UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D. C. 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 26, 1999
NORWEST ASSET SECURITIES CORPORATION
Mortgage Pass-Through Certificates, Series 1999-5 Trust
New York (governing law of 333-65481-08 52-2155934
Pooling and Servicing Agreement) (Commission IRS EIN
(State or other File Number)
jurisdiction
c/o Norwest Bank Minnesota, N.A.
11000 Broken Land Parkway 21044
Columbia, Maryland (Zip Code)
(Address of principal executive offices)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
ITEM 5. Other Events
On April 26, 1999 a distribution was made to holders of NORWEST ASSET
SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 1999-5
Trust.
ITEM 7. Financial Statements and Exhibits
(c) Exhibits furnished in accordance with Item 601(a) of
Regulation S-K
Exhibit Number Description
Monthly report distributed to holders of
EX-99.1 Mortgage Pass-Through Certificates, Series
1999-5 Trust, relating to the April 26,
1999 distribution.
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.
NORWEST ASSET SECURITIES CORPORATION
Mortgage Pass-Through Certificates, Series 1999-5 Trust
By: Norwest Bank Minnesota, N.A., as Master Servicer
By: /s/ Sherri J. Sharps, Vice President
By: Sherri J. Sharps, Vice President
Date: 05/06/1999
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through
Certificates, Series 1999-5 Trust, relating to the April 26,
1999 distribution.
<TABLE>
<CAPTION>
Norwest Asset Securities Corporation
Mortgage Pass-Through Certificates
Record Date: 03/31/1999
Distribution Date: 04/26/1999
NASCOR Series: 1999-5
Contact: Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
Telephone: (301) 846-8130
Fax: (301) 846-8152
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest Principal
Class CUSIP Description Rate Balance Distribution Distribution
<S> <C> <C> <C> <C> <C> <C>
A-PO NMB9905PO PO 0.00000% 1,828,732.71 0.00 7,140.56
A-1 66937RML0 SEQ 6.25000% 73,962,429.43 385,220.99 477,473.37
A-2 66937RMM8 SEQ 6.25000% 29,250,329.30 152,345.47 218,753.26
A-3 66937RMN6 SEQ 6.25000% 949,072.00 4,943.08 0.00
A-4 66937RMP1 SEQ 6.00000% 36,309,522.02 181,547.61 121,465.78
A-5 66937RMQ9 SEQ 6.50000% 36,309,522.02 196,676.58 121,465.78
A-6 66937RMR7 SEQ 6.25000% 147,973,967.45 770,697.75 1,071,868.51
A-7 66937RMS5 SEQ 6.00000% 54,229,935.88 271,149.68 392,821.53
A-8 66937RMT3 SEQ 6.50000% 54,229,935.88 293,745.49 392,821.53
A-R 66937RMU0 R 6.25000% 0.00 0.00 0.00
B-1 66937RMV8 MEZ 6.25000% 3,364,909.09 17,525.57 11,256.59
B-2 66937RMW6 SUB 6.25000% 1,795,083.32 9,349.39 6,005.07
B-3 66937RMX4 SUB 6.25000% 1,569,825.78 8,176.18 5,251.52
B-4 66937RNZ8 SUB 6.25000% 897,043.30 4,672.10 3,000.87
B-5 66937RPA1 SUB 6.25000% 673,779.19 3,509.27 2,253.98
B-6 66937RPB9 SUB 6.25000% 673,026.20 3,505.34 2,194.00
Totals 444,017,113.57 2,303,064.50 2,833,772.35
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<S> <C> <C> <C> <C>
A-PO 0.00 1,821,592.15 7,140.56 0.00
A-1 0.00 73,484,956.06 862,694.36 0.00
A-2 0.00 29,031,576.04 371,098.73 0.00
A-3 0.00 949,072.00 4,943.08 0.00
A-4 0.00 36,188,056.24 303,013.39 0.00
A-5 0.00 36,188,056.24 318,142.36 0.00
A-6 0.00 146,902,098.94 1,842,566.26 0.00
A-7 0.00 53,837,114.35 663,971.21 0.00
A-8 0.00 53,837,114.35 686,567.02 0.00
A-R 0.00 0.00 0.00 0.00
B-1 0.00 3,353,652.51 28,782.16 0.00
B-2 0.00 1,789,078.25 15,354.46 0.00
B-3 0.00 1,564,574.26 13,427.70 0.00
B-4 0.00 894,042.43 7,672.97 0.00
B-5 0.00 671,525.21 5,763.25 0.00
B-6 57.46 670,774.74 5,699.34 1,763.76
Totals 57.46 441,183,283.77 5,136,836.85 1,763.76
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
Edward M. Frere, Jr.
Vice President, Norwest Bank Minnesota, N.A.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<S> <C> <C> <C> <C> <C> <C>
A-PO 1,840,080.96 1,828,732.71 6,394.46 746.10 0.00 0.00
A-1 75,000,000.00 73,962,429.43 247,425.57 230,047.80 0.00 0.00
A-2 29,756,080.00 29,250,329.30 101,025.67 117,727.59 0.00 0.00
A-3 949,072.00 949,072.00 0.00 0.00 0.00 0.00
A-4 36,429,200.00 36,309,522.02 121,465.78 0.00 0.00 0.00
A-5 36,429,200.00 36,309,522.02 121,465.78 0.00 0.00 0.00
A-6 150,452,094.00 147,973,967.45 495,015.42 576,853.09 0.00 0.00
A-7 55,138,127.00 54,229,935.88 181,414.71 211,406.82 0.00 0.00
A-8 55,138,127.00 54,229,935.88 181,414.71 211,406.82 0.00 0.00
A-R 100.00 0.00 0.00 0.00 0.00 0.00
B-1 3,376,000.00 3,364,909.09 11,256.59 0.00 0.00 0.00
B-2 1,801,000.00 1,795,083.32 6,005.07 0.00 0.00 0.00
B-3 1,575,000.00 1,569,825.78 5,251.52 0.00 0.00 0.00
B-4 900,000.00 897,043.30 3,000.87 0.00 0.00 0.00
B-5 676,000.00 673,779.19 2,253.98 0.00 0.00 0.00
B-6 675,244.53 673,026.20 2,194.00 0.00 0.00 57.46
Totals 450,135,325.49 444,017,113.57 1,485,584.13 1,348,188.22 0.00 57.46
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<S> <C> <C> <C> <C>
A-PO 7,140.56 1,821,592.15 0.98995218 7,140.56
A-1 477,473.37 73,484,956.06 0.97979941 477,473.37
A-2 218,753.26 29,031,576.04 0.97565190 218,753.26
A-3 0.00 949,072.00 1.00000000 0.00
A-4 121,465.78 36,188,056.24 0.99338048 121,465.78
A-5 121,465.78 36,188,056.24 0.99338048 121,465.78
A-6 1,071,868.51 146,902,098.94 0.97640448 1,071,868.51
A-7 392,821.53 53,837,114.35 0.97640448 392,821.53
A-8 392,821.53 53,837,114.35 0.97640448 392,821.53
A-R 0.00 0.00 0.00000000 0.00
B-1 11,256.59 3,353,652.51 0.99338048 11,256.59
B-2 6,005.07 1,789,078.25 0.99338048 6,005.07
B-3 5,251.52 1,564,574.26 0.99338048 5,251.52
B-4 3,000.87 894,042.43 0.99338048 3,000.87
B-5 2,253.98 671,525.21 0.99338049 2,253.98
B-6 2,251.46 670,774.74 0.99338049 2,194.00
Totals 2,833,829.81 441,183,283.77 0.98011255 2,833,772.35
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<S> <C> <C> <C> <C> <C>
A-PO 1,840,080.96 993.83274419 3.47509710 0.40547129 0.00000000
A-1 75,000,000.00 986.16572573 3.29900760 3.06730400 0.00000000
A-2 29,756,080.00 983.00345005 3.39512698 3.95642134 0.00000000
A-3 949,072.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-4 36,429,200.00 996.71477880 3.33429721 0.00000000 0.00000000
A-5 36,429,200.00 996.71477880 3.33429721 0.00000000 0.00000000
A-6 150,452,094.00 983.52879987 3.29018631 3.83413135 0.00000000
A-7 55,138,127.00 983.52879995 3.29018630 3.83413133 0.00000000
A-8 55,138,127.00 983.52879995 3.29018630 3.83413133 0.00000000
A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000
B-1 3,376,000.00 996.71477784 3.33429799 0.00000000 0.00000000
B-2 1,801,000.00 996.71478068 3.33429761 0.00000000 0.00000000
B-3 1,575,000.00 996.71478095 3.33429841 0.00000000 0.00000000
B-4 900,000.00 996.71477778 3.33430000 0.00000000 0.00000000
B-5 676,000.00 996.71477811 3.33428994 0.00000000 0.00000000
B-6 675,244.53 996.71477531 3.24919330 0.00000000 0.00000000
<FN>
2) Per $1,000 denomination
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<S> <C> <C> <C> <C> <C>
A-PO 0.00000000 3.88056839 989.95217580 0.98995218 3.88056839
A-1 0.00000000 6.36631160 979.79941413 0.97979941 6.36631160
A-2 0.00000000 7.35154832 975.65190173 0.97565190 7.35154832
A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-4 0.00000000 3.33429721 993.38048159 0.99338048 3.33429721
A-5 0.00000000 3.33429721 993.38048159 0.99338048 3.33429721
A-6 0.00000000 7.12431766 976.40448221 0.97640448 7.12431766
A-7 0.00000000 7.12431763 976.40448233 0.97640448 7.12431763
A-8 0.00000000 7.12431763 976.40448233 0.97640448 7.12431763
A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
B-1 0.00000000 3.33429799 993.38048282 0.99338048 3.33429799
B-2 0.00000000 3.33429761 993.38048306 0.99338048 3.33429761
B-3 0.00000000 3.33429841 993.38048254 0.99338048 3.33429841
B-4 0.00000000 3.33430000 993.38047778 0.99338048 3.33430000
B-5 0.00000000 3.33428994 993.38048817 0.99338049 3.33428994
B-6 0.08509510 3.33428839 993.38048692 0.99338049 3.24919330
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class Amount Rate Balance Interest Shortfall Shortfall
<S> <C> <C> <C> <C> <C> <C>
A-PO 1,840,080.96 0.00000% 1,828,732.71 0.00 0.00 0.00
A-1 75,000,000.00 6.25000% 73,962,429.43 385,220.99 0.00 0.00
A-2 29,756,080.00 6.25000% 29,250,329.30 152,345.47 0.00 0.00
A-3 949,072.00 6.25000% 949,072.00 4,943.08 0.00 0.00
A-4 36,429,200.00 6.00000% 36,309,522.02 181,547.61 0.00 0.00
A-5 36,429,200.00 6.50000% 36,309,522.02 196,676.58 0.00 0.00
A-6 150,452,094.00 6.25000% 147,973,967.45 770,697.75 0.00 0.00
A-7 55,138,127.00 6.00000% 54,229,935.88 271,149.68 0.00 0.00
A-8 55,138,127.00 6.50000% 54,229,935.88 293,745.49 0.00 0.00
A-R 100.00 6.25000% 0.00 0.00 0.00 0.00
B-1 3,376,000.00 6.25000% 3,364,909.09 17,525.57 0.00 0.00
B-2 1,801,000.00 6.25000% 1,795,083.32 9,349.39 0.00 0.00
B-3 1,575,000.00 6.25000% 1,569,825.78 8,176.18 0.00 0.00
B-4 900,000.00 6.25000% 897,043.30 4,672.10 0.00 0.00
B-5 676,000.00 6.25000% 673,779.19 3,509.27 0.00 0.00
B-6 675,244.53 6.25000% 673,026.20 3,505.34 0.00 0.00
Totals 450,135,325.49 2,303,064.50 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<S> <C> <C> <C> <C> <C>
A-PO 0.00 0.00 0.00 0.00 1,821,592.15
A-1 0.00 0.00 385,220.99 0.00 73,484,956.06
A-2 0.00 0.00 152,345.47 0.00 29,031,576.04
A-3 0.00 0.00 4,943.08 0.00 949,072.00
A-4 0.00 0.00 181,547.61 0.00 36,188,056.24
A-5 0.00 0.00 196,676.58 0.00 36,188,056.24
A-6 0.00 0.00 770,697.75 0.00 146,902,098.94
A-7 0.00 0.00 271,149.68 0.00 53,837,114.35
A-8 0.00 0.00 293,745.49 0.00 53,837,114.35
A-R 0.00 0.00 0.00 0.00 0.00
B-1 0.00 0.00 17,525.57 0.00 3,353,652.51
B-2 0.00 0.00 9,349.39 0.00 1,789,078.25
B-3 0.00 0.00 8,176.18 0.00 1,564,574.26
B-4 0.00 0.00 4,672.10 0.00 894,042.43
B-5 0.00 0.00 3,509.27 0.00 671,525.21
B-6 0.00 0.00 3,505.34 0.00 670,774.74
Totals 0.00 0.00 2,303,064.50 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class (5) Amount Rate Balance Interest Shortfall Shortfall
<S> <C> <C> <C> <C> <C> <C>
A-PO 1,840,080.96 0.00000% 993.83274419 0.00000000 0.00000000 0.00000000
A-1 75,000,000.00 6.25000% 986.16572573 5.13627987 0.00000000 0.00000000
A-2 29,756,080.00 6.25000% 983.00345005 5.11980980 0.00000000 0.00000000
A-3 949,072.00 6.25000% 1000.00000000 5.20832982 0.00000000 0.00000000
A-4 36,429,200.00 6.00000% 996.71477880 4.98357389 0.00000000 0.00000000
A-5 36,429,200.00 6.50000% 996.71477880 5.39887178 0.00000000 0.00000000
A-6 150,452,094.00 6.25000% 983.52879987 5.12254585 0.00000000 0.00000000
A-7 55,138,127.00 6.00000% 983.52879995 4.91764401 0.00000000 0.00000000
A-8 55,138,127.00 6.50000% 983.52879995 5.32744774 0.00000000 0.00000000
A-R 100.00 6.25000% 0.00000000 0.00000000 0.00000000 0.00000000
B-1 3,376,000.00 6.25000% 996.71477784 5.19122334 0.00000000 0.00000000
B-2 1,801,000.00 6.25000% 996.71478068 5.19122154 0.00000000 0.00000000
B-3 1,575,000.00 6.25000% 996.71478095 5.19122540 0.00000000 0.00000000
B-4 900,000.00 6.25000% 996.71477778 5.19122222 0.00000000 0.00000000
B-5 676,000.00 6.25000% 996.71477811 5.19122781 0.00000000 0.00000000
B-6 675,244.53 6.25000% 996.71477531 5.19121569 0.00000000 0.00000000
<FN>
5) Per $1,000 denomination
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<S> <C> <C> <C> <C> <C>
A-PO 0.00000000 0.00000000 0.00000000 0.00000000 989.95217580
A-1 0.00000000 0.00000000 5.13627987 0.00000000 979.79941413
A-2 0.00000000 0.00000000 5.11980980 0.00000000 975.65190173
A-3 0.00000000 0.00000000 5.20832982 0.00000000 1000.00000000
A-4 0.00000000 0.00000000 4.98357389 0.00000000 993.38048159
A-5 0.00000000 0.00000000 5.39887178 0.00000000 993.38048159
A-6 0.00000000 0.00000000 5.12254585 0.00000000 976.40448221
A-7 0.00000000 0.00000000 4.91764401 0.00000000 976.40448233
A-8 0.00000000 0.00000000 5.32744774 0.00000000 976.40448233
A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
B-1 0.00000000 0.00000000 5.19122334 0.00000000 993.38048282
B-2 0.00000000 0.00000000 5.19122154 0.00000000 993.38048306
B-3 0.00000000 0.00000000 5.19122540 0.00000000 993.38048254
B-4 0.00000000 0.00000000 5.19122222 0.00000000 993.38047778
B-5 0.00000000 0.00000000 5.19122781 0.00000000 993.38048817
B-6 0.00000000 0.00000000 5.19121569 0.00000000 993.38048692
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
CERTIFICATE ACCOUNT
<S> <C>
Beginning Balance 90,909.67
Deposits
Payments of Interest and Principal 5,159,586.10
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 0.00
Realized Losses 0.00
Total Deposits 5,159,586.10
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 98,166.71
Payment of Interest and Principal 5,136,836.83
Total Withdrawals (Pool Distribution Amount) 5,235,003.54
Ending Balance 15,492.23
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment/Curtailment Interest Shortfall 625.42
Servicing Fee Support 625.42
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 92,502.00
Master Servicing Fee 6,290.14
Supported Prepayment/Curtailment Interest Shortfall 625.42
Net Servicing Fee 98,166.71
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Percentage Delinquent
Based On
Current Unpaid
Number Principal Number Unpaid
Of Loans Balance Of Loans Balance
<S> <C> <C> <C> <C>
30 Days 4 1,662,190.94 0.322841% 0.376757%
60 Days 0 0.00 0.000000% 0.000000%
90+ Days 0 0.00 0.000000% 0.000000%
Foreclosure 0 0.00 0.000000% 0.000000%
REO 0 0.00 0.000000% 0.000000%
Totals 4 1,662,190.94 0.322841% 0.376757%
</TABLE>
<TABLE>
<CAPTION>
OTHER INFORMATION
<S> <C>
Current Period Realized Loss - Includes Interest Shortfall 57.46
Cumulative Realized Losses - Includes Interest Shortfall 1,763.76
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 620,658.81
</TABLE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE
Current Next
Original $ Original % Current $ Current % Class% Prepayment%
<S> <C> <C> <C> <C> <C> <C> <C>
Class A 9,003,244.53 2.00011952% 8,943,647.40 2.02719544% 97.964400% 100.000000%
Class B-1 5,627,244.53 1.25012284% 5,589,994.89 1.26704594% 0.763301% 0.000000%
Class B-2 3,826,244.53 0.85002094% 3,800,916.64 0.86152780% 0.407199% 0.000000%
Class B-3 2,251,244.53 0.50012616% 2,236,342.38 0.50689644% 0.356102% 0.000000%
Class B-4 1,351,244.53 0.30018629% 1,342,299.95 0.30424996% 0.203487% 0.000000%
Class B-5 675,244.53 0.15000923% 670,774.74 0.15203993% 0.152841% 0.000000%
Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.152670% 0.000000%
<FN>
Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
</FN>
</TABLE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 100,000.00 0.02221554% 100,000.00 0.02266632%
Fraud 9,002,706.51 2.00000000% 9,002,706.51 2.04058196%
Special Hazard 8,468,415.41 1.88130434% 8,468,415.41 1.91947785%
<FN>
Limit of Subordinate's Exposure to Certain Types of Losses
</FN>
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 15 Year
Weighted Average Gross Coupon 6.809408%
Weighted Average Pass-Through Rate 6.250000%
Weighted Average Maturity(Stepdown Calculation ) 175
Begin Scheduled Collateral Loan Count 1,242
Number Of Loans Paid In Full 3
End Scheduled Collateral Loan Count 1,239
Begining Scheduled Collateral Balance 444,017,113.56
Ending Scheduled Collateral Balance 441,183,283.75
Ending Actual Collateral Balance at 31-Mar-1999 442,484,720.39
Ending Scheduled Balance For Norwest 379,117,704.80
Ending Scheduled Balance For Other Services 62,065,578.95
Monthly P&I Constant 3,890,730.49
Class A Optimal Amount 5,052,996.41
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 362,814,504.74
Ending scheduled Balance For discounted Loans 78,368,779.01
Unpaid Principal Balance Of Outstanding Mortgage Loans
With Original LTV:
Less Than Or Equal To 80% 435,317,894.00
Greater Than 80%, less than or equal to 85% 797,508.26
Greater than 85%, less than or equal to 95% 5,226,201.87
Greater than 95% 0.00
</TABLE>
