 3.76 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 25,744,147.39 6.750000% 18,701.56 144,810.83 163,512.39 0.00 0.00
B2 11,817,311.17 6.750000% 8,584.56 66,472.38 75,056.93 0.00 0.00
B3 6,752,465.60 6.750000% 4,905.26 37,982.62 42,887.88 0.00 0.00
B4 4,642,940.55 6.750000% 3,372.81 26,116.54 29,489.35 0.00 0.00
B5 2,109,525.05 6.750000% 1,532.44 11,866.08 13,398.52 0.00 0.00
B6 3,799,368.05 6.750000% 2,760.01 21,371.45 24,131.46 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 707,113,112.09 - 16,185,389.47 4,506,109.27 20,691,498.74 - -
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Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior 1A1 0.00 0.00
1A2 15,314,070.54 0.00
1A3 1,088,353.80 0.00
1A4 75,211,092.65 0.00
1A5 23,906,214.36 0.00
1A6 18,851,108.37 0.00
1A7 51,028,000.00 0.00
1A8 16,931,625.00 0.00
1A9 5,643,875.00 0.00
1A10 64,731,000.00 0.00
1A11 10,000,000.00 0.00
1A12 5,269,000.00 0.00
Residual AR 0.00 0.00
2A1 55,911,153.00 0.00
2A2 11,942,709.52 0.00
2A3 12,152,181.00 0.00
2A-4-a 12,468,137.00 0.00
2A5 20,966,682.00 0.00
2A6 0.00 0.00
2A-7-a 89,993,351.52 0.00
2A-8-a 23,643,076.00 0.00
3A1 120,923,642.41 0.00
X1 308,899,371.31 0.00
X2 242,751,253.23 0.00
X3 129,844,444.80 0.00
PO1 52,967.01 0.00
PO2 69,337.26 0.00
PO3 4,245.00 0.00
--------------------------------------------------------------------------------
Subordinate B1 25,725,445.83 0.00
B2 11,808,726.61 0.00
B3 6,747,560.35 0.00
B4 4,639,567.74 0.00
B5 2,107,992.61 0.00
B6 3,796,608.04 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 690,927,722.62 -
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 06/25/99
------------------------------------------------------------
Independent National Mortgage Corporation
Mortgage Pass-Through Certificates, Series 1998-I
Residential Asset Securitization Trust, 1998-A9
------------------------------------------------------------
<TABLE>
<CAPTION>
Class Information Current Payment Information
Factors per $1,000
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Beginning Pass Thru CUSIP Principal Interest Ending Cert./
Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal.
------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------------
Senior 1A1 0.00 6.750000% 126671CX2 0.000000 0.000000 0.000000
1A2 16,792,029.23 6.750000% 126671CY0 27.012935 1.726375 279.898206
1A3 1,156,863.59 6.750000% 126671CZ7 34.254891 3.253679 544.176902
1A4 79,731,929.74 6.750000% 126671DA1 44.986587 4.462919 748.421210
1A5 24,932,389.68 6.750000% 126671DB9 29.319295 4.006991 683.034696
1A6 19,715,880.97 6.750000% 126671DC7 34.590904 4.436073 754.044335
1A7 51,028,000.00 6.750000% 126671DD5 0.000000 5.625000 1,000.000000
1A8 16,931,625.00 5.672500% 126671DE3 0.000000 4.727083 1,000.000000
1A9 5,643,875.00 9.982500% 126671DF0 0.000000 8.318750 1,000.000000
1A10 64,731,000.00 6.750000% 126671DG8 0.000000 5.625000 1,000.000000
1A11 10,000,000.00 6.750000% 126671DH6 0.000000 5.625000 1,000.000000
1A12 5,269,000.00 6.750000% 126671DJ2 0.000000 5.625000 1,000.000000
Residual AR 0.00 6.750000% 126671EA0 0.000000 0.033709 0.000000
2A1 55,911,153.00 6.750000% 126671DK9 0.000000 5.625000 1,000.000000
2A2 13,098,264.10 6.750000% 126671DL7 46.295634 2.951793 478.467498
2A3 12,152,181.00 6.750000% 126671DM5 0.000000 5.625000 1,000.000000
2A-4-a 12,468,137.00 6.750000% 126671DN3 0.000000 5.625000 1,000.000000
2A5 20,966,682.00 6.750000% 126671DP8 0.000000 5.625000 1,000.000000
2A6 0.00 6.750000% 126671DQ6 0.000000 0.000000 0.000000
2A-7-a 93,584,768.94 6.750000% 126671DR4 34.279377 5.024522 858.968943
2A-8-a 23,643,076.00 6.750000% 126671DS2 0.000000 5.625000 1,000.000000
3A1 124,363,824.75 6.750000% 126671DT0 24.517139 4.985456 861.786215
X1 316,871,834.95 0.923007% 126671DX1 0.000000 0.618428 783.787544
X2 247,508,783.82 0.883118% 126671DY9 0.000000 0.614667 819.168993
X3 133,290,936.52 0.931183% 126671DZ6 0.000000 0.692769 869.676533
PO1 53,014.26 0.000000% 126671DU7 0.862343 0.000000 966.557938
PO2 69,411.24 0.000000% 126671DV5 1.055215 0.000000 988.995557
PO3 4,248.76 0.000000% 126671DW3 0.877123 0.000000 989.612088
------------------------------------------------------------------------------------------------------------------------
Subordinate B1 25,744,147.39 6.750000% 126671EB8 0.721149 5.584037 991.996523
B2 11,817,311.17 6.750000% 126671EC6 0.721149 5.584037 991.996523
B3 6,752,465.60 6.750000% 126671ED4 0.721149 5.584037 991.996523
B4 4,642,940.55 6.750000% 126671CU8 0.721149 5.584037 991.996523
B5 2,109,525.05 6.750000% 126671CV6 0.721149 5.584037 991.996522
B6 3,799,368.05 6.750000% 126671CW4 0.721149 5.584037 991.996593
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 707,113,112.09 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
------------------------------------------------------------
Independent National Mortgage Corporation
Mortgage Pass-Through Certificates, Series 1998-I
Residential Asset Securitization Trust, 1998-A9
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
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Total
-----
Prin balance 313,813,489.10 246,505,652.31 130,608,581.81 690,927,723.22
Loan count 2125 1621 802 4548
Avg loan rate 8.047363% 8.002145% 8.059656% 8.03
Prepay amount 7,744,273.63 4,576,986.53 3,350,430.32 15,671,690.48
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FEES AND ADVANCES
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Total
-----
master servicing fees 3,789.68 10,904.20 620.01 15,313.89
sub servicer fees 68,535.09 52,368.33 27,928.28 148,831.70
trustee fees 2,413.43 1,884.50 1,005.42 5,303.35
Aggregate advances N/A N/A N/A N/A
Advances this periods 40,085.25 59,685.94 27,766.00 127,537.19
--------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
--------------------------------------------------------------------------------
Total
-----
Net realized losses (this period) 0.00 0.00 0.00 0.00
Cumulative losses (from Cut-Off) 0.00 0.00 0.00 0.00
Coverage Amounts Total
---------------- -----
Bankruptcy 0.00 0.00 0.00 0.00
Fraud 17,005,553.00 6,002,639.45 3,001,534.50 26,009,726.95
Special Haz 7,071,131.13 7,071,131.13 7,071,131.13 21,213,393.38
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 92.246079% 100.000000% 652,247,354.27
-----------------------------------------------------------------------------
Junior 7.753921% 0.000000% 54,825,901.18
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 62 9,453,554.23
60 to 89 days 14 2,006,051.52
90 or more 12 1,398,205.23
Foreclosure 22 3,739,098.88
Totals: 110 16,596,909.86
--------------------------------------------------------------------------------
<PAGE>
--------------------------------------------------------------------------------
REO INFORMATION
--------------------------------------------------------------------------------
REO Date Loan Number Ending Stated Balance Book Value
-------- ----------- --------------------- ----------
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
Totals: 0 N/A
Current Total Outstanding Balance: 0.00
Current Total Outstanding Number of Loans: 0
<PAGE>
--------------------------------------------------------------------------------
OTHER INFORMATION
--------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 20,691,498.74 20,691,498.74
Principal remittance amount 16,185,389.47 16,185,389.47
Interest remittance amount 4,506,109.27 4,506,109.27
