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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D. C. 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 27, 1999
NORWEST ASSET SECURITIES CORPORATION
Mortgage Pass-Through Certificates, Series 1999-20 Trust
New York (governing law of 333-65481-23 52-2189490
Pooling and Servicing Agreement) (Commission 52-2189497
(State or other File Number) IRS EIN
jurisdiction
c/o Norwest Bank Minnesota, N.A.
11000 Broken Land Parkway 21044
Columbia, Maryland (Zip Code)
(Address of principal executive offices)
Registrant's telephone number, including area code: (410) 884-2000
Former name or former address, if changed since last report)
ITEM 5. Other Events
On December 27, 1999 a distribution was made to holders of NORWEST ASSET
SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 1999-20
Trust.
ITEM 7. Financial Statements and Exhibits
(c) Exhibits furnished in accordance with Item 601(a) of
Regulation S-K
Exhibit Number Description
Monthly report distributed to holders of
EX-99.1 Mortgage Pass-Through Certificates, Series
1999-20 Trust, relating to the December 27,
1999 distribution.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NORWEST ASSET SECURITIES CORPORATION
Mortgage Pass-Through Certificates, Series 1999-20 Trust
By: Norwest Bank Minnesota, N.A., as Master Servicer
By: /s/ Sherri J. Sharps, Vice President
By: Sherri J. Sharps, Vice President
Date: 12/28/99
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through
Certificates, Series 1999-20 Trust, relating to the December
27, 1999 distribution.
<TABLE>
<CAPTION>
Norwest Asset Securities Corporation
Mortgage Pass-Through Certificates
Record Date: 11/30/99
Distribution Date: 12/27/99
NASCOR Series: 1999-20
Contact: Customer Service - SecuritiesLink
Norwest Bank Minnesota, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
Telephone: (301) 846-8130
Fax: (301) 846-8152
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest Principal
Class CUSIP Description Rate Balance Distribution Distribution
<S> <C> <C> <C> <C> <C> <C>
APO NMB9920PO STP 0.00000% 5,688,795.01 0.00 46,082.89
A-1 66937RB99 SEQ 6.75000% 130,879,284.46 736,195.98 2,731,029.34
A-2 66937RC23 SEQ 6.75000% 90,472,874.75 508,909.92 576,980.88
A-3 66937RC31 SEQ 6.75000% 19,916,393.00 112,029.71 0.00
A-4 66937RC49 SEQ 4.00000% 50,058,101.00 166,860.34 0.00
A-5 66937RC56 SEQ 6.75000% 80,962,458.00 455,413.83 0.00
A-6 66937RC64 SEQ 7.25000% 8,196,722.00 49,521.86 0.00
A-7 66937RC72 SEQ 7.00000% 20,000,000.00 116,666.67 0.00
A-8 66937RC80 SEQ 6.75000% 77,987,481.31 438,679.58 711,967.35
A-9 66937RC98 SEQ 7.25000% 24,981,882.00 150,932.20 0.00
A-10 66937RD22 PO 0.00000% 1,850,510.00 0.00 0.00
A-11 66937RD30 SEQ 7.12500% 5,000,000.00 29,687.50 0.00
A-12 66937RD48 SEQ 6.75000% 45,073,210.24 253,536.81 1,734,941.04
A-13 66937RD55 SEQ 6.75000% 93,125,000.00 523,828.13 0.00
A-14 66937RD63 SEQ 6.75000% 44,170,000.00 248,456.25 0.00
A-15 66937RD71 SEQ 7.12500% 13,226,158.00 78,530.31 0.00
A-16 66937RD89 SEQ 7.12500% 10,000,000.00 59,375.00 0.00
A-18 66937RE21 SEQ 7.25000% 16,109,600.00 97,328.83 0.00
A-17 66937RD97 IO 6.68888% 0.00 89,795.98 0.00
A-19 66937RE39 SEQ 6.75000% 15,035,000.00 84,571.88 0.00
A-20 66937RE47 SEQ 6.75000% 40,155,000.00 225,871.87 0.00
A-R 66937RE54 R 6.75000% 0.00 0.00 0.00
A-LR 66937RE62 LR 6.75000% 0.00 0.00 0.00
B-1 66937RE70 SUB 6.75000% 18,641,147.59 104,856.46 15,594.37
B-2 66937RE88 SUB 6.75000% 6,355,253.82 35,748.30 5,316.53
B-3 66937RE96 SUB 6.75000% 2,541,702.83 14,297.08 2,126.28
B-4 66937RF20 SUB 6.75000% 2,966,316.72 16,685.53 2,481.49
B-5 66937RF38 SUB 6.75000% 1,440,298.27 8,101.68 1,204.89
B-6 66937RF46 SUB 6.75000% 1,949,010.24 10,963.18 1,350.62
Totals 826,782,199.24 4,616,844.88 5,829,075.68
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<S> <C> <C> <C> <C>
APO 0.00 5,642,712.12 46,082.89 0.00
A-1 0.00 128,148,255.12 3,467,225.32 0.00
A-2 0.00 89,895,893.87 1,085,890.80 0.00
A-3 0.00 19,916,393.00 112,029.71 0.00
A-4 0.00 50,058,101.00 166,860.34 0.00
A-5 0.00 80,962,458.00 455,413.83 0.00
A-6 0.00 8,196,722.00 49,521.86 0.00
A-7 0.00 20,000,000.00 116,666.67 0.00
A-8 0.00 77,275,513.96 1,150,646.93 0.00
A-9 0.00 24,981,882.00 150,932.20 0.00
A-10 0.00 1,850,510.00 0.00 0.00
A-11 0.00 5,000,000.00 29,687.50 0.00
A-12 0.00 43,338,269.20 1,988,477.85 0.00
A-13 0.00 93,125,000.00 523,828.13 0.00
A-14 0.00 44,170,000.00 248,456.25 0.00
A-15 0.00 13,226,158.00 78,530.31 0.00
A-16 0.00 10,000,000.00 59,375.00 0.00
A-18 0.00 16,109,600.00 97,328.83 0.00
A-17 0.00 0.00 89,795.98 0.00
A-19 0.00 15,035,000.00 84,571.88 0.00
A-20 0.00 40,155,000.00 225,871.87 0.00
A-R 0.00 0.00 0.00 0.00
A-LR 0.00 0.00 0.00 0.00
B-1 0.00 18,625,553.22 120,450.83 0.00
B-2 0.00 6,349,937.30 41,064.83 0.00
B-3 0.00 2,539,576.55 16,423.36 0.00
B-4 0.00 2,963,835.22 19,167.02 0.00
B-5 0.00 1,439,093.38 9,306.57 0.00
B-6 279.84 1,947,379.79 12,313.80 1,363.90
Totals 279.84 820,952,843.73 10,445,920.56 1,363.90
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<S> <C> <C> <C> <C> <C> <C>
A-1 141,870,523.00 130,879,284.46 312,512.40 2,418,516.93 0.00 0.00
A-2 92,795,000.00 90,472,874.75 66,024.07 510,956.81 0.00 0.00
A-3 19,916,393.00 19,916,393.00 0.00 0.00 0.00 0.00
A-4 50,058,101.00 50,058,101.00 0.00 0.00 0.00 0.00
A-5 80,962,458.00 80,962,458.00 0.00 0.00 0.00 0.00
A-6 8,196,722.00 8,196,722.00 0.00 0.00 0.00 0.00
A-7 20,000,000.00 20,000,000.00 0.00 0.00 0.00 0.00
A-8 80,852,875.00 77,987,481.31 81,470.61 630,496.74 0.00 0.00
A-9 24,981,882.00 24,981,882.00 0.00 0.00 0.00 0.00
A-10 1,850,510.00 1,850,510.00 0.00 0.00 0.00 0.00
A-11 5,000,000.00 5,000,000.00 0.00 0.00 0.00 0.00
A-12 52,055,678.00 45,073,210.24 198,529.76 1,536,411.28 0.00 0.00
A-13 93,125,000.00 93,125,000.00 0.00 0.00 0.00 0.00
A-14 44,170,000.00 44,170,000.00 0.00 0.00 0.00 0.00
A-15 13,226,158.00 13,226,158.00 0.00 0.00 0.00 0.00
A-16 10,000,000.00 10,000,000.00 0.00 0.00 0.00 0.00
A-18 16,109,600.00 16,109,600.00 0.00 0.00 0.00 0.00
A-17 0.00 0.00 0.00 0.00 0.00 0.00
A-19 15,035,000.00 15,035,000.00 0.00 0.00 0.00 0.00
A-20 40,155,000.00 40,155,000.00 0.00 0.00 0.00 0.00
A-R 50.00 0.00 0.00 0.00 0.00 0.00
A-LR 50.00 0.00 0.00 0.00 0.00 0.00
B-1 18,702,000.00 18,641,147.59 15,594.37 0.00 0.00 0.00
B-2 6,376,000.00 6,355,253.82 5,316.53 0.00 0.00 0.00
B-3 2,550,000.00 2,541,702.83 2,126.28 0.00 0.00 0.00
B-4 2,976,000.00 2,966,316.72 2,481.49 0.00 0.00 0.00
B-5 1,445,000.00 1,440,298.27 1,204.89 0.00 0.00 0.00
B-6 1,955,372.62 1,949,010.24 1,350.62 0.00 0.00 279.84
Totals 844,365,372.62 821,093,404.23 686,611.02 5,096,381.76 0.00 279.84
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<S> <C> <C> <C> <C>
A-1 2,731,029.34 128,148,255.12 0.90327612 2,731,029.34
A-2 576,980.88 89,895,893.87 0.96875795 576,980.88
A-3 0.00 19,916,393.00 1.00000000 0.00
A-4 0.00 50,058,101.00 1.00000000 0.00
A-5 0.00 80,962,458.00 1.00000000 0.00
A-6 0.00 8,196,722.00 1.00000000 0.00
A-7 0.00 20,000,000.00 1.00000000 0.00
A-8 711,967.35 77,275,513.96 0.95575468 711,967.35
A-9 0.00 24,981,882.00 1.00000000 0.00
A-10 0.00 1,850,510.00 1.00000000 0.00
A-11 0.00 5,000,000.00 1.00000000 0.00
A-12 1,734,941.04 43,338,269.20 0.83253683 1,734,941.04
A-13 0.00 93,125,000.00 1.00000000 0.00
A-14 0.00 44,170,000.00 1.00000000 0.00
A-15 0.00 13,226,158.00 1.00000000 0.00
A-16 0.00 10,000,000.00 1.00000000 0.00
A-18 0.00 16,109,600.00 1.00000000 0.00
A-17 0.00 0.00 0.00000000 0.00
A-19 0.00 15,035,000.00 1.00000000 0.00
A-20 0.00 40,155,000.00 1.00000000 0.00
A-R 0.00 0.00 0.00000000 0.00
A-LR 0.00 0.00 0.00000000 0.00
B-1 15,594.37 18,625,553.22 0.99591237 15,594.37
B-2 5,316.53 6,349,937.30 0.99591237 5,316.53
B-3 2,126.28 2,539,576.55 0.99591237 2,126.28
B-4 2,481.49 2,963,835.22 0.99591237 2,481.49
B-5 1,204.89 1,439,093.38 0.99591237 1,204.89
B-6 1,630.46 1,947,379.79 0.99591238 1,350.62
Totals 5,783,272.63 815,310,131.61 0.96558926 5,782,992.79
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<S> <C> <C> <C> <C> <C>
APO 5,726,113.62 993.48273323 0.90406344 7.14378420 0.00000000
A-1 141,870,523.00 922.52627038 2.20280008 17.04735331 0.00000000
A-2 92,795,000.00 974.97575031 0.71150461 5.50629678 0.00000000
A-3 19,916,393.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-4 50,058,101.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-5 80,962,458.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-6 8,196,722.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-7 20,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-8 80,852,875.00 964.56039825 1.00764024 7.79807447 0.00000000
A-9 24,981,882.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-10 1,850,510.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-11 5,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-12 52,055,678.00 865.86539589 3.81379645 29.51476840 0.00000000
A-13 93,125,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-14 44,170,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-15 13,226,158.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-16 10,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-18 16,109,600.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-17 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A-19 15,035,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-20 40,155,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000
A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000
B-1 18,702,000.00 996.74620843 0.83383435 0.00000000 0.00000000
B-2 6,376,000.00 996.74620765 0.83383469 0.00000000 0.00000000
B-3 2,550,000.00 996.74620784 0.83383529 0.00000000 0.00000000
B-4 2,976,000.00 996.74620968 0.83383401 0.00000000 0.00000000
B-5 1,445,000.00 996.74620761 0.83383391 0.00000000 0.00000000
B-6 1,955,372.62 996.74620585 0.69072257 0.00000000 0.00000000
<FN>
(2) Per $1,000 denomination.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<S> <C> <C> <C> <C> <C>
APO 0.00000000 8.04784764 985.43488559 0.98543489 8.04784764
A-1 0.00000000 19.25015347 903.27611691 0.90327612 19.25015347
A-2 0.00000000 6.21780139 968.75794892 0.96875795 6.21780139
A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-8 0.00000000 8.80571470 955.75468355 0.95575468 8.80571470
A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-11 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-12 0.00000000 33.32856485 832.53683104 0.83253683 33.32856485
A-13 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-14 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-15 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-16 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-18 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-17 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-19 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-20 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
B-1 0.00000000 0.83383435 995.91237408 0.99591237 0.83383435
B-2 0.00000000 0.83383469 995.91237453 0.99591237 0.83383469
B-3 0.00000000 0.83383529 995.91237255 0.99591237 0.83383529
B-4 0.00000000 0.83383401 995.91237231 0.99591237 0.83383401
B-5 0.00000000 0.83383391 995.91237370 0.99591237 0.83383391
B-6 0.14311339 0.83383596 995.91237500 0.99591238 0.69072257
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class Amount Rate Balance Interest Shortfall Shortfall
<S> <C> <C> <C> <C> <C> <C>
APO 5,726,113.62 0.00000% 5,688,795.01 0.00 0.00 0.00
A-1 141,870,523.00 6.75000% 130,879,284.46 736,195.98 0.00 0.00
A-2 92,795,000.00 6.75000% 90,472,874.75 508,909.92 0.00 0.00
A-3 19,916,393.00 6.75000% 19,916,393.00 112,029.71 0.00 0.00
A-4 50,058,101.00 4.00000% 50,058,101.00 166,860.34 0.00 0.00
A-5 80,962,458.00 6.75000% 80,962,458.00 455,413.83 0.00 0.00
A-6 8,196,722.00 7.25000% 8,196,722.00 49,521.86 0.00 0.00
A-7 20,000,000.00 7.00000% 20,000,000.00 116,666.67 0.00 0.00
A-8 80,852,875.00 6.75000% 77,987,481.31 438,679.58 0.00 0.00
A-9 24,981,882.00 7.25000% 24,981,882.00 150,932.20 0.00 0.00
A-10 1,850,510.00 0.00000% 1,850,510.00 0.00 0.00 0.00
A-11 5,000,000.00 7.12500% 5,000,000.00 29,687.50 0.00 0.00
A-12 52,055,678.00 6.75000% 45,073,210.24 253,536.81 0.00 0.00
A-13 93,125,000.00 6.75000% 93,125,000.00 523,828.13 0.00 0.00
A-14 44,170,000.00 6.75000% 44,170,000.00 248,456.25 0.00 0.00
A-15 13,226,158.00 7.12500% 13,226,158.00 78,530.31 0.00 0.00
A-16 10,000,000.00 7.12500% 10,000,000.00 59,375.00 0.00 0.00
A-18 16,109,600.00 7.25000% 16,109,600.00 97,328.83 0.00 0.00
A-17 0.00 6.68888% 16,109,600.00 89,795.98 0.00 0.00
A-19 15,035,000.00 6.75000% 15,035,000.00 84,571.88 0.00 0.00
A-20 40,155,000.00 6.75000% 40,155,000.00 225,871.88 0.00 0.00
A-R 50.00 6.75000% 0.00 0.00 0.00 0.00
A-LR 50.00 6.75000% 0.00 0.00 0.00 0.00
B-1 18,702,000.00 6.75000% 18,641,147.59 104,856.46 0.00 0.00
B-2 6,376,000.00 6.75000% 6,355,253.82 35,748.30 0.00 0.00
B-3 2,550,000.00 6.75000% 2,541,702.83 14,297.08 0.00 0.00
B-4 2,976,000.00 6.75000% 2,966,316.72 16,685.53 0.00 0.00
B-5 1,445,000.00 6.75000% 1,440,298.27 8,101.68 0.00 0.00
B-6 1,955,372.62 6.75000% 1,949,010.24 10,963.18 0.00 0.00
Totals 850,091,486.24 4,616,844.89 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<S> <C> <C> <C> <C> <C>
APO 0.00 0.00 0.00 0.00 5,642,712.12
A-1 0.00 0.00 736,195.98 0.00 128,148,255.12
A-2 0.00 0.00 508,909.92 0.00 89,895,893.87
A-3 0.00 0.00 112,029.71 0.00 19,916,393.00
A-4 0.00 0.00 166,860.34 0.00 50,058,101.00
A-5 0.00 0.00 455,413.83 0.00 80,962,458.00
A-6 0.00 0.00 49,521.86 0.00 8,196,722.00
A-7 0.00 0.00 116,666.67 0.00 20,000,000.00
A-8 0.00 0.00 438,679.58 0.00 77,275,513.96
A-9 0.00 0.00 150,932.20 0.00 24,981,882.00
A-10 0.00 0.00 0.00 0.00 1,850,510.00
A-11 0.00 0.00 29,687.50 0.00 5,000,000.00
A-12 0.00 0.00 253,536.81 0.00 43,338,269.20
A-13 0.00 0.00 523,828.13 0.00 93,125,000.00
A-14 0.00 0.00 248,456.25 0.00 44,170,000.00
A-15 0.00 0.00 78,530.31 0.00 13,226,158.00
A-16 0.00 0.00 59,375.00 0.00 10,000,000.00
A-18 0.00 0.00 97,328.83 0.00 16,109,600.00
A-17 0.00 0.00 89,795.98 0.00 16,109,600.00
A-19 0.00 0.00 84,571.88 0.00 15,035,000.00
A-20 0.00 0.00 225,871.87 0.00 40,155,000.00
A-R 0.00 0.00 0.00 0.00 0.00
A-LR 0.00 0.00 0.00 0.00 0.00
B-1 0.00 0.00 104,856.46 0.00 18,625,553.22
B-2 0.00 0.00 35,748.30 0.00 6,349,937.30
B-3 0.00 0.00 14,297.08 0.00 2,539,576.55
B-4 0.00 0.00 16,685.53 0.00 2,963,835.22
B-5 0.00 0.00 8,101.68 0.00 1,439,093.38
B-6 0.00 0.00 10,963.18 0.00 1,947,379.79
Totals 0.00 0.00 4,616,844.88 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class (5) Amount Rate Balance Interest Shortfall Shortfall
<S> <C> <C> <C> <C> <C> <C>
APO 5,726,113.62 0.00000% 993.48273323 0.00000000 0.00000000 0.00000000
A-1 141,870,523.00 6.75000% 922.52627038 5.18921031 0.00000000 0.00000000
A-2 92,795,000.00 6.75000% 974.97575031 5.48423859 0.00000000 0.00000000
A-3 19,916,393.00 6.75000% 1000.00000000 5.62499997 0.00000000 0.00000000
A-4 50,058,101.00 4.00000% 1000.00000000 3.33333340 0.00000000 0.00000000
A-5 80,962,458.00 6.75000% 1000.00000000 5.62500005 0.00000000 0.00000000
A-6 8,196,722.00 7.25000% 1000.00000000 6.04166641 0.00000000 0.00000000
A-7 20,000,000.00 7.00000% 1000.00000000 5.83333350 0.00000000 0.00000000
A-8 80,852,875.00 6.75000% 964.56039825 5.42565221 0.00000000 0.00000000
A-9 24,981,882.00 7.25000% 1000.00000000 6.04166652 0.00000000 0.00000000
A-10 1,850,510.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000
A-11 5,000,000.00 7.12500% 1000.00000000 5.93750000 0.00000000 0.00000000
A-12 52,055,678.00 6.75000% 865.86539589 4.87049290 0.00000000 0.00000000
A-13 93,125,000.00 6.75000% 1000.00000000 5.62500005 0.00000000 0.00000000
A-14 44,170,000.00 6.75000% 1000.00000000 5.62500000 0.00000000 0.00000000
A-15 13,226,158.00 7.12500% 1000.00000000 5.93749976 0.00000000 0.00000000
A-16 10,000,000.00 7.12500% 1000.00000000 5.93750000 0.00000000 0.00000000
A-18 16,109,600.00 7.25000% 1000.00000000 6.04166646 0.00000000 0.00000000
A-17 0.00 6.68888% 1000.00000000 5.57406640 0.00000000 0.00000000
A-19 15,035,000.00 6.75000% 1000.00000000 5.62500033 0.00000000 0.00000000
A-20 40,155,000.00 6.75000% 1000.00000000 5.62500012 0.00000000 0.00000000
A-R 50.00 6.75000% 0.00000000 0.00000000 0.00000000 0.00000000
A-LR 50.00 6.75000% 0.00000000 0.00000000 0.00000000 0.00000000
B-1 18,702,000.00 6.75000% 996.74620843 5.60669768 0.00000000 0.00000000
B-2 6,376,000.00 6.75000% 996.74620765 5.60669699 0.00000000 0.00000000
B-3 2,550,000.00 6.75000% 996.74620784 5.60669804 0.00000000 0.00000000
B-4 2,976,000.00 6.75000% 996.74620968 5.60669691 0.00000000 0.00000000
B-5 1,445,000.00 6.75000% 996.74620761 5.60669896 0.00000000 0.00000000
B-6 1,955,372.62 6.75000% 996.74620585 5.60669608 0.00000000 0.00000000
<FN>
(5) Per $1,000 denomination.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<S> <C> <C> <C> <C> <C>
APO 0.00000000 0.00000000 0.00000000 0.00000000 985.43488559
A-1 0.00000000 0.00000000 5.18921031 0.00000000 903.27611691
A-2 0.00000000 0.00000000 5.48423859 0.00000000 968.75794892
A-3 0.00000000 0.00000000 5.62499997 0.00000000 1000.00000000
A-4 0.00000000 0.00000000 3.33333340 0.00000000 1000.00000000
A-5 0.00000000 0.00000000 5.62500005 0.00000000 1000.00000000
A-6 0.00000000 0.00000000 6.04166641 0.00000000 1000.00000000
A-7 0.00000000 0.00000000 5.83333350 0.00000000 1000.00000000
A-8 0.00000000 0.00000000 5.42565221 0.00000000 955.75468355
A-9 0.00000000 0.00000000 6.04166652 0.00000000 1000.00000000
A-10 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000
A-11 0.00000000 0.00000000 5.93750000 0.00000000 1000.00000000
A-12 0.00000000 0.00000000 4.87049290 0.00000000 832.53683104
A-13 0.00000000 0.00000000 5.62500005 0.00000000 1000.00000000
A-14 0.00000000 0.00000000 5.62500000 0.00000000 1000.00000000
A-15 0.00000000 0.00000000 5.93749976 0.00000000 1000.00000000
A-16 0.00000000 0.00000000 5.93750000 0.00000000 1000.00000000
A-18 0.00000000 0.00000000 6.04166646 0.00000000 1000.00000000
A-17 0.00000000 0.00000000 5.57406640 0.00000000 1000.00000000
A-19 0.00000000 0.00000000 5.62500033 0.00000000 1000.00000000
A-20 0.00000000 0.00000000 5.62499988 0.00000000 1000.00000000
A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
B-1 0.00000000 0.00000000 5.60669768 0.00000000 995.91237408
B-2 0.00000000 0.00000000 5.60669699 0.00000000 995.91237453
B-3 0.00000000 0.00000000 5.60669804 0.00000000 995.91237255
B-4 0.00000000 0.00000000 5.60669691 0.00000000 995.91237231
B-5 0.00000000 0.00000000 5.60669896 0.00000000 995.91237370
B-6 0.00000000 0.00000000 5.60669608 0.00000000 995.91237500
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Component Statement
Component Beginning Ending Beginning Ending Ending
Pass-Through Notional Notional Component Component Component
Class Rate Balance Balance Balance Balance Percentage
<S> <C> <C> <C> <C> <C> <C>
A-12 COMP 6.75000% 0.00 0.00 22,963,042.24 21,228,101.20 70.88909556%
A-12 COMP 6.75000% 0.00 0.00 2,507,341.00 2,507,341.00 100.00000000%
A-12 COMP 6.75000% 0.00 0.00 19,602,827.00 19,602,827.00 100.00000000%
</TABLE>
<TABLE>
<CAPTION>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<S> <C>
Beginning Balance 74,445.73
Deposits
Payments of Interest and Principal 10,673,049.82
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 0.00
Realized Losses 0.00
Total Deposits 10,673,049.82
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 180,815.94
Payment of Interest and Principal 10,447,726.03
Total Withdrawals (Pool Distribution Amount) 10,628,541.97
Ending Balance 118,953.58
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment/Curtailment Interest Shortfall 3,131.54
Servicing Fee Support 3,131.54
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 172,235.47
Master Servicing Fee 11,712.01
Supported Prepayment/Curtailment Interest Shortfall 3,131.54
Net Servicing Fee 180,815.94
</TABLE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
Financial Guaranty 0.00 0.00 805.48 0.00
Financial Guaranty 0.00 0.00 1,000.00 0.00
Reserve Fund 3,200.00 0.00 0.00 3,200.00
Reserve Fund 3,700.00 0.00 0.00 3,700.00
</TABLE>
<TABLE>
<CAPTION> CERTIFICATEHOLDER DELINQUENCY/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
Percentage Delinquent
Based On
Current Unpaid
Number Principal Number Unpaid
Of Loans Balance Of Loans Balance
<S> <C> <C> <C> <C>
30 Days 4 1,406,853.90 0.169563% 0.171368%
60 Days 0 0.00 0.000000% 0.000000%
90+ Days 0 0.00 0.000000% 0.000000%
Foreclosure 0 0.00 0.000000% 0.000000%
REO 0 0.00 0.000000% 0.000000%
Totals 4 1,406,853.90 0.169563% 0.171368%
</TABLE>
<TABLE>
<CAPTION>
OTHER INFORMATION
<S> <C>
Current Period Realized Loss - Includes Interest Shortfall 279.84
Cumulative Realized Losses - Includes Interest Shortfall 1,363.90
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 618,664.65
</TABLE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE
Current Next
Original $ Original % Current $ Current % Class% Prepayment%
<S> <C> <C> <C> <C> <C> <C> <C>
Class B-1 15,302,372.62 1.80008539% 15,239,822.24 1.85635781% 2.268773% 0.000000%
Class B-2 8,926,372.62 1.05004847% 8,889,884.94 1.08287401% 0.773484% 0.000000%
Class B-3 6,376,372.62 0.75008075% 6,350,308.39 0.77352901% 0.309345% 0.000000%
Class B-4 3,400,372.62 0.40000079% 3,386,473.17 0.41250520% 0.361024% 0.000000%
Class B-5 1,955,372.62 0.23001908% 1,947,379.79 0.23720970% 0.175295% 0.000000%
Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.237210% 0.000000%
<FN>
Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
</FN>
</TABLE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
<S> <C> Original $<C> Original % Current $<C><C> Current %
Bankruptcy 100,000.00 0.01176344% 100,000.00 0.01218097%
Fraud 17,001,829.72 2.00000000% 17,001,829.72 2.07098737%
Special Hazard 8,500,914.86 1.00000000% 8,500,914.86 1.03549369%
<FN>
Limit of Subordinate's Exposure to Certain Types of Losses
</FN>
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 30 Year
Weighted Average Gross Coupon 7.222671%
Weighted Average Net Coupon 6.703612%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity(Stepdown Calculation ) 353
Beginning Scheduled Collateral Loan Count 2,372
Number Of Loans Paid In Full 13
Ending Scheduled Collateral Loan Count 2,359
Beginning Scheduled Collateral Balance 826,782,199.24
Ending Scheduled Collateral Balance 820,952,843.73
Ending Actual Collateral Balance at 30-Nov-1999 823,970,208.02
Ending Scheduled Balance For Norwest 757,850,585.26
Ending Scheduled Balance For Other Services 63,102,258.47
Monthly P &I Constant 5,498,554.18
Class A Optimal Amount 10,228,999.63
Ending Scheduled Balance for Premium Loans 557,696,116.09
Ending scheduled Balance For discounted Loans 263,256,727.64
Unpaid Principal Balance Of Outstanding Mortgage Loans
With Original LTV:
Less Than Or Equal To 80% 718,852,656.69
Greater Than 80%, less than or equal to 85% 15,067,064.86
Greater than 85%, less than or equal to 95% 81,876,175.25
Greater than 95% 5,198,133.49
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
</TABLE>
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