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Previous: ONYX ACCEPTANCE OWNER TRUST 1999-A, 8-K, 1999-09-01 |
Next: ABN AMRO MORTGAGE CORP SERIES 1998-3, 8-K, 1999-09-01 |
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: August 25, 1999
(Date of earliest event reported)
ABN AMRO Mortgage Corporation
(Sponsor)
(Issuer in Respect of Commercial Mortgage Pass-Through
Certificates Series 1998-2)
Exact name of registrant as specified in charter)
Delaware 333-42127-02 363886007
(State or other juris- (Commission (I.R.S. Employer
diction of organization) File No.) Identification No.)
181 West Madison Street Chicago, Illinois 60602
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code
(248) 643-2530
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS
(c) Exhibits
Exhibit No. Description
99.1 Monthly distribution report pursuant to
Section 4.02 of the Pooling and Servicing
Agreement for the distribution on
August 25, 1999.
Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report
to be signed on behalf of the Registrant by the
undersigned thereunto duly authorized.
LASALLE NATIONAL BANK, IN ITS CAPACITY AS TRUSTEE
UNDER THE POOLING AND SERVICING AGREEMENT ON BEHALF OF
ABN AMRO Mortgage Corporation, REGISTRANT
By: /s/ Russell Goldenberg
Russell Goldenberg,
Senior Vice President
Dated: August 27, 1999
ABN AMRO
LaSalle Bank N.A.
Administrator:
Roxane Ellwanger (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
ABN AMRO Mortgage Corporation
(LaSalle Home Mortgage Corporation, as Servicer)
Multi-Class Mortgage Pass-Through Certificates
Series 1998-2
Payment Date: 08/25/99
Prior Payment: 07/26/99
Record Date: 07/30/99
WAC: 7.293077%
WAMM: 323
Number Of Pages
Table Of Contents 1
REMIC Certificate Report 3
Other Related Information 2
Asset Backed Facts Sheets 3
Delinquency Loan Detail
Total Pages Included In This Package 9
LaSalle Web Site www.lnbabs.com
LaSalle Bulletin Board (714) 282-3990
ASAP #: 352
Monthly Data File Name: 0352MMYY.EXE
ABN AMRO Acct: 67-7966-30-1
Original Opening Principal
Class Face Value (1) Balance Payment
CUSIP Per $1,000 Per $1,000 Per $1,000
IA-1 85,806,003.00 87,766,364.09 333,15
00077BBV4 1000.000000000 1022.846432901 3.882691284
IA-2 42,000,000.00 42,000,00 0.00
00077BAX1 1000.000000000 1000.000000000 0.000000000
IA-3 22,300,000.00 9,570,0 1,424,125
00077BAY9 1000.000000000 429.152379821 63.862138565
IA-4 17,651,035.00 15,374,11 181,75
00077BAZ6 1000.000000000 871.003609703 10.297191071
IA-5 71,376,367.00 30,167,54 1,155,798
00077BBA0 1000.000000000 422.654600367 16.193008675
IA-6 5,754,681.00
00077BBB8 1000.000000000 0.000000000 0.000000000
IA-7 9,443,982.00 9,443,9 0.00
00077BBC6 1000.000000000 1000.000000000 0.000000000
IA-8 25,960,631.00 25,960,63 0.00
00077BBD4 1000.000000000 1000.000000000 0.000000000
IA-9 40,000,000.00 40,000,00 0.00
00077BBE2 1000.000000000 1000.000000000 0.000000000
IA-10 28,500,000.00 21,264,31 316,47
00077BBF9 1000.000000000 746.116482456 11.104376140
IA-11 1,430,000.00 1,430,0 0.00
00077BBG7 1000.000000000 1000.000000000 0.000000000
IA-12 9,500,000.00 9,500,0 0.00
00077BBH5 1000.000000000 1000.000000000 0.000000000
IA-13 9,995,480.00 9,995,4 0.00
00077BBJ1 1000.000000000 1000.000000000 0.000000000
IA-14 50,529,404.00 38,970,23 505,57
00077BBK8 1000.000000000 771.238837490 10.005572399
IA-X 12,784,321.00 9,505,4 0.00
00077BBL6 1000.000000000 743.527725759 0.000000000
Principal Negative Closing
Class Adj. or Loss Amortization Balance
CUSIP Per $1,000 Per $1,000 Per $1,000
IA-1 0.00 469,903.08 87,903,108.95
00077BBV4 0.000000000 5.476342722 1024.440084338
IA-2 0.00 0.00 42,000,000.
00077BAX1 0.000000000 0.000000000 1000.000000000
IA-3 0.00 0.00 8,145,972
00077BAY9 0.000000000 0.000000000 365.290241256
IA-4 0.00 0.00 15,192,359.
00077BAZ6 0.000000000 0.000000000 860.70641863
IA-5 0.00 0.00 29,011,751.
00077BBA0 0.000000000 0.000000000 406.461591692
IA-6 0.00 0.00
00077BBB8 0.000000000 0.000000000 0.000000000
IA-7 0.00 0.00 9,443,982
00077BBC6 0.000000000 0.000000000 1000.000000000
IA-8 0.00 0.00 25,960,631.
00077BBD4 0.000000000 0.000000000 1000.000000000
IA-9 0.00 0.00 40,000,000.
00077BBE2 0.000000000 0.000000000 1000.000000000
IA-10 0.00 0.00 20,947,845.
00077BBF9 0.000000000 0.000000000 735.012106316
IA-11 0.00 0.00 1,430,000
00077BBG7 0.000000000 0.000000000 1000.000000000
IA-12 0.00 0.00 9,500,000
00077BBH5 0.000000000 0.000000000 1000.000000000
IA-13 0.00 0.00 9,995,480
00077BBJ1 0.000000000 0.000000000 1000.000000000
IA-14 0.00 0.00 38,464,663.
00077BBK8 0.000000000 0.000000000 761.233265091
IA-X 0.00 0.00 9,409,174
00077BBL6 0.000000000 0.000000000 735.993302849
Interest Interest Pass-Through
Class Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Next Rate (3)
IA-1 100,274.50 (469,903.08) 0.077958464
00077BBV4 1.168618704 (5.476342722) 0.070300444
IA-2 224,000.00 0.00 0.064000000
00077BAX1 5.333333333 0.000000000 0.064
IA-3 51,040.52 0.00 0.064000000
00077BAY9 2.288812556 0.000000000 0.064
IA-4 81,995.28 0.00 0.064000000
00077BAZ6 4.645352525 0.000000000 0.064
IA-5 175,977.37 0.00 0.070000000
00077BBA0 2.465485109 0.000000000 0.07
IA-6 0.00 0.00 0.070000000
00077BBB8 0.000000000 0.000000000 0.07
IA-7 50,367.90 0.00 0.064000000
00077BBC6 5.333332910 0.000000000 0.064
IA-8 138,456.70 0.00 0.064000000
00077BBD4 5.333333385 0.000000000 0.064
IA-9 213,333.33 0.00 0.064000000
00077BBE2 5.333333250 0.000000000 0.064
IA-10 119,611.80 0.00 0.0675
00077BBF9 4.196905263 0.000000000 0.0675
IA-11 8,043.75 0.00 0.0675
00077BBG7 5.625000000 0.000000000 0.0675
IA-12 53,437.50 0.00 0.0675
00077BBH5 5.625000000 0.000000000 0.0675
IA-13 56,224.58 0.00 0.0675
00077BBJ1 5.625000500 0.000000000 0.0675
IA-14 219,207.59 0.00 0.0675
00077BBK8 4.338218397 0.000000000 0.0675
IA-X 53,468.42 0.00 0.0675
00077BBL6 4.182343356 0.000000000 0.0675
ABN AMRO Acct: 67-7966-30-1
Original Opening Principal
Class Face Value (1) Balance Payment
CUSIP Per $1,000 Per $1,000 Per $1,000
IIA-1 37,595,583.00 31,024,797.93 121,149.95
00077BBN2 1000.000000000 825.224546458 3.222451691
IIA-X 1,507,139.00 1,016,0 0.00
00077BBP7 1000.000000000 674.130787539 0.000000000
IIA-P 352,210.00 334,230.62 1,310.48
00077BBQ5 1000.000000000 948.952670282 3.720734789
M 8,829,808.00 8,709,528.40 9,802.12
00077BBR3 1000.000000000 986.378005048 1.110117004
B-1 4,215,000.00 4,157,583.29 4,679.14
00077BBS1 1000.000000000 986.378004745 1.110116251
B-2 1,989,733.00 1,962,628.86 2,208.84
00077BBT9 1000.000000000 986.378001471 1.110118795
B-3 2,147,792.00 2,118,534.79 2,384.30
00077BBW2 1000.000000000 986.378005878 1.110116808
B-4 954,574.00 941,570.81 1,059.69
00077BBX0 1000.000000000 986.378017838 1.110118231
B-5 954,573.94 941,570.74 1,059.69
00077BBY8 1000.000000000 986.378006506 1.110118301
R (Component R- 100.00 0.00 0.00
9ABSB500 1000.000000000 0.000000000 0.000000000
Principal Negative Closing
Class Adj. or Loss Amortization Balance
CUSIP Per $1,000 Per $1,000 Per $1,000
IIA-1 0.00 0.00 30,903,647.98
00077BBN2 0.000000000 0.000000000 822.0020948
IIA-X 0.00 0.00 1,012,050.36
00077BBP7 0.000000000 0.000000000 671.5043275
IIA-P 0.00 0.00 332,920.14
00077BBQ5 0.000000000 0.000000000 945.2319355
M 0.00 0.00 8,699,726.28
00077BBR3 0.000000000 0.000000000 985.267888
B-1 0.00 0.00 4,152,904.15
00077BBS1 0.000000000 0.000000000 985.2678885
B-2 0.00 0.00 1,960,420.02
00077BBT9 0.000000000 0.000000000 985.2678827
B-3 0.00 0.00 2,116,150.49
00077BBW2 0.000000000 0.000000000 985.2678891
B-4 0.00 0.00 940,511.12
00077BBX0 0.000000000 0.000000000 985.2678996
B-5 0.00 0.00 940,511.05
00077BBY8 0.000000000 0.000000000 985.2678882
R (Component R- 0.00 0.00 0.00
9ABSB500 0.000000000 0.000000000 0.000000000
Interest Interest Pass-Through
Class Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Next Rate (3)
IIA-1 168,050.99 0.00 6.500000000%
00077BBN2 4.469966326 0.000000000 6.500000000%
IIA-X 5,503.38 0.00 6.500000000%
00077BBP7 3.651541099 0.000000000 6.500000000%
IIA-P 0.00 0.00
00077BBQ5 0.000000000 0.000000000
M 48,844.40 0.00 6.729788200%
00077BBR3 5.531762412 0.000000000 7.030044370%
B-1 23,316.38 0.00 6.729788200%
00077BBS1 5.531762752 0.000000000 7.030044370%
B-2 11,006.73 0.00 6.729788200%
00077BBT9 5.531762302 0.000000000 7.030044370%
B-3 11,881.08 0.00 6.729788200%
00077BBW2 5.531764715 0.000000000 7.030044370%
B-4 5,280.48 0.00 6.729788200%
00077BBX0 5.531766002 0.000000000 7.030044370%
B-5 5,280.49 0.00 6.729788200%
00077BBY8 5.531776826 0.000000000 7.030044370%
R (Component R- 10.81 0.00 6.750000000%
9ABSB500 108.10 0.000000000 6.750000000%
ABN AMRO Acct: 67-7966-30-1
Original Opening Principal
Class Face Value (1) Balance Payment
CUSIP Per $1,000 Per $1,000 Per $1,000
REMIC 1 Interes477,286,956.94 391,633,224.22 3,590,639.58
None 1000.000000000 820.540386712 7.523020539
R (Component R- 0.00 0.00 0.00
9ABSB500 1000.000000000 0.000000000 0.000000000
Principal Negative Closing
Class Adj. or Loss Amortization Balance
CUSIP Per $1,000 Per $1,000 Per $1,000
REMIC 1 Interes 0.00 0.00 388,042,584.64
None 0.000000000 0.000000000 813.017366173
R (Component R- 0.00 0.00 0.00
9ABSB500 0.000000000 0.000000000 0.000000000
Interest Interest Pass-Through
Class Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Next Rate (3)
REMIC 1 Interes 2,294,506.26 0.00 7.030576910%
None 4.80739360 0.00000000 7.030044370%
R (Component R- 10.80 (0.01)
9ABSB500 0.00002263 ###############
Other Related Information
Accrued ReimbursemeNet Prior
Class Certificatof Prior Prepayment Unpaid
Interest Losses Int. ShortfalInterest
IA-1 570,177. 0.00 0.00 0.00
IA-2 224,000. 0.00 0.00 0.00
IA-3 51,040. 0.00 0.00 0.00
IA-4 81,995. 0.00 0.00 0.00
IA-5 175,977. 0.00 0.00 0.00
IA-6 0.00 0.00 0.00
IA-7 50,367. 0.00 0.00 0.00
IA-8 138,456. 0.00 0.00 0.00
IA-9 213,333. 0.00 0.00 0.00
IA-10 119,611. 0.00 0.00 0.00
IA-11 8,043 0.00 0.00 0.00
IA-12 53,437. 0.00 0.00 0.00
IA-13 56,224. 0.00 0.00 0.00
IA-14 219,207. 0.00 0.00 0.00
IA-X 53,468. 0.00 0.00 0.00
IIA-1 168,050. 0.00 0.00 0.00
IIA-X 5,503 0.00 0.00 0.00
IIA-P 0.00 0.00 0.00 0.00
M 48,844. 0.00 0.00 0.00
B-1 23,316. 0.00 0.00 0.00
B-2 11,006. 0.00 0.00 0.00
B-3 11,881. 0.00 0.00 0.00
B-4 5,280 0.00 0.00 0.00
B-5 5,280 0.00 0.00 0.00
R (Compone 0.00 0.00 0.00
Total 2294517.05 0.00 0.00 0.00
Ending Actual
Class Unpaid Interest Distribution
Interest Loss of Interest
IA-1 0.00 0.00 570,177.58
IA-2 0.00 0.00 224,000.00
IA-3 0.00 0.00 51,040.52
IA-4 0.00 0.00 81,995.28
IA-5 0.00 0.00 175,977.37
IA-6 0.00 0.00 0.00
IA-7 0.00 0.00 50,367.90
IA-8 0.00 0.00 138,456.70
IA-9 0.00 0.00 213,333.33
IA-10 0.00 0.00 119,611.80
IA-11 0.00 0.00 8,043.75
IA-12 0.00 0.00 53,437.50
IA-13 0.00 0.00 56,224.58
IA-14 0.00 0.00 219,207.59
IA-X 0.00 0.00 53,468.42
IIA-1 0.00 0.00 168,050.99
IIA-X 0.00 0.00 5,503.38
IIA-P 0.00 0.00 0.00
M 0.00 0.00 48,844.40
B-1 0.00 0.00 23,316.38
B-2 0.00 0.00 11,006.73
B-3 0.00 0.00 11,881.08
B-4 0.00 0.00 5,280.48
B-5 0.00 0.00 5,280.48
R (Compone 0.00 0.00 10.81
Total 0.00 0.00 2,294,517.05
Advances
Prior Outstanding
Principal Interest
Servicer 30482.54 188469.89
Trustee: 0.00 0.00
Fiscal Ag 0.00 0.00
30482.54 188469.89
Current Period
Principal Interest
Servicer 21,391.11 107,542.30
Trustee: 0.00 0.00
Fiscal Ag 0.00 0.00
21,391.11 107,542.30
Recovered
Principal Interest
Servicer 24,379.75 140,729.11
Trustee: 0.00 0.00
Fiscal Ag 0.00 0.00
24,379.75 140,729.11
Outstanding
Principal Interest
Servicer 27,493.90 155,283.08
Trustee: 0.00 0.00
Fiscal Ag 0.00 0.00
27,493.90 155,283.08
Other Related Information
Summary of REO Properties
# Property Principal
Name Date of REOBalance Book Value
10
20
30
40
50
# Property Date of FinAmount Aggregate Other
Name Recovery of Proceeds Rev. Collected
10
20
30
40
50
Summary of Repurchased, Liquidated or Disposed Lo
Property Principal
# Name Loan NumberBalance Book Value
10
20
30
40
50
Property
# Name
10
20
30
40
50
Asset Backed Facts - Pool Total
DistributiDelinq 1 Month Delinq 2 Months
Date # Balance # Balance
08/25/99 7 2,829,031 0 0
0.56% 0.72% 0.00% 0.00%
07/26/99 5 1,564,275 0 0
0.39% 0.39% 0.00% 0.00%
06/25/99 1 324,625 1 469,474
0.08% 0.08% 0.08% 0.12%
05/25/99 3 1,250,931 0 0
0.23% 0.31% 0.00% 0.00%
04/26/99 3 1,177,316 1 325,617
0.23% 0.28% 0.08% 0.08%
03/25/99 2 752,637 0 0
0.15% 0.18% 0.00% 0.00%
02/25/99 6 2,247,672 0 0
0.44% 0.52% 0.00% 0.00%
01/25/99 5 1,603,874 1 357,815
0.36% 0.36% 0.07% 0.08%
12/28/98 5 1,767,487 3 965,873
0.35% 0.39% 0.21% 0.21%
11/25/98 6 2,044,116 1 300,334
0.42% 0.44% 0.07% 0.07%
10/26/98 5 1,409,819 4 1,356,035
0.34% 0.30% 0.28% 0.29%
09/25/98 5 1,657,874 0 0
0.34% 0.36% 0.00% 0.00%
08/25/98 5 1,979,861 0 0
0.34% 0.42% 0.00% 0.00%
07/27/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
DistributiDelinq 3+ Months Foreclosure/Bankruptcy
Date # Balance # Balance
08/25/99 2.00 808,810 1 327,920
0.16% 0.21% 0.08% 0.08%
07/26/99 3.00 1,278,545 1 328,177
0.24% 0.32% 0.08% 0.08%
06/25/99 2.00 810,101 1 328,432
0.16% 0.20% 0.08% 0.08%
05/25/99 2.00 654,052 1 328,686
0.15% 0.16% 0.08% 0.08%
04/26/99 1.00 328,938 1 328,938
0.08% 0.08% 0.08% 0.08%
03/25/99 2.00 655,055 1 329,189
0.15% 0.15% 0.07% 0.08%
02/25/99 2.00 655,551 1 329,438
0.15% 0.15% 0.07% 0.08%
01/25/99 2.00 656,044 1 329,685
0.15% 0.15% 0.07% 0.07%
12/28/98 2.00 572,574 0 0
0.14% 0.13% 0.00% 0.00%
11/25/98 3.00 1,018,037 0 0
0.21% 0.22% 0.00% 0.00%
10/26/98 0.00 0 0 0
0.00% 0.00% 0.00% 0.00%
09/25/98 0.00 0 0 0
0.00% 0.00% 0.00% 0.00%
08/25/98 0.00 0 0 0
0.00% 0.00% 0.00% 0.00%
07/27/98 0.00 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0.00 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0.00 0 0 0
0.00% 0.00% 0.00% 0.00%
DistributiREO Modifications
Date # Balance # Balance
08/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
07/26/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
06/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
05/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
04/26/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
03/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
02/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
12/28/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
11/25/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
10/26/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
09/25/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
08/25/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
07/27/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
DistributiPrepayments Curr Weighted Avg.
Date # Balance Coupon Remit
08/25/99 9 3,070,403 7.2931% 7.0306%
0.72% 0.00783996
07/26/99 17 5,682,481 7.2957% 7.0332%
1.34%0.014279451
06/25/99 10 3,041,246 7.2970% 7.0345%
0.78% 0.00757284
05/25/99 17 5,688,474 7.3012% 7.0387%
1.31%0.013935323
04/26/99 26 7,616,081 7.3067% 7.0442%
1.97%0.018286986
03/25/99 24 8,195,892 7.3104% 7.0479%
1.78%0.019265427
02/25/99 21 6,057,529 7.3140% 7.0515%
1.54%0.014024087
01/25/99 23 8,143,270 7.3164% 7.0539%
1.65% 0.01847899
12/28/98 22 8,205,381 7.3191% 7.0566%
1.56%0.018257048
11/25/98 31 10,472,385 7.3236% 7.0611%
2.15%0.022741694
10/26/98 9 2,914,164 7.3251% 7.0626%
0.62%0.006280029
09/25/98 18 5,590,263 7.3293% 7.0668%
1.22%0.011889575
08/25/98 11 4,083,727 7.3320% 7.0695%
0.74%0.008597539
07/27/98 4 1,753,713 7.3337% 7.0712%
0.27%0.003674322
01/00/00 0 0 0.0000% 0.0000%
0.00% 0
01/00/00 0 0 0.0000% 0.0000%
0.00% 0
Asset Backed Facts - Group 1 Total
DistributiDelinq 1 Month Delinq 2 Months
Date # Balance # Balance
08/25/99 7 2,829,031 0 0
0.61% 0.79% 0.00% 0.00%
07/26/99 5 1,564,275 0 0
0.43% 0.43% 0.00% 0.00%
06/25/99 1 324,625 1 469,474
0.09% 0.09% 0.09% 0.13%
05/25/99 3 1,250,931 0 0
0.25% 0.33% 0.00% 0.00%
04/26/99 3 1,177,316 1 325,617
0.25% 0.31% 0.08% 0.09%
03/25/99 2 752,637 0 0
0.16% 0.19% 0.00% 0.00%
02/25/99 6 2,247,672 0 0
0.48% 0.57% 0.00% 0.00%
01/25/99 5 1,603,874 1 357,815
0.39% 0.40% 0.08% 0.09%
12/28/98 5 1,767,487 2 710,124
0.38% 0.43% 0.15% 0.17%
11/25/98 5 1,787,487 1 300,334
0.38% 0.42% 0.08% 0.07%
10/26/98 5 1,409,819 4 1,356,035
0.37% 0.33% 0.30% 0.32%
09/25/98 5 1,657,874 0 0
0.37% 0.39% 0.00% 0.00%
08/25/98 4 1,584,845 0 0
0.29% 0.36% 0.00% 0.00%
07/27/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
DistributiDelinq 3+ Months Foreclosure/Bankruptcy
Date # Balance # Balance
08/25/99 2 808,810 0 0
0.17% 0.23% 0.00% 0.00%
07/26/99 3 1,278,545 1 328,177
0.26% 0.35% 0.09% 0.09%
06/25/99 2 810,101 1 328,432
0.17% 0.22% 0.09% 0.09%
05/25/99 2 654,052 1 328,686
0.17% 0.17% 0.08% 0.09%
04/26/99 1 328,938 1 328,938
0.08% 0.09% 0.08% 0.09%
03/25/99 2 655,055 1 329,189
0.16% 0.17% 0.08% 0.08%
02/25/99 2 655,551 1 329,438
0.16% 0.17% 0.08% 0.08%
01/25/99 1 329,685 1 329,685
0.08% 0.08% 0.08% 0.08%
12/28/98 2 572,574 0 0
0.15% 0.14% 0.00% 0.00%
11/25/98 3 1,018,037 0 0
0.23% 0.24% 0.00% 0.00%
10/26/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
09/25/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
08/25/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
07/27/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
DistributiREO Modifications
Date # Balance # Balance
08/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
07/26/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
06/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
05/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
04/26/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
03/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
02/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
12/28/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
11/25/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
10/26/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
09/25/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
08/25/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
07/27/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
DistributiPrepayments Curr Weighted Avg.
Date # Balance Coupon Remit
08/25/99 9 3,070,403 7.3293% 7.0668%
0.78% 0.86%
07/26/99 14 4,939,350 7.3314% 7.0689%
1.21% 1.36%
06/25/99 10 3,041,246 7.3326% 7.0701%
0.85% 0.83%
05/25/99 17 5,688,474 7.3366% 7.0741%
1.43% 1.52%
04/26/99 25 7,367,344 7.3422% 7.0797%
2.06% 1.93%
03/25/99 24 8,195,892 7.3455% 7.0830%
1.94% 2.10%
02/25/99 21 6,057,529 7.3490% 7.0865%
1.67% 1.53%
01/25/99 20 7,149,638 7.3514% 7.0889%
1.56% 1.77%
12/28/98 20 7,731,173 7.3539% 7.0914%
1.54% 1.87%
11/25/98 29 9,725,492 7.3581% 7.0956%
2.18% 2.30%
10/26/98 8 2,520,413 7.3596% 7.0971%
0.60% 0.59%
09/25/98 17 5,118,807 7.3640% 7.1015%
1.26% 1.19%
08/25/98 10 3,668,848 7.3666% 7.1041%
0.73% 0.84%
07/27/98 3 1,392,005 7.3682% 7.1057%
0.22% 0.32%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
Asset Backed Facts - Group 2 Total
DistributiDelinq 1 Month Delinq 2 Months
Date # Balance # Balance
08/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
07/26/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
06/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
05/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
04/26/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
03/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
02/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
12/28/98 0 0 1 255,749
0.00% 0.00% 0.88% 0.70%
11/25/98 1 256,629 0 0
0.87% 0.69% 0.00% 0.00%
10/26/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
09/25/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
08/25/98 1 395,016 0 0
0.85% 1.01% 0.00% 0.00%
07/27/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
DistributiDelinq 3+ Months Foreclosure/Bankruptcy
Date # Balance # Balance
08/25/99 0 0 1 327,920
0.00% 0.00% 0.96% 1.00%
07/26/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
06/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
05/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
04/26/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
03/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
02/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
12/28/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
11/25/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
10/26/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
09/25/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
08/25/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
07/27/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
DistributiREO Modifications
Date # Balance # Balance
08/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
07/26/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
06/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
05/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
04/26/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
03/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
02/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/25/99 0 0 0 0
0.00% 0.00% 0.00% 0.00%
12/28/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
11/25/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
10/26/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
09/25/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
08/25/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
07/27/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
DistributiPrepayments Curr Weighted Avg.
Date # Balance Coupon Remit
08/25/99 0 0 6.8973% 6.6348%
0.00% 0.00% 0.00% 0.00%
07/26/99 3 743,131 6.9115% 6.6490%
2.80% 2.20% 0.00% 0.00%
06/25/99 0 0 6.9123% 6.6498%
0.00% 0.00% 0.00% 0.00%
05/25/99 0 0 6.9123% 6.6498%
0.00% 0.00% 0.00% 0.00%
04/26/99 1 248,737 6.9138% 6.6513%
0.93% 0.72% 0.00% 0.00%
03/25/99 0 0 6.9137% 6.6512%
0.00% 0.00% 0.00% 0.00%
02/25/99 0 0 6.9137% 6.6512%
0.00% 0.00% 0.00% 0.00%
01/25/99 3 993,632 6.9209% 6.6584%
2.70% 2.77% 0.00% 0.00%
12/28/98 2 474,208 6.9252% 6.6627%
1.77% 1.30% 0.00% 0.00%
11/25/98 2 746,894 6.9333% 6.6708%
1.74% 2.00% 0.00% 0.00%
10/26/98 1 393,751 6.9365% 6.6740%
0.86% 1.04% 0.00% 0.00%
09/25/98 1 471,456 6.9403% 6.6778%
0.85% 1.23% 0.00% 0.00%
08/25/98 1 414,878 6.9462% 6.6837%
0.85% 1.06% 0.00% 0.00%
07/27/98 1 361,708 6.9524% 6.6899%
0.84% 0.92% 0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00% 0.00% 0.00%
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