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: July 27, 1998
(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
June 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 BANK, N.A. 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: June 25, 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: 06/25/99
Prior Payment: 05/25/99
Record Date: 05/28/99
WAC: 7.297027%
WAMM: 325
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 87,560,002.30 337,74
00077BBV4 1000.000000000 1020.441452097 3.936095473
IA-2 42,000,000.00 42,000,00 0.00
00077BAX1 1000.000000000 1000.000000000 0.000000000
IA-3 22,300,000.00 12,235,79 1,302,158
00077BAY9 1000.000000000 548.690286099 58.392768161
IA-4 17,651,035.00 15,734,73 179,83
00077BAZ6 1000.000000000 891.434400872 10.188226923
IA-5 71,376,367.00 34,089,69 1,287,610
00077BBA0 1000.000000000 477.604767976 18.039725390
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 22,076,77 318,25
00077BBF9 1000.000000000 774.623754035 11.166728070
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 40,268,15 508,41
00077BBK8 1000.000000000 796.925248911 10.061754736
IA-X 12,784,321.00 9,819,7 0.00
00077BBL6 1000.000000000 768.111045498 0.000000000
Principal Negative Closing
Class Adj. or Loss Amortization Balance
CUSIP Per $1,000 Per $1,000 Per $1,000
IA-1 0.00 467,979.75 87,690,241.43
00077BBV4 0.000000000 5.453927856 1021.959284480
IA-2 0.00 0.00 42,000,000.
00077BAX1 0.000000000 0.000000000 1000.000000000
IA-3 0.00 0.00 10,933,634.
00077BAY9 0.000000000 0.000000000 490.297517937
IA-4 0.00 0.00 15,554,907.
00077BAZ6 0.000000000 0.000000000 881.24617395
IA-5 0.00 0.00 32,802,083.
00077BBA0 0.000000000 0.000000000 459.565042586
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 21,758,525.
00077BBF9 0.000000000 0.000000000 763.457025965
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 39,759,743.
00077BBK8 0.000000000 0.000000000 786.863494175
IA-X 0.00 0.00 9,699,435
00077BBL6 0.000000000 0.000000000 758.697736024
Interest Interest Pass-Through
Class Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Next Rate (3)
IA-1 102,666.01 (467,979.75) 0.078206361
00077BBV4 1.196489831 (5.453927856) 0.070332407
IA-2 224,000.00 0.00 0.064000000
00077BAX1 5.333333333 0.000000000 0.064
IA-3 65,257.56 0.00 0.064000000
00077BAY9 2.926347982 0.000000000 0.064
IA-4 83,918.61 0.00 0.064000000
00077BAZ6 4.754316673 0.000000000 0.064
IA-5 198,856.54 0.00 0.070000000
00077BBA0 2.786027762 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-10 124,181.87 0.00 0.0675
00077BBF9 4.357258596 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-14 226,508.39 0.00 0.0675
00077BBK8 4.482704565 0.000000000 0.0675
IA-X 55,236.25 0.00 0.0675
00077BBL6 4.320624459 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 32,091,602.78 162,615.97
00077BBN2 1000.000000000 853.600349275 4.325400939
IIA-X 1,507,139.00 1,119,4 0.00
00077BBP7 1000.000000000 742.754279479 0.000000000
IIA-P 352,210.00 336,926.96 1,396.88
00077BBQ5 1000.000000000 956.608159905 3.966042986
M 8,829,808.00 8,728,977.40 9,679.67
00077BBR3 1000.000000000 988.580657699 1.096249205
B-1 4,215,000.00 4,166,867.47 4,620.69
00077BBS1 1000.000000000 988.580657177 1.096249110
B-2 1,989,733.00 1,967,011.55 2,181.24
00077BBT9 1000.000000000 988.580653786 1.096247587
B-3 2,147,792.00 2,123,265.63 2,354.52
00077BBW2 1000.000000000 988.580658649 1.096251406
B-4 954,574.00 943,673.40 1,046.45
00077BBX0 1000.000000000 988.580665302 1.096248169
B-5 954,573.94 943,673.32 1,046.45
00077BBY8 1000.000000000 988.580643632 1.096248238
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 31,928,986.81
00077BBN2 0.000000000 0.000000000 849.2749483
IIA-X 0.00 0.00 1,110,036.04
00077BBP7 0.000000000 0.000000000 736.5186888
IIA-P 0.00 0.00 335,530.08
00077BBQ5 0.000000000 0.000000000 952.6421169
M 0.00 0.00 8,719,297.73
00077BBR3 0.000000000 0.000000000 987.4844085
B-1 0.00 0.00 4,162,246.78
00077BBS1 0.000000000 0.000000000 987.4844081
B-2 0.00 0.00 1,964,830.31
00077BBT9 0.000000000 0.000000000 987.4844062
B-3 0.00 0.00 2,120,911.11
00077BBW2 0.000000000 0.000000000 987.4844072
B-4 0.00 0.00 942,626.95
00077BBX0 0.000000000 0.000000000 987.4844171
B-5 0.00 0.00 942,626.87
00077BBY8 0.000000000 0.000000000 987.4843954
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-1 173,829.52 0.00 6.500000000%
00077BBN2 4.62366869 0.000000000 6.500000000%
IIA-X 6,063.60 0.00 6.500000000%
00077BBP7 4.023252003 0.000000000 6.500000000%
IIA-P 0.00 0.00
00077BBQ5 0.000000000 0.000000000
M 48,952.74 0.00 6.729687180%
00077BBR3 5.544032215 0.000000000 7.033240710%
B-1 23,368.10 0.00 6.729687180%
00077BBS1 5.544033215 0.000000000 7.033240710%
B-2 11,031.14 0.00 6.729687180%
00077BBT9 5.544030279 0.000000000 7.033240710%
B-3 11,907.43 0.00 6.729687180%
00077BBW2 5.544033128 0.000000000 7.033240710%
B-4 5,292.19 0.00 6.729687180%
00077BBX0 5.544033255 0.000000000 7.033240710%
B-5 5,292.19 0.00 6.729687180%
00077BBY8 5.544033603 0.000000000 7.033240710%
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 Interes477,286,956.94 401,597,255.05 3,650,970.49
None 1000.000000000 841.416781269 7.649424391
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 0.00 397,946,284.56
None 0.000000000 0.000000000 833.767356878
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 2,354,205.65 0.00 7.034527110%
None 4.93247430 0.00000000 7.033240710%
R (Component R- 10.81 0.00
9ABSB500 0.00002265 0.00000000
Other Related Information
Accrued ReimbursemeNet Prior
Class Certificatof Prior Prepayment Unpaid
Interest Losses Int. ShortfalInterest
IA-1 570,645. 0.00 0.00 0.00
IA-2 224,000. 0.00 0.00 0.00
IA-3 65,257. 0.00 0.00 0.00
IA-4 83,918. 0.00 0.00 0.00
IA-5 198,856. 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-10 124,181. 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-14 226,508. 0.00 0.00 0.00
IA-X 55,236. 0.00 0.00 0.00
IIA-1 173,829. 0.00 0.00 0.00
IIA-X 6,063 0.00 0.00 0.00
IIA-P 0.00 0.00 0.00 0.00
M 48,952. 0.00 0.00 0.00
B-1 23,368. 0.00 0.00 0.00
B-2 11,031. 0.00 0.00 0.00
B-3 11,907. 0.00 0.00 0.00
B-4 5,292 0.00 0.00 0.00
B-5 5,292 0.00 0.00 0.00
R (Compone 0.00 0.00 0.00
Total 2354216.46 0.00 0.00 0.00
Ending Actual
Class Unpaid Interest Distribution
Interest Loss of Interest
IA-1 0.00 0.00 570,645.76
IA-2 0.00 0.00 224,000.00
IA-3 0.00 0.00 65,257.56
IA-4 0.00 0.00 83,918.61
IA-5 0.00 0.00 198,856.54
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 0.00 124,181.87
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 0.00 226,508.39
IA-X 0.00 0.00 55,236.25
IIA-1 0.00 0.00 173,829.52
IIA-X 0.00 0.00 6,063.60
IIA-P 0.00 0.00 0.00
M 0.00 0.00 48,952.74
B-1 0.00 0.00 23,368.10
B-2 0.00 0.00 11,031.14
B-3 0.00 0.00 11,907.43
B-4 0.00 0.00 5,292.19
B-5 0.00 0.00 5,292.19
R (Compone 0.00 0.00 10.81
Total 0.00 0.00 2,354,216.46
Advances
Prior Outstanding
Principal Interest
Servicer 44028.59 254966.08
Trustee: 0.00 0.00
Fiscal Ag 0.00 0.00
44028.59 254966.08
Current Period
Principal Interest
Servicer 22,896.34 125,130.27
Trustee: 0.00 0.00
Fiscal Ag 0.00 0.00
22,896.34 125,130.27
Recovered
Principal Interest
Servicer 40,516.26 226,734.44
Trustee: 0.00 0.00
Fiscal Ag 0.00 0.00
40,516.26 226,734.44
Outstanding
Principal Interest
Servicer 26,408.67 153,361.91
Trustee: 0.00 0.00
Fiscal Ag 0.00 0.00
26,408.67 153,361.91
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
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%
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
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%
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
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%
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
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
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
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%
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
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%
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
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%
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
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%
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
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%
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
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%
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
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%
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
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%
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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