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) May 10, 2000
TRUST CREATED BY PNC MORTGAGE ACCEPTANCE CORPORATION
(under a Pooling & Servicing Agreement
dated as of December 1, 2000, which Trust is
the issuer of Commercial Mortgage Pass-Through
Certificates, Series 1999-CM1)
(Exact name of Registrant as specified in its Charter)
New York 333-60749-03 APPLIED FOR
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Formation) File No.) Identification No.)
Norwest Bank Minnesota, N.A., Trustee,
Corporate Trust Department
3 New York Plaza, 15th Floor
New York, NY
10004
Attention: Asset-Backed Securities Trust Services (Zip Code)
PNCMAC Series 1999-CM1
(Address of principal executive office)
Registrant's telephone number, including area code: (212) 515-5254
The Exhibit Index is on page 2.
Page - 1
<PAGE>
ITEM 5. OTHER EVENTS
Attached hereto is a copy of the May 10, 2000, 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
May 10, 2000.
Loan data files as of the May 2000 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 December
1, 1999
By: Midland Loan Services, Inc.,
/s/ Lawrence D. Ashley
By: Lawrence D. Ashley
Title: Senior Vice President
Date: May 10, 2000
EXHIBIT INDEX
Sequential
Document Page Number
Monthly Remittance Statement to the Certificateholders 3
dated as of May 10, 2000
Loan data file as of the May 2000 Determination Date 28
Page - 2
Norwest Bank Minnesota, N.A. For additional information, please contact:
Corporate Trust Services CTSLink Customer Service
3 New York Plaza, 15th Floor (800) 815-6600
New York, NY 10004 Reports Available on the World Wide Web
@ www.ctslink.com/cmbs
PNC Mortgage Acceptance Corp.
Commercial Mortgage Pass-Through Certificates
Series 1999-CM1
DISTRIBUTION DATE STATEMENT
Payment Date: 05/10/2000
Record Date: 04/28/2000
Master Servicer: Midland Loan Services, Inc.
210 West 10th Street
Kansas City, MO 64105
Contact: Brad Hauger
Phone Number: (816) 292-8629
Special Servicer: Midland Loan Services, Inc.
210 West 10th Street
Kansas City, MO 64105
Contact: Brad Hauger
Phone Number: (816) 292-8629
Underwriter: Donaldson, Lufkin & Jenrette
Securities Corporation
277 Park Avenue
New York, NY 10172
Contact: N. Dante LaRocca
Phone Number: (212) 892-3000
Underwriter: PNC Capital Markets, Inc.
One PNC Plaza, 26th Floor
249 Fifth Avenue
Pittsburgh, PA 15222-2707
Contact: Tim Martin
Phone Number: (412) 762-4256
Underwriter: Prudential Securities Incorporated
One New York Plaza
New York, NY 10292
Contact: John Mulligan
Phone Number: (212) 778-4365
This report has been compiled from information provided to Norwest by various
third parties, which may include the Servicer, Master Servicer, Special Servicer
and others. Norwest has not independently confirmed the accuracy of information
received from these third parties and assumes no duty to do so.
Norwest expressly disclaims any responsibility for the accuracy or completeness
of information furnished by third parties.
Page - 3
<PAGE>
<TABLE>
CERTIFICATE DISTRIBUTION DETAIL
<CAPTION>
Pass-
Through Original Beginning Principal Interest
Class CUSIP Rate Balance Balance Distribution Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1A ... 69348HAB4 7.110000% 123,351,000.00 121,207,790.95 628,371.16 718,156.16
A-1B ... 69348HAC2 7.330000% 433,652,000.00 433,652,000.00 0.00 2,648,890.97
A-2 .... 69348HAD0 7.510000% 39,922,000.00 39,922,000.00 0.00 249,845.18
A-3 .... 69348HAE8 7.660000% 34,218,000.00 34,218,000.00 0.00 218,424.90
A-4 .... 69348HAF5 7.850000% 13,308,000.00 13,308,000.00 0.00 87,056.50
B-1 .... 69348HAG3 7.897651% 24,713,000.00 24,713,000.00 0.00 162,645.55
B-2 .... 69348HAH1 7.897651% 9,505,000.00 9,505,000.00 0.00 62,555.98
B-3 .... 69348HAJ7 7.100000% 26,615,000.00 26,615,000.00 0.00 157,472.08
B-4 .... 69348HAK4 7.100000% 7,604,000.00 7,604,000.00 0.00 44,990.33
B-5 .... 69348HAL2 7.100000% 6,654,000.00 6,654,000.00 0.00 39,369.50
B-6 .... 69348HAM0 6.850000% 10,455,000.00 10,455,000.00 0.00 59,680.63
B-7 .... 69348HAN8 6.850000% 7,604,000.00 7,604,000.00 0.00 43,406.17
B-8 .... 69348HAP3 6.850000% 5,703,000.00 5,703,000.00 0.00 32,554.63
C ...... 69348HAQ1 6.850000% 7,605,000.00 7,605,000.00 0.00 43,411.88
D ...... 69348HAR9 6.850000% 9,505,266.00 9,505,266.00 0.00 53,916.56
E ...... N/A 0.000000% 0.00 0.00 0.00 0.00
R-I .... N/A 0.000000% 0.00 0.00 0.00 0.00
R-II ... N/A 0.000000% 0.00 0.00 0.00 0.00
R-III .. N/A 0.000000% 0.00 0.00 0.00 0.00
--------- -------- -------------- -------------- ---------- ------------
-- -- 760,414,266.00 758,271,056.95 628,371.16 4,622,377.02
Total .. == == ============== ============== ========== ============
</TABLE>
<TABLE>
CERTIFICATE DISTRIBUTION DETAIL, CONTINUED
<CAPTION>
Current
Prepayment Realized Total Ending Subordination
Class Premiums Loss Distribution Balance Level(1)
<S> <C> <C> <C> <C> <C>
A-1A ... 0.00 0.00 1,346,527.32 120,579,419.79 26.85%
A-1B ... 0.00 0.00 2,648,890.97 433,652,000.00 26.85%
A-2 .... 0.00 0.00 249,845.18 39,922,000.00 21.58%
A-3 .... 0.00 0.00 218,424.90 34,218,000.00 17.06%
A-4 .... 0.00 0.00 87,056.50 13,308,000.00 15.31%
B-1 .... 0.00 0.00 162,645.55 24,713,000.00 12.04%
B-2 .... 0.00 0.00 62,555.98 9,505,000.00 10.79%
B-3 .... 0.00 0.00 157,472.08 26,615,000.00 7.28%
B-4 .... 0.00 0.00 44,990.33 7,604,000.00 6.27%
B-5 .... 0.00 0.00 39,369.50 6,654,000.00 5.39%
B-6 .... 0.00 0.00 59,680.63 10,455,000.00 4.01%
B-7 .... 0.00 0.00 43,406.17 7,604,000.00 3.01%
B-8 .... 0.00 0.00 32,554.63 5,703,000.00 2.26%
C ...... 0.00 0.00 43,411.88 7,605,000.00 1.25%
D ...... 0.00 0.00 53,916.56 9,505,266.00 0.00%
E ...... 0.00 0.00 0.00 0.00 0.00%
R-I .... 0.00 0.00 0.00 0.00 0.00%
R-II ... 0.00 0.00 0.00 0.00 0.00%
R-III .. 0.00 0.00 0.00 0.00 0.00%
---------- ---------- ------------ -------------- -------
0.00 0.00 5,250,748.18 757,642,685.79 --
Total .. ==== ==== ============ ============== ==
<FN>
(1) Calculated by taking (A) the sum of the ending certificate balance of all
classes less (B) the sum of (i) the ending certificate balance of the
designated class and (ii) the ending certificate balance of all classes
which are not subordinate to the designated class and dividing the results
by (A).
</FN>
</TABLE>
<TABLE>
CERTIFICATE DISTRIBUTION DETAIL, CONTINUED
<CAPTION>
Pass- Original Beginning Ending
Through Notional Notional Interest Prepayment Total Notional
Class CUSIP Rate Amount Amount Distribution Premiums Distribution Amount
<S> <C> <C> <C> <C> <C> <C> <C> <C>
S 69348HAA6 0.581978% 760,414,266.00 758,271,056.95 367,747.35 0.00 367,747.35 757,642,685.79
========= ======== ============== ============== ========== ========== ========== ==============
</TABLE>
Page - 4
<PAGE>
<TABLE>
CERTIFICATE FACTOR DETAIL
<CAPTION>
Beginning Principal Interest Prepayment Realized Ending
Class CUSIP Balance Distribution Distribution Premiums Loss Balance
<S> <C> <C> <C> <C> <C> <C> <C>
A-1A 69348HAB4 982.62511816 5.09417159 5.82205381 0.00000000 0.00000000 977.53094657
A-1B 69348HAC2 1000.00000000 0.00000000 6.10833334 0.00000000 0.00000000 1000.00000000
A-2 . 69348HAD0 1000.00000000 0.00000000 6.25833325 0.00000000 0.00000000 1000.00000000
A-3 . 69348HAE8 1000.00000000 0.00000000 6.38333333 0.00000000 0.00000000 1000.00000000
A-4 . 69348HAF5 1000.00000000 0.00000000 6.54166667 0.00000000 0.00000000 1000.00000000
B-1 . 69348HAG3 1000.00000000 0.00000000 6.58137620 0.00000000 0.00000000 1000.00000000
B-2 . 69348HAH1 1000.00000000 0.00000000 6.58137612 0.00000000 0.00000000 1000.00000000
B-3 . 69348HAJ7 1000.00000000 0.00000000 5.91666654 0.00000000 0.00000000 1000.00000000
B-4 . 69348HAK4 1000.00000000 0.00000000 5.91666623 0.00000000 0.00000000 1000.00000000
B-5 . 69348HAL2 1000.00000000 0.00000000 5.91666667 0.00000000 0.00000000 1000.00000000
B-6 . 69348HAM0 1000.00000000 0.00000000 5.70833381 0.00000000 0.00000000 1000.00000000
B-7 . 69348HAN8 1000.00000000 0.00000000 5.70833377 0.00000000 0.00000000 1000.00000000
B-8 . 69348HAP3 1000.00000000 0.00000000 5.70833421 0.00000000 0.00000000 1000.00000000
C ... 69348HAQ1 1000.00000000 0.00000000 5.70833399 0.00000000 0.00000000 1000.00000000
D ... 69348HAR9 1000.00000000 0.00000000 5.67228313 0.00000000 0.00000000 1000.00000000
E ... N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-I . N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-II N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-III N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
</TABLE>
<TABLE>
CERTIFICATE FACTOR DETAIL, CONTINUED
<CAPTION>
Beginning Interest Prepayment Ending
Class CUSIP Balance Distribution Premiums Balance
<S> <C> <C> <C> <C> <C>
S 69348HAA6 997.18152441 0.48361448 0.00000000 996.35517068
</TABLE>
Page - 5
<PAGE>
RECONCILIATION DETAIL
ADVANCE SUMMARY
P&I Advances Outstanding 2,197,630.54
Servicing Advances Outstanding 0.00
Reimbursement for Interest on Advances 0.00
SERVICING FEE SUMMARY
Current Period Accrued Servicing Fees 52,163.13
Less Servicing Fees on Delinquent Payments 19,071.15
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 22,973.53
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 56,065.51
<TABLE>
CERTIFICATE INTEREST RECONCILIATION
<CAPTION>
Net Remaining
Aggregate Distributable Unpaid
Accrued Prepayment Distributable Certificate Additional Distributable
Certificate Interest Certificate Interest Trust Fund Interest Certificate
Class Interest Shortfall Interest Adjustment Expenses Distribution Interest
<S> <C> <C> <C> <C> <C> <C> <C>
S ...... 367,747.35 0.00 367,747.35 0.00 0.00 367,747.35 0.00
A-1A ... 718,156.16 0.00 718,156.16 0.00 0.00 718,156.16 0.00
A-1B ... 2,648,890.97 0.00 2,648,890.97 0.00 0.00 2,648,890.97 0.00
A-2 .... 249,845.18 0.00 249,845.18 0.00 0.00 249,845.18 0.00
A-3 .... 218,424.90 0.00 218,424.90 0.00 0.00 218,424.90 0.00
A-4 .... 87,056.50 0.00 87,056.50 0.00 0.00 87,056.50 0.00
B-1 .... 162,645.55 0.00 162,645.55 0.00 0.00 162,645.55 0.00
B-2 .... 62,555.98 0.00 62,555.98 0.00 0.00 62,555.98 0.00
B-3 .... 157,472.08 0.00 157,472.08 0.00 0.00 157,472.08 0.00
B-4 .... 44,990.33 0.00 44,990.33 0.00 0.00 44,990.33 0.00
B-5 .... 39,369.50 0.00 39,369.50 0.00 0.00 39,369.50 0.00
B-6 .... 59,680.63 0.00 59,680.63 0.00 0.00 59,680.63 0.00
B-7 .... 43,406.17 0.00 43,406.17 0.00 0.00 43,406.17 0.00
B-8 .... 32,554.63 0.00 32,554.63 0.00 0.00 32,554.63 0.00
C ...... 43,411.88 0.00 43,411.88 0.00 0.00 43,411.88 0.00
D ...... 54,259.23 0.00 54,259.23 0.00 342.67 53,916.56 1,715.26
E ...... 0.00 0.00 0.00 0.00 0.00 0.00 0.00
------------ ------------ ------------ ------------ ------------ ------------ ------------
Total .. 4,990,467.04 0.00 4,990,467.04 0.00 342.67 4,990,124.37 1,715.26
============ ============ ============ ============ ============ ============ ============
</TABLE>
Page - 6
<PAGE>
OTHER REQUIRED INFORMATION
Available Distribution Amount 5,618,495.53
Aggregate Number of Outstanding Loans 207
Aggregate Stated Principal Balance of Loans 757,642,686.07
Aggregate Unpaid Principal Balance of Loans 757,878,203.47
Aggregate Amount of Servicing Fee 56,065.51
Aggregate Amount of Special Servicing Fee 342.67
Aggregate Amount of Trustee Fee 1,453.31
Aggregate Trust Fund Expenses 0.00
Deferred Interest Received 0
Default Interest Received 0.00
Interest Reserve Deposit 0.00
Interest Reserve Withdraw 0.00
AGGREGATE REDUCTION AMOUNT
Appraisal Date Appraisal
Loan Reduction Reduction
Number Effected Effected
<TABLE>
RATINGS DETAIL
<CAPTION>
Original Ratings Current Ratings(4)
------------------------------- -------------------------------
DCR FITCH MOODY'S S&P DCR FITCH MOODY'S S&P
Class CUSIP (2) (1) (2) (1) (2) (1) (2) (1)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
S ...... 69348HAA6 X AAA X AAAr X AAA X AAAr
A-1A ... 69348HAB4 X AAA X AAA X AAA X AAA
A-1B ... 69348HAC2 X AAA X AAA X AAA X AAA
A-2 .... 69348HAD0 X AA X AA X AA X AA
A-3 .... 69348HAE8 X A X A X A X A
A-4 .... 69348HAF5 X A- X A- X A- X A-
B-1 .... 69348HAG3 X BBB X BBB X BBB X BBB
B-2 .... 69348HAH1 X BBB- X BBB- X BBB- X BBB-
B-3 .... 69348HAJ7 X NR X BB+ X NR X BB+
B-4 .... 69348HAK4 X NR X BB X NR X BB
B-5 .... 69348HAL2 X NR X BB- X NR X BB-
B-6 .... 69348HAM0 X B+ X B+ X B+ X B+
B-7 .... 69348HAN8 X NR X B X NR X B
B-8 .... 69348HAP3 X B- X B- X B- X B-
C ...... 69348HAQ1 X NR X CCC X NR X CCC
D ...... 69348HAR9 X NR X NR X NR X NR
<FN>
(1) NR - Designates that the class was not rated by the above agency at the
time of original issuance.
(2) X - Designates that the above rating agency did not rate any classes
in this transaction at the time of original issuance.
(3) N/A- Data not available this period.
(4) For any class not rated at the time of the original issuance by
any particular rating agency, no request has been made subsequent to
issuance to obtain rating information, if any, from such rating agency.
The current ratings were obtained directly from the applicable
rating agency within 30 days of the payment date listed above. The ratings
may have changed since they were obtained. Because the ratings may have
changed, you may want to obtain current ratings directly from the rating
agencies.
</FN>
</TABLE>
Page - 7
<PAGE>
CURRENT MORTGAGE LOAN AND PROPERTY STRATIFICATION TABLES
<TABLE>
SCHEDULED BALANCE
<CAPTION>
% of Weighted
Scheduled # of Scheduled Aggregate WAM Average
Balance Loans Balance Balance (2) WAC DSCR (1)
<S> <C> <C> <C> <C> <C> <C>
Below 500,000 ................ 1 397,976.70 0.05 114 8.8800 1.890000
500,001 to 750,000 ........... 13 8,560,310.62 1.13 109 8.5519 1.379964
750,001 to 1,000,000 ......... 17 14,807,476.37 1.95 117 8.2073 1.665794
1,000,001 to 1,250,000 ....... 17 18,998,051.12 2.51 111 8.1809 1.476837
1,250,001 to 1,500,000 ....... 15 21,046,561.17 2.78 122 8.1296 1.344159
1,500,001 to 1,750,000 ....... 18 28,944,986.07 3.82 121 8.1088 1.483813
1,750,001 to 2,000,000 ....... 19 34,960,345.12 4.61 105 7.8637 1.451607
2,000,001 to 3,000,000 ....... 34 82,899,109.83 10.94 115 8.0655 1.446009
3,000,001 to 4,000,000 ....... 20 69,454,104.74 9.17 107 7.9392 1.489173
4,000,001 to 5,000,000 ....... 13 58,148,083.20 7.67 114 7.9712 1.428945
5,000,001 to 6,000,000 ....... 10 54,648,450.13 7.21 109 7.9640 1.464040
6,000,001 to 7,000,000 ....... 8 52,482,437.37 6.93 110 7.9276 1.345793
7,000,001 to 8,000,000 ....... 5 36,680,419.86 4.84 113 7.8923 1.506475
8,000,001 to 9,000,000 ....... 2 16,928,389.26 2.23 106 7.4640 1.340209
9,000,001 to 11,500,000 .... 7 74,144,254.15 9.79 109 7.6745 1.314243
11,500,001 to 15,500,000 ..... 4 49,763,342.45 6.57 103 7.9737 1.426111
15,500,001 to 34,500,000 ..... 2 53,595,911.90 7.07 112 7.8649 1.123355
34,500,001 or Greater ........ 2 81,182,476.01 10.72 113 8.3205 1.168140
- ------------------------------ --- -------------- ------ --- ------ --------
Total ........................ 207 757,642,686.07 100.00 111 7.9825 1.380025
=== ============== ====== === ====== ========
<FN>
(1) Debt Service Coverage Ratios are updated periodically as new NOI figures
become available from borrowers on an asset level. In all cases the most
current DSCR provided by the Servicer is used. To the extent that no DSCR
is provided by the Servicer, information from the offering document is
used. The Trustee makes no representation as to the accuracy of the data
provided by the borrower for this calculation.
(2) Anticiapted Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date,
if applicable, and the maturity date.
</FN>
</TABLE>
Page - 8
<PAGE>
<TABLE>
STATE
<CAPTION>
% of Weighted
# of Scheduled Aggregate WAM Average
State (3) Loans Balance Balance (2) WAC DSCR (1)
<S> <C> <C> <C> <C> <C> <C>
Arizona ...................... 7 14,641,620.45 1.93 105 7.8696 1.364483
Arkansas ..................... 5 8,846,048.69 1.17 113 8.3975 1.583736
California ................... 31 113,931,229.26 15.04 113 8.0804 1.408498
Colorado ..................... 8 22,813,932.69 3.01 104 8.2672 1.310064
Connecticut .................. 5 10,619,424.18 1.40 112 8.3411 0.932768
Florida ...................... 17 60,165,772.16 7.94 111 8.1050 1.250690
Georgia ...................... 9 21,777,394.83 2.87 123 8.0357 1.527474
Idaho ........................ 1 1,399,049.61 0.18 222 6.9500 1.850000
Indiana ...................... 4 9,898,000.34 1.31 133 8.0488 1.146068
Iowa ......................... 1 1,426,395.37 0.19 170 8.0300 1.510000
Kansas ....................... 5 7,139,141.90 0.94 96 7.5621 1.381964
Kentucky ..................... 1 5,698,595.00 0.75 112 8.1700 1.340000
Louisiana .................... 5 6,366,951.62 0.84 106 7.5979 1.438984
Maryland ..................... 3 11,796,876.23 1.56 111 7.9385 1.386291
Massachusetts ................ 7 41,043,567.90 5.42 111 7.9668 1.384830
Michigan ..................... 4 48,727,822.51 6.43 112 8.0219 1.072510
Minnesota .................... 3 12,819,575.94 1.69 114 8.4034 1.697496
Mississippi .................. 1 2,153,848.36 0.28 110 8.1000 0.890000
Nebraska ..................... 1 5,581,335.56 0.74 114 8.3600 1.280000
Nevada ....................... 2 3,424,010.72 0.45 110 8.0850 1.583659
New Hampshire ................ 4 12,586,498.40 1.66 101 7.1611 1.386833
New Jersey ................... 5 16,678,768.95 2.20 112 8.1993 1.439319
New Mexico ................... 2 1,979,506.17 0.26 109 8.2800 1.807500
New York ..................... 11 70,515,109.47 9.31 116 8.4679 1.138355
Ohio ......................... 3 6,062,455.11 0.80 106 7.4523 1.638558
Oklahoma ..................... 8 47,661,483.76 6.29 109 7.4082 1.590759
Oregon ....................... 3 4,574,326.84 0.60 105 7.4871 1.781178
Pennsylvania ................. 10 35,408,869.37 4.67 107 7.3753 1.577330
Tennessee .................... 2 14,524,819.57 1.92 83 8.5120 1.467931
Texas ........................ 31 87,953,684.92 11.61 111 7.8546 1.474028
Utah ......................... 2 4,171,238.11 0.55 111 8.1838 1.158535
Vermont ...................... 1 3,789,423.09 0.50 101 7.2600 2.160000
Virginia ..................... 6 26,786,713.08 3.54 111 7.9647 1.385673
Washington ................... 2 5,904,984.51 0.78 100 7.4323 1.444026
Wisconsin .................... 2 8,774,211.40 1.16 110 7.9495 1.591888
--- -------------- ------ --- ------ --------
Total ........................ 212 757,642,686.07 100.00 111 7.9825 1.380025
=== ============== ====== === ====== ========
<FN>
(1) Debt Service Coverage Ratios are updated periodically as new NOI figures
become available from borrowers on an asset level. In all cases the most
current DSCR provided by the Servicer is used. To the extent that no DSCR
is provided by the Servicer, information from the offering document is
used. The Trustee makes no representation as to the accuracy of the data
provided by the borrower for this calculation.
(2) Anticiapted Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date,
if applicable, and the maturity date.
(3) Data in this table was calculated by allocating pro-rata the current loan
information to the properties based upon the Cut-off Date balance of each
property as disclosed in the offering document.
</FN>
</TABLE>
Page - 9
<PAGE>
<TABLE>
Note Rate
<CAPTION>
% of Weighted
# of Scheduled Aggregate WAM Average
Note Rate Loans Balance Balance (2) WAC DSCR (1)
<S> <C> <C> <C> <C> <C> <C>
7.000% or Less ............... 16 63,912,742.34 8.44 103 6.7486 1.618212
7.001% to 7.250% ............. 10 22,072,566.60 2.91 95 7.1374 1.411481
7.251% to 7.500% ............. 11 52,748,278.50 6.96 112 7.4077 1.695403
7.501% to 7.750% ............. 9 58,423,295.25 7.71 110 7.6948 1.283715
7.751% to 8.000% ............. 30 148,651,382.49 19.62 113 7.9175 1.303038
8.001% to 8.250% ............. 51 173,862,905.62 22.95 114 8.1328 1.264331
8.251% to 8.500% ............. 38 100,926,970.26 13.32 112 8.3455 1.363805
8.501% to 8.750% ............. 25 114,492,377.71 15.11 111 8.5935 1.414780
8.751% to 9.000% ............. 12 14,668,304.04 1.94 114 8.8287 1.330260
9.001% or Greater ............ 5 7,883,863.26 1.04 110 9.1488 1.732559
- ------------------------------ --- -------------- ------ --- ------ --------
Totals ....................... 207 757,642,686.07 100.00 111 7.9825 1.380025
=== ============== ====== === ====== ========
<FN>
(1) Debt Service Coverage Ratios are updated periodically as new NOI figures
become available from borrowers on an asset level. In all cases the most
current DSCR provided by the Servicer is used. To the extent that no DSCR
is provided by the Servicer, information from the offering document is
used. The Trustee makes no representation as to the accuracy of the data
provided by the borrower for this calculation.
(2) Anticiapted Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date,
if applicable, and the maturity date.
</FN>
</TABLE>
<TABLE>
SEASONING
<CAPTION>
% of Weighted
# of Scheduled Aggregate WAM Average
Seasoning Loans Balance Balance (2) WAC DSCR (1)
<S> <C> <C> <C> <C> <C> <C>
12 months or less ............ 168 636,001,252.32 83.94 113 8.1566 1.340403
13 to 24 months .............. 34 102,185,734.83 13.49 103 7.0174 1.626189
25 to 36 months .............. 5 19,455,698.92 2.57 102 7.3630 1.378085
37 to 48 months .............. 0 0.00 0.00 0 0.0000 0.000000
49 months and greater ........ 0 0.00 0.00 0 0.0000 0.000000
- ------------------------------ --- -------------- ------ --- ------ --------
Totals ....................... 207 757,642,686.07 100.00 111 7.9825 1.380025
=== ============== ====== === ====== ========
<FN>
(1) Debt Service Coverage Ratios are updated periodically as new NOI figures
become available from borrowers on an asset level. In all cases the most
current DSCR provided by the Servicer is used. To the extent that no DSCR
is provided by the Servicer, information from the offering document is
used. The Trustee makes no representation as to the accuracy of the data
provided by the borrower for this calculation.
(2) Anticiapted Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date,
if applicable, and the maturity date.
</FN>
</TABLE>
Page - 10
<PAGE>
<TABLE>
DEBT SERVICE COVERAGE RATIO (1)
<CAPTION>
% of Weighted
Debt Service # of Scheduled Aggregate WAM Average
Coverage Ratio Loans Balance Balance (2) WAC DSCR (1)
<S> <C> <C> <C> <C> <C> <C>
CTL .......................... 1 2,084,517.36 0.28 236 8.1400 NAP
Less than Zero ............... 0 0.00 0.00 0 0.0000 0.000000
Zero to 1.19 ................. 37 168,473,436.52 22.24 114 8.0922 0.958344
1.20 to 1.21 ................. 8 20,442,515.80 2.70 110 7.8587 1.204620
1.22 to 1.29 ................. 32 183,204,641.57 24.18 113 8.1525 1.265180
1.30 to 1.34 ................. 13 38,468,124.52 5.08 108 8.0331 1.321689
1.35 to 1.39 ................. 11 31,228,263.61 4.12 104 7.9947 1.369859
1.40 and Greater ............. 105 313,741,186.69 41.41 109 7.8241 1.693116
- ------------------------------ --- -------------- ------ --- ------ --------
Totals ....................... 207 757,642,686.07 100.00 111 7.9825 1.380025
=== ============== ====== === ====== ========
<FN>
(1) Debt Service Coverage Ratios are updated periodically as new NOI figures
become available from borrowers on an asset level. In all cases the most
current DSCR provided by the Servicer is used. To the extent that no DSCR
is provided by the Servicer, information from the offering document is
used. The Trustee makes no representation as to the accuracy of the data
provided by the borrower for this calculation.
(2) Anticiapted Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date,
if applicable, and the maturity date.
</FN>
</TABLE>
<TABLE>
PROPERTY TYPE
<CAPTION>
% of Weighted
# of Scheduled Aggregate WAM Average
Property Type (3) Loans Balance Balance (2) WAC DSCR (1)
<S> <C> <C> <C> <C> <C> <C>
Credit Tenant Lease .......... 1 2,084,517.36 0.28 236 8.1400 NAP
Industrial ................... 17 39,340,970.63 5.19 113 8.0270 1.407978
Lodging ...................... 6 31,906,733.44 4.21 111 8.4260 1.958227
Manufactured Housing ......... 6 18,178,636.43 2.40 97 7.0770 1.473981
Mixed Use .................... 7 25,414,241.85 3.35 112 8.3502 1.318441
Multifamily .................. 84 294,851,463.85 38.92 110 7.7358 1.392590
Office ....................... 37 134,511,572.32 17.75 110 8.1776 1.395533
Retail ....................... 43 200,590,778.50 26.48 112 8.1403 1.249560
Self Storage ................. 11 10,763,771.69 1.42 118 8.5177 1.443942
--- -------------- ------ --- ------ --------
Totals ....................... 212 757,642,686.07 100.00 111 7.9825 1.380025
=== ============== ====== === ====== ========
<FN>
(1) Debt Service Coverage Ratios are updated periodically as new NOI figures
become available from borrowers on an asset level. In all cases the most
current DSCR provided by the Servicer is used. To the extent that no DSCR
is provided by the Servicer, information from the offering document is
used. The Trustee makes no representation as to the accuracy of the data
provided by the borrower for this calculation.
(2) Anticiapted Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date,
if applicable, and the maturity date.
(3) Data in this table was calculated by allocating pro-rata the current loan
information to the properties based upon the Cut-off Date balance of each
property as disclosed in the offering document.
</FN>
</TABLE>
Page - 11
<PAGE>
<TABLE>
ANTICIPATED REMAINING TERM (ARD AND BALLOON LOANS)
<CAPTION>
% of Weighted
Anticipated # of Scheduled Aggregate WAM Average
Remaining Term (2) Loans Balance Balance (2) WAC DSCR (1)
<S> <C> <C> <C> <C> <C> <C>
114 months or less ........... 195 732,111,175.41 96.63 109 7.9852 1.376943
115 to 119 months ............ 0 0.00 0.00 0 0.0000 0.000000
120 to 199 months ............ 6 16,133,191.49 2.13 149 7.8036 1.487773
200 months or greater ........ 1 2,084,517.36 0.28 236 8.1400 NAP
--- -------------- ------ --- ------ --------
Total ........................ 202 750,328,884.26 99.03 110 7.9817 1.379332
=== ============== ====== === ====== ========
<FN>
(1) Debt Service Coverage Ratios are updated periodically as new NOI figures
become available from borrowers on an asset level. In all cases the most
current DSCR provided by the Servicer is used. To the extent that no DSCR
is provided by the Servicer, information from the offering document is
used. The Trustee makes no representation as to the accuracy of the data
provided by the borrower for this calculation.
(2) Anticiapted Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date,
if applicable, and the maturity date.
</FN>
</TABLE>
<TABLE>
REMAINING STATED TERM (FULLY AMORTIZING LOANS)
<CAPTION>
% of Weighted
Remaining # of Scheduled Aggregate WAM Average
Stated Term Loans Balance Balance (2) WAC DSCR (1)
<S> <C> <C> <C> <C> <C> <C>
114 months or less ........... 0 0.00 0.00 0 0.0000 0.000000
115 to 119 months ............ 0 0.00 0.00 0 0.0000 0.000000
120 to 199 months ............ 3 4,275,021.42 0.56 172 8.4974 1.470197
200 months or greater ........ 2 3,038,780.39 0.40 228 7.4572 1.423715
- ------------------------------ --- -------------- ------ --- ------ --------
Total ........................ 5 7,313,801.81 0.97 195 8.0652 1.450884
=== ============== ====== === ====== ========
<FN>
(1) Debt Service Coverage Ratios are updated periodically as new NOI figures
become available from borrowers on an asset level. In all cases the most
current DSCR provided by the Servicer is used. To the extent that no DSCR
is provided by the Servicer, information from the offering document is
used. The Trustee makes no representation as to the accuracy of the data
provided by the borrower for this calculation.
(2) Anticiapted Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date,
if applicable, and the maturity date.
</FN>
</TABLE>
Page - 12
<PAGE>
<TABLE>
REMAINING AMORTIZATION TERM (ARD AND BALLOON LOANS)
<CAPTION>
% of Weighted
Remaining # of Scheduled Aggregate WAM Average
Amortization Term Loans Balance Balance (2) WAC DSCR (1)
<S> <C> <C> <C> <C> <C> <C>
238 months or less ........... 6 7,366,785.14 0.97 123 8.3472 1.380603
239 to 298 months ............ 67 148,602,741.73 19.61 112 8.0846 1.568049
299 to 312 months ............ 0 0.00 0.00 0 0.0000 0.000000
313 months and greater ....... 129 594,359,357.39 78.45 110 7.9515 1.332795
- ------------------------------ --- -------------- ------ --- ------ --------
Total ........................ 202 750,328,884.26 99.03 110 7.9817 1.379332
=== ============== ====== === ====== ========
<FN>
(1) Debt Service Coverage Ratios are updated periodically as new NOI figures
become available from borrowers on an asset level. In all cases the most
current DSCR provided by the Servicer is used. To the extent that no DSCR
is provided by the Servicer, information from the offering document is
used. The Trustee makes no representation as to the accuracy of the data
provided by the borrower for this calculation.
(2) Anticiapted Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date,
if applicable, and the maturity date.
</FN>
</TABLE>
<TABLE>
AGE OF MOST RECENT NOI
<CAPTION>
% of Weighted
Age of Most # of Scheduled Aggregate WAM Average
Recent NOI Loans Balance Balance (2) WAC DSCR (1)
<S> <C> <C> <C> <C> <C> <C>
Underwriter's Information .... 22 54,366,567.40 7.18 118 8.2772 1.274672
1 year or less ............... 176 680,388,535.41 89.80 111 7.9538 1.387614
1 to 2 years ................. 9 22,887,583.26 3.02 111 8.1361 1.405360
2 years or greater ........... 0 0.00 0.00 0 0.0000 0.000000
- ------------------------------ --- -------------- ------ --- ------ --------
Total ........................ 207 757,642,686.07 100.00 111 7.9825 1.380025
=== ============== ====== === ====== ========
<FN>
(1) Debt Service Coverage Ratios are updated periodically as new NOI figures
become available from borrowers on an asset level. In all cases the most
current DSCR provided by the Servicer is used. To the extent that no DSCR
is provided by the Servicer, information from the offering document is
used. The Trustee makes no representation as to the accuracy of the data
provided by the borrower for this calculation.
(2) Anticiapted Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date,
if applicable, and the maturity date.
</FN>
</TABLE>
Page - 13
<PAGE>
<TABLE>
MORTGAGE LOAN DETAIL
<CAPTION>
OD Anticipated Neg.
CR Prop Interest Principal Gross Repayment Maturity Amort
No Type(1) City State Payment Payment Coupon Date Date (Y/N)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 RT Saratoga Springs NY 320,932.93 27,632.70 8.580% 11/01/2009 11/01/2029 N
2 RT Lansing MI 242,332.51 25,491.56 8.000% N/A 09/01/2009 N
3 MF Various Various 210,887.03 24,399.20 7.740% N/A 07/01/2009 N
4 OF Palo Alto CA 140,640.13 14,329.70 8.060% N/A 11/01/2009 N
5 MF Oklahoma City OK 83,807.72 10,634.42 7.430% N/A 09/01/2009 N
6 MF Tulsa OK 80,539.37 9,098.56 7.760% N/A 10/01/2009 N
7 OF Memphis TN 87,180.34 7,493.09 8.600% N/A 10/01/2006 N
8 MU Boston MA 79,371.31 7,951.78 8.180% N/A 07/01/2009 N
9 MF New York NY 78,729.81 7,395.92 8.310% N/A 11/01/2009 N
10 MH York PA 59,637.73 11,694.14 6.320% N/A 11/01/2008 N
11 MF Lauderhill FL 74,831.46 7,344.34 8.190% N/A 10/01/2009 N
12 RT Jensen Beach FL 73,911.17 7,494.14 8.090% N/A 10/01/2009 N
13 MF El Paso TX 57,037.60 9,942.26 6.700% N/A 09/01/2008 N
14 LO Los Angeles CA 71,595.40 9,940.65 8.650% N/A 08/01/2009 N
15 MF Kingwood TX 58,826.06 7,469.26 7.480% N/A 06/01/2009 N
16 MF North Little Rock AR 30,126.03 3,044.65 8.100% N/A 10/01/2009 N
17 RT North Little Rock AR 12,702.44 1,057.19 8.700% N/A 10/01/2009 N
18 RT North Little Rock AR 7,873.05 655.26 8.700% N/A 10/01/2009 N
19 RT Sherwood AR 6,188.55 515.06 8.700% N/A 10/01/2009 N
20 RT North Little Rock AR 5,053.50 420.59 8.700% N/A 10/01/2009 N
21 RT Manchester/Hooksett NH 48,729.99 8,115.28 6.890% 08/01/2008 08/01/2028 N
22 RT Washington Township MI 56,650.07 5,809.79 8.040% N/A 11/01/2009 N
23 OF San Diego CA 52,383.94 5,528.40 7.990% N/A 09/01/2009 N
24 OF Burbank CA 49,040.88 5,308.51 7.890% N/A 10/01/2009 N
25 MF Oklahoma City OK 44,368.79 5,629.99 7.430% N/A 09/01/2009 N
26 MF Dallas TX 51,004.13 4,405.67 8.570% N/A 11/01/2009 N
27 MF Orlando FL 44,618.13 5,366.86 7.570% N/A 10/01/2009 N
28 RT Selma CA 48,401.38 4,532.15 8.320% N/A 10/01/2009 N
29 OF Holmdel NJ 45,673.57 4,860.02 7.980% N/A 08/01/2009 N
30 MF Waco TX 44,738.29 4,521.43 8.100% N/A 10/01/2009 N
31 MF Victoria TX 43,495.91 4,790.46 7.890% N/A 07/01/2009 N
32 MF Revere MA 42,665.54 4,621.98 7.910% N/A 09/01/2009 N
33 MF Oklahoma City OK 36,817.57 6,145.64 6.860% N/A 07/01/2008 N
34 LO Brookfield WI 44,089.80 6,487.02 8.370% N/A 11/01/2009 N
35 RT Pittsfield MA 41,119.04 7,030.90 7.960% N/A 06/01/2009 N
36 OF Louisville KY 38,824.24 3,864.22 8.170% N/A 09/01/2009 N
37 MF Mesa AZ 34,055.21 5,275.25 7.190% N/A 02/01/2008 N
38 LO Eden Prairie MN 39,194.79 5,766.81 8.370% N/A 11/01/2009 N
39 RT Omaha NE 38,908.36 3,596.41 8.360% N/A 11/01/2009 N
40 RT Sun City CA 34,215.07 7,427.82 7.420% N/A 06/01/2008 N
41 MF Haverhill MA 37,887.65 3,479.48 8.380% N/A 11/01/2009 N
42 OF New Brighton MN 37,453.07 3,546.83 8.300% N/A 10/01/2009 N
43 MF State College PA 34,812.61 3,948.31 7.770% N/A 09/01/2009 N
44 OF Colorado Springs CO 33,653.40 3,921.97 7.740% N/A 06/01/2009 N
45 MF Anderson IN 33,973.78 3,599.91 7.940% N/A 11/01/2009 N
46 MF Killeen TX 35,617.41 3,076.59 8.570% N/A 11/01/2009 N
47 MF Azusa CA 30,696.84 4,406.25 7.440% N/A 01/01/2013 N
48 IN Pacoima CA 22,283.78 2,230.18 8.130% N/A 10/01/2009 N
49 IN Sylmar CA 11,104.24 1,773.15 8.130% N/A 09/01/2009 N
50 OF Maitland FL 30,845.94 3,244.76 8.000% N/A 09/01/2009 N
51 OF Decatur GA 31,105.28 3,013.40 8.230% N/A 10/01/2009 N
52 MU Boston MA 30,568.73 5,423.75 8.160% N/A 05/01/2010 N
53 IN Newark NJ 31,935.24 4,482.11 8.560% N/A 10/01/2009 N
54 MF Spokane WA 26,439.89 4,044.68 7.180% N/A 04/01/2008 N
<FN>
(1) Property Type Code WH - Warehouse SS - Self Storage
MF - Multifamily MH - Mobile Home Park OT - Other
RT - Retail OF - Office
HC - Health Care MU - Mixed Use
IN - Industrial LO - Lodging
</FN>
</TABLE>
Page - 14
<PAGE>
<TABLE>
MORTGAGE LOAN DETAIL, Continued
<CAPTION>
OD Beginning Ending Paid Appraisal Appraisal Res. Mod.
CR Scheduled Scheduled Thru Reduction Reduction Strat Code
No Balance Balance Date Date Amount (2) (3)
<S> <C> <C> <C> <C> <C> <C> <C>
1 44,885,723.81 44,858,091.11 05/01/2000 -- -- -- --
2 36,349,876.46 36,324,384.90 04/01/2000 -- -- -- --
3 32,695,663.31 32,671,264.11 04/01/2000 -- -- -- --
4 20,938,977.49 20,924,647.79 05/01/2000 -- -- -- --
5 13,535,567.37 13,524,932.95 05/01/2000 -- -- -- --
6 12,454,542.32 12,445,443.76 05/01/2000 -- -- -- --
7 12,164,697.93 12,157,204.84 04/01/2000 -- -- -- --
8 11,643,712.68 11,635,760.90 05/01/2000 -- -- -- --
9 11,368,925.32 11,361,529.40 05/01/2000 -- -- -- --
10 11,323,620.17 11,311,926.03 05/01/2000 -- -- -- --
11 10,964,315.77 10,956,971.43 04/01/2000 -- -- -- --
12 10,963,337.26 10,955,843.12 05/01/2000 -- -- -- --
13 10,215,690.10 10,205,747.84 05/01/2000 -- -- -- --
14 9,932,310.22 9,922,369.57 05/01/2000 -- -- -- --
15 9,437,336.02 9,429,866.76 04/01/2000 -- -- -- --
16 4,463,115.06 4,460,070.41 04/01/2000 -- -- -- --
17 1,752,060.10 1,751,002.91 04/01/2000 -- -- -- --
18 1,085,938.22 1,085,282.96 04/01/2000 -- -- -- --
19 853,593.31 853,078.25 04/01/2000 -- -- -- --
20 697,034.75 696,614.16 04/01/2000 -- -- -- --
21 8,487,080.59 8,478,965.31 05/01/2000 -- -- -- --
22 8,455,233.74 8,449,423.95 04/01/2000 -- -- -- --
23 7,867,424.66 7,861,896.26 04/01/2000 -- -- -- --
24 7,458,689.29 7,453,380.78 05/01/2000 -- -- -- --
25 7,165,888.59 7,160,258.60 05/01/2000 -- -- -- --
26 7,141,769.00 7,137,363.33 04/01/2000 -- -- -- --
27 7,072,887.75 7,067,520.89 04/01/2000 -- -- -- --
28 6,980,968.43 6,976,436.28 05/01/2000 -- -- -- --
29 6,868,206.29 6,863,346.27 05/01/2000 -- -- -- --
30 6,627,895.29 6,623,373.86 04/01/2000 -- -- -- --
31 6,615,347.48 6,610,557.02 04/01/2000 -- -- -- --
32 6,472,648.39 6,468,026.41 04/01/2000 -- -- -- --
33 6,440,391.94 6,434,246.30 04/01/2000 -- -- -- --
34 6,321,118.97 6,314,631.95 05/01/2000 -- -- -- --
35 6,198,850.18 6,191,819.28 05/01/2000 -- -- -- --
36 5,702,459.22 5,698,595.00 04/01/2000 -- -- -- --
37 5,683,763.19 5,678,487.94 04/01/2000 -- -- -- --
38 5,619,325.44 5,613,558.63 05/01/2000 -- -- -- --
39 5,584,931.97 5,581,335.56 05/01/2000 -- -- -- --
40 5,533,434.75 5,526,006.93 04/01/2000 -- -- -- --
41 5,425,438.54 5,421,959.06 05/01/2000 -- -- -- --
42 5,414,901.29 5,411,354.46 05/01/2000 -- -- -- --
43 5,376,464.88 5,372,516.57 05/01/2000 -- -- -- --
44 5,217,581.26 5,213,659.29 04/01/2000 -- -- -- --
45 5,134,576.60 5,130,976.69 05/01/2000 -- -- -- --
46 4,987,268.84 4,984,192.25 04/01/2000 -- -- -- --
47 4,951,103.58 4,946,697.33 04/01/2000 -- -- -- --
48 3,289,119.15 3,286,888.97 05/01/2000 -- -- -- --
49 1,639,002.57 1,637,229.42 05/01/2000 -- -- -- --
50 4,626,891.14 4,623,646.38 05/01/2000 -- -- -- --
51 4,535,399.83 4,532,386.43 05/01/2000 -- -- -- --
52 4,495,401.38 4,489,977.63 04/01/2000 -- -- -- --
53 4,476,903.24 4,472,421.13 04/01/2000 -- -- -- --
54 4,418,923.88 4,414,879.20 05/01/2000 -- -- -- --
<FN>
(2) Resolution Strategy Code:
1 - Modification 8 - Resolved
2 - Foreclosure 9 - Pending Return to Master Servicer
3 - Bankruptcy 10 - Deed in Lieu Of Foreclosure
4 - Extension 11 - Full Payoff
5 - Note Sale 12 - Reps and Warranties
6 - DPO 13 - Other or TBD
7 - REO
(3) Modification Code
1 - Maturity Date Extension
2 - Amortization Change
3 - Principal Write-Off
4 - Combination
</FN>
</TABLE>
Page - 15
<PAGE>
<TABLE>
MORTGAGE LOAN DETAIL, Continued
<CAPTION>
OD Anticipated Neg.
CR Prop Interest Principal Gross Repayment Maturity Amort
No Type(1) City State Payment Payment Coupon Date Date (Y/N)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
55 RT Chula Vista CA 27,503.91 3,412.31 7.550% N/A 06/01/2009 N
56 IN Norwood MA 23,975.98 6,324.39 6.640% N/A 11/01/2008 N
57 RT Santa Maria CA 27,614.91 3,213.37 7.760% N/A 05/01/2009 N
58 RT Norwalk CT 30,667.20 3,138.84 8.790% N/A 11/01/2009 N
59 LO Thornton CO 29,495.37 3,989.96 8.670% N/A 11/01/2009 N
60 MF Cape Canaveral FL 26,450.99 3,125.43 7.950% N/A 05/01/2008 N
61 MF Dallas TX 27,068.41 2,729.55 8.160% N/A 07/01/2009 N
62 OF Los Angeles CA 26,770.87 2,555.95 8.260% N/A 11/01/2009 N
63 OF Miami FL 26,184.08 2,650.54 8.080% N/A 11/01/2009 N
64 MF Midwest City OK 22,216.64 3,573.19 6.940% N/A 09/01/2008 N
65 LO South Burlington VT 22,956.73 5,077.01 7.260% N/A 10/01/2008 N
66 OF Colorado Springs CO 24,684.69 2,386.22 8.260% N/A 09/01/2009 N
67 MF Alvin TX 21,766.82 2,913.73 7.300% N/A 07/01/2009 N
68 OF Upper Dublin Township PA 23,598.41 2,296.04 8.240% N/A 09/01/2009 N
69 MF Desoto TX 21,771.07 2,437.42 7.840% N/A 07/01/2009 N
70 MF State College PA 18,942.76 3,097.94 6.890% 09/01/2008 09/01/2028 N
71 OF St. Helena CA 22,376.43 2,206.88 8.160% N/A 11/01/2009 N
72 IN Zilwaukee MI 22,256.17 2,234.69 8.120% N/A 10/01/2009 N
73 RT Bowling Green OH 18,832.32 3,033.20 6.900% 11/01/2008 11/01/2028 N
74 MF Bedford TX 22,510.91 2,134.11 8.350% N/A 07/01/2006 N
75 RT Oceanside CA 21,967.04 2,137.32 8.270% N/A 07/01/2009 N
76 MU Williamsport PA 24,213.38 2,926.35 9.130% 09/01/2009 09/01/2024 N
77 RT Waterford CT 21,391.96 3,360.08 8.210% N/A 08/01/2009 N
78 IN Cerritos CA 21,625.59 2,238.99 8.610% N/A 10/01/2009 N
79 OF Aurora CO 21,168.31 3,028.95 8.520% N/A 09/01/2009 N
80 IN Hackettstown NJ 20,038.99 3,254.78 8.070% N/A 09/01/2009 N
81 OF Ft Lauderdale FL 19,166.71 2,112.67 7.910% N/A 06/01/2009 N
82 MU Freeport NY 20,829.01 2,866.72 8.630% N/A 10/01/2009 N
83 RT Atlanta GA 20,138.55 2,914.94 8.450% N/A 10/01/2009 N
84 SS Palm Bay FL 9,580.39 1,222.54 8.880% N/A 11/01/2009 N
85 SS Bradenton FL 8,106.48 1,034.46 8.880% N/A 11/01/2009 N
86 SS West Melbourne FL 2,947.81 376.17 8.880% N/A 11/01/2009 N
87 MF Upper Darby Township PA 18,135.53 2,040.23 7.810% N/A 08/01/2009 N
88 MH Montrose CO 18,022.15 1,883.69 8.050% N/A 07/01/2004 N
89 MF Salem OR 4,960.62 778.32 7.030% N/A 08/01/2008 N
90 MF Mcminnville OR 10,613.42 1,665.24 7.030% N/A 08/01/2008 N
91 RT Woodbridge VA 18,221.60 1,703.36 8.340% N/A 10/01/2009 N
92 MF Dallas TX 14,935.72 2,315.81 7.050% N/A 09/01/2008 N
93 OF Big Flats NY 17,760.51 7,394.86 8.510% N/A 09/01/2014 N
94 IN Northborough MA 17,156.56 4,441.24 8.190% N/A 08/01/2009 N
95 RT San Leandro CA 16,251.24 2,779.94 7.840% N/A 11/01/2009 N
96 MF Hampton VA 16,902.57 1,686.12 8.140% N/A 10/01/2009 N
97 RT Columbia MD 17,351.42 1,623.92 8.360% N/A 09/01/2009 N
98 MF Bayside WI 14,094.38 2,320.49 6.870% 09/01/2008 09/01/2028 N
99 MF Jacksonville FL 15,839.96 2,053.07 7.740% N/A 02/01/2008 N
100 RT Sun City CA 16,564.52 1,652.40 8.140% N/A 10/01/2009 N
101 MF San Marcos TX 16,078.99 1,732.27 7.980% N/A 06/01/2014 N
102 IN Park City UT 16,768.65 1,532.41 8.410% N/A 10/01/2009 N
103 MF Dallas TX 14,061.67 3,248.27 7.110% N/A 10/01/2008 N
104 RT Farragut TN 15,913.56 1,649.69 8.060% N/A 08/01/2009 N
105 IN Hampton VA 16,474.51 2,317.46 8.530% N/A 11/01/2009 N
106 OF Peoria AZ 15,903.27 1,547.34 8.240% N/A 09/01/2009 N
107 RT Santa Maria CA 15,903.27 1,547.34 8.240% N/A 09/01/2009 N
108 MF Houston TX 15,685.78 2,490.59 8.150% N/A 09/01/2009 N
109 LO Weeki Wachee FL 16,938.19 1,947.77 9.280% N/A 10/01/2009 N
<FN>
(1) Property Type Code WH - Warehouse SS - Self Storage
MF - Multifamily MH - Mobile Home Park OT - Other
RT - Retail OF - Office
HC - Health Care MU - Mixed Use
IN - Industrial LO - Lodging
</FN>
</TABLE>
Page - 16
<PAGE>
<TABLE>
MORTGAGE LOAN DETAIL, Continued
<CAPTION>
OD Beginning Ending Paid Appraisal Appraisal Res. Mod.
CR Scheduled Scheduled Thru Reduction Reduction Strat Code
No Balance Balance Date Date Amount (2) (3)
<S> <C> <C> <C> <C> <C> <C> <C>
55 4,371,482.90 4,368,070.59 04/01/2000 -- -- -- --
56 4,333,008.96 4,326,684.57 05/01/2000 -- -- -- --
57 4,270,346.25 4,267,132.88 05/01/2000 -- -- -- --
58 4,186,648.66 4,183,509.82 05/01/2000 -- -- -- --
59 4,082,404.54 4,078,414.58 05/01/2000 -- -- -- --
60 3,992,602.80 3,989,477.37 04/01/2000 -- -- -- --
61 3,980,648.36 3,977,918.81 05/01/2000 -- -- -- --
62 3,889,231.06 3,886,675.11 04/01/2000 -- -- -- --
63 3,888,724.43 3,886,073.89 05/01/2000 -- -- -- --
64 3,841,494.25 3,837,921.06 05/01/2000 -- -- -- --
65 3,794,500.10 3,789,423.09 05/01/2000 -- -- -- --
66 3,586,153.93 3,583,767.71 04/01/2000 -- -- -- --
67 3,578,107.78 3,575,194.05 04/01/2000 -- -- -- --
68 3,436,661.35 3,434,365.31 04/01/2000 -- -- -- --
69 3,332,306.38 3,329,868.96 04/01/2000 -- -- -- --
70 3,299,175.13 3,296,077.19 05/01/2000 -- -- -- --
71 3,290,651.22 3,288,444.34 05/01/2000 -- -- -- --
72 3,289,089.69 3,286,855.00 05/01/2000 -- -- -- --
73 3,275,186.91 3,272,153.71 05/01/2000 -- -- -- --
74 3,235,100.26 3,232,966.15 05/01/2000 -- -- -- --
75 3,187,479.22 3,185,341.90 05/01/2000 -- -- -- --
76 3,182,481.38 3,179,555.03 05/01/2000 -- -- -- --
77 3,126,717.23 3,123,357.15 05/01/2000 -- -- -- --
78 3,014,018.93 3,011,779.94 05/01/2000 -- -- -- --
79 2,981,451.95 2,978,423.00 04/01/2000 -- -- -- --
80 2,979,775.69 2,976,520.91 04/01/2000 -- -- -- --
81 2,907,717.69 2,905,605.02 05/01/2000 -- -- -- --
82 2,896,270.05 2,893,403.33 05/01/2000 -- -- -- --
83 2,859,912.36 2,856,997.42 04/01/2000 -- -- -- --
84 1,294,646.88 1,293,424.34 05/01/2000 -- -- -- --
85 1,095,470.44 1,094,435.98 05/01/2000 -- -- -- --
86 398,352.87 397,976.70 05/01/2000 -- -- -- --
87 2,786,509.53 2,784,469.30 05/01/2000 -- -- -- --
88 2,686,532.31 2,684,648.62 04/01/2000 -- -- -- --
89 846,763.08 845,984.76 05/01/2000 -- -- -- --
90 1,811,679.16 1,810,013.92 05/01/2000 -- -- -- --
91 2,621,812.33 2,620,108.97 05/01/2000 -- -- -- --
92 2,542,250.52 2,539,934.71 04/01/2000 -- -- -- --
93 2,504,419.48 2,497,024.62 05/01/2000 -- -- -- --
94 2,513,781.29 2,509,340.05 05/01/2000 -- -- -- --
95 2,487,434.17 2,484,654.23 05/01/2000 -- -- -- --
96 2,491,779.19 2,490,093.07 05/01/2000 -- -- -- --
97 2,490,634.00 2,489,010.08 05/01/2000 -- -- -- --
98 2,461,899.94 2,459,579.45 05/01/2000 -- -- -- --
99 2,455,807.67 2,453,754.60 04/01/2000 -- -- -- --
100 2,441,943.59 2,440,291.19 04/01/2000 -- -- -- --
101 2,417,892.51 2,416,160.24 05/01/2000 -- -- -- --
102 2,392,672.40 2,391,139.99 05/01/2000 -- -- -- --
103 2,373,278.23 2,370,029.96 04/01/2000 -- -- -- --
104 2,369,264.42 2,367,614.73 05/01/2000 -- -- -- --
105 2,317,633.73 2,315,316.27 05/01/2000 -- -- -- --
106 2,316,010.89 2,314,463.55 05/01/2000 -- -- -- --
107 2,316,010.89 2,314,463.55 05/01/2000 -- -- -- --
108 2,309,562.49 2,307,071.90 05/01/2000 -- -- -- --
109 2,190,283.39 2,188,335.62 05/01/2000 -- -- -- --
<FN>
(2) Resolution Strategy Code:
1 - Modification 8 - Resolved
2 - Foreclosure 9 - Pending Return to Master Servicer
3 - Bankruptcy 10 - Deed in Lieu Of Foreclosure
4 - Extension 11 - Full Payoff
5 - Note Sale 12 - Reps and Warranties
6 - DPO 13 - Other or TBD
7 - REO
(3) Modification Code
1 - Maturity Date Extension
2 - Amortization Change
3 - Principal Write-Off
4 - Combination
</FN>
</TABLE>
Page - 17
<PAGE>
<TABLE>
MORTGAGE LOAN DETAIL, Continued
<CAPTION>
OD Anticipated Neg.
CR Prop Interest Principal Gross Repayment Maturity Amort
No Type(1) City State Payment Payment Coupon Date Date (Y/N)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
110 OF Springfield VA 14,351.22 2,468.74 7.890% N/A 08/01/2009 N
111 MF Meridian MS 14,548.57 1,496.03 8.100% N/A 07/01/2009 N
112 MF Arlington TX 14,173.61 2,349.29 7.950% N/A 11/01/2009 N
113 OF Clearwater FL 14,636.73 1,395.13 8.280% N/A 10/01/2009 N
114 CL Atlanta GA 14,152.43 1,836.61 8.140% N/A 01/01/2020 N
115 RT Rostraver Township PA 14,202.79 1,396.21 8.170% N/A 11/01/2009 N
116 MF Manchester NH 11,755.93 2,926.06 6.880% N/A 09/01/2008 N
117 RT San Diego CA 13,601.99 2,501.29 7.980% N/A 07/01/2008 N
118 OF Manassas VA 13,931.36 1,291.27 8.390% N/A 09/01/2009 N
119 RT Salina NY 12,705.89 1,435.39 7.760% N/A 10/01/2009 N
120 MF Lawrence KS 12,452.26 1,682.98 7.610% N/A 02/01/2003 N
121 MF Gresham OR 12,989.51 1,304.24 8.120% N/A 10/01/2009 N
122 MF West Monroe LA 11,079.43 2,677.90 6.980% N/A 09/01/2008 N
123 MF Melbourne FL 12,573.13 2,066.21 7.980% N/A 11/01/2009 N
124 MF Los Angeles CA 12,742.19 1,262.85 8.160% N/A 10/01/2009 N
125 MF Oklahoma City OK 12,220.32 2,126.37 7.850% N/A 08/01/2009 N
126 IN Columbus OH 11,853.11 2,135.58 7.750% N/A 07/01/2009 N
127 RT White Bear Lake MN 13,198.51 1,052.18 8.820% N/A 11/01/2009 N
128 MH Locke and Moravia NY 8,256.22 731.78 8.490% N/A 11/01/2009 N
129 MH Erin NY 4,445.66 394.03 8.490% N/A 11/01/2009 N
130 RT Tuscon AZ 12,666.86 1,135.33 8.470% N/A 10/01/2009 N
131 RT Clay NY 11,709.63 1,297.92 7.840% N/A 09/01/2009 N
132 MF Taylorsville UT 11,702.75 2,047.16 7.880% N/A 06/01/2009 N
133 MF Philadelphia PA 10,238.98 1,664.02 6.940% 07/01/2008 07/01/2028 N
134 MF Lawrence KS 10,121.05 2,486.38 6.900% N/A 10/01/2008 N
135 MF Baton Rouge LA 12,223.90 1,856.19 8.330% N/A 08/01/2009 N
136 OF Henderson NV 11,576.93 1,280.26 7.900% N/A 06/01/2009 N
137 OF Bel Air MD 11,869.77 1,869.69 8.200% N/A 08/01/2009 N
138 OF Las Vegas NV 11,508.38 1,110.68 8.280% N/A 08/01/2009 N
139 MF College Station TX 10,403.03 2,170.88 7.510% N/A 08/01/2013 N
140 RT Anderson IN 10,800.71 2,962.47 7.890% N/A 10/01/2019 N
141 IN Indianapolis IN 11,404.19 1,073.00 8.320% N/A 10/01/2009 N
142 RT Eagle-Vail CO 11,695.79 1,646.10 8.550% N/A 10/01/2009 N
143 MF Covington GA 11,090.44 1,775.97 8.120% N/A 09/01/2009 N
144 SS Smithville NJ 11,058.10 1,741.24 8.130% N/A 11/01/2009 N
145 MF Austin TX 11,019.48 1,117.31 8.090% N/A 10/01/2009 N
146 MF Ashford CT 10,905.54 1,087.88 8.140% N/A 10/01/2009 N
147 OF Half Moon Bay CA 10,805.42 1,091.34 8.140% N/A 08/01/2009 N
148 RT Tempe AZ 11,003.75 1,625.55 8.450% N/A 07/01/2009 N
149 MF San Francisco CA 10,583.34 1,028.62 8.220% N/A 10/01/2009 N
150 OF Rockville Centre NY 10,401.79 1,058.12 8.080% N/A 10/01/2009 N
151 MF Lubbock TX 10,433.53 1,058.90 8.110% N/A 09/01/2009 N
152 OF Jacksonville FL 10,507.35 1,599.18 8.300% N/A 09/01/2009 N
153 MF Norman OK 9,183.28 2,040.21 7.270% N/A 09/01/2008 N
154 MH Bokeelia FL 10,682.72 1,486.80 8.590% N/A 10/01/2009 N
155 OF Tacoma WA 10,168.38 1,588.29 8.180% N/A 10/01/2009 N
156 IN Pacoima CA 10,192.91 1,012.88 8.190% N/A 08/01/2009 N
157 RT Indianapolis IN 10,278.72 2,549.38 8.300% N/A 10/01/2009 N
158 RT Hampton Township PA 8,773.90 2,000.65 7.180% 09/01/2008 09/01/2023 N
159 RT Silverthorne CO 9,922.10 995.12 8.200% N/A 06/01/2009 N
160 MF Ankeny IA 9,562.31 2,593.16 8.030% N/A 07/01/2014 N
161 IN Eagle ID 8,120.65 3,077.71 6.950% N/A 11/01/2018 N
162 MU Nashua NH 9,830.08 1,472.68 8.400% N/A 07/01/2009 N
163 SS Midland TX 9,773.12 1,434.09 8.430% N/A 09/01/2009 N
<FN>
(1) Property Type Code WH - Warehouse SS - Self Storage
MF - Multifamily MH - Mobile Home Park OT - Other
RT - Retail OF - Office
HC - Health Care MU - Mixed Use
IN - Industrial LO - Lodging
</FN>
</TABLE>
Page - 18
<PAGE>
<TABLE>
MORTGAGE LOAN DETAIL, Continued
<CAPTION>
OD Beginning Ending Paid Appraisal Appraisal Res. Mod.
CR Scheduled Scheduled Thru Reduction Reduction Strat Code
No Balance Balance Date Date Amount (2) (3)
<S> <C> <C> <C> <C> <C> <C> <C>
110 2,182,695.35 2,180,226.61 05/01/2000 -- -- -- --
111 2,155,344.39 2,153,848.36 04/01/2000 -- -- -- --
112 2,139,412.46 2,137,063.17 05/01/2000 -- -- -- --
113 2,121,264.55 2,119,869.42 05/01/2000 -- -- -- --
114 2,086,353.97 2,084,517.36 05/01/2000 -- -- -- --
115 2,086,088.52 2,084,692.31 05/01/2000 -- -- -- --
116 2,050,453.04 2,047,526.98 04/01/2000 -- -- -- --
117 2,045,412.53 2,042,911.24 04/01/2000 -- -- -- --
118 1,992,566.37 1,991,275.10 05/01/2000 -- -- -- --
119 1,964,828.59 1,963,393.20 04/01/2000 -- -- -- --
120 1,963,562.83 1,961,879.85 05/01/2000 -- -- -- --
121 1,919,632.40 1,918,328.16 04/01/2000 -- -- -- --
122 1,904,772.52 1,902,094.62 04/01/2000 -- -- -- --
123 1,890,695.93 1,888,629.72 05/01/2000 -- -- -- --
124 1,873,851.34 1,872,588.49 05/01/2000 -- -- -- --
125 1,868,074.66 1,865,948.29 05/01/2000 -- -- -- --
126 1,835,320.58 1,833,185.00 05/01/2000 -- -- -- --
127 1,795,715.03 1,794,662.85 05/01/2000 -- -- -- --
128 1,166,957.17 1,166,225.39 04/01/2000 -- -- -- --
129 628,361.57 627,967.54 04/01/2000 -- -- -- --
130 1,794,595.92 1,793,460.59 05/01/2000 -- -- -- --
131 1,792,291.07 1,790,993.15 05/01/2000 -- -- -- --
132 1,782,145.28 1,780,098.12 05/01/2000 -- -- -- --
133 1,770,428.32 1,768,764.30 05/01/2000 -- -- -- --
134 1,760,182.57 1,757,696.19 05/01/2000 -- -- -- --
135 1,760,946.65 1,759,090.46 04/01/2000 -- -- -- --
136 1,758,520.46 1,757,240.20 05/01/2000 -- -- -- --
137 1,737,039.65 1,735,169.96 05/01/2000 -- -- -- --
138 1,667,881.20 1,666,770.52 04/01/2000 -- -- -- --
139 1,662,268.86 1,660,097.98 04/01/2000 -- -- -- --
140 1,642,693.25 1,639,730.78 05/01/2000 -- -- -- --
141 1,644,834.75 1,643,761.75 05/01/2000 -- -- 1 --
142 1,641,514.00 1,639,867.90 05/01/2000 -- -- -- --
143 1,638,981.65 1,637,205.68 05/01/2000 -- -- -- --
144 1,632,192.44 1,630,451.20 04/01/2000 -- -- -- --
145 1,634,533.93 1,633,416.62 05/01/2000 -- -- -- --
146 1,607,695.95 1,606,608.07 04/01/2000 -- -- -- --
147 1,592,936.17 1,591,844.83 05/01/2000 -- -- -- --
148 1,562,662.30 1,561,036.75 05/01/2000 -- -- -- --
149 1,545,012.71 1,543,984.09 05/01/2000 -- -- -- --
150 1,544,820.00 1,543,761.88 05/01/2000 -- -- -- --
151 1,543,801.98 1,542,743.08 04/01/2000 -- -- -- --
152 1,519,135.07 1,517,535.89 04/01/2000 -- -- -- --
153 1,515,809.88 1,513,769.67 05/01/2000 -- -- -- --
154 1,492,347.80 1,490,861.00 05/01/2000 -- -- -- --
155 1,491,693.60 1,490,105.31 05/01/2000 -- -- -- --
156 1,493,466.61 1,492,453.73 05/01/2000 -- -- -- --
157 1,486,080.50 1,483,531.12 05/01/2000 -- -- -- --
158 1,466,390.27 1,464,389.62 05/01/2000 -- -- -- --
159 1,452,014.25 1,451,019.13 05/01/2000 -- -- -- --
160 1,428,988.53 1,426,395.37 05/01/2000 -- -- -- --
161 1,402,127.32 1,399,049.61 05/01/2000 -- -- -- --
162 1,404,297.79 1,402,825.11 04/01/2000 -- -- -- --
163 1,391,191.35 1,389,757.26 05/01/2000 -- -- -- --
<FN>
(2) Resolution Strategy Code:
1 - Modification 8 - Resolved
2 - Foreclosure 9 - Pending Return to Master Servicer
3 - Bankruptcy 10 - Deed in Lieu Of Foreclosure
4 - Extension 11 - Full Payoff
5 - Note Sale 12 - Reps and Warranties
6 - DPO 13 - Other or TBD
7 - REO
(3) Modification Code
1 - Maturity Date Extension
2 - Amortization Change
3 - Principal Write-Off
4 - Combination
</FN>
</TABLE>
Page - 19
<PAGE>
<TABLE>
MORTGAGE LOAN DETAIL, Continued
<CAPTION>
OD Anticipated Neg.
CR Prop Interest Principal Gross Repayment Maturity Amort
No Type(1) City State Payment Payment Coupon Date Date (Y/N)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
164 MF Stockton CA 9,290.66 889.43 8.290% N/A 09/01/2009 N
165 MF Boca Raton FL 8,856.05 951.64 7.950% N/A 08/01/2009 N
166 MF Phoenix AZ 8,877.82 1,363.35 8.240% N/A 10/01/2009 N
167 MF Monroe LA 8,834.33 1,372.12 8.200% N/A 10/01/2009 N
168 MF Lawrence KS 7,453.81 1,633.59 7.270% N/A 11/01/2008 N
169 OF Houston TX 9,191.91 689.64 9.010% N/A 11/01/2009 N
170 SS Sacramento CA 8,421.09 1,225.36 8.460% N/A 09/01/2009 N
171 MF Lenexa KS 7,716.05 880.90 7.750% N/A 09/01/2014 N
172 RT Highlands Ranch CO 8,659.16 701.45 8.770% N/A 11/01/2009 N
173 MU New York NY 7,320.50 1,523.99 7.470% 10/01/2008 10/01/2023 N
174 SS Angleton TX 8,179.10 1,193.29 8.400% N/A 11/01/2009 N
175 OF Sunland Park NM 7,520.33 1,174.68 8.280% N/A 06/01/2009 N
176 MF Dallas TX 6,471.07 1,458.56 7.220% N/A 09/01/2008 N
177 OF Southlake TX 7,356.64 711.98 8.310% N/A 06/01/2009 N
178 MF Austin TX 7,451.90 633.41 8.620% N/A 11/01/2009 N
179 IN Santa Fe Springs CA 6,078.88 891.92 7.180% N/A 11/01/2003 N
180 IN Scottsdale AZ 6,795.14 694.15 8.090% N/A 09/01/2009 N
181 RT Los Angeles CA 7,208.36 2,882.17 8.660% N/A 10/01/2014 N
182 MF Austin TX 6,777.70 681.63 8.100% N/A 11/01/2009 N
183 MF Lawrence KS 7,290.70 590.59 8.770% N/A 11/01/2009 N
184 MF Phoenix AZ 6,798.27 672.26 8.190% N/A 09/01/2009 N
185 MF Columbus OH 6,999.07 566.97 8.770% N/A 11/01/2009 N
186 MH Fresno CA 6,260.65 576.82 8.370% N/A 11/01/2009 N
187 OF Sunland Park NM 6,153.00 961.10 8.280% N/A 06/01/2009 N
188 MF Norman OK 5,332.23 1,184.63 7.270% N/A 09/01/2008 N
189 MF Bristol CT 5,029.10 1,196.17 7.010% 10/01/2008 10/01/2023 N
190 MF New London CT 5,885.25 554.38 8.340% N/A 09/01/2009 N
191 OF Laton CA 6,324.41 808.76 9.000% N/A 06/01/2009 N
192 OF Southlake TX 5,869.57 524.18 8.520% N/A 08/01/2009 N
193 MF Baton Rouge LA 4,673.64 1,136.25 6.960% N/A 09/01/2008 N
194 SS El Paso TX 5,392.74 2,368.38 8.250% N/A 09/01/2014 N
195 MF Huntington Beach CA 5,517.19 485.86 8.510% N/A 11/01/2009 N
196 OF Norcross GA 5,500.87 456.35 8.710% N/A 10/01/2009 N
197 MF Arlington TX 4,939.39 532.51 7.940% N/A 08/01/2009 N
198 IN Little Falls NJ 5,370.02 2,116.99 8.730% N/A 10/01/2009 N
199 SS Spring TX 5,106.58 726.43 8.490% N/A 11/01/2009 N
200 OF Allentown PA 5,262.79 679.44 8.860% N/A 10/01/2009 N
201 MF Caro MI 4,728.70 423.02 8.500% N/A 09/01/2009 N
202 MF Hudson NH 4,876.34 1,042.02 8.890% N/A 11/01/2009 N
203 MF Austin TX 4,941.77 364.90 9.060% N/A 11/01/2006 N
204 MU Queens Village NY 4,869.40 349.41 9.150% N/A 11/01/2009 N
205 MF West Monroe LA 3,551.10 858.30 6.980% N/A 09/01/2008 N
206 SS Houston TX 4,094.59 889.98 8.850% N/A 10/01/2009 N
207 SS Red Bluff CA 3,832.21 549.88 8.510% N/A 09/01/2009 N
- --- -- ----------------------- ------- ------------ ---------- ------ ---------- ---------- ---
Totals -- -- -- 5,044,083.50 628,371.16 -- -- -- --
== ======================= ======= ============ ========== ====== ========== ========== ===
<FN>
(1) Property Type Code WH - Warehouse SS - Self Storage
MF - Multifamily MH - Mobile Home Park OT - Other
RT - Retail OF - Office
HC - Health Care MU - Mixed Use
IN - Industrial LO - Lodging
</FN>
</TABLE>
Page - 20
<PAGE>
<TABLE>
MORTGAGE LOAN DETAIL, Continued
<CAPTION>
OD Beginning Ending Paid Appraisal Appraisal Res. Mod.
CR Scheduled Scheduled Thru Reduction Reduction Strat Code
No Balance Balance Date Date Amount (2) (3)
<S> <C> <C> <C> <C> <C> <C> <C>
164 1,344,848.31 1,343,958.88 05/01/2000 -- -- -- --
165 1,336,762.43 1,335,810.79 04/01/2000 -- -- -- --
166 1,292,885.89 1,291,522.54 04/01/2000 -- -- -- --
167 1,292,829.48 1,291,457.36 04/01/2000 -- -- -- --
168 1,230,340.23 1,228,706.64 05/01/2000 -- -- -- --
169 1,224,228.07 1,223,538.43 05/01/2000 -- -- -- --
170 1,194,481.06 1,193,255.70 05/01/2000 -- -- -- --
171 1,194,743.84 1,193,862.94 05/01/2000 -- -- -- --
172 1,184,833.91 1,184,132.46 04/01/2000 -- -- -- --
173 1,175,983.34 1,174,459.35 05/01/2000 -- -- -- --
174 1,168,442.18 1,167,248.89 04/01/2000 -- -- -- --
175 1,089,903.08 1,088,728.40 04/01/2000 -- -- -- --
176 1,075,523.63 1,074,065.07 05/01/2000 -- -- -- --
177 1,062,330.78 1,061,618.80 05/01/2000 -- -- -- --
178 1,037,386.98 1,036,753.57 04/01/2000 -- -- -- --
179 1,015,968.52 1,015,076.60 05/01/2000 -- -- -- --
180 1,007,932.40 1,007,238.25 05/01/2000 -- -- -- --
181 998,848.63 995,966.46 05/01/2000 -- -- -- --
182 1,004,103.32 1,003,421.69 05/01/2000 -- -- -- --
183 997,586.87 996,996.28 05/01/2000 -- -- -- --
184 996,083.09 995,410.83 05/01/2000 -- -- -- --
185 957,683.37 957,116.40 04/01/2000 -- -- -- --
186 897,584.67 897,007.85 05/01/2000 -- -- -- --
187 891,738.87 890,777.77 04/01/2000 -- -- -- --
188 880,147.76 878,963.13 05/01/2000 -- -- -- --
189 860,900.99 859,704.82 04/01/2000 -- -- -- --
190 846,798.70 846,244.32 05/01/2000 -- -- -- --
191 843,255.10 842,446.34 05/01/2000 -- -- -- --
192 826,700.20 826,176.02 05/01/2000 -- -- -- --
193 805,799.68 804,663.43 04/01/2000 -- -- -- --
194 784,398.72 782,030.34 05/01/2000 -- -- -- --
195 777,982.15 777,496.29 05/01/2000 -- -- -- --
196 757,869.43 757,413.08 05/01/2000 -- -- -- --
197 746,507.41 745,974.90 05/01/2000 -- -- -- --
198 738,146.43 736,029.44 05/01/2000 -- -- -- --
199 721,777.85 721,051.42 05/01/2000 -- -- -- --
200 712,793.15 712,113.71 05/01/2000 -- -- -- --
201 667,581.68 667,158.66 05/01/2000 -- -- -- --
202 658,223.02 657,181.00 04/01/2000 -- -- -- --
203 654,538.58 654,173.68 04/01/2000 -- -- -- --
204 638,609.91 638,260.50 05/01/2000 -- -- -- --
205 610,504.05 609,645.75 04/01/2000 -- -- -- --
206 555,198.14 554,308.16 05/01/2000 -- -- -- --
207 540,381.58 539,831.70 05/01/2000 -- -- -- --
-------------- -------------- ---------- ---------- ---------- --- ---
Tot 758,271,057.23 757,642,686.07 -- -- 0.00 -- --
============== ============== ========== ========== ========== === ===
<FN>
(2) Resolution Strategy Code:
1 - Modification 8 - Resolved
2 - Foreclosure 9 - Pending Return to Master Servicer
3 - Bankruptcy 10 - Deed in Lieu Of Foreclosure
4 - Extension 11 - Full Payoff
5 - Note Sale 12 - Reps and Warranties
6 - DPO 13 - Other or TBD
7 - REO
(3) Modification Code
1 - Maturity Date Extension
2 - Amortization Change
3 - Principal Write-Off
4 - Combination
</FN>
</TABLE>
Page - 21
<PAGE>
PRINCIPAL PREPAYMENT DETAIL
Principal Prepayment Amount Prepayment Penalties
----------------------------- -----------------------------------
Curtailment Prepayment Yield Maintenance
ODCR Payoff Amount Amount Premium Premium
<TABLE>
HISTORICAL DETAIL
<CAPTION>
Delinquencies
--------------------------------------------------------------------------------------------------
Distribution 30-59 Days 60-89 Days 90 Days or More Foreclosure(1) REO(1) Modifications
Date # / Balance # / Balance # / Balance # / Balance # / Balance # / Balance
<S> <C> <C> <C> <C> <C> <C>
05/10/2000 .. 0 0 0 0 0 0
/ ........... $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00
04/10/2000 .. 0 0 0 0 0 0
/ ........... $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00
03/10/2000 .. 0 0 0 0 0 0
/ ........... $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00
02/10/2000 .. 0 0 0 0 0 0
/ ........... $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00
01/10/2000 .. 0 0 0 0 0 0
/ ........... $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00
<FN>
(1) Foreclosure and REO Totals are excluded from the delinquencies aging
categories.
</FN>
</TABLE>
HISTORICAL DETAIL, Continued
Prepayments Rate and Maturities
----------------------------- --------------------------
Curtailments Payoff Next Weighted Avg.
# / Balance # / Balance Coupon / Remit WAM
05/10/2000 .. 0 0 7.982543% 111
/ ........... $ 0.00 $ 0.00 7.897154%
04/10/2000 .. 0 0 7.982502% 112
/ ........... $ 0.00 $ 0.00 7.897109%
03/10/2000 .. 0 0 7.982450% 113
/ ........... $ 0.00 $ 0.00 7.897053%
02/10/2000 .. 0 0 7.982420% 114
/ ........... $ 0.00 $ 0.00 7.897020%
01/10/2000 .. 0 0 7.982369% 115
/ ........... $ 0.00 $ 0.00 7.896964%
Page - 22
<PAGE>
<TABLE>
DELINQUENCY LOAN DETAIL
<CAPTION>
Offer- # of Current Outstanding Status of Resolution
ing Months Paid Through P&I P&I Mortgage Strategy
Doc Delinq Date Advances Advances(1) Loan (2) Code(3)
<S> <C> <C> <C> <C> <C> <C>
2 0 04/01/2000 267,824.07 267,824.07 A --
3 0 04/01/2000 235,286.23 235,286.23 A --
7 0 04/01/2000 94,673.43 94,673.43 A --
11 0 04/01/2000 82,175.80 82,175.80 A --
15 0 04/01/2000 66,295.32 66,295.32 A --
16 0 04/01/2000 33,170.68 33,170.68 A --
17 0 04/01/2000 13,759.63 13,759.63 A --
18 0 04/01/2000 8,528.31 8,528.31 A --
19 0 04/01/2000 6,703.61 6,703.61 A --
20 0 04/01/2000 5,474.09 5,474.09 A --
22 0 04/01/2000 62,459.86 62,459.86 A --
23 0 04/01/2000 57,912.34 57,912.34 A --
26 0 04/01/2000 55,409.80 55,409.80 A --
27 0 04/01/2000 49,984.99 49,984.99 A --
30 0 04/01/2000 49,259.72 49,259.72 A --
31 0 04/01/2000 48,286.37 48,286.37 A --
32 0 04/01/2000 47,287.52 47,287.52 A --
33 0 04/01/2000 42,963.21 42,963.21 A --
36 0 04/01/2000 42,688.46 42,688.46 A --
37 0 04/01/2000 39,330.46 39,330.46 A --
40 0 04/01/2000 41,642.89 41,642.89 A --
44 0 04/01/2000 37,575.37 37,575.37 A --
46 0 04/01/2000 38,694.00 38,694.00 A --
47 0 04/01/2000 35,103.09 35,103.09 A --
52 0 04/01/2000 35,992.48 35,992.48 A --
53 0 04/01/2000 36,417.35 36,417.35 A --
55 0 04/01/2000 30,916.22 30,916.22 A --
60 0 04/01/2000 29,576.42 29,576.42 A --
62 0 04/01/2000 29,326.82 29,326.82 A --
66 0 04/01/2000 27,070.91 27,070.91 A --
67 0 04/01/2000 24,680.55 24,680.55 A --
68 0 04/01/2000 25,894.45 25,894.45 A --
69 0 04/01/2000 24,208.49 24,208.49 A --
79 0 04/01/2000 24,197.26 24,197.26 A --
80 0 04/01/2000 23,293.77 23,293.77 A --
83 0 04/01/2000 23,053.49 23,053.49 B --
88 0 04/01/2000 19,905.84 19,905.84 A --
92 0 04/01/2000 17,251.53 17,251.53 A --
99 0 04/01/2000 17,893.03 17,893.03 A --
100 0 04/01/2000 18,216.92 18,216.92 A --
103 0 04/01/2000 17,309.94 17,309.94 A --
111 0 04/01/2000 16,044.60 16,044.60 A --
116 0 04/01/2000 14,681.99 14,681.99 A --
117 0 04/01/2000 16,103.28 16,103.28 A --
119 0 04/01/2000 14,141.28 14,141.28 A --
121 0 04/01/2000 14,293.75 14,293.75 A --
122 0 04/01/2000 13,757.33 13,757.33 A --
128 0 04/01/2000 8,988.00 8,988.00 A --
129 0 04/01/2000 4,839.69 4,839.69 A --
135 0 04/01/2000 14,080.09 14,080.09 A --
138 0 04/01/2000 12,619.06 12,619.06 A --
139 0 04/01/2000 12,573.91 12,573.91 A --
</TABLE>
Page - 23
<PAGE>
<TABLE>
DELINQUENCY LOAN DETAIL, Continued
<CAPTION>
Offer- Actual Outstanding
ing Servicing Foreclosure Principal Servicing Bankruptcy REO
Doc Trnsfr Date Date Balance Advances Date Date
<S> <C> <C> <C> <C> <C> <C>
2 -- -- 36,349,876.46 0.00 -- --
3 -- -- 32,695,663.31 0.00 -- --
7 -- -- 12,164,697.93 0.00 -- --
11 -- -- 10,964,315.77 0.00 -- --
15 -- -- 9,437,336.02 0.00 -- --
16 -- -- 4,463,115.06 0.00 -- --
17 -- -- 1,752,060.10 0.00 -- --
18 -- -- 1,085,938.22 0.00 -- --
19 -- -- 853,593.31 0.00 -- --
20 -- -- 697,034.75 0.00 -- --
22 -- -- 8,455,233.74 0.00 -- --
23 -- -- 7,867,424.66 0.00 -- --
26 -- -- 7,141,769.00 0.00 -- --
27 -- -- 7,072,887.75 0.00 -- --
30 -- -- 6,627,895.29 0.00 -- --
31 -- -- 6,615,347.48 0.00 -- --
32 -- -- 6,472,648.39 0.00 -- --
33 -- -- 6,440,391.94 0.00 -- --
36 -- -- 5,702,459.22 0.00 -- --
37 -- -- 5,683,763.19 0.00 -- --
40 -- -- 5,533,434.75 0.00 -- --
44 -- -- 5,217,581.26 0.00 -- --
46 -- -- 4,987,268.84 0.00 -- --
47 -- -- 4,951,103.58 0.00 -- --
52 -- -- 4,495,401.38 0.00 -- --
53 -- -- 4,476,903.24 0.00 -- --
55 -- -- 4,371,482.90 0.00 -- --
60 -- -- 3,992,602.80 0.00 -- --
62 -- -- 3,889,231.06 0.00 -- --
66 -- -- 3,586,153.93 0.00 -- --
67 -- -- 3,578,107.78 0.00 -- --
68 -- -- 3,436,661.35 0.00 -- --
69 -- -- 3,332,306.38 0.00 -- --
79 -- -- 2,981,451.95 0.00 -- --
80 -- -- 2,979,775.69 0.00 -- --
83 -- -- 2,859,912.36 0.00 -- --
88 -- -- 2,686,532.31 0.00 -- --
92 -- -- 2,542,250.52 0.00 -- --
99 -- -- 2,455,807.67 0.00 -- --
100 -- -- 2,441,943.59 0.00 -- --
103 -- -- 2,373,278.23 0.00 -- --
111 -- -- 2,155,344.39 0.00 -- --
116 -- -- 2,050,453.04 0.00 -- --
117 -- -- 2,045,412.53 0.00 -- --
119 -- -- 1,964,828.59 0.00 -- --
121 -- -- 1,919,632.40 0.00 -- --
122 -- -- 1,904,772.52 0.00 -- --
128 -- -- 1,166,957.17 0.00 -- --
129 -- -- 628,361.57 0.00 -- --
135 -- -- 1,760,946.65 0.00 -- --
138 -- -- 1,667,881.20 0.00 -- --
139 -- -- 1,662,268.86 0.00 -- --
</TABLE>
Page - 24
<PAGE>
<TABLE>
DELINQUENCY LOAN DETAIL
<CAPTION>
Offer- # of Current Outstanding Status of Resolution
ing Months Paid Through P&I P&I Mortgage Strategy
Doc Delinq Date Advances Advances(1) Loan (2) Code(3)
<S> <C> <C> <C> <C> <C> <C>
144 0 04/01/2000 12,799.34 12,799.34 A --
146 0 04/01/2000 11,993.42 11,993.42 A --
151 0 04/01/2000 11,492.43 11,492.43 A --
152 0 04/01/2000 12,106.53 12,106.53 A --
162 0 04/01/2000 11,302.76 11,302.76 A --
165 0 04/01/2000 9,807.69 9,807.69 A --
166 0 04/01/2000 10,241.17 10,241.17 A --
167 0 04/01/2000 10,206.45 10,206.45 A --
172 0 04/01/2000 9,360.61 9,360.61 A --
174 0 04/01/2000 9,372.39 9,372.39 A --
175 0 04/01/2000 8,695.01 8,695.01 A --
178 0 04/01/2000 8,085.31 8,085.31 A --
185 0 04/01/2000 7,566.04 7,566.04 A --
187 0 04/01/2000 7,114.10 7,114.10 A --
189 0 04/01/2000 6,225.27 6,225.27 A --
193 0 04/01/2000 5,809.89 5,809.89 A --
202 0 04/01/2000 5,918.36 5,918.36 A --
203 0 04/01/2000 5,306.67 5,306.67 A --
205 0 04/01/2000 4,409.40 4,409.40 A --
- --- --- ---------- ------------ ------------ --- ---
71 -- -- 2,197,630.54 2,197,630.54 -- --
=== === ========== ============ ============ === ===
</TABLE>
Page - 25
<PAGE>
<TABLE>
DELINQUENCY LOAN DETAIL, Continued
<CAPTION>
Offer- Actual Outstanding
ing Servicing Foreclosure Principal Servicing Bankruptcy REO
Doc Trnsfr Date Date Balance Advances Date Date
<S> <C> <C> <C> <C> <C> <C>
144 -- -- 1,632,192.44 0.00 -- --
146 -- -- 1,607,695.95 0.00 -- --
151 -- -- 1,543,801.98 0.00 -- --
152 -- -- 1,519,135.07 0.00 -- --
162 -- -- 1,404,297.79 0.00 -- --
165 -- -- 1,336,762.43 0.00 -- --
166 -- -- 1,292,885.89 0.00 -- --
167 -- -- 1,292,829.48 0.00 -- --
172 -- -- 1,184,833.91 0.00 -- --
174 -- -- 1,168,442.18 0.00 -- --
175 -- -- 1,089,903.08 0.00 -- --
178 -- -- 1,037,386.98 0.00 -- --
185 -- -- 957,683.37 0.00 -- --
187 -- -- 891,738.87 0.00 -- --
189 -- -- 860,900.99 0.00 -- --
193 -- -- 805,799.68 0.00 -- --
202 -- -- 658,223.02 0.00 -- --
203 -- -- 654,538.58 0.00 -- --
205 -- -- 610,504.05 0.00 -- --
- --- ---------- ---------- -------------- -------- ---------- ----------
71 -- -- 296,189,057.82 0.00 -- --
=== ========== ========== ============== ======== ========== ==========
</TABLE>
Page - 26
<PAGE>
<TABLE>
<CAPTION>
Current Outstanding Actual Outstanding
P&I P&I Principal Servicing
Totals by Delinquency Code: Advances Advances(1) Balance Advances
<S> <C> <C> <C> <C>
Total for Status Code = A(70 loans) ......... 2,174,577.05 2,174,577.05 293,329,145.46 0.00
Total for Status Code = B (2 loan) .......... 23,053.49 23,053.49 2,859,912.36 0.00
</TABLE>
<TABLE>
SPECIALLY SERVICED LOAN DETAIL - PART I
<CAPTION>
Offering Servicing Resolution
Distribution Doc Transfer Strategy Scheduled Property Interest Actual
Date Ref Date Code (1) Balance Type(2) State Rate Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
05/10/2000 141 12/27/1999 1 1,643,761.75 IN IN 8.320% 1,643,761.75
</TABLE>
<TABLE>
SPECIALLY SERVICED LOAN DETAIL - PART I, Continued
<CAPTION>
Net Remaining
Distribution Operating DSCR Note Maturity Amortization
Date Income Date DSCR Date Date Term
<S> <C> <C> <C> <C> <C> <C>
05/10/2000 210,980.00 12/31/1999 1.4 -- 10/01/2009 352
</TABLE>
<TABLE>
SPECIALLY SERVICED LOAN DETAIL - PART 2
<CAPTION>
Offering Resolution Site Other REO
Distribution Document Strategy Inspection Phase 1 Appraisal Appraisal Property
Date Cross-Ref Code(1) Date Date Date Value Revenue
<S> <C> <C> <C> <C> <C> <C> <C>
05/10/2000 141 1 -- -- -- -- --
</TABLE>
SPECIALLY SERVICED LOAN DETAIL - PART 2, Continued
Offering
Document Comments from
Cross-Ref Special Servicer
05/10/2000 141 Loan is current, the pricipal of the managing member of
the Bwr. enity has filed for Bankruptcy, not the Borrowing
enity nor the managing member. Monitoring to determine if
Trust's interest are at risk. The property is 100% occ and
shows a strong DSCR.
MODIFIED LOAN DETAIL
Pre-
Modification Modification Modification
ODCR Balance Date Description
NO MODIFIED LOANS
<TABLE>
LIQUIDATED LOAN DETAIL
<CAPTION>
Gross
Final Proceeds
Recovery as a % of Aggregate
Determination Appraisal Appraisal Actual Gross Actual Liquidation
ODCR Date Date Value Balance Proceeds Balance Expenses(1)
<S> <C> <C> <C> <C> <C> <C> <C>
<FN>
(1) Aggregate liquidation expenses also include outstanding P&I advances and
unpaid fees (servicing, trustee, etc.)
</FN>
</TABLE>
<TABLE>
LIQUIDATED LOAN DETAIL, Continued
<CAPTION>
Net Net Proceeds Repurchased
Liquidation as a % of Realized by Seller
ODCR Proceeds Actual Balance Loss (Y/N)
<S> <C> <C> <C> <C>
</TABLE>
Page - 27
<TABLE>
MIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Loan Status
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: May, 2000
DATE PRINTED: 10-May-00
<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 44,858,091 0 N/A 1.20 N/A PERFORMING PERFORM TO MATURITY
002 36,349,876 0 N/A 0.89 N/A PERFORMING PERFORM TO MATURITY
003 32,695,663 0 333.6% 1.25 N/A PERFORMING PERFORM TO MATURITY
004 20,924,648 0 59.8% 0.95 N/A PERFORMING PERFORM TO MATURITY
005 13,524,933 0 77.3% 1.74 N/A PERFORMING PERFORM TO MATURITY
006 12,445,444 0 N/A 1.27 N/A PERFORMING PERFORM TO MATURITY
007 12,164,698 0 73.7% 1.51 N/A PERFORMING PERFORM TO MATURITY
008 11,635,761 0 71.2% 1.23 N/A PERFORMING PERFORM TO MATURITY
009 11,361,529 0 N/A 0.49 N/A PERFORMING PERFORM TO MATURITY
010 11,311,926 0 74.5% 1.69 N/A PERFORMING PERFORM TO MATURITY
011 10,964,316 0 N/A 1.07 N/A PERFORMING PERFORM TO MATURITY
012 10,955,843 0 N/A 1.02 N/A PERFORMING PERFORM TO MATURITY
013 10,205,748 0 77.3% 1.73 N/A PERFORMING PERFORM TO MATURITY
014 9,922,370 0 53.3% 2.10 N/A PERFORMING PERFORM TO MATURITY
015 9,437,336 0 75.8% 1.59 N/A PERFORMING PERFORM TO MATURITY
016 4,463,115 0 78.7% 1.33 N/A PERFORMING ORIGINATION
017 1,752,060 0 71.5% 1.84 N/A PERFORMING PERFORM TO MATURITY
018 1,085,938 0 66.2% 2.01 N/A PERFORMING PERFORM TO MATURITY
019 853,593 0 69.3% 1.76 N/A PERFORMING PERFORM TO MATURITY
020 697,035 0 69.7% 1.80 N/A PERFORMING PERFORM TO MATURITY
021 8,478,965 0 90.3% 1.46 N/A PERFORMING PERFORM TO MATURITY
022 8,455,234 0 N/A 1.20 N/A PERFORMING PERFORM TO MATURITY
023 7,867,425 0 67.5% 1.48 N/A PERFORMING PERFORM TO MATURITY
024 7,453,381 0 72.7% 1.69 N/A PERFORMING PERFORM TO MATURITY
025 7,160,259 0 77.0% 1.60 N/A PERFORMING PERFORM TO MATURITY
026 7,141,769 0 N/A 1.26 N/A PERFORMING PERFORM TO MATURITY
027 7,072,888 0 78.1% 1.37 N/A PERFORMING PERFORM TO MATURITY
028 6,976,436 0 78.8% 1.22 N/A PERFORMING PERFORM TO MATURITY
029 6,863,346 0 73.9% 1.53 N/A PERFORMING PERFORM TO MATURITY
030 6,627,895 0 69.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
031 6,615,347 0 79.6% 1.41 N/A PERFORMING PERFORM TO MATURITY
032 6,472,648 0 75.8% 1.31 N/A PERFORMING PERFORM TO MATURITY
033 6,440,392 0 76.9% 1.42 N/A PERFORMING PERFORM TO MATURITY
034 6,314,632 0 68.6% 1.69 N/A PERFORMING PERFORM TO MATURITY
035 6,191,819 0 71.4% 1.11 N/A PERFORMING PERFORM TO MATURITY
036 5,702,459 0 68.8% 1.49 N/A PERFORMING PERFORM TO MATURITY
037 5,683,763 0 81.2% 1.58 N/A PERFORMING PERFORM TO MATURITY
038 5,613,559 0 65.3% 1.87 N/A PERFORMING PERFORM TO MATURITY
039 5,581,336 0 79.7% 1.30 N/A PERFORMING PERFORM TO MATURITY
040 5,533,435 0 73.5% 1.60 N/A PERFORMING PERFORM TO MATURITY
041 5,421,959 0 77.7% 1.69 N/A PERFORMING ORIGINATION
042 5,411,354 0 75.0% 1.64 N/A PERFORMING ORIGINATION
043 5,372,517 0 77.0% 1.41 N/A PERFORMING PERFORM TO MATURITY
044 5,217,581 0 72.9% 0.99 N/A PERFORMING PERFORM TO MATURITY
045 5,130,977 0 78.2% 1.13 N/A PERFORMING PERFORM TO MATURITY
046 4,987,269 0 N/A 1.51 N/A PERFORMING PERFORM TO MATURITY
047 4,951,104 0 77.4% 1.55 N/A PERFORMING PERFORM TO MATURITY
048 3,286,889 0 74.3% 1.33 N/A PERFORMING ORIGINATION
049 1,637,229 0 73.8% 1.38 N/A PERFORMING PERFORM TO MATURITY
050 4,623,646 0 74.1% 1.25 N/A PERFORMING PERFORM TO MATURITY
051 4,532,386 0 73.0% 2.12 N/A PERFORMING PERFORM TO MATURITY
052 4,495,401 0 71.9% 1.64 N/A PERFORMING PERFORM TO MATURITY
053 4,476,903 0 70.0% 0.00 N/A PERFORMING PERFORM TO MATURITY
054 4,414,879 0 69.4% 1.28 N/A PERFORMING PERFORM TO MATURITY
055 4,371,483 0 77.8% 1.12 N/A PERFORMING PERFORM TO MATURITY
056 4,326,685 0 76.6% 1.59 N/A PERFORMING PERFORM TO MATURITY
057 4,267,133 0 75.8% 1.21 N/A PERFORMING ORIGINATION
058 4,183,510 0 61.1% 1.11 N/A PERFORMING PERFORM TO MATURITY
059 4,078,415 0 49.3% 0.00 N/A PERFORMING PERFORM TO MATURITY
060 3,992,603 0 75.3% 1.46 N/A PERFORMING PERFORM TO MATURITY
061 3,977,919 0 78.8% 1.57 N/A PERFORMING PERFORM TO MATURITY
062 3,889,231 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
</TABLE>
Page - 28
<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>
063 3,886,074 0 74.7% 0.00 N/A PERFORMING PERFORM TO MATURITY
064 3,837,921 0 69.5% 2.22 N/A PERFORMING PERFORM TO MATURITY
065 3,789,423 0 70.8% 2.19 N/A PERFORMING PERFORM TO MATURITY
066 3,586,154 0 70.6% 1.34 N/A PERFORMING PERFORM TO MATURITY
067 3,578,108 0 79.5% 2.00 N/A PERFORMING PERFORM TO MATURITY
068 3,436,661 0 76.2% 1.26 N/A PERFORMING PERFORM TO MATURITY
069 3,332,306 0 78.0% 1.34 N/A PERFORMING PERFORM TO MATURITY
070 3,296,077 0 67.1% 2.12 N/A PERFORMING PERFORM TO MATURITY
071 3,288,444 0 68.5% 1.61 N/A PERFORMING PERFORM TO MATURITY
072 3,286,855 0 78.3% 1.03 N/A PERFORMING PERFORM TO MATURITY
073 3,272,154 0 78.8% 0.00 N/A PERFORMING PERFORM TO MATURITY
074 3,232,966 0 72.7% 1.37 N/A PERFORMING PERFORM TO MATURITY
075 3,185,342 0 73.1% 1.59 N/A PERFORMING PERFORM TO MATURITY
076 3,179,555 0 70.7% 0.00 N/A PERFORMING PERFORM TO MATURITY
077 3,123,357 0 74.4% 1.01 N/A PERFORMING PERFORM TO MATURITY
078 3,011,780 0 68.0% 1.57 N/A PERFORMING PERFORM TO MATURITY
079 2,981,452 0 66.8% 1.38 N/A PERFORMING ORIGINATION
080 2,979,776 0 73.9% 1.76 N/A PERFORMING PERFORM TO MATURITY
081 2,905,605 0 74.3% 1.28 N/A PERFORMING PERFORM TO MATURITY
082 2,893,403 0 72.5% 1.52 N/A PERFORMING ORIGINATION
083 2,859,912 3 N/A 1.26 N/A PERFORMING PERFORM TO MATURITY
084 1,293,424 0 N/A 1.40 N/A PERFORMING PERFORM TO MATURITY
085 1,094,436 0 57.6% 1.29 N/A PERFORMING PERFORM TO MATURITY
086 397,977 0 N/A 1.92 N/A PERFORMING PERFORM TO MATURITY
087 2,784,469 0 72.2% 1.96 N/A PERFORMING PERFORM TO MATURITY
088 2,686,532 0 79.6% 1.46 N/A PERFORMING PERFORM TO MATURITY
089 845,985 0 60.4% 1.73 N/A PERFORMING PERFORM TO MATURITY
090 1,810,014 0 71.0% 1.57 N/A PERFORMING PERFORM TO MATURITY
091 2,620,109 0 72.8% 1.81 N/A PERFORMING PERFORM TO MATURITY
092 2,542,251 0 74.8% 1.31 N/A PERFORMING PERFORM TO MATURITY
093 2,497,025 0 62.4% 1.03 N/A PERFORMING PERFORM TO MATURITY
094 2,509,340 0 74.5% 1.60 N/A PERFORMING PERFORM TO MATURITY
095 2,484,654 0 59.0% 1.26 N/A PERFORMING PERFORM TO MATURITY
096 2,490,093 0 78.5% 1.35 N/A PERFORMING ORIGINATION
097 2,489,010 0 68.8% 1.51 N/A PERFORMING PERFORM TO MATURITY
098 2,459,579 0 76.7% 1.31 N/A PERFORMING PERFORM TO MATURITY
099 2,455,808 0 86.2% 1.28 N/A PERFORMING PERFORM TO MATURITY
100 2,441,944 0 71.0% 0.68 N/A PERFORMING ORIGINATION
101 2,416,160 0 74.8% 1.39 N/A PERFORMING PERFORM TO MATURITY
102 2,391,140 0 71.9% 1.15 N/A PERFORMING PERFORM TO MATURITY
103 2,373,278 0 62.9% 1.30 N/A PERFORMING PERFORM TO MATURITY
104 2,367,615 0 73.3% 1.42 N/A PERFORMING PERFORM TO MATURITY
105 2,315,316 0 N/A 0.91 N/A PERFORMING PERFORM TO MATURITY
106 2,314,464 0 79.1% 1.22 N/A PERFORMING PERFORM TO MATURITY
107 2,314,464 0 71.6% 1.32 N/A PERFORMING PERFORM TO MATURITY
108 2,307,072 0 74.3% 1.48 N/A PERFORMING PERFORM TO MATURITY
109 2,188,336 0 70.6% 2.84 N/A PERFORMING PERFORM TO MATURITY
110 2,180,227 0 64.1% 2.38 N/A PERFORMING PERFORM TO MATURITY
111 2,155,344 0 78.5% 0.92 N/A PERFORMING PERFORM TO MATURITY
112 2,137,063 0 69.1% 1.71 N/A PERFORMING PERFORM TO MATURITY
113 2,119,869 0 72.0% 1.14 N/A PERFORMING ORIGINATION
114 2,084,517 0 86.9% 0.00 N/A PERFORMING PERFORM TO MATURITY
115 2,084,692 0 78.4% 1.35 N/A PERFORMING ORIGINATION
116 2,050,453 0 76.6% 1.50 N/A PERFORMING PERFORM TO MATURITY
117 2,045,413 0 69.3% 1.48 N/A PERFORMING PERFORM TO MATURITY
118 1,991,275 0 74.0% 1.31 N/A PERFORMING PERFORM TO MATURITY
119 1,964,829 0 79.3% 1.20 N/A PERFORMING PERFORM TO MATURITY
120 1,961,880 0 75.5% 1.33 N/A PERFORMING PERFORM TO MATURITY
121 1,919,632 0 50.9% 1.57 N/A PERFORMING PERFORM TO MATURITY
122 1,904,773 0 67.4% 1.08 N/A PERFORMING PERFORM TO MATURITY
123 1,888,630 0 72.4% 1.58 N/A PERFORMING ORIGINATION
124 1,872,588 0 75.9% 1.27 N/A PERFORMING PERFORM TO MATURITY
125 1,865,948 0 70.2% 1.30 N/A PERFORMING PERFORM TO MATURITY
126 1,833,185 0 71.3% 2.07 N/A PERFORMING PERFORM TO MATURITY
127 1,794,663 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
128 1,166,957 0 N/A 0.89 N/A PERFORMING PERFORM TO MATURITY
129 628,362 0 N/A 1.02 N/A PERFORMING PERFORM TO MATURITY
130 1,793,461 0 65.2% 1.17 N/A PERFORMING PERFORM TO MATURITY
131 1,790,993 0 73.9% 1.29 N/A PERFORMING ORIGINATION
132 1,780,098 0 75.1% 1.10 N/A PERFORMING PERFORM TO MATURITY
</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>
133 1,768,764 0 76.9% 1.69 N/A PERFORMING PERFORM TO MATURITY
134 1,757,696 0 78.1% 1.72 N/A PERFORMING PERFORM TO MATURITY
135 1,760,947 0 74.4% 1.74 N/A PERFORMING PERFORM TO MATURITY
136 1,757,240 0 73.5% 1.32 N/A PERFORMING PERFORM TO MATURITY
137 1,735,170 0 65.7% 1.76 N/A PERFORMING PERFORM TO MATURITY
138 1,667,881 0 76.8% 1.83 N/A PERFORMING PERFORM TO MATURITY
139 1,662,269 0 75.6% 1.74 N/A PERFORMING PERFORM TO MATURITY
140 1,639,731 0 82.1% 1.07 N/A PERFORMING PERFORM TO MATURITY
141 1,643,762 0 N/A 1.40 N/A NON-MONETARY DEFAULT PERFORM TO MATURITY
142 1,639,868 0 64.8% 1.31 N/A PERFORMING ORIGINATION
143 1,637,206 0 63.3% 1.50 N/A PERFORMING PERFORM TO MATURITY
144 1,632,192 0 74.5% 1.37 N/A PERFORMING ORIGINATION
145 1,633,417 0 77.3% 1.62 N/A PERFORMING PERFORM TO MATURITY
146 1,607,696 0 75.9% 0.67 N/A PERFORMING PERFORM TO MATURITY
147 1,591,845 0 63.5% 1.29 N/A PERFORMING PERFORM TO MATURITY
148 1,561,037 0 70.3% 1.66 N/A PERFORMING PERFORM TO MATURITY
149 1,543,984 0 N/A 1.82 N/A PERFORMING PERFORM TO MATURITY
150 1,543,762 0 75.5% 1.28 N/A PERFORMING ORIGINATION
151 1,543,802 0 78.0% 1.48 N/A PERFORMING PERFORM TO MATURITY
152 1,519,135 0 69.8% 1.67 N/A PERFORMING PERFORM TO MATURITY
153 1,513,770 0 68.8% 1.96 N/A PERFORMING PERFORM TO MATURITY
154 1,490,861 0 68.1% 0.56 N/A PERFORMING PERFORM TO MATURITY
155 1,490,105 0 58.1% 1.89 N/A PERFORMING ORIGINATION
156 1,492,454 0 70.7% 1.43 N/A PERFORMING PERFORM TO MATURITY
157 1,483,531 0 60.7% 1.22 N/A PERFORMING ORIGINATION
158 1,464,390 0 63.7% 1.70 N/A PERFORMING PERFORM TO MATURITY
159 1,451,019 0 73.5% 1.23 N/A PERFORMING PERFORM TO MATURITY
160 1,426,395 0 68.3% 1.44 N/A PERFORMING PERFORM TO MATURITY
161 1,399,050 0 63.6% 1.74 N/A PERFORMING PERFORM TO MATURITY
162 1,404,298 0 66.8% 0.88 N/A PERFORMING PERFORM TO MATURITY
163 1,389,757 0 69.5% 1.00 N/A PERFORMING PERFORM TO MATURITY
164 1,343,959 0 N/A 1.91 N/A PERFORMING PERFORM TO MATURITY
165 1,336,762 0 77.2% 1.42 N/A PERFORMING PERFORM TO MATURITY
166 1,292,886 0 72.6% 1.21 N/A PERFORMING PERFORM TO MATURITY
167 1,292,829 0 76.0% 0.00 N/A PERFORMING PERFORM TO MATURITY
168 1,228,707 0 78.0% 1.36 N/A PERFORMING PERFORM TO MATURITY
169 1,223,538 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
170 1,193,256 0 70.2% 1.46 N/A PERFORMING PERFORM TO MATURITY
171 1,193,863 0 76.1% 1.31 N/A PERFORMING ORIGINATION
172 1,184,834 0 N/A 1.16 N/A PERFORMING PERFORM TO MATURITY
173 1,174,459 0 67.2% 1.31 N/A PERFORMING PERFORM TO MATURITY
174 1,168,442 0 69.8% 1.60 N/A PERFORMING PERFORM TO MATURITY
175 1,089,903 0 71.9% 1.65 N/A PERFORMING PERFORM TO MATURITY
176 1,074,065 0 70.9% 1.65 N/A PERFORMING PERFORM TO MATURITY
177 1,061,619 0 74.1% 1.36 N/A PERFORMING PERFORM TO MATURITY
178 1,037,387 0 N/A 1.99 N/A PERFORMING PERFORM TO MATURITY
179 1,015,077 0 70.0% 1.63 N/A PERFORMING PERFORM TO MATURITY
180 1,007,238 0 70.0% 1.52 N/A PERFORMING PERFORM TO MATURITY
181 995,966 0 N/A 2.40 N/A PERFORMING PERFORM TO MATURITY
182 1,003,422 0 68.3% 1.28 N/A PERFORMING PERFORM TO MATURITY
183 996,996 0 N/A 1.16 N/A PERFORMING PERFORM TO MATURITY
184 995,411 0 68.6% 1.59 N/A PERFORMING PERFORM TO MATURITY
185 957,683 0 79.8% 1.93 N/A PERFORMING PERFORM TO MATURITY
186 897,008 0 56.1% 1.83 N/A PERFORMING PERFORM TO MATURITY
187 891,739 0 72.1% 2.02 N/A PERFORMING PERFORM TO MATURITY
188 878,963 0 66.5% 2.54 N/A PERFORMING PERFORM TO MATURITY
189 860,901 0 78.3% 0.31 N/A PERFORMING PERFORM TO MATURITY
190 846,244 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
191 842,446 0 N/A 1.79 N/A PERFORMING PERFORM TO MATURITY
192 826,176 0 73.4% 1.27 N/A PERFORMING PERFORM TO MATURITY
193 805,800 0 66.6% 1.66 N/A PERFORMING PERFORM TO MATURITY
194 782,030 0 61.1% 0.00 N/A PERFORMING ORIGINATION
195 777,496 0 50.2% 1.22 N/A PERFORMING PERFORM TO MATURITY
196 757,413 0 N/A 1.42 N/A PERFORMING PERFORM TO MATURITY
197 745,975 0 73.4% 1.54 N/A PERFORMING PERFORM TO MATURITY
198 736,029 0 52.6% 0.00 N/A PERFORMING PERFORM TO MATURITY
199 721,051 0 72.0% 1.62 N/A PERFORMING PERFORM TO MATURITY
200 712,114 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
201 667,159 0 N/A 1.68 N/A PERFORMING PERFORM TO MATURITY
202 658,223 0 N/A 0.00 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>
203 654,539 0 N/A 1.31 N/A PERFORMING PERFORM TO MATURITY
204 638,261 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
205 610,504 0 73.1% 1.22 N/A PERFORMING PERFORM TO MATURITY
206 554,308 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
207 539,832 0 75.4% 1.55 N/A PERFORMING PERFORM TO MATURITY
- --- ------------- --- ------ ---- --- ------------------------- ------------------------------
TOTAL 757,878,203
============
</TABLE>
Page - 31
<PAGE>
<TABLE>
MIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Loan Terms
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: May, 2000
DATE PRINTED: 10-May-00
<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 44,858,091 10/28/99 11/1/29 354 8.580% F 348,566
002 36,349,876 8/26/99 9/1/29 112 8.000% F 267,824
003 32,695,663 6/25/99 7/1/29 110 7.740% F 235,286
004 20,924,648 11/1/99 11/1/29 114 8.060% F 154,970
005 13,524,933 8/18/99 9/1/29 112 7.430% F 94,442
006 12,445,444 9/7/99 10/1/29 113 7.760% F 89,638
007 12,164,698 9/29/99 10/1/29 77 8.600% F 94,673
008 11,635,761 6/18/99 7/1/29 110 8.180% F 87,323
009 11,361,529 10/29/99 11/1/29 114 8.310% F 86,126
010 11,311,926 10/26/98 11/1/28 102 6.320% F 71,332
011 10,964,316 9/30/99 10/1/29 113 8.190% F 82,176
012 10,955,843 9/20/99 10/1/29 113 8.090% F 81,405
013 10,205,748 8/31/98 9/1/28 100 6.700% F 66,980
014 9,922,370 7/9/99 8/1/24 111 8.650% F 81,536
015 9,437,336 5/19/99 6/1/29 109 7.480% F 66,295
016 4,463,115 9/7/99 10/1/29 113 8.100% F 33,171
017 1,752,060 9/8/99 10/1/29 113 8.700% F 13,760
018 1,085,938 9/8/99 10/1/29 113 8.700% F 8,528
019 853,593 9/8/99 10/1/29 113 8.700% F 6,704
020 697,035 9/8/99 10/1/29 113 8.700% F 5,474
021 8,478,965 7/30/98 8/1/28 339 6.890% F 56,845
022 8,455,234 10/13/99 11/1/29 114 8.040% F 62,460
023 7,867,425 8/9/99 9/1/29 112 7.990% F 57,912
024 7,453,381 9/15/99 10/1/29 113 7.890% F 54,349
025 7,160,259 8/18/99 9/1/29 112 7.430% F 49,999
026 7,141,769 10/25/99 11/1/29 114 8.570% F 55,410
027 7,072,888 9/21/99 10/1/29 113 7.570% F 49,985
028 6,976,436 9/3/99 10/1/29 113 8.320% F 52,934
029 6,863,346 7/19/99 8/1/29 111 7.980% F 50,534
030 6,627,895 9/23/99 10/1/29 113 8.100% F 49,260
031 6,615,347 6/25/99 7/1/29 110 7.890% F 48,286
032 6,472,648 8/20/99 9/1/29 112 7.910% F 47,288
033 6,440,392 6/23/98 7/1/28 98 6.860% F 42,963
034 6,314,632 10/13/99 11/1/24 114 8.370% F 50,577
035 6,191,819 5/20/99 6/1/24 109 7.960% F 48,150
036 5,702,459 8/12/99 9/1/29 112 8.170% F 42,688
037 5,683,763 1/15/98 2/1/28 93 7.190% F 39,330
038 5,613,559 10/13/99 11/1/24 114 8.370% F 44,962
039 5,581,336 10/15/99 11/1/29 114 8.360% F 42,505
040 5,533,435 5/6/98 6/1/23 97 7.420% F 41,643
041 5,421,959 10/22/99 11/1/29 114 8.380% F 41,367
042 5,411,354 9/1/99 10/1/29 113 8.300% F 41,000
043 5,372,517 8/3/99 9/1/29 112 7.770% F 38,761
044 5,217,581 5/14/99 6/1/29 109 7.740% F 37,575
045 5,130,977 10/11/99 11/1/29 114 7.940% F 37,574
046 4,987,269 10/25/99 11/1/29 114 8.570% F 38,694
047 4,951,104 12/15/97 1/1/28 152 7.440% F 35,103
048 3,286,889 9/3/99 10/1/29 113 8.130% F 24,514
049 1,637,229 8/4/99 9/1/24 112 8.130% F 12,877
050 4,623,646 8/19/99 9/1/29 112 8.000% F 34,091
051 4,532,386 9/8/99 10/1/29 113 8.230% F 34,119
052 4,495,401 4/8/98 5/1/23 120 8.160% F 35,992
053 4,476,903 9/30/99 10/1/24 113 8.560% F 36,417
054 4,414,879 3/27/98 4/1/28 95 7.180% F 30,485
055 4,371,483 5/21/99 6/1/29 109 7.550% F 30,916
056 4,326,685 10/17/98 11/1/23 102 6.640% F 30,300
057 4,267,133 4/21/99 5/1/29 108 7.760% F 30,828
058 4,183,510 10/13/99 5/1/27 114 8.790% F 33,806
059 4,078,415 10/5/99 11/1/24 114 8.670% F 33,485
060 3,992,603 4/29/98 5/1/28 96 7.950% F 29,576
061 3,977,919 6/30/99 7/1/29 110 8.160% F 29,798
062 3,889,231 10/8/99 11/1/29 114 8.260% F 29,327
063 3,886,074 10/20/99 11/1/29 114 8.080% F 28,835
064 3,837,921 8/5/98 9/1/28 100 6.940% F 25,790
</TABLE>
Page - 32
<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>
065 3,789,423 8/28/98 10/1/23 101 7.260% F 28,034
066 3,586,154 8/11/99 9/1/29 112 8.260% F 27,071
067 3,578,108 6/9/99 7/1/29 110 7.300% F 24,681
068 3,436,661 8/6/99 9/1/29 112 8.240% F 25,894
069 3,332,306 6/25/99 7/1/29 110 7.840% F 24,208
070 3,296,077 8/12/98 9/1/28 340 6.890% F 22,041
071 3,288,444 10/15/99 11/1/29 114 8.160% F 24,583
072 3,286,855 9/24/99 10/1/29 113 8.120% F 24,491
073 3,272,154 10/5/98 11/1/28 342 6.900% F 21,866
074 3,232,966 6/10/99 7/1/29 74 8.350% F 24,645
075 3,185,342 6/18/99 7/1/29 110 8.270% F 24,104
076 3,179,555 8/11/99 9/1/24 292 9.130% F 27,140
077 3,123,357 7/28/99 8/1/24 111 8.210% F 24,752
078 3,011,780 8/23/99 10/1/27 113 8.610% F 23,865
079 2,981,452 8/26/99 9/1/24 112 8.520% F 24,197
080 2,979,776 8/6/99 9/1/24 112 8.070% F 23,294
081 2,905,605 5/27/99 6/1/29 109 7.910% F 21,279
082 2,893,403 9/2/99 10/1/24 113 8.630% F 23,696
083 2,859,912 9/13/99 10/1/24 113 8.450% F 23,053
084 1,293,424 10/26/99 11/1/24 114 8.880% F 10,803
085 1,094,436 10/26/99 11/1/24 114 8.880% F 9,141
086 397,977 10/26/99 11/1/24 114 8.880% F 3,324
087 2,784,469 7/28/99 8/1/29 111 7.810% F 20,176
088 2,686,532 6/24/99 7/1/29 50 8.050% F 19,906
089 845,985 7/30/98 8/1/28 99 7.030% F 5,739
090 1,810,014 7/30/98 8/1/28 99 7.030% F 12,279
091 2,620,109 9/22/99 10/1/29 113 8.340% F 19,925
092 2,542,251 7/31/98 9/1/28 100 7.050% F 17,252
093 2,497,025 8/23/99 9/1/14 172 8.510% F 25,155
094 2,509,340 7/9/99 8/1/19 111 8.190% F 21,598
095 2,484,654 10/15/99 11/1/24 114 7.840% F 19,031
096 2,490,093 9/9/99 10/1/29 113 8.140% F 18,589
097 2,489,010 8/30/99 9/1/29 112 8.360% F 18,975
098 2,459,579 8/19/98 9/1/28 340 6.870% F 16,415
099 2,455,808 1/9/98 2/1/28 93 7.740% F 17,893
100 2,441,944 9/7/99 10/1/29 113 8.140% F 18,217
101 2,416,160 5/27/99 6/1/29 169 7.980% F 17,811
102 2,391,140 9/3/99 10/1/29 113 8.410% F 18,301
103 2,373,278 9/16/98 10/1/23 101 7.110% F 17,310
104 2,367,615 7/21/99 8/1/29 111 8.060% F 17,563
105 2,315,316 10/13/99 11/1/24 114 8.530% F 18,792
106 2,314,464 8/16/99 9/1/29 112 8.240% F 17,451
107 2,314,464 8/6/99 9/1/29 112 8.240% F 17,451
108 2,307,072 8/20/99 9/1/24 112 8.150% F 18,176
109 2,188,336 9/24/99 10/1/24 113 9.280% F 18,886
110 2,180,227 7/21/99 8/1/24 111 7.890% F 16,820
111 2,155,344 6/16/99 7/1/29 110 8.100% F 16,045
112 2,137,063 10/28/99 11/1/24 114 7.950% F 16,523
113 2,119,869 9/3/99 10/1/29 113 8.280% F 16,032
114 2,084,517 9/17/99 10/1/26 236 8.140% F 15,989
115 2,084,692 10/4/99 11/1/29 114 8.170% F 15,599
116 2,050,453 8/14/98 9/1/23 100 6.880% F 14,682
117 2,045,413 6/4/98 7/1/23 98 7.980% F 16,103
118 1,991,275 8/24/99 9/1/29 112 8.390% F 15,223
119 1,964,829 9/10/99 10/1/29 113 7.760% F 14,141
120 1,961,880 1/8/98 2/1/28 34 7.610% F 14,135
121 1,919,632 9/10/99 5/1/25 113 8.120% F 14,294
122 1,904,773 8/11/98 9/1/23 100 6.980% F 13,757
123 1,888,630 10/1/99 10/1/24 114 7.980% F 14,639
124 1,872,588 9/30/99 10/1/29 113 8.160% F 14,005
125 1,865,948 7/12/99 8/1/24 111 7.850% F 14,347
126 1,833,185 6/4/99 7/1/24 110 7.750% F 13,989
127 1,794,663 10/13/99 11/1/29 114 8.820% F 14,251
128 1,166,957 10/11/99 11/1/29 114 8.490% F 8,988
129 628,362 10/11/99 11/1/29 114 8.490% F 4,840
130 1,793,461 9/29/99 10/1/29 113 8.470% F 13,802
131 1,790,993 8/23/99 9/1/29 112 7.840% F 13,008
132 1,780,098 5/28/99 6/1/24 109 7.880% F 13,750
133 1,768,764 6/26/98 7/1/28 338 6.940% F 11,903
</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>
134 1,757,696 9/4/98 10/1/23 101 6.900% F 12,607
135 1,760,947 7/13/99 8/1/24 111 8.330% F 14,080
136 1,757,240 5/26/99 6/1/29 109 7.900% F 12,857
137 1,735,170 7/14/99 8/1/24 111 8.200% F 13,739
138 1,667,881 7/21/99 8/1/29 111 8.280% F 12,619
139 1,662,269 7/22/98 8/1/23 159 7.510% F 12,574
140 1,639,731 9/28/99 10/1/19 233 7.890% F 13,763
141 1,643,762 9/23/99 10/1/29 113 8.320% F 12,477
142 1,639,868 9/8/99 10/1/24 113 8.550% F 13,342
143 1,637,206 8/4/99 9/1/24 112 8.120% F 12,866
144 1,632,192 10/5/99 11/1/24 114 8.130% F 12,799
145 1,633,417 9/10/99 10/1/29 113 8.090% F 12,137
146 1,607,696 9/10/99 10/1/29 113 8.140% F 11,993
147 1,591,845 7/6/99 8/1/29 111 8.140% F 11,897
148 1,561,037 6/3/99 7/1/24 110 8.450% F 12,629
149 1,543,984 9/21/99 10/1/29 113 8.220% F 11,612
150 1,543,762 9/22/99 10/1/29 113 8.080% F 11,460
151 1,543,802 8/13/99 9/1/29 112 8.110% F 11,492
152 1,519,135 8/23/99 9/1/09 112 8.300% F 12,107
153 1,513,770 8/3/98 9/1/23 100 7.270% F 11,223
154 1,490,861 9/20/99 10/1/24 113 8.590% F 12,170
155 1,490,105 9/10/99 10/1/24 113 8.180% F 11,757
156 1,492,454 7/21/99 8/1/29 111 8.190% F 11,206
157 1,483,531 9/8/99 10/1/19 113 8.300% F 12,828
158 1,464,390 8/20/98 9/1/23 280 7.180% F 10,775
159 1,451,019 5/25/99 6/1/29 109 8.200% F 10,917
160 1,426,395 6/21/99 7/1/19 170 8.030% F 12,155
161 1,399,050 10/20/98 11/1/18 222 6.950% F 11,198
162 1,404,298 6/3/99 7/1/24 110 8.400% F 11,303
163 1,389,757 8/13/99 9/1/24 112 8.430% F 11,207
164 1,343,959 8/30/99 9/1/29 112 8.290% F 10,180
165 1,336,762 7/15/99 8/1/29 111 7.950% F 9,808
166 1,292,886 9/21/99 10/1/24 113 8.240% F 10,241
167 1,292,829 9/27/99 10/1/24 113 8.200% F 10,206
168 1,228,707 10/8/98 11/1/23 102 7.270% F 9,087
169 1,223,538 10/22/99 11/1/29 114 9.010% F 9,882
170 1,193,256 8/2/99 9/1/24 112 8.460% F 9,646
171 1,193,863 8/18/99 9/1/29 172 7.750% F 8,597
172 1,184,834 10/13/99 11/1/29 114 8.770% F 9,361
173 1,174,459 9/10/98 10/1/23 281 7.470% F 8,844
174 1,168,442 10/1/99 11/1/24 114 8.400% F 9,372
175 1,089,903 5/28/99 6/1/24 109 8.280% F 8,695
176 1,074,065 8/19/98 9/1/23 100 7.220% F 7,930
177 1,061,619 5/17/99 6/1/09 109 8.310% F 8,069
178 1,037,387 10/8/99 11/1/29 114 8.620% F 8,085
179 1,015,077 10/28/98 11/1/28 42 7.180% F 6,971
180 1,007,238 8/2/99 9/1/29 112 8.090% F 7,489
181 995,966 9/14/99 10/1/14 173 8.660% F 10,091
182 1,003,422 10/5/99 11/1/29 114 8.100% F 7,459
183 996,996 10/18/99 11/1/29 114 8.770% F 7,881
184 995,411 8/5/99 9/1/29 112 8.190% F 7,471
185 957,683 10/14/99 11/1/29 114 8.770% F 7,566
186 897,008 10/15/99 11/1/29 114 8.370% F 6,837
187 891,739 6/2/99 6/1/24 109 8.280% F 7,114
188 878,963 8/3/98 9/1/23 100 7.270% F 6,517
189 860,901 9/17/98 10/1/23 281 7.010% F 6,225
190 846,244 8/25/99 9/1/29 112 8.340% F 6,440
191 842,446 5/12/99 6/1/24 109 9.000% F 7,133
192 826,176 7/8/99 8/1/29 111 8.520% F 6,394
193 805,800 8/11/98 9/1/23 100 6.960% F 5,810
194 782,030 8/26/99 9/1/14 172 8.250% F 7,761
</TABLE>
Page - 34
<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>
195 777,496 10/15/99 11/1/29 114 8.510% F 6,003
196 757,413 9/28/99 10/1/29 113 8.710% F 5,957
197 745,975 7/26/99 8/1/09 111 7.940% F 5,472
198 736,029 9/22/99 10/1/14 113 8.730% F 7,487
199 721,051 10/6/99 11/1/24 114 8.490% F 5,833
200 712,114 9/13/99 10/1/24 113 8.860% F 5,942
201 667,159 8/12/99 9/1/29 112 8.500% F 5,152
202 658,223 10/29/99 11/1/19 114 8.890% F 5,918
203 654,539 10/7/99 11/1/29 78 9.060% F 5,307
204 638,261 10/18/99 11/1/29 114 9.150% F 5,219
205 610,504 8/11/98 9/1/23 100 6.980% F 4,409
206 554,308 9/28/99 10/1/19 113 8.850% F 4,985
207 539,832 8/2/99 9/1/24 112 8.510% F 4,382
- --- ------------- ---------- ---------- ---- -------- ----- -----------
TOTAL 757,878,203
===========
</TABLE>
Page - 35
<PAGE>
<TABLE>
MIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Property Description
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: May, 2000
DATE PRINTED: 10-May-00
<CAPTION>
ASSET PROP YEAR PROPERTY VALUATION VALUATION
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>
001 1 Retail SARASOTA SPRINGS NY 12866 1990 N/A 540,022 N/A N/A N/A
002 1 Retail LANSING MI 48912 1950 N/A 450,597 N/A N/A N/A
003 1 Multifamily ALEXANDRIA VA 22312 1965 307 289,635 9,800,000 06/13/99 MAI APPRAISAL
003 2 Multifamily ATLANTA GA 30349 1988 216 192,072 N/A N/A N/A
003 3 Multifamily WALDORF MD 20601 1974 143 130,386 N/A N/A N/A
004 1 Office PALO ALTO CA 94302 1983 12 70,816 35,000,000 08/17/99 APPRAISAL
005 1 Multifamily OKLAHOMA CITY OK 73112 1984 498 363,073 17,500,000 07/10/99 MAI APPRAISAL
006 1 Multifamily TULSA OK 74145 1973 467 N/A N/A N/A N/A
007 1 Office MEMPHIS TN 38112 1984 2 127,333 16,500,000 03/30/99 MAI APPRAISAL
008 1 Industrial BOSTON MA 02118 1900 N/A 155,902 16,331,000 05/27/99 UNDERWRITERS
009 1 Multifamily NEW YORK NY 10019 1925 39 46,053 N/A N/A N/A
010 1 Manufactured DOVER PA 17315 1985 140 N/A 3,500,000 08/14/98 MAI APPRAISAL
010 2 Manufactured NEWBERRY PA 17370 1972 N/A N/A 2,350,000 08/14/98 MAI APPRAISAL
010 3 Manufactured YORK PA 17402 1985 N/A N/A 4,625,000 08/14/98 MAI APPRAISAL
010 4 Manufactured HELLAM TOWNSHIP PA N/A 1980 N/A N/A 4,700,000 08/14/98 MAI APPRAISAL
011 1 Multifamily LAUDERHILL FL 33313 1988 405 387,673 N/A N/A N/A
012 1 Retail JENSEN BEACH FL 34994 1998 5 99,805 N/A N/A N/A
013 1 Multifamily EL PASO TX 79925 1985 352 N/A 13,200,000 08/04/98 MAI APPRAISAL
014 1 Lodging WEST LOS ANGELES CA 90048 1984 N/A N/A 18,600,000 06/02/99 MAI APPRAISAL
015 1 Multifamily KINGWOOD TX 77339 1977 260 N/A 12,454,000 05/19/99 UNDERWRITERS
016 1 Multifamily NORTH LITTLE AR 72116 1967 109 119,973 5,670,000 07/13/99 UNDERWRITERS
017 1 Retail NORTH LITTLE AR 72116 1984 N/A 39,900 2,450,000 07/08/99 UNDERWRITERS
018 1 Retail NORTH LITTLE AR 72116 1986 N/A 30,400 1,640,000 06/12/99 UNDERWRITERS
019 1 Retail SHERWOOD AR 72120 1986 N/A 23,450 1,232,000 06/12/99 UNDERWRITERS
020 1 Retail NORTH LITTLE AR 72114 1987 N/A 12,000 1,000,000 06/16/99 UNDERWRITERS
020 2 Retail NORTH LITTLE AR 72114 1987 N/A N/A N/A N/A N/A
021 1 Retail MANCHESTER/HOOKS NH 03104 1983 N/A 115,187 9,386,000 09/17/99 UNDERWRITERS
022 1 Retail WASHINGTON MI 48094 1998 N/A N/A N/A N/A N/A
023 1 Office SAN DIEGO CA 92130 1985 N/A 67,132 11,663,000 08/06/99 UNDERWRITERS
024 1 Retail BURBANK CA 91505 1946 N/A 39,967 10,250,000 04/30/99 MAI APPRAISAL
025 1 Multifamily OKLAHOMA CITY OK 73112 1985 262 N/A 9,300,000 07/10/99 MAI APPRAISAL
026 1 Multifamily DALLAS TX 75220 1979 208 159,156 N/A N/A N/A
027 1 Multifamily ORLANDO FL 32812 1973 232 157,116 9,054,000 07/23/99 UNDERWRITERS
028 1 Retail SELMA CA 93662 1999 N/A 77,383 8,855,000 05/19/99 MAI APPRAISAL
029 1 Office HOLMDEL NJ 07733 1990 N/A 120,160 9,290,000 07/19/99 UNDERWRITERS
030 1 Multifamily WACO TX 76710 1978 327 218,600 9,590,000 07/27/99 MAI APPRAISAL
031 1 Multifamily VICTORIA TX 77904 1982 288 N/A 8,308,000 06/29/99 UNDERWRITERS
032 1 Multifamily REVERE MA 02151 1987 72 N/A 8,542,000 08/25/99 UNDERWRITERS
033 1 Multifamily OKLAHOMA CITY OK 73162 1983 400 N/A 8,377,000 09/07/99 UNDERWRITERS
034 1 Lodging BROOKFIELD WI 53005 1997 N/A 49,864 9,200,000 07/01/99 MAI APPRAISAL
035 1 Retail PITTSFIELD MA 01201 1970 N/A 127,402 8,667,000 04/22/99 UNDERWRITERS
036 1 Office LOUISVILLE KY 40222 1975 N/A 105,116 8,291,000 07/16/99 UNDERWRITERS
037 1 Multifamily MESA AZ 85204 1983 209 N/A 7,000,000 11/06/97 MAI APPRAISAL
038 1 Lodging EDEN PRAIRIE MN 55344 1997 103 46,335 8,600,000 07/01/99 MAI APPRAISAL
039 1 Retail OMAHA NE 68137 1990 N/A 90,420 7,000,000 05/26/99 MAI APPRAISAL
040 1 Retail SUN CITY CA 92586 1965 N/A 83,513 7,530,000 03/06/98 MAI APPRAISAL
041 1 Multifamily HAVERHILL MA 01830 1979 117 N/A 6,977,000 09/07/99 UNDERWRITERS
042 1 Office NEW BRIGHTON MN 55112 1990 N/A 68,043 7,216,000 08/18/99 UNDERWRITERS
043 1 Multifamily STATE COLLEGE PA 16803 1998 86 N/A 6,979,000 07/21/99 UNDERWRITERS
044 1 Office COLORADO SPRINGS CO 80918 1983 N/A 79,645 7,162,000 05/11/99 UNDERWRITERS
045 1 Multifamily ANDERSON IN 46011 1970 168 152,170 6,560,000 09/07/99 MAI APPRAISAL
046 1 Multifamily KILLEEN TX 76543 1974 200 152,000 N/A N/A N/A
047 1 Multifamily AZUSA CA 91702 1987 122 N/A 6,400,000 11/12/97 MAI APPRAISAL
048 1 Industrial PACOIMA CA 91331 1990 N/A 68,403 4,422,000 07/16/99 UNDERWRITERS
049 1 Industrial SYLMAR CA 91342 1982 N/A 43,850 2,218,000 06/18/99 UNDERWRITERS
050 1 Office MAITLAND FL 32751 1984 N/A 59,997 6,243,000 08/05/99 UNDERWRITERS
051 1 Office DECATUR GA 30030 1976 N/A 61,028 6,208,000 08/16/99 UNDERWRITERS
052 1 Office BOSTON MA 02111 1899 N/A 44,985 6,250,000 01/01/98 MAI APPRAISAL
053 1 Office NEWARK NJ 07105 1930 1 303,711 6,400,000 06/14/99 MAI APPRAISAL
054 1 Multifamily SPOKANE WA 99207 1997 132 112,068 6,366,000 09/21/99 UNDERWRITERS
055 1 Retail CHULA VISTA CA 91910 1998 N/A 38,966 5,616,000 04/23/99 UNDERWRITERS
056 1 Warehouse NORWOOD MA 02062 1979 N/A 73,367 5,646,000 09/17/99 UNDERWRITERS
057 1 Retail SANTA MARIA CA 93454 1999 N/A 25,788 5,630,000 04/05/99 UNDERWRITERS
058 1 Retail NORWALK CT 06851 1974 N/A 44,247 6,850,000 04/01/99 MAI APPRAISAL
059 1 Lodging THORNTON CO 80233 1984 135 N/A 8,275,000 08/01/99 MAI APPRAISAL
060 1 Multifamily CAPE CANAVERAL FL 32920 1966 216 158,160 5,300,000 03/31/98 MAI APPRAISAL
</TABLE>
Page - 36
<PAGE>
<TABLE>
<CAPTION>
ASSET PROP YEAR PROPERTY VALUATION VALUATION
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>
061 1 Multifamily DALLAS TX 75243 1969 158 131,570 5,050,000 06/04/99 MAI APPRAISAL
062 1 Office LOS ANGELES CA 91307 1981 N/A 52,658 N/A N/A N/A
063 1 Office MIAMI FL 33172 1983 18 57,244 5,200,000 09/01/99 MAI APPRAISAL
064 1 Multifamily MIDWEST CITY OK 73110 1974 287 N/A 5,523,000 09/17/99 UNDERWRITERS
065 1 Lodging SOUTH BURLINGTON VT 05403 1988 N/A 33,600 5,355,000 09/03/99 UNDERWRITERS
066 1 Office COLORADO SPRINGS CO 80903 1999 N/A 36,061 5,076,000 08/09/99 UNDERWRITERS
067 1 Multifamily ALVIN TX 77511 1977 152 116,926 4,500,000 05/12/99 MAI APPRAISAL
068 1 Office UPPER DUBLIN PA 19034 1958 N/A 41,744 4,508,000 06/18/99 UNDERWRITERS
069 1 Multifamily DESOTO TX 75115 1984 128 N/A 4,273,000 07/23/99 UNDERWRITERS
070 1 Multifamily STATE COLLEGE PA 16803 1996 59 N/A 4,910,000 09/17/99 UNDERWRITERS
071 1 Office ST HELENA CA 94574 1912 N/A 23,726 4,800,000 07/26/99 MAI APPRAISAL
072 1 Industrial MILWAUKEE MI 48604 1996 N/A 92,052 4,200,000 07/07/99 MAI APPRAISAL
073 1 Retail BOWLING GREEN OH 43402 1970 N/A 91,325 4,150,000 06/09/98 MAI APPRAISAL
074 1 Multifamily BEDFORD TX 76022 1969 136 119,046 4,450,000 04/21/99 MAI APPRAISAL
075 1 Retail OCEANSIDE CA 92054 1980 N/A 35,368 4,355,000 05/14/99 UNDERWRITERS
076 1 Office WILLIAMSPORT PA 17701 1934 N/A 90,258 4,500,000 06/01/99 APPRAISAL
076 2 Office WILLIAMSPORT PA 17701 1934 N/A N/A N/A N/A N/A
076 3 Office WILLIAMSPORT PA 17701 1934 N/A N/A N/A N/A N/A
076 4 Office WILLIAMSPORT PA 17701 1934 N/A N/A N/A N/A N/A
076 5 Office WILLIAMSPORT PA 17701 1934 N/A N/A N/A N/A N/A
077 1 Retail WATERFORD CT 06385 1986 N/A 20,531 4,200,000 06/22/99 MAI APPRAISAL
078 1 Office CERRITOS CA 90701 1972 34 78,614 4,430,000 04/08/99 MAI APPRAISAL
079 1 Office AURORA CO 80011 1980 N/A 81,308 4,463,000 06/29/99 UNDERWRITERS
080 1 Office HACKETTSTOWN NJ 07840 1988 N/A 65,671 4,033,000 06/08/99 UNDERWRITERS
081 1 Office FT LAUDERDALE FL 33309 1982 N/A 39,978 3,910,000 05/06/99 UNDERWRITERS
082 1 Self Storage FREEPORT NY 11520 1969 469 13,100 3,990,000 07/20/99 UNDERWRITERS
083 1 Retail ATLANTA GA 30306 1920 N/A N/A N/A N/A N/A
083 2 Retail ATLANTA GA 30306 1927 N/A N/A N/A N/A N/A
083 3 Retail ATLANTA GA 30306 1960 N/A N/A N/A N/A N/A
083 4 Retail ATLANTA GA 30306 1940 N/A N/A N/A N/A N/A
084 1 Self Storage PALM BAY FL 32909 1986 393 34,813 N/A N/A N/A
084 2 Self Storage MELBOURNE FL 32904 N/A N/A N/A N/A N/A N/A
084 3 Self Storage BRADENTON FL 34207 N/A N/A N/A N/A N/A N/A
085 1 Self Storage BRADENTON FL 34207 1986 485 35,684 1,900,000 08/26/99 MAI APPRAISAL
085 2 Self Storage MELBOURNE FL 32904 N/A N/A N/A N/A N/A N/A
085 3 Self Storage PALM BAY FL 32909 N/A N/A N/A N/A N/A N/A
086 1 Self Storage MELBOURNE FL 32904 1979 214 21,630 N/A N/A N/A
086 2 Self Storage PALM BAY FL 32909 N/A N/A N/A N/A N/A N/A
086 3 Self Storage BRADENTON FL 34207 N/A N/A N/A N/A N/A N/A
087 1 Multifamily UPPER DARBY PA 19082 1927 144 76,510 3,854,000 07/23/99 UNDERWRITERS
088 1 Manufactured MONTROSE CO 81401 1979 201 N/A 3,375,000 05/11/99 UNDERWRITERS
089 1 Multifamily SALEM OR 97306 1997 33 N/A 1,400,000 05/07/98 MAI APPRAISAL
090 1 Multifamily MCMINNVILLE OR 97128 1995 66 N/A 2,550,000 05/07/98 MAI APPRAISAL
091 1 Retail WOODBRIDGE VA 22192 1988 11 27,977 3,600,000 07/08/99 MAI APPRAISAL
092 1 Multifamily DALLAS TX 75219 1926 48 47,687 3,400,000 04/30/98 MAI APPRAISAL
093 1 Office BIG FLATS NY 14845 1968 N/A 35,000 4,000,000 07/01/99 MAI APPRAISAL
094 1 Industrial NORTHBOROUGH MA 01532 1984 N/A 61,280 3,370,000 06/04/99 UNDERWRITERS
095 1 Retail SAN LEANDRO CA 94579 1986 1 49,050 4,210,000 07/22/99 MAI APPRAISAL
096 1 Multifamily HAMPTON VA 23666 1971 180 140,400 3,171,000 05/21/99 UNDERWRITERS
097 1 Retail COLUMBIA MD 21045 1987 N/A 24,295 3,620,000 08/30/99 UNDERWRITERS
098 1 Multifamily BAYSIDE WI 53217 1973 48 55,494 3,206,000 09/24/99 UNDERWRITERS
099 1 Multifamily JACKSONVILLE FL 32210 1973 123 N/A 2,850,000 12/03/97 MAI APPRAISAL
100 1 Retail SUN CITY CA 92586 1998 N/A 14,200 3,438,000 09/02/99 UNDERWRITERS
101 1 Multifamily SAN MARCOS TX 78666 1985 125 91,223 3,232,000 04/20/99 UNDERWRITERS
102 1 Industrial PARK CITY UT 84060 1997 N/A 29,704 3,327,000 08/02/99 UNDERWRITERS
103 1 Multifamily DALLAS TX 75204 1960 170 N/A 3,775,000 09/08/98 MAI APPRAISAL
104 1 Retail FARRAGUT TN 37922 1984 N/A 54,822 3,232,000 07/20/99 UNDERWRITERS
105 1 Office HAMPTON VA 23666 1968 N/A 59,125 N/A N/A N/A
106 1 Office PEORIA AZ 85381 1990 N/A 25,801 2,925,000 07/09/99 MAI APPRAISAL
107 1 Retail SANTA MARIA CA 93458 1999 N/A 26,120 3,231,000 08/09/99 UNDERWRITERS
108 1 Multifamily HOUSTON TX 77055 1970 188 142,680 3,103,000 08/19/99 UNDERWRITERS
109 1 Lodging WEEKI WACHEE FL 34613 1993 N/A 26,733 3,100,000 09/28/99 UNDERWRITERS
110 1 Office SPRINGFIELD VA 22150 1982 N/A 40,663 3,399,000 07/21/99 UNDERWRITERS
111 1 Multifamily MERIDIAN MS 39302 1976 104 N/A 2,745,000 05/07/99 UNDERWRITERS
112 1 Multifamily ARLINGTON TX 76014 1984 100 N/A 3,094,000 08/18/99 UNDERWRITERS
113 1 Office CLEARWATER FL 33756 1983 N/A 38,305 2,945,000 08/24/99 UNDERWRITERS
114 1 Retail ATLANTA GA 30319 1998 1 10,125 2,400,000 06/04/99 MAI APPRAISAL
115 1 Retail ROSTRAVER PA 15012 1999 N/A 24,049 2,660,000 07/20/99 UNDERWRITERS
116 1 Multifamily MANCHESTER NH 03103 1980 96 N/A 2,677,000 10/13/99 UNDERWRITERS
117 1 Retail SAN DIEGO CA 92154 1980 N/A 27,600 2,950,000 09/10/99 UNDERWRITERS
118 1 Office MANASSAS VA 22110 1987 N/A 39,091 2,692,000 08/23/99 UNDERWRITERS
119 1 Retail SALINA NY 13088 1999 N/A 11,317 2,477,000 08/10/99 UNDERWRITERS
120 1 Multifamily LAWRENCE KS 66047 1982 38 47,258 2,599,000 09/02/99 UNDERWRITERS
</TABLE>
Page - 37
<PAGE>
<TABLE>
<CAPTION>
ASSET PROP YEAR PROPERTY VALUATION VALUATION
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>
121 1 Multifamily GRESHAM OR 97080 1992 72 67,022 3,770,000 08/05/99 MAI APPRAISAL
122 1 Multifamily WEST MONROE LA 71291 1973 120 98,088 2,825,000 07/08/98 MAI APPRAISAL
123 1 Multifamily MELBOURNE FL 32901 1965 120 N/A 2,607,000 08/23/99 UNDERWRITERS
124 1 Multifamily LOS ANGELES CA 90007 1989 25 N/A 2,467,000 07/26/99 UNDERWRITERS
125 1 Multifamily OKLAHOMA CITY OK 73107 1972 110 103,740 2,657,000 07/06/99 UNDERWRITERS
126 1 Warehouse COLUMBUS OH 43228 1998 N/A 72,000 2,570,000 05/03/99 UNDERWRITERS
127 1 Retail WHITE BEAR LAKE MN 55402 1974 N/A 54,165 N/A N/A N/A
128 1 Manufactured MORAVIA NY 13118 1970 N/A N/A N/A N/A N/A
128 2 Manufactured ERIN NY N/A 1970 N/A N/A N/A N/A N/A
129 1 Manufactured ERIN NY N/A 1970 149 N/A N/A N/A N/A
129 2 Manufactured ERIN NY N/A 1970 N/A N/A N/A N/A N/A
130 1 Retail TUCSON AZ 85704 1998 N/A 16,650 2,750,000 07/23/99 MAI APPRAISAL
131 1 Retail CLAY NY 13088 1998 N/A 11,347 2,425,000 07/06/99 UNDERWRITERS
132 1 Multifamily TAYLORSVILLE UT 84119 1968 57 45,827 2,370,000 05/27/99 UNDERWRITERS
133 1 Multifamily PHILADELPHIA PA 19116 1962 72 N/A 2,300,000 04/22/98 MAI APPRAISAL
134 1 Multifamily LAWRENCE KS 66044 1962 100 N/A 2,250,000 06/16/98 MAI APPRAISAL
135 1 Multifamily BATON ROUGE LA 70805 1968 183 N/A 2,368,000 07/12/99 UNDERWRITERS
136 1 Office HENDERSON NV 89014 1996 N/A 13,800 2,391,000 05/21/99 UNDERWRITERS
137 1 Office BEL AIR MD 21014 1989 N/A 38,016 2,643,000 07/01/99 UNDERWRITERS
138 1 Office LAS VEGAS NV 89118 1998 N/A 11,991 2,171,000 07/15/99 UNDERWRITERS
139 1 Multifamily COLLEGE STATION TX 77840 1982 80 N/A 2,200,000 06/12/98 MAI APPRAISAL
140 1 Retail ANDERSON IN 46016 1998 N/A 10,125 1,997,000 08/10/99 UNDERWRITERS
141 1 Office INDIANAPOLIS IN 46219 1986 10 45,200 N/A N/A N/A
142 1 Retail EAGLE-VAIL CO 81620 1975 N/A 14,350 2,530,000 07/01/99 MAI APPRAISAL
143 1 Multifamily COVINGTON GA 30015 1985 64 N/A 2,587,000 06/28/99 UNDERWRITERS
144 1 Self Storage SMITHVILLE NJ 08201 1988 438 N/A 2,192,000 08/06/99 UNDERWRITERS
145 1 Multifamily AUSTIN TX 78704 1979 62 48,450 2,114,000 09/03/99 UNDERWRITERS
146 1 Multifamily ASHFORD CT 06278 1969 52 N/A 2,117,000 08/31/99 UNDERWRITERS
147 1 Office HALF MOON BAY CA 94019 1998 N/A 8,365 2,505,000 05/21/99 UNDERWRITERS
148 1 Retail TEMPE AZ 85281 1987 N/A 22,525 2,222,000 06/01/99 UNDERWRITERS
149 1 Multifamily SAN FRANCISCO CA 94123 1920 27 11,740 N/A N/A N/A
150 1 Office ROCKVILLE CENTRE NY 11570 1949 N/A 12,290 2,044,000 08/03/99 UNDERWRITERS
151 1 Multifamily LUBBOCK TX 79424 1984 36 45,813 1,980,000 06/21/99 MAI APPRAISAL
152 1 Office JACKSONVILLE FL 32207 1975 N/A 42,564 2,176,000 07/20/99 UNDERWRITERS
153 1 Multifamily NORMAN OK 73071 1972 121 101,382 2,200,000 03/09/98 MAI APPRAISAL
154 1 Manufactured BOKEELIA FL 33922 1982 11 N/A 2,188,000 08/27/99 UNDERWRITERS
155 1 Office TACOMA WA 98402 1942 N/A 34,156 2,565,000 09/02/99 UNDERWRITERS
156 1 Industrial PACOIMA CA 91331 1987 N/A 36,516 2,110,000 06/11/99 UNDERWRITERS
157 1 Retail INDIANAPOLIS IN 46231 1976 N/A 59,124 2,445,000 07/28/99 UNDERWRITERS
158 1 Retail HAMPTON TOWNSHIP PA 15101 1981 10 54,000 2,300,000 06/03/98 MAI APPRAISAL
159 1 Retail SILVERTHORNE CO 80498 1992 N/A 10,030 1,973,000 04/14/99 UNDERWRITERS
160 1 Multifamily ANKENY IA 50021 1989 51 N/A 2,089,000 04/29/99 UNDERWRITERS
161 1 Industrial EAGLE ID 83616 1990 N/A 52,080 2,200,000 09/01/98 MAI APPRAISAL
162 1 Office NASHUA NH 03063 1982 N/A 19,563 2,102,000 05/18/99 UNDERWRITERS
163 1 Self Storage MIDLAND TX 79705 1975 386 N/A 2,000,000 06/28/99 MAI APPRAISAL
164 1 Multifamily STOCKTON CA 95207 1984 28 46,110 N/A N/A N/A
165 1 Multifamily BOCA RATON FL 33428 1986 36 N/A 1,732,000 06/10/99 UNDERWRITERS
166 1 Multifamily PHOENIX AZ 85015 1972 76 64,676 1,782,000 07/23/99 UNDERWRITERS
167 1 Multifamily MONROE LA 71203 1974 81 70,005 1,700,000 08/21/99 MAI APPRAISAL
168 1 Multifamily LAWRENCE KS 66046 1961 64 46,900 1,575,000 08/04/98 MAI APPRAISAL
169 1 Office HOUSTON TX 77057 1975 19 37,050 N/A N/A N/A
170 1 Self Storage SACRAMENTO CA 95820 1976 396 N/A 1,700,000 07/30/99 UNDERWRITERS
171 1 Multifamily LENEXA KS 66219 1998 12 20,760 1,568,000 07/08/99 UNDERWRITERS
172 1 Retail HIGHLANDS RANCH CO 80126 1998 2 11,042 N/A N/A N/A
173 1 Retail NEW YORK NY 10003 1890 N/A 2,912 1,747,000 10/05/99 UNDERWRITERS
174 1 Self Storage ANGLETON TX 77516 1995 417 N/A 1,675,000 09/15/99 UNDERWRITERS
175 1 Office SUNLAND PARK NM 88008 1999 N/A 13,200 1,516,000 05/20/99 UNDERWRITERS
176 1 Multifamily DALLAS TX 75219 1964 64 N/A 1,515,000 05/27/98 MAI APPRAISAL
177 1 Office SOUTHLAKE TX 76092 1998 N/A 9,986 1,433,000 05/13/99 UNDERWRITERS
178 1 Multifamily AUSTIN TX 78704 1974 32 26,417 N/A N/A N/A
179 1 Industrial SANTA FE SP CA 90670 1988 N/A 24,823 1,450,000 08/28/98 MAI APPRAISAL
180 1 Office SCOTTSDALE AZ 85260 1985 N/A 16,757 1,438,000 07/28/99 UNDERWRITERS
181 1 Retail LOS ANGELES CA 90036 1946 9 13,764 N/A N/A N/A
182 1 Multifamily AUSTIN TX 78705 1984 16 14,000 1,470,000 09/02/99 MAI APPRAISAL
183 1 Multifamily LAWRENCE KS 66044 1984 40 34,040 N/A N/A N/A
184 1 Multifamily PHOENIX AZ 85008 1985 32 25,344 1,451,000 08/04/99 UNDERWRITERS
185 1 Multifamily COLUMBUS OH 43224 1948 68 33,184 1,200,000 08/26/99 MAI APPRAISAL
186 1 Manufactured FRESNO CA 93722 1963 112 N/A 1,600,000 08/16/99 MAI APPRAISAL
187 1 Office SUNLAND PARK NM 88008 1999 N/A 10,815 1,236,000 05/20/99 UNDERWRITERS
188 1 Multifamily NORMAN OK 73071 1981 96 50,400 1,322,000 09/20/99 UNDERWRITERS
189 1 Multifamily BRISTOL CT 06010 1965 48 37,380 1,100,000 07/17/98 MAI APPRAISAL
190 1 Multifamily NEW LONDON CT 06320 1920 31 23,600 N/A N/A N/A
191 1 Office RIVERDALE CA 93656 1997 2 9,400 N/A N/A N/A
</TABLE>
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<PAGE>
<TABLE>
<CAPTION>
ASSET PROP YEAR PROPERTY VALUATION VALUATION
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>
192 1 Office SOUTHLAKE TX 76092 1998 N/A 10,623 1,125,000 05/12/99 UNDERWRITERS
193 1 Multifamily BATON ROUGE LA 70814 1970 60 N/A 1,210,000 09/02/99 UNDERWRITERS
194 1 Self Storage EL PASO TX 79912 1993 359 50,560 1,280,000 07/23/99 UNDERWRITERS
195 1 Multifamily HUNTINGTON BEACH CA 92648 1973 17 15,776 1,550,000 08/20/99 MAI APPRAISAL
196 1 Office NORCROSS GA 30071 1981 12 15,106 N/A N/A N/A
197 1 Multifamily ARLINGTON TX 76011 1986 32 31,478 1,016,000 06/25/99 UNDERWRITERS
198 1 Industrial LITTLE FALLS NJ 07424 1950 1 27,056 1,400,000 08/17/99 MAI APPRAISAL
199 1 Self Storage SPRING TX 77379 1994 187 N/A 1,001,000 10/05/99 UNDERWRITERS
200 1 Office ALLENTOWN PA 18103 1969 1 N/A N/A N/A N/A
201 1 Multifamily CARO MI 48723 1972 34 23,280 N/A N/A N/A
202 1 Multifamily HUDSON NH 03051 1968 24 15,387 N/A N/A N/A
203 1 Multifamily AUSTIN TX 78752 1969 30 18,704 N/A N/A N/A
204 1 Office QUEENS VILLAGE NY 12801 1931 6 8,075 N/A N/A N/A
205 1 Multifamily WEST NONROE LA 71291 1971 40 N/A 835,000 07/08/98 MAI APPRAISAL
206 1 Self Storage HOUSTON TX 77055 1971 151 39,240 N/A N/A N/A
206 2 Self Storage HOUSTON TX 77055 1971 152 23,700 N/A N/A N/A
207 1 Self Storage RED BLUFF CA 96080 1975 214 N/A 716,000 07/30/99 UNDERWRITERS
</TABLE>
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<PAGE>
<TABLE>
MIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Property Performance
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: May, 2000
DATE PRINTED: 10-May-00
<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>
001 1 5,053,071 12/31/99 BORROWER N/A N/A N/A N/A 82.6% 2/28/00
002 1 2,884,958 12/31/99 BORROWER N/A N/A N/A N/A 97.0% 3/15/00
003 1 1,525,660 3/1/99 BORROWER 889,425 7/1/99 12/31/99 BORROWER 96.4% 12/31/99
003 2 971,498 3/1/99 BORROWER 507,176 7/1/99 12/31/99 BORROWER 91.7% 12/31/99
003 3 753,811 3/1/99 BORROWER 389,992 7/1/99 12/31/99 BORROWER 92.4% 12/31/99
004 1 1,778,892 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 2/29/00
005 1 1,727,545 N/A UNDERWRITER 798,173 7/22/99 12/31/99 BORROWER 96.5% 12/22/99
006 1 1,375,969 12/31/99 BORROWER N/A N/A N/A N/A 90.8% 2/25/00
007 1 1,720,275 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/31/99
008 1 1,291,010 12/31/99 BORROWER CONTACT N/A N/A N/A N/A 98.8% 9/30/99
009 1 510,345 12/31/99 BORROWER N/A N/A N/A N/A 82.0% 12/31/99
010 1 331,338 12/31/99 BORROWER N/A N/A N/A N/A 95.0% 2/16/00
010 2 196,130 12/31/99 BORROWER N/A N/A N/A N/A 86.4% 2/16/00
010 3 484,467 12/31/99 BORROWER N/A N/A N/A N/A 99.4% 2/16/00
010 4 436,767 12/31/99 BORROWER N/A N/A N/A N/A 96.5% 2/16/00
011 1 N/A N/A N/A 46,351 10/1/99 12/31/99 BORROWER 94.0% 7/25/99
012 1 1,004,499 12/31/99 BORROWER N/A N/A N/A N/A 91.2% 2/4/00
013 1 1,397,364 12/31/99 BORROWER N/A N/A N/A N/A 95.0% 12/22/99
014 1 2,061,671 12/31/99 BORROWER N/A N/A N/A N/A 86.0% 7/31/99
015 1 975,207 N/A UNDERWRITER 679,158 5/19/99 12/31/99 BORROWER 91.9% 12/31/99
016 1 530,850 12/31/99 BORROWER N/A N/A N/A N/A 97.0% 2/3/00
017 1 305,221 12/31/99 BORROWER N/A N/A N/A N/A 95.0% 2/28/00
018 1 205,835 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 2/28/00
019 1 142,244 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 2/28/00
020 1 118,734 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 2/28/00
020 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
021 1 1,000,213 12/31/99 BORROWER N/A N/A N/A N/A 97.9% 12/31/99
022 1 N/A N/A N/A 229,526 10/1/99 12/31/99 BORROWER 99.0% 1/31/00
023 1 968,485 N/A UNDERWRITER 886,941 1/1/99 10/31/99 BORROWER 100.0% 10/25/99
024 1 N/A N/A N/A 367,645 9/1/99 12/31/99 BORROWER 100.0% 1/1/00
025 1 924,217 N/A UNDERWRITER 418,738 7/22/99 12/31/99 BORROWER 96.6% 12/22/99
026 1 N/A N/A N/A 140,183 11/1/99 12/31/99 BORROWER 79.8% 12/31/99
027 1 822,355 N/A UNDERWRITER N/A N/A N/A N/A 97.4% 7/19/99
028 1 N/A N/A N/A 186,056 10/1/99 12/31/99 BORROWER 96.0% 1/6/00
029 1 529,909 N/A UNDERWRITER 452,588 7/1/99 12/31/99 BORROWER 92.4% 1/31/00
030 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
031 1 738,288 N/A UNDERWRITER 410,479 7/1/99 12/31/99 BORROWER 92.7% 12/31/99
032 1 744,058 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 8/10/99
033 1 732,472 12/31/99 BORROWER N/A N/A N/A N/A 90.5% 12/22/99
034 1 1,029,802 12/31/99 BORROWER N/A N/A N/A N/A 76.8% 7/1/99
035 1 643,813 12/31/99 BORROWER N/A N/A N/A N/A 87.1% 2/18/00
036 1 690,437 N/A UNDERWRITER N/A N/A N/A N/A 95.1% 8/10/99
037 1 749,339 12/31/99 BORROWER 631,351 7/1/99 6/30/99 UNDERWRITER 93.0% 12/22/99
038 1 1,010,316 12/31/99 BORROWER N/A N/A N/A N/A 82.5% 12/31/99
039 1 664,553 12/31/99 BORROWER N/A N/A N/A N/A 98.6% 2/29/00
040 1 900,194 12/31/98 BORROWER 680,803 1/1/99 9/30/99 BORROWER 93.6% 11/1/99
041 1 843,267 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 1/25/00
042 1 639,702 N/A UNDERWRITER 336,842 1/1/99 5/31/99 UNDERWRITER 100.0% 10/29/99
043 1 656,850 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/31/99
044 1 449,734 12/31/99 BORROWER 107,327 5/12/99 6/30/99 BORROWER 100.0% 12/31/99
045 1 511,280 12/31/99 BORROWER N/A N/A N/A N/A 97.0% 3/31/00
</TABLE>
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<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>
046 1 561,458 12/31/98 BORROWER 116,631 11/1/99 12/31/99 BORROWER 80.0% 12/31/99
047 1 653,515 N/A UNDERWRITER N/A N/A N/A N/A 99.0% 6/25/99
048 1 384,357 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 9/7/99
049 1 214,711 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 8/2/99
050 1 609,885 N/A UNDERWRITER 258,913 1/1/99 6/30/99 BORROWER 100.0% 2/1/00
051 1 672,989 N/A UNDERWRITER 233,520 10/1/99 12/31/99 BORROWER 98.0% 12/1/99
052 1 709,474 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/31/99
053 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 1/4/00
054 1 471,653 12/31/99 BORROWER N/A N/A N/A N/A 98.5% 12/31/99
055 1 417,054 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/1/99
056 1 580,438 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/31/99
057 1 448,056 12/31/99 BORROWER 131,735 5/1/99 7/31/99 BORROWER 100.0% 1/1/00
058 1 450,860 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 1/31/00
059 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
060 1 519,008 12/31/99 BORROWER N/A N/A N/A N/A 89.4% 12/31/99
061 1 N/A N/A N/A 434,843 6/30/99 12/31/99 BORROWER 97.0% 12/31/99
062 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
063 1 N/A N/A N/A 126,324 10/1/99 12/31/99 BORROWER 84.0% 12/31/99
064 1 689,017 12/31/99 BORROWER N/A N/A N/A N/A 98.0% 12/31/99
065 1 737,171 12/31/99 BORROWER N/A N/A N/A N/A 78.5% 12/31/99
066 1 438,401 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 7/19/99
067 1 396,359 N/A UNDERWRITER 280,082 7/1/99 12/31/99 BORROWER 96.7% 12/31/99
068 1 444,017 N/A UNDERWRITER 279,860 1/1/99 9/30/99 BORROWER 100.0% 9/22/99
069 1 389,297 12/31/99 BORROWER N/A N/A N/A N/A 99.2% 12/31/99
070 1 562,679 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 9/30/99
071 1 475,603 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 9/1/99
072 1 418,468 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 3/7/00
073 1 317,357 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 9/3/99
074 1 405,242 12/25/99 BORROWER 264,025 1/1/99 7/25/99 BORROWER 81.0% 12/25/99
075 1 452,866 N/A UNDERWRITER 230,248 7/1/99 12/31/99 BORROWER 92.8% 1/1/00
076 1 N/A N/A N/A 164,273 9/1/99 12/31/99 BORROWER 100.0% 12/31/99
076 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
076 3 N/A N/A N/A N/A N/A N/A N/A N/A N/A
076 4 N/A N/A N/A N/A N/A N/A N/A N/A N/A
076 5 N/A N/A N/A N/A N/A N/A N/A N/A N/A
077 1 301,491 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 2/18/00
078 1 450,930 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 1/1/00
079 1 462,216 N/A UNDERWRITER 299,689 1/1/99 9/30/99 BORROWER 83.4% 10/1/99
080 1 472,590 N/A UNDERWRITER 357,000 1/1/99 9/30/99 BORROWER 100.0% 9/30/99
081 1 235,916 N/A UNDERWRITER 253,634 5/1/99 12/31/99 BORROWER 100.0% 4/15/99
082 1 435,014 N/A UNDERWRITER N/A N/A N/A N/A 94.0% 6/9/99
083 1 N/A N/A N/A 80,307 10/1/99 12/31/99 BORROWER 97.0% 12/31/99
083 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
083 3 N/A N/A N/A N/A N/A N/A N/A N/A N/A
083 4 N/A N/A N/A N/A N/A N/A N/A N/A N/A
084 1 181,679 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 2/7/00
084 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
084 3 N/A N/A N/A N/A N/A N/A N/A N/A N/A
085 1 141,770 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 2/7/00
085 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
085 3 N/A N/A N/A N/A N/A N/A N/A N/A N/A
086 1 76,756 12/31/99 BORROWER N/A N/A N/A N/A 96.0% 2/7/00
086 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
086 3 N/A N/A N/A N/A N/A N/A N/A N/A N/A
087 1 381,876 N/A UNDERWRITER 108,489 10/1/99 12/31/99 BORROWER 96.5% 12/31/99
088 1 348,898 12/31/99 BORROWER N/A N/A N/A N/A 99.0% 12/31/99
</TABLE>
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<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>
089 1 119,763 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/22/99
090 1 232,089 12/31/99 BORROWER N/A N/A N/A N/A 92.4% 12/22/99
091 1 N/A N/A N/A 115,737 10/1/99 12/31/99 BORROWER 100.0% 12/31/99
092 1 272,169 12/31/99 ASSET MANAGEMENT N/A N/A N/A N/A 99.0% 2/2/00
093 1 313,204 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 8/12/99
094 1 414,992 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/31/99
095 1 N/A N/A N/A 216,198 4/1/99 12/31/99 BORROWER 100.0% 2/20/00
096 1 301,186 12/31/99 BORROWER N/A N/A N/A N/A 79.0% 1/27/00
097 1 345,144 12/31/99 BORROWER N/A N/A N/A N/A 88.9% 2/1/00
098 1 258,326 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 1/31/00
099 1 275,533 12/31/99 BORROWER N/A N/A N/A N/A 93.4% 1/1/00
100 1 294,327 N/A UNDERWRITER 146,066 4/1/99 12/31/99 BORROWER 89.0% 3/7/00
101 1 298,869 12/31/99 BORROWER N/A N/A N/A N/A 96.0% 3/1/00
102 1 254,043 12/31/99 BORROWER N/A N/A N/A N/A 97.0% 2/29/00
103 1 299,029 N/A UNDERWRITER 94,620 1/1/99 6/30/99 UNDERWRITER 98.0% 9/1/99
104 1 300,109 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 1/1/00
105 1 N/A N/A N/A 11,540 12/1/99 12/31/99 BORROWER N/A N/A
106 1 89,712 N/A UNDERWRITER 141,109 8/1/99 12/31/99 BORROWER 94.0% 3/14/00
107 1 277,217 N/A UNDERWRITER 164,823 7/1/99 12/31/99 BORROWER 100.0% 12/31/99
108 1 354,542 N/A UNDERWRITER 219,187 6/1/99 12/31/99 BORROWER 99.6% 1/31/00
109 1 644,132 N/A UNDERWRITER N/A N/A N/A N/A 78.0% 6/8/99
110 1 481,627 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 3/1/00
111 1 177,338 12/31/99 BORROWER N/A N/A N/A N/A 84.0% 12/31/99
112 1 339,922 12/31/99 BORROWER N/A N/A N/A N/A 96.0% 12/20/99
113 1 154,618 N/A UNDERWRITER 201,133 1/1/99 9/30/99 BORROWER 85.6% 9/30/99
114 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
115 1 237,701 N/A UNDERWRITER 182,709 4/1/99 12/31/99 BORROWER 100.0% 2/16/00
116 1 265,258 12/31/99 BORROWER N/A N/A N/A N/A 96.0% 12/1/99
117 1 238,496 N/A UNDERWRITER 230,636 1/1/99 9/30/99 BORROWER 91.3% 9/30/99
118 1 281,798 N/A UNDERWRITER 99,782 12/1/98 4/30/99 UNDERWRITER 100.0% 8/6/99
119 1 205,285 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 6/1/99
120 1 227,077 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 3/23/00
121 1 260,597 N/A UNDERWRITER 135,165 1/1/99 6/30/99 UNDERWRITER 94.0% 9/7/99
122 1 178,514 12/31/99 BORROWER N/A N/A N/A N/A 81.6% 12/31/99
123 1 278,293 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 1/1/00
124 1 214,981 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 1/31/00
125 1 224,404 12/31/99 BORROWER N/A N/A N/A N/A 98.0% 12/31/99
126 1 238,539 N/A UNDERWRITER 121,728 6/1/99 9/30/99 BORROWER 100.0% 9/30/99
127 1 223,870 12/31/98 BORROWER N/A N/A N/A N/A N/A N/A
128 1 96,870 12/31/99 BORROWER N/A N/A N/A N/A 89.7% 3/28/00
128 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
129 1 59,643 12/31/99 BORROWER N/A N/A N/A N/A 97.3% 3/28/00
129 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
130 1 N/A N/A N/A 66,894 7/1/99 12/31/99 BORROWER 100.0% 12/31/99
131 1 201,732 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 8/25/99
132 1 181,687 12/31/99 BORROWER N/A N/A N/A N/A 93.0% 12/31/99
133 1 228,990 N/A UNDERWRITER 181,156 1/1/99 9/30/99 BORROWER 94.0% 6/30/99
134 1 261,563 12/31/99 BORROWER N/A N/A N/A N/A 93.0% 12/31/99
135 1 330,285 N/A UNDERWRITER N/A N/A N/A N/A 99.0% 6/22/99
136 1 204,359 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/31/99
137 1 290,197 12/31/99 BORROWER N/A N/A N/A N/A 86.4% 1/1/00
138 1 219,455 N/A UNDERWRITER 208,376 1/1/99 9/30/99 BORROWER 100.0% 11/9/99
139 1 252,036 N/A UNDERWRITER 202,183 1/1/99 10/31/99 BORROWER 98.8% 11/18/99
140 1 176,743 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 9/24/99
141 1 210,980 12/31/99 ASSET MANAGEMENT N/A N/A N/A N/A 100.0% 12/31/99
142 1 210,356 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 1/1/00
</TABLE>
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<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>
143 1 260,455 N/A UNDERWRITER N/A N/A N/A N/A 95.0% 7/26/99
144 1 211,296 12/31/99 BORROWER N/A N/A N/A N/A 78.8% 12/31/99
145 1 237,234 N/A UNDERWRITER N/A N/A N/A N/A 98.4% 12/31/99
146 1 97,018 12/31/99 BORROWER N/A N/A N/A N/A 94.0% 12/31/99
147 1 195,846 N/A UNDERWRITER 86,264 7/1/99 12/31/99 BORROWER 100.0% 6/29/99
148 1 252,568 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/31/99
149 1 253,811 12/31/99 BORROWER N/A N/A N/A N/A N/A N/A
150 1 176,124 N/A UNDERWRITER N/A N/A N/A N/A 97.0% 9/9/99
151 1 204,610 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/23/99
152 1 243,349 12/31/99 BORROWER N/A N/A N/A N/A 93.9% 3/31/00
153 1 264,698 12/31/99 BORROWER N/A N/A N/A N/A 94.2% 12/31/99
154 1 82,181 12/31/99 BORROWER N/A N/A N/A N/A 85.0% 12/31/99
155 1 267,366 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/31/99
156 1 216,625 N/A UNDERWRITER 99,174 8/1/99 12/31/99 BORROWER 100.0% 9/30/99
157 1 128,220 N/A UNDERWRITER 121,417 1/1/99 9/30/99 BORROWER 97.7% 9/30/99
158 1 220,680 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 3/15/00
159 1 125,194 N/A UNDERWRITER 123,828 4/1/99 12/31/99 BORROWER 100.0% 12/31/99
160 1 210,280 12/31/99 BORROWER N/A N/A N/A N/A 84.3% 9/30/99
161 1 234,654 12/31/99 BORROWER 57,879 1/1/00 3/31/00 BORROWER 100.0% 3/31/00
162 1 119,651 12/31/99 BORROWER N/A N/A N/A N/A 85.2% 12/31/99
163 1 209,941 N/A UNDERWRITER 33,211 8/17/99 12/31/99 BORROWER 82.9% 12/31/99
164 1 233,670 12/31/99 BORROWER N/A N/A N/A N/A N/A N/A
165 1 168,267 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 2/1/00
166 1 149,724 12/31/99 BORROWER N/A N/A N/A N/A 93.4% 12/31/99
167 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
168 1 148,831 12/31/99 BORROWER N/A N/A N/A N/A 99.0% 3/31/00
169 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
170 1 246,422 N/A UNDERWRITER 31,568 8/1/99 9/30/99 BORROWER 97.2% 9/30/99
171 1 135,498 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 8/17/99
172 1 N/A N/A N/A 117,124 1/1/99 10/30/99 BORROWER N/A N/A
173 1 202,830 12/31/98 BORROWER 63,206 1/1/99 6/30/99 BORROWER 100.0% 7/31/99
174 1 150,715 N/A UNDERWRITER 115,949 1/1/99 7/31/99 UNDERWRITER 99.0% 9/22/99
175 1 154,205 N/A UNDERWRITER 115,129 4/1/99 12/31/99 BORROWER 100.0% 12/31/99
176 1 157,840 12/31/99 BORROWER N/A N/A N/A N/A 96.9% 12/20/99
177 1 132,008 12/31/99 BORROWER 29,708 4/1/99 6/30/99 BORROWER 100.0% 12/31/99
178 1 193,625 12/31/99 BORROWER N/A N/A N/A N/A 91.0% 11/30/99
179 1 136,667 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 1/31/00
180 1 123,988 N/A UNDERWRITER 65,073 8/1/99 12/31/99 BORROWER 100.0% 12/31/99
181 1 291,308 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 4/5/00
182 1 114,912 12/31/99 BORROWER N/A N/A N/A N/A N/A N/A
183 1 109,865 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/27/99
184 1 142,911 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/31/99
185 1 105,688 12/31/98 BORROWER 96,464 1/1/99 6/30/99 BORROWER N/A N/A
186 1 150,650 12/31/99 BORROWER N/A N/A N/A N/A 97.0% 12/31/99
187 1 125,798 N/A UNDERWRITER 93,821 4/1/99 12/31/99 BORROWER 100.0% 12/31/99
188 1 199,145 12/31/99 BORROWER N/A N/A N/A N/A 94.8% 12/31/99
189 1 23,227 12/31/99 BORROWER N/A N/A N/A N/A 89.6% 12/31/99
190 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
191 1 N/A N/A N/A 127,082 1/1/99 10/31/99 BORROWER N/A N/A
192 1 98,158 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 3/2/00
193 1 115,912 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/31/99
194 1 144,343 11/30/99 BORROWER 43,737 1/1/99 5/31/99 UNDERWRITER 88.0% 7/12/99
195 1 88,123 12/31/99 BORROWER N/A N/A N/A N/A 94.1% 3/1/00
196 1 N/A N/A N/A 75,641 1/1/99 8/31/99 BORROWER 100.0% 12/31/99
197 1 89,883 N/A UNDERWRITER 77,860 1/1/99 9/30/99 BORROWER 97.0% 12/31/99
198 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
</TABLE>
Page - 43
<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>
199 1 114,043 N/A UNDERWRITER N/A N/A N/A N/A 79.0% 9/14/99
200 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
201 1 102,582 12/31/98 BORROWER 42,133 8/10/99 12/31/99 BORROWER N/A N/A
202 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 12/31/99
203 1 93,941 12/31/98 BORROWER 34,268 1/1/99 6/30/99 BORROWER N/A N/A
204 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
205 1 64,918 12/31/99 BORROWER N/A N/A N/A N/A 95.0% 12/31/99
206 1 31,559 12/31/98 BORROWER N/A N/A N/A N/A N/A N/A
206 2 55,777 12/31/98 BORROWER N/A N/A N/A N/A N/A N/A
207 1 73,991 N/A UNDERWRITER 14,880 8/1/99 9/30/99 BORROWER 83.2% 9/30/99
</TABLE>
Page - 44
<PAGE>
MIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Asset Comments
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: May, 2000
DATE PRINTED: 10-May-00
LOAN 001 - 1: Latest Annual Statement Comment: 12/31/99 -
BORROWER DID NOT REPORT INSURANCE EXPENSE. VARIANCES DUE TO CHANGE IN
CLASSIFICATION PER BORROWER.
LOAN 002 - 1: Latest Annual Statement Comment: 12/31/99 -
PROPERTY TAXES AND INSURANCE PER LOAN SERVICING. R&M HIGH DUE TO REDEVELOPMENT
WORK BEING DONE. LEASING COMMISSIONS INCLUDE BROKERAGE COMMISSIONS.
LOAN 003 - 3: Latest Annual Statement Comment: 3/1/99 -
DEBT SERVICE PRORATED (23.4%) BASED ON UNDERWRITTEN NOI. Partial Year
Statement Comment: 12/31/99 - DEBT SERVICE PRORATED (23.4%) BASED ON
UNDERWRITTEN NOI. INSURANCE PER BORROWER.
LOAN 003 - 2: Latest Annual Statement Comment: 3/1/99 -
DEBT SERVICE PRORATED (29.6%) BASED ON UNDERWRITTEN NOI. Partial Year
Statement Comment: 12/31/99 - DEBT SERVICE PRORATED (29.6%) BASED ON
UNDERWRITTEN NOI. INSURANCE PER BORROWER.
LOAN 003 - 1: Latest Annual Statement Comment: 3/1/99 -
DEBT SERVICE PRORATED (47%) BASED ON UNDERWRITTEN NOI. Partial Year Statement
Comment: 12/31/99 - DEBT SERVICE PRORATED (47%) BASED ON UNDERWRITTEN NOI.
LOAN 004 - 1: Latest Annual Statement Comment: 12/31/99 -
LOW DSCR DUE TO HIGH TENANT TURNOVER IN 1999.
LOAN 005 - 1: Partial Year Statement Comment: 12/31/99 -
BORROWER ONLY REPORTED 5 MONTHS AS LOAN ORIGINATED 8/18/1999.
LOAN 006 - 1:
LOAN 007 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASED DSCR REFLECTS LEASING OF SPACE BY MAJOR TENANT.
LOAN 008 - 1: Latest Annual Statement Comment: 12/31/99 -
1998 FIGURES ARE FROM UNDERWRITTING. DATA IN LINE WITH BASELINE.
LOAN 009 - 1: Latest Annual Statement Comment: 12/31/99 -
DECREASE DSCR REFLECTS LOW OCCUPANCY IN 1999. PROPERTY WAS UNDER RENOVATION
THROUGHOUT 1998. PROPERTY HAS PROSPECTIVE TENANTS WHICH WILL RESULT IN 100%
OCCUPANCY FOR YEAR 2000.
LOAN 010 - 3: Latest Annual Statement Comment: 12/31/99 -
INSURANCE PER BORROWER. DEBT SERVICE WAS PRORATED BASED ON UNDERWRITING NOI.
LOAN 010 - 2: Latest Annual Statement Comment: 12/31/99 -
INSURANCE PER BORROWER. DEBT SERVICE WAS PRORATED BASED ON UNDERWRITING NOI.
VARIANCES DUE TO CHANGES IN CATEGORIZATION.
LOAN 010 - 1: Latest Annual Statement Comment: 12/31/99 -
DEBT SERVICE WAS PRORATED BASED ON UNDERWRITING NOI.
LOAN 010 - 4: Latest Annual Statement Comment: 12/31/99 -
INSURANCE PER BORROWER. DEBT SERVICE WAS PRORATED BASED ON UNDERWRITING NOI.
LOAN 011 - 1:
LOAN 012 - 1: Latest Annual Statement Comment: 12/31/99 -
NO HISTORICAL DATA FOR FURTHER ANALYSIS.
LOAN 013 - 1:
LOAN 014 - 1: Latest Annual Statement Comment: 12/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM.
LOAN 015 - 1: Partial Year Statement Comment: 12/31/99 -
LOAN ORIGINATED 5/19/99.
Page - 45
<PAGE>
LOAN 016 - 1: Latest Annual Statement Comment: 12/31/99 -
NORMALIZED PROPERTY TAXES & INSURANCE PER LOAN SERVICING SYSTEM. VARIATIONS IN
OTHER INCOME, REPAIRS & MAINTENANCE, & GENERAL & ADMINISTRATIVE EXPENSES IS DUE
TO THE DIFFERENCE IN CATEGORIZATION FROM 1998 TO 1999.
LOAN 017 - 1:
LOAN 018 - 1:
LOAN 019 - 1: Latest Annual Statement Comment: 12/31/99 -
DSCR INCREASE REFLECTS AN INCREASE IN OCCUPANCY.
LOAN 020 - 1:
LOAN 020 - 2:
LOAN 021 - 1: Latest Annual Statement Comment: 12/31/99 -
INSURANCE PER BORROWER.PERCENTAGE RENT VARIANCE DUE TO PAYMENT OF 97 PERCENTAGE
RENTS IN 98, ALSO PAYMENT OF 99 WAS NOT MADE UNTIL 1/00. PROFESSIONAL FEE
INCURRED WAS ASSOCIATED TO 2 NEW TENANTS. HIGH UTILITIES DUE TO A 98 $16K BILL,
POSTED IN 99.
LOAN 022 - 1:
LOAN 023 - 1: Partial Year Statement Comment: 10/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 024 - 1:
LOAN 025 - 1: Partial Year Statement Comment: 12/31/99 -
LOAN ORIGINATED 8/18/1999.
LOAN 026 - 1:
LOAN 027 - 1:
LOAN 028 - 1:
LOAN 029 - 1: Partial Year Statement Comment: 12/31/99 -
LOAN WAS ORIGINATED IN 7/19/99, DSCR IS INLINE WITH BASE LINE.
LOAN 030 - 1:
LOAN 031 - 1:
LOAN 032 - 1:
LOAN 033 - 1: Latest Annual Statement Comment: 12/31/99 -
DECREASE IN OTHER INCOME DUE TO DECREASE IN LATE CHARGES AND LAUNDRY INCOME.
LOAN 034 - 1: Latest Annual Statement Comment: 12/31/99 -
PROPERTY TAX AND INSURANCE PER LOAN SERVICING.
LOAN 035 - 1:
LOAN 036 - 1:
LOAN 037 - 1:
LOAN 038 - 1: Latest Annual Statement Comment: 12/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM. 98 YTD
REFLECTS ONLY PARTIAL YEAR COMPARISON. OCCUPANCY IS STEADILY INCREASING AND THE
EXPENSES ARE FOLLOWING THE SAME TREND.
LOAN 039 - 1: Latest Annual Statement Comment: 12/31/99 -
INSURANCE EXPENSE PER BORROWER. HIGH VARIANCES DUE TO RECLASSIFICATION OF
SEVERAL EXPENSES. DSCR REMAINS CONSISTENT WITH 1998 FIGURE.CAPITAL IMPROVEMENTS
CONSIST OF THE RE-PAVING / RE-STRIPING OF THE PARKING LOT.
LOAN 040 - 1: Latest Annual Statement Comment: 12/31/98 -
NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING. Partial Year Statement
Comment: 9/30/99 - NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 041 - 1:
LOAN 042 - 1:
Page - 46
<PAGE>
LOAN 043 - 1:
LOAN 044 - 1: Latest Annual Statement Comment: 12/31/99 -
HIGH VARIANCES DUE TO THE RE-CATEGORIZATION OF EXPENSES. DSCR UP SLIGHTLY DUE TO
THE 4% INCREASE IN TOTAL REVENUE COMBINED WITH DECREASED OPERATING EXPENSES,
SPECIFICALLY UTILITY AND R & M EXPENSES.
LOAN 045 - 1:
LOAN 046 - 1: Latest Annual Statement Comment: 12/31/98 -
PROPERTY TAXES AND INSURANCE NORMALIZED PER LOAN SERVICING SYSTEM. Partial
Year Statement Comment: 12/31/99 - NORMALIZED PROPERTY TAX AND INSURANCE PER
LOAN SERVICING SYSTEM. BORROWER REPORTED 2 MONTHS.
LOAN 047 - 1:
LOAN 048 - 1:
LOAN 049 - 1:
LOAN 050 - 1: Partial Year Statement Comment: 6/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 051 - 1: Partial Year Statement Comment: 12/31/99 -
LOAN ORIGINATED IN 9/18/99, STATEMENT ONLY RELECTS 3 MONTHS INFORMATION.
LOAN 052 - 1: Latest Annual Statement Comment: 12/31/99 -
REVENUE INCREASED DUE TO FULL TERM OCCUPANCY. UTILITIES INCREASE DUE TO CATEGORY
INCLUSION OF REFUSE COLLECTION. OTHER EXPENSES INCLUDE JANITORIAL AND SERVICE
CONTRACTS.
LOAN 053 - 1:
LOAN 054 - 1:
LOAN 055 - 1:
LOAN 056 - 1: Latest Annual Statement Comment: 12/31/99 -
CAPITAL EXPENSES INCLUDE ROOF AND HVAC IMPROVEMENTS.
LOAN 057 - 1:
LOAN 058 - 1:
LOAN 059 - 1:
LOAN 060 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASE IN BASE RENTS AND DROP IN OCCUPANCY DUE TO BORROWER INCREASING RENTS.
INCREASE IN REPAIRS AND MAINTENANCE DUE TO HURRICANE DAMAGE AND CARPORT REPAIR.
UTILITIES INCREASE DUE TO HIGHER USAGE.
LOAN 061 - 1:
LOAN 062 - 1:
LOAN 063 - 1:
LOAN 064 - 1: Latest Annual Statement Comment: 12/31/99 -
DSCR INCREASE REFLECTS INCREASE IN RENTS AND OCCUPANCY.
LOAN 065 - 1: Latest Annual Statement Comment: 12/31/99 -
BORROWER DID NOT PROVIDE A BREAKDOWN OF GENERAL & ADMIN. EXPENSES IN 1998. PART
OF PAYROLL COULD BE CLASSIFIED UNDER GENERAL & ADMIN. EXPENSES IN 1998.
LOAN 066 - 1:
LOAN 067 - 1: Partial Year Statement Comment: 12/31/99 -
LOAN ORGINATED 6/15/99.
LOAN 068 - 1:
LOAN 069 - 1: Latest Annual Statement Comment: 12/31/99 -
VARIANCE IN R&M AND UTILITIES DUE TO CATEGORIZATION.
LOAN 070 - 1: Latest Annual Statement Comment: 12/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING INFORMATION. OTHER
INCOME INCREASED DUE TO AN INCREASE IN WATER & SEWER INCOME.
Page - 47
<PAGE>
LOAN 071 - 1:
LOAN 072 - 1:
LOAN 073 - 1: Latest Annual Statement Comment: 12/31/98 -
NORMALIZED PROPERTY TAXES PER LOAN SERVICING INFORMATION. INSURANCE PER
BORROWER.1996-1998 INCOME AND EXPENSE ARE PRIOR TO THE CONSTRUCTION OF STAPLES.
THE UNDERWRITING INCLUDES STAPLES WHOSE LEASE STARTED 4/30/98.
LOAN 074 - 1:
LOAN 075 - 1: Latest Annual Statement Comment: 3/31/99 -
NORMALIZED PROEPRTY TAXES AND INSURANCE PER SERVICNG SYSTEM Partial Year
Statement Comment: 12/31/99 - NORMALIZED PROPERTY TAXES AND INSURANCE PER
SERVICING SYSTEM
LOAN 076 - 1:
LOAN 076 - 4:
LOAN 076 - 2:
LOAN 076 - 5:
LOAN 076 - 3:
LOAN 077 - 1: Latest Annual Statement Comment: 12/31/99 -
LOW BASE RENT COMPARED TO BASE LINE BECAUSE OF A VACANT UNIT NOT LEASED OUT
UNTIL MAY. MANAGEMENT FEE IS CHARGED BY PERCENTAGE OF CASH COLLECTED WITH
MINIMUM REQUIREMENT OF 5% EVEN THOUGH THE UNIT IS VACANT.
LOAN 078 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASE IN BASE RENT DUE TO INCREASE IN RENTAL RATES. DECREASE IN REPAIRS AND
MAINTENANCE DUE TO MAJOR ASPHALT AND PAINTING REPAIRS DONE IN 1998 THAT WERE NOT
DONE IN 1999.
LOAN 079 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 080 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 081 - 1: Partial Year Statement Comment: 12/31/99 -
BORROWER DID NOT REPORT PROPERT TAXES. NORMALIZED $6900 IN PROFESSIONAL FEES,
DUE TO CLOSING COSTS. LOAN ORIGINATED 5/27/99.
LOAN 082 - 1: Latest Annual Statement Comment: 4/30/99 -
SIX MONTH ANNUALIZED STATEMENT.
LOAN 083 - 4:
LOAN 083 - 1:
LOAN 083 - 3:
LOAN 083 - 2:
LOAN 084 - 1:
LOAN 084 - 3:
LOAN 084 - 2:
LOAN 085 - 1:
LOAN 085 - 2:
LOAN 085 - 3:
LOAN 086 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASED REVENUE DUE TO INCREASED RENTAL RATES. INCREASED EXPENSES DUE TO
BORROWER REPORTING PROPERTY TAXES AND INSURANCE AND $8,369.57 IN SALES TAX.
LOAN 086 - 2:
LOAN 086 - 3:
Page - 48
<PAGE>
LOAN 087 - 1: Partial Year Statement Comment: 12/31/99 -
MOST OF THE REPAIRS AND MAINTENANCE WERE FOR RENOVATIONS (ROOF, CARPET, ETC.)
AND THEREFORE CAPITALIZED.
LOAN 088 - 1: Latest Annual Statement Comment: 12/31/99 -
UNABLE TO CONTACT BORROWER TO DISCUSS INCREASE IN REVENUES.
LOAN 089 - 1: Latest Annual Statement Comment: 12/31/99 -
BORROWER DID NOT REPORT PROPERTY TAX OR INSURANCE. NORMALIZED INSURANCE PER BASE
LINE
LOAN 090 - 1: Latest Annual Statement Comment: 12/31/99 -
BORROWER DID NOT REPORT PROPERTY TAX OR INSURANCE EXPENSE. NORMALIZED INSURANCE
PER BASE LINE.
LOAN 091 - 1:
LOAN 092 - 1: Latest Annual Statement Comment: 12/31/99 -
BORROWER DID NOT REPORT PROPERTY TAXES OR INSURANCE. DECREASED DSCR DUE TO
INCREASED VACANCIES.
LOAN 093 - 1: Latest Annual Statement Comment: 12/31/99 -
THE TENANT IS PAYING A REDUCED RENT DUE TO RENOVATING THE SECOND FLOOR OF THE
BUILDING. FULL RENT WILL COMMENCE WHEN THE RENOVATIONS ARE COMPLETED.
LOAN 094 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASE IN BASE RENT DUE TO 1998 PAYMENTS BEING CREDITED IN 1999.
LOAN 095 - 1:
LOAN 096 - 1:
LOAN 097 - 1:
LOAN 098 - 1: Latest Annual Statement Comment: 12/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM. UTILITIES
INCREASED DUE TO A COLD WINTER WHICH CAUSED AN INCREASE IN GAS & HEAT EXPENSE.
LOAN 099 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASE DSCR REFLECTS AN INCREASE IN RENTS.
LOAN 100 - 1: Partial Year Statement Comment: 12/31/99 -
PROPERTY IS A BRAND NEW SHOPPING CENTER. LOAN ORGINATION 9/7/99.
LOAN 101 - 1:
LOAN 102 - 1:
LOAN 103 - 1: Partial Year Statement Comment: 6/30/99 -
LOW DSCR DUE TO THE FACT THAT MOST OF THE PROPERTY TAXES AND INSURANCE ANNUAL
EXPENSES WERE CHARGED TO THIS PERIOD
LOAN 104 - 1: Latest Annual Statement Comment: 12/31/99 -
BORROWER DID NOT REPORT PROPERTY TAX.
LOAN 105 - 1:
LOAN 106 - 1: Latest Annual Statement Comment: 12/31/98 -
HISTORICAL EXPENSES HAVE BEEN TRACKED TO A CERTAIN DEGREE WHILE INCOME FROM RENT
WAS NOT BECAUSE THE OWNER DID NOT HAVE LEASES ON ALL OF THE SPACES.
LOAN 107 - 1: Partial Year Statement Comment: 12/31/99 -
LOAN ORIGINATION 08/06/99.
LOAN 108 - 1: Partial Year Statement Comment: 12/31/99 -
LOAN ORIGINATED 8/20/99. NORMALIZED PROFESSIONAL FEES AS ONE-TIME CLOSING COSTS.
LOAN 109 - 1:
LOAN 110 - 1: Latest Annual Statement Comment: 12/31/99 -
DECREASE IN DSCR IS DUE TO THE INCREASE IN OPERATING EXPENSES SUCH AS: GROUND
LEASE AND OTHER EXPENSES. OTHER EXPENSES INCLUDES: JANITOR, SECURITY, SNOW
REMOVAL, & OTHER SERVICE RELATED EXPENSES.
Page - 49
<PAGE>
LOAN 111 - 1: Latest Annual Statement Comment: 12/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM. MOST CAPITAL
EXPENSES WERE FOR APPLIANCES, CARPETING, LAWN EQUIPMENT, HVAC AND TILE/VINYL.
LOW DSCR DUE TO LOW OCCUPANCY
LOAN 112 - 1:
LOAN 113 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 114 - 1:
LOAN 115 - 1:
LOAN 116 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASED DSCR REFLECTS AN INCREASE IN RENTS.
LOAN 117 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 118 - 1:
LOAN 119 - 1:
LOAN 120 - 1: Latest Annual Statement Comment: 12/31/99 -
OTHER INCOME UP DUE TO INCREASED TENANT FEES. G & A EXP DOWN DUE TO PAYROLL,
PROFESSIONAL FEES, AND ADVERTISING EXP'S BEING CATEGORIZED SEPARATELY.
LOAN 121 - 1:
LOAN 122 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASE IN REPAIR AND MAINTENANCE DUE TO HIGHER TENANT TURNOVER AND TENANT
PREP. DECREASE IN OCCUPANCY DUE TO SLOWER MARKET.
LOAN 123 - 1:
LOAN 124 - 1:
LOAN 125 - 1: Latest Annual Statement Comment: 12/31/99 -
DECREASED DSCR REFLECTS INCREASES IN CONTRACT LABOR, MARKETING, AND LEGAL
EXPENSES.
LOAN 126 - 1:
LOAN 127 - 1: Latest Annual Statement Comment: 12/31/98 -
PROPERTY TAXES AND INSURANCE NORMALIZED PER BORROWER.
LOAN 128 - 1: Latest Annual Statement Comment: 12/31/99 -
STATEMENT FOR CAYUGA LAKE ESTATES ONLY. NO HISTORICAL INFORMATION FOR
COMPARISON. LOW DSCR DUE EXTRA REPAIR & MAINTENANCE. PROPERTY IS EXPECTED TO
PERFORM BETTER IN THE FUTURE UNDER THE NEW MANAGEMENT.
LOAN 128 - 2:
LOAN 129 - 2:
LOAN 129 - 1: Latest Annual Statement Comment: 12/31/99 -
STATEMENT OF ERIN ESTATE ONLY. NO HISTORICAL INFORMATION FOR FURTHER ANALYSIS.
LOAN 130 - 1:
LOAN 131 - 1:
LOAN 132 - 1: Latest Annual Statement Comment: 12/31/99 -
OTHER INCOME DOWN DUE TO SECURITY DEPOSIT INCOME NOT BEING INCLUDED. HIGH
VARIANCES DUE TO RE-CATEGORIZATION OF EXPENSES. OTHER EXPENSES UP DUE TO
INCREASED MISCELLANEOUS AND R & M MATERIALS/SUPPLIES EXPENSES.
LOAN 133 - 1: Latest Annual Statement Comment: 12/31/98 -
NORMALIZED PROPERTY TAX AMOUNT PER LOAN SERVICING SYSTEM. Partial Year
Statement Comment: 9/30/99 - NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM
LOAN 134 - 1:
LOAN 135 - 1:
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LOAN 136 - 1: Latest Annual Statement Comment: 12/31/99 -
LOAN ORIGINATED 5/26/99.
LOAN 137 - 1: Latest Annual Statement Comment: 12/31/99 -
DECREASE IN DSCR IS DUE TO THE INCREASE IN OPERATING EXPENSES SUCH AS: UTILITIES
AND REPAIRS & MAINTENANCE.
LOAN 138 - 1:
LOAN 139 - 1: Partial Year Statement Comment: 10/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 140 - 1:
LOAN 141 - 1: Status Comment: The Bwr. Principal has agreed
to reaffirm his obligations under the loan documents.
LOAN 142 - 1: Latest Annual Statement Comment: 12/31/99 -
LOAN ORIGINATED 9/8/99. NORMALIZED PROFESSIONAL FEES AS ONE-TIME CLOSING COSTS.
LOAN 143 - 1:
LOAN 144 - 1: Latest Annual Statement Comment: 12/31/99 -
BASE RENT HAS INCREASE DUE TO A GREATER OCCUPANCY OF LARGER UNITS, WHICH HAVE
HIGHER RATES.
LOAN 145 - 1:
LOAN 146 - 1: Latest Annual Statement Comment: 12/31/99 - A
NEWLY ORIGINATED LOAN IN SEPTEMBER. STATEMENT REFLECT FULL 12 MONTHS
FINANCIALS. TAXES AND INSURANCE HAD INCREASED DUE TO CLOSING AND ANNUAL PREMIUM.
LOW REVENUE DUE TO $55,000 LOST IN 15-20 VACATED UNITS THAT WERE BEING
RENOVATED.
LOAN 147 - 1: Partial Year Statement Comment: 12/31/99 -
LOAN ORIGINATED 7/6/99.
LOAN 148 - 1:
LOAN 149 - 1:
LOAN 150 - 1:
LOAN 151 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASED DSCR REFLECTS AN DECREASE IN TOTAL OPERATING EXPENSES.
LOAN 152 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASED DSCR REFLECTS INCREASE IN RENTS.
LOAN 153 - 1:
LOAN 154 - 1: Latest Annual Statement Comment: 12/31/99 -
LOW DSCR REFLECTS PROPERTY ACQUIRED 2/99 REQUIRING A SIGNIFICANT AMOUNT OF R&M
PLUS OTHER EXPENSES.
LOAN 155 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASED DSCR IS DUE TO INCREASED OCCUPANCY AND INCREASE IN RENTS.
LOAN 156 - 1: Partial Year Statement Comment: 12/31/99 -
BORROWER DID NOT REPORT PROPERTY TAXES.
LOAN 157 - 1: Latest Annual Statement Comment: 12/31/98 -
MAJOR TENANTS VACATED THE CENTER AND IT WAS RENOVATED IN 1997-98. LEASE UP HAS
TAKEN PLACE FROM 1997 THROUGH 1999. Partial Year Statement Comment: 9/30/99
- - MAJOR TENANTS VACATED THE CENTER AND IT WAS RENOVATED IN 1997-98. LEASE UP HAS
TAKEN PLACE FROM 1997 THROUGH 1999. INCREASE IN TOTAL REVENUE DUE TO THE GRADUAL
LEASE UP OF THE PROPERTY.
LOAN 158 - 1:
LOAN 159 - 1: Partial Year Statement Comment: 12/31/99 -
LOAN ORIGINATED 5/25/99.
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LOAN 160 - 1: Latest Annual Statement Comment: 12/31/99 -
OTHER INCOME DOWN DUE TO INTEREST INCOME NOT BEING INCLUDED. G & A EXP UP AND
OTHER EXP DOWN DUE TO RE-CATEGORIZATION OF SIGNIFICANT SECURITY EXP. R & M EXP
UP DUE TO INSTALLATION OF NEW WINDOWS. MGMT FEES UP DUE TO OVERCHARGE WHICH WILL
BE REFUNDED.
LOAN 161 - 1: Latest Annual Statement Comment: 12/31/99 -
BORROWER DID NOT REPORT TAX EXPENSE. Partial Year Statement Comment: 3/31/00
- BORROWER REPORTED COMBINED PROPERTY TAX AND MORTGAGE EXPENSE. FIRST QUARTER
& M EXPENSE HIGH DUE TO THE INSTALLATION OF A FURNACE. EXPENSE SHOULD NET OUT
DUE TO THE TENANT REIMBURSING THE COSTS.
LOAN 162 - 1: Latest Annual Statement Comment: 12/31/99 -
EXPIRED LEASES WERE NOT RENEWED DUE TO LOW RATE CHARGED BY PREVIOUS OWNER AND
NEW OWNER BEING SELECTIVE.CAPITAL EXPENSES INCLUDES PARKING LOT REPAVEMENT, NEW
ROOF, NEW HVAC, 2ND FLOOR RENOVATION, RELANDSCAPE FRONT AND BACK OF PROPERTY.
LOAN 163 - 1: Partial Year Statement Comment: 12/31/99 -
STATEMENT REFLECTS PARTIAL YEAR AS BORROWER TOOK OVER PROPERTY 8/17/99.
LOAN 164 - 1:
LOAN 165 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASE IN R&M DUE TO GROUNDS EXPENSE TO IMPROVE THE APPEARANCE OF THE
PROPERTY. CAPITAL EXPENSES INCLUDES ROOF REPAIR, HOT WATER AND AIR
CONDITIONER REPLACEMENT, AND A NEW POOL MOTOR AND PUMP.
LOAN 166 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASE IN REPAIRS AND MAINTENANCE IS DUE TO UPGRADES, EXTERIOR ELECTRICAL WORK
AND PORCHES WERE REDONE.
LOAN 167 - 1:
LOAN 168 - 1:
LOAN 169 - 1:
LOAN 170 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 171 - 1:
LOAN 172 - 1:
LOAN 173 - 1: Partial Year Statement Comment: 6/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING INFORMATION. TOTAL
OPERATING EXPENSE INCREASED DUE TO INCREASE IN PROFESSIONAL FEES THAT RELATED
WITH THE LOAN CLOSING.
LOAN 174 - 1:
LOAN 175 - 1: Partial Year Statement Comment: 12/31/99 -
BORROWER INCLUDED PROPERTY TAXES AND INSURANCE IN TOTAL NON CAM EXPENSES. DSCR
IN LINE WITH BASELINE.
LOAN 176 - 1:
LOAN 177 - 1:
LOAN 178 - 1:
LOAN 179 - 1:
LOAN 180 - 1:
LOAN 181 - 1:
LOAN 182 - 1:
LOAN 183 - 1: Latest Annual Statement Comment: 12/31/99 -
NEW MANAGEMENT TOOK OVER THE PROEPRTY IN LATE 98, INCREASED DSCR DUE TO FULL
OCCUPANCY AND HIGHER RENTAL RATE.
LOAN 184 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASED DSCR REFLECTS INCRESAE IN RENTS.
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LOAN 185 - 1: Partial Year Statement Comment: 6/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM. BORROWER DID
NOT REPORT PROPERTY TAX INFORMATION.
LOAN 186 - 1:
LOAN 187 - 1: Partial Year Statement Comment: 12/31/99 -
DSCR INLINE WITH BASELINE.
LOAN 188 - 1:
LOAN 189 - 1: Latest Annual Statement Comment: 12/31/99 -
NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM.REPAIRS AND MAINTENANCE INCLUDES
APPLIANCES, CARPET/VINYL AND LOCKS AND KEYS REPLACEMENT FOR NEW TENANTS. LOAN
ORIGINATED 09/98.
LOAN 190 - 1:
LOAN 191 - 1:
LOAN 192 - 1: Latest Annual Statement Comment: 12/31/99 -
BORROWER DID NOT REPORT PROPERTY TAX OR INSURANCE EXPENSE. OTHER INCOME IS MADE
UP OF OPERATING EXPENSES AND OTHER EXPENSES.
LOAN 193 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASE IN BASE RENT IS DUE TO INCREASE IN UNIT RENTAL RATES.
LOAN 194 - 1:
LOAN 195 - 1: Latest Annual Statement Comment: 12/31/99 -
BORROWER DID NOT REPORT PROPERTY TAXES. PROFESSIONAL FEES UP DUE TO INCREASED
LEGAL FEES. OTHER EXPENSE DOWN DUE TO DECREASED MISC EXPENSES. DSCR REMAINS
CONSISTENT WITH 1998 FIGURE. CAPITAL IMPROVEMENTS CONSIST OF ROOF, CARPET, &
WINDOW REPLACEMENTS.
LOAN 196 - 1:
LOAN 197 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAX, INSURANCE AND CAPITAL EXPENSES PER LOAN SERVICING
SYSTEM.
LOAN 198 - 1:
LOAN 199 - 1:
LOAN 200 - 1:
LOAN 201 - 1: Partial Year Statement Comment: 12/31/99 -
BORROWER'S OPERATING STATEMENT ONLY REFLECTS 5 MONTHS AS LOAN ORIGINATED
8/10/99. CAPITAL REPAIRS INCLUDES CARPET REPLACEMENT IN HALLWAYS,REPLACEMENT OF
EXTERIOR LIGHTING, REBUILDING GARAGE, ROOF REPAIRS TO IMPROVE OVERALL APPEARANCE
OF PROPERTY.
LOAN 202 - 1:
LOAN 203 - 1: Partial Year Statement Comment: 6/30/99 -
MOST OF THE TAX LIABILITY WAS PAID IN THE FIRST SIX MONTHS OF THE YEAR,
REFLECTING A SKEWED DSCR FOR THE FIRST SIX MONTHS OF PERFORMANCE. NORMALIZED
PROPERTY TAXES PER LOAN SERVICING SYSTEM.
LOAN 204 - 1:
LOAN 205 - 1:
LOAN 206 - 2: Latest Annual Statement Comment: 12/31/98 -
DSCR IS PRORATED AT 64% OF NOI.
LOAN 206 - 1: Latest Annual Statement Comment: 12/31/98 -
DSCR IS PRORATED AT 36% PER NOI.
LOAN 207 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
Page - 53
