ABN AMRO MORTGAGE CORP SERIES 1998-4
8-K, 2000-06-27
ASSET-BACKED SECURITIES
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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: June 26, 2000
(Date of earliest event reported)


ABN AMRO Mortgage Corporation
(Sponsor)
(Issuer in Respect of Commercial Mortgage Pass-Through
Certificates Series 1998-4)
Exact name of registrant as specified in charter)


Delaware 333-42127-01 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


(Former name or former address, if changed since
last report.)
















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 26, 2000.


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.
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



Date: June 26, 2000



ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
STATEMENT DATE: 06/26/2000
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER PAYMENT DATE: 06/26/2000
135 S. LASALLE STREET SUITE 1625
CHICAGO, IL 60674-4107
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 05/25/2000
SERIES 1998-4 NEXT PAYMENT: 07/25/2000
RECORD DATE: 06/30/2000
ABN AMRO ACCT: 67-8032-70-7
ADMINISTRATOR: REPORTING PACKAGE TABLE OF CONTENTS ANALYST:
ROXANE ELLWANGER (312) 904-8975 TRACEY GOOCH (714) 282-3980 (252)
[email protected] [email protected]
PAGE(S)
ISSUE ID: ABN98004 CLOSING DATE: 10/27/1998
STATEMENTS TO CERTIFICATEHOLDERS PAGE 2-4
ASAP #: 372 CASH RECONCILIATION SUMMARY PAGE 5 FIRST PAYMENT DATE: 11/25/1998
MONTHLY DATA FILE NAME: BOND INTEREST RECONCILIATION PAGE 6 ASSUMED FINAL PAYMENT: DATE: 11/25/2028
OTHER RELATED INFORMATION PAGE 7
ABN98004_200006_3.EXE ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY PAGE 8
ASSET-BACKED FACTS ~ 15 MONTH PAYOFF/LOSS SUMMARY PAGE 9
MODIFIED LOAN DETAIL PAGE 10
REALIZED LOSS DETAIL PAGE 11
PARTIES TO THE TRANSACTION
ISSUER: ABN AMRO CHICAGO CORP.
DEPOSITOR: ABN AMRO CHICAGO CORP.
UNDERWRITER: DONALDSON. LUFKIN & JENRETTE
MASTER SERVICER: LASALLE HOME MORTGAGE CORPORATION
SPECIAL SERVICER: LASALLE HOME MORTGAGE CORPORATION
RATING AGENCY: STANDARD & POOR'S CORPORATION/FITCH INVESTOR SERVICES, INC.
INFORMATION IS AVAILABLE FOR THIS ISSUE FROM THE FOLLOWING SOURCES
LASALLE WEB SITE WWW.LNBABS.COM
SERVICER WEB SITE
LASALLE BULLETIN BOARD (714) 282-3990
LASALLE ASAP FAX BACK SYSTEM (714) 282-5518
LASALLE FACTOR LINE (800) 246-5761
06/20/2000 - 09:08 (B797-B821) 2000 LASALLE BANK N.A. PAGE 1 OF 11
ABN AMRO
LASALLE BANK
N.A.
ABN AMRO MORTGAGE CORPORATION
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER STATEMENT DATE: 06/26/2000
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES PAYMENT DATE: 06/26/2000
WAC: 7.237873% SERIES 1998-4 PRIOR PAYMENT: 05/25/2000
NEXT PAYMENT: 07/25/2000
WAMM: 334
RECORD DATE: 06/30/2000
REMIC II
ABN AMRO ACCT: 67-8032-70-7
ORIGINAL OPENING PRINCIPAL PRINCIPAL NEGATIVE CLOSING INTEREST INTEREST PASS-THROUGH
CLASS FACE VALUE (1) BALANCE PAYMENT ADJ. OR LOSS AMORTIZATION BALANCE PAYMENT (2) ADJUSTMENT RATE
CUSIP PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 NEXT RATE(3)
A-1 16,413,000.00 14,327,375.18 418,437.87 0.00 0.00 13,908,937.31 70,442.93 0.00 5.90000000%
00077BCQ4 872.928482301 25.494295376 0.000000000 0.000000000 847.434186925 4.291898495 0.000000000 FIXED
A-2 25,740,000.00 22,469,179.14 656,223.16 0.00 0.00 21,812,955.98 104,856.17 0.00 5.60000000%
00077BCR2 872.928482517 25.494295260 0.000000000 0.000000000 847.434187257 4.073666278 0.000000000 FIXED
A-3 44,700,000.00 42,914,645.18 358,194.85 0.00 0.00 42,556,450.33 214,573.23 0.00 6.00000000%
00077BCS0 960.059176286 8.013307606 0.000000000 0.000000000 952.045868680 4.800295973 0.000000000 FIXED
A-4 2,112,000.00 2,112,000.00 0.00 0.00 0.00 2,112,000.00 11,440.00 0.00 6.50000000%
00077BCT8 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 5.416666667 0.000000000 FIXED
A-5 11,497,044.44 N 10,478,786.49 0.00 0.00 0.00 10,274,493.90 58,943.17 0.00 6.75000000%
00077BCU5 911.433068271 0.000000000 0.000000000 0.000000000 893.663928466 5.126810661 0.000000000 6.750000000%
A-6 43,144,000.00 34,176,710.04 2,794.22 0.00 0.00 34,173,915.82 192,243.99 0.00 6.75000000%
00077BCV3 792.154414055 0.064764973 0.000000000 0.000000000 792.089649082 4.455868487 0.000000000 FIXED
A-7 51,500,000.00 40,795,952.32 3,335.40 0.00 0.00 40,792,616.92 225,057.67 0.00 6.62000000%
00077BCW1 792.154413981 0.064765049 0.000000000 0.000000000 792.089648932 4.370051845 0.000000000 FIXED
A-8 5,356,000.00 4,242,779.04 346.88 0.00 0.00 4,242,432.16 28,285.19 0.00 8.00000000%
00077BCX9 792.154413742 0.064764750 0.000000000 0.000000000 792.089648992 5.281028753 0.000000000 FIXED
A-9 14,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.75000000%
00077BCY7 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 FIXED
A-10 5,500,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.75000000%
00077BCZ4 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 FIXED
A-11 1,035,000.00 1,151,378.62 0.00 0.00 6,476.50 1,157,855.12 0.00 0.00 6.75000000%
00077BDA8 1112.443111111 0.000000000 0.000000000 6.257487923 1118.700599034 0.000000000 0.000000000 FIXED
A-12 41,760,000.00 41,760,000.00 0.00 0.00 0.00 41,760,000.00 234,900.00 0.00 6.75000000%
00077BDB6 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 5.625000000 0.000000000 FIXED
A-13 51,318,000.00 38,118,074.40 399,803.38 0.00 0.00 37,718,271.02 201,708.14 0.00 6.35000000%
00077BDC4 742.781760786 7.790704626 0.000000000 0.000000000 734.991056160 3.930553412 0.000000000 FIXED
A-14 16,418,000.00 12,194,248.24 127,900.00 0.00 0.00 12,066,348.24 81,294.99 0.00 8.00000000%
00077BDD2 742.736523328 7.790230235 0.000000000 0.000000000 734.946293093 4.951576928 0.000000000 FIXED
A-15 15,050,000.00 15,050,000.00 0.00 0.00 0.00 15,050,000.00 84,656.25 0.00 6.75000000%
00077BDE0 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 5.625000000 0.000000000 FIXED
A-16 9,750,000.00 9,750,000.00 0.00 0.00 0.00 9,750,000.00 54,843.75 0.00 6.75000000%
00077BDF7 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 5.625000000 0.000000000 FIXED
A-X 16,137,992.00 N 11,936,477.15 0.00 0.00 0.00 11,846,443.04 67,142.68 0.00 6.75000000%
00077BDP5 739.650704375 0.000000000 0.000000000 0.000000000 734.071688721 4.160534966 0.000000000 6.750000000%
A-P 1,643,016.00 1,548,445.56 1,838.90 0.00 0.00 1,546,606.66 0.00 0.00 0.00000000%
00077BDQ3 942.440950058 1.119222211 0.000000000 0.000000000 941.321727847 0.000000000 0.000000000 N/A
M 6,837,000.00 6,727,321.17 6,195.66 0.00 0.00 6,721,125.51 37,841.18 0.00 6.75000000%
00077BDH3 983.958047389 0.906195700 0.000000000 0.000000000 983.051851689 5.534763785 0.000000000 FIXED
B-1 3,059,000.00 3,009,927.68 2,772.05 0.00 0.00 3,007,155.63 16,930.84 0.00 6.75000000%
00077BDJ9 983.958051651 0.906194835 0.000000000 0.000000000 983.051856816 5.534762994 0.000000000 FIXED
B-2 1,620,000.00 1,593,996.23 1,468.02 0.00 0.00 1,592,528.21 8,966.23 0.00 6.75000000%
00077BDK6 983.948290123 0.906185185 0.000000000 0.000000000 983.042104938 5.534709877 0.000000000 FIXED
B-3 1,080,000.00 1,062,674.69 978.69 0.00 0.00 1,061,696.00 5,977.55 0.00 6.75000000%
00077BDL4 983.958046296 0.906194444 0.000000000 0.000000000 983.051851852 5.534768519 0.000000000 FIXED
B-4 900,000.00 885,562.25 815.58 0.00 0.00 884,746.67 4,981.29 0.00 6.75000000%
00077BDM2 983.958055556 0.906200000 0.000000000 0.000000000 983.051855556 5.534766667 0.000000000 FIXED
B-5 900,454.11 886,009.05 815.99 0.00 0.00 885,193.06 4,983.80 0.00 6.75000000%
00077BDN0 983.958027578 0.906198318 0.000000000 0.000000000 983.051829260 5.534762899 0.000000000 FIXED
R (COMPONENT R-2) 100.00 0.00 0.00 0.00 0.00 0.00 3.70 3.70 6.75000000%
00077BDG5 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 37.000000000 37.000000000 FIXED
TOTAL 359,835,570.11 294,776,278.79 1,981,920.65 0.00 6,476.50 292,800,834.64 1,710,072.75 3.70
TOTAL P&I PAYMENT 3,691,993.40
REGULAR INTERESTS 359,835,570.11 294,776,282.19 1,975,444.16 0.00 0.00 292,800,838.03 1,716,549.26 0.00 6.98787263%
NONE 819.197174142 5.489852377 0.000000000 0.000000000 813.707321765 4.770371255 0.000000000 6.987444306%
R (COMPONENT R-1) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N/A
NONE 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000
TOTAL 359,835,570.11 294,776,282.19 1,975,444.16 0.00 0.00 292,800,838.03 1,716,549.26 0.00
TOTAL P&I PAYMENT 3,691,993.42
NOTES: (1) N DENOTES NOTIONAL BALANCE NOT INCLUDED IN TOTAL (2) ACCRUED INTEREST PLUS/MINUS INTEREST ADJUSTMENT MINUS DEFERRED INTEREST EQUALS INTEREST PAYMENT (3) ESTIMATED
06/20/2000 - 09:08 (B797-B821) 2000 LASALLE BANK N.A. PAGE 2 OF 11
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER STATEMENT DATE: 06/26/2000
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES PAYMENT DATE: 06/26/2000
PRIOR PAYMENT: 05/25/2000
SERIES 1998-4 NEXT PAYMENT: 07/25/2000
RECORD DATE: 06/30/2000
ABN AMRO ACCT: 67-8032-70-7
CASH RECONCILIATION SUMMARY
INTEREST SUMMARY SERVICING FEE SUMMARY PRINCIPAL SUMMARY
CURRENT SCHEDULED INTEREST 1,720,974.80 CURRENT SERVICING FEES 59,463.79 SCHEDULED:
LESS DEFERRED INTEREST 0.00 PLUS FEES ADVANCED FOR PPIS 0.00 CURRENT SCHEDULED PRINCIPAL 263,245.58
PLUS ADVANCE INTEREST 55,038.26 LESS REDUCTION FOR PPIS (6,229.00) ADVANCED SCHEDULED PRINCIPAL 8,372.52
PLUS UNSCHEDULED INTEREST 0.00 PLUS UNSCHEDULED SERVICING FEES 0.00 SCHEDULED PRINCIPAL DISTRIBUTION 271,618.09
PPIS REDUCING SCHEDULED INTEREST (6,229.00) TOTAL SERVICING FEES PAID 53,234.79 UNSCHEDULED:
LESS TOTAL FEES PAID TO SERVICER (53,234.79) CURTAILMENTS 109,826.52
PLUS FEES ADVANCED FOR PPIS 0.00 PREPAYMENTS IN FULL 1,593,999.55
LESS FEE STRIPS PAID BY SERVICER 0.00 PPIS SUMMARY LIQUIDATION PROCEEDS 0.00
LESS MISC. FEES & EXPENSES 0.00 GROSS PPIS 6,229.00 REPURCHASE PROCEEDS 0.00
LESS NON RECOVERABLE ADVANCES 0.00 REDUCED BY PPIE 0.00 OTHER PRINCIPAL PROCEEDS 0.00
INTEREST DUE TRUST 1,716,549.26 REDUCED BY SHORTFALLS IN FEES 0.00 UNSCHEDULED PRINCIPAL DISTRIBUTION 1,703,826.07
LESS TRUSTEE FEE 0.00 REDUCED BY OTHER AMOUNTS 0.00 REMITTANCE PRINCIPAL 1,975,444.17
LESS FEE STRIPS PAID BY TRUST 0.00 NET PPIS 6,229.00
LESS MISC. FEES PAID BY TRUST 0.00 PPIS REDUCING SERVICING FEE 6,229.00 SERVICER WIRE AMOUNT 3,691,993.43
REMITTANCE INTEREST 1,716,549.26 PPIS ALLOCATED TO CERTIFICATES 0.00
POOL BALANCE SUMMARY
BALANCE/AMOUNT COUNT
BEGINNING POOL 294,776,282.62 935
SCHEDULED PRINCIPAL DISTRIBUTION 271,618.09
UNSCHEDULED PRINCIPAL DISTRIBUTION 1,703,826.07 4
DEFERRED INTEREST 0.00
LIQUIDATIONS 0.00 0
REPURCHASES 0.00 0
ENDING POOL 292,800,838.45 931
ADVANCES
PRIOR OUTSTANDING CURRENT PERIOD RECOVERED ENDING OUTSTANDING
PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST
MADE BY: SERVICER 9,299.46 61,354.32 8,372.52 55,038.26 8,654.80 56,844.59 9,017.18 59,547.99
06/20/2000 - 09:08 (B797-B821) 2000 LASALLE BANK N.A. PAGE 5 OF 11
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER STATEMENT DATE: 06/26/2000
PAYMENT DATE: 06/26/2000
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 05/25/2000
SERIES 1998-4
NEXT PAYMENT: 07/25/2000
RECORD DATE: 06/30/2000
ABN AMRO ACCT: 67-8032-70-7
BOND INTEREST RECONCILIATION
DEDUCTIONS ADDITIONS
REMAINING
ACCRUAL PASS ACCRUED ADD.
DEFERRED &
PRIOR PREPAY- OTHER DISTRIBUTABLE INTEREST OUTSTANDING
CREDIT SUPPORT
THRU CERTIFICATE ALLOCABLE TRUST ACCRETION INTEREST INT. SHORT- MENT INTEREST CERTIFICATE PAYMENT INTEREST
CLASS METHOD DAYS RATE INTEREST PPIS EXPENSE (1) INTEREST LOSSES FALLS DUE PENALTIES PROCEEDS (2)
INTEREST
AMOUNT SHORTFALLS ORIGINAL CURRENT(3)
A-1 30/360 30 5.900000000% 70,442.93 0.00 0.00 0.00 0.00 0.00 0.00 0.00 70,442.93 70,442.93 0.00 4.00% 4.83%
A-2 30/360 30 5.600000000% 104,856.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00 104,856.17 104,856.17 0.00 4.00% 4.83%
A-3 30/360 30 6.000000000% 214,573.23 0.00 0.00 0.00 0.00 0.00 0.00 0.00 214,573.23 214,573.23 0.00 4.00% 4.83%
A-4 30/360 30 6.500000000% 11,440.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 11,440.00 11,440.00 0.00 4.00% 4.83%
A-5 30/360 30 6.750000000% 58,943.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00 58,943.17 58,943.17 0.00 4.00% 4.83%
A-6 30/360 30 6.750000000% 192,243.99 0.00 0.00 0.00 0.00 0.00 0.00 0.00 192,243.99 192,243.99 0.00 4.00% 4.83%
A-7 30/360 30 6.620000000% 225,057.67 0.00 0.00 0.00 0.00 0.00 0.00 0.00 225,057.67 225,057.67 0.00 4.00% 4.83%
A-8 30/360 30 8.000000000% 28,285.19 0.00 0.00 0.00 0.00 0.00 0.00 0.00 28,285.19 28,285.19 0.00 4.00% 4.83%
A-9 30/360 30 6.750000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.00% 4.83%
A-10 30/360 30 6.750000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.00% 4.83%
A-11 30/360 30 6.750000000% 6,476.50 0.00 0.00 6,476.50 0.00 0.00 0.00 0.00 6,476.50 0.00 0.00 4.00% 4.83%
A-12 30/360 30 6.750000000% 234,900.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 234,900.00 234,900.00 0.00 4.00% 4.83%
A-13 30/360 30 6.350000000% 201,708.14 0.00 0.00 0.00 0.00 0.00 0.00 0.00 201,708.14 201,708.14 0.00 4.00% 4.83%
A-14 30/360 30 8.000000000% 81,294.99 0.00 0.00 0.00 0.00 0.00 0.00 0.00 81,294.99 81,294.99 0.00 4.00% 4.83%
A-15 30/360 30 6.750000000% 84,656.25 0.00 0.00 0.00 0.00 0.00 0.00 0.00 84,656.25 84,656.25 0.00 4.00% 4.83%
A-16 30/360 30 6.750000000% 54,843.75 0.00 0.00 0.00 0.00 0.00 0.00 0.00 54,843.75 54,843.75 0.00 4.00% 4.83%
A-X 30/360 30 6.750000000% 67,142.68 0.00 0.00 0.00 0.00 0.00 0.00 0.00 67,142.68 67,142.68 0.00 NA NA
A-P 30/360 30 0.000000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.00% 4.83%
M 30/360 30 6.750000000% 37,841.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 37,841.18 37,841.18 0.00 2.10% 2.54%
B-1 30/360 30 6.750000000% 16,930.84 0.00 0.00 0.00 0.00 0.00 0.00 0.00 16,930.84 16,930.84 0.00 1.25% 1.51%
B-2 30/360 30 6.750000000% 8,966.23 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8,966.23 8,966.23 0.00 0.80% 0.97%
B-3 30/360 30 6.750000000% 5,977.55 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5,977.55 5,977.55 0.00 0.50% 0.60%
B-4 30/360 30 6.750000000% 4,981.29 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4,981.29 4,981.29 0.00 0.25% 0.30%
B-5 30/360 30 6.750000000% 4,983.80 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4,983.80 4,983.80 0.00 0.00% 0.00%
R (COMPONENT R-2) 30/360 30 6.750000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.70 0.00 NA NA
1,716,545.55 0.00 0.00 6,476.50 0.00 0.00 0.00 0.00 1,716,545.55 1,710,072.75 0.00
(1) ADDITIONAL TRUST EXPENSES ARE FEES ALLOCATED DIRECTLY TO THE BOND RESULTING IN A DEDUCTION TO ACCRUED INTEREST AND NOT CARRIED AS AN OUTSTANDING SHORTFALL.
(2) OTHER INTEREST PROCEEDS INCLUDE DEFAULT INTEREST, PPIE, INTEREST DUE ON OUTSTANDING LOSSES, INTEREST DUE ON OUTSTANDING SHORTFALLS AND RECOVERIES OF INTEREST.
(3) DETERMINED AS FOLLOWS: (A) THE ENDING BALANCE OF ALL THE CLASSES LESS (B) THE SUM OF (I) THE ENDING BALANCE OF THE CLASS AND (II) THE ENDING BALANCE OF ALL CLASSES WHICH ARE NOT SUBORDINATE TO THE CLASS DIVIDED BY (A).
PAGE 6 OF 11
06/20/2000 - 09:08 (B797-B821) 2000 LASALLE BANK N.A.
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER STATEMENT DATE: 06/26/2000
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES PAYMENT DATE: 06/26/2000
PRIOR PAYMENT: 05/25/2000
SERIES 1998-4 NEXT PAYMENT: 07/25/2000
RECORD DATE: 06/30/2000
ABN AMRO ACCT: 67-8032-70-7
OTHER RELATED INFORMATION
SPECIAL HAZARD COVERAGE FRAUD LOSS COVERAGE BANKRUPTCY LOSS COVERAGE
BEGINNING
BALANCE
CURRENT
REDUCTION
ENDING
BALANCE
BEGINNING
BALANCE
CURRENT
REDUCTION
ENDING
BALANCE
BEGINNING
BALANCE
CURRENT
REDUCTION
ENDING
BALANCE
4,796,879.00 0.00 4,796,879.00 3,598,356.00 0.00 3,598,356.00 140,000.00 0.00 140,000.00
TOTAL
NUMBER OF PAYOFFS: 4
AGGREGATE PAYOFF AMOUNTS: 1,593,999.55
NUMBER OF CURTAILMENTS: 175
AGGREGATE CURTAILMENT AMOUNTS: 109,826.52
NUMBER OF LOANS IN FORECLOSURE: 0
BOOK VALUE OF LOANS IN FORECLOSURE: 0.00
PRIOR REALIZED LOSSES ALLOCATED TO THE CERTIFICATES: 0.00
CURRENT REALIZED LOSSES ALLOCATED TO THE CERTIFICATES: 0.00
CUMULATIVE REALIZED LOSSES ALLOCATED TO THE CERTIFICATES SINCE CUTOFF: 0.00
06/20/2000 - 09:08 (B797-B821) 2000 LASALLE BANK N.A. PAGE 7 OF 11
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER STATEMENT DATE: 06/26/2000
PAYMENT DATE: 06/26/2000
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 05/25/2000
SERIES 1998-4
NEXT PAYMENT: 07/25/2000
RECORD DATE: 06/30/2000
ABN AMRO ACCT: 67-8032-70-7
ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY
DELINQUENCY AGING CATEGORIES SPECIAL EVENT CATEGORIES (1)
DISTRIBUTION
DATE
DELINQ 1 MONTH DELINQ 2 MONTHS DELINQ 3+ MONTHS FORECLOSURE REO MODIFICATIONS SPECIALLY SERVICED BANKRUPTCY
# BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE
6/26/00 2 506,539 0 0 1 243,155 0 0 0 0 0 0 0 0 0 0
0.21% 0.00% 0.00% 0.00% 0.11% 0.08% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
5/25/00 0 0 1 593,271 1 243,361 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.11% 0.00% 0.11% 0.08% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
4/25/00 2 367,989 1 593,793 1 243,565 0 0 0 0 0 0 0 0 0 0
0.21% 0.00% 0.11% 0.00% 0.11% 0.08% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
3/27/00 3 1,239,536 1 265,255 1 243,768 0 0 0 0 0 0 0 0 0 0
0.32% 0.00% 0.11% 0.00% 0.11% 0.08% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
2/25/00 1 594,828 1 265,486 1 243,969 0 0 0 0 0 0 0 0 0 0
0.11% 0.00% 0.11% 0.00% 0.11% 0.08% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
1/25/00 3 835,329 0 0 2 509,885 0 0 0 0 0 0 0 0 0 0
12/27/99 0 0 1 265,944 1 244,368 0 0 0 0 0 0 0 0 0 0
11/26/99 3 1,196,066 0 0 1 244,566 0 0 0 0 0 0 0 0 0 0
10/25/99 0 0 2 511,159 0 0 0 0 0 0 0 0 0 0 0 0
9/27/99 2 560,495 1 244,958 0 0 0 0 0 0 0 0 0 0 0 0
8/25/99 4 1,017,993 0 0 0 0 0 0 0 0 0 0 0 0 0 0
7/26/99 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
6/25/99 1 267,285 0 0 0 0 0 0 0 0 0 0 0 0 0 0
5/25/99 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
4/26/99 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
06/20/2000 - 09:08 (B797-B821) 2000 LASALLE BANK N.A. PAGE 8 OF 11
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER STATEMENT DATE: 06/26/2000
PAYMENT DATE: 06/26/2000
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES PRIOR PAYMENT: 05/25/2000
SERIES 1998-4
NEXT PAYMENT: 07/25/2000
RECORD DATE: 06/30/2000
ABN AMRO ACCT: 67-8032-70-7
ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL PAYOFF/LOSS SUMMARY
ENDING POOL (1) PAYOFFS(2) PENALTIES APPRAISAL REDUCT. (2) LIQUIDATIONS (2) REALIZED LOSSES (2) REMAINING TERM CURR WEIGHTED AVG.
DISTRIBUTION
DATE
# BALANCE # BALANCE # AMOUNT # BALANCE # BALANCE # AMOUNT LIFE AMORT. COUPON REMIT
6/26/00 931 292,800,838 4 1,594,000 0 0 0 0 0 0 0 0 334 338 7.24% 6.99%
84.03% 81.37% 0.43% 0.54% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
5/25/00 935 294,776,283 2 890,207 0 0 0 0 0 0 0 0 336 339 7.24% 6.99%
84.39% 81.92% 0.21% 0.30% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
4/25/00 937 296,042,913 2 501,303 0 0 0 0 0 0 0 0 337 340 7.24% 6.99%
84.57% 82.27% 0.21% 0.17% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
3/27/00 939 297,149,690 7 2,431,412 0 0 0 0 0 0 0 0 338 341 7.24% 6.99%
84.75% 82.58% 0.74% 0.81% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
2/25/00 946 299,899,109 2 598,979 0 0 0 0 0 0 0 0 0 342
85.38% 83.34%
1/25/00 0 0 4 1,124,140 0 0 0 0 0 0 0 0 0 0
0.00% 0.00%
12/27/99 0 0 2 421,466 0 0 0 0 0 0 0 0 0 0
0.00% 0.00%
11/26/99 0 0 6 1,636,064 0 0 0 0 0 0 0 0 0 0
0.00% 0.00%
10/25/99 0 0 8 2,842,710 0 0 0 0 0 0 0 0 0 0
0.00% 0.00%
9/27/99 0 0 5 1,885,506 0 0 0 0 0 0 0 0 0 0
0.00% 0.00%
8/25/99 0 0 5 1,375,451 0 0 0 0 0 0 0 0 0 0
0.00% 0.00%
7/26/99 0 0 8 2,272,374 0 0 0 0 0 0 0 0 0 0
0.00% 0.00%
6/25/99 0 0 11 4,077,810 0 0 0 0 0 0 0 0 0 0
0.00% 0.00%
5/25/99 0 0 11 3,511,494 0 0 0 0 0 0 0 0 0 0
0.00% 0.00%
4/26/99 0 0 11 3,414,959 0 0 0 0 0 0 0 0 0 0
0.00% 0.00%
(1) PERCENTAGE BASED ON POOL AS OF CUTOFF. (2) PERCENTAGE BASED ON POOL AS OF BEGINNING OF PERIOD.
PAGE 9 OF 11
06/20/2000 - 09:08 (B797-B821) 2000 LASALLE BANK N.A.
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
STATEMENT DATE: 06/26/2000
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER PAYMENT DATE: 06/26/2000
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES PRIOR PAYMENT: 05/25/2000
SERIES 1998-4 NEXT PAYMENT: 07/25/2000
RECORD DATE: 06/30/2000
ABN AMRO ACCT: 67-8032-70-7
MODIFIED LOAN DETAIL
CUTOFF
MATURITY
DATE
MODIFIED
MATURITY
DATE
DISCLOSURE
CONTROL #
MODIFICATION
DATE
MODIFICATION
DESCRIPTION
06/20/2000 - 09:08 (B797-B821) 2000 LASALLE BANK N.A. PAGE 10 OF 11
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
STATEMENT DATE: 06/26/2000
ABN AMRO MORTGAGE GROUP, INC., AS SERVICER PAYMENT DATE: 06/26/2000
MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES PRIOR PAYMENT: 05/25/2000
SERIES 1998-4 NEXT PAYMENT: 07/25/2000
RECORD DATE: 06/30/2000
ABN AMRO ACCT: 67-8032-70-7
REALIZED LOSS DETAIL
BEGINNING
SCHEDULED
BALANCE
GROSS PROCEEDS
AS A % OF
SCHED. BALANCE
AGGREGATE
LIQUIDATION
EXPENSES *
NET
LIQUIDATION
PROCEEDS
NET PROCEEDS
AS A % OR
SCHED. BALANCE
PERIOD
DISCLOSURE
CONTROL #
APPRAISAL
DATE
APPRAISAL
VALUE
GROSS
PROCEEDS
REALIZED
LOSS
CURRENT TOTAL
CUMULATIVE
* AGGREGATE LIQUIDATION EXPENSES ALSO INCLUDE OUTSTANDING P&I ADVANCES AND UNPAID SERVICING FEES, UNPAID TRUSTEE FEES, ETC..
06/20/2000 - 09:08 (B797-B821) 2000 LASALLE BANK N.A. PAGE 11 OF 11


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