SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant To Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 25, 1999
MELLON RESIDENTIAL FUNDING CORPORATION
(as depositor under the Pooling and Servicing Agreement, dated
as of March 1, 1999, which forms Mellon Bank Residential Funding
Mortgage Pass-Through Certificates, Series 1999-TBC1.
MELLON RESIDENTIAL FUNDING CORPORATION
MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1999-TBC1
(Exact name of Registrant as specified in its Charter)
DELAWARE
(State or Other Jurisdiction of Incorporation)
333-24453 23-2889067
(Commission File Number) (I.R.S. Employer
Identification No.)
ONE MELLON BANK CENTER, ROOM 410
PITTSBURGH, PENNSYLVANIA 15258
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (412) 236-6559
ITEM 5. Other Events
Attached hereto are copies of the Monthly Remittance Statements
to the Certificateholders which were derived from the monthly
information submitted by the Master Servicer of the Trust to the
Trustee.
ITEM 7. Financial Statement and Exhibits
Exhibits: (as noted in Item 5 above)
Monthly Remittance Statement to the Certificateholders dated as of
October 25, 1999.
SIGNATURE
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.
Bankers Trust Company of California, N.A., a
Part of the Deutsche Bank group not in its
individual capacity, but solely as a duly
authorized agent of the Registrant
pursuant to the Pooling and Servicing
Agreement, dated as of March 1, 1999.
Date: November 4, 1999 By: /s/ Judy L. Gomez
Judy L. Gomez
Assistant Vice President
EXHIBIT INDEX
Document
Monthly Remittance Statement to the Certificateholders
dated as of October 25, 1999.
Mellon Bank 1999-TBC1
Mortgage Pass-Through Certificates
October 25, 1999 Distribution
Contents
TABLE OF CONTENTS
> Page
1. Cont
>ents 1
2. Cert
>ificate Payment Report 2
3. Coll
>ection Account Report 6
4. Coll
>ateral Report 9
5. Deli
>nquency Report 12
6. REO
>Report 13
7. Prep
>ayment Report 14
8. Prep
>ayment Detail Report 17
9. Real
>ized Loss Report 18
10. Real
>ized Loss Detail Report 21
11. Trig
>gers, Adj. Rate Cert. and Miscellaneous Report 22
Tota
>l Number of Pages
> 22
CONTACTS
Adm
>inistrator: Barbara Campbell
Dir
>ect Phone Number: (714)247-6278
Add
>ress: Bankers Trust Company of California, N.A.
> 1761 E. St. Andrew Place, Santa Ana, CA 92705
Web
> Site: http://online.bankerstrust.com/invr/
Fac
>tor Information: (800) 735-7777
Mai
>n Phone Number: (714) 247-6000
ISSUANCE INFORMATION
Seller: Boston Safe Deposit
> and Trust Company Cut-Off Date:
> March 1, 1999
Certificate Insurer:
> Closing Date:
> March 30, 1999
Servicer(s): The Boston Company
> Master Servicer First Payment Date:
> April 26, 1999
Dovemuhle Mortgage
>Investors Corp. Sub-Servicer
Underwriter(s): Greenwich Capital M
>arkets, Inc. Lead Underwriter Distribution Date:
> October 25, 1999
Mellon Financial Ma
>rkets, Inc. Underwriter Record Date:
> September 30, 1999
Donaldson, Lufkin &
> Jenrette Securities Underwriter
> Page 1 of 22
> (c) COPYRIGHT 1999 Deutsche Bank
HISTORICAL DATA
> - STATEMENT 1 GROUP TOTAL
7
issue_idperiod
> t_del_0_t_del_1_t_del_2_t_del_3_t_del_4_t_del_0 t_del_1 t_del_2 t_del_
>3t_del_4 t_for_0_t_for_1_t_for_2_t_for_3_t_for_4_t_for_0 t_for_1 t_for_2 t_for
>_3
MB99B1 199910
> 0 2799445 0 0 0 0 6 0 0
> 0 0 0 0 0 0 0 0 0 0
> 0
MB99B1 199909
> 0 2453000 0 0 0 0 5 0 0
> 0 0 0 0 0 0 0 0 0 0
> 0
MB99B1 199908
> 0 0 0 0 0 0 0 0 0
> 0 0 0 0 0 0 0 0 0 0
> 0
MB99B1 199907
> 0 634000 0 0 0 0 1 0 0
> 0 0 0 0 0 0 0 0 0 0
> 0
MB99B1 199906
> 0 1288995798402.3 0 0 0 2 1 0
> 0 0 0 0 0 0 0 0 0 0
> 0
MB99B1 199905
> 0798402.3 0 0 0 0 1 0 0
> 0 0 0 0 0 0 0 0 0 0
> 0
MB99B1 199904
> 0 0 0 0 0 0 0 0 0
> 0 0 0 0 0 0 0 0 0 0
> 0
HISTORICAL DATA
> - STATEMENT 1 GROUP 1
0
issue_idperiod
>sub_poolt_del_0_t_del_1_t_del_2_t_del_3_t_del_4_t_del_0 t_del_1 t_del_2 t_del_
>3t_del_4 t_for_0_t_for_1_t_for_2_t_for_3_t_for_4_t_for_0 t_for_1 t_for_2 t_for
>_3
HISTORICAL DATA
> - STATEMENT 1 GROUP 2
0
issue_idperiod
>sub_poolt_del_0_t_del_1_t_del_2_t_del_3_t_del_4_t_del_0 t_del_1 t_del_2 t_del_
>3t_del_4 t_for_0_t_for_1_t_for_2_t_for_3_t_for_4_t_for_0 t_for_1 t_for_2 t_for
>_3
HISTORICAL DATA
> - STATEMENT 1 GROUP 3
0
issue_idperiod
>sub_poolt_del_0_t_del_1_t_del_2_t_del_3_t_del_4_t_del_0 t_del_1 t_del_2 t_del_
>3t_del_4 t_for_0_t_for_1_t_for_2_t_for_3_t_for_4_t_for_0 t_for_1 t_for_2 t_for
>_3
HISTORICAL DATA
> - STATEMENT 1 GROUP 4
0
issue_idperiod
>sub_poolt_del_0_t_del_1_t_del_2_t_del_3_t_del_4_t_del_0 t_del_1 t_del_2 t_del_
>3t_del_4 t_for_0_t_for_1_t_for_2_t_for_3_t_for_4_t_for_0 t_for_1 t_for_2 t_for
>_3
>
> 0 0
t_for_4 t_bnk_0_t_bnk_1_t_bnk_2_t_bnk_3_t_bnk_4_t_bnk_0 t_bnk_1 t_bnk_2 t_bnk_3
>t_bnk_4 t_reo_0_t_reo_1_t_reo_2_t_reo_3_t_reo_4_t_reo_0 t_reo_1 t_reo_2 t_reo_
>3t_reo_4 t_del_tot_del_tot_for_tot_for_tot_bnk_tot_bnk_tot_reo_tot_reo_tot_beg
>_ba
0 0 0 0 0 0 0 0 0
>0 0 0 0 0 0 0 0 0 0
> 0 0 0 0 0 0 0 0 0 02.41E
>+08
0 0 0 0 0 0 0 0 0
>0 0 0 0 0 0 0 0 0 0
> 0 0 0 0 0 0 0 0 0 02.42E
>+08
0 0 0 0 0 0 0 0 0
>0 0 0 0 0 0 0 0 0 0
> 0 0 0 0 0 0 0 0 0 02.44E
>+08
0 0 0 0 0 0 0 0 0
>0 0 0 0 0 0 0 0 0 0
> 0 0 0 0 0 0 0 0 0 02.46E
>+08
0 0 0 0 0 0 0 0 0
>0 0 0 0 0 0 0 0 0 0
> 0 0798402.3 1 0 0 0 0 0 0 2.5E
>+08
0 0 0 0 0 0 0 0 0
>0 0 0 0 0 0 0 0 0 0
> 0 0 0 0 0 0 0 0 0 02.51E
>+08
0 0 0 0 0 0 0 0 0
>0 0 0 0 0 0 0 0 0 0
> 0 0 0 0 0 0 0 0 0 02.52E
>+08
t_for_4 t_bnk_0_t_bnk_1_t_bnk_2_t_bnk_3_t_bnk_4_t_bnk_0 t_bnk_1 t_bnk_2 t_bnk_3
>t_bnk_4 t_reo_0_t_reo_1_t_reo_2_t_reo_3_t_reo_4_t_reo_0 t_reo_1 t_reo_2 t_reo_
>3t_reo_4 t_del_tot_del_tot_for_tot_for_tot_bnk_tot_bnk_tot_reo_tot_reo_tot_beg
>_ba
t_for_4 t_bnk_0_t_bnk_1_t_bnk_2_t_bnk_3_t_bnk_4_t_bnk_0 t_bnk_1 t_bnk_2 t_bnk_3
>t_bnk_4 t_reo_0_t_reo_1_t_reo_2_t_reo_3_t_reo_4_t_reo_0 t_reo_1 t_reo_2 t_reo_
>3t_reo_4 t_del_tot_del_tot_for_tot_for_tot_bnk_tot_bnk_tot_reo_tot_reo_tot_beg
>_ba
t_for_4 t_bnk_0_t_bnk_1_t_bnk_2_t_bnk_3_t_bnk_4_t_bnk_0 t_bnk_1 t_bnk_2 t_bnk_3
>t_bnk_4 t_reo_0_t_reo_1_t_reo_2_t_reo_3_t_reo_4_t_reo_0 t_reo_1 t_reo_2 t_reo_
>3t_reo_4 t_del_tot_del_tot_for_tot_for_tot_bnk_tot_bnk_tot_reo_tot_reo_tot_beg
>_ba
t_for_4 t_bnk_0_t_bnk_1_t_bnk_2_t_bnk_3_t_bnk_4_t_bnk_0 t_bnk_1 t_bnk_2 t_bnk_3
>t_bnk_4 t_reo_0_t_reo_1_t_reo_2_t_reo_3_t_reo_4_t_reo_0 t_reo_1 t_reo_2 t_reo_
>3t_reo_4 t_del_tot_del_tot_for_tot_for_tot_bnk_tot_bnk_tot_reo_tot_reo_tot_beg
>_ba
5
>0 0 352.003
> 0 0 0.00323982
19255.8810239793 2214514 1828000 0 15
>4 0 346.559
> 0
t_prepayt_repur
>ct_liquid_loan warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cup_down
t_end_bat_beg_lot_end_lot_sch_prt_prepayt_curt t_repurct_liquidt_prepayt_repur
>ct_liquidt_prepayt_curr_st_del_sft_curr_wt_curr_wt_curr_wt_wamm warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cpool_reareo_bookt_del_1_2_bal_p
2.37E+08 403 398 2797.08 3026000 560454 0 0 5
>0 0-8510.6674375.38 874.83164316641552866215500247 346346.559213.438
>540.0224890.1182380.022489 0.02 0.02 0 0 0
2.41E+08 405 403 2781.54 1060000174495.1 0 0 2
>0 0-2563.65 74870.3 766.56167642061585656315828003 347347.578412.419
>380.0224890.1182270.022489 0.02 0.02 0 0 0
2.42E+08 407 405 2766.05 2088987125749.9 0 0 2
>0 0 -2615.776329.83 0166641031574814515719323 348348.592711.404
>790.0224890.1182240.022489 0.02 0.02 0 0 0
2.44E+08 410 407 2750.67 210400671833.37 0 0 3
>0 0 3890.8576812.51 198.13168085741588444715855368 349349.611510.386
>080.0224890.1182050.022489 0.02 0.02 0 0 0
2.46E+08 416 410 2735.37 1676800452527.1 1828000 0 2
>4 0 077595.85 652.31170704791613150216101955 350350.57399.4236
>22 0.022490.118172 0.02249 0.02 0.02 0 0 0.003239821
2.5E+08 417 416 2720.15 284000272867.8 0 0 1
>0 0 078173.53 249.49171086361616755916137947 351351.56988.4278
>32 0.022490.118172 0.02249 0.02 0.02 0 0 0
2.51E+08 417 417 2705.02 0556586.8 0 0 0
>0 0 078597.81 0171466641620349016173812 351352.0027 7.994
>94 0.022490.118174 0.02249 0.02 0.02 0 0 0
>
> 0 0
0 0 0 0 0 0
>0 0
> 0
t_prepayt_repur
>ct_liquid_loan warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cup_down
t_end_bat_beg_lot_end_lot_sch_prt_prepayt_curt t_repurct_liquidt_prepayt_repur
>ct_liquidt_prepayt_curr_st_del_sft_curr_wt_curr_wt_curr_wt_wamm warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cpool_reareo_bookt_del_1_2_bal_p
>
> 0 0
0 0 0 0 0 0
>0 0
> 0
t_prepayt_repur
>ct_liquid_loan warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cup_down
t_end_bat_beg_lot_end_lot_sch_prt_prepayt_curt t_repurct_liquidt_prepayt_repur
>ct_liquidt_prepayt_curr_st_del_sft_curr_wt_curr_wt_curr_wt_wamm warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cpool_reareo_bookt_del_1_2_bal_p
>
> 0 0
0 0 0 0 0 0
>0 0
> 0
t_prepayt_repur
>ct_liquid_loan warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cup_down
t_end_bat_beg_lot_end_lot_sch_prt_prepayt_curt t_repurct_liquidt_prepayt_repur
>ct_liquidt_prepayt_curr_st_del_sft_curr_wt_curr_wt_curr_wt_wamm warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cpool_reareo_bookt_del_1_2_bal_p
>
> 0 0
0 0 0 0 0 0
>0 0
> 0
t_prepayt_repur
>ct_liquid_loan warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cup_down
t_end_bat_beg_lot_end_lot_sch_prt_prepayt_curt t_repurct_liquidt_prepayt_repur
>ct_liquidt_prepayt_curr_st_del_sft_curr_wt_curr_wt_curr_wt_wamm warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cpool_reareo_bookt_del_1_2_bal_p
0 0.00323982 0 0 0 0.
>07
0 0.0
>68
BankruptREO Total Total Total
>
> Total Total Total
t_del_3_4_bal_pt_del_total_bal_p t_for_tot_bnk_tot_reo_toPeriod t_end_bawac
> 1or 2 pa3+ pay 6del_totafor_totabnk_totareo_tota1MSMM (1-1MSMM3MSMM 12MSM
>M CUMSMM 1MCPR 3MCPR 12MCPR CUMCPR MIN(30,W1MPSA 3MPSA 12MPSA
0 0 0 0 0 Oct-99237.21140.0682
>38 0.00054 0 0.00054 0 0 00.0148940.9851060.009695
> 0.0083170.1647910.110338 0.09536613.438546.1312714.441617
0 0 0 0 0 Sep-99240.80070.0692
>63 0.00054 0 0.00054 0 0 0 0.0051 0.99490.007667
> 0.0072170.0595180.088226 0.08324712.419382.396158 3.86842
0 0 0 0 0 Aug-99 242.0380.0682
>24 0.0090670.9909330.011239
> 0.007640.1035430.126837 0.08792111.404794.5394576.095085
0 0 0 0 0 Jul-99244.25550.0682
>07 0.0088290.9911710.008967
> 0.0072820.1009560.102447 0.08397310.38608 4.860165.442088
0 0.003239821 0 0 0 Jun-99 246.4340.0681
>74 0.0158050.9841950.006766
> 0.0067660.174007 0.07824 0.078249.4236229.2325134.540697
0 0 0 0 0 May-99250.39410.0681
>74 0.0022190.997781
> 0.0022160.026306 0.026278.4278321.560648
0 0 0 0 0 Apr-99250.95370.0681
>74 0.0022130.997787
> 0.0022130.026235 0.026235 7.994941.640718
0 0 0 0 0
BankruptREO
t_del_3_4_bal_pt_del_total_bal_p t_for_tot_bnk_tot_reo_toPeriod t_end_bawac
> 1or 2 pa1or 2 padel_totafor_totabnk_totareo_tota1MSMM (1-1MSMM3MSMM 12MSM
>M CUMSMM 1MCPR 3MCPR 12MCPR CUMCPR MIN(30,W1MPSA 3MPSA 12MPSA
0 0 0 0 0
BankruptREO
t_del_3_4_bal_pt_del_total_bal_p t_for_tot_bnk_tot_reo_toPeriod t_end_bawac
> 1or 2 pa3+ pay 6del_totafor_totabnk_totareo_tota1MSMM (1-1MSMM3MSMM 12MSM
>M CUMSMM 1MCPR 3MCPR 12MCPR CUMCPR MIN(30,W1MPSA 3MPSA 12MPSA
0 0 0 0 0
BankruptREO
t_del_3_4_bal_pt_del_total_bal_p t_for_tot_bnk_tot_reo_toPeriod t_end_bawac
> 1or 2 pa3+ pay 6del_totafor_totabnk_totareo_tota1MSMM (1-1MSMM3MSMM 12MSM
>M CUMSMM 1MCPR 3MCPR 12MCPR CUMCPR MIN(30,W1MPSA 3MPSA 12MPSA
0 0 0 0 0
BankruptREO
t_del_3_4_bal_pt_del_total_bal_p t_for_tot_bnk_tot_reo_toPeriod t_end_bawac
> 1or 2 pa3+ pay 6del_totafor_totabnk_totareo_tota1MSMM (1-1MSMM3MSMM 12MSM
>M CUMSMM 1MCPR 3MCPR 12MCPR CUMCPR MIN(30,W1MPSA 3MPSA 12MPSA
>
> Printing Pages Starting# Pages # Pag
>es
Total Total
>
> 1 1Contents 1 1
CUMPSA prep+cur1MMDR (1-MDR) 3MMDR 12MMDR CUMMDR 1MCDR 3MCDR 12MCDR
> CUMCDR 1MSDA 3MSDA 12MSDA CUMSDA loss_sev3M_loss_12M_lossCUM_loss_sever
>ity 2 2Certificate Payment Repo 2 4
> 0
4.541553586.454 0 1 0 0 0 0
> 0 0 0 0
> 3 3Collection Account Repor 6 3
> 0
4.1584251234.495 0 1 0 0 0 0
> 0 0 0 0
> 4 Credit Enhancement Report 0
4.6140652214.737 0 1 0 0 0 0
> 0 0 0 0
> 5 4Collateral Report 9 3
> 0
4.6352112175.839 0 1 0 0 0 0
> 0 0 0 0
> 6 5Delinquency Report 12 1
> 0
4.5406973957.327 0 1 0 0 0 0
> 0 0 0 0
> 7 6REO Report 13 1
1.599628556.8678 0 1 0 0
> 0 0 0
> 8 Foreclosure Report 0
1.640718556.5868 0 1 0 0
> 0 0 0
> 9 7Prepayment Report 14 3
> 0
>
> 10 8Prepayment Detail Report 17 1
>
> 11 9Realized Loss Report 18 3
> 0
>
> 12 10Realized Loss Detail Rep 21 1
>
> 13 11Triggers, Adj. Rate Cert 22 1
>
> 14 Other Related Information 0
>
> 15 Additional Certificate Report 0
>
> 16 Historical Certificate Payment Report
>
> 17 Credit Ratings
>
> Total Total Total Number of Pages 22
CUMPSA prep+cur1MMDR (1-MDR) 3MMDR 12MMDR CUMMDR 1MCDR 3MCDR 12MCDR
> CUMCDR 1MSDA 3MSDA 12MSDA CUMSDA loss_sev3M_loss_12M_lossCUM_loss_sever
>ity
CUMPSA prep+cur1MMDR (1-MDR) 3MMDR 12MMDR CUMMDR 1MCDR 3MCDR 12MCDR
> CUMCDR 1MSDA 3MSDA 12MSDA CUMSDA loss_sev3M_loss_12M_lossCUM_loss_sever
>ity
CUMPSA prep+cur1MMDR (1-MDR) 3MMDR 12MMDR CUMMDR 1MCDR 3MCDR 12MCDR
> CUMCDR 1MSDA 3MSDA 12MSDA CUMSDA loss_sev3M_loss_12M_lossCUM_loss_sever
>ity
CUMPSA prep+cur1MMDR (1-MDR) 3MMDR 12MMDR CUMMDR 1MCDR 3MCDR 12MCDR
> CUMCDR 1MSDA 3MSDA 12MSDA CUMSDA loss_sev3M_loss_12M_lossCUM_loss_sever
>ity
# Pages Total # # Standard Pgs per Report
1 1
0 4 2 1
0 3 3 1
0 1 0
0 3 3 1
0 1 1 1
1 1
0 0
0 3 3 1
1 1
0 3 3 1
1 1
1 1 1
0 0
0 1 0
0 0
0 0
22
