Payment Date: 05/25/00
------------------------------------------------------------
Countrywide Home Loans
Asset Backed Certificates, Series 1999-4
------------------------------------------------------------
<TABLE>
<CAPTION>
Class Information Current Payment Information
----------------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru Principal Interest Total Principal Interest
Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Senior A 147,405,696.71 6.520000% 1,538,252.35 800,904.29 2,339,156.63 0.00 0.00
M1 9,900,000.00 6.890000% 0.00 56,842.50 56,842.50 0.00 0.00
M2 8,100,000.00 7.350000% 0.00 49,612.50 49,612.50 0.00 0.00
B 6,300,000.00 9.150000% 0.00 48,037.50 48,037.50 0.00 0.00
BIO 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00
Residual R1 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00
R2 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 171,705,696.71 - 1,538,252.35 955,396.79 2,493,649.13 - -
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior A 145,867,444.36 0.00
M1 9,900,000.00 0.00
M2 8,100,000.00 0.00
B 6,300,000.00 0.00
BIO 0.00 0.00
Residual R1 0.00 0.00
R2 0.00 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 170,167,444.36 -
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 05/25/00
------------------------------------------------------------
Countrywide Home Loans
Asset Backed Certificates, Series 1999-4
------------------------------------------------------------
<TABLE>
<CAPTION>
Class Information Current Payment Information
Factors per $1,000
------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru CUSIP Principal Interest Ending Cert./
Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal.
------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------------
Senior A 147,405,696.71 6.520000% 126671GS9 9.937031 5.173800 942.296152
M1 9,900,000.00 6.890000% 126671GT7 0.000000 5.741667 1,000.000000
M2 8,100,000.00 7.350000% 126671GU4 0.000000 6.125000 1,000.000000
B 6,300,000.00 9.150000% 126671GV2 0.000000 7.625000 1,000.000000
BIO 0.00 0.000000% N/A 0.000000 0.000000 0.000000
Residual R1 0.00 0.000000% N/A 0.000000 0.000000 0.000000
R2 0.00 0.000000% N/A 0.000000 0.000000 0.000000
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 171,705,696.71 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
------------------------------------------------------------
Countrywide Home Loans
Asset Backed Certificates, Series 1999-4
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 131,280,862.29 41,825,801.66 173,106,663.95
Loan count 932 371 1303
Avg loan rate 9.621826% 10.079657% 9.73
Prepay amount 845,026.82 208,903.82 1,053,930.64
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 54,065.06 17,471.78 71,536.84
Sub servicer fees 0.00 0.00 0.00
Trustee fees 0.00 0.00 0.00
Agg advances N/A N/A N/A
Adv this period 157,689.14 64,535.36 222,224.50
--------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
--------------------------------------------------------------------------------
Total
-----
Realized losses 0.00 0.00 0.00
Cumulative losses 0.00 0.00 0.00
Coverage Amounts Total
---------------- -----
Bankruptcy 0.00 0.00 0.00
Fraud 2,731,258.45 866,919.72 3,598,178.17
Special Hazard 0.00 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 100.000000% 100.000000% 171,705,696.71
-----------------------------------------------------------------------------
Junior 0.000000% 0.000000% 0.00
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 112 13,225,710.06
60 to 89 days 34 4,299,963.33
90 or more 16 1,798,559.85
Foreclosure 41 3,601,021.94
Totals: 203 22,925,255.18
--------------------------------------------------------------------------------
<PAGE>
--------------------------------------------------------------------------------
REO INFORMATION
--------------------------------------------------------------------------------
REO Date Loan Number Ending Stated Balance Book Value
-------- ----------- --------------------- ----------
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
Totals: 0 N/A
Current Total Outstanding Balance: 0.00
Current Total Outstanding Number of Loans: 0
<PAGE>
--------------------------------------------------------------------------------
OTHER INFORMATION
--------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 2,493,649.13 2,493,649.13
Principal remittance amount 1,538,252.35 1,538,252.35
Interest remittance amount 955,396.79 955,396.79
