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 : August 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 August 17, 1999 a distribution was made to holders of First Union National
Bank-Chase Manhattan BankCommercial 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
August 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
August 26, 1999 by Norwest Bank Minnesota, N.A., as Trustee
/s/ Sherri J. Sharps, Vice President
INDEX TO EXHIBITS
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of First Union National
Bank - Chase Manhattan Bank
Commercial Mortgage Trust, Series 1999-C2, relating
to the August 17, 1999 distribution
Norwest Bank Minnesota, N. A.
Corporate Trust Services First Union National Bank-
Commercial Mortgage Trust Chase Manhattan Bank
Commercial Mortgage Trust
3 New York Plaza, 15th Floor Commercial Mortgage Pass-Through Certificates
New York, NY 10004 Series 1999-C2
For Additional Information, please contact
Leslie Gaskill
(212)515-5254
Reports Available on the World Wide Web
@ www.securitieslink.net/cmbs
Payment Date: 08/17/99
Record Date: 07/30/99
DISTRIBTION 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
Chase Securities
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. Smith
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% 203,500,000.00 200,909,658.21 891,543.64
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 7.398410% 41,352,582.00 41,352,582.00 0.00
F 337366AH1 7.398410% 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
Total 1,181,484,821.00 1,178,894,479.21 891,543.64
</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 1,065,323.46 0.00 0.00 1,956,867.10
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 254,952.80 0.00 0.00 254,952.80
F 337366AH1 109,265.48 0.00 0.00 109,265.48
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 102,505.77 0.00 0.00 102,505.77
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
Total 6,474,345.86 0.00 0.00 7,365,889.50
</TABLE>
<TABLE>
<CAPTION>
Current
Subordination
Class CUSIP Ending Balance Level(1)
<S> <C> <C> <C>
A-1 337366AA6 200,018,114.57 25.83%
A-2 337366AB4 673,747,967.00 25.83%
B 337366AD0 47,260,093.00 21.81%
C 337366AE8 62,028,874.00 16.55%
D 337366AF5 14,768,779.00 15.30%
E 337366AG3 41,352,582.00 11.78%
F 337366AH1 17,722,535.00 10.28%
G 337366AJ7 41,352,582.00 6.77%
H 337366AK4 11,815,024.00 5.77%
J 337366AL2 11,815,023.00 4.76%
K 337366AM0 11,815,024.00 3.76%
L 337366AN8 11,815,023.00 2.76%
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%
Total 1,178,002,935.57
</TABLE>
<TABLE>
<CAPTION>
Original Beginning
Pass-Through Notional Notional
Class CUSIP Rate Amount Amount
<S> <C> <C> <C> <C>
IO 337366AC2 0.908141% 1,181,484,821.00 1,178,894,479.21
</TABLE>
<TABLE>
<CAPTION>
Ending
Interest Prepayment Total Notional
Class CUSIP Distribution Penalties Distribution Amount
<S> <C> <C> <C> <C> <C>
IO 3373366AC2 892,168.46 0.00 892,168.46 1,178,002,935.57
<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 987.27104771 4.38104983 5.23500472
A-2 337366AB4 1,000.00000000 0.00000000 5.53750000
B 337366AD0 1,000.00000000 0.00000000 5.66250007
C 337366AE8 1,000.00000000 0.00000000 5.78666671
D 337366AF5 1,000.00000000 0.00000000 5.88499970
E 337366AG3 1,000.00000000 0.00000000 6.16534174
F 337366AH1 1,000.00000000 0.00000000 6.16534147
G 337366AJ7 1,000.00000000 0.00000000 4.95833344
H 337366AK4 1,000.00000000 0.00000000 4.95833356
J 337366AL2 1,000.00000000 0.00000000 4.95833313
K 337366AM0 1,000.00000000 0.00000000 4.95833356
L 337366AN8 1,000.00000000 0.00000000 4.95833313
M 337366AP3 1,000.00000000 0.00000000 4.95833356
N 337366AQ1 1,000.00000000 0.00000000 4.95764787
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 982.88999789
A-2 337366AB4 0.00000000 0.00000000 1,000.00000000
B 337366AD0 0.00000000 0.00000000 1,000.00000000
C 337366AE8 0.00000000 0.00000000 1,000.00000000
D 337366AF5 0.00000000 0.00000000 1,000.00000000
E 337366AG3 0.00000000 0.00000000 1,000.00000000
F 337366AH1 0.00000000 0.00000000 1,000.00000000
G 337366AJ7 0.00000000 0.00000000 1,000.00000000
H 337366AK4 0.00000000 0.00000000 1,000.00000000
J 337366AL2 0.00000000 0.00000000 1,000.00000000
K 337366AM0 0.00000000 0.00000000 1,000.00000000
L 337366AN8 0.00000000 0.00000000 1,000.00000000
M 337366AP3 0.00000000 0.00000000 1,000.00000000
N 337366AQ1 0.00000000 0.00000000 1,000.00000000
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 997.80755390 0.75512478 0.00000000 997.05295797
</TABLE>
<TABLE>
<CAPTION>
Reconciliation Detail
Advance Summary
<S> <C>
P & I Advances Outstanding 47,503.43
Servicing Advances Outstanding 0.00
Reimbursement for Interest on Advances 14.17
paid from general collections
Reimbursement for Interest on Servicing Advances 0.00
paid from general collections
Aggregate amount of Nonrecverable Advances 0.00
</TABLE>
<TABLE>
<CAPTION>
Servicing Fee Breakdowns
<S> <C>
Current Period Accrued Servicing Fees 70,924.84
Less Delinquent Servicing Fees 336.49
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 2,553.67
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 73,142.02
</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 1,065,323.46 0.00 1,065,323.46 0.00
A-2 3,730,879.37 0.00 3,730,879.37 0.00
IO 892,168.46 0.00 892,168.46 0.00
B 267,610.28 0.00 267,610.28 0.00
C 358,940.42 0.00 358,940.42 0.00
D 86,914.26 0.00 86,914.26 0.00
E 254,952.80 0.00 254,952.80 0.00
F 109,265.48 0.00 109,265.48 0.00
G 205,039.89 0.00 205,039.89 0.00
H 58,582.83 0.00 58,582.83 0.00
J 58,582.82 0.00 58,582.82 0.00
K 58,582.83 0.00 58,582.83 0.00
L 58,582.82 0.00 58,582.82 0.00
M 58,582.83 0.00 58,582.83 0.00
N 102,519.94 0.00 102,519.94 0.00
Totals 7,366,528.49 0.00 7,366,528.49 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 1,065,323.46 0.00
A-2 0.00 3,730,879.37 0.00
IO 0.00 892,168.46 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 0.00 254,952.80 0.00
F 0.00 109,265.48 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 14.17 102,505.77 29.03
Totals 14.17 7,366,514.32 29.03
</TABLE>
<TABLE>
<CAPTION>
Other Required Information
<S> <C>
Available Distribution Amount 8,258,057.96
Aggregate Number of Outstanding Loans 223
Aggregate Stated Principal Balance of Loans 1,178,006,499.18
Aggregate Unpaid Principal Balance of Loans 1,178,002,935.95
Aggregate Amount of Service Fee 73,142.02
Aggregate Amount of Special Servicing Fee 0.00
Aggregate Amount of Trustee Fee 2,210.43
Aggregate Trust Fund Expenses 14.17
Interest Reserve Deposit 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 Effected 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+ NR X
H 337366AK4 X BB NR X
J 337366AL2 X BB- NR X
K 337366AM0 X B+ NR X
L 337366AN8 X B NR X
M 337366AP3 X B- NR 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+ NR X
H 337366AK4 X BB NR X
J 337366AL2 X BB- NR X
K 337366AM0 X B+ NR X
L 337366AN8 X B NR X
M 337366AP3 X B- NR 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 5 3,337,741.75 0.28 113 7.5447 1.401632
1,000,001 to 2,000,000 60 87,140,957.48 7.40 149 7.5708 1.341056
2,000,001 to 3,000,000 46 116,140,525.76 9.86 153 7.4470 1.341590
3,000,001 to 4,000,000 18 62,270,100.04 5.29 142 7.5141 1.569957
4,000,001 to 5,000,000 21 92,045,905.75 7.81 136 7.4155 1.451048
5,000,001 to 6,000,000 18 96,552,028.57 8.20 122 7.3465 1.375481
6,000,001 to 7,000,000 11 70,647,858.09 6.00 120 7.3225 1.318664
7,000,001 to 8,000,000 5 38,392,760.01 3.26 138 7.1862 1.336643
8,000,001 to 9,000,000 4 34,917,011.11 2.96 112 7.2796 1.302041
9,000,001 to 10,000,000 5 46,803,251.54 3.97 137 7.0851 1.277467
10,000,001 to 15,000,000 15 178,206,943.60 15.13 111 7.4522 1.337714
15,000,001 to 20,000,000 8 140,136,778.63 11.90 113 7.2481 1.345852
20,000,001 to 25,000,000 3 68,838,323.07 5.84 112 7.5191 1.283932
25,000,001 and greater 4 142,572,750.55 12.10 112 7.1530 1.389070
Totals 223 1,178,002,935.95 100.00 125 7.3597 1.360726
</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 34,114,510.51 2.90 120 7.3385 1.388397
Arizona 5 24,174,432.66 2.05 115 7.5151 1.356623
Arkansas 1 3,923,875.47 0.33 202 7.2350 NAP
California 40 151,797,180.20 12.89 116 7.6743 1.292298
Connecticut 6 53,144,434.84 4.51 118 7.6664 1.330503
Delaware 1 22,420,791.82 1.90 111 6.7500 1.550000
Florida 21 80,913,654.69 6.87 125 7.2946 1.345224
Georgia 17 114,735,093.81 9.74 115 7.4682 1.246536
Hawaii 1 6,277,077.66 0.53 115 6.9100 1.210000
Illinois 10 27,376,207.60 2.32 118 7.0430 1.441454
Indiana 3 16,518,329.00 1.40 114 7.3588 1.285267
Iowa 1 4,071,029.09 0.35 252 8.1100 NAP
Kansas 4 20,392,898.77 1.73 112 6.7815 1.443940
Kentucky 4 5,265,035.76 0.45 174 7.4000 1.361309
Louisiana 2 5,943,355.27 0.50 171 7.8603 1.394112
Maryland 2 9,510,153.98 0.81 138 7.2535 1.210000
Massachusetts 6 23,826,135.27 2.02 135 7.6372 1.297095
Michigan 3 18,292,313.02 1.55 159 7.3917 1.250000
Minnesota 2 14,277,516.27 1.21 111 6.7717 1.419097
Mississippi 1 1,164,718.79 0.10 145 7.4100 1.310000
Missouri 5 27,818,991.40 2.36 118 6.9010 1.522837
Nebraska 8 11,157,608.91 0.95 115 7.6541 1.287327
Nevada 5 34,768,369.81 2.95 123 7.6140 1.232734
New Hampshire 1 2,519,248.96 0.21 250 6.9420 NAP
New Jersey 7 55,316,117.35 4.70 111 6.7458 1.412247
New York 16 68,004,793.61 5.77 118 7.7231 1.506104
North Carolina 21 73,935,699.55 6.28 153 7.3442 1.316488
Ohio 5 11,521,241.02 0.98 148 7.7528 1.247573
Oregon 1 2,632,856.05 0.22 114 7.7500 1.300000
Pennsylvania 9 64,239,504.48 5.45 122 7.2160 1.344660
Rhode Island 1 1,067,075.17 0.09 115 8.5000 1.320000
South Carolina 4 19,695,497.39 1.67 146 8.0930 1.460000
Tennessee 4 10,623,403.38 0.90 165 7.3219 1.342380
Texas 14 85,388,250.46 7.25 120 6.8545 1.409446
Utah 1 3,289,563.48 0.28 117 7.8500 1.300000
Virginia 19 38,570,189.93 3.27 176 7.3238 1.579968
Washington 1 18,710,163.02 1.59 107 7.2130 1.560000
Wisconsin 3 10,605,617.50 0.90 115 7.8589 1.307203
Totals 260 1,178,002,935.95 100.00 125 7.3597 1.360726
</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 18 143,569,250.14 12.19 114 6.5529 1.448473
6.750% to 6.999% 21 132,961,215.34 11.29 141 6.8228 1.459909
7.000% to 7.249% 32 178,703,683.70 15.17 129 7.1135 1.445045
7.250% to 7.499% 58 202,951,063.76 17.23 140 7.3680 1.344143
7.500% to 7.749% 36 306,482,102.09 26.02 115 7.6199 1.283772
7.750% to 7.999% 30 110,629,456.42 9.39 119 7.8166 1.303975
8.000% to 8.249% 13 37,568,433.90 3.19 129 8.0703 1.284938
8.250% to 8.499% 7 38,547,750.06 3.27 112 8.2700 1.254670
8.500% to 8.999% 5 19,772,811.71 1.68 126 8.5706 1.397856
9.000% and greater 3 6,817,168.83 0.58 167 9.3436 1.881318
Totals 223 1,178,002,935.95 100.00 125 7.3597 1.360726
</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 192 1,011,681,290.35 85.88 121 7.3476 1.353849
13 to 24 months 31 166,321,645.60 14.12 152 7.4335 1.411760
25 to 36 months 0 0.00 0.00 0 0.0000 0.000000
37 to 48 months 0 0.00 0.00 0 0.0000 0.000000
49 months and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 223 1,178,002,935.95 100.00 125 7.3597 1.360726
</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 77,901,932.62 6.61 223 7.1992 NAP
1.19 or less 4 14,957,601.43 1.27 229 7.0620 1.182728
1.20 to 1.24 26 249,855,620.77 21.21 116 7.5350 1.213239
1.25 to 1.29 41 186,126,250.40 15.80 118 7.5851 1.262691
1.30 to 1.34 57 196,509,580.16 16.68 116 7.6596 1.312799
1.35to 1.39 12 71,573,279.61 6.08 111 7.2982 1.372111
1.40 to 1.44 24 176,596,950.84 14.99 114 6.9645 1.419668
1.45 to 1.49 6 41,214,370.16 3.50 117 7.2786 1.472714
1.50 to 1.54 8 35,376,537.24 3.00 121 6.8906 1.515630
1.55 to 1.59 4 73,627,131.94 6.25 110 6.8972 1.554082
1.60 to 1.69 6 24,323,429.63 2.06 116 6.9759 1.620766
1.7 and greater 8 29,940,251.15 2.54 162 7.6879 2.205644
Totals 223 1,178,002,935.95 100.00 125 7.3597 1.360726
</TABLE>
<TABLE>
<CAPTION>
Property Type
Property # of Scheduled % of Weighted
Type Props Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Health Care 9 24,575,833.48 2.09 123 7.7432 1.652213
Industrial/Warehouse 13 37,171,540.00 3.16 115 7.6829 1.332368
Lodging 27 186,824,320.77 15.86 133 7.2281 1.517102
Mixed Use 9 43,189,036.07 3.67 115 7.6558 1.324756
Mobile Home Park 3 9,434,062.28 0.80 113 7.5668 1.328180
Multi-Family 85 364,795,819.99 30.97 121 7.4529 1.250516
Office 23 149,804,482.33 12.72 111 7.5723 1.330305
Other 1 1,386,978.63 0.12 285 7.7500 NAP
Retail 89 358,838,187.48 30.46 134 7.1424 1.408073
Self Storage 1 1,982,674.92 0.17 115 7.3750 1.480000
Totals 260 1,178,002,935.95 100.00 125 7.3597 1.360726
</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 16 137,669,494.67 11.69 99 7.2290 1.424178
109 to 120 months 138 858,953,314.27 72.92 114 7.3960 1.341067
121 to 156 months 27 45,152,284.69 3.83 139 7.2638 1.387072
157 to 216 months 10 39,618,707.80 3.36 185 7.2027 1.356286
217 to 240 months 1 5,420,176.31 0.46 230 6.7500 NAP
241 to 252 months 5 14,757,166.13 1.25 251 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 1,101,571,143.87 93.51 118 7.3578 1.354077
</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 0 0.00 0.00 0 0.0000 0.000000
157 to 216 months 4 10,777,418.13 0.91 169 8.4376 1.681505
217 to 240 months 12 39,965,999.16 3.39 230 7.0635 1.190000
241 to 252 months 6 17,980,361.64 1.53 247 7.3750 1.706944
253 to 300 months 2 4,652,897.14 0.39 289 7.3990 1.430000
301 and greater 2 3,055,116.01 0.26 347 7.9747 1.212352
Totals 26 76,431,792.08 6.49 234 7.3874 1.526227
</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 6 17,263,004.35 1.47 134 7.4474 1.472345
229 to 240 months 4 9,502,728.06 0.81 114 7.5437 1.438726
241 to 264 months 6 21,150,422.22 1.80 202 7.2350 NAP
265 to 288 months 36 110,725,142.40 9.40 131 7.2978 1.398277
289 to 300 months 27 160,602,499.35 13.63 117 7.3348 1.451101
301 to 348 months 15 121,248,513.64 10.29 121 7.4142 1.309009
349 and greater 103 661,078,833.85 56.12 112 7.3620 1.328685
Totals 197 1,101,571,143.87 93.51 118 7.3578 1.354077
</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 196 1,100,101,003.33 93.39 118 7.3711 1.360726
1 year or less 27 77,901,932.62 6.61 223 7.1992 NAP
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 1,178,002,935.95 100.00 125 7.3597 1.360726
<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 292,432.59 62,032.39 6.750%
265300078 2 MU Various CA 245,253.23 19,782.58 7.610%
265999996 3 MF Newnan GA 177,330.14 0.00 7.050%
480000004 4 LO Hoover AL 155,399.50 32,120.22 7.400%
480000005 5 OF Beverly Hills CA 168,237.80 15,959.09 8.250%
480000006 6 MF Smyrna GA 147,982.88 11,799.74 7.650%
480000007 7 RT Amarillo TX 124,167.83 16,538.14 6.570%
480000008 8 OF Stamford CT 132,340.02 10,528.02 7.720%
480000009 9 RT South Plainfield NJ 108,185.88 14,295.17 6.570%
480000010 10 RT Lewisville TX 106,850.26 14,118.67 6.570%
480000011 11 LO Seattle WA 116,348.15 21,846.37 7.213%
265300024 12 RT Phoenix AZ 109,508.44 9,378.03 7.500%
265300057 13 MF Bellflower CA 101,834.43 8,641.46 7.500%
265300050 14 MF Henderson NV 99,303.07 8,941.37 7.370%
265300048 15 MF New York NY 100,868.61 7,857.82 7.700%
265300038 16 MF Philadelphia PA 96,443.27 7,548.22 7.690%
480000017 17 RT Allentown PA 86,034.27 9,948.18 6.950%
480000018 18 OF Marlboro NJ 78,330.94 10,664.25 6.500%
480000019 19 MF Raleigh NC 85,734.38 0.00 7.375%
265999976 20 LO Charleston SC 94,539.46 10,140.06 8.500%
480000021 21 RT Novi MI 81,866.95 6,568.91 7.600%
255999863 22 OF Maryland Heights MO 70,886.67 0.00 6.860%
480000023 23 RT Philadelphia PA 68,594.03 7,241.49 7.275%
480000024 24 MF Roswell GA 70,508.72 5,622.16 7.650%
480000025 25 MF Clarkston GA 69,513.75 5,668.89 7.550%
265300045 26 MF Various CA 69,901.10 5,599.26 7.625%
480000027 27 RT Derby CT 71,595.30 5,262.06 7.875%
255999598 28 MF Matawan NJ 65,225.25 6,400.20 7.240%
480000029 29 MF Largo FL 67,288.84 5,365.42 7.650%
480000030 30 OF New York NY 67,715.04 5,185.14 7.700%
355132452 31 MF Charlotte NC 57,297.76 19,036.19 6.800%
480000032 32 RT Miami FL 58,354.63 6,505.77 7.050%
480000033 33 MF Atlanta GA 59,061.46 0.00 7.375%
480000034 34 RT Minnetonka MN 51,456.83 6,799.26 6.570%
480000035 35 MF Clearwater FL 59,600.56 4,752.39 7.650%
265300042 36 MF Las Vegas NV 59,917.46 4,559.64 7.750%
255999747 37 OF Various PA 53,915.47 7,987.77 7.000%
265300018 38 MF Indianapolis IN 56,412.21 5,258.70 7.340%
480000039 39 LO Kissimmee FL 48,799.86 8,979.34 7.000%
825999751 40 RT Norwalk CT 50,914.97 7,620.08 7.750%
480000041 41 RT Oxnard CA 44,146.03 5,833.24 6.570%
480000042 42 RT Wichita KS 44,146.03 5,833.24 6.570%
480000043 43 MF Pikesville MD 48,836.84 0.00 7.375%
265300052 44 RT Auburn MA 47,978.39 3,711.22 7.700%
265300025 45 RT Cerritos CA 46,419.14 3,458.19 7.780%
265300007 46 MF Champaign - Urbana IL 42,847.56 6,534.18 7.470%
480000047 47 MF Fayetteville NC 43,202.47 3,523.19 7.550%
480000048 48 OF New York NY 40,590.00 4,380.71 7.125%
265300060 49 OF New York NY 42,739.86 3,290.57 7.710%
255999680 50 RT Lafayette IN 40,257.64 6,701.38 7.375%
265300016 51 MF Ewa HI 37,375.10 4,158.86 6.910%
480000052 52 RT Manchester MO 35,429.30 4,681.45 6.570%
255999829 53 RT Norwalk CT 38,324.79 4,045.37 7.125%
825999708 54 LO Raleigh NC 36,481.50 0.00 7.235%
265999995 55 RT Mission Viejo CA 40,864.98 3,372.13 7.625%
255999783 56 LO Tampa FL 36,658.62 6,616.61 7.100%
255999600 57 LO Gastonia NC 37,512.46 5,821.72 7.625%
480000058 58 RT Dallas TX 32,336.26 4,272.76 6.570%
480000059 59 MF Smyrna GA 37,587.13 2,997.09 7.650%
265300073 60 MF Euless TX 34,052.97 3,280.38 7.200%
480000061 61 MF Charlotte NC 35,666.40 2,908.62 7.550%
825999870 62 RT Chesapeake VA 30,535.55 8,365.22 6.750%
255999781 63 LO Sarasota FL 32,870.72 5,932.93 7.100%
255999950 64 MF Wallkill NY 34,724.54 3,033.04 7.500%
265999999 65 HC New Rochelle NY 43,241.68 13,154.54 9.375%
255999936 66 MH Monticello MN 31,871.28 5,654.32 7.125%
265300066 67 MF Grand Island NE 33,559.98 2,834.79 7.510%
265300010 68 OF Boston MA 35,402.60 4,491.01 7.930%
480000069 69 RT Wichita KS 29,102.64 3,845.48 6.570%
255999917 70 MF Tallahassee FL 29,740.74 0.00 6.875%
480000071 71 IN Exton PA 31,648.22 5,214.93 7.250%
480000072 72 RT Wichita KS 28,680.86 3,789.75 6.570%
480000073 73 MF Cincinnati OH 34,569.39 2,412.35 8.000%
245114243 74 LO Alexandria VA 31,779.02 7,528.85 7.375%
255999833 75 MF Roselle Park NJ 26,171.88 4,208.65 6.125%
255999780 76 LO Knoxville TN 30,134.01 5,438.97 7.100%
265999981 77 MU Monroe CT 31,278.51 2,909.91 7.375%
255999948 78 HC Macon GA 26,551.57 5,858.37 6.500%
480000079 79 MF Lutz FL 29,176.02 2,326.41 7.650%
255999726 80 HC Various GA 28,926.37 7,670.05 7.625%
480000081 81 OF Wellesley MA 29,518.35 2,155.95 7.800%
265300033 82 IN Green Bay WI 29,598.64 2,123.15 7.875%
480000083 83 IN Exton PA 26,994.07 4,448.03 7.250%
480000084 84 RT Joplin MO 24,463.08 3,232.44 6.570%
265999978 85 RT Orange CA 27,770.83 0.00 7.500%
480000086 86 OF Atlanta GA 28,952.74 2,118.19 7.900%
825999709 87 LO Hilton Head SC 24,763.20 0.00 7.235%
265300029 88 OF Fenton MO 27,604.71 3,762.36 7.730%
245114242 89 LO Alexandria VA 26,033.14 6,167.57 7.375%
265300040 90 RT Las Vegas NV 29,127.95 3,316.77 8.250%
480000091 91 OF Pasadena CA 27,851.85 2,004.16 7.920%
825999748 92 RT Davenport IA 27,545.49 4,752.51 8.110%
255999954 93 RT San Diego CA 25,443.87 2,525.36 7.250%
480000094 94 MF Marietta GA 26,810.40 2,137.78 7.650%
825999697 95 LO Little Rock AR 23,657.70 0.00 7.235%
265300000 96 OF Bronx NY 26,310.29 1,987.99 7.750%
265300034 97 IN Green Bay WI 25,660.67 5,929.67 7.830%
265300044 98 RT Flower Mound TX 25,010.47 1,880.91 7.760%
480000099 99 IN North Haven CT 24,903.04 1,832.60 7.910%
480000100 100 IN Vernon CA 25,179.16 1,654.15 8.020%
245114332 101 LO Asheville NC 24,121.49 6,184.55 7.810%
265300058 102 RT San Francisco CA 25,034.77 1,606.97 8.090%
480000103 103 RT Baton Rouge LA 24,697.97 1,473.43 8.200%
255999931 104 RT Scarsdale & New RochelleNY 20,950.54 2,335.05 7.000%
480000105 105 RT Philadelphia PA 19,919.90 2,456.73 6.750%
480000106 106 OF Draper UT 22,247.26 1,586.62 7.850%
255999965 107 MF Boone NC 20,410.80 3,441.83 7.250%
255999563 108 HC Statesville NC 19,581.02 2,146.40 7.125%
825999678 109 LO Sparks NV 18,517.12 0.00 7.235%
480000110 110 OF Southborough MA 18,941.82 10,233.09 7.125%
825999696 111 LO Mobile AL 18,019.65 0.00 7.235%
255999804 112 HC Burlington NC 18,527.65 2,096.73 7.000%
825999591 113 RT Commerce Township MI 17,578.44 3,727.45 6.942%
265300069 114 MU Savannah GA 22,546.18 2,118.13 8.750%
480000115 115 OF Las Vegas NV 20,596.26 1,416.68 8.000%
480000116 116 OF Carpinteria CA 19,550.15 1,512.37 7.750%
265999979 117 MF Denton TX 20,151.24 1,421.44 8.000%
255999650 118 RT Ft. Meyers FL 16,878.42 5,295.13 7.000%
825999914 119 RT Colleyville TX 15,599.16 5,910.84 6.700%
265300074 120 MF Fort Worth TX 17,974.16 1,546.36 7.470%
480000121 121 MF Charlotte NC 18,060.58 1,472.85 7.550%
825999588 122 RT Holland MI 15,954.96 3,383.19 6.942%
245114238 123 LO Fredericksburg VA 17,119.89 4,055.91 7.375%
265300081 124 MF Los Angeles CA 17,989.54 1,921.08 7.750%
825999906 125 RT Pembroke Pines FL 14,969.01 5,684.64 6.750%
25-5999947 126 LO Richmond VA 15,736.28 4,994.69 6.875%
825999874 127 RT York PA 15,420.91 5,826.23 7.020%
265999982 128 RT Medford OR 17,586.87 2,429.34 7.750%
255999933 129 MF Orange NJ 17,411.11 1,366.06 7.750%
255999782 130 LO Mobile AL 15,858.42 2,862.33 7.100%
265300008 131 MF St. Augustine Beach FL 16,279.90 1,544.94 7.300%
825114249 132 RT Franklin TN 15,162.94 5,101.41 7.125%
265300041 133 MU Lawrenceville GA 17,603.76 1,180.61 8.000%
825114317 134 RT Yarmouth MA 15,676.65 2,761.84 7.375%
825999895 135 RT Dallas TX 14,285.41 5,383.26 6.750%
265300013 136 MF San Francisco CA 16,373.60 2,470.68 7.500%
825999574 137 RT Claremont NH 14,590.53 2,881.65 6.942%
265300064 138 MF North Platte NE 16,283.04 1,375.42 7.510%
265300062 139 MH Ranch Mirage CA 16,785.30 1,268.29 7.750%
265300028 140 MF Grand Prairie TX 15,961.22 1,443.79 7.375%
265300055 141 IN Phoenix AZ 16,406.36 1,314.29 7.640%
245114237 142 LO Shreveport LA 15,564.10 3,687.32 7.375%
265300032 143 IN Green Bay WI 16,575.24 1,188.96 7.875%
265300017 144 MF Phoenix AZ 15,518.16 1,424.10 7.375%
825999929 145 RT Oviedo FL 13,426.59 4,689.08 6.688%
265300035 146 MF Topeka KS 17,247.30 1,876.40 8.375%
825999592 147 RT Ironton OH 13,768.92 2,719.39 6.942%
480000148 148 RT Locust Valley Long NY 15,628.81 1,113.04 7.875%
265999990 149 MF Arlington VA 15,112.66 1,185.72 7.750%
245114239 150 LO Charlotte NC 14,318.22 3,392.17 7.375%
255999890 151 MU Livingston NJ 13,508.79 2,451.20 7.040%
265999998 152 MF Los Angeles CA 13,909.62 1,285.23 7.375%
265300019 153 RT Commack NY 14,997.18 1,861.93 8.050%
265300047 154 RT Copperas Cove TX 14,710.23 1,005.80 7.960%
255999651 155 RT Montgomery AL 12,688.32 3,980.61 7.000%
480000156 156 OF Pasadena CA 14,778.44 909.67 8.190%
255999966 157 RT East Northport NY 12,362.74 1,432.77 6.875%
265300022 158 MF Nashville TN 12,985.86 1,231.63 7.270%
265300014 159 HC Woodstock VA 14,150.60 1,199.62 8.250%
265300020 160 SS Charlottesville VA 12,612.62 3,346.72 7.375%
245114188 161 MF Long Branch NJ 12,723.64 1,219.59 7.470%
255999988 162 MF Radford VA 11,578.76 1,353.28 6.875%
265300051 163 MF Chesapeake VA 13,797.84 1,501.12 8.375%
265999993 164 IN North Miami FL 12,300.15 2,149.29 7.750%
265999991 165 IN Margate FL 12,139.25 1,365.12 7.750%
265999975 166 MF Omaha NE 13,409.41 788.74 8.375%
265300026 167 HC Charlottesville VA 13,114.94 783.49 8.250%
815114264 168 RT Tallahassee FL 11,074.01 3,311.76 7.250%
825999776 169 RT Lansdowne MD 10,244.61 3,811.56 6.740%
480000170 170 RT Winter Park FL 10,206.47 1,325.08 6.630%
255999603 171 LO Asheville NC 12,362.32 2,862.07 8.150%
265300049 172 MH Hamilton OH 12,866.95 1,266.47 8.625%
255999951 173 MF New Windsor NY 10,790.33 1,020.22 7.375%
255999856 174 RT Wilson NC 10,781.98 1,747.39 7.410%
825999949 175 RT Tarboro NC 10,001.30 2,995.99 7.125%
265999977 176 RT New York NY 11,714.42 1,440.51 8.120%
265300065 177 MF Norfolk NE 10,326.15 872.24 7.510%
265300039 178 MF Sarasota FL 11,100.06 1,333.91 8.080%
255999846 179 RT Santa Rosa CA 9,919.43 1,607.59 7.410%
825999797 180 RT Rocky Mount VA 8,842.67 2,179.91 7.000%
265300063 181 MF Marietta GA 10,386.68 713.61 7.950%
245114240 182 LO Mount Sterling KY 9,545.48 2,261.45 7.375%
255999850 183 RT Riverside CA 9,595.97 1,555.17 7.410%
265999983 184 MF Bronx NY 9,964.39 781.79 7.750%
255999848 185 RT Richmond VA 9,488.15 1,537.69 7.410%
255999987 186 MF Radford VA 8,420.92 984.20 6.875%
255999859 187 RT Garner NC 9,056.87 1,467.80 7.410%
255999727 188 MF Lowell MA 8,805.98 811.05 7.320%
265300056 189 IN Phoenix AZ 9,187.56 736.00 7.640%
825999800 190 OT Rock Hill SC 8,963.62 936.38 7.750%
255999852 191 RT Fresno CA 8,517.77 1,380.43 7.410%
265999994 192 IN Margate FL 8,519.45 1,488.66 7.750%
825114352 193 RT Greenville SC 7,713.52 3,901.71 7.125%
255999843 194 RT Forsyth IL 8,194.31 1,328.01 7.410%
255999838 195 RT Owensboro KY 8,194.31 1,328.01 7.410%
255999839 196 RT Peru IL 8,194.31 1,328.01 7.410%
255999860 197 RT Dothan AL 8,086.49 1,310.54 7.410%
255999847 198 RT Evansville IN 8,086.49 1,310.54 7.410%
255999842 199 RT Hopkinsville KY 7,978.67 1,293.06 7.410%
255999844 200 RT Tallahassee FL 7,978.67 1,293.06 7.410%
255999849 201 RT Visalia CA 7,978.67 1,293.06 7.410%
255999841 202 RT Pikeville KY 7,870.85 1,275.59 7.410%
255999837 203 RT Albany GA 7,763.03 1,258.11 7.410%
255999855 204 RT Heath OH 7,763.03 1,258.11 7.410%
255999845 205 RT Marion IL 7,763.03 1,258.11 7.410%
255999836 206 RT Temple TX 7,655.21 1,240.64 7.410%
255999858 207 RT Zanesville OH 7,547.39 1,223.17 7.410%
255999851 208 RT Fresno CA 7,439.57 1,205.69 7.410%
255999857 209 RT Jackson MS 7,439.57 1,205.69 7.410%
255999840 210 RT Modesto CA 7,331.75 1,188.22 7.410%
255999853 211 RT Champaign IL 7,116.11 1,153.27 7.410%
255999854 212 RT Sanford NC 7,008.29 1,135.80 7.410%
255999830 213 RT Moberly MO 7,008.29 1,135.80 7.410%
895096319 214 MF Knoxville TN 8,002.12 626.16 8.900%
265300027 215 RT Pawtucket RI 7,821.43 1,507.67 8.500%
805114051 216 RT Ormond Beach FL 8,092.07 2,254.46 9.125%
255999970 217 MF Radford VA 6,315.69 738.15 6.875%
825999672 218 LO Lumberton NC 6,080.25 0.00 7.235%
265300054 219 IN Phoenix AZ 5,906.29 473.14 7.640%
255999986 220 MF Radford VA 4,552.55 532.08 6.875%
265300031 221 MF Corpus Christi TX 4,831.28 412.83 7.500%
255999969 222 MF Radford VA 3,035.03 354.72 6.875%
265300012 223 RT Douglasville GA 3,372.61 244.49 9.500%
Totals 7,439,663.80 891,543.64
</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 50,310,983.44 50,248,951.05 08/01/1999
265300078 N/A 04/01/2009 N 37,425,782.62 37,406,000.04 08/01/1999
265999996 N/A 01/01/2009 N 29,750,000.00 29,750,000.00 08/01/1999
480000004 N/A 06/10/2008 N 25,199,919.68 25,167,799.46 08/01/1999
480000005 N/A 10/01/2008 N 24,470,952.33 24,454,993.24 08/01/1999
480000006 N/A 03/10/2009 N 22,464,194.24 22,452,394.50 08/01/1999
480000007 11/10/2008 11/10/2028 N 21,947,473.47 21,930,935.33 08/01/1999
480000008 N/A 12/10/2008 N 19,907,407.50 19,896,879.48 08/01/1999
480000009 12/10/2008 12/10/2028 N 19,122,560.00 19,108,264.83 08/01/1999
480000010 12/10/2008 12/10/2028 N 18,886,479.08 18,872,360.41 08/01/1999
480000011 07/10/2008 11/10/2023 N 18,732,009.39 18,710,163.02 08/01/1999
265300024 N/A 03/01/2009 N 16,956,145.99 16,946,767.96 08/01/1999
265300057 N/A 04/01/2009 N 15,767,911.80 15,759,270.34 08/01/1999
265300050 N/A 04/01/2009 N 15,647,177.47 15,638,236.10 08/01/1999
265300048 N/A 03/01/2009 N 15,212,694.31 15,204,836.49 08/01/1999
265300038 N/A 03/01/2009 N 14,564,191.91 14,556,643.69 08/01/1999
480000017 08/10/2008 08/10/2028 N 14,375,649.86 14,365,701.68 08/01/1999
480000018 N/A 12/10/2005 N 13,994,608.77 13,983,944.52 08/01/1999
480000019 N/A 04/10/2009 N 13,500,000.00 13,500,000.00 08/01/1999
265999976 N/A 12/01/2008 N 12,916,207.66 12,906,067.60 08/01/1999
480000021 N/A 05/10/2009 N 12,509,381.49 12,502,812.58 08/01/1999
255999863 N/A 09/01/2009 N 12,000,000.00 12,000,000.00 08/01/1999
480000023 N/A 03/10/2013 N 10,949,495.98 10,942,254.49 08/01/1999
480000024 N/A 03/10/2009 N 10,703,410.51 10,697,788.35 08/01/1999
480000025 N/A 06/10/2009 N 10,692,138.19 10,686,469.30 08/01/1999
265300045 N/A 04/01/2009 N 10,645,963.17 10,640,363.91 08/01/1999
480000027 N/A 01/10/2004 N 10,557,832.47 10,552,570.41 08/01/1999
255999598 01/01/2009 01/21/2029 N 10,462,078.34 10,455,678.14 08/01/1999
480000029 N/A 03/10/2009 N 10,214,624.75 10,209,259.33 08/01/1999
480000030 N/A 05/10/2009 N 10,212,574.74 10,207,389.60 08/01/1999
355132452 N/A 08/01/2018 N 9,785,196.94 9,766,160.75 08/01/1999
480000032 N/A 07/10/2008 N 9,612,293.44 9,605,787.67 08/01/1999
480000033 N/A 04/10/2009 N 9,300,000.00 9,300,000.00 08/01/1999
480000034 12/10/2008 12/10/2028 N 9,095,330.72 9,088,531.46 08/01/1999
480000035 N/A 03/10/2009 N 9,047,524.05 9,042,771.66 08/01/1999
265300042 N/A 03/01/2009 N 8,978,267.35 8,973,707.71 08/01/1999
255999747 N/A 07/01/2008 N 8,944,502.76 8,936,514.99 08/01/1999
265300018 N/A 02/01/2009 N 8,925,197.45 8,919,938.75 08/01/1999
480000039 N/A 11/10/2008 N 8,095,829.00 8,086,849.66 08/01/1999
825999751 N/A 01/01/2019 N 7,883,608.44 7,875,988.36 08/01/1999
480000041 12/10/2008 12/10/2028 N 7,803,097.93 7,797,264.69 08/01/1999
480000042 12/10/2008 12/10/2028 N 7,803,097.93 7,797,264.69 08/01/1999
480000043 N/A 04/10/2009 N 7,690,000.00 7,690,000.00 08/01/1999
265300052 N/A 04/01/2009 N 7,235,953.49 7,232,242.27 08/01/1999
265300025 N/A 04/01/2009 N 6,928,803.90 6,925,345.71 08/01/1999
265300007 N/A 02/01/2009 N 6,661,105.65 6,654,571.47 08/01/1999
480000047 N/A 06/10/2009 N 6,645,113.92 6,641,590.73 08/01/1999
480000048 N/A 07/10/2008 N 6,615,687.18 6,611,306.47 08/01/1999
265300060 N/A 04/01/2009 N 6,437,533.08 6,434,242.51 08/01/1999
255999680 N/A 07/01/2008 N 6,339,093.03 6,332,391.65 08/01/1999
265300016 N/A 03/01/2009 N 6,281,236.52 6,277,077.66 08/01/1999
480000052 12/10/2008 12/10/2028 N 6,262,358.85 6,257,677.40 08/01/1999
255999829 N/A 10/01/2008 N 6,246,484.70 6,242,439.33 08/01/1999
825999708 N/A 06/01/2016 N 6,050,836.00 6,050,836.00 08/01/1999
265999995 N/A 01/01/2009 N 6,223,751.29 6,220,379.16 08/01/1999
255999783 N/A 09/01/2008 N 5,995,957.02 5,989,340.41 08/01/1999
255999600 N/A 06/01/2008 N 5,713,161.85 5,707,340.13 08/01/1999
480000058 12/10/2008 12/10/2028 N 5,715,644.97 5,711,372.21 08/01/1999
480000059 N/A 03/10/2009 N 5,705,825.52 5,702,828.43 08/01/1999
265300073 N/A 05/01/2009 N 5,492,413.90 5,489,133.52 08/01/1999
480000061 N/A 06/10/2009 N 5,485,966.23 5,483,057.61 08/01/1999
825999870 N/A 10/01/2018 N 5,428,541.53 5,420,176.31 08/01/1999
255999781 N/A 09/01/2008 N 5,376,401.09 5,370,468.16 08/01/1999
255999950 N/A 01/01/2009 N 5,376,703.62 5,373,670.58 08/01/1999
265999999 N/A 01/01/2014 N 5,356,389.12 5,343,234.58 08/01/1999
255999936 N/A 10/01/2008 N 5,194,639.13 5,188,984.81 08/01/1999
265300066 N/A 04/01/2009 N 5,189,463.98 5,186,629.19 08/01/1999
265300010 N/A 04/01/2009 N 5,184,451.07 5,179,960.06 08/01/1999
480000069 12/10/2008 12/10/2028 N 5,144,080.46 5,140,234.98 08/01/1999
255999917 N/A 10/01/2008 N 5,120,000.00 5,120,000.00 08/01/1999
480000071 N/A 02/10/2009 N 5,069,348.23 5,064,133.30 08/01/1999
480000072 12/10/2008 12/10/2028 N 5,069,528.57 5,065,738.82 08/01/1999
480000073 N/A 12/10/2008 N 5,018,137.82 5,015,725.47 08/01/1999
245114243 N/A 03/01/2020 N 5,004,022.78 4,996,493.93 08/01/1999
255999833 N/A 11/01/2008 N 4,962,146.71 4,957,938.06 08/01/1999
255999780 N/A 09/01/2008 N 4,928,779.43 4,923,340.46 08/01/1999
265999981 N/A 12/01/2008 N 4,925,211.07 4,922,301.16 08/01/1999
255999948 N/A 10/01/2008 N 4,743,705.57 4,737,847.20 08/01/1999
480000079 N/A 03/10/2009 N 4,428,997.46 4,426,671.05 08/01/1999
255999726 N/A 07/01/2008 N 4,405,496.87 4,397,826.82 08/01/1999
480000081 N/A 05/10/2009 N 4,394,790.94 4,392,634.99 08/01/1999
265300033 N/A 03/01/2009 N 4,364,775.71 4,362,652.56 08/01/1999
480000083 N/A 02/10/2009 N 4,323,855.85 4,319,407.82 08/01/1999
480000084 12/10/2008 12/10/2028 N 4,324,009.68 4,320,777.24 08/01/1999
265999978 N/A 12/01/2008 N 4,300,000.00 4,300,000.00 08/01/1999
480000086 N/A 12/10/2008 N 4,256,017.04 4,253,898.85 08/01/1999
825999709 N/A 06/01/2016 N 4,107,234.14 4,107,234.14 08/01/1999
265300029 N/A 04/01/2009 N 4,147,100.30 4,143,337.94 08/01/1999
245114242 N/A 03/01/2020 N 4,099,258.05 4,093,090.48 08/01/1999
265300040 N/A 03/01/2009 N 4,100,121.89 4,096,805.12 08/01/1999
480000091 N/A 01/10/2009 N 4,083,849.57 4,081,845.41 08/01/1999
825999748 N/A 08/01/2020 N 4,075,781.60 4,071,029.09 08/01/1999
255999954 N/A 11/01/2008 N 4,075,547.01 4,073,021.65 08/01/1999
480000094 N/A 03/10/2009 N 4,069,889.56 4,067,751.78 08/01/1999
825999697 N/A 06/01/2016 N 3,923,875.47 3,923,875.47 08/01/1999
265300000 N/A 04/01/2009 N 3,942,437.52 3,940,449.53 08/01/1999
265300034 N/A 04/01/2009 N 3,805,809.16 3,799,879.49 08/01/1999
265300044 N/A 04/01/2009 N 3,742,837.49 3,740,956.58 08/01/1999
480000099 N/A 11/10/2008 N 3,656,088.70 3,654,256.10 08/01/1999
480000100 N/A 05/10/2009 N 3,645,923.99 3,644,269.84 08/01/1999
245114332 N/A 05/01/2008 N 3,586,690.91 3,580,506.36 08/01/1999
265300058 N/A 04/01/2009 N 3,593,650.62 3,592,043.65 08/01/1999
480000103 N/A 06/10/2009 N 3,497,745.27 3,496,271.84 08/01/1999
255999931 N/A 10/01/2008 N 3,475,666.05 3,473,331.00 08/01/1999
480000105 N/A 11/10/2008 N 3,427,079.16 3,424,622.43 08/01/1999
480000106 N/A 05/10/2009 N 3,291,150.10 3,289,563.48 08/01/1999
255999965 N/A 11/01/2023 N 3,269,360.34 3,265,918.51 08/01/1999
255999563 N/A 05/01/2008 N 3,191,473.68 3,189,327.28 08/01/1999
825999678 N/A 06/01/2016 N 3,071,257.67 3,071,257.67 08/01/1999
480000110 N/A 08/10/2013 N 3,087,291.80 3,077,058.71 08/01/1999
825999696 N/A 06/01/2016 N 2,988,746.27 2,988,746.27 08/01/1999
255999804 N/A 08/01/2008 N 3,073,712.35 3,071,615.62 08/01/1999
825999591 N/A 06/01/2020 N 3,038,623.93 3,034,896.48 08/01/1999
265300069 N/A 04/01/2009 N 2,992,304.71 2,990,186.58 08/01/1999
480000115 N/A 02/10/2009 N 2,989,779.89 2,988,363.21 08/01/1999
480000116 N/A 02/10/2009 N 2,929,471.20 2,927,958.83 08/01/1999
265999979 N/A 11/01/2008 N 2,925,179.56 2,923,758.12 08/01/1999
255999650 N/A 08/01/2013 N 2,800,106.00 2,794,810.87 08/01/1999
825999914 N/A 11/01/2018 N 2,793,879.59 2,787,968.75 08/01/1999
265300074 N/A 04/01/2009 N 2,794,273.50 2,792,727.14 08/01/1999
480000121 N/A 06/10/2009 N 2,777,957.40 2,776,484.55 08/01/1999
825999588 N/A 06/01/2020 N 2,757,987.15 2,754,603.96 08/01/1999
245114238 N/A 03/01/2020 N 2,695,750.17 2,691,694.26 08/01/1999
265300081 N/A 05/01/2009 N 2,695,622.79 2,693,701.71 08/01/1999
825999906 N/A 09/01/2018 N 2,661,157.98 2,655,473.34 08/01/1999
25-5999947 N/A 11/01/2008 N 2,658,093.17 2,653,098.48 08/01/1999
825999874 N/A 12/01/2013 N 2,636,052.31 2,630,226.08 08/01/1999
265999982 N/A 02/01/2009 N 2,635,285.39 2,632,856.05 08/01/1999
255999933 N/A 12/01/2008 N 2,608,949.33 2,607,583.27 08/01/1999
255999782 N/A 09/01/2008 N 2,593,834.37 2,590,972.04 08/01/1999
265300008 N/A 02/01/2009 N 2,589,821.24 2,588,276.30 08/01/1999
825114249 N/A 12/01/2018 N 2,553,757.91 2,548,656.50 08/01/1999
265300041 N/A 04/01/2009 N 2,555,384.76 2,554,204.15 08/01/1999
825114317 N/A 01/01/2019 N 2,550,776.78 2,548,014.94 08/01/1999
825999895 N/A 10/01/2018 N 2,539,628.93 2,534,245.67 08/01/1999
265300013 N/A 02/01/2009 N 2,535,267.03 2,532,796.35 08/01/1999
825999574 N/A 06/01/2020 N 2,522,130.61 2,519,248.96 08/01/1999
265300064 N/A 04/01/2009 N 2,517,888.02 2,516,512.60 07/01/1999
265300062 N/A 04/01/2009 N 2,515,175.31 2,513,907.02 08/01/1999
265300028 N/A 03/01/2009 N 2,513,303.53 2,511,859.74 08/01/1999
265300055 N/A 03/01/2009 N 2,493,788.89 2,492,474.60 08/01/1999
245114237 N/A 03/01/2020 N 2,450,770.75 2,447,083.43 08/01/1999
265300032 N/A 03/01/2009 N 2,444,274.41 2,443,085.45 08/01/1999
265300017 N/A 02/01/2009 N 2,443,537.54 2,442,113.44 08/01/1999
825999929 N/A 08/01/2018 N 2,409,256.53 2,404,567.45 08/01/1999
265300035 N/A 03/01/2009 N 2,391,536.68 2,389,660.28 08/01/1999
825999592 N/A 06/01/2020 N 2,380,107.03 2,377,387.64 08/01/1999
480000148 N/A 04/10/2009 N 2,304,709.59 2,303,596.55 08/01/1999
265999990 N/A 12/01/2008 N 2,264,540.19 2,263,354.47 08/01/1999
245114239 N/A 03/01/2020 N 2,254,591.93 2,251,199.76 08/01/1999
255999890 N/A 11/01/2008 N 2,228,355.63 2,225,904.43 08/01/1999
265999998 N/A 01/01/2009 N 2,190,252.13 2,188,966.90 08/01/1999
265300019 N/A 02/01/2009 N 2,163,488.73 2,161,626.80 08/01/1999
265300047 N/A 04/01/2009 N 2,146,086.13 2,145,080.33 08/01/1999
255999651 N/A 08/01/2013 N 2,104,974.75 2,100,994.14 08/01/1999
480000156 N/A 03/10/2009 N 2,095,489.90 2,094,580.23 08/01/1999
255999966 N/A 12/01/2008 N 2,088,252.38 2,086,819.61 08/01/1999
265300022 N/A 03/01/2009 N 2,074,326.14 2,073,094.51 08/01/1999
265300014 N/A 02/01/2009 N 1,991,873.51 1,990,673.89 08/01/1999
265300020 N/A 03/01/2009 N 1,986,021.64 1,982,674.92 08/01/1999
245114188 N/A 03/01/2028 N 1,978,023.69 1,976,804.10 08/01/1999
255999988 N/A 11/01/2008 N 1,955,825.74 1,954,472.46 08/01/1999
265300051 N/A 03/01/2009 N 1,913,229.35 1,911,728.23 08/01/1999
265999993 N/A 03/01/2009 N 1,904,540.00 1,902,390.71 08/01/1999
265999991 N/A 03/01/2009 N 1,879,626.46 1,878,261.34 08/01/1999
265999975 N/A 11/01/2008 N 1,859,369.95 1,858,581.21 08/01/1999
265300026 N/A 03/01/2009 N 1,846,091.58 1,845,308.09 07/01/1999
815114264 N/A 05/01/2018 N 1,832,940.03 1,829,628.27 08/01/1999
825999776 N/A 12/01/2018 N 1,823,965.54 1,820,153.98 08/01/1999
480000170 N/A 11/10/2008 N 1,787,733.20 1,786,408.12 08/01/1999
255999603 N/A 06/01/2008 N 1,761,502.15 1,758,640.08 08/01/1999
265300049 N/A 04/01/2009 N 1,732,436.92 1,731,170.45 08/01/1999
255999951 N/A 10/01/2005 N 1,699,078.73 1,698,058.51 08/01/1999
255999856 N/A 09/01/2011 N 1,689,745.56 1,687,998.17 08/01/1999
825999949 N/A 07/01/2018 N 1,684,430.03 1,681,434.04 08/01/1999
265999977 N/A 12/01/2008 N 1,675,350.22 1,673,909.71 08/01/1999
265300065 N/A 04/01/2009 N 1,596,758.15 1,595,885.91 07/01/1999
265300039 N/A 04/01/2009 N 1,595,345.62 1,594,011.71 08/01/1999
255999846 N/A 09/01/2011 N 1,554,565.92 1,552,958.33 08/01/1999
825999797 N/A 05/01/2018 N 1,515,887.02 1,513,707.11 08/01/1999
265300063 N/A 04/01/2009 N 1,517,226.27 1,516,512.66 08/01/1999
245114240 N/A 03/01/2020 N 1,503,061.23 1,500,799.78 08/01/1999
255999850 N/A 09/01/2011 N 1,503,873.54 1,502,318.37 08/01/1999
265999983 N/A 12/01/2008 N 1,493,103.46 1,492,321.67 08/01/1999
255999848 N/A 09/01/2011 N 1,486,976.13 1,485,438.44 08/01/1999
255999987 N/A 11/01/2008 N 1,422,418.71 1,421,434.51 08/01/1999
255999859 N/A 09/01/2011 N 1,419,386.27 1,417,918.47 08/01/1999
255999727 N/A 04/01/2009 N 1,397,035.35 1,396,224.30 08/01/1999
265300056 N/A 03/01/2009 N 1,396,521.79 1,395,785.79 08/01/1999
825999800 N/A 05/01/2023 N 1,387,915.01 1,386,978.63 08/01/1999
255999852 N/A 09/01/2011 N 1,334,899.01 1,333,518.58 08/01/1999
265999994 N/A 03/01/2009 N 1,319,140.79 1,317,652.13 08/01/1999
825114352 N/A 01/01/2013 N 1,299,118.73 1,295,217.02 08/01/1999
255999843 N/A 09/01/2011 N 1,284,206.63 1,282,878.62 08/01/1999
255999838 N/A 09/01/2011 N 1,284,206.63 1,282,878.62 08/01/1999
255999839 N/A 09/01/2011 N 1,284,206.63 1,282,878.62 08/01/1999
255999860 N/A 09/01/2011 N 1,267,309.14 1,265,998.60 08/01/1999
255999847 N/A 09/01/2011 N 1,267,309.14 1,265,998.60 08/01/1999
255999842 N/A 09/01/2011 N 1,250,411.75 1,249,118.69 08/01/1999
255999844 N/A 09/01/2011 N 1,250,411.75 1,249,118.69 08/01/1999
255999849 N/A 09/01/2011 N 1,250,411.74 1,249,118.68 08/01/1999
255999841 N/A 09/01/2011 N 1,233,514.26 1,232,238.67 08/01/1999
255999837 N/A 09/01/2011 N 1,216,616.87 1,215,358.76 08/01/1999
255999855 N/A 09/01/2011 N 1,216,616.87 1,215,358.76 08/01/1999
255999845 N/A 09/01/2011 N 1,216,616.87 1,215,358.76 08/01/1999
255999836 N/A 09/01/2011 N 1,199,719.36 1,198,478.72 08/01/1999
255999858 N/A 09/01/2011 N 1,182,821.87 1,181,598.70 08/01/1999
255999851 N/A 09/01/2011 N 1,165,924.48 1,164,718.79 08/01/1999
255999857 N/A 09/01/2011 N 1,165,924.48 1,164,718.79 08/01/1999
255999840 N/A 09/01/2011 N 1,149,027.00 1,147,838.78 08/01/1999
255999853 N/A 09/01/2011 N 1,115,232.11 1,114,078.84 08/01/1999
255999854 N/A 09/01/2011 N 1,098,334.62 1,097,198.82 08/01/1999
255999830 N/A 09/01/2011 N 1,098,334.62 1,097,198.82 08/01/1999
895096319 N/A 02/01/2029 N 1,078,938.07 1,078,311.91 08/01/1999
265300027 N/A 03/01/2009 N 1,068,582.84 1,067,075.17 08/01/1999
805114051 N/A 12/01/2012 N 1,064,162.28 1,061,907.82 08/01/1999
255999970 N/A 11/01/2008 N 1,066,814.04 1,066,075.89 08/01/1999
825999672 N/A 06/01/2016 N 1,008,472.67 1,008,472.67 08/01/1999
265300054 N/A 03/01/2009 N 897,764.01 897,290.87 08/01/1999
255999986 N/A 11/01/2008 N 768,993.13 768,461.05 07/01/1999
265300031 N/A 03/01/2009 N 748,068.82 747,655.99 08/01/1999
255999969 N/A 11/01/2008 N 512,662.13 512,307.41 08/01/1999
265300012 N/A 02/01/2009 N 412,270.92 412,026.43 08/01/1999
Totals 1,178,894,479.59 1,178,002,935.95
<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
(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>
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>
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>
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>
265300064 138 0 07/01/1999 17,532.56 17,532.56 B
265300026 167 0 07/01/1999 13,806.13 13,806.13 B
265300065 177 0 07/01/1999 11,118.55 11,118.55 B
255999986 220 0 07/01/1999 5,046.19 5,046.19 B
totals 4 47,503.43 47,503.43
</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>
265300064 2,517,888.02 0.00
265300026 1,846,091.58 0.00
265300065 1,596,758.15 0.00
255999986 768,993.13 0.00
totals 6,729,730.88 0.00
<FN>
(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
** Outstanding P & I Advances include the current period advance
</FN>
</TABLE>
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
