Payment Date: 06/25/00
------------------------------------------------------------
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 15,486,961.93 5.995000% 2,131,637.14 77,370.28 2,209,007.42 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 214,988,171.06 6.920000% 5,005,904.57 1,322,416.13 6,328,320.70 0.00 0.00
MV1 16,380,000.00 7.240000% 0.00 105,414.40 105,414.40 0.00 0.00
MV2 13,104,000.00 7.730000% 0.00 90,039.04 90,039.04 0.00 0.00
BV 13,104,000.00 9.360000% 0.00 109,025.28 109,025.28 0.00 0.00
BFI 0.00 0.000000% 0.00 142,088.33 142,088.33 0.00 0.00
BVI 0.00 0.000000% 0.00 125,760.52 125,760.52 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 333,463,132.99 - 7,137,541.71 2,297,813.82 9,435,355.53 - -
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior AF1 13,355,324.79 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 209,982,266.49 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 - - 326,325,591.28 -
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 06/25/00
------------------------------------------------------------
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 15,486,961.93 5.995000% 126671FC5 66.613661 2.417821 417.353900
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 214,988,171.06 6.920000% 126671FK7 17.563838 4.639861 736.748861
MV1 16,380,000.00 7.240000% 126671FL5 0.000000 6.435556 1,000.000000
MV2 13,104,000.00 7.730000% 126671FM3 0.000000 6.871111 1,000.000000
BV 13,104,000.00 9.360000% 126671FN1 0.000000 8.320000 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 - - 333,463,132.99 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
------------------------------------------------------------
Countrywide Home Loans
Asset-Backed Certificates, Series 1999-1
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 74,679,394.87 258,303,381.81 332,982,776.68
Loan count 1229 2576 3805
Avg loan rate 9.677708% 8.983095% 9.14
Prepay amount 1,951,846.82 4,289,128.49 6,240,975.31
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 30,540.89 105,771.63 136,312.51
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 105,724.92 382,055.12 487,780.04
--------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
--------------------------------------------------------------------------------
Total
-----
Realized losses 42,299.22 108,742.83 151,042.05
Cumulative losses 81,116.09 345,625.86 426,741.95
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% 333,463,132.99
-----------------------------------------------------------------------------
Junior 0.000000% 0.000000% 0.00
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 274 24,321,017.23
60 to 89 days 105 9,246,659.51
90 or more 96 8,361,359.77
Foreclosure 136 10,645,548.18
Totals: 611 52,574,584.69
--------------------------------------------------------------------------------
<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
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: 2,621,980.07
Current Total Outstanding Number of Loans: 32
<PAGE>
--------------------------------------------------------------------------------
OTHER INFORMATION
--------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 9,435,355.53 9,435,355.53
Principal remittance amount 7,137,541.71 7,137,541.71
Interest remittance amount 2,297,813.82 2,297,813.82
