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 1993-1; File No. 333-53115.
Ladies and Gentlemen:
Enclosed herewith for filing on behalf of First Boston Mortgage
Securities Corp, as depositor under a series 1993-1 Pooling and
Servicing Agreement dated as of March 1, 1993, providing for,
among other things, the issuance of Conduit Mortgage Pass-Through
Certificates, Series 1993-1 is a Current Report on Form 8-K.
The Conduit Mortgage Pass-Through Certificates, Series 1993-1 will be
comprised of the Interest-Only Class 1-X and Class 2-X
Certificates (collectively, the "Class X Certificates"), the Senior
Class 1-A and Class 2-A Certificates (collectively, the "Class A
Certificates"), the Subordinated Class 1-B and Class 2-B Certificates
(collectively, the "Class B Certificates") and the Residual Class R-I
and R-II Certificates (collectively, the "Class R Certificates" and,
together with the Class X, Class A and Class B Certificates, the
"Certificates"). It is a condition to their issuance that the Class
X and Class A Certificates be rated "AAA" by Standard & Poor's
Corporation ("S&P") and Duff & Phelps Credit Rating Company ("Duff &
Phelps") and that the Class B Certificates be rated not lower than
"A" by S&P and "AA+" by Duff & Phelps.
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 hold interests in a
pool of mortgage loans (the "Mortgage Loans") secured by mortgages on
cooperative apartment buildings and certain other property. The
Mortgage Loans were originated by National Consumer Cooperative Bank
(d/b/a National Cooperative Bank) (NCB), or affiliates of NCB. The
Mortgage Loans will comprise two separate groups: Loan Group 1 and
Loan Group 2. Distributions on the Class 1-X, Class 1-A and Class
1-B Certificates will be based solely on payments received on the
Mortgage Loans in Loan Group 1 (the "Group 1 Mortgage Loans").
Distributions on the Class 2-X, Class 2-A and Class 2-B Certificates
will be based solely on payments received on the Mortgage Loans in
Loan Group 2 (the "Group 2 Mortgage Loans") and amounts held in the
Cash Collateral Account (defined in the Prospectus Supplement dated
March 1, 1993), to the extent described in the Prospectus Supplement.
The Mortgage Loans are more fully described under "Description of the
Mortgage Pool and the Underlying Mortgaged Properties" in the
Prospectus Supplement.
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 1993-1.
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): April 26, 1993
First Boston Mortgage Securities Corp.
(as depositor under the Pooling and Servicing Agreement, dated
as of March 1, 1988, providing for the issuance of Conduit
Mortgage Pass-Through Certificates, Series, 1993-1).
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates, Series 1993-1
(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 is a copy of the Monthly Remittance Statement
to the Certificateholders which was 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
April 26, 1993.
Monthly Remittance Statement to the Certificateholders dated as of
May 25, 1993.
Monthly Remittance Statement to the Certificateholders dated as of
June 25, 1993.
Monthly Remittance Statement to the Certificateholders dated as of
July 26, 1993.
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 March 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
April 26, 1993.
Monthly Remittance Statement to the Certificateholders dated as of
May 25, 1993.
Monthly Remittance Statement to the Certificateholders dated as of
June 25, 1993.
Monthly Remittance Statement to the Certificateholders dated as of
July 26, 1993.
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 1993-1
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
1-A 43,241,321.00 43,241,321.00 266,617.03
> 15,680.75 282,297.78 0 0 43,225,640.25
2-A 35,062,225.00 35,062,225.00 198,320.71
> 27,218.15 225,538.86 0 0 35,035,006.85
1-B 1,337,361.14 1,337,361.14 9,126.32
> 0 9,126.32 0 0 1,337,361.14
2-B 2,238,015.38 2,238,015.38 13,759.12
> 0 13,759.12 0 0 2,238,015.38
1-X 0 0 28,467.21
> 0 28,467.21 0 0 0
2-X 0 0 17,238.93
> 0 17,238.93 0 0 0
R-II 0 0 0
> 0 0 0 0 0
TOTALS 81,878,922.52 81,878,922.52 533,529.32
> 42,898.90 576,428.22 0 0 81,836,023.62
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
1-A 31933CB1 1,000.000000 6.165793
> 0.362633 6.528426 999.637367 7.39895100% 7.39897900%
2-A 31933CD7 1,000.000000 5.656250
> 0.776281 6.432531 999.223719 6.78750000% 6.78750000%
1-B 31933CC9 1,000.000000 6.824125
> 0.000000 6.824125 1,000.000000 8.18895100% 8.18897900%
2-B 31933CE5 1,000.000000 6.147911
> 0.000000 6.147911 1,000.000000 7.37750000% 7.37750000%
1-X 31933BZ9 0.000000 0.034767
> 0.000000 0.034767 0.000000 0.79000000% 0.79000000%
2-X 31933CA3 0.000000 0.021054
> 0.000000 0.021054 0.000000 0.59000000% 0.59000000%
R-II 0.000000 0.000000
> 0.000000 0.000000 0.000000 0.00000000% 0.00000000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Kellie Rodriguez
SERVICER: National Consumer Cooperative Bank
> Bankers Trust Company
LEAD UNDERWRITER: First Boston Mortgage Securities C
>orp. 3 Park Plaza
RECORD DATE: 31-Mar-93
> Irvine, CA 92714
DISTRIBUTION DATE: 26-Apr-93
> FACTOR INFORMATION(800) 735-7777
>Page 1 of 2 (c) COPYRIGHT 1991 Bankers Trust Compa
>ny
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTION DATE: 26-Apr-93
MONTHLY PRINCIPAL ADVANCES
> 895.56
MONTHLY INTEREST ADVANCES
> 10,372.26
TOTAL MONTHLY ADVANCES
> 11,267.82
TOTAL SERVICING FEES DUE MASTER SERVICER
> 8,529.05
DELINQUENT SERVICING FEES
> (154.07)
SERVICING FEES FOR THIS PERIOD
> 8,374.98
RETAINED YEILD
> 34,459.69
DELINQUENT AND
> LOANS
FORECLOSURE LOAN ONE TWO
> THREE + IN
INFORMATION MONTH MONT
>HS MONTHS FORECLOSURE
PRINCIPAL BALANCE 0.00
> 0.00 0.00 0.00
NUMBER OF LOANS 0
> 0 0 0
BOOK VALUE OF ANY REO PROPERTIES
> (SEE ATTACHMENTS IF ANY)
TOTAL PRINCIPAL BALANCE OF MORTGAGE LOANS:
> 81,836,023.62
TOTAL PREPAYMENTS:
CLASS 1-A REALIZED LOSSES
> 0.00
CLASS 2-A REALIZED LOSSES
> 0.00
CLASS 1-B REALIZED LOSSES
> 0.00
CLASS 2-B REALIZED LOSSES
> 0.00
CLASS 1-X REALIZED LOSSES
> 0.00
CLASS 2-X REALIZED LOSSES
> 0.00
CLASS R-I REALIZED LOSSES
> ERR
CLASS R-II REALIZED LOSSES
> 0.00
RECOVERED MONTHLY ADVANCES
CLASS 2-A RATE
> 6.787500%
CLASS 2-B RATE
> 7.377500%
CLASS 2-X RATE
> 0.590000%
AMOUNT IN CASH COLLATERAL ACCOUNT
> 1,865,012.02
>Page 2 of 2 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
1-A 43,241,321.00 43,225,640.25 266,521.34
> 15,788.83 282,310.17 0.00 0.00 43,209,851.42
2-A 35,062,225.00 35,035,006.85 198,166.76
> 27,413.53 225,580.29 0.00 0.00 35,007,593.32
1-B 1,337,361.14 1,337,361.14 9,126.35
> 0.00 9,126.35 0.00 0.00 1,337,361.14
2-B 2,238,015.38 2,238,015.38 13,759.13
> 0.00 13,759.13 0.00 0.00 2,238,015.38
1-X 0.00 0.00 28,456.89
> 0.00 28,456.89 0.00 0.00 0.00
2-X 0.00 0.00 17,225.55
> 0.00 17,225.55 0.00 0.00 0.00
R-II 0.00 0.00 0.00
> 0.00 0.00 0.00 0.00 0.00
TOTALS 81,878,922.52 81,836,023.62 533,256.02
> 43,202.36 576,458.38 0.00 0.00 81,792,821.26
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
1-A 31933CB1 999.637367 6.163580
> 0.365133 6.528713 999.272234 7.398979% 7.399007%
2-A 31933CD7 999.223719 5.651859
> 0.781854 6.433713 998.441865 6.787500% 6.787500%
1-B 31933CC9 1,000.000000 6.824148
> 0.000000 6.824148 1,000.000000 8.188979% 8.189007%
2-B 31933CE5 1,000.000000 6.147916
> 0.000000 6.147916 1,000.000000 7.377500% 7.377500%
1-X 31933BZ9 0.000000 0.034755
> 0.000000 0.034755 0.000000 0.790000% 0.790000%
2-X 31933CA3 0.000000 0.021038
> 0.000000 0.021038 0.000000 0.590000% 0.590000%
R-II 0.000000 0.000000
> 0.000000 0.000000 0.000000 0.000000% 0.000000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Kellie Rodriguez
SERVICER: National Consumer Cooperative Bank
> Bankers Trust Company
LEAD UNDERWRITER: First Boston Mortgage Securities C
>orp. 3 Park Plaza
RECORD DATE: 30-Apr-93
> Irvine, CA 92714
DISTRIBUTION DATE: 25-May-93
> FACTOR INFORMATION(800) 735-7777
>Page 1 of 2 (c) COPYRIGHT 1991 Bankers Trust Compa
>ny
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTION DATE: 25-May-93
MONTHLY PRINCIPAL ADVANCES
> 85.92
>
MONTHLY INTEREST ADVANCES
> 938.11
TOTAL MONTHLY ADVANCES
> 1,024.03
TOTAL SERVICING FEES DUE MASTER SERVICER
> 8,524.59
DELINQUENT SERVICING FEES
> (14.00)
>
SERVICING FEES FOR THIS PERIOD
> 8,510.58
RETAINED YEILD
> 34,435.31
DELINQUENT AND
> LOANS
FORECLOSURE LOAN ONE TWO
> THREE + IN
INFORMATION MONTH MONT
>HS MONTHS FORECLOSURE
PRINCIPAL BALANCE 0.00
> 0.00 0.00 0.00
NUMBER OF LOANS 0
> 0 0 0
BOOK VALUE OF ANY REO PROPERTIES
> (SEE ATTACHMENTS IF ANY)
TOTAL PRINCIPAL BALANCE OF MORTGAGE LOANS:
> 81,792,821.26
TOTAL PREPAYMENTS:
CLASS 1-A REALIZED LOSSES
> 0.00
CLASS 2-A REALIZED LOSSES
> 0.00
CLASS 1-B REALIZED LOSSES
> 0.00
CLASS 2-B REALIZED LOSSES
> 0.00
CLASS 1-X REALIZED LOSSES
> 0.00
CLASS 2-X REALIZED LOSSES
> 0.00
CLASS R-I REALIZED LOSSES
> 0.00
CLASS R-II REALIZED LOSSES
> 0.00
RECOVERED MONTHLY ADVANCES
CLASS 2-A RATE
> 6.787500%
CLASS 2-B RATE
> 7.377500%
CLASS 2-X RATE
> 0.590000%
AMOUNT IN CASH COLLATERAL ACCOUNT
> 1,865,012.02
>Page 2 of 2 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
1-A 43,241,321.00 43,209,851.42 266,425.00
> 15,897.67 282,322.67 0.00 0.00 43,193,953.75
2-A 35,062,225.00 35,007,593.32 198,335.76
> 27,610.34 225,946.10 0.00 0.00 34,979,982.98
1-B 1,337,361.14 1,337,361.14 9,126.38
> 0.00 9,126.38 0.00 0.00 1,337,361.14
2-B 2,238,015.38 2,238,015.38 13,779.85
> 0.00 13,779.85 0.00 0.00 2,238,015.38
1-X 0.00 0.00 28,446.49
> 0.00 28,446.49 0.00 0.00 0.00
2-X 0.00 0.00 17,212.07
> 0.00 17,212.07 0.00 0.00 0.00
R-II 0.00 0.00 0.00
> 0.00 0.00 0.00 0.00 0.00
TOTALS 81,878,922.52 81,792,821.26 533,325.55
> 43,508.01 576,833.56 0.00 0.00 81,749,313.25
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
1-A 31933CB1 999.272234 6.161352
> 0.367650 6.529002 998.904584 7.399007% 7.399036%
2-A 31933CD7 998.441865 5.656679
> 0.787467 6.444146 997.654398 6.798608% 6.798622%
1-B 31933CC9 1,000.000000 6.824170
> 0.000000 6.824170 1,000.000000 8.189007% 8.189036%
2-B 31933CE5 1,000.000000 6.157174
> 0.000000 6.157174 1,000.000000 7.388608% 7.388622%
1-X 31933BZ9 0.000000 0.034742
> 0.000000 0.034742 0.000000 0.790000% 0.790000%
2-X 31933CA3 0.000000 0.021021
> 0.000000 0.021021 0.000000 0.590000% 0.590000%
R-II 0.000000 0.000000
> 0.000000 0.000000 0.000000 0.000000% 0.000000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Kellie Rodriguez
SERVICER: National Consumer Cooperative Bank
> Bankers Trust Company
LEAD UNDERWRITER: First Boston Mortgage Securities C
>orp. 3 Park Plaza
RECORD DATE: 28-May-93
> Irvine, CA 92714
DISTRIBUTION DATE: 25-Jun-93
> FACTOR INFORMATION(800) 735-7777
>Page 1 of 2 (c) COPYRIGHT 1991 Bankers Trust Compa
>ny
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTION DATE: 25-Jun-93
MONTHLY PRINCIPAL ADVANCES
> 385.78
MONTHLY INTEREST ADVANCES
> 4,655.58
TOTAL MONTHLY ADVANCES
> 5,041.36
TOTAL SERVICING FEES DUE MASTER SERVICER
> 8,520.09
DELINQUENT SERVICING FEES
> (67.55)
>
SERVICING FEES FOR THIS PERIOD
> 8,452.54
RETAINED YEILD
> 34,065.97
DELINQUENT AND
> LOANS
FORECLOSURE LOAN ONE TWO
> THREE + IN
INFORMATION MONTH MONT
>HS MONTHS FORECLOSURE
PRINCIPAL BALANCE 0.00
> 0.00 0.00 0.00
NUMBER OF LOANS 0
> 0 0 0
BOOK VALUE OF ANY REO PROPERTIES
> (SEE ATTACHMENTS IF ANY)
TOTAL PRINCIPAL BALANCE OF MORTGAGE LOANS:
> 81,749,313.25
TOTAL PREPAYMENTS:
> 0.00
CLASS 1-A REALIZED LOSSES
> 0.00
CLASS 2-A REALIZED LOSSES
> 0.00
CLASS 1-B REALIZED LOSSES
> 0.00
CLASS 2-B REALIZED LOSSES
> 0.00
CLASS 1-X REALIZED LOSSES
> 0.00
CLASS 2-X REALIZED LOSSES
> 0.00
CLASS R-I REALIZED LOSSES
> 0.00
CLASS R-II REALIZED LOSSES
> 0.00
RECOVERED MONTHLY ADVANCES
CLASS 2-A RATE
> 6.798608%
CLASS 2-B RATE
> 7.388608%
CLASS 2-X RATE
> 0.590000%
AMOUNT IN CASH COLLATERAL ACCOUNT
> 1,865,012.02
>Page 2 of 2 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
1-A 43,241,321.00 43,193,953.75 266,328.00
> 16,007.28 282,335.28 0.00 0.00 43,177,946.47
2-A 35,062,225.00 34,979,982.98 198,179.73
> 27,808.56 225,988.29 0.00 0.00 34,952,174.42
1-B 1,337,361.14 1,337,361.14 9,126.41
> 0.00 9,126.41 0.00 0.00 1,337,361.14
2-B 2,238,015.38 2,238,015.38 13,779.87
> 0.00 13,779.87 0.00 0.00 2,238,015.38
1-X 0.00 0.00 28,436.02
> 0.00 28,436.02 0.00 0.00 0.00
2-X 0.00 0.00 17,198.51
> 0.00 17,198.51 0.00 0.00 0.00
R-II 0.00 0.00 0.00
> 0.00 0.00 0.00 0.00 0.00
TOTALS 81,878,922.52 81,749,313.25 533,048.54
> 43,815.84 576,864.38 0.00 0.00 81,705,497.41
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
1-A 31933CB1 998.904584 6.159109
> 0.370185 6.529294 998.534399 7.399036% 7.399064%
2-A 31933CD7 997.654398 5.652229
> 0.793120 6.445349 996.861278 6.798622% 6.798635%
1-B 31933CC9 1,000.000000 6.824193
> 0.000000 6.824193 1,000.000000 8.189036% 8.189064%
2-B 31933CE5 1,000.000000 6.157183
> 0.000000 6.157183 1,000.000000 7.388622% 7.388635%
1-X 31933BZ9 0.000000 0.034729
> 0.000000 0.034729 0.000000 0.790000% 0.790000%
2-X 31933CA3 0.000000 0.021005
> 0.000000 0.021005 0.000000 0.590000% 0.590000%
R-II 0.000000 0.000000
> 0.000000 0.000000 0.000000 0.000000% 0.000000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Kellie Rodriguez
SERVICER: National Consumer Cooperative Bank
> Bankers Trust Company
LEAD UNDERWRITER: First Boston Mortgage Securities C
>orp. 3 Park Plaza
RECORD DATE: 30-Jun-93
> Irvine, CA 92714
DISTRIBUTION DATE: 26-Jul-93
> FACTOR INFORMATION(800) 735-7777
>Page 1 of 2 (c) COPYRIGHT 1991 Bankers Trust Compa
>ny
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTION DATE: 26-Jul-93
MONTHLY PRINCIPAL ADVANCES
> 0.00
MONTHLY INTEREST ADVANCES
> 0.00
TOTAL MONTHLY ADVANCES
> 0.00
TOTAL SERVICING FEES DUE MASTER SERVICER
> 8,515.55
DELINQUENT SERVICING FEES
> 0.00
SERVICING FEES FOR THIS PERIOD
> 8,515.55
RETAINED YEILD
> 34,041.07
DELINQUENT AND
> LOANS
FORECLOSURE LOAN ONE TWO
> THREE + IN
INFORMATION MONTH MONT
>HS MONTHS FORECLOSURE
PRINCIPAL BALANCE 0.00
> 0.00 0.00 0.00
NUMBER OF LOANS 0
> 0 0 0
BOOK VALUE OF ANY REO PROPERTIES
> (SEE ATTACHMENTS IF ANY)
TOTAL PRINCIPAL BALANCE OF MORTGAGE LOANS:
> 81,705,497.41
TOTAL PREPAYMENTS:
CLASS 1-A REALIZED LOSSES
> 0.00
CLASS 2-A REALIZED LOSSES
> 0.00
CLASS 1-B REALIZED LOSSES
> 0.00
CLASS 2-B REALIZED LOSSES
> 0.00
CLASS 1-X REALIZED LOSSES
> 0.00
CLASS 2-X REALIZED LOSSES
> 0.00
CLASS R-I REALIZED LOSSES
> 0.00
CLASS R-II REALIZED LOSSES
> 0.00
RECOVERED MONTHLY ADVANCES
CLASS 2-A RATE
> 6.798622%
CLASS 2-B RATE
> 7.388622%
CLASS 2-X RATE
> 0.590000%
AMOUNT IN CASH COLLATERAL ACCOUNT
> 1,865,012.02
>Page 2 of 2 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
1-A 43,241,321.00 43,177,946.47 266,230.32
> 16,117.62 282,347.94 0.00 0.00 43,161,828.85
2-A 35,062,225.00 34,952,174.42 198,022.57
> 28,008.24 226,030.81 0.00 0.00 34,924,166.18
1-B 1,337,361.14 1,337,361.14 9,126.45
> 0.00 9,126.45 0.00 0.00 1,337,361.14
2-B 2,238,015.38 2,238,015.38 13,779.90
> 0.00 13,779.90 0.00 0.00 2,238,015.38
1-X 0.00 0.00 28,425.48
> 0.00 28,425.48 0.00 0.00 0.00
2-X 0.00 0.00 17,184.84
> 0.00 17,184.84 0.00 0.00 0.00
R-II 0.00 0.00 0.00
> 0.00 0.00 0.00 0.00 0.00
TOTALS 81,878,922.52 81,705,497.41 532,769.56
> 44,125.86 576,895.42 0.00 0.00 81,661,371.55
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
1-A 31933CB1 998.534399 6.156850
> 0.372737 6.529586 998.161662 7.399064% 7.399093%
2-A 31933CD7 996.861278 5.647747
> 0.798815 6.446562 996.062463 6.798635% 6.798649%
1-B 31933CC9 1,000.000000 6.824223
> 0.000000 6.824223 1,000.000000 8.189064% 8.189093%
2-B 31933CE5 1,000.000000 6.157196
> 0.000000 6.157196 1,000.000000 7.388635% 7.388649%
1-X 31933BZ9 0.000000 0.034716
> 0.000000 0.034716 0.000000 0.790000% 0.790000%
2-X 31933CA3 0.000000 0.020988
> 0.000000 0.020988 0.000000 0.590000% 0.590000%
R-II 0.000000 0.000000
> 0.000000 0.000000 0.000000 0.000000% 0.000000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Kellie Rodriguez
SERVICER: National Consumer Cooperative Bank
> Bankers Trust Company
LEAD UNDERWRITER: First Boston Mortgage Securities C
>orp. 3 Park Plaza
RECORD DATE: 30-Jul-93
> Irvine, CA 92714
DISTRIBUTION DATE: 25-Aug-93
> FACTOR INFORMATION(800) 735-7777
>Page 1 of 2 (c) COPYRIGHT 1991 Bankers Trust Compa
>ny
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTION DATE: 25-Aug-93
MONTHLY PRINCIPAL ADVANCES
> 785.47
MONTHLY INTEREST ADVANCES
> 5,881.10
TOTAL MONTHLY ADVANCES
> 6,666.57
TOTAL SERVICING FEES DUE MASTER SERVICER
> 8,510.99
DELINQUENT SERVICING FEES
> (86.48)
>
SERVICING FEES FOR THIS PERIOD
> 8,424.51
RETAINED YEILD
> 34,015.99
DELINQUENT AND
> LOANS
FORECLOSURE LOAN ONE TWO
> THREE + IN
INFORMATION MONTH MONT
>HS MONTHS FORECLOSURE
PRINCIPAL BALANCE 0.00
> 0.00 0.00 0.00
NUMBER OF LOANS 0
> 0 0 0
BOOK VALUE OF ANY REO PROPERTIES
> (SEE ATTACHMENTS IF ANY)
TOTAL PRINCIPAL BALANCE OF MORTGAGE LOANS:
> 81,661,371.55
TOTAL PREPAYMENTS:
CLASS 1-A REALIZED LOSSES
> 0.00
CLASS 2-A REALIZED LOSSES
> 0.00
CLASS 1-B REALIZED LOSSES
> 0.00
CLASS 2-B REALIZED LOSSES
> 0.00
CLASS 1-X REALIZED LOSSES
> 0.00
CLASS 2-X REALIZED LOSSES
> 0.00
CLASS R-I REALIZED LOSSES
> 0.00
CLASS R-II REALIZED LOSSES
> 0.00
RECOVERED MONTHLY ADVANCES
CLASS 2-A RATE
> 6.798635%
CLASS 2-B RATE
> 7.388635%
CLASS 2-X RATE
> 0.590000%
AMOUNT IN CASH COLLATERAL ACCOUNT
> 1,865,012.02
>Page 2 of 2 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
1-A 43,241,321.00 43,161,828.85 266,131.97
> 16,228.76 282,360.73 0.00 0.00 43,145,600.09
2-A 35,062,225.00 34,924,166.18 197,864.29
> 28,209.29 226,073.58 0.00 0.00 34,895,956.89
1-B 1,337,361.14 1,337,361.14 9,126.48
> 0.00 9,126.48 0.00 0.00 1,337,361.14
2-B 2,238,015.38 2,238,015.38 13,779.93
> 0.00 13,779.93 0.00 0.00 2,238,015.38
1-X 0.00 0.00 28,414.87
> 0.00 28,414.87 0.00 0.00 0.00
2-X 0.00 0.00 17,171.05
> 0.00 17,171.05 0.00 0.00 0.00
R-II 0.00 0.00 0.00
> 0.00 0.00 0.00 0.00 0.00
TOTALS 81,878,922.52 81,661,371.55 532,488.59
> 44,438.05 576,926.64 0.00 0.00 81,616,933.50
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
1-A 31933CB1 998.161662 6.154575
> 0.375307 6.529882 997.786356 7.399093% 7.399121%
2-A 31933CD7 996.062463 5.643233
> 0.804549 6.447782 995.257913 6.798649% 6.798663%
1-B 31933CC9 1,000.000000 6.824245
> 0.000000 6.824245 1,000.000000 8.189093% 8.189121%
2-B 31933CE5 1,000.000000 6.157210
> 0.000000 6.157210 1,000.000000 7.388649% 7.388663%
1-X 31933BZ9 0.000000 0.034704
> 0.000000 0.034704 0.000000 0.790000% 0.790000%
2-X 31933CA3 0.000000 0.020971
> 0.000000 0.020971 0.000000 0.590000% 0.590000%
R-II 0.000000 0.000000
> 0.000000 0.000000 0.000000 0.000000% 0.000000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Kellie Rodriguez
SERVICER: National Consumer Cooperative Bank
> Bankers Trust Company
LEAD UNDERWRITER: First Boston Mortgage Securities C
>orp. 3 Park Plaza
RECORD DATE: 31-Aug-93
> Irvine, CA 92714
DISTRIBUTION DATE: 27-Sep-93
> FACTOR INFORMATION(800) 735-7777
>Page 1 of 2 (c) COPYRIGHT 1991 Bankers Trust Compa
>ny
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTION DATE: 27-Sep-93
MONTHLY PRINCIPAL ADVANCES
> 819.32
MONTHLY INTEREST ADVANCES
> 13,482.23
TOTAL MONTHLY ADVANCES
> 14,301.55
TOTAL SERVICING FEES DUE MASTER SERVICER
> 8,506.39
DELINQUENT SERVICING FEES
> (193.11)
>
SERVICING FEES FOR THIS PERIOD
> 8,313.28
RETAINED YEILD
> 33,990.73
DELINQUENT AND
> LOANS
FORECLOSURE LOAN ONE TWO
> THREE + IN
INFORMATION MONTH MONT
>HS MONTHS FORECLOSURE
PRINCIPAL BALANCE 0.00
> 0.00 0.00 0.00
NUMBER OF LOANS 0
> 0 0 0
BOOK VALUE OF ANY REO PROPERTIES
> (SEE ATTACHMENTS IF ANY)
TOTAL PRINCIPAL BALANCE OF MORTGAGE LOANS:
> 81,616,933.50
TOTAL PREPAYMENTS:
CLASS 1-A REALIZED LOSSES
> 0.00
CLASS 2-A REALIZED LOSSES
> 0.00
CLASS 1-B REALIZED LOSSES
> 0.00
CLASS 2-B REALIZED LOSSES
> 0.00
CLASS 1-X REALIZED LOSSES
> 0.00
CLASS 2-X REALIZED LOSSES
> 0.00
CLASS R-I REALIZED LOSSES
> 0.00
CLASS R-II REALIZED LOSSES
> 0.00
RECOVERED MONTHLY ADVANCES
CLASS 2-A RATE
> 6.798649%
CLASS 2-B RATE
> 7.388649%
CLASS 2-X RATE
> 0.590000%
AMOUNT IN CASH COLLATERAL ACCOUNT
> 1,865,012.02
>Page 2 of 2 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
1-A 43,241,321.00 43,145,600.09 266,032.95
> 16,340.62 282,373.57 0.00 0.00 43,129,259.47
2-A 35,062,225.00 34,895,956.89 197,704.87
> 28,411.83 226,116.70 0.00 0.00 34,867,545.06
1-B 1,337,361.14 1,337,361.14 9,126.51
> 0.00 9,126.51 0.00 0.00 1,337,361.14
2-B 2,238,015.38 2,238,015.38 13,779.95
> 0.00 13,779.95 0.00 0.00 2,238,015.38
1-X 0.00 0.00 28,404.19
> 0.00 28,404.19 0.00 0.00 0.00
2-X 0.00 0.00 17,157.18
> 0.00 17,157.18 0.00 0.00 0.00
R-II 0.00 0.00 0.00
> 0.00 0.00 0.00 0.00 0.00
TOTALS 81,878,922.52 81,616,933.50 532,205.65
> 44,752.45 576,958.10 0.00 0.00 81,572,181.05
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
1-A 31933CB1 997.786356 6.152285
> 0.377894 6.530179 997.408462 7.399121% 7.399150%
2-A 31933CD7 995.257913 5.638686
> 0.810326 6.449012 994.447587 6.798663% 6.798677%
1-B 31933CC9 1,000.000000 6.824267
> 0.000000 6.824267 1,000.000000 8.189121% 8.189150%
2-B 31933CE5 1,000.000000 6.157219
> 0.000000 6.157219 1,000.000000 7.388663% 7.388677%
1-X 31933BZ9 0.000000 0.034690
> 0.000000 0.034690 0.000000 0.790000% 0.790000%
2-X 31933CA3 0.000000 0.020954
> 0.000000 0.020954 0.000000 0.590000% 0.590000%
R-II 0.000000 0.000000
> 0.000000 0.000000 0.000000 0.000000% 0.000000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Kellie Rodriguez
SERVICER: National Consumer Cooperative Bank
> Bankers Trust Company
LEAD UNDERWRITER: First Boston Mortgage Securities C
>orp. 3 Park Plaza
RECORD DATE: 30-Sep-93
> Irvine, CA 92714
DISTRIBUTION DATE: 25-Oct-93
> FACTOR INFORMATION(800) 735-7777
>Page 1 of 2 (c) COPYRIGHT 1991 Bankers Trust Compa
>ny
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTION DATE: 25-Oct-93
MONTHLY PRINCIPAL ADVANCES
> 266.86
MONTHLY INTEREST ADVANCES
> 3,307.36
TOTAL MONTHLY ADVANCES
> 3,574.22
TOTAL SERVICING FEES DUE MASTER SERVICER
> 8,501.76
DELINQUENT SERVICING FEES
> (46.58)
>
SERVICING FEES FOR THIS PERIOD
> 8,455.18
RETAINED YEILD
> 33,965.29
DELINQUENT AND
> LOANS
FORECLOSURE LOAN ONE TWO
> THREE + IN
INFORMATION MONTH MONT
>HS MONTHS FORECLOSURE
PRINCIPAL BALANCE 0.00
> 0.00 0.00 0.00
NUMBER OF LOANS 0
> 0 0 0
BOOK VALUE OF ANY REO PROPERTIES
> (SEE ATTACHMENTS IF ANY)
TOTAL PRINCIPAL BALANCE OF MORTGAGE LOANS:
> 81,572,181.05
TOTAL PREPAYMENTS:
CLASS 1-A REALIZED LOSSES
> 0.00
CLASS 2-A REALIZED LOSSES
> 0.00
CLASS 1-B REALIZED LOSSES
> 0.00
CLASS 2-B REALIZED LOSSES
> 0.00
CLASS 1-X REALIZED LOSSES
> 0.00
CLASS 2-X REALIZED LOSSES
> 0.00
CLASS R-I REALIZED LOSSES
> 0.00
CLASS R-II REALIZED LOSSES
> 0.00
RECOVERED MONTHLY ADVANCES
CLASS 2-A RATE
> 6.798663%
CLASS 2-B RATE
> 7.388663%
CLASS 2-X RATE
> 0.590000%
AMOUNT IN CASH COLLATERAL ACCOUNT
> 1,865,012.02
>Page 2 of 2 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
1-A 43,241,321.00 43,129,259.47 265,933.23
> 16,453.26 282,386.49 0.00 0.00 43,112,806.21
2-A 35,062,225.00 34,867,545.06 197,544.31
> 28,615.79 226,160.10 0.00 0.00 34,838,929.27
1-B 1,337,361.14 1,337,361.14 9,126.54
> 0.00 9,126.54 0.00 0.00 1,337,361.14
2-B 2,238,015.38 2,238,015.38 13,779.97
> 0.00 13,779.97 0.00 0.00 2,238,015.38
1-X 0.00 0.00 28,393.43
> 0.00 28,393.43 0.00 0.00 0.00
2-X 0.00 0.00 17,143.21
> 0.00 17,143.21 0.00 0.00 0.00
R-II 0.00 0.00 0.00
> 0.00 0.00 0.00 0.00 0.00
TOTALS 81,878,922.52 81,572,181.05 531,920.69
> 45,069.05 576,989.74 0.00 0.00 81,527,112.00
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
1-A 31933CB1 997.408462 6.149979
> 0.380499 6.530478 997.027963 7.399150% 7.399180%
2-A 31933CD7 994.447587 5.634107
> 0.816143 6.450250 993.631444 6.798677% 6.798691%
1-B 31933CC9 1,000.000000 6.824290
> 0.000000 6.824290 1,000.000000 8.189150% 8.189180%
2-B 31933CE5 1,000.000000 6.157228
> 0.000000 6.157228 1,000.000000 7.388677% 7.388691%
1-X 31933BZ9 0.000000 0.034677
> 0.000000 0.034677 0.000000 0.790000% 0.790000%
2-X 31933CA3 0.000000 0.020937
> 0.000000 0.020937 0.000000 0.590000% 0.590000%
R-II 0.000000 0.000000
> 0.000000 0.000000 0.000000 0.000000% 0.000000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Kellie Rodriguez
SERVICER: National Consumer Cooperative Bank
> Bankers Trust Company
LEAD UNDERWRITER: First Boston Mortgage Securities C
>orp. 3 Park Plaza
RECORD DATE: 29-Oct-93
> Irvine, CA 92714
DISTRIBUTION DATE: 26-Nov-93
> FACTOR INFORMATION(800) 735-7777
>Page 1 of 2 (c) COPYRIGHT 1991 Bankers Trust Compa
>ny
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTION DATE: 26-Nov-93
MONTHLY PRINCIPAL ADVANCES
> 660.81
MONTHLY INTEREST ADVANCES
> 8,186.66
TOTAL MONTHLY ADVANCES
> 8,847.47
TOTAL SERVICING FEES DUE MASTER SERVICER
> 8,497.10
DELINQUENT SERVICING FEES
> (116.09)
>
SERVICING FEES FOR THIS PERIOD
> 8,381.01
RETAINED YEILD
> 33,939.67
DELINQUENT AND
> LOANS
FORECLOSURE LOAN ONE TWO
> THREE + IN
INFORMATION MONTH MONT
>HS MONTHS FORECLOSURE
PRINCIPAL BALANCE 0.00
> 0.00 0.00 0.00
NUMBER OF LOANS 0
> 0 0 0
BOOK VALUE OF ANY REO PROPERTIES
> (SEE ATTACHMENTS IF ANY)
TOTAL PRINCIPAL BALANCE OF MORTGAGE LOANS:
> 81,527,112.00
TOTAL PREPAYMENTS:
CLASS 1-A REALIZED LOSSES
> 0.00
CLASS 2-A REALIZED LOSSES
> 0.00
CLASS 1-B REALIZED LOSSES
> 0.00
CLASS 2-B REALIZED LOSSES
> 0.00
CLASS 1-X REALIZED LOSSES
> 0.00
CLASS 2-X REALIZED LOSSES
> 0.00
CLASS R-I REALIZED LOSSES
> 0.00
CLASS R-II REALIZED LOSSES
> 0.00
RECOVERED MONTHLY ADVANCES
CLASS 2-A RATE
> 6.798677%
CLASS 2-B RATE
> 7.388677%
CLASS 2-X RATE
> 0.590000%
AMOUNT IN CASH COLLATERAL ACCOUNT
> 1,865,012.02
>Page 2 of 2 (c) COPYRIGHT 1991 Bankers Trust Company
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST
> PRINCIPAL TOTAL LOSSES INTEREST BALANCE
1-A 43,241,321.00 43,112,806.21 265,832.83
> 16,568.39 282,401.22 0.00 0.00 43,096,237.82
2-A 35,062,225.00 34,838,929.27 197,382.59
> 28,821.23 226,203.82 0.00 0.00 34,810,108.04
1-B 1,337,361.14 1,337,361.14 9,126.58
> 0.00 9,126.58 0.00 0.00 1,337,361.14
2-B 2,238,015.38 2,238,015.38 13,780.00
> 0.00 13,780.00 0.00 0.00 2,238,015.38
1-X 0.00 0.00 28,382.60
> 0.00 28,382.60 0.00 0.00 0.00
2-X 0.00 0.00 17,129.14
> 0.00 17,129.14 0.00 0.00 0.00
R-II 0.00 0.00 0.00
> 0.00 0.00 0.00 0.00 0.00
TOTALS 81,878,922.52 81,527,112.00 531,633.74
> 45,389.62 577,023.36 0.00 0.00 81,481,722.38
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST
> PRINCIPAL TOTAL BALANCE CURRENT NEXT
1-A 31933CB1 997.027963 6.147657
> 0.383161 6.530819 996.644802 7.399180% 7.399209%
2-A 31933CD7 993.631444 5.629494
> 0.822002 6.451496 992.809442 6.798691% 6.798705%
1-B 31933CC9 1,000.000000 6.824320
> 0.000000 6.824320 1,000.000000 8.189180% 8.189209%
2-B 31933CE5 1,000.000000 6.157241
> 0.000000 6.157241 1,000.000000 7.388691% 7.388705%
1-X 31933BZ9 0.000000 0.034664
> 0.000000 0.034664 0.000000 0.790000% 0.790000%
2-X 31933CA3 0.000000 0.020920
> 0.000000 0.020920 0.000000 0.590000% 0.590000%
R-II 0.000000 0.000000
> 0.000000 0.000000 0.000000 0.000000% 0.000000%
SELLER: First Boston Mortgage Securities C
>orp. ADMINISTRATOR: Kellie Rodriguez
SERVICER: National Consumer Cooperative Bank
> Bankers Trust Company
LEAD UNDERWRITER: First Boston Mortgage Securities C
>orp. 3 Park Plaza
RECORD DATE: 30-Nov-93
> Irvine, CA 92714
DISTRIBUTION DATE: 27-Dec-93
> FACTOR INFORMATION(800) 735-7777
>Page 1 of 2 (c) COPYRIGHT 1991 Bankers Trust Compa
>ny
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
Series 1993-1
Statement To Certificateholders
DISTRIBUTION DATE: 27-Dec-93
MONTHLY PRINCIPAL ADVANCES
> 1,798.42
MONTHLY INTEREST ADVANCES
> 10,648.70
TOTAL MONTHLY ADVANCES
> 12,447.12
TOTAL SERVICING FEES DUE MASTER SERVICER
> 8,492.41
DELINQUENT SERVICING FEES
> (168.14)
>
SERVICING FEES FOR THIS PERIOD
> 8,324.27
RETAINED YEILD
> 33,913.86
DELINQUENT AND
> LOANS
FORECLOSURE LOAN ONE TWO
> THREE + IN
INFORMATION MONTH MONT
>HS MONTHS FORECLOSURE
PRINCIPAL BALANCE 0.00
> 0.00 0.00 0.00
NUMBER OF LOANS 0
> 0 0 0
BOOK VALUE OF ANY REO PROPERTIES
> (SEE ATTACHMENTS IF ANY)
TOTAL PRINCIPAL BALANCE OF MORTGAGE LOANS:
> 81,481,722.38
TOTAL PREPAYMENTS:
CLASS 1-A REALIZED LOSSES
> 0.00
CLASS 2-A REALIZED LOSSES
> 0.00
CLASS 1-B REALIZED LOSSES
> 0.00
CLASS 2-B REALIZED LOSSES
> 0.00
CLASS 1-X REALIZED LOSSES
> 0.00
CLASS 2-X REALIZED LOSSES
> 0.00
CLASS R-I REALIZED LOSSES
> 0.00
CLASS R-II REALIZED LOSSES
> 0.00
RECOVERED MONTHLY ADVANCES
CLASS 2-A RATE
> 6.798691%
CLASS 2-B RATE
> 7.388691%
CLASS 2-X RATE
> 0.590000%
AMOUNT IN CASH COLLATERAL ACCOUNT
> 1,865,012.02
>Page 2 of 2 (c) COPYRIGHT 1991 Bankers Trust Company