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 : October 15,1999
(Date of earliest event reported)
Commission File No.: 333-62911-02
Morgan Stanley Capital I, Inc.
Commercial Mortgage Pass-Through Certificates
Series 1999-FNV1
(Exact name of registrant as specified in its charter)
New York (governing law of Pooling and Servicing Agreement)
(State of Incorporation)
Pending
(I.R.S. Employer Identification No.)
c/o Norwest Bank Minnesota, N.A.
11000 Broken Land Parkway
Columbia, Maryland 21044
(Address of principal executive offices) (Zip Code)
(410) 884-2000
Registrant's Full Telephone Number
(Former name, former address and former fiscal year,
if changed since last report)
ITEM 5. Other Events
On October 15, 1999 a distribution was made to holders of Morgan Stanley
Capital I, Inc., Commercial Mortgage Pass-Through Certificates
Series 1999-FNV1
ITEM 7. Financial Statements and Exhibits
(c) Exhibits
Item 601(a) of
Regulation S-K
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Commercial Mortgage
Pass-Through Certificates, Series 1999-FNV1, relating to the
October 15, 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.
Morgan Stanley Capital I, Inc.
Commercial Mortgage Pass-Through Certificates
Series 1999-FNV1
October 20, 1999 by Norwest Bank Minnesota, N.A., as Trustee
/s/ Sherri J. Sharps Vice President
INDEX TO EXHIBITS
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders Commericial Mortgage
Pass-Through Certificates, Series 1999-FNV1 Trust,
relating to the October 15, 1999 distribution
Norwest Bank Minnesota, N. A.
Corporate Trust Services Morgan Stanley Capital I, Inc.
3 New York Plaza, 15th Floor Commercial Mortgage Pass-Through Certificates
New York, NY 10004 Series 1999-FNV1
For Additional Information, please contact
Leslie Gaskill
(212)515-5254
Reports Available on the World Wide Web
@ www.CTSLINK.com/cmbs
Payment Date: 10/15/99
Record Date: 09/30/99
DISTRIBUTION DATE STATEMENT
Table of Contents
STATEMENT SECTIONS PAGE(s)
Certificate Distribution Detail 2
Certificate Factor Detail 3
Reconciliation Detail 4
Other Required Information 5
Ratings Detail 6
Current Mortgage Loan and Property Stratification Tables 7 - 9
Mortgage Loan Detail 10 - 14
Principal Prepayment Detail 15
Historical Detail 16
Delinquency Loan Detail 17
Specially Serviced Loan Detail 18 - 19
Modified Loan Detail 20
Liquidated Loan Detail 21
This report has been compiled from information provided to Norwest by
various third parties, which may include the Servicer, Master Servicer, Special
Servicer and others. Norwest has not independently confirmed the accuracy of
information received from these third parties and assumes no duty to do so.
Norwest expressly disclaims any responsibility for the accuracy or completeness
of information furnished by third parties.
Underwriter
Morgan Stanley & Co. Incorporated
1585 Broadway
New York, NY 10036
Contact: General Information Number
Phone Number: (212) 761-4700
Master Servicer
AMRESCO Services, L.P.
235 Peachtree Street, N.E Suite 900
Atlanta, Georgia 30303
Contact: Charlotte Kollin
Phone Number: (404) 654-2434
Special Servicer
ORIX Real Estate Capital Markets, LLC
1717 Main Street, 14th Floor
Dallas, TX 75201
Contact: Paul G. Smyth
Phone Number:(214) 237-2010
Copyright 1997, Norwest Bank Minnesota, N.A.
<TABLE>
<CAPTION>
Certificate Distribution Detail
Class CUSIP Pass- Through Original Beginning Principal
Rate Balance Balance Distribution
<S> <C> <C> <C> <C> <C>
A-1 61745MLP6 6.120000% 101,000,000.00 98,316,125.67 626,629.61
A-2 61745MLQ4 6.530000% 339,885,000.00 339,885,000.00 0.00
B 61745MLR2 6.660000% 33,185,000.00 33,185,000.00 0.00
C 61745MLS0 6.800000% 26,864,000.00 26,864,000.00 0.00
D 61745MLT8 7.030000% 12,642,000.00 12,642,000.00 0.00
E 61745MMM2 7.466044% 30,025,000.00 30,025,000.00 0.00
F 61745MLV3 7.466044% 14,222,000.00 14,222,000.00 0.00
G 61745MLW1 6.120000% 20,543,000.00 20,543,000.00 0.00
H 61745MLX9 6.120000% 7,901,000.00 7,901,000.00 0.00
J 61745MLY7 6.120000% 9,481,000.00 9,481,000.00 0.00
K 61745MLZ4 6.120000% 7,902,000.00 7,902,000.00 0.00
L 61745MMA8 6.120000% 6,321,000.00 6,321,000.00 0.00
M 61745MMB6 6.120000% 6,321,000.00 6,321,000.00 0.00
N 61745MMC4 6.120000% 9,481,000.00 9,481,000.00 0.00
O 61745MMD2 6.120000% 6,321,383.00 6,321,383.00 0.00
R-I NA 0.000000% 0.00 0.00 0.00
R-II NA 0.000000% 0.00 0.00 0.00
R-III NA 0.000000% 0.00 0.00 0.00
Totals 632,094,383.00 629,410,508.67 626,629.61
</TABLE>
<TABLE>
<CAPTION>
Class CUSIP Interest Prepayment Realized Loss/ Total
Distribution Penalties Additional Trust Distribution
Fund Expenses
<S> <C> <C> <C> <C> <C>
A-1 61745MLP6 501,412.24 0.00 0.00 1,128,041.85
A-2 61745MLQ4 1,849,540.88 0.00 0.00 1,849,540.88
B 61745MLR2 184,176.75 0.00 0.00 184,176.75
C 61745MLS0 152,229.33 0.00 0.00 152,229.33
D 61745MLT8 74,061.05 0.00 0.00 74,061.05
E 61745MMM2 186,806.63 0.00 0.00 186,806.63
F 61745MLV3 88,485.06 0.00 0.00 88,485.06
G 61745MLW1 104,769.30 0.00 0.00 104,769.30
H 61745MLX9 40,295.10 0.00 0.00 40,295.10
J 61745MLY7 48,353.10 0.00 0.00 48,353.10
K 61745MLZ4 40,300.20 0.00 0.00 40,300.20
L 61745MMA8 32,237.10 0.00 0.00 32,237.10
M 61745MMB6 32,237.10 0.00 0.00 32,237.10
N 61745MMC4 48,353.10 0.00 0.00 48,353.10
O 61745MMD2 31,947.20 0.00 0.00 31,947.20
R-I NA 0.00 0.00 0.00 0.00
R-II NA 0.00 0.00 0.00 0.00
R-III NA 0.00 0.00 0.00 0.00
Totals 3,415,204.14 0.00 0.00 4,041,833.75
</TABLE>
<TABLE>
<CAPTION>
Current
Subordination
Class CUSIP Ending Balance Level(1)
<S> <C> <C> <C>
A-1 61745MLP6 97,689,496.06 30.41%
A-2 61745MLQ4 339,885,000.00 30.41%
B 61745MLR2 33,185,000.00 25.13%
C 61745MLS0 26,864,000.00 20.86%
D 61745MLT8 12,642,000.00 18.85%
E 61745MMM2 30,025,000.00 14.07%
F 61745MLV3 14,222,000.00 11.81%
G 61745MLW1 20,543,000.00 8.54%
H 61745MLX9 7,901,000.00 7.29%
J 61745MLY7 9,481,000.00 5.78%
K 61745MLZ4 7,902,000.00 4.52%
L 61745MMA8 6,321,000.00 3.52%
M 61745MMB6 6,321,000.00 2.51%
N 61745MMC4 9,481,000.00 1.01%
O 61745MMD2 6,321,383.00 0.00%
R-I NA 0.00 0.00%
R-II NA 0.00 0.00%
R-III NA 0.00 0.00%
Totals 628,783,879.06
</TABLE>
<TABLE>
<CAPTION>
Original Beginning
Pass-Through Notional Notional
Class CUSIP Rate Amount Amount
<S> <C> <C> <C> <C>
X 61745MLU5 0.984244% 632,094,383.00 629,410,508.67
</TABLE>
<TABLE>
<CAPTION>
Ending
Interest Prepayment Total Notional
Class CUSIP Distribution Penalties Distribution Amount
<S> <C> <C> <C> <C> <C>
X 61745MLU5 516,244.49 0.00 516,244.49 628,783,879.06
<FN>
(1) Calculated by taking (A) the sum of the ending certificate balance of
all classes less (B) the sum of (i) the ending certificate balance of the
designated class and (ii) the ending certificate balance of all classes which
are not subordinate to the designated class and dividing the result by (A).
</FN>
</TABLE>
<TABLE>
<CAPTION>
Certificate Factor Detail
Beginning Principal Interest
Class CUSIP Balance Distribution Distribution
<S> <C> <C> <C> <C>
A-1 61745MLP6 973.42698683 6.20425356 4.96447762
A-2 61745MLQ4 1000.00000000 0.00000000 5.44166668
B 61745MLR2 1000.00000000 0.00000000 5.55000000
C 61745MLS0 1000.00000000 0.00000000 5.66666654
D 61745MLT8 1000.00000000 0.00000000 5.85833333
E 61745MMM2 1000.00000000 0.00000000 6.22170291
F 61745MLV3 1000.00000000 0.00000000 6.22170300
G 61745MLW1 1000.00000000 0.00000000 5.10000000
H 61745MLX9 1000.00000000 0.00000000 5.10000000
J 61745MLY7 1000.00000000 0.00000000 5.10000000
K 61745MLZ4 1000.00000000 0.00000000 5.10000000
L 61745MMA8 1000.00000000 0.00000000 5.10000000
M 61745MMB6 1000.00000000 0.00000000 5.10000000
N 61745MMC4 1000.00000000 0.00000000 5.10000000
O 61745MMD2 1000.00000000 0.00000000 5.05383078
R-I NA 0.00000000 0.00000000 0.00000000
R-II NA 0.00000000 0.00000000 0.00000000
R-III NA 0.00000000 0.00000000 0.00000000
</TABLE>
<TABLE>
<CAPTION>
Prepayment Realized Loss/ Ending
Class CUSIP Penalties Additional Trust Balance
Fund Expenses
<S> <C> <C> <C> <C>
A-1 61745MLP6 0.00000000 0.00000000 967.22273327
A-2 61745MLQ4 0.00000000 0.00000000 1000.00000000
B 61745MLR2 0.00000000 0.00000000 1000.00000000
C 61745MLS0 0.00000000 0.00000000 1000.00000000
D 61745MLT8 0.00000000 0.00000000 1000.00000000
E 61745MMM2 0.00000000 0.00000000 1000.00000000
F 61745MLV3 0.00000000 0.00000000 1000.00000000
G 61745MLW1 0.00000000 0.00000000 1000.00000000
H 61745MLX9 0.00000000 0.00000000 1000.00000000
J 61745MLY7 0.00000000 0.00000000 1000.00000000
K 61745MLZ4 0.00000000 0.00000000 1000.00000000
L 61745MMA8 0.00000000 0.00000000 1000.00000000
M 61745MMB6 0.00000000 0.00000000 1000.00000000
N 61745MMC4 0.00000000 0.00000000 1000.00000000
O 61745MMD2 0.00000000 0.00000000 1000.00000000
R-I NA 0.00000000 0.00000000 0.00000000
R-II NA 0.00000000 0.00000000 0.00000000
R-III NA 0.00000000 0.00000000 0.00000000
</TABLE>
<TABLE>
<CAPTION>
Beginnning Ending
Notional Interest Prepayment Notional
Class CUSIP Amount Distribution Penalties Amount
<S> <C> <C> <C> <C> <C>
X 61745MLU5 995.75399750 0.81672058 0.00000000 994.76264300
</TABLE>
<TABLE>
<CAPTION>
Reconciliation Detail
Advance Summary
<S> <C>
P & I Advances Outstanding 0.00
Servicing Advances Outstanding 0.00
Reimbursement for Interest on Advances 291.86
paid from general collections
</TABLE>
<TABLE>
<CAPTION>
Servicing Fee Breakdowns
<S> <C>
Current Period Accrued Servicing Fees 65,563.59
Less Delinquent Servicing Fees 0.00
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 0.00
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 65,563.59
</TABLE>
<TABLE>
<CAPTION>
Certificate Interest Reconciliation
Class Accrued Net Aggregate Realized Previously Unpaid
Certificate Prepayment Losses/ Interest(including
Interest Interest Shortfall Expense Losses interest thereon)
<S> <C> <C> <C> <C>
A-1 501,412.24 0.00 0.00 0.00
A-2 1,849,540.88 0.00 0.00 0.00
X 516,244.49 0.00 0.00 0.00
B 184,176.75 0.00 0.00 0.00
C 152,229.33 0.00 0.00 0.00
D 74,061.05 0.00 0.00 0.00
E 186,806.63 0.00 0.00 0.00
F 88,485.06 0.00 0.00 0.00
G 104,769.30 0.00 0.00 0.00
H 40,295.10 0.00 0.00 0.00
J 48,353.10 0.00 0.00 0.00
K 40,300.20 0.00 0.00 0.00
L 32,237.10 0.00 0.00 0.00
M 32,237.10 0.00 0.00 0.00
N 48,353.10 0.00 0.00 0.00
O 32,239.05 0.00 0.00 0.00
Total 3,931,740.48 0.00 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Distributable Distributable Remaining
Certificate Certif. Interest Interest Unpaid
Class Interest Adjustment Distribution Interest
<S> <C> <C> <C> <C>
A-1 501,412.24 0.00 501,412.24 0.00
A-2 1,849,540.88 0.00 1,849,540.88 0.00
X 516,244.49 0.00 516,244.49 0.00
B 184,176.75 0.00 184,176.75 0.00
C 152,229.33 0.00 152,229.33 0.00
D 74,061.05 0.00 74,061.05 0.00
E 186,806.63 0.00 186,806.63 0.00
F 88,485.06 0.00 88,485.06 0.00
G 104,769.30 0.00 104,769.30 0.00
H 40,295.10 0.00 40,295.10 0.00
J 48,353.10 0.00 48,353.10 0.00
K 40,300.20 0.00 40,300.20 0.00
L 32,237.10 0.00 32,237.10 0.00
M 32,237.10 0.00 32,237.10 0.00
N 48,353.10 0.00 48,353.10 0.00
O 32,239.05 291.86 31,947.20 770.01
Total 3,931,740.48 291.86 3,931,448.63 770.01
</TABLE>
<TABLE>
<CAPTION>
Other Required Information
<S> <C>
Available Distribution Amount 4,558,078.24
Principal Distribution Amount 626,629.61
(a) Principal portion of Scheduled Payments 626,629.61
and any Assumed Scheduled Payments
(b) Principal Prepayments 0.00
(c) Principal Portion of Balloon Payments 0.00
(d) Liquidation, Condemnation, Purchase, and 0.00
Insurance Proceeds and REO Income Received
on a Mortgage Loan
Aggregate Number of Outstanding Mortgage Loans 166
Aggregate Unpaid Principal Balance of the Mortgage Loans 628,823,506.36
Aggregate Scheduled Principal Balance of the Mortgage Loans 628,783,879.73
Interest Reserve Account
Deposits 0.00
Withdrawals 0.00
Total Servicing and Special Servicing Fee paid 65,563.59
Servicing Fee paid 65,563.59
Special Servicing Fee paid 0.00
Trustee Fee paid 1,966.91
Expense Losses (Additional Trust Fund Expenses) 291.86
(i) Special Servicing and Liquidation Fees 0.00
(ii) Advance Interest 291.86
(iii) Indemnifaction Expenses 0.00
(iv) Taxes Imposed on the Trust 0.00
(v) Amount of any Advance not Recovered 0.00
upon a Final Recovery Determination
</TABLE>
<TABLE>
<CAPTION>
Appraisal Reduction Amount
Appraisal Date Appraisal
Loan Reduction Reduction
Number Amount Effected
<S> <C> <C>
None
Total
</TABLE>
<TABLE>
<CAPTION>
Ratings Detail
Original Ratings
Class Cusip DCR Fitch Moody's S&P
<S> <C> <C> <C> <C> <C>
A-1 61745MLP6 X AAA X AAA
A-2 61745MLQ4 X AAA X AAA
X 61744MLU5 X AAA X AAAr
B 61745MLR2 X AA X AA
C 61745MLS0 X A X A
D 61745MLT8 X A- X A-
E 61745MMM2 X BBB X BBB
F 61745MLV3 X BBB- X NR
G 61745MLW1 X BB+ X BB+
H 61745MLX9 X BB X BB
J 61745MLY7 X BB- X NR
K 61745MLZ4 X B+ X B+
L 61745MMA8 X B X B
M 61745MMB6 X B- X NR
N 61745MMC4 X CCC X NR
O 61745MMD2 X NR X NR
</TABLE>
<TABLE>
<CAPTION>
Current Ratings(1)
Class Cusip DCR Fitch Moody's S&P
<S> <C> <C> <C> <C> <C>
A-1 61745MLP6 X AAA X AAA
A-2 61745MLQ4 X AAA X AAA
X 61744MLU5 X AAA X AAAr
B 61745MLR2 X AA X AA
C 61745MLS0 X A X A
D 61745MLT8 X A- X A-
E 61745MMM2 X BBB X BBB
F 61745MLV3 X BBB- X NR
G 61745MLW1 X BB+ X BB+
H 61745MLX9 X BB X BB
J 61745MLY7 X BB- X NR
K 61745MLZ4 X B+ X B+
L 61745MMA8 X B X B
M 61745MMB6 X B- X NR
N 61745MMC4 X CCC X NR
O 61745MMD2 X NR X NR
<FN>
NR - Designates that the class was not rated by the above agency at the
time of original issuance.
X - Designates that the above rating agency did not rate any classes in this
transaction at the time of original issuance.
N/A - Data not available this period.
1) For any class not rated at the time of original issuance by any
particular rating agency, no request has been made subsequent to issuance to
obtain rating information, if any, from such rating agency. The current ratings
were obtained directly from the applicable rating agency within 30 days of the
payment date listed above. The ratings may have changed since they were
obtained. Because the ratings may have changed, you may want to obtain current
ratings directly from the rating agencies.
Duff & Phelps Credit Rating Co.
55 East Monroe Street
Chicago, Illinois 60603
(312) 368- 3100
Fitch IBCA, Inc.
One State Street Plaza
New York, New York 10004
(212) 908- 0500
Moody's Investors Service
99 Church Street
New York, New York 10007
(212) 553- 0300
Standard & Poor's Rating Services
26 Broadway
New York, New York 10004
(212) 208- 8000
</FN>
</TABLE>
<TABLE>
<CAPTION>
Current Mortgage Loan and Property Stratification Tables
Scheduled Balance
% Of
Scheduled # of Scheduled Agg WAM Weighted
Balance Loans Balance Bal. (2) WAC Avg DSCR(1)
<S> <C> <C> <C> <C> <C> <C>
Below 1,000,000 16 11,263,525.31 1.79 110 7.2876 1.564663
1,000,001 to 2,000,000 36 55,461,996.97 8.82 109 7.4422 1.553378
2,000,001 to 3,000,000 45 112,208,755.52 17.85 110 7.5347 1.414496
3,000,001 to 4,000,000 23 81,710,576.01 13.00 112 7.3712 1.522133
4,000,001 to 5,000,000 12 53,016,633.29 8.43 120 7.5513 1.410664
5,000,001 to 6,000,000 8 43,190,186.09 6.87 104 7.8414 1.269850
6,000,001 to 7,000,000 10 64,797,271.36 10.31 110 7.7107 1.352043
7,000,001 to 8,000,000 3 22,203,860.75 3.53 116 6.9799 1.188126
8,000,001 to 9,000,000 1 8,273,160.81 1.32 105 7.5300 1.360000
9,000,001 to 10,000,000 4 37,176,901.07 5.91 109 7.9783 1.329616
10,000,001 to 15,000,000 3 38,625,631.09 6.14 111 8.1269 1.306232
15,000,001 to 20,000,000 3 49,600,455.76 7.89 111 8.0606 1.365940
20,000,001 to 25,000,000 1 21,709,138.53 3.45 162 7.2100 1.300000
25,000,001 and greater 1 29,545,787.17 4.70 111 7.7500 1.270000
Totals 166 628,783,879.73 100.00 113 7.6248 1.391776
</TABLE>
<TABLE>
<CAPTION>
State(3)
# of Scheduled % of Weighted
State Props. Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Alabama 8 9,186,478.57 1.46 109 8.5000 1.410000
Arizona 9 22,362,044.65 3.56 109 7.4308 1.360933
California 49 207,234,426.64 32.96 111 7.5733 1.339387
Colorado 4 12,628,922.67 2.01 109 7.2528 1.542866
Connecticut 1 2,139,482.94 0.34 111 8.5000 1.280000
Florida 5 33,324,432.99 5.30 142 7.1744 1.391137
Georgia 12 31,851,144.99 5.07 110 8.2875 1.424563
Hawaii 2 7,376,674.44 1.17 111 8.1624 1.250000
Illinois 1 1,397,696.24 0.22 104 7.0200 1.790000
Indiana 2 2,557,086.46 0.41 107 6.6800 1.540000
Kentucky 1 2,874,933.39 0.46 111 8.2500 1.480000
Louisiana 1 3,300,064.75 0.52 110 8.0000 1.280000
Maryland 5 14,384,152.56 2.29 111 7.8084 1.389985
Massachusetts 6 35,270,917.93 5.61 109 7.5163 1.346855
Michigan 1 2,927,979.61 0.47 105 8.6650 1.110000
Minnesota 1 5,065,716.24 0.81 109 8.0000 1.190000
Missouri 1 4,148,821.36 0.66 114 7.5000 1.530000
Nevada 3 7,545,682.75 1.20 164 7.7586 1.378345
New Hampshire 4 9,353,302.06 1.49 107 7.3311 1.360604
New Jersey 3 12,443,561.98 1.98 105 7.5309 1.327307
New Mexico 1 3,751,154.45 0.60 109 7.1500 2.410000
New York 4 5,305,370.40 0.84 105 7.7499 1.676263
North Carolina 3 10,375,025.54 1.65 110 8.1199 1.550592
Ohio 2 4,998,221.47 0.79 111 8.2411 1.367750
Oklahoma 3 7,500,877.79 1.19 109 7.9489 1.392419
Oregon 2 5,173,666.98 0.82 106 6.9840 1.209130
Pennsylvania 23 37,285,749.42 5.93 105 7.1832 1.595356
South Carolina 7 9,303,340.85 1.48 110 8.0626 1.298099
Tennessee 1 9,646,379.64 1.53 111 8.0000 1.300000
Texas 14 49,642,514.47 7.90 118 7.5671 1.423887
Utah 1 2,416,136.18 0.38 107 7.1000 1.290000
Virginia 3 7,582,696.06 1.21 111 8.1559 1.456076
Washington 6 11,893,417.36 1.89 108 7.5182 1.484570
Washington, DC 4 32,531,974.31 5.17 111 7.7458 1.293037
Wyoming 1 4,003,831.59 0.64 105 7.5300 1.770000
Totals 194 628,783,879.73 100.00 113 7.6248 1.391776
</TABLE>
<TABLE>
<CAPTION>
Note Rate
Note # of Scheduled % of Weighted
Rate Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
6.500% or less 0 0.00 0.00 0 0.0000 0.000000
6.501% to 7.000% 21 61,418,181.39 9.77 107 6.8557 1.482200
7.001% to 7.500% 75 225,439,688.89 35.85 112 7.2401 1.432854
7.501% to 8.000% 48 233,816,777.80 37.19 115 7.8324 1.320257
8.001% to 8.500% 16 78,218,222.64 12.44 114 8.2977 1.387060
8.501% or greater 6 29,891,009.01 4.75 110 8.7228 1.467953
Totals 166 628,783,879.73 100.00 113 7.6248 1.391776
</TABLE>
<TABLE>
<CAPTION>
Seasoning
# of Scheduled % of Weighted
Seasoning Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
12 months or less 82 397,395,885.77 63.20 110 7.8194 1.363409
13 to 24 months 84 231,387,993.96 36.80 117 7.2906 1.440495
25 to 36 months 0 0.00 0.00 0 0.0000 0.000000
37 to 48 months 0 0.00 0.00 0 0.0000 0.000000
49 and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 166 628,783,879.73 100.00 113 7.6248 1.391776
</TABLE>
<TABLE>
<CAPTION>
Debt Service Coverage Ratio (1)
Debt Service # of Scheduled % of Weighted
Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
1.15 or less 4 18,211,196.07 2.90 116 7.6243 0.999677
1.16 to 1.25 22 104,374,277.71 16.60 111 7.6650 1.223950
1.26 to 1.35 47 220,848,663.82 35.12 116 7.6033 1.292526
1.36 to 1.50 34 152,174,872.93 24.20 110 7.8850 1.417015
1.51 to 1.75 48 112,034,136.68 17.82 113 7.3325 1.638526
1.76 to 2.00 4 8,209,604.45 1.31 106 7.3363 1.836789
2.01 and above 7 12,931,128.07 2.06 108 7.3231 2.276316
Totals 166 628,783,879.73 100.00 113 7.6248 1.391776
</TABLE>
<TABLE>
<CAPTION>
Property Type(3)
Property # of Scheduled % of Weighted
Type Props Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Health Care 9 13,190,310.16 2.10 108 8.2056 1.519276
Industrial 6 26,270,851.33 4.18 109 7.8549 1.318954
Lodging 25 83,387,817.80 13.26 113 8.2365 1.480253
Mixed Use 14 48,048,012.67 7.64 108 7.7302 1.386156
Mobile Home Park 49 94,281,155.22 14.99 106 7.3535 1.463254
Multifamily 23 96,304,221.65 15.32 122 7.2575 1.282143
Office 20 112,021,311.61 17.82 110 7.6533 1.328909
Retail 33 122,756,748.20 19.52 113 7.5569 1.374463
Self Storage 15 32,523,451.09 5.17 122 7.5122 1.579657
Totals 194 628,783,879.73 100.00 113 7.6248 1.391776
</TABLE>
<TABLE>
<CAPTION>
Anticipated Remaining Term (ARD and Balloon Loans)
Anticipated # of Scheduled % of Weighted
Remaining Term(2) Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
120 months or less 159 586,014,937.49 93.20 108 7.6417 1.399199
121 to 180 months 3 30,302,680.86 4.82 153 7.1932 1.225609
181 or greater 1 3,635,810.91 0.58 223 7.5800 1.560000
Totals 163 619,953,429.26 98.60 111 7.6194 1.391657
</TABLE>
<TABLE>
<CAPTION>
Remaining Stated Term (Fully Amortizing Loans)
Stated # of Scheduled % of Weighted
Remaining Term Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
120 months or less 0 0.00 0.00 0 0.0000 0.000000
121 to 180 months 0 0.00 0.00 0 0.0000 0.000000
181 months and above 3 8,830,450.47 1.40 224 8.0054 1.400141
Totals 3 8,830,450.47 1.40 224 8.0054 1.400141
</TABLE>
<TABLE>
<CAPTION>
Remaining Amortization Term (ARD and Balloon Loans)
Remaining # of Scheduled % of Weighted
Amortization Term Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
120 months or less 0 0.00 0.00 0 0.0000 0.000000
121 to 180 months 1 2,467,628.73 0.39 103 7.1000 1.430000
181 months and greater 162 617,485,800.53 98.20 111 7.6215 1.391504
Totals 163 619,953,429.26 98.60 111 7.6194 1.391657
</TABLE>
<TABLE>
<CAPTION>
Age of Most Recent NOI
Age of Most # of Scheduled % of Weighted
Recent NOI Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Underwriter's Information 160 613,830,473.35 97.62 113 7.6379 1.399374
1 year or less 6 14,953,406.38 2.38 118 7.0859 1.079899
1 to 2 years 0 0.00 0.00 0 0.0000 0.000000
2 years or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 166 628,783,879.73 100.00 113 7.6248 1.391776
<FN>
(1) Debt Service Coverage Ratios are updated periodically as new NOI
figures become available from borrowers on an asset level. In all cases the most
current DSCR provided by the Servicer is used. To the extent that no DSCR is
provided by the Servicer, information from the offering document is used. The
trustee makes no reprensentations as to the accuracy of the data provided by
the borrower for this calculation.
(2)Anticipated Remaining Term and WAM are each calculated based upon the
term from the current month to the earlier of the Anticipated Repayment Date, if
applicable, and the maturity date.
(3) Data in this table was calculated by allocating pro- rata the
current loan information to the properties based upon the Cut- off Date Balance
of the related mortgage loan as disclosed in the offering document.
Note(i) "Scheduled Balance" has the meaning assigned thereto in the CSSA
Standard Information Package.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Mortgage Loan Detail
Loan Property Interest Principal Gross
Number ODCR Type (1) City State Payment Payment Coupon
<S> <C> <C> <C> <C>
400033248 1 MH Taylor PA 22,621.30 3,290.58 7.180%
400033257 2 MH Danboro PA 19,072.86 2,774.41 7.180%
400033238 3 MH Various PA 16,855.08 2,451.81 7.180%
400033247 5 MH Port Jervis NY 11,946.41 1,737.77 7.180%
400033259 6 MH Various PA 11,443.71 1,664.65 7.180%
400033250 8 MH Avoca PA 11,384.57 1,656.05 7.180%
400033244 9 MH Schuykill Haven PA 11,088.87 1,613.03 7.180%
400033256 10 MH Greensburg PA 10,201.76 1,483.99 7.180%
400033254 11 MH Somerset PA 9,314.65 1,354.95 7.180%
400033255 12 MH Norristown PA 8,871.10 1,290.42 7.180%
400033258 13 MH Ephrata PA 6,357.62 924.80 7.180%
400033240 14 MH Chambersburg PA 5,766.21 838.78 7.180%
400033253 15 MH Blossvale NY 5,766.21 838.78 7.180%
400033243 16 MH Athens PA 4,731.25 688.23 7.180%
400033242 17 MH Catlin NY 4,110.27 597.90 7.180%
400033237 18 MH Linkwood MD 3,755.43 546.28 7.180%
400033241 19 MH Sayre PA 3,725.86 541.98 7.180%
400033252 20 MH Tunkhannock PA 3,696.29 537.68 7.180%
400033246 21 MH Honey Brook PA 3,400.59 494.66 7.180%
400033251 22 MH Narvon PA 2,365.63 344.11 7.180%
400033249 23 MH Jonestown PA 1,655.94 240.88 7.180%
400033245 24 MH Chambersburg PA 1,064.53 154.85 7.180%
400033388 25 Various Various DC 190,961.96 22,516.95 7.750%
400033392 29 MF Tampa FL 130,549.50 18,932.87 7.210%
400033379 30 OF Quincy MA 121,436.71 13,965.20 7.750%
400033393 31 LO Various Various 106,300.24 16,540.29 8.250%
400033399 37 LO Various Various 105,754.41 16,455.36 8.250%
400033367 43 RT Los Angeles CA 90,656.23 10,222.57 7.810%
400033375 44 OF West Covina CA 84,258.17 8,929.93 8.000%
400033381 45 LO San Diego CA 86,889.52 12,174.57 8.625%
400033374 46 RT Sevierville TN 64,354.67 6,820.49 8.000%
400033342 47 HC Various AL 65,138.79 9,586.28 8.500%
400033382 55 IN San Jose CA 61,302.80 6,497.05 8.000%
400033283 56 LO Flagstaff AZ 56,604.36 11,578.31 7.410%
400033343 57 IN Los Angeles CA 52,018.33 16,613.10 7.530%
400033261 58 MF Alameda CA 45,020.68 6,725.78 7.100%
400033385 59 MF Houston TX 41,942.49 6,802.12 6.770%
400033372 60 MU Honolulu HI 35,043.62 3,566.23 8.125%
400033380 61 MU Kailua-Kona HI 15,193.21 5,354.11 8.250%
400033288 62 MF Escondido CA 42,303.62 6,402.45 7.070%
400033341 63 RT Gardena CA 40,814.88 5,991.59 7.050%
400033331 64 RT Glenolden PA 42,220.18 8,692.42 7.320%
400033405 65 OF Washington DC 43,920.91 5,058.69 7.730%
400033371 66 MH Santa Paula CA 43,431.29 5,173.28 7.650%
400033339 67 MH Garden Grove CA 43,925.29 12,116.19 8.000%
400033410 68 MU Boston MA 38,871.28 5,435.75 7.320%
400033414 69 MF Saugus CA 38,539.16 4,812.14 7.500%
400033362 70 MU Denton TX 41,828.06 4,222.29 8.150%
400033263 71 LO Norcross GA 43,208.02 6,231.57 8.580%
400033406 72 OF Bethesda MD 40,002.02 4,222.69 7.960%
400033411 73 OF Cherry Hill NJ 35,205.60 4,667.74 7.460%
400033346 74 MH Various SC 37,292.46 6,315.16 8.000%
400033349 79 RT Maywood CA 38,449.61 3,739.48 8.280%
400033368 80 RT Upland CA 36,753.98 3,959.24 7.950%
400033276 81 MU Palm Desert CA 33,209.05 4,363.82 7.450%
400033281 82 MH Pittsgrove NJ 32,702.42 4,247.13 7.470%
400033333 83 RT St. Paul MN 33,795.62 3,626.37 8.000%
400033278 84 RT Oxnard CA 31,988.00 9,485.57 7.830%
400033329 85 RT Various CA 26,919.54 6,844.25 6.610%
400033364 87 LO Marietta GA 36,081.03 4,621.22 8.950%
400033365 88 MH Plano TX 30,494.85 5,314.73 7.850%
400033373 89 MF West Covina CA 28,438.17 3,550.89 7.500%
400033289 90 RT Marana AZ 18,400.43 2,502.94 7.330%
400033298 91 RT Tucson AZ 8,789.88 1,246.17 7.190%
400033363 92 RT Calexico CA 29,191.81 3,093.83 8.000%
400033378 93 MF Irving TX 28,100.38 5,039.67 7.750%
400033282 94 MF Eugene OR 24,230.17 5,687.65 6.940%
400033327 95 MU Bethany MO 25,962.06 5,108.40 7.500%
400033326 96 RT Jamaica Plain MA 23,586.57 3,635.89 6.920%
400033319 97 SS San Rafael CA 23,855.77 3,531.86 7.040%
400033273 98 HC Sheridan WY 25,155.42 5,000.99 7.530%
400033315 99 MH Fort Collins CO 23,318.09 5,306.47 7.000%
400033277 100 SS Lauderhill FL 24,381.50 5,174.04 7.330%
400033321 101 RT Los Angeles CA 23,206.90 3,458.95 7.020%
400033306 102 OF Sacramento CA 22,784.32 3,559.69 6.900%
400033338 103 LO Various GA 26,157.52 4,429.56 8.000%
400033384 105 OF Colorado Springs CO 24,100.48 2,994.08 7.500%
400033332 106 OF Los Alamos NM 22,379.48 4,842.84 7.150%
400033317 107 MH Sacramento CA 22,179.47 3,061.05 7.250%
400033376 108 SS Reno NV 22,994.89 4,540.61 7.580%
400033266 109 MF Abilene TX 22,035.72 4,682.23 7.300%
400033336 110 MU Austin TX 23,252.23 2,663.11 7.800%
400033325 111 OF Philadelphia PA 20,727.19 4,716.86 7.000%
400033296 112 RT Menlo Park CA 21,094.83 4,519.09 7.230%
400033412 113 LO Pineville NC 22,691.30 3,998.47 7.860%
400033236 114 RT Sebastopol CA 19,582.12 3,235.26 6.800%
400033352 115 OF Harahan LA 22,016.06 2,344.92 8.000%
400033285 116 RT Gilroy CA 20,749.71 2,573.44 7.610%
400033260 117 MH El Paso TX 18,767.12 4,198.03 7.170%
400033344 118 OF Atlanta GA 22,194.39 2,026.38 8.500%
400033304 119 OF Pasadena CA 17,722.69 2,650.54 7.030%
400033345 120 MU Lynnwood WA 19,879.77 2,133.17 8.000%
400033284 121 MF Dallas TX 17,076.32 2,681.68 6.900%
400033407 122 MF Kentwood MI 21,155.98 1,872.82 8.665%
400033353 123 MH Austin TX 18,744.94 2,131.30 7.800%
400033361 124 RT Los Angeles CA 19,179.78 3,202.89 8.000%
400033290 125 MF Oakland CA 16,683.51 3,831.59 7.010%
400033318 126 LO Winter Park CO 17,481.73 3,486.92 7.450%
400033323 127 SS Oakland CA 16,412.16 3,680.05 7.050%
400033351 128 MF Oklahoma City OK 18,173.98 3,177.84 7.860%
400033330 129 RT Santa Monica CA 16,345.01 2,244.29 7.250%
400033370 130 RT Londonderry NH 18,478.33 1,805.87 8.250%
400033413 131 SS Arlington TX 17,857.04 2,982.00 8.000%
400033366 132 RT Baltimore MD 17,857.04 2,982.00 8.000%
400033328 133 OF Santa Monica CA 15,923.73 2,275.78 7.130%
400033274 134 MH Port Orange FL 16,212.75 3,424.97 7.320%
400033310 135 MH Micco FL 14,945.71 2,439.87 6.770%
400033270 136 RT Rancho Cucamonga CA 16,029.95 2,191.74 7.330%
400033314 137 LO Sierra Vista AZ 16,424.92 3,137.21 7.600%
400033335 138 OF Bakersfield CA 15,050.98 2,246.88 7.000%
400033291 139 MF Seattle WA 15,693.58 2,148.94 7.310%
400033312 140 MH Chesterfield IN 9,868.47 2,488.49 6.680%
400033313 141 MH Muncie IN 4,385.99 1,105.99 6.680%
400033307 142 IN Vernon CA 15,332.06 5,138.30 7.280%
400033265 143 MH Exeter NH 14,652.57 8,862.57 7.100%
400033262 144 SS Las Vegas NV 15,646.98 1,987.71 7.590%
400033287 145 MU Los Angeles CA 15,822.78 1,892.86 7.720%
400033309 146 OF Layton UT 14,307.80 2,083.78 7.100%
400033337 147 OF Los Angeles CA 14,023.81 2,048.36 7.065%
400033302 148 RT Simi Valley CA 14,012.47 2,067.78 7.070%
400033292 149 RT Warr Acres OK 13,882.41 2,100.97 7.010%
400033369 150 LO Durant OK 17,685.78 3,048.17 9.000%
400033299 151 LO Bay City TX 16,575.93 4,251.83 8.500%
400033322 152 MF St. Petersburg FL 13,338.78 2,091.20 6.870%
400033305 153 RT Lexington MA 13,335.40 3,139.23 6.910%
400033293 154 RT Fresno CA 14,615.56 2,726.81 7.730%
400033383 155 MF Fairborn OH 15,258.38 2,372.98 8.230%
400033408 156 MF Houston TX 12,303.13 1,995.29 6.770%
400033300 157 MH Epsom NH 12,668.10 2,895.08 7.010%
400033264 158 SS Rohnert Park CA 14,410.98 2,539.84 7.980%
400033355 159 IN North Haven CT 15,164.36 1,367.28 8.500%
400033295 160 MH Augusta GA 12,349.16 2,779.01 7.070%
400033356 161 IN El Paso TX 13,932.45 1,476.61 8.000%
400033347 162 IN Leominster MA 14,420.84 1,349.20 8.400%
400033387 163 RT Vancouver WA 12,500.58 2,625.47 7.340%
400033409 164 MF Raymond NH 11,435.05 1,873.50 6.740%
400033316 165 MH Platteville CO 11,515.10 2,620.48 7.000%
400033297 166 SS Palmdale CA 11,611.86 2,293.41 7.510%
400033360 167 SS Dumfries VA 11,678.88 2,035.43 7.850%
400033354 168 RT Federal Way WA 11,604.85 1,236.03 8.000%
400033275 169 MF Decatur GA 10,581.57 2,203.16 7.370%
400033303 170 MU Malden MA 9,464.46 3,552.85 6.840%
400033350 171 LO Schenectady NY 12,471.37 1,585.17 9.000%
400033235 172 MU Houston TX 10,458.20 3,158.80 7.820%
400033359 173 OF Cerritos CA 11,052.78 1,080.18 8.250%
400033311 174 MH Truckee CA 9,360.32 2,070.92 7.120%
400033377 175 RT Cherry Hill NJ 10,251.26 1,711.89 8.000%
400033334 176 RT Phoenix AZ 9,590.70 1,212.16 7.500%
400033358 177 OF Orange CA 10,334.18 1,009.95 8.250%
400033294 178 MF Renton WA 8,619.53 1,319.74 6.960%
400033357 179 SS Las Vegas NV 10,196.52 1,479.27 8.500%
400033320 180 RT Phoenix AZ 8,679.80 1,201.92 7.240%
400033286 181 MF Culver City CA 8,734.14 1,184.14 7.340%
400033271 182 SS Berkeley CA 8,425.44 1,837.86 7.210%
400033267 183 MH Decatur IL 8,187.65 1,902.14 7.020%
400033348 184 MU Hanahan SC 9,251.04 1,554.39 8.000%
400033386 185 MH Sonora CA 8,282.03 950.78 7.740%
400033269 186 SS Baltimore MD 7,327.94 1,626.77 7.150%
400033279 187 SS Marana AZ 7,404.66 1,536.72 7.360%
400033415 188 MU Philadelphia PA 6,854.71 2,448.88 7.000%
400033272 189 RT Clovis CA 6,847.97 873.54 7.540%
400033301 190 MF Seattle WA 6,280.25 945.57 7.010%
400033308 191 SS Lake Havasu City AZ 6,232.60 786.96 7.540%
400033280 192 MH Fairview OR 5,918.53 849.06 7.170%
400033340 193 MF Phoenix AZ 6,494.06 696.83 8.000%
400033268 194 SS Moreno Valley CA 5,396.13 1,013.01 7.730%
totals 3,999,270.93 626,629.61
</TABLE>
<TABLE>
<CAPTION>
Loan Anticipated Neg Beginning Ending Paid
Number Repayment Maturity Amort Scheduled Scheduled Thru
Date Date (Y/N) Balance Balance Date
<S> <C> <C> <C> <C> <C> <C>
400033248 05/11/2008 05/11/2028 N 3,780,717.89 3,777,427.31 10/11/1999
400033257 05/11/2008 05/11/2028 N 3,187,664.12 3,184,889.71 10/11/1999
400033238 05/11/2008 05/11/2028 N 2,817,005.51 2,814,553.70 10/11/1999
400033247 05/11/2008 05/11/2028 N 1,996,614.45 1,994,876.68 10/11/1999
400033259 05/11/2008 05/11/2028 N 1,912,598.51 1,910,933.86 10/11/1999
400033250 05/11/2008 05/11/2028 N 1,902,714.21 1,901,058.16 10/11/1999
400033244 05/11/2008 05/11/2028 N 1,853,293.10 1,851,680.07 10/11/1999
400033256 05/11/2008 05/11/2028 N 1,705,029.64 1,703,545.65 10/11/1999
400033254 05/11/2008 05/11/2028 N 1,556,766.18 1,555,411.23 10/11/1999
400033255 05/11/2008 05/11/2028 N 1,482,634.51 1,481,344.09 10/11/1999
400033258 05/11/2008 05/11/2028 N 1,062,554.75 1,061,629.95 10/11/1999
400033240 05/11/2008 05/11/2028 N 963,712.37 962,873.59 10/11/1999
400033253 05/11/2008 05/11/2028 N 963,712.37 962,873.59 10/11/1999
400033243 05/11/2008 05/11/2028 N 790,738.35 790,050.12 10/11/1999
400033242 05/11/2008 05/11/2028 N 686,954.02 686,356.12 10/11/1999
400033237 05/11/2008 05/11/2028 N 627,648.58 627,102.30 10/11/1999
400033241 05/11/2008 05/11/2028 N 622,706.45 622,164.47 10/11/1999
400033252 05/11/2008 05/11/2028 N 617,764.32 617,226.64 10/11/1999
400033246 05/11/2008 05/11/2028 N 568,343.21 567,848.55 10/11/1999
400033251 05/11/2008 05/11/2028 N 395,369.17 395,025.06 10/11/1999
400033249 05/11/2008 05/11/2028 N 276,758.41 276,517.53 10/11/1999
400033245 05/11/2008 05/11/2028 N 177,916.18 177,761.33 10/11/1999
400033388 N/A 01/01/2009 N 29,568,304.12 29,545,787.17 10/01/1999
400033392 N/A 04/01/2013 N 21,728,071.40 21,709,138.53 10/01/1999
400033379 N/A 01/01/2009 N 18,803,103.13 18,789,137.93 10/01/1999
400033393 N/A 01/01/2009 N 15,461,853.40 15,445,313.11 10/01/1999
400033399 N/A 01/01/2009 N 15,382,460.08 15,366,004.72 10/01/1999
400033367 N/A 12/01/2008 N 13,929,254.97 13,919,032.40 10/01/1999
400033375 N/A 01/01/2009 N 12,638,725.92 12,629,795.99 10/01/1999
400033381 N/A 01/01/2009 N 12,088,977.27 12,076,802.70 10/01/1999
400033374 N/A 01/01/2009 N 9,653,200.13 9,646,379.64 10/01/1999
400033342 N/A 11/01/2008 N 9,196,064.85 9,186,478.57 09/01/1999
400033382 N/A 01/01/2009 N 9,195,419.45 9,188,922.40 09/01/1999
400033283 N/A 08/01/2008 N 9,166,698.77 9,155,120.46 10/01/1999
400033343 N/A 07/11/2008 N 8,289,773.91 8,273,160.81 10/11/1999
400033261 N/A 05/11/2010 N 7,609,129.74 7,602,403.96 10/11/1999
400033385 N/A 10/01/2008 N 7,434,414.47 7,427,612.35 10/01/1999
400033372 N/A 01/01/2009 N 5,175,673.64 5,172,107.41 10/01/1999
400033380 N/A 01/01/2009 N 2,209,921.14 2,204,567.03 10/01/1999
400033288 N/A 02/11/2009 N 7,180,246.89 7,173,844.44 10/11/1999
400033341 N/A 11/01/2008 N 6,947,214.36 6,941,222.77 09/01/1999
400033331 N/A 11/01/2008 N 6,921,341.45 6,912,649.03 10/01/1999
400033405 N/A 02/01/2009 N 6,818,252.55 6,813,193.86 10/01/1999
400033371 N/A 01/01/2009 N 6,812,752.09 6,807,578.81 10/01/1999
400033339 N/A 11/01/2008 N 6,588,793.28 6,576,677.09 10/01/1999
400033410 N/A 04/01/2008 N 6,372,341.45 6,366,905.70 10/01/1999
400033414 N/A 01/01/2009 N 6,166,265.05 6,161,452.91 10/01/1999
400033362 N/A 01/01/2009 N 6,158,733.18 6,154,510.89 10/01/1999
400033263 11/11/2008 11/11/2023 N 6,043,079.93 6,036,848.36 10/11/1999
400033406 N/A 03/01/2009 N 6,030,454.63 6,026,231.94 10/01/1999
400033411 N/A 05/01/2008 N 5,663,099.04 5,658,431.30 10/01/1999
400033346 N/A 11/01/2008 N 5,593,868.77 5,587,553.61 10/01/1999
400033349 N/A 12/01/2008 N 5,572,407.00 5,568,667.52 10/01/1999
400033368 N/A 01/01/2009 N 5,547,770.65 5,543,811.41 10/01/1999
400033276 07/01/2005 07/01/2028 N 5,349,109.27 5,344,745.45 10/01/1999
400033281 N/A 08/11/2008 N 5,253,400.28 5,249,153.15 10/11/1999
400033333 N/A 11/01/2008 N 5,069,342.61 5,065,716.24 10/01/1999
400033278 N/A 07/11/2018 N 4,902,375.57 4,892,890.00 10/11/1999
400033329 N/A 11/01/2008 N 4,887,057.73 4,880,213.48 10/01/1999
400033364 N/A 01/01/2009 N 4,837,679.74 4,833,058.52 10/01/1999
400033365 N/A 01/01/2009 N 4,661,632.63 4,656,317.90 10/01/1999
400033373 N/A 01/01/2009 N 4,550,106.91 4,546,556.02 10/01/1999
400033289 N/A 08/01/2008 N 3,012,348.72 3,009,845.78 10/01/1999
400033298 N/A 09/01/2008 N 1,467,018.19 1,465,772.02 10/01/1999
400033363 N/A 01/01/2009 N 4,378,771.19 4,375,677.36 10/01/1999
400033378 N/A 01/01/2009 N 4,351,027.19 4,345,987.52 10/01/1999
400033282 08/11/2008 08/11/2023 N 4,189,654.22 4,183,966.57 10/11/1999
400033327 N/A 04/01/2009 N 4,153,929.76 4,148,821.36 10/01/1999
400033326 N/A 10/01/2008 N 4,090,156.19 4,086,520.30 10/01/1999
400033319 N/A 10/01/2008 N 4,066,324.53 4,062,792.67 10/01/1999
400033273 07/01/2008 07/01/2023 N 4,008,832.58 4,003,831.59 10/01/1999
400033315 N/A 10/01/2008 N 3,997,386.10 3,992,079.63 10/01/1999
400033277 N/A 06/11/2008 N 3,991,514.16 3,986,340.12 10/11/1999
400033321 N/A 10/01/2008 N 3,966,991.40 3,963,532.45 10/01/1999
400033306 N/A 09/01/2008 N 3,962,489.64 3,958,929.95 10/01/1999
400033338 N/A 11/01/2008 N 3,923,628.64 3,919,199.08 10/01/1999
400033384 N/A 02/01/2009 N 3,856,077.31 3,853,083.23 10/01/1999
400033332 N/A 11/01/2008 N 3,755,997.29 3,751,154.45 10/01/1999
400033317 N/A 10/01/2008 N 3,671,084.56 3,668,023.51 10/01/1999
400033376 05/11/2018 05/11/2023 N 3,640,351.52 3,635,810.91 09/11/1999
400033266 N/A 07/01/2008 N 3,622,310.54 3,617,628.31 10/01/1999
400033336 N/A 11/01/2008 N 3,577,266.92 3,574,603.81 10/01/1999
400033325 N/A 10/01/2008 N 3,553,232.14 3,548,515.28 10/01/1999
400033296 N/A 09/01/2008 N 3,501,216.93 3,496,697.84 10/01/1999
400033412 N/A 11/01/2008 N 3,464,320.98 3,460,322.51 10/01/1999
400033236 N/A 05/01/2008 N 3,455,668.58 3,452,433.32 10/01/1999
400033352 N/A 12/01/2008 N 3,302,409.67 3,300,064.75 10/01/1999
400033285 N/A 08/11/2008 N 3,271,965.32 3,269,391.88 10/11/1999
400033260 N/A 04/01/2008 N 3,140,941.11 3,136,743.08 10/01/1999
400033344 N/A 11/01/2008 N 3,133,326.21 3,131,299.83 10/01/1999
400033304 N/A 09/01/2008 N 3,025,209.81 3,022,559.27 10/01/1999
400033345 N/A 11/01/2008 N 2,981,966.20 2,979,833.03 10/01/1999
400033284 N/A 08/11/2008 N 2,969,794.67 2,967,112.99 10/11/1999
400033407 N/A 07/01/2008 N 2,929,852.43 2,927,979.61 10/01/1999
400033353 N/A 12/01/2008 N 2,883,837.04 2,881,705.74 10/01/1999
400033361 N/A 01/01/2009 N 2,876,967.28 2,873,764.39 09/01/1999
400033290 N/A 08/01/2008 N 2,855,950.15 2,852,118.56 10/01/1999
400033318 N/A 10/01/2008 N 2,815,849.33 2,812,362.41 10/01/1999
400033323 N/A 10/01/2008 N 2,793,559.88 2,789,879.83 10/01/1999
400033351 N/A 12/01/2008 N 2,774,653.61 2,771,475.77 10/01/1999
400033330 N/A 11/01/2008 N 2,705,380.41 2,703,136.12 10/01/1999
400033370 N/A 01/01/2009 N 2,687,756.88 2,685,951.01 10/01/1999
400033413 N/A 01/01/2009 N 2,678,555.72 2,675,573.72 10/01/1999
400033366 N/A 01/01/2009 N 2,678,555.73 2,675,573.73 10/01/1999
400033328 N/A 11/01/2008 N 2,680,011.46 2,677,735.68 10/01/1999
400033274 N/A 07/11/2008 N 2,657,827.35 2,654,402.38 10/11/1999
400033310 N/A 09/01/2008 N 2,649,164.95 2,646,725.08 10/01/1999
400033270 N/A 07/01/2008 N 2,624,275.89 2,622,084.15 10/01/1999
400033314 N/A 10/01/2008 N 2,593,408.41 2,590,271.20 10/01/1999
400033335 N/A 11/01/2008 N 2,580,168.09 2,577,921.21 10/01/1999
400033291 N/A 08/01/2008 N 2,576,236.79 2,574,087.85 10/01/1999
400033312 N/A 09/01/2008 N 1,772,779.10 1,770,290.61 10/01/1999
400033313 N/A 09/01/2008 N 787,901.84 786,795.85 10/01/1999
400033307 N/A 09/01/2008 N 2,527,261.97 2,522,123.67 10/01/1999
400033265 05/11/2008 05/11/2013 N 2,476,491.30 2,467,628.73 09/11/1999
400033262 N/A 11/01/2008 N 2,473,830.05 2,471,842.34 10/01/1999
400033287 N/A 08/11/2008 N 2,459,499.44 2,457,606.58 10/11/1999
400033309 N/A 09/01/2008 N 2,418,219.96 2,416,136.18 10/01/1999
400033337 N/A 11/01/2008 N 2,381,964.25 2,379,915.89 10/01/1999
400033302 N/A 09/11/2008 N 2,378,354.20 2,376,286.42 10/11/1999
400033292 N/A 08/11/2008 N 2,376,447.18 2,374,346.21 10/11/1999
400033369 N/A 01/01/2009 N 2,358,103.98 2,355,055.81 10/01/1999
400033299 N/A 05/01/2018 N 2,340,131.65 2,335,879.82 10/01/1999
400033322 N/A 10/01/2008 N 2,329,918.08 2,327,826.88 10/01/1999
400033305 N/A 09/01/2008 N 2,315,844.36 2,312,705.13 10/01/1999
400033293 N/A 08/01/2008 N 2,268,909.22 2,266,182.41 10/01/1999
400033383 N/A 02/01/2009 N 2,224,793.67 2,222,420.69 10/01/1999
400033408 N/A 10/01/2008 N 2,180,761.56 2,178,766.27 10/01/1999
400033300 N/A 09/01/2008 N 2,168,576.50 2,165,681.42 10/01/1999
400033264 N/A 06/01/2008 N 2,167,064.85 2,164,525.01 10/01/1999
400033355 N/A 01/01/2009 N 2,140,850.22 2,139,482.94 10/01/1999
400033295 N/A 03/01/2009 N 2,096,037.90 2,093,258.89 10/01/1999
400033356 N/A 01/01/2009 N 2,089,868.03 2,088,391.42 10/01/1999
400033347 N/A 12/01/2008 N 2,060,119.29 2,058,770.09 10/01/1999
400033387 08/11/2008 07/11/2023 N 2,043,692.10 2,041,066.63 10/11/1999
400033409 N/A 10/01/2008 N 2,035,914.40 2,034,040.90 10/01/1999
400033316 N/A 10/01/2008 N 1,974,017.88 1,971,397.40 10/01/1999
400033297 N/A 09/01/2008 N 1,855,423.74 1,853,130.33 10/01/1999
400033360 N/A 01/01/2009 N 1,785,306.09 1,783,270.66 10/01/1999
400033354 N/A 12/01/2008 N 1,740,727.97 1,739,491.94 10/01/1999
400033275 N/A 07/11/2008 N 1,722,914.31 1,720,711.15 10/11/1999
400033303 N/A 09/11/2008 N 1,660,431.63 1,656,878.78 10/11/1999
400033350 N/A 12/01/2008 N 1,662,849.18 1,661,264.01 10/01/1999
400033235 N/A 05/01/2018 N 1,604,839.45 1,601,680.65 10/01/1999
400033359 N/A 01/01/2009 N 1,607,676.77 1,606,596.59 10/01/1999
400033311 N/A 09/01/2005 N 1,577,582.76 1,575,511.84 10/01/1999
400033377 N/A 01/01/2009 N 1,537,689.42 1,535,977.53 10/01/1999
400033334 N/A 11/01/2008 N 1,534,512.33 1,533,300.17 10/01/1999
400033358 N/A 01/01/2009 N 1,503,152.87 1,502,142.92 10/01/1999
400033294 N/A 09/01/2008 N 1,486,125.06 1,484,805.32 10/01/1999
400033357 N/A 01/01/2009 N 1,439,508.77 1,438,029.50 10/01/1999
400033320 N/A 10/01/2008 N 1,438,641.16 1,437,439.24 10/01/1999
400033286 N/A 08/11/2008 N 1,427,924.44 1,426,740.30 10/11/1999
400033271 N/A 07/01/2008 N 1,402,293.15 1,400,455.29 10/01/1999
400033267 N/A 06/11/2008 N 1,399,598.38 1,397,696.24 10/11/1999
400033348 N/A 12/01/2008 N 1,387,655.56 1,386,101.17 10/01/1999
400033386 N/A 02/01/2009 N 1,284,034.92 1,283,084.14 10/01/1999
400033269 N/A 07/01/2008 N 1,229,864.64 1,228,237.87 10/01/1999
400033279 N/A 08/11/2008 N 1,207,281.97 1,205,745.25 10/11/1999
400033415 N/A 10/01/2008 N 1,175,092.97 1,172,644.09 10/01/1999
400033272 N/A 07/01/2008 N 1,089,863.22 1,088,989.68 10/01/1999
400033301 N/A 09/11/2008 N 1,075,078.16 1,074,132.59 09/11/1999
400033308 N/A 09/01/2013 N 991,925.33 991,138.37 10/01/1999
400033280 N/A 08/11/2008 N 990,549.47 989,700.41 10/11/1999
400033340 N/A 11/01/2008 N 974,108.99 973,412.16 10/01/1999
400033268 N/A 07/01/2008 N 837,692.23 836,679.22 10/01/1999
totals 629,410,509.34 628,783,879.73
Appraisal Appraisal Res Mod
Reduction Reduction Strat. Code
Date Amount (2) (3)
Totals 0.00
<FN>
(1) Property Type Code
MF- Multi- Family
RT- Retail
HC- Health Care
IN- Industrial
WH- Warehouse
MH- Mobile Home Park
OF- Office
MU- Mixed Use
LO- Lodging
SS- Self Storage
OT- Other
(2) Resolution Strategy Code
1- Modification
2- Foreclosure
3- Bankruptcy
4- Extension
5- Note Sale
6- DPO
7- REO
8- Resolved
9- Pending Return to Master Server
10- Deed In Lieu of Foreclosure
11- Full Payoff
12-Reps and Warranties
13-Other or TBD
(3) Modification Code
1- Maturity Date Extension
2- Amortization Change
3- Principal Write- Off
4- Combination
</FN>
</TABLE>
Principal Prepayments Detail
No Principal Prepayments this Period
<TABLE>
<CAPTION>
Historical Detail
Delinquencies
Distribution 30-59 Days 60-89 Days 90 Days or More Foreclosure REO Modifications
Date # Balance # Balance # Balance # Balance # Balance # Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
10/15/99 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
09/16/99 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
08/17/99 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
07/15/99 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
06/17/99 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
05/17/99 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
</TABLE>
<TABLE>
<CAPTION>
Prepayments
Distribution Curtailments Payoff
Date # Amount # Amount
<S> <C> <C> <C> <C>
10/15/99 0 $0.00 0 $0.00
09/16/99 0 $0.00 0 $0.00
08/17/99 0 $0.00 0 $0.00
07/15/99 0 $0.00 0 $0.00
06/17/99 0 $0.00 0 $0.00
05/17/99 0 $0.00 0 $0.00
</TABLE>
<TABLE>
<CAPTION>
Rate and Maturities
Distribution Next Weighted Avg. WAM
Date Coupon Remit
<S> <C> <C> <C>
10/15/99 7.624818% 7.496068% 113
09/16/99 7.624794% 7.496004% 114
08/17/99 7.624762% 7.496012% 115
07/15/99 7.622566% 7.493816% 116
06/17/99 7.622542% 7.493792% 117
05/17/99 7.622510% 7.493760% 118
<FN>
Note: Foreclosure and REO Totals are excluded from the delinquencies aging
categories.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Delinquency Loan Detail
Offering # of Current Outstanding Status of
Loan Number Document Months Paid Through P & I P & I Mortgage
Cross- Reference Delinq. Date Advances Advances** Loan(1)
<S> <C> <C> <C> <C> <C> <C>
400033342 47 0 09/01/1999 0.00 0.00 B
400033382 55 0 09/01/1999 0.00 0.00 B
400033341 63 0 09/01/1999 0.00 0.00 B
400033376 108 0 09/11/1999 0.00 0.00 A
400033361 124 0 09/01/1999 0.00 0.00 B
400033265 143 0 09/11/1999 0.00 0.00 A
400033301 190 0 09/11/1999 0.00 0.00 A
totals 7 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Resolution Actual Outstanding Bank-
Loan Number Strategy Servicing Foreclosure Principal Servicing Ruptcy REO
Code(2) Transfer Date Date Balance Advances Date Date
<S> <C> <C>
400033342 9,196,064.85 0.00
400033382 9,195,419.45 0.00
400033341 6,947,214.36 0.00
400033376 3,640,351.52 0.00
400033361 2,876,967.28 0.00
400033265 2,476,491.30 0.00
400033301 1,075,078.16 0.00
totals 35,407,586.92 0.00
</TABLE>
<TABLE>
Current Outstanding Actual Outstanding
P & I P & I Principal Servicing
Advances Advances Balance Advances
<S> <C> <C> <C> <C>
Totals by deliquency code:
Totals for status code = A (3 Loans) 0.00 0.00 7,191,920.98 0.00
Totals for status code = B (4 Loans) 0.00 0.00 28,215,665.94 0.00
</TABLE>
(1) Status of Mortgage Loan
A- Payment Not Received But Still in Grace Period
B- Late Payment But Less Than 1 Month Delinquent
0- Current
1- One Month Delinquent
2- Two Months Delinquent
3- Three Or More Months Delinquent
4- Assumed Scheduled Payment (Performing Matured Balloon)
7- Foreclosure
9- REO
(2) Resolution Strategy Code
1- Modification
2- Foreclosure
3- Bankruptcy
4- Extension
5- Note Sale
6- DPO
7- REO
8- Resolved
9- Pending Return to Master Server
10-Deed In Lieu Of Foreclosure
11- Full Payoff
12-Reps and Warranties
13-Other or TBD
** Outstanding P & I Advances include the current period advance
Specially Serviced Loan Detail - Part 1
No Specially Serviced Loans this Period
Specially Serviced Loan Detail - Part 2
No Specially Serviced Loans this Period
Modified Loan Detail
No Modified Loans
Liquidated Loan Detail
No Liquidated Loans this Period