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 : December 17, 1999
(Date of earliest event reported)
Commission File No.: 333-62671-01
First Union National Bank-Chase Manhattan Bank
Commercial Mortgage Trust
Commercial Mortgage Pass-Through Certificates
Series 1999-C2
(Exact name of registrant as specified in its charter)
New York (governing law of Pooling and Servicing Agreement)
(State of Incorporation)
52-2178384 52-2178389
52-7000342 52-2178388
(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 December 17, 1999 a distribution was made to holders of First Union National
Bank-Chase Manhattan Bank Commercial Mortgage Trust, Commercial Mortgage Pass-
Through Certificates Series 1999-C2
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-C2, relating to the
December 17, 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.
First Union National Bank-Chase Manhattan Bank
Commercial Mortgage Trust
Series 1999-C2
By: Norwest Bank Minnesota, N.A., as Trustee
By: /s/ Sherri Sharps, Vice President
By: Sherri Sharps, Vice President
Date: 12/28/1999
INDEX TO EXHIBITS
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of First Union National
Bank - Chase Manhattan Bank
Commercial Mortgage Trust, Series 1999-C2, relating
to the December 17, 1999 distribution
Norwest Bank Minnesota, N. A. First Union National Bank-
Corporate Trust Services Chase Manhattan Bank
3 New York Plaza, 15th Floor Commercial Mortgage Trust
New York, NY 10004 Commercial Mortgage Pass-Through Certificates
Series 1999-C2
For Additional Information, please contact
CTSLink Customer Service
301/816-6600
Reports Available on the World Wide Web
@ www.ctslink.com/cmbs
Payment Date: 12/17/99
Record Date: 11/30/99
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 - 16
Principal Prepayment Detail 17
Historical Detail 18
Delinquency Loan Detail 19
Specially Serviced Loan Detail 20 - 21
Modified Loan Detail 22
Liquidated Loan Detail 23
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
First Union Capital Markets
One First Union Center
301 South College Street
Charlotte, NC 28288
Contact: Craig M. Lieberman
Phone Number: (704) 383-7407
Underwriter
Chase Securities Inc
270 Park Avenue, 6th Floor
New York NY 10017
Contact: Steven Schwartz
Phone Number: (212) 834-5612
Master Servicer
First Union National Bank
Charlotte Plaza, Floor 23 NC-1075
201 South College Street
Charlotte, NC 28288
Contact: Timothy S. Ryan
Phone Number: (704) 593-7878
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 337366AA6 6.363000% 203,500,000.00 197,104,190.04 1,466,430.41
A-2 337366AB4 6.645000% 673,747,967.00 673,747,967.00 0.00
B 337366AD0 6.795000% 47,260,093.00 47,260,093.00 0.00
C 337366AE8 6.944000% 62,028,874.00 62,028,874.00 0.00
D 337366AF5 7.062000% 14,768,779.00 14,768,779.00 0.00
E 337366AG3 7.187969% 41,352,582.00 41,352,582.00 0.00
F 337366AH1 7.187969% 17,722,535.00 17,722,535.00 0.00
G 337366AJ7 5.950000% 41,352,582.00 41,352,582.00 0.00
H 337366AK4 5.950000% 11,815,024.00 11,815,024.00 0.00
J 337366AL2 5.950000% 11,815,023.00 11,815,023.00 0.00
K 337366AM0 5.950000% 11,815,024.00 11,815,024.00 0.00
L 337366AN8 5.950000% 11,815,023.00 11,815,023.00 0.00
M 337366AP3 5.950000% 11,815,024.00 11,815,024.00 0.00
N 337366AQ1 5.950000% 20,676,291.00 20,676,291.00 0.00
R-I N/A 0.000000% 0.00 0.00 0.00
R-II N/A 0.000000% 0.00 0.00 0.00
R-III N/A 0.000000% 0.00 0.00 0.00
Totals 1,181,484,821.00 1,175,089,011.04 1,466,430.41
</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 337366AA6 1,045,144.97 0.00 0.00 2,511,575.38
A-2 337366AB4 3,730,879.37 0.00 0.00 3,730,879.37
B 337366AD0 267,610.28 0.00 0.00 267,610.28
C 337366AE8 358,940.42 0.00 0.00 358,940.42
D 337366AF5 86,914.26 0.00 0.00 86,914.26
E 337366AG3 247,700.90 0.00 0.00 247,700.90
F 337366AH1 106,157.53 0.00 0.00 106,157.53
G 337366AJ7 205,039.89 0.00 0.00 205,039.89
H 337366AK4 58,582.83 0.00 0.00 58,582.83
J 337366AL2 58,582.82 0.00 0.00 58,582.82
K 337366AM0 58,582.83 0.00 0.00 58,582.83
L 337366AN8 58,582.82 0.00 0.00 58,582.82
M 337366AP3 58,582.83 0.00 0.00 58,582.83
N 337366AQ1 102,519.95 0.00 0.00 102,519.95
R-I N/A 0.00 0.00 0.00 0.00
R-II N/A 0.00 0.00 0.00 0.00
R-III N/A 0.00 0.00 0.00 0.00
Totals 6,443,821.70 0.00 0.00 7,910,252.11
</TABLE>
<TABLE>
<CAPTION>
Current
Subordination
Class CUSIP Ending Balance Level(1)
<S> <C> <C> <C>
A-1 337366AA6 195,637,759.63 25.92%
A-2 337366AB4 673,747,967.00 25.92%
B 337366AD0 47,260,093.00 21.90%
C 337366AE8 62,028,874.00 16.61%
D 337366AF5 14,768,779.00 15.35%
E 337366AG3 41,352,582.00 11.83%
F 337366AH1 17,722,535.00 10.32%
G 337366AJ7 41,352,582.00 6.80%
H 337366AK4 11,815,024.00 5.79%
J 337366AL2 11,815,023.00 4.78%
K 337366AM0 11,815,024.00 3.78%
L 337366AN8 11,815,023.00 2.77%
M 337366AP3 11,815,024.00 1.76%
N 337366AQ1 20,676,291.00 0.00%
R-I N/A 0.00 0.00%
R-II N/A 0.00 0.00%
R-III N/A 0.00 0.00%
Totals 1,173,622,580.63
</TABLE>
<TABLE>
<CAPTION>
Original Beginning
Pass-Through Notional Notional
Class CUSIP Rate Amount Amount
<S> <C> <C> <C> <C>
IO 337366AC2 0.707543% 1,181,484,821.00 1,175,089,011.04
</TABLE>
<TABLE>
<CAPTION>
Ending
Interest Prepayment Total Notional
Class CUSIP Distribution Penalties Distribution Amount
<S> <C> <C> <C> <C> <C>
IO 337366AC2 692,855.31 0.00 692,855.31 1,173,622,580.63
<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 337366AA6 968.57095843 7.20604624 5.13584752
A-2 337366AB4 1000.00000000 0.00000000 5.53750000
B 337366AD0 1000.00000000 0.00000000 5.66250007
C 337366AE8 1000.00000000 0.00000000 5.78666671
D 337366AF5 1000.00000000 0.00000000 5.88499970
E 337366AG3 1000.00000000 0.00000000 5.98997422
F 337366AH1 1000.00000000 0.00000000 5.98997435
G 337366AJ7 1000.00000000 0.00000000 4.95833344
H 337366AK4 1000.00000000 0.00000000 4.95833356
J 337366AL2 1000.00000000 0.00000000 4.95833313
K 337366AM0 1000.00000000 0.00000000 4.95833356
L 337366AN8 1000.00000000 0.00000000 4.95833313
M 337366AP3 1000.00000000 0.00000000 4.95833356
N 337366AQ1 1000.00000000 0.00000000 4.95833368
R-I N/A 0.00000000 0.00000000 0.00000000
R-II N/A 0.00000000 0.00000000 0.00000000
R-III N/A 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 337366AA6 0.00000000 0.00000000 961.36491219
A-2 337366AB4 0.00000000 0.00000000 1000.00000000
B 337366AD0 0.00000000 0.00000000 1000.00000000
C 337366AE8 0.00000000 0.00000000 1000.00000000
D 337366AF5 0.00000000 0.00000000 1000.00000000
E 337366AG3 0.00000000 0.00000000 1000.00000000
F 337366AH1 0.00000000 0.00000000 1000.00000000
G 337366AJ7 0.00000000 0.00000000 1000.00000000
H 337366AK4 0.00000000 0.00000000 1000.00000000
J 337366AL2 0.00000000 0.00000000 1000.00000000
K 337366AM0 0.00000000 0.00000000 1000.00000000
L 337366AN8 0.00000000 0.00000000 1000.00000000
M 337366AP3 0.00000000 0.00000000 1000.00000000
N 337366AQ1 0.00000000 0.00000000 1000.00000000
R-I N/A 0.00000000 0.00000000 0.00000000
R-II N/A 0.00000000 0.00000000 0.00000000
R-III N/A 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>
IO 337366AC2 994.58663383 0.58642760 0.00000000 993.34545799
</TABLE>
<TABLE>
<CAPTION>
Reconciliation Detail
Advance Summary
<S> <C>
P & I Advances Outstanding 9,853.90
Servicing Advances Outstanding 20,362.45
Reimbursement for Interest on Advances 0.00
paid from general collections
Reimbursement for Interest on Servicing Advances 0.00
paid from general collections
Aggregate amount of Nonrecoverable Advances 0.00
</TABLE>
<TABLE>
<CAPTION>
Servicing Fee Breakdowns
<S> <C>
Current Period Accrued Servicing Fees 70,707.94
Less Delinquent Servicing Fees 69.66
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 564.59
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 71,202.87
</TABLE>
<TABLE>
<CAPTION>
Certificate Interest Reconciliation
Class Accrued Net Aggregate Distributable Distributable
Certificate Prepayment Certificate Certificate
Interest Interest Interest Interest
Shortfall Adjustment
<S> <C> <C> <C> <C>
A-1 1,045,144.97 1,045,144.97 0.00 0.00
A-2 3,730,879.37 3,730,879.37 0.00 0.00
IO 692,855.31 692,855.31 0.00 0.00
B 267,610.28 267,610.28 0.00 0.00
C 358,940.42 358,940.42 0.00 0.00
D 86,914.26 86,914.26 0.00 0.00
E 247,700.90 247,700.90 0.00 0.00
F 106,157.53 106,157.53 0.00 0.00
G 205,039.89 205,039.89 0.00 0.00
H 58,582.83 58,582.83 0.00 0.00
J 58,582.82 58,582.82 0.00 0.00
K 58,582.83 58,582.83 0.00 0.00
L 58,582.82 58,582.82 0.00 0.00
M 58,582.83 58,582.83 0.00 0.00
N 102,519.94 102,519.94 0.00 0.00
Totals 7,136,677.00 7,136,677.00 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Additional Remaining Unpaid
Trust Fund Interest Distributable
Class Expenses Distribution Certificate Interest
<S> <C> <C> <C>
A-1 0.00 1,045,144.97 0.00
A-2 0.00 3,730,879.37 0.00
IO 0.00 692,855.31 0.00
B 0.00 267,610.28 0.00
C 0.00 358,940.42 0.00
D 0.00 86,914.26 0.00
E 0.00 247,700.90 0.00
F 0.00 106,157.53 0.00
G 0.00 205,039.89 0.00
H 0.00 58,582.83 0.00
J 0.00 58,582.82 0.00
K 0.00 58,582.83 0.00
L 0.00 58,582.82 0.00
M 0.00 58,582.83 0.00
N 0.00 102,519.95 40.79
Totals 0.00 7,136,677.01 40.79
</TABLE>
<TABLE>
<CAPTION>
Other Required Information
<S> <C>
Available Distribution Amount 8,603,107.42
Aggregate Number of Outstanding Loans 223
Aggregate Unpaid Principal Balance of Loans 1,173,623,634.21
Aggregate Stated Principal Balance of Loans 1,173,622,581.01
Aggregate Amount of Service Fee 71,202.87
Aggregate Amount of Special Servicing Fee 0.00
Aggregate Amount of Trustee Fee 2,203.29
Aggregate Trust Fund Expenses 0.00
Interest Reserve Deposit 0.00
Interest Reserve Withdrawal 0.00
Specially Serviced Loans not Delinquent
Number of Outstanding Loans 0
Aggregate Unpaid Principal Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
Original Subordination Level
<S> <C>
Class A-1 25.75%
Class A-2 25.75%
Class B 21.75%
Class C 16.50%
Class D 15.25%
Class E 11.75%
Class F 10.25%
Class G 6.75%
Class H 5.75%
Class J 4.75%
Class K 3.75%
Class L 2.75%
Class M 1.75%
Class N 0.00%
</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 337366AA6 X AAA Aaa X
A-2 337366AB4 X AAA Aaa X
IO 337366AC2 X AAA Aaa X
B 337366AD0 X AA Aa2 X
C 337366AE8 X A A2 X
D 337366AF5 X A- A3 X
E 337366AG3 X BBB Baa2 X
F 337366AH1 X BBB- Baa3 X
G 337366AJ7 X BB+ Ba1 X
H 337366AK4 X BB Ba2 X
J 337366AL2 X BB- Ba3 X
K 337366AM0 X B+ B1 X
L 337366AN8 X B B2 X
M 337366AP3 X B- B3 X
N 337366AQ1 X NR NR X
</TABLE>
<TABLE>
<CAPTION>
Current Ratings(1)
Class Cusip DCR Fitch Moody's S&P
<S> <C> <C> <C> <C> <C>
A-1 337366AA6 X AAA Aaa X
A-2 337366AB4 X AAA Aaa X
IO 337366AC2 X AAA Aaa X
B 337366AD0 X AA Aa2 X
C 337366AE8 X A A2 X
D 337366AF5 X A- A3 X
E 337366AG3 X BBB Baa2 X
F 337366AH1 X BBB- Baa3 X
G 337366AJ7 X BB+ Ba1 X
H 337366AK4 X BB Ba2 X
J 337366AL2 X BB- Ba3 X
K 337366AM0 X B+ B1 X
L 337366AN8 X B B2 X
M 337366AP3 X B- B3 X
N 337366AQ1 X NR NR X
<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 6 4,319,902.99 0.37 130 7.4737 1.401629
1,000,001 to 2,000,000 59 85,744,709.14 7.31 145 7.5749 1.341043
2,000,001 to 3,000,000 46 115,585,216.64 9.85 149 7.4478 1.367502
3,000,001 to 4,000,000 18 61,926,559.95 5.28 138 7.5148 1.570189
4,000,001 to 5,000,000 21 91,641,577.80 7.81 132 7.4158 1.450776
5,000,001 to 6,000,000 19 102,111,053.53 8.70 123 7.3394 1.375185
6,000,001 to 7,000,000 10 64,391,208.61 5.49 109 7.3308 1.318651
7,000,001 to 8,000,000 5 38,290,536.12 3.26 134 7.1863 1.336520
8,000,001 to 9,000,000 4 34,794,011.54 2.96 108 7.2799 1.301954
9,000,001 to 10,000,000 5 46,637,985.89 3.97 132 7.0857 1.277496
10,000,001 to 15,000,000 15 177,772,164.53 15.15 107 7.4521 1.337721
15,000,001 to 20,000,000 8 139,691,697.34 11.90 109 7.2482 1.345757
20,000,001 to 25,000,000 3 68,640,675.66 5.85 108 7.5193 1.283894
25,000,001 and greater 4 142,075,281.27 12.11 108 7.1532 1.388814
Total 223 1,173,622,581.01 100.00 121 7.3599 1.362680
</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 5 33,899,046.04 2.89 116 7.3387 1.388419
Arizona 5 24,110,116.60 2.05 111 7.5151 1.356626
Arkansas 1 3,858,878.49 0.33 198 7.2350 NAP
California 40 151,387,248.51 12.90 112 7.6743 1.292315
Connecticut 6 52,994,174.16 4.52 114 7.6665 1.330497
Delaware 1 22,300,024.67 1.90 107 6.7500 1.550000
Florida 21 80,582,716.30 6.87 121 7.2948 1.345147
Georgia 17 114,501,995.46 9.76 111 7.4679 1.265646
Hawaii 1 6,257,772.68 0.53 111 6.9100 1.210000
Illinois 10 27,239,008.09 2.32 114 7.0432 1.441397
Indiana 3 16,457,615.31 1.40 110 7.3588 1.285231
Iowa 1 4,051,695.69 0.35 248 8.1100 NAP
Kansas 4 20,322,900.75 1.73 108 6.7815 1.443946
Kentucky 4 5,237,835.55 0.45 170 7.4000 1.361238
Louisiana 2 5,919,763.47 0.50 167 7.8612 1.393921
Maryland 2 9,494,692.44 0.81 134 7.2543 1.210000
Massachusetts 6 23,718,816.16 2.02 131 7.6379 1.297158
Michigan 3 18,231,440.90 1.55 155 7.3921 1.250000
Minnesota 2 14,221,573.37 1.21 107 6.7715 1.419107
Mississippi 1 1,159,337.12 0.10 141 7.4100 1.310000
Missouri 5 27,760,849.72 2.37 114 6.9008 1.522974
Nebraska 8 11,128,965.65 0.95 111 7.6541 1.287331
Nevada 5 34,629,800.73 2.95 119 7.6144 1.232728
New Hampshire 1 2,507,554.46 0.21 246 6.9420 NAP
New Jersey 7 55,130,519.21 4.70 107 6.7459 1.412224
New York 16 67,776,552.83 5.77 114 7.7221 1.503231
North Carolina 21 73,552,819.70 6.27 149 7.3445 1.316476
Ohio 5 11,481,075.96 0.98 144 7.7532 1.247533
Oregon 1 2,621,836.55 0.22 110 7.7500 1.300000
Pennsylvania 9 64,008,837.73 5.45 118 7.2162 1.344699
Rhode Island 1 1,060,427.24 0.09 111 8.5000 1.320000
South Carolina 4 19,560,380.16 1.67 142 8.0958 1.460000
Tennessee 4 10,570,256.25 0.90 161 7.3224 1.342297
Texas 14 85,060,215.26 7.25 116 6.8547 1.409380
Utah 1 3,281,666.25 0.28 113 7.8500 1.300000
Virginia 19 38,366,916.67 3.27 172 7.3242 1.586777
Washington 1 18,613,886.40 1.59 103 7.2130 1.560000
Wisconsin 3 10,563,368.48 0.90 111 7.8589 1.307198
Total 260 1,173,622,581.01 100.00 121 7.3599 1.362680
</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>
6.749% or Less 18 143,033,792.83 12.19 110 6.5529 1.448478
6.750% to 6.999% 21 132,344,460.05 11.28 137 6.8229 1.459958
7.000% to 7.249% 32 177,744,101.31 15.14 124 7.1133 1.444947
7.250% to 7.499% 58 202,210,932.77 17.23 136 7.3680 1.343960
7.500% to 7.749% 36 305,658,928.33 26.04 111 7.6199 1.283741
7.750% to 7.999% 30 110,287,935.21 9.40 115 7.8167 1.306184
8.000% to 8.249% 13 37,454,340.58 3.19 125 8.0703 1.279743
8.250% to 8.499% 7 38,437,723.59 3.28 108 8.2700 1.254665
8.500% to 8.999% 5 19,700,085.08 1.68 122 8.5706 1.509786
9.000% and greater 3 6,750,281.26 0.58 163 9.3436 1.880970
Totals 223 1,173,622,581.01 100.00 121 7.3599 1.362680
</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 118 718,611,196.92 61.23 112 7.4866 1.312315
13 to 24 months 104 430,621,331.97 36.69 139 7.0980 1.468816
25 to 36 months 1 24,390,052.12 2.08 106 8.2500 1.230000
37 to 48 months 0 0.00 0.00 0 0.0000 0.000000
49 months and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 223 1,173,622,581.01 100.00 121 7.3599 1.362680
</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>
Credit Lease 27 77,193,531.54 6.58 219 7.1994 NAP
1.19 or less 4 14,851,957.85 1.27 225 7.0628 1.182705
1.20 to 1.24 26 249,347,608.92 21.25 112 7.5348 1.213243
1.25 to 1.29 41 185,429,427.38 15.80 114 7.5887 1.262931
1.30 to 1.34 56 192,896,423.77 16.44 112 7.6429 1.312842
1.35 to 1.39 12 71,452,541.24 6.09 107 7.2900 1.372079
1.40 to 1.44 24 175,896,855.78 14.99 110 6.9642 1.419676
1.45 to 1.49 6 41,059,428.38 3.50 113 7.2785 1.472712
1.50 to 1.54 8 35,229,549.35 3.00 117 6.8905 1.515631
1.55 to 1.59 4 73,242,573.59 6.24 106 6.8972 1.554084
1.60 to 1.69 6 24,284,750.32 2.07 112 6.9761 1.620739
1.7 and greater 9 32,737,932.89 2.79 154 7.7829 2.192173
Totals 223 1,173,622,581.01 100.00 121 7.3599 1.362680
</TABLE>
<TABLE>
<CAPTION>
Property Type
Property # of Scheduled % of Weighted
Type Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Health Care 9 24,431,275.33 2.08 119 7.7412 1.651734
Industrial/Warehouse 13 37,036,160.73 3.16 111 7.6830 1.332402
Lodging 27 185,593,297.83 15.81 129 7.2282 1.517063
Mixed Use 9 43,069,773.41 3.67 111 7.6559 1.375926
Mobile Home Park 3 9,396,792.31 0.80 109 7.5672 1.328098
Multi-Family 85 363,900,924.30 31.01 117 7.4529 1.251122
Office 23 149,375,595.90 12.73 107 7.5724 1.330377
Other 1 1,383,172.23 0.12 281 7.7500 NAP
Retail 89 357,467,329.51 30.46 130 7.1425 1.407524
Self Storage 1 1,968,259.47 0.17 111 7.3750 1.480000
Totals 260 1,173,622,581.01 100.00 121 7.3599 1.362680
</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>
108 months or less 64 468,078,851.53 39.88 104 7.1236 1.449352
109 to 120 months 91 537,419,982.60 45.79 111 7.5789 1.277779
121 to 156 months 26 32,999,101.52 2.81 141 7.4100 1.310000
157 to 216 months 10 39,171,274.40 3.34 181 7.2027 1.356437
217 to 240 months 1 5,386,242.21 0.46 226 6.7500 NAP
241 to 252 months 5 14,686,246.11 1.25 247 7.2642 NAP
253 to 300 months 0 0.00 0.00 0 0.0000 0.000000
301 and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 197 1,097,741,698.37 93.53 114 7.3580 1.356140
</TABLE>
<TABLE>
<CAPTION>
Remaining Stated Term (Fully Amortizing Loans)
Remaining # of Scheduled % of Weighted
Stated Term Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
108 months or less 0 0.00 0.00 0 0.0000 0.000000
109 to 120 months 0 0.00 0.00 0 0.0000 0.000000
121 to 156 months 1 1,052,717.23 0.09 156 9.1250 NAP
157 to 216 months 3 9,600,409.30 0.82 166 8.3640 1.682037
217 to 240 months 12 39,684,320.58 3.38 226 7.0642 1.190000
241 to 252 months 6 17,862,866.36 1.52 243 7.3750 1.706944
253 to 300 months 2 4,633,786.46 0.39 285 7.3992 1.430000
301 and greater 2 3,046,782.71 0.26 343 7.9749 1.212346
Totals 26 75,880,882.64 6.47 230 7.3874 1.526205
</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>
180 months or less 0 0.00 0.00 0 0.0000 0.000000
181 to 228 months 7 19,759,369.43 1.68 127 7.3714 1.498099
229 to 240 months 3 6,802,786.29 0.58 112 7.8028 1.360745
241 to 264 months 6 20,800,076.35 1.77 198 7.2350 NAP
265 to 288 months 44 213,496,846.95 18.19 117 7.2052 1.460621
289 to 300 months 19 56,584,846.52 4.82 125 7.7524 1.348156
301 to 348 months 59 405,657,659.45 34.56 108 7.1368 1.383620
349 and greater 59 374,640,113.38 31.92 112 7.6230 1.264334
Totals 197 1,097,741,698.37 93.53 114 7.3580 1.356140
</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 193 1,089,038,328.94 92.79 114 7.3653 1.361009
1 year or less 30 84,584,252.07 7.21 210 7.2904 1.608949
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 223 1,173,622,581.01 100.00 121 7.3599 1.362680
<FN>
(1) The Trustee makes no representations as to the accuracy of the data provided
by the borrower for this calculation. "NAP" means not applicable and relates to the
ommision of credit lease loans in the calculation of DSCR.
(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 each property as disclosed in the offering document.
</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> <C> <C> <C>
480000001 1 LO Various Various 281,538.10 72,926.88 6.750%
265300078 2 MU Various CA 236,784.62 28,251.19 7.610%
265999996 3 MF Newnan GA 177,330.14 0.00 7.050%
480000004 4 LO Hoover AL 154,599.85 32,919.87 7.400%
480000005 5 OF Beverly Hills CA 167,794.38 16,402.51 8.250%
480000006 6 MF Smyrna GA 142,874.76 16,907.86 7.650%
480000007 7 RT Amarillo TX 119,775.13 20,930.84 6.570%
480000008 8 OF Stamford CT 127,769.74 15,098.30 7.720%
480000009 9 RT South Plainfield NJ 104,361.10 18,119.95 6.570%
480000010 10 RT Lewisville TX 103,072.69 17,896.24 6.570%
480000011 11 LO Seattle WA 112,042.17 26,152.35 7.213%
265300024 12 RT Phoenix AZ 105,716.98 13,169.49 7.500%
265300057 13 MF Bellflower CA 98,310.67 12,165.22 7.500%
265300050 14 MF Henderson NV 95,858.21 12,386.23 7.370%
265300048 15 MF New York NY 97,390.09 11,336.34 7.700%
265300038 16 MF Philadelphia PA 93,116.73 10,874.76 7.690%
480000017 17 RT Allentown PA 83,010.28 12,972.17 6.950%
480000018 18 OF Marlboro NJ 75,557.38 13,437.81 6.500%
480000019 19 MF Raleigh NC 82,968.75 0.00 7.375%
265999976 20 LO Charleston SC 91,177.61 13,501.91 8.500%
480000021 21 RT Novi MI 79,041.21 9,394.65 7.600%
255999863 22 OF Maryland Heights MO 68,600.00 0.00 6.860%
480000023 23 RT Philadelphia PA 66,190.58 9,644.94 7.275%
480000024 24 MF Roswell GA 68,074.87 8,056.01 7.650%
480000025 25 MF Clarkston GA 67,113.12 8,069.52 7.550%
265300045 26 MF Various CA 67,488.10 8,012.26 7.625%
480000027 27 RT Derby CT 69,130.99 7,726.37 7.875%
255999598 28 MF Matawan NJ 62,952.54 8,672.91 7.240%
480000029 29 MF Largo FL 64,966.14 7,688.12 7.650%
480000030 30 OF New York NY 65,382.18 7,518.00 7.700%
355132452 31 MF Charlotte NC 55,003.66 21,330.29 6.800%
480000032 32 RT Miami FL 56,306.83 8,553.57 7.050%
480000033 33 MF Atlanta GA 57,156.25 0.00 7.375%
480000034 34 RT Minnetonka MN 49,637.64 8,618.45 6.570%
480000035 35 MF Clearwater FL 57,543.25 6,809.70 7.650%
265300042 36 MF Las Vegas NV 57,853.12 6,623.98 7.750%
255999747 37 OF Various PA 51,978.00 9,925.34 7.000%
265300018 38 MF Indianapolis IN 54,451.38 7,219.53 7.340%
480000039 39 LO Kissimmee FL 47,005.03 10,774.17 7.000%
825999751 40 RT Norwalk CT 50,716.20 7,818.85 7.750%
480000041 41 RT Oxnard CA 42,585.30 7,393.97 6.570%
480000042 42 RT Wichita KS 42,585.30 7,393.97 6.570%
480000043 43 MF Pikesville MD 47,261.46 0.00 7.375%
265300052 44 RT Auburn MA 46,324.51 5,365.10 7.700%
265300025 45 RT Cerritos CA 44,821.39 5,055.94 7.780%
265300007 46 MF Champaign - Urbana IL 41,292.46 8,089.28 7.470%
480000047 47 MF Fayetteville NC 41,710.49 5,015.17 7.550%
480000048 48 OF New York NY 39,167.83 5,802.88 7.125%
265300060 49 OF New York NY 41,266.83 4,763.60 7.710%
255999680 50 RT Lafayette IN 38,784.68 8,174.34 7.375%
265300016 51 MF Ewa HI 36,065.83 5,468.13 6.910%
480000052 52 RT Manchester MO 34,176.73 5,934.02 6.570%
255999829 53 RT Norwalk CT 36,984.16 5,386.00 7.125%
825999708 54 LO Raleigh NC 36,481.50 100,229.00 7.235%
265999995 55 RT Mission Viejo CA 39,451.77 4,785.34 7.625%
255999783 56 LO Tampa FL 35,311.02 7,964.21 7.100%
255999600 57 LO Gastonia NC 36,145.23 7,188.95 7.625%
480000058 58 RT Dallas TX 31,193.05 5,415.97 6.570%
480000059 59 MF Smyrna GA 36,289.68 4,294.54 7.650%
265300073 60 MF Euless TX 32,868.40 4,464.95 7.200%
480000061 61 MF Charlotte NC 34,434.68 4,140.34 7.550%
825999870 62 RT Chesapeake VA 30,345.73 8,555.04 6.750%
255999781 63 LO Sarasota FL 31,662.37 7,141.28 7.100%
255999950 64 MF Wallkill NY 33,520.80 4,236.78 7.500%
265999999 65 HC New Rochelle NY 41,419.77 14,976.45 9.375%
255999936 66 MH Monticello MN 30,701.51 6,824.09 7.125%
265300066 67 MF Grand Island NE 32,398.93 3,995.84 7.510%
265300010 68 OF Boston MA 34,133.06 5,760.55 7.930%
480000069 69 RT Wichita KS 28,073.75 4,874.37 6.570%
255999917 70 MF Tallahassee FL 29,289.50 4,345.26 6.875%
480000071 71 IN Exton PA 30,493.91 6,369.24 7.250%
480000072 72 RT Wichita KS 27,666.88 4,803.73 6.570%
480000073 73 MF Cincinnati OH 33,381.78 3,599.96 8.000%
245114243 74 LO Alexandria VA 30,560.71 8,747.16 7.375%
255999833 75 MF Roselle Park NJ 25,236.69 5,143.84 6.125%
255999780 76 LO Knoxville TN 29,026.26 6,546.72 7.100%
265999981 77 MU Monroe CT 30,191.07 3,997.35 7.375%
255999948 78 HC Macon GA 25,562.42 6,847.52 6.500%
480000079 79 MF Lutz FL 28,168.91 3,333.52 7.650%
255999726 80 HC Various GA 27,790.44 8,805.98 7.625%
480000081 81 OF Wellesley MA 28,503.29 3,171.01 7.800%
265300033 82 IN Green Bay WI 28,581.24 3,140.55 7.875%
480000083 83 IN Exton PA 26,009.51 5,432.59 7.250%
480000084 84 RT Joplin MO 23,598.22 4,097.30 6.570%
265999978 85 RT Orange CA 26,875.00 0.00 7.500%
480000086 86 OF Atlanta GA 27,956.24 3,114.69 7.900%
825999709 87 LO Hilton Head SC 24,763.20 68,034.22 7.235%
265300029 88 OF Fenton MO 26,610.56 4,756.51 7.730%
245114242 89 LO Alexandria VA 25,035.11 7,165.60 7.375%
265300040 90 RT Las Vegas NV 28,089.66 4,355.06 8.250%
480000091 91 OF Pasadena CA 26,893.99 2,962.02 7.920%
825999748 92 RT Davenport IA 27,415.71 4,882.29 8.110%
255999954 93 RT San Diego CA 24,556.51 3,412.72 7.250%
480000094 94 MF Marietta GA 25,884.95 3,063.23 7.650%
825999697 95 LO Little Rock AR 23,657.70 64,996.98 7.235%
265300000 96 OF Bronx NY 25,404.19 2,894.09 7.750%
265300034 97 IN Green Bay WI 24,671.15 6,919.19 7.830%
265300044 98 RT Flower Mound TX 24,149.29 2,742.09 7.760%
480000099 99 IN North Haven CT 24,045.58 2,690.06 7.910%
480000100 100 IN Vernon CA 24,316.78 2,516.53 8.020%
245114332 101 LO Asheville NC 23,175.66 7,130.38 7.810%
265300058 102 RT San Francisco CA 24,177.93 2,463.81 8.090%
480000103 103 RT Baton Rouge LA 23,855.08 2,316.32 8.200%
255999931 104 RT Scarsdale & New NY 20,215.78 3,069.81 7.000%
480000105 105 RT Philadelphia PA 19,217.93 3,158.70 6.750%
480000106 106 OF Draper UT 21,482.95 2,350.93 7.850%
255999965 107 MF Boone NC 19,664.43 4,188.20 7.250%
255999563 108 HC Statesville NC 18,894.16 2,833.26 7.125%
825999678 109 LO Sparks NV 18,517.12 50,873.80 7.235%
480000110 110 OF Southborough MA 18,081.89 11,093.02 7.125%
825999696 111 LO Mobile AL 18,019.65 49,507.04 7.235%
255999804 112 HC Burlington NC 17,877.12 2,747.26 7.000%
825999591 113 RT Commerce Township MI 17,491.43 3,814.46 6.942%
265300069 114 MU Savannah GA 21,751.07 2,913.24 8.750%
480000115 115 OF Las Vegas NV 19,889.24 2,123.70 8.000%
480000116 116 OF Carpinteria CA 18,875.94 2,186.58 7.750%
265999979 117 MF Denton TX 19,458.54 2,114.14 8.000%
255999650 118 RT Ft. Meyers FL 16,206.09 5,967.46 7.000%
825999914 119 RT Colleyville TX 15,466.04 6,043.96 6.700%
265300074 120 MF Fort Worth TX 17,351.85 2,168.67 7.470%
480000121 121 MF Charlotte NC 17,436.87 2,096.56 7.550%
825999588 122 RT Holland MI 15,875.99 3,462.16 6.942%
245114238 123 LO Fredericksburg VA 16,463.56 4,712.24 7.375%
265300081 124 MF Los Angeles CA 17,355.34 2,555.28 7.750%
825999906 125 RT Pembroke Pines FL 14,840.03 5,813.62 6.750%
25-5999947 126 LO Richmond VA 15,110.26 5,620.71 6.875%
825999874 127 RT York PA 15,283.37 5,963.77 7.020%
265999982 128 RT Medford OR 16,952.48 3,063.73 7.750%
255999933 129 MF Orange NJ 16,810.17 1,967.00 7.750%
255999782 130 LO Mobile AL 15,275.45 3,445.30 7.100%
265300008 131 MF St. Augustine FL 15,713.59 2,111.25 7.300%
825114249 132 RT Franklin TN 15,040.70 5,223.65 7.125%
265300041 133 MU Lawrenceville GA 17,000.28 1,784.09 8.000%
825114317 134 RT Yarmouth MA 15,608.13 2,830.36 7.375%
825999895 135 RT Dallas TX 14,163.26 5,505.41 6.750%
265300013 136 MF San Francisco CA 15,779.74 3,064.54 7.500%
825999574 137 RT Claremont NH 14,523.26 2,948.93 6.942%
265300064 138 MF North Platte NE 15,719.71 1,938.75 7.510%
265300062 139 MH Ranch Mirage CA 16,207.23 1,846.36 7.750%
265300028 140 MF Grand Prairie TX 15,407.33 1,997.68 7.375%
265300055 141 IN Phoenix AZ 15,839.93 1,880.72 7.640%
245114237 142 LO Shreveport LA 14,967.42 4,284.00 7.375%
265300032 143 IN Green Bay WI 16,005.49 1,758.71 7.875%
265300017 144 MF Phoenix AZ 14,979.14 1,963.12 7.375%
825999929 145 RT Oviedo FL 13,321.18 4,794.49 6.688%
265300035 146 MF Topeka KS 16,634.08 2,489.62 8.375%
825999592 147 RT Ironton OH 13,705.44 2,782.87 6.942%
480000148 148 RT Locust Valley Long NY 15,091.81 1,650.04 7.875%
265999990 149 MF Arlington VA 14,591.05 1,707.33 7.750%
245114239 150 LO Charlotte NC 13,769.31 3,941.08 7.375%
255999890 151 MU Livingston NJ 13,012.41 2,947.58 7.040%
265999998 152 MF Los Angeles CA 13,426.26 1,768.59 7.375%
265300019 153 RT Commack NY 14,459.66 2,399.45 8.050%
265300047 154 RT Copperas Cove TX 14,205.58 1,510.45 7.960%
255999651 155 RT Montgomery AL 12,182.90 4,486.03 7.000%
480000156 156 OF Pasadena CA 14,273.35 1,414.76 8.190%
255999966 157 RT East Northport NY 11,928.52 1,866.99 6.875%
265300022 158 MF Nashville TN 12,534.28 1,683.21 7.270%
265300014 159 HC Woodstock VA 13,657.63 1,692.59 8.250%
265300020 160 SS Charlottesville VA 12,120.19 3,839.15 7.375%
245114188 161 MF Long Branch NJ 12,279.97 1,663.26 7.470%
255999988 162 MF Radford VA 11,171.81 1,760.23 6.875%
265300051 163 MF Chesapeake VA 13,307.26 1,991.70 8.375%
265999993 164 IN North Miami FL 12,244.09 2,205.35 7.750%
265999991 165 IN Margate FL 12,103.65 1,400.72 7.750%
265999975 166 MF Omaha NE 12,951.56 1,246.59 8.375%
265300026 167 HC Charlottesville VA 12,667.18 1,231.25 8.250%
815114264 168 RT Tallahassee FL 10,993.25 3,392.52 7.250%
825999776 169 RT Lansdowne MD 10,158.25 3,897.92 6.740%
480000170 170 RT Winter Park FL 9,845.86 1,685.69 6.630%
255999603 171 LO Asheville NC 11,882.24 3,342.15 8.150%
265300049 172 MH Hamilton OH 12,412.07 1,721.35 8.625%
255999951 173 MF New Windsor NY 10,414.78 1,395.77 7.375%
255999856 174 RT Wilson NC 10,388.45 2,140.92 7.410%
825999949 175 RT Tarboro NC 9,929.51 3,067.78 7.125%
265999977 176 RT New York NY 11,294.57 1,860.36 8.120%
265300065 177 MF Norfolk NE 9,968.90 1,229.49 7.510%
265300039 178 MF Sarasota FL 10,703.27 1,730.70 8.080%
255999846 179 RT Santa Rosa CA 9,557.37 1,969.65 7.410%
825999797 180 RT Rocky Mount VA 8,791.36 2,231.22 7.000%
265300063 181 MF Marietta GA 10,030.29 1,070.00 7.950%
245114240 182 LO Mount Sterling KY 9,179.54 2,627.39 7.375%
255999850 183 RT Riverside CA 9,245.72 1,905.42 7.410%
265999983 184 MF Bronx NY 9,620.47 1,125.71 7.750%
255999848 185 RT Richmond VA 9,141.83 1,884.01 7.410%
255999987 186 MF Radford VA 8,124.95 1,280.17 6.875%
255999859 187 RT Garner NC 8,726.30 1,798.37 7.410%
255999727 188 MF Lowell MA 8,500.20 1,116.83 7.320%
265300056 189 IN Phoenix AZ 8,870.36 1,053.20 7.640%
825999800 190 OT Rock Hill SC 8,939.19 960.81 7.750%
255999852 191 RT Fresno CA 8,206.87 1,691.33 7.410%
265999994 192 IN Margate FL 8,480.62 1,527.49 7.750%
825114352 193 RT Greenville SC 7,620.02 3,995.21 7.125%
255999843 194 RT Forsyth IL 7,895.22 1,627.10 7.410%
255999838 195 RT Owensboro KY 7,895.22 1,627.10 7.410%
255999839 196 RT Peru IL 7,895.22 1,627.10 7.410%
255999860 197 RT Dothan AL 7,791.33 1,605.70 7.410%
255999847 198 RT Evansville IN 7,791.33 1,605.70 7.410%
255999842 199 RT Hopkinsville KY 7,687.45 1,584.28 7.410%
255999844 200 RT Tallahassee FL 7,687.45 1,584.28 7.410%
255999849 201 RT Visalia CA 7,687.45 1,584.28 7.410%
255999841 202 RT Pikeville KY 7,583.57 1,562.87 7.410%
255999837 203 RT Albany GA 7,479.68 1,541.46 7.410%
255999855 204 RT Heath OH 7,479.68 1,541.46 7.410%
255999845 205 RT Marion IL 7,479.68 1,541.46 7.410%
255999836 206 RT Temple TX 7,375.80 1,520.05 7.410%
255999858 207 RT Zanesville OH 7,271.91 1,498.65 7.410%
255999851 208 RT Fresno CA 7,168.03 1,477.23 7.410%
255999857 209 RT Jackson MS 7,168.03 1,477.23 7.410%
255999840 210 RT Modesto CA 7,064.14 1,455.83 7.410%
255999853 211 RT Champaign IL 6,856.38 1,413.00 7.410%
255999854 212 RT Sanford NC 6,752.49 1,391.60 7.410%
255999830 213 RT Moberly MO 6,752.49 1,391.60 7.410%
895096319 214 MF Knoxville TN 7,983.34 644.94 8.900%
265300027 215 RT Pawtucket RI 7,524.14 1,804.96 8.500%
805114051 216 RT Ormond Beach FL 8,022.71 2,323.82 9.125%
255999970 217 MF Radford VA 6,093.72 960.12 6.875%
825999672 218 LO Lumberton NC 6,080.25 16,704.83 7.235%
265300054 219 IN Phoenix AZ 5,702.38 677.05 7.640%
255999986 220 MF Radford VA 4,392.54 692.09 6.875%
265300031 221 MF Corpus Christi TX 4,664.03 580.08 7.500%
255999969 222 MF Radford VA 2,928.36 461.39 6.875%
265300012 223 RT Douglasville GA 3,255.11 361.99 9.500%
Totals 7,209,588.31 1,466,430.41
</TABLE>
<TABLE>
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>
480000001 11/10/2008 11/10/2023 N 50,051,217.44 49,978,290.56 12/01/1999
265300078 N/A 04/01/2009 N 37,337,916.30 37,309,665.11 12/01/1999
265999996 N/A 01/01/2009 N 29,750,000.00 29,750,000.00 12/01/1999
480000004 N/A 06/10/2008 N 25,070,245.47 25,037,325.60 12/01/1999
480000005 N/A 10/01/2008 N 24,406,454.63 24,390,052.12 12/01/1999
480000006 N/A 03/10/2009 N 22,411,726.82 22,394,818.96 12/01/1999
480000007 11/10/2008 11/10/2028 N 21,876,735.42 21,855,804.58 12/01/1999
480000008 N/A 12/10/2008 N 19,860,580.78 19,845,482.48 12/01/1999
480000009 12/10/2008 12/10/2028 N 19,061,387.90 19,043,267.95 12/01/1999
480000010 12/10/2008 12/10/2028 N 18,826,062.24 18,808,166.00 12/01/1999
480000011 07/10/2008 11/10/2023 N 18,640,038.75 18,613,886.40 12/01/1999
265300024 N/A 03/01/2009 N 16,914,717.52 16,901,548.03 12/01/1999
265300057 N/A 04/01/2009 N 15,729,707.10 15,717,541.88 12/01/1999
265300050 N/A 04/01/2009 N 15,607,850.13 15,595,463.90 12/01/1999
265300048 N/A 03/01/2009 N 15,177,677.04 15,166,340.70 12/01/1999
265300038 N/A 03/01/2009 N 14,530,569.38 14,519,694.62 12/01/1999
480000017 08/10/2008 08/10/2028 N 14,332,710.45 14,319,738.28 12/01/1999
480000018 N/A 12/10/2005 N 13,949,055.22 13,935,617.41 12/01/1999
480000019 N/A 04/10/2009 N 13,500,000.00 13,500,000.00 12/01/1999
265999976 N/A 12/01/2008 N 12,872,132.80 12,858,630.89 12/01/1999
480000021 N/A 05/10/2009 N 12,480,191.43 12,470,796.78 12/01/1999
255999863 N/A 09/01/2009 N 12,000,000.00 12,000,000.00 12/01/1999
480000023 N/A 03/10/2013 N 10,918,033.08 10,908,388.14 12/01/1999
480000024 N/A 03/10/2009 N 10,678,411.62 10,670,355.61 12/01/1999
480000025 N/A 06/10/2009 N 10,666,985.97 10,658,916.45 12/01/1999
265300045 N/A 04/01/2009 N 10,621,077.28 10,613,065.02 12/01/1999
480000027 N/A 01/10/2004 N 10,534,246.31 10,526,519.94 12/01/1999
255999598 01/01/2009 01/21/2029 N 10,434,122.56 10,425,449.65 12/01/1999
480000029 N/A 03/10/2009 N 10,190,767.47 10,183,079.35 12/01/1999
480000030 N/A 05/10/2009 N 10,189,430.39 10,181,912.39 12/01/1999
355132452 N/A 08/01/2018 N 9,706,528.89 9,685,198.60 12/01/1999
480000032 N/A 07/10/2008 N 9,584,141.17 9,575,587.60 12/01/1999
480000033 N/A 04/10/2009 N 9,300,000.00 9,300,000.00 12/01/1999
480000034 12/10/2008 12/10/2028 N 9,066,235.23 9,057,616.78 12/01/1999
480000035 N/A 03/10/2009 N 9,026,392.61 9,019,582.91 12/01/1999
265300042 N/A 03/01/2009 N 8,957,901.68 8,951,277.70 12/01/1999
255999747 N/A 07/01/2008 N 8,910,514.19 8,900,588.85 12/01/1999
265300018 N/A 02/01/2009 N 8,902,133.28 8,894,913.75 12/01/1999
480000039 N/A 11/10/2008 N 8,058,005.41 8,047,231.24 12/01/1999
825999751 N/A 01/01/2019 N 7,852,831.58 7,845,012.73 12/01/1999
480000041 12/10/2008 12/10/2028 N 7,778,136.23 7,770,742.26 12/01/1999
480000042 12/10/2008 12/10/2028 N 7,778,136.23 7,770,742.26 12/01/1999
480000043 N/A 04/10/2009 N 7,690,000.00 7,690,000.00 12/01/1999
265300052 N/A 04/01/2009 N 7,219,403.97 7,214,038.87 12/01/1999
265300025 N/A 04/01/2009 N 6,913,325.58 6,908,269.64 12/01/1999
265300007 N/A 02/01/2009 N 6,633,327.33 6,625,238.05 12/01/1999
480000047 N/A 06/10/2009 N 6,629,481.92 6,624,466.75 12/01/1999
480000048 N/A 07/10/2008 N 6,596,686.77 6,590,883.89 12/01/1999
265300060 N/A 04/01/2009 N 6,422,852.69 6,418,089.09 12/01/1999
255999680 N/A 07/01/2008 N 6,310,726.98 6,302,552.64 12/01/1999
265300016 N/A 03/01/2009 N 6,263,240.81 6,257,772.68 12/01/1999
480000052 12/10/2008 12/10/2028 N 6,242,325.90 6,236,391.88 12/01/1999
255999829 N/A 10/01/2008 N 6,228,911.43 6,223,525.43 12/01/1999
825999708 N/A 06/01/2016 N 6,050,836.00 5,950,607.00 12/01/1999
265999995 N/A 01/01/2009 N 6,208,803.90 6,204,018.56 12/01/1999
255999783 N/A 09/01/2008 N 5,968,059.72 5,960,095.51 12/01/1999
255999600 N/A 06/01/2008 N 5,688,429.09 5,681,240.14 12/01/1999
480000058 12/10/2008 12/10/2028 N 5,697,360.92 5,691,944.95 12/01/1999
480000059 N/A 03/10/2009 N 5,692,498.98 5,688,204.44 12/01/1999
265300073 N/A 05/01/2009 N 5,478,065.87 5,473,600.92 12/01/1999
480000061 N/A 06/10/2009 N 5,473,061.02 5,468,920.68 12/01/1999
825999870 N/A 10/01/2018 N 5,394,797.25 5,386,242.21 12/01/1999
255999781 N/A 09/01/2008 N 5,351,386.37 5,344,245.09 12/01/1999
255999950 N/A 01/01/2009 N 5,363,327.33 5,359,090.55 12/01/1999
265999999 N/A 01/01/2014 N 5,301,731.14 5,286,754.69 12/01/1999
255999936 N/A 10/01/2008 N 5,170,780.68 5,163,956.59 12/01/1999
265300066 N/A 04/01/2009 N 5,176,925.95 5,172,930.11 12/01/1999
265300010 N/A 04/01/2009 N 5,165,154.36 5,159,393.81 12/01/1999
480000069 12/10/2008 12/10/2028 N 5,127,624.80 5,122,750.43 12/01/1999
255999917 N/A 10/01/2008 N 5,112,349.46 5,108,004.20 12/01/1999
480000071 N/A 02/10/2009 N 5,047,267.20 5,040,897.96 12/01/1999
480000072 12/10/2008 12/10/2028 N 5,053,311.41 5,048,507.68 12/01/1999
480000073 N/A 12/10/2008 N 5,007,266.53 5,003,666.57 12/01/1999
245114243 N/A 03/01/2020 N 4,972,590.76 4,963,843.60 12/01/1999
255999833 N/A 11/01/2008 N 4,944,331.19 4,939,187.35 12/01/1999
255999780 N/A 09/01/2008 N 4,905,847.38 4,899,300.66 12/01/1999
265999981 N/A 12/01/2008 N 4,912,445.90 4,908,448.55 12/01/1999
255999948 N/A 10/01/2008 N 4,719,215.46 4,712,367.94 12/01/1999
480000079 N/A 03/10/2009 N 4,418,653.11 4,415,319.59 12/01/1999
255999726 N/A 07/01/2008 N 4,373,577.23 4,364,771.25 12/01/1999
480000081 N/A 05/10/2009 N 4,385,122.20 4,381,951.19 12/01/1999
265300033 N/A 03/01/2009 N 4,355,235.99 4,352,095.44 12/01/1999
480000083 N/A 02/10/2009 N 4,305,022.02 4,299,589.43 12/01/1999
480000084 12/10/2008 12/10/2028 N 4,310,177.39 4,306,080.09 12/01/1999
265999978 N/A 12/01/2008 N 4,300,000.00 4,300,000.00 12/01/1999
480000086 N/A 12/10/2008 N 4,246,518.05 4,243,403.36 12/01/1999
825999709 N/A 06/01/2016 N 4,107,234.14 4,039,199.92 12/01/1999
265300029 N/A 04/01/2009 N 4,131,005.16 4,126,248.65 12/01/1999
245114242 N/A 03/01/2020 N 4,073,509.20 4,066,343.60 12/01/1999
265300040 N/A 03/01/2009 N 4,085,768.01 4,081,412.95 12/01/1999
480000091 N/A 01/10/2009 N 4,074,846.88 4,071,884.86 12/01/1999
825999748 N/A 08/01/2020 N 4,056,577.98 4,051,695.69 12/01/1999
255999954 N/A 11/01/2008 N 4,064,525.70 4,061,112.98 12/01/1999
480000094 N/A 03/10/2009 N 4,060,383.93 4,057,320.70 12/01/1999
825999697 N/A 06/01/2016 N 3,923,875.47 3,858,878.49 12/01/1999
265300000 N/A 04/01/2009 N 3,933,552.10 3,930,658.01 12/01/1999
265300034 N/A 04/01/2009 N 3,781,018.77 3,774,099.58 12/01/1999
265300044 N/A 04/01/2009 N 3,734,426.74 3,731,684.65 12/01/1999
480000099 N/A 11/10/2008 N 3,647,875.09 3,645,185.03 12/01/1999
480000100 N/A 05/10/2009 N 3,638,421.42 3,635,904.89 12/01/1999
245114332 N/A 05/01/2008 N 3,560,921.41 3,553,791.03 12/01/1999
265300058 N/A 04/01/2009 N 3,586,342.78 3,583,878.97 12/01/1999
480000103 N/A 06/10/2009 N 3,490,987.16 3,488,670.84 12/01/1999
255999931 N/A 10/01/2008 N 3,465,562.08 3,462,492.27 12/01/1999
480000105 N/A 11/10/2008 N 3,416,520.84 3,413,362.14 12/01/1999
480000106 N/A 05/10/2009 N 3,284,017.18 3,281,666.25 12/01/1999
255999965 N/A 11/01/2023 N 3,254,802.43 3,250,614.23 12/01/1999
255999563 N/A 05/01/2008 N 3,182,174.08 3,179,340.82 12/01/1999
825999678 N/A 06/01/2016 N 3,071,257.67 3,020,383.87 12/01/1999
480000110 N/A 08/10/2013 N 3,045,370.51 3,034,277.49 12/01/1999
825999696 N/A 06/01/2016 N 2,988,746.27 2,939,239.23 12/01/1999
255999804 N/A 08/01/2008 N 3,064,648.86 3,061,901.60 12/01/1999
825999591 N/A 06/01/2020 N 3,023,584.25 3,019,769.79 12/01/1999
265300069 N/A 04/01/2009 N 2,983,004.23 2,980,090.99 12/01/1999
480000115 N/A 02/10/2009 N 2,983,386.01 2,981,262.31 12/01/1999
480000116 N/A 02/10/2009 N 2,922,726.70 2,920,540.12 12/01/1999
265999979 N/A 11/01/2008 N 2,918,780.88 2,916,666.74 12/01/1999
255999650 N/A 08/01/2013 N 2,778,187.53 2,772,220.07 12/01/1999
825999914 N/A 11/01/2018 N 2,770,037.48 2,763,993.52 12/01/1999
265300074 N/A 04/01/2009 N 2,787,445.25 2,785,276.58 12/01/1999
480000121 N/A 06/10/2009 N 2,771,422.54 2,769,325.98 12/01/1999
825999588 N/A 06/01/2020 N 2,744,336.49 2,740,874.33 12/01/1999
245114238 N/A 03/01/2020 N 2,678,817.23 2,674,104.99 12/01/1999
265300081 N/A 05/01/2009 N 2,687,277.85 2,684,722.57 12/01/1999
825999906 N/A 09/01/2018 N 2,638,226.85 2,632,413.23 12/01/1999
25-5999947 N/A 11/01/2008 N 2,637,427.59 2,631,806.88 12/01/1999
825999874 N/A 12/01/2013 N 2,612,542.08 2,606,578.31 12/01/1999
265999982 N/A 02/01/2009 N 2,624,900.28 2,621,836.55 12/01/1999
255999933 N/A 12/01/2008 N 2,602,865.36 2,600,898.36 12/01/1999
255999782 N/A 09/01/2008 N 2,581,766.06 2,578,320.76 12/01/1999
265300008 N/A 02/01/2009 N 2,583,055.15 2,580,943.90 12/01/1999
825114249 N/A 12/01/2018 N 2,533,169.81 2,527,946.16 12/01/1999
265300041 N/A 04/01/2009 N 2,550,042.06 2,548,257.97 12/01/1999
825114317 N/A 01/01/2019 N 2,539,627.16 2,536,796.80 12/01/1999
825999895 N/A 10/01/2018 N 2,517,913.53 2,512,408.12 12/01/1999
265300013 N/A 02/01/2009 N 2,524,757.61 2,521,693.07 12/01/1999
825999574 N/A 06/01/2020 N 2,510,503.39 2,507,554.46 12/01/1999
265300064 N/A 04/01/2009 N 2,511,804.67 2,509,865.92 12/01/1999
265300062 N/A 04/01/2009 N 2,509,506.62 2,507,660.26 12/01/1999
265300028 N/A 03/01/2009 N 2,506,955.57 2,504,957.89 12/01/1999
265300055 N/A 03/01/2009 N 2,487,947.46 2,486,066.74 12/01/1999
245114237 N/A 03/01/2020 N 2,435,376.63 2,431,092.63 12/01/1999
265300032 N/A 03/01/2009 N 2,438,932.17 2,437,173.46 12/01/1999
265300017 N/A 02/01/2009 N 2,437,283.47 2,435,320.35 12/01/1999
825999929 N/A 08/01/2018 N 2,390,342.82 2,385,548.33 12/01/1999
265300035 N/A 03/01/2009 N 2,383,390.00 2,380,900.38 12/01/1999
825999592 N/A 06/01/2020 N 2,369,134.71 2,366,351.84 12/01/1999
480000148 N/A 04/10/2009 N 2,299,704.86 2,298,054.82 12/01/1999
265999990 N/A 12/01/2008 N 2,259,259.38 2,257,552.05 12/01/1999
245114239 N/A 03/01/2020 N 2,240,430.05 2,236,488.97 12/01/1999
255999890 N/A 11/01/2008 N 2,218,023.86 2,215,076.28 12/01/1999
265999998 N/A 01/01/2009 N 2,184,611.02 2,182,842.43 12/01/1999
265300019 N/A 02/01/2009 N 2,155,476.94 2,153,077.49 12/01/1999
265300047 N/A 04/01/2009 N 2,141,544.04 2,140,033.59 12/01/1999
255999651 N/A 08/01/2013 N 2,088,497.56 2,084,011.53 12/01/1999
480000156 N/A 03/10/2009 N 2,091,332.89 2,089,918.13 12/01/1999
255999966 N/A 12/01/2008 N 2,082,069.61 2,080,202.62 12/01/1999
265300022 N/A 03/01/2009 N 2,068,932.14 2,067,248.93 12/01/1999
265300014 N/A 02/01/2009 N 1,986,564.50 1,984,871.91 12/01/1999
265300020 N/A 03/01/2009 N 1,972,098.62 1,968,259.47 12/01/1999
245114188 N/A 03/01/2028 N 1,972,685.47 1,971,022.21 12/01/1999
255999988 N/A 11/01/2008 N 1,949,989.16 1,948,228.93 12/01/1999
265300051 N/A 03/01/2009 N 1,906,712.00 1,904,720.30 12/01/1999
265999993 N/A 03/01/2009 N 1,895,859.20 1,893,653.85 12/01/1999
265999991 N/A 03/01/2009 N 1,874,112.86 1,872,712.14 12/01/1999
265999975 N/A 11/01/2008 N 1,855,745.40 1,854,498.81 12/01/1999
265300026 N/A 03/01/2009 N 1,842,498.37 1,841,267.12 12/01/1999
815114264 N/A 05/01/2018 N 1,819,572.45 1,816,179.93 12/01/1999
825999776 N/A 12/01/2018 N 1,808,590.36 1,804,692.44 12/01/1999
480000170 N/A 11/10/2008 N 1,782,056.67 1,780,370.98 12/01/1999
255999603 N/A 06/01/2008 N 1,749,532.51 1,746,190.36 12/01/1999
265300049 N/A 04/01/2009 N 1,726,896.81 1,725,175.46 12/01/1999
255999951 N/A 10/01/2005 N 1,694,608.94 1,693,213.17 12/01/1999
255999856 N/A 09/01/2011 N 1,682,339.53 1,680,198.61 12/01/1999
825999949 N/A 07/01/2018 N 1,672,338.92 1,669,271.14 12/01/1999
265999977 N/A 12/01/2008 N 1,669,147.59 1,667,287.23 12/01/1999
265300065 N/A 04/01/2009 N 1,592,900.30 1,591,670.81 12/01/1999
265300039 N/A 04/01/2009 N 1,589,594.09 1,587,863.39 12/01/1999
255999846 N/A 09/01/2011 N 1,547,752.39 1,545,782.74 12/01/1999
825999797 N/A 05/01/2018 N 1,507,090.80 1,504,859.58 12/01/1999
265300063 N/A 04/01/2009 N 1,514,005.35 1,512,935.35 12/01/1999
245114240 N/A 03/01/2020 N 1,493,619.96 1,490,992.57 12/01/1999
255999850 N/A 09/01/2011 N 1,497,282.18 1,495,376.76 12/01/1999
265999983 N/A 12/01/2008 N 1,489,621.62 1,488,495.91 12/01/1999
255999848 N/A 09/01/2011 N 1,480,458.86 1,478,574.85 12/01/1999
255999987 N/A 11/01/2008 N 1,418,173.93 1,416,893.76 12/01/1999
255999859 N/A 09/01/2011 N 1,413,165.22 1,411,366.85 12/01/1999
255999727 N/A 04/01/2009 N 1,393,474.83 1,392,358.00 12/01/1999
265300056 N/A 03/01/2009 N 1,393,250.61 1,392,197.41 11/01/1999
825999800 N/A 05/01/2023 N 1,384,133.04 1,383,172.23 12/01/1999
255999852 N/A 09/01/2011 N 1,329,048.26 1,327,356.93 12/01/1999
265999994 N/A 03/01/2009 N 1,313,128.22 1,311,600.73 12/01/1999
825114352 N/A 01/01/2013 N 1,283,372.33 1,279,377.12 12/01/1999
255999843 N/A 09/01/2011 N 1,278,578.05 1,276,950.95 12/01/1999
255999838 N/A 09/01/2011 N 1,278,578.05 1,276,950.95 12/01/1999
255999839 N/A 09/01/2011 N 1,278,578.05 1,276,950.95 12/01/1999
255999860 N/A 09/01/2011 N 1,261,754.62 1,260,148.92 12/01/1999
255999847 N/A 09/01/2011 N 1,261,754.62 1,260,148.92 12/01/1999
255999842 N/A 09/01/2011 N 1,244,931.31 1,243,347.03 12/01/1999
255999844 N/A 09/01/2011 N 1,244,931.31 1,243,347.03 12/01/1999
255999849 N/A 09/01/2011 N 1,244,931.30 1,243,347.02 12/01/1999
255999841 N/A 09/01/2011 N 1,228,107.87 1,226,545.00 12/01/1999
255999837 N/A 09/01/2011 N 1,211,284.56 1,209,743.10 12/01/1999
255999855 N/A 09/01/2011 N 1,211,284.56 1,209,743.10 12/01/1999
255999845 N/A 09/01/2011 N 1,211,284.56 1,209,743.10 12/01/1999
255999836 N/A 09/01/2011 N 1,194,461.10 1,192,941.05 12/01/1999
255999858 N/A 09/01/2011 N 1,177,637.64 1,176,138.99 12/01/1999
255999851 N/A 09/01/2011 N 1,160,814.35 1,159,337.12 12/01/1999
255999857 N/A 09/01/2011 N 1,160,814.35 1,159,337.12 12/01/1999
255999840 N/A 09/01/2011 N 1,143,990.91 1,142,535.08 12/01/1999
255999853 N/A 09/01/2011 N 1,110,344.15 1,108,931.15 12/01/1999
255999854 N/A 09/01/2011 N 1,093,520.70 1,092,129.10 12/01/1999
255999830 N/A 09/01/2011 N 1,093,520.70 1,092,129.10 12/01/1999
895096319 N/A 02/01/2029 N 1,076,405.44 1,075,760.50 12/01/1999
265300027 N/A 03/01/2009 N 1,062,232.20 1,060,427.24 12/01/1999
805114051 N/A 12/01/2012 N 1,055,041.05 1,052,717.23 12/01/1999
255999970 N/A 11/01/2008 N 1,063,630.46 1,062,670.34 12/01/1999
825999672 N/A 06/01/2016 N 1,008,472.67 991,767.84 12/01/1999
265300054 N/A 03/01/2009 N 895,661.12 894,984.07 12/01/1999
255999986 N/A 11/01/2008 N 766,698.31 766,006.22 12/01/1999
265300031 N/A 03/01/2009 N 746,244.74 745,664.66 12/01/1999
255999969 N/A 11/01/2008 N 511,132.25 510,670.86 12/01/1999
265300012 N/A 02/01/2009 N 411,171.33 410,809.34 12/01/1999
Totals 1,175,089,011.42 1,173,622,581.01
Appraisal Appraisal Res Mod
Reduction Reduction Strat. Code
Date Amount (2) (3)
Totals 0.00
<FN>
(1) Property Type Code
SS- Self Storage
MF- Multi- Family
RT- Retail
HC- Health Care
IN- Industrial
WH- Warehouse
MH- Mobile Home Park
OF- Office
LO- Lodging
MU- Mixed Use
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 Prepayment 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>
12/17/99 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
11/18/99 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
10/18/99 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
09/17/99 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
07/16/99 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
</TABLE>
<TABLE>
<CAPTION>
Prepayments
Distribution Curtailments Payoff
Date # Amount # Amount
<S> <C> <C> <C> <C>
12/17/99 0 $0.00 0 $0.00
11/18/99 0 $0.00 0 $0.00
10/18/99 0 $0.00 0 $0.00
09/17/99 0 $0.00 0 $0.00
08/17/99 0 $0.00 0 $0.00
07/16/99 0 $0.00 0 $0.00
06/17/99 0 $0.00 0 $0.00
</TABLE>
<TABLE>
<CAPTION>
Rate and Maturities
Distribution Next Weighted Avg. WAM
Date Coupon Remit
<S> <C> <C> <C>
12/17/99 7.359889% 7.285465% 121
11/18/99 7.359823% 7.285366% 122
10/18/99 7.359789% 7.285335% 123
09/17/99 7.359760% 7.285310% 124
08/17/99 7.359727% 7.285280% 125
07/16/99 7.359694% 7.285249% 126
06/17/99 7.359667% 7.285226% 127
<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>
265300056 189 0 11/01/1999 9,853.90 9,853.90 B
Totals 1 9,853.90 9,853.90
</TABLE>
<TABLE>
<CAPTION>
Resolution Actual Outstanding Bank- REO
Loan Number Strategy Servicing Foreclosure Principal Servicing ruptcy date
Code(2) Transfer Date Date Balance Advances Date
<S> <C> <C> <C> <C>
265300056 1,393,250.61 0.00
Totals 1,393,250.61 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 = B (1 Loans) 9,853.90 9,853.90 1,393,250.61 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
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
