COMMERCIAL MORTGAGE ACCEPTANCE CORP SERIES 1999-C1 TRUST
8-K, 1999-09-21
ASSET-BACKED SECURITIES
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                       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) September 15, 1999


         TRUST CREATED BY COMMERCIAL MORTGAGE ACCEPTANCE CORPORATION
                     (under a Pooling & Servicing Agreement
                  dated as of July 1, 1999, which Trust is
                the issuer of Commercial Mortgage Pass-Through
                          Certificates, Series 1999-C1)
            (Exact name of Registrant as specified in its Charter)





     New York                     333-51817-02                   52-2128227
(State or Other Jurisdiction      (Commission                 (I.R.S. Employer
of Formation)                      File No.)               Identification No.)

LaSalle Bank, N.A., Trustee,
Corporate Trust Department
135 S. LaSalle Street, Suite 1625
Chicago, IL                                                       60674-4107
Attention:  Asset-Backed Securities Trust Services                (Zip Code)
            CMAC Series 1999-C1
(Address of principal executive office)

Registrant's telephone number, including area code:   (800)246-5761


                         The Exhibit Index is on page 2.









                                    Page - 1
<PAGE>

ITEM 5.     OTHER EVENTS

      Attached hereto is a copy of the September 15, 1999, Monthly Remittance
Statement provided to the Certificateholders by the Trustee.


ITEM 7.     FINANCIAL STATEMENTS AND EXHIBITS

    Exhibits

    Monthly Remittance Statement to the Certificateholders dated as of
    September 15, 1999.

    Loan data ifles as of the September 1999 Determination Date

                                    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, thereunto duly authorized.


                             MIDLAND LOAN SERVICES, INC., not in its individual
                             capacity but solely as a duly authorized  agent of
                             the  Registrant  pursuant  to Section 3.20 of the
                             Pooling & Servicing Agreement dated as of July
                             1, 1999

                             By:   Midland Loan Services,  Inc.,




                              /s/ Lawrence D. Ashley

                              By: Lawrence D. Ashley
                              Title: Senior Vice President

Date: September 15, 1999


                                  EXHIBIT INDEX

                                                                   Sequential
Document                                                           Page Number

Monthly Remittance Statement to the Certificateholders                   3
dated as of September 15, 1999

Loan data file as of the September 1999 Determination Date              29


                                    Page - 2

ABN AMRO                                          Statement Date       09/15/99
LaSalle Bank N.A.                                 Payment Date:        09/15/99
Administrator:                                    Prior Payment:       08/16/99
  Kori Tilton  (800) 246-5761                     Record Date:         08/31/99
  135 S. LaSalle Street   Suite 1625
  Chicago, IL   60674-4107                        WAC:                  7.9895%
                                                  WAMM:                     165

                Commercial Mortgage Acceptance Corp., Depositor
                  Midland Loan Services, Inc., Master Servicer
            Orix Real Estate Capital Markets, LLC, Special Servicer
         Commercial Mortgage Pass-Through Certificates, Series 1999-C1
                          ABN AMRO Acct: 67-8184-70-6

Information is available for this issue from the following sources
LaSalle Web Site                           www.lnbabs.com

LaSalle Bulletin Board                     (714) 282-3990
LaSalle ASAP Fax System                    (714) 282-5518
Bloomberg                                  User Terminal

ASAP #:                                                427
Monthly Data File Name:                    0427MMYY.EXE

<TABLE>
                                   REMIC III
<CAPTION>
                          Original              Opening            Principal
Class                  Face Value (1)           Balance             Payment
CUSIP                    Per $1,000            Per $1,000         Per $1,000
<S>                   <C>                  <C>                <C>
A-1 ...............     133,500,000.00       132,933,213.34         564,637.96
201728DZ2 .........     1000.000000000        995.754407041        4.229497828
A-2 ...............     409,513,000.00       409,513,000.00               0.00
201728EA6 .........     1000.000000000       1000.000000000        0.000000000
X .................    733,801,915.00N       733,235,128.34               0.00
201728EG3 .........     1000.000000000        999.227602643        0.000000000
B .................      33,021,000.00        33,021,000.00               0.00
201728EB4 .........     1000.000000000       1000.000000000        0.000000000
C .................      34,856,000.00        34,856,000.00               0.00
201728EC2 .........     1000.000000000       1000.000000000        0.000000000
D .................      11,007,000.00        11,007,000.00               0.00
201728ED0 .........     1000.000000000       1000.000000000        0.000000000
E .................      23,848,000.00        23,848,000.00               0.00
201728EE8 .........     1000.000000000       1000.000000000        0.000000000
F .................      12,842,000.00        12,842,000.00               0.00
201728EF5 .........     1000.000000000       1000.000000000        0.000000000
G .................       1,834,000.00         1,834,000.00               0.00
201728EH1 .........     1000.000000000       1000.000000000        0.000000000
H .................      12,842,000.00        12,842,000.00               0.00
201728EJ7 .........     1000.000000000       1000.000000000        0.000000000
J .................      20,179,000.00        20,179,000.00               0.00
201728EK4 .........     1000.000000000       1000.000000000        0.000000000
K .................       5,504,000.00         5,504,000.00               0.00
201728EL2 .........     1000.000000000       1000.000000000        0.000000000
L .................       7,338,000.00         7,338,000.00               0.00
201728EM0 .........     1000.000000000       1000.000000000        0.000000000
M .................       9,172,000.00         9,172,000.00               0.00
201728EN8 .........     1000.000000000       1000.000000000        0.000000000
N .................       5,504,000.00         5,504,000.00               0.00
201728EP3 .........     1000.000000000       1000.000000000        0.000000000
O .................       3,669,000.00         3,669,000.00               0.00
201728EQ1 .........     1000.000000000       1000.000000000        0.000000000
P .................       9,172,915.00         9,172,915.00               0.00
201728ER9 .........     1000.000000000       1000.000000000        0.000000000
RIII ..............               0.00                 0.00               0.00
9ABSC620 ..........     1000.000000000          0.000000000        0.000000000
- -------------------   ----------------     ----------------   ----------------
                        733,801,915.00       733,235,128.34         564,637.96
                      ================     ================   ================
<FN>
(1) N denotes notional balance not included in total
</FN>
</TABLE>

                                    Page - 3
<PAGE>
                              REMIC III, Continued

                          Principal            Negative            Closing
Class                   Adj. or Loss         Amortization          Balance
CUSIP                    Per $1,000           Per $1,000         Per $1,000

A-1 ...............               0.00                 0.00     132,368,575.38
201728DZ2 .........        0.000000000          0.000000000      991.524909213
A-2 ...............               0.00                 0.00     409,513,000.00
201728EA6 .........        0.000000000          0.000000000     1000.000000000
X .................               0.00                 0.00     732,670,490.38
201728EG3 .........        0.000000000          0.000000000      998.458133460
B .................               0.00                 0.00      33,021,000.00
201728EB4 .........        0.000000000          0.000000000     1000.000000000
C .................               0.00                 0.00      34,856,000.00
201728EC2 .........        0.000000000          0.000000000     1000.000000000
D .................               0.00                 0.00      11,007,000.00
201728ED0 .........        0.000000000          0.000000000     1000.000000000
E .................               0.00                 0.00      23,848,000.00
201728EE8 .........        0.000000000          0.000000000     1000.000000000
F .................               0.00                 0.00      12,842,000.00
201728EF5 .........        0.000000000          0.000000000     1000.000000000
G .................               0.00                 0.00       1,834,000.00
201728EH1 .........        0.000000000          0.000000000     1000.000000000
H .................               0.00                 0.00      12,842,000.00
201728EJ7 .........        0.000000000          0.000000000     1000.000000000
J .................               0.00                 0.00      20,179,000.00
201728EK4 .........        0.000000000          0.000000000     1000.000000000
K .................               0.00                 0.00       5,504,000.00
201728EL2 .........        0.000000000          0.000000000     1000.000000000
L .................               0.00                 0.00       7,338,000.00
201728EM0 .........        0.000000000          0.000000000     1000.000000000
M .................               0.00                 0.00       9,172,000.00
201728EN8 .........        0.000000000          0.000000000     1000.000000000
N .................               0.00                 0.00       5,504,000.00
201728EP3 .........        0.000000000          0.000000000     1000.000000000
O .................               0.00                 0.00       3,669,000.00
201728EQ1 .........        0.000000000          0.000000000     1000.000000000
P .................               0.00                 0.00       9,172,915.00
201728ER9 .........        0.000000000          0.000000000     1000.000000000
RIII ..............               0.00                 0.00               0.00
9ABSC620 ..........        0.000000000          0.000000000        0.000000000
- -------------------   ----------------     ----------------   ----------------
                                  0.00                 0.00     732,670,490.38
                      ================     ================   ================

                                    Page - 4
<PAGE>
<TABLE>
                              REMIC III, Continued
<CAPTION>
                           Interest           Interest            Pass-Through
Class                      Payment            Adjustment            Rate (2)
CUSIP                     Per $1,000         Per $1,000           Next Rate (3)
<S>                         <C>            <C>                 <C>
A-1 ...............         752,180.43                 0.00         6.79000000%
201728DZ2 .........        5.634310337          0.000000000         6.79000000%
A-2 ...............       2,399,063.66                 0.00         7.03000000%
201728EA6 .........        5.858333337          0.000000000         7.03000000%
X .................         512,213.03                 0.00         0.83827904%
201728EG3 .........        0.698026292          0.000000000         0.61741469%
B .................         198,126.00                 0.00         7.20000000%
201728EB4 .........        6.000000000          0.000000000         7.20000000%
C .................         218,602.07                 0.00         7.52589188%
201728EC2 .........        6.271576486          0.000000000         7.27650200%
D .................          69,948.49                 0.00         7.62589188%
201728ED0 .........        6.354909603          0.000000000         7.37650200%
E .................         156,718.96                 0.00         7.88589188%
201728EE8 .........        6.571576652          0.000000000         7.63650200%
F .................          84,392.19                 0.00         7.88589188%
201728EF5 .........        6.571576857          0.000000000         7.63650200%
G .................          12,052.27                 0.00         7.88589188%
201728EH1 .........        6.571575791          0.000000000         7.63650200%
H .................          72,664.32                 0.00         6.79000000%
201728EJ7 .........        5.658333593          0.000000000         6.79000000%
J .................         114,179.51                 0.00         6.79000000%
201728EK4 .........        5.658333416          0.000000000         6.79000000%
K .................          31,143.47                 0.00         6.79000000%
201728EL2 .........        5.658333939          0.000000000         6.79000000%
L .................          41,520.85                 0.00         6.79000000%
201728EM0 .........        5.658333333          0.000000000         6.79000000%
M .................          51,898.23                 0.00         6.79000000%
201728EN8 .........        5.658332970          0.000000000         6.79000000%
N .................          31,143.47                 0.00         6.79000000%
201728EP3 .........        5.658333939          0.000000000         6.79000000%
O .................     20760.43000000                 0.00         6.79000000%
201728EQ1 .........               5.66          0.000000000         6.79000000%
P .................     51903.41000000                 0.00         6.79000000%
201728ER9 .........               5.66          0.000000000         6.79000000%
RIII ..............        0.000000000                 0.00               --
9ABSC620 ..........               0.00          0.000000000               --
- -------------------   ----------------     ----------------   ----------------
                          4,818,510.79                 0.00               0.00
                      ================     ================   ================
<FN>
(2)  Interest Paid minus Interest Adjustment minus Deferred Interest equals
     Accrual.
(3)  Estimated
</FN>
</TABLE>

Total P&I Payment                                                 5,383,148.75
                                                                  ============

                                    Page - 5
<PAGE>
<TABLE>
                                    REMIC II
<CAPTION>
                          Original              Opening            Principal
Class                  Face Value (1)           Balance             Payment
CUSIP                    Per $1,000            Per $1,000         Per $1,000
<S>                   <C>                  <C>                <C>
A-1-II ............     133,500,000.00       132,933,213.34         564,637.96
None ..............     1000.000000000        995.754407041        4.229497828
A-2-II ............     409,513,000.00       409,513,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
B-II ..............      33,021,000.00        33,021,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
C-II ..............      34,856,000.00        34,856,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
D-II ..............      11,007,000.00        11,007,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
E-II ..............      23,848,000.00        23,848,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
F-II ..............      12,842,000.00        12,842,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
G-II ..............       1,834,000.00         1,834,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
H-II ..............      12,842,000.00        12,842,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
J-II ..............      20,179,000.00        20,179,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
K-II ..............       5,504,000.00         5,504,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
L-II ..............       7,338,000.00         7,338,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
M-II ..............       9,172,000.00         9,172,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
N-II ..............       5,504,000.00         5,504,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
O-II ..............       3,669,000.00         3,669,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
P-II ..............       9,172,915.00         9,172,915.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
RII ...............              0.00N                 0.00               0.00
9ABSC602 ..........     1000.000000000          0.000000000        0.000000000
- -------------------   ----------------     ----------------   ----------------
                        733,801,915.00       733,235,128.34         564,637.96
                      ================     ================   ================
<FN>
(1) N denotes notional balance not included in total
</FN>
</TABLE>

                                    Page - 6
<PAGE>
                               REMIC II, Continued

                          Principal            Negative            Closing
Class                   Adj. or Loss         Amortization          Balance
CUSIP                    Per $1,000           Per $1,000         Per $1,000

A-1-II ............               0.00                 0.00     132,368,575.38
None ..............        0.000000000          0.000000000      991.524909213
A-2-II ............               0.00                 0.00     409,513,000.00
None ..............        0.000000000          0.000000000     1000.000000000
B-II ..............               0.00                 0.00      33,021,000.00
None ..............        0.000000000          0.000000000     1000.000000000
C-II ..............               0.00                 0.00      34,856,000.00
None ..............        0.000000000          0.000000000     1000.000000000
D-II ..............               0.00                 0.00      11,007,000.00
None ..............        0.000000000          0.000000000     1000.000000000
E-II ..............               0.00                 0.00      23,848,000.00
None ..............        0.000000000          0.000000000     1000.000000000
F-II ..............               0.00                 0.00      12,842,000.00
None ..............        0.000000000          0.000000000     1000.000000000
G-II ..............               0.00                 0.00       1,834,000.00
None ..............        0.000000000          0.000000000     1000.000000000
H-II ..............               0.00                 0.00      12,842,000.00
None ..............        0.000000000          0.000000000     1000.000000000
J-II ..............               0.00                 0.00      20,179,000.00
None ..............        0.000000000          0.000000000     1000.000000000
K-II ..............               0.00                 0.00       5,504,000.00
None ..............        0.000000000          0.000000000     1000.000000000
L-II ..............               0.00                 0.00       7,338,000.00
None ..............        0.000000000          0.000000000     1000.000000000
M-II ..............               0.00                 0.00       9,172,000.00
None ..............        0.000000000          0.000000000     1000.000000000
N-II ..............               0.00                 0.00       5,504,000.00
None ..............        0.000000000          0.000000000     1000.000000000
O-II ..............               0.00                 0.00       3,669,000.00
None ..............        0.000000000          0.000000000     1000.000000000
P-II ..............               0.00                 0.00       9,172,915.00
None ..............        0.000000000          0.000000000     1000.000000000
RII ...............               0.00                 0.00               0.00
9ABSC602 ..........        0.000000000          0.000000000        0.000000000
- -------------------   ----------------     ----------------   ----------------
                                  0.00                 0.00     732,670,490.38
                      ================     ================   ================

Total P&I Payment                                                 5,383,148.75
                                                                  ============

                                    Page - 7
<PAGE>
<TABLE>
                              REMIC II, Continued
<CAPTION>
                           Interest           Interest            Pass-Through
Class                      Payment            Adjustment            Rate (2)
CUSIP                     Per $1,000         Per $1,000           Next Rate (3)
<S>                         <C>            <C>                 <C>
A-1-II ............         873,580.79                 0.00         7.88589188%
None ..............        6.543676330          0.000000000         7.63650200%
A-2-II ............       2,691,146.03                 0.00         7.88589188%
None ..............        6.571576556          0.000000000         7.63650200%
B-II ..............         217,000.03                 0.00         7.88589188%
None ..............        6.571576572          0.000000000         7.63650200%
C-II ..............         229,058.87                 0.00         7.88589188%
None ..............        6.571576486          0.000000000         7.63650200%
D-II ..............          72,333.34                 0.00         7.88589188%
None ..............        6.571576270          0.000000000         7.63650200%
E-II ..............         156,718.96                 0.00         7.88589188%
None ..............        6.571576652          0.000000000         7.63650200%
F-II ..............          84,392.19                 0.00         7.88589188%
None ..............        6.571576857          0.000000000         7.63650200%
G-II ..............          12,052.27                 0.00         7.88589188%
None ..............        6.571575791          0.000000000         7.63650200%
H-II ..............          84,392.19                 0.00         7.88589188%
None ..............        6.571576857          0.000000000         7.63650200%
J-II ..............         132,607.84                 0.00         7.88589188%
None ..............        6.571576391          0.000000000         7.63650200%
K-II ..............          36,169.96                 0.00         7.88589188%
None ..............        6.571577035          0.000000000         7.63650200%
L-II ..............          48,222.23                 0.00         7.88589188%
None ..............        6.571576724          0.000000000         7.63650200%
M-II ..............          60,274.50                 0.00         7.88589188%
None ..............        6.571576537          0.000000000         7.63650200%
N-II ..............          36,169.96                 0.00         7.88589188%
None ..............        6.571577035          0.000000000         7.63650200%
O-II ..............          24,111.11                 0.00         7.88589188%
None ..............        6.571575361          0.000000000         7.63650200%
P-II ..............          60,280.52                 0.00         7.88589188%
None ..............        6.571577301          0.000000000         7.63650200%
RII ...............               0.00                 0.00               --
9ABSC602 ..........        0.000000000          0.000000000               --
- -------------------   ----------------     ----------------   ----------------
                          4,818,510.79                 0.00               --
                      ================     ================   ================
<FN>
(2)  Interest Paid minus Interest Adjustment minus Deferred Interest equals
     Accrual.
(3)  Estimated
</FN>
</TABLE>

                                    Page - 8
<PAGE>
<TABLE>
                                     REMIC I
<CAPTION>
                          Original              Opening            Principal
Class                  Face Value (1)           Balance             Payment
CUSIP                    Per $1,000            Per $1,000         Per $1,000
<S>                   <C>                  <C>                <C>
Remic I Interest ..     733,801,915.00       733,235,128.34         564,637.96
None ..............     1000.000000000        999.227602643        0.769469183
RI ................              0.00N                 0.00               0.00
9ABSC601 ..........     1000.000000000          0.000000000        0.000000000
- -------------------   ----------------     ----------------   ----------------
                        733,801,915.00       733,235,128.34         564,637.96
                      ================     ================   ================
<FN>
(1) N denotes notional balance not included in total
</FN>
</TABLE>

                               REMIC I, Continued

                          Principal            Negative            Closing
Class                   Adj. or Loss         Amortization          Balance
CUSIP                    Per $1,000           Per $1,000         Per $1,000

Remic I Interest ..               0.00                 0.00     732,670,490.38
None ..............        0.000000000          0.000000000      998.458133460
RI ................               0.00                 0.00               0.00
9ABSC601 ..........        0.000000000          0.000000000        0.000000000
- -------------------   ----------------     ----------------   ----------------
                                  0.00                 0.00     732,670,490.38
                      ================     ================   ================

<TABLE>
                               REMIC I, Continued
<CAPTION>
                           Interest           Interest            Pass-Through
Class                      Payment            Adjustment            Rate (2)
CUSIP                     Per $1,000         Per $1,000           Next Rate (3)
<S>                         <C>            <C>                 <C>
Remic I Interest ..       4,818,510.79                 0.00         7.88589188%
None ..............        6.566500702          0.000000000         7.63650200%
RI ................               0.00                 0.00               --
9ABSC601 ..........        0.000000000          0.000000000               --
- -------------------   ----------------     ----------------   ----------------
                          4,818,510.79                 0.00               0.00
                      ================     ================   ================
<FN>
(2)  Interest Paid minus Interest Adjustment minus Deferred Interest equals
     Accrual.
(3)  Estimated
</FN>
</TABLE>

Total P&I Payment                                                 5,383,148.75
                                                                  ============

                                    Page - 9
<PAGE>
                           OTHER RELATED INFORMATION

<TABLE>
                               RATINGS INFORMATION
<CAPTION>
                                                               Ratings Change/Change Date (3)
                              Original Ratings (1) (2)      -----------------------------------
                            ----------------------------          DCR               Moody's
Class      CUSIP            DCR     Moody's  Fitch   S&P    ---------------     ---------------
<S>           <C>          <C>      <C>      <C>     <C>    <C>     <C>         <C>     <C>
A-1 ......    201728DZ2     AAA      Aaa      X       X         0    01/00/00   0    01/00/00
A-2 ......    201728EA6     AAA      Aaa      X       X         0    01/00/00   0    01/00/00
X ........    201728EG3     AAA      Aaa      X       X         0    01/00/00   0    01/00/00
B ........    201728EB4      AA      Aa2      X       X         0    01/00/00   0    01/00/00
C ........    201728EC2      A        A2      X       X         0    01/00/00   0    01/00/00
D ........    201728ED0      A-       A3      X       X         0    01/00/00   0    01/00/00
E ........    201728EE8     BBB      Baa2     X       X         0    01/00/00   0    01/00/00
F ........    201728EF5     BBB-     Baa3     X       X         0    01/00/00   0    01/00/00
G ........    201728EH1      NR       NR      X       X         0    01/00/00   0    01/00/00
H ........    201728EJ7      NR       NR      X       X         0    01/00/00   0    01/00/00
J ........    201728EK4      NR       NR      X       X         0    01/00/00   0    01/00/00
K ........    201728EL2      NR       NR      X       X         0    01/00/00   0    01/00/00
L ........    201728EM0      NR       NR      X       X         0    01/00/00   0    01/00/00
M ........    201728EN8      NR       NR      X       X         0    01/00/00   0    01/00/00
N ........    201728EP3      NR       NR      X       X         0    01/00/00   0    01/00/00
O ........    201728EQ1      NR       NR      X       X         0    01/00/00   0    01/00/00
P ........    201728ER9      NR       NR      X       X         0    01/00/00   0    01/00/00
<FN>
(1)  NR - Designates that the class was not rated by the rating agency
(2)  X - Designates that the rating agency did not rate any of the classes at the time of issuance
(3)  Changed ratings provided on this report are based on information provided by the applicable rating agency via electronic
       transmission.  It shall be understood that this transmission will generally have been provided to LaSalle within 30 days
       of the payment date listed on this statement.  Because ratings may have changed during the 30 day window, or may not be
       being provided by the rating agency in an electronic format and therefore not being updated on this report, LaSalle
       recommends that investors obtain current rating information directly from the rating agency.
</FN>
</TABLE>

<TABLE>
                           OTHER RELATED INFORMATION
<CAPTION>
                      Accrued     Allocation of     Beginning      Payment of       Ending           Yield
                    Certificate  Prepay Interest     Unpaid       Prior Unpaid      Unpaid         Maintenance       Prepayment
Class                 Interest      Shortfall        Interest       Interest        Interest         Premium           Premiums
<S>                <C>             <C>             <C>             <C>             <C>             <C>              <C>
A-1 ......           752,180.43            0.00            0.00            0.00            0.00            0.00                0.00
A-2 ......         2,399,063.66            0.00            0.00            0.00            0.00            0.00                0.00
X ........           512,213.03            0.00            0.00            0.00            0.00            0.00                0.00
B ........           198,126.00            0.00            0.00            0.00            0.00            0.00                0.00
C ........           218,602.07            0.00            0.00            0.00            0.00            0.00                0.00
D ........            69,948.49            0.00            0.00            0.00            0.00            0.00                0.00
E ........           156,718.96            0.00            0.00            0.00            0.00            0.00                0.00
F ........            84,392.19            0.00            0.00            0.00            0.00            0.00                0.00
G ........            12,052.27            0.00            0.00            0.00            0.00            0.00                0.00
H ........            72,664.32            0.00            0.00            0.00            0.00            0.00                0.00
J ........           114,179.51            0.00            0.00            0.00            0.00            0.00                0.00
K ........            31,143.47            0.00            0.00            0.00            0.00            0.00                0.00
L ........            41,520.85            0.00            0.00            0.00            0.00            0.00                0.00
M ........            51,898.23            0.00            0.00            0.00            0.00            0.00                0.00
N ........            31,143.47            0.00            0.00            0.00            0.00            0.00                0.00
O ........            20,760.43            0.00            0.00            0.00            0.00            0.00                0.00
P ........            51,903.41            0.00            0.00            0.00            0.00            0.00                0.00
                   ------------    ------------    ------------    ------------    ------------    ------------        ------------
                   4,818,510.79            0.00            0.00            0.00            0.00            0.00                0.00
                   ============    ============    ============    ============    ============    ============        ============
</TABLE>

                                    Page - 10
<PAGE>
                                     LOSSES

    Prior Period           Current Period              Total
- --------------------     ------------------     ------------------
Realized      Excess     Realized    Excess     Realized    Excess
Losses        Losses     Losses      Losses      Losses     Losses

 0.00          0.00       0.00        0.00        0.00       0.00
 ====          ====       ====        ====        ====       ====

<TABLE>
                                    ADVANCES
<CAPTION>
                   Prior Outstanding             Current Period                   Recovered                Outstanding
                Principal      Interest      Principal     Interest       Principal      Interest    Principal     Interest
<S>             <C>           <C>           <C>           <C>           <C>          <C>            <C>           <C>
Servicer ....    85,447.33    876,345.71     53,406.30    426,707.76     85,447.33    876,345.71     53,406.30    426,707.76
Trustee: ....         0.00          0.00          0.00          0.00          0.00          0.00          0.00          0.00
Fiscal Agent:         0.00          0.00          0.00          0.00          0.00          0.00          0.00          0.00
                ----------    ----------    ----------    ----------    ----------    ----------    ----------    ----------
                      0.00    876,345.71     53,406.30    426,707.76     85,447.33    876,345.71     53,406.30    426,707.76
                ==========    ==========    ==========    ==========    ==========    ==========    ==========    ==========
</TABLE>

Beginning Stated Principal Balance       733,235,129.06
  of the Mortgage Loans:

Ending Stated Principal Balance          732,670,491.10
  of the Mortgage Loans:


Principal Distribution Amount:              564,637.96

Prior Prepayments                                 0.00
Current Prepayments:                              0.00
Cumulative Prepayments:                           0.00

<TABLE>
                           SUMMARY OF REO PROPERTIES

No REO Properties as of The Most Recent Due Period
<CAPTION>
                                        Principal    Appraised   Date of Final     Amount       Aggregate Other
#        Property Name    Date of REO    Balance       Value       Recovery     of Proceeds      Rev. Collected
<S>       <C>             <C>          <C>          <C>           <C>           <C>             <C>

</TABLE>

                             SERVICING COMPENSATION

Current Period Master Servicing Fees Paid                            61,450.94
Additional Master Servicing Compensation:                                 0.00
Current Period Special Servicing Fees Pai                                 0.00
Current Period Workout Fees Paid:                                         0.00
Current Period Liquidation Fees Paid:                                     0.00
                                                                          ----
                                                                     61,450.94
                                                                     =========

                        SUMMARY OF APPRAISAL REDUCTIONS

    Property                Principal    Appraisal     Appraisal     Date of
#     Name     Loan Number   Balance   Reduction Amt.    Date       Reduction

No Appraisal Reductions as of The Most Recent Due Period


                                    Page - 11
<PAGE>
                                  DELINQUENCIES

Dist.         Delinq 1 Month           Delinq 2 Months
Date         #           Balance     #           Balance
09/15/99    0                 0     0                 0
/ ......   0.000%         0.000%   0.000%         0.000%
08/16/99    0                 0    0.00               0
/ ......   0.000%         0.000%   0.000%         0.000%

<TABLE>
                            DELINQUENCIES, Continued
<CAPTION>
             Delinq 3+  Months   Foreclosure/Bankruptcy (1)      REO (1)              Modifications
             #        Balance        #         Balance       #         Balance      #         Balance
<S>        <C>      <C>            <C>      <C>            <C>      <C>            <C>      <C>
09/15/99    0                 0     0                 0     0                 0     0                 0
/ ......   0.000%         0.000%   0.000%         0.000%   0.000%         0.000%   0.000%         0.000%
08/16/99   0.00               0    0.00               0    0.00               0    0.00               0
/ ......   0.000%         0.000%   0.000%         0.000%   0.000%         0.000%   0.000%         0.000%
<FN>
(1)  Foreclosure and REO Totals are Included in the Appropriate Delinquency Aging Category
</FN>
</TABLE>

                            DELINQUENCIES, Continued

                Prepayments          Curr Weighted Avg.
            #         Balance      Coupon        Remit

09/15/99    0                 0    7.9895        7.8859%
/ ......   0.000%         0.000%   0.0000        0.0000%
08/16/99   0.00               0    7.9895        7.8859%
/ ......   0.000%         0.000%   0.0000        0.0000%

                                    Page - 12
<PAGE>
<TABLE>
                             DELINQUENT LOAN DETAIL
<CAPTION>
Disc        Paid                     Outstanding    Out. Property  Special   Servicer
Doc         Thru       Current P&I       P&I         Protection    Advance   Transfer  Foreclosure Bankruptcy     REO
Control #   Date         Advance     Advances(1)      Advances    Desc. (2)   Date        Date        Date        Date
<S>        <C>         <C>           <C>            <C>              <C>  <C>         <C>          <C>         <C>
120        08/01/99     16,129.26     16,129.26          0.00       A             --           --           --           --
 52        08/01/99     32,499.86     32,499.86          0.00       A             --           --           --           --
116        08/01/99     14,800.34     14,800.34          0.00       B             --           --           --           --
 14        08/01/99     58,165.37     58,165.37          0.00       B             --           --           --           --
 63        08/01/99     28,638.94     28,638.94          0.00       A             --           --           --           --
123        08/01/99     16,424.38     16,424.38          0.00       B             --           --           --           --
145        08/01/99     12,923.31     12,923.31          0.00       A             --           --           --           --
 94        08/01/99     23,329.31     23,329.31          0.00       B             --           --           --           --
  8        08/01/99     16,409.82     16,409.82          0.00       B             --           --           --           --
193        08/01/99      8,086.31      8,086.31          0.00       A             --           --           --           --
 24        08/01/99     47,566.45     47,566.45          0.00       B             --           --           --           --
133        08/01/99     15,115.67     15,115.67          0.00       A             --           --           --           --
192        08/01/99      9,297.91      9,297.91          0.00       A             --           --           --           --
205        08/01/99      7,746.42      7,746.42          0.00       A             --           --           --           --
218        08/01/99      7,520.01      7,520.01          0.00       A             --           --           --           --
223        08/01/99      6,572.08      6,572.08          0.00       A             --           --           --           --
195        08/01/99      8,664.73      8,664.73          0.00       A             --           --           --           --
232        08/01/99      5,587.31      5,587.31          0.00       B             --           --           --           --
207        08/01/99      7,363.71      7,363.71          0.00       A             --           --           --           --
 53        08/01/99     34,476.21     34,476.21          0.00       A             --           --           --           --
 73        08/01/99     29,283.16     29,283.16          0.00       A             --           --           --           --
147        08/01/99     13,341.43     13,341.43          0.00       B             --           --           --           --
 59        08/01/99     29,330.96     29,330.96          0.00       B             --           --           --           --
 56        08/01/99     30,841.11     30,841.11          0.00       A             --           --           --           --
<FN>
(1)  A.  P&I Advance - Loan in Grace Period
     B.  P&I Advance - Late Payment but less one month delinq.
     1.  P&I Advance - Loan delinquent 1 month
     2.  P&I Advance - Loan delinquent 2 months
     3.  P&I Advance - Loan delinquent 3 months or more
     4.  Matured Balloon/Assumed Assumed Scheduled Payment
(2)  Outstanding P&I advances include the current period P&I Advance
</FN>
</TABLE>

                                   Page - 13
<PAGE>
                       DISTRIBUTION OF PRINCIPAL BALANCES
Scheduled                             Number       Scheduled         Based On
Balances                             of Loans      Balance            Balance

0 to 500,000 ..................         10         4,288,385.58        0.59%
500,000 to 1,000,000 ..........         31        26,054,459.39        3.56%
1,000,000 to 1,500,000 ........         37        45,455,053.35        6.20%
1,500,000 to 2,000,000 ........         40        70,219,753.42        9.58%
2,000,000 to 2,500,000 ........         26        58,191,206.28        7.94%
2,500,000 to 3,000,000 ........         17        47,456,235.20        6.48%
3,000,000 to 3,500,000 ........         12        39,398,449.96        5.38%
3,500,000 to 4,000,000 ........         12        45,856,085.42        6.26%
4,000,000 to 4,500,000 ........         10        42,002,282.00        5.73%
4,500,000 to 5,000,000 ........         15        71,560,421.24        9.77%
5,000,000 to 5,500,000 ........          7        37,438,105.82        5.11%
5,500,000 to 6,000,000 ........          3        17,099,955.70        2.33%
6,000,000 to 6,500,000 ........          4        25,148,863.87        3.43%
6,500,000 to 7,000,000 ........          3        20,566,718.06        2.81%
7,000,000 to 7,500,000 ........          2        14,875,393.26        2.03%
7,500,000 to 8,000,000 ........          2        15,328,496.50        2.09%
8,000,000 to 8,500,000 ........          2        16,520,885.25        2.25%
8,500,000 to 9,000,000 ........          1         8,682,569.67        1.19%
9,000,000 to 10,000,000 .......          1         9,442,695.58        1.29%
10,000,000 & Above ............          7       117,084,475.55       15.98%
- -------------------------------        ---       --------------      ------
Total .........................        242       732,670,491.10      100.00%
                                       ===       ==============      ======
Average Scheduled Balance is      3,027,564
Maximum  Scheduled Balance is    32,143,757
Minimum  Scheduled Balance is       360,592

                         DISTRIBUTION OF PROPERTY TYPES
                                     Number        Scheduled         Based on
Property Types                      of Loans        Balance          Balance
Multifamily ...................         93        238,429,941.6       32.54%
Retail ........................         57        196,436,952.0       26.81%
Office ........................         43        153,976,481.3       21.02%
Industrial ....................         25        88,632,113.72       12.10%
Other .........................          9        25,555,593.32        3.49%
Self Storage ..................          8        18,874,412.75        2.58%
Mobile Home ...................          6         8,994,727.50        1.23%
Mixed Use .....................          1         1,770,268.82        0.24%
                                       ---       --------------      ------
Total .........................        242       732,670,491.10      100.00%
                                       ===       ==============      ======

                            GEOGRAPHIC DISTRIBUTION
                                      Number       Scheduled         Based on
Geographic Location                 of Loans        Balance          Balance

New York ......................         16       103,615,466.20       14.14%
Texas .........................         39        93,725,565.70       12.79%
California ....................         26        76,895,380.07       10.50%
Pennsylvania ..................         13        54,669,033.25        7.46%
New Jersey ....................         17        50,873,359.15        6.94%
Florida .......................         16        42,061,356.65        5.74%
Illinois ......................          9        39,382,562.43        5.38%
Missouri ......................          7        23,045,557.07        3.15%
North Carolina ................          5        21,621,678.06        2.95%
Washington ....................          6        20,196,822.51        2.76%
Minnesota .....................          6        17,483,957.59        2.39%
Massachusetts .................          5        17,346,288.66        2.37%
Maryland ......................          5        12,775,473.39        1.74%
Ohio ..........................          6        11,841,941.53        1.62%
Nevada ........................          2        11,397,011.13        1.56%
Colorado ......................          6        10,673,134.52        1.46%
West Virginia .................          4        10,660,172.35        1.45%
Virginia ......................          4         9,722,394.34        1.33%
Oregon ........................          3         8,700,430.17        1.19%
Georgia .......................          4         8,000,618.56        1.09%
Oklahoma ......................          4         7,918,310.58        1.08%
Kentucky ......................          2         7,782,959.32        1.06%
Maine .........................          3         7,776,655.04        1.06%
New Mexico ....................          3         7,183,166.37        0.98%
Michigan ......................          3         6,537,928.19        0.89%
Virginia ......................          1         6,381,974.46        0.87%
Connecticut ...................          2         5,804,996.32        0.79%
New Hampshire .................          3         5,314,293.41        0.73%
Arizona .......................          3         5,166,461.35        0.71%
North Dakota ..................          1         4,984,910.95        0.68%
Other .........................         18        23,130,631.69        3.16%
                                       ---       --------------      ------
Total .........................        242       732,670,491.10      100.00%
                                       ===       ==============      ======
                                    Page - 14
<PAGE>
                     DISTRIBUTION OF MORTGAGE INTEREST RATES

Current Mortgage                   Number         Scheduled           Based on
Interest Rate                      of Loans       Balance             Balance

7.000% or less ................         10        32,012,692.51        4.37%
7.000% to 7.500% ..............         47       199,865,583.45       27.28%
7.500% to 8.000% ..............        114       334,881,841.34       45.71%
8.000% to 8.500% ..............         51       120,153,010.94       16.40%
8.500% to 9.000% ..............         16        36,059,866.35        4.92%
9.000% to 9.500% ..............          4         9,697,496.51        1.32%
9.500% to 10.000% .............          0                 0.00        0.00%
10.000% to 10.500% ............          0                 0.00        0.00%
10.500% to 11.000% ............          0                 0.00        0.00%
11.000% to 11.500% ............          0                 0.00        0.00%
11.500% to 12.000% ............          0                 0.00        0.00%
12.000% to 12.500% ............          0                 0.00        0.00%
12.500% to 13.000% ............          0                 0.00        0.00%
13.000% to 13.500% ............          0                 0.00        0.00%
13.500% & Above ...............          0                 0.00        0.00%
- -------------------------------        ---       --------------      ------
Total .........................        242       732,670,491.10      100.00%
                                       ===       ==============      ======

W/Avg Mortgage Interest Rate is                7.7369%
Minimum Mortgage Interest Rate is              6.8100%
Maximum Mortgage Interest Rate is              9.1700%

                                 LOAN SEASONING

                                     Number        Scheduled         Based on
Number of Years                     of Loans        Balance           Balance

1 year or less ................          0                 0.00        0.00%
1+ to 2 years .................          0                 0.00        0.00%
2+ to 3 years .................          0                 0.00        0.00%
3+ to 4 years .................          0                 0.00        0.00%
4+ to 5 years .................          0                 0.00        0.00%
5+ to 6 years .................          0                 0.00        0.00%
6+ to 7 years .................          0                 0.00        0.00%
7+ to 8 years .................          0                 0.00        0.00%
8+ to 9 years .................          0                 0.00        0.00%
9+ to 10 years ................          0                 0.00        0.00%
10 years or m .................          0                 0.00        0.00%
- -------------------------------        ---       --------------      ------
Total .........................          0                 0.00        0.00%
                                       ===       ==============      ======

Weighted Average Seasoning is                    0.00%

                       DISTRIBUTION OF AMORTIZATION TYPE
                                      Number       Scheduled        Based on
Amortization Type                    of Loans       Balance          Balance
Amortizing Balance.............        242       732,670,491.10      100.00%
- -------------------------------        ---       --------------      ------
Total .........................        242       732,670,491.10      100.00%
                                                 ==============      ======

                                    Page - 15
<PAGE>
                         DISTRIBUTION OF REMAINING TERM
                                 BALLOON LOANS

Balloon                              Number        Scheduled         Based on
Mortgage Loans                      of Loans        Balance          Balance

12 months or l year ...........          0                 0.00        0.00%
13 to 24 months ...............          0                 0.00        0.00%
25 to 36 months ...............          0                 0.00        0.00%
37 to 48 months ...............          1         1,933,870.45        0.26%
49 to 60 months ...............          1         5,411,155.23        0.74%
61 to 120 months ..............        191       513,542,717.50       70.09%
121 to 180 months .............          1       941,819,905.78        5.71%
181 to 240 months .............         30       169,962,842.00       23.20%
- -------------------------------        ---       --------------      ------
Total .........................        242       732,670,491.10      100.00%
                                       ===       ==============      ======

Weighted Average Months to Maturity is 165

                          DISTRIBUTION OF REMAINING TERM
                                FULLY AMORTIZING

Fully Amortizing                      Number        Scheduled      Based on
Mortgage Loans                       of Loans        Balance       Balance

60 months or l ................          0                 0.00        0.00%
61 to 120 mont ................          0                 0.00        0.00%
121 to 180 mon ................          0                 0.00        0.00%
181 to 240 mon ................          0                 0.00        0.00%
241 to 360 mon ................          0                 0.00        0.00%
- -------------------------------        ---       --------------      ------
Total .........................          0                 0.00        0.00%
                                       ===       ==============      ======
Weighted Average Months to Maturity is   0

                                   NOI AGING

                                      Number          Scheduled     Based on
NOI Date                             of Loans          Balance       Balance

1 year or less ................         96       248,668,340.60       33.94%
1 to 2 years ..................          3         3,394,846.15        0.46%
2 Years or Mor ................          0                 0.00        0.00%
Unknown .......................          0               143.00        0.00%
- -------------------------------        ---       --------------      ------
Total .........................         99       252,063,329.80       34.40%
                                       ===       ==============      ======


                                    Page - 16
<PAGE>
<TABLE>
                              DISTRIBUTION OF DSCR
<CAPTION>
Debt Service                         Number         Scheduled        Based on
Coverage Ratio (1)                  of Loans         Balance          Balance
<S>                                   <C>       <C>                  <C>
0.500 or less .................          0                 0.00        0.00%
0.500 to 0.625 ................          3         8,215,876.27        1.12%
0.625 to 0.750 ................          1         2,255,261.17        0.31%
0.750 to 0.875 ................          2         2,446,073.14        0.33%
0.875 to 1.000 ................          3        11,353,375.82        1.55%
1.000 to 1.125 ................          4        14,622,132.81        2.00%
1.125 to 1.250 ................          4        11,013,341.44        1.50%
1.250 to 1.375 ................          7        16,150,135.52        2.20%
1.375 to 1.500 ................         17        52,645,218.85        7.19%
1.500 to 1.625 ................         14        32,101,829.67        4.38%
1.625 to 1.750 ................         13        29,496,010.37        4.03%
1.750 to 1.875 ................         13        38,019,263.22        5.19%
1.875 to 2.000 ................          8        12,647,879.25        1.73%
2.000 to 2.125 ................          1         2,490,609.48        0.34%
2.125 & above .................          9        18,606,179.82        2.54%
Unknown .......................          0               143.00        0.00%
                                       ---       --------------      ------
Total .........................         99       252,063,329.83       34.40%
                                       ===       ==============      ======
<FN>
(1)  Debt Service Coverage Ratios are calculated as described in the prospectus,
     values are updated periodically as new NOI figures became available from
     borrowers on an asset level. Neither the Trustee, Servicer, Special
     Servicer or Underwriter makes any representation as to the accuracy of the
      data provided by the borrower for this calculation.
</FN>
</TABLE>

Weighted Average Debt Service Coverage Ratio is       1.5486


                                    Page - 17
<PAGE>
<TABLE>
                                LOAN LEVEL DETAIL
<CAPTION>
                   Property                                  Operating
Disc                 Type             Maturity               Statement
Ctrl#   Group        Code              Date       DSCR (1)     Date       State
<S>    <C>          <C>              <C>          <C>      <C>            <C>
 1     CMAC99C1     Office            10/01/08       --           --       NY
 2     CMAC99C1     Multifamily       04/01/09       --           --       PA
 3     CMAC99C1     Industrial        05/01/28       --           --       IL
 4     CMAC99C1     Office            05/01/26       --           --       NY
 5     CMAC99C1     Office            05/01/26       --           --       NY
 6     CMAC99C1     Industrial        07/01/09       --           --       IL
 7     CMAC99C1     Industrial        07/01/09       --           --       IL
 8     CMAC99C1     Industrial        07/01/09       --           --       IL
 9     CMAC99C1     Multifamily       05/01/29       --           --       NC
10     CMAC99C1     Multifamily       03/01/09       1.46     12/31/98     TX
11     CMAC99C1     Retail            01/01/29       --           --       NJ
12     CMAC99C1     Multifamily       06/01/09       --           --       FL
13     CMAC99C1     Multifamily       03/01/09       1.55     12/31/98     TX
14     CMAC99C1     Retail            05/01/09       --           --       NY
15     CMAC99C1     Retail            05/01/26       --           --       NY
16     CMAC99C1     Office            04/01/09       1.03     12/31/98     MA
17     CMAC99C1     Retail            06/01/29       --           --       FL
18     CMAC99C1     Retail            06/01/29       --           --       MO
19     CMAC99C1     Multifamily       05/01/09       --           --       WA
20     CMAC99C1     Other             05/01/14       1.83     12/31/98     MN
21     CMAC99C1     Retail            12/01/23       --           --       IL
22     CMAC99C1     Retail            06/01/09        1.4     12/31/98     VI
23     CMAC99C1     Multifamily       12/01/08        1.4     12/31/98     TX
24     CMAC99C1     Industrial        07/01/09       --           --       CA
25     CMAC99C1     Industrial        06/01/09       0.88     12/31/98     NV
26     CMAC99C1     Retail            06/01/29       --           --       TX
27     CMAC99C1     Retail            06/01/09       1.35     12/31/98     CA
28     CMAC99C1     Industrial        10/01/26       --           --       FL
29     CMAC99C1     Office            07/01/09       --           --       CA
30     CMAC99C1     Industrial        05/01/09      1.830        36160     CA
31     CMAC99C1     Multifamily       02/01/09       --           --       PA
32     CMAC99C1     Retail            07/01/04       --           --       NJ
33     CMAC99C1     Retail            05/01/09      0.560        36160     NV
34     CMAC99C1     Office            11/01/28       --           --       MA
35     CMAC99C1     Retail            06/01/15       --           --       PA
36     CMAC99C1     Multifamily       06/01/24       --           --       ND
37     CMAC99C1     Office            03/01/29       --           --       NY
38     CMAC99C1     Industrial        04/01/09       --           --       VA
39     CMAC99C1     Multifamily       02/01/09      1.430        36160     TX
40     CMAC99C1     Retail            07/01/09       --           --       OR
41     CMAC99C1     Multifamily       06/01/29       --           --       NY
42     CMAC99C1     Retail            01/01/09       --           --       WV
43     CMAC99C1     Retail            06/01/18       --           --       MD
44     CMAC99C1     Retail            01/01/09       --           --       OH
45     CMAC99C1     Retail            06/01/09      1.750        36160     MO
46     CMAC99C1     Retail            06/01/14       --           --       TX
47     CMAC99C1     Retail            05/01/09       --           --       NY
48     CMAC99C1     Retail            03/01/09       --           --       CA
49     CMAC99C1     Multifamily       02/01/09      1.450        36160     TX
50     CMAC99C1     Self Storage      01/01/14      1.810        36160     NJ
51     CMAC99C1     Other             06/01/24       --           --       KY
52     CMAC99C1     Multifamily       06/01/09       --           --       CT
53     CMAC99C1     Retail            04/01/24       --           --       CA
54     CMAC99C1     Office            05/01/09      1.690        36160     NY
55     CMAC99C1     Office            09/01/28       --           --       WA
56     CMAC99C1     Office            05/01/09      1.700        36160     NC
57     CMAC99C1     Retail            02/01/09      1.220        36160     TX
58     CMAC99C1     Multifamily       01/01/09       --           --       TX
<FN>
(1)  NOI and DSCR, if available and reportable under the terms of the trust
     agreement, are based on information obtained from the related borrower,
     and no other party to the agreement shall be held liable for the accuracy
     or methodology used to determine such figures.
</FN>
</TABLE>

                                    Page - 18
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
                   Property                                  Operating
Disc                 Type             Maturity               Statement
Ctrl#   Group        Code              Date       DSCR (1)     Date       State
<S>    <C>          <C>              <C>          <C>      <C>            <C>
 59     CMAC99C1     Industrial        03/01/09       --           --       CA
 60     CMAC99C1     Multifamily       02/01/09      1.800     12/31/98     PA
 61     CMAC99C1     Office            03/01/24       --           --       PA
 62     CMAC99C1     Office            02/01/09      1.110     12/31/98     NJ
 63     CMAC99C1     Multifamily       01/01/09       --           --       CO
 64     CMAC99C1     Industrial        06/01/09       --           --       NJ
 65     CMAC99C1     Industrial        04/01/24       --           --       CA
 66     CMAC99C1     Office            05/01/09       --           --       IL
 67     CMAC99C1     Office            05/01/09      1.340     09/30/98     IL
 68     CMAC99C1     Retail            05/01/29       --           --       NC
 69     CMAC99C1     Self Storage      03/01/09       --           --       NJ
 70     CMAC99C1     Office            04/01/09      1.000     12/31/98     NM
 71     CMAC99C1     Multifamily       12/01/08      2.570     12/31/98     WV
 72     CMAC99C1     Multifamily       05/01/09      1.360     12/31/98     CA
 73     CMAC99C1     Industrial        04/01/09       --           --       MN
 74     CMAC99C1     Multifamily       04/01/09       --           --       OH
 75     CMAC99C1     Other             06/01/24       --           --       KY
 76     CMAC99C1     Multifamily       05/01/09       --           --       NJ
 77     CMAC99C1     Multifamily       01/01/09       --           --       TX
 78     CMAC99C1     Retail            06/01/09       --           --       MI
 79     CMAC99C1     Multifamily       04/01/09       --           --       MO
 80     CMAC99C1     Industrial        05/01/09       --           --       FL
 81     CMAC99C1     Retail            04/01/09      1.400     12/31/98     ME
 82     CMAC99C1     Office            06/01/09       --           --       FL
 83     CMAC99C1     Office            05/01/09      1.230     12/31/98     NH
 84     CMAC99C1     Office            06/01/09      1.600     12/31/98     MD
 85     CMAC99C1     Multifamily       04/01/11      1.670     12/31/98     CA
 86     CMAC99C1     Office            08/01/28      1.490     12/31/98     MA
 87     CMAC99C1     Multifamily       01/01/09      1.590     12/31/98     CA
 88     CMAC99C1     Retail            01/01/09       --           --       PA
 89     CMAC99C1     Multifamily       02/01/09      1.880     12/31/98     TX
 90     CMAC99C1     Multifamily       04/01/09      1.570     12/31/98     WA
 91     CMAC99C1     Multifamily       04/01/09      1.760     12/31/98     ME
 92     CMAC99C1     Industrial        06/01/09      1.810     12/31/98     CA
 93     CMAC99C1     Other             06/01/14      2.640     12/31/98     MN
 94     CMAC99C1     Retail            06/01/09       --           --       NY
 95     CMAC99C1     Office            02/01/09      1.840     12/31/98     WA
 96     CMAC99C1     Retail            02/01/09       --           --       GA
 97     CMAC99C1     Retail            12/01/08      1.900     12/31/98     VT
 98     CMAC99C1     Retail            05/01/09       --           --       CA
 99     CMAC99C1     Multifamily       04/01/09       --           --       CA
100     CMAC99C1     Mobile Home       04/01/09      1.440     12/31/98     NJ
101     CMAC99C1     Multifamily       05/01/09      2.060     12/31/98     MO
102     CMAC99C1     Retail            12/01/08      2.430     12/31/98     FL
103     CMAC99C1     Office            04/01/09      1.790     12/31/98     CA
104     CMAC99C1     Self Storage      01/01/14      2.220     12/31/98     NJ
105     CMAC99C1     Multifamily       05/01/09      1.550     12/31/98     OK
106     CMAC99C1     Multifamily       06/01/09      1.680     12/31/98     TX
107     CMAC99C1     Industrial        12/01/08       --           --       CA
108     CMAC99C1     Industrial        12/01/08       --           --       CA
109     CMAC99C1     Multifamily       02/01/09       --           --       MO
110     CMAC99C1     Multifamily       05/01/09      0.750     12/31/98     TX
111     CMAC99C1     Retail            03/01/09       --           --       NJ
112     CMAC99C1     Multifamily       06/01/09      1.360     12/31/98     TX
113     CMAC99C1     Office            01/01/12       --           --       MN
114     CMAC99C1     Multifamily       01/01/09      1.750     12/31/98     OK
115     CMAC99C1     Retail            01/01/09       --           --       NJ
<FN>
(1)  NOI and DSCR, if available and reportable under the terms of the trust
     agreement, are based on information obtained from the related borrower,
     and no other party to the agreement shall be held liable for the accuracy
     or methodology used to determine such figures.
</FN>
</TABLE>

                                    Page - 19
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
                   Property                                  Operating
Disc                 Type             Maturity               Statement
Ctrl#   Group        Code              Date       DSCR (1)     Date       State
<S>    <C>          <C>              <C>          <C>      <C>            <C>
116     CMAC99C1     Industrial        12/01/08       --           --       MI
117     CMAC99C1     Retail            06/01/09       --           --       AZ
118     CMAC99C1     Multifamily       03/01/09      1.560     12/31/98     TX
119     CMAC99C1     Retail            07/01/09       --           --       CA
120     CMAC99C1     Retail            10/01/09       --           --       NC
121     CMAC99C1     Office            01/01/09      1.830     12/31/98     OR
122     CMAC99C1     Multifamily       06/01/09       --           --       NY
123     CMAC99C1     Retail            05/01/09       --           --       NJ
124     CMAC99C1     Multifamily       01/01/09      1.400     12/31/98     PA
125     CMAC99C1     Multifamily       07/01/08       --           --       GA
126     CMAC99C1     Office            05/01/09       --           --       MD
127     CMAC99C1     Retail            02/01/09       --           --       CA
128     CMAC99C1     Retail            06/01/09      1.550     12/31/98     CA
129     CMAC99C1     Multifamily       03/01/09       --           --       PA
130     CMAC99C1     Industrial        01/01/09       --           --       NJ
131     CMAC99C1     Self Storage      02/01/09      1.240     12/31/98     MS
132     CMAC99C1     Multifamily       10/01/08       --           --       WA
133     CMAC99C1     Multifamily       12/01/02       --           --       TX
134     CMAC99C1     Multifamily       12/01/08       --           --       GA
135     CMAC99C1     Retail            04/01/24       --           --       CA
136     CMAC99C1     Multifamily       11/01/08      1.740     12/31/98     LA
137     CMAC99C1     Multifamily       06/01/14      1.990     02/28/99     CA
138     CMAC99C1     Self Storage      06/01/09      1.570     12/31/98     OK
139     CMAC99C1     Retail            04/01/24       --           --       CA
140     CMAC99C1     Office            05/01/09      1.930     12/31/98     VA
141     CMAC99C1     Multifamily       04/01/09      1.230     12/31/98     TX
142     CMAC99C1     Other             05/01/09       --           --       SC
143     CMAC99C1     Retail            03/01/09       --           --       WI
144     CMAC99C1     Other             05/01/09       --           --       FL
145     CMAC99C1     Multifamily       01/01/09       --           --       CO
146     CMAC99C1     Office            11/01/08      1.280     12/31/98     ME
147     CMAC99C1     Office            04/01/09      1.550     12/31/98     VA
148     CMAC99C1     Mixed Use         05/01/09       --           --       NM
149     CMAC99C1     Self Storage      05/01/09      0.610     12/31/98     TX
150     CMAC99C1     Retail            11/01/13       --           --       TN
151     CMAC99C1     Multifamily       12/01/08      1.490     09/30/98     TX
152     CMAC99C1     Retail            06/01/09      2.440     12/31/98     NM
153     CMAC99C1     Other             03/01/09      2.210     12/31/98     MO
154     CMAC99C1     Multifamily       06/01/09      2.130     12/31/98     TX
155     CMAC99C1     Retail            04/01/09      1.470     12/31/98     OR
156     CMAC99C1     Mobile Home       06/01/09      1.370     12/31/98     IL
157     CMAC99C1     Retail            05/01/19       --           --       PA
158     CMAC99C1     Mobile Home       07/01/14       --           --       FL
159     CMAC99C1     Retail            12/01/08      0.800     12/31/98     AZ
160     CMAC99C1     Multifamily       04/01/11       --           --       CA
161     CMAC99C1     Multifamily       02/01/09      1.070     12/31/98     PA
162     CMAC99C1     Retail            11/01/08       --           --       MD
163     CMAC99C1     Office            03/01/09      1.780     12/31/98     CO
164     CMAC99C1     Other             03/01/09      1.000     12/31/98     KS
165     CMAC99C1     Multifamily       06/01/09       --           --       FL
166     CMAC99C1     Retail            05/01/09       --           --       FL
167     CMAC99C1     Multifamily       12/01/08      1.460     12/31/98     NY
168     CMAC99C1     Retail            05/01/09       --           --       ID
169     CMAC99C1     Office            11/01/13       --           --       WA
<FN>
(1)  NOI and DSCR, if available and reportable under the terms of the trust
     agreement, are based on information obtained from the related borrower,
     and no other party to the agreement shall be held liable for the accuracy
     or methodology used to determine such figures.
</FN>
</TABLE>


                                   Page - 20
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
                   Property                                  Operating
Disc                 Type             Maturity               Statement
Ctrl#   Group        Code              Date       DSCR (1)     Date       State
<S>    <C>          <C>              <C>          <C>      <C>            <C>
170     CMAC99C1     Industrial        06/01/09      1.080     12/31/98     CO
171     CMAC99C1     Industrial        04/01/09      1.660     12/31/98     CT
172     CMAC99C1     Multifamily       05/01/09      1.460     02/28/99     TX
173     CMAC99C1     Multifamily       05/01/09      1.440     02/28/99     TX
174     CMAC99C1     Retail            11/01/08       --           --       MD
175     CMAC99C1     Self Storage      06/01/09       --           --       CA
176     CMAC99C1     Retail            01/31/19       --           --       NY
177     CMAC99C1     Multifamily       01/01/09      1.910     12/31/98     OK
178     CMAC99C1     Multifamily       01/01/09       --           --       PA
179     CMAC99C1     Self Storage      05/01/09      1.630     12/31/98     AZ
180     CMAC99C1     Multifamily       04/01/09      1.820     12/31/98     LA
181     CMAC99C1     Multifamily       11/01/08       --           --       GA
182     CMAC99C1     Retail            05/01/14      1.980     12/31/98     NY
183     CMAC99C1     Multifamily       12/01/08      1.610     12/31/98     WV
184     CMAC99C1     Multifamily       05/01/09      1.430     01/31/99     MO
185     CMAC99C1     Other             04/01/09      2.370     12/31/98     KS
186     CMAC99C1     Multifamily       07/01/08       --           --       OH
187     CMAC99C1     Office            05/01/09      1.650     12/31/98     UT
188     CMAC99C1     Office            03/01/09      0.520     12/31/98     NH
189     CMAC99C1     Mobile Home       12/01/08       --           --       NJ
190     CMAC99C1     Retail            12/01/08       --           --       TX
191     CMAC99C1     Retail            05/01/09       --           --       TX
192     CMAC99C1     Mobile Home       01/01/09       --           --       NC
193     CMAC99C1     Multifamily       11/01/08       --           --       TX
194     CMAC99C1     Office            05/01/09      1.620     12/31/98     VA
195     CMAC99C1     Multifamily       06/01/09       --           --       TX
196     CMAC99C1     Office            11/01/08      2.000     12/31/98     DC
197     CMAC99C1     Office            11/01/08      1.550     12/31/98     DC
198     CMAC99C1     Office            11/01/08      1.980     12/31/98     DC
199     CMAC99C1     Multifamily       06/01/09       --           --       TX
200     CMAC99C1     Multifamily       07/01/08       --           --       WV
201     CMAC99C1     Office            12/01/08      1.750     12/31/98     MN
202     CMAC99C1     Industrial        03/01/09       --           --       MI
203     CMAC99C1     Multifamily       10/01/08       --           --       MA
204     CMAC99C1     Industrial        01/01/09       --           --       NY
205     CMAC99C1     Multifamily       07/01/08       --           --       OH
206     CMAC99C1     Multifamily       05/01/09      1.480     12/31/98     TX
207     CMAC99C1     Multifamily       06/01/09       --           --       DC
208     CMAC99C1     Multifamily       04/01/14       --           --       FL
209     CMAC99C1     Multifamily       05/01/09      1.770     12/31/98     MN
210     CMAC99C1     Multifamily       05/01/09      1.540     12/31/98     FL
211     CMAC99C1     Multifamily       03/01/09       --           --       NJ
212     CMAC99C1     Office            11/01/13      3.640     12/31/98     TX
213     CMAC99C1     Office            05/01/09      1.740     12/31/98     CO
214     CMAC99C1     Retail            05/01/09      1.750     12/31/98     FL
215     CMAC99C1     Office            04/01/09       --           --       TX
216     CMAC99C1     Multifamily       10/01/08       --           --       TX
217     CMAC99C1     Office            05/01/09      1.430     12/31/98     NH
218     CMAC99C1     Multifamily       12/01/08       --           --       FL
219     CMAC99C1     Multifamily       05/01/09       --           --       CO
220     CMAC99C1     Multifamily       01/01/09       --           --       TX
221     CMAC99C1     Multifamily       12/01/08       --           --       LA
222     CMAC99C1     Office            12/01/08       --           --       IL
223     CMAC99C1     Multifamily       04/01/09       --           --       PA
224     CMAC99C1     Multifamily       06/01/09      1.590     09/30/98     TX
225     CMAC99C1     Office            12/01/08       --           --       PA
226     CMAC99C1     Mobile Home       04/01/09      0.760     12/31/98     IA
227     CMAC99C1     Multifamily       01/01/09       --           --       TX
228     CMAC99C1     Multifamily       07/01/08       --           --       OH
229     CMAC99C1     Retail            07/01/14       --           --       TX
<FN>
(1)  NOI and DSCR, if available and reportable under the terms of the trust
     agreement, are based on information obtained from the related borrower,
     and no other party to the agreement shall be held liable for the accuracy
     or methodology used to determine such figures.
</FN>
</TABLE>

                                   Page - 21
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
                   Property                                  Operating
Disc                 Type             Maturity               Statement
Ctrl#   Group        Code              Date       DSCR (1)     Date       State
<S>    <C>          <C>              <C>          <C>      <C>            <C>
230     CMAC99C1     Office            11/01/08       --           --       NY
231     CMAC99C1     Multifamily       11/01/08       --           --       TX
232     CMAC99C1     Industrial        03/01/09       --           --       FL
233     CMAC99C1     Multifamily       03/01/09       --           --       OH
234     CMAC99C1     Multifamily       01/01/09       --           --       LA
235     CMAC99C1     Multifamily       05/01/09      1.340     12/31/98     TX
236     CMAC99C1     Multifamily       02/01/08       --           --       TX
237     CMAC99C1     Multifamily       09/01/08       --           --       MA
238     CMAC99C1     Industrial        12/01/13      1.800     12/31/98     NJ
239     CMAC99C1     Multifamily       08/01/08       --           --       NJ
240     CMAC99C1     Multifamily       07/01/13       --           --       CA
241     CMAC99C1     Multifamily       06/01/18       --           --       FL
242     CMAC99C1     Multifamily       07/01/08       --           --       TX
<FN>
(1)  NOI and DSCR, if available and reportable under the terms of the trust
     agreement, are based on information obtained from the related borrower,
     and no other party to the agreement shall be held liable for the accuracy
     or methodology used to determine such figures.
</FN>
</TABLE>

<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
           Ending                                                      Loan
Disc      Principal        Note      Scheduled            Prepayment  Status
Ctrl#      Balance         Rate         P&I     Prepayment   Date     Code (1)
<S>     <C>                <C>       <C>           <C>     <C>          <C>
  1        32,143,757      7.20%      219,927        0         --         --
  2        22,880,561      7.45%      169,221        0         --         --
  3        15,375,474      7.17%      105,277        0         --         --
  4        14,000,000      7.87%       94,877        0         --         --
  5        12,200,000      7.87%       82,679        0         --         --
  6         4,846,131      8.32%       36,675        0         --         --
  7         3,996,809      8.32%       30,248        0         --         --
  8         2,188,253      8.32%       16,561        0         --         B
  9        10,474,354      7.39%       72,628        0         --         --
 10        10,010,330      7.24%       68,491        0         --         --
 11         9,442,696      7.55%       66,751        0         --         --
 12         8,682,570      7.15%       58,760        0         --         --
 13         8,388,495      6.99%       55,989        0         --         --
 14         8,132,391      7.81%       58,726        0         --         B
 15         7,750,000      7.87%       52,521        0         --         --
 16         7,578,497      7.87%       55,079        0         --         --
 17         7,487,126      7.72%       53,550        0         --         --
 18         7,388,267      7.99%       54,247        0         --         --
 19         6,999,911      6.81%       45,812        0         --         --
 20         6,927,890      8.53%       56,104        0         --         --
<FN>
(1)  Legend:
     A.   P&I Adv - in Grace Period
     B.   P&I Adv - less one month delinquent
     1.   P&I Adv - delinquent one month
     2.   P&I Adv - delinquent two months
     3.   P&I Adv - delinquent 3+ months
     4.   Mat. Balloon/Assumed P&I
     5.   Prepaid in Full
     6.   Specially Serviced
     7.   Foreclosure
     8.   Bankruptcy
     9.   REO
     10.  DPO
     11.  Modification
</FN>
</TABLE>

                                   Page - 22
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
           Ending                                                      Loan
Disc      Principal        Note      Scheduled            Prepayment  Status
Ctrl#      Balance         Rate         P&I     Prepayment   Date     Code (1)
<S>     <C>                <C>       <C>           <C>     <C>          <C>
 21         6,638,917      7.82%       50,915        0         --         --
 22         6,381,974      7.85%       48,762        0         --         --
 23         6,354,766      6.81%       41,766        0         --         --
 24         6,289,136      7.85%       48,000        0         --         B
 25         6,122,988      7.89%       44,532        0         --         --
 26         5,989,701      7.72%       42,840        0         --         --
 27         5,580,753      8.01%       43,228        0         --         --
 28         5,529,502      7.86%       41,121        0         --         --
 29         5,495,208      8.09%       40,703        0         --         --
 30         5,473,794      7.63%       42,332        0         --         --
 31         5,461,442      8.05%       42,632        0         --         --
 32         5,411,155      8.83%       43,584        0         --         --
 33         5,274,023      7.94%       38,559        0         --         --
 34         5,262,414      7.31%       36,371        0         --         --
 35         5,060,070      7.42%       45,437        0         --         --
 36         4,984,911      7.51%       36,982        0         --         --
 37         4,985,277      8.27%       37,634        0         --         --
 38         4,977,089      8.08%       38,856        0         --         --
 39         4,973,135      7.25%       34,109        0         --         --
 40         4,885,960      8.23%       36,668        0         --         --
 41         4,791,889      7.77%       34,454        0         --         --
 42         4,726,857      7.96%       34,721        0         --         --
 43         4,710,743      7.46%       38,953        0         --         --
 44         4,674,906      7.58%       33,121        0         --         --
 45         4,643,263      8.29%       35,065        0         --         --
 46         4,611,252      7.94%       44,277        0         --         --
 47         4,591,348      8.26%       34,574        0         --         --
 48         4,583,422      7.58%       32,400        0         --         --
 49         4,574,240      7.05%       30,759        0         --         --
 50         4,394,280      7.77%       42,409        0         --         --
 51         4,390,387      9.02%       36,985        0         --         --
 52         4,386,960      7.60%       32,802        0         --         A
 53         4,232,855      8.69%       34,768        0         --         A
 54         4,227,845      7.81%       30,530        0         --         --
 55         4,160,074      6.84%       27,493        0         --         --
 56         4,101,503      7.76%       31,124        0         --         A
 57         4,053,816      7.22%       27,716        0         --         --
 58         4,029,237      7.75%       29,015        0         --         --
<FN>
(1)  Legend:
     A.   P&I Adv - in Grace Period
     B.   P&I Adv - less one month delinquent
     1.   P&I Adv - delinquent one month
     2.   P&I Adv - delinquent two months
     3.   P&I Adv - delinquent 3+ months
     4.   Mat. Balloon/Assumed P&I
     5.   Prepaid in Full
     6.   Specially Serviced
     7.   Foreclosure
     8.   Bankruptcy
     9.   REO
     10.  DPO
     11.  Modification
</FN>
</TABLE>
                                   Page - 23
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
           Ending                                                      Loan
Disc      Principal        Note      Scheduled            Prepayment  Status
Ctrl#      Balance         Rate         P&I     Prepayment   Date     Code (1)
<S>     <C>                <C>       <C>           <C>     <C>          <C>
 59        4,025,326.09    7.510%      29,955        0         --         B
 60        3,979,205.57    7.220%      27,206        0         --         --
 61        3,976,589.66    7.710%      30,108        0         --         --
 62        3,969,592.46    7.590%      29,794        0         --         --
 63        3,963,642.25    7.250%      28,912        0         --         A
 64        3,894,014.86    8.100%      28,889        0         --         --
 65        3,833,207.77    8.320%      30,536        0         --         --
 66        2,963,773.32    8.450%      25,776        0         --         --
 67        829,304.83      8.450%       6,671        0         --         --
 68        3,732,136.59    7.900%      27,183        0         --         --
 69        3,728,494.27    7.810%      28,473        0         --         --
 70        3,702,200.67    7.770%      26,652        0         --         --
 71        3,578,548.47    7.530%      25,246        0         --         --
 72        3,501,644.14    7.480%      24,494        0         --         --
 73        3,473,220.56    8.250%      29,822        0         --         A
 74        3,449,433.04    7.590%      24,406        0         --         --
 75        3,392,572.01    9.020%      28,579        0         --         --
 76        3,341,910.23    7.430%      23,263        0         --         --
 77        3,322,669.78    7.700%      23,813        0         --         --
 78        3,283,785.23    7.990%      24,111        0         --         --
 79        3,263,651.87    7.660%      24,581        0         --         --
 80        3,240,114.77    7.760%      23,988        0         --         --
 81        3,209,613.41    7.880%      24,635        0         --         --
 82        3,191,551.75    8.160%      25,038        0         --         --
 83        3,188,306.89    7.900%      24,487        0         --         --
 84        3,041,620.42    7.970%      23,480        0         --         --
 85        2,990,837.92    7.590%      21,162        0         --         --
 86        2,973,686.98    7.480%      20,935        0         --         --
 87        2,932,667.75    7.170%      19,964        0         --         --
 88        2,925,107.64    7.800%      21,164        0         --         --
 89        2,884,553.50    7.110%      19,508        0         --         --
 90        2,881,244.76    7.620%      20,445        0         --         --
 91        2,786,071.78    7.670%      21,002        0         --         --
 92        2,767,184.24    7.850%      21,143        0         --         --
 93        2,758,721.02    8.850%      22,920        0         --         --
 94        2,737,683.89    8.300%      23,518        0         --         B
 95        2,708,626.05    7.420%      20,033        0         --         --
 96        2,697,353.52    7.700%      19,321        0         --         --
 97        2,672,216.42    7.640%      20,199        0         --         --
 98        2,623,881.91    7.560%      18,498        0         --         --
 99        2,616,073.14    7.180%      17,783        0         --         --
100        2,536,551.36    7.370%      18,629        0         --         --
101        2,490,609.48    7.770%      18,916        0         --         --
102        2,475,188.50    7.360%      18,248        0         --         --
103        2,463,309.65    7.930%      18,988        0         --         --
104        2,441,266.64    7.770%      23,561        0         --         --
105        2,450,720.72    7.750%      18,581        0         --         --
106        2,433,635.30    7.990%      17,869        0         --         --
107        1,375,645.57    7.950%      10,667        0         --         --
108        908,837.91      7.950%       7,047        0         --         --
109        2,282,393.61    7.550%      17,072        0         --         --
110        2,255,261.17    7.640%      16,937        0         --         --
111        2,244,609.65    8.610%      18,285        0         --         --
112        2,243,818.35    7.970%      17,321        0         --         --
113        2,238,436.90    7.740%      16,104        0         --         --
114        2,234,512.65    7.410%      15,573        0         --         --
115        2,231,965.13    7.950%      17,291        0         --         --
116        2,210,300.66    7.100%      14,953        0         --         B
<FN>
(1)  Legend:
     A.   P&I Adv - in Grace Period
     B.   P&I Adv - less one month delinquent
     1.   P&I Adv - delinquent one month
     2.   P&I Adv - delinquent two months
     3.   P&I Adv - delinquent 3+ months
     4.   Mat. Balloon/Assumed P&I
     5.   Prepaid in Full
     6.   Specially Serviced
     7.   Foreclosure
     8.   Bankruptcy
     9.   REO
     10.  DPO
     11.  Modification
</FN>
</TABLE>
                                   Page - 24
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
           Ending                                                      Loan
Disc      Principal        Note      Scheduled            Prepayment  Status
Ctrl#      Balance         Rate         P&I     Prepayment   Date     Code (1)
<S>     <C>                <C>       <C>           <C>     <C>          <C>
117        2,196,633.84    8.110%      16,312        0         --         --
118        2,191,636.27    7.380%      15,202        0         --         --
119        2,176,488.11    8.135%      17,021        0         --         --
120        2,171,770.90    8.210%      16,279        0         --         A
121        2,137,004.29    7.960%      16,570        0         --         --
122        2,124,376.65    8.160%      16,666        0         --         --
123        2,117,594.57    8.120%      16,570        0         --         B
124        2,081,543.72    7.440%      15,437        0         --         --
125        2,077,925.23    7.000%      13,971        0         --         --
126        2,020,896.86    8.020%      14,887        0         --         --
127        2,011,054.66    8.150%      15,831        0         --         --
128        1,994,413.30    7.890%      15,291        0         --         --
129        1,993,349.62    7.860%      14,481        0         --         --
130        1,982,547.41    7.480%      14,754        0         --         --
131        1,974,826.08    7.430%      16,026        0         --         --
132        1,964,153.70    7.150%      13,373        0         --         --
133        1,933,870.45    8.625%      15,245        0         --         A
134        1,908,390.56    7.470%      13,386        0         --         --
135        1,891,712.96    8.320%      15,070        0         --         --
136        1,877,530.90    7.030%      13,465        0         --         --
137        1,859,282.90    7.880%      17,789        0         --         --
138        1,845,228.70    8.270%      14,611        0         --         --
139        1,841,931.01    8.320%      14,673        0         --         --
140        1,833,146.70    7.810%      13,971        0         --         --
141        1,796,392.73    7.520%      12,625        0         --         --
142        1,794,854.87    8.990%      15,093        0         --         --
143        1,794,519.99    8.160%      13,409        0         --         --
144        1,790,274.41    8.880%      16,056        0         --         --
145        1,788,593.59    7.250%      13,047        0         --         A
146        1,780,969.85    7.660%      13,490        0         --         --
147        1,778,397.20    7.720%      13,464        0         --         B
148        1,770,268.82    7.730%      13,399        0         --         --
149        1,748,861.78    7.850%      14,557        0         --         --
150        1,739,512.05    7.120%      12,574        0         --         --
151        1,734,829.90    8.090%      13,611        0         --         --
152        1,710,696.88    7.990%      16,475        0         --         --
153        1,717,344.09    9.000%      14,476        0         --         --
154        1,699,419.14    8.140%      12,655        0         --         --
155        1,677,466.25    8.200%      13,229        0         --         --
156        1,670,670.83    8.260%      13,218        0         --         --
157        1,646,386.99    8.090%      13,949        0         --         --
158        1,637,506.93    8.370%      13,062        0         --         --
159        1,624,792.17    8.090%      12,748        0         --         --
160        1,594,820.22    7.370%      11,045        0         --         --
161        1,592,169.10    7.490%      11,176        0         --         --
162        1,587,879.21    7.030%      10,677        0         --         --
163        1,554,481.30    8.170%      11,626        0         --         --
164        1,528,187.40    9.000%      12,882        0         --         --
165        1,527,556.29    7.965%      11,189        0         --         --
<FN>
(1)  Legend:
     A.   P&I Adv - in Grace Period
     B.   P&I Adv - less one month delinquent
     1.   P&I Adv - delinquent one month
     2.   P&I Adv - delinquent two months
     3.   P&I Adv - delinquent 3+ months
     4.   Mat. Balloon/Assumed P&I
     5.   Prepaid in Full
     6.   Specially Serviced
     7.   Foreclosure
     8.   Bankruptcy
     9.   REO
     10.  DPO
     11.  Modification
</FN>
</TABLE>

                                   Page - 25
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
           Ending                                                      Loan
Disc      Principal        Note      Scheduled            Prepayment  Status
Ctrl#      Balance         Rate         P&I     Prepayment   Date     Code (1)
<S>     <C>                <C>       <C>           <C>     <C>          <C>
166        1,526,743.75    7.860%      11,078        0         --         --
167        1,505,773.39    6.960%      10,718        0         --         --
168        1,493,550.50    7.110%      10,707        0         --         --
169        1,482,813.14    7.210%      10,803        0         --         --
170        1,481,874.75    7.920%      11,391        0         --         --
171        1,418,036.63    7.760%      10,773        0         --         --
172          968,990.42    7.840%       7,404        0         --         --
173          448,334.55    7.840%       3,426        0         --         --
174        1,414,333.58    6.950%      10,072        0         --         --
175        1,396,420.06    8.310%      11,094        0         --         --
176        1,391,074.02    7.800%      11,537        0         --         --
177        1,387,848.51    7.510%      10,355        0         --         --
178        1,378,837.98    7.940%      10,673        0         --         --
179        1,345,035.34    7.870%      10,304        0         --         --
180        1,343,442.30    7.790%      10,232        0         --         --
181        1,316,949.25    7.450%       9,219        0         --         --
182        1,274,827.51    8.010%      12,326        0         --         --
183        1,261,438.31    7.530%       8,899        0         --         --
184        1,260,027.74    7.520%       8,848        0         --         --
185        1,255,362.60    9.110%      10,669        0         --         --
186        1,230,603.57    7.625%       9,347        0         --         --
187        1,230,419.53    7.830%       9,393        0         --         --
188        1,192,991.11    7.720%       9,040        0         --         --
189        1,186,804.04    8.550%      10,100        0         --         --
190        1,179,915.79    7.075%       9,358      100         --         --
191        1,145,908.98    8.025%       8,895        0         --         --
192        1,141,913.37    8.650%       9,377        0         --         A
193        1,136,447.73    7.050%       8,165        0         --         A
194        1,133,761.38    7.810%       8,641        0         --         --
195        1,134,463.58    8.510%       8,743        0         --         A
196          375,411.34    6.910%       2,664        0         --         --
197          375,411.34    6.910%       2,664        0         --         --
198          360,592.37    6.910%       2,559        0         --         --
199        1,096,837.66    7.750%       8,309        0         --         --
200        1,093,328.85    7.625%       7,821        0         --         --
201        1,089,289.28    7.465%       8,104        0         --         --
202        1,043,842.30    7.700%       7,897        0         --         --
203        1,037,668.53    7.560%       7,800        0         --         --
204        1,032,037.23    8.900%       8,648        0         --         --
205        1,028,945.79    7.625%       7,815        0         --         A
206        1,020,960.69    7.540%       7,601        0         --         --
207        1,013,385.97    7.980%       7,434        0         --         A
208        1,008,010.18    8.240%       7,976        0         --         --
209          996,400.22    7.970%       7,698        0         --         --
210          996,083.60    7.570%       7,436        0         --         --
<FN>
(1)  Legend:
     A.   P&I Adv - in Grace Period
     B.   P&I Adv - less one month delinquent
     1.   P&I Adv - delinquent one month
     2.   P&I Adv - delinquent two months
     3.   P&I Adv - delinquent 3+ months
     4.   Mat. Balloon/Assumed P&I
     5.   Prepaid in Full
     6.   Specially Serviced
     7.   Foreclosure
     8.   Bankruptcy
     9.   REO
     10.  DPO
     11.  Modification
</FN>
</TABLE>
                                   Page - 26
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
           Ending                                                      Loan
Disc      Principal        Note      Scheduled            Prepayment  Status
Ctrl#      Balance         Rate         P&I     Prepayment   Date     Code (1)
<S>     <C>                <C>       <C>           <C>     <C>          <C>
211           994,253.46     7.800%        7,586        0         --       --
212           969,632.48     7.450%        9,242        0         --       --
213           957,390.30     7.770%        7,271        0         --       --
214           946,710.94     8.150%        7,427        0         --       --
215           945,865.07     8.330%        7,541        0         --       --
216           934,988.73     7.875%        7,294        0         --       --
217           932,995.41     7.780%        7,726        0         --       --
218           934,354.21     8.500%        7,584        0         --       A
219           927,152.33     7.700%        6,999        0         --       --
220           920,200.39     7.700%        6,595        0         --       --
221           885,775.24     7.150%        6,412        0         --       --
222           873,230.54     7.350%        6,432        0         --       --
223           870,749.66     7.790%        6,632        0         --       A
224           830,711.42     7.970%        6,413        0         --       --
225           823,021.25     8.250%        6,544        0         --       --
226           821,280.97     8.160%        6,455        0         --       --
227           821,166.21     8.200%        6,497        0         --       --
228           804,909.16     7.625%        6,113        0         --       --
229           795,997.40     8.630%        7,939        0         --       --
230           727,187.08     7.630%        5,494        0         --       --
231           672,927.34     7.750%        5,136        0         --       --
232           659,174.59     9.170%        5,633        0         --       B
233           653,144.17     8.500%        5,286        0         --       --
234           594,351.82     7.050%        4,260        0         --       --
235           542,974.38     7.820%        4,142        0         --       --
236           514,697.86     8.000%        4,052        0         --       --
237           494,022.89     8.000%        3,859        0         --       --
238           487,574.57     8.410%        4,897        0         --       --
239           468,049.81     8.125%        3,698        0         --       --
240           435,473.31     7.625%        3,302        0         --       --
241           428,889.28     8.625%        3,845        0         --       --
242           414,626.12     8.375%        3,347        0         --       --
         ---------------     -----     ---------     ----     --------     ---
          732,670,491.10     0.000%            0      100         --         0
         ===============     =====     =========     ====     ========     ===
<FN>
(1)  Legend:
     A.   P&I Adv - in Grace Period
     B.   P&I Adv - less one month delinquent
     1.   P&I Adv - delinquent one month
     2.   P&I Adv - delinquent two months
     3.   P&I Adv - delinquent 3+ months
     4.   Mat. Balloon/Assumed P&I
     5.   Prepaid in Full
     6.   Specially Serviced
     7.   Foreclosure
     8.   Bankruptcy
     9.   REO
     10.  DPO
     11.  Modification
</FN>
</TABLE>

                                   Page - 27
<PAGE>
<TABLE>
                         SPECIALLY SERVICED LOAN DETAIL
<CAPTION>
                                                         Specially
              Beginning                                  Serviced
Disclosure    Schedule   Interest   Maturity  Property   Status
Control #      Balance     Rate      Date       Type     Code (1)     Comments
<S>         <C>           <C>      <C>        <C>        <C>          <C>


<FN>
(1)  Legend :
     1)  Request for waiver of Prepayment Penalty
     2)   Payment default
     3)   Request for Loan Modification or Workout
     4)  Loan with Borrower Bankruptcy
     5)  Loan in Process of Foreclosure
     6)  Loan now REO Property
     7)  Loans Paid Off
     8)  Loans Returned to Master Servicer
</FN>
</TABLE>


                              MODIFIED LOAN DETAIL

Disclosure   Modification      Modification
Control #       Date           Description




                              REALIZED LOSS DETAIL


                                         Beginning            Gross Proceeds
Dist.  Disclosure  Appraisal  Appraisal  Scheduled   Gross      as a % of
Date   Control #     Date       Value     Balance   Proceeds  Sched Principal



Current Total
Cumulative


<TABLE>
                         REALIZED LOSS DETAIL, Continued
<CAPTION>
         Aggregate       Net        Net Proceeds
Dist.   Liquidation   Liquidation    as a % of      Realized
Date    Expenses (1)   Proceeds     Sched. Balance    Loss
<S>     <C>           <C>           <C>             <C>


Current Total
Cumulative
<FN>
(1)  Aggregate liquidation expenses also include outstanding P&I advances and
     unpaid servicing fees, unpaid trustee fees, etc..
</FN>
</TABLE>

                                   Page - 28

                 MIDLAND LOAN SERVICES, L.P. - Master Servicer
                  Loan Portfolio Analysis System - Loan Status
                    PORTFOLIO: COMM MTGE ACCEPT CORP 1999 C1
                          REPORTING PERIOD: September,
                            DATE PRINTED: 15-Sep-99

<TABLE>
<CAPTION>
               CURRENT
               PRINCIPAL      DAYS                      ENVIRON
ASSET NO       BALANCE       DELINQ     LTV      DSCR    ISSUES      ASSET STATUS                  RESOLUTION TYPE
<S>        <C>                <C>      <C>       <C>      <C>        <C>                           <C>
001           32,143,757       0         N/A     0.00     N/A        N/A                           N/A
002           22,880,561       0         N/A     0.00     N/A        N/A                           N/A
003           15,375,474       0         N/A     0.00     N/A        N/A                           N/A
004           14,000,000       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
005           12,200,000       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
006            4,846,131       0         N/A     0.00     N/A        N/A                           N/A
007            3,996,809       0         N/A     0.00     N/A        N/A                           N/A
008            2,189,130       7         N/A     0.00     N/A        N/A                           N/A
009           10,474,354       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
010           10,010,330       0        79.4%    1.46     N/A        PERFORMING                    PERFORM TO MATURITY
011            9,442,696       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
012            8,682,570       0         N/A     0.00     N/A        N/A                           N/A
013            8,388,495       0        79.5%    1.55     N/A        PERFORMING                    PERFORM TO MATURITY
014            8,136,397       7         N/A     0.00     N/A        N/A                           N/A
015            7,750,000       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
016            7,578,497       0        69.2%    1.03     N/A        PERFORMING                    PERFORM TO MATURITY
017            7,487,126       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
018            7,388,267       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
019            6,999,911       0        78.0%    1.41     N/A        PERFORMING                    PERFORM TO MATURITY
021            6,638,917       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
022            6,381,974       0        73.0%    1.42     N/A        PERFORMING                    PERFORM TO MATURITY
023            6,354,766       0        79.3%    1.40     N/A        PERFORMING                    PERFORM TO MATURITY
024            6,294,586       7         N/A     0.00     N/A        N/A                           N/A
025            6,122,988       0        72.4%    0.92     N/A        PERFORMING                    PERFORM TO MATURITY
026            5,989,701       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
027            5,580,753       0        77.9%    1.35     N/A        PERFORMING                    PERFORM TO MATURITY
028            5,529,502       0         N/A     0.00     N/A        N/A                           N/A
029            5,495,208       0         N/A     0.00     N/A        N/A                           N/A
030            5,473,794       0        71.0%    1.83     N/A        PERFORMING                    PERFORM TO MATURITY
031            5,461,442       0         N/A     0.00     N/A        N/A                           N/A
032            5,411,155       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
033            5,274,023       0        74.8%    0.56     N/A        PERFORMING                    PERFORM TO MATURITY
034            5,262,414       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
035            5,060,070       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
036            4,984,911       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
037            4,985,277       0         N/A     0.00     N/A        N/A                           N/A
038            4,977,089       0         N/A     0.00     N/A        N/A                           N/A
039            4,973,135       0        79.3%    1.43     N/A        PERFORMING                    PERFORM TO MATURITY
040            4,885,960       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
041            4,791,889       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
042            4,726,857       0         N/A     0.00     N/A        N/A                           N/A
043            4,710,743       0         N/A     0.00     N/A        N/A                           N/A
044            4,674,906       0        77.4%    1.64     N/A        PERFORMING                    PERFORM TO MATURITY
045            4,643,263       0        72.3%    1.77     N/A        PERFORMING                    PERFORM TO MATURITY
046            4,611,252       0         N/A     0.00     N/A        N/A                           N/A
047            4,591,348       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
048            4,583,422       0         N/A     0.00     N/A        SUBMISSION                    ORIGINATION
049            4,574,240       0        78.9%    1.45     N/A        PERFORMING                    PERFORM TO MATURITY
050            4,394,280       0        55.7%    1.81     N/A        PERFORMING                    PERFORM TO MATURITY
051            4,390,387       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
052            4,391,025       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
053            4,235,925       0         N/A     0.00     N/A        N/A                           N/A
054            4,227,845       0        74.2%    1.62     N/A        PERFORMING                    PERFORM TO MATURITY
055            4,160,074       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
056            4,105,195       0        66.8%    1.70     N/A        PERFORMING                    PERFORM TO MATURITY
057            4,053,816       0        78.7%    1.22     N/A        PERFORMING                    PERFORM TO MATURITY
058            4,029,237       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
059            4,029,225       7        74.6%    1.40     N/A        PERFORMING                    PERFORM TO MATURITY
060            3,979,206       0        69.0%    1.80     N/A        PERFORMING                    PERFORM TO MATURITY
061            3,976,590       0         N/A     0.00     N/A        N/A                           N/A
062            3,969,592       0        73.5%    1.11     N/A        PERFORMING                    PERFORM TO MATURITY
063            3,967,783       0         N/A     0.00     N/A        N/A                           N/A
064            3,894,015       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
065            3,833,208       0         N/A     0.00     N/A        N/A                           N/A
</TABLE>

                                   Page - 29
<PAGE>
<TABLE>
<CAPTION>
               CURRENT
               PRINCIPAL      DAYS                      ENVIRON
ASSET NO       BALANCE       DELINQ     LTV      DSCR    ISSUES      ASSET STATUS                  RESOLUTION TYPE
<S>        <C>                <C>      <C>       <C>      <C>        <C>                           <C>
066            2,963,773       0        71.3%    1.54     N/A        PERFORMING                    PERFORM TO MATURITY
067              829,305       0        72.1%    1.34     N/A        PERFORMING                    PERFORM TO MATURITY
068            3,732,137       0         N/A     0.00     N/A        N/A                           N/A
069            3,728,494       0         N/A     0.00     N/A        N/A                           N/A
070            3,702,201       0        73.7%    0.99     N/A        PERFORMING                    PERFORM TO MATURITY
071            3,578,548       0        77.2%    2.57     N/A        PERFORMING                    PERFORM TO MATURITY
072            3,501,644       0        73.2%    1.34     N/A        PERFORMING                    PERFORM TO MATURITY
073            3,478,332       0        56.8%    1.49     N/A        PERFORMING                    PERFORM TO MATURITY
074            3,449,433       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
075            3,392,572       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
076            3,341,910       0         N/A     0.00     N/A        N/A                           N/A
077            3,322,670       0         N/A     0.00     N/A        N/A                           N/A
078            3,283,785       0         N/A     0.00     N/A        N/A                           N/A
079            3,263,652       0         N/A     0.00     N/A        N/A                           N/A
080            3,240,115       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
081            3,209,613       0        71.2%    1.40     N/A        PERFORMING                    PERFORM TO MATURITY
082            3,191,552       0         N/A     0.00     N/A        N/A                           N/A
083            3,188,307       0        66.2%    1.23     N/A        PERFORMING                    PERFORM TO MATURITY
084            3,041,620       0        73.5%    1.55     N/A        PERFORMING                    PERFORM TO MATURITY
085            2,990,838       0        58.3%    1.55     N/A        PERFORMING                    ORIGINATION
086            2,973,687       0         N/A     1.49     N/A        PERFORMING                    PERFORM TO MATURITY
087            2,932,668       0        79.5%    1.59     N/A        PERFORMING                    PERFORM TO MATURITY
088            2,925,108       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
089            2,884,554       0        66.3%    1.88     N/A        PERFORMING                    PERFORM TO MATURITY
090            2,881,245       0        72.9%    1.57     N/A        PERFORMING                    PERFORM TO MATURITY
091            2,786,072       0        78.9%    1.76     N/A        PERFORMING                    PERFORM TO MATURITY
092            2,767,184       0        66.9%    1.76     N/A        PERFORMING                    PERFORM TO MATURITY
093            2,758,721       0        66.7%    2.55     N/A        PERFORMING                    PERFORM TO MATURITY
094            2,741,607       7         N/A     0.00     N/A        N/A                           N/A
095            2,708,626       0        70.2%    1.84     N/A        PERFORMING                    PERFORM TO MATURITY
096            2,697,354       0         N/A     0.00     N/A        N/A                           N/A
097            2,672,216       0        69.6%    1.90     N/A        PERFORMING                    PERFORM TO MATURITY
098            2,623,882       0        74.1%    1.33     N/A        PERFORMING                    PERFORM TO MATURITY
099            2,616,073       0         N/A     0.00     N/A        N/A                           N/A
100            2,536,551       0        72.2%    1.44     N/A        PERFORMING                    PERFORM TO MATURITY
101            2,490,609       0        72.3%    2.06     N/A        PERFORMING                    PERFORM TO MATURITY
102            2,475,189       0        72.7%    2.43     N/A        PERFORMING                    PERFORM TO MATURITY
103            2,463,310       0        68.1%    1.74     N/A        PERFORMING                    PERFORM TO MATURITY
104            2,441,267       0        44.4%    2.22     N/A        PERFORMING                    PERFORM TO MATURITY
105            2,450,721       0        69.9%    1.55     N/A        PERFORMING                    PERFORM TO MATURITY
106            2,433,635       0        75.6%    1.68     N/A        PERFORMING                    PERFORM TO MATURITY
107            1,375,646       0        72.3%    1.37     N/A        PERFORMING                    PERFORM TO MATURITY
107            1,013,853       0         N/A     0.00     N/A        N/A                           N/A
108              908,838       0        72.0%    1.37     N/A        PERFORMING                    PERFORM TO MATURITY
109            2,282,394       0         N/A     0.00     N/A        N/A                           N/A
110            2,255,261       0        77.7%    0.75     N/A        PERFORMING                    PERFORM TO MATURITY
111            2,244,610       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
112            2,243,818       0        74.8%    1.35     N/A        PERFORMING                    PERFORM TO MATURITY
113            2,238,437       0        66.8%    1.49     N/A        PERFORMING                    PERFORM TO MATURITY
114            2,234,513       0        77.1%    1.75     N/A        PERFORMING                    PERFORM TO MATURITY
115            2,231,965       0         N/A     0.00     N/A        N/A                           N/A
116            2,211,731       7         N/A     0.00     N/A        N/A                           N/A
117            2,196,634       0         N/A     0.00     N/A        N/A                           N/A
118            2,191,636       0        77.7%    1.56     N/A        PERFORMING                    PERFORM TO MATURITY
119            2,176,488       0         N/A     0.00     N/A        N/A                           N/A
120            2,172,690       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
121            2,137,004       0        68.7%    1.72     N/A        PERFORMING                    PERFORM TO MATURITY
122            2,124,377       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
123            2,119,346       7         N/A     0.00     N/A        N/A                           N/A
124            2,081,544       0        77.8%    1.40     N/A        PERFORMING                    PERFORM TO MATURITY
125            2,077,925       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
126            2,020,897       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
127            2,011,055       0         N/A     0.00     N/A        N/A                           N/A
128            1,994,413       0        71.5%    1.46     N/A        PERFORMING                    PERFORM TO MATURITY
129            1,993,350       0         N/A     0.00     N/A        N/A                           N/A
130            1,982,547       0        79.3%    1.47     N/A        PERFORMING                    PERFORM TO MATURITY
131            1,974,826       0        73.4%    1.24     N/A        PERFORMING                    PERFORM TO MATURITY
132            1,964,154       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
133            1,935,206       0         N/A     0.00     N/A        N/A                           N/A
134            1,908,391       0        77.5%    1.91     N/A        PERFORMING                    PERFORM TO MATURITY
135            1,891,713       0         N/A     0.00     N/A        N/A                           N/A
136            1,877,531       0        78.1%    1.74     N/A        PERFORMING                    PERFORM TO MATURITY
137            1,859,283       0        51.7%    1.96     N/A        PERFORMING                    PERFORM TO MATURITY
</TABLE>

                                   Page - 30
<PAGE>
<TABLE>
<CAPTION>
               CURRENT
               PRINCIPAL      DAYS                      ENVIRON
ASSET NO       BALANCE       DELINQ     LTV      DSCR    ISSUES      ASSET STATUS                  RESOLUTION TYPE
<S>        <C>                <C>      <C>       <C>      <C>        <C>                           <C>
138            1,845,229       0        72.9%    1.54     N/A        PERFORMING                    PERFORM TO MATURITY
139            1,841,931       0         N/A     0.00     N/A        N/A                           N/A
140            1,833,147       0        69.0%    2.00     N/A        PERFORMING                    PERFORM TO MATURITY
141            1,796,393       0        75.9%    1.24     N/A        PERFORMING                    PERFORM TO MATURITY
142            1,794,855       0         N/A     0.00     N/A        N/A                           N/A
143            1,794,520       0         N/A     0.00     N/A        N/A                           N/A
144            1,790,274       0         N/A     0.00     N/A        N/A                           N/A
145            1,790,462       0         N/A     0.00     N/A        N/A                           N/A
146            1,780,970       0        71.1%    1.28     N/A        PERFORMING                    PERFORM TO MATURITY
147            1,780,028       7        77.9%    1.55     N/A        PERFORMING                    PERFORM TO MATURITY
148            1,770,269       0         N/A     0.00     N/A        N/A                           N/A
149            1,748,862       0        71.4%    1.22     N/A        PERFORMING                    PERFORM TO MATURITY
150            1,739,512       0        74.0%    1.39     N/A        PERFORMING                    PERFORM TO MATURITY
151            1,734,830       0        73.8%    1.49     N/A        PERFORMING                    PERFORM TO MATURITY
152            1,710,697       0        60.0%    2.44     N/A        PERFORMING                    PERFORM TO MATURITY
153            1,717,344       0        66.4%    2.21     N/A        PERFORMING                    PERFORM TO MATURITY
154            1,699,419       0        72.3%    2.13     N/A        PERFORMING                    PERFORM TO MATURITY
155            1,677,466       0        64.2%    1.47     N/A        PERFORMING                    PERFORM TO MATURITY
156            1,670,671       0        68.9%    1.37     N/A        PERFORMING                    PERFORM TO MATURITY
157            1,646,387       0        78.5%    1.14     N/A        PERFORMING                    PERFORM TO MATURITY
158            1,637,507       0         N/A     0.00     N/A        N/A                           N/A
159            1,624,792       0        69.3%    0.80     N/A        PERFORMING                    PERFORM TO MATURITY
160            1,594,820       0        64.4%    1.60     N/A        PERFORMING                    ORIGINATION
161            1,592,169       0        76.9%    1.07     N/A        PERFORMING                    PERFORM TO MATURITY
162            1,587,879       0         N/A     0.00     N/A        N/A                           N/A
163            1,554,481       0        71.7%    1.78     N/A        PERFORMING                    PERFORM TO MATURITY
164            1,528,187       0        72.9%    1.00     N/A        PERFORMING                    PERFORM TO MATURITY
165            1,527,556       0         N/A     0.00     N/A        N/A                           N/A
166            1,526,744       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
167            1,505,773       0        72.5%    1.46     N/A        PERFORMING                    PERFORM TO MATURITY
168            1,493,551       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
169            1,482,813       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
170            1,481,875       0        72.2%    1.07     N/A        PERFORMING                    PERFORM TO MATURITY
171            1,418,037       0        73.9%    1.66     N/A        PERFORMING                    PERFORM TO MATURITY
172              968,990       0        72.0%    1.46     N/A        PERFORMING                    PERFORM TO MATURITY
173              448,335       0        71.2%    1.43     N/A        PERFORMING                    PERFORM TO MATURITY
174            1,414,334       0         N/A     0.00     N/A        N/A                           N/A
175            1,396,420       0         N/A     0.00     N/A        N/A                           N/A
176            1,391,074       0         N/A     0.00     N/A        N/A                           N/A
177            1,387,849       0        73.7%    1.91     N/A        PERFORMING                    PERFORM TO MATURITY
178            1,378,838       0        77.6%    1.51     N/A        PERFORMING                    PERFORM TO MATURITY
179            1,345,035       0        71.1%    1.64     N/A        PERFORMING                    PERFORM TO MATURITY
180            1,343,442       0        73.4%    1.79     N/A        PERFORMING                    PERFORM TO MATURITY
181            1,316,949       0         N/A     0.00     N/A        N/A                           N/A
182            1,274,828       0        60.4%    1.93     N/A        PERFORMING                    PERFORM TO MATURITY
183            1,261,438       0        74.7%    1.61     N/A        PERFORMING                    PERFORM TO MATURITY
184            1,260,028       0        77.0%    1.45     N/A        PERFORMING                    PERFORM TO MATURITY
185            1,255,363       0        69.7%    2.37     N/A        PERFORMING                    PERFORM TO MATURITY
186            1,230,604       0         N/A     0.00     N/A        N/A                           N/A
187            1,230,420       0        72.7%    1.65     N/A        PERFORMING                    PERFORM TO MATURITY
188            1,192,991       0        74.4%    0.52     N/A        PERFORMING                    PERFORM TO MATURITY
189            1,186,804       0         N/A     0.00     N/A        N/A                           N/A
190            1,179,916       0         N/A     0.00     N/A        N/A                           N/A
191            1,145,909       0         N/A     0.00     N/A        N/A                           N/A
192            1,142,778       0         N/A     0.00     N/A        N/A                           N/A
193            1,137,706       0         N/A     0.00     N/A        N/A                           N/A
194            1,133,761       0        68.1%    1.62     N/A        PERFORMING                    PERFORM TO MATURITY
195            1,134,890       0         N/A     0.00     N/A        N/A                           N/A
196              375,411       0        69.9%    2.00     N/A        PERFORMING                    PERFORM TO MATURITY
197              375,411       0        68.6%    1.55     N/A        PERFORMING                    PERFORM TO MATURITY
198              360,592       0        69.1%    1.98     N/A        PERFORMING                    PERFORM TO MATURITY
199            1,096,838       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
20             6,927,890       0        70.5%    1.81     N/A        PERFORMING                    ORIGINATION
200            1,093,329       0         N/A     0.00     N/A        N/A                           N/A
201            1,087,962       0        70.1%    1.75     N/A        PERFORMING                    PERFORM TO MATURITY
202            1,043,842       0         N/A     0.00     N/A        N/A                           N/A
203            1,037,669       0         N/A     0.00     N/A        N/A                           N/A
204            1,032,037       0         N/A     0.00     N/A        N/A                           N/A
205            1,030,215       0         N/A     0.00     N/A        N/A                           N/A
206            1,020,961       0        75.3%    1.44     N/A        PERFORMING                    PERFORM TO MATURITY
208            1,008,010       0         N/A     0.00     N/A        N/A                           N/A
209              996,400       0        69.3%    1.69     N/A        PERFORMING                    PERFORM TO MATURITY
210              996,084       0        72.9%    1.55     N/A        PERFORMING                    ORIGINATION
</TABLE>

                                   Page - 31
<PAGE>
<TABLE>
<CAPTION>
               CURRENT
               PRINCIPAL      DAYS                      ENVIRON
ASSET NO       BALANCE       DELINQ     LTV      DSCR    ISSUES      ASSET STATUS                  RESOLUTION TYPE
<S>        <C>                <C>      <C>       <C>      <C>        <C>                           <C>
211              994,253       0         N/A     0.00     N/A        N/A                           N/A
212              969,632       0        39.1%    3.64     N/A        PERFORMING                    PERFORM TO MATURITY
213              957,390       0        72.2%    1.74     N/A        PERFORMING                    ORIGINATION
214              946,711       0        63.1%    1.75     N/A        PERFORMING                    ORIGINATION
215              945,865       0         N/A     0.00     N/A        N/A                           N/A
216              934,989       0         N/A     0.00     N/A        N/A                           N/A
217              932,995       0        89.9%    0.98     N/A        PERFORMING                    PERFORM TO MATURITY
218              935,094       0         N/A     0.00     N/A        N/A                           N/A
219              927,152       0         N/A     0.00     N/A        N/A                           N/A
220              920,200       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
221              885,775       0         N/A     0.00     N/A        N/A                           N/A
222              873,231       0         N/A     0.00     N/A        N/A                           N/A
223              871,535       0         N/A     0.00     N/A        N/A                           N/A
224              830,711       0        72.5%    1.59     N/A        PERFORMING                    PERFORM TO MATURITY
225              823,021       0         N/A     0.00     N/A        N/A                           N/A
226              821,281       0        72.8%    0.76     N/A        PERFORMING                    PERFORM TO MATURITY
227              821,166       0         N/A     0.00     N/A        N/A                           N/A
228              804,909       0         N/A     0.00     N/A        N/A                           N/A
229              795,997       0         N/A     0.00     N/A        N/A                           N/A
230              727,187       0        71.4%    1.40     N/A        PERFORMING                    PERFORM TO MATURITY
231              672,927       0         N/A     0.00     N/A        N/A                           N/A
232              659,599       7         N/A     0.00     N/A        N/A                           N/A
233              653,144       0         N/A     0.00     N/A        N/A                           N/A
234              594,352       0         N/A     0.00     N/A        N/A                           N/A
235              542,974       0        74.3%    1.33     N/A        PERFORMING                    PERFORM TO MATURITY
236              494,023       0         N/A     0.00     N/A        N/A                           N/A
236              514,698       0         N/A     0.00     N/A        N/A                           N/A
238              487,575       0        57.9%    1.80     N/A        PERFORMING                    PERFORM TO MATURITY
239              468,050       0         N/A     0.00     N/A        N/A                           N/A
240              435,473       0         N/A     0.00     N/A        N/A                           N/A
241              428,889       0         N/A     0.00     N/A        N/A                           N/A
242              414,626       0         N/A     0.00     N/A        N/A                           N/A
- --         -------------     ---      ------     ----     ---        -------------------------     ------------------------------
TOTAL        732,722,570
           =============
</TABLE>

                                   Page - 32
<PAGE>
                MIDLAND LOAN SERVICES, L.P. - Master Servicer
                  Loan Portfolio Analysis System - Loan Terms
                    PORTFOLIO: COMM MTGE ACCEPT CORP 1999 C1
                          REPORTING PERIOD: September,
                            DATE PRINTED: 16-Sep-99
<TABLE>
<CAPTION>
                                                              REMAIN
                CURRENT         ORIG                          LOAN TERM               INT
                PRINCIPAL       NOTE         LOAN AMORT       IN         INT          RATE
ASSET NO        BALANCE         DATE            DATE          MONTHS     RATE         TYPE            PAYMENT
<S>          <C>               <C>            <C>             <C>        <C>            <C>           <C>
001            32,143,757      09/09/1998     10/01/2028      109        7.200%         F             219,927
002            22,880,561      03/17/1999     04/01/2024      115        7.450%         F             169,221
003            15,375,474      07/27/1999     05/01/2028      344        7.170%         F             105,277
004            14,000,000      04/16/1999     05/01/2026      320        7.870%         F              91,817
005            12,200,000      04/16/1999     05/01/2026      320        7.870%         F              80,012
006             4,846,131      06/24/1999     07/01/2029      118        8.320%         F              36,675
007             3,996,809      06/24/1999     07/01/2029      118        8.320%         F              30,248
008             2,189,130      06/24/1999     07/01/2029      118        8.320%         F              16,561
009            10,474,354      04/22/1999     05/01/2029      356        7.390%         F              72,628
010            10,010,330      02/17/1999     03/01/2029      114        7.240%         F              68,491
011             9,442,696      04/23/1998     01/01/2029      352        7.550%         F              66,751
012             8,682,570      05/04/1999     06/01/2029      117        7.150%         F              58,760
013             8,388,495      02/18/1999     03/01/2029      114        6.990%         F              55,989
014             8,136,397      04/26/1999     05/01/2029      116        7.810%         F              58,726
015             7,750,000      04/16/1999     05/01/2026      320        7.870%         F              50,827
016             7,578,497      03/30/1999     04/01/2029      115        7.870%         F              55,079
017             7,487,126      05/07/1999     06/01/2029      357        7.715%         F              53,550
018             7,388,267      05/20/1999     06/01/2029      357        7.990%         F              54,247
019             6,999,911      04/21/1999     05/01/2029      116        6.810%         F              45,812
021             6,638,917      03/31/1998     12/01/2023      291        7.820%         F              50,915
022             6,381,974      05/19/1999     06/01/2024      117        7.850%         F              48,762
023             6,354,766      11/23/1998     12/01/2008      111        6.810%         F              41,766
024             6,294,586      06/14/1999     07/01/2024      118        7.850%         F              48,000
025             6,122,988      05/27/1999     06/01/2029      117        7.890%         F              44,532
026             5,989,701      05/07/1999     06/01/2029      357        7.715%         F              42,840
027             5,580,753      05/12/1999     06/01/2024      117        8.010%         F              43,228
028             5,529,502      03/31/1999     10/01/2026      325        7.860%         F              41,121
029             5,495,208      06/03/1999     07/01/2029      118        8.090%         F              40,703
030             5,473,794      04/08/1999     05/01/2022      116        7.630%         F              42,332
031             5,461,442      01/06/1999     02/01/2024      113        8.050%         F              42,632
032             5,411,155      06/02/1997     07/01/2027       58        8.830%         F              43,584
033             5,274,023      04/09/1999     05/01/2029      116        7.940%         F              38,559
034             5,262,414      07/27/1998     11/01/2028      350        7.310%         F              36,371
035             5,060,070      05/07/1999     06/01/2015      189        7.415%         F              45,437
036             4,984,911      05/24/1999     06/01/2024      297        7.510%         F              36,982
037             4,985,277      02/04/1999     03/01/2029      354        8.270%         F              37,634
038             4,977,089      03/23/1999     04/01/2024      115        8.080%         F              38,856
039             4,973,135      02/02/1999     02/01/2029      113        7.250%         F              34,109
040             4,885,960      06/09/1999     07/01/2029      118        8.230%         F              36,668
041             4,791,889      07/21/1998     06/01/2029      357        7.770%         F              34,454
042             4,726,857      12/17/1998     01/01/2029      112        7.960%         F              34,721
043             4,710,743      04/20/1998     06/01/2018      225        7.460%         F              38,953
044             4,674,906      12/23/1998     01/01/2029      112        7.580%         F              33,121
045             4,643,263      05/11/1999     06/01/2029      117        8.290%         F              35,065
046             4,611,252      05/28/1999     06/01/2014      177        7.940%         F              44,277
047             4,591,348      04/29/1999     05/01/2029      116        8.255%         F              34,574
048             4,583,422      02/17/1999     03/01/2029      114        7.575%         F              32,400
049             4,574,240      02/02/1999     02/01/2029      113        7.050%         F              30,759
050             4,394,280      12/08/1998     01/01/2014      172        7.770%         F              42,409
051             4,390,387      05/24/1999     06/01/2024      297        9.020%         F              36,985
052             4,391,025      05/21/1999     06/01/2024      117        7.600%         F              32,802
053             4,235,925      04/01/1999     04/01/2024      295        8.690%         F              34,768
054             4,227,845      04/09/1999     05/01/2029      116        7.810%         F              30,530
055             4,160,074      08/20/1998     09/01/2028      348        6.840%         F              27,493
056             4,105,195      04/21/1999     05/01/2024      116        7.760%         F              31,124
057             4,053,816      01/14/1999     02/01/2029      113        7.220%         F              27,716
058             4,029,237      12/28/1998     01/01/2029      112        7.750%         F              29,015
059             4,029,225      02/03/1999     03/01/2024      114        7.510%         F              29,955
060             3,979,206      01/13/1999     02/01/2029      113        7.220%         F              27,206
061             3,976,590      02/12/1999     03/01/2024      294        7.710%         F              30,108
062             3,969,592      01/15/1999     02/01/2024      113        7.590%         F              29,794
063             3,967,783      12/17/1998     01/01/2024      112        7.250%         F              28,912
064             3,894,015      05/11/1999     06/01/2029      117        8.100%         F              28,889
065             3,833,208      03/15/1999     04/01/2024      295        8.320%         F              30,536
</TABLE>

                                   Page - 33
<PAGE>
<TABLE>
<CAPTION>
                                                              REMAIN
                CURRENT         ORIG                          LOAN TERM               INT
                PRINCIPAL       NOTE         LOAN AMORT       IN         INT          RATE
ASSET NO        BALANCE         DATE            DATE          MONTHS     RATE         TYPE            PAYMENT
<S>          <C>               <C>            <C>             <C>        <C>            <C>           <C>
066             2,963,773      04/06/1999     05/01/2019      116        8.450%         F              25,776
067               829,305      04/06/1999     05/01/2024      116        8.450%         F               6,671
068             3,732,137      04/16/1999     05/01/2029      356        7.900%         F              27,183
069             3,728,494      02/08/1999     03/01/2024      114        7.810%         F              28,473
070             3,702,201      03/30/1999     04/01/2029      115        7.770%         F              26,652
071             3,578,548      11/11/1998     12/01/2028      111        7.530%         F              25,246
072             3,501,644      04/29/1999     05/01/2029      116        7.480%         F              24,494
073             3,478,332      03/12/1999     04/01/2019      115        8.250%         F              29,822
074             3,449,433      03/03/1999     04/01/2029      115        7.590%         F              24,406
075             3,392,572      05/24/1999     06/01/2024      297        9.020%         F              28,579
076             3,341,910      04/21/1999     05/01/2029      116        7.430%         F              23,263
077             3,322,670      12/29/1998     01/01/2029      112        7.700%         F              23,813
078             3,283,785      05/28/1999     06/01/2029      117        7.990%         F              24,111
079             3,263,652      03/26/1999     04/01/2024      115        7.660%         F              24,581
080             3,240,115      04/21/1999     05/01/2026      116        7.760%         F              23,988
081             3,209,613      03/06/1999     04/01/2024      115        7.880%         F              24,635
082             3,191,552      05/05/1999     06/01/2024      117        8.160%         F              25,038
083             3,188,307      04/07/1999     05/01/2024      116        7.900%         F              24,487
084             3,041,620      05/14/1999     06/01/2009      117        7.970%         F              23,480
085             2,990,838      03/09/1999     03/01/2029      139        7.590%         F              21,162
086             2,973,687      07/07/1998     08/01/2028      347        7.480%         F              20,935
087             2,932,668      12/17/1998     01/01/2029      112        7.170%         F              19,964
088             2,925,108      12/23/1998     01/01/2029      112        7.800%         F              21,164
089             2,884,554      01/28/1999     02/01/2029      113        7.110%         F              19,508
090             2,881,245      03/31/1999     04/01/2029      115        7.620%         F              20,445
091             2,786,072      03/03/1999     04/01/2024      115        7.670%         F              21,002
092             2,767,184      05/05/1999     06/01/2024      117        7.850%         F              21,143
093             2,758,721      05/01/1999     06/01/2024      177        8.850%         F              22,920
094             2,741,607      05/07/1999     06/01/2019      117        8.300%         F              23,518
095             2,708,626      01/28/1999     02/01/2024      113        7.420%         F              20,033
096             2,697,354      01/06/1999     02/01/2029      113        7.700%         F              19,321
097             2,672,216      11/30/1998     12/01/2008      111        7.640%         F              20,199
098             2,623,882      04/21/1999     05/01/2029      116        7.560%         F              18,498
099             2,616,073      03/15/1999     04/01/2029      115        7.180%         F              17,783
100             2,536,551      03/23/1999     04/01/2024      115        7.370%         F              18,629
101             2,490,609      04/22/1999     05/01/2024      116        7.770%         F              18,916
102             2,475,189      11/23/1998     12/01/2008      111        7.360%         F              18,248
103             2,463,310      03/31/1999     04/01/2024      115        7.930%         F              18,988
104             2,441,267      12/08/1998     01/01/2014      172        7.770%         F              23,561
105             2,450,721      04/27/1999     05/01/2024      116        7.750%         F              18,581
106             2,433,635      05/11/1999     06/01/2029      117        7.990%         F              17,869
107             1,375,646      11/09/1998     12/01/2023      111        7.950%         F              10,667
107             1,013,853      05/27/1999     06/01/2029      117        7.980%         F               7,434
108               908,838      11/09/1998     12/01/2023      111        7.950%         F               7,047
109             2,282,394      01/29/1999     02/01/2024      113        7.550%         F              17,072
110             2,255,261      04/29/1999     05/01/2024      116        7.640%         F              16,937
111             2,244,610      05/21/1999     06/01/2024      114        8.610%         F              18,285
112             2,243,818      04/30/1999     06/01/2024      117        7.970%         F              17,321
113             2,238,437      12/04/1998     01/01/2029      148        7.740%         F              16,104
114             2,234,513      12/30/1998     01/01/2029      112        7.410%         F              15,573
115             2,231,965      12/11/1988     01/01/2024      112        7.950%         F              17,291
116             2,211,731      11/23/1998     12/01/2028      111        7.100%         F              14,953
117             2,196,634      05/05/1999     06/01/2029      117        8.110%         F              16,312
118             2,191,636      02/23/1999     03/01/2029      114        7.380%         F              15,202
119             2,176,488      06/03/1999     07/01/2024      118        8.135%         F              17,021
120             2,172,690      05/12/1999     06/01/2029      121        8.210%         F              16,279
121             2,137,004      12/30/1998     01/01/2024      112        7.960%         F              16,570
122             2,124,377      05/21/1999     06/01/2024      117        8.160%         F              16,666
123             2,119,346      04/15/1999     05/01/2024      116        8.120%         F              16,570
124             2,081,544      12/21/1998     01/01/2024      112        7.440%         F              15,437
125             2,077,925      06/30/1998     07/01/2028      106        7.000%         F              13,971
126             2,020,897      04/30/1999     05/01/2029      116        8.020%         F              14,887
127             2,011,055      01/08/1999     02/01/2024      113        8.150%         F              15,831
128             1,994,413      05/17/1999     06/01/2024      117        7.890%         F              15,291
129             1,993,350      02/26/1999     03/01/2029      114        7.860%         F              14,481
130             1,982,547      12/16/1998     01/01/2024      112        7.480%         F              14,754
131             1,974,826      01/27/1999     02/01/2019      113        7.430%         F              16,026
132             1,964,154      09/30/1998     10/01/2028      109        7.150%         F              13,373
133             1,935,206      11/25/1997     12/01/2027       39        8.625%         F              15,245
134             1,908,391      11/30/1998     12/01/2008      111        7.470%         F              13,386
135             1,891,713      03/15/1999     04/01/2024      295        8.320%         F              15,070
136             1,877,531      10/27/1998     11/01/2023      110        7.030%         F              13,465
137             1,859,283      05/06/1999     06/01/2014      177        7.880%         F              17,789
</TABLE>
<PAGE>

                                   Page - 34
<TABLE>
<CAPTION>
                                                              REMAIN
                CURRENT         ORIG                          LOAN TERM               INT
                PRINCIPAL       NOTE         LOAN AMORT       IN         INT          RATE
ASSET NO        BALANCE         DATE            DATE          MONTHS     RATE         TYPE            PAYMENT
<S>          <C>               <C>            <C>             <C>        <C>            <C>           <C>
138             1,845,229      05/06/1999     06/01/2024      117        8.270%         F              14,611
139             1,841,931      03/15/1999     04/01/2024      295        8.320%         F              14,673
140             1,833,147      04/30/1999     05/01/2024      116        7.810%         F              13,971
141             1,796,393      03/25/1999     04/01/2029      115        7.520%         F              12,625
142             1,794,855      04/13/1999     05/01/2024      116        8.990%         F              15,093
143             1,794,520      02/18/1999     03/01/2029      114        8.160%         F              13,409
144             1,790,274      04/06/1999     05/01/2019      116        8.880%         F              16,056
145             1,790,462      12/17/1998     01/01/2024      112        7.250%         F              13,047
146             1,780,970      10/27/1998     11/01/2023      110        7.660%         F              13,490
147             1,780,028      03/29/1999     04/01/2024      115        7.720%         F              13,464
148             1,770,269      04/16/1999     05/01/2024      116        7.730%         F              13,399
149             1,748,862      04/29/1999     05/01/2019      116        7.850%         F              14,557
150             1,739,512      10/26/1998     11/01/2023      170        7.120%         F              12,574
151             1,734,830      11/30/1998     12/01/2008      111        8.090%         F              13,611
152             1,710,697      05/04/1999     06/01/2014      117        7.990%         F              16,475
153             1,717,344      02/25/1999     03/01/2024      114        9.000%         F              14,476
154             1,699,419      05/11/1999     06/01/2029      117        8.140%         F              12,655
155             1,677,466      03/22/1999     04/01/2024      115        8.200%         F              13,229
156             1,670,671      05/12/1999     06/01/2024      117        8.260%         F              13,218
157             1,646,387      04/05/1999     05/01/2019      236        8.090%         F              13,949
158             1,637,507      06/11/1999     07/01/2024      178        8.370%         F              13,062
159             1,624,792      11/17/1998     12/01/2023      111        8.090%         F              12,748
160             1,594,820      03/30/1999     04/01/2029      139        7.370%         F              11,045
161             1,592,169      01/18/1999     02/01/2029      113        7.490%         F              11,176
162             1,587,879      10/15/1998     11/01/2028      110        7.030%         F              10,677
163             1,554,481      02/12/1999     03/01/2029      114        8.170%         F              11,626
164             1,528,187      02/25/1999     03/01/2024      114        9.000%         F              12,882
165             1,527,556      05/27/1999     06/01/2029      117        7.965%         F              11,189
166             1,526,744      04/20/1999     05/01/2029      116        7.860%         F              11,078
167             1,505,773      11/02/1998     12/01/2023      111        6.960%         F              10,718
168             1,493,551      04/20/1999     05/01/2024      116        7.110%         F              10,707
169             1,482,813      10/19/1998     11/01/2023      170        7.210%         F              10,803
170             1,481,875      05/06/1999     06/01/2024      117        7.920%         F              11,391
171             1,418,037      03/23/1999     04/01/2024      115        7.760%         F              10,773
172               968,990      04/05/1999     05/01/2024      116        7.840%         F               7,404
173               448,335      04/05/1999     05/01/2024      116        7.840%         F               3,426
174             1,414,334      10/27/1998     11/01/2023      110        6.950%         F              10,072
175             1,396,420      05/06/1999     06/01/2024      117        8.310%         F              11,094
176             1,391,074      04/08/1999     01/31/2019      232        7.800%         F              11,537
177             1,387,849      12/30/1998     01/01/2024      112        7.510%         F              10,355
178             1,378,838      12/02/1998     01/01/2009      112        7.940%         F              10,673
179             1,345,035      04/28/1999     05/01/2024      116        7.870%         F              10,304
180             1,343,442      03/26/1999     04/01/2024      115        7.790%         F              10,232
181             1,316,949      11/06/1998     12/01/2028      110        7.450%         F               9,219
182             1,274,828      04/16/1999     05/01/2014      176        8.010%         F              12,326
183             1,261,438      11/11/1998     12/01/2028      111        7.530%         F               8,899
184             1,260,028      04/28/1999     02/01/2059      116        7.520%         F               8,848
185             1,255,363      03/12/1999     04/01/2024      115        9.110%         F              10,669
186             1,230,604      06/30/1998     07/01/2023      106        7.625%         F               9,347
187             1,230,420      04/07/1999     05/01/2024      116        7.830%         F               9,393
188             1,192,991      02/09/1999     03/01/2024      114        7.720%         F               9,040
189             1,186,804      11/10/1998     12/01/2022      111        8.550%         F              10,100
190             1,179,916      11/23/1998     12/01/2018      111        7.075%         F               9,358
191             1,145,909      04/16/1999     05/01/2024      116        8.025%         F               8,895
192             1,142,778      12/18/1998     01/01/2024      112        8.650%         F               9,377
193             1,137,706      10/14/1998     11/01/2023      110        7.050%         F               8,165
194             1,133,761      04/30/1999     05/01/2024      116        7.810%         F               8,641
195             1,134,890      05/11/1999     06/01/2029      117        8.510%         F               8,743
196               375,411      10/28/1998     11/01/2023      110        6.910%         F               2,664
197               375,411      10/28/1998     11/01/2023      110        6.910%         F               2,664
198               360,592      10/28/1998     11/01/2023      110        6.910%         F               2,559
199             1,096,838      05/21/1999     06/01/2024      117        7.750%         F               8,309
 20             6,927,890      04/23/1999     05/01/2024      176        8.530%         F              56,104
200             1,093,329      06/30/1998     07/01/2028      106        7.625%         F               7,821
201             1,087,962      11/06/1998     12/01/2023      111        7.465%         F               8,104
202             1,043,842      02/12/1999     03/01/2024      114        7.700%         F               7,897
203             1,037,669      09/10/1998     10/01/2023      109        7.560%         F               7,800
204             1,032,037      12/31/1998     01/01/2024      112        8.900%         F               8,648
205             1,030,215      06/30/1998     07/01/2023      106        7.625%         F               7,815
206             1,020,961      04/08/1999     05/01/2024      116        7.540%         F               7,601
208             1,008,010      03/29/1999     04/01/2024      175        8.240%         F               7,976
209               996,400      04/20/1999     05/01/2024      116        7.970%         F               7,698
210               996,084      04/16/1999     05/01/2024      116        7.570%         F               7,436
</TABLE>

                                   Page - 35
<PAGE>
<TABLE>
<CAPTION>
                                                              REMAIN
                CURRENT         ORIG                          LOAN TERM               INT
                PRINCIPAL       NOTE         LOAN AMORT       IN         INT          RATE
ASSET NO        BALANCE         DATE            DATE          MONTHS     RATE         TYPE            PAYMENT
<S>          <C>               <C>            <C>             <C>        <C>            <C>           <C>
211               994,253      02/12/1999     03/01/2024      114        7.800%         F               7,586
212               969,632      10/23/1998     11/01/2013      170        7.450%         F               9,242
213               957,390      04/27/1999     05/01/2024      116        7.770%         F               7,271
214               946,711      04/16/1999     05/01/2024      116        8.150%         F               7,427
215               945,865      03/16/1999     04/01/2024      115        8.330%         F               7,541
216               934,989      09/10/1998     10/01/2022      109        7.875%         F               7,294
217               932,995      04/12/1999     05/01/2019      116        7.780%         F               7,726
218               935,094      12/01/1998     12/01/2023      111        8.500%         F               7,584
219               927,152      04/21/1999     05/01/2024      116        7.700%         F               6,999
220               920,200      12/08/1998     01/01/2029      112        7.700%         F               6,595
221               885,775      11/20/1998     12/01/2023      111        7.150%         F               6,412
222               873,231      11/13/1998     12/01/2023      111        7.350%         F               6,432
223               871,535      03/17/1999     04/01/2024      115        7.790%         F               6,632
224               830,711      04/30/1999     06/01/2024      117        7.970%         F               6,413
225               823,021      11/03/1998     12/01/2023      111        8.250%         F               6,544
226               821,281      03/25/1999     04/01/2024      115        8.160%         F               6,455
227               821,166      12/31/1998     01/01/2024      112        8.200%         F               6,497
228               804,909      06/30/1998     07/01/2023      106        7.625%         F               6,113
229               795,997      06/18/1999     07/01/2014      178        8.630%         F               7,939
230               727,187      10/26/1998     11/01/2008      110        7.630%         F               5,494
231               672,927      10/06/1998     11/01/2023      110        7.750%         F               5,136
232               659,599      02/26/1999     03/01/2024      114        9.170%         F               5,633
233               653,144      02/19/1999     03/01/2024      114        8.500%         F               5,286
234               594,352      12/08/1998     01/01/2024      112        7.050%         F               4,260
235               542,974      04/14/1999     05/01/2024      116        7.820%         F               4,142
236               494,023      08/25/1998     09/01/2023      108        8.000%         F               3,859
236               514,698      01/27/1998     02/01/2023      101        8.000%         F               4,052
238               487,575      11/11/1998     12/01/2013      171        8.410%         F               4,897
239               468,050      07/07/1998     08/01/2023      107        8.125%         F               3,698
240               435,473      06/09/1998     07/01/2023      166        7.625%         F               3,302
241               428,889      05/18/1998     06/01/2018      225        8.625%         F               3,845
242               414,626      06/04/1998     07/01/2023      106        8.375%         F               3,347
- ---         -------------      ----------     ----------     ----     --------          -----     -----------
TOTAL         732,722,570
            =============
</TABLE>

                                   Page -36
<PAGE>
                 MIDLAND LOAN SERVICES, L.P. - Master Servicer
             Loan Portfolio Analysis System - Property Description
                    PORTFOLIO: COMM MTGE ACCEPT CORP 1999 C1
                       REPORTING PERIOD: September, 1999
                            DATE PRINTED: 15-Sep-99
<TABLE>
<CAPTION>

           PROP                                                     YEAR                     PROPERTY     VALUATION   VALUATION
ASSET NO    NO  PROPERTY TYPE      CITY             STATE   ZIP    BUILT  UNITS   NET SF      VALUE        DATE       SOURCE
<S>         <C> <C>                <C>                <C>  <C>     <C>    <C>   <C>         <C>          <C>        <C>
010         1   Multifamily        EL PASO            TX   79924   1996   320         N/A   12,600,000   02/22/99   UNDERWRITERS
013         1   Multifamily        EL PASO            TX   79915   1993   336         N/A   10,550,000   02/01/99   MAI APPRAISAL
019         1   Multifamily        SPOKANE            WA   99217   1998   192         N/A    8,974,000   04/06/99   UNDERWRITERS
025         1   Industrial         RENO               NV   89511   1996   N/A     104,400    8,455,000   05/13/99   UNDERWRITERS
030         1   Industrial         VERNON             CA   90058   1938   N/A     390,382    7,712,000   11/06/98   UNDERWRITERS
033         1   Retail             LAS VEGAS          NV   89102   1998   N/A      43,770    7,047,000   03/30/99   UNDERWRITERS
039         1   Multifamily        CORPUS CHRISTI     TX   78410   1983   200     177,824    6,270,000   01/19/99   MAI APPRAISAL
049         1   Multifamily        TEMPLE             TX   76504   1983   200         N/A    5,800,000   01/22/99   MAI APPRAISAL
054         1   Office             AMHERST            NY   14228   1992   N/A      39,304    5,700,000   01/27/99   MAI APPRAISAL
059         1   Industrial         SANTA CLARITA      CA   91355   1988   N/A      85,302    5,400,000   12/30/98   MAI APPRAISAL
066         1   Office             ROCKFORD           IL   61107   1994   N/A      17,895    4,154,000   02/01/99   UNDERWRITERS
067         1   Office             LOVES PARK         IL   61111   1973   N/A      12,574    1,150,000   04/22/99   UNDERWRITERS
070         1   Office             SANTA FE           NM   87502   1997   N/A      31,567    5,026,000   02/23/99   UNDERWRITERS
073         1   Industrial         ST LOUIS PARK      MN   55416   1968   N/A     184,190    6,120,000   05/15/98   MAI APPRAISAL
081         1   Retail             YARMOUTH           ME   04096   1900   N/A      46,355    4,509,000   03/04/99   UNDERWRITERS
083         1   Office             CONCORD            NH   03301   1980   N/A     163,324    4,818,000   04/06/99   UNDERWRITERS
084         1   Office             GERMANTOWN         MD   20874   1990   N/A      49,971    4,141,000   04/13/99   UNDERWRITERS
089         1   Multifamily        DEER PARK          TX   77536   1973   216         N/A    4,349,000   12/29/98   UNDERWRITERS
090         1   Multifamily        TUKWILA            WA   98188   1978    81         N/A    3,950,000   02/12/99   MAI APPRAISAL
091         1   Multifamily        WATERVILLE         ME   04901   1973   132         N/A    3,531,000   02/24/99   UNDERWRITERS
092         1   Industrial         SAN LEANDRO        CA   94577   1957   N/A      85,416    4,138,000   03/23/99   UNDERWRITERS
095         1   Office             SILVERDALE         WA   98383   1993   N/A      42,274    3,856,000   12/08/98   UNDERWRITERS
098         1   Retail             SANTA MARIA        CA   93454   1999   N/A      24,000    3,541,000   04/05/99   UNDERWRITERS
100         1   Manufactured       MULLICA TOWNSHIP   NJ   08215   1986    90         N/A    3,515,000   12/22/98   UNDERWRITERS
101         1   Multifamily        KANSAS CITY        MO   64114   1972    90         N/A    3,444,000   06/15/99   UNDERWRITERS
103         1   Office             BURBANK            CA   91505   1971   N/A      23,078    3,619,000   02/18/99   UNDERWRITERS
105         1   Multifamily        OKLAHOMA CITY      OK   73159   1971   192         N/A    3,504,000   05/26/99   UNDERWRITERS
106         1   Multifamily        KINGSVILLE         TX   78363   1985   120         N/A    3,221,000   04/28/99   UNDERWRITERS
112         1   Multifamily        BAYTOWN            TX   77520   1984   138         N/A    3,000,000   02/25/99   UNDERWRITERS
118         1   Multifamily        FORT WORTH         TX   76116   1985    60         N/A    2,820,000   01/21/99   MAI APPRAISAL
131         1   Self Storage       OCEAN SPRINGS      MS   39564   1994   615      67,450    2,689,000   11/19/98   UNDERWRITERS
137         1   Multifamily        BELLFLOWER         CA   90706   1962   107         N/A    3,599,000   04/07/99   UNDERWRITERS
138         1   Self Storage       NORMAN             OK   73072   1995   721         N/A    2,531,000   03/26/99   UNDERWRITERS
140         1   Office             FALLS CHURCH       VA   22042   1964   N/A      46,641    2,658,000   02/22/99   UNDERWRITERS
141         1   Multifamily        SHERMAN            TX   75092   1977   140         N/A    2,368,000   03/24/99   UNDERWRITERS
147         1   Office             STERLING           VA   20165   1990   N/A      14,258    2,285,000   02/26/99   UNDERWRITERS
149         1   Self Storage       LOCKHART           TX   78644   1996   310         N/A    1,434,000   04/02/99   UNDERWRITERS
149         2   Self Storage       SAN MARCOS         TX   78666   1986   262         N/A    1,016,000   04/02/99   UNDERWRITERS
152         1   Retail             ALBUQUERQUE        NM   87108   1962   N/A      87,272    2,852,000   05/24/99   UNDERWRITERS
153         1   Lodging            COLUMBIA           MO   65201   1986   N/A         N/A    2,586,000   11/10/98   UNDERWRITERS
154         1   Multifamily        BROWNSVILLE        TX   78521   1984   119         N/A    2,350,000   01/27/99   MAI APPRAISAL
155         1   Retail             SPRINGFIELD        OR   97478   1980   N/A      64,486    2,612,000   04/21/99   UNDERWRITERS
156         1   Manufactured       CALUMET PARK       IL   60643   1950   N/A         N/A    2,425,000   10/21/98   UNDERWRITERS
163         1   Office             EDWARDS            CO   81632   1997   N/A      10,618    2,169,000   01/28/99   UNDERWRITERS
164         1   Lodging            HUTCHINSON         KS   67501   1980   N/A         N/A    2,097,174   05/11/99   UNDERWRITERS
170         1   Warehouse          COLORADO SPRINGS   CO   80906   1996   N/A      42,636    2,052,000   03/29/99   UNDERWRITERS
171         1   Industrial         WALLINGFORD        CT   06492   1991   N/A      24,828    1,919,000   03/22/99   UNDERWRITERS
172         1   Multifamily        DALLAS             TX   75227   1984    71         N/A    1,346,000   03/17/99   UNDERWRITERS
173         1   Multifamily        DALLAS             TX   75227   1984    26         N/A      630,000   03/17/99   UNDERWRITERS
180         1   Multifamily        BATON ROUGE        LA   70806   1970   191         N/A    1,830,000   03/16/99   UNDERWRITERS
182         1   Retail             BUFFALO            NY   14206   1974   N/A     110,680    2,109,000   04/14/99   UNDERWRITERS
184         1   Multifamily        COLUMBIA           MO   65203   1996    20         N/A    1,637,000   03/24/99   UNDERWRITERS
185         1   Lodging            DODGE CITY         KS   67801   1980   N/A         N/A    1,800,036   05/11/99   UNDERWRITERS
187         1   Office             SANDY              UT   84094   1978   N/A      25,351    1,692,620   03/04/99   UNDERWRITERS
188         1   Office             LEBANON            NH   03784   1989   N/A      20,898    1,604,000   11/01/98   UNDERWRITERS
194         1   Office             FALLS CHURCH       VA   22042   1967   N/A      24,473    1,664,000   02/25/99   UNDERWRITERS
206         1   Multifamily        IRVING             TX   75061   1971    85         N/A    1,356,000   04/01/99   UNDERWRITERS
209         1   Multifamily        OAK PARK HEIGHTS   MN   55082   1964    45         N/A    1,437,000   02/25/99   UNDERWRITERS
217         1   Office             BEDFORD            NH   03110   1966   N/A      17,113    1,038,000   01/22/99   UNDERWRITERS
224         1   Multifamily        BELLVILLE          TX   77418   1982    76         N/A    1,146,000   02/25/99   UNDERWRITERS
226         1   Manufactured       VAN METER          IA   50038   1963   N/A         N/A    1,128,000   03/25/99   UNDERWRITERS
235         1   Multifamily        IRVING             TX   75061   1966    32         N/A      731,000   03/24/99   UNDERWRITERS
</TABLE>

                                   Page - 37
<PAGE>
                 MIDLAND LOAN SERVICES, L.P. - Master Servicer
             Loan Portfolio Analysis System - Property Performance
                    PORTFOLIO: COMM MTGE ACCEPT CORP 1999 C1
                       REPORTING PERIOD: September, 1999
                            DATE PRINTED: 15-Sep-99
<TABLE>
<CAPTION>
                BASELINE OR                                                YTD        YTD
 ASSET     PROP MOST RECENT   NOI                            MOST RECENT  PERIOD     PERIOD                       PERCENT
  NO       NO   ANNUAL NOI   AS OF     NOI SOURCE              YTD NOI    BEGIN      ENDING     YTD NOI SOURCE    OCCUPIED   AS OF
<S>        <C> <C>          <C>        <C>                   <C>          <C>        <C>        <C>                <C>     <C>
010        1    1,203,266   N/A        UNDERWRITER              452,582   3/1/99     6/30/99    BORROWER            98.0%  6/22/99
013        1    1,046,373   N/A        UNDERWRITER              334,125   3/1/99     6/30/99    BORROWER            95.0%  6/30/99
019        1      778,748   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 91.7%  6/15/99
025        1      496,477   N/A        UNDERWRITER              194,751   1/1/99     3/31/99    BORROWER            91.7%  6/30/99
030        1      932,618   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A   N/A
033        1      259,319   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 93.0%  4/8/99
039        1      586,612   N/A        UNDERWRITER              155,857   1/1/99     3/31/99    BORROWER            94.0%  3/31/99
049        1      535,581   N/A        UNDERWRITER              141,466   1/1/99     3/31/99    BORROWER            90.0%  12/31/98
054        1      596,738   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 94.0%  3/29/99
059        1      505,609   N/A        UNDERWRITER              135,704   10/1/98    12/31/98   BORROWER           100.0%  1/20/99
066        1      477,212   N/A        UNDERWRITER              397,677   1/1/98     10/31/98   UNDERWRITER        100.0%  1/1/99
067        1      108,047   N/A        UNDERWRITER               24,296   10/1/98    12/31/98   BORROWER           100.0%  1/1/99
070        1      318,090   N/A        UNDERWRITER               94,493   1/1/99     3/31/99    BORROWER           100.0%  3/31/99
073        1      533,768   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                100.0%  3/1/99
081        1      414,817   N/A        UNDERWRITER               93,955   1/1/99     3/31/99    BORROWER            95.0%  6/30/99
083        1      364,051   12/31/98   BORROWER                 204,426   1/1/99     6/30/99    BORROWER            90.0%  6/30/99
084        1      437,149   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A   N/A
089        1      441,823   N/A        UNDERWRITER              319,906   1/1/99     6/30/99    BORROWER            96.0%  6/24/99
090        1      385,508   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 99.0%  1/15/99
091        1      445,061   N/A        UNDERWRITER              143,989   1/1/99     6/30/99    BORROWER            89.0%  2/25/99
092        1      447,500   N/A        UNDERWRITER               99,933   1/1/99     3/31/99    BORROWER             N/A   N/A
095        1      443,463   12/31/98   BORROWER                 236,454   1/1/99     6/30/99    BORROWER           100.0%  6/30/99
098        1      295,757   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A   N/A
100        1      322,193   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A   N/A
101        1      467,654   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A   N/A
103        1      396,763   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                100.0%  1/15/99
105        1      347,472   N/A        UNDERWRITER              118,785   1/1/99     3/31/99    BORROWER            96.0%  4/19/99
106        1      360,923   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 95.8%  5/1/99
112        1      280,690   N/A        UNDERWRITER              122,801   10/1/98    3/31/99    BORROWER             N/A   N/A
118        1      286,019   N/A        UNDERWRITER               28,488   3/1/99     3/31/99    BORROWER            96.7%  3/23/99
131        1      239,369   12/31/98   FILE                     167,439   1/1/99     6/11/99    BORROWER           100.0%  6/1/99
137        1      419,475   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 96.3%  4/1/99
138        1      271,374   N/A        UNDERWRITER               68,722   1/1/99     3/31/99    BORROWER           100.0%  5/5/99
140        1      335,503   N/A        UNDERWRITER               81,092   1/1/99     3/31/99    BORROWER           100.0%  4/1/99
141        1      188,502   N/A        UNDERWRITER              101,533   1/1/99     5/31/99    BORROWER            93.6%  5/25/99
147        1      250,559   N/A        UNDERWRITER               67,537   1/1/99     3/31/99    BORROWER            98.7%  3/22/99
149        1      127,691   N/A        UNDERWRITER               63,667   9/1/98     2/28/99    UNDERWRITER         80.6%  6/21/99
149        2       86,388   N/A        UNDERWRITER               36,906   9/1/98     2/28/99    UNDERWRITER         93.5%  6/21/99
152        1      483,411   N/A        UNDERWRITER              102,818   1/1/99     3/31/99    BORROWER            96.0%  8/2/99
153        1      384,618   12/31/98   BORROWER                 159,260   1/1/99     6/30/99    BORROWER            73.6%  6/30/99
154        1      324,227   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A   N/A
155        1      233,638   N/A        UNDERWRITER              125,695   1/1/99     6/30/99    BORROWER            90.7%  8/2/99
156        1      218,520   N/A        UNDERWRITER               43,959   1/1/99     3/31/99    BORROWER            98.0%  3/26/99
163        1      248,965   12/31/98   BORROWER                     N/A   N/A        N/A        N/A                100.0%  1/5/99
164        1      156,025   N/A        UNDERWRITER              134,863   1/1/99     6/30/99    BORROWER            70.3%  6/30/99
170        1      146,560   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A   N/A
171        1      215,736   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                100.0%  3/19/99
172        1      130,137   N/A        UNDERWRITER               92,304   1/1/99     6/30/99    BORROWER           100.0%  6/21/99
173        1       59,021   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 92.3%  2/1/99
180        1      220,246   N/A        UNDERWRITER               28,082   1/1/99     3/31/99    BORROWER            96.3%  3/31/99
182        1      285,853   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 81.0%  4/14/99
</TABLE>

                                   Page - 38
<PAGE>
<TABLE>
<CAPTION>
                BASELINE OR                                                YTD        YTD
 ASSET     PROP MOST RECENT   NOI                            MOST RECENT  PERIOD     PERIOD                       PERCENT
  NO       NO   ANNUAL NOI   AS OF     NOI SOURCE              YTD NOI    BEGIN      ENDING     YTD NOI SOURCE    OCCUPIED   AS OF
<S>        <C> <C>          <C>        <C>                   <C>          <C>        <C>        <C>                <C>     <C>
184        1      154,069   N/A        UNDERWRITER               39,374   1/1/99     3/1/99     BORROWER             N/A   N/A
185        1      303,500   12/31/98   BORROWER                 118,248   1/1/99     6/30/99    BORROWER            65.0%  6/30/99
187        1      186,622   N/A        UNDERWRITER               33,919   1/1/99     6/30/99    BORROWER            95.4%  3/29/99
188        1       56,481   N/A        UNDERWRITER              123,046   1/1/99     6/30/99    BORROWER           100.0%  7/1/99
194        1      168,104   N/A        UNDERWRITER               46,958   1/1/99     3/31/99    BORROWER            93.0%  4/21/99
206        1      132,244   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 99.0%  3/16/99
209        1      156,603   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                100.0%  4/14/99
217        1       90,985   12/31/98   BORROWER                  32,204   1/1/99     3/31/99    BORROWER           100.0%  3/30/99
224        1      122,752   N/A        UNDERWRITER               78,864   10/1/98    3/31/99    BORROWER             N/A   N/A
226        1       59,300   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A   N/A
235        1       66,519   N/A        UNDERWRITER                  N/A   1/1/99     3/31/99    BORROWER            94.0%  1/20/99
</TABLE>

                                   Page - 39
<PAGE>
                  MIDLAND LOAN SERVICES, L.P. - Master Servicer
                 Loan Portfolio Analysis System - Asset Comments
                    PORTFOLIO: COMM MTGE ACCEPT CORP 1999 C1
                        REPORTING PERIOD: September, 1999
                             DATE PRINTED: 15-Sep-99

LOAN  010 - 1:  Partial Year Statement Comment:  06/30/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.

LOAN  013 - 1:  Partial Year Statement Comment:  06/30/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER ESCROW ACCOUNT.

LOAN 019 - 1:

LOAN  025 - 1:  Partial Year Statement Comment:  03/31/1999 - NORMALIZED
PROPERTY TAX PER LOAN SERVICING SYSTEM.  INSURANCE PER BORROWER.

LOAN 030 - 1:

LOAN  033 - 1:  Latest Annual Statement Comment: 12/31/1998 - SUBJECT PROPERTY
 WAS IN LEASE UP THROUGHOUT 1998.

LOAN  039 - 1:  Partial Year Statement Comment:  03/31/1999 - NORMALIZED
INSURANCE PER LOAN SERVICING SYSTEM.   PROPERTY TAX PER BORROWER.

LOAN  049 - 1:  Partial Year Statement Comment:  03/31/1999 - NORMALIZED
PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM.

LOAN 054 - 1:

LOAN 059 - 1:

LOAN 066 - 1:

LOAN  067 - 1:  Partial Year Statement Comment:  12/31/1998 - BORROWER DID NOT
 REPORT PROPERTY TAX. NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING
SYSTEM. BORROWER DID NOT REPORT UTILITY EXPENSE.  SIGNIFICANT DECREASE IN
ADMINISTRATIVE EXPENSE COMPARED TO UNDERWRITING DATA.

LOAN  070 - 1:  Partial Year Statement Comment:  03/31/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN 073 - 1:

LOAN  081 - 1:  Latest Annual Statement Comment: 12/31/1998 - $5000 OTHER
EXPENSES ASSOCIATED WITH APPRAISAL FEES.  Partial Year Statement Comment:
03/31/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  083 - 1:  Latest Annual Statement Comment: 12/31/1998 - NORMALIZED TAXES
 AND INSURANCE PER LOAN SERVICING.  Partial Year Statement Comment:
06/30/1999 - NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM.

LOAN 084 - 1:

LOAN  089 - 1:  Partial Year Statement Comment:  06/30/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.

LOAN 090 - 1:

LOAN  091 - 1:  Partial Year Statement Comment:  06/30/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM. DECREASE IN REV. IS DUE
TO PREPAID RENT THAT IS COLLECTED IN THE THIRD QUARTER.

LOAN  092 - 1:  Latest Annual Statement Comment: 12/31/1998 - The 1998 taxes
are lower than 1997 due to a tax appeal.  The appeal is good for one year only
and must be appealed every year. The Borrower did not appeal the 1998 taxes but
plans to do so retroactively and going forward.


                                   Page - 40
<PAGE>

LOAN  095 - 1:  Latest Annual Statement Comment: 12/31/1998 - NORMALIZED
PROPERTY TAXES & INSURANCE PER LOAN SERVICING INFO.  HIGHER UTILITY USAGE &
MAINTENANCE NEEDS DUE TO HIGHER OCCUPANCY.BORROWER REPORTS HIGHER MISCELLANEOUS
 ADMIN. FEES AND SECURITY EXPENSES. HIGHER DSCR DUE TO FULL OCCUPANCY.
Partial Year Statement Comment:  06/30/1999 - NORMALIZED PROPETY TAXES AND
INSURANCE PER SERVICNG SYSTEM

LOAN 098 - 1:

LOAN  100 - 1:  Latest Annual Statement Comment: 12/31/1998 - THE 1998 GENERAL
AND ADMINISTRATIVE EXPENSE IS HIGHER THAN PREVIOUS YEARS DUE TO INCREASED LEGAL
BILLS FROM THE ACQUISITION OF THE SITE.UTILITY EXPENSE IS BEGINNING TO DECREASE
 DUE TO THE INSTALLATION OF THE NEW SEPTIC SYSTEM IN 1997.

LOAN 101 - 1:

LOAN  103 - 1:  Latest Annual Statement Comment: 12/31/1998 - UTILITY EXPENSES
HIGHER THAN AVERAGE DUE TO THE FACT THAT THE BUILDING IS 25 YEARS OLD AND 22%
OF THE TENANTS ARE ENTERTAINMENT-ORIENTED BUSINESSES WHOSE HOURS OF OPERATION
EXTEND BEYOND NORMAL BUSINESS HOURS.

LOAN  105 - 1:  Partial Year Statement Comment:  03/31/1999 - NORMALIZED TAXES
 AND INSURANCE PER LOAN SERVICING.  INCREASE IN DSCR IS DUE TO ONE TIME LAUNDRY
CONTRACT  INCOME  SIGNED  IN FEB  1999 AND  CAPITAL  REPAIRS  MADE IN 98 AND 99
 REDUCING REPAIRS AND MAINTENANCE.

LOAN 106 - 1:

LOAN  112 - 1:  Partial Year Statement Comment:  03/31/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  118 - 1:  Partial Year Statement Comment:  03/31/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  131 - 1:  Partial Year Statement Comment:  06/11/1999 - Normalized
property taxes and insurance per servicing system.

LOAN 137 - 1:

LOAN  138 - 1:  Partial Year Statement Comment:  03/31/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER SERVICNG SYSTEM

LOAN  140 - 1:  Partial Year Statement Comment:  03/31/1999 - NORMALIZED TAXES
 AND INSURANCE PER LOAN SERVICING.

LOAN  141 - 1:  Partial Year Statement Comment:  05/31/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  147 - 1:  Partial Year Statement Comment:  03/31/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.

LOAN  149 - 1:  Latest Annual Statement Comment: 12/31/1998 - FINANCIAL
FIGURES PER UNDERWRITING ANALYSIS.  Partial Year Statement Comment:
02/28/1999 - FINANCIAL FIGURES PER UNDERWRITING ANALYSIS.

LOAN 149 - 2:Latest Annual Statement Comment: 12/31/1998 - G&A EXPENSES DOUBLED
FROM 1997 TO 1998 DUE TO A ONE TIME INCREASE IN ADVERTISING IN ORDER TO LEASE UP
THE  FACILITY  AFTER  CONSTRUCTION  WAS  COMPLETED  AND  OTHER  ONE  TIME COSTS
ASSOCIATED WITH GETTING THE NEW UNITS READY FOR OCCUPANCY.

LOAN  152 - 1:  Partial Year Statement Comment:  03/31/1999 - NORMALIZED
PROPERTY TAX, INSURANCE AND REPLACEMENT RESERVES PER LOAN SERVICING SYSTEM.

LOAN  153 - 1:  Latest Annual Statement Comment: 12/31/1998 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER LOAN SERVICING INFORMATION. HIGHER ADVERTISING
EXPENSES DUE TO OUTDOOR ADVERTISING AND MARKETING ASSESSMENT COSTS.  Partial
Year Statement Comment: 06/30/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER
 LOAN SERVICING INFORMATION. LOW OCCUPANCY RATE IN THE FIRST QUARTER DUE TO
SEASONAL CYCLE OF THE BUSINESS CAUSING REVENUE AND DSCR TO DECREASE.

LOAN 154 - 1:


                                   Page - 41
<PAGE>

LOAN  155 - 1:  Partial Year Statement Comment:  06/30/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER LOAN SERVICING INFORMATION.INCREASE IN PROPERTY
 TAXES HAS CAUSED INCREASE IN TOTAL OPERATING STATEMENT.

LOAN  156 - 1:  Partial Year Statement Comment:  03/31/1999 - NORMALIZED TAXES
 AND INSURANCE PER LOAN SERVICING.  PER MANAGEMENT. SNOW REMOVAL WITHIN REPAIRS
AND MAINTENANCE WAS AN EXTRAORDINARY EXPENSE REDUCING DSCR.

LOAN  163 - 1:  Latest Annual Statement Comment: 12/31/1998 - NORMALIZED AND
ACTUAL PROPERTY TAXES PER SERVICING INFORMATION.

LOAN  164 - 1:  Partial Year Statement Comment:  06/30/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER LOAN SERVICING INFORMATION. VARIANCE IN DSCR
DUE TO LOW DSCR IN 1998.

LOAN 170 - 1:

LOAN 171 - 1:

LOAN  172 - 1:  Partial Year Statement Comment:  06/30/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM. HIGHER DSCR BASED ON
INCREASED OCCUPANCY AND RENTAL RATES.

LOAN 173 - 1:

LOAN  180 - 1:  Partial Year Statement Comment:  03/31/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  182 - 1:  Latest Annual Statement Comment: 12/31/1998 - CAPITAL REPAIRS
FOR 1998 INCLUDED NEW SEWER LINE AND NEW ROOF FOR THREE SECTIONS OF THE CENTER.
TENANT IMPROVEMENTS IN 1998 ARE FOR TENANT RELOCATION.

LOAN  184 - 1:  Partial Year Statement Comment:  03/01/1999 - DEBT SERVICE
BEFORE FUNDING.

LOAN  185 - 1:  Latest Annual Statement Comment: 12/31/1998 - NORMALIZED
PROPERTY TAX & INSURANCE PER LOAN SERVICING SYSTEM. GENERAL & ADMINISTRATIVE &
OTHER EXPENSES HAVE INCREASED DUE TO LOAN TRANSACTION LEGAL FEES.MANAGEMENT FEES
HAVE INCREASED DUE TO MANAGEMENT RESTRUCTURING.  Partial Year Statement
Comment:  06/30/1999 - NORMALIZED PROPERTY TAX & INSURANCE PER LOAN SERVICING
INFORMATION. LOW OCCUPANCY RATE IN THE FIRST QUARTER DUE TO SEASONALITY CYCLE
OF THE BUSINESS CAUSED LOW REVENUE AND LOW DSCR.

LOAN 187 - 1:

LOAN 188 - 1:

LOAN  194 - 1:  Partial Year Statement Comment:  03/31/1999 - NORMALIZED TAXES
 AND INSURANCE PER LOAN SERVICING.

LOAN 206 - 1:

LOAN 209 - 1:

LOAN  217 - 1:  Latest Annual Statement Comment: 12/31/1998 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM  Partial Year Statement
Comment:  03/31/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING
SYSTEM

LOAN  224 - 1:  Partial Year Statement Comment:  03/31/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  226 - 1:  Latest Annual Statement Comment: 12/31/1998 - THE INCREASE IN
EGI FROM 1997 TO 1998 IS DUE TO A  $25/MONTH RENTAL INCREASE, AS WELL AS THE
SELLER BECOMING MORE ACTIVE IN RV RENTALS.  CAPITAL REPAIRS IN 1998 ARE FOR
STREET REPAIRS. DSCR IS CONSISTENTLY LOW, BUT IS INCREASING FROM HIGHER REVENUE.

LOAN  235 - 1:  Latest Annual Statement Comment: 12/31/1998 - THE BASE RENT
INCREASE '96 TO '98 RESULTED FROM TWO FACTORS.  THE OWNERS HAVE DONE A
SIGNIFICANT AMOUNT OF CAPITAL IMPROVEMENTS.  THE  LACK OF NEW UNITS COMING ON
BOARD IN THE SUBMARKET IN RECENT YEARS HAS LED TO AN INCREASED IN ASKING RENTAL
RATES.

                                   Page - 42


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