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) April 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)
CMAC Series 1999-C1
(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 April 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
April 10, 2000.
Loan data files as of the April 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: April 10, 2000
EXHIBIT INDEX
Sequential
Document Page Number
Monthly Remittance Statement to the Certificateholders 3
dated as of April 10, 2000
Loan data file as of the April 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: 04/10/2000
Record Date: 03/31/2000
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% 123,351,000.00 121,666,532.24 458,741.29 720,874.20
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 8.161106% 24,713,000.00 24,713,000.00 0.00 168,071.17
B-2 .... 69348HAH1 8.161106% 9,505,000.00 9,505,000.00 0.00 64,642.76
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 59,680.62
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 53,916.41
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
-------- -------------- -------------- ---------- ------------
Totals . -- -- 760,414,266.00 758,729,798.24 458,741.29 4,632,607.30
============== ============== ========== ============
</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 1,179,615.49 121,207,790.95 26.83%
A-1B ... 0.00 0.00 2,648,890.97 433,652,000.00 26.83%
A-2 .... 0.00 0.00 249,845.18 39,922,000.00 21.56%
A-3 .... 0.00 0.00 218,424.90 34,218,000.00 17.05%
A-4 .... 0.00 0.00 87,056.50 13,308,000.00 15.29%
B-1 .... 0.00 0.00 168,071.17 24,713,000.00 12.03%
B-2 .... 0.00 0.00 64,642.76 9,505,000.00 10.78%
B-3 .... 0.00 0.00 157,472.08 26,615,000.00 7.27%
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 59,680.62 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 53,916.41 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%
---------- ---------- ------------ -------------- -------
Totals . 0.00 0.00 5,091,348.59 758,271,056.95 --
========== ========== ============ ============== =======
<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 0.833675% 760,414,266.00 758,729,798.24 527,111.73 0.00 527,111.73 758,271,056.95
========= ======== ============== ============== ========== ========== ========== ==============
</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 986.34410941 3.71899125 5.84408882 0.00000000 0.00000000 982.62511816
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 6.80092138 0.00000000 0.00000000 1000.00000000
B-2 . 69348HAH1 1000.00000000 0.00000000 6.80092162 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 5.70833286 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 5.67226735 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 997.78480253 0.69319022 0.00000000 997.18152441
</TABLE>
Page - 5
<PAGE>
RECONCILIATION DETAIL
ADVANCE SUMMARY
P&I Advances Outstanding 2,746,556.67
Servicing Advances Outstanding 0.00
Reimbursement for Interest on Advances 0.00
SERVICING FEE SUMMARY
Current Period Accrued Servicing Fees 52,197.35
Less Servicing Fees on Delinquent Payments 22,973.53
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 22,618.42
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 51,842.24
<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 ...... 527,111.73 0.00 527,111.73 0.00 0.00 527,111.73 0.00
A-1A ... 720,874.20 0.00 720,874.20 0.00 0.00 720,874.20 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 .... 168,071.17 0.00 168,071.17 0.00 0.00 168,071.17 0.00
B-2 .... 64,642.76 0.00 64,642.76 0.00 0.00 64,642.76 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 59,680.62 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 0.00 342.82 53,916.41 1,372.59
E ...... 0.00 0.00 0.00 0.00 0.00 0.00 0.00
------------ ------------ ------------ ------------ ------------ ------------ ------------
Total .. 5,160,061.86 0.00 5,160,061.86 0.00 342.82 5,159,719.03 1,372.59
============ ============ ============ ============ ============ ============ ============
</TABLE>
Page - 6
<PAGE>
OTHER REQUIRED INFORMATION
Available Distribution Amount 5,618,460.32
Aggregate Number of Outstanding Loans 207
Aggregate Stated Principal Balance of Loans 758,271,057.23
Aggregate Unpaid Principal Balance of Loans 758,487,126.49
Aggregate Amount of Servicing Fee 51,842.24
Aggregate Amount of Special Servicing Fee 342.82
Aggregate Amount of Trustee Fee 1,454.17
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 ................ 1 398,352.87 0.05 115 8.8800 1.890000
500,001 to 750,000 ........... 13 8,569,658.12 1.13 110 8.5519 1.381482
750,001 to 1,000,000 ......... 17 14,823,734.62 1.95 118 8.2072 1.635182
1,000,001 to 1,250,000 ....... 17 19,014,567.17 2.51 112 8.1808 1.536112
1,250,001 to 1,500,000 ....... 15 21,070,571.01 2.78 123 8.1295 1.352517
1,500,001 to 1,750,000 ....... 18 28,972,816.36 3.82 122 8.1088 1.488769
1,750,001 to 2,000,000 ....... 19 34,991,869.78 4.61 106 7.8636 1.476834
2,000,001 to 3,000,000 ....... 34 82,979,565.52 10.94 116 8.0655 1.497389
3,000,001 to 4,000,000 ....... 20 69,509,449.56 9.17 108 7.9391 1.503400
4,000,001 to 5,000,000 ....... 13 58,198,898.26 7.68 115 7.9711 1.430669
5,000,001 to 6,000,000 ....... 10 54,692,877.14 7.21 110 7.9640 1.492516
6,000,001 to 7,000,000 ....... 8 52,525,426.97 6.93 111 7.9276 1.345797
7,000,001 to 8,000,000 ....... 5 36,706,659.29 4.84 114 7.8923 1.506480
8,000,001 to 9,000,000 ....... 2 16,942,314.33 2.23 107 7.4639 1.340226
9,000,001 to 11,500,000 ...... 7 74,205,534.86 9.79 110 7.6744 1.323512
11,500,001 to 15,500,000 ..... 4 49,798,520.30 6.57 104 7.9737 1.313748
15,500,001 to 34,500,000 ..... 2 53,634,640.80 7.07 113 7.8649 1.129456
34,500,001 or Greater ........ 2 81,235,600.27 10.71 114 8.3205 1.206812
- ------------------------------ --- -------------- ------ --- ------ --------
Totals ....................... 207 758,271,057.23 100.00 112 7.9825 1.389625
=== ============== ====== === ====== ========
<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 14,653,933.68 1.93 106 7.8696 1.429153
Arkansas ..................... 5 8,851,741.44 1.17 114 8.3975 1.583726
California ................... 31 114,023,657.75 15.04 114 8.0804 1.408987
Colorado ..................... 8 22,832,486.15 3.01 105 8.2672 1.371993
Connecticut .................. 5 10,628,761.53 1.40 113 8.3410 0.932742
Florida ...................... 17 60,211,243.87 7.94 112 8.1050 1.243672
Georgia ...................... 9 21,794,792.14 2.87 124 8.0357 1.532481
Idaho ........................ 1 1,402,127.32 0.18 223 6.9500 1.850000
Indiana ...................... 4 9,908,185.10 1.31 134 8.0488 1.012549
Iowa ......................... 1 1,428,988.53 0.19 171 8.0300 1.750000
Kansas ....................... 5 7,146,416.34 0.94 97 7.5619 1.435683
Kentucky ..................... 1 5,702,459.22 0.75 113 8.1700 1.340000
Louisiana .................... 5 6,374,852.38 0.84 107 7.5978 1.438945
Maryland ..................... 3 11,806,025.19 1.56 112 7.9385 1.428037
Massachusetts ................ 7 41,082,841.42 5.42 112 7.9667 1.384848
Michigan ..................... 4 48,761,781.57 6.43 113 8.0219 1.091670
Minnesota .................... 3 12,829,941.76 1.69 115 8.4034 1.697529
Mississippi .................. 1 2,155,344.39 0.28 111 8.1000 0.890000
Nebraska ..................... 1 5,584,931.97 0.74 115 8.3600 1.280000
Nevada ....................... 2 3,426,401.66 0.45 111 8.0850 1.583651
New Hampshire ................ 4 12,600,054.44 1.66 102 7.1611 1.386834
New Jersey ................... 5 16,695,224.09 2.20 113 8.1994 1.439297
New Mexico ................... 2 1,981,641.95 0.26 110 8.2800 1.807500
New York ..................... 11 70,567,190.31 9.31 117 8.4679 1.188287
Ohio ......................... 3 6,068,190.86 0.80 107 7.4522 1.638571
Oklahoma ..................... 8 47,701,916.77 6.29 110 7.4082 1.590777
Oregon ....................... 3 4,578,074.64 0.60 106 7.4870 1.781199
Pennsylvania ................. 10 35,440,612.70 4.67 108 7.3752 1.589020
Tennessee .................... 2 14,533,962.35 1.92 84 8.5120 1.082919
Texas ........................ 31 88,026,797.70 11.61 112 7.8545 1.515141
Utah ......................... 2 4,174,817.68 0.55 112 8.1838 1.184150
Vermont ...................... 1 3,794,500.10 0.50 102 7.2600 2.160000
Virginia ..................... 6 26,807,523.83 3.54 112 7.9647 1.470472
Washington ................... 2 5,910,617.48 0.78 101 7.4324 1.441520
Wisconsin .................... 2 8,783,018.91 1.16 111 7.9495 1.591894
--- -------------- ------ --- ------ --------
Totals ....................... 212 758,271,057.23 100.00 112 7.9825 1.389625
=== ============== ====== === ====== ========
<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 63,981,815.49 8.44 104 6.7487 1.618209
7.001% to 7.250% ............. 10 22,095,441.47 2.91 96 7.1374 1.559949
7.251% to 7.500% ............. 11 52,798,219.40 6.96 113 7.4077 1.700089
7.501% to 7.750% ............. 9 58,469,319.00 7.71 111 7.6948 1.335761
7.751% to 8.000% ............. 30 148,768,366.44 19.62 114 7.9175 1.314629
8.001% to 8.250% ............. 51 173,997,803.47 22.95 115 8.1328 1.276593
8.251% to 8.500% ............. 38 101,004,867.89 13.32 113 8.3455 1.365887
8.501% to 8.750% ............. 25 114,584,675.30 15.11 112 8.5935 1.38675
8.751% to 9.000% ............. 12 14,680,407.44 1.94 115 8.8287 1.32002
9.001% or Greater ............ 5 7,890,141.33 1.04 111 9.1488 1.732608
- ------------------------------ --- -------------- ------ --- ------ --------
Totals ....................... 207 758,271,057.23 100.00 112 7.9825 1.389625
=== ============== ====== === ====== ========
<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 ............ 168 636,497,424.56 83.94 114 8.1566 1.346056
13 to 24 months .............. 35 106,719,395.40 14.07 103 7.0241 1.644906
25 to 36 months .............. 4 15,054,237.27 1.99 106 7.4167 1.416008
37 to 48 months .............. 0 0.00 0.00 0 0.0000 0
49 months and greater ........ 0 0.00 0.00 0 0.0000 0
- ------------------------------ --- -------------- ------ --- ------ --------
Totals ....................... 207 758,271,057.23 100.00 112 7.9825 1.389625
=== ============== ====== === ====== ========
<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 2,086,353.97 0.28 237 8.1400 NAP
Less than Zero ............... 0 0.00 0.00 0 0.0000 0
Zero to 1.19 ................. 33 163,858,643.67 21.61 113 8.1492 0.950421
1.20 to 1.21 ................. 9 22,471,285.49 2.96 113 8.0942 1.202882
1.22 to 1.29 ................. 32 147,899,348.09 19.50 113 7.9900 1.263276
1.30 to 1.34 ................. 14 35,329,367.05 4.66 113 8.1232 1.320228
1.35 to 1.39 ................. 11 75,579,279.40 9.97 109 8.3289 1.358917
1.40 and Greater ............. 107 311,046,779.56 41.02 111 7.7819 1.709909
- ------------------------------ --- -------------- ------ --- ------ --------
Totals ....................... 207 758,271,057.23 100.00 112 7.9825 1.389625
=== ============== ====== === ====== ========
<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 2,086,353.97 0.28 237 8.1400 NAP
Industrial ................... 17 39,382,802.26 5.19 114 8.0269 1.493132
Lodging ...................... 6 31,939,942.66 4.21 112 8.4259 1.958228
Manufactured Housing ......... 6 18,195,403.69 2.40 98 7.0769 1.473514
Mixed Use .................... 7 25,436,756.53 3.35 113 8.3502 1.318458
Multifamily .................. 84 295,092,737.84 38.92 111 7.7358 1.399205
Office ....................... 37 134,613,621.50 17.75 111 8.1776 1.372972
Retail ....................... 43 200,746,905.27 26.47 113 8.1402 1.267767
Self Storage ................. 11 10,776,533.51 1.42 119 8.5176 1.568127
--- -------------- ------ --- ------ --------
Totals ....................... 212 758,271,057.23 100.00 112 7.9825 1.389625
=== ============== ====== === ====== ========
<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 ........... 155 557,299,464.02 73.50 109 7.8594 1.421458
115 to 119 months ............ 40 175,402,353.14 23.13 115 8.3846 1.270415
120 to 199 months ............ 6 16,150,398.70 2.13 150 7.8036 1.616823
200 months or greater ........ 1 2,086,353.97 0.28 237 8.1400 NAP
--- -------------- ------ --- ------ --------
Totals ....................... 202 750,938,569.83 99.03 111 7.9817 1.390293
=== ============== ====== === ====== ========
<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 4,287,666.83 0.57 173 8.4974 1.248667
200 months or greate ......... 2 3,044,820.57 0.40 229 7.4571 1.423792
- ------------------------------ --- -------------- ------ --- ------ --------
Totals ....................... 5 7,332,487.40 0.97 196 8.0654 1.321388
=== ============== ====== === ====== ========
<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 7,380,417.91 0.97 124 8.3473 1.247853
239 to 298 months ............ 67 148,769,209.33 19.62 113 8.0845 1.599179
299 to 312 months ............ 0 0.00 0.00 0 0.0000 0.000000
313 months and greater ....... 129 594,788,942.59 78.44 111 7.9514 1.340546
- ------------------------------ --- -------------- ------ --- ------ --------
Totals ....................... 202 750,938,569.83 99.03 111 7.9817 1.390293
=== ============== ====== === ====== ========
<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 .... 27 63,260,466.26 8.34 119 8.2859 1.29072
1 year or less ............... 167 653,991,631.57 86.25 112 7.9350 1.406100
1 to 2 years ................. 13 41,018,959.40 5.41 102 8.2721 1.280317
2 years or greater ........... 0 0.00 0.00 0 0.0000 0.000000
- ------------------------------ --- -------------- ------ --- ------ --------
Totals ....................... 207 758,271,057.23 100.00 112 7.9825 1.389625
=== ============== ====== === ====== ========
<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 331,754.89 16,810.74 8.580% 11/01/2009 11/01/2029 N
2 RT Lansing MI 250,529.40 17,294.67 8.000% N/A 09/01/2009 N
3 MF Various Various 218,031.60 17,254.63 7.740% N/A 07/01/2009 N
4 OF Palo Alto CA 145,394.59 9,575.24 8.060% N/A 11/01/2009 N
5 MF Oklahoma City OK 86,651.16 7,790.98 7.430% N/A 09/01/2009 N
6 MF Tulsa OK 83,266.59 6,371.34 7.760% N/A 10/01/2009 N
7 OF Memphis TN 90,120.07 4,553.36 8.600% N/A 10/01/2006 N
8 MU Boston MA 82,054.13 5,268.96 8.180% N/A 07/01/2009 N
9 MF New York NY 81,388.04 4,737.69 8.310% N/A 11/01/2009 N
10 MH York PA 61,678.19 9,653.68 6.320% N/A 11/01/2008 N
11 MF Lauderhill FL 77,359.80 4,816.00 8.190% N/A 10/01/2009 N
12 RT Jensen Beach FL 76,409.67 4,995.64 8.090% N/A 10/01/2009 N
13 MF El Paso TX 58,984.98 7,994.88 6.700% N/A 09/01/2008 N
14 LO Los Angeles CA 74,037.77 7,498.28 8.650% N/A 08/01/2009 N
15 MF Kingwood TX 60,822.18 5,473.14 7.480% N/A 06/01/2009 N
16 MF North Little Rock AR 31,144.36 2,026.32 8.100% N/A 10/01/2009 N
17 RT North Little Rock AR 13,130.56 629.07 8.700% N/A 10/01/2009 N
18 RT North Little Rock AR 8,138.41 389.90 8.700% N/A 10/01/2009 N
19 RT Sherwood AR 6,397.13 306.48 8.700% N/A 10/01/2009 N
20 RT North Little Rock AR 5,223.83 250.26 8.700% N/A 10/01/2009 N
21 RT Manchester/Hooksett NH 48,776.32 8,068.95 6.890% 08/01/2008 08/01/2028 N
22 RT Washington Township MI 58,565.36 3,894.50 8.040% N/A 11/01/2009 N
23 OF San Diego CA 54,155.91 3,756.43 7.990% N/A 09/01/2009 N
24 OF Burbank CA 50,700.37 3,649.02 7.890% N/A 10/01/2009 N
25 MF Oklahoma City OK 45,874.14 4,124.64 7.430% N/A 09/01/2009 N
26 MF Dallas TX 52,724.09 2,685.71 8.570% N/A 11/01/2009 N
27 MF Orlando FL 46,130.53 3,854.46 7.570% N/A 10/01/2009 N
28 RT Selma CA 50,035.52 2,898.01 8.320% N/A 10/01/2009 N
29 OF Holmdel NJ 47,218.80 3,314.79 7.980% N/A 08/01/2009 N
30 MF Waco TX 46,250.56 3,009.16 8.100% N/A 10/01/2009 N
31 MF Victoria TX 44,968.32 3,318.05 7.890% N/A 07/01/2009 N
32 MF Revere MA 44,109.37 3,178.15 7.910% N/A 09/01/2009 N
33 MF Oklahoma City OK 38,073.71 4,889.50 6.860% N/A 07/01/2008 N
34 LO Brookfield WI 45,595.37 4,981.45 8.370% N/A 11/01/2009 N
35 RT Pittsfield MA 42,528.21 5,621.73 7.960% N/A 06/01/2009 N
36 OF Louisville KY 40,136.34 2,552.12 8.170% N/A 09/01/2009 N
37 MF Mesa AZ 35,215.86 4,114.60 7.190% N/A 02/01/2008 N
38 LO Eden Prairie MN 40,533.21 4,428.39 8.370% N/A 11/01/2009 N
39 RT Omaha NE 40,221.74 2,283.03 8.360% N/A 11/01/2009 N
40 RT Sun City CA 35,395.49 6,247.40 7.420% N/A 06/01/2008 N
41 MF Haverhill MA 39,166.45 2,200.68 8.380% N/A 11/01/2009 N
42 OF New Brighton MN 38,717.81 2,282.09 8.300% N/A 10/01/2009 N
43 MF State College PA 35,991.56 2,769.36 7.770% N/A 09/01/2009 N
44 OF Colorado Springs CO 34,793.72 2,781.65 7.740% N/A 06/01/2009 N
45 MF Anderson IN 35,123.00 2,450.69 7.940% N/A 11/01/2009 N
46 MF Killeen TX 36,818.50 1,875.50 8.570% N/A 11/01/2009 N
47 MF Azusa CA 31,741.61 3,361.48 7.440% N/A 01/01/2013 N
48 IN Pacoima CA 23,036.92 1,477.04 8.130% N/A 10/01/2009 N
49 IN Sylmar CA 11,484.14 1,393.25 8.130% N/A 09/01/2009 N
50 OF Maitland FL 31,889.30 2,201.40 8.000% N/A 09/01/2009 N
51 OF Decatur GA 32,156.04 1,962.64 8.230% N/A 10/01/2009 N
52 MU Boston MA 31,618.42 4,374.06 8.160% N/A 05/01/2010 N
53 IN Newark NJ 33,024.76 3,392.59 8.560% N/A 10/01/2009 N
54 MF Spokane WA 27,340.66 3,143.91 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 44,902,534.55 44,885,723.81 04/01/2000 -- -- -- --
2 36,367,171.13 36,349,876.46 03/01/2000 -- -- -- --
3 32,712,917.94 32,695,663.31 03/01/2000 -- -- -- --
4 20,948,552.73 20,938,977.49 04/01/2000 -- -- -- --
5 13,543,358.35 13,535,567.37 04/01/2000 -- -- -- --
6 12,460,913.66 12,454,542.32 04/01/2000 -- -- -- --
7 12,169,251.29 12,164,697.93 03/01/2000 -- -- -- --
8 11,648,981.64 11,643,712.68 04/01/2000 -- -- -- --
9 11,373,663.01 11,368,925.32 03/01/2000 -- -- -- --
10 11,333,273.85 11,323,620.17 03/01/2000 -- -- -- --
11 10,969,131.77 10,964,315.77 03/01/2000 -- -- -- --
12 10,968,332.90 10,963,337.26 04/01/2000 -- -- -- --
13 10,223,684.98 10,215,690.10 04/01/2000 -- -- -- --
14 9,939,808.50 9,932,310.22 04/01/2000 -- -- -- --
15 9,442,809.16 9,437,336.02 03/01/2000 -- -- -- --
16 4,465,141.38 4,463,115.06 03/01/2000 -- -- -- --
17 1,752,689.17 1,752,060.10 03/01/2000 -- -- -- --
18 1,086,328.12 1,085,938.22 03/01/2000 -- -- -- --
19 853,899.79 853,593.31 03/01/2000 -- -- -- --
20 697,285.01 697,034.75 03/01/2000 -- -- -- --
21 8,495,149.54 8,487,080.59 04/01/2000 -- -- -- --
22 8,459,128.24 8,455,233.74 03/01/2000 -- -- -- --
23 7,871,181.09 7,867,424.66 04/01/2000 -- -- -- --
24 7,462,338.31 7,458,689.29 03/01/2000 -- -- -- --
25 7,170,013.23 7,165,888.59 04/01/2000 -- -- -- --
26 7,144,454.71 7,141,769.00 03/01/2000 -- -- -- --
27 7,076,742.21 7,072,887.75 03/01/2000 -- -- -- --
28 6,983,866.44 6,980,968.43 03/01/2000 -- -- -- --
29 6,871,521.08 6,868,206.29 04/01/2000 -- -- -- --
30 6,630,904.45 6,627,895.29 03/01/2000 -- -- -- --
31 6,618,665.53 6,615,347.48 03/01/2000 -- -- -- --
32 6,475,826.54 6,472,648.39 03/01/2000 -- -- -- --
33 6,445,281.44 6,440,391.94 03/01/2000 -- -- -- --
34 6,326,100.42 6,321,118.97 04/01/2000 -- -- -- --
35 6,204,471.91 6,198,850.18 04/01/2000 -- -- -- --
36 5,705,011.34 5,702,459.22 03/01/2000 -- -- -- --
37 5,687,877.79 5,683,763.19 03/01/2000 -- -- -- --
38 5,623,753.83 5,619,325.44 04/01/2000 -- -- -- --
39 5,587,215.00 5,584,931.97 03/01/2000 -- -- -- --
40 5,539,682.15 5,533,434.75 04/01/2000 -- -- -- --
41 5,427,639.22 5,425,438.54 04/01/2000 -- -- -- --
42 5,417,183.38 5,414,901.29 04/01/2000 -- -- -- --
43 5,379,234.24 5,376,464.88 04/01/2000 -- -- -- --
44 5,220,362.91 5,217,581.26 03/01/2000 -- -- -- --
45 5,137,027.29 5,134,576.60 04/01/2000 -- -- -- --
46 4,989,144.34 4,987,268.84 03/01/2000 -- -- -- --
47 4,954,465.06 4,951,103.58 03/01/2000 -- -- -- --
48 3,290,596.19 3,289,119.15 04/01/2000 -- -- -- --
49 1,640,395.82 1,639,002.57 04/01/2000 -- -- -- --
50 4,629,092.54 4,626,891.14 04/01/2000 -- -- -- --
51 4,537,362.47 4,535,399.83 04/01/2000 -- -- -- --
52 4,499,775.44 4,495,401.38 03/01/2000 -- -- -- --
53 4,480,295.83 4,476,903.24 03/01/2000 -- -- -- --
54 4,422,067.79 4,418,923.88 04/01/2000 -- -- -- --
<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 28,436.83 2,479.39 7.550% N/A 06/01/2009 N
56 IN Norwood MA 24,806.59 5,493.78 6.640% N/A 11/01/2008 N
57 RT Santa Maria CA 28,550.62 2,277.66 7.760% N/A 05/01/2009 N
58 RT Norwalk CT 31,705.34 2,100.70 8.790% N/A 11/01/2009 N
59 LO Thornton CO 30,500.83 2,984.50 8.670% N/A 11/01/2009 N
60 MF Cape Canaveral FL 27,347.95 2,228.47 7.950% N/A 05/01/2008 N
61 MF Dallas TX 27,983.44 1,814.52 8.160% N/A 07/01/2009 N
62 OF Los Angeles CA 27,674.99 1,651.83 8.260% N/A 11/01/2009 N
63 OF Miami FL 27,069.16 1,765.46 8.080% N/A 11/01/2009 N
64 MF Midwest City OK 22,974.02 2,815.81 6.940% N/A 09/01/2008 N
65 LO South Burlington VT 23,748.74 4,285.00 7.260% N/A 10/01/2008 N
66 OF Colorado Springs CO 25,518.56 1,552.35 8.260% N/A 09/01/2009 N
67 MF Alvin TX 22,506.05 2,174.50 7.300% N/A 07/01/2009 N
68 OF Upper Dublin Township PA 24,395.66 1,498.79 8.240% N/A 09/01/2009 N
69 MF Desoto TX 22,508.25 1,700.24 7.840% N/A 07/01/2009 N
70 MF State College PA 19,588.74 2,451.96 6.890% 09/01/2008 09/01/2028 N
71 OF St. Helena CA 23,132.50 1,450.81 8.160% N/A 11/01/2009 N
72 IN Zilwaukee MI 23,008.41 1,482.45 8.120% N/A 10/01/2009 N
73 RT Bowling Green OH 19,474.28 2,391.24 6.900% 11/01/2008 11/01/2028 N
74 MF Bedford TX 23,271.15 1,373.87 8.350% N/A 07/01/2006 N
75 RT Oceanside CA 22,709.21 1,395.15 8.270% N/A 07/01/2009 N
76 MU Williamsport PA 25,037.02 2,102.71 9.130% 09/01/2009 09/01/2024 N
77 RT Waterford CT 22,123.60 2,628.44 8.210% N/A 08/01/2009 N
78 IN Cerritos CA 22,357.61 1,506.97 8.610% N/A 10/01/2009 N
79 OF Aurora CO 21,890.84 2,306.42 8.520% N/A 09/01/2009 N
80 IN Hackettstown NJ 20,724.81 2,568.96 8.070% N/A 09/01/2009 N
81 OF Ft Lauderdale FL 19,815.57 1,463.81 7.910% N/A 06/01/2009 N
82 MU Freeport NY 21,539.33 2,156.40 8.630% N/A 10/01/2009 N
83 RT Atlanta GA 20,826.04 2,227.45 8.450% N/A 10/01/2009 N
84 SS Palm Bay FL 9,906.59 896.34 8.880% N/A 11/01/2009 N
85 SS Bradenton FL 8,382.50 758.44 8.880% N/A 11/01/2009 N
86 SS West Melbourne FL 3,048.18 275.80 8.880% N/A 11/01/2009 N
87 MF Upper Darby Township PA 18,749.64 1,426.12 7.810% N/A 08/01/2009 N
88 MH Montrose CO 18,631.72 1,274.12 8.050% N/A 07/01/2004 N
89 MF Salem OR 5,129.66 609.28 7.030% N/A 08/01/2008 N
90 MF Mcminnville OR 10,975.09 1,303.57 7.030% N/A 08/01/2008 N
91 RT Woodbridge VA 18,836.80 1,088.16 8.340% N/A 10/01/2009 N
92 MF Dallas TX 15,444.55 1,806.98 7.050% N/A 09/01/2008 N
93 OF Big Flats NY 18,402.01 6,753.36 8.510% N/A 09/01/2014 N
94 IN Northborough MA 17,755.54 3,842.26 8.190% N/A 08/01/2009 N
95 RT San Leandro CA 16,807.95 2,223.23 7.840% N/A 11/01/2009 N
96 MF Hampton VA 17,473.80 1,114.89 8.140% N/A 10/01/2009 N
97 RT Columbia MD 17,937.27 1,038.07 8.360% N/A 09/01/2009 N
98 MF Bayside WI 14,575.07 1,839.80 6.870% 09/01/2008 09/01/2028 N
99 MF Jacksonville FL 16,378.06 1,514.97 7.740% N/A 02/01/2008 N
100 RT Sun City CA 17,124.33 1,092.59 8.140% N/A 10/01/2009 N
101 MF San Marcos TX 16,623.12 1,188.14 7.980% N/A 06/01/2014 N
102 IN Park City UT 17,334.60 966.46 8.410% N/A 10/01/2009 N
103 MF Dallas TX 14,547.31 2,762.63 7.110% N/A 10/01/2008 N
104 RT Farragut TN 16,451.73 1,111.52 8.060% N/A 08/01/2009 N
105 IN Hampton VA 17,036.56 1,755.41 8.530% N/A 11/01/2009 N
106 OF Peoria AZ 16,440.55 1,010.06 8.240% N/A 09/01/2009 N
107 RT Santa Maria CA 16,440.55 1,010.06 8.240% N/A 09/01/2009 N
108 MF Houston TX 16,222.35 1,954.02 8.150% N/A 09/01/2009 N
109 LO Weeki Wachee FL 17,513.76 1,372.20 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 4,373,962.29 4,371,482.90 03/01/2000 -- -- -- --
56 4,338,502.74 4,333,008.96 04/01/2000 -- -- -- --
57 4,272,623.91 4,270,346.25 04/01/2000 -- -- -- --
58 4,188,749.36 4,186,648.66 03/01/2000 -- -- -- --
59 4,085,389.04 4,082,404.54 04/01/2000 -- -- -- --
60 3,994,831.27 3,992,602.80 03/01/2000 -- -- -- --
61 3,982,462.88 3,980,648.36 04/01/2000 -- -- -- --
62 3,890,882.89 3,889,231.06 03/01/2000 -- -- -- --
63 3,890,489.89 3,888,724.43 04/01/2000 -- -- -- --
64 3,844,310.06 3,841,494.25 04/01/2000 -- -- -- --
65 3,798,785.10 3,794,500.10 04/01/2000 -- -- -- --
66 3,587,706.28 3,586,153.93 03/01/2000 -- -- -- --
67 3,580,282.28 3,578,107.78 03/01/2000 -- -- -- --
68 3,438,160.14 3,436,661.35 03/01/2000 -- -- -- --
69 3,334,006.62 3,332,306.38 03/01/2000 -- -- -- --
70 3,301,627.09 3,299,175.13 04/01/2000 -- -- -- --
71 3,292,102.03 3,290,651.22 04/01/2000 -- -- -- --
72 3,290,572.14 3,289,089.69 04/01/2000 -- -- -- --
73 3,277,578.15 3,275,186.91 04/01/2000 -- -- -- --
74 3,236,474.13 3,235,100.26 03/01/2000 -- -- -- --
75 3,188,874.37 3,187,479.22 04/01/2000 -- -- -- --
76 3,184,584.09 3,182,481.38 04/01/2000 -- -- -- --
77 3,129,345.67 3,126,717.23 04/01/2000 -- -- -- --
78 3,015,525.90 3,014,018.93 03/01/2000 -- -- -- --
79 2,983,758.37 2,981,451.95 03/01/2000 -- -- -- --
80 2,982,344.65 2,979,775.69 03/01/2000 -- -- -- --
81 2,909,181.50 2,907,717.69 03/01/2000 -- -- -- --
82 2,898,426.45 2,896,270.05 03/01/2000 -- -- -- --
83 2,862,139.81 2,859,912.36 04/01/2000 -- -- -- --
84 1,295,543.22 1,294,646.88 04/01/2000 -- -- -- --
85 1,096,228.88 1,095,470.44 04/01/2000 -- -- -- --
86 398,628.67 398,352.87 04/01/2000 -- -- -- --
87 2,787,935.65 2,786,509.53 03/01/2000 -- -- -- --
88 2,687,806.43 2,686,532.31 03/01/2000 -- -- -- --
89 847,372.36 846,763.08 04/01/2000 -- -- -- --
90 1,812,982.73 1,811,679.16 04/01/2000 -- -- -- --
91 2,622,900.49 2,621,812.33 04/01/2000 -- -- -- --
92 2,544,057.50 2,542,250.52 03/01/2000 -- -- -- --
93 2,511,172.84 2,504,419.48 04/01/2000 -- -- -- --
94 2,517,623.55 2,513,781.29 03/01/2000 -- -- -- --
95 2,489,657.40 2,487,434.17 04/01/2000 -- -- -- --
96 2,492,894.08 2,491,779.19 04/01/2000 -- -- -- --
97 2,491,672.07 2,490,634.00 04/01/2000 -- -- -- --
98 2,463,739.74 2,461,899.94 04/01/2000 -- -- -- --
99 2,457,322.64 2,455,807.67 03/01/2000 -- -- -- --
100 2,443,036.18 2,441,943.59 03/01/2000 -- -- -- --
101 2,419,080.65 2,417,892.51 04/01/2000 -- -- -- --
102 2,393,638.86 2,392,672.40 04/01/2000 -- -- -- --
103 2,376,040.86 2,373,278.23 03/01/2000 -- -- -- --
104 2,370,375.94 2,369,264.42 04/01/2000 -- -- -- --
105 2,319,389.14 2,317,633.73 04/01/2000 -- -- -- --
106 2,317,020.95 2,316,010.89 04/01/2000 -- -- -- --
107 2,317,020.95 2,316,010.89 04/01/2000 -- -- -- --
108 2,311,516.51 2,309,562.49 03/01/2000 -- -- -- --
109 2,191,655.59 2,190,283.39 03/01/2000 -- -- -- --
<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 14,843.03 1,976.93 7.890% N/A 08/01/2009 N
111 MF Meridian MS 15,040.53 1,004.07 8.100% N/A 07/01/2009 N
112 MF Arlington TX 14,658.82 1,864.08 7.950% N/A 11/01/2009 N
113 OF Clearwater FL 15,131.04 900.82 8.280% N/A 10/01/2009 N
114 CL Atlanta GA 14,633.68 1,355.36 8.140% N/A 01/01/2020 N
115 RT Rostraver Township PA 14,682.66 916.34 8.170% N/A 11/01/2009 N
116 MF Manchester NH 12,162.72 2,519.27 6.880% N/A 09/01/2008 N
117 RT San Diego CA 14,069.37 2,033.91 7.980% N/A 07/01/2008 N
118 OF Manassas VA 14,401.67 820.96 8.390% N/A 09/01/2009 N
119 RT Salina NY 13,136.14 1,005.14 7.760% N/A 10/01/2009 N
120 MF Lawrence KS 12,875.59 1,259.65 7.610% N/A 02/01/2003 N
121 MF Gresham OR 13,428.55 865.20 8.120% N/A 10/01/2009 N
122 MF West Monroe LA 11,462.53 2,294.80 6.980% N/A 09/01/2008 N
123 MF Melbourne FL 13,003.47 1,635.87 7.980% N/A 11/01/2009 N
124 MF Los Angeles CA 13,172.78 832.26 8.160% N/A 10/01/2009 N
125 MF Oklahoma City OK 12,639.21 1,707.48 7.850% N/A 08/01/2009 N
126 IN Columbus OH 12,259.75 1,728.94 7.750% N/A 07/01/2009 N
127 RT White Bear Lake MN 13,643.07 607.62 8.820% N/A 11/01/2009 N
128 MH Locke and Moravia NY 8,534.74 453.26 8.490% N/A 11/01/2009 N
129 MH Erin NY 4,595.63 244.06 8.490% N/A 11/01/2009 N
130 RT Tuscon AZ 13,094.25 707.94 8.470% N/A 10/01/2009 N
131 RT Clay NY 12,106.04 901.51 7.840% N/A 09/01/2009 N
132 MF Taylorsville UT 12,104.01 1,645.90 7.880% N/A 06/01/2009 N
133 MF Philadelphia PA 10,588.13 1,314.87 6.940% 07/01/2008 07/01/2028 N
134 MF Lawrence KS 10,471.11 2,136.32 6.900% N/A 10/01/2008 N
135 MF Baton Rouge LA 12,641.69 1,438.40 8.330% N/A 08/01/2009 N
136 OF Henderson NV 11,968.87 888.32 7.900% N/A 06/01/2009 N
137 OF Bel Air MD 12,275.77 1,463.69 8.200% N/A 08/01/2009 N
138 OF Las Vegas NV 11,897.14 721.92 8.280% N/A 08/01/2009 N
139 MF College Station TX 10,761.52 1,812.39 7.510% N/A 08/01/2013 N
140 RT Anderson IN 11,178.29 2,584.89 7.890% N/A 10/01/2019 N
141 IN Indianapolis IN 11,789.26 687.93 8.320% N/A 10/01/2009 N
142 RT Eagle-Vail CO 12,094.83 1,247.06 8.550% N/A 10/01/2009 N
143 MF Covington GA 11,469.89 1,396.52 8.120% N/A 09/01/2009 N
144 SS Smithville NJ 11,436.25 1,363.09 8.130% N/A 11/01/2009 N
145 MF Austin TX 11,391.99 744.80 8.090% N/A 10/01/2009 N
146 MF Ashford CT 11,274.10 719.32 8.140% N/A 10/01/2009 N
147 OF Half Moon Bay CA 11,170.69 726.07 8.140% N/A 08/01/2009 N
148 RT Tempe AZ 11,379.63 1,249.67 8.450% N/A 07/01/2009 N
149 MF San Francisco CA 10,940.87 671.09 8.220% N/A 10/01/2009 N
150 OF Rockville Centre NY 10,753.43 706.48 8.080% N/A 10/01/2009 N
151 MF Lubbock TX 10,786.24 706.19 8.110% N/A 09/01/2009 N
152 OF Jacksonville FL 10,866.46 1,240.07 8.300% N/A 09/01/2009 N
153 MF Norman OK 9,500.18 1,723.31 7.270% N/A 09/01/2008 N
154 MH Bokeelia FL 11,047.12 1,122.40 8.590% N/A 10/01/2009 N
155 OF Tacoma WA 10,516.06 1,240.61 8.180% N/A 10/01/2009 N
156 IN Pacoima CA 10,537.39 668.40 8.190% N/A 08/01/2009 N
157 RT Indianapolis IN 10,637.01 2,191.09 8.300% N/A 10/01/2009 N
158 RT Hampton Township PA 9,076.86 1,697.69 7.180% 09/01/2008 09/01/2023 N
159 RT Silverthorne CO 10,257.49 659.73 8.200% N/A 06/01/2009 N
160 MF Ankeny IA 9,896.68 2,258.79 8.030% N/A 07/01/2014 N
161 IN Eagle ID 8,408.04 2,790.32 6.950% N/A 11/01/2018 N
162 MU Nashua NH 10,165.98 1,136.78 8.400% N/A 07/01/2009 N
163 SS Midland TX 10,106.88 1,100.33 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 2,184,672.28 2,182,695.35 03/01/2000 -- -- -- --
111 2,156,348.46 2,155,344.39 03/01/2000 -- -- -- --
112 2,141,276.54 2,139,412.46 04/01/2000 -- -- -- --
113 2,122,165.37 2,121,264.55 04/01/2000 -- -- -- --
114 2,087,709.33 2,086,353.97 04/01/2000 -- -- -- --
115 2,087,004.86 2,086,088.52 03/01/2000 -- -- -- --
116 2,052,972.31 2,050,453.04 03/01/2000 -- -- -- --
117 2,047,446.44 2,045,412.53 03/01/2000 -- -- -- --
118 1,993,387.33 1,992,566.37 03/01/2000 -- -- -- --
119 1,965,833.73 1,964,828.59 03/01/2000 -- -- -- --
120 1,964,822.48 1,963,562.83 04/01/2000 -- -- -- --
121 1,920,497.60 1,919,632.40 03/01/2000 -- -- -- --
122 1,907,067.32 1,904,772.52 03/01/2000 -- -- -- --
123 1,892,331.80 1,890,695.93 03/01/2000 -- -- -- --
124 1,874,683.60 1,873,851.34 04/01/2000 -- -- -- --
125 1,869,782.14 1,868,074.66 04/01/2000 -- -- -- --
126 1,837,049.52 1,835,320.58 03/01/2000 -- -- -- --
127 1,796,322.65 1,795,715.03 04/01/2000 -- -- -- --
128 1,167,410.43 1,166,957.17 03/01/2000 -- -- -- --
129 628,605.63 628,361.57 03/01/2000 -- -- -- --
130 1,795,303.86 1,794,595.92 04/01/2000 -- -- -- --
131 1,793,192.58 1,792,291.07 04/01/2000 -- -- -- --
132 1,783,791.18 1,782,145.28 04/01/2000 -- -- -- --
133 1,771,743.19 1,770,428.32 04/01/2000 -- -- -- --
134 1,762,318.89 1,760,182.57 03/01/2000 -- -- -- --
135 1,762,385.05 1,760,946.65 04/01/2000 -- -- -- --
136 1,759,408.78 1,758,520.46 04/01/2000 -- -- -- --
137 1,738,503.34 1,737,039.65 04/01/2000 -- -- -- --
138 1,668,603.12 1,667,881.20 03/01/2000 -- -- -- --
139 1,664,081.25 1,662,268.86 03/01/2000 -- -- -- --
140 1,645,278.14 1,642,693.25 03/01/2000 -- -- -- --
141 1,645,522.68 1,644,834.75 04/01/2000 -- -- 1 --
142 1,642,761.06 1,641,514.00 04/01/2000 -- -- -- --
143 1,640,378.17 1,638,981.65 04/01/2000 -- -- -- --
144 1,633,555.53 1,632,192.44 03/01/2000 -- -- -- --
145 1,635,278.73 1,634,533.93 04/01/2000 -- -- -- --
146 1,608,415.27 1,607,695.95 03/01/2000 -- -- -- --
147 1,593,662.24 1,592,936.17 04/01/2000 -- -- -- --
148 1,563,911.97 1,562,662.30 03/01/2000 -- -- -- --
149 1,545,683.80 1,545,012.71 04/01/2000 -- -- -- --
150 1,545,526.48 1,544,820.00 03/01/2000 -- -- -- --
151 1,544,508.17 1,543,801.98 03/01/2000 -- -- -- --
152 1,520,375.14 1,519,135.07 04/01/2000 -- -- -- --
153 1,517,533.19 1,515,809.88 04/01/2000 -- -- -- --
154 1,493,470.20 1,492,347.80 03/01/2000 -- -- -- --
155 1,492,934.21 1,491,693.60 04/01/2000 -- -- -- --
156 1,494,135.01 1,493,466.61 04/01/2000 -- -- -- --
157 1,488,271.59 1,486,080.50 03/01/2000 -- -- -- --
158 1,468,087.96 1,466,390.27 04/01/2000 -- -- -- --
159 1,452,673.98 1,452,014.25 04/01/2000 -- -- -- --
160 1,431,247.32 1,428,988.53 04/01/2000 -- -- -- --
161 1,404,917.64 1,402,127.32 04/01/2000 -- -- -- --
162 1,405,434.57 1,404,297.79 04/01/2000 -- -- -- --
163 1,392,291.68 1,391,191.35 04/01/2000 -- -- -- --
<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 9,604.46 575.63 8.290% N/A 09/01/2009 N
165 MF Boca Raton FL 9,155.72 651.97 7.950% N/A 08/01/2009 N
166 MF Phoenix AZ 9,181.26 1,059.91 8.240% N/A 10/01/2009 N
167 MF Monroe LA 9,136.37 1,070.08 8.200% N/A 10/01/2009 N
168 MF Lawrence KS 7,710.89 1,376.51 7.270% N/A 11/01/2008 N
169 OF Houston TX 9,501.26 380.29 9.010% N/A 11/01/2009 N
170 SS Sacramento CA 8,708.63 937.82 8.460% N/A 09/01/2009 N
171 MF Lenexa KS 7,977.39 619.56 7.750% N/A 09/01/2014 N
172 RT Highlands Ranch CO 8,950.89 409.72 8.770% N/A 11/01/2009 N
173 MU New York NY 7,572.69 1,271.80 7.470% 10/01/2008 10/01/2023 N
174 SS Angleton TX 8,458.34 914.05 8.400% N/A 11/01/2009 N
175 OF Sunland Park NM 7,777.55 917.46 8.280% N/A 06/01/2009 N
176 MF Dallas TX 6,694.45 1,235.18 7.220% N/A 09/01/2008 N
177 OF Southlake TX 7,605.18 463.44 8.310% N/A 06/01/2009 N
178 MF Austin TX 7,703.13 382.18 8.620% N/A 11/01/2009 N
179 IN Santa Fe Springs CA 6,285.74 685.06 7.180% N/A 11/01/2003 N
180 IN Scottsdale AZ 7,024.88 464.41 8.090% N/A 09/01/2009 N
181 RT Los Angeles CA 7,468.19 2,622.34 8.660% N/A 10/01/2014 N
182 MF Austin TX 7,006.78 452.55 8.100% N/A 11/01/2009 N
183 MF Lawrence KS 7,536.33 344.96 8.770% N/A 11/01/2009 N
184 MF Phoenix AZ 7,028.00 442.53 8.190% N/A 09/01/2009 N
185 MF Columbus OH 7,234.87 331.17 8.770% N/A 11/01/2009 N
186 MH Fresno CA 6,471.98 365.49 8.370% N/A 11/01/2009 N
187 OF Sunland Park NM 6,363.45 750.65 8.280% N/A 06/01/2009 N
188 MF Norman OK 5,516.23 1,000.63 7.270% N/A 09/01/2008 N
189 MF Bristol CT 5,202.90 1,022.37 7.010% 10/01/2008 10/01/2023 N
190 MF New London CT 6,083.98 355.65 8.340% N/A 09/01/2009 N
191 OF Laton CA 6,539.83 593.34 9.000% N/A 06/01/2009 N
192 OF Southlake TX 6,067.62 326.13 8.520% N/A 08/01/2009 N
193 MF Baton Rouge LA 4,835.27 974.62 6.960% N/A 09/01/2008 N
194 SS El Paso TX 5,587.94 2,173.18 8.250% N/A 09/01/2014 N
195 MF Huntington Beach CA 5,703.29 299.76 8.510% N/A 11/01/2009 N
196 OF Norcross GA 5,686.26 270.96 8.710% N/A 10/01/2009 N
197 MF Arlington TX 5,106.54 365.36 7.940% N/A 08/01/2009 N
198 IN Little Falls NJ 5,563.48 1,923.53 8.730% N/A 10/01/2009 N
199 SS Spring TX 5,280.83 552.18 8.490% N/A 11/01/2009 N
200 OF Allentown PA 5,442.03 500.20 8.860% N/A 10/01/2009 N
201 MF Caro MI 4,888.26 263.46 8.500% N/A 09/01/2009 N
202 MF Hudson NH 5,045.56 872.80 8.890% N/A 11/01/2009 N
203 MF Austin TX 5,108.04 198.63 9.060% N/A 11/01/2006 N
204 MU Queens Village NY 5,033.18 185.63 9.150% N/A 11/01/2009 N
205 MF West Monroe LA 3,673.89 735.51 6.980% N/A 09/01/2008 N
206 SS Houston TX 4,236.77 747.80 8.850% N/A 10/01/2009 N
207 SS Red Bluff CA 3,963.02 419.07 8.510% N/A 09/01/2009 N
- --- -- ----------------------- ------- ------------ ---------- ------ ---------- ---------- ---
Totals -- -- -- 5,213,713.37 458,741.29 -- -- -- --
== ======================= ======= ============ ========== ====== ========== ========== ===
<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 1,345,423.94 1,344,848.31 04/01/2000 -- -- -- --
165 1,337,414.40 1,336,762.43 03/01/2000 -- -- -- --
166 1,293,945.80 1,292,885.89 03/01/2000 -- -- -- --
167 1,293,899.56 1,292,829.48 03/01/2000 -- -- -- --
168 1,231,716.74 1,230,340.23 04/01/2000 -- -- -- --
169 1,224,608.36 1,224,228.07 04/01/2000 -- -- -- --
170 1,195,418.88 1,194,481.06 04/01/2000 -- -- -- --
171 1,195,363.40 1,194,743.84 04/01/2000 -- -- -- --
172 1,185,243.63 1,184,833.91 03/01/2000 -- -- -- --
173 1,177,255.14 1,175,983.34 04/01/2000 -- -- -- --
174 1,169,356.23 1,168,442.18 03/01/2000 -- -- -- --
175 1,090,820.54 1,089,903.08 03/01/2000 -- -- -- --
176 1,076,758.81 1,075,523.63 03/01/2000 -- -- -- --
177 1,062,794.22 1,062,330.78 04/01/2000 -- -- -- --
178 1,037,769.16 1,037,386.98 03/01/2000 -- -- -- --
179 1,016,653.58 1,015,968.52 03/01/2000 -- -- -- --
180 1,008,396.81 1,007,932.40 04/01/2000 -- -- -- --
181 1,001,470.97 998,848.63 03/01/2000 -- -- -- --
182 1,004,555.87 1,004,103.32 03/01/2000 -- -- -- --
183 997,931.83 997,586.87 04/01/2000 -- -- -- --
184 996,525.62 996,083.09 04/01/2000 -- -- -- --
185 958,014.54 957,683.37 03/01/2000 -- -- -- --
186 897,950.16 897,584.67 04/01/2000 -- -- -- --
187 892,489.52 891,738.87 03/01/2000 -- -- -- --
188 881,148.39 880,147.76 04/01/2000 -- -- -- --
189 861,923.36 860,900.99 03/01/2000 -- -- -- --
190 847,154.35 846,798.70 04/01/2000 -- -- -- --
191 843,848.44 843,255.10 04/01/2000 -- -- -- --
192 827,026.33 826,700.20 04/01/2000 -- -- -- --
193 806,774.30 805,799.68 03/01/2000 -- -- -- --
194 786,571.90 784,398.72 04/01/2000 -- -- -- --
195 778,281.91 777,982.15 03/01/2000 -- -- -- --
196 758,140.39 757,869.43 04/01/2000 -- -- -- --
197 746,872.77 746,507.41 03/01/2000 -- -- -- --
198 740,069.96 738,146.43 04/01/2000 -- -- -- --
199 722,330.03 721,777.85 04/01/2000 -- -- -- --
200 713,293.35 712,793.15 04/01/2000 -- -- -- --
201 667,845.14 667,581.68 04/01/2000 -- -- -- --
202 659,095.82 658,223.02 03/01/2000 -- -- -- --
203 654,737.21 654,538.58 03/01/2000 -- -- -- --
204 638,795.54 638,609.91 04/01/2000 -- -- -- --
205 611,239.56 610,504.05 03/01/2000 -- -- -- --
206 555,945.94 555,198.14 04/01/2000 -- -- -- --
207 540,800.65 540,381.58 04/01/2000 -- -- -- --
- --- -------------- -------------- ---------- ---------- ---------- --- ---
Tot 758,729,798.52 758,271,057.23 -- -- 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>
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
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 03/01/2000 267,824.07 267,824.07 A --
3 0 03/01/2000 235,286.23 235,286.23 A --
7 0 03/01/2000 94,673.43 94,673.43 A --
9 0 03/01/2000 86,125.73 86,125.73 A --
10 0 03/01/2000 71,331.87 71,331.87 A --
11 0 03/01/2000 82,175.80 82,175.80 A --
15 0 03/01/2000 66,295.32 66,295.32 A --
16 0 03/01/2000 33,170.68 33,170.68 A --
17 0 03/01/2000 13,759.63 13,759.63 A --
18 0 03/01/2000 8,528.31 8,528.31 A --
19 0 03/01/2000 6,703.61 6,703.61 A --
20 0 03/01/2000 5,474.09 5,474.09 A --
22 0 03/01/2000 62,459.86 62,459.86 A --
24 0 03/01/2000 54,349.39 54,349.39 A --
26 0 03/01/2000 55,409.80 55,409.80 A --
27 0 03/01/2000 49,984.99 49,984.99 A --
28 0 03/01/2000 52,933.53 52,933.53 A --
30 0 03/01/2000 49,259.72 49,259.72 A --
31 0 03/01/2000 48,286.37 48,286.37 A --
32 0 03/01/2000 47,287.52 47,287.52 A --
33 0 03/01/2000 42,963.21 42,963.21 A --
36 0 03/01/2000 42,688.46 42,688.46 B --
37 0 03/01/2000 39,330.46 39,330.46 A --
39 0 03/01/2000 42,504.77 42,504.77 A --
44 0 03/01/2000 37,575.37 37,575.37 A --
46 0 03/01/2000 38,694.00 38,694.00 A --
47 0 03/01/2000 35,103.09 35,103.09 A --
52 0 03/01/2000 35,992.48 35,992.48 A --
53 0 03/01/2000 36,417.35 36,417.35 A --
55 0 03/01/2000 30,916.22 30,916.22 A --
58 0 03/01/2000 33,806.04 33,806.04 A --
60 0 03/01/2000 29,576.42 29,576.42 A --
62 0 03/01/2000 29,326.82 29,326.82 A --
66 0 03/01/2000 27,070.91 27,070.91 A --
67 0 03/01/2000 24,680.55 24,680.55 A --
68 0 03/01/2000 25,894.45 25,894.45 A --
69 0 03/01/2000 24,208.49 24,208.49 A --
74 0 03/01/2000 24,645.02 24,645.02 A --
78 0 03/01/2000 23,864.58 23,864.58 A --
79 0 03/01/2000 24,197.26 24,197.26 A --
80 0 03/01/2000 23,293.77 23,293.77 A --
81 0 03/01/2000 21,279.38 21,279.38 A --
82 0 03/01/2000 23,695.73 23,695.73 A --
87 0 03/01/2000 20,175.76 20,175.76 A --
88 0 03/01/2000 19,905.84 19,905.84 A --
92 0 03/01/2000 17,251.53 17,251.53 A --
94 0 03/01/2000 21,597.80 21,597.80 A --
99 0 03/01/2000 17,893.03 17,893.03 A --
100 0 03/01/2000 18,216.92 18,216.92 A --
103 0 03/01/2000 17,309.94 17,309.94 A --
108 0 03/01/2000 18,176.37 18,176.37 A --
109 0 03/01/2000 18,885.96 18,885.96 A --
110 0 03/01/2000 16,819.96 16,819.96 A --
111 0 03/01/2000 16,044.60 16,044.60 A --
115 0 03/01/2000 15,599.00 15,599.00 B --
116 0 03/01/2000 14,681.99 14,681.99 A --
117 0 03/01/2000 16,103.28 16,103.28 A --
118 0 03/01/2000 15,222.63 15,222.63 A --
119 0 03/01/2000 14,141.28 14,141.28 A --
121 0 03/01/2000 14,293.75 14,293.75 A --
122 0 03/01/2000 13,757.33 13,757.33 A --
123 0 03/01/2000 14,639.34 14,639.34 A --
126 0 03/01/2000 13,988.69 13,988.69 A --
128 0 03/01/2000 8,988.00 8,988.00 A --
129 0 03/01/2000 4,839.69 4,839.69 A --
134 0 03/01/2000 12,607.43 12,607.43 A --
138 0 03/01/2000 12,619.06 12,619.06 A --
139 0 03/01/2000 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 -- -- 36,367,171.13 0.00 -- --
3 -- -- 32,712,917.94 0.00 -- --
7 -- -- 12,169,251.29 0.00 -- --
9 -- -- 11,373,663.01 0.00 -- --
10 -- -- 11,333,273.85 0.00 -- --
11 -- -- 10,969,131.77 0.00 -- --
15 -- -- 9,442,809.16 0.00 -- --
16 -- -- 4,465,141.38 0.00 -- --
17 -- -- 1,752,689.17 0.00 -- --
18 -- -- 1,086,328.12 0.00 -- --
19 -- -- 853,899.79 0.00 -- --
20 -- -- 697,285.01 0.00 -- --
22 -- -- 8,459,128.24 0.00 -- --
24 -- -- 7,462,338.31 0.00 -- --
26 -- -- 7,144,454.71 0.00 -- --
27 -- -- 7,076,742.21 0.00 -- --
28 -- -- 6,983,866.44 0.00 -- --
30 -- -- 6,630,904.45 0.00 -- --
31 -- -- 6,618,665.53 0.00 -- --
32 -- -- 6,475,826.54 0.00 -- --
33 -- -- 6,445,281.44 0.00 -- --
36 -- -- 5,705,011.34 0.00 -- --
37 -- -- 5,687,877.79 0.00 -- --
39 -- -- 5,587,215.00 0.00 -- --
44 -- -- 5,220,362.91 0.00 -- --
46 -- -- 4,989,144.34 0.00 -- --
47 -- -- 4,954,465.06 0.00 -- --
52 -- -- 4,499,775.44 0.00 -- --
53 -- -- 4,480,295.83 0.00 -- --
55 -- -- 4,373,962.29 0.00 -- --
58 -- -- 4,188,749.36 0.00 -- --
60 -- -- 3,994,831.27 0.00 -- --
62 -- -- 3,890,882.89 0.00 -- --
66 -- -- 3,587,706.28 0.00 -- --
67 -- -- 3,580,282.28 0.00 -- --
68 -- -- 3,438,160.14 0.00 -- --
69 -- -- 3,334,006.62 0.00 -- --
74 -- -- 3,236,474.13 0.00 -- --
78 -- -- 3,015,525.90 0.00 -- --
79 -- -- 2,983,758.37 0.00 -- --
80 -- -- 2,982,344.65 0.00 -- --
81 -- -- 2,909,181.50 0.00 -- --
82 -- -- 2,898,426.45 0.00 -- --
87 -- -- 2,787,935.65 0.00 -- --
88 -- -- 2,687,806.43 0.00 -- --
92 -- -- 2,544,057.50 0.00 -- --
94 -- -- 2,517,623.55 0.00 -- --
99 -- -- 2,457,322.64 0.00 -- --
100 -- -- 2,443,036.18 0.00 -- --
103 -- -- 2,376,040.86 0.00 -- --
108 -- -- 2,311,516.51 0.00 -- --
109 -- -- 2,191,655.59 0.00 -- --
110 -- -- 2,184,672.28 0.00 -- --
111 -- -- 2,156,348.46 0.00 -- --
115 -- -- 2,087,004.86 0.00 -- --
116 -- -- 2,052,972.31 0.00 -- --
117 -- -- 2,047,446.44 0.00 -- --
118 -- -- 1,993,387.33 0.00 -- --
119 -- -- 1,965,833.73 0.00 -- --
121 -- -- 1,920,497.60 0.00 -- --
122 -- -- 1,907,067.32 0.00 -- --
123 -- -- 1,892,331.80 0.00 -- --
126 -- -- 1,837,049.52 0.00 -- --
128 -- -- 1,167,410.43 0.00 -- --
129 -- -- 628,605.63 0.00 -- --
134 -- -- 1,762,318.89 0.00 -- --
138 -- -- 1,668,603.12 0.00 -- --
139 -- -- 1,664,081.25 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>
140 0 03/01/2000 13,763.18 13,763.18 A --
144 0 03/01/2000 12,799.34 12,799.34 A --
146 0 03/01/2000 11,993.42 11,993.42 A --
148 0 03/01/2000 12,629.30 12,629.30 A --
150 0 03/01/2000 11,459.91 11,459.91 A --
151 0 03/01/2000 11,492.43 11,492.43 A --
154 0 03/01/2000 12,169.52 12,169.52 A --
157 0 03/01/2000 12,828.10 12,828.10 A --
165 0 03/01/2000 9,807.69 9,807.69 A --
166 0 03/01/2000 10,241.17 10,241.17 A --
167 0 03/01/2000 10,206.45 10,206.45 A --
172 0 03/01/2000 9,360.61 9,360.61 A --
174 0 03/01/2000 9,372.39 9,372.39 A --
175 0 03/01/2000 8,695.01 8,695.01 A --
176 0 03/01/2000 7,929.63 7,929.63 A --
178 0 03/01/2000 8,085.31 8,085.31 A --
179 0 03/01/2000 6,970.80 6,970.80 A --
181 0 03/01/2000 10,090.53 10,090.53 A --
182 0 03/01/2000 7,459.33 7,459.33 A --
185 0 03/01/2000 7,566.04 7,566.04 A --
187 0 03/01/2000 7,114.10 7,114.10 A --
189 0 03/01/2000 6,225.27 6,225.27 A --
193 0 03/01/2000 5,809.89 5,809.89 A --
195 0 03/01/2000 6,003.05 6,003.05 A --
197 0 03/01/2000 5,471.90 5,471.90 A --
202 0 03/01/2000 5,918.36 5,918.36 A --
203 0 03/01/2000 5,306.67 5,306.67 A --
205 0 03/01/2000 4,409.40 4,409.40 A --
- --- - ---------- -------- -------- -- --
96 -- -- 2,746,556.67 2,746,556.67 -- --
=== === ========== ============ ============ === ===
</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>
140 -- -- 1,645,278.14 0.00 -- --
144 -- -- 1,633,555.53 0.00 -- --
146 -- -- 1,608,415.27 0.00 -- --
148 -- -- 1,563,911.97 0.00 -- --
150 -- -- 1,545,526.48 0.00 -- --
151 -- -- 1,544,508.17 0.00 -- --
154 -- -- 1,493,470.20 0.00 -- --
157 -- -- 1,488,271.59 0.00 -- --
165 -- -- 1,337,414.40 0.00 -- --
166 -- -- 1,293,945.80 0.00 -- --
167 -- -- 1,293,899.56 0.00 -- --
172 -- -- 1,185,243.63 0.00 -- --
174 -- -- 1,169,356.23 0.00 -- --
175 -- -- 1,090,820.54 0.00 -- --
176 -- -- 1,076,758.81 0.00 -- --
178 -- -- 1,037,769.16 0.00 -- --
179 -- -- 1,016,653.58 0.00 -- --
181 -- -- 1,001,470.97 0.00 -- --
182 -- -- 1,004,555.87 0.00 -- --
185 -- -- 958,014.54 0.00 -- --
187 -- -- 892,489.52 0.00 -- --
189 -- -- 861,923.36 0.00 -- --
193 -- -- 806,774.30 0.00 -- --
195 -- -- 778,281.91 0.00 -- --
197 -- -- 746,872.77 0.00 -- --
202 -- -- 659,095.82 0.00 -- --
203 -- -- 654,737.21 0.00 -- --
205 -- -- 611,239.56 0.00 -- --
- -- ---------- ---------- -------------- -------- ---------- ----------
96 -- -- 369,312,090.10 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(95 loans) ......... 2,688,269.21 2,688,269.21 361,520,073.90 0.00
Total for Status Code = B (2 loan) .......... 58,287.46 58,287.46 7,792,016.20 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>
04/10/2000 141 12/27/1999 1 1,644,834.75 IN IN 8.320% 1,644,834.75
</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>
04/10/2000 210,980.00 12/31/1999 1.4 -- 10/01/2009 353
</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>
04/10/2000 141 1 -- -- -- -- -- --
</TABLE>
SPECIALLY SERVICED LOAN DETAIL - PART 2, Continued
Offering
Document Comments from
Cross-Ref Special Servicer
04/10/2000 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>
MIMIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Loan Status
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: April, 2000
DATE PRINTED: 10-Apr-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 44,885,724 0 N/A 1.21 N/A PERFORMING PERFORM TO MATURITY
002 36,367,171 0 N/A 0.89 N/A PERFORMING PERFORM TO MATURITY
003 32,712,918 0 333.8% 1.26 N/A PERFORMING PERFORM TO MATURITY
004 20,938,977 0 59.8% 0.95 N/A PERFORMING PERFORM TO MATURITY
005 13,535,567 0 77.3% 1.74 N/A PERFORMING PERFORM TO MATURITY
006 12,454,542 0 N/A 1.27 N/A PERFORMING PERFORM TO MATURITY
007 12,169,251 0 73.8% 0.00 N/A PERFORMING PERFORM TO MATURITY
008 11,643,713 0 71.3% 1.23 N/A PERFORMING PERFORM TO MATURITY
009 11,373,663 0 N/A 0.55 N/A PERFORMING PERFORM TO MATURITY
010 11,333,274 0 74.7% 1.69 N/A PERFORMING PERFORM TO MATURITY
011 10,969,132 0 N/A 1.07 N/A PERFORMING PERFORM TO MATURITY
012 10,963,337 0 N/A 1.02 N/A PERFORMING PERFORM TO MATURITY
013 10,215,690 0 77.4% 1.73 N/A PERFORMING PERFORM TO MATURITY
014 9,932,310 0 53.4% 2.10 N/A PERFORMING PERFORM TO MATURITY
015 9,442,809 0 75.8% 1.59 N/A PERFORMING PERFORM TO MATURITY
016 4,465,141 0 78.7% 1.33 N/A PERFORMING ORIGINATION
017 1,752,689 0 71.5% 1.84 N/A PERFORMING PERFORM TO MATURITY
018 1,086,328 0 66.2% 2.01 N/A PERFORMING PERFORM TO MATURITY
019 853,900 0 69.3% 1.76 N/A PERFORMING PERFORM TO MATURITY
020 697,285 0 69.7% 1.80 N/A PERFORMING PERFORM TO MATURITY
021 8,487,081 0 90.4% 1.46 N/A PERFORMING PERFORM TO MATURITY
022 8,459,128 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 7,462,338 0 72.8% 1.69 N/A PERFORMING PERFORM TO MATURITY
025 7,165,889 0 77.1% 1.60 N/A PERFORMING PERFORM TO MATURITY
026 7,144,455 0 N/A 1.26 N/A PERFORMING PERFORM TO MATURITY
027 7,076,742 0 78.2% 1.37 N/A PERFORMING PERFORM TO MATURITY
028 6,983,866 0 78.9% 1.22 N/A PERFORMING PERFORM TO MATURITY
029 6,868,206 0 73.9% 1.53 N/A PERFORMING PERFORM TO MATURITY
030 6,630,904 0 69.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
031 6,618,666 0 79.7% 1.41 N/A PERFORMING PERFORM TO MATURITY
032 6,475,827 0 75.8% 1.31 N/A PERFORMING PERFORM TO MATURITY
033 6,445,281 0 76.9% 1.42 N/A PERFORMING PERFORM TO MATURITY
034 6,321,119 0 68.7% 1.69 N/A PERFORMING PERFORM TO MATURITY
035 6,198,850 0 71.5% 1.11 N/A PERFORMING PERFORM TO MATURITY
036 5,705,011 3 68.8% 1.49 N/A PERFORMING PERFORM TO MATURITY
037 5,687,878 0 81.3% 1.58 N/A PERFORMING PERFORM TO MATURITY
038 5,619,325 0 65.3% 1.87 N/A PERFORMING PERFORM TO MATURITY
039 5,587,215 0 79.8% 1.32 N/A PERFORMING PERFORM TO MATURITY
040 5,533,435 0 73.5% 1.60 N/A PERFORMING PERFORM TO MATURITY
041 5,425,439 0 77.8% 1.69 N/A PERFORMING ORIGINATION
042 5,414,901 0 75.0% 1.64 N/A PERFORMING ORIGINATION
043 5,376,465 0 77.0% 1.27 N/A PERFORMING PERFORM TO MATURITY
044 5,220,363 0 72.9% 1.27 N/A PERFORMING PERFORM TO MATURITY
045 5,134,577 0 78.3% 1.13 N/A PERFORMING PERFORM TO MATURITY
046 4,989,144 0 N/A 1.41 N/A PERFORMING PERFORM TO MATURITY
047 4,954,465 0 77.4% 1.55 N/A PERFORMING PERFORM TO MATURITY
048 3,289,119 0 74.4% 1.33 N/A PERFORMING ORIGINATION
049 1,639,003 0 73.9% 1.38 N/A PERFORMING PERFORM TO MATURITY
050 4,626,891 0 74.1% 1.25 N/A PERFORMING PERFORM TO MATURITY
051 4,535,400 0 73.1% 2.12 N/A PERFORMING PERFORM TO MATURITY
052 4,499,775 0 72.0% 1.64 N/A PERFORMING PERFORM TO MATURITY
053 4,480,296 0 70.0% 0.00 N/A PERFORMING PERFORM TO MATURITY
054 4,418,924 0 69.4% 1.28 N/A PERFORMING PERFORM TO MATURITY
055 4,373,962 0 77.9% 1.07 N/A PERFORMING PERFORM TO MATURITY
056 4,333,009 0 76.7% 1.59 N/A PERFORMING PERFORM TO MATURITY
057 4,270,346 0 75.8% 1.33 N/A PERFORMING ORIGINATION
058 4,188,749 0 61.1% 1.11 N/A PERFORMING PERFORM TO MATURITY
059 4,082,405 0 49.3% 0.00 N/A PERFORMING PERFORM TO MATURITY
060 3,994,831 0 75.4% 1.46 N/A PERFORMING PERFORM TO MATURITY
061 3,980,648 0 78.8% 1.57 N/A PERFORMING PERFORM TO MATURITY
062 3,890,883 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 3,888,724 0 74.8% 0.00 N/A PERFORMING PERFORM TO MATURITY
064 3,841,494 0 69.6% 2.22 N/A PERFORMING PERFORM TO MATURITY
065 3,794,500 0 70.9% 2.19 N/A PERFORMING PERFORM TO MATURITY
066 3,587,706 0 70.7% 1.34 N/A PERFORMING PERFORM TO MATURITY
067 3,580,282 0 79.6% 2.00 N/A PERFORMING PERFORM TO MATURITY
068 3,438,160 0 76.3% 1.26 N/A PERFORMING PERFORM TO MATURITY
069 3,334,007 0 78.0% 1.34 N/A PERFORMING PERFORM TO MATURITY
070 3,299,175 0 67.2% 2.12 N/A PERFORMING PERFORM TO MATURITY
071 3,290,651 0 68.6% 1.60 N/A PERFORMING PERFORM TO MATURITY
072 3,289,090 0 78.3% 1.42 N/A PERFORMING PERFORM TO MATURITY
073 3,275,187 0 78.9% 0.00 N/A PERFORMING PERFORM TO MATURITY
074 3,236,474 0 72.7% 1.37 N/A PERFORMING PERFORM TO MATURITY
075 3,187,479 0 73.2% 1.59 N/A PERFORMING PERFORM TO MATURITY
076 3,182,481 0 70.7% 0.00 N/A PERFORMING PERFORM TO MATURITY
077 3,126,717 0 74.4% 1.01 N/A PERFORMING PERFORM TO MATURITY
078 3,015,526 0 68.1% 1.57 N/A PERFORMING PERFORM TO MATURITY
079 2,983,758 0 66.9% 1.38 N/A PERFORMING ORIGINATION
080 2,982,345 0 73.9% 1.76 N/A PERFORMING PERFORM TO MATURITY
081 2,909,182 0 74.4% 1.28 N/A PERFORMING PERFORM TO MATURITY
082 2,898,426 0 72.6% 1.52 N/A PERFORMING ORIGINATION
083 2,859,912 0 N/A 1.26 N/A PERFORMING PERFORM TO MATURITY
084 1,294,647 0 N/A 1.27 N/A PERFORMING PERFORM TO MATURITY
085 1,095,470 0 57.7% 1.36 N/A PERFORMING PERFORM TO MATURITY
086 398,353 0 N/A 1.92 N/A PERFORMING PERFORM TO MATURITY
087 2,787,936 0 72.3% 1.45 N/A PERFORMING PERFORM TO MATURITY
088 2,687,806 0 79.6% 1.46 N/A PERFORMING PERFORM TO MATURITY
089 846,763 0 60.5% 1.73 N/A PERFORMING PERFORM TO MATURITY
090 1,811,679 0 71.0% 1.57 N/A PERFORMING PERFORM TO MATURITY
091 2,621,812 0 72.8% 1.81 N/A PERFORMING PERFORM TO MATURITY
092 2,544,058 0 74.8% 2.08 N/A PERFORMING PERFORM TO MATURITY
093 2,504,419 0 62.6% 0.97 N/A PERFORMING PERFORM TO MATURITY
094 2,517,624 0 74.7% 1.60 N/A PERFORMING PERFORM TO MATURITY
095 2,487,434 0 59.1% 1.26 N/A PERFORMING PERFORM TO MATURITY
096 2,491,779 0 78.6% 1.35 N/A PERFORMING ORIGINATION
097 2,490,634 0 68.8% 1.51 N/A PERFORMING PERFORM TO MATURITY
098 2,461,900 0 76.8% 1.31 N/A PERFORMING PERFORM TO MATURITY
099 2,457,323 0 86.2% 1.28 N/A PERFORMING PERFORM TO MATURITY
100 2,443,036 0 71.1% 0.62 N/A PERFORMING ORIGINATION
101 2,417,893 0 74.8% 1.58 N/A PERFORMING PERFORM TO MATURITY
102 2,392,672 0 71.9% 1.02 N/A PERFORMING PERFORM TO MATURITY
103 2,376,041 0 62.9% 1.30 N/A PERFORMING PERFORM TO MATURITY
104 2,369,264 0 73.3% 1.42 N/A PERFORMING PERFORM TO MATURITY
105 2,317,634 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
106 2,316,011 0 79.2% 1.22 N/A PERFORMING PERFORM TO MATURITY
107 2,316,011 0 71.7% 1.32 N/A PERFORMING PERFORM TO MATURITY
108 2,311,517 0 74.5% 1.48 N/A PERFORMING PERFORM TO MATURITY
109 2,191,656 0 70.7% 2.84 N/A PERFORMING PERFORM TO MATURITY
110 2,184,672 0 64.3% 2.26 N/A PERFORMING PERFORM TO MATURITY
111 2,156,348 0 78.6% 0.92 N/A PERFORMING PERFORM TO MATURITY
112 2,139,412 0 69.1% 1.69 N/A PERFORMING PERFORM TO MATURITY
113 2,121,265 0 72.0% 1.14 N/A PERFORMING ORIGINATION
114 2,086,354 0 86.9% 0.00 N/A PERFORMING PERFORM TO MATURITY
115 2,087,005 3 78.5% 1.35 N/A PERFORMING ORIGINATION
116 2,052,972 0 76.7% 1.50 N/A PERFORMING PERFORM TO MATURITY
117 2,047,446 0 69.4% 1.48 N/A PERFORMING PERFORM TO MATURITY
118 1,993,387 0 74.0% 1.63 N/A PERFORMING PERFORM TO MATURITY
119 1,965,834 0 79.4% 1.20 N/A WATCH LIST REVIEW PENDING PERFORM TO MATURITY
120 1,963,563 0 75.5% 1.32 N/A PERFORMING PERFORM TO MATURITY
121 1,920,498 0 50.9% 1.57 N/A PERFORMING PERFORM TO MATURITY
122 1,907,067 0 67.5% 1.08 N/A PERFORMING PERFORM TO MATURITY
123 1,892,332 0 72.6% 1.58 N/A PERFORMING ORIGINATION
124 1,873,851 0 76.0% 1.27 N/A PERFORMING PERFORM TO MATURITY
125 1,868,075 0 70.3% 1.30 N/A PERFORMING PERFORM TO MATURITY
126 1,837,050 0 71.5% 2.07 N/A PERFORMING PERFORM TO MATURITY
127 1,795,715 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
128 1,167,410 0 N/A 0.89 N/A PERFORMING PERFORM TO MATURITY
129 628,606 0 N/A 1.02 N/A PERFORMING PERFORM TO MATURITY
130 1,794,596 0 65.3% 1.17 N/A PERFORMING PERFORM TO MATURITY
131 1,792,291 0 73.9% 1.29 N/A PERFORMING ORIGINATION
132 1,782,145 0 75.2% 1.17 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 1,770,428 0 77.0% 1.69 N/A PERFORMING PERFORM TO MATURITY
134 1,762,319 0 78.3% 1.72 N/A PERFORMING PERFORM TO MATURITY
135 1,760,947 0 74.4% 1.74 N/A PERFORMING PERFORM TO MATURITY
136 1,758,520 0 73.5% 1.32 N/A PERFORMING PERFORM TO MATURITY
137 1,737,040 0 65.7% 2.01 N/A PERFORMING PERFORM TO MATURITY
138 1,668,603 0 76.9% 1.83 N/A PERFORMING PERFORM TO MATURITY
139 1,664,081 0 75.6% 1.74 N/A PERFORMING PERFORM TO MATURITY
140 1,645,278 0 82.4% 1.07 N/A PERFORMING PERFORM TO MATURITY
141 1,644,835 0 N/A 1.40 N/A NON-MONETARY DEFAULT PERFORM TO MATURITY
142 1,641,514 0 64.9% 1.31 N/A PERFORMING ORIGINATION
143 1,638,982 0 63.4% 1.50 N/A PERFORMING PERFORM TO MATURITY
144 1,633,556 0 74.5% 1.37 N/A PERFORMING ORIGINATION
145 1,634,534 0 77.3% 1.62 N/A PERFORMING PERFORM TO MATURITY
146 1,608,415 0 76.0% 0.67 N/A PERFORMING PERFORM TO MATURITY
147 1,592,936 0 63.6% 1.29 N/A PERFORMING PERFORM TO MATURITY
148 1,563,912 0 70.4% 1.66 N/A PERFORMING PERFORM TO MATURITY
149 1,545,013 0 N/A 1.82 N/A PERFORMING PERFORM TO MATURITY
150 1,545,526 0 75.6% 1.28 N/A PERFORMING ORIGINATION
151 1,544,508 0 78.0% 1.48 N/A PERFORMING PERFORM TO MATURITY
152 1,519,135 0 69.8% 1.50 N/A PERFORMING PERFORM TO MATURITY
153 1,515,810 0 68.9% 1.96 N/A PERFORMING PERFORM TO MATURITY
154 1,493,470 0 68.3% 0.56 N/A PERFORMING PERFORM TO MATURITY
155 1,491,694 0 58.2% 1.87 N/A PERFORMING ORIGINATION
156 1,493,467 0 70.8% 1.43 N/A PERFORMING PERFORM TO MATURITY
157 1,488,272 0 60.9% 0.16 N/A PERFORMING ORIGINATION
158 1,466,390 0 63.8% 2.25 N/A PERFORMING PERFORM TO MATURITY
159 1,452,014 0 73.6% 1.23 N/A PERFORMING PERFORM TO MATURITY
160 1,428,989 0 68.4% 1.66 N/A PERFORMING PERFORM TO MATURITY
161 1,402,127 0 63.7% 1.74 N/A PERFORMING PERFORM TO MATURITY
162 1,404,298 0 66.8% 0.88 N/A PERFORMING PERFORM TO MATURITY
163 1,391,191 0 69.6% 1.59 N/A PERFORMING PERFORM TO MATURITY
164 1,344,848 0 N/A 0.00 N/A WATCH LIST REVIEW PENDING PERFORM TO MATURITY
165 1,337,414 0 77.2% 1.42 N/A PERFORMING PERFORM TO MATURITY
166 1,293,946 0 72.6% 1.21 N/A PERFORMING PERFORM TO MATURITY
167 1,293,900 0 76.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
168 1,230,340 0 78.1% 1.56 N/A PERFORMING PERFORM TO MATURITY
169 1,224,228 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
170 1,194,481 0 70.3% 1.46 N/A PERFORMING PERFORM TO MATURITY
171 1,194,744 0 76.2% 1.31 N/A PERFORMING ORIGINATION
172 1,185,244 0 N/A 1.16 N/A PERFORMING PERFORM TO MATURITY
173 1,175,983 0 67.3% 1.31 N/A PERFORMING PERFORM TO MATURITY
174 1,169,356 0 69.8% 1.60 N/A PERFORMING PERFORM TO MATURITY
175 1,090,821 0 72.0% 1.65 N/A PERFORMING PERFORM TO MATURITY
176 1,076,759 0 71.1% 1.65 N/A PERFORMING PERFORM TO MATURITY
177 1,062,331 0 74.1% 1.36 N/A PERFORMING PERFORM TO MATURITY
178 1,037,769 0 N/A 1.99 N/A PERFORMING PERFORM TO MATURITY
179 1,016,654 0 70.1% 1.63 N/A PERFORMING PERFORM TO MATURITY
180 1,007,932 0 70.1% 1.64 N/A PERFORMING PERFORM TO MATURITY
181 1,001,471 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
182 1,004,556 0 68.3% 0.00 N/A PERFORMING PERFORM TO MATURITY
183 997,587 0 N/A 1.16 N/A PERFORMING PERFORM TO MATURITY
184 996,083 0 68.6% 1.59 N/A PERFORMING PERFORM TO MATURITY
185 958,015 0 79.8% 1.93 N/A PERFORMING PERFORM TO MATURITY
186 897,585 0 56.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
187 892,490 0 72.2% 2.02 N/A PERFORMING PERFORM TO MATURITY
188 880,148 0 66.6% 2.54 N/A PERFORMING PERFORM TO MATURITY
189 861,923 0 78.4% 0.31 N/A PERFORMING PERFORM TO MATURITY
190 846,799 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
191 843,255 0 N/A 1.79 N/A PERFORMING PERFORM TO MATURITY
192 826,700 0 73.5% 1.46 N/A PERFORMING PERFORM TO MATURITY
193 806,774 0 66.7% 1.66 N/A PERFORMING PERFORM TO MATURITY
194 784,399 0 61.3% 1.54 N/A PERFORMING ORIGINATION
195 778,282 0 50.2% 1.33 N/A PERFORMING PERFORM TO MATURITY
196 757,869 0 N/A 1.42 N/A PERFORMING PERFORM TO MATURITY
197 746,873 0 73.5% 1.54 N/A PERFORMING PERFORM TO MATURITY
198 738,146 0 52.7% 0.00 N/A PERFORMING PERFORM TO MATURITY
199 721,778 0 72.1% 1.62 N/A PERFORMING PERFORM TO MATURITY
200 712,793 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
201 667,582 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
202 659,096 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>
203 654,737 0 N/A 1.31 N/A PERFORMING PERFORM TO MATURITY
204 638,610 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
205 611,240 0 73.2% 1.22 N/A PERFORMING PERFORM TO MATURITY
206 555,198 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
207 540,382 0 75.5% 1.55 N/A PERFORMING PERFORM TO MATURITY
- --- ------------- --- ------ ---- --- ------------------------- ------------------------------
TOTAL 758,487,126
=============
</TABLE>
Page - 31
<PAGE>
<TABLE>
MIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Loan Terms
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: April, 2000
DATE PRINTED: 10-Apr-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 44,885,724 10/28/1999 11/01/2029 355 8.580% F 348,566
002 36,367,171 08/26/1999 09/01/2029 113 8.000% F 267,824
003 32,712,918 06/25/1999 07/01/2029 111 7.740% F 235,286
004 20,938,977 11/01/1999 11/01/2029 115 8.060% F 154,970
005 13,535,567 08/18/1999 09/01/2029 113 7.430% F 94,442
006 12,454,542 09/07/1999 10/01/2029 114 7.760% F 89,638
007 12,169,251 09/29/1999 10/01/2029 78 8.600% F 94,673
008 11,643,713 06/18/1999 07/01/2029 111 8.180% F 87,323
009 11,373,663 10/29/1999 11/01/2029 115 8.310% F 86,126
010 11,333,274 10/26/1998 11/01/2028 103 6.320% F 71,332
011 10,969,132 09/30/1999 10/01/2029 114 8.190% F 82,176
012 10,963,337 09/20/1999 10/01/2029 114 8.090% F 81,405
013 10,215,690 08/31/1998 09/01/2028 101 6.700% F 66,980
014 9,932,310 07/09/1999 08/01/2024 112 8.650% F 81,536
015 9,442,809 05/19/1999 06/01/2029 110 7.480% F 66,295
016 4,465,141 09/07/1999 10/01/2029 114 8.100% F 33,171
017 1,752,689 09/08/1999 10/01/2029 114 8.700% F 13,760
018 1,086,328 09/08/1999 10/01/2029 114 8.700% F 8,528
019 853,900 09/08/1999 10/01/2029 114 8.700% F 6,704
020 697,285 09/08/1999 10/01/2029 114 8.700% F 5,474
021 8,487,081 07/30/1998 08/01/2028 340 6.890% F 56,845
022 8,459,128 10/13/1999 11/01/2029 115 8.040% F 62,460
023 7,867,425 08/09/1999 09/01/2029 113 7.990% F 57,912
024 7,462,338 09/15/1999 10/01/2029 114 7.890% F 54,349
025 7,165,889 08/18/1999 09/01/2029 113 7.430% F 49,999
026 7,144,455 10/25/1999 11/01/2029 115 8.570% F 55,410
027 7,076,742 09/21/1999 10/01/2029 114 7.570% F 49,985
028 6,983,866 09/03/1999 10/01/2029 114 8.320% F 52,934
029 6,868,206 07/19/1999 08/01/2029 112 7.980% F 50,534
030 6,630,904 09/23/1999 10/01/2029 114 8.100% F 49,260
031 6,618,666 06/25/1999 07/01/2029 111 7.890% F 48,286
032 6,475,827 08/20/1999 09/01/2029 113 7.910% F 47,288
033 6,445,281 06/23/1998 07/01/2028 99 6.860% F 42,963
034 6,321,119 10/13/1999 11/01/2024 115 8.370% F 50,577
035 6,198,850 05/20/1999 06/01/2024 110 7.960% F 48,150
036 5,705,011 08/12/1999 09/01/2029 113 8.170% F 42,688
037 5,687,878 01/15/1998 02/01/2028 94 7.190% F 39,330
038 5,619,325 10/13/1999 11/01/2024 115 8.370% F 44,962
039 5,587,215 10/15/1999 11/01/2029 115 8.360% F 42,505
040 5,533,435 05/06/1998 06/01/2023 98 7.420% F 41,643
041 5,425,439 10/22/1999 11/01/2029 115 8.380% F 41,367
042 5,414,901 09/01/1999 10/01/2029 114 8.300% F 41,000
043 5,376,465 08/03/1999 09/01/2029 113 7.770% F 38,761
044 5,220,363 05/14/1999 06/01/2029 110 7.740% F 37,575
045 5,134,577 10/11/1999 11/01/2029 115 7.940% F 37,574
046 4,989,144 10/25/1999 11/01/2029 115 8.570% F 38,694
047 4,954,465 12/15/1997 01/01/2028 153 7.440% F 35,103
048 3,289,119 09/03/1999 10/01/2029 114 8.130% F 24,514
049 1,639,003 08/04/1999 09/01/2024 113 8.130% F 12,877
050 4,626,891 08/19/1999 09/01/2029 113 8.000% F 34,091
051 4,535,400 09/08/1999 10/01/2029 114 8.230% F 34,119
052 4,499,775 04/08/1998 05/01/2023 121 8.160% F 35,992
053 4,480,296 09/30/1999 10/01/2024 114 8.560% F 36,417
054 4,418,924 03/27/1998 04/01/2028 96 7.180% F 30,485
055 4,373,962 05/21/1999 06/01/2029 110 7.550% F 30,916
056 4,333,009 10/17/1998 11/01/2023 103 6.640% F 30,300
057 4,270,346 04/21/1999 05/01/2029 109 7.760% F 30,828
058 4,188,749 10/13/1999 05/01/2027 115 8.790% F 33,806
059 4,082,405 10/05/1999 11/01/2024 115 8.670% F 33,485
060 3,994,831 04/29/1998 05/01/2028 97 7.950% F 29,576
061 3,980,648 06/30/1999 07/01/2029 111 8.160% F 29,798
062 3,890,883 10/08/1999 11/01/2029 115 8.260% F 29,327
063 3,888,724 10/20/1999 11/01/2029 115 8.080% F 28,835
064 3,841,494 08/05/1998 09/01/2028 101 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 3,794,500 08/28/1998 10/01/2023 102 7.260% F 28,034
066 3,587,706 08/11/1999 09/01/2029 113 8.260% F 27,071
067 3,580,282 06/09/1999 07/01/2029 111 7.300% F 24,681
068 3,438,160 08/06/1999 09/01/2029 113 8.240% F 25,894
069 3,334,007 06/25/1999 07/01/2029 111 7.840% F 24,208
070 3,299,175 08/12/1998 09/01/2028 341 6.890% F 22,041
071 3,290,651 10/15/1999 11/01/2029 115 8.160% F 24,583
072 3,289,090 09/24/1999 10/01/2029 114 8.120% F 24,491
073 3,275,187 10/05/1998 11/01/2028 343 6.900% F 21,866
074 3,236,474 06/10/1999 07/01/2029 75 8.350% F 24,645
075 3,187,479 06/18/1999 07/01/2029 111 8.270% F 24,104
076 3,182,481 08/11/1999 09/01/2024 293 9.130% F 27,140
077 3,126,717 07/28/1999 08/01/2024 112 8.210% F 24,752
078 3,015,526 08/23/1999 10/01/2027 114 8.610% F 23,865
079 2,983,758 08/26/1999 09/01/2024 113 8.520% F 24,197
080 2,982,345 08/06/1999 09/01/2024 113 8.070% F 23,294
081 2,909,182 05/27/1999 06/01/2029 110 7.910% F 21,279
082 2,898,426 09/02/1999 10/01/2024 114 8.630% F 23,696
083 2,859,912 09/13/1999 10/01/2024 114 8.450% F 23,053
084 1,294,647 10/26/1999 11/01/2024 115 8.880% F 10,803
085 1,095,470 10/26/1999 11/01/2024 115 8.880% F 9,141
086 398,353 10/26/1999 11/01/2024 115 8.880% F 3,324
087 2,787,936 07/28/1999 08/01/2029 112 7.810% F 20,176
088 2,687,806 06/24/1999 07/01/2029 51 8.050% F 19,906
089 846,763 07/30/1998 08/01/2028 100 7.030% F 5,739
090 1,811,679 07/30/1998 08/01/2028 100 7.030% F 12,279
091 2,621,812 09/22/1999 10/01/2029 114 8.340% F 19,925
092 2,544,058 07/31/1998 09/01/2028 101 7.050% F 17,252
093 2,504,419 08/23/1999 09/01/2014 173 8.510% F 25,155
094 2,517,624 07/09/1999 08/01/2019 112 8.190% F 21,598
095 2,487,434 10/15/1999 11/01/2024 115 7.840% F 19,031
096 2,491,779 09/09/1999 10/01/2029 114 8.140% F 18,589
097 2,490,634 08/30/1999 09/01/2029 113 8.360% F 18,975
098 2,461,900 08/19/1998 09/01/2028 341 6.870% F 16,415
099 2,457,323 01/09/1998 02/01/2028 94 7.740% F 17,893
100 2,443,036 09/07/1999 10/01/2029 114 8.140% F 18,217
101 2,417,893 05/27/1999 06/01/2029 170 7.980% F 17,811
102 2,392,672 09/03/1999 10/01/2029 114 8.410% F 18,301
103 2,376,041 09/16/1998 10/01/2023 102 7.110% F 17,310
104 2,369,264 07/21/1999 08/01/2029 112 8.060% F 17,563
105 2,317,634 10/13/1999 11/01/2024 115 8.530% F 18,792
106 2,316,011 08/16/1999 09/01/2029 113 8.240% F 17,451
107 2,316,011 08/06/1999 09/01/2029 113 8.240% F 17,451
108 2,311,517 08/20/1999 09/01/2024 113 8.150% F 18,176
109 2,191,656 09/24/1999 10/01/2024 114 9.280% F 18,886
110 2,184,672 07/21/1999 08/01/2024 112 7.890% F 16,820
111 2,156,348 06/16/1999 07/01/2029 111 8.100% F 16,045
112 2,139,412 10/28/1999 11/01/2024 115 7.950% F 16,523
113 2,121,265 09/03/1999 10/01/2029 114 8.280% F 16,032
114 2,086,354 09/17/1999 10/01/2026 237 8.140% F 15,989
115 2,087,005 10/04/1999 11/01/2029 115 8.170% F 15,599
116 2,052,972 08/14/1998 09/01/2023 101 6.880% F 14,682
117 2,047,446 06/04/1998 07/01/2023 99 7.980% F 16,103
118 1,993,387 08/24/1999 09/01/2029 113 8.390% F 15,223
119 1,965,834 09/10/1999 10/01/2029 114 7.760% F 14,141
120 1,963,563 01/08/1998 02/01/2028 35 7.610% F 14,135
121 1,920,498 09/10/1999 05/01/2025 114 8.120% F 14,294
122 1,907,067 08/11/1998 09/01/2023 101 6.980% F 13,757
123 1,892,332 10/01/1999 10/01/2024 115 7.980% F 14,639
124 1,873,851 09/30/1999 10/01/2029 114 8.160% F 14,005
125 1,868,075 07/12/1999 08/01/2024 112 7.850% F 14,347
126 1,837,050 06/04/1999 07/01/2024 111 7.750% F 13,989
127 1,795,715 10/13/1999 11/01/2029 115 8.820% F 14,251
128 1,167,410 10/11/1999 11/01/2029 115 8.490% F 8,988
129 628,606 10/11/1999 11/01/2029 115 8.490% F 4,840
130 1,794,596 09/29/1999 10/01/2029 114 8.470% F 13,802
131 1,792,291 08/23/1999 09/01/2029 113 7.840% F 13,008
132 1,782,145 05/28/1999 06/01/2024 110 7.880% F 13,750
133 1,770,428 06/26/1998 07/01/2028 339 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 1,762,319 09/04/1998 10/01/2023 102 6.900% F 12,607
135 1,760,947 07/13/1999 08/01/2024 112 8.330% F 14,080
136 1,758,520 05/26/1999 06/01/2029 110 7.900% F 12,857
137 1,737,040 07/14/1999 08/01/2024 112 8.200% F 13,739
138 1,668,603 07/21/1999 08/01/2029 112 8.280% F 12,619
139 1,664,081 07/22/1998 08/01/2023 160 7.510% F 12,574
140 1,645,278 09/28/1999 10/01/2019 234 7.890% F 13,763
141 1,644,835 09/23/1999 10/01/2029 114 8.320% F 12,477
142 1,641,514 09/08/1999 10/01/2024 114 8.550% F 13,342
143 1,638,982 08/04/1999 09/01/2024 113 8.120% F 12,866
144 1,633,556 10/05/1999 11/01/2024 115 8.130% F 12,799
145 1,634,534 09/10/1999 10/01/2029 114 8.090% F 12,137
146 1,608,415 09/10/1999 10/01/2029 114 8.140% F 11,993
147 1,592,936 07/06/1999 08/01/2029 112 8.140% F 11,897
148 1,563,912 06/03/1999 07/01/2024 111 8.450% F 12,629
149 1,545,013 09/21/1999 10/01/2029 114 8.220% F 11,612
150 1,545,526 09/22/1999 10/01/2029 114 8.080% F 11,460
151 1,544,508 08/13/1999 09/01/2029 113 8.110% F 11,492
152 1,519,135 08/23/1999 09/01/2009 113 8.300% F 12,107
153 1,515,810 08/03/1998 09/01/2023 101 7.270% F 11,223
154 1,493,470 09/20/1999 10/01/2024 114 8.590% F 12,170
155 1,491,694 09/10/1999 10/01/2024 114 8.180% F 11,757
156 1,493,467 07/21/1999 08/01/2029 112 8.190% F 11,206
157 1,488,272 09/08/1999 10/01/2019 114 8.300% F 12,828
158 1,466,390 08/20/1998 09/01/2023 281 7.180% F 10,775
159 1,452,014 05/25/1999 06/01/2029 110 8.200% F 10,917
160 1,428,989 06/21/1999 07/01/2019 171 8.030% F 12,155
161 1,402,127 10/20/1998 11/01/2018 223 6.950% F 11,198
162 1,404,298 06/03/1999 07/01/2024 111 8.400% F 11,303
163 1,391,191 08/13/1999 09/01/2024 113 8.430% F 11,207
164 1,344,848 08/30/1999 09/01/2029 113 8.290% F 10,180
165 1,337,414 07/15/1999 08/01/2029 112 7.950% F 9,808
166 1,293,946 09/21/1999 10/01/2024 114 8.240% F 10,241
167 1,293,900 09/27/1999 10/01/2024 114 8.200% F 10,206
168 1,230,340 10/08/1998 11/01/2023 103 7.270% F 9,087
169 1,224,228 10/22/1999 11/01/2029 115 9.010% F 9,882
170 1,194,481 08/02/1999 09/01/2024 113 8.460% F 9,646
171 1,194,744 08/18/1999 09/01/2029 173 7.750% F 8,597
172 1,185,244 10/13/1999 11/01/2029 115 8.770% F 9,361
173 1,175,983 09/10/1998 10/01/2023 282 7.470% F 8,844
174 1,169,356 10/01/1999 11/01/2024 115 8.400% F 9,372
175 1,090,821 05/28/1999 06/01/2024 110 8.280% F 8,695
176 1,076,759 08/19/1998 09/01/2023 101 7.220% F 7,930
177 1,062,331 05/17/1999 06/01/2009 110 8.310% F 8,069
178 1,037,769 10/08/1999 11/01/2029 115 8.620% F 8,085
179 1,016,654 10/28/1998 11/01/2028 43 7.180% F 6,971
180 1,007,932 08/02/1999 09/01/2029 113 8.090% F 7,489
181 1,001,471 09/14/1999 10/01/2014 174 8.660% F 10,091
182 1,004,556 10/05/1999 11/01/2029 115 8.100% F 7,459
183 997,587 10/18/1999 11/01/2029 115 8.770% F 7,881
184 996,083 08/05/1999 09/01/2029 113 8.190% F 7,471
185 958,015 10/14/1999 11/01/2029 115 8.770% F 7,566
186 897,585 10/15/1999 11/01/2029 115 8.370% F 6,837
187 892,490 06/02/1999 06/01/2024 110 8.280% F 7,114
188 880,148 08/03/1998 09/01/2023 101 7.270% F 6,517
189 861,923 09/17/1998 10/01/2023 282 7.010% F 6,225
190 846,799 08/25/1999 09/01/2029 113 8.340% F 6,440
191 843,255 05/12/1999 06/01/2024 110 9.000% F 7,133
192 826,700 07/08/1999 08/01/2029 112 8.520% F 6,394
193 806,774 08/11/1998 09/01/2023 101 6.960% F 5,810
194 784,399 08/26/1999 09/01/2014 173 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>
195 778,282 10/15/1999 11/01/2029 115 8.510% F 6,003
196 757,869 09/28/1999 10/01/2029 114 8.710% F 5,957
197 746,873 07/26/1999 08/01/2009 112 7.940% F 5,472
198 738,146 09/22/1999 10/01/2014 114 8.730% F 7,487
199 721,778 10/06/1999 11/01/2024 115 8.490% F 5,833
200 712,793 09/13/1999 10/01/2024 114 8.860% F 5,942
201 667,582 08/12/1999 09/01/2029 113 8.500% F 5,152
202 659,096 10/29/1999 11/01/2019 115 8.890% F 5,918
203 654,737 10/07/1999 11/01/2029 79 9.060% F 5,307
204 638,610 10/18/1999 11/01/2029 115 9.150% F 5,219
205 611,240 08/11/1998 09/01/2023 101 6.980% F 4,409
206 555,198 09/28/1999 10/01/2019 114 8.850% F 4,985
207 540,382 08/02/1999 09/01/2024 113 8.510% F 4,382
- --- ------------- ---------- ---------- ---- -------- ----- -----------
TOTAL 758,487,126
===========
</TABLE>
Page - 35
<PAGE>
<TABLE>
MIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Property Description
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: April, 2000
DATE PRINTED: 10-Apr-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 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 Multifamily 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 -- 1970 N/A N/A N/A N/A N/A
129 1 Manufactured ERIN NY -- 1970 149 N/A N/A N/A N/A
129 2 Manufactured ERIN NY -- 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: March, 2000
DATE PRINTED: 10-Mar-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 5,095,379 6/30/99 BORROWER N/A N/A N/A N/A 89.0% 6/30/99
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 926,900 7/1/99 12/30/99 BORROWER 96.4% 12/31/99
003 2 971,498 3/1/99 BORROWER 498,192 7/1/99 12/30/99 BORROWER 91.7% 12/31/99
003 3 753,811 3/1/99 BORROWER 377,204 7/1/99 12/30/99 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 92.5% 12/31/99
007 1 1,128,619 12/31/98 BORROWER N/A N/A N/A N/A 100.0% 8/1/99
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 N/A N/A N/A 382,093 1/1/99 8/31/99 BORROWER 100.0% 10/1/99
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 496,541 1/1/99 7/31/99 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 1 706,288 12/31/98 BORROWER 602,392 1/1/99 11/30/99 BORROWER 98.6% 12/2/99
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 1 117,391 N/A UNDERWRITER 446,595 1/1/99 9/30/99 BORROWER 100.0% 9/30/99
044 1 439,532 12/31/98 SELLER 107,327 5/12/99 6/30/99 BORROWER 100.0% 8/31/99
045 1 511,280 12/31/99 BORROWER N/A N/A N/A N/A 94.0% 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>
046 1 561,458 12/31/98 BORROWER N/A N/A N/A N/A 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 1 502,890 N/A UNDERWRITER 352,055 1/1/99 9/30/99 BORROWER 100.0% 9/7/99
056 1 580,438 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/31/99
057 1 510,585 N/A UNDERWRITER 131,735 5/1/99 7/31/99 BORROWER 89.0% 4/9/99
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 235,284 1/1/99 5/31/99 BORROWER N/A N/A
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 1 480,782 12/31/98 BORROWER 322,224 1/1/99 8/31/99 BORROWER 100.0% 9/1/99
072 1 418,468 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 9/22/99
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 1 401,355 N/A UNDERWRITER 192,657 1/1/99 9/30/99 BORROWER 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 1 124,139 12/31/98 BORROWER 91,526 1/1/99 7/31/99 BORROWER 99.0% 7/31/99
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 1 140,688 12/31/98 BORROWER 85,048 1/1/99 7/31/99 BORROWER N/A N/A
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 N/A N/A N/A N/A 91.7% 7/26/99
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 1 316,211 N/A UNDERWRITER 420,194 1/1/99 10/30/99 BORROWER 96.0% 8/26/99
093 1 250,447 N/A UNDERWRITER 221,123 1/1/99 9/30/99 BORROWER 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 1 136,616 12/31/99 BORROWER N/A N/A N/A N/A 89.0% 3/7/00
101 1 307,418 N/A UNDERWRITER 311,948 1/1/99 9/20/99 BORROWER 96.8% 10/31/99
102 1 225,681 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 N/A N/A N/A N/A N/A N/A
106 1 89,712 N/A UNDERWRITER 45,789 8/1/99 9/30/99 BORROWER 100.0% 9/30/99
107 1 277,217 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 8/1/99
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 1 528,216 N/A UNDERWRITER 375,468 1/1/99 9/30/99 BORROWER 100.0% 11/1/99
111 1 177,338 12/31/99 BORROWER N/A N/A N/A N/A 84.0% 12/31/99
112 1 335,711 N/A UNDERWRITER N/A N/A N/A N/A 99.0% 7/20/99
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 1/1/99 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 1 263,656 N/A UNDERWRITER 117,994 1/1/99 6/30/99 BORROWER 100.0% 6/24/99
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 1 243,909 N/A UNDERWRITER 153,155 1/1/99 9/30/99 BORROWER 94.7% 9/30/99
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 1 297,719 12/31/98 BORROWER 247,401 1/1/99 9/30/99 BORROWER 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 100.0% 9/7/99
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 1 206,640 N/A UNDERWRITER 167,656 1/1/99 9/30/99 BORROWER 97.1% 11/30/99
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 1 207,299 N/A UNDERWRITER 181,135 1/1/99 8/31/99 BORROWER 100.0% 8/27/99
156 1 216,625 N/A UNDERWRITER 34,327 8/1/99 9/30/99 BORROWER 100.0% 9/30/99
157 1 128,220 N/A UNDERWRITER 12,651 1/1/99 6/30/99 UNDERWRITER 95.6% 6/17/99
158 1 201,910 N/A UNDERWRITER 254,819 1/1/99 9/30/99 BORROWER 100.0% 11/9/99
159 1 125,194 N/A UNDERWRITER 123,828 4/1/99 12/31/99 BORROWER 100.0% 12/31/99
160 1 218,337 N/A UNDERWRITER 192,220 1/1/99 9/30/99 BORROWER 84.3% 9/30/99
161 1 234,654 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/31/99
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 61,100 1/1/99 3/31/99 UNDERWRITER 94.0% 4/30/99
164 1 N/A N/A N/A 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 93,559 N/A UNDERWRITER 128,276 10/1/98 6/30/99 UNDERWRITER 95.0% 9/1/99
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 86,601 1/1/99 6/30/99 BORROWER 100.0% 10/6/99
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 40,106 8/1/99 9/30/99 BORROWER 100.0% 10/1/99
181 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
182 1 117,861 12/31/98 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 N/A N/A N/A N/A N/A N/A N/A N/A N/A
187 1 125,798 N/A UNDERWRITER 14,276 9/1/99 9/30/99 BORROWER 100.0% 9/30/99
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 1 120,223 N/A UNDERWRITER 98,401 1/1/99 9/30/99 BORROWER 100.0% 9/30/99
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 87,180 12/31/98 FILE 64,038 1/1/99 8/30/99 FILE N/A N/A
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 96.9% 9/29/99
198 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
</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>
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 N/A N/A N/A N/A 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: April, 2000
DATE PRINTED: 10-Apr-00
LOAN 001 - 1: Latest Annual Statement Comment: 06/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 002 - 1: Latest Annual Statement Comment: 12/31/1999 -
PROPERTY TAXES AND INSURANCE PER LOAN SERVICING. LEASING COMMISSIONS INCLUDE
BROKERAGE COMMISSIONS.
LOAN 003 - 3: Latest Annual Statement Comment: 03/01/1999 -
DEBT SERVICE PRORATED (23.4%) BASED ON UNDERWRITTEN NOI. Partial Year
Statement Comment: 12/30/1999 - DEBT SERVICE PRORATED (23.4%) BASED ON
UNDERWRITTEN NOI.
LOAN 003 - 2: Latest Annual Statement Comment: 03/01/1999 -
DEBT SERVICE PRORATED (29.6%) BASED ON UNDERWRITTEN NOI. Partial Year
Statement Comment: 12/30/1999 - DEBT SERVICE PRORATED (29.6%) BASED ON
UNDERWRITTEN NOI.
LOAN 003 - 1: Latest Annual Statement Comment: 03/01/1999 -
DEBT SERVICE PRORATED (47%) BASED ON UNDERWRITTEN NOI. Partial Year
Statement Comment: 12/30/1999 - DEBT SERVICE PRORATED (47%) BASED ON
UNDERWRITTEN NOI.
LOAN 004 - 1: Latest Annual Statement Comment: 12/31/1999 -
LOW DSCR DUE TO HIGH TENANT TURNOVER IN 1999.
LOAN 005 - 1: Partial Year Statement Comment: 12/31/1999 -
BORROWER ONLY REPORTED 5 MONTHS AS LOAN ORIGINATED 8/18/1999.
LOAN 006 - 1:
LOAN 007 - 1: Latest Annual Statement Comment: 12/31/1998 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 008 - 1: Latest Annual Statement Comment: 12/31/1999 -
1998 FIGURES ARE FROM UNDERWRITTING. DATA IN LINE WITH BASELINE.
LOAN 009 - 1:
LOAN 010 - 3: Latest Annual Statement Comment: 12/31/1999 -
INSURANCE PER BORROWER. DEBT SERVICE WAS PRORATED BASED ON UNDERWRITING NOI.
LOAN 010 - 2: Latest Annual Statement Comment: 12/31/1999 -
INSURANCE PER BORROWER. DEBT SERVICE WAS PRORATED BASED ON UNDERWRITING NOI.
VARIANCES DUE TO CHANGES IN CATEGORIZATION.
LOAN 010 - 1: Latest Annual Statement Comment: 12/31/1999 -
DEBT SERVICE WAS PRORATED BASED ON UNDERWRITING NOI.
LOAN 010 - 4: Latest Annual Statement Comment: 12/31/1999 -
INSURANCE PER BORROWER. DEBT SERVICE WAS PRORATED BASED ON UNDERWRITING NOI.
LOAN 011 - 1:
LOAN 012 - 1: Latest Annual Statement Comment: 12/31/1999 -
NO HISTORICAL DATA FOR FURTHER ANALYSIS.
LOAN 013 - 1:
LOAN 014 - 1: Latest Annual Statement Comment: 12/31/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM.
LOAN 015 - 1: Partial Year Statement Comment: 12/31/1999 -
LOAN ORIGINATED 5/19/99.
Page - 45
<PAGE>
LOAN 016 - 1: Latest Annual Statement Comment: 12/31/1999 -
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: 12/31/1999 -
DSCR INCREASE REFLECTS AN INCREASE IN OCCUPANCY.
LOAN 020 - 1:
LOAN 020 - 2:
LOAN 021 - 1: Latest Annual Statement Comment: 12/31/1999 -
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: 10/31/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 024 - 1:
LOAN 025 - 1: Partial Year Statement Comment: 12/31/1999 -
LOAN ORIGINATED 8/18/1999.
LOAN 026 - 1:
LOAN 027 - 1:
LOAN 028 - 1:
LOAN 029 - 1: Partial Year Statement Comment: 12/31/1999 -
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: 12/31/1999 -
DECREASE IN OTHER INCOME DUE TO DECREASE IN LATE CHARGES AND LAUNDRY INCOME.
LOAN 034 - 1: Latest Annual Statement Comment: 12/31/1999 -
PROPERTY TAX AND INSURANCE PER LOAN SERVICING.
LOAN 035 - 1:
LOAN 036 - 1:
LOAN 037 - 1:
LOAN 038 - 1: Latest Annual Statement Comment: 12/31/1999 -
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: Partial Year Statement Comment: 11/30/1999 -
NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM
LOAN 040 - 1: Latest Annual Statement Comment: 12/31/1998 -
NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING. Partial Year Statement
Comment: 09/30/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING
SYSTEM
LOAN 041 - 1:
LOAN 042 - 1:
Page - 46
<PAGE>
LOAN 043 - 1: Latest Annual Statement Comment: 04/30/1999 -
NO INCOME GIVEN FOR TRAILING 12 MONTH STATEMENT - USED FOR BASELINE EXPENSE
STABILIZATION ONLY. Partial Year Statement Comment: 09/30/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 044 - 1: Partial Year Statement Comment: 06/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 045 - 1:
LOAN 046 - 1: Latest Annual Statement Comment: 12/31/1998 -
PROPERTY TAXES AND INSURANCE NORMALIZED PER LOAN SERVICING SYSTEM.
LOAN 047 - 1:
LOAN 048 - 1:
LOAN 049 - 1:
LOAN 050 - 1: Partial Year Statement Comment: 06/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 051 - 1: Partial Year Statement Comment: 12/31/1999 -
LOAN ORIGINATED IN 9/18/99, STATEMENT ONLY RELECTS 3 MONTHS INFORMATION.
LOAN 052 - 1: Latest Annual Statement Comment: 12/31/1999 -
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: 12/31/1999 -
CAPITAL EXPENSES INCLUDE ROOF AND HVAC IMPROVEMENTS.
LOAN 057 - 1:
LOAN 058 - 1:
LOAN 059 - 1:
LOAN 060 - 1: Latest Annual Statement Comment: 12/31/1999 -
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: 12/31/1999 -
DSCR INCREASE REFLECTS INCREASE IN RENTS AND OCCUPANCY.
LOAN 065 - 1: Latest Annual Statement Comment: 12/31/1999 -
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: 12/31/1999 -
LOAN ORGINATED 6/15/99.
LOAN 068 - 1:
LOAN 069 - 1: Latest Annual Statement Comment: 12/31/1999 -
VARIANCE IN R&M AND UTILITIES DUE TO CATEGORIZATION.
Page - 47
<PAGE>
LOAN 070 - 1: Latest Annual Statement Comment: 12/31/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING INFORMATION. OTHER
INCOME INCREASED DUE TO AN INCREASE IN WATER & SEWER INCOME.
LOAN 071 - 1: Partial Year Statement Comment: 08/31/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 072 - 1:
LOAN 073 - 1: Latest Annual Statement Comment: 12/31/1998 -
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: 03/31/1999 -
NORMALIZED PROEPRTY TAXES AND INSURANCE PER SERVICNG SYSTEM Partial Year
Statement Comment: 12/31/1999 - 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:
LOAN 078 - 1: Latest Annual Statement Comment: 12/31/1999 -
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 WERENOT
DONE IN 1999.
LOAN 079 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 080 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 081 - 1: Partial Year Statement Comment: 12/31/1999 -
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: 04/30/1999 -
SIX MONTH ANNUALIZED STATEMENT.
LOAN 083 - 4:
LOAN 083 - 1:
LOAN 083 - 3:
LOAN 083 - 2:
LOAN 084 - 1: Partial Year Statement Comment: 07/31/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 084 - 3:
LOAN 084 - 2:
LOAN 085 - 1: Partial Year Statement Comment: 07/31/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 085 - 2:
LOAN 085 - 3:
Page - 48
<PAGE>
LOAN 086 - 1: Latest Annual Statement Comment: 12/31/1999 -
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:
LOAN 087 - 1:
LOAN 088 - 1: Latest Annual Statement Comment: 12/31/1999 -
UNABLE TO CONTACT BORROWER TO DISCUSS INCREASE IN REVENUES.
LOAN 089 - 1: Latest Annual Statement Comment: 12/31/1999 -
BORROWER DID NOT REPORT PROPERTY TAX OR INSURANCE.NORMALIZED INSURANCE PER BASE
LINE
LOAN 090 - 1: Latest Annual Statement Comment: 12/31/1999 -
BORROWER DID NOT REPORT PROPERTY TAX OR INSURANCE EXPENSE. NORMALIZED INSURANCE
PER BASE LINE.
LOAN 091 - 1:
LOAN 092 - 1: Partial Year Statement Comment: 10/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM. BORROWER DID NOT
REPORT PROPERTY TAXES OR INSURANCE.
LOAN 093 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 094 - 1: Latest Annual Statement Comment: 12/31/1999 -
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: 12/31/1999 -
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: 12/31/1999 -
INCREASE DSCR REFLECTS AN INCREASE IN RENTS.
LOAN 100 - 1:
LOAN 101 - 1: Latest Annual Statement Comment: 12/31/1998 -
See comment log pertaining to capital expenses for 1998 and other expense
comments. Partial Year Statement Comment: 09/20/1999 - NORMALIZED PROPERTY
TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 102 - 1:
LOAN 103 - 1: Partial Year Statement Comment: 06/30/1999 -
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: 12/31/1999 -
BORROWER DID NOT REPORT PROPERTY TAX.
LOAN 105 - 1:
LOAN 106 - 1: Latest Annual Statement Comment: 12/31/1998 -
HISTORICAL EXPENSES HAVE BEEN TRACKED TO A CERTAIN DEGREE WHILE INCOME FROM
RENTWAS NOT BECAUSE THE OWNER DID NOT HAVE LEASES ON ALL OF THE SPACES. Partial
Year Statement Comment:09/30/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER
SERVICING SYSTEM
LOAN 107 - 1:
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<PAGE>
LOAN 108 - 1: Partial Year Statement Comment: 12/31/1999 -
LOAN ORIGINATED 8/20/99. NORMALIZED PROFESSIONAL FEES AS ONE-TIME CLOSING
COSTS.
LOAN 109 - 1:
LOAN 110 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 111 - 1: Latest Annual Statement Comment: 12/31/1999 -
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: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 114 - 1:
LOAN 115 - 1:
LOAN 116 - 1: Latest Annual Statement Comment: 12/31/1999 -
INCREASED DSCR REFLECTS AN INCREASE IN RENTS.
LOAN 117 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 118 - 1:
LOAN 119 - 1: Status Comment: Property contains a lease
that has the potential of being encumbered by the restructuring of JP Penney.
LOAN 120 - 1: Latest Annual Statement Comment: 12/31/1998 -
NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING. Partial Year Statement
Comment: 06/30/1999 - NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING.
LOAN 121 - 1:
LOAN 122 - 1: Latest Annual Statement Comment: 12/31/1999 -
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: 12/31/1999 -
DECREASED DSCR REFLECTS INCREASES IN CONTRACT LABOR, MARKETING, AND LEGAL
EXPENSES.
LOAN 126 - 1:
LOAN 127 - 1: Latest Annual Statement Comment: 12/31/1998 -
PROPERTY TAXES AND INSURANCE NORMALIZED PER BORROWER.
LOAN 128 - 1: Latest Annual Statement Comment: 12/31/1999 -
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: 12/31/1999 -
STATEMENT OF ERIN ESTATE ONLY. NO HISTORICAL INFORMATION FOR FURTHER ANALYSIS.
LOAN 130 - 1:
LOAN 131 - 1:
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<PAGE>
LOAN 132 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 133 - 1: Latest Annual Statement Comment: 12/31/1998 -
NORMALIZED PROPERTY TAX AMOUNT PER LOAN SERVICING SYSTEM. Partial Year
Statement Comment: 09/30/1999 - NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM
LOAN 134 - 1:
LOAN 135 - 1:
LOAN 136 - 1: Latest Annual Statement Comment: 12/31/1999 -
LOAN ORIGINATED 5/26/99.
LOAN 137 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 138 - 1:
LOAN 139 - 1: Partial Year Statement Comment: 10/31/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 140 - 1:
LOAN 141 - 1: Status Comment: Loan is current, the
principal of the managing member of the Bwr. enity has filed for Bankruptcy,
not the Bwr. enity nor the managing member. Monitoring to determine if Trust's
interests are at risk. The property is 100% occ. and shows a strong DSCR.
LOAN 142 - 1: Latest Annual Statement Comment: 12/31/1999 -
LOAN ORIGINATED 9/8/99. NORMALIZED PROFESSIONAL FEES AS ONE-TIME CLOSING COSTS.
LOAN 143 - 1:
LOAN 144 - 1: Latest Annual Statement Comment: 12/31/1999 -
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: 12/31/1999 -
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: 12/31/1999 -
LOAN ORIGINATED 7/6/99.
LOAN 148 - 1:
LOAN 149 - 1:
LOAN 150 - 1:
LOAN 151 - 1: Latest Annual Statement Comment: 12/31/1999 -
INCREASED DSCR REFLECTS AN DECREASE IN TOTAL OPERATING EXPENSES.
LOAN 152 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 153 - 1:
LOAN 154 - 1: Latest Annual Statement Comment: 12/31/1999 -
LOW DSCR REFLECTS PROPERTY ACQUIRED 2/99 REQUIRING A SIGNIFICANT AMOUNT OF R&M
PLUS OTHER EXPENSES.
LOAN 155 - 1: Partial Year Statement Comment: 08/31/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM.
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<PAGE>
LOAN 156 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 157 - 1:
LOAN 158 - 1: Latest Annual Statement Comment: 12/31/1998 -
NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM. Partial
Year Statement Comment:09/30/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER
SERVICING SYSTEM. BORROWER DID NOT REPORT PROPERTY TAXES OR INSURANCE.
LOAN 159 - 1: Partial Year Statement Comment: 12/31/1999 -
LOAN ORIGINATED 5/25/99.
LOAN 160 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 161 - 1: Latest Annual Statement Comment: 12/31/1999 -
BORROWER DID NOT REPORT TAX EXPENSE.
LOAN 162 - 1: Latest Annual Statement Comment: 12/31/1999 -
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:
LOAN 164 - 1: Status Comment: Loan is currently delinquent
due to the borrower stopping payment on the check. Another check has been
reissued, however Midland has not received funds.
LOAN 165 - 1: Latest Annual Statement Comment: 12/31/1999 -
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: 12/31/1999 -
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: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 171 - 1:
LOAN 172 - 1:
LOAN 173 - 1: Partial Year Statement Comment: 06/30/1999 -
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:
LOAN 176 - 1:
LOAN 177 - 1:
LOAN 178 - 1:
LOAN 179 - 1:
LOAN 180 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAX, INSURANCE, AND CAPITAL EXPENSES PER LOAN SERVICING
SYSTEM.
LOAN 181 - 1:
Page - 52
<PAGE>
LOAN 182 - 1: Latest Annual Statement Comment: 12/31/1998 -
PROPERTY TAXES AND INSURANCE NORMALIZED PER BORROWER.
LOAN 183 - 1: Latest Annual Statement Comment: 12/31/1999 -
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: 12/31/1999 -
INCREASED DSCR REFLECTS INCRESAE IN RENTS.
LOAN 185 - 1: Partial Year Statement Comment: 06/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM. BORROWER DID
NOT REPORT PROPERTY TAX INFORMATION.
LOAN 186 - 1:
LOAN 187 - 1:
LOAN 188 - 1:
LOAN 189 - 1: Latest Annual Statement Comment: 12/31/1999 -
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:
LOAN 193 - 1: Latest Annual Statement Comment: 12/31/1999 -
INCREASE IN BASE RENT IS DUE TO INCREASE IN UNIT RENTAL RATES.
LOAN 194 - 1:
LOAN 195 - 1: Latest Annual Statement Comment: 12/31/1998 -
PROPERTY TAXES AND INSURANCE NORMALIZED PER BORROWER. Partial Year Statement
Comment: 08/30/1999 - PROPERTY TAXES AND INSURANCE NORMALIZED PER BORROWER.
LOAN 196 - 1:
LOAN 197 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAX, INSURANCE AND CAPITAL EXPENSES PER LOAN SERVICING
SYSTEM.
LOAN 198 - 1:
LOAN 199 - 1:
LOAN 200 - 1:
LOAN 201 - 1:
LOAN 202 - 1:
LOAN 203 - 1: Partial Year Statement Comment: 06/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 204 - 1:
LOAN 205 - 1:
LOAN 206 - 2: Latest Annual Statement Comment: 12/31/1998 -
DSCR IS PRORATED AT 64% OF NOI.
LOAN 206 - 1: Latest Annual Statement Comment: 12/31/1998 -
DSCR IS PRORATED AT 36% PER NOI.
LOAN 207 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
Page - 53
