Payment Date: 06/25/99
------------------------------------------------------------
Independent National Mortgage Corporation
Mortgage Pass-Through Certificates, Series 1998-J
Residential Asset Securitization Trust, 1998-A10
------------------------------------------------------------
<TABLE>
<CAPTION>
Class Information Current Payment Information
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Beginning Pass Thru Principal Interest Total Principal Interest
Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Senior 1-A-1 27,043,657.17 6.750000% 1,203,497.22 151,843.46 1,355,340.68 0.00 277.11
1-A-2 15,670,085.70 6.400000% 7,569.16 83,421.55 90,990.71 0.00 152.24
1-A-3 25,800,000.00 6.750000% 0.00 144,860.63 144,860.63 0.00 264.37
1-A-4 57,600,000.00 6.750000% 0.00 323,409.78 323,409.78 0.00 590.22
1-A-5 43,471,521.99 6.750000% 2,061,087.10 244,081.87 2,305,168.97 0.00 445.44
1-A-6 33,623,493.30 6.750000% 3,835,043.53 188,787.62 4,023,831.15 0.00 344.53
1-A-7 15,670,085.70 0.350000% 0.00 4,562.12 4,562.12 0.00 8.33
1-A-8 8,739,483.00 6.750000% 0.00 49,070.04 49,070.04 0.00 89.55
1-A-9 8,919,358.00 6.750000% 0.00 50,079.99 50,079.99 0.00 91.39
1-A-10 534,000.00 0.000000% 0.00 0.00 0.00 0.00 0.00
1-A-11 2,300,000.00 6.750000% 0.00 12,913.93 12,913.93 0.00 23.57
1-A-12 2,200,000.00 8.000000% 0.00 14,639.95 14,639.95 0.00 26.72
1-A-13 600,000.00 7.000000% 0.00 3,493.62 3,493.62 0.00 6.38
1-A-14 600,000.00 8.000000% 0.00 3,992.71 3,992.71 0.00 7.29
1-A-15 14,418,000.00 7.000000% 0.00 83,951.79 83,951.79 0.00 153.21
2A-A-1 207,463,713.77 7.000000% 3,257,581.29 1,210,205.00 4,467,786.29 0.00 0.00
2A-A-2 7,683,842.04 0.000000% 120,651.17 0.00 120,651.17 0.00 0.00
2A-B-1 183,348,210.87 6.900000% 6,141,039.45 1,054,252.21 7,195,291.66 0.00 0.00
2A-B-2 4,074,405.11 0.000000% 136,467.56 0.00 136,467.56 0.00 0.00
X1 255,269,854.66 0.629880% 0.00 133,747.00 133,747.00 0.00 244.09
X2-1 0.00 0.000000% 0.00 308,269.02 308,269.02 0.00 0.00
PO1 10,179.54 0.000000% 9.34 0.00 9.34 0.00 0.00
PO2 58,496.68 0.000000% 59.33 0.00 59.33 0.00 0.00
Residual A-R 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 7,216,510.79 6.750000% 5,426.60 40,518.93 45,945.53 0.00 73.95
B2 4,078,443.83 6.750000% 3,066.87 22,899.46 25,966.33 0.00 41.79
B3 1,882,740.82 6.750000% 1,415.77 10,571.13 11,986.90 0.00 19.29
B4 1,411,807.23 6.750000% 1,061.64 7,926.95 8,988.59 0.00 14.47
B5 784,392.55 6.750000% 589.84 4,404.17 4,994.01 0.00 8.04
B6 1,098,006.16 6.750000% 825.67 6,165.03 6,990.70 0.00 11.25
B-2a 16,883,448.46 6.750000% 12,452.29 94,969.40 107,421.69 0.00 0.00
B-2b 6,850,764.78 6.750000% 5,052.74 38,535.55 43,588.29 0.00 0.00
B-2c 4,159,747.81 6.750000% 3,068.00 23,398.58 26,466.58 0.00 0.00
B-2d 2,691,911.33 6.750000% 1,985.40 15,142.00 17,127.40 0.00 0.00
B-2e 1,468,035.22 6.750000% 1,082.74 8,257.70 9,340.44 0.00 0.00
B-2f 2,202,272.22 6.750000% 1,624.27 12,387.78 14,012.05 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
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Totals - - 694,886,528.37 - 16,800,656.98 4,350,758.97 21,151,415.95 - 2,893.22
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Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior 1-A-1 25,840,159.95 277.11
1-A-2 15,662,516.54 152.24
1-A-3 25,800,000.00 264.37
1-A-4 57,600,000.00 590.22
1-A-5 41,410,434.89 445.44
1-A-6 29,788,449.77 344.53
1-A-7 15,662,516.54 8.33
1-A-8 8,739,483.00 89.55
1-A-9 8,919,358.00 91.39
1-A-10 534,000.00 0.00
1-A-11 2,300,000.00 23.57
1-A-12 2,200,000.00 0.00
1-A-13 600,000.00 6.38
1-A-14 600,000.00 0.00
1-A-15 14,418,000.00 153.21
2A-A-1 204,206,132.48 0.00
2A-A-2 7,563,190.87 0.00
2A-B-1 177,207,171.42 0.00
2A-B-2 3,937,937.55 0.00
X1 248,152,971.07 244.09
X2-1 0.00 0.00
PO1 10,170.20 0.00
PO2 58,437.35 0.00
Residual A-R 0.00 0.00
--------------------------------------------------------------------------------
Subordinate B1 7,211,084.19 73.95
B2 4,075,376.96 41.79
B3 1,881,325.05 19.29
B4 1,410,745.59 14.47
B5 783,802.71 8.04
B6 1,097,180.49 11.25
B-2a 16,870,996.17 0.00
B-2b 6,845,712.04 0.00
B-2c 4,156,679.81 0.00
B-2d 2,689,925.93 0.00
B-2e 1,466,952.48 0.00
B-2f 2,200,647.95 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 678,085,871.39 2,859.21
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 06/25/99
------------------------------------------------------------
Independent National Mortgage Corporation
Mortgage Pass-Through Certificates, Series 1998-J
Residential Asset Securitization Trust, 1998-A10
------------------------------------------------------------
<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.
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
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Senior 1-A-1 27,043,657.17 6.750000% 12669AZT4 29.819551 3.762289 640.252387
1-A-2 15,670,085.70 6.400000% 12669AZU1 0.365946 4.033177 757.234759
1-A-3 25,800,000.00 6.750000% 12669AZV9 0.000000 5.614753 1,000.000000
1-A-4 57,600,000.00 6.750000% 12669AZW7 0.000000 5.614753 1,000.000000
1-A-5 43,471,521.99 6.750000% 12669AZX5 39.866288 4.721119 800.975530
1-A-6 33,623,493.30 6.750000% 12669AZY3 59.228563 2.915643 460.053989
1-A-7 15,670,085.70 0.350000% 12669AZZ0 0.000000 0.220565 757.234759
1-A-8 8,739,483.00 6.750000% 12669AA20 0.000000 5.614753 1,000.000000
1-A-9 8,919,358.00 6.750000% 12669AA38 0.000000 5.614753 1,000.000000
1-A-10 534,000.00 0.000000% 12669AA46 0.000000 0.000000 1,000.000000
1-A-11 2,300,000.00 6.750000% 12669AA53 0.000000 5.614752 1,000.000000
1-A-12 2,200,000.00 8.000000% 12669AA61 0.000000 6.654523 1,000.000000
1-A-13 600,000.00 7.000000% 12669AA79 0.000000 5.822700 1,000.000000
1-A-14 600,000.00 8.000000% 12669AA87 0.000000 6.654517 1,000.000000
1-A-15 14,418,000.00 7.000000% 12669AA95 0.000000 5.822707 1,000.000000
2A-A-1207,463,713.77 7.000000% 12669AB29 13.996401 5.199721 877.384353
2A-A-2 7,683,842.04 0.000000% 12669AB37 13.996401 0.000000 877.384353
2A-B-1183,348,210.87 6.900000% 12669AB45 28.986497 4.976206 836.440664
2A-B-2 4,074,405.11 0.000000% 12669AB52 28.986497 0.000000 836.440663
X1 255,269,854.66 0.629880% 12669AB86 0.000000 0.427255 792.724137
X2-1 0.00 0.000000% 12669AB94 0.000000 0.000000 0.000000
PO1 10,179.54 0.000000% 12669AB60 0.910243 0.000000 991.150960
PO2 58,496.68 0.000000% 12669AB78 1.004063 0.000000 988.956825
Residual A-R 0.00 6.750000% 12669AC28 0.000000 0.000000 0.000000
------------------------------------------------------------------------------------------------------------------------
Subordinate B1 7,216,510.79 6.750000% 12669AC36 0.747105 5.578431 992.783670
B2 4,078,443.83 6.750000% 12669AC44 0.747106 5.578431 992.783669
B3 1,882,740.82 6.750000% 12669AC51 0.747108 5.578433 992.783668
B4 1,411,807.23 6.750000% 12669AC93 0.747108 5.578431 992.783666
B5 784,392.55 6.750000% 12669AD27 0.747106 5.578429 992.783673
B6 1,098,006.16 6.750000% 12669AD35 0.747107 5.578427 992.783668
B-2a 16,883,448.46 6.750000% 12669AC69 0.732919 5.589723 992.995655
B-2b 6,850,764.78 6.750000% 12669AC77 0.732918 5.589723 992.995654
B-2c 4,159,747.81 6.750000% 12669AC85 0.732919 5.589723 992.995655
B-2d 2,691,911.33 6.750000% 12669AD43 0.732917 5.589723 992.995655
B-2e 1,468,035.22 6.750000% 12669AD50 0.732918 5.589724 992.995654
B-2f 2,202,272.22 6.750000% 12669AD68 0.732917 5.589723 992.995657
------------------------------------------------------------------------------------------------------------------------
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Totals - - 694,886,528.37 - - - - -
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</TABLE>
<PAGE>
------------------------------------------------------------
Independent National Mortgage Corporation
Mortgage Pass-Through Certificates, Series 1998-J
Residential Asset Securitization Trust, 1998-A10
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 250,882,087.37 229,830,023.66 197,373,760.37 678,085,871.40
Loan count 691 2012 522 3225
Avg loan rate 7.756944% 8.016510% 7.938729% 7.90
Prepay amount 6,925,581.83 3,218,228.88 6,140,532.96 16,284,343.67
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FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
master servicing fees 0.00 14,331.79 3,696.03 18,027.82
sub servicer fees 53,750.35 48,664.65 42,508.08 144,923.08
trustee fees 1,935.01 1,749.16 1,527.47 5,211.65
Aggregate advances N/A N/A N/A N/A
Advances this periods 32,582.24 70,817.96 0.00 103,400.20
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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 6,315,868.00 9,849,249.00 0.00 16,165,117.00
Special Hazard 870,280.00 870,280.00 870,280.00 2,610,840.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 92.704827% 100.000000% 644,158,447.18
-----------------------------------------------------------------------------
Junior 7.295173% 0.000000% 50,690,429.37
-----------------------------------------------------------------------------
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DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 48 8,057,683.46
60 to 89 days 6 1,287,941.26
90 or more 7 1,269,032.65
Foreclosure 9 2,907,604.38
Totals: 70 13,522,261.75
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<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>
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OTHER INFORMATION
--------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 21,151,415.95 21,151,415.95
Principal remittance amount 16,800,656.98 16,800,656.98
Interest remittance amount 4,350,758.97 4,350,758.97
