FIRST BOSTON MORTGAGE SEC CORP CON MOR PAS THR CER SR 1992-5
8-K, 1999-02-10
ASSET-BACKED SECURITIES
Previous: FIRST BOSTON MORTGAGE SEC CORP CON MOR PAS THR CER SR 1993-1, 8-K, 1999-02-10
Next: FIRST BOSTON MORTGAGE SEC CORP CON MOR PAS THR CER SR 1992-3, 8-K, 1999-02-10



          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 1992-5; File No. 333-53115.

          Ladies and Gentlemen:

          Enclosed herewith for filing on behalf of First Boston Mortgage
          Securities Corp as depositor under a series 1992-5 Pooling and
          Servicing Agreement dated as of December 1, 1992, providing for,
          among other things, the issuance of Conduit Mortgage Pass-Through
          Certificates, Series 1992-5 is a Current Report on Form 8-K.

          The Conduit Mortgage Pass-Through Certificates, Series 1992-5 will be
          comprised of two Classes of Certificates, designated as the Class
          1-A Certificates and the Class 2-A Certificates (collectively, the
          "Certificates").  The Class 1-A Certificates and Class 2-A
          Certificates each evidence beneficial ownership interests in a
          separate trust fund (each, a "Trust Fund") to be created by First
          Boston Mortgage Securities Corp. (the "Depositor"), which will
          contain a pool of adjustable rate, conventional mortgage loans
          (together the "Mortgage Loans") secured by deeds of trust on
          residential properties held in trust for the benefit of the
          Certificateholders.  The Mortgage Loans were originated by or
          acquired by, and will be serviced by, Countrywide Funding Corporation
          ("Countywide") and will be purchased by the Depositor from First
          Boston Mortgage Capital Corp., an affiliate of the Depositor, and
          transferred by the Depositor to the Trust Funds pursuant to a Pooling
          and Servicing Agreement, dated as of December 1, 1992, in exchange
          for the Certificates.  Each Trust Fund will include a separate group
          of Mortgage Loans:  Loan Group 1 and Loan Group 2 (each, a "Loan
          Group").  Distributions of principal and interest on the Class 1-A
          Certificates will be based on payments received on the Mortgage Loans
          in Loan Group 1.  Distributions of principal and interest on the
          Class 2-A Certificates will be based on payments received on the
          Mortgage Loans in Loan Group 2.  The Mortgage Loans are more fully
          described in the Prospectus Supplement dated July 17, 1992.

          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 1992-5.


                          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):  January 25, 1993


                     First Boston Mortgage Securities Corp.
           (as depositor under the Pooling and Servicing Agreement, dated
           as of December 1, 1992, providing for the issuance of Conduit
           Mortgage Pass-Through Certificates, Series, 1992-5).


                     First Boston Mortgage Securities Corp.
           Conduit Mortgage Pass-Through Certificates, Series 1992-5
            (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 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
          January 25, 1993.

          Monthly Remittance Statement to the Certificateholders dated as of
          February 25, 1993.

          Monthly Remittance Statement to the Certificateholders dated as of
          March 25, 1993.

          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 December 1, 1992.


          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
          January 25, 1993.

          Monthly Remittance Statement to the Certificateholders dated as of
          February 25, 1993.

          Monthly Remittance Statement to the Certificateholders dated as of
          March 25, 1993.

          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 1992-5

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                  92,851,183.89  92,851,183.89     370,401.83
> 477,660.81     848,062.64           0.00           0.00  92,373,523.08
           2-A                  22,344,977.49  22,344,977.49      81,079.30
>  40,438.51     121,517.81           0.00           0.00  22,304,538.98


TOTALS                         115,196,161.38 115,196,161.38 230,392,322.76
> 518,099.32     969,580.45           0.00           0.00 114,678,062.06

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                     319339BK2    1,000.000000       3.989199
>   5.144370       9.133568     994.855630      4.787039%      4.786904%
           2-A                     319339BL0    1,000.000000       3.628525
>   1.809736       5.438261     998.190264      4.354230%      4.354485%


SELLER:                                      First Boston Mortgage Securities C
>orp.                                ADMINISTRATOR:       Jennifer Cunningham
SERVICER:                                    Countrywide Funding Corporation
>                                         Bankers Trust Company
LEAD UNDERWRITER:                            First Boston Mortgage Securities C
>orp.                                      3 Park Plaza
RECORD DATE:                                    31-Dec-92
>                                         Irvine, CA 92714
DISTRIBUTION DATE:                              25-Jan-93
>                       FACTOR INFORMATION(800) 735-7777
Page 1 of 2
>                                     (c) COPYRIGHT 1991 Bankers Trust Company

First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
 Series 1992-5

Statement  To  Certificateholders


DISTRIBUTION DATE:                                 25-Jan-93

MONTHLY PRINCIPAL ADVANCES
>                                                                 566.08
MONTHLY INTEREST ADVANCES
>                                                               1,641.13
TOTAL MONTHLY ADVANCES
>                                                               2,207.21


TOTAL SERVICING FEES DUE MASTER SERVICER
>                                                              23,999.20
DELINQUENT SERVICING FEES                                        (91.17)
SERVICING FEES FOR THIS PERIOD
>                                                              23,908.03


DELINQUENT AND
>                                                        LOANS
FORECLOSURE LOAN                                            30-59          60-8
>9          90 OR MORE                                   IN
INFORMATION                                                 DAYS           DAYS
>           DAYS                                         FORECLOSURE
PRINCIPAL BALANCE                                                437,634.21
>       0.00           0.00                                         0.00
NUMBER OF LOANS                                                        1.00
>       0.00           0.00                                         0.00

AGGREGATE PRINCIPAL BALANCES OF THE MORTGAGE LOANS BEFORE DISTRIBUTION
>                                                         115,196,161.38
NUMBER OF MORTGAGE LOANS AS OF CURRENT DISTRIBUTION
>                                                                    369
PRINCIPAL PREPAYMENTS
>                                                             387,899.83

BOOK VALUE OF ANY REO PROPERTIES
>                                               (SEE ATTACHMENTS IF ANY)

LOAN GROUP 1 REALIZED LOSSES
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 1-A
>                                                                   0.00
LOAN GROUP 2 REALIZED LOSSES
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 2-A
>                                                                   0.00

RECOVERED MONTHLY ADVANCES
>                                                                   0.00

CURRENT AMOUNT OF POOL INSURANCE POLICY
>                                                           8,699,368.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2
>                                                                   0.00

CURRENT AMOUNT OF SPECIAL HAZARD POLICY
AGGREGATE AMOUNTS DRAWN BY GROUP 1
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2
>                                                                   0.00

CURRENT AMOUNT OF MORTGAGOR BANKRUPTCY BOND
AGGREGATE AMOUNTS DRAWN BY GROUP 1
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2
>                                                                   0.00

Page 2 of 2                            (c) COPYRIGHT 1991 Bankers Trust Company


First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
 Series 1992-5

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                  92,851,183.89  92,373,523.08     368,485.98
> 179,434.00     547,919.98           0.00           0.00  92,194,089.08
           2-A                  22,344,977.49  22,304,538.98      80,937.31
>  35,809.98     116,747.29           0.00           0.00  22,268,729.00

TOTALS                         115,196,161.38 114,678,062.06 229,874,223.44
> 215,243.98     664,667.27           0.00           0.00 114,462,818.08

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                     319339BK2      994.855630       3.968565
>   1.932490       5.901055     992.923140      4.786904%      4.786900%
           2-A                     319339BL0      998.190264       3.622170
>   1.602596       5.224767     996.587668      4.354485%      4.354655%

SELLER:                                      First Boston Mortgage Securities C
>orp.                                ADMINISTRATOR:  Jennifer Cunningham
SERVICER:                                    Countrywide Funding Corporation
>                                         Bankers Trust Company
LEAD UNDERWRITER:                            First Boston Mortgage Securities C
>orp.                                      3 Park Plaza
RECORD DATE:                                    29-Jan-93
>                                         Irvine, CA 92714
DISTRIBUTION DATE:                              25-Feb-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 1992-5

Statement  To  Certificateholders


DISTRIBUTION DATE:                                 25-Feb-93

MONTHLY PRINCIPAL ADVANCES
>                                                                 547.49
MONTHLY INTEREST ADVANCES
>                                                               1,774.80
TOTAL MONTHLY ADVANCES
>                                                               2,322.29


TOTAL SERVICING FEES DUE MASTER SERVICER
>                                                              23,891.26
DELINQUENT SERVICING FEES
>                                                                 (93.41)
SERVICING FEES FOR THIS PERIOD
>                                                              23,797.85




DELINQUENT AND
>                                                        LOANS
FORECLOSURE LOAN                                            30-59          60-8
>9          90 OR MORE                                   IN
INFORMATION                                                 DAYS           DAYS
>           DAYS                                         FORECLOSURE
PRINCIPAL BALANCE                                                448,371.13
>       0.00           0.00                                         0.00
NUMBER OF LOANS                                                        1.00
>       0.00           0.00                                         0.00

AGGREGATE PRINCIPAL BALANCES OF THE MORTGAGE LOANS BEFORE DISTRIBUTION
>                                                         114,678,062.06
NUMBER OF MORTGAGE LOANS AS OF CURRENT DISTRIBUTION
>                                                                    368
PRINCIPAL PREPAYMENTS
>                                                              84,385.37

BOOK VALUE OF ANY REO PROPERTIES
>                                               (SEE ATTACHMENTS IF ANY)

LOAN GROUP 1 REALIZED LOSSES
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 1-A
>                                                                   0.00
LOAN GROUP 2 REALIZED LOSSES
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 2-A
>                                                                   0.00

RECOVERED MONTHLY ADVANCES
>                                                               1,641.13

CURRENT AMOUNT OF POOL INSURANCE POLICY
>                                                           8,699,368.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2
>                                                                   0.00

CURRENT AMOUNT OF SPECIAL HAZARD POLICY
>                                                           2,065,281.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2
>                                                                   0.00

CURRENT AMOUNT OF MORTGAGOR BANKRUPTCY BOND
AGGREGATE AMOUNTS DRAWN BY GROUP 1
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2
>                                                                   0.00

CURRENT AMOUNT OF MORTGAGOR BANKRUPTCY BOND                    100,000.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1                                  0.00
AGGREGATE AMOUNTS DRAWM BY GROUP 2                                  0.00


Page 2 of 2
>                                      (c) COPYRIGHT 1991 Bankers Trust Company



First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
 Series 1992-5

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                  92,851,183.89  92,194,089.08     367,769.95
> 362,991.78     730,761.73           0.00           0.00  91,831,097.30
           2-A                  22,344,977.49  22,268,729.00      80,810.52
>  33,622.03     114,432.55           0.00           0.00  22,235,106.97


TOTALS                         115,196,161.38 114,462,818.08 229,658,979.46
> 396,613.81     845,194.28           0.00           0.00 114,066,204.27

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                     319339BX4      992.923140       3.960854
>   3.909393       7.870247     989.013747      4.786900%      4.784164%
           2-A                     319339BY2      996.587668       3.616496
>   1.504680       5.121175     995.082988      4.354655%      4.354778%


SELLER:                                      First Boston Mortgage Securities C
>orp.                                ADMINISTRATOR:   Jennifer Cunningham
SERVICER:                                    Countrywide Funding Corporation
>                                         Bankers Trust Company
LEAD UNDERWRITER:                            First Boston Mortgage Securities C
>orp.                                      3 Park Plaza
RECORD DATE:                                    26-Feb-93
>                                         Irvine, CA 92714
DISTRIBUTION DATE:                              25-Mar-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 1992-5

Statement  To  Certificateholders


DISTRIBUTION DATE:                                 25-Mar-93

MONTHLY PRINCIPAL ADVANCES:
>                                                                   0.00
MONTHLY INTEREST ADVANCES:
>                                                                   0.00
TOTAL MONTHLY ADVANCES:
>                                                                   0.00

RECOVERED MONTHLY ADVANCES:                                      1,774.80

TOTAL SERVICING FEES DUE MASTER SERVICER:
>                                                              23,846.42
DELINQUENT SERVICING FEES:
>                                                                   0.00

PREPAYMENT INTEREST SHORTFALL REDUCTION:                         (821.67)

SERVICING FEES FOR THIS PERIOD:
>                                                               23,024.75


DELINQUENT AND
>                                                        LOANS
FORECLOSURE LOAN                                            30-59          60-8
>9          90 OR MORE                                   IN
INFORMATION                                                 DAYS           DAYS
>           DAYS                                         FORECLOSURE
PRINCIPAL BALANCE                                                      0.00
>       0.00           0.00                                         0.00
NUMBER OF LOANS                                                        0.00
>       0.00           0.00                                         0.00

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF PRIOR DISTRIBUTION DATE:
>                                                         114,462,818.08

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF CURRENT DISTRIBUTION DATE:
                                                          114,066,204.27

NUMBER OF MORTGAGE LOANS AS OF CURRENT DISTRIBUTION DATE:
>                                                                    368

NUMBER OF MORTGAGE LOANS FOLLOWING AS OF THE NEXT DISTRIBUTION DATE:
                                                                     367

PRINCIPAL PREPAYMENTS:
>                                                             265,014.15

BOOK VALUE OF ANY REO PROPERTIES:
>                                               (SEE ATTACHMENTS IF ANY)

LOAN GROUP 1 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 1-A:
>                                                                   0.00
LOAN GROUP 2 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 2-A:
>                                                                   0.00

CURRENT AMOUNT OF POOL INSURANCE POLICY:
>                                                           8,699,368.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF SPECIAL HAZARD POLICY:                    2,065,281.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF MORTGAGOR BANKRUPTCY BOND:                  100,000.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

Page 2 of 2                            (c) COPYRIGHT 1991 Bankers Trust Company



First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
 Series 1992-5

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                  92,851,183.89  91,705,926.09     365,619.96
> 123,392.20     489,012.16           0.00           0.00  91,582,533.89
           2-A                  22,344,977.49  22,192,267.08      81,138.93
>  40,141.92     121,280.85           0.00           0.00  22,152,125.16

TOTALS                         115,196,161.38 113,898,193.17 229,094,354.55
> 163,534.12     610,293.01           0.00           0.00 113,734,659.05

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                     319339BX4      987.665663       3.937698
>   1.328924       5.266623     986.336739      4.784249%      4.784322%
           2-A                     319339BY2      993.165784       3.631193
>   1.796463       5.427656     991.369321      4.387417%      4.624985%


SELLER:                                      First Boston Mortgage Securities C
>orp.                                       ADMINISTRATOR:  Jennifer Cunningham
SERVICER:                                    Countrywide Funding Corporation
>                                         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 1992-5

Statement  To  Certificateholders


DISTRIBUTION DATE:                                 25-May-93

MONTHLY PRINCIPAL ADVANCES
>                                                                   0.00
MONTHLY INTEREST ADVANCES
>                                                                   0.00
TOTAL MONTHLY ADVANCES
>                                                                   0.00

RECOVERED MONTHLY ADVANCES:                                     2,512.56

TOTAL SERVICING FEES DUE MASTER SERVICER:
>                                                              23,818.08
DELINQUENT SERVICING FEES:
>                                                                   0.00
PREPAYMENT INTEREST SHORTFALL REDUCTION:                            0.00

SERVICING FEES FOR THIS PERIOD:
>                                                              23,818.08

DELINQUENT AND
>                                                        LOANS
FORECLOSURE LOAN                                            30-59          60-8
>9          90 OR MORE                                   IN
INFORMATION                                                 DAYS           DAYS
>           DAYS                                         FORECLOSURE
PRINCIPAL BALANCE                                                      0.00
>       0.00           0.00                                         0.00
NUMBER OF LOANS                                                        0.00
>       0.00           0.00                                         0.00

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF PRIOR DISTRIBUTION DATE:
>                                                         113,898,193.17

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF CURRENT DISTRIBUTION DATE:
                                                          113,734,659.05

NUMBER OF MORTGAGE LOANS AS OF THE CURRENT DISTRIBUTION DATE:
>                                                                    367

NUMBER OF MORTGAGE LOANS FOLLOWING AS OF THE NEXT DISTRIBUTION DATE: 367

PRINCIPAL PREPAYMENTS:
>                                                              30,672.23

BOOK VALUE OF ANY REO PROPERTIES
>                                               (SEE ATTACHMENTS IF ANY)

LOAN GROUP 1 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 1-A:
>                                                                   0.00
LOAN GROUP 2 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 2-A:
>                                                                   0.00

CURRENT AMOUNT OF POOL INSURANCE POLICY:
>                                                           8,699,368.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2
>                                                                   0.00

CURRENT AMOUNT OF SPECIAL HAZARD POLICY:                    2,065,281.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF MORTGAGOR BANKRUPTCY BOND:                  100,000.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

Page 2 of 2                            (c) COPYRIGHT 1991 Bankers Trust Company



First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
 Series 1992-5

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                  92,851,183.89  91,582,533.89     365,133.58
> 431,751.00     796,884.58           0.00           0.00  91,150,782.89
           2-A                  22,344,977.49  22,152,125.16      85,352.12
>  34,937.81     120,289.93           0.00           0.00  22,117,187.35


TOTALS                         115,196,161.38 113,734,659.05 228,930,820.43
> 466,688.81     917,174.51           0.00           0.00 113,267,970.24

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                     319339BX4      986.336739       3.932460
>   4.649925       8.582385     981.686814      4.784322%      4.785076%
           2-A                     319339BY2      991.369321       3.819745
>   1.563564       5.383310     989.805757      4.623599%      5.059738%


SELLER:                                      First Boston Mortgage Securities C
>orp.                                       ADMINISTRATOR:  Jennifer Cunningham
SERVICER:                                    Countrywide Funding Corporation
>                                         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 1992-5

Statement  To  Certificateholders


DISTRIBUTION DATE:                                 25-Jun-93

MONTHLY PRINCIPAL ADVANCES:
>                                                                   0.00
MONTHLY INTEREST ADVANCES:
>                                                                   0.00
TOTAL MONTHLY ADVANCES:
>                                                                   0.00

RECOVERED MONTHLY ADVANCES:                                         0.00

TOTAL SERVICING FEES DUE MASTER SERVICER
>                                                              24,,556.26
DELINQUENT SERVICING FEES
>                                                                    0.00
PREPAYMENT INTEREST SHORTFALL REDUCTION:                          (571.85)

SERVICING FEES FOR THIS PERIOD:                                 23,984.41


DELINQUENT AND
>                                                        LOANS
FORECLOSURE LOAN                                            30-59          60-8
>9          90 OR MORE                                   IN
INFORMATION                                                 DAYS           DAYS
>           DAYS                                         FORECLOSURE
PRINCIPAL BALANCE                                                      0.00
>       0.00           0.00                                         0.00
NUMBER OF LOANS                                                        0.00
>       0.00           0.00                                         0.00

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF PRIOR DISTRIBUTION DATE:
>                                                         113,734,659.05

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF CURRENT DISTRIBUTION DATE:
>                                                         113,267,970.24

NUMBER OF MORTGAGE LOANS AS OF THE CURRENT DISTRIBUTION DATE:       367

NUMBER OF MORTGAGE LOANS FOLLOWING AS OF THE NEXT DISTRIBUTION DATE: 366

PRINCIPAL PREPAYMENTS:
>                                                             334,902.72

BOOK VALUE OF ANY REO PROPERTIES:
>                                               (SEE ATTACHMENTS IF ANY)

LOAN GROUP 1 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 1-A:
>                                                                   0.00
LOAN GROUP 2 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 2-A:
>                                                                   0.00

CURRENT AMOUNT OF POOL INSURANCE POLICY:
>                                                           8,699,368.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF SPECIAL HAZARD POLICY:                    2,065,281.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF MORTGAGOR BANKRUPTCY BOND:                  100,000.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

Page 2 of 2                            (c) COPYRIGHT 1991 Bankers Trust Company



First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
 Series 1992-5

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                  92,851,183.89  91,582,533.89     365,133.58
> 431,751.00     796,884.58           0.00           0.00  91,150,782.89
           2-A                  22,344,977.49  22,152,125.16      85,352.12
>  34,937.81     120,289.93           0.00           0.00  22,117,187.35


TOTALS                         115,196,161.38 113,734,659.05 228,930,820.43
> 466,688.81     917,174.51           0.00           0.00 113,267,970.24

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                     319339BX4      986.336739       3.932460
>   4.649925       8.582385     981.686814      4.784322%      4.785076%
           2-A                     319339BY2      991.369321       3.819745
>   1.563564       5.383310     989.805757      4.623599%      5.059738%


SELLER:                                      First Boston Mortgage Securities C
>orp.                                       ADMINISTRATOR:  Jennifer Cunningham
SERVICER:                                    Countrywide Funding Corporation
>                                         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 1992-5

Statement  To  Certificateholders


DISTRIBUTION DATE:                                 25-Jun-93

MONTHLY PRINCIPAL ADVANCES:
>                                                                   0.00
MONTHLY INTEREST ADVANCES:
>                                                                   0.00
TOTAL MONTHLY ADVANCES:
>                                                                   0.00

RECOVERED MONTHLY ADVANCES:                                         0.00

TOTAL SERVICING FEES DUE MASTER SERVICER
>                                                              24,,556.26
DELINQUENT SERVICING FEES
>                                                                    0.00
PREPAYMENT INTEREST SHORTFALL REDUCTION:                          (571.85)

SERVICING FEES FOR THIS PERIOD:                                 23,984.41


DELINQUENT AND
>                                                        LOANS
FORECLOSURE LOAN                                            30-59          60-8
>9          90 OR MORE                                   IN
INFORMATION                                                 DAYS           DAYS
>           DAYS                                         FORECLOSURE
PRINCIPAL BALANCE                                                      0.00
>       0.00           0.00                                         0.00
NUMBER OF LOANS                                                        0.00
>       0.00           0.00                                         0.00

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF PRIOR DISTRIBUTION DATE:
>                                                         113,734,659.05

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF CURRENT DISTRIBUTION DATE:
>                                                         113,267,970.24

NUMBER OF MORTGAGE LOANS AS OF THE CURRENT DISTRIBUTION DATE:       367

NUMBER OF MORTGAGE LOANS FOLLOWING AS OF THE NEXT DISTRIBUTION DATE: 366

PRINCIPAL PREPAYMENTS:
>                                                             334,902.72

BOOK VALUE OF ANY REO PROPERTIES:
>                                               (SEE ATTACHMENTS IF ANY)

LOAN GROUP 1 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 1-A:
>                                                                   0.00
LOAN GROUP 2 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 2-A:
>                                                                   0.00

CURRENT AMOUNT OF POOL INSURANCE POLICY:
>                                                           8,699,368.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF SPECIAL HAZARD POLICY:                    2,065,281.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF MORTGAGOR BANKRUPTCY BOND:                  100,000.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

Page 2 of 2                            (c) COPYRIGHT 1991 Bankers Trust Company



a
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
 Series 1992-5

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                  92,851,183.89  91,150,782.89     363,469.53
> 803,296.06   1,166,765.59           0.00           0.00  90,347,486.83
           2-A                  22,344,977.49  22,117,187.35      93,281.52
> 802,227.40     895,508.92           0.00           0.00  21,314,959.95


TOTALS                         115,196,161.38 113,267,970.24 228,464,131.62   1
>,605,523.46   2,062,274.51           0.00           0.00 111,662,446.78

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                     319339BX4      981.686814       3.914538
>   8.651436      12.565974     973.035378      4.785076%      4.787550%
           2-A                     319339BY2      989.805757       4.174608
>  35.901911      40.076519     953.903845      5.061124%      5.062586%

SELLER:                                      First Boston Mortgage Securities C
>orp.                                ADMINISTRATOR:       Jennifer Cunningham
SERVICER:                                    Countrywide Funding Corporation
>                                         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 1992-5

Statement  To  Certificateholders


DISTRIBUTION DATE:                                 26-Jul-93

MONTHLY PRINCIPAL ADVANCES:
>                                                                   0.00
MONTHLY INTEREST ADVANCES:
>                                                                   0.00
TOTAL MONTHLY ADVANCES:
>                                                                   0.00

RECOVERED MONTHLY ADVANCES:
>                                                                   0.00

TOTAL SERVICING FEES DUE MASTER SERVICER:
>                                                              25,901.37
DELINQUENT SERVICING FEES:
>                                                                   0.00
PREPAYMENT INTEREST SHORTFALL REDUCTION:                      (3,645.56)

SERVICING FEES FOR THIS PERIOD
>                                                              22,255.81

DELINQUENT AND
>                                                        LOANS
FORECLOSURE LOAN                                            30-59          60-8
>9          90 OR MORE                                   IN
INFORMATION                                                 DAYS           DAYS
>           DAYS                                         FORECLOSURE
PRINCIPAL BALANCE                                                210,061.90
>       0.00           0.00                                         0.00
NUMBER OF LOANS                                                        1.00
>       0.00           0.00                                         0.00

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF PRIOR DISTRIBUTION DATE:
>                                                         113,267,970.24

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF CURRENT DISTRIBUTION DATE:
                                                        111,662,446.78
NUMBER OF MORTGAGE LOANS AS OF THE CURRENT DISTRIBUTION DATE:      366

NUMBER OF MORTGAGE LOANS FOLLOWING AS OF THE NEXT DISTRIBUTION DATE:  362
>
PRINCIPAL PREPAYMENTS:
>                                                            1,477,120.34

BOOK VALUE OF ANY REO PROPERTIES:
>                                               (SEE ATTACHMENTS IF ANY)

LOAN GROUP 1 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 1-A:
>                                                                   0.00
LOAN GROUP 2 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 2-A:
>                                                                   0.00


CURRENT AMOUNT OF POOL INSURANCE POLICY:
>                                                           8,699,368.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF SPECIAL HAZARD POLICY:                    2,065,281.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF MORTGAGOR BANKRUPTCY BOND:                  100,000.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

Page 2 of 2                            (c) COPYRIGHT 1991 Bankers Trust Company


First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
 Series 1992-5

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                  92,851,183.89  90,347,486.83     360,452.60   2
>,501,393.15   2,861,845.75           0.00           0.00  87,846,093.68
           2-A                  22,344,977.49  21,314,959.95      89,924.02
>  38,645.72     128,569.74           0.00           0.00  21,276,314.23


TOTALS                         115,196,161.38 111,662,446.78 226,858,608.16   2
>,540,038.87   2,990,415.49           0.00           0.00 109,122,407.91

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                     319339BX4      973.035378       3.882046
>  26.939809      30.821855     946.095569      4.787550%      4.781044%
           2-A                     319339BY2      953.903845       4.024350
>   1.729504       5.753854     952.174342      5.062586%      5.062704%


SELLER:                                      First Boston Mortgage Securities C
>orp.                                ADMINISTRATOR:    Jennifer Cunningham
SERVICER:                                    Countrywide Funding Corporation
>                                         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 1992-5

Statement  To  Certificateholders


DISTRIBUTION DATE:                                 25-Aug-93

MONTHLY PRINCIPAL ADVANCES:
>                                                                   0.00
MONTHLY INTEREST ADVANCES:
>                                                                   0.00
TOTAL MONTHLY ADVANCES:
>                                                                   0.00

RECOVERED MONTHLY ADVANCES:
>                                                                   0.00

TOTAL SERVICING FEES DUE MASTER SERVICER:
>                                                              25,483.32
DELINQUENT SERVICING FEES:
>                                                                   0.00
PREPAYMENT INTEREST SHORTFALL REDUCTION:                      (5,595.02)

SERVICING FEES FOR THIS PERIOD:
>                                                              19,888.30


DELINQUENT AND
>                                                        LOANS
FORECLOSURE LOAN                                            30-59          60-8
>9          90 OR MORE                                   IN
INFORMATION                                                 DAYS           DAYS
>           DAYS                                         FORECLOSURE
PRINCIPAL BALANCE                                                668,862.93
>       0.00           0.00                                         0.00
NUMBER OF LOANS                                                        2.00
>       0.00           0.00                                         0.00

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF PRIOR DISTRIBUTION DATE:
>                                                         111,662,446.78
AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF CURRENT DISTRIBUTION DATE:
                                                          109,122,407.90

NUMBER OF MORTGAGE LOANS AS OF CURRENT DISTRIBUTION DATE:            362

NUMBER OF MORTGAGE LOANS FOLLOWING AS OF THE NEXT DISTRIBUTION DATE: 354
>
PRINCIPAL PREPAYMENTS:
>                                                           2,413,565.27

BOOK VALUE OF ANY REO PROPERTIES:
>                                               (SEE ATTACHMENTS IF ANY)

LOAN GROUP 1 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 1-A:
>                                                                   0.00
LOAN GROUP 2 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 2-A:
>                                                                   0.00


CURRENT AMOUNT OF POOL INSURANCE POLICY:
>                                                           8,699,368.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF SPECIAL HAZARD POLICY:                    2,065,281.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF MORTGAGOR BANKRUPTCY BOND:                  100,000.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

Page 2 of 2                            (c) COPYRIGHT 1991 Bankers Trust Company


A
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
 Series 1992-5

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                  92,851,183.89  87,846,093.68     349,996.69   2
>,296,480.95   2,646,477.64           0.00           0.00  85,549,612.73
           2-A                  22,344,977.49  21,276,314.23      89,763.07
> 521,166.77     610,929.84           0.00           0.00  20,755,147.46


TOTALS                         115,196,161.38 109,122,407.91 224,318,569.29   2
>,817,647.72   3,257,407.48           0.00           0.00 106,304,760.19

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                     319339BX4      946.095569       3.769437
>  24.732921      28.502358     921.362649      4.781044%      4.790267%
           2-A                     319339BY2      952.174342       4.017147
>  23.323665      27.340813     928.850677      5.062704%      5.058197%


SELLER:                                      First Boston Mortgage Securities C
>orp.                                ADMINISTRATOR:     Jennifer Cunningham
SERVICER:                                    Countrywide Funding Corporation
>                                         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 1992-5

Statement  To  Certificateholders


DISTRIBUTION DATE:                                 27-Sep-93

MONTHLY PRINCIPAL ADVANCES:
>                                                                   0.00
MONTHLY INTEREST ADVANCES:
>                                                                   0.00
TOTAL MONTHLY ADVANCES:
>                                                                   0.00

RECOVERED MONTHLY ADVANCES:
>                                                                   0.00

TOTAL SERVICING FEES DUE MASTER SERVICER:                      25,084.02

DELINQUENT SERVICING FEES:                                          0.00

PREPAYMENT INTEREST SHORTFALL REDUCTION:                       (6,826.57)

SERVICING FEES FOR THIS PERIOD:
>                                                              18,257.45


DELINQUENT AND
>                                                        LOANS
FORECLOSURE LOAN                                            30-59          60-8
>9          90 OR MORE                                   IN
INFORMATION                                                 DAYS           DAYS
>           DAYS                                         FORECLOSURE
PRINCIPAL BALANCE                                                660,624.14
>       0.00           0.00                                         0.00
NUMBER OF LOANS                                                        2.00
>       0.00           0.00                                         0.00

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF PRIOR DISTRIBUTION DATE:
>                                                         109,122,407.91

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF CURRENT DISTRIBUTION DATE:
>                                                         106,304,760.19

NUMBER OF MORTGAGE LOANS AS OF CURRENT DISTRIBUTION DATE:            354

NUMBER OF MORTGAGE LOANS FOLLOWING AS OF THE NEXT DISTRIBUTION DATE: 346

PRINCIPAL PREPAYMENTS:
>                                                           2,693,566.46

BOOK VALUE OF ANY REO PROPERTIES:
>                                               (SEE ATTACHMENTS IF ANY)

LOAN GROUP 1 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 1-A:
>                                                                   0.00
LOAN GROUP 2 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 2-A:
>                                                                   0.00


CURRENT AMOUNT OF POOL INSURANCE POLICY:
>                                                           8,699,368.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF SPECIAL HAZARD POLICY:                    2,065,281.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF MORTGAGOR BANKRUPTCY BOND:                  100,000.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

Page 2 of 2                            (c) COPYRIGHT 1991 Bankers Trust Company



First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
 Series 1992-5

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                  92,851,183.89  85,549,612.73     341,504.54   2
>,628,389.49   2,969,894.03           0.00           0.00  82,921,223.24
           2-A                  22,344,977.49  20,755,147.46      87,486.35
> 604,114.53     691,600.88           0.00           0.00  20,151,032.93


TOTALS                         115,196,161.38 106,304,760.19 221,500,921.57   3
>,232,504.02   3,661,494.91           0.00           0.00 103,072,256.17

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                     319339BX4      921.362649       3.677977
>  28.307550      31.985527     893.055099      4.790267%      4.940000%
           2-A                     319339BY2      928.850677       3.915258
>  27.035808      30.951066     901.814868      5.058197%      5.071555%

SELLER:                                      First Boston Mortgage Securities C
>orp.                                ADMINISTRATOR:    Denise Huibregtse
SERVICER:                                    Countrywide Funding Corporation
>                                         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 1992-5

Statement  To  Certificateholders


DISTRIBUTION DATE:                                 25-Oct-93

MONTHLY PRINCIPAL ADVANCES:
>                                                               1,857.69
MONTHLY INTEREST ADVANCES:
>                                                               6,336.88
TOTAL MONTHLY ADVANCES:
>                                                               8,194.57

RECOVERED MONTHLY ADVANCES:
>                                                                   0.00

TOTAL SERVICING FEES DUE MASTER SERVICER:
>                                                              24,661.28
DELINQUENT SERVICING FEES:                                       (317.85)
PREPAYMENT INTEREST SHORTFALL REDUCTION:                       (8,446.37)

SERVICING FEES FOR THIS PERIOD
>                                                              15,897.06

DELINQUENT AND
>                                                        LOANS
FORECLOSURE LOAN                                            30-59          60-8
>9          90 OR MORE                                   IN
INFORMATION                                                 DAYS           DAYS
>           DAYS                                         FORECLOSURE
PRINCIPAL BALANCE                                              1,081,752.81
> 443,926.81           0.00                                         0.00
NUMBER OF LOANS                                                        4.00
>       1.00           0.00                                         0.00

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF PRIOR DISTRIBUTION DATE:
>                                                         106,304,760.18
AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF CURRENT DISTRIBUTION DATE:
>                                                         103,072,256.16

NUMBER OF MORTGAGE LOANS AS OF THE CURRENT DISTRIBUTION DATE:            346

NUMBER OF MORTGAGE LOANS AS OF THE NEXT DISTRIBUTION DATE:               338

PRINCIPAL PREPAYMENTS:
>                                                               3,111,179.79

BOOK VALUE OF ANY REO PROPERTIES:
>                                               (SEE ATTACHMENTS IF ANY)

LOAN GROUP 1 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 1-A:
>                                                                   0.00
LOAN GROUP 2 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 2-A:
>                                                                   0.00

CURRENT AMOUNT OF POOL INSURANCE POLICY:                    8,699,368.00
>
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF SPECIAL HAZARD POLICY:                    2,065,281.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF MORTGAGOR BANKRUPTCY BOND:                  100,000.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

Page 2 of 2                            (c) COPYRIGHT 1991 Bankers Trust Company



First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
 Series 1992-5

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                  92,851,183.89  82,921,223.24     341,359.07   3
>,300,468.97   3,641,828.04           0.00           0.00  79,620,754.27
           2-A                  22,344,977.49  20,151,032.92      85,164.22
> 778,929.50     864,093.72           0.00           0.00  19,372,103.42


TOTALS                         115,196,161.38 103,072,256.16 218,268,417.54   4
>,079,398.47   4,505,921.76           0.00           0.00  98,992,857.69

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                     319339BX4      893.055099       3.676411
>  35.545793      39.222204     857.509306      4.940000%      5.420815%
           2-A                     319339BY2      901.814868       3.811336
>  34.859265      38.670601     866.955603      5.071555%      5.149713%


SELLER:                                      First Boston Mortgage Securities C
>orp.                                ADMINDenise Huibregtse
SERVICER:                                    Countrywide Funding Corporation
>                                         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 1992-5

Statement  To  Certificateholders


DISTRIBUTION DATE:                                 26-Nov-93

MONTHLY PRINCIPAL ADVANCES:
>                                                               7,698.93
MONTHLY INTEREST ADVANCES:
>                                                              31,698.41
TOTAL MONTHLY ADVANCES:
>                                                              39,397.34

RECOVERED MONTHLY ADVANCES:
>                                                               6,336.88

TOTAL SERVICING FEES DUE MASTER SERVICER:
>                                                               25,119.69
DELINQUENT SERVICING FEES:
>                                                              (1,702.08)
PREPAYMENT INTEREST SHORTFALL REDUCTION:                       (9,970.63)

SERVICING FEES FOR THIS PERIOD:
>                                                              13,446.98

DELINQUENT AND
>                                                        LOANS
FORECLOSURE LOAN                                            30-59          60-8
>9          90 OR MORE                                   IN
INFORMATION                                                 DAYS           DAYS
>           DAYS                                         FORECLOSURE
PRINCIPAL BALANCE                                                244,450.80
>       0.00     443,360.81                                   443,360.81
NUMBER OF LOANS                                                        1.00
>       0.00           1.00                                         1.00

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF PRIOR DISTRIBUTION DATE:
>                                                         103,072,256.16

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF CURRENT DISTRIBUTION DATE:
                                                         98,992,857.69

NUMBER OF MORTGAGE LOANS AS OF CURRENT DISTRIBUTION DATE:            338
>
NUMBER OF MORTGAGE LOANS FOLLOWING AS OF THE NEXT DISTRIBUTION DATE: 324

PRINCIPAL PREPAYMENTS:
>                                                           3,965,270.88

BOOK VALUE OF ANY REO PROPERTIES:
>                                               (SEE ATTACHMENTS IF ANY)

LOAN GROUP 1 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 1-A:
>                                                                   0.00
LOAN GROUP 2 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 2-A:
>                                                                   0.00


CURRENT AMOUNT OF POOL INSURANCE POLICY
>                                                           8,699,368.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2
>                                                                   0.00

CURRENT AMOUNT OF SPECIAL HAZARD POLICY:                    2,065,281.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF MORTGAGOR BANKRUPTCY BOND:                  100,000.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

Page 2 of 2                            (c) COPYRIGHT 1991 Bankers Trust Company



First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates
 Series 1992-5

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                  92,851,183.89  79,620,754.27     359,674.51   5
>,098,840.79   5,458,515.30           0.00           0.00  74,521,913.48
           2-A                  22,344,977.49  19,372,103.42      83,133.98   1
>,319,711.80   1,402,845.78           0.00           0.00  18,052,391.62


TOTALS                         115,196,161.38  98,992,857.69 214,189,019.07   6
>,418,552.59   6,861,361.08           0.00           0.00  92,574,305.10

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                     319339BX4      857.509306       3.873666
>  54.914117      58.787784     802.595189      5.420815%      5.633985%
           2-A                     319339BY2      866.955603       3.720477
>  59.060780      62.781257     807.894823      5.149713%      5.332878%


SELLER:                                      First Boston Mortgage Securities C
>orp.                                ADMINISTRATOR:   Denise Huibregtse
SERVICER:                                    Countrywide Funding Corporation
>                                         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 1992-5

Statement  To  Certificateholders


DISTRIBUTION DATE:                                 27-Dec-93

MONTHLY PRINCIPAL ADVANCES:
>                                                               5,208.48
MONTHLY INTEREST ADVANCES:
>                                                              23,747.24
TOTAL MONTHLY ADVANCES:
>                                                              28,955.72

RECOVERED MONTHLY ADVANCES:
>                                                              31,698.41

TOTAL SERVICING FEES DUE MASTER SERVICER:
>                                                              28,313.95
DELINQUENT SERVICING FEES:
>                                                              (1,442.87)
PREPAYMENT INTEREST SHORTFALL REDUCTION:                      (13,461.47)

SERVICING FEES FOR THIS PERIOD:
>                                                              13,409.61


DELINQUENT AND
>                                                        LOANS
FORECLOSURE LOAN                                            30-59          60-8
>9          90 OR MORE                                   IN
INFORMATION                                                 DAYS           DAYS
>           DAYS                                         FORECLOSURE
PRINCIPAL BALANCE                                                      0.00
> 244,165.92     442,928.33                                   442,928.33
NUMBER OF LOANS                                                        0.00
>       1.00           1.00                                         1.00

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF PRIOR DISTRIBUTION DATE:
>                                                          98,992,857.69

AGGREGATE PRINCIPAL BALANCES OF LOANS AS OF CURRENT DISTRIBUTION DATE:
                                                           92,574,305.10

NUMBER OF MORTGAGE LOANS AS OF THE CURRENT DISTRIBUTION DATE:        324

NUMBER OF MORTGAGE LOANS FOLLOWING AS OF THE NEXT DISTRIBUTION DATE: 302

PRINCIPAL PREPAYMENTS:
>                                                           6,320,578.02

BOOK VALUE OF ANY REO PROPERTIES:
>                                               (SEE ATTACHMENTS IF ANY)

LOAN GROUP 1 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 1-A:
>                                                                   0.00
LOAN GROUP 2 REALIZED LOSSES:
>                                                                   0.00
REALIZED LOSSES ALLOCATED TO CLASS 2-A:
>                                                                   0.00


CURRENT AMOUNT OF POOL INSURANCE POLICY:
>                                                           8,699,368.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF SPECIAL HAZARD POLICY:                    2,065,281.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

CURRENT AMOUNT OF MORTGAGOR BANKRUPTCY BOND:                  100,000.00
AGGREGATE AMOUNTS DRAWN BY GROUP 1:
>                                                                   0.00
AGGREGATE AMOUNTS DRAWN BY GROUP 2:
>                                                                   0.00

Page 2 of 2                            (c) COPYRIGHT 1991 Bankers Trust Company




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission