February 10, 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 1993-5; File No. 333-53115.
Ladies and Gentlemen:
Enclosed herewith for filing on behalf of First Boston Mortgage
Securities Corp., as depositor under a series 1993-5 Pooling and
Servicing Agreement dated as of July 1, 1993, providing for, among
other things, the issuance of Conduit Mortgage Pass-Through
Certificates, Series 1993-5 is a Current Report on Form 8-K.
The Conduit Mortgage Pass-Through Certificates, Series 1993-5 (the
"Certificates") will be comprised of Interest-Only Class X, Principal
Only Class P, Classes A-1 through A-15, Class A-R, Class M-1, Class
M-2, Class B-1, Class B-2, and the Subordinated Class B-3, Class B-4
and Class B-5 Certificates (collectively with the Class B-1 and Class
B-2 Certificates, the "Class B Certificates"). It is a condition to
their issuance that the Class X, Class P, Class A-1 through Class
A-15 and Class A-R (collectively, the "Class A Certificates") and
Class M-1 Certificates be rated "AAA" by Fitch Investors Service,
Inc. ("Fitch") and "Aaa" by Moody's Investors Service, Inc.
("Moody's"), that the Class M-2 Certificates be rated "AA" by Fitch,
that the Class B-1 Certificates be rated "A" by Fitch and that the
Class B-2 Certificates be rated "BBB" by Fitch. Accordingly, the
Class B-1 and Class B-2 Certificates will not constitute "mortgage
related securities" for purposes of the Secondary Mortgage Market
Enhancement Act of 1984, as amended.
The Certificates evidence beneficial ownership interests in a trust
fund (the "Trust Fund") to be created by First Boston Mortgage
Securities Corp. (the "Depositor"), which will consist primarily of a
pool of conventional 30-year, fully-amortizing, fixed-rate mortgage
loans (the "Mortgage Loans") secured by first liens on one- to four-
family, residential real properties. The Mortgage Loans were
originated by or acquired by Countrywide Funding Corporation
("Countrywide") and will be purchased by the Depositor from First
Boston Mortgage Capital Corp., an affiliate of the Depositor. The
Mortgage Loans are more fully described under "Description of the
Mortgage Pool and the Underlying Mortgaged Properties" in the
Prospectus Supplement dated July 22, 1993.
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 1993-5.
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, 1993
First Boston Mortgage Securities Corp.
(as depositor under the Pooling and Servicing Agreement, dated
as of July 1, 1993, providing for the issuance of Conduit
Mortgage Pass-Through Certificates, Series, 1993-5).
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates, Series 1993-5
(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.)
Park Avenue Plaza
New York, New York 10055
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (212) 909-7537
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
August 25, 1993.
Monthly Remittance Statement to the Certificateholders dated as of
September 27, 1993.
Monthly Remittance Statement to the Certificateholders dated as of
October 25, 1993.
Monthly Remittance Statement to the Certificateholders dated as of
November 26, 1993.
Monthly Remittance Statement to the Certificateholders dated as of
December 27, 1993.
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 July 1, 1993.
Date: February 10, 1999 By: /s/ Judy L. Gomez
Judy L. Gomez
Assistant Vice President
EXHIBIT INDEX
Monthly Remittance Statement to the Certificateholders dated as of
August 25, 1993.
Monthly Remittance Statement to the Certificateholders dated as of
September 27, 1993.
Monthly Remittance Statement to the Certificateholders dated as of
October 25, 1993.
Monthly Remittance Statement to the Certificateholders dated as of
November 26, 1993.
Monthly Remittance Statement to the Certificateholders dated as of
December 27, 1993.
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
REMIC I DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
X 0.00 0.00 66,747.18
> 0.00 66,747.18 0.00 0.00 0.00
P 2,372,409.00 2,372,409.00 0.00
> 2,475.97 2,475.97 0.00 0.00 2,369,933.03
A-1 54,315,000.00 54,315,000.00 330,416.25 1
>,199,673.34 1,530,089.59 0.00 0.00 53,115,326.66
A-2 39,042,000.00 39,042,000.00 237,505.50
> 0.00 237,505.50 0.00 0.00 39,042,000.00
A-3 43,520,000.00 43,520,000.00 255,680.00
> 0.00 255,680.00 0.00 0.00 43,520,000.00
A-4 6,400,000.00 6,400,000.00 48,000.00
> 0.00 48,000.00 0.00 0.00 6,400,000.00
A-5 58,126,000.00 58,126,000.00 353,599.83
> 0.00 353,599.83 0.00 0.00 58,126,000.00
A-6 8,400,000.00 8,400,000.00 42,875.00
> 0.00 42,875.00 0.00 0.00 8,400,000.00
A-7 14,100,000.00 14,100,000.00 94,000.00
> 0.00 94,000.00 0.00 0.00 14,100,000.00
A-8 11,070,000.00 11,070,000.00 67,342.50
> 0.00 67,342.50 0.00 0.00 11,070,000.00
A-9 31,136,000.00 31,136,000.00 189,410.67
> 0.00 189,410.67 0.00 0.00 31,136,000.00
A-10 12,750,000.00 12,750,000.00 77,562.50
> 0.00 77,562.50 0.00 0.00 12,750,000.00
A-11 1,601,000.00 1,601,000.00 9,739.42
> 0.00 9,739.42 0.00 0.00 1,601,000.00
A-12 3,271,000.00 3,271,000.00 0.00
> 0.00 0.00 0.00 19,898.58 3,290,898.58
A-13 1,185,000.00 1,185,000.00 7,208.75
> 19,898.58 27,107.33 0.00 0.00 1,165,101.42
A-14 988,000.00 988,000.00 6,010.33
> 0.00 6,010.33 0.00 0.00 988,000.00
A-15 4,784,000.00 4,784,000.00 29,102.67
> 0.00 29,102.67 0.00 0.00 4,784,000.00
A-R 341,000.00 341,000.00 2,074.42
> 341,000.00 343,074.42 0.00 0.00 0.00
M-1 32,599,000.00 32,599,000.00 198,310.58
> 172,575.28 370,885.86 0.00 0.00 32,426,424.72
M-2 8,670,000.00 8,670,000.00 52,742.50
> 6,102.41 58,844.91 0.00 0.00 8,663,897.59
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
X 319339CW5 0.000000 0.019246
> 0.000000 0.019246 0.000000 0.230952% 0.229439%
P 319339CX3 1,000.000000 0.000000
> 1.043652 1.043652 998.956348NA NA
A-1 319339DB0 1,000.000000 6.083333
> 22.087330 28.170664 977.912670 7.300000% 7.300000%
A-2 319339DF1 1,000.000000 6.083333
> 0.000000 6.083333 1,000.000000 7.300000% 7.300000%
A-3 319339CZ8 1,000.000000 5.875000
> 0.000000 5.875000 1,000.000000 7.050000% 7.050000%
A-4 319339DQ7 1,000.000000 7.500000
> 0.000000 7.500000 1,000.000000 9.000000% 9.000000%
A-5 319339DG9 1,000.000000 6.083333
> 0.000000 6.083333 1,000.000000 7.300000% 7.300000%
A-6 319339CY1 1,000.000000 5.104167
> 0.000000 5.104167 1,000.000000 6.125000% 6.125000%
A-7 319339DP9 1,000.000000 6.666667
> 0.000000 6.666667 1,000.000000 8.000000% 8.000000%
A-8 319339DH7 1,000.000000 6.083333
> 0.000000 6.083333 1,000.000000 7.300000% 7.300000%
A-9 319339DJ3 1,000.000000 6.083333
> 0.000000 6.083333 1,000.000000 7.300000% 7.300000%
A-10 319339DC8 1,000.000000 6.083333
> 0.000000 6.083333 1,000.000000 7.300000% 7.300000%
A-11 319339DD6 1,000.000000 6.083335
> 0.000000 6.083335 1,000.000000 7.300000% 7.300000%
A-12 319339DE4 1,000.000000 0.000000
> 0.000000 0.000000 1,006.083332 7.300000% 7.300000%
A-13 319339CT2 1,000.000000 6.083333
> 16.792051 22.875384 983.207949 7.300000% 7.300000%
A-14 319339CV7 1,000.000000 6.083330
> 0.000000 6.083330 1,000.000000 7.300000% 7.300000%
A-15 319339CU9 1,000.000000 6.083334
> 0.000000 6.083334 1,000.000000 7.300000% 7.300000%
A-R 319339ZY3 1,000.000000 6.083343 1
>,000.000000 1,006.083343 0.000000 7.300000% 7.300000%
M-1 319339DM6 1,000.000000 6.083333
> 5.293883 11.377216 994.706117 7.300000% 7.300000%
M-2 319339DN4 1,000.000000 6.083333
> 0.703854 6.787187 999.296146 7.300000% 7.300000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR:Jennifer Cunningham
SERVICER: Countrywide Funding Corporation
> Bankers Trust Company
LEAD UNDERWRITER: The First Boston Corporation
> 3 Park Plaza
RECORD DATE: 30-Jul-93
> Irvine, CA 92714
DISTRIBUTION DATE: 25-Aug-93
> FACTOR INFORMATION: (800) 735-7777
Page 1 of 4
> (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
B-1 4,335,000.00 4,335,000.00 26,371.25
> 3,051.20 29,422.45 0.00 0.00 4,331,948.80
B-2 3,468,000.00 3,468,000.00 21,097.00
> 2,440.96 23,537.96 0.00 0.00 3,465,559.04
B-3 2,080,000.00 2,080,000.00 12,653.33
> 1,464.01 14,117.34 0.00 0.00 2,078,535.99
B-4 1,040,000.00 1,040,000.00 6,326.67
> 732.01 7,058.68 0.00 0.00 1,039,267.99
B-5 1,217,297.00 1,217,297.00 7,405.22
> 856.80 8,262.02 0.00 0.00 1,216,440.20
TOTALS 346,810,706.00 346,810,706.00 2,142,181.57 1
>,750,270.56 3,892,452.13 0.00 19,898.58 345,080,334.02
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
B-1 319339DK0 1,000.000000 6.083333
> 0.703852 6.787186 999.296148 7.300000% 7.300000%
B-2 319339DL8 1,000.000000 6.083333
> 0.703852 6.787186 999.296148 7.300000% 7.300000%
B-3 319339ZY6 1,000.000000 6.083332
> 0.703851 6.787183 999.296149 7.300000% 7.300000%
B-4 319339ZY5 1,000.000000 6.083337
> 0.703856 6.787192 999.296144 7.300000% 7.300000%
B-5 319339ZY4 1,000.000000 6.083331
> 0.703855 6.787185 999.296145 7.300000% 7.300000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATORJennifer Cunningham
SERVICER: Countrywide Funding Corporation
> Bankers Trust Company
LEAD UNDERWRITER: The First Boston Corporation
> 3 Park Plaza
RECORD DATE: 30-Jul-93
> Irvine, CA 92714
DISTRIBUTION DATE: 25-Aug-93
> FACTOR INFORMATION: (800) 735-7777
>Page 2 of 4 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
DISTRIBUTION DATE: 25-Aug-93
ACCRUED SERVICING FEE FOR THE CURRENT PERIOD:
> 72,252.23
PLUS ADDITIONAL SERVICING FEES:
> 0.00
LESS PERMITTED REDUCTIONS TO SERVICING FEES:
> 0.00
TOTAL SERVICING FEES DUE MASTER SERVICER:
> 72,252.23
COLLECTED SERVICING FEES FOR CURRENT PERIOD:
> 72,252.23
P & I ADVANCES BY THE SERVICER
> 0.00
DELINQUENT AND ONE TWO
> THREE + LOANS
FORECLOSURE LOAN MONTHLY MONT
>HLY MONTHLY IN
INFORMATION PAYMENT PAYM
>ENTS PAYMENTS FORECLOSURE
PRINCIPAL BALANCE 0.00
> 0.00 0.00 0.00
NUMBER OF LOANS 0.00
> 0.00 0.00 0.00
BOOK VALUE OF REO PROPERTY:
> (SEE ATTACHMENTS IF ANY)
CURRENT PERIOD SCHEDULED PRINCIPAL BALANCE OF LOANS:
> 345,080,334.02
PRINCIPAL:
> 244,265.00
PRINCIPAL PREPAYMENTS:
> 1,486,106.98
ADVANCED PRINCIPAL:
> 0.00
INTEREST:
> 2,167,860.33
ADVANCED INTEREST:
> 0.00
RECOVERED MONTHLY ADVANCES:
> 0.00
TAX IMPOSED ON "PROHIBITED TRANSACTION":
> 0.00
>Page 3 of 4 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
DISTRIBUTION DATE: 25-Aug-93
REALIZED LOSSES WITH RESPECT TO CLASS CUMULATIVE INTEREST SHORTFALL AMOUNTS:
CLASS X
> 0.00
CLASS A-1
> 0.00
CLASS A-2
> 0.00
CLASS A-3
> 0.00
CLASS A-4
> 0.00
CLASS A-5
> 0.00
CLASS A-6
> 0.00
CLASS A-7
> 0.00
CLASS A-8
> 0.00
CLASS A-9
> 0.00
CLASS A-10
> 0.00
CLASS A-11
> 0.00
CLASS A-12
> 0.00
CLASS A-13
> 0.00
CLASS A-14
> 0.00
CLASS A-15
> 0.00
CLASS A-R
> 0.00
CLASS M-1
> 0.00
CLASS M-2
> 0.00
CLASS B-1
> 0.00
CLASS B-2
> 0.00
CLASS B-3
> 0.00
CLASS B-4
> 0.00
CLASS B-5
> 0.00
Page 4 of 4 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
REMIC I DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
X 0.00 0.00 65,978.97
> 0.00 65,978.97 0.00 0.00 0.00
P 2,372,409.00 2,369,933.03 0.00
> 2,369.04 2,369.04 0.00 0.00 2,367,563.99
A-1 54,315,000.00 53,115,326.66 323,118.24 14
>,622,441.90 14,945,560.14 0.00 0.00 38,492,884.76
A-2 39,042,000.00 39,042,000.00 237,505.50
> 0.00 237,505.50 0.00 0.00 39,042,000.00
A-3 43,520,000.00 43,520,000.00 255,680.00
> 0.00 255,680.00 0.00 0.00 43,520,000.00
A-4 6,400,000.00 6,400,000.00 48,000.00
> 0.00 48,000.00 0.00 0.00 6,400,000.00
A-5 58,126,000.00 58,126,000.00 353,599.83
> 0.00 353,599.83 0.00 0.00 58,126,000.00
A-6 8,400,000.00 8,400,000.00 42,875.00
> 0.00 42,875.00 0.00 0.00 8,400,000.00
A-7 14,100,000.00 14,100,000.00 94,000.00
> 0.00 94,000.00 0.00 0.00 14,100,000.00
A-8 11,070,000.00 11,070,000.00 67,342.50
> 0.00 67,342.50 0.00 0.00 11,070,000.00
A-9 31,136,000.00 31,136,000.00 189,410.67
> 0.00 189,410.67 0.00 0.00 31,136,000.00
A-10 12,750,000.00 12,750,000.00 77,562.50
> 0.00 77,562.50 0.00 0.00 12,750,000.00
A-11 1,601,000.00 1,601,000.00 9,739.42
> 0.00 9,739.42 0.00 0.00 1,601,000.00
A-12 3,271,000.00 3,290,898.58 0.00
> 0.00 0.00 0.00 20,019.63 3,310,918.21
A-13 1,185,000.00 1,165,101.42 7,087.70
> 20,019.63 27,107.33 0.00 0.00 1,145,081.79
A-14 988,000.00 988,000.00 6,010.33
> 0.00 6,010.33 0.00 0.00 988,000.00
A-15 4,784,000.00 4,784,000.00 29,102.67
> 0.00 29,102.67 0.00 0.00 4,784,000.00
A-R 341,000.00 0.00 0.00
> 0.00 0.00 0.00 0.00 0.00
M-1 32,599,000.00 32,426,424.72 197,260.75 1
>,637,902.01 1,835,162.76 0.00 0.00 30,788,522.71
M-2 8,670,000.00 8,663,897.59 52,705.38
> 5,925.99 58,631.37 0.00 0.00 8,657,971.60
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
X 319339CW5 0.000000 0.190245
> 0.000000 0.190245 0.000000 0.229439% 0.218688%
P 319339CX3 998.956348 0.000000
> 0.998580 0.998580 997.957768NA NA
A-1 319339DB0 977.912670 5.948969
> 269.215537 275.164506 708.697133 7.300000% 7.300000%
A-2 319339DF1 1,000.000000 6.083333
> 0.000000 6.083333 1,000.000000 7.300000% 7.300000%
A-3 319339CZ8 1,000.000000 5.875000
> 0.000000 5.875000 1,000.000000 7.050000% 7.050000%
A-4 319339DQ7 1,000.000000 7.500000
> 0.000000 7.500000 1,000.000000 9.000000% 9.000000%
A-5 319339DG9 1,000.000000 6.083333
> 0.000000 6.083333 1,000.000000 7.300000% 7.300000%
A-6 319339CY1 1,000.000000 5.104167
> 0.000000 5.104167 1,000.000000 6.125000% 6.125000%
A-7 319339DP9 1,000.000000 6.666667
> 0.000000 6.666667 1,000.000000 8.000000% 8.000000%
A-8 319339DH7 1,000.000000 6.083333
> 0.000000 6.083333 1,000.000000 7.300000% 7.300000%
A-9 319339DJ3 1,000.000000 6.083333
> 0.000000 6.083333 1,000.000000 7.300000% 7.300000%
A-10 319339DC8 1,000.000000 6.083333
> 0.000000 6.083333 1,000.000000 7.300000% 7.300000%
A-11 319339DD6 1,000.000000 6.083335
> 0.000000 6.083335 1,000.000000 7.300000% 7.300000%
A-12 319339DE4 1,006.083332 0.000000
> 0.000000 0.000000 1,012.203672 7.300000% 7.300000%
A-13 319339CT2 983.207949 5.981181
> 16.894203 22.875384 966.313747 7.300000% 7.300000%
A-14 319339CV7 1,000.000000 6.083330
> 0.000000 6.083330 1,000.000000 7.300000% 7.300000%
A-15 319339CU9 1,000.000000 6.083334
> 0.000000 6.083334 1,000.000000 7.300000% 7.300000%
A-R 319339ZY3 0.000000 0.000000
> 0.000000 0.000000 0.000000 7.300000% 7.300000%
M-1 319339DM6 994.706117 6.051129
> 50.243934 56.295063 944.462183 7.300000% 7.300000%
M-2 319339DN4 999.296146 6.079052
> 0.683505 6.762557 998.612641 7.300000% 7.300000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR:Jennifer Cunningham
SERVICER: Countrywide Funding Corporation
> Bankers Trust Company
LEAD UNDERWRITER: The First Boston Corporation
> 3 Park Plaza
RECORD DATE: 31-Aug-93
> Irvine, CA 92714
DISTRIBUTION DATE: 27-Sep-93
> FACTOR INFORMATION: (800) 735-7777
Page 1 of 4
> (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
B-1 4,335,000.00 4,331,948.80 26,352.69
> 2,963.00 29,315.69 0.00 0.00 4,328,985.80
B-2 3,468,000.00 3,465,559.04 21,082.15
> 2,370.40 23,452.55 0.00 0.00 3,463,188.64
B-3 2,080,000.00 2,078,535.99 12,644.43
> 1,421.69 14,066.12 0.00 0.00 2,077,114.30
B-4 1,040,000.00 1,039,267.99 6,322.21
> 710.85 7,033.06 0.00 0.00 1,038,557.14
B-5 1,217,297.00 1,216,440.20 7,400.01
> 832.02 8,232.03 0.00 0.00 1,215,608.18
TOTALS 346,810,706.00 345,080,334.02 2,130,780.95 16
>,296,956.53 18,427,737.48 0.00 20,019.63 328,803,397.12
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
B-1 319339DK0 999.29614 6.079052
> 0.683506 6.762558 998.612641 7.300000% 7.300000%
B-2 319339DL8 999.29614 6.079051
> 0.683506 6.762558 998.612641 7.300000% 7.300000%
B-3 319339ZY6 999.29614 6.079053
> 0.683505 6.762558 998.612644 7.300000% 7.300000%
B-4 319339ZY5 999.29614 6.079048
> 0.68351 6.762558 998.612635 7.300000% 7.300000%
B-5 319339ZY4 999.29614 6.079051
> 0.683498 6.762548 998.612648 7.300000% 7.300000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Jennifer Cunningham
SERVICER: Countrywide Funding Corporation
> Bankers Trust Company
LEAD UNDERWRITER: The First Boston Corporation
> 3 Park Plaza
RECORD DATE: 31-Aug-93
> Irvine, CA 92714
DISTRIBUTION DATE: 27-Sep-93
> FACTOR INFORMATION: (800) 735-7777
>Page 2 of 4 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
DISTRIBUTION DATE: 27-Sep-93
ACCRUED SERVICING FEE FOR THE CURRENT PERIOD:
> 71,891.74
PLUS ADDITIONAL SERVICING FEES:
> 0.00
LESS PERMITTED REDUCTIONS TO SERVICING FEES:
> 0.00
TOTAL SERVICING FEES DUE MASTER SERVICER:
> 71,891.74
COLLECTED SERVICING FEES FOR CURRENT PERIOD:
> 71,891.74
P & I ADVANCES BY THE SERVICER
> 0.00
DELINQUENT AND ONE TWO
> THREE + LOANS
FORECLOSURE LOAN MONTHLY MONT
>HLY MONTHLY IN
INFORMATION PAYMENT PAYM
>ENTS PAYMENTS FORECLOSURE
PRINCIPAL BALANCE 0.00
> 0.00 0.00 0.00
NUMBER OF LOANS 0.00
> 0.00 0.00 0.00
BOOK VALUE OF REO PROPERTY:
> (SEE ATTACHMENTS IF ANY)
CURRENT PERIOD SCHEDULED PRINCIPAL BALANCE OF LOANS:
> 328,803,397.12
PRINCIPAL:
> 236,255.65
PRINCIPAL PREPAYMENTS:
> 16,040,681.25
ADVANCED PRINCIPAL:
> 0.00
INTEREST:
> 2,156,551.92
ADVANCED INTEREST:
> 0.00
RECOVERED MONTHLY ADVANCES:
> 0.00
TAX IMPOSED ON "PROHIBITED TRANSACTION":
> 0.00
>Page 3 of 4 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
DISTRIBUTION DATE: 27-Sep-93
REALIZED LOSSES WITH RESPECT TO CLASS CUMULATIVE INTEREST SHORTFALL AMOUNTS:
CLASS X
> 0.00
CLASS A-1
> 0.00
CLASS A-2
> 0.00
CLASS A-3
> 0.00
CLASS A-4
> 0.00
CLASS A-5
> 0.00
CLASS A-6
> 0.00
CLASS A-7
> 0.00
CLASS A-8
> 0.00
CLASS A-9
> 0.00
CLASS A-10
> 0.00
CLASS A-11
> 0.00
CLASS A-12
> 0.00
CLASS A-13
> 0.00
CLASS A-14
> 0.00
CLASS A-15
> 0.00
CLASS A-R
> 0.00
CLASS M-1
> 0.00
CLASS M-2
> 0.00
CLASS B-1
> 0.00
CLASS B-2
> 0.00
CLASS B-3
> 0.00
CLASS B-4
> 0.00
CLASS B-5
> 0.00
Page 4 of 4 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
REMIC I DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
X 0.00 0.00 59,921.24
> 0.00 59,921.24 0.00 0.00 0.00
P 2,372,409.00 2,367,563.99 0.00
> 5,856.31 5,856.31 0.00 0.00 2,361,707.68
A-1 54,315,000.00 38,492,884.76 234,165.05 20
>,658,847.56 20,893,012.61 0.00 0.00 17,834,037.20
A-2 39,042,000.00 39,042,000.00 237,505.50
> 0.00 237,505.50 0.00 0.00 39,042,000.00
A-3 43,520,000.00 43,520,000.00 255,680.00
> 0.00 255,680.00 0.00 0.00 43,520,000.00
A-4 6,400,000.00 6,400,000.00 48,000.00
> 0.00 48,000.00 0.00 0.00 6,400,000.00
A-5 58,126,000.00 58,126,000.00 353,599.83
> 0.00 353,599.83 0.00 0.00 58,126,000.00
A-6 8,400,000.00 8,400,000.00 42,875.00
> 0.00 42,875.00 0.00 0.00 8,400,000.00
A-7 14,100,000.00 14,100,000.00 94,000.00
> 0.00 94,000.00 0.00 0.00 14,100,000.00
A-8 11,070,000.00 11,070,000.00 67,342.50
> 0.00 67,342.50 0.00 0.00 11,070,000.00
A-9 31,136,000.00 31,136,000.00 189,410.67
> 0.00 189,410.67 0.00 0.00 31,136,000.00
A-10 12,750,000.00 12,750,000.00 77,562.50
> 0.00 77,562.50 0.00 0.00 12,750,000.00
A-11 1,601,000.00 1,601,000.00 9,739.42
> 0.00 9,739.42 0.00 0.00 1,601,000.00
A-12 3,271,000.00 3,310,918.21 0.00
> 0.00 0.00 0.00 20,141.42 3,331,059.63
A-13 1,185,000.00 1,145,081.79 6,965.91
> 20,141.42 27,107.33 0.00 0.00 1,124,940.37
A-14 988,000.00 988,000.00 6,010.33
> 0.00 6,010.33 0.00 0.00 988,000.00
A-15 4,784,000.00 4,784,000.00 29,102.67
> 0.00 29,102.67 0.00 0.00 4,784,000.00
A-R 341,000.00 0.00 0.00
> 0.00 0.00 0.00 0.00 0.00
M-1 32,599,000.00 30,788,522.71 187,296.85 2
>,314,057.26 2,501,354.11 0.00 0.00 28,474,465.45
M-2 8,670,000.00 8,657,971.60 52,669.33
> 5,861.18 58,530.51 0.00 0.00 8,652,110.42
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
X 319339CW5 0.000000 0.172778
> 0.000000 0.172778 0.000000 0.218688% 0.206129%
P 319339CX3 997.957768 0.000000
> 2.468508 2.468508 995.489260NA NA
A-1 319339DB0 708.697133 4.311241
> 380.352528 384.663769 328.344605 7.300000% 7.300000%
A-2 319339DF1 1,000.000000 6.083333
> 0.000000 6.083333 1,000.000000 7.300000% 7.300000%
A-3 319339CZ8 1,000.000000 5.875000
> 0.000000 5.875000 1,000.000000 7.050000% 7.050000%
A-4 319339DQ7 1,000.000000 7.500000
> 0.000000 7.500000 1,000.000000 9.000000% 9.000000%
A-5 319339DG9 1,000.000000 6.083333
> 0.000000 6.083333 1,000.000000 7.300000% 7.300000%
A-6 319339CY1 1,000.000000 5.104167
> 0.000000 5.104167 1,000.000000 6.125000% 6.125000%
A-7 319339DP9 1,000.000000 6.666667
> 0.000000 6.666667 1,000.000000 8.000000% 8.000000%
A-8 319339DH7 1,000.000000 6.083333
> 0.000000 6.083333 1,000.000000 7.300000% 7.300000%
A-9 319339DJ3 1,000.000000 6.083333
> 0.000000 6.083333 1,000.000000 7.300000% 7.300000%
A-10 319339DC8 1,000.000000 6.083333
> 0.000000 6.083333 1,000.000000 7.300000% 7.300000%
A-11 319339DD6 1,000.000000 6.083335
> 0.000000 6.083335 1,000.000000 7.300000% 7.300000%
A-12 319339DE4 1,012.203672 0.000000
> 0.000000 0.000000 1,018.361244 7.300000% 7.300000%
A-13 319339CT2 966.313747 5.878405
> 16.996979 22.875384 949.316768 7.300000% 7.300000%
A-14 319339CV7 1,000.000000 6.083330
> 0.000000 6.083330 1,000.000000 7.300000% 7.300000%
A-15 319339CU9 1,000.000000 6.083334
> 0.000000 6.083334 1,000.000000 7.300000% 7.300000%
A-R 319339ZY3 0.000000 0.000000
> 0.000000 0.000000 0.000000 7.300000% 7.300000%
M-1 319339DM6 944.462183 5.745478
> 70.985529 76.731007 873.476654 7.300000% 7.300000%
M-2 319339DN4 998.612641 6.074894
> 0.676030 6.750924 997.936611 7.300000% 7.300000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Denise Huibregtse
SERVICER: Countrywide Funding Corporation
> Bankers Trust Company
LEAD UNDERWRITER: The First Boston Corporation
> 3 Park Plaza
RECORD DATE: 30-Sep-93
> Irvine, CA 92714
DISTRIBUTION DATE: 25-Oct-93
> FACTOR INFORMATION: (800) 735-7777
Page 1 of 4
> (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
B-1 4,335,000.00 4,328,985.80 26,334.66
> 2,930.59 29,265.25 0.00 0.00 4,326,055.21
B-2 3,468,000.00 3,463,188.64 21,067.73
> 2,344.47 23,412.20 0.00 0.00 3,460,844.17
B-3 2,080,000.00 2,077,114.30 12,635.78
> 1,406.14 14,041.92 0.00 0.00 2,075,708.16
B-4 1,040,000.00 1,038,557.14 6,317.89
> 703.07 7,020.96 0.00 0.00 1,037,854.07
B-5 1,217,297.00 1,215,608.18 7,394.95
> 822.93 8,217.88 0.00 0.00 1,214,785.25
TOTALS 346,810,706.00 328,803,397.12 2,025,597.81 23
>,012,970.93 25,038,568.74 0.00 20,141.42 305,810,567.61
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
B-1 319339DK0 998.61264 6.074893
> 0.67603 6.750923 997.936611 7.300000% 7.300000%
B-2 319339DL8 998.61264 6.074893
> 0.676029 6.750923 997.936612 7.300000% 7.300000%
B-3 319339ZY6 998.61264 6.074894
> 0.676029 6.750923 997.936615 7.300000% 7.300000%
B-4 319339ZY5 998.61263 6.074894
> 0.676029 6.750923 997.936606 7.300000% 7.300000%
B-5 319339ZY4 998.61264 6.074894
> 0.676031 6.750924 997.936617 7.300000% 7.300000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Denise Huibregtse
SERVICER: Countrywide Funding Corporation
> Bankers Trust Company
LEAD UNDERWRITER: The First Boston Corporation
> 3 Park Plaza
RECORD DATE: 30-Sep-93
> Irvine, CA 92714
DISTRIBUTION DATE: 25-Oct-93
> FACTOR INFORMATION: (800) 735-7777
>Page 2 of 4 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
DISTRIBUTION DATE: 25-Oct-93
ACCRUED SERVICING FEE FOR THE CURRENT PERIOD:
> 68,500.71
PLUS ADDITIONAL SERVICING FEES:
> 0.00
LESS PERMITTED REDUCTIONS TO SERVICING FEES:
> 0.00
TOTAL SERVICING FEES DUE MASTER SERVICER:
> 68,500.71
COLLECTED SERVICING FEES FOR CURRENT PERIOD:
> 68,212.43
P & I ADVANCES BY THE SERVICER
> 9,551.62
DELINQUENT AND ONE TWO
> THREE + LOANS
FORECLOSURE LOAN MONTHLY MONT
>HLY MONTHLY IN
INFORMATION PAYMENT PAYM
>ENTS PAYMENTS FORECLOSURE
PRINCIPAL BALANCE 1,383,741.52
> 0.00 0.00 0.00
NUMBER OF LOANS 4.00
> 0.00 0.00 0.00
BOOK VALUE OF REO PROPERTY:
> (SEE ATTACHMENTS IF ANY)
CURRENT PERIOD SCHEDULED PRINCIPAL BALANCE OF LOANS:
> 305,810,567.61
PRINCIPAL:
> 222,844.91
PRINCIPAL PREPAYMENTS:
> 22,769,984.61
ADVANCED PRINCIPAL:
> 1,018.17
INTEREST:
> 2,042,685.83
ADVANCED INTEREST:
> 8,533.45
RECOVERED MONTHLY ADVANCES:
> 0.00
TAX IMPOSED ON "PROHIBITED TRANSACTION":
> 0.00
>Page 3 of 4 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
DISTRIBUTION DATE: 25-Oct-93
REALIZED LOSSES WITH RESPECT TO CLASS CUMULATIVE INTEREST SHORTFALL AMOUNTS:
CLASS X
> 0.00
CLASS A-1
> 0.00
CLASS A-2
> 0.00
CLASS A-3
> 0.00
CLASS A-4
> 0.00
CLASS A-5
> 0.00
CLASS A-6
> 0.00
CLASS A-7
> 0.00
CLASS A-8
> 0.00
CLASS A-9
> 0.00
CLASS A-10
> 0.00
CLASS A-11
> 0.00
CLASS A-12
> 0.00
CLASS A-13
> 0.00
CLASS A-14
> 0.00
CLASS A-15
> 0.00
CLASS A-R
> 0.00
CLASS M-1
> 0.00
CLASS M-2
> 0.00
CLASS B-1
> 0.00
CLASS B-2
> 0.00
CLASS B-3
> 0.00
CLASS B-4
> 0.00
CLASS B-5
> 0.00
Page 4 of 4 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
REMIC I DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
X 0.00 0.00 52,402.50
> 0.00 52,402.50 0.00 0.00 0.00
P 2,372,409.00 2,361,707.68 0.00
> 17,662.66 17,662.66 0.00 0.00 2,344,045.02
A-1 54,315,000.00 17,834,037.20 108,226.38 17
>,834,037.20 17,942,263.58 0.00 0.00 0.00
A-2 39,042,000.00 39,042,000.00 236,927.53 2
>,634,890.09 2,871,817.62 0.00 0.00 36,407,109.91
A-3 43,520,000.00 43,520,000.00 255,057.80
> 0.00 255,057.80 0.00 0.00 43,520,000.00
A-4 6,400,000.00 6,400,000.00 47,883.19
> 0.00 47,883.19 0.00 0.00 6,400,000.00
A-5 58,126,000.00 58,126,000.00 352,739.34
> 0.00 352,739.34 0.00 0.00 58,126,000.00
A-6 8,400,000.00 8,400,000.00 42,770.66
> 0.00 42,770.66 0.00 0.00 8,400,000.00
A-7 14,100,000.00 14,100,000.00 93,771.25
> 0.00 93,771.25 0.00 0.00 14,100,000.00
A-8 11,070,000.00 11,070,000.00 67,178.62
> 0.00 67,178.62 0.00 0.00 11,070,000.00
A-9 31,136,000.00 31,136,000.00 188,949.74
> 0.00 188,949.74 0.00 0.00 31,136,000.00
A-10 12,750,000.00 12,750,000.00 77,373.75
> 0.00 77,373.75 0.00 0.00 12,750,000.00
A-11 1,601,000.00 1,601,000.00 9,715.72
> 0.00 9,715.72 0.00 0.00 1,601,000.00
A-12 3,271,000.00 3,331,059.63 0.00
> 0.00 0.00 0.00 20,214.64 3,351,274.27
A-13 1,185,000.00 1,124,940.37 6,826.74
> 20,214.64 27,041.38 0.00 0.00 1,104,725.73
A-14 988,000.00 988,000.00 5,995.70
> 0.00 5,995.70 0.00 0.00 988,000.00
A-15 4,784,000.00 4,784,000.00 29,031.85
> 0.00 29,031.85 0.00 0.00 4,784,000.00
A-R 341,000.00 0.00 0.00
> 0.00 0.00 0.00 0.00 0.00
M-1 32,599,000.00 28,474,465.45 172,798.13 2
>,292,783.75 2,465,581.88 0.00 0.00 26,181,681.70
M-2 8,670,000.00 8,652,110.42 52,505.59
> 5,898.99 58,404.58 0.00 0.00 8,646,211.43
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
X 319339CW5 0.000000 0.151098
> 0.000000 0.151098 0.000000 0.206129% 0.193410%
P 319339CX3 995.489260 0.000000
> 7.445032 7.445032 988.044228NA NA
A-1 319339DB0 328.344605 1.992569
> 328.344605 330.337174 0.000000 7.300000% 7.300000%
A-2 319339DF1 1,000.000000 6.068530
> 67.488604 73.557134 932.511396 7.300000% 7.300000%
A-3 319339CZ8 1,000.000000 5.860703
> 0.000000 5.860703 1,000.000000 7.050000% 7.050000%
A-4 319339DQ7 1,000.000000 7.481748
> 0.000000 7.481748 1,000.000000 9.000000% 9.000000%
A-5 319339DG9 1,000.000000 6.068529
> 0.000000 6.068529 1,000.000000 7.300000% 7.300000%
A-6 319339CY1 1,000.000000 5.091745
> 0.000000 5.091745 1,000.000000 6.125000% 6.125000%
A-7 319339DP9 1,000.000000 6.650443
> 0.000000 6.650443 1,000.000000 8.000000% 8.000000%
A-8 319339DH7 1,000.000000 6.068529
> 0.000000 6.068529 1,000.000000 7.300000% 7.300000%
A-9 319339DJ3 1,000.000000 6.068530
> 0.000000 6.068530 1,000.000000 7.300000% 7.300000%
A-10 319339DC8 1,000.000000 6.068529
> 0.000000 6.068529 1,000.000000 7.300000% 7.300000%
A-11 319339DD6 1,000.000000 6.068532
> 0.000000 6.068532 1,000.000000 7.300000% 7.300000%
A-12 319339DE4 1,018.361244 0.000000
> 0.000000 0.000000 1,024.541201 7.300000% 7.300000%
A-13 319339CT2 949.316768 5.760962
> 17.058768 22.819730 932.258000 7.300000% 7.300000%
A-14 319339CV7 1,000.000000 6.068522
> 0.000000 6.068522 1,000.000000 7.300000% 7.300000%
A-15 319339CU9 1,000.000000 6.068531
> 0.000000 6.068531 1,000.000000 7.300000% 7.300000%
A-R 319339ZY3 0.000000 0.000000
> 0.000000 0.000000 0.000000 7.300000% 7.300000%
M-1 319339DM6 873.476654 5.300719
> 70.332947 75.633666 803.143707 7.300000% 7.300000%
M-2 319339DN4 997.936611 6.056008
> 0.680391 6.736399 997.256220 7.300000% 7.300000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Denise Huibregtse
SERVICER: Countrywide Funding Corporation
> Bankers Trust Company
LEAD UNDERWRITER: The First Boston Corporation
> 3 Park Plaza
RECORD DATE: 29-Oct-93
> Irvine, CA 92714
DISTRIBUTION DATE: 26-Nov-93
> FACTOR INFORMATION: (800) 735-7777
Page 1 of 4
> (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
B-1 4,335,000.00 4,326,055.21 26,252.80
> 2,949.50 29,202.30 0.00 0.00 4,323,105.71
B-2 3,468,000.00 3,460,844.17 21,002.24
> 2,359.60 23,361.84 0.00 0.00 3,458,484.57
B-3 2,080,000.00 2,075,708.16 12,596.49
> 1,415.21 14,011.70 0.00 0.00 2,074,292.95
B-4 1,040,000.00 1,037,854.07 6,298.25
> 707.61 7,005.86 0.00 0.00 1,037,146.46
B-5 1,217,297.00 1,214,785.25 7,371.96
> 828.24 8,200.20 0.00 0.00 1,213,957.01
TOTALS 346,810,706.00 305,810,567.61 1,873,676.23 22
>,813,747.49 24,687,423.72 0.00 20,214.64 283,017,034.76
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
B-1 319339DK0 997.93661 6.056009
> 0.680392 6.736401 997.256219 7.300000% 7.300000%
B-2 319339DL8 997.93661 6.056009
> 0.680392 6.736401 997.25622 7.300000% 7.300000%
B-3 319339ZY6 997.93661 6.056005
> 0.680389 6.736394 997.256226 7.300000% 7.300000%
B-4 319339ZY5 997.93660 6.05601
> 0.680394 6.736404 997.256212 7.300000% 7.300000%
B-5 319339ZY4 997.93661 6.056008
> 0.680393 6.7364 997.256224 7.300000% 7.300000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Denise Huibregtse
SERVICER: Countrywide Funding Corporation
> Bankers Trust Company
LEAD UNDERWRITER: The First Boston Corporation
> 3 Park Plaza
RECORD DATE: 29-Oct-93
> Irvine, CA 92714
DISTRIBUTION DATE: 26-Nov-93
> FACTOR INFORMATION: (800) 735-7777
>Page 2 of 4 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
DISTRIBUTION DATE: 26-Nov-93
ACCRUED SERVICING FEE FOR THE CURRENT PERIOD:
> 63,710.53
PLUS ADDITIONAL SERVICING FEES:
> 0.00
LESS PERMITTED REDUCTIONS TO SERVICING FEES:
> 0.00
TOTAL SERVICING FEES DUE MASTER SERVICER:
> 63,710.53
COLLECTED SERVICING FEES FOR CURRENT PERIOD:
> 60,482.16
P & I ADVANCES BY THE SERVICER
> 109,745.65
DELINQUENT AND ONE TWO
> THREE + LOANS
FORECLOSURE LOAN MONTHLY MONT
>HLY MONTHLY IN
INFORMATION PAYMENT PAYM
>ENTS PAYMENTS FORECLOSURE
PRINCIPAL BALANCE 498,050.25
> 0.00 0.00 0.00
NUMBER OF LOANS 2.00
> 0.00 0.00 0.00
BOOK VALUE OF REO PROPERTY:
> (SEE ATTACHMENTS IF ANY)
CURRENT PERIOD SCHEDULED PRINCIPAL BALANCE OF LOANS:
> 283,017,034.76
PRINCIPAL:
> 208,750.99
PRINCIPAL PREPAYMENTS:
> 22,584,781.86
ADVANCED PRINCIPAL:
> 10,930.02
INTEREST:
> 1,800,159.66
ADVANCED INTEREST:
> 98,815.63
RECOVERED MONTHLY ADVANCES:
> 0.00
TAX IMPOSED ON "PROHIBITED TRANSACTION":
> 0.00
>Page 3 of 4 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
DISTRIBUTION DATE: 26-Nov-93
REALIZED LOSSES WITH RESPECT TO CLASS CUMULATIVE INTEREST SHORTFALL AMOUNTS:
CLASS X
> 0.00
CLASS A-1
> 0.00
CLASS A-2
> 0.00
CLASS A-3
> 0.00
CLASS A-4
> 0.00
CLASS A-5
> 0.00
CLASS A-6
> 0.00
CLASS A-7
> 0.00
CLASS A-8
> 0.00
CLASS A-9
> 0.00
CLASS A-10
> 0.00
CLASS A-11
> 0.00
CLASS A-12
> 0.00
CLASS A-13
> 0.00
CLASS A-14
> 0.00
CLASS A-15
> 0.00
CLASS A-R
> 0.00
CLASS M-1
> 0.00
CLASS M-2
> 0.00
CLASS B-1
> 0.00
CLASS B-2
> 0.00
CLASS B-3
> 0.00
CLASS B-4
> 0.00
CLASS B-5
> 0.00
Page 4 of 4 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
REMIC I DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
X 0.00 0.00 45,387.55
> 0.00 45,387.55 0.00 0.00 0.00
P 2,372,409.00 2,344,045.02 0.00
> 7,849.69 7,849.69 0.00 0.00 2,336,195.33
A-1 54,315,000.00 0.00 0.00
> 0.00 0.00 0.00 0.00 0.00
A-2 39,042,000.00 36,407,109.91 220,371.42 15
>,033,742.30 15,254,113.72 0.00 0.00 21,373,367.61
A-3 43,520,000.00 43,520,000.00 254,404.15
> 0.00 254,404.15 0.00 0.00 43,520,000.00
A-4 6,400,000.00 6,400,000.00 47,760.48
> 0.00 47,760.48 0.00 0.00 6,400,000.00
A-5 58,126,000.00 58,126,000.00 351,835.36
> 0.00 351,835.36 0.00 0.00 58,126,000.00
A-6 8,400,000.00 8,400,000.00 42,979.34
> 0.00 42,979.34 0.00 0.00 8,400,000.00
A-7 14,100,000.00 14,100,000.00 93,530.94
> 0.00 93,530.94 0.00 0.00 14,100,000.00
A-8 11,070,000.00 11,070,000.00 67,006.46
> 0.00 67,006.46 0.00 0.00 11,070,000.00
A-9 31,136,000.00 31,136,000.00 188,465.51
> 0.00 188,465.51 0.00 0.00 31,136,000.00
A-10 12,750,000.00 12,750,000.00 77,175.46
> 0.00 77,175.46 0.00 0.00 12,750,000.00
A-11 1,601,000.00 1,601,000.00 9,690.82
> 0.00 9,690.82 0.00 0.00 1,601,000.00
A-12 3,271,000.00 3,351,274.27 0.00
> 0.00 0.00 0.00 20,285.19 3,371,559.46
A-13 1,185,000.00 1,104,725.73 6,686.88
> 20,285.19 26,972.07 0.00 0.00 1,084,440.54
A-14 988,000.00 988,000.00 5,980.34
> 0.00 5,980.34 0.00 0.00 988,000.00
A-15 4,784,000.00 4,784,000.00 28,957.45
> 0.00 28,957.45 0.00 0.00 4,784,000.00
A-R 341,000.00 0.00 0.00
> 0.00 0.00 0.00 0.00 0.00
M-1 32,599,000.00 26,181,681.70 158,477.13 1
>,683,972.95 1,842,450.08 0.00 0.00 24,497,708.75
M-2 8,670,000.00 8,646,211.43 52,335.33
> 6,059.79 58,395.12 0.00 0.00 8,640,151.64
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
X 319339CW5 0.000000 0.130871
> 0.000000 0.130871 0.000000 0.193410% 0.182591%
P 319339CX3 988.044228 0.000000
> 3.308742 3.308742 984.735486NA NA
A-1 319339DB0 0.000000 0.000000
> 0.000000 0.000000 0.000000 7.300000% 7.300000%
A-2 319339DF1 932.511396 5.644471
> 385.065885 390.710356 547.445510 7.300000% 7.300000%
A-3 319339CZ8 1,000.000000 5.845684
> 0.000000 5.845684 1,000.000000 7.050000% 7.050000%
A-4 319339DQ7 1,000.000000 7.462575
> 0.000000 7.462575 1,000.000000 9.000000% 9.000000%
A-5 319339DG9 1,000.000000 6.052977
> 0.000000 6.052977 1,000.000000 7.300000% 7.300000%
A-6 319339CY1 1,000.000000 5.116588
> 0.000000 5.116588 1,000.000000 6.125000% 6.125000%
A-7 319339DP9 1,000.000000 6.633400
> 0.000000 6.633400 1,000.000000 8.000000% 8.000000%
A-8 319339DH7 1,000.000000 6.052977
> 0.000000 6.052977 1,000.000000 7.300000% 7.300000%
A-9 319339DJ3 1,000.000000 6.052978
> 0.000000 6.052978 1,000.000000 7.300000% 7.300000%
A-10 319339DC8 1,000.000000 6.052977
> 0.000000 6.052977 1,000.000000 7.300000% 7.300000%
A-11 319339DD6 1,000.000000 6.052979
> 0.000000 6.052979 1,000.000000 7.300000% 7.300000%
A-12 319339DE4 1,024.541201 0.000000
> 0.000000 0.000000 1,030.742727 7.300000% 7.300000%
A-13 319339CT2 932.258000 5.642937
> 17.118304 22.761241 915.139696 7.300000% 7.300000%
A-14 319339CV7 1,000.000000 6.052976
> 0.000000 6.052976 1,000.000000 7.300000% 7.300000%
A-15 319339CU9 1,000.000000 6.052979
> 0.000000 6.052979 1,000.000000 7.300000% 7.300000%
A-R 319339ZY3 0.000000 0.000000
> 0.000000 0.000000 0.000000 7.300000% 7.300000%
M-1 319339DM6 803.143707 4.861411
> 51.657197 56.518607 751.486510 7.300000% 7.300000%
M-2 319339DN4 997.256220 6.036370
> 0.698938 6.735308 996.557283 7.300000% 7.300000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Denise Huibregtse
SERVICER: Countrywide Funding Corporation
> Bankers Trust Company
LEAD UNDERWRITER: The First Boston Corporation
> 3 Park Plaza
RECORD DATE: 30-Nov-93
> Irvine, CA 92714
DISTRIBUTION DATE: 27-Dec-93
> FACTOR INFORMATION: (800) 735-7777
Page 1 of 4
> (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
B-1 4,335,000.00 4,323,105.71 26,167.66
> 3,029.89 29,197.55 0.00 0.00 4,320,075.82
B-2 3,468,000.00 3,458,484.57 20,934.12
> 2,423.92 23,358.04 0.00 0.00 3,456,060.65
B-3 2,080,000.00 2,074,292.95 12,555.65
> 1,453.79 14,009.44 0.00 0.00 2,072,839.16
B-4 1,040,000.00 1,037,146.46 6,277.83
> 726.90 7,004.73 0.00 0.00 1,036,419.56
B-5 1,217,297.00 1,213,957.01 7,348.06
> 850.80 8,198.86 0.00 0.00 1,213,106.21
TOTALS 346,810,706.00 283,017,034.76 1,724,327.94 16
>,760,395.22 18,484,723.16 0.00 20,285.19 266,276,924.73
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
B-1 319339DK0 997.25621 6.036369
> 0.698937 6.735306 996.557283 7.300000% 7.300000%
B-2 319339DL8 997.25622 6.036367
> 0.698939 6.735306 996.557281 7.300000% 7.300000%
B-3 319339ZY6 997.25622 6.03637
> 0.698938 6.735308 996.557288 7.300000% 7.300000%
B-4 319339ZY5 997.25621 6.036375
> 0.698942 6.735317 996.557269 7.300000% 7.300000%
B-5 319339ZY4 997.25622 6.036374
> 0.698926 6.7353 996.557299 7.300000% 7.300000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Denise Huibregtse
SERVICER: Countrywide Funding Corporation
> Bankers Trust Company
LEAD UNDERWRITER: The First Boston Corporation
> 3 Park Plaza
RECORD DATE: 30-Nov-93
> Irvine, CA 92714
DISTRIBUTION DATE: 27-Dec-93
> FACTOR INFORMATION: (800) 735-7777
>Page 2 of 4 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
DISTRIBUTION DATE: 27-Dec-93
ACCRUED SERVICING FEE FOR THE CURRENT PERIOD:
> 58,961.88
PLUS ADDITIONAL SERVICING FEES:
> 0.00
LESS PERMITTED REDUCTIONS TO SERVICING FEES:
> 0.00
TOTAL SERVICING FEES DUE MASTER SERVICER:
> 58,961.88
COLLECTED SERVICING FEES FOR CURRENT PERIOD:
> 57,241.08
P & I ADVANCES BY THE SERVICER
> 58,405.78
DELINQUENT AND ONE TWO
> THREE + LOANS
FORECLOSURE LOAN MONTHLY MONT
>HLY MONTHLY IN
INFORMATION PAYMENT PAYM
>ENTS PAYMENTS FORECLOSURE
PRINCIPAL BALANCE 0.00
> 0.00 0.00 0.00
NUMBER OF LOANS 0.00
> 0.00 0.00 0.00
BOOK VALUE OF REO PROPERTY:
> (SEE ATTACHMENTS IF ANY)
CURRENT PERIOD SCHEDULED PRINCIPAL BALANCE OF LOANS:
> 266,276,924.73
PRINCIPAL:
> 198,582.49
PRINCIPAL PREPAYMENTS:
> 16,541,527.54
ADVANCED PRINCIPAL:
> 5,899.35
INTEREST:
> 1,696,481.82
ADVANCED INTEREST:
> 52,506.43
RECOVERED MONTHLY ADVANCES:
> 0.00
TAX IMPOSED ON "PROHIBITED TRANSACTION":
> 0.00
>Page 3 of 4 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-5
Statement To Certificateholders
DISTRIBUTION DATE: 27-Dec-93
REALIZED LOSSES WITH RESPECT TO CLASS CUMULATIVE INTEREST SHORTFALL AMOUNTS:
CLASS X
> 0.00
CLASS A-1
> 0.00
CLASS A-2
> 0.00
CLASS A-3
> 0.00
CLASS A-4
> 0.00
CLASS A-5
> 0.00
CLASS A-6
> 0.00
CLASS A-7
> 0.00
CLASS A-8
> 0.00
CLASS A-9
> 0.00
CLASS A-10
> 0.00
CLASS A-11
> 0.00
CLASS A-12
> 0.00
CLASS A-13
> 0.00
CLASS A-14
> 0.00
CLASS A-15
> 0.00
CLASS A-R
> 0.00
CLASS M-1
> 0.00
CLASS M-2
> 0.00
CLASS B-1
> 0.00
CLASS B-2
> 0.00
CLASS B-3
> 0.00
CLASS B-4
> 0.00
CLASS B-5
> 0.00
Page 4 of 4 (c) COPYRIGHT 1991 Bankers Trust Company
