Payment Date: 04/25/00
------------------------------------------------------------
Countrywide Home Loans
Asset-Backed Certificates, Series 1999-1
------------------------------------------------------------
<TABLE>
<CAPTION>
Class Information Current Payment Information
----------------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru Principal Interest Total Principal Interest
Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Senior AF1 17,843,182.87 5.995000% 1,596,755.59 89,141.57 1,685,897.16 0.00 0.00
AF2 29,000,000.00 6.160000% 0.00 148,866.67 148,866.67 0.00 0.00
AF3 14,008,000.00 6.815000% 0.00 79,553.77 79,553.77 0.00 0.00
AF4 10,000,000.00 6.370000% 0.00 53,083.33 53,083.33 0.00 0.00
MF1 4,158,000.00 6.760000% 0.00 23,423.40 23,423.40 0.00 0.00
MF2 2,310,000.00 7.255000% 0.00 13,965.88 13,965.88 0.00 0.00
BF 924,000.00 8.840000% 0.00 6,806.80 6,806.80 0.00 0.00
AV1 226,105,483.88 6.435000% 5,149,303.61 1,172,074.30 6,321,377.91 0.00 0.00
MV1 16,380,000.00 6.755000% 0.00 89,132.23 89,132.23 0.00 0.00
MV2 13,104,000.00 7.245000% 0.00 76,478.22 76,478.22 0.00 0.00
BV 13,104,000.00 8.875000% 0.00 93,684.50 93,684.50 0.00 0.00
BFI 0.00 0.000000% 0.00 184,001.17 184,001.17 0.00 0.00
BVI 0.00 0.000000% 0.00 460,404.11 460,404.11 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 346,936,666.75 - 6,746,059.20 2,490,615.93 9,236,675.13 - -
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior AF1 16,246,427.28 0.00
AF2 29,000,000.00 0.00
AF3 14,008,000.00 0.00
AF4 10,000,000.00 0.00
MF1 4,158,000.00 0.00
MF2 2,310,000.00 0.00
BF 924,000.00 0.00
AV1 220,956,180.27 0.00
MV1 16,380,000.00 0.00
MV2 13,104,000.00 0.00
BV 13,104,000.00 0.00
BFI 0.00 0.00
BVI 0.00 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 340,190,607.55 -
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 04/25/00
------------------------------------------------------------
Countrywide Home Loans
Asset-Backed Certificates, Series 1999-1
------------------------------------------------------------
<TABLE>
<CAPTION>
Class Information Current Payment Information
Factors per $1,000
------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru CUSIP Principal Interest Ending Cert./
Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal.
------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------------
Senior AF1 17,843,182.87 5.995000% 126671FC5 49.898612 2.785674 507.700852
AF2 29,000,000.00 6.160000% 126671FD3 0.000000 5.133333 1,000.000000
AF3 14,008,000.00 6.815000% 126671FE1 0.000000 5.679167 1,000.000000
AF4 10,000,000.00 6.370000% 126671FF8 0.000000 5.308333 1,000.000000
MF1 4,158,000.00 6.760000% 126671FG6 0.000000 5.633333 1,000.000000
MF2 2,310,000.00 7.255000% 126671FH4 0.000000 6.045833 1,000.000000
BF 924,000.00 8.840000% 126671FJ0 0.000000 7.366667 1,000.000000
AV1 226,105,483.88 6.435000% 126671FK7 18.066971 4.112368 775.252201
MV1 16,380,000.00 6.755000% 126671FL5 0.000000 5.441528 1,000.000000
MV2 13,104,000.00 7.245000% 126671FM3 0.000000 5.836250 1,000.000000
BV 13,104,000.00 8.875000% 126671FN1 0.000000 7.149306 1,000.000000
BFI 0.00 0.000000% N/A 0.000000 0.000000 0.000000
BVI 0.00 0.000000% N/A 0.000000 0.000000 0.000000
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 346,936,666.75 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
------------------------------------------------------------
Countrywide Home Loans
Asset-Backed Certificates, Series 1999-1
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 77,570,497.36 269,277,295.59 346,847,792.95
Loan count 1270 2675 3945
Avg loan rate 9.701870% 8.979929% 9.14
Prepay amount 1,458,176.82 4,839,575.81 6,297,752.63
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 31,619.88 110,152.53 141,772.40
Sub servicer fees 0.00 0.00 0.00
Trustee fees 0.00 0.00 0.00
Agg advances N/A N/A N/A
Adv this period 96,740.98 342,601.29 439,342.27
--------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
--------------------------------------------------------------------------------
Total
-----
Realized losses 8,229.79 47,491.47 55,721.26
Cumulative losses 30,198.38 197,948.89 228,147.27
Coverage Amounts Total
---------------- -----
Bankruptcy 0.00 0.00 0.00
Fraud 0.00 0.00 0.00
Special Hazard 0.00 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 100.000000% 100.000000% 346,936,666.75
-----------------------------------------------------------------------------
Junior 0.000000% 0.000000% 0.00
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 241 19,511,591.12
60 to 89 days 92 8,684,055.67
90 or more 91 9,288,092.12
Foreclosure 134 10,220,487.20
Totals: 558 47,704,226.11
--------------------------------------------------------------------------------
<PAGE>
--------------------------------------------------------------------------------
REO INFORMATION
--------------------------------------------------------------------------------
REO Date Loan Number Ending Stated Balance Book Value
-------- ----------- --------------------- ----------
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
Totals: 0 N/A
Current Total Outstanding Balance: 1,919,659.08
Current Total Outstanding Number of Loans: 23
<PAGE>
--------------------------------------------------------------------------------
OTHER INFORMATION
--------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 9,236,675.13 9,236,675.13
Principal remittance amount 6,746,059.20 6,746,059.20
Interest remittance amount 2,490,615.93 2,490,615.93
