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 15, 1999
(Date of earliest event reported)
Commission File No.: 333-49129-02
LB Commercial Mortgage Trust 1999-C1
Commercial Mortgage Pass-Through Certificates
Series 1999-C1
(Exact name of registrant as specified in its charter)
New York (governing law of Pooling and Servicing Agreement)
(State of Incorporation)
52-2181984
52-2181987
52-2181988
(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 15,1999 distribution was made to holders of LB Commercial Mortgage
Trust, Mortgage Pass-Through Certificates Series 1999 - C1
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 LB Commercial Mort-
gage, Trust, Mortgage Pass-Through Certificates Series 1999- C1,
relating to the December 15, 1999 distribution.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
LB Commercial Mortgage Trust 1999-C1
Commercial Mortgage Pass-Through Certificates
Series 1999-C1
By: Norwest Bank Minnesota, N.A., as Trustee
By: /s/ Sherri Sharps, Vice President
By: Sherri Sharps, Vice President
Date: December 28, 1999
INDEX TO EXHIBITS
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Commercial Mortgage
Pass-Through Certificates, Series 1999-C1 Trust, relating to the
December 15, 1999 distribution
Norwest Bank Minnesota, N. A.
Corporate Trust Services LB Commercial Mortgage Trust
3 New York Plaza, 15th Floor Commercial Mortgage Pass-Through Certificates
New York, NY 10004 Series 1999- C1
For Additional Information, please contact
CTSLink Customer Service
(301)-816-6600
Reports Available on the World Wide Web
@ www.ctslink.com/cmbs
Payment Date: 12/15/99
Record Date: 11/30/99
TRUSTEE REPORT
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 - 15
Principal Prepayment Detail 16
Historical Detail 17
Delinquency Loan Detail 18 - 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
Lehman Brothers Inc
3 World Financial Center
New York, NY 10285
Contact: Tricia Hall
Phone Number: (212) 526-5850
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
Servicer
GMAC Commercial Mortgage
550 California Street, 12th Floor
San Francisco, CA 94104
Contact: Henry Bieber
Phone Number: (415) 835-9268
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 501773CR4 6.410000% 402,000,000.00 395,368,626.67 1,538,865.01
A-2 501773CS2 6.780000% 802,800,000.00 802,800,000.00 0.00
B 501773CT0 6.930000% 90,854,000.00 90,854,000.00 0.00
C 501773CU7 7.020000% 86,904,000.00 86,904,000.00 0.00
D 501773CV5 7.020000% 63,202,000.00 63,202,000.00 0.00
E 501773CW3 7.020000% 31,602,000.00 31,602,000.00 0.00
F 501773CY9 6.410000% 19,750,000.00 19,750,000.00 0.00
G 501773CZ6 6.410000% 29,232,000.00 29,232,000.00 0.00
H 501773DA0 6.410000% 10,270,000.00 10,270,000.00 0.00
J 501773DB8 6.410000% 22,911,000.00 22,911,000.00 0.00
K 501773DC6 6.410000% 7,900,000.00 7,900,000.00 0.00
L 501773DD4 6.410000% 2,370,000.00 2,370,000.00 0.00
M 501773DE2 6.410000% 10,271,326.00 10,271,326.00 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 1,580,066,326.00 1,573,434,952.67 1,538,865.01
</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 501773CR4 2,111,927.41 0.00 0.00 3,650,792.42
A-2 501773CS2 4,535,820.00 0.00 0.00 4,535,820.00
B 501773CT0 524,681.85 0.00 0.00 524,681.85
C 501773CU7 508,388.40 0.00 0.00 508,388.40
D 501773CV5 369,731.70 0.00 0.00 369,731.70
E 501773CW3 184,871.70 0.00 0.00 184,871.70
F 501773CY9 105,497.92 0.00 0.00 105,497.92
G 501773CZ6 156,147.60 0.00 0.00 156,147.60
H 501773DA0 54,858.92 0.00 0.00 54,858.92
J 501773DB8 122,382.93 0.00 0.00 122,382.93
K 501773DC6 42,199.17 0.00 0.00 42,199.17
L 501773DD4 12,659.75 0.00 0.00 12,659.75
M 501773DE2 54,866.00 0.00 0.00 54,866.00
R-I N/A 0.00 0.00 0.00 0.00
R-II N/A 89.45 0.00 0.00 89.45
R-III N/A 0.00 0.00 0.00 0.00
Totals 8,784,122.80 0.00 0.00 10,322,987.81
</TABLE>
<TABLE>
<CAPTION>
Current
Subordination
Class CUSIP Ending Balance Level(1)
<S> <C> <C> <C>
A-1 501773CR4 393,829,761.66 23.87%
A-2 501773CS2 802,800,000.00 23.87%
B 501773CT0 90,854,000.00 18.09%
C 501773CU7 86,904,000.00 12.56%
D 501773CV5 63,202,000.00 8.54%
E 501773CW3 31,602,000.00 6.53%
F 501773CY9 19,750,000.00 5.28%
G 501773CZ6 29,232,000.00 3.42%
H 501773DA0 10,270,000.00 2.76%
J 501773DB8 22,911,000.00 1.31%
K 501773DC6 7,900,000.00 0.80%
L 501773DD4 2,370,000.00 0.65%
M 501773DE2 10,271,326.00 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 1,571,896,087.66
</TABLE>
<TABLE>
Original Beginning
Pass-Through Notional Notional
Class CUSIP Rate Amount Amount
<S> <C> <C> <C> <C>
X 501773CX1 0.691629% 1,580,066,326.00 1,573,434,952.67
</TABLE>
<TABLE>
<CAPTION>
Ending
Interest Prepayment Total Notional
Class CUSIP Distribution Penalties Distribution Amount
<S> <C> <C> <C> <C> <C>
X 501773CX1 906,861.67 0.00 906,861.67 1,571,896,087.66
<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 501773CR4 983.50404644 3.82802241 5.25355077
A-2 501773CS2 1000.00000000 0.00000000 5.65000000
B 501773CT0 1000.00000000 0.00000000 5.77500000
C 501773CU7 1000.00000000 0.00000000 5.85000000
D 501773CV5 1000.00000000 0.00000000 5.85000000
E 501773CW3 1000.00000000 0.00000000 5.85000000
F 501773CY9 1000.00000000 0.00000000 5.34166684
G 501773CZ6 1000.00000000 0.00000000 5.34166667
H 501773DA0 1000.00000000 0.00000000 5.34166699
J 501773DB8 1000.00000000 0.00000000 5.34166688
K 501773DC6 1000.00000000 0.00000000 5.34166709
L 501773DD4 1000.00000000 0.00000000 5.34166667
M 501773DE2 1000.00000000 0.00000000 5.34166669
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 501773CR4 0.00000000 0.00000000 979.67602403
A-2 501773CS2 0.00000000 0.00000000 1000.00000000
B 501773CT0 0.00000000 0.00000000 1000.00000000
C 501773CU7 0.00000000 0.00000000 1000.00000000
D 501773CV5 0.00000000 0.00000000 1000.00000000
E 501773CW3 0.00000000 0.00000000 1000.00000000
F 501773CY9 0.00000000 0.00000000 1000.00000000
G 501773CZ6 0.00000000 0.00000000 1000.00000000
H 501773DA0 0.00000000 0.00000000 1000.00000000
J 501773DB8 0.00000000 0.00000000 1000.00000000
K 501773DC6 0.00000000 0.00000000 1000.00000000
L 501773DD4 0.00000000 0.00000000 1000.00000000
M 501773DE2 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>
X 501773CX1 995.80310445 0.57393899 0.00000000 994.82918014
</TABLE>
<TABLE>
<CAPTION>
Reconciliation Detail
Advance Summary
<S> <C>
P & I Advances Outstanding 961,621.78
Servicing Advances Outstanding 40.83
Reimbursement for Interest on P & I 0.00
Advances paid from general collections
Reimbursement for Interest on Servicing 0.00
Advances paid from general collections
</TABLE>
<TABLE>
<CAPTION>
Servicing Fee Summary
<S> <C>
Current Period Accrued Master Servicing Fees 137,537.90
Less Master Servicing Fees on Delinquent Payments 14,330.27
Less Reductions to Master Servicing Fees 0.00
Plus Master Servicing Fees for Delinquent Payments Received 15,575.01
Plus Adjustments for Prior Master Servicing Calculation 0.00
Total Master Servicing Fees Collected 138,782.64
</TABLE>
<TABLE>
<CAPTION>
Certificate Interest Reconciliation
Class Accrued Net Aggregate Distributable Distributable
Certificate Prepayment Certificate Certificate
Interest Interest Shortfall Interest Interest
Adjustment
<S> <C> <C> <C> <C>
A-1 2,111,927.41 0.00 2,111,927.41 0.00
A-2 4,535,820.00 0.00 4,535,820.00 0.00
X 906,861.67 0.00 906,861.67 0.00
B 524,681.85 0.00 524,681.85 0.00
C 508,388.40 0.00 508,388.40 0.00
D 369,731.70 0.00 369,731.70 0.00
E 184,871.70 0.00 184,871.70 0.00
F 105,497.92 0.00 105,497.92 0.00
G 156,147.60 0.00 156,147.60 0.00
H 54,858.92 0.00 54,858.92 0.00
J 122,382.93 0.00 122,382.93 0.00
K 42,199.17 0.00 42,199.17 0.00
L 12,659.75 0.00 12,659.75 0.00
M 54,866.00 0.00 54,866.00 0.00
Totals 9,690,895.02 0.00 9,690,895.02 0.00
</TABLE>
<TABLE>
<CAPTION>
Additional ARD Total Unpaid
Trust Fund Interest Additional Interest Distributable
Class Expenses Distribution Interest Distribution Certificate Interest
<S> <C> <C> <C> <C> <C>
A-1 0.00 2,111,927.41 0.00 2,111,927.41 0.00
A-2 0.00 4,535,820.00 0.00 4,535,820.00 0.00
X 0.00 906,861.67 0.00 906,861.67 0.00
B 0.00 524,681.85 0.00 524,681.85 0.00
C 0.00 508,388.40 0.00 508,388.40 0.00
D 0.00 369,731.70 0.00 369,731.70 0.00
E 0.00 184,871.70 0.00 184,871.70 0.00
F 0.00 105,497.92 0.00 105,497.92 0.00
G 0.00 156,147.60 0.00 156,147.60 0.00
H 0.00 54,858.92 0.00 54,858.92 0.00
J 0.00 122,382.93 0.00 122,382.93 0.00
K 0.00 42,199.17 0.00 42,199.17 0.00
L 0.00 12,659.75 0.00 12,659.75 0.00
M 0.00 54,866.00 0.00 54,866.00 0.00
Totals 0.00 9,690,895.02 0.00 9,690,895.02 0.00
</TABLE>
<TABLE>
<CAPTION>
Other Required Information
<S> <C>
Available Distribution Amount 11,229,849.48
Aggregate Number of Outstanding Loans 195
Aggregate Unpaid Principal Balance of Loans 1,572,041,376.06
Aggregate Stated Principal Balance of Loans 1,571,910,610.70
Aggregate Amount of Servicing Fee 138,782.64
Aggregate Amount of Special Servicing Fee 0.00
Aggregate Amount of Trustee Fee 2,622.42
Aggregate Trust Fund Expenses 0.00
Deposit into the Interest Reserve Account 0.00
Withdrawal into the Interest Reserve Account 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 23.75%
Class A-2 23.75%
Class B 18.00%
Class C 12.50%
Class D 8.50%
Class E 6.50%
Class F 5.25%
Class G 3.40%
Class H 2.75%
Class J 1.30%
Class K 0.80%
Class L 0.65%
</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 501773CR4 AAA X Aaa X
A-2 501773CS2 AAA X Aaa X
X 501773CX1 AAA X Aaa X
B 501773CT0 AA X Aa2 X
C 501773CU7 A X A2 X
D 501773CV5 BBB X Baa2 X
E 501773CW3 BBB- X Baa3 X
F 501773CY9 NR X Ba1 X
G 501773CZ6 NR X Ba2 X
H 501773DA0 NR X Ba3 X
J 501773DB8 NR X B2 X
K 501773DC6 NR X B3 X
L 501773DD4 NR X Caa2 X
M 501773DE2 NR X NR X
</TABLE>
<TABLE>
<CAPTION>
Current Ratings(1)
Class Cusip DCR Fitch Moody's S&P
<S> <C> <C> <C> <C> <C>
A-1 501773CR4 AAA X Aaa X
A-2 501773CS2 AAA X Aaa X
X 501773CX1 AAA X Aaa X
B 501773CT0 AA X Aa2 X
C 501773CU7 A X A2 X
D 501773CV5 BBB X Baa2 X
E 501773CW3 BBB- X Baa3 X
F 501773CY9 NR X Ba1 X
G 501773CZ6 NR X Ba2 X
H 501773DA0 NR X Ba3 X
J 501773DB8 NR X B2 X
K 501773DC6 NR X B3 X
L 501773DD4 NR X Caa2 X
M 501773DE2 NR X 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 2,000,000 47 69,053,132.25 4.39 130 7.7779 1.380664
2,000,001 to 4,000,000 64 184,208,398.86 11.72 121 7.5760 1.346855
4,000,001 to 6,000,000 30 146,163,911.25 9.30 99 7.7418 1.349622
6,000,001 to 8,000,000 15 106,440,208.51 6.77 109 7.6841 1.285379
8,000,001 to 10,000,000 10 87,356,277.73 5.56 95 7.5562 1.336567
10,000,001 to 12,000,000 5 54,418,074.75 3.46 83 7.9762 1.320118
12,000,001 to 14,000,000 4 51,214,856.49 3.26 104 7.6066 1.377802
14,000,001 to 16,000,000 3 45,915,839.35 2.92 105 7.4302 1.265379
16,000,001 to 20,000,000 2 36,770,799.42 2.34 136 7.5864 1.498993
20,000,001 to 24,000,000 3 67,024,527.92 4.26 112 7.6972 1.364621
24,000,001 to 30,000,000 5 132,944,177.43 8.46 116 7.5847 1.540338
30,000,001 to 50,000,000 2 82,524,259.59 5.25 112 7.2264 1.822279
50,000,001 to 75,000,000 2 126,616,082.53 8.05 111 7.0888 1.613971
75,000,001 to 100,000,000 1 89,235,488.24 5.68 109 7.0000 1.668510
100,000,001 to 140,000,000 1 138,439,508.20 8.81 111 7.3300 1.786670
140,000,001 and greater 1 153,585,068.18 9.77 112 7.4380 2.115120
Totals 195 1,571,910,610.70 100.00 111 7.4978 1.546900
</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 1 1,692,305.55 0.11 76 8.0500 1.294260
Arizona 7 32,658,180.58 2.08 101 7.3044 1.323277
California 32 238,065,298.30 15.14 106 7.5998 1.617935
Colorado 3 11,364,800.04 0.72 89 7.4111 1.767028
Connecticut 1 3,751,603.28 0.24 103 7.0800 1.414960
Florida 17 89,943,758.26 5.72 104 7.7320 1.335899
Georgia 5 16,640,262.97 1.06 135 7.4354 1.345442
Hawaii 1 23,175,866.96 1.47 111 7.8100 1.301300
Idaho 1 3,608,392.71 0.23 112 7.4380 2.115120
Illinois 10 70,150,694.31 4.46 134 7.4906 1.647970
Indiana 10 33,708,925.81 2.14 107 7.7446 1.345134
Kansas 3 4,105,493.10 0.26 132 7.5427 1.477424
Kentucky 1 5,593,265.56 0.36 107 7.0000 1.432310
Louisiana 4 11,914,929.69 0.76 174 7.4410 1.283958
Maine 1 1,015,890.00 0.06 111 7.8200 1.287300
Maryland 2 15,431,677.86 0.98 113 7.8102 1.444900
Massachusetts 2 34,991,317.54 2.23 112 7.7224 1.396615
Michigan 19 102,202,642.94 6.50 128 7.4223 1.505118
Minnesota 4 14,055,780.47 0.89 107 8.3101 1.354651
Mississippi 1 2,981,165.12 0.19 109 8.2800 1.315460
Montana 1 1,575,817.05 0.10 112 7.4380 2.115120
Nevada 3 29,470,416.90 1.87 79 7.9220 1.426199
New Jersey 4 16,991,231.50 1.08 93 7.9100 1.258055
New York 11 194,615,326.74 12.38 108 7.4213 1.667188
North Carolina 7 18,031,686.42 1.15 155 7.4715 1.303229
North Dakota 2 3,924,554.12 0.25 169 7.3092 1.307365
Ohio 10 35,160,473.58 2.24 113 7.3384 1.425203
Oklahoma 7 181,496,539.01 11.55 106 7.0649 1.630493
Oregon 6 14,570,598.41 0.93 112 7.4380 2.115120
Pennsylvania 8 37,875,937.69 2.41 80 7.5692 1.316871
Puerto Rico 1 15,767,320.76 1.00 108 7.4000 1.262850
South Carolina 1 1,672,812.32 0.11 232 6.8300 NAP
Tennessee 2 12,371,161.95 0.79 167 7.6625 1.254928
Texas 30 123,288,379.92 7.84 99 7.7205 1.282076
Utah 1 31,059,582.37 1.98 112 7.4380 2.115120
Vermont 1 2,063,428.30 0.13 105 7.2200 1.429510
Virginia 7 23,181,643.31 1.47 140 7.7842 1.478945
Washington 4 56,135,627.90 3.57 112 7.4380 2.115120
Washington, DC 1 3,500,994.80 0.22 111 7.7600 1.279070
West Virginia 1 52,104,826.61 3.31 110 7.1800 1.538010
Totals 233 1,571,910,610.70 100.00 111 7.4978 1.546900
</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>
6.75% or Less 8 27,150,465.80 1.73 144 6.6695 1.346455
6.76% to 7.000% 12 131,255,110.77 8.35 121 6.9761 1.609011
7.001% to 7.250% 24 285,946,400.14 18.19 113 7.0817 1.648883
7.251% to 7.500% 39 559,623,105.37 35.60 113 7.4069 1.686842
7.501% to 7.750% 30 183,589,999.23 11.68 104 7.6672 1.343093
7.751% to8.000% 29 187,255,856.12 11.91 106 7.8488 1.375202
8.000% to 8.250% 31 116,654,697.28 7.42 99 8.1356 1.319447
8.251% to 8.500% 10 17,955,483.70 1.14 110 8.3682 1.342661
8.501% to 8.750% 9 47,031,245.13 2.99 107 8.6411 1.400801
8.751% to 9.000% 2 13,461,962.28 0.86 82 8.7617 1.375271
9.001% or greater 1 1,986,284.88 0.13 111 9.0850 1.265270
Totals 195 1,571,910,610.70 100.00 111 7.4978 1.546900
</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 154 1,395,972,772.15 88.81 109 7.5112 1.568135
13 to 24 months 41 175,937,838.55 11.19 124 7.3913 1.357921
25 to 36 months 0 0.00 0.00 0 0.0000 0.000000
37 to 48 months 0 0.00 0.00 0 0.0000 0.000000
49 and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 195 1,571,910,610.70 100.00 111 7.4978 1.546900
</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 19 50,280,778.64 3.20 227 7.1034 NAP
Less than 1.24 20 117,906,884.96 7.50 89 7.4937 1.230406
1.25 to 1.29 45 218,245,960.03 13.88 98 7.7849 1.274870
1.30 to 1.34 44 219,876,662.20 13.99 112 7.6702 1.324088
1.35 to 1.39 18 112,694,650.00 7.17 108 7.7036 1.382057
1.40 to 1.44 15 85,134,852.98 5.42 107 7.9135 1.420536
1.45 to 1.54 16 159,043,907.19 10.12 103 7.5835 1.507096
1.55 to 1.64 11 88,229,516.22 5.61 121 7.3853 1.603972
1.65 to 1.84 3 302,186,252.36 19.22 110 7.1573 1.722292
1.85 and greater 4 218,311,146.12 13.89 111 7.3162 2.112718
Totals 195 1,571,910,610.70 100.00 111 7.4978 1.546900
</TABLE>
<TABLE>
<CAPTION>
Property Type(3)
Property # of Scheduled % of Weighted
Type Props Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Credit Lease 19 50,280,778.64 3.20 227 7.1034 NAP
Industrial 15 54,928,106.02 3.49 82 7.7969 1.306001
Lodging 24 206,459,471.25 13.13 108 7.7222 1.942182
Mixed Use 3 10,832,011.34 0.69 110 7.9463 1.442469
Multi-Family 47 216,210,330.32 13.75 89 7.4547 1.293667
Office 27 350,960,324.14 22.33 110 7.3793 1.686285
Retail 86 669,762,190.51 42.61 113 7.4977 1.458210
Self Storage 12 12,477,398.48 0.79 80 7.7539 1.385623
Totals 233 1,571,910,610.70 100.00 111 7.4978 1.546900
</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>
60 months or less 13 73,810,850.17 4.70 52 7.7685 1.271284
61 to 84 months 24 137,845,803.59 8.77 75 7.7959 1.327783
85 to 108 months 53 237,315,206.65 15.10 103 7.4675 1.349082
109 to 120 months 76 997,948,743.86 63.49 111 7.4568 1.656300
121 to 168 months 6 39,506,787.28 2.51 161 7.4959 1.452246
169 to 228 months 7 45,765,727.93 2.91 195 7.4322 1.312432
229 to 240 months 2 5,365,547.09 0.34 229 7.7795 NAP
241 months or greater 1 4,773,946.83 0.30 242 7.3600 NAP
Totals 182 1,542,332,613.40 98.12 108 7.5047 1.547127
</TABLE>
<TABLE>
<CAPTION>
Remaining Stated Term (Fully Amortizing Loans) (4)
Stated # of Scheduled % of Weighted
Remaining Term(2) Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
180 months or less 1 956,822.44 0.06 156 6.5000 NAP
181 to 228 months 6 17,501,748.65 1.11 224 7.0583 NAP
229 to 264 months 5 8,327,593.83 0.53 231 7.2537 NAP
265 to 276 months 0 0.00 0.00 0 0.0000 0.000000
277 to 300 months 1 2,791,832.38 0.18 283 7.4900 1.423510
301 to 336 months 0 0.00 0.00 0 0.0000 0.000000
337 to 348 months 0 0.00 0.00 0 0.0000 0.000000
349 months or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 13 29,577,997.30 1.88 229 7.1360 1.423510
</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 2 2,399,568.52 0.15 138 7.4636 1.776253
229 to 264 months 9 188,554,060.47 12.00 127 7.4040 2.039551
265 to 276 months 0 0.00 0.00 0 0.0000 0.000000
277 to 300 months 40 300,772,241.33 19.13 110 7.6930 1.558152
301 to 336 months 9 96,126,183.89 6.12 101 7.7531 1.345224
337 to 348 months 53 298,258,520.43 18.97 109 7.3700 1.462405
349 months or greater 69 656,222,038.76 41.75 103 7.4724 1.481956
Totals 182 1,542,332,613.40 98.12 108 7.5047 1.547127
</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 173 1,494,801,663.77 95.09 107 7.5061 1.548317
1 year or less 22 77,108,946.93 4.91 187 7.3368 1.467947
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 195 1,571,910,610.70 100.00 111 7.4978 1.546900
<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 ommission 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 the
related mortgage loan as disclosed in the offering document.
(4) The Ammortization Terms for ODCR number 69 and 99 are stratified by includ-
ing their Interest Only Periods.
</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>
520000001 1 LO Various VAR 953,506.63 247,676.37 7.438%
520000196 2 OF Uniondale NY 846,679.50 171,051.92 7.330%
520000003 3 RT Tulsa OK 520,994.05 77,777.95 7.000%
520000004 4 RT Oklahoma City OK 436,574.00 63,663.00 7.025%
520000005 5 RT Parkersburg WV 312,021.60 43,630.40 7.180%
520000006 6 RT Portage MI 276,609.06 34,961.94 7.400%
520000007 7 OF Sacramento CA 220,757.16 32,568.84 7.020%
520000008 8 RT Carmel CA 179,370.37 22,409.63 7.450%
180000832 9 OF Boston MA 186,818.99 25,197.82 7.770%
520000010 10 OF Lisle IL 151,044.39 22,283.61 7.020%
180000807 11 RT Paradise NV 164,425.65 18,216.41 7.850%
450000012 12 RT Forsyth IL 159,359.46 27,307.50 7.850%
180000791 13 OF Honolulu HI 150,946.55 16,944.60 7.810%
180000856 14 OF Various CA 141,094.23 17,021.26 7.540%
180000840 15 RT Hialeah FL 138,198.02 15,682.07 7.740%
180000835 16 RT Staten Island NY 123,574.36 14,069.04 7.730%
450000017 17 RT Various VAR 109,072.26 14,709.44 7.430%
180000750 18 RT Trujillo Alto PR 97,310.61 12,777.78 7.400%
180000830 19 MF West Palm Beach FL 97,680.18 12,122.74 7.470%
180000236 20 RT Garfield MI 89,545.67 12,732.60 7.420%
180000824 21 RT Los Angeles CA 90,200.85 11,963.52 8.120%
180000070 22 RT Denton TX 87,259.85 10,410.35 8.060%
450000023 23 MF Fort Pierce FL 76,659.56 11,317.68 7.120%
450000024 24 OF Melville NY 70,799.88 10,271.37 7.070%
180000816 25 MF Houston TX 70,933.01 8,777.44 7.500%
180000811 26 LO Los Gatos CA 81,297.79 10,858.40 8.760%
520000027 27 MF Houston TX 70,741.78 8,329.42 7.650%
180000834 28 LO Miami Beach FL 74,977.17 10,591.31 8.530%
180000773 29 MF Bath PA 64,072.96 8,218.54 7.440%
180000817 30 MF South Bend IN 62,724.09 7,608.67 7.560%
180000819 31 MF Houston TX 57,244.19 7,083.54 7.500%
180000836 32 RT Conyers GA 55,967.83 6,899.86 7.490%
450000033 33 LO Rochester MN 63,752.42 8,731.07 8.670%
450000034 34 MF Tempe AZ 51,970.19 8,218.09 7.090%
180000829 35 OF Baltimore MD 54,919.41 6,335.85 7.690%
450000036 36 LO Birmingham MI 55,647.28 9,636.47 7.943%
180000305 37 RT Rockwall TX 49,329.69 7,678.44 7.080%
180000621 38 MF Monroeville PA 46,423.05 11,613.52 6.750%
180000756 39 RT San Diego CA 52,591.92 6,153.88 7.750%
180000591 40 RT Twinsburg OH 45,967.59 7,374.62 6.890%
180000821 41 MF Norman OK 49,777.55 6,159.61 7.500%
450000042 42 RT Glendale AZ 50,146.36 6,613.56 7.627%
180000068 43 RT Mesquite TX 53,799.60 6,143.57 8.200%
180000826 44 MF Saginaw MI 50,411.61 5,857.76 7.690%
180000676 45 RT Grand Prairie TX 50,601.75 6,006.04 7.750%
180000792 46 MF Fayetteville NC 43,807.13 5,942.23 7.240%
180000825 47 RT Gaithersburg MD 45,589.99 4,847.49 7.960%
180000745 48 RT Torrance CA 49,289.08 4,378.41 8.625%
180000751 49 IN Randolph NJ 42,576.21 5,480.74 7.460%
180000820 50 MF Norman OK 41,688.70 5,158.67 7.500%
450000051 51 RT Farragut TN 37,699.17 5,398.55 7.296%
180000831 52 IN Smyrna TN 41,357.11 4,266.02 8.030%
180000790 53 OF Quincy MA 38,555.98 4,795.35 7.500%
450000054 54 RT Indianapolis IN 40,834.99 4,107.27 8.130%
450000055 55 MF Yuma AZ 34,366.97 8,200.39 6.950%
180000787 56 RT New Braunfels TX 37,798.72 4,458.36 7.660%
180000801 57 IN Crenshaw PA 39,465.36 6,188.40 8.210%
180000812 58 LO Truckee CA 41,614.99 5,715.20 8.660%
180000800 59 IN Tracy CA 38,378.53 6,017.98 8.210%
450000060 60 SS various VAR 36,604.59 6,387.27 7.835%
180000743 61 OF Hebron KY 32,656.16 4,933.44 7.000%
180000537 62 MF Houston TX 33,082.42 4,657.86 7.300%
180000732 63 MU Rancho Cucamonga CA 34,198.24 3,776.42 7.950%
180000195 64 MF Fort Worth TX 32,383.29 4,275.06 7.669%
180000782 65 RT Cascade MI 29,268.76 4,274.76 7.050%
180000814 66 MF Ceres CA 31,194.66 3,834.57 7.520%
180000781 67 OF Columbus OH 31,097.28 3,897.69 7.510%
180000652 68 OF Wheaton VA 28,837.76 4,393.79 6.990%
160000738 69 OT San Diego CA 28,848.93 0.00 7.100%
520000070 70 OT Newport News VA 29,317.20 6,032.20 7.360%
180000802 71 IN Volney NY 31,993.43 5,016.76 8.210%
450000072 72 MF Dallas TX 30,451.09 3,221.95 7.975%
180000798 73 RT Irondequoit NY 29,530.83 3,392.35 7.740%
180000786 74 LO Virginia Beach VA 32,376.59 4,436.61 8.690%
180000838 75 RT Hobart IN 29,554.00 3,038.56 8.040%
450000076 76 RT Sunrise FL 29,035.04 3,097.37 7.950%
450000077 77 RT Chambersburg PA 28,689.26 3,167.99 7.860%
180000828 78 IN Carteret NJ 28,306.98 3,067.28 7.880%
180000823 79 MF Sacramento CA 26,755.44 3,310.78 7.500%
180000752 80 RT Queensbury NY 28,083.66 3,139.11 7.890%
180000827 81 MU Santa Barbara CA 27,998.53 2,892.81 8.025%
180000772 82 OF Chicago IL 27,669.06 3,002.78 7.950%
180000833 83 RT Lake Forest CA 28,104.04 2,697.89 8.250%
180000837 84 RT Novato CA 26,113.90 3,032.67 7.670%
450000085 85 MF Dallas TX 26,146.40 2,842.49 7.870%
180000808 86 RT Piqua OH 25,779.52 2,932.27 7.770%
450000087 87 MF Palmdale CA 23,157.33 5,318.30 7.080%
450000088 88 OF Phoenix AZ 23,016.35 3,452.14 7.066%
160000747 89 OT Riverview MI 21,135.45 6,960.59 6.530%
180000640 90 IN Berkeley CA 21,225.46 5,449.81 6.640%
520000091 91 OT Land O' Lakes FL 21,736.76 8,361.01 6.910%
180000785 92 LO Chesapeake VA 27,340.23 3,746.47 8.690%
180000524 93 IN Branford CT 22,154.12 3,331.87 7.080%
450000094 94 RT Englewood CO 21,659.37 3,238.36 7.102%
180000810 95 RT Glendale AZ 23,062.78 2,653.47 7.720%
180000734 96 RT Cleveland OH 22,316.50 2,855.22 7.500%
160000766 97 OT Baton Rouge LA 20,098.55 6,356.66 6.890%
180000799 98 MF Washington DC 22,656.49 2,585.55 7.760%
160000737 99 OT Cincinnati OH 20,708.33 0.00 7.100%
450000100 100 MF Westland MI 18,793.89 3,168.12 6.710%
180000511 101 RT East Hempfield PA 20,336.39 2,880.67 7.260%
180000692 102 OF Torrance CA 19,043.15 2,713.72 7.206%
160000796 103 OT Arlington TX 21,312.51 4,555.14 8.190%
160000765 104 OT Shreveport (Pines) LA 17,303.21 5,127.34 6.730%
180000768 105 RT Orlando FL 19,892.79 2,315.99 7.750%
180000767 106 RT Melbourne FL 19,689.37 2,986.62 7.750%
450000107 107 RT Decatur IL 20,545.11 2,131.65 8.245%
450000108 108 RT Horn Lake MS 20,583.96 2,017.34 8.280%
450000109 109 MF Dallas TX 18,193.83 2,424.29 7.325%
180000451 110 RT Monroe NJ 19,944.57 2,153.48 8.170%
160000763 111 OT Waxahachie TX 16,701.98 5,086.48 6.890%
180000795 112 RT Woodbridge NJ 21,253.95 1,757.04 8.750%
450000113 113 RT Bastrop LA 20,069.36 1,966.91 8.280%
180000843 114 RT Rockwall TX 19,028.94 2,048.42 7.900%
180000757 115 RT Liberty NY 18,302.80 2,134.65 7.760%
450000116 116 RT Norcross GA 17,448.12 3,594.59 7.490%
180000776 117 MF Fort Wayne IN 17,180.10 2,225.64 7.410%
450000118 118 MF North Mankato MN 17,381.15 2,196.86 7.500%
450000119 119 RT Marshall TX 18,818.01 2,901.13 8.270%
180000731 120 OF Diamond Bar CA 16,216.63 2,238.77 7.270%
180000803 121 IN Midway NC 18,068.48 2,833.24 8.210%
180000764 122 OF Columbus OH 17,005.13 1,979.79 7.750%
180000775 123 MF Fort Wayne IN 15,952.95 2,066.66 7.410%
180000736 124 RT Marion IL 16,502.53 1,945.09 7.750%
180000809 125 OF Greenacres FL 17,356.98 1,731.66 8.170%
450000126 126 RT Indianapolis IN 17,083.31 1,663.22 8.230%
450000127 127 OF Philadelphia PA 16,873.08 1,733.12 8.150%
160000762 128 OT Waterford Township MI 14,044.63 5,195.65 6.880%
450000129 129 MF Banning CA 14,473.33 3,323.94 7.080%
180000794 130 MF Wichita KS 15,482.09 1,850.43 7.620%
450000131 131 RT Baton Rouge LA 16,502.10 1,697.66 8.130%
450000132 132 MF Arlington TX 15,970.32 1,793.88 7.875%
180000777 133 MF Marietta GA 14,344.17 1,979.25 7.220%
450000134 134 OF Boca Raton FL 17,396.03 1,484.78 8.750%
450000135 135 OF Bensenville IL 12,979.53 2,269.11 6.550%
450000136 136 SS Las Vegas NV 15,221.62 1,905.98 7.710%
180000749 137 RT Bellflower CA 17,083.77 1,437.27 8.770%
160000771 138 OT Rotterdam NY 13,523.18 3,347.46 7.210%
180000804 139 IN Lakeland FL 15,419.34 2,417.84 8.210%
180000815 140 RT Hempfield PA 15,883.76 1,416.79 8.500%
180000813 141 RT New York NY 14,919.70 2,461.07 8.010%
450000142 142 MF Buffalo NY 14,241.25 1,595.90 7.800%
450000143 143 MF Lakeland FL 14,349.93 1,609.23 7.880%
180000748 144 RT South Elgin IL 13,416.46 1,785.89 7.380%
520000145 145 IN Cincinnati OH 12,970.47 1,933.10 7.180%
450000146 146 OF Woodbridge VA 11,934.07 1,840.39 6.860%
450000147 147 MF Richmond VT 12,431.25 2,707.13 7.220%
180000761 148 RT Grand Forks ND 12,417.60 1,691.16 7.290%
520000149 149 IN Dallas TX 13,008.94 2,229.18 7.850%
450000150 150 MF Winnemucca NV 15,051.83 1,848.66 9.085%
180000784 151 IN Queensbury/Kings NY 13,276.24 1,413.00 8.010%
180000774 152 OF Chicago IL 13,430.12 2,178.84 8.130%
450000153 153 MF Bakersfield CA 11,692.54 1,734.62 7.090%
180000783 154 RT Burke VA 13,341.89 1,357.01 8.150%
450000155 155 MF Marysville OH 11,662.82 2,387.93 7.360%
180000855 156 OT Statesville NC 11,681.03 3,578.80 7.460%
180000780 157 RT Minot ND 11,506.43 1,530.65 7.330%
180000854 158 OT Mooresville NC 11,370.54 3,569.57 7.460%
450000159 159 RT Coon Rapids MN 12,072.15 2,588.92 8.130%
450000160 160 RT Missouri City TX 12,217.56 1,807.59 8.445%
450000161 161 SS Mesa AZ 10,503.96 1,506.95 7.280%
180000818 162 RT Tallassee AL 11,360.42 1,172.88 8.050%
520000163 163 OT Port Royal SC 9,540.82 3,466.35 6.830%
450000164 164 RT Houston TX 10,796.86 1,335.19 7.710%
450000165 165 IN Monrovia CA 10,959.10 1,214.89 7.900%
180000735 166 RT Southlake TX 10,114.31 1,281.33 7.530%
450000167 167 MF Brighton CO 10,623.33 1,862.91 8.020%
180000733 168 SS Vallejo CA 10,203.96 1,881.30 7.750%
180000759 169 RT Washington IN 9,967.16 1,158.66 7.770%
450000170 170 MF Various MI 10,972.14 1,532.31 8.600%
520000171 171 OT Greensboro NC 9,653.26 3,141.09 7.790%
180000779 172 MU Fort Meyers FL 9,583.48 1,123.86 7.713%
520000173 173 OT Newton NC 9,152.43 2,902.30 7.420%
520000174 174 OT Bessemer City NC 8,692.70 2,981.85 7.050%
160000739 175 OT Sterling Heights MI 8,069.78 3,561.33 6.750%
180000778 176 MF Shasta Lake CA 8,402.13 1,099.34 7.380%
450000177 177 MF Wayland MI 9,636.15 859.52 8.500%
180000789 178 RT Gainesville FL 9,119.15 918.74 8.140%
520000179 179 MF Americus GA 8,499.48 974.68 7.730%
180000758 180 IN Columbus OH 8,065.20 1,024.59 7.500%
180000760 181 RT Sparta Standish MI 8,035.30 1,441.03 7.820%
450000182 182 MF Lincoln Park MI 7,569.79 2,423.83 7.400%
520000183 183 SS Pasadena TX 8,174.01 1,285.52 8.150%
450000184 184 RT Lawrenceville GA 6,935.82 1,047.81 7.000%
450000185 185 RT Virginia Beach VA 7,384.19 2,304.95 7.530%
180000742 186 RT Houston TX 8,340.45 771.17 8.500%
450000187 187 RT Victorville CA 7,370.06 868.68 7.750%
180000770 188 RT Sunrise FL 7,956.49 1,210.81 8.380%
450000189 189 OF Philadelphia PA 7,392.22 1,207.35 8.150%
180000793 190 RT Wiscasset ME 6,627.79 1,161.50 7.820%
160000755 191 OT Miami FL 5,197.39 2,695.93 6.500%
450000192 192 MF Saugatuck MI 5,893.74 551.88 8.350%
450000193 193 MF Apache Junction AZ 5,913.74 873.50 8.400%
180000788 194 OF Overland Park FL 5,802.24 899.59 8.250%
450000195 195 MF Angleton TX 5,268.89 900.34 7.990%
Totals 9,831,144.74 1,538,865.01
</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>
520000001 04/01/2009 12/31/2020 N 153,832,744.55 153,585,068.18 12/01/1999
520000196 03/01/2009 03/01/2024 N 138,610,560.10 138,439,508.20 12/01/1999
520000003 01/01/2009 01/01/2029 N 89,313,266.19 89,235,488.24 12/01/1999
520000004 03/01/2009 03/01/2029 N 74,574,918.92 74,511,255.92 12/01/1999
520000005 N/A 02/01/2009 N 52,148,457.01 52,104,826.61 12/01/1999
520000006 06/01/2009 06/01/2029 N 44,855,523.70 44,820,561.76 12/01/1999
520000007 N/A 02/01/2009 N 37,736,266.67 37,703,697.83 12/01/1999
520000008 N/A 05/01/2009 N 28,891,872.04 28,869,462.41 12/01/1999
180000832 N/A 04/01/2009 N 28,852,354.31 28,827,156.49 12/01/1999
520000010 N/A 02/01/2009 N 25,819,553.79 25,797,270.18 12/01/1999
180000807 N/A 03/01/2006 N 25,135,131.14 25,116,914.73 12/01/1999
450000012 N/A 05/01/2014 N 24,360,681.12 24,333,373.62 12/01/1999
180000791 N/A 03/01/2009 N 23,192,811.56 23,175,866.96 12/01/1999
180000856 N/A 04/29/2009 N 22,455,314.95 22,438,293.69 12/01/1999
180000840 N/A 05/01/2009 N 21,426,049.34 21,410,367.27 12/01/1999
180000835 N/A 05/01/2009 N 19,183,600.56 19,169,531.52 12/01/1999
450000017 06/11/2013 06/11/2028 N 17,615,977.34 17,601,267.90 11/11/1999
180000750 N/A 12/01/2008 N 15,780,098.54 15,767,320.76 12/01/1999
180000830 N/A 05/01/2004 N 15,691,594.88 15,679,472.14 12/01/1999
180000236 N/A 01/01/2013 N 14,481,779.05 14,469,046.45 12/01/1999
180000824 N/A 04/01/2009 N 13,330,174.64 13,318,211.12 12/01/1999
180000070 N/A 08/01/2007 N 12,991,541.06 12,981,130.71 12/01/1999
450000023 08/11/2008 06/11/2028 N 12,920,150.36 12,908,832.68 11/11/1999
450000024 N/A 02/01/2009 N 12,016,953.35 12,006,681.98 12/01/1999
180000816 N/A 04/01/2006 N 11,349,282.36 11,340,504.92 11/01/1999
180000811 04/01/2006 01/01/2028 N 11,136,683.50 11,125,825.10 12/01/1999
520000027 N/A 04/01/2008 N 11,096,750.48 11,088,421.06 12/01/1999
180000834 N/A 05/01/2009 N 10,547,784.74 10,537,193.43 12/01/1999
180000773 N/A 02/01/2004 N 10,334,348.78 10,326,130.24 12/01/1999
180000817 N/A 04/01/2006 N 9,956,204.45 9,948,595.78 12/01/1999
180000819 N/A 04/01/2006 N 9,159,069.98 9,151,986.44 11/01/1999
180000836 N/A 05/01/2009 N 8,966,808.13 8,959,908.27 12/01/1999
450000033 N/A 04/01/2009 N 8,823,864.51 8,815,133.44 12/01/1999
450000034 N/A 01/01/2008 N 8,796,083.17 8,787,865.08 12/01/1999
180000829 N/A 05/01/2009 N 8,569,998.87 8,563,663.02 12/01/1999
450000036 07/11/2007 12/11/2023 N 8,406,992.15 8,397,355.68 11/11/1999
180000305 N/A 02/01/2008 N 8,360,964.17 8,353,285.73 12/01/1999
180000621 N/A 09/01/2008 N 8,252,987.01 8,241,373.49 12/01/1999
180000756 N/A 12/01/2005 N 8,143,264.68 8,137,110.80 12/01/1999
180000591 N/A 08/01/2008 N 8,006,396.41 7,999,021.79 12/01/1999
180000821 N/A 04/01/2006 N 7,964,408.65 7,958,249.04 12/01/1999
450000042 01/01/2008 01/01/2028 N 7,889,816.28 7,883,202.72 12/01/1999
180000068 N/A 08/01/2007 N 7,873,112.22 7,866,968.65 12/01/1999
180000826 N/A 04/01/2009 N 7,866,571.80 7,860,714.04 12/01/1999
180000676 N/A 10/01/2008 N 7,835,109.55 7,829,103.51 12/01/1999
180000792 N/A 03/01/2009 N 7,260,851.01 7,254,908.78 12/01/1999
180000825 N/A 04/01/2009 N 6,872,862.33 6,868,014.84 12/01/1999
180000745 N/A 11/01/2008 N 6,857,611.22 6,853,232.81 12/01/1999
180000751 N/A 12/01/2008 N 6,848,719.49 6,843,238.75 12/01/1999
180000820 N/A 04/01/2006 N 6,670,192.25 6,665,033.58 12/01/1999
450000051 N/A 05/01/2018 N 6,200,436.36 6,195,037.81 12/01/1999
180000831 N/A 05/01/2009 N 6,180,390.16 6,176,124.14 12/01/1999
180000790 N/A 03/01/2009 N 6,168,956.40 6,164,161.05 12/01/1999
450000054 N/A 04/01/2009 N 6,027,304.27 6,023,197.00 12/01/1999
450000055 07/11/2008 07/11/2023 N 5,933,864.83 5,925,664.44 11/11/1999
180000787 N/A 03/01/2009 N 5,921,471.21 5,917,012.85 12/01/1999
180000801 N/A 03/01/2004 N 5,768,383.57 5,762,195.17 12/01/1999
180000812 N/A 04/01/2006 N 5,766,511.55 5,760,796.35 12/01/1999
180000800 N/A 03/01/2004 N 5,609,529.65 5,603,511.67 12/01/1999
450000060 N/A 03/01/2004 N 5,606,318.07 5,599,930.80 12/01/1999
180000743 N/A 11/01/2008 N 5,598,199.00 5,593,265.56 12/01/1999
180000537 N/A 07/01/2008 N 5,438,206.10 5,433,548.24 12/01/1999
180000732 N/A 11/01/2008 N 5,161,998.70 5,158,222.28 12/01/1999
180000195 N/A 11/01/2004 N 5,066,948.82 5,062,673.76 12/01/1999
180000782 N/A 02/01/2009 N 4,981,916.08 4,977,641.32 12/01/1999
180000814 N/A 04/01/2006 N 4,977,871.33 4,974,036.76 12/01/1999
180000781 N/A 02/01/2009 N 4,968,940.09 4,965,042.40 12/01/1999
180000652 N/A 10/01/2008 N 4,950,687.94 4,946,294.15 12/01/1999
160000738 N/A 11/01/2018 N 4,875,875.68 4,875,875.68 12/01/1999
520000070 N/A 02/10/2020 N 4,779,979.03 4,773,946.83 12/10/1999
180000802 N/A 03/01/2004 N 4,676,262.76 4,671,246.00 12/01/1999
450000072 N/A 04/01/2009 N 4,581,982.78 4,578,760.83 12/01/1999
180000798 N/A 03/01/2009 N 4,578,423.57 4,575,031.22 12/01/1999
180000786 N/A 03/01/2009 N 4,470,875.86 4,466,439.25 12/01/1999
180000838 N/A 05/01/2009 N 4,411,045.50 4,408,006.94 12/01/1999
450000076 N/A 04/01/2009 N 4,382,647.12 4,379,549.75 12/01/1999
450000077 N/A 03/01/2009 N 4,380,039.28 4,376,871.29 12/01/1999
180000828 N/A 05/01/2004 N 4,310,708.15 4,307,640.87 09/01/1999
180000823 N/A 04/01/2006 N 4,280,869.67 4,277,558.89 12/01/1999
180000752 N/A 12/01/2003 N 4,271,278.70 4,268,139.59 12/01/1999
180000827 N/A 05/01/2009 N 4,186,696.29 4,183,803.48 12/01/1999
180000772 N/A 02/01/2006 N 4,176,461.69 4,173,458.91 12/01/1999
180000833 N/A 05/01/2009 N 4,087,860.09 4,085,162.20 12/01/1999
180000837 N/A 05/01/2009 N 4,085,616.44 4,082,583.77 12/01/1999
450000085 N/A 05/01/2004 N 3,986,743.90 3,983,901.41 12/01/1999
180000808 N/A 03/01/2006 N 3,981,392.92 3,978,460.65 12/01/1999
450000087 07/11/2008 07/11/2023 N 3,924,971.05 3,919,652.75 11/11/1999
450000088 N/A 09/01/2008 N 3,908,805.05 3,905,352.91 12/01/1999
160000747 N/A 11/01/2018 N 3,884,002.81 3,877,042.22 12/01/1999
180000640 N/A 10/01/2008 N 3,835,925.94 3,830,476.13 12/01/1999
520000091 N/A 07/01/2018 N 3,774,835.90 3,766,474.89 12/01/1999
180000785 N/A 03/01/2009 N 3,775,406.29 3,771,659.82 12/01/1999
180000524 N/A 07/01/2008 N 3,754,935.15 3,751,603.28 11/01/1999
450000094 N/A 08/01/2003 N 3,659,811.02 3,656,572.66 12/01/1999
180000810 N/A 04/01/2009 N 3,584,888.46 3,582,234.99 12/01/1999
180000734 N/A 11/01/2005 N 3,570,640.40 3,567,785.18 12/01/1999
160000766 N/A 12/01/2018 N 3,500,473.53 3,494,116.87 12/01/1999
180000799 N/A 03/01/2009 N 3,503,580.35 3,500,994.80 12/01/1999
160000737 N/A 11/01/2018 N 3,500,000.00 3,500,000.00 12/01/1999
450000100 09/11/2008 09/11/2028 N 3,361,053.19 3,357,885.07 11/11/1999
180000511 N/A 07/01/2008 N 3,361,387.01 3,358,506.34 12/01/1999
180000692 N/A 10/01/2008 N 3,171,378.10 3,168,664.38 12/01/1999
160000796 N/A 01/01/2019 N 3,122,712.09 3,118,156.95 12/01/1999
160000765 N/A 09/01/2018 N 3,085,267.32 3,080,139.98 12/01/1999
180000768 N/A 01/01/2009 N 3,080,174.33 3,077,858.34 12/01/1999
180000767 N/A 01/01/2009 N 3,048,676.25 3,045,689.63 12/01/1999
450000107 06/11/2013 06/11/2028 N 2,990,191.88 2,988,060.23 11/11/1999
450000108 N/A 01/01/2009 N 2,983,182.46 2,981,165.12 12/01/1999
450000109 N/A 02/01/2009 N 2,980,558.85 2,978,134.56 12/01/1999
180000451 N/A 05/01/2008 N 2,929,435.61 2,927,282.13 12/01/1999
160000763 N/A 10/01/2018 N 2,908,907.21 2,903,820.73 12/01/1999
180000795 N/A 03/01/2009 N 2,914,826.79 2,913,069.75 11/01/1999
450000113 N/A 01/01/2009 N 2,908,602.87 2,906,635.96 12/01/1999
180000843 N/A 02/01/2008 N 2,890,472.29 2,888,423.87 12/01/1999
180000757 N/A 12/01/2005 N 2,830,330.22 2,828,195.57 12/01/1999
450000116 N/A 07/01/2023 N 2,795,426.97 2,791,832.38 12/01/1999
180000776 N/A 02/01/2009 N 2,782,202.92 2,779,977.28 12/01/1999
450000118 01/11/2006 01/11/2029 N 2,780,984.48 2,778,787.62 11/11/1999
450000119 N/A 03/01/2009 N 2,730,545.67 2,727,644.54 12/01/1999
180000731 N/A 11/01/2008 N 2,676,748.11 2,674,509.34 12/01/1999
180000803 N/A 03/01/2004 N 2,640,946.70 2,638,113.46 12/01/1999
180000764 N/A 01/01/2006 N 2,633,052.30 2,631,072.51 12/01/1999
180000775 N/A 02/01/2009 N 2,583,474.20 2,581,407.54 12/01/1999
180000736 N/A 11/01/2008 N 2,555,230.78 2,553,285.69 12/01/1999
180000809 N/A 03/01/2009 N 2,549,372.36 2,547,640.70 12/01/1999
450000126 N/A 04/01/2009 N 2,490,883.17 2,489,219.95 12/01/1999
450000127 N/A 12/01/2005 N 2,484,380.10 2,482,646.98 11/01/1999
160000762 N/A 12/01/2018 N 2,449,645.00 2,444,449.35 12/01/1999
450000129 07/11/2008 07/11/2023 N 2,453,106.89 2,449,782.95 11/11/1999
180000794 N/A 03/01/2009 N 2,438,124.03 2,436,273.60 12/01/1999
450000131 N/A 01/01/2009 N 2,435,734.54 2,434,036.88 12/01/1999
450000132 N/A 12/01/2008 N 2,433,573.27 2,431,779.39 12/01/1999
180000777 N/A 02/01/2006 N 2,384,073.06 2,382,093.81 12/01/1999
450000134 N/A 11/01/2008 N 2,385,741.71 2,384,256.93 12/01/1999
450000135 N/A 12/01/2008 N 2,377,929.52 2,375,660.41 12/01/1999
450000136 N/A 03/01/2008 N 2,369,123.27 2,367,217.29 12/01/1999
180000749 N/A 12/01/2008 N 2,337,574.45 2,336,137.18 12/01/1999
160000771 N/A 01/01/2019 N 2,250,737.60 2,247,390.14 12/01/1999
180000804 N/A 03/01/2004 N 2,253,740.24 2,251,322.40 12/01/1999
180000815 N/A 04/01/2009 N 2,242,412.64 2,240,995.85 12/01/1999
180000813 N/A 04/01/2006 N 2,235,160.44 2,232,699.37 12/01/1999
450000142 N/A 04/01/2006 N 2,190,961.64 2,189,365.74 12/01/1999
450000143 N/A 12/01/2008 N 2,185,268.14 2,183,658.91 12/01/1999
180000748 N/A 11/01/2008 N 2,181,538.59 2,179,752.70 12/01/1999
520000145 N/A 03/01/2008 N 2,167,765.99 2,165,832.89 12/01/1999
450000146 N/A 03/01/2009 N 2,087,592.58 2,085,752.19 12/01/1999
450000147 09/11/2008 09/11/2023 N 2,066,135.43 2,063,428.30 11/11/1999
180000761 N/A 12/01/2013 N 2,044,048.58 2,042,357.42 12/01/1999
520000149 N/A 05/01/2009 N 1,988,627.01 1,986,397.83 12/01/1999
450000150 N/A 03/11/2009 N 1,988,133.54 1,986,284.88 11/11/1999
180000784 N/A 02/01/2009 N 1,988,950.41 1,987,537.41 11/01/1999
180000774 N/A 02/01/2009 N 1,982,305.71 1,980,126.87 12/01/1999
450000153 09/11/2008 09/11/2028 N 1,978,991.68 1,977,257.06 11/11/1999
180000783 N/A 02/01/2009 N 1,964,449.49 1,963,092.48 12/01/1999
450000155 12/11/2008 12/11/2023 N 1,901,547.28 1,899,159.35 11/11/1999
180000855 N/A 05/01/2019 N 1,878,986.81 1,875,408.01 11/01/1999
180000780 N/A 02/01/2014 N 1,883,727.35 1,882,196.70 12/01/1999
180000854 N/A 02/01/2019 N 1,829,040.95 1,825,471.38 11/01/1999
450000159 N/A 03/01/2009 N 1,781,867.87 1,779,278.95 12/01/1999
450000160 02/11/2009 02/11/2024 N 1,736,065.01 1,734,257.42 11/11/1999
450000161 N/A 05/11/2008 N 1,731,421.25 1,729,914.30 11/11/1999
180000818 N/A 04/01/2006 N 1,693,478.43 1,692,305.55 12/01/1999
520000163 N/A 04/01/2019 N 1,676,278.67 1,672,812.32 12/01/1999
450000164 N/A 05/01/2008 N 1,680,445.62 1,679,110.43 12/01/1999
450000165 N/A 01/01/2009 N 1,664,673.31 1,663,458.42 12/01/1999
180000735 N/A 11/01/2008 N 1,611,842.17 1,610,560.84 12/01/1999
450000167 07/11/2008 07/11/2023 N 1,589,525.51 1,587,662.60 11/11/1999
180000733 N/A 11/01/2008 N 1,579,968.21 1,578,086.91 12/01/1999
180000759 N/A 12/01/2008 N 1,539,329.16 1,538,170.50 12/01/1999
450000170 N/A 04/11/2009 N 1,530,995.66 1,529,463.35 11/11/1999
520000171 N/A 12/01/2017 N 1,487,023.76 1,483,882.67 11/01/1999
180000779 N/A 02/01/2009 N 1,491,109.44 1,489,985.58 12/01/1999
520000173 N/A 02/01/2019 N 1,480,177.20 1,477,274.90 11/01/1999
520000174 N/A 04/01/2019 N 1,479,609.07 1,476,627.22 11/01/1999
160000739 N/A 06/01/2017 N 1,434,627.39 1,431,066.06 12/01/1999
180000778 N/A 02/01/2006 N 1,366,200.32 1,365,100.98 12/01/1999
450000177 N/A 04/11/2009 N 1,360,396.99 1,359,537.47 11/11/1999
180000789 N/A 03/01/2009 N 1,344,346.35 1,343,427.61 12/01/1999
520000179 N/A 04/01/2009 N 1,319,452.95 1,318,478.27 12/01/1999
180000758 N/A 12/01/2008 N 1,290,432.19 1,289,407.60 12/01/1999
180000760 N/A 12/01/2013 N 1,233,037.72 1,231,596.69 12/01/1999
450000182 N/A 01/11/2009 N 1,227,533.76 1,225,109.93 11/11/1999
520000183 N/A 05/01/2009 N 1,203,534.70 1,202,249.18 11/01/1999
450000184 N/A 11/01/2008 N 1,188,998.05 1,187,950.24 12/01/1999
450000185 N/A 12/01/2013 N 1,176,763.54 1,174,458.59 12/01/1999
180000742 N/A 11/01/2008 N 1,177,475.64 1,176,704.47 12/01/1999
450000187 N/A 11/01/2008 N 1,141,171.07 1,140,302.39 12/01/1999
180000770 N/A 01/01/2009 N 1,139,354.20 1,138,143.39 12/01/1999
450000189 N/A 12/01/2005 N 1,088,425.68 1,087,218.33 12/01/1999
180000793 N/A 03/01/2009 N 1,017,051.50 1,015,890.00 12/01/1999
160000755 N/A 12/01/2012 N 959,518.37 956,822.44 12/01/1999
450000192 N/A 04/11/2009 N 847,005.22 846,453.34 11/11/1999
450000193 N/A 04/11/2009 N 844,819.64 843,946.14 11/11/1999
180000788 N/A 03/01/2009 N 843,961.76 843,062.17 12/01/1999
450000195 12/11/2008 12/11/2023 N 791,323.37 790,423.03 11/11/1999
Totals 1,573,449,475.69 1,571,910,610.70
</TABLE>
<TABLE>
<CAPTION>
Appraisal Appraisal Res. Mod.
Reduction Reduction Strat Code
Date Amount (2) (3)
<S> <C> <C> <C> <C>
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 Warranty
13- Other or TBD
(3) Modification Code
1- Maturity Date Extension
2- Amortization Change
3- Principal Write- Off
4- Combination
</FN>
</TABLE>
Principal Preayment 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>
12/15/99 0 $0.00 1 $4,307,640.87 0 $0.00 0 $0.00 0 $0.00 0 $0.00
11/15/99 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
10/15/99 1 $1,679,725.40 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
09/15/99 1 $1,683,152.63 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
08/16/99 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
07/15/99 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
</TABLE>
<TABLE>
<CAPTION>
Prepayments
Distribution Curtailments Payoff
Date # Amount # Amount
<S> <C> <C> <C> <C>
11/15/99 0 $0.00 0 $0.00
10/15/99 0 $0.00 0 $0.00
09/15/99 0 $0.00 0 $0.00
08/16/99 0 $0.00 0 $0.00
07/15/99 0 $0.00 0 $0.00
</TABLE>
<TABLE>
<CAPTION>
Rate and Maturities
Distribution Next Weighted Avg. WAM
Date Coupon Remit
<S> <C> <C> <C>
12/15/99 7.497805% 7.390910% 111
11/15/99 7.497777% 7.390883% 112
10/15/99 7.497742% 7.390849% 113
09/15/99 7.497714% 7.390822% 114
08/16/99 7.497679% 7.390788% 115
07/15/99 7.497644% 7.390753% 116
<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 Delinq. Date Advances Advances** Loan(1)
Reference
<S> <C> <C> <C> <C> <C> <C>
450000017 17 0 11/11/1999 121,946.70 121,946.70 A
450000023 23 0 11/11/1999 86,093.05 86,093.05 A
180000816 25 0 11/01/1999 78,764.67 78,764.67 B
180000819 31 0 11/01/1999 63,564.47 63,564.47 B
450000036 36 0 11/11/1999 64,057.73 64,057.73 A
450000055 55 0 11/11/1999 41,702.01 41,702.01 A
180000828 78 2 09/01/1999 62,029.64 93,044.50 2
450000087 87 0 11/11/1999 27,903.24 27,903.24 A
180000524 93 0 11/01/1999 25,173.07 25,173.07 B
450000100 100 0 11/11/1999 21,471.86 21,471.86 A
450000107 107 0 11/11/1999 22,365.28 22,365.28 A
180000795 112 0 11/01/1999 22,768.09 22,768.09 B
450000118 118 0 11/11/1999 19,172.45 19,172.45 A
450000127 127 0 11/01/1999 18,399.16 18,399.16 B
450000129 129 0 11/11/1999 17,439.53 17,439.53 A
450000147 147 0 11/11/1999 14,837.07 14,837.07 A
450000150 150 0 11/11/1999 16,610.55 16,610.55 A
180000784 151 0 11/01/1999 14,523.50 14,523.50 B
450000153 153 0 11/11/1999 13,138.56 13,138.56 A
450000155 155 0 11/11/1999 13,773.44 13,773.44 A
180000855 156 0 11/01/1999 15,165.88 15,165.88 B
180000854 158 0 11/01/1999 14,848.66 14,848.66 B
450000160 160 0 11/11/1999 13,771.97 13,771.97 A
450000161 161 0 11/11/1999 11,758.41 11,758.41 A
450000167 167 0 11/11/1999 12,254.43 12,254.43 A
450000170 170 0 11/11/1999 12,281.18 12,281.18 A
520000171 171 0 11/01/1999 12,720.00 12,720.00 B
520000173 173 0 11/01/1999 11,980.73 11,980.73 B
520000174 174 0 11/01/1999 11,600.57 11,600.57 B
450000177 177 0 11/11/1999 10,297.28 10,297.28 A
450000182 182 0 11/11/1999 9,814.60 9,814.60 A
520000183 183 0 11/01/1999 9,339.17 9,339.17 B
450000192 192 0 11/11/1999 6,322.10 6,322.10 A
450000193 193 0 11/11/1999 6,664.04 6,664.04 A
450000195 195 0 11/11/1999 6,053.83 6,053.83 A
Totals 35 930,606.92 961,621.78
</TABLE>
<TABLE>
<CAPTION>
Resolution Actual Outstanding Bank-
Loan Number Strategy Servicing Foreclosure Principal Servicing ruptcy REO
Code (2) Transfer Date Date Balance Advances Date Date
<S> <C> <C> <C> <C> <C> <C> <C>
450000017 17,615,977.34 0.00
450000023 12,920,150.36 0.00
180000816 11,349,282.36 0.00
180000819 9,159,069.98 0.00
450000036 8,406,992.15 0.00
450000055 5,933,864.83 0.00
180000828 12/08/1999 4,315,851.05 0.00
450000087 3,924,971.05 0.00
180000524 3,754,935.15 0.00
450000100 3,361,053.19 0.00
450000107 2,990,191.88 0.00
180000795 2,914,826.79 0.00
450000118 2,780,984.48 0.00
450000127 2,484,380.10 0.00
450000129 2,453,106.89 0.00
450000147 2,066,135.43 0.00
450000150 1,988,133.54 0.00
180000784 1,988,950.41 0.00
450000153 1,978,991.68 0.00
450000155 1,901,547.28 0.00
180000855 1,878,986.81 0.00
180000854 1,829,040.95 0.00
450000160 1,736,065.01 0.00
450000161 1,731,421.25 0.00
450000167 1,589,525.51 0.00
450000170 1,530,995.66 0.00
520000171 1,487,023.76 0.00
520000173 1,480,177.20 0.00
520000174 1,479,609.07 0.00
450000177 1,360,396.99 0.00
450000182 1,227,533.76 0.00
520000183 1,203,534.70 0.00
450000192 847,005.22 0.00
450000193 844,819.64 0.00
450000195 791,323.37 0.00
Totals 125,306,854.84 0.00
</TABLE>
<TABLE>
Totals By Deliquency Code
Current Outstanding Actual Outstanding
P & I P & I Principal Servicing
Advances Advances** Balance Advances
<S> <C> <C> <C> <C>
Totals for Status Code= 2 ( 1 Loans) 62,029.64 93,044.50 4,315,851.05 0.00
Totals for Status Code= A (22 Loans) 569,729.31 569,729.31 79,981,186.51 0.00
Totals for Status Code= B (12 Loans) 298,847.97 298,847.97 41,009,817.28 0.00
<CAPTION>
<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
11- Full Payoff
12- Reps and Warranty
13- Other or TBD
</FN>
</TABLE>
<TABLE>
<CAPTION>
Specially Serviced Loan Detail - Part 1
Offering Servicing Resolution
Distribution Loan Document Transfer Strategy Scheduled Property Interest Actual
Date Number Cross-Reference Date Code (1) Balance Type (2) State Rate Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
12/15/1999 180000828 78 12/08/1999 4,307,640.87 IN NJ 7.880% 4,315,851.05
</TABLE>
<TABLE>
<CAPTION>
Net Remaining
Distribution Loan Operating DSCR Note Maturity Amortization
Date Number Income Date DSCR Date Date Term
<S> <C> <C> <C> <C> <C> <C> <C>
12/15/1999 180000828 1.24286 05/01/2004 352
<FN>
(1)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
(2) Property Type Code
MF- Multi- Family
RT- Retail
HC- Health Care
IN- Industrial
WH- Warehouse
MH- Mobile Home Park
OF- Office
MU- Mixed Use
LO- Lodging
SS- Self Storage
OT- Other
</FN>
</TABLE>
<TABLE>
Specially Serviced Loan Detail - Part 2
Offering Resolution Site
Distribution Loan Document Strategy Inspection Appraisal Appraisal Other REO
Date Number Cross-Reference Code (1) Date Phase 1 Date Date Value Property Revenue
<S> <C> <C> <C> <C> <C> <C> <C> <C>
12/15/1999 180000828 78 11/01/1998 5,500,000.00
<CAPTION>
Distribution Loan
Date Number Comment
<S> <C> <C>
12/15/1999 180000828 No Comments
<FN>
(1)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
</FN>
</TABLE>
Modified Loan Detail
No Modified Loans
Liquidated Loan Detail
No Liquidated Loans this Period
