NORWEST ASSET SEC CORP MORT PASS THR CERT SER 1999-5
8-K, 1999-04-08
ASSET-BACKED SECURITIES
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				  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):  March 25, 1999
					
		      NORWEST ASSET SECURITIES CORPORATION
	     Mortgage Pass-Through Certificates, Series 1999-5 Trust


New York (governing law of          333-65481-08   PENDING
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 March 25, 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 March 25, 
				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: 04/07/1999


				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 March 25, 
	       1999 distribution. 
		



<TABLE>
<CAPTION>
Norwest Asset Securities Corporation 
Mortgage Pass-Through Certificates
Record Date:            02/28/1999
Distribution Date:      03/25/1999

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%      1,840,080.96            0.00       11,348.25
    A-1        66937RML0         SEQ          6.25000%     75,000,000.00      390,625.00    1,037,570.57
    A-2        66937RMM8         SEQ          6.25000%     29,756,080.00      154,979.58      505,750.70
    A-3        66937RMN6         SEQ          6.25000%        949,072.00        4,943.08            0.00
    A-4        66937RMP1         SEQ          6.00000%     36,429,200.00      182,146.00      119,677.98
    A-5        66937RMQ9         SEQ          6.50000%     36,429,200.00      197,324.83      119,677.98
    A-6        66937RMR7         SEQ          6.25000%    150,452,094.00      783,604.66    2,478,126.55
    A-7        66937RMS5         SEQ          6.00000%     55,138,127.00      275,690.64      908,191.12
    A-8        66937RMT3         SEQ          6.50000%     55,138,127.00      298,664.85      908,191.12
    A-R        66937RMU0          R           6.25000%            100.00            0.52          100.00
    B-1        66937RMV8         SUB          6.25000%      3,376,000.00       17,583.33       11,090.91
    B-2        66937RMW6         SUB          6.25000%      1,801,000.00        9,380.21        5,916.68
    B-3        66937RMX4         SUB          6.25000%      1,575,000.00        8,203.12        5,174.22
    B-4        66937RNZ8         SUB          6.25000%        900,000.00        4,687.50        2,956.70
    B-5        66937RPA1         SUB          6.25000%        676,000.00        3,520.83        2,220.81
    B-6        66937RPB9         SUB          6.25000%        675,244.53        3,516.90          512.03
Totals                                                    450,135,325.49    2,334,871.05    6,116,505.62
</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           1,828,732.71                11,348.25                      0.00
A-1                            0.00          73,962,429.43             1,428,195.57                      0.00
A-2                            0.00          29,250,329.30               660,730.28                      0.00
A-3                            0.00             949,072.00                 4,943.08                      0.00
A-4                            0.00          36,309,522.02               301,823.98                      0.00
A-5                            0.00          36,309,522.02               317,002.81                      0.00
A-6                            0.00         147,973,967.45             3,261,731.21                      0.00
A-7                            0.00          54,229,935.88             1,183,881.76                      0.00
A-8                            0.00          54,229,935.88             1,206,855.97                      0.00
A-R                            0.00                   0.00                   100.52                      0.00
B-1                            0.00           3,364,909.09                28,674.24                      0.00
B-2                            0.00           1,795,083.32                15,296.89                      0.00
B-3                            0.00           1,569,825.78                13,377.34                      0.00
B-4                            0.00             897,043.30                 7,644.20                      0.00
B-5                            0.00             673,779.19                 5,741.64                      0.00
B-6                        1,706.30             673,026.20                 4,028.93                  1,706.30
Totals                     1,706.30         444,017,113.57             8,451,376.67                  1,706.30
<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       1,840,080.96          6,338.85         5,009.40           0.00            0.00
A-1                  75,000,000.00      75,000,000.00        246,391.59       791,178.98           0.00            0.00
A-2                  29,756,080.00      29,756,080.00        100,871.15       404,879.55           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      36,429,200.00        119,677.98             0.00           0.00            0.00
A-5                  36,429,200.00      36,429,200.00        119,677.98             0.00           0.00            0.00
A-6                 150,452,094.00     150,452,094.00        494,258.28     1,983,868.26           0.00            0.00
A-7                  55,138,127.00      55,138,127.00        181,137.23       727,053.89           0.00            0.00
A-8                  55,138,127.00      55,138,127.00        181,137.23       727,053.89           0.00            0.00
A-R                         100.00             100.00             19.94            80.06           0.00            0.00
B-1                   3,376,000.00       3,376,000.00         11,090.91             0.00           0.00            0.00
B-2                   1,801,000.00       1,801,000.00          5,916.68             0.00           0.00            0.00
B-3                   1,575,000.00       1,575,000.00          5,174.22             0.00           0.00            0.00
B-4                     900,000.00         900,000.00          2,956.70             0.00           0.00            0.00
B-5                     676,000.00         676,000.00          2,220.81             0.00           0.00            0.00
B-6                     675,244.53         675,244.53            512.03             0.00           0.00        1,706.30
Totals              450,135,325.49     450,135,325.49      1,477,381.58     4,639,124.03            0.00       1,706.30
<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                             11,348.25          1,828,732.71           0.99383274         11,348.25
A-1                           1,037,570.57         73,962,429.43           0.98616573      1,037,570.57
A-2                             505,750.70         29,250,329.30           0.98300345        505,750.70
A-3                                   0.00            949,072.00           1.00000000              0.00
A-4                             119,677.98         36,309,522.02           0.99671478        119,677.98
A-5                             119,677.98         36,309,522.02           0.99671478        119,677.98
A-6                           2,478,126.55        147,973,967.45           0.98352880      2,478,126.55
A-7                             908,191.12         54,229,935.88           0.98352880        908,191.12
A-8                             908,191.12         54,229,935.88           0.98352880        908,191.12
A-R                                 100.00                  0.00           0.00000000            100.00
B-1                              11,090.91          3,364,909.09           0.99671478         11,090.91
B-2                               5,916.68          1,795,083.32           0.99671478          5,916.68
B-3                               5,174.22          1,569,825.78           0.99671478          5,174.22
B-4                               2,956.70            897,043.30           0.99671478          2,956.70
B-5                               2,220.81            673,779.19           0.99671478          2,220.81
B-6                               2,218.33            673,026.20           0.99671478            512.03
Totals                        6,118,211.92        444,017,113.57           0.98640806      6,116,505.62
</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       1000.00000000         3.44487560          2.72238022        0.00000000
A-1                    75,000,000.00       1000.00000000         3.28522120         10.54905307        0.00000000
A-2                    29,756,080.00       1000.00000000         3.38993409         13.60661586        0.00000000
A-3                       949,072.00       1000.00000000         0.00000000          0.00000000        0.00000000
A-4                    36,429,200.00       1000.00000000         3.28522120          0.00000000        0.00000000
A-5                    36,429,200.00       1000.00000000         3.28522120          0.00000000        0.00000000
A-6                   150,452,094.00       1000.00000000         3.28515388         13.18604618        0.00000000
A-7                    55,138,127.00       1000.00000000         3.28515385         13.18604620        0.00000000
A-8                    55,138,127.00       1000.00000000         3.28515385         13.18604620        0.00000000
A-R                           100.00       1000.00000000       199.40000000        800.60000000        0.00000000
B-1                     3,376,000.00       1000.00000000         3.28522216          0.00000000        0.00000000
B-2                     1,801,000.00       1000.00000000         3.28521932          0.00000000        0.00000000
B-3                     1,575,000.00       1000.00000000         3.28521905          0.00000000        0.00000000
B-4                       900,000.00       1000.00000000         3.28522222          0.00000000        0.00000000
B-5                       676,000.00       1000.00000000         3.28522189          0.00000000        0.00000000
B-6                       675,244.53       1000.00000000         0.75828826          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          6.16725581            993.83274419          0.99383274         6.16725581
A-1                     0.00000000         13.83427427            986.16572573          0.98616573        13.83427427
A-2                     0.00000000         16.99654995            983.00345005          0.98300345        16.99654995
A-3                     0.00000000          0.00000000          1,000.00000000          1.00000000         0.00000000
A-4                     0.00000000          3.28522120            996.71477880          0.99671478         3.28522120
A-5                     0.00000000          3.28522120            996.71477880          0.99671478         3.28522120
A-6                     0.00000000         16.47120013            983.52879987          0.98352880        16.47120013
A-7                     0.00000000         16.47120005            983.52879995          0.98352880        16.47120005
A-8                     0.00000000         16.47120005            983.52879995          0.98352880        16.47120005
A-R                     0.00000000       1000.00000000              0.00000000          0.00000000      1000.00000000
B-1                     0.00000000          3.28522216            996.71477784          0.99671478         3.28522216
B-2                     0.00000000          3.28521932            996.71478068          0.99671478         3.28521932
B-3                     0.00000000          3.28521905            996.71478095          0.99671478         3.28521905
B-4                     0.00000000          3.28522222            996.71477778          0.99671478         3.28522222
B-5                     0.00000000          3.28522189            996.71477811          0.99671478         3.28522189
B-6                     2.52693643          3.28522469            996.71477531          0.99671478         0.75828826
<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%       1,840,080.96                0.00           0.00             0.00
A-1                75,000,000.00        6.25000%      75,000,000.00          390,625.00           0.00             0.00
A-2                29,756,080.00        6.25000%      29,756,080.00          154,979.58           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%      36,429,200.00          182,146.00           0.00             0.00
A-5                36,429,200.00        6.50000%      36,429,200.00          197,324.83           0.00             0.00
A-6               150,452,094.00        6.25000%     150,452,094.00          783,604.66           0.00             0.00
A-7                55,138,127.00        6.00000%      55,138,127.00          275,690.64           0.00             0.00
A-8                55,138,127.00        6.50000%      55,138,127.00          298,664.85           0.00             0.00
A-R                       100.00        6.25000%             100.00                0.52           0.00             0.00
B-1                 3,376,000.00        6.25000%       3,376,000.00           17,583.33           0.00             0.00
B-2                 1,801,000.00        6.25000%       1,801,000.00            9,380.21           0.00             0.00
B-3                 1,575,000.00        6.25000%       1,575,000.00            8,203.12           0.00             0.00
B-4                   900,000.00        6.25000%         900,000.00            4,687.50           0.00             0.00
B-5                   676,000.00        6.25000%         676,000.00            3,520.83           0.00             0.00
B-6                   675,244.53        6.25000%         675,244.53            3,516.90           0.00             0.00
Totals            450,135,325.49                                           2,334,871.05           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       1,828,732.71
 A-1                            0.00                0.00           390,625.00                0.00      73,962,429.43
 A-2                            0.00                0.00           154,979.58                0.00      29,250,329.30
 A-3                            0.00                0.00             4,943.08                0.00         949,072.00
 A-4                            0.00                0.00           182,146.00                0.00      36,309,522.02
 A-5                            0.00                0.00           197,324.83                0.00      36,309,522.02
 A-6                            0.00                0.00           783,604.66                0.00     147,973,967.45
 A-7                            0.00                0.00           275,690.64                0.00      54,229,935.88
 A-8                            0.00                0.00           298,664.85                0.00      54,229,935.88
 A-R                            0.00                0.00                 0.52                0.00               0.00
 B-1                            0.00                0.00            17,583.33                0.00       3,364,909.09
 B-2                            0.00                0.00             9,380.21                0.00       1,795,083.32
 B-3                            0.00                0.00             8,203.12                0.00       1,569,825.78
 B-4                            0.00                0.00             4,687.50                0.00         897,043.30
 B-5                            0.00                0.00             3,520.83                0.00         673,779.19
 B-6                            0.00                0.00             3,516.90                0.00         673,026.20
 Totals                         0.00                0.00         2,334,871.05                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%        1000.00000000        0.00000000        0.00000000        0.00000000
A-1                  75,000,000.00        6.25000%        1000.00000000        5.20833333        0.00000000        0.00000000
A-2                  29,756,080.00        6.25000%        1000.00000000        5.20833322        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%        1000.00000000        5.00000000        0.00000000        0.00000000
A-5                  36,429,200.00        6.50000%        1000.00000000        5.41666658        0.00000000        0.00000000
A-6                 150,452,094.00        6.25000%        1000.00000000        5.20833336        0.00000000        0.00000000
A-7                  55,138,127.00        6.00000%        1000.00000000        5.00000009        0.00000000        0.00000000
A-8                  55,138,127.00        6.50000%        1000.00000000        5.41666658        0.00000000        0.00000000
A-R                         100.00        6.25000%        1000.00000000        5.20000000        0.00000000        0.00000000
B-1                   3,376,000.00        6.25000%        1000.00000000        5.20833235        0.00000000        0.00000000
B-2                   1,801,000.00        6.25000%        1000.00000000        5.20833426        0.00000000        0.00000000
B-3                   1,575,000.00        6.25000%        1000.00000000        5.20833016        0.00000000        0.00000000
B-4                     900,000.00        6.25000%        1000.00000000        5.20833333        0.00000000        0.00000000
B-5                     676,000.00        6.25000%        1000.00000000        5.20832840        0.00000000        0.00000000
B-6                     675,244.53        6.25000%        1000.00000000        5.20833542        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          993.83274419
A-1                   0.00000000        0.00000000         5.20833333          0.00000000          986.16572573
A-2                   0.00000000        0.00000000         5.20833322          0.00000000          983.00345005
A-3                   0.00000000        0.00000000         5.20832982          0.00000000         1000.00000000
A-4                   0.00000000        0.00000000         5.00000000          0.00000000          996.71477880
A-5                   0.00000000        0.00000000         5.41666658          0.00000000          996.71477880
A-6                   0.00000000        0.00000000         5.20833336          0.00000000          983.52879987
A-7                   0.00000000        0.00000000         5.00000009          0.00000000          983.52879995
A-8                   0.00000000        0.00000000         5.41666658          0.00000000          983.52879995
A-R                   0.00000000        0.00000000         5.20000000          0.00000000            0.00000000
B-1                   0.00000000        0.00000000         5.20833235          0.00000000          996.71477784
B-2                   0.00000000        0.00000000         5.20833426          0.00000000          996.71478068
B-3                   0.00000000        0.00000000         5.20833016          0.00000000          996.71478095
B-4                   0.00000000        0.00000000         5.20833333          0.00000000          996.71477778
B-5                   0.00000000        0.00000000         5.20832840          0.00000000          996.71477811
B-6                   0.00000000        0.00000000         5.20833542          0.00000000          996.71477531
<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                                                                                        0.00
Deposits
    Payments of Interest and Principal                                                           8,637,311.78
    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                                                                                   8,637,311.78

Withdrawals
    Reimbursement for Servicer Advances                                                                  0.00
    Payment of Service Fee                                                                          95,025.41
    Payment of Interest and Principal                                                            8,451,376.70
Total Withdrawals (Pool Distribution Amount)                                                     8,546,402.11

Ending Balance                                                                                      90,909.67

</TABLE>
<TABLE>
<CAPTION>

					    PREPAYMENT/CURTAILMENT INTEREST SHORTFALL

<S>                                                                                   <C>

Total Prepayment/Curtailment Interest Shortfall                                                      5,061.31
Servicing Fee Support                                                                                5,061.31
Non-Supported Prepayment/Curtailment Interest Shortfall                                                  0.00
</TABLE>
<TABLE>
<CAPTION>

							 SERVICING FEES

<S>                                                                                   <C>
Gross Servicing Fee                                                                                 93,714.16
Master Servicing Fee                                                                                 6,372.56
Supported Prepayment/Curtailment Interest Shortfall                                                  5,061.31
Net Servicing Fee                                                                                   95,025.41

</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                                   6      1,895,064.18               0.483092%          0.426800%
60 Days                                   1        282,241.29               0.080515%          0.063565%
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                                    7      2,177,305.47               0.563607%          0.490365%
</TABLE>
<TABLE>
<CAPTION>
						       OTHER INFORMATION

<S>                                                                             <C>
Current Period Realized Loss - Includes Interest Shortfall                                       1,706.30
Cumulative Realized Losses - Includes Interest Shortfall                                         1,706.30
Current Period Class A Insufficient Funds                                                            0.00
Principal Balance of Contaminated Properties                                                         0.00
Periodic Advance                                                                               591,936.52
</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%       8,973,666.88    2.02101825%      97.970624%    100.000000%
Class    B-1        5,627,244.53      1.25012284%       5,608,757.79    1.26318505%       0.760967%      0.000000%
Class    B-2        3,826,244.53      0.85002094%       3,813,674.47    0.85890259%       0.405954%      0.000000%
Class    B-3        2,251,244.53      0.50012616%       2,243,848.69    0.50535185%       0.355013%      0.000000%
Class    B-4        1,351,244.53      0.30018629%       1,346,805.39    0.30332286%       0.202865%      0.000000%
Class    B-5          675,244.53      0.15000923%         673,026.20    0.15157664%       0.152374%      0.000000%
Class    B-6                0.00      0.00000000%               0.00    0.00000000%       0.152204%      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       0.02252165%
		      Fraud       9,002,706.51       2.00000000%      9,002,706.51       2.02755845%
	     Special Hazard       8,468,415.41       1.88130434%      8,468,415.41       1.90722726%
<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                                         6.811826%
Weighted Average Pass-Through Rate                                    6.250000%
Weighted Average Maturity(Stepdown Calculation )                            176
Begin Scheduled Collateral Loan Count                                     1,254

Number Of Loans Paid In Full                                                 12
End Scheduled Collateral Loan Count                                       1,242
Begining Scheduled Collateral Balance                            450,135,325.49
Ending Scheduled Collateral Balance                              444,017,113.56
Ending Actual Collateral Balance at 28-Feb-1999                  443,345,916.30
Ending Scheduled Balance For Norwest                             381,728,561.84
Ending Scheduled Balance For Other Services                       62,288,551.72
Monthly P &I Constant                                              3,923,516.46
Class A Optimal Amount                                             8,365,265.17
Class AP Deferred Amount                                                   0.00
Ending Scheduled Balance for Premium Loans                       365,351,207.67
Ending scheduled Balance For discounted Loans                     78,665,905.89
Unpaid Principal Balance Of Outstanding Mortgage Loans 
With Original LTV:
    Less Than Or Equal To 80%                                    438,126,626.50
    Greater Than 80%, less than or equal to 85%                      801,926.57
    Greater than 85%, less than or equal to 95%                    5,244,997.01
    Greater than 95%                                                       0.00
</TABLE>





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