February 9, 1999
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: First Boston Mortgage Securities Corp., Conduit Mortgage
Pass-Through Certificates, Series 1989-2; File No. 333-53115.
Ladies and Gentlemen:
Enclosed herewith for filing on behalf of First Boston Mortgage
Securities Corp., Conduit Mortgage Pass-Through Certificates, Series
1989-2 (as depositor under a series 1989-2 Pooling and Servicing
Agreement dated as of January 1, 1989, providing for, among other
things, the issuance of Conduit Mortgage Pass-Through Certificates,
Series 1989-2 is a Current Report on Form 8-K.
The Conduit Mortgage Pass-Through Certificates, Series 1989-2 will be
comprised of Class A Certificates and two subclasses of Class B
Certificates, (collectively, the "Certificates"). The Certificates
will represent interests in the Master Trust Fund which will hold an
interest in a pool (the "Mortgage Pool") of adjustable rate,
conventional mortgage loans secured primarily by first mortgages or
deeds of trust on one- to four- unit residential properties (the
"Mortgage Loans") originated or acquired by AmeriStar Financial
Corporation ("AmeriStar"), and certain other property held in trust
for the benefit of the Certificateholders. The Mortgage Loans will
be sold to First Boston Mortgage Securities Corp. (the "Depositor")
on or prior to the date of initial issuance of the Certificates and
will be transferred to a trust pursuant to the Pooling and Servicing
Agreement dated as of January 1, 1989 by the Depositor in exchange
for the Certificates. AmeriStar will act as Master Servicer.
The Class A Certificates will evidence an initial interest of
approximately 90.75% in the Mortgage Loans. The remaining interest
in the Mortgage Loans will be evidenced by the Class B Certificates,
which are subordinated to the Class A Certificates to the extent
described in the Prospectus Supplement and in the Prospectus. See
"Description of the Certificates- Distributions" and "-Subordination
of the Class B Certificates; Shifting Interest Credit Enhancement" in
the Prospectus Supplement and "Credit Support- Subordinated
Certificates" in the Prospectus.
The Certificates were registered under the Securities Act of 1933.
As a result, the Registrant is subject to the filing requirements of
Section 15(d) of the Securities Exchange Act of 1934, as amended
(the "Exchange Act"). The Trust intends to fulfill these filing
requirements in the manner described herein:
The agent for Registrant will file, promptly after each Distribution
Date (as defined in the Indenture), a Current Report on Form 8-K in
substantially the form enclosed herewith, including as an exhibit
thereto the applicable Distribution Date Report. Each such Current
Report will also disclose under Item 5 any matter occurring during
the relevant reporting period which would be reportable under Item
1, 2, 4 or 5 of Part II of Form 10-Q.
Within 90 days after the end of each fiscal year, the agent for the
Registrant will file an annual report of Form 10-K, which responds to
Items 2, 3, and 4 of Part I, Items 5 and 9 of Part II, Items 12 and
13 of Part III and Item 14 of Part IV thereof, and include as
exhibits thereto certain information from the Distribution Date
reports aggregated for such year and a copy of the independent
accountants' annual compliance statement required under the Pooling
and Servicing Agreement.
The agent for the Registrant will follow the above procedures except
for any fiscal year as to which its reporting obligations under
Section 15(d) of the Exchange Act have been suspended pursuant to
such Section. In such event, the agent for the Registrant will file
a Form 15 as required under Rule 15d-6.
Should you wish to discuss the above filing procedures, please call
Judy L. Gomez at (949) 253-7562.
Sincerely,
/s/ Judy L. Gomez
Assistant Vice President
Bankers Trust Company of California, N.A.
S.E.C. Reporting Agent for First Boston Mortgage Securities Corp.,
Conduit Mortgage Pass-Through Certificates, Series 1989-2.
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): February 9, 1989
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates, Series 1989-2
(as issuer under the Pooling and Servicing Agreement, dated
as of January 1, 1989, providing for the issuance of Conduit
Mortgage Pass-Through Certificates, Series, 1989-2).
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates, Series 1989-2
(Exact name of Registrant as specified in its Charter)
DELAWARE
(State or Other Jurisdiction of Incorporation)
333-53115 13-332-0910
(Commission File Number) (I.R.S. Employer
Identification No.)
c/o The First Boston Corporation
Park Avenue Plaza
New York, New York 10055
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (212)909-2000
ITEM 5. Other Events
Attached hereto are copies of the Monthly Remittance Statements
to the Certificateholders which were derived from the monthly
information submitted by the Master Servicer to the Trustee.
ITEM 7. Financial Statement and Exhibits
Exhibits: (as noted in Item 5 above)
Monthly Remittance Statement to the Certificateholders dated as of
March 27, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
April 25, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
May 25, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
June 26, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
July 25, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
August 25, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
September 25, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
October 25, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
November 27, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
December 26, 1989.
SIGNATURE
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.
Bankers Trust Company of California, N.A.,
not in its individual capacity, but solely
as a duly authorized agent of the Registrant
pursuant to the Pooling and Servicing
Agreement, dated as of January 1, 1989.
Date: February 9, 1999 By: /s/ Judy L. Gomez
Judy L. Gomez
Assistant Vice President
EXHIBIT INDEX
Monthly Remittance Statement to the Certificateholders dated as of
March 27, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
April 25, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
May 25, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
June 26, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
July 25, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
August 25, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
September 25, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
October 25, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
November 27, 1989.
Monthly Remittance Statement to the Certificateholders dated as of
December 26, 1989.
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 03/27/1989 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
CUSIP ORIGINAL PRINCIPAL INTEREST
CLASS NUMBER FACE VALUE BALANCE DISTRIBUTION
A 319339AG2 79,830,397.26 79,776,077.82 525,627.40
B-1 3,298,776.75 3,296,624.33 21,720.75
B-2 4,838,205.89 4,835,049.01 31,857.09
87,967,379.90 87,907,751.16 579,205.24
ALLOCATION
PRINCIPAL TOTAL NEGATIVE REALIZED
DISTRIBUTION DISTRIBUTION AMORITIZATION LOSSES
515,536.15 1,041,163.55 96.96 0.00
2,171.39 23,892.14 4.01 0.00
3,184.71 35,041.80 5.88 0.00
520,892.25 1,100,097.49 106.84 0.00
REMAINING PRINCIPAL
PRINCIPAL BALANCE
BALANCE FACTOR
79,260,638.63 99.286289
3,294,456.95 99.869048
4,831,870.18 99.869048
87,386,965.75
AMOUNTS PER $1,000 UNIT
PRINCIPAL
CUSIP INTEREST PRINCIPAL TOTAL BALANCE AFTER
CLASS NUMBER DISTRIBUTION DISTRIBUTION DISTRIBUTION DISTRIBUTION
A 319339AG2 6.584301 6.457893 13.042194 992.862886
B-1 6.584486 0.658241 7.242727 998.690483
B-2 6.584484 0.658242 7.242726 998.690483
RECORD DATE: 02/28/1989
DISTRIBTUION DATE: 03/27/1989
PRIOR DISTRIBUTION DATE: 02/27/1989
CURRENT MASTER PASS-THROUGH RATE: 7.908000%
NEXT MASTER PASS-THROUGH RATE: 7.908000%
ACCOUNT NUMBER: 11-7-208100
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-423-5041
ADMINISTRATOR: MARGARET SWINDALL
SECURITY PACIFIC NATIONAL BANK
333 SOUTH BEAUDRY AVE W24-30
LOS ANGELES, CA 90017
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 3/27/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 2 OF 3
OTHER RELATED INFORMATION
PRINCIPAL PREPAYMENTS DURING THE PRECEDING MONTH:
APPLICABLE TO CLASS A CERTIFICATES
> 462,989.94
APPLICABLE TO CLASS B-1 CERTIFICATES
> 0.00
APPLICABLE TO CLASS B-2 CERTIFICATES
> 0.00
ADVANCES REQUIRED FROM MASTER SERVICER:
PRINCIPAL
> 5,086.31
INTEREST
> 57,616.34
TOTAL
> 62,702.65
AGGREGATE STATED PRINCIPAL BALANCE OF MORTGAGE LOANS 87
>,386,965.74
SERVICING FEES RECEIVED BY MASTER SERVICER
> 19,210.39
ADDITIONAL SERVICING COMPENSATION RECEIVED BY MASTER SERVICER
> 0.00
DELINQUENCIES:
(A) PAYMENTS DELINQUENT ONE MONTH:
NUMBER OF LOANS
> 44
AGGREGATE PRINCIPAL BALANCE 7
>,729,318.58
(B) PAYMENTS DELINQUENT TWO MONTHS:
NUMBER OF LOANS
> 3
AGGREGATE PRINCIPAL BALANCE
> 687,133.86
(C) PAYMENTS DELINQUENT THREE OR MORE MONTHS:
NUMBER OF LOANS
> 0
AGGREGATE PRINCIPAL BALANCE
> 0.00
LOANS ON WHICH FORECLOSURE PROCEEDINGS HAVE COMMENCED:
NUMBER OF LOANS
> 0
AGGREGATE PRINCIPAL BALANCE
> 0.00
BOOK VALUE OF REO PROPERTY AS OF PRECEDING MONTH-END
> 0.00
SERVICER ADVANCES RECOVERED
> 30,657.55
SPECIAL HAZARD LOSSES:
CURRENT PERIOD AMOUNT
> 0.00
CUMULATIVE AMOUNT SINCE 10/01/88
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 3/27/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 3 OF 3
OTHER RELATED INFORMATION
PRIOR PERIOD SHORTFALL AMOUNTS INCLUDED IN THE CURRENT DISTRIBUTION:
CLASS A
> 0.00
CLASS B-1
> 0.00
TOTAL
> 0.00
CURRENT CLASS A DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL
> 0.00
CURRENT CLASS B-1 DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL
> 0.00
PERCENTAGES FOR NEXT PERIOD:
CLASS A PERCENTAGE
> 90.701000%
SUBORDINATE PERCENTAGE
> 9.299000%
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 04/25/1989 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
CUSIP ORIGINAL PRINCIPAL INTEREST
CLASS NUMBER FACE VALUE BALANCE DISTRIBUTION
A 319339AG2 79,830,397.26 79,260,638.63 522,637.26
B-1 3,298,776.75 3,294,456.95 21,723.34
B-2 4,838,205.89 4,831,870.18 31,860.90
87,967,379.90 87,386,965.75 576,221.50
ALLOCATION
PRINCIPAL TOTAL NEGATIVE REALIZED
DISTRIBUTION DISTRIBUTION AMORITIZATION LOSSES
942,205.85 1,464,843.11 238.57 0.00
2,190.17 23,913.51 9.92 0.00
3,212.24 35,073.14 14.54 0.00
947,608.26 1,523,829.76 263.03 0.00
REMAINING PRINCIPAL
PRINCIPAL BALANCE
BALANCE FACTOR
78,318,671.35 98.106328
3,292,276.69 99.802956
4,828,672.48 99.802956
86,439,620.52
AMOUNTS PER $1,000 UNIT
PRINCIPAL
CUSIP INTEREST PRINCIPAL TOTAL BALANCE AFTER
CLASS NUMBER DISTRIBUTION DISTRIBUTION DISTRIBUTION DISTRIBUTION
A 319339AG2 6.546845 11.802595 18.349440 981.063280
B-1 6.585271 0.663934 7.249205 998.029555
B-2 6.585272 0.663932 7.249204 998.029557
RECORD DATE: 03/31/1989
DISTRIBTUION DATE: 04/25/1989
PRIOR DISTRIBUTION DATE: 03/27/1989
CURRENT MASTER PASS-THROUGH RATE: 7.916300%
NEXT MASTER PASS-THROUGH RATE: 7.916300%
ACCOUNT NUMBER: 11-7-208100
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-423-5041
ADMINISTRATOR: LYNNETTE TAYLOR
SECURITY PACIFIC NATIONAL BANK
333 SOUTH BEAUDRY AVE W24-30
LOS ANGELES, CA 90017
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 4/25/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 2 OF 3
OTHER RELATED INFORMATION
PRINCIPAL PREPAYMENTS DURING THE PRECEDING MONTH:
APPLICABLE TO CLASS A CERTIFICATES
> 889,513.13
APPLICABLE TO CLASS B-1 CERTIFICATES
> 0.00
APPLICABLE TO CLASS B-2 CERTIFICATES
> 0.00
ADVANCES REQUIRED FROM MASTER SERVICER:
PRINCIPAL
> 6,987.41
INTEREST
> 73,758.73
TOTAL
> 80,746.14
AGGREGATE STATED PRINCIPAL BALANCE OF MORTGAGE LOANS 86
>,439,620.51
SERVICING FEES RECEIVED BY MASTER SERVICER
> 13,875.22
ADDITIONAL SERVICING COMPENSATION RECEIVED BY MASTER SERVICER
> 983.42
DELINQUENCIES:
(A) PAYMENTS DELINQUENT ONE MONTH:
NUMBER OF LOANS
> 55
AGGREGATE PRINCIPAL BALANCE 10
>,097,760.21
(B) PAYMENTS DELINQUENT TWO MONTHS:
NUMBER OF LOANS
> 3
AGGREGATE PRINCIPAL BALANCE
> 813,285.44
(C) PAYMENTS DELINQUENT THREE OR MORE MONTHS:
NUMBER OF LOANS
> 0
AGGREGATE PRINCIPAL BALANCE
> 0.00
LOANS ON WHICH FORECLOSURE PROCEEDINGS HAVE COMMENCED:
NUMBER OF LOANS
> 0
AGGREGATE PRINCIPAL BALANCE
> 0.00
BOOK VALUE OF REO PROPERTY AS OF PRECEDING MONTH-END
> 0.00
SERVICER ADVANCES RECOVERED
> 56,525.52
SPECIAL HAZARD LOSSES:
CURRENT PERIOD AMOUNT
> 0.00
CUMULATIVE AMOUNT SINCE 10/01/88
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 4/25/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 3 OF 3
OTHER RELATED INFORMATION
PRIOR PERIOD SHORTFALL AMOUNTS INCLUDED IN THE CURRENT DISTRIBUTION:
CLASS A
> 0.00
CLASS B-1
> 0.00
TOTAL
> 0.00
CURRENT CLASS A DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL
> 0.00
CURRENT CLASS B-1 DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL
> 0.00
PERCENTAGES FOR NEXT PERIOD:
CLASS A PERCENTAGE
> 90.605000%
SUBORDINATE PERCENTAGE
> 9.395000%
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 05/25/1989 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
CUSIP ORIGINAL PRINCIPAL INTEREST
CLASS NUMBER FACE VALUE BALANCE DISTRIBUTION
A 319339AG2 79,830,397.26 78,318,671.35 516,263.48
B-1 3,298,776.75 3,292,276.69 21,702.13
B-2 4,838,205.89 4,828,672.48 31,829.80
87,967,379.90 86,439,620.52 569,795.41
ALLOCATION
PRINCIPAL TOTAL NEGATIVE REALIZED
DISTRIBUTION DISTRIBUTION AMORITIZATION LOSSES
1,466,518.59 1,982,782.07 457.01 0.00
2,250.53 23,907.66 19.21 0.00
3,234.78 35,064.58 28.18 0.00
1,471,958.90 2,041,754.31 504.40 0.00
REMAINING PRINCIPAL
PRINCIPAL BALANCE
BALANCE FACTOR
76,852,609.77 96.269858
3,290,090.37 99.736679
4,825,465.88 99.736679
84,968,166.02
AMOUNTS PER $1,000 UNIT
PRINCIPAL
CUSIP INTEREST PRINCIPAL TOTAL BALANCE AFTER
CLASS NUMBER DISTRIBUTION DISTRIBUTION DISTRIBUTION DISTRIBUTION
A 319339AG2 6.467004 18.370428 24.837432 962.698576
B-1 6.578842 0.668590 7.247432 997.366788
B-2 6.578844 0.668591 7.247435 997.366790
RECORD DATE: 04/30/1989
DISTRIBTUION DATE: 05/25/1989
PRIOR DISTRIBUTION DATE: 04/25/1989
CURRENT MASTER PASS-THROUGH RATE: 7.917200%
NEXT MASTER PASS-THROUGH RATE:
ACCOUNT NUMBER: 11-7-208100
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-423-5041
ADMINISTRATOR: LYNNETTE TAYLOR
SECURITY PACIFIC NATIONAL BANK
333 SOUTH BEAUDRY AVE W24-30
LOS ANGELES, CA 90017
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 5/25/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 2 OF 3
OTHER RELATED INFORMATION
PRINCIPAL PREPAYMENTS DURING THE PRECEDING MONTH:
APPLICABLE TO CLASS A CERTIFICATES 1
>,414,052.11
APPLICABLE TO CLASS B-1 CERTIFICATES
> 0.00
APPLICABLE TO CLASS B-2 CERTIFICATES
> 0.00
ADVANCES REQUIRED FROM MASTER SERVICER:
PRINCIPAL
> 6,156.19
INTEREST
> 62,054.70
TOTAL
> 68,210.89
AGGREGATE STATED PRINCIPAL BALANCE OF MORTGAGE LOANS 84
>,968,166.01
SERVICING FEES RECEIVED BY MASTER SERVICER
> 14,906.51
ADDITIONAL SERVICING COMPENSATION RECEIVED BY MASTER SERVICER
> 1,758.22
DELINQUENCIES:
(A) PAYMENTS DELINQUENT ONE MONTH:
NUMBER OF LOANS
> 43
AGGREGATE PRINCIPAL BALANCE 8
>,498,018.86
(B) PAYMENTS DELINQUENT TWO MONTHS:
NUMBER OF LOANS
> 3
AGGREGATE PRINCIPAL BALANCE
> 565,806.39
(C) PAYMENTS DELINQUENT THREE OR MORE MONTHS:
NUMBER OF LOANS
> 1
AGGREGATE PRINCIPAL BALANCE
> 265,019.21
LOANS ON WHICH FORECLOSURE PROCEEDINGS HAVE COMMENCED:
NUMBER OF LOANS
> 0
AGGREGATE PRINCIPAL BALANCE
> 0.00
BOOK VALUE OF REO PROPERTY AS OF PRECEDING MONTH-END
> 0.00
SERVICER ADVANCES RECOVERED
> 83,178.10
SPECIAL HAZARD LOSSES:
CURRENT PERIOD AMOUNT
> 0.00
CUMULATIVE AMOUNT SINCE 10/01/88
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 5/25/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 3 OF 3
OTHER RELATED INFORMATION
PRIOR PERIOD SHORTFALL AMOUNTS INCLUDED IN THE CURRENT DISTRIBUTION:
CLASS A
> 0.00
CLASS B-1
> 0.00
TOTAL
> 0.00
CURRENT CLASS A DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL
> 0.00
CURRENT CLASS B-1 DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL
> 0.00
PERCENTAGES FOR NEXT PERIOD:
CLASS A PERCENTAGE
> 90.449000%
SUBORDINATE PERCENTAGE
> 9.551000%
TOTAL NUMBER OF LOANS IN THE POOL
> 552
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 06/26/1989 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
CUSIP ORIGINAL PRINCIPAL INTEREST
CLASS NUMBER FACE VALUE BALANCE DISTRIBUTION
A 319339AG2 79,830,397.26 76,852,609.77 506,704.23
B-1 3,298,776.75 3,290,090.37 21,692.21
B-2 4,838,205.89 4,825,465.88 31,815.25
87,967,379.90 84,968,166.02 560,211.69
ALLOCATION
PRINCIPAL TOTAL NEGATIVE REALIZED
DISTRIBUTION DISTRIBUTION AMORITIZATION LOSSES
835,604.05 1,34,308.28 38,545.82 0.00
1,596.42 23,288.63 1,650.16 0.00
2,341.42 34,156.67 2,420.24 0.00
839,541.89 1,399,753.58 42,616.22 0.00
REMAINING PRINCIPAL
PRINCIPAL BALANCE
BALANCE FACTOR
76,055,551.54 95.271418
3,290,144.11 99.738308
4,825,544.69 99.738308
84,171,240.35
AMOUNTS PER $1,000 UNIT
PRINCIPAL
CUSIP INTEREST PRINCIPAL TOTAL BALANCE AFTER
CLASS NUMBER DISTRIBUTION DISTRIBUTION DISTRIBUTION DISTRIBUTION
A 319339AG2 6.347259 10.467242 16.814501 952.714181
B-1 6.575835 0.483943 7.059778 997.383079
B-2 6.575836 0.483944 7.059780 997.383081
RECORD DATE: 05/31/1989
DISTRIBTUION DATE: 06/26/1989
PRIOR DISTRIBUTION DATE: 05/25/1989
CURRENT MASTER PASS-THROUGH RATE: 8.513700%
NEXT MASTER PASS-THROUGH RATE:
ACCOUNT NUMBER: 11-7-208100
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-423-5041
ADMINISTRATOR: LYNNETTE TAYLOR
SECURITY PACIFIC NATIONAL BANK
333 SOUTH BEAUDRY AVE W24-30
LOS ANGELES, CA 90017
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 6/26/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 2 OF 3
OTHER RELATED INFORMATION
PRINCIPAL PREPAYMENTS DURING THE PRECEDING MONTH:
APPLICABLE TO CLASS A CERTIFICATES
> 798,313.53
APPLICABLE TO CLASS B-1 CERTIFICATES
> 0.00
APPLICABLE TO CLASS B-2 CERTIFICATES
> 0.00
ADVANCES REQUIRED FROM MASTER SERVICER:
PRINCIPAL
> 0.00
INTEREST
> 40,575.58
TOTAL
> 40,575.58
AGGREGATE STATED PRINCIPAL BALANCE OF MORTGAGE LOANS 84
>,171,242.34
SERVICING FEES RECEIVED BY MASTER SERVICER
> 19,215.49
ADDITIONAL SERVICING COMPENSATION RECEIVED BY MASTER SERVICER
> 1,467.01
DELINQUENCIES:
(A) PAYMENTS DELINQUENT ONE MONTH:
NUMBER OF LOANS
> 27
AGGREGATE PRINCIPAL BALANCE 4
>,807,923.96
(B) PAYMENTS DELINQUENT TWO MONTHS:
NUMBER OF LOANS
> 1
AGGREGATE PRINCIPAL BALANCE
> 382,984.28
(C) PAYMENTS DELINQUENT THREE OR MORE MONTHS:
NUMBER OF LOANS
> 0
AGGREGATE PRINCIPAL BALANCE
> 0.00
LOANS ON WHICH FORECLOSURE PROCEEDINGS HAVE COMMENCED:
NUMBER OF LOANS
> 1
AGGREGATE PRINCIPAL BALANCE
> 264,896.51
BOOK VALUE OF REO PROPERTY AS OF PRECEDING MONTH-END
> 0.00
SERVICER ADVANCES RECOVERED
> 66,772.44
SPECIAL HAZARD LOSSES:
CURRENT PERIOD AMOUNT
> 0.00
CUMULATIVE AMOUNT SINCE 10/01/88
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 6/26/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 3 OF 3
OTHER RELATED INFORMATION
PRIOR PERIOD SHORTFALL AMOUNTS INCLUDED IN THE CURRENT DISTRIBUTION:
CLASS A
> 0.00
CLASS B-1
> 0.00
TOTAL
> 0.00
CURRENT CLASS A DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL
> 0.00
CURRENT CLASS B-1 DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL
> 0.00
PERCENTAGES FOR NEXT PERIOD:
CLASS A PERCENTAGE
> 90.358000%
SUBORDINATE PERCENTAGE
> 9.642000%
TOTAL NUMBER OF LOANS IN THE POOL
> 548
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 06/26/1989 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
CUSIP ORIGINAL PRINCIPAL INTEREST
CLASS NUMBER FACE VALUE BALANCE DISTRIBUTION
A 319339AG2 79,830,397.26 76,852,609.77 506,704.23
B-1 3,298,776.75 3,290,090.37 21,692.21
B-2 4,838,205.89 4,825,465.88 31,815.25
87,967,379.90 84,968,166.02 560,211.69
ALLOCATION
PRINCIPAL TOTAL NEGATIVE REALIZED
DISTRIBUTION DISTRIBUTION AMORITIZATION LOSSES
835,604.05 1,34,308.28 38,545.82 0.00
1,596.42 23,288.63 1,650.16 0.00
2,341.42 34,156.67 2,420.24 0.00
839,541.89 1,399,753.58 42,616.22 0.00
REMAINING PRINCIPAL
PRINCIPAL BALANCE
BALANCE FACTOR
76,055,551.54 95.271418
3,290,144.11 99.738308
4,825,544.69 99.738308
84,171,240.35
AMOUNTS PER $1,000 UNIT
PRINCIPAL
CUSIP INTEREST PRINCIPAL TOTAL BALANCE AFTER
CLASS NUMBER DISTRIBUTION DISTRIBUTION DISTRIBUTION DISTRIBUTION
A 319339AG2 6.347259 10.467242 16.814501 952.714181
B-1 6.575835 0.483943 7.059778 997.383079
B-2 6.575836 0.483944 7.059780 997.383081
RECORD DATE: 05/31/1989
DISTRIBTUION DATE: 06/26/1989
PRIOR DISTRIBUTION DATE: 05/25/1989
CURRENT MASTER PASS-THROUGH RATE: 8.513700%
NEXT MASTER PASS-THROUGH RATE:
ACCOUNT NUMBER: 11-7-208100
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-423-5041
ADMINISTRATOR: LYNNETTE TAYLOR
SECURITY PACIFIC NATIONAL BANK
333 SOUTH BEAUDRY AVE W24-30
LOS ANGELES, CA 90017
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 6/26/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 2 OF 3
OTHER RELATED INFORMATION
PRINCIPAL PREPAYMENTS DURING THE PRECEDING MONTH:
APPLICABLE TO CLASS A CERTIFICATES
> 798,313.53
APPLICABLE TO CLASS B-1 CERTIFICATES
> 0.00
APPLICABLE TO CLASS B-2 CERTIFICATES
> 0.00
ADVANCES REQUIRED FROM MASTER SERVICER:
PRINCIPAL
> 0.00
INTEREST
> 40,575.58
TOTAL
> 40,575.58
AGGREGATE STATED PRINCIPAL BALANCE OF MORTGAGE LOANS 84
>,171,242.34
SERVICING FEES RECEIVED BY MASTER SERVICER
> 19,215.49
ADDITIONAL SERVICING COMPENSATION RECEIVED BY MASTER SERVICER
> 1,467.01
DELINQUENCIES:
(A) PAYMENTS DELINQUENT ONE MONTH:
NUMBER OF LOANS
> 27
AGGREGATE PRINCIPAL BALANCE 4
>,807,923.96
(B) PAYMENTS DELINQUENT TWO MONTHS:
NUMBER OF LOANS
> 1
AGGREGATE PRINCIPAL BALANCE
> 382,984.28
(C) PAYMENTS DELINQUENT THREE OR MORE MONTHS:
NUMBER OF LOANS
> 0
AGGREGATE PRINCIPAL BALANCE
> 0.00
LOANS ON WHICH FORECLOSURE PROCEEDINGS HAVE COMMENCED:
NUMBER OF LOANS
> 1
AGGREGATE PRINCIPAL BALANCE
> 264,896.51
BOOK VALUE OF REO PROPERTY AS OF PRECEDING MONTH-END
> 0.00
SERVICER ADVANCES RECOVERED
> 66,772.44
SPECIAL HAZARD LOSSES:
CURRENT PERIOD AMOUNT
> 0.00
CUMULATIVE AMOUNT SINCE 10/01/88
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 6/26/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 3 OF 3
OTHER RELATED INFORMATION
PRIOR PERIOD SHORTFALL AMOUNTS INCLUDED IN THE CURRENT DISTRIBUTION:
CLASS A
> 0.00
CLASS B-1
> 0.00
TOTAL
> 0.00
CURRENT CLASS A DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL
> 0.00
CURRENT CLASS B-1 DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL
> 0.00
PERCENTAGES FOR NEXT PERIOD:
CLASS A PERCENTAGE
> 90.358000%
SUBORDINATE PERCENTAGE
> 9.642000%
TOTAL NUMBER OF LOANS IN THE POOL
> 548
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 07/25/1989 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
CUSIP ORIGINAL PRINCIPAL INTEREST
CLASS NUMBER FACE VALUE BALANCE DISTRIBUTION
A 319339AG2 79,830,397.26 76,055,551.54 512,452.86
B-1 3,298,776.75 3,290,144.11 22,168.58
B-2 4,838,205.89 4,825,544.69 32,513.94
87,967,379.90 84,171,240.35 567,135.38
ALLOCATION
PRINCIPAL TOTAL NEGATIVE REALIZED
DISTRIBUTION DISTRIBUTION AMORITIZATION LOSSES
396,897.42 909,350.28 99,452.08 0.00
485.43 22,654.01 4,302.27 0.00
711.95 33,225.89 6,310.00 0.00
398,094.80 965,230.18 110,064.35 0.00
REMAINING PRINCIPAL
PRINCIPAL BALANCE
BALANCE FACTOR
75,758,106.20 94.898822
3,293,960.95 99.854013
4,831,142.75 99.854013
83,883,209.90
AMOUNTS PER $1,000 UNIT
PRINCIPAL
CUSIP INTEREST PRINCIPAL TOTAL BALANCE AFTER
CLASS NUMBER DISTRIBUTION DISTRIBUTION DISTRIBUTION DISTRIBUTION
A 319339AG2 6.419270 4.971758 11.391028 948.988215
B-1 6.720243 0.147155 6.867398 998.540127
B-2 6.720247 0.147152 6.867399 998.540132
RECORD DATE: 06/30/1989
DISTRIBTUION DATE: 07/25/1989
PRIOR DISTRIBUTION DATE: 06/26/1989
CURRENT MASTER PASS-THROUGH RATE: 9.654600%
NEXT MASTER PASS-THROUGH RATE:
ACCOUNT NUMBER: 11-7-208100
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-423-5041
ADMINISTRATOR: LYNNETTE TAYLOR
SECURITY PACIFIC NATIONAL BANK
333 SOUTH BEAUDRY AVE W24-30
LOS ANGELES, CA 90017
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 7/25/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 2 OF 3
OTHER RELATED INFORMATION
PRINCIPAL PREPAYMENTS DURING THE PRECEDING MONTH:
APPLICABLE TO CLASS A CERTIFICATES
> 385,676.20
APPLICABLE TO CLASS B-1 CERTIFICATES
> 0.00
APPLICABLE TO CLASS B-2 CERTIFICATES
> 0.00
ADVANCES REQUIRED FROM MASTER SERVICER:
PRINCIPAL
> 0.00
INTEREST
> 76,666.60
TOTAL
> 76,666.60
AGGREGATE STATED PRINCIPAL BALANCE OF MORTGAGE LOANS 83
>,883,211.89
SERVICING FEES RECEIVED BY MASTER SERVICER
> 15,478.65
ADDITIONAL SERVICING COMPENSATION RECEIVED BY MASTER SERVICER
> 643.96
DELINQUENCIES:
(A) PAYMENTS DELINQUENT ONE MONTH:
NUMBER OF LOANS
> 51
AGGREGATE PRINCIPAL BALANCE 8
>,919,456.05
(B) PAYMENTS DELINQUENT TWO MONTHS:
NUMBER OF LOANS
> 4
AGGREGATE PRINCIPAL BALANCE
> 856,094.57
(C) PAYMENTS DELINQUENT THREE OR MORE MONTHS:
NUMBER OF LOANS
> 1
AGGREGATE PRINCIPAL BALANCE
> 383,270.90
LOANS ON WHICH FORECLOSURE PROCEEDINGS HAVE COMMENCED:
NUMBER OF LOANS
> 1
AGGREGATE PRINCIPAL BALANCE
> 264,772.79
BOOK VALUE OF REO PROPERTY AS OF PRECEDING MONTH-END
> 0.00
SERVICER ADVANCES RECOVERED
> 28,353.51
SPECIAL HAZARD LOSSES:
CURRENT PERIOD AMOUNT
> 0.00
CUMULATIVE AMOUNT SINCE 10/01/88
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 7/25/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 3 OF 3
OTHER RELATED INFORMATION
PRIOR PERIOD SHORTFALL AMOUNTS INCLUDED IN THE CURRENT DISTRIBUTION:
CLASS A
> 0.00
CLASS B-1
> 0.00
TOTAL
> 0.00
CURRENT CLASS A DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL
> 0.00
CURRENT CLASS B-1 DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL
> 0.00
PERCENTAGES FOR NEXT PERIOD:
CLASS A PERCENTAGE
> 90.314000%
SUBORDINATE PERCENTAGE
> 9.686000%
TOTAL NUMBER OF LOANS IN THE POOL
> 545
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 08/25/1989 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
CUSIP ORIGINAL PRINCIPAL INTEREST
CLASS NUMBER FACE VALUE BALANCE DISTRIBUTION
A 319339AG2 79,830,397.26 75,758,106.20 528,061.66
B-1 3,298,776.75 3,293,960.95 22,960.11
B-2 4,838,205.89 4,831,142.75 33,674.84
87,967,379.90 83,883,209.90 584,696.61
ALLOCATION
PRINCIPAL TOTAL NEGATIVE REALIZED
DISTRIBUTION DISTRIBUTION AMORITIZATION LOSSES
1,187,638.85 1,715,700.51 131,475.79 0.00
460.21 23,420.32 5,716.56 0.00
674.98 34,349.82 8,384.30 0.00
1,188,774.04 1,773,470.65 145,576.65 0.00
REMAINING PRINCIPAL
PRINCIPAL BALANCE
BALANCE FACTOR
74,701,943.14 93.575813
3,299,217.31 100.013355
4,838,852.06 100.013356
82,840,012.51
AMOUNTS PER $1,000 UNIT
PRINCIPAL
CUSIP INTEREST PRINCIPAL TOTAL BALANCE AFTER
CLASS NUMBER DISTRIBUTION DISTRIBUTION DISTRIBUTION DISTRIBUTION
A 319339AG2 6.614794 14.877025 21.491819 935.758128
B-1 6.960189 0.139509 7.099698 1,000.133552
B-2 6.960192 0.139510 7.099702 1,000.133557
RECORD DATE: 07/31/1989
DISTRIBTUION DATE: 08/25/1989
PRIOR DISTRIBUTION DATE: 07/25/1989
CURRENT MASTER PASS-THROUGH RATE: 10.447000%
NEXT MASTER PASS-THROUGH RATE:
ACCOUNT NUMBER: 11-7-208100
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-423-5041
ADMINISTRATOR: MICHAEL EVANS
SECURITY PACIFIC NATIONAL BANK
333 SOUTH BEAUDRY AVE W24-30
LOS ANGELES, CA 90017
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 8/25/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 2 OF 3
OTHER RELATED INFORMATION
PRINCIPAL PREPAYMENTS DURING THE PRECEDING MONTH:
APPLICABLE TO CLASS A CERTIFICATES
> 1,177,054.38
APPLICABLE TO CLASS B-1 CERTIFICATES
> 0.00
APPLICABLE TO CLASS B-2 CERTIFICATES
> 0.00
ADVANCES REQUIRED FROM MASTER SERVICER:
PRINCIPAL
> 0.00
INTEREST
> 78,099.34
TOTAL
> 78,099.34
AGGREGATE STATED PRINCIPAL BALANCE OF MORTGAGE LOANS 82
>,840,014.50
SERVICING FEES RECEIVED BY MASTER SERVICER
> 17,724.50
ADDITIONAL SERVICING COMPENSATION RECEIVED BY MASTER SERVICER
> 0.00
DELINQUENCIES:
(A) PAYMENTS DELINQUENT ONE MONTH:
NUMBER OF LOANS
> 52
AGGREGATE PRINCIPAL BALANCE 8
>,605,471.80
(B) PAYMENTS DELINQUENT TWO MONTHS:
NUMBER OF LOANS
> 6
AGGREGATE PRINCIPAL BALANCE
> 1,055,203.54
(C) PAYMENTS DELINQUENT THREE OR MORE MONTHS:
NUMBER OF LOANS
> 3
AGGREGATE PRINCIPAL BALANCE
> 879,780.00
LOANS ON WHICH FORECLOSURE PROCEEDINGS HAVE COMMENCED:
NUMBER OF LOANS
> 0
AGGREGATE PRINCIPAL BALANCE
> 0.00
BOOK VALUE OF REO PROPERTY AS OF PRECEDING MONTH-END
> 0.00
SERVICER ADVANCES RECOVERED
> 28,353.51
SPECIAL HAZARD LOSSES:
CURRENT PERIOD AMOUNT
> 0.00
CUMULATIVE AMOUNT SINCE 10/01/88
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 8/25/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 3 OF 3
OTHER RELATED INFORMATION
PRIOR PERIOD SHORTFALL AMOUNTS INCLUDED IN THE CURRENT DISTRIBUTION:
CLASS A
> 0.00
CLASS B-1
> 0.00
TOTAL
> 0.00
CURRENT CLASS A DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL
> 0.00
CURRENT CLASS B-1 DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL
> 0.00
PERCENTAGES FOR NEXT PERIOD:
CLASS A PERCENTAGE
> 90.176000%
SUBORDINATE PERCENTAGE
> 9.824000%
TOTAL NUMBER OF LOANS IN THE POOL
> 538
FIRST BOSTON MORTGAGE SECURITIES CORP.
(AMERISTAR FINANCIAL CORPORATION)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
SUBSIDIARY REMIC
DATE: 9/25/89 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 1
DISTRIBUTION SUMMARY
PRINCIPAL
>
> REMAINING
ORIGINAL BALANCE BEFORE I
>NTEREST PRINCIPAL TOTAL DEFERRED REALI
>ZED PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION DIS
>TRIBUTION DISTRIBUTION DISTRIBUTION INTEREST LOSS
>ES BALANCE
REGULAR 87,967,379.90 82,840,012.51
> 582,569.06 2,601,413.02 3,183,982.08 138,622.30
> 0.00 80,377,221.79
RESIDUAL 0.00 0.00
> 17,579.18 0.00 17,579.18 0.00
> 0.00 0.00
87,967,379.90 82,840,012.51
> 600,148.24 2,601,413.02 3,201,561.26 138,622.30
> 0.00 80,377,221.79
RECORD DATE: 8/31/89
AMOUNTS PER $1,000 UNIT
DISTRIBUTION DATE: 9/25/89
PRIOR DISTRIBUTION DATE: 8/25/89
PRINCIPAL
> PRINCIPAL
BALANCE BEFORE INTEREST PRINCIPAL
> TOTAL BALANCE AFTER
CLASS DISTRIBUTION DISTRIBUTION DISTRIBUTION DIS
>TRIBUTION DISTRIBUTION
REGULAR 941.712855 6.622558 29.572474
> 36.195032 913.716219 ACCOUNT NUMBER:
> 11-7-20810-0
RESIDUAL 0.000000 0.199837 0.000000
> 0.199837 0.000000
ADMINISTRATOR: MICHAEL EVANS
SECURITY PACIFIC NATIONAL BANK
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-423-5041
FIRST BOSTON MORTGAGE SECURITIES CORP.
(AMERISTAR FINANCIAL CORPORATION)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
MASTER REMIC
DATE: 9/25/89 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
PRINCIPAL
>
> REMAINING
ORIGINAL BALANCE BEFORE I
>NTEREST PRINCIPAL TOTAL DEFERRED REALIZ
>ED PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION DIS
>TRIBUTION DISTRIBUTION DISTRIBUTION INTEREST LOSSE
>S BALANCE
A 319339 AG2 79,830,397.26 74,701,943.14 525,338.40
> 2,601,413.02 3,126,751.42 125,004.27 0.00 72,225,534.39
B-1 3,298,776.75 3,299,217.31
> 23,201.61 0.00 23,201.61 5,520.82
> 0.00 3,304,738.13
B-2 4,838,205.89 4,838,852.06
> 34,029.05 0.00 34,029.05 8,097.21
> 0.00 4,846,949.27
87,967,379.90 82,840,012.51
> 582,569.06 2,601,413.02 3,183,982.08 138,622.30
> 0.00 80,377,221.79
RECORD DATE: 8/31/1989
AMOUNTS PER $1,000 UNIT
DISTRIBUTION DATE: 09/25/89
> PRIOR DISTRIBUTION DATE:
> 8/25/1989
PRINCIPAL
> PRINCIPAL
BALANCE BEFORE INTEREST PRINCIPAL
> TOTAL BALANCE AFTER CURRENT PASS-THROUGH RATE:
> 10.447000%
CLASS DISTRIBUTION DISTRIBUTION DISTRIBUTION DIS
>TRIBUTION DISTRIBUTION NEXT PASS-THROUGH RATE:
> 10.570000%
A 935.758129 6.580681 32.586748
> 39.167429 904.737254
B-1 1000.133553 7.033398 0.000000
> 7.033398 1001.807149
B-2 1000.133556 7.033403 0.007009
> 7.033403 1001.807153
ACCOUNT NUMBER: 11-7-20810-0
ADMINISTRATOR: MICHAEL EVANS
SECURITY PACIFIC NATIONAL BANK
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-423-5041
FIRST BOSTON MORTGAGE SECURITIES CORP.
(AMERISTAR FINANCIAL CORPORATION)
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 9/25/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 2 OF 3
OTHER RELATED INFORMATION
SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER:
TOTAL SERVICING FEES 19,978.15
LESS: SERVICING FEES APPLIED FOR PREPAYMENT INTEREST
SHORTFALL 0.00
TOTAL SERVICING FEES RECEIVED BY THE MASTER SERVICER 19,978.15
ADDITIONAL SERVICING COMPENSATION 0.00
TOTAL SERVICING COMPENSATION RECEIVED BY THE MASTER
SERVICER 19,978.15
SERVICING FEES PER $1000 OF CERTIFICATE:
CLASS A 0.225672537
CLASS B-1 0.241197639
CLASS B-2 0.241197792
DELINQUENCIES:
(A) ONE MONTHLY PAYMENT:
NUMBER OF LOANS 46
AGGREGATE PRINCIPAL BALANCE 8,241,762.20
(B) TWO MONTHEY PAYMENTS:
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 1,569,687.74
(C) THREE OR MORE MONTHLY PAYMENTS:
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 874,680.51
FORECLOSURES:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0
AGGREGATE STATED PRINCIPAL BALANCE OF MORTGAGE LOANS 80,377,221.79
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 538
PERCENTAGES FOR NEXT PERIOD:
CLASS 89.858212%
SUBORDINATE 10.141788%
FIRST BOSTON MORTGAGE SECURITIES CORP.
(AMERISTAR FINANCIAL CORPORATION)
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 09/25/89 STATEMENT TO CERTIFICATEHOLDER PAGE 3 OF 3
OTHER RELATED INFORMATION
BOOK VALUE OF REO PROPERTY AS OF THE PRECEDING MONTH-END
ADVANCES REQUIRED FROM THE MATER SERVICER:
PRINCIPAL 0.00
INTEREST 76,397.34
TOTAL ADVANCES REQUIRED FROM THE MASTER SERVICER 76,397.34
SERVICER ADVANCES RECOVERED 28,353.51
PRIOR PERIOD SHORTFALL AMOUNTS INCLUDED IN THE CURRENT DISTRIBUTION:
CLASS A
> 0.00
CLASS B-1
> 0.00
TOTAL PRIOR PERIOD SHORTFALL AMOUNTS INCLUDED IN THE CURRENT DISTRIBUTION
> 0.00
CURRENT CLASS A DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL CURRENT CLASS A DISTRIBUTION SHORTFALL
> 0.00
CURRENT CLASS B-1 DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL CURRENT CLASS B-1 DISTRIBUTION SHORTFALL
> 0.00
PRINCIPAL PREPAYMENTS DURING THE PRECEDING MONTH:
APPLICABLE TO CLASS A CERTIFICATES 2,601,413.02
APPLICABLE TO CLASS B-1 CERTIFICATES 0.00
APPLICABLE TO CLASS B-2 CERTIFICATES 0.00
SPECIAL HAZARD LOSSES:
CURRENT PERIOD AMOUNT 0.00
CUMULATIVE AMOUNT SINCE 01/01/89 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP.
(AMERISTAR FINANCIAL CORPORATION)
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 09/25/89 PAGE 1 OF 2
DISTRIBUTION STATEMENT
CERTIFICATE ACCOUNT PROCEEDS 3,201,561.26
SUBSIDIARY TRUST AGGREGATE DISTRIBUTION AMOUNT 3,201,561.26
LESS: SUBSIDIARY REGULAR INTEREST DISTRIBUTION AMOUNT -3,183,982.08
SUBSIDIARY RESIDUAL INTEREST DISTRIBUTION AMOUNT -17,579.18
CERTIFICATE ACCOUNT PROCEEDS BALANCE 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP.
(AMERISTAR FINANCIAL CORPORATION)
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 09/25/89 PAGE 2 OF 2
DISTRIBUTION STATEMENT
MASTER DISTRIBUTION ACCOUNT PROCEEDS 3,183,982.08
MASTER TRUST FUND AGGREGATE DISTRIBUTION AMOUNT 3,183,982.08
LESS: DISTRIBUTION TO CLASS A CERTIFICATEHOLDERS:
CLASS A DISTRIBUTION AMOUNT -3126751.42
OUTSTANDING CLASS A SHORTFALL 0
TOTAL DUE -3126751.42
TOTAL DISTRIBUTION FUNDS ALLOCATED -3126751.42
DISTRIBUTION TO CLASS B-1 CERTIFICATEHOLDERS:
CLASS B-1 DISTRIBUTION AMOUNT -23201.61
OUTSTANDING CLASS B-1 SHORTFALL 0
TOTAL DUE -23201.61
TOTAL DISTRIBUTION FUNDS ALLOCATED -23201.61
DISTRIBUTION TO CLASS B-2 CERTIFICATEHOLDERS:
CLASS B-2 DISTRIBUTION AMOUNT -34029.04957
TOTAL DISTRIBUTION FUNDS ALLOCATED -34029.04957
MASTER TRUST FUND AGGREGATE DISTRIBUTION AMOUNT BALANCE 0
FIRST BOSTON MORTGAGE SECURITIES CORP.
(AMERISTAR FINANCIAL CORPORATION)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
MASTER REMIC
DATE: 10/25/89 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
PRINCIPAL
>
> REMAINING
ORIGINAL BALANCE BEFORE I
>NTEREST PRINCIPAL TOTAL DEFERRED REALIZ
>ED PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION DIS
>TRIBUTION DISTRIBUTION DISTRIBUTION INTEREST LOSSE
>S BALANCE
A 319339 AG2 79,830,397.26 72,225,534.39
> 485,288.51 1,300,095.65 1,785,384.16 151,078.64
> 0.00 71,076,517.38
B-1 3,298,776.75 3,304,738.13
> 22,204.77 23.12 22,227.89 6,912.73
> 0.00 3,311,627.74
B-2 4,838,205.89 4,846,949.27
> 32,566.99 33.91 32,600.90 10,138.66
> 0.00 4,857,054.02
87,967,379.90 80,377,221.79
> 540,060.27 1,300,152.68 1,840,212.95 168,130.03
> 0.00 79,245,199.14
RECORD DATE: 9/30/89
AMOUNTS PER $1,000 UNIT
DISTRIBUTION DATE: 10/25/89
> PRIOR DISTRIBUTION DATE:
> 9/25/89
PRINCIPAL
> PRINCIPAL
BALANCE BEFORE INTEREST PRINCIPAL
> TOTAL BALANCE AFTER CURRENT PASS-THROUGH RATE:
> 10.573000%
CLASS DISTRIBUTION DISTRIBUTION DISTRIBUTION DIS
>TRIBUTION DISTRIBUTION NEXT PASS-THROUGH RATE:
> 10.570000%
A 904.737254 6.078994 16.285722
> 22.364716 890.344027
B-1 1001.807149 6.731213 0.007009
> 6.738222 1003.895683
B-2 1001.807153 6.731213 0.007009
> 6.738222 1003.895686
ACCOUNT NUMBER: 11-7-20810-0
ADMINISTRATOR: MICHAEL EVANS
SECURITY PACIFIC NATIONAL BANK
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-423-5041
FIRST BOSTON MORTGAGE SECURITIES CORP.
(AMERISTAR FINANCIAL CORPORATION)
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 10/25/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 2 OF 3
OTHER RELATED INFORMATION
SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER:
TOTAL SERVICING FEES 20,087.34
LESS: SERVICING FEES APPLIED FOR PREPAYMENT INTEREST
SHORTFALL 0.00
TOTAL SERVICING FEES RECEIVED BY THE MASTER SERVICER 20,087.34
ADDITIONAL SERVICING COMPENSATION 0.00
TOTAL SERVICING COMPENSATION RECEIVED BY THE MASTER
SERVICER 20,087.34
SERVICING FEES PER $1000 OF CERTIFICATE:
CLASS A 0.226106
CLASS B-1 0.250365
CLASS B-2 0.250365
DELINQUENCIES:
(A) ONE MONTHLY PAYMENT:
NUMBER OF LOANS 52
AGGREGATE PRINCIPAL BALANCE 7,943,343.54
(B) TWO MONTHEY PAYMENTS:
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 927,597.30
(C) THREE OR MORE MONTHLY PAYMENTS:
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 899,023.19
FORECLOSURES:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0
AGGREGATE STATED PRINCIPAL BALANCE OF MORTGAGE LOANS 79,245,199.14
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 522
PERCENTAGES FOR NEXT PERIOD:
CLASS 89.691891%
SUBORDINATE 10.308109%
FIRST BOSTON MORTGAGE SECURITIES CORP.
(AMERISTAR FINANCIAL CORPORATION)
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 10/25/89 STATEMENT TO CERTIFICATEHOLDER PAGE 3 OF 3
OTHER RELATED INFORMATION
BOOK VALUE OF REO PROPERTY AS OF THE PRECEDING MONTH-END
ADVANCES REQUIRED FROM THE MATER SERVICER:
PRINCIPAL 0
INTEREST 57,691.92
TOTAL ADVANCES REQUIRED FROM THE MASTER SERVICER 57,691.92
SERVICER ADVANCES RECOVERED 28,353.51
PRIOR PERIOD SHORTFALL AMOUNTS INCLUDED IN THE CURRENT DISTRIBUTION:
CLASS A
> 0.00
CLASS B-1
> 0.00
TOTAL PRIOR PERIOD SHORTFALL AMOUNTS INCLUDED IN THE CURRENT DISTRIBUTION
> 0.00
CURRENT CLASS A DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL CURRENT CLASS A DISTRIBUTION SHORTFALL
> 0.00
CURRENT CLASS B-1 DISTRIBUTION SHORTFALL:
PRINCIPAL
> 0.00
INTEREST
> 0.00
TOTAL CURRENT CLASS B-1 DISTRIBUTION SHORTFALL
> 0.00
PRINCIPAL PREPAYMENTS DURING THE PRECEDING MONTH:
APPLICABLE TO CLASS A CERTIFICATES 1,299,590.33
APPLICABLE TO CLASS B-1 CERTIFICATES 0.00
APPLICABLE TO CLASS B-2 CERTIFICATES 0.00
SPECIAL HAZARD LOSSES:
CURRENT PERIOD AMOUNT 0.00
CUMULATIVE AMOUNT SINCE 01/01/89 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP.
(AMERISTAR FINANCIAL CORPORATION)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
MASTER REMIC
DATE: 11/27/89 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
PRINCIPAL
>
> REMAINING
ORIGINAL BALANCE BEFORE I
>NTEREST PRINCIPAL TOTAL DEFERRED REALIZ
>ED PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION DIS
>TRIBUTION DISTRIBUTION DISTRIBUTION INTEREST LOSSE
>S BALANCE
A 319339 AG2 79,830,397.26 71,076,517.38
> 476,981.66 2,668,851.28 3,145,832.94 149,261.69
> 0.00 68,556,927.79
B-1 3,298,776.75 3,311,627.74
> 22,223.73 28.38 22,252.11 6,954.47
> 0.00 3,318,553.83
B-2 4,838,205.89 4,857,054.02
> 32,594.81 41.61 32,636.42 10,199.88
> 0.00 4,867,212.29
87,967,379.90 79,245,199.14
> 531,800.20 2,668,921.27 3,200,721.47 166,416.04
> 0.00 76,742,693.91
RECORD DATE: 10/31/1989
AMOUNTS PER $1,000 UNIT
DISTRIBUTION DATE: 11/27/1989
> PRIOR DISTRIBUTION DATE:
> 10/25/1989
PRINCIPAL
> PRINCIPAL
BALANCE BEFORE INTEREST PRINCIPAL
> TOTAL BALANCE AFTER CURRENT PASS-THROUGH RATE:
> 10.573000%
CLASS DISTRIBUTION DISTRIBUTION DISTRIBUTION DIS
>TRIBUTION DISTRIBUTION NEXT PASS-THROUGH RATE:
> 10.412000%
A 890.344027 5.974938 33.431517
> 39.406455 858.782245
B-1 1003.895683 6.736961 0.008603
> 6.745564 1005.995277
B-2 1003.895686 6.736963 0.008600
> 6.745563 1005.995280
ACCOUNT NUMBER: 11-7-20810-0
ADMINISTRATOR: MICHAEL EVANS
SECURITY PACIFIC NATIONAL BANK
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-423-5041
FIRST BOSTON MORTGAGE SECURITIES CORP.
(AMERISTAR FINANCIAL CORPORATION)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 11/27/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 2 OF 3
OTHER RELATED INFORMATION
SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER:
TOTAL SERVICING FEES 18,303.68
LESS: SERVICING FEES APPLIED FOR PREPAYMENT INTEREST
SHORTFALL 0.00
TOTAL SERVICING FEES RECEIVED BY THE MASTER SERVICER 18,303.68
ADDITIONAL SERVICING COMPENSATION 0.00
TOTAL SERVICING COMPENSATION RECEIVED BY THE MASTER
SERVICER
> 18,303.68
SERVICING FEES PER $1,000 OF CERTIFICATE:
CLASS A
> 0.205647
CLASS B-1
> 0.231875
CLASS B-2
> 0.231875
DELINQUENCIES:
(A) ONE MONTHLY PAYMENT:
NUMBER OF LOANS
> 49
AGGREGATE PRINCIPAL BALANCE 7
>,980,091.71
(B) TWO MONTHLY PAYMENTS:
NUMBER OF LOANS
> 12
AGGREGATE PRINCIPAL BALANCE 2
>,408,334.08
(C) THREE OR MORE MONTHLY PAYMENTS:
NUMBER OF LOANS
> 6
AGGREGATE PRINCIPAL BALANCE 1
>,060,748.63
FORECLOSURES:
NUMBER OF LOANS
> 0
AGGREGATE PRINCIPAL BALANCE
> 0
AGGREGATE STATED PRINCIPAL BALANCE OF MORTGAGE LOANS 76
>,742,693.91
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE
> 513
PERCENTAGES FOR NEXT PERIOD:
CLASS A
> 89.333491%
SUBORDINATE
> 10.666509%
FIRST BOSTON MORTGAGE SECURITIES CORP.
(AMERISTAR FINANCIAL CORPORATION)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 11/27/1989 STATEMENT TO CERTIFICATEHOLDER PAGE 3 OF 3
OTHER RELATED INFORMATION
BOOK VALUE OF REO PROPERTY AS OF THE PRECEDING MONTH-END
> 0
ADVANCES REQUIRED FROM THE MASTER SERVICER:
PRINCIPAL 0.00
INTEREST 84,292.53
TOTAL ADVANCES REQUIRED FROM THE MASTER SERVICER
> 84,292.53
SERVICER ADVANCES RECOVERED
> 36,554.21
PRIOR PERIOD SHORTFALL AMOUNTS INCLUDED IN THE CURRENT
DISTRIBUTION:
CLASS A 0.00
CLASS B-1 0.00
TOTAL PRIOR PERIOD SHORTFALL AMOUNTS INCLUDED IN THE
CURRENT DISTRIBUTION
> 0.00
CURRENT CLASS A DISTRIBUTION SHORTFALL:
PRINCIPAL 0.00
INTEREST 0.00
TOTAL CURRENT CLASS A DISTRIBUTION SHORTFALL
> 0.00
CURRENT CLASS B-1 DISTRIBUTION SHORTFALL:
PRINCIPAL 0.00
INTEREST 0.00
TOTAL CURRENT CLASS B-1 DISTRIBUTION SHORTFALL
> 0.00
PRINCIPAL PREPAYMENTS DURING THE PRECEDING MONTH:
APPLICABLE TO CLASS A CERTIFICATES 2
>,668,242.26
APPLICABLE TO CLASS B-1 CERTIFICATES
> 0.00
APPLICABLE TO CLASS B-2 CERTIFICATES
> 0.00
SPECIAL HAZARD LOSSES:
CURRENT PERIOD AMOUNT
> 0.00
CUMULATIVE AMOUNT SINCE 01/01/89
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP.
(AMERISTAR FINANCIAL CORPORATION)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
MASTER REMIC
DATE: 12/26/89 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
PRINCIPAL
>
> REMAINING
ORIGINAL BALANCE BEFORE I
>NTEREST PRINCIPAL TOTAL DEFERRED REALIZ
>ED PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION DIS
>TRIBUTION DISTRIBUTION DISTRIBUTION INTEREST LOSSE
>S BALANCE
A 319339 AG2 79,830,397.26 68,556,927.79
> 468,271.06 2,050,514.60 2,518,785.66 126,631.68
> 0.00 66,633,044.87
B-1 3,298,776.75 3,318,553.83
> 22,667.04 10.53 22,677.57 6,129.71
> 0.00 3,324,673.01
B-2 4,838,205.89 4,867,212.29
> 33,245.00 15.45 33,260.45 8,990.24
> 0.00 4,876,187.08
87,967,379.90 76,742,693.91
> 524,183.10 2,050,540.58 2,574,723.68 141,751.63
> 0.00 74,833,904.96
RECORD DATE: 11/30/1989
AMOUNTS PER $1,000 UNIT
DISTRIBUTION DATE: 12/26/1989
> PRIOR DISTRIBUTION DATE:
> 11/27/1989
PRINCIPAL
> PRINCIPAL
BALANCE BEFORE INTEREST PRINCIPAL
> TOTAL BALANCE AFTER CURRENT PASS-THROUGH RATE:
> 10.413000%
CLASS DISTRIBUTION DISTRIBUTION DISTRIBUTION DIS
>TRIBUTION DISTRIBUTION NEXT PASS-THROUGH RATE:
> 10.457000%
A 858.782245 5.865824 25.685887
> 31.551711 834.682617
B-1 1005.995277 6.871347 0.003192
> 6.874539 1007.850261
B-2 1005.995280 6.871348 0.003193
> 6.874541 1007.850263
ACCOUNT NUMBER: 11-7-20810-0
ADMINISTRATOR: MICHAEL EVANS
SECURITY PACIFIC NATIONAL BANK
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-423-5041
FIRST BOSTON MORTGAGE SECURITIES CORP.
(AMERISTAR FINANCIAL CORPORATION)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1989-2
DATE: 12/26/89 STATEMENT TO CERTIFICATEHOLDER PAGE 2 OF 3
OTHER RELATED INFORMATION
SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER:
TOTAL SERVICING FEES 18,434.40
LESS: SERVICING FEES APPLIED FOR PREPAYMENT INTEREST
SHORTFALL 0.00
TOTAL SERVICING FEES RECEIVED BY THE MASTER SERVICER 18,434.40
ADDITIONAL SERVICING COMPENSATION 0.00
TOTAL SERVICING COMPENSATION RECEIVED BY THE MASTER
SERVICER
> 18,434.40
SERVICING FEES PER $1,000 OF CERTIFICATE:
CLASS A
> 0.206289
CLASS B-1
> 0.241651
CLASS B-2
> 0.241651
DELINQUENCIES:
(A) ONE MONTHLY PAYMENT:
NUMBER OF LOANS
> 56
AGGREGATE PRINCIPAL BALANCE 9
>,629,129.83
(B) TWO MONTHLY PAYMENTS:
NUMBER OF LOANS
> 10
AGGREGATE PRINCIPAL BALANCE 1
>,587,975.86
(C) THREE OR MORE MONTHLY PAYMENTS:
NUMBER OF LOANS
> 4
AGGREGATE PRINCIPAL BALANCE
> 694,471.22
FORECLOSURES:
NUMBER OF LOANS
> 0
AGGREGATE PRINCIPAL BALANCE
> 0
AGGREGATE STATED PRINCIPAL BALANCE OF MORTGAGE LOANS 74
>,833,904.96
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE
> 497
PERCENTAGES FOR NEXT PERIOD:
CLASS A
> 89.041251%
SUBORDINATE
> 10.958749%
FIRST BOSTON MORTGAGE SECURITIES C
>ORP.
(AMERISTAR FINANCIAL CORPORATION)
>
CONDUIT MORTGAGE PASS-THROUGH CERT
>IFICATES
SERIES 1989-2
DATE: 12/26/89 STATEMENT TO CERTIFICATEHOLDER PAGE 3 OF 3
OTHER RELATED INFORMATION
BOOK VALUE OF REO PROPERTY AS OF THE PRECEDING MONTH-END
> 0
ADVANCES REQUIRED FROM THE MASTER SERVICER:
PRINCIPAL 0.00
INTEREST 89,854.83
TOTAL ADVANCES REQUIRED FROM THE MASTER SERVICER
> 89,854.83
SERVICER ADVANCES RECOVERED
> 89,641.67
PRIOR PERIOD SHORTFALL AMOUNTS INCLUDED IN THE CURRENT
DISTRIBUTION:
CLASS A 0.00
CLASS B-1 0.00
TOTAL PRIOR PERIOD SHORTFALL AMOUNTS INCLUDED IN THE
CURRENT DISTRIBUTION
> 0.00
CURRENT CLASS A DISTRIBUTION SHORTFALL:
PRINCIPAL 0.00
INTEREST 0.00
TOTAL CURRENT CLASS A DISTRIBUTION SHORTFALL
> 0.00
CURRENT CLASS B-1 DISTRIBUTION SHORTFALL:
PRINCIPAL 0.00
INTEREST 0.00
TOTAL CURRENT CLASS B-1 DISTRIBUTION SHORTFALL
> 0.00
PRINCIPAL PREPAYMENTS DURING THE PRECEDING MONTH:
APPLICABLE TO CLASS A CERTIFICATES 2
>,050,297.06
APPLICABLE TO CLASS B-1 CERTIFICATES
> 0.00
APPLICABLE TO CLASS B-2 CERTIFICATES
> 0.00
SPECIAL HAZARD LOSSES:
CURRENT PERIOD AMOUNT
> 0.00
CUMULATIVE AMOUNT SINCE 01/01/89
> 0.00
