SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant To Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 27, 1999
ACE SECURITIES CORP.
(as Depositor under the Pooling and Servicing Agreement, dated
as of June 1, 1999, providing for the issuance of Ace Securities
Corp. Home Equity Loan Pass-Through Certificates, Series 1999-LB1.
ACE SECURITIES CORP. HOME EQUITY LOAN TRUST 1999-LB1
HOME EQUITY LOAN PASS-THROUGH CERTIFICATES, SERIES 1999-LB1.
(Exact name of Registrant as specified in its Charter)
DELAWARE
(State or Other Jurisdiction of Incorporation)
333-56213-01 56-2088493
(Commission File Number) (I.R.S. Employer
Identification No.)
6525 MORRISON BOULEVARD, SUITE 318
CHARLOTTE, NORTH CAROLINA 28211
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (704) 365-0569
ITEM 5. Other Events
Attached hereto are copies of the Monthly Remittance Statements
to the Certificateholders which were derived from the monthly
information submitted by the Master Servicer of the Trust to the
Trustee.
ITEM 7. Financial Statement and Exhibits
Exhibits: (as noted in Item 5 above)
Monthly Remittance Statement to the Certificateholders dated as of
December 27, 1999.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, hereunto duly authorized.
Bankers Trust Company of California, N.A., a
part of the Deutsche Bank group, not in its
individual capacity, but solely as a duly
authorized agent of the Registrant
pursuant to the Pooling and Servicing
Agreement, dated as of June 1, 1999.
Date: January 12, 2000 By: /s/ Judy L. Gomez
Judy L. Gomez
Assistant Vice President
EXHIBIT INDEX
Document
Monthly Remittance Statement to the Certificateholders
dated as of December 27, 1999.
Ace Securities 1999-LB1
Mortgage Pass-Through Certificates
December 27, 1999 Distribution
Contents
TABLE OF CONTENTS
> Page
1. Cont
>ents 1
2. Cert
>ificate Payment Report 2
3. Coll
>ection Account Report 4
4. Cred
>it Enhancement Report 7
5. Coll
>ateral Report 8
6. Deli
>nquency Report 11
7. REO
>Report 14
8. Prep
>ayment Report 15
9. Prep
>ayment Detail Report 18
10. Real
>ized Loss Report 19
11. Real
>ized Loss Detail Report 22
12. Trig
>gers, Adj. Rate Cert. and Miscellaneous Report 23
13. Addi
>tional Certificate Report 24
Tota
>l Number of Pages
> 24
CONTACTS
Adm
>inistrator: Tiffany L. Campbell
Dir
>ect Phone Number: (714)247-6414
Add
>ress: Deutsche Bank
> 1761 E. St. Andrew Place, Santa Ana, CA 92705
Web
> Site: http://www-apps.gis.deutsche-bank.com/invr
Fac
>tor Information: (800) 735-7777
Mai
>n Phone Number: (714) 247-6000
ISSUANCE INFORMATION
Seller: Ace Securities
> Cut-Off Date:
> June 1, 1999
Certificate Insurer: MBIA Insurance Corp
>oration Closing Date:
> June 29, 1999
Servicer(s): Long Beach Mortgage
> Corp. Master Servicer First Payment Date:
> July 26, 1999
Underwriter(s): Deutsche Banc Alex
>Brown Lead Underwriter Distribution Date:
> December 27, 1999
> Record Date:
> November 30, 1999
> Page 1 of 24
> (c) COPYRIGHT 1999 Deutsche Bank
HISTORICAL DATA
> - STATEMENT 1 GROUP TOTAL
6
issue_idperiod
> t_del_0_t_del_1_t_del_2_t_del_3_t_del_4_t_del_0 t_del_1 t_del_2 t_del_
> t_del_4 t_for_0_t_for_1_t_for_2_t_for_3_t_for_4_t_for_0 t_for_1 t_for_2 t_for
>_3
DB9901 199912
> 052002022 7701368 1928396 1571631 0 426 71 18
>10 0 0 0 078738.24 1974046 0 0 0
> 2
DB9901 199911
> 050266577 7762802 2666182819335.5 0 414 59 16
>11 0 0 023868.56 266760 1089034 0 0 1
> 3
DB9901 199910
> 047392486 6194301 2311213591158.7 0 379 49 24
> 5 0 0 0 0498414.5 0 0 0 0
> 1
DB9901 199909
> 048084799 6304643 1138469 0 0 393 60 9
> 0 0 0 0498683.8 0 0 0 0 1
> 0
DB9901 199908
> 050310050 6305577722615.4 0 0 398 55 4
> 0 0 052737.28 0 0 0 0 1 0
> 0
DB9901 199907
> 034329216943689.5 0 0 0 265 5 0
> 0 052753.19 0 0 0 0 1 0 0
> 0
HISTORICAL DATA
> - STATEMENT 1 GROUP 1
6
issue_idperiod
>sub_poolt_del_0_t_del_1_t_del_2_t_del_3_t_del_4_t_del_0 t_del_1 t_del_2 t_del_
>3t_del_4 t_for_0_t_for_1_t_for_2_t_for_3_t_for_4_t_for_0 t_for_1 t_for_2 t_for
>_3
DB9901 199912
> 124493591 4008440986038.4 607868 0 159 31 8
> 2 0 0 0 0 0645955.4 0 0 0
> 0
DB9901 199911
> 124888063 3995847 1173480178679.1 0 163 25 4
> 3 0 0 0 092241.04575532.3 0 0 0
> 1
DB9901 199910
> 122139973 2658155659997.8 77425.1 0 139 17 6
> 1 0 0 0 0498414.5 0 0 0 0
> 1
DB9901 199909
> 120301401 1799708449970.6 0 0 135 16 3
> 0 0 0 0498683.8 0 0 0 0 1
> 0
DB9901 199908
> 123373059 2980240679937.5 0 0 147 22 3
> 0 0 052737.28 0 0 0 0 1 0
> 0
DB9901 199907
> 115620017900992.4 0 0 0 92 4 0
> 0 052753.19 0 0 0 0 1 0 0
> 0
HISTORICAL DATA
> - STATEMENT 1 GROUP 2
6
issue_idperiod
>sub_poolt_del_0_t_del_1_t_del_2_t_del_3_t_del_4_t_del_0 t_del_1 t_del_2 t_del_
>3t_del_4 t_for_0_t_for_1_t_for_2_t_for_3_t_for_4_t_for_0 t_for_1 t_for_2 t_for
>_3
DB9901 199912
> 227508431 3692928942358.1963763.3 0 267 40 10
> 8 0 0 0 078738.24 1328090 0 0 0
> 2
DB9901 199911
> 225378513 3766956 1492702640656.3 0 251 34 12
> 8 0 0 023868.56 174519513501.6 0 0 1
> 2
DB9901 199910
> 225252513 3536145 1651215513733.6 0 240 32 18
> 4 0 0 0 0 0 0 0 0 0
> 0
DB9901 199909
> 227783398 4504935688498.8 0 0 258 44 6
> 0 0 0 0 0 0 0 0 0 0
> 0
DB9901 199908
> 226936991 332533842677.87 0 0 251 33 1
> 0 0 0 0 0 0 0 0 0 0
> 0
DB9901 199907
> 21870919942697.14 0 0 0 173 1 0
> 0 0 0 0 0 0 0 0 0 0
> 0
HISTORICAL DATA
> - STATEMENT 1 GROUP 3
0
issue_idperiod
>sub_poolt_del_0_t_del_1_t_del_2_t_del_3_t_del_4_t_del_0 t_del_1 t_del_2 t_del_
>3t_del_4 t_for_0_t_for_1_t_for_2_t_for_3_t_for_4_t_for_0 t_for_1 t_for_2 t_for
>_3
HISTORICAL DATA
> - STATEMENT 1 GROUP 4
0
issue_idperiod
>sub_poolt_del_0_t_del_1_t_del_2_t_del_3_t_del_4_t_del_0 t_del_1 t_del_2 t_del_
>3t_del_4 t_for_0_t_for_1_t_for_2_t_for_3_t_for_4_t_for_0 t_for_1 t_for_2 t_for
>_3
>
> 20 0
t_for_4 t_bnk_0_t_bnk_1_t_bnk_2_t_bnk_3_t_bnk_4_t_bnk_0 t_bnk_1 t_bnk_2 t_bnk_3
>t_bnk_4 t_reo_0_t_reo_1_t_reo_2_t_reo_3_t_reo_4_t_reo_0 t_reo_1 t_reo_2 t_reo_
>3t_reo_4 t_del_tot_del_tot_for_tot_for_tot_bnk_tot_bnk_tot_reo_tot_reo_tot_beg
>_ba
1844130.0371139.27 0148695.3167928.7 1 1 0
>2 2 0 0 0 0 0 0 0 0
> 0 011201396 99 2052784 20431893.3 6 0 02.13E
>+08
6 222126 0148744.9 090630.28 3 0 2
>0 1 0 0 0 0 0 0 0 0
> 0 011248319 86 1379662 10461501.2 6 0 02.15E
>+08
0360434.7163802.591850.1390684.54 0 4 2 1
>1 0 0 0 0 0 0 0 0 0
> 0 0 9096673 78498414.5 1706771.9 8 0 02.16E
>+08
0352100.1101133.991880.68 0 0 3 2 1
>0 0 0 0 0 0 0 0 0 0
> 0 0 7443113 69498683.8 1545114.6 6 0 02.18E
>+08
0396455.2273941.9 0 0 0 4 3 0
>0 0 0 0 0 0 0 0 0 0
> 0 0 7028193 5952737.28 1670397.1 7 0 02.19E
>+08
056997.73 0 0 0 0 1 0 0
>0 0 0 0 0 0 0 0 0 0
> 0 0943689.5 552753.19 156997.73 1 0 0 2.2E
>+08
t_for_4 t_bnk_0_t_bnk_1_t_bnk_2_t_bnk_3_t_bnk_4_t_bnk_0 t_bnk_1 t_bnk_2 t_bnk_3
>t_bnk_4 t_reo_0_t_reo_1_t_reo_2_t_reo_3_t_reo_4_t_reo_0 t_reo_1 t_reo_2 t_reo_
>3t_reo_4 t_del_tot_del_tot_for_tot_for_tot_bnk_tot_bnk_tot_reo_tot_reo_tot_beg
>_ba
444130.03 0 056907.14167928.7 1 0 0
>1 2 0 0 0 0 0 0 0 0
> 0 0 5602346 41645955.4 4268965.9 4 0 097427
>028
2 44144.1 056925.61 090630.28 1 0 1
>0 1 0 0 0 0 0 0 0 0
> 0 0 5348006 32667773.3 3 191700 3 0 097999
>218
044158.04 56943.9 090684.54 0 1 1 0
>1 0 0 0 0 0 0 0 0 0
> 0 0 3395578 24498414.5 1191786.5 3 0 098696
>297
0 0101133.9 0 0 0 0 2 0
>0 0 0 0 0 0 0 0 0 0
> 0 0 2249679 19498683.8 1101133.9 2 0 099520
>613
044185.5156979.96 0 0 0 1 1 0
>0 0 0 0 0 0 0 0 0 0
> 0 0 3660177 2552737.28 1101165.5 2 0 0 1E
>+08
056997.73 0 0 0 0 1 0 0
>0 0 0 0 0 0 0 0 0 0
> 0 0900992.4 452753.19 156997.73 1 0 0 1E
>+08
t_for_4 t_bnk_0_t_bnk_1_t_bnk_2_t_bnk_3_t_bnk_4_t_bnk_0 t_bnk_1 t_bnk_2 t_bnk_3
>t_bnk_4 t_reo_0_t_reo_1_t_reo_2_t_reo_3_t_reo_4_t_reo_0 t_reo_1 t_reo_2 t_reo_
>3t_reo_4 t_del_tot_del_tot_for_tot_for_tot_bnk_tot_bnk_tot_reo_tot_reo_tot_beg
>_ba
14 071139.27 091788.15 0 0 1 0
>1 0 0 0 0 0 0 0 0 0
> 0 0 5599049 58 1406829 16162927.4 2 0 01.16E
>+08
4177981.9 091819.29 0 0 2 0 1
>0 0 0 0 0 0 0 0 0 0
> 0 0 5900314 54711889.2 7269801.2 3 0 01.17E
>+08
0316276.7106858.691850.13 0 0 3 1 1
>0 0 0 0 0 0 0 0 0 0
> 0 0 5701094 54 0 0514985.4 5 0 01.17E
>+08
0352100.1 091880.68 0 0 3 0 1
>0 0 0 0 0 0 0 0 0 0
> 0 0 5193434 50 0 0443980.8 4 0 01.18E
>+08
0352269.7 216962 0 0 0 3 2 0
>0 0 0 0 0 0 0 0 0 0
> 0 0 3368016 34 0 0569231.6 5 0 01.19E
>+08
0 0 0 0 0 0 0 0 0
>0 0 0 0 0 0 0 0 0 0
> 0 042697.14 1 0 0 0 0 0 0 1.2E
>+08
t_for_4 t_bnk_0_t_bnk_1_t_bnk_2_t_bnk_3_t_bnk_4_t_bnk_0 t_bnk_1 t_bnk_2 t_bnk_3
>t_bnk_4 t_reo_0_t_reo_1_t_reo_2_t_reo_3_t_reo_4_t_reo_0 t_reo_1 t_reo_2 t_reo_
>3t_reo_4 t_del_tot_del_tot_for_tot_for_tot_bnk_tot_bnk_tot_reo_tot_reo_tot_beg
>_ba
t_for_4 t_bnk_0_t_bnk_1_t_bnk_2_t_bnk_3_t_bnk_4_t_bnk_0 t_bnk_1 t_bnk_2 t_bnk_3
>t_bnk_4 t_reo_0_t_reo_1_t_reo_2_t_reo_3_t_reo_4_t_reo_0 t_reo_1 t_reo_2 t_reo_
>3t_reo_4 t_del_tot_del_tot_for_tot_for_tot_bnk_tot_bnk_tot_reo_tot_reo_tot_beg
>_ba
16
>0 0 356.58
> 0 0 0.04886819
671324.6 7961089-4174946 4247833 0 69 3
>1 0 343.96
> 0
t_prepayt_repur
>ct_liquid_loan warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cup_down
t_end_bat_beg_lot_end_lot_sch_prt_prepayt_curt t_repurct_liquidt_prepayt_repur
>ct_liquidt_prepayt_curr_st_del_sft_curr_wt_curr_wt_curr_wt_wamm warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cpool_reareo_bookt_del_1_2_bal_p
2.12E+08 1720 1704112643.1 1592934 9609.82 0 0 16
>0 0 2043.8961555.0627365.98204862471941919419407990 356344.47986.7929
>260.0614610.150455 0.093590.0348930.010436 0 0 0.045488797
2.13E+08 1728 1720112893.1 108317310352.46 0 0 8
>0 0 714.363030.81 26392.9205499751947689019465623 356345.53435.7928
>260.0614680.1504990.0936190.0347650.010433 0 0 0.048868189
2.15E+08 1741 1728112223.3 136210511351.38 0 0 13
>0 0 1628.8566828.1323214.62207086081962809519616973 356346.56884.7928
>310.0614760.1505110.0936440.0347960.010423 0 0 0.039631147
2.16E+08 1786 1741110124.2 1713151-4234314 4247833 0 14 3
>1 0 644.4467326.5723481.51208982141980851719797075 356347.48963.7928
>360.0615350.1506110.0937790.0106980.010698 0 0 0.034442498
2.18E+08 1769 1758111962.9 123540610026.16 0 0 11
>0 0 1299.9567288.9224084.74210273171993083319919320 356355.48322.8473
>990.0615750.1506350.0937860.0106940.010694 0 0 0.032248384
2.19E+08 1776 1769 111478974320.218028.05 0 0 7
>0 0 2762.74 77082.914750.68211332252003122220019651 357356.49331.8428
>060.0615830.1506470.0937390.0106960.010696 0 0 0.004303253
>
> 0 0.05305844
306823.8 2655478-2026920 2155685 0 23 1
>2 0
> 0
t_prepayt_repur
>ct_liquid_loan warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cup_down
t_end_bat_beg_lot_end_lot_sch_prt_prepayt_curt t_repurct_liquidt_prepayt_repur
>ct_liquidt_prepayt_curr_st_del_sft_curr_wt_curr_wt_curr_wt_wamm warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cpool_reareo_bookt_del_1_2_bal_p
97067970 607 60551632.29304927.2 2497.98 0 0 2
>0 0 675.527685.1612909.44 9331803 8844668 8839553 356 343.96 6.
>820.0619940.1504820.0930230.0337830.010798 0 0 0.051453414
97427028 610 60751566.77516296.1 4327.73 0 0 3
>0 0 027888.4912944.52 9367002 8877006 8871861 356 344.98 5.
>820.061983 0.150520.0930480.0336580.010793 0 0 0.053058444
97999218 615 610 51406.2641649.9 4022.9 0 0 5
>0 0 1008.9530500.2510623.21 9436845 8943363 8938289 356 346.02 4.
>820.0619810.1505750.0931210.0339250.010778 0 0 0.033858976
98696297 633 61550318.37664429.6-2046117 2155685 0 6 1
>2 0 532.2531815.91 9651.01 9532287 9034684 9029459 356 346.93 3.
>820.0620380.1508190.0934280.0111020.011102 0 0 0.022793952
99520613 617 61151063.07452012.1 2419.26 0 0 6
>0 0 538.8130344.3911333.16 9581089 9080959 9075707 356 355.38 2.
>880.0620660.1508450.0934430.0110970.011097 0 0 0.036778079
1E+08 618 61750837.1176162.92 5929.81 0 0 1
>0 0 034799.73 6933.2 9596148 9095353 9090095 357 356.39 1.
>870.0620720.1508720.0934670.0111120.011112 0 0 0.009007572
>
> 0 0.04534834
364500.8 5305611-2148027 2092148 0 46 1
>9 0
> 0
t_prepayt_repur
>ct_liquid_loan warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cup_down
t_end_bat_beg_lot_end_lot_sch_prt_prepayt_curt t_repurct_liquidt_prepayt_repur
>ct_liquidt_prepayt_curr_st_del_sft_curr_wt_curr_wt_curr_wt_wamm warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cpool_reareo_bookt_del_1_2_bal_p
1.15E+08 1113 109961010.83 1288007 7111.84 0 0 14
>0 0 1368.39 33869.914456.54111544431057452610568437 356 344.92 6.
>770.0610140.1504320.0940670.0358250.010132 0 0 0.040437878
1.16E+08 1118 111361326.36566876.5 6024.73 0 0 5
>0 0 714.335142.3213448.38111829721059988410593761 356 346 5.
>770.0610350.150482 0.09410.0356950.010131 0 0 0.04534834
1.17E+08 1126 111860817.11720455.3 7328.48 0 0 8
>0 0 619.936327.8812591.41112717631068473210678683 356 347.03 4.
>770.0610510.1504580.0940840.0355280.010125 0 0 0.044481767
1.17E+08 1153 112659805.81 1048721-2188197 2092148 0 8 1
>9 0 112.1935510.66 13830.5113659271077383310767616 356 347.96 3.
>770.0611120.1504350.0940730.0103590.010359 0 0 0.04423472
1.18E+08 1152 114760899.78783394.2 7606.9 0 0 5
>0 0 761.1436944.5312751.58114462271084987410843612 356 355.57 2.
>820.0611640.1504590.0940730.0103570.010357 0 0 0.028441571
1.19E+08 1158 115260640.89898157.312098.24 0 0 6
>0 0 2762.7442283.17 7817.48115370771093586910929556 357 356.58 1.
>820.0611750.1504590.0939650.0103510.010351 0 0 0.000357985
>
> 0 0
0 0 0 0 0 0
>0 0
> 0
t_prepayt_repur
>ct_liquid_loan warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cup_down
t_end_bat_beg_lot_end_lot_sch_prt_prepayt_curt t_repurct_liquidt_prepayt_repur
>ct_liquidt_prepayt_curr_st_del_sft_curr_wt_curr_wt_curr_wt_wamm warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cpool_reareo_bookt_del_1_2_bal_p
>
> 0 0
0 0 0 0 0 0
>0 0
> 0
t_prepayt_repur
>ct_liquid_loan warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cup_down
t_end_bat_beg_lot_end_lot_sch_prt_prepayt_curt t_repurct_liquidt_prepayt_repur
>ct_liquidt_prepayt_curr_st_del_sft_curr_wt_curr_wt_curr_wt_wamm warat was
> wa_grosswa_max_iwa_min_iwa_per_cwa_per_cpool_reareo_bookt_del_1_2_bal_p
0.00742403 0.052912820.0096970.003293 0 0.0
>97
0 0.0
>95
BankruptREO Total Total Total
>
> Total Total Total
t_del_3_4_bal_pt_del_total_bal_p t_for_tot_bnk_tot_reo_toPeriod t_end_bawac
> 1or 2 pa3+ pay 6del_totafor_totabnk_totareo_tota1MSMM (1-1MSMM3MSMM 12MSM
>M CUMSMM 1MCPR 3MCPR 12MCPR CUMCPR MIN(30,W1MPSA 3MPSA 12MPSA
0.007424026 0.0529128220.009697 0.00204 0 Dec-99211.69530.0959
>950.0341640.002336 0.03650.0035460.002226 00.0075130.9924870.006324
> 0.0061810.0865240.073301 0.0717066.7929266.3687056.326861
0.003839246 0.0527074350.0064650.002163 0 Nov-99213.41050.0957
>52 0.0050980.9949020.006462
> 0.0059150.0594890.074845 0.0687135.7928265.1346827.807994
0.002754484 0.042385630.0023220.003293 0 Oct-99214.61690.0958
>28 0.0063590.9936410.006656
> 0.0061190.0736940.077016 0.0710054.7928317.68789610.10435
0 0.0344424980.0023080.002522 0 Sep-99216.1026 0.095
>89 0.0079270.9920730.006039
> 0.0060390.0910810.070107 0.0701073.79283612.0070112.39663
0 0.0322483840.0002420.003076 0 Aug-99217.93940.0958
>85 0.0056820.994318
> 0.0050940.066094 0.059442.84739911.60608
0 0.0043032530.000241 0.00026 0 Jul-99219.29680.0958
>86 0.0045050.995495
> 0.0045050.052738 0.0527381.84280614.30906
0.00626229 0.057715710.0068540.002771 0
BankruptREO Pool 1 Pool 1 Pool 1
>
> Pool 1 Pool 1 Pool 1
t_del_3_4_bal_pt_del_total_bal_p t_for_tot_bnk_tot_reo_toPeriod t_end_bawac
> 1or 2 pa1or 2 padel_totafor_totabnk_totareo_tota1MSMM (1-1MSMM3MSMM 12MSM
>M CUMSMM 1MCPR 3MCPR 12MCPR CUMCPR MIN(30,W1MPSA 3MPSA 12MPSA
0.006262292 0.0577157060.0066550.002771 0 Dec-9997.067970.0957
>820.0344920.0014810.0359730.0041170.001551 00.0031570.9968430.005007
> 0.0046970.0372340.058456 0.054927 6.822.7297945.021994
0.001833979 0.0548924230.0068540.001968 0 Nov-9997.427030.0955
>82 0.0053150.9946850.006548
> 0.0050040.0619520.075805 0.058426 5.825.3223287.863596
0.000790058 0.0346490350.0050860.001957 0 Oct-9997.999220.0956
>15 0.0065450.9934550.006292
> 0.0049270.075778 0.07294 0.057542 4.827.8608189.497455
0 0.0227939520.0050530.001025 0 Sep-99 98.69630.0957
>82 0.0077810.9922190.004386
> 0.004386 0.089480.051384 0.051384 3.8211.712058.993704
0 0.036778079 0.000530.001017 0 Aug-9999.520610.0957
>86 0.0045450.995455
> 0.0026840.053202 0.031742 2.889.236493
0 0.0090075720.000527 0.00057 0 Jul-99100.02610.0958
>09 0.00082 0.99918
> 0.000820.009796 0.009796 1.87 2.61931
0.0084078 0.050872030.0122730.004807 0
BankruptREO Pool 2 Pool 2 Pool 2
>
> Pool 2 Pool 2 Pool 2
t_del_3_4_bal_pt_del_total_bal_p t_for_tot_bnk_tot_reo_toPeriod t_end_bawac
> 1or 2 pa3+ pay 6del_totafor_totabnk_totareo_tota1MSMM (1-1MSMM3MSMM 12MSM
>M CUMSMM 1MCPR 3MCPR 12MCPR CUMCPR MIN(30,W1MPSA 3MPSA 12MPSA
0.008407797 0.0488456750.0122730.001421 0 Dec-99114.62730.0961
>730.0338840.003056 0.036940.0030680.002792 00.0111720.9888280.007434
> 0.0074270.1261290.085644 0.085568 6.779.3152557.421512
0.005523687 0.0508720280.0061380.002326 0 Nov-99115.98350.0958
>94 0.0049150.995085 0.00639
> 0.0066760.0574140.074037 0.077232 5.774.9752227.760711
0.004405281 0.048887048 00.004416 0 Oct-99116.61770.0960
>06 0.0062020.9937980.006962
> 0.0071150.0719380.080423 0.082121 4.777.54064610.61926
0 0.04423472 00.003782 0 Sep-99117.40630.0959
>81 0.0080490.991951 0.00742
> 0.007420.0924250.085491 0.085491 3.7712.2579415.24806
0 0.028441571 00.004807 0 Aug-99118.41880.0959
>69 0.0066350.993365
> 0.0071050.076782 0.082004 2.8213.61382
0 0.000357985 0 0 0 Jul-99119.27070.0959
>49 0.0075740.992426
> 0.0075740.087196 0.087196 1.8223.95504
0 0 0 0 0
BankruptREO
t_del_3_4_bal_pt_del_total_bal_p t_for_tot_bnk_tot_reo_toPeriod t_end_bawac
> 1or 2 pa3+ pay 6del_totafor_totabnk_totareo_tota1MSMM (1-1MSMM3MSMM 12MSM
>M CUMSMM 1MCPR 3MCPR 12MCPR CUMCPR MIN(30,W1MPSA 3MPSA 12MPSA
0 0 0 0 0
BankruptREO
t_del_3_4_bal_pt_del_total_bal_p t_for_tot_bnk_tot_reo_toPeriod t_end_bawac
> 1or 2 pa3+ pay 6del_totafor_totabnk_totareo_tota1MSMM (1-1MSMM3MSMM 12MSM
>M CUMSMM 1MCPR 3MCPR 12MCPR CUMCPR MIN(30,W1MPSA 3MPSA 12MPSA
>
> Printing Pages Starting# Pages # Pag
>es
Total Total
>
> 1 1Contents 1 1
CUMPSA prep+cur1MMDR (1-MDR) 3MMDR 12MMDR CUMMDR 1MCDR 3MCDR 12MCDR
>CUMCDR 1MSDA 3MSDA 12MSDA CUMSDA loss_sev3M_loss_12M_lossCUM_loss_sever
>ity 2 2Certificate Payment Repo 2 2
> 0
8.3180031602.544 0 1 0 0 0 0
> 0 0 0 0
> 3 3Collection Account Repor 4 3
> 0
9.0086451093.525 0 1 0 0 0 0
> 0 0 0 0
> 4 4Credit Enhancement Repor 7 1
10.696881373.457 0 1 0 0 0 0
> 0 0 0 0
> 5 5Collateral Report 8 3
> 0
12.39663 1726.67 0 1 0 0 0 0
> 0 0 0 0
> 6 6Delinquency Report 11 3
> 0
12.673151245.432 0 1 0 0
> 0 0 0
> 7 7REO Report 14 1
14.30906992.3482 0 1 0 0
> 0 0 0
> 8 Foreclosure Report 0
>
> 9 8Prepayment Report 15 3
> 0
>
> 10 9Prepayment Detail Report 18 1
>
> 11 10Realized Loss Report 19 3
> 0
>
> 12 11Realized Loss Detail Rep 22 1
>
> 13 12Triggers, Adj. Rate Cert 23 1
>
> 14 Other Related Information 0
>
> 15 13Additional Certificate R 24 1
>
> 16 Historical Certificate Payment Report
>
> 17 Credit Ratings
>
> Total Total Total Number of Pages 24
Pool 1 Pool 1 Pool 1
> Pool 1 Pool 1
CUMPSA prep+cur1MMDR (1-MDR) 3MMDR 12MMDR CUMMDR 1MCDR 3MCDR 12MCDR
> CUMCDR 1MSDA 3MSDA 12MSDA CUMSDA loss_sev3M_loss_12M_lossCUM_loss_sever
>ity
6.330384307.4252 0 1 0 0 0 0
> 0 0 0 0
7.603576520.6239 0 1 0 0 0 0
> 0 0 0 0
8.594817645.6728 0 1 0 0 0 0
> 0 0 0 0
8.993704773.9971 0 1 0 0 0 0
> 0 0 0 0
6.682612454.4314 0 1 0 0
> 0 0 0
2.6193182.09273 0 1 0 0
> 0 0 0
Pool 2 Pool 2 Pool 2
> Pool 2 Pool 2
CUMPSA prep+cur1MMDR (1-MDR) 3MMDR 12MMDR CUMMDR 1MCDR 3MCDR 12MCDR
>CUMCDR 1MSDA 3MSDA 12MSDA CUMSDA loss_sev3M_loss_12M_lossCUM_loss_sever
>ity
9.9806591295.119 0 1 0 0 0 0
> 0 0 0 0
10.18894572.9012 0 1 0 0 0 0
> 0 0 0 0
12.46149727.7837 0 1 0 0 0 0
> 0 0 0 0
15.24806952.6724 0 1 0 0 0 0
> 0 0 0 0
17.67325791.0011 0 1 0 0
> 0 0 0
23.95504910.2555 0 1 0 0
> 0 0 0
CUMPSA prep+cur1MMDR (1-MDR) 3MMDR 12MMDR CUMMDR 1MCDR 3MCDR 12MCDR
>CUMCDR 1MSDA 3MSDA 12MSDA CUMSDA loss_sev3M_loss_12M_lossCUM_loss_sever
>ity
CUMPSA prep+cur1MMDR (1-MDR) 3MMDR 12MMDR CUMMDR 1MCDR 3MCDR 12MCDR
>CUMCDR 1MSDA 3MSDA 12MSDA CUMSDA loss_sev3M_loss_12M_lossCUM_loss_sever
>ity
# Pages Total # # Standard Pgs per Report
1 1
0 2 2 1
0 3 3 1
1 1 1
0 3 3 1
0 3 1 1
1 1
0 0
0 3 3 1
1 1
0 3 3 1
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