NORWEST INTEGRATED STRUCTURED ASSETS INC SERIES 1999-1 TRUST
8-K, 1999-05-10
ASSET-BACKED SECURITIES
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				  UNITED STATES
		       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):  April 26, 1999
					
		   NORWEST INTEGRATED STRUCTURED ASSETS, INC.
	       Mortgage Pass-Through Certificates, Series 1999-1 


New York (governing law of          333-17801-04   PENDING
Pooling and Servicing Agreement)    (Commission    IRS EIN 
(State or other                     File Number)
jurisdiction

							     
	c/o Norwest Bank Minnesota, N.A.                    
	11000 Broken Land Parkway                            21044
	Columbia, MD                                        (Zip Code)
	(Address of principal executive offices)


       Registrant's telephone number, including area code:  (410) 884-2000



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


ITEM 5.  Other Events

On April 26, 1999 a distribution was made to holders of NORWEST INTEGRATED 
STRUCTURED ASSETS, INC., Mortgage Pass-Through Certificates, Series 1999-1.




  ITEM 7.  Financial Statements and Exhibits
  
	(c)  Exhibits furnished in accordance with Item 601(a) of 
  Regulation S-K                 
				 
	     Exhibit Number                      Description
				 Monthly report distributed to holders of 
	     EX-99.1             Mortgage Pass-Through Certificates, Series 
				 1999-1, relating to the April 26, 
				 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.



		   NORWEST INTEGRATED STRUCTURED ASSETS, INC.
	      Mortgage Pass-Through Certificates, Series 1999-1 

	      By:   Norwest Bank Minnesota, N.A., as Master Servicer
	      By:   /s/ Sherri J. Sharps, Vice President
	      By:   Sherri J. Sharps, Vice President
	      Date: 5/6/99


				INDEX TO EXHIBITS
	       
Exhibit Number                   Description
					 
EX-99.1        Monthly report distributed to holders of Mortgage Pass-Through 
	       Certificates, Series 1999-1, relating to the April 26, 
	       1999 distribution. 
		





<TABLE>
<CAPTION>
Norwest Integrated Structured Assets, inc. 
Mortgage Pass-Through Certificates
Record Date:           3/31/99
Distribution Date:     4/26/99

NISTAR  Series: 1999-1

Contact: Customer Service
	 Norwest Bank Minnesota, N.A.
	 Securities Administration Services
	 7485 New Horizon Way
	 Frederick, MD 21703
	 Telephone: (301) 846-8130
	 Fax:       (301) 846-8152


					     Certificateholder Distribution Summary

		       Certificate      Certificate        Beginning                              
			  Class        Pass-Through      Certificate       Interest      Principal
Class          CUSIP   Description             Rate          Balance   Distribution   Distribution
<S>          <C>        <C>            <C>            <C>               <C>             <C>
   I-A-PO      NIS991PO1         PO           0.00000%         56,678.60            0.00           71.52
   I-A-1       66938DCB3         SEQ          6.50000%    130,136,000.00      704,903.33    2,535,642.18
   I-A-2       66938DCC1         SEQ          6.50000%      6,860,000.00       37,158.33            0.00
   I-A-3       66938DCD9         SEQ          6.50000%     17,023,000.00       92,207.92            0.00
   I-A-4       66938DCE7         SEQ          6.50000%      4,246,800.00       23,003.50            0.00
    I-AR       66938DCF4          R           6.50000%            100.00            0.54          100.00
  II-A-PO      NIS991PO2         PO           0.00000%         48,519.13            0.00          184.90
   II-A-1      66938DCG2         SEQ          6.50000%     48,365,647.00      261,980.59    1,064,984.33
    B-1        66938DCH0         SUB          6.50000%      5,556,000.00       30,095.00        7,223.45
    B-2        66938DCJ6         SUB          6.50000%      5,335,000.00       28,897.92        6,936.12
    B-3        66938DCK3         SUB          6.50000%      2,224,000.00       12,046.67        2,891.46
    B-4        66938DCL1         SUB          6.50000%      1,000,000.00        5,416.67        1,300.12
    B-5        66938DCM9         SUB          6.50000%        555,000.00        3,006.25          721.56
    B-6        66938DCN7         SUB          6.50000%        890,831.16        4,825.34          799.14
Totals                                                    222,297,575.89    1,203,542.06    3,620,854.78
</TABLE>
<TABLE> 
<CAPTION> 

				       Certificateholder Distribution Summary (continued)

			  Current                Ending                                       Cumulative
			 Realized           Certificate                   Total                 Realized
Class                        Loss               Balance            Distribution                   Losses
<S>           <C>                  <C>                     <C>                      <C>
I-A-PO                         0.00              56,607.08                    71.52                      0.00
I-A-1                          0.00         127,600,357.82             3,240,545.51                      0.00
I-A-2                          0.00           6,860,000.00                37,158.33                      0.00
I-A-3                          0.00          17,023,000.00                92,207.92                      0.00
I-A-4                          0.00           4,246,800.00                23,003.50                      0.00
I-AR                           0.00                   0.00                   100.54                      0.00
II-A-PO                        0.00              48,334.23                   184.90                      0.00
II-A-1                         0.00          47,300,662.67             1,326,964.92                      0.00
B-1                            0.00           5,548,776.55                37,318.45                      0.00
B-2                            0.00           5,328,063.88                35,834.04                      0.00
B-3                            0.00           2,221,108.54                14,938.13                      0.00
B-4                            0.00             998,699.88                 6,716.79                      0.00
B-5                            0.00             554,278.44                 3,727.81                      0.00
B-6                          359.05             889,672.98                 5,624.48                    359.05
Totals                       359.05         218,676,362.07             4,824,396.84                    359.05
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
Edward M. Frere, Jr.
Vice President, Norwest Bank Minnesota, N.A.
</FN>
</TABLE>
<TABLE>
<CAPTION>

						Principal Distribution Statement

			Original         Beginning        Scheduled     Unscheduled                             
			    Face       Certificate        Principal       Principal                     Realized
Class                     Amount           Balance     Distribution    Distribution     Accretion       Loss (1)
<S>             <C>               <C>                 <C>               <C>             <C>             <C>
I-A-PO                   56,678.60          56,678.60             52.82            18.70           0.00            0.00
I-A-1               130,136,000.00     130,136,000.00        115,324.19     2,420,317.99           0.00            0.00
I-A-2                 6,860,000.00       6,860,000.00              0.00             0.00           0.00            0.00
I-A-3                17,023,000.00      17,023,000.00              0.00             0.00           0.00            0.00
I-A-4                 4,246,800.00       4,246,800.00              0.00             0.00           0.00            0.00
II-A-PO                  48,519.13          48,519.13            165.64            19.26           0.00            0.00
II-A-1               48,365,647.00      48,365,647.00        153,258.14       911,726.19           0.00            0.00
B-1                   5,556,000.00       5,556,000.00          7,223.45             0.00           0.00            0.00
B-2                   5,335,000.00       5,335,000.00          6,936.12             0.00           0.00            0.00
B-3                   2,224,000.00       2,224,000.00          2,891.46             0.00           0.00            0.00
B-4                   1,000,000.00       1,000,000.00          1,300.12             0.00           0.00            0.00
B-5                     555,000.00         555,000.00            721.56             0.00           0.00            0.00
B-6                     890,831.16         890,831.16            799.14             0.00           0.00          359.05
Totals              222,297,475.89     222,297,475.89        288,672.64     3,332,082.14           0.00          359.05
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
    Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>

					  Principal Distribution Statement (continued)

				   Total               Ending              Ending            Total
			       Principal          Certificate         Certificate        Principal
Class                          Reduction              Balance          Percentage     Distribution
<S>               <C>                     <C>                    <C>                 <C>
I-A-PO                               71.52             56,607.08           0.99873815             71.52
I-A-1                         2,535,642.18        127,600,357.82           0.98051544      2,535,642.18
I-A-2                                 0.00          6,860,000.00           1.00000000              0.00
I-A-3                                 0.00         17,023,000.00           1.00000000              0.00
I-A-4                                 0.00          4,246,800.00           1.00000000              0.00
II-A-PO                             184.90             48,334.23           0.99618913            184.90
II-A-1                        1,064,984.33         47,300,662.67           0.97798056      1,064,984.33
B-1                               7,223.45          5,548,776.55           0.99869988          7,223.45
B-2                               6,936.12          5,328,063.88           0.99869988          6,936.12
B-3                               2,891.46          2,221,108.54           0.99869988          2,891.46
B-4                               1,300.12            998,699.88           0.99869988          1,300.12
B-5                                 721.56            554,278.44           0.99869989            721.56
B-6                               1,158.19            889,672.98           0.99869989            799.14
Totals                        3,621,113.83        218,676,362.07           0.98371050      3,620,754.78
</TABLE>
<TABLE>
<CAPTION>

					      Principal Distribution Factors Statement

			  Original          Beginning         Scheduled        Unscheduled                 
			      Face        Certificate         Principal          Principal                 
Class (2)                   Amount            Balance      Distribution       Distribution        Accretion
<S>          <C>                    <C>                 <C>                 <C>                <C>
I-A-PO                     56,678.60       1000.00000000         0.93192140          0.32993052        0.00000000
I-A-1                 130,136,000.00       1000.00000000         0.88618207         18.59837393        0.00000000
I-A-2                   6,860,000.00       1000.00000000         0.00000000          0.00000000        0.00000000
I-A-3                  17,023,000.00       1000.00000000         0.00000000          0.00000000        0.00000000
I-A-4                   4,246,800.00       1000.00000000         0.00000000          0.00000000        0.00000000
I-AR                          100.00       1000.00000000        45.50000000        954.50000000        0.00000000
II-A-PO                    48,519.13       1000.00000000         3.41391117          0.39695683        0.00000000
II-A-1                 48,365,647.00       1000.00000000         3.16873958         18.85069769        0.00000000
B-1                     5,556,000.00       1000.00000000         1.30011699          0.00000000        0.00000000
B-2                     5,335,000.00       1000.00000000         1.30011621          0.00000000        0.00000000
B-3                     2,224,000.00       1000.00000000         1.30011691          0.00000000        0.00000000
B-4                     1,000,000.00       1000.00000000         1.30012000          0.00000000        0.00000000
B-5                       555,000.00       1000.00000000         1.30010811          0.00000000        0.00000000
B-6                       890,831.16       1000.00000000         0.89707235          0.00000000        0.00000000
<FN>
Per $1,000 Denomination.
</FN>
</TABLE>
<TABLE>
<CAPTION>

				      Principal Distribution Factors Statement (continued)
					      Total                Ending              Ending             Total
			Realized          Principal           Certificate         Certificate         Principal
Class                   Loss (3)          Reduction               Balance          Percentage      Distribution

<S>            <C>                 <C>                 <C>                    <C>                 <C>
I-A-PO                  0.00000000          1.26185192            998.73814808          0.99873815         1.26185192
I-A-1                   0.00000000         19.48455600            980.51544400          0.98051544        19.48455600
I-A-2                   0.00000000          0.00000000          1,000.00000000          1.00000000         0.00000000
I-A-3                   0.00000000          0.00000000          1,000.00000000          1.00000000         0.00000000
I-A-4                   0.00000000          0.00000000          1,000.00000000          1.00000000         0.00000000
I-AR                    0.00000000       1000.00000000              0.00000000          0.00000000      1000.00000000
II-A-PO                 0.00000000          3.81086800            996.18913200          0.99618913         3.81086800
II-A-1                  0.00000000         22.01943727            977.98056273          0.97798056        22.01943727
B-1                     0.00000000          1.30011699            998.69988301          0.99869988         1.30011699
B-2                     0.00000000          1.30011621            998.69988379          0.99869988         1.30011621
B-3                     0.00000000          1.30011691            998.69988309          0.99869988         1.30011691
B-4                     0.00000000          1.30012000            998.69988000          0.99869988         1.30012000
B-5                     0.00000000          1.30010811            998.69989189          0.99869989         1.30010811
B-6                     0.40305056          1.30012291            998.69988832          0.99869989         0.89707235
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses
    Unless Otherwise Disclosed.
    Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>

						 Interest Distribution Statement

						      Beginning                       Payment of                
		      Original        Current      Certificate/            Current        Unpaid         Current
			  Face    Certificate          Notional            Accrued     Interest         Interest
Class                   Amount           Rate           Balance           Interest     Shortfall       Shortfall
<S>           <C>               <C>             <C>                 <C>                <C>             <C>
I-A-PO                 56,678.60        0.00000%          56,678.60                0.00           0.00             0.00
I-A-1             130,136,000.00        6.50000%     130,136,000.00          704,903.33           0.00             0.00
I-A-2               6,860,000.00        6.50000%       6,860,000.00           37,158.33           0.00             0.00
I-A-3              17,023,000.00        6.50000%      17,023,000.00           92,207.92           0.00             0.00
I-A-4               4,246,800.00        6.50000%       4,246,800.00           23,003.50           0.00             0.00
I-AR                      100.00        6.50000%             100.00                0.54           0.00             0.00
II-A-PO                48,519.13        0.00000%          48,519.13                0.00           0.00             0.00
II-A-1             48,365,647.00        6.50000%      48,365,647.00          261,980.59           0.00             0.00
B-1                 5,556,000.00        6.50000%       5,556,000.00           30,095.00           0.00             0.00
B-2                 5,335,000.00        6.50000%       5,335,000.00           28,897.92           0.00             0.00
B-3                 2,224,000.00        6.50000%       2,224,000.00           12,046.67           0.00             0.00
B-4                 1,000,000.00        6.50000%       1,000,000.00            5,416.67           0.00             0.00
B-5                   555,000.00        6.50000%         555,000.00            3,006.25           0.00             0.00
B-6                   890,831.16        6.50000%         890,831.16            4,825.34           0.00             0.00
Totals            222,297,575.89                                           1,203,542.06           0.00             0.00
</TABLE>
 <TABLE>
 <CAPTION>
 
					    Interest Distribution Statement (continued)
 
										   Remaining            Ending
		     Non-Supported                                  Total             Unpaid      Certificate/
			  Interest            Realized           Interest          Interest           Notional
 Class                   Shortfall          Losses (4)       Distribution          Shortfall           Balance
 <S>            <C>                  <C>                 <C>                 <C>                 <C>
 I-A-PO                         0.00                0.00                 0.00                0.00          56,607.08
 I-A-1                          0.00                0.00           704,903.33                0.00     127,600,357.82
 I-A-2                          0.00                0.00            37,158.33                0.00       6,860,000.00
 I-A-3                          0.00                0.00            92,207.92                0.00      17,023,000.00
 I-A-4                          0.00                0.00            23,003.50                0.00       4,246,800.00
 I-AR                           0.00                0.00                 0.54                0.00               0.00
 II-A-PO                        0.00                0.00                 0.00                0.00          48,334.23
 II-A-1                         0.00                0.00           261,980.59                0.00      47,300,662.67
 B-1                            0.00                0.00            30,095.00                0.00       5,548,776.55
 B-2                            0.00                0.00            28,897.92                0.00       5,328,063.88
 B-3                            0.00                0.00            12,046.67                0.00       2,221,108.54
 B-4                            0.00                0.00             5,416.67                0.00         998,699.88
 B-5                            0.00                0.00             3,006.25                0.00         554,278.44
 B-6                            0.00                0.00             4,825.34                0.00         889,672.98
 Totals                         0.00                0.00         1,203,542.06                0.00
 <FN>
 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed.
     Please Refer to the Prospectus Supplement for a Full Description.
 </FN>
 </TABLE>
<TABLE>
<CAPTION>

					    Interest Distribution Factors Statement

							  Beginning                        Payment of                 
			Original        Current        Certificate/          Current           Unpaid          Current
			    Face    Certificate            Notional          Accrued        Interest          Interest
Class (5)                 Amount           Rate             Balance         Interest        Shortfall        Shortfall
<S>           <C>                 <C>             <C>                  <C>               <C>               <C>
I-A-PO                   56,678.60        0.00000%        1000.00000000        0.00000000        0.00000000        0.00000000
I-A-1               130,136,000.00        6.50000%        1000.00000000        5.41666664        0.00000000        0.00000000
I-A-2                 6,860,000.00        6.50000%        1000.00000000        5.41666618        0.00000000        0.00000000
I-A-3                17,023,000.00        6.50000%        1000.00000000        5.41666686        0.00000000        0.00000000
I-A-4                 4,246,800.00        6.50000%        1000.00000000        5.41666667        0.00000000        0.00000000
I-AR                        100.00        6.50000%        1000.00000000        5.40000000        0.00000000        0.00000000
II-A-PO                  48,519.13        0.00000%        1000.00000000        0.00000000        0.00000000        0.00000000
II-A-1               48,365,647.00        6.50000%        1000.00000000        5.41666671        0.00000000        0.00000000
B-1                   5,556,000.00        6.50000%        1000.00000000        5.41666667        0.00000000        0.00000000
B-2                   5,335,000.00        6.50000%        1000.00000000        5.41666729        0.00000000        0.00000000
B-3                   2,224,000.00        6.50000%        1000.00000000        5.41666817        0.00000000        0.00000000
B-4                   1,000,000.00        6.50000%        1000.00000000        5.41667000        0.00000000        0.00000000
B-5                     555,000.00        6.50000%        1000.00000000        5.41666667        0.00000000        0.00000000
B-6                     890,831.16        6.50000%        1000.00000000        5.41667177        0.00000000        0.00000000
<FN>
(5) Per $1,000 Denomination.

</FN>
</TABLE>
<TABLE>
<CAPTION>
				       Interest Distribution Factors Statement (continued)

									    Remaining              Ending
		  Non-Supported                               Total            Unpaid        Certificate/
		       Interest         Realized           Interest          Interest            Notional
Class                 Shortfall       Losses (6)       Distribution         Shortfall             Balance
<S>           <C>               <C>               <C>                 <C>                 <C>
I-A-PO                0.00000000        0.00000000         0.00000000          0.00000000          998.73814808
I-A-1                 0.00000000        0.00000000         5.41666664          0.00000000          980.51544400
I-A-2                 0.00000000        0.00000000         5.41666618          0.00000000         1000.00000000
I-A-3                 0.00000000        0.00000000         5.41666686          0.00000000         1000.00000000
I-A-4                 0.00000000        0.00000000         5.41666667          0.00000000         1000.00000000
I-AR                  0.00000000        0.00000000         5.40000000          0.00000000            0.00000000
II-A-PO               0.00000000        0.00000000         0.00000000          0.00000000          996.18913200
II-A-1                0.00000000        0.00000000         5.41666671          0.00000000          977.98056273
B-1                   0.00000000        0.00000000         5.41666667          0.00000000          998.69988301
B-2                   0.00000000        0.00000000         5.41666729          0.00000000          998.69988379
B-3                   0.00000000        0.00000000         5.41666817          0.00000000          998.69988309
B-4                   0.00000000        0.00000000         5.41667000          0.00000000          998.69988000
B-5                   0.00000000        0.00000000         5.41666667          0.00000000          998.69989189
B-6                   0.00000000        0.00000000         5.41667177          0.00000000          998.69988832
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless
    Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>



<TABLE>
<CAPTION>

						      CERTIFICATE ACCOUNT

<S>                                                                                   <C>
Beginning Balance                                                                                        0.00
Deposits
    Payments of Interest and Principal                                                           4,865,909.81
    Liquidations, Insurance Proceeds, Reserve Funds                                                      0.00
    Proceeds from Repurchased Loans                                                                      0.00
    Other Amounts (Servicer Advances)                                                                1,340.70
    Realized Losses                                                                                      0.00
Total Deposits                                                                                   4,867,250.51

Withdrawals
    Reimbursement for Servicer Advances                                                                  0.00
    Payment of Service Fee                                                                          42,853.71
    Payment of Interest and Principal                                                            4,824,396.82
Total Withdrawals (Pool Distribution Amount)                                                     4,867,250.53

Ending Balance                                                                                           0.00

</TABLE>
<TABLE>
<CAPTION>

					    PREPAYMENT/CURTAILMENT INTEREST SHORTFALL

<S>                                                                                   <C>

Total Prepayment/Curtailment Interest Shortfall                                                      6,598.01
Servicing Fee Support                                                                                6,598.01
Non-Supported Prepayment/Curtailment Interest Shortfall                                                  0.00
</TABLE>
<TABLE>
<CAPTION>

							 SERVICING FEES

<S>                                                                                   <C>
Gross Servicing Fee                                                                                 46,303.11
Master Servicing Fee                                                                                 3,148.61
Supported Prepayment/Curtailment Interest Shortfall                                                  6,598.01
Net Servicing Fee                                                                                   42,853.71

</TABLE>

<TABLE>
<CAPTION>
						       DELINQUENCY STATUS

									    Percentage Delinquent
										  Based On
				   Current           Unpaid                                         
				    Number        Principal                 Number            Unpaid
				  Of Loans          Balance               Of Loans           Balance
<S>                        <C>                 <C>                   <C>                <C>
30 Days                                  13      1,837,614.22               0.823828%          0.840335%
60 Days                                   0              0.00               0.000000%          0.000000%
90+ Days                                  0              0.00               0.000000%          0.000000%
Foreclosure                               0              0.00               0.000000%          0.000000%
REO                                       0              0.00               0.000000%          0.000000%
Totals                                   13      1,837,614.22               0.823828%          0.840335%
</TABLE>
<TABLE>
<CAPTION>
						       OTHER INFORMATION

<S>                                                                             <C>
Current Period Realized Loss - Includes Interest Shortfall                                         359.05
Cumulative Realized Losses - Includes Interest Shortfall                                           359.05
Current Period Class A Insufficient Funds                                                            0.00
Principal Balance of Contaminated Properties                                                         0.00
Periodic Advance                                                                               355,718.78
</TABLE>

<TABLE>
<CAPTION>

				 SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE

										       Current          Next
		      Original $    Original %          Current $     Current %         Class%    Prepayment%
<S>      <C>   <C>               <C>              <C>               <C>             <C>            <C>
Class    I-A-1     92,104,897.29     41.43315415%      91,019,397.17   41.62287881%      58.379251%    821.077408%
Class    I-A-2     85,244,897.29     38.34720057%      84,159,397.17   38.48582278%       3.138562%     44.142439%
Class    I-A-3     68,221,897.29     30.68944725%      67,136,397.17   30.70125940%       7.788301%    109.538883%
Class    I-A-4     63,975,097.29     28.77903505%      62,889,597.17   28.75921136%       1.942980%     27.327130%
Class    II-A-     15,560,831.16      7.00000038%      15,540,600.27    7.10666673%      21.640827%    304.368312%
Class    B-1       10,004,831.16      4.50064789%       9,991,823.72    4.56922899%       2.538656%     35.705034%
Class    B-2        4,669,831.16      2.10071169%       4,663,759.84    2.13272244%       2.437676%     34.284801%
Class    B-3        2,445,831.16      1.10025094%       2,442,651.30    1.11701662%       1.016193%     14.292296%
Class    B-4        1,445,831.16      0.65040348%       1,443,951.42    0.66031436%       0.456922%      6.426392%
Class    B-5          890,831.16      0.40073814%         889,672.98    0.40684460%       0.253591%      3.566648%
Class    B-6                0.00      0.00000000%               0.00    0.00000000%       0.407040%      5.724830%
<FN>
Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
</FN>
</TABLE>
<TABLE>
<CAPTION>
						       CREDIT ENHANCEMENT

				    Original $        Original %         Current $        Current %
<S>                         <C>               <C>               <C>               <C>
		 Bankruptcy         100,000.00       0.04498475%        100,000.00       0.04572968%
		      Fraud       4,445,951.52       2.00000000%      4,445,951.52       2.03311939%
	     Special Hazard       2,222,975.76       1.00000000%      2,222,975.76       1.01655970%
<FN>
Limit of Subordinate's Exposure to Certain Types of Losses
</FN>
</TABLE>
<TABLE>
<CAPTION>
			      COLLATERAL STATEMENT
<S>                                                                       <C>
Collateral Description                                               Mixed Fixed

Weighted Average Gross Coupon                                         7.675065%
Weighted Average Pass-Through Rate                                    6.500000%
Weighted Average Maturity(Stepdown Calculation )                            313
Begin Scheduled Collateral Loan Count                                     1,595

Number Of Loans Paid In Full                                                 17
End Scheduled Collateral Loan Count                                       1,578
Begining Scheduled Collateral Balance                            222,297,575.89
Ending Scheduled Collateral Balance                              218,676,362.07
Ending Actual Collateral Balance at 31-Mar-1999                  217,701,137.23
Ending Scheduled Balance For Norwest                             171,331,380.74
Ending Scheduled Balance For Other Services                       47,344,981.33
Monthly P &I Constant                                              1,545,324.26
Class A Optimal Amount                                             4,719,880.18
Class AP Deferred Amount                                                   0.00
Ending Scheduled Balance for Premium Loans                       211,216,085.99
Ending scheduled Balance For discounted Loans                      7,460,276.08
Unpaid Principal Balance Of Outstanding Mortgage Loans 
With Original LTV:
    Less Than Or Equal To 80%                                    175,289,819.14
    Greater Than 80%, less than or equal to 85%                    5,771,233.11
    Greater than 85%, less than or equal to 95%                   37,653,287.08
    Greater than 95%                                                   34,327.66

</TABLE>


     <TABLE>
     <CAPTION>                                          Delinquency Status By Groups
       <S>                         <C>               <C>            <C>             <C>           <C>             <C>
 Group
				  30 Days          60 Days       90 + Days      Foreclosure       REO           Bankruptcy
  1  Principal Balance         1,000,093.02             0.00            0.00           0.00            0.00           0.00
     Percentage Of Balance           0.596%           0.000%          0.000%         0.000%          0.000%         0.000%
     Loan Count                           6                0               0              0               0              0
     Percentage Of Loans             0.539%           0.000%          0.000%         0.000%          0.000%         0.000%
 
  2  Principal Balance           837,521.20             0.00            0.00           0.00            0.00           0.00
     Percentage Of Balance           1.643%           0.000%          0.000%         0.000%          0.000%         0.000%
     Loan Count                           7                0               0              0               0              0
     Percentage Of Loans             1.509%           0.000%          0.000%         0.000%          0.000%         0.000%
 
 </TABLE>









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