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) March 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 March 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
March 10, 2000.
Loan data files as of the March 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: March 10, 2000
EXHIBIT INDEX
Sequential
Document Page Number
Monthly Remittance Statement to the Certificateholders 3
dated as of March 10, 2000
Loan data file as of the March 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: 03/10/2000
Record Date: 02/29/2000
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% 123,351,000.00 122,453,452.27 786,920.03 725,536.70
A-1B ... 69348HAC2 7.330000% 433,652,000.00 433,652,000.00 0.00 2,648,890.97
A-2 .... 69348HAD0 7.510000% 39,922,000.00 39,922,000.00 0.00 249,845.18
A-3 .... 69348HAE8 7.660000% 34,218,000.00 34,218,000.00 0.00 218,424.90
A-4 .... 69348HAF5 7.850000% 13,308,000.00 13,308,000.00 0.00 87,056.50
B-1 .... 69348HAG3 7.897715% 24,713,000.00 24,713,000.00 0.00 162,646.86
B-2 .... 69348HAH1 7.897715% 9,505,000.00 9,505,000.00 0.00 62,556.49
B-3 .... 69348HAJ7 7.100000% 26,615,000.00 26,615,000.00 0.00 157,472.08
B-4 .... 69348HAK4 7.100000% 7,604,000.00 7,604,000.00 0.00 44,990.33
B-5 .... 69348HAL2 7.100000% 6,654,000.00 6,654,000.00 0.00 39,369.50
B-6 .... 69348HAM0 6.850000% 10,455,000.00 10,455,000.00 0.00 59,680.63
B-7 .... 69348HAN8 6.850000% 7,604,000.00 7,604,000.00 0.00 43,406.17
B-8 .... 69348HAP3 6.850000% 5,703,000.00 5,703,000.00 0.00 32,554.63
C ...... 69348HAQ1 6.850000% 7,605,000.00 7,605,000.00 0.00 43,411.88
D ...... 69348HAR9 6.850000% 9,505,266.00 9,505,266.00 0.00 53,916.11
E ...... N/A 0.000000% 0.00 0.00 0.00 0.00
R-I .... N/A 0.000000% 0.00 0.00 0.00 0.00
R-II ... N/A 0.000000% 0.00 0.00 0.00 0.00
R-III .. N/A 0.000000% 0.00 0.00 0.00 0.00
--------- -------- -------------- -------------- ---------- ------------
-- -- 760,414,266.00 759,516,718.27 786,920.03 4,629,758.93
======== ============== ============== ========== ============
</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 1,512,456.73 121,666,532.24 0.00%
A-1B ... 0.00 0.00 2,648,890.97 433,652,000.00 0.00%
A-2 .... 0.00 0.00 249,845.18 39,922,000.00 0.00%
A-3 .... 0.00 0.00 218,424.90 34,218,000.00 0.00%
A-4 .... 0.00 0.00 87,056.50 13,308,000.00 0.00%
B-1 .... 0.00 0.00 162,646.86 24,713,000.00 0.00%
B-2 .... 0.00 0.00 62,556.49 9,505,000.00 0.00%
B-3 .... 0.00 0.00 157,472.08 26,615,000.00 0.00%
B-4 .... 0.00 0.00 44,990.33 7,604,000.00 0.00%
B-5 .... 0.00 0.00 39,369.50 6,654,000.00 0.00%
B-6 .... 0.00 0.00 59,680.63 10,455,000.00 0.00%
B-7 .... 0.00 0.00 43,406.17 7,604,000.00 0.00%
B-8 .... 0.00 0.00 32,554.63 5,703,000.00 0.00%
C ...... 0.00 0.00 43,411.88 7,605,000.00 0.00%
D ...... 0.00 0.00 53,916.11 9,505,266.00 0.00%
E ...... 0.00 0.00 0.00 0.00 0.00%
R-I .... 0.00 0.00 0.00 0.00 0.00%
R-II ... 0.00 0.00 0.00 0.00 0.00%
R-III .. 0.00 0.00 0.00 0.00 0.00%
---------- ---------- ------------ -------------- -------
0.00 0.00 5,416,678.96 758,729,798.24 --
========== ========== ============ ============== =======
<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 0.582376% 760,414,266.00 759,516,718.27 368,603.62 0.00 368,603.62 758,729,798.24
========= ======== ============== ============== ========== ========== ========== ==============
</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 992.72362826 6.37951885 5.88188746 0.00000000 0.00000000 986.34410941
A-1B .. 69348HAC2 1,000.00000000 0.00000000 6.10833334 0.00000000 0.00000000 1000.00000000
A-2 ... 69348HAD0 1,000.00000000 0.00000000 6.25833325 0.00000000 0.00000000 1000.00000000
A-3 ... 69348HAE8 1,000.00000000 0.00000000 6.38333333 0.00000000 0.00000000 1000.00000000
A-4 ... 69348HAF5 1,000.00000000 0.00000000 6.54166667 0.00000000 0.00000000 1000.00000000
B-1 ... 69348HAG3 1,000.00000000 0.00000000 6.58142921 0.00000000 0.00000000 1000.00000000
B-2 ... 69348HAH1 1,000.00000000 0.00000000 6.58142977 0.00000000 0.00000000 1000.00000000
B-3 ... 69348HAJ7 1,000.00000000 0.00000000 5.91666654 0.00000000 0.00000000 1000.00000000
B-4 ... 69348HAK4 1,000.00000000 0.00000000 5.91666623 0.00000000 0.00000000 1000.00000000
B-5 ... 69348HAL2 1,000.00000000 0.00000000 5.91666667 0.00000000 0.00000000 1000.00000000
B-6 ... 69348HAM0 1,000.00000000 0.00000000 5.70833381 0.00000000 0.00000000 1000.00000000
B-7 ... 69348HAN8 1,000.00000000 0.00000000 5.70833377 0.00000000 0.00000000 1000.00000000
B-8 ... 69348HAP3 1,000.00000000 0.00000000 5.70833421 0.00000000 0.00000000 1000.00000000
C ..... 69348HAQ1 1,000.00000000 0.00000000 5.70833399 0.00000000 0.00000000 1000.00000000
D ..... 69348HAR9 1,000.00000000 0.00000000 5.67223579 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 998.81965953 0.48474054 0.00000000 997.78480253
</TABLE>
Page - 5
<PAGE>
RECONCILIATION DETAIL
ADVANCE SUMMARY
P&I Advances Outstanding 2,347,901.18
Servicing Advances Outstanding 0.00
Reimbursement for Interest on Advances 0.00
SERVICING FEE SUMMARY
Current Period Accrued Servicing Fees 52,253.66
Less Servicing Fees on Delinquent Payments 22,618.42
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 16,904.82
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 46,540.06
<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 ...... 368,603.62 0.00 368,603.62 0.00 0.00 368,603.62 0.00
A-1A ... 725,536.70 0.00 725,536.70 0.00 0.00 725,536.70 0.00
A-1B ... 2,648,890.97 0.00 2,648,890.97 0.00 0.00 2,648,890.97 0.00
A-2 .... 249,845.18 0.00 249,845.18 0.00 0.00 249,845.18 0.00
A-3 .... 218,424.90 0.00 218,424.90 0.00 0.00 218,424.90 0.00
A-4 .... 87,056.50 0.00 87,056.50 0.00 0.00 87,056.50 0.00
B-1 .... 162,646.86 0.00 162,646.86 0.00 0.00 162,646.86 0.00
B-2 .... 62,556.49 0.00 62,556.49 0.00 0.00 62,556.49 0.00
B-3 .... 157,472.08 0.00 157,472.08 0.00 0.00 157,472.08 0.00
B-4 .... 44,990.33 0.00 44,990.33 0.00 0.00 44,990.33 0.00
B-5 .... 39,369.50 0.00 39,369.50 0.00 0.00 39,369.50 0.00
B-6 .... 59,680.63 0.00 59,680.63 0.00 0.00 59,680.63 0.00
B-7 .... 43,406.17 0.00 43,406.17 0.00 0.00 43,406.17 0.00
B-8 .... 32,554.63 0.00 32,554.63 0.00 0.00 32,554.63 0.00
C ...... 43,411.88 0.00 43,411.88 0.00 0.00 43,411.88 0.00
D ...... 54,259.23 0.00 54,259.23 0.00 343.12 53,916.11 1,029.77
E ...... 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total .. 4,998,705.67 0.00 4,998,705.67 0.00 343.12 4,998,362.55 1,029.77
</TABLE>
Page - 6
<PAGE>
OTHER REQUIRED INFORMATION
Available Distribution Amount 5,785,282.58
Aggregate Number of Outstanding Loans 207
Aggregate Stated Principal Balance of Loans 758,729,798.52
Aggregate Unpaid Principal Balance of Loans 759,063,361.70
Aggregate Amount of Servicing Fee 46,540.06
Aggregate Amount of Special Servicing Fee 343.12
Aggregate Amount of Trustee Fee 1,455.77
Aggregate Trust Fund Expenses 0.00
Deferred Interest Received 0
Default Interest Received 0.00
Interest Reserve Deposit 0.00
Interest Reserve Withdraw 166,880.42
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 ................ 1 398,628.67 0.05 116 8.8800 1.820000
500,001 to 750,000 ........... 13 8,576,916.61 1.13 111 8.5518 1.435745
750,001 to 1,000,000 ......... 16 13,835,053.19 1.82 115 8.1743 1.453837
1,000,001 to 1,250,000 ....... 18 20,028,149.77 2.64 116 8.2047 1.492029
1,250,001 to 1,500,000 ....... 15 21,089,691.08 2.78 124 8.1294 1.398941
1,500,001 to 1,750,000 ....... 18 28,993,974.10 3.82 123 8.1087 1.425381
1,750,001 to 2,000,000 ....... 19 35,015,593.60 4.62 107 7.8635 1.432728
2,000,001 to 3,000,000 ....... 34 83,041,004.39 10.94 117 8.0655 1.413558
3,000,001 to 4,000,000 ....... 20 69,549,197.17 9.17 109 7.9390 1.460371
4,000,001 to 5,000,000 ....... 13 58,236,572.19 7.68 116 7.9711 1.409941
5,000,001 to 6,000,000 ....... 10 54,724,987.15 7.21 111 7.9639 1.257488
6,000,001 to 7,000,000 ....... 8 52,556,637.81 6.93 112 7.9276 1.285422
7,000,001 to 8,000,000 ....... 5 36,724,729.55 4.84 115 7.8922 1.476481
8,000,001 to 9,000,000 ....... 2 16,954,277.78 2.23 108 7.4638 1.380276
9,000,001 to 11,500,000 7 .... 74,250,704.17 9.79 111 7.6743 1.512227
11,500,001 to 15,500,000 ..... 4 49,822,504.94 6.57 105 7.9737 1.102916
15,500,001 to 34,500,000 ..... 2 53,661,470.67 7.07 114 7.8649 1.387115
34,500,001 or Greater ........ 2 81,269,705.68 10.71 115 8.3205 1.232374
Totals ....................... -- -- -- -- -- --
207 758,729,798.52 100.00 113 7.9825 1.371806
=== ============== ====== === ====== ========
<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 14,662,982.80 1.93 107 7.8695 1.369988
Arkansas ..................... 5 8,855,343.47 1.17 115 8.3975 1.544781
California ................... 31 114,090,031.83 15.04 115 8.0804 1.527577
Colorado ..................... 8 22,845,701.70 3.01 106 8.2672 1.407051
Connecticut 5 ................ 10,635,588.01 1.40 114 8.3409 1.276329
Florida ...................... 17 60,242,937.99 7.94 113 8.1050 1.375248
Georgia ...................... 9 21,807,238.23 2.87 125 8.0357 1.397565
Idaho ........................ 1 1,404,917.64 0.19 224 6.9500 1.640000
Indiana ...................... 4 9,916,099.70 1.31 135 8.0488 1.116505
Iowa ......................... 1 1,431,247.32 0.19 172 8.0300 1.550000
Kansas ....................... 5 7,152,153.34 0.94 98 7.5618 1.224102
Kentucky ..................... 1 5,705,011.34 0.75 114 8.1700 1.340000
Louisiana .................... 5 6,381,365.79 0.84 108 7.5977 1.471622
Maryland ..................... 3 11,812,526.31 1.56 113 7.9385 1.410645
Massachusetts ................ 7 41,112,821.04 5.42 113 7.9666 1.009477
Michigan ..................... 4 48,784,716.65 6.43 114 8.0219 1.268327
Minnesota .................... 3 12,837,259.86 1.69 116 8.4034 1.383235
Mississippi 1 ................ 2,156,348.46 0.28 112 8.1000 1.370000
Nebraska ..................... 1 5,587,215.00 0.74 116 8.3600 1.380000
Nevada ....................... 2 3,428,011.90 0.45 112 8.0850 1.279205
New Hampshire ................ 4 12,612,652.24 1.66 103 7.1611 1.431178
New Jersey ................... 5 16,707,787.05 2.20 114 8.1995 1.488799
New Mexico ................... 2 1,983,310.06 0.26 111 8.2800 1.631500
New York ..................... 11 70,602,416.38 9.31 118 8.4679 1.226571
Ohio ......................... 3 6,072,642.21 0.80 108 7.4521 1.305619
Oklahoma ..................... 8 47,732,340.46 6.29 111 7.4081 1.489448
Oregon ....................... 3 4,580,852.69 0.60 107 7.4870 1.539855
Pennsylvania ................. 10 35,464,944.42 4.67 109 7.3751 1.303414
Tennessee .................... 2 14,539,627.23 1.92 85 8.5120 1.074775
Texas ........................ 31 88,080,347.80 11.61 113 7.8545 1.431981
Utah ......................... 2 4,177,430.04 0.55 113 8.1837 0.776678
Vermont ...................... 1 3,798,785.10 0.50 103 7.2600 2.140000
Virginia ..................... 6 26,822,302.30 3.54 113 7.9647 1.419116
Washington ................... 2 5,915,002.00 0.78 102 7.4324 1.579616
Wisconsin .................... 2 8,789,840.16 1.16 112 7.9496 1.587882
--- -------------- ------ --- ------ --------
Totals ....................... 212 758,729,798.52 100.00 113 7.9825 1.371806
=== ============== ====== === ====== ========
<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 64,040,180.80 8.44 105 6.7487 1.525773
7.001% to 7.250% ............. 10 22,113,822.74 2.91 97 7.1374 1.489262
7.251% to 7.500% ............. 11 52,837,048.79 6.96 114 7.4077 1.613842
7.501% to 7.750% ............. 9 58,502,624.64 7.71 112 7.6948 1.31511
7.751% to 8.000% ............. 30 148,852,061.10 19.62 115 7.9175 1.28637
8.001% to 8.250% ............. 51 174,092,728.02 22.95 116 8.1328 1.346121
8.251% to 8.500% ............. 38 101,058,961.63 13.32 114 8.3455 1.345172
8.501% to 8.750% ............. 25 114,649,143.68 15.11 113 8.5935 1.346692
8.751% to 9.000% ............. 12 14,688,846.33 1.94 116 8.8287 1.212971
9.001% or Greater ............ 5 7,894,380.79 1.04 112 9.1488 1.76583
- ------------------------------ --- -------------- ------ --- ------ --------
Totals ....................... 207 758,729,798.52 100.00 113 7.9825 1.371806
=== ============== ====== === ====== ========
<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 ............ 168 636,846,929.69 83.94 115 8.1566 1.340806
13 to 24 months .............. 35 106,818,380.86 14.08 104 7.0241 1.556181
25 to 36 months .............. 4 15,064,487.97 1.99 107 7.4167 1.370694
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 ....................... 207 758,729,798.52 100.00 113 7.9825 1.371806
=== ============== ====== === ====== ========
<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 2,087,709.33 0.28 238 8.1400 NAP
Less than Zero ............... 1 5,379,234.24 0.71 114 7.7700 -0.249999
Zero to 1.19 ................. 20 69,696,963.67 9.19 109 8.2150 0.879773
1.20 to 1.21 ................. 9 79,190,729.90 10.44 115 8.3541 1.209244
1.22 to 1.29 ................. 39 179,030,713.77 23.60 114 8.0600 1.262582
1.30 to 1.34 ................. 26 68,859,515.41 9.08 112 7.9748 1.31999
1.35 to 1.39 ................. 16 64,471,265.30 8.50 114 8.0362 1.378298
1.40 and Greater ............. 95 290,013,666.90 38.22 112 7.7699 1.64281
- ------------------------------ --- -------------- ------ --- ------ --------
Totals ....................... 207 758,729,798.52 100.00 113 7.9825 1.371806
=== ============== ====== === ====== ========
<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 (3)
<CAPTION>
% of Weighted
# of Scheduled Aggregate WAM Average
Property Type Loans Balance Balance (2) WAC DSCR (1)
<S> <C> <C> <C> <C> <C> <C>
Credit Tenant Lease .......... 1 2,087,709.33 0.28 238 8.1400 NAP
Industrial ................... 17 39,415,630.02 5.19 115 8.0268 1.332417
Lodging ...................... 6 31,965,492.48 4.21 113 8.4259 1.917203
Manufactured Housing ......... 6 18,208,516.70 2.40 99 7.0767 1.564327
Mixed Use .................... 7 25,453,252.87 3.35 114 8.3502 1.078973
Multifamily 84 ............... 295,269,440.08 38.92 112 7.7357 1.374363
Office ....................... 37 134,684,591.47 17.75 112 8.1776 1.416138
Retail ....................... 43 200,858,493.96 26.47 114 8.1401 1.275693
Self Storage ................. 11 10,786,671.61 1.42 120 8.5176 1.431695
--- -------------- ------ --- ------ --------
Totals ....................... 212 758,729,798.52 100.00 113 7.9825 1.371806
=== ============== ====== === ====== ========
<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 ........... 110 415,166,506.44 54.72 108 7.7460 1.393615
115 to 119 months ............ 85 317,962,158.14 41.91 116 8.2974 1.343223
120 to 199 months ............ 6 16,164,013.12 2.13 151 7.8036 1.432562
200 months or greater ........ 1 2,087,709.33 0.28 238 8.1400 NAP
--- -------------- ------ --- ------ --------
Totals ....................... 202 751,380,387.03 99.03 112 7.9816 1.373071
=== ============== ====== === ====== ========
<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
115 to 119 months ............ 0 0.00 0.00 0 0.0000 0
120 to 199 months ............ 3 4,299,215.71 0.57 174 8.4974 1.183002
200 months or greater ........ 2 3,050,195.78 0.40 230 7.4570 1.327147
- ------------------------------ --- -------------- ------ --- ------ --------
Totals ....................... 5 7,349,411.49 0.97 197 8.0656 1.242826
=== ============== ====== === ====== ========
<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 7,392,254.18 0.97 125 8.3473 1.194176
239 to 298 months ............ 67 148,901,360.46 19.63 114 8.0844 1.543583
299 to 312 months ............ 0 0.00 0.00 0 0.0000 0
313 months and greater ....... 129 595,086,772.39 78.43 112 7.9514 1.333227
- ------------------------------ --- -------------- ------ --- ------ --------
Totals ....................... 202 751,380,387.03 99.03 112 7.9816 1.373071
=== ============== ====== === ====== ========
<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 .... 59 221,557,833.10 29.20 116 8.1365 1.31461
1 year or less ............... 65 305,533,968.19 40.27 114 7.9415 1.428493
1 to 2 years ................. 83 231,637,997.23 30.53 109 7.8891 1.352254
2 years or greater ........... 0 0.00 0.00 0 0.0000 0.000000
- ------------------------------ --- -------------- ------ --- ------ --------
Totals ....................... 207 758,729,798.52 100.00 113 7.9825 1.371806
=== ============== ====== === ====== ========
<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 310,613.66 37,951.97 8.580% 11/01/2009 11/01/2029 N
2 RT Lansing MI 234,580.45 33,243.62 8.000% N/A 09/01/2009 N
3 MF Various Various 204,159.12 31,127.11 7.740% N/A 07/01/2009 N
4 OF Palo Alto CA 136,136.58 18,833.25 8.060% N/A 11/01/2009 N
5 MF Oklahoma City OK 81,140.38 13,301.76 7.430% N/A 09/01/2009 N
6 MF Tulsa OK 77,967.51 11,670.42 7.760% N/A 10/01/2009 N
7 OF Memphis TN 84,377.20 10,296.23 8.600% N/A 10/01/2006 N
8 MU Boston MA 76,829.46 10,493.63 8.180% N/A 07/01/2009 N
9 MF New York NY 76,203.62 9,922.11 8.310% N/A 11/01/2009 N
10 MH York PA 57,768.01 13,563.86 6.320% N/A 11/01/2008 N
11 MF Lauderhill FL 72,433.12 9,742.68 8.190% N/A 10/01/2009 N
12 RT Jensen Beach FL 71,544.28 9,861.03 8.090% N/A 10/01/2009 N
13 MF El Paso TX 55,242.85 11,737.01 6.700% N/A 09/01/2008 N
14 LO Los Angeles CA 69,346.08 12,189.97 8.650% N/A 08/01/2009 N
15 MF Kingwood TX 56,954.46 9,340.86 7.480% N/A 06/01/2009 N
16 MF North Little Rock AR 29,161.21 4,009.47 8.100% N/A 10/01/2009 N
17 RT North Little Rock AR 12,293.70 1,465.93 8.700% N/A 10/01/2009 N
18 RT North Little Rock AR 7,619.72 908.59 8.700% N/A 10/01/2009 N
19 RT Sherwood AR 5,989.42 714.19 8.700% N/A 10/01/2009 N
20 RT North Little Rock AR 4,890.89 583.20 8.700% N/A 10/01/2009 N
21 RT Manchester/Hooksett NH 48,822.38 8,022.89 6.890% 08/01/2008 08/01/2028 N
22 RT Washington Township MI 54,836.33 7,623.53 8.040% N/A 11/01/2009 N
23 OF San Diego CA 50,708.35 7,203.99 7.990% N/A 09/01/2009 N
24 OF Burbank CA 47,473.08 6,876.31 7.890% N/A 10/01/2009 N
25 MF Oklahoma City OK 42,956.67 7,042.11 7.430% N/A 09/01/2009 N
26 MF Dallas TX 49,364.27 6,045.53 8.570% N/A 11/01/2009 N
27 MF Orlando FL 43,195.77 6,789.22 7.570% N/A 10/01/2009 N
28 RT Selma CA 46,848.21 6,085.32 8.320% N/A 10/01/2009 N
29 OF Holmdel NJ 44,213.06 6,320.53 7.980% N/A 08/01/2009 N
30 MF Waco TX 43,305.50 5,954.22 8.100% N/A 10/01/2009 N
31 MF Victoria TX 42,106.41 6,179.96 7.890% N/A 07/01/2009 N
32 MF Revere MA 41,301.75 5,985.77 7.910% N/A 09/01/2009 N
33 MF Oklahoma City OK 35,657.71 7,305.50 6.860% N/A 07/01/2008 N
34 LO Brookfield WI 42,706.80 7,870.02 8.370% N/A 11/01/2009 N
35 RT Pittsfield MA 39,837.75 8,312.19 7.960% N/A 06/01/2009 N
36 OF Louisville KY 37,580.52 5,107.94 8.170% N/A 09/01/2009 N
37 MF Mesa AZ 32,980.65 6,349.81 7.190% N/A 02/01/2008 N
38 LO Eden Prairie MN 37,965.33 6,996.27 8.370% N/A 11/01/2009 N
39 RT Omaha NE 37,659.42 4,845.35 8.360% N/A 11/01/2009 N
40 RT Sun City CA 33,162.60 8,480.29 7.420% N/A 06/01/2008 N
41 MF Haverhill MA 36,671.28 4,695.85 8.380% N/A 11/01/2009 N
42 OF New Brighton MN 36,251.64 4,748.26 8.300% N/A 10/01/2009 N
43 MF State College PA 33,701.19 5,059.73 7.770% N/A 09/01/2009 N
44 OF Colorado Springs CO 32,580.11 4,995.26 7.740% N/A 06/01/2009 N
45 MF Anderson IN 32,886.97 4,686.72 7.940% N/A 11/01/2009 N
46 MF Killeen TX 34,472.26 4,221.74 8.570% N/A 11/01/2009 N
47 MF Azusa CA 29,725.99 5,377.10 7.440% N/A 01/01/2013 N
48 IN Pacoima CA 21,569.94 2,944.02 8.130% N/A 10/01/2009 N
49 IN Sylmar CA 10,757.11 2,120.28 8.130% N/A 09/01/2009 N
50 OF Maitland FL 29,859.20 4,231.50 8.000% N/A 09/01/2009 N
51 OF Decatur GA 30,108.04 4,010.64 8.230% N/A 10/01/2009 N
52 MU Boston MA 29,620.41 6,372.07 8.160% N/A 05/01/2010 N
53 IN Newark NJ 30,931.95 5,485.40 8.560% N/A 10/01/2009 N
54 MF Spokane WA 25,604.97 4,879.60 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 44,940,486.52 44,902,534.55 03/01/2000 -- -- -- --
2 36,400,414.75 36,367,171.13 03/01/2000 -- -- -- --
3 32,744,045.05 32,712,917.94 02/01/2000 -- -- -- --
4 20,967,385.98 20,948,552.73 03/01/2000 -- -- -- --
5 13,556,660.11 13,543,358.35 03/01/2000 -- -- -- --
6 12,472,584.08 12,460,913.66 03/01/2000 -- -- -- --
7 12,179,547.52 12,169,251.29 02/01/2000 -- -- -- --
8 11,659,475.27 11,648,981.64 03/01/2000 -- -- -- --
9 11,383,585.12 11,373,663.01 03/01/2000 -- -- -- --
10 11,346,837.71 11,333,273.85 02/01/2000 -- -- -- --
11 10,978,874.45 10,969,131.77 02/01/2000 -- -- -- --
12 10,978,193.93 10,968,332.90 02/01/2000 -- -- -- --
13 10,235,421.99 10,223,684.98 03/01/2000 -- -- -- --
14 9,951,998.47 9,939,808.50 03/01/2000 -- -- -- --
15 9,452,150.02 9,442,809.16 02/01/2000 -- -- -- --
16 4,469,150.85 4,465,141.38 02/01/2000 -- -- -- --
17 1,754,155.10 1,752,689.17 02/01/2000 -- -- -- --
18 1,087,236.71 1,086,328.12 02/01/2000 -- -- -- --
19 854,613.98 853,899.79 02/01/2000 -- -- -- --
20 697,868.21 697,285.01 02/01/2000 -- -- -- --
21 8,503,172.43 8,495,149.54 03/01/2000 -- -- -- --
22 8,466,751.77 8,459,128.24 03/01/2000 -- -- -- --
23 7,878,385.08 7,871,181.09 03/01/2000 -- -- -- --
24 7,469,214.62 7,462,338.31 03/01/2000 -- -- -- --
25 7,177,055.34 7,170,013.23 03/01/2000 -- -- -- --
26 7,150,500.24 7,144,454.71 03/01/2000 -- -- -- --
27 7,083,531.43 7,076,742.21 02/01/2000 -- -- -- --
28 6,989,951.76 6,983,866.44 03/01/2000 -- -- -- --
29 6,877,841.61 6,871,521.08 03/01/2000 -- -- -- --
30 6,636,858.67 6,630,904.45 02/01/2000 -- -- -- --
31 6,624,845.49 6,618,665.53 02/01/2000 -- -- -- --
32 6,481,812.31 6,475,826.54 03/01/2000 -- -- -- --
33 6,452,586.94 6,445,281.44 02/01/2000 -- -- -- --
34 6,333,970.44 6,326,100.42 03/01/2000 -- -- -- --
35 6,212,784.10 6,204,471.91 03/01/2000 -- -- -- --
36 5,710,119.28 5,705,011.34 02/01/2000 -- -- -- --
37 5,694,227.60 5,687,877.79 02/01/2000 -- -- -- --
38 5,630,750.10 5,623,753.83 03/01/2000 -- -- -- --
39 5,592,060.35 5,587,215.00 02/01/2000 -- -- -- --
40 5,548,162.44 5,539,682.15 02/01/2000 -- -- -- --
41 5,432,335.07 5,427,639.22 03/01/2000 -- -- -- --
42 5,421,931.64 5,417,183.38 03/01/2000 -- -- -- --
43 5,384,293.97 5,379,234.24 03/01/2000 -- -- -- --
44 5,225,358.17 5,220,362.91 02/01/2000 -- -- -- --
45 5,141,714.01 5,137,027.29 03/01/2000 -- -- -- --
46 4,993,366.08 4,989,144.34 03/01/2000 -- -- -- --
47 4,959,842.16 4,954,465.06 02/01/2000 -- -- -- --
48 3,293,540.21 3,290,596.19 03/01/2000 -- -- -- --
49 1,642,516.10 1,640,395.82 03/01/2000 -- -- -- --
50 4,633,324.04 4,629,092.54 03/01/2000 -- -- -- --
51 4,541,373.11 4,537,362.47 02/01/2000 -- -- -- --
52 4,506,147.51 4,499,775.44 02/01/2000 -- -- -- --
53 4,485,781.23 4,480,295.83 02/01/2000 -- -- -- --
54 4,426,947.39 4,422,067.79 02/01/2000 -- -- -- --
<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 26,628.27 4,287.95 7.550% N/A 06/01/2009 N
56 IN Norwood MA 23,243.91 7,056.46 6.640% N/A 11/01/2008 N
57 RT Santa Maria CA 26,734.24 4,094.04 7.760% N/A 05/01/2009 N
58 RT Norwalk CT 29,688.99 4,117.05 8.790% N/A 11/01/2009 N
59 LO Thornton CO 28,567.39 4,917.94 8.670% N/A 11/01/2009 N
60 MF Cape Canaveral FL 25,608.97 3,967.45 7.950% N/A 05/01/2008 N
61 MF Dallas TX 26,201.70 3,596.26 8.160% N/A 07/01/2009 N
62 OF Los Angeles CA 25,912.22 3,414.60 8.260% N/A 11/01/2009 N
63 OF Miami FL 25,345.48 3,489.14 8.080% N/A 11/01/2009 N
64 MF Midwest City OK 21,515.72 4,274.11 6.940% N/A 09/01/2008 N
65 LO South Burlington VT 22,250.38 5,783.36 7.260% N/A 10/01/2008 N
66 OF Colorado Springs CO 23,893.34 3,177.57 8.260% N/A 09/01/2009 N
67 MF Alvin TX 21,075.25 3,605.30 7.300% N/A 07/01/2009 N
68 OF Upper Dublin Township PA 22,842.00 3,052.45 8.240% N/A 09/01/2009 N
69 MF Desoto TX 21,075.89 3,132.60 7.840% N/A 07/01/2009 N
70 MF State College PA 18,345.46 3,695.24 6.890% 09/01/2008 09/01/2028 N
71 OF St. Helena CA 21,659.30 2,924.01 8.160% N/A 11/01/2009 N
72 IN Zilwaukee MI 21,543.28 2,947.58 8.120% N/A 10/01/2009 N
73 RT Bowling Green OH 18,238.03 3,627.49 6.900% 11/01/2008 11/01/2028 N
74 MF Bedford TX 21,788.99 2,856.03 8.350% N/A 07/01/2006 N
75 RT Oceanside CA 21,263.03 2,841.33 8.270% N/A 07/01/2009 N
76 MU Williamsport PA 23,448.88 3,690.85 9.130% 09/01/2009 09/01/2024 N
77 RT Waterford CT 20,722.92 4,029.12 8.210% N/A 08/01/2009 N
78 IN Cerritos CA 20,935.50 2,929.08 8.610% N/A 10/01/2009 N
79 OF Aurora CO 20,503.88 3,693.38 8.520% N/A 09/01/2009 N
80 IN Hackettstown NJ 19,412.95 3,880.82 8.070% N/A 09/01/2009 N
81 OF Ft Lauderdale FL 18,554.51 2,724.87 7.910% N/A 06/01/2009 N
82 MU Freeport NY 20,174.18 3,521.55 8.630% N/A 10/01/2009 N
83 RT Atlanta GA 19,506.57 3,546.92 8.450% N/A 10/01/2009 N
84 SS Palm Bay FL 9,278.36 1,524.57 8.880% N/A 11/01/2009 N
85 SS Bradenton FL 7,850.92 1,290.02 8.880% N/A 11/01/2009 N
86 SS West Melbourne FL 2,854.88 469.10 8.880% N/A 11/01/2009 N
87 MF Upper Darby Township PA 17,556.47 2,619.29 7.810% N/A 08/01/2009 N
88 MH Montrose CO 17,445.63 2,460.21 8.050% N/A 07/01/2004 N
89 MF Salem OR 4,804.01 934.93 7.030% N/A 08/01/2008 N
90 MF Mcminnville OR 10,278.35 2,000.31 7.030% N/A 08/01/2008 N
91 RT Woodbridge VA 17,636.89 2,288.07 8.340% N/A 10/01/2009 N
92 MF Dallas TX 14,463.96 2,787.57 7.050% N/A 09/01/2008 N
93 OF Big Flats NY 17,268.85 7,886.52 8.510% N/A 09/01/2014 N
94 IN Northborough MA 16,642.71 4,955.09 8.190% N/A 08/01/2009 N
95 RT San Leandro CA 15,744.33 3,286.85 7.840% N/A 11/01/2009 N
96 MF Hampton VA 16,361.07 2,227.62 8.140% N/A 10/01/2009 N
97 RT Columbia MD 16,794.71 2,180.63 8.360% N/A 09/01/2009 N
98 MF Bayside WI 13,650.05 2,764.82 6.870% 09/01/2008 09/01/2028 N
99 MF Jacksonville FL 15,337.34 2,555.69 7.740% N/A 02/01/2008 N
100 RT Sun City CA 16,033.85 2,183.07 8.140% N/A 10/01/2009 N
101 MF San Marcos TX 15,565.10 2,246.16 7.980% N/A 06/01/2014 N
102 IN Park City UT 16,230.27 2,070.79 8.410% N/A 10/01/2009 N
103 MF Dallas TX 13,629.85 3,680.09 7.110% N/A 10/01/2008 N
104 RT Farragut TN 15,404.34 2,158.91 8.060% N/A 08/01/2009 N
105 IN Hampton VA 15,956.91 2,835.06 8.530% N/A 11/01/2009 N
106 OF Peoria AZ 15,393.52 2,057.09 8.240% N/A 09/01/2009 N
107 RT Santa Maria CA 15,393.52 2,057.09 8.240% N/A 09/01/2009 N
108 MF Houston TX 15,195.32 2,981.05 8.150% N/A 09/01/2009 N
109 LO Weeki Wachee FL 16,402.41 2,483.55 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 4,378,250.24 4,373,962.29 02/01/2000 -- -- -- --
56 4,345,559.20 4,338,502.74 03/01/2000 -- -- -- --
57 4,276,717.95 4,272,623.91 02/01/2000 -- -- -- --
58 4,192,866.41 4,188,749.36 03/01/2000 -- -- -- --
59 4,090,306.98 4,085,389.04 02/01/2000 -- -- -- --
60 3,998,798.72 3,994,831.27 02/01/2000 -- -- -- --
61 3,986,059.14 3,982,462.88 03/01/2000 -- -- -- --
62 3,894,297.49 3,890,882.89 03/01/2000 -- -- -- --
63 3,893,979.03 3,890,489.89 02/01/2000 -- -- -- --
64 3,848,584.17 3,844,310.06 03/01/2000 -- -- -- --
65 3,804,568.46 3,798,785.10 03/01/2000 -- -- -- --
66 3,590,883.85 3,587,706.28 02/01/2000 -- -- -- --
67 3,583,887.58 3,580,282.28 02/01/2000 -- -- -- --
68 3,441,212.59 3,438,160.14 02/01/2000 -- -- -- --
69 3,337,139.22 3,334,006.62 02/01/2000 -- -- -- --
70 3,305,322.33 3,301,627.09 03/01/2000 -- -- -- --
71 3,295,026.04 3,292,102.03 03/01/2000 -- -- -- --
72 3,293,519.72 3,290,572.14 03/01/2000 -- -- -- --
73 3,281,205.64 3,277,578.15 02/01/2000 -- -- -- --
74 3,239,330.16 3,236,474.13 03/01/2000 -- -- -- --
75 3,191,715.70 3,188,874.37 03/01/2000 -- -- -- --
76 3,188,274.94 3,184,584.09 02/01/2000 -- -- -- --
77 3,133,374.79 3,129,345.67 03/01/2000 -- -- -- --
78 3,018,454.98 3,015,525.90 02/01/2000 -- -- -- --
79 2,987,451.75 2,983,758.37 02/01/2000 -- -- -- --
80 2,986,225.47 2,982,344.65 02/01/2000 -- -- -- --
81 2,911,906.37 2,909,181.50 03/01/2000 -- -- -- --
82 2,901,948.00 2,898,426.45 03/01/2000 -- -- -- --
83 2,865,686.73 2,862,139.81 03/01/2000 -- -- -- --
84 1,297,067.79 1,295,543.22 03/01/2000 -- -- -- --
85 1,097,518.90 1,096,228.88 03/01/2000 -- -- -- --
86 399,097.77 398,628.67 03/01/2000 -- -- -- --
87 2,790,554.94 2,787,935.65 02/01/2000 -- -- -- --
88 2,690,266.64 2,687,806.43 02/01/2000 -- -- -- --
89 848,307.29 847,372.36 03/01/2000 -- -- -- --
90 1,814,983.04 1,812,982.73 03/01/2000 -- -- -- --
91 2,625,188.56 2,622,900.49 03/01/2000 -- -- -- --
92 2,546,845.07 2,544,057.50 02/01/2000 -- -- -- --
93 2,519,059.36 2,511,172.84 03/01/2000 -- -- -- --
94 2,522,578.64 2,517,623.55 03/01/2000 -- -- -- --
95 2,492,944.25 2,489,657.40 03/01/2000 -- -- -- --
96 2,495,121.70 2,492,894.08 02/01/2000 -- -- -- --
97 2,493,852.70 2,491,672.07 03/01/2000 -- -- -- --
98 2,466,504.56 2,463,739.74 02/01/2000 -- -- -- --
99 2,459,878.33 2,457,322.64 02/01/2000 -- -- -- --
100 2,445,219.25 2,443,036.18 02/01/2000 -- -- -- --
101 2,421,326.81 2,419,080.65 02/01/2000 -- -- -- --
102 2,395,709.65 2,393,638.86 03/01/2000 -- -- -- --
103 2,379,720.95 2,376,040.86 02/01/2000 -- -- -- --
104 2,372,534.85 2,370,375.94 02/01/2000 -- -- -- --
105 2,322,224.20 2,319,389.14 03/01/2000 -- -- -- --
106 2,319,078.04 2,317,020.95 03/01/2000 -- -- -- --
107 2,319,078.04 2,317,020.95 03/01/2000 -- -- -- --
108 2,314,497.56 2,311,516.51 02/01/2000 -- -- -- --
109 2,194,139.14 2,191,655.59 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 13,903.95 2,916.01 7.890% N/A 08/01/2009 N
111 MF Meridian MS 14,082.97 1,961.63 8.100% N/A 07/01/2009 N
112 MF Arlington TX 13,730.97 2,791.93 7.950% N/A 11/01/2009 N
113 OF Clearwater FL 14,167.28 1,864.58 8.280% N/A 10/01/2009 N
114 CL Atlanta GA 13,704.55 2,284.49 8.140% N/A 01/01/2020 N
115 RT Rostraver Township PA 13,747.58 1,851.42 8.170% N/A 11/01/2009 N
116 MF Manchester NH 11,396.24 3,285.75 6.880% N/A 09/01/2008 N
117 RT San Diego CA 13,180.46 2,922.82 7.980% N/A 07/01/2008 N
118 OF Manassas VA 13,484.28 1,738.35 8.390% N/A 09/01/2009 N
119 RT Salina NY 12,300.15 1,841.13 7.760% N/A 10/01/2009 N
120 MF Lawrence KS 12,057.64 2,077.60 7.610% N/A 02/01/2003 N
121 MF Gresham OR 12,573.44 1,720.31 8.120% N/A 10/01/2009 N
122 MF West Monroe LA 10,739.98 3,017.35 6.980% N/A 09/01/2008 N
123 MF Melbourne FL 12,180.35 2,458.99 7.980% N/A 11/01/2009 N
124 MF Los Angeles CA 12,333.91 1,671.13 8.160% N/A 10/01/2009 N
125 MF Oklahoma City OK 11,839.63 2,507.06 7.850% N/A 08/01/2009 N
126 IN Columbus OH 11,484.44 2,504.25 7.750% N/A 07/01/2009 N
127 RT White Bear Lake MN 12,773.37 1,477.32 8.820% N/A 11/01/2009 N
128 MH Locke and Moravia NY 7,990.93 997.07 8.490% N/A 11/01/2009 N
129 MH Erin NY 4,302.81 536.88 8.490% N/A 11/01/2009 N
130 RT Tuscon AZ 12,259.98 1,542.21 8.470% N/A 10/01/2009 N
131 RT Clay NY 11,335.57 1,671.98 7.840% N/A 09/01/2009 N
132 MF Taylorsville UT 11,338.42 2,411.49 7.880% N/A 06/01/2009 N
133 MF Philadelphia PA 9,916.14 1,986.86 6.940% 07/01/2008 07/01/2028 N
134 MF Lawrence KS 9,811.10 2,796.33 6.900% N/A 10/01/2008 N
135 MF Baton Rouge LA 11,841.12 2,238.97 8.330% N/A 08/01/2009 N
136 OF Henderson NV 11,207.18 1,650.01 7.900% N/A 06/01/2009 N
137 OF Bel Air MD 11,498.58 2,240.88 8.200% N/A 08/01/2009 N
138 OF Las Vegas NV 11,139.45 1,479.61 8.280% N/A 08/01/2009 N
139 MF College Station TX 10,082.30 2,491.61 7.510% N/A 08/01/2013 N
140 RT Anderson IN 10,477.99 3,285.19 7.890% N/A 10/01/2019 N
141 IN Indianapolis IN 11,038.30 1,438.89 8.320% N/A 10/01/2009 N
142 RT Eagle-Vail CO 11,328.38 2,013.51 8.550% N/A 10/01/2009 N
143 MF Covington GA 10,743.78 2,122.63 8.120% N/A 09/01/2009 N
144 SS Smithville NJ 10,712.10 2,087.24 8.130% N/A 11/01/2009 N
145 MF Austin TX 10,666.60 1,470.19 8.090% N/A 10/01/2009 N
146 MF Ashford CT 10,556.16 1,437.26 8.140% N/A 10/01/2009 N
147 OF Half Moon Bay CA 10,459.42 1,437.34 8.140% N/A 08/01/2009 N
148 RT Tempe AZ 10,658.87 1,970.43 8.450% N/A 07/01/2009 N
149 MF San Francisco CA 10,244.06 1,367.90 8.220% N/A 10/01/2009 N
150 OF Rockville Centre NY 10,068.72 1,391.19 8.080% N/A 10/01/2009 N
151 MF Lubbock TX 10,099.46 1,392.97 8.110% N/A 09/01/2009 N
152 OF Jacksonville FL 10,178.29 1,928.24 8.300% N/A 09/01/2009 N
153 MF Norman OK 8,900.87 2,322.62 7.270% N/A 09/01/2008 N
154 MH Bokeelia FL 10,347.01 1,822.51 8.590% N/A 10/01/2009 N
155 OF Tacoma WA 9,850.17 1,906.50 8.180% N/A 10/01/2009 N
156 IN Pacoima CA 9,866.39 1,339.40 8.190% N/A 08/01/2009 N
157 RT Indianapolis IN 9,969.86 2,858.24 8.300% N/A 10/01/2009 N
158 RT Hampton Township PA 8,504.39 2,270.16 7.180% 09/01/2008 09/01/2023 N
159 RT Silverthorne CO 9,604.39 1,312.83 8.200% N/A 06/01/2009 N
160 MF Ankeny IA 9,276.80 2,878.67 8.030% N/A 07/01/2014 N
161 IN Eagle ID 7,884.14 3,314.22 6.950% N/A 11/01/2018 N
162 MU Nashua NH 9,522.16 1,780.60 8.400% N/A 07/01/2009 N
163 SS Midland TX 9,466.64 1,740.57 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 2,187,588.29 2,184,672.28 02/01/2000 -- -- -- --
111 2,158,310.09 2,156,348.46 02/01/2000 -- -- -- --
112 2,144,068.47 2,141,276.54 03/01/2000 -- -- -- --
113 2,124,029.95 2,122,165.37 03/01/2000 -- -- -- --
114 2,089,993.82 2,087,709.33 03/01/2000 -- -- -- --
115 2,088,856.28 2,087,004.86 02/01/2000 -- -- -- --
116 2,056,258.06 2,052,972.31 02/01/2000 -- -- -- --
117 2,050,369.26 2,047,446.44 02/01/2000 -- -- -- --
118 1,995,125.68 1,993,387.33 02/01/2000 -- -- -- --
119 1,967,674.86 1,965,833.73 03/01/2000 -- -- -- --
120 1,966,900.08 1,964,822.48 03/01/2000 -- -- -- --
121 1,922,217.91 1,920,497.60 02/01/2000 -- -- -- --
122 1,910,084.67 1,907,067.32 02/01/2000 -- -- -- --
123 1,894,790.79 1,892,331.80 02/01/2000 -- -- -- --
124 1,876,354.73 1,874,683.60 03/01/2000 -- -- -- --
125 1,872,289.20 1,869,782.14 03/01/2000 -- -- -- --
126 1,839,553.77 1,837,049.52 03/01/2000 -- -- -- --
127 1,797,799.97 1,796,322.65 03/01/2000 -- -- -- --
128 1,168,407.50 1,167,410.43 02/01/2000 -- -- -- --
129 629,142.51 628,605.63 02/01/2000 -- -- -- --
130 1,796,846.07 1,795,303.86 03/01/2000 -- -- -- --
131 1,794,864.56 1,793,192.58 03/01/2000 -- -- -- --
132 1,786,202.67 1,783,791.18 03/01/2000 -- -- -- --
133 1,773,730.05 1,771,743.19 03/01/2000 -- -- -- --
134 1,765,115.22 1,762,318.89 02/01/2000 -- -- -- --
135 1,764,624.02 1,762,385.05 02/01/2000 -- -- -- --
136 1,761,058.79 1,759,408.78 03/01/2000 -- -- -- --
137 1,740,744.22 1,738,503.34 02/01/2000 -- -- -- --
138 1,670,082.73 1,668,603.12 02/01/2000 -- -- -- --
139 1,666,572.86 1,664,081.25 02/01/2000 -- -- -- --
140 1,648,563.33 1,645,278.14 02/01/2000 -- -- -- --
141 1,646,961.57 1,645,522.68 02/01/2000 -- -- -- --
142 1,644,774.57 1,642,761.06 03/01/2000 -- -- -- --
143 1,642,500.80 1,640,378.17 02/01/2000 -- -- -- --
144 1,635,642.77 1,633,555.53 02/01/2000 -- -- -- --
145 1,636,748.92 1,635,278.73 02/01/2000 -- -- -- --
146 1,609,852.53 1,608,415.27 02/01/2000 -- -- -- --
147 1,595,099.58 1,593,662.24 03/01/2000 -- -- -- --
148 1,565,882.40 1,563,911.97 03/01/2000 -- -- -- --
149 1,547,051.70 1,545,683.80 03/01/2000 -- -- -- --
150 1,546,917.67 1,545,526.48 03/01/2000 -- -- -- --
151 1,545,901.14 1,544,508.17 02/01/2000 -- -- -- --
152 1,522,303.38 1,520,375.14 03/01/2000 -- -- -- --
153 1,519,855.81 1,517,533.19 03/01/2000 -- -- -- --
154 1,495,292.71 1,493,470.20 02/01/2000 -- -- -- --
155 1,494,840.71 1,492,934.21 03/01/2000 -- -- -- --
156 1,495,474.41 1,494,135.01 02/01/2000 -- -- -- --
157 1,491,129.83 1,488,271.59 02/01/2000 -- -- -- --
158 1,470,358.12 1,468,087.96 03/01/2000 -- -- -- --
159 1,453,986.81 1,452,673.98 02/01/2000 -- -- -- --
160 1,434,125.99 1,431,247.32 03/01/2000 -- -- -- --
161 1,408,231.86 1,404,917.64 02/01/2000 -- -- -- --
162 1,407,215.17 1,405,434.57 02/01/2000 -- -- -- --
163 1,394,032.25 1,392,291.68 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 - 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 8,992.74 1,187.35 8.290% N/A 09/01/2009 N
165 MF Boca Raton FL 8,572.93 1,234.76 7.950% N/A 08/01/2009 N
166 MF Phoenix AZ 8,599.82 1,641.35 8.240% N/A 10/01/2009 N
167 MF Monroe LA 8,557.82 1,648.63 8.200% N/A 10/01/2009 N
168 MF Lawrence KS 7,224.32 1,863.08 7.270% N/A 11/01/2008 N
169 OF Houston TX 8,895.43 986.12 9.010% N/A 11/01/2009 N
170 SS Sacramento CA 8,156.93 1,489.52 8.460% N/A 09/01/2009 N
171 MF Lenexa KS 7,469.76 1,127.19 7.750% N/A 09/01/2014 N
172 RT Highlands Ranch CO 8,380.34 980.27 8.770% N/A 11/01/2009 N
173 MU New York NY 7,094.66 1,749.83 7.470% 10/01/2008 10/01/2023 N
174 SS Angleton TX 7,922.46 1,449.93 8.400% N/A 11/01/2009 N
175 OF Sunland Park NM 7,285.18 1,409.83 8.280% N/A 06/01/2009 N
176 MF Dallas TX 6,272.19 1,657.44 7.220% N/A 09/01/2008 N
177 OF Southlake TX 7,120.87 947.75 8.310% N/A 06/01/2009 N
178 MF Austin TX 7,212.22 873.09 8.620% N/A 11/01/2009 N
179 IN Santa Fe Springs CA 5,886.48 1,084.32 7.180% N/A 11/01/2003 N
180 IN Scottsdale AZ 6,577.61 911.68 8.090% N/A 09/01/2009 N
181 RT Los Angeles CA 7,007.88 3,082.65 8.660% N/A 10/01/2014 N
182 MF Austin TX 6,560.59 898.74 8.100% N/A 11/01/2009 N
183 MF Lawrence KS 7,055.94 825.35 8.770% N/A 11/01/2009 N
184 MF Phoenix AZ 6,580.45 890.08 8.190% N/A 09/01/2009 N
185 MF Columbus OH 6,773.70 792.34 8.770% N/A 11/01/2009 N
186 MH Fresno CA 6,059.67 777.80 8.370% N/A 11/01/2009 N
187 OF Sunland Park NM 5,960.60 1,153.50 8.280% N/A 06/01/2009 N
188 MF Norman OK 5,168.25 1,348.61 7.270% N/A 09/01/2008 N
189 MF Bristol CT 4,874.86 1,350.41 7.010% 10/01/2008 10/01/2023 N
190 MF New London CT 5,696.46 743.17 8.340% N/A 09/01/2009 N
191 OF Laton CA 6,125.21 1,007.96 9.000% N/A 06/01/2009 N
192 OF Southlake TX 5,681.05 712.70 8.520% N/A 08/01/2009 N
193 MF Baton Rouge LA 4,530.49 1,279.40 6.960% N/A 09/01/2008 N
194 SS El Paso TX 5,244.15 2,516.97 8.250% N/A 09/01/2014 N
195 MF Huntington Beach CA 5,339.88 663.17 8.510% N/A 11/01/2009 N
196 OF Norcross GA 5,323.85 633.37 8.710% N/A 10/01/2009 N
197 MF Arlington TX 4,781.50 690.40 7.940% N/A 08/01/2009 N
198 IN Little Falls NJ 5,220.48 2,266.53 8.730% N/A 10/01/2009 N
199 SS Spring TX 4,946.20 886.81 8.490% N/A 11/01/2009 N
200 OF Allentown PA 5,096.97 845.26 8.860% N/A 10/01/2009 N
201 MF Caro MI 4,576.82 574.90 8.500% N/A 09/01/2009 N
202 MF Hudson NH 4,728.56 1,189.80 8.890% N/A 11/01/2009 N
203 MF Austin TX 4,782.32 524.35 9.060% N/A 11/01/2006 N
204 MU Queens Village NY 4,712.19 506.62 9.150% N/A 11/01/2009 N
205 MF West Monroe LA 3,442.30 967.10 6.980% N/A 09/01/2008 N
206 SS Houston TX 3,970.66 1,013.91 8.850% N/A 10/01/2009 N
207 SS Red Bluff CA 3,711.93 670.16 8.510% N/A 09/01/2009 N
- --- -- ----------------------- ------- ------------ ---------- ------ ---------- ---------- ---
Totals -- -- -- 4,885,534.63 786,920.03 -- -- -- --
== ======================= ======= ============ ========== ====== ========== ========== ===
<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 1,346,611.29 1,345,423.94 03/01/2000 -- -- -- --
165 1,338,649.16 1,337,414.40 03/01/2000 -- -- -- --
166 1,295,587.15 1,293,945.80 02/01/2000 -- -- -- --
167 1,295,548.19 1,293,899.56 02/01/2000 -- -- -- --
168 1,233,579.82 1,231,716.74 03/01/2000 -- -- -- --
169 1,225,594.48 1,224,608.36 02/01/2000 -- -- -- --
170 1,196,908.40 1,195,418.88 03/01/2000 -- -- -- --
171 1,196,490.59 1,195,363.40 02/01/2000 -- -- -- --
172 1,186,223.90 1,185,243.63 02/01/2000 -- -- -- --
173 1,179,004.97 1,177,255.14 03/01/2000 -- -- -- --
174 1,170,806.16 1,169,356.23 03/01/2000 -- -- -- --
175 1,092,230.37 1,090,820.54 02/01/2000 -- -- -- --
176 1,078,416.25 1,076,758.81 03/01/2000 -- -- -- --
177 1,063,741.97 1,062,794.22 03/01/2000 -- -- -- --
178 1,038,642.25 1,037,769.16 02/01/2000 -- -- -- --
179 1,017,737.90 1,016,653.58 03/01/2000 -- -- -- --
180 1,009,308.49 1,008,396.81 03/01/2000 -- -- -- --
181 1,004,553.62 1,001,470.97 03/01/2000 -- -- -- --
182 1,005,454.61 1,004,555.87 02/01/2000 -- -- -- --
183 998,757.18 997,931.83 03/01/2000 -- -- -- --
184 997,415.70 996,525.62 03/01/2000 -- -- -- --
185 958,806.88 958,014.54 02/01/2000 -- -- -- --
186 898,727.96 897,950.16 03/01/2000 -- -- -- --
187 893,643.02 892,489.52 02/01/2000 -- -- -- --
188 882,497.00 881,148.39 03/01/2000 -- -- -- --
189 863,273.77 861,923.36 02/01/2000 -- -- -- --
190 847,897.52 847,154.35 03/01/2000 -- -- -- --
191 844,856.40 843,848.44 02/01/2000 -- -- -- --
192 827,739.03 827,026.33 03/01/2000 -- -- -- --
193 808,053.70 806,774.30 02/01/2000 -- -- -- --
194 789,088.87 786,571.90 03/01/2000 -- -- -- --
195 778,945.08 778,281.91 03/01/2000 -- -- -- --
196 758,773.76 758,140.39 02/01/2000 -- -- -- --
197 747,563.17 746,872.77 03/01/2000 -- -- -- --
198 742,336.49 740,069.96 03/01/2000 -- -- -- --
199 723,216.84 722,330.03 03/01/2000 -- -- -- --
200 714,138.61 713,293.35 02/01/2000 -- -- -- --
201 668,420.04 667,845.14 03/01/2000 -- -- -- --
202 660,285.62 659,095.82 02/01/2000 -- -- -- --
203 655,261.56 654,737.21 03/01/2000 -- -- -- --
204 639,302.16 638,795.54 02/01/2000 -- -- -- --
205 612,206.66 611,239.56 02/01/2000 -- -- -- --
206 556,959.85 555,945.94 03/01/2000 -- -- -- --
207 541,470.81 540,800.65 03/01/2000 -- -- -- --
- --- -------------- -------------- ---------- ---------- ---------- --- ---
Tot 759,516,718.55 758,729,798.52 -- -- -- -- --
============== ============== ========== ========== ========== === ===
<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>
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
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>
3 0 02/01/2000 235,286.23 235,286.23 A --
7 0 02/01/2000 94,673.43 94,673.43 A --
10 0 02/01/2000 71,331.87 71,331.87 A --
11 0 02/01/2000 82,175.80 82,175.80 A --
12 0 02/01/2000 81,405.31 81,405.31 A --
15 0 02/01/2000 66,295.32 66,295.32 A --
16 0 02/01/2000 33,170.68 33,170.68 A --
17 0 02/01/2000 13,759.63 13,759.63 A --
18 0 02/01/2000 8,528.31 8,528.31 A --
19 0 02/01/2000 6,703.61 6,703.61 A --
20 0 02/01/2000 5,474.09 5,474.09 A --
27 0 02/01/2000 49,984.99 49,984.99 A --
30 0 02/01/2000 49,259.72 49,259.72 A --
31 0 02/01/2000 48,286.37 48,286.37 A --
33 0 02/01/2000 42,963.21 42,963.21 A --
36 0 02/01/2000 42,688.46 42,688.46 B --
37 0 02/01/2000 39,330.46 39,330.46 A --
39 0 02/01/2000 42,504.77 42,504.77 A --
40 0 02/01/2000 41,642.89 41,642.89 A --
44 0 02/01/2000 37,575.37 37,575.37 A --
47 0 02/01/2000 35,103.09 35,103.09 A --
51 0 02/01/2000 34,118.68 34,118.68 A --
52 0 02/01/2000 35,992.48 35,992.48 A --
53 0 02/01/2000 36,417.35 36,417.35 A --
54 0 02/01/2000 30,484.57 30,484.57 A --
55 0 02/01/2000 30,916.22 30,916.22 A --
57 0 02/01/2000 30,828.28 30,828.28 A --
59 0 02/01/2000 33,485.33 33,485.33 A --
60 0 02/01/2000 29,576.42 29,576.42 A --
63 0 02/01/2000 28,834.62 28,834.62 A --
66 0 02/01/2000 27,070.91 27,070.91 A --
67 0 02/01/2000 24,680.55 24,680.55 A --
68 0 02/01/2000 25,894.45 25,894.45 A --
69 0 02/01/2000 24,208.49 24,208.49 A --
73 0 02/01/2000 21,865.52 21,865.52 A --
76 0 02/01/2000 27,139.73 27,139.73 A --
78 0 02/01/2000 23,864.58 23,864.58 A --
79 0 02/01/2000 24,197.26 24,197.26 A --
80 0 02/01/2000 23,293.77 23,293.77 A --
87 0 02/01/2000 20,175.76 20,175.76 A --
88 0 02/01/2000 19,905.84 19,905.84 A --
92 0 02/01/2000 17,251.53 17,251.53 A --
96 0 02/01/2000 18,588.69 18,588.69 A --
98 0 02/01/2000 16,414.87 16,414.87 A --
99 0 02/01/2000 17,893.03 17,893.03 A --
100 0 02/01/2000 18,216.92 18,216.92 A --
101 0 02/01/2000 17,811.26 17,811.26 A --
103 0 02/01/2000 17,309.94 17,309.94 A --
104 0 02/01/2000 17,563.25 17,563.25 A --
108 0 02/01/2000 18,176.37 18,176.37 A --
110 0 02/01/2000 16,819.96 16,819.96 A --
111 0 02/01/2000 16,044.60 16,044.60 A --
115 0 02/01/2000 15,599.00 15,599.00 B --
116 0 02/01/2000 14,681.99 14,681.99 A --
117 0 02/01/2000 16,103.28 16,103.28 A --
118 0 02/01/2000 15,222.63 15,222.63 A --
121 0 02/01/2000 14,293.75 14,293.75 A --
122 0 02/01/2000 13,757.33 13,757.33 A --
123 0 02/01/2000 14,639.34 14,639.34 A --
128 0 02/01/2000 8,988.00 8,988.00 A --
129 0 02/01/2000 4,839.69 4,839.69 A --
134 0 02/01/2000 12,607.43 12,607.43 A --
135 0 02/01/2000 14,080.09 14,080.09 A --
137 0 02/01/2000 13,739.46 13,739.46 A --
138 0 02/01/2000 12,619.06 12,619.06 A --
139 0 02/01/2000 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>
3 -- -- 32,744,045.05 0.00 -- --
7 -- -- 12,179,547.52 0.00 -- --
10 -- -- 11,346,837.71 0.00 -- --
11 -- -- 10,978,874.45 0.00 -- --
12 -- -- 10,978,193.93 0.00 -- --
15 -- -- 9,452,150.02 0.00 -- --
16 -- -- 4,469,150.85 0.00 -- --
17 -- -- 1,754,155.10 0.00 -- --
18 -- -- 1,087,236.71 0.00 -- --
19 -- -- 854,613.98 0.00 -- --
20 -- -- 697,868.21 0.00 -- --
27 -- -- 7,083,531.43 0.00 -- --
30 -- -- 6,636,858.67 0.00 -- --
31 -- -- 6,624,845.49 0.00 -- --
33 -- -- 6,452,586.94 0.00 -- --
36 -- -- 5,710,119.28 0.00 -- --
37 -- -- 5,694,227.60 0.00 -- --
39 -- -- 5,592,060.35 0.00 -- --
40 -- -- 5,548,162.44 0.00 -- --
44 -- -- 5,225,358.17 0.00 -- --
47 -- -- 4,959,842.16 0.00 -- --
51 -- -- 4,541,373.11 0.00 -- --
52 -- -- 4,506,147.51 0.00 -- --
53 -- -- 4,485,781.23 0.00 -- --
54 -- -- 4,426,947.39 0.00 -- --
55 -- -- 4,378,250.24 0.00 -- --
57 -- -- 4,276,717.95 0.00 -- --
59 -- -- 4,090,306.98 0.00 -- --
60 -- -- 3,998,798.72 0.00 -- --
63 -- -- 3,893,979.03 0.00 -- --
66 -- -- 3,590,883.85 0.00 -- --
67 -- -- 3,583,887.58 0.00 -- --
68 -- -- 3,441,212.59 0.00 -- --
69 -- -- 3,337,139.22 0.00 -- --
73 -- -- 3,281,205.64 0.00 -- --
76 -- -- 3,188,274.94 0.00 -- --
78 -- -- 3,018,454.98 0.00 -- --
79 -- -- 2,987,451.75 0.00 -- --
80 -- -- 2,986,225.47 0.00 -- --
87 -- -- 2,790,554.94 0.00 -- --
88 -- -- 2,690,266.64 0.00 -- --
92 -- -- 2,546,845.07 0.00 -- --
96 -- -- 2,495,121.70 0.00 -- --
98 -- -- 2,466,504.56 0.00 -- --
99 -- -- 2,459,878.33 0.00 -- --
100 -- -- 2,445,219.25 0.00 -- --
101 -- -- 2,421,326.81 0.00 -- --
103 -- -- 2,379,720.95 0.00 -- --
104 -- -- 2,372,534.85 0.00 -- --
108 -- -- 2,314,497.56 0.00 -- --
110 -- -- 2,187,588.29 0.00 -- --
111 -- -- 2,158,310.09 0.00 -- --
115 -- -- 2,088,856.28 0.00 -- --
116 -- -- 2,056,258.06 0.00 -- --
117 -- -- 2,050,369.26 0.00 -- --
118 -- -- 1,995,125.68 0.00 -- --
121 -- -- 1,922,217.91 0.00 -- --
122 -- -- 1,910,084.67 0.00 -- --
123 -- -- 1,894,790.79 0.00 -- --
128 -- -- 1,168,407.50 0.00 -- --
129 -- -- 629,142.51 0.00 -- --
134 -- -- 1,765,115.22 0.00 -- --
135 -- -- 1,764,624.02 0.00 -- --
137 -- -- 1,740,744.22 0.00 -- --
138 -- -- 1,670,082.73 0.00 -- --
139 -- -- 1,666,572.86 0.00 -- --
140 -- -- 1,648,563.33 0.00 -- --
141 12/27/1999 -- 1,646,961.57 0.00 12/03/1999 --
</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 02/01/2000 13,763.18 13,763.18 A --
141 0 02/01/2000 12,477.19 12,477.19 A 1
143 0 02/01/2000 12,866.41 12,866.41 A --
144 0 02/01/2000 12,799.34 12,799.34 A --
145 0 02/01/2000 12,136.79 12,136.79 A --
146 0 02/01/2000 11,993.42 11,993.42 A --
151 0 02/01/2000 11,492.43 11,492.43 A --
154 0 02/01/2000 12,169.52 12,169.52 A --
156 0 02/01/2000 11,205.79 11,205.79 A --
157 0 02/01/2000 12,828.10 12,828.10 A --
159 0 02/01/2000 10,917.22 10,917.22 A --
161 0 02/01/2000 11,198.36 11,198.36 A --
162 0 02/01/2000 11,302.76 11,302.76 A --
166 0 02/01/2000 10,241.17 10,241.17 A --
167 0 02/01/2000 10,206.45 10,206.45 A --
169 0 02/01/2000 9,881.55 9,881.55 A --
171 0 02/01/2000 8,596.95 8,596.95 A --
172 0 02/01/2000 9,360.61 9,360.61 A --
175 0 02/01/2000 8,695.01 8,695.01 A --
178 0 02/01/2000 8,085.31 8,085.31 A --
182 0 02/01/2000 7,459.33 7,459.33 A --
185 0 02/01/2000 7,566.04 7,566.04 A --
187 0 02/01/2000 7,114.10 7,114.10 A --
189 0 02/01/2000 6,225.27 6,225.27 A --
191 0 02/01/2000 7,133.17 7,133.17 A --
193 0 02/01/2000 5,809.89 5,809.89 A --
196 0 02/01/2000 5,957.22 5,957.22 A --
200 0 02/01/2000 5,942.23 5,942.23 A --
202 0 02/01/2000 5,918.36 5,918.36 A --
204 0 02/01/2000 5,218.81 5,218.81 A --
205 0 02/01/2000 4,409.40 4,409.40 A --
- --- - ---------- -------- -------- -- --
97 -- -- 2,347,901.18 2,347,901.18 -- --
=== === ========== ============ ============ === ===
</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>
143 -- -- 1,642,500.80 0.00 -- --
144 -- -- 1,635,642.77 0.00 -- --
145 -- -- 1,636,748.92 0.00 -- --
146 -- -- 1,609,852.53 0.00 -- --
151 -- -- 1,545,901.14 0.00 -- --
154 -- -- 1,495,292.71 0.00 -- --
156 -- -- 1,495,474.41 0.00 -- --
157 -- -- 1,491,129.83 0.00 -- --
159 -- -- 1,453,986.81 0.00 -- --
161 -- -- 1,408,231.86 0.00 -- --
162 -- -- 1,407,215.17 0.00 -- --
166 -- -- 1,295,587.15 0.00 -- --
167 -- -- 1,295,548.19 0.00 -- --
169 -- -- 1,225,594.48 0.00 -- --
171 -- -- 1,196,490.59 0.00 -- --
172 -- -- 1,186,223.90 0.00 -- --
175 -- -- 1,092,230.37 0.00 -- --
178 -- -- 1,038,642.25 0.00 -- --
182 -- -- 1,005,454.61 0.00 -- --
185 -- -- 958,806.88 0.00 -- --
187 -- -- 893,643.02 0.00 -- --
189 -- -- 863,273.77 0.00 -- --
191 -- -- 844,856.40 0.00 -- --
193 -- -- 808,053.70 0.00 -- --
196 -- -- 758,773.76 0.00 -- --
200 -- -- 714,138.61 0.00 -- --
202 -- -- 660,285.62 0.00 -- --
204 -- -- 639,302.16 0.00 -- --
205 -- -- 612,206.66 0.00 -- --
- -- ---------- ---------- -------------- -------- ---------- ----------
97 -- -- 317,340,678.96 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) ......... 2,289,613.72 2,289,613.72 309,541,703.40 0.00
Total for Status Code = B (2 loan) .......... 58,287.46 58,287.46 7,798,975.56 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>
03/10/2000 141 12/27/1999 1 1,645,522.68 IN IN 8.320% 1,646,961.57
</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>
03/10/2000 209,220.00 08/30/1999 1.39 -- 10/01/2009 354
</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>
03/10/2000 141 1 -- -- -- -- -- --
</TABLE>
SPECIALLY SERVICED LOAN DETAIL - PART 2, Continued
Offering
Document Comments from
Cross-Ref Special Servicer
03/10/2000 141 Loan is current, the principal of the borrowing enity
has filed for Bankruptcy, not the Borrowing enity.
Monitoring to determine if Trust's interest are at risk.
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: March, 2000
DATE PRINTED: 10-Mar-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 44,902,535 0 N/A 1.21 N/A PERFORMING PERFORM TO MATURITY
002 36,367,171 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
003 32,744,045 0 334.1% 1.15 N/A PERFORMING PERFORM TO MATURITY
004 20,948,553 0 59.9% 0.00 N/A PERFORMING PERFORM TO MATURITY
005 13,543,358 0 77.4% 1.52 N/A PERFORMING PERFORM TO MATURITY
006 12,460,914 0 N/A 1.27 N/A PERFORMING PERFORM TO MATURITY
007 12,179,548 0 73.8% 0.99 N/A PERFORMING PERFORM TO MATURITY
008 11,648,982 0 71.3% 0.72 N/A PERFORMING PERFORM TO MATURITY
009 11,373,663 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
010 11,346,838 0 74.8% 1.65 N/A PERFORMING PERFORM TO MATURITY
011 10,978,874 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
012 10,978,194 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
013 10,223,685 0 77.5% 1.45 N/A PERFORMING PERFORM TO MATURITY
014 9,939,809 0 53.4% 2.18 N/A PERFORMING PERFORM TO MATURITY
015 9,452,150 0 75.9% 1.22 N/A PERFORMING PERFORM TO MATURITY
016 4,469,151 0 78.8% 1.33 N/A PERFORMING ORIGINATION
017 1,754,155 0 71.6% 1.80 N/A PERFORMING PERFORM TO MATURITY
018 1,087,237 0 66.3% 1.88 N/A PERFORMING PERFORM TO MATURITY
019 854,614 0 69.4% 1.55 N/A PERFORMING PERFORM TO MATURITY
020 697,868 0 69.8% 1.75 N/A PERFORMING PERFORM TO MATURITY
021 8,495,150 0 90.5% 1.51 N/A PERFORMING PERFORM TO MATURITY
022 8,459,128 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
023 7,871,181 0 67.5% 1.39 N/A PERFORMING PERFORM TO MATURITY
024 7,462,338 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
025 7,170,013 0 77.1% 1.54 N/A PERFORMING PERFORM TO MATURITY
026 7,144,455 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
027 7,083,531 0 78.2% 1.37 N/A PERFORMING PERFORM TO MATURITY
028 6,983,866 0 78.9% 0.00 N/A PERFORMING PERFORM TO MATURITY
029 6,871,521 0 74.0% 0.87 N/A PERFORMING PERFORM TO MATURITY
030 6,636,859 0 69.2% 0.00 N/A PERFORMING PERFORM TO MATURITY
031 6,624,845 0 79.7% 1.27 N/A PERFORMING PERFORM TO MATURITY
032 6,475,827 0 75.8% 1.31 N/A PERFORMING PERFORM TO MATURITY
033 6,452,587 0 77.0% 1.42 N/A PERFORMING PERFORM TO MATURITY
034 6,326,100 0 68.8% 1.70 N/A PERFORMING PERFORM TO MATURITY
035 6,204,472 0 71.6% 0.34 N/A PERFORMING PERFORM TO MATURITY
036 5,710,119 2 68.9% 1.34 N/A PERFORMING PERFORM TO MATURITY
037 5,694,228 0 81.3% 1.43 N/A PERFORMING PERFORM TO MATURITY
038 5,623,754 0 65.4% 2.01 N/A PERFORMING PERFORM TO MATURITY
039 5,592,060 0 79.9% 1.38 N/A PERFORMING PERFORM TO MATURITY
040 5,548,162 0 73.7% 1.80 N/A PERFORMING PERFORM TO MATURITY
041 5,427,639 0 77.8% 1.58 N/A PERFORMING ORIGINATION
042 5,417,183 0 75.1% 1.30 N/A PERFORMING ORIGINATION
043 5,379,234 0 77.1% -0.25 N/A PERFORMING PERFORM TO MATURITY
044 5,225,358 0 73.0% 0.97 N/A PERFORMING PERFORM TO MATURITY
045 5,137,027 0 78.3% 1.13 N/A PERFORMING PERFORM TO MATURITY
046 4,989,144 0 N/A 1.20 N/A PERFORMING PERFORM TO MATURITY
047 4,959,842 0 77.5% 1.55 N/A PERFORMING PERFORM TO MATURITY
048 3,290,596 0 74.4% 1.30 N/A PERFORMING ORIGINATION
049 1,640,396 0 74.0% 1.38 N/A PERFORMING PERFORM TO MATURITY
050 4,629,093 0 74.1% 1.49 N/A PERFORMING PERFORM TO MATURITY
051 4,541,373 0 73.2% 1.64 N/A PERFORMING PERFORM TO MATURITY
052 4,506,148 0 72.1% 1.22 N/A PERFORMING PERFORM TO MATURITY
053 4,485,781 0 70.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
054 4,426,947 0 69.5% 1.62 N/A PERFORMING PERFORM TO MATURITY
055 4,378,250 0 78.0% 1.35 N/A PERFORMING PERFORM TO MATURITY
056 4,338,503 0 76.8% 1.31 N/A PERFORMING PERFORM TO MATURITY
057 4,276,718 0 76.0% 1.38 N/A PERFORMING ORIGINATION
058 4,188,749 0 61.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
059 4,090,307 0 49.4% 0.00 N/A PERFORMING PERFORM TO MATURITY
060 3,998,799 0 75.4% 1.46 N/A PERFORMING PERFORM TO MATURITY
061 3,982,463 0 78.9% 0.00 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 3,893,979 0 74.9% 0.00 N/A PERFORMING PERFORM TO MATURITY
064 3,844,310 0 69.6% 1.95 N/A PERFORMING PERFORM TO MATURITY
065 3,798,785 0 70.9% 2.14 N/A PERFORMING PERFORM TO MATURITY
066 3,590,884 0 70.7% 1.34 N/A PERFORMING PERFORM TO MATURITY
067 3,583,888 0 79.6% 1.33 N/A PERFORMING PERFORM TO MATURITY
068 3,441,213 0 76.3% 1.42 N/A PERFORMING PERFORM TO MATURITY
069 3,337,139 0 78.1% 1.32 N/A PERFORMING PERFORM TO MATURITY
070 3,301,627 0 67.2% 2.16 N/A PERFORMING PERFORM TO MATURITY
071 3,292,102 0 68.6% 1.62 N/A PERFORMING PERFORM TO MATURITY
072 3,290,572 0 78.3% 1.42 N/A PERFORMING PERFORM TO MATURITY
073 3,281,206 0 79.1% 1.20 N/A PERFORMING PERFORM TO MATURITY
074 3,236,474 0 72.7% 1.27 N/A PERFORMING PERFORM TO MATURITY
075 3,188,874 0 73.2% 1.56 N/A PERFORMING PERFORM TO MATURITY
076 3,188,275 0 70.9% 0.00 N/A PERFORMING PERFORM TO MATURITY
077 3,129,346 0 74.5% 1.35 N/A PERFORMING PERFORM TO MATURITY
078 3,018,455 0 68.1% 1.34 N/A PERFORMING PERFORM TO MATURITY
079 2,987,452 0 66.9% 1.59 N/A PERFORMING ORIGINATION
080 2,986,225 0 74.0% 1.69 N/A PERFORMING PERFORM TO MATURITY
081 2,909,182 0 74.4% 0.92 N/A PERFORMING PERFORM TO MATURITY
082 2,898,426 0 72.6% 1.52 N/A PERFORMING ORIGINATION
083 2,862,140 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
084 1,295,543 0 N/A 0.95 N/A PERFORMING PERFORM TO MATURITY
085 1,096,229 0 57.7% 1.28 N/A PERFORMING PERFORM TO MATURITY
086 398,629 0 N/A 1.82 N/A PERFORMING PERFORM TO MATURITY
087 2,790,555 0 72.4% 1.57 N/A PERFORMING PERFORM TO MATURITY
088 2,690,267 0 79.7% 1.19 N/A PERFORMING PERFORM TO MATURITY
089 847,372 0 60.5% 1.65 N/A PERFORMING PERFORM TO MATURITY
090 1,812,983 0 71.1% 1.52 N/A PERFORMING PERFORM TO MATURITY
091 2,622,900 0 72.9% 0.00 N/A PERFORMING PERFORM TO MATURITY
092 2,546,845 0 74.9% 1.52 N/A PERFORMING PERFORM TO MATURITY
093 2,511,173 0 62.8% 0.82 N/A PERFORMING PERFORM TO MATURITY
094 2,517,624 0 74.7% 1.14 N/A PERFORMING PERFORM TO MATURITY
095 2,489,657 0 59.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
096 2,495,122 0 78.7% 1.48 N/A PERFORMING ORIGINATION
097 2,491,672 0 68.8% 1.56 N/A PERFORMING PERFORM TO MATURITY
098 2,466,505 0 76.9% 1.30 N/A PERFORMING PERFORM TO MATURITY
099 2,459,878 0 86.3% 0.96 N/A PERFORMING PERFORM TO MATURITY
100 2,445,219 0 71.1% 1.34 N/A PERFORMING ORIGINATION
101 2,421,327 0 74.9% 1.43 N/A PERFORMING PERFORM TO MATURITY
102 2,393,639 0 71.9% 0.26 N/A PERFORMING PERFORM TO MATURITY
103 2,379,721 0 63.0% 1.43 N/A PERFORMING PERFORM TO MATURITY
104 2,372,535 0 73.4% 1.51 N/A PERFORMING PERFORM TO MATURITY
105 2,319,389 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
106 2,317,021 0 79.2% -0.42 N/A PERFORMING PERFORM TO MATURITY
107 2,317,021 0 71.7% 1.32 N/A PERFORMING PERFORM TO MATURITY
108 2,314,498 0 74.6% 1.62 N/A PERFORMING PERFORM TO MATURITY
109 2,191,656 0 70.7% 2.84 N/A PERFORMING PERFORM TO MATURITY
110 2,187,588 0 64.4% 2.61 N/A PERFORMING PERFORM TO MATURITY
111 2,158,310 0 78.6% 1.30 N/A PERFORMING PERFORM TO MATURITY
112 2,141,277 0 69.2% 1.69 N/A PERFORMING PERFORM TO MATURITY
113 2,122,165 0 72.1% 0.80 N/A PERFORMING ORIGINATION
114 2,087,709 0 87.0% 0.00 N/A PERFORMING PERFORM TO MATURITY
115 2,088,856 2 78.5% 1.26 N/A PERFORMING ORIGINATION
116 2,056,258 0 76.8% 1.33 N/A PERFORMING PERFORM TO MATURITY
117 2,050,369 0 69.5% 1.23 N/A PERFORMING PERFORM TO MATURITY
118 1,995,126 0 74.1% 1.54 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 1,964,822 0 75.6% 1.55 N/A PERFORMING PERFORM TO MATURITY
121 1,922,218 0 51.0% 1.51 N/A PERFORMING PERFORM TO MATURITY
122 1,910,085 0 67.6% 1.08 N/A PERFORMING PERFORM TO MATURITY
123 1,894,791 0 72.7% 1.48 N/A PERFORMING ORIGINATION
124 1,874,684 0 76.0% 1.34 N/A PERFORMING PERFORM TO MATURITY
125 1,869,782 0 70.4% 1.51 N/A PERFORMING PERFORM TO MATURITY
126 1,837,050 0 71.5% 1.42 N/A PERFORMING PERFORM TO MATURITY
127 1,796,323 0 N/A 1.30 N/A PERFORMING PERFORM TO MATURITY
128 1,168,408 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
129 629,143 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
130 1,795,304 0 65.3% 0.00 N/A PERFORMING PERFORM TO MATURITY
131 1,793,193 0 73.9% 1.29 N/A PERFORMING ORIGINATION
132 1,783,791 0 75.3% 1.47 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 1,771,743 0 77.0% 1.60 N/A PERFORMING PERFORM TO MATURITY
134 1,765,115 0 78.4% 1.50 N/A PERFORMING PERFORM TO MATURITY
135 1,764,624 0 74.5% 1.95 N/A PERFORMING PERFORM TO MATURITY
136 1,759,409 0 73.6% 1.41 N/A PERFORMING PERFORM TO MATURITY
137 1,740,744 0 65.9% 1.80 N/A PERFORMING PERFORM TO MATURITY
138 1,670,083 0 76.9% 1.44 N/A PERFORMING PERFORM TO MATURITY
139 1,666,573 0 75.8% 1.67 N/A PERFORMING PERFORM TO MATURITY
140 1,648,563 0 82.6% 1.07 N/A PERFORMING PERFORM TO MATURITY
141 1,646,962 0 N/A 1.39 N/A NON-MONETARY DEFAULT PERFORM TO MATURITY
142 1,642,761 0 64.9% 1.31 N/A PERFORMING ORIGINATION
143 1,642,501 0 63.5% 1.68 N/A PERFORMING PERFORM TO MATURITY
144 1,635,643 0 74.6% 1.37 N/A PERFORMING ORIGINATION
145 1,636,749 0 77.4% 1.62 N/A PERFORMING PERFORM TO MATURITY
146 1,609,853 0 76.0% 1.34 N/A PERFORMING PERFORM TO MATURITY
147 1,593,662 0 63.6% 1.37 N/A PERFORMING PERFORM TO MATURITY
148 1,563,912 0 70.4% 1.54 N/A PERFORMING PERFORM TO MATURITY
149 1,545,684 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
150 1,545,526 0 75.6% 1.28 N/A PERFORMING ORIGINATION
151 1,545,901 0 78.1% 1.06 N/A PERFORMING PERFORM TO MATURITY
152 1,520,375 0 69.9% 1.42 N/A PERFORMING PERFORM TO MATURITY
153 1,517,533 0 69.0% 2.03 N/A PERFORMING PERFORM TO MATURITY
154 1,495,293 0 68.3% 1.74 N/A PERFORMING PERFORM TO MATURITY
155 1,492,934 0 58.2% 1.46 N/A PERFORMING ORIGINATION
156 1,495,474 0 70.9% 1.61 N/A PERFORMING PERFORM TO MATURITY
157 1,491,130 0 61.0% 0.83 N/A PERFORMING ORIGINATION
158 1,468,088 0 63.8% 1.56 N/A PERFORMING PERFORM TO MATURITY
159 1,453,987 0 73.7% 0.95 N/A PERFORMING PERFORM TO MATURITY
160 1,431,247 0 68.5% 1.49 N/A PERFORMING PERFORM TO MATURITY
161 1,408,232 0 64.0% 1.64 N/A PERFORMING PERFORM TO MATURITY
162 1,407,215 0 66.9% 1.30 N/A PERFORMING PERFORM TO MATURITY
163 1,392,292 0 69.6% 1.56 N/A PERFORMING PERFORM TO MATURITY
164 1,345,424 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
165 1,337,414 0 77.2% 1.36 N/A PERFORMING PERFORM TO MATURITY
166 1,295,587 0 72.7% 1.21 N/A PERFORMING PERFORM TO MATURITY
167 1,295,548 0 76.2% 0.00 N/A PERFORMING PERFORM TO MATURITY
168 1,231,717 0 78.2% 0.85 N/A PERFORMING PERFORM TO MATURITY
169 1,225,594 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
170 1,195,419 0 70.3% 2.12 N/A PERFORMING PERFORM TO MATURITY
171 1,196,491 0 76.3% 1.31 N/A PERFORMING ORIGINATION
172 1,186,224 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
173 1,177,255 0 67.4% 1.91 N/A PERFORMING PERFORM TO MATURITY
174 1,169,356 0 69.8% 1.34 N/A PERFORMING PERFORM TO MATURITY
175 1,092,230 0 72.0% 1.47 N/A PERFORMING PERFORM TO MATURITY
176 1,076,759 0 71.1% 1.60 N/A PERFORMING PERFORM TO MATURITY
177 1,062,794 0 74.2% 1.36 N/A PERFORMING PERFORM TO MATURITY
178 1,038,642 0 N/A 1.41 N/A PERFORMING PERFORM TO MATURITY
179 1,016,654 0 70.1% 1.60 N/A PERFORMING PERFORM TO MATURITY
180 1,008,397 0 70.1% 1.37 N/A PERFORMING PERFORM TO MATURITY
181 1,001,471 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
182 1,005,455 0 68.4% 1.31 N/A PERFORMING PERFORM TO MATURITY
183 997,932 0 N/A 0.49 N/A PERFORMING PERFORM TO MATURITY
184 996,526 0 68.7% 1.39 N/A PERFORMING PERFORM TO MATURITY
185 958,807 0 79.9% 1.16 N/A PERFORMING PERFORM TO MATURITY
186 897,950 0 56.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
187 893,643 0 72.3% 1.47 N/A PERFORMING PERFORM TO MATURITY
188 881,148 0 66.7% 2.33 N/A PERFORMING PERFORM TO MATURITY
189 863,274 0 78.5% 1.12 N/A PERFORMING PERFORM TO MATURITY
190 847,154 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
191 844,856 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
192 827,026 0 73.5% 1.56 N/A PERFORMING PERFORM TO MATURITY
193 808,054 0 66.8% 1.66 N/A PERFORMING PERFORM TO MATURITY
194 786,572 0 61.5% 1.62 N/A PERFORMING ORIGINATION
195 778,282 0 50.2% 1.21 N/A PERFORMING PERFORM TO MATURITY
196 758,774 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
197 746,873 0 73.5% 1.36 N/A PERFORMING PERFORM TO MATURITY
198 740,070 0 52.9% 0.00 N/A PERFORMING PERFORM TO MATURITY
199 722,330 0 72.2% 1.62 N/A PERFORMING PERFORM TO MATURITY
200 714,139 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
201 667,845 0 N/A 1.65 N/A PERFORMING PERFORM TO MATURITY
202 660,286 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 1.47 N/A PERFORMING PERFORM TO MATURITY
204 639,302 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
205 612,207 0 73.3% 1.45 N/A PERFORMING PERFORM TO MATURITY
206 555,946 0 N/A 1.46 N/A PERFORMING PERFORM TO MATURITY
207 540,801 0 75.5% 1.40 N/A PERFORMING PERFORM TO MATURITY
- --- ------------- --- ------ ---- --- ------------------------- ------------------------------
TOTAL 759,063,362
=============
</TABLE>
Page - 31
<PAGE>
<TABLE>
MIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Loan Terms
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: March, 2000
DATE PRINTED: 10-Mar-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 44,902,535 10/28/1999 11/01/2029 356 8.580% F 348,566
002 36,367,171 08/26/1999 09/01/2029 114 8.000% F 267,824
003 32,744,045 06/25/1999 07/01/2029 112 7.740% F 235,286
004 20,948,553 11/01/1999 11/01/2029 116 8.060% F 154,970
005 13,543,358 08/18/1999 09/01/2029 114 7.430% F 94,442
006 12,460,914 09/07/1999 10/01/2029 115 7.760% F 89,638
007 12,179,548 09/29/1999 10/01/2029 79 8.600% F 94,673
008 11,648,982 06/18/1999 07/01/2029 112 8.180% F 87,323
009 11,373,663 10/29/1999 11/01/2029 116 8.310% F 86,126
010 11,346,838 10/26/1998 11/01/2028 104 6.320% F 71,332
011 10,978,874 09/30/1999 10/01/2029 115 8.190% F 82,176
012 10,978,194 09/20/1999 10/01/2029 115 8.090% F 81,405
013 10,223,685 08/31/1998 09/01/2028 102 6.700% F 66,980
014 9,939,809 07/09/1999 08/01/2024 113 8.650% F 81,536
015 9,452,150 05/19/1999 06/01/2029 111 7.480% F 66,295
016 4,469,151 09/07/1999 10/01/2029 115 8.100% F 33,171
017 1,754,155 09/08/1999 10/01/2029 115 8.700% F 13,760
018 1,087,237 09/08/1999 10/01/2029 115 8.700% F 8,528
019 854,614 09/08/1999 10/01/2029 115 8.700% F 6,704
020 697,868 09/08/1999 10/01/2029 115 8.700% F 5,474
021 8,495,150 07/30/1998 08/01/2028 341 6.890% F 56,845
022 8,459,128 10/13/1999 11/01/2029 116 8.040% F 62,460
023 7,871,181 08/09/1999 09/01/2029 114 7.990% F 57,912
024 7,462,338 09/15/1999 10/01/2029 115 7.890% F 54,349
025 7,170,013 08/18/1999 09/01/2029 114 7.430% F 49,999
026 7,144,455 10/25/1999 11/01/2029 116 8.570% F 55,410
027 7,083,531 09/21/1999 10/01/2029 115 7.570% F 49,985
028 6,983,866 09/03/1999 10/01/2029 115 8.320% F 52,934
029 6,871,521 07/19/1999 08/01/2029 113 7.980% F 50,534
030 6,636,859 09/23/1999 10/01/2029 115 8.100% F 49,260
031 6,624,845 06/25/1999 07/01/2029 112 7.890% F 48,286
032 6,475,827 08/20/1999 09/01/2029 114 7.910% F 47,288
033 6,452,587 06/23/1998 07/01/2028 100 6.860% F 42,963
034 6,326,100 10/13/1999 11/01/2024 116 8.370% F 50,577
035 6,204,472 05/20/1999 06/01/2024 111 7.960% F 48,150
036 5,710,119 08/12/1999 09/01/2029 114 8.170% F 42,688
037 5,694,228 01/15/1998 02/01/2028 95 7.190% F 39,330
038 5,623,754 10/13/1999 11/01/2024 116 8.370% F 44,962
039 5,592,060 10/15/1999 11/01/2029 116 8.360% F 42,505
040 5,548,162 05/06/1998 06/01/2023 99 7.420% F 41,643
041 5,427,639 10/22/1999 11/01/2029 116 8.380% F 41,367
042 5,417,183 09/01/1999 10/01/2029 115 8.300% F 41,000
043 5,379,234 08/03/1999 09/01/2029 114 7.770% F 38,761
044 5,225,358 05/14/1999 06/01/2029 111 7.740% F 37,575
045 5,137,027 10/11/1999 11/01/2029 116 7.940% F 37,574
046 4,989,144 10/25/1999 11/01/2029 116 8.570% F 38,694
047 4,959,842 12/15/1997 01/01/2028 154 7.440% F 35,103
048 3,290,596 09/03/1999 10/01/2029 115 8.130% F 24,514
049 1,640,396 08/04/1999 09/01/2024 114 8.130% F 12,877
050 4,629,093 08/19/1999 09/01/2029 114 8.000% F 34,091
051 4,541,373 09/08/1999 10/01/2029 115 8.230% F 34,119
052 4,506,148 04/08/1998 05/01/2023 122 8.160% F 35,992
053 4,485,781 09/30/1999 10/01/2024 115 8.560% F 36,417
054 4,426,947 03/27/1998 04/01/2028 97 7.180% F 30,485
055 4,378,250 05/21/1999 06/01/2029 111 7.550% F 30,916
056 4,338,503 10/17/1998 11/01/2023 104 6.640% F 30,300
057 4,276,718 04/21/1999 05/01/2029 110 7.760% F 30,828
058 4,188,749 10/13/1999 05/01/2027 116 8.790% F 33,806
059 4,090,307 10/05/1999 11/01/2024 116 8.670% F 33,485
060 3,998,799 04/29/1998 05/01/2028 98 7.950% F 29,576
061 3,982,463 06/30/1999 07/01/2029 112 8.160% F 29,798
062 3,890,883 10/08/1999 11/01/2029 116 8.260% F 29,327
063 3,893,979 10/20/1999 11/01/2029 116 8.080% F 28,835
064 3,844,310 08/05/1998 09/01/2028 102 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 3,798,785 08/28/1998 10/01/2023 103 7.260% F 28,034
066 3,590,884 08/11/1999 09/01/2029 114 8.260% F 27,071
067 3,583,888 06/09/1999 07/01/2029 112 7.300% F 24,681
068 3,441,213 08/06/1999 09/01/2029 114 8.240% F 25,894
069 3,337,139 06/25/1999 07/01/2029 112 7.840% F 24,208
070 3,301,627 08/12/1998 09/01/2028 342 6.890% F 22,041
071 3,292,102 10/15/1999 11/01/2029 116 8.160% F 24,583
072 3,290,572 09/24/1999 10/01/2029 115 8.120% F 24,491
073 3,281,206 10/05/1998 11/01/2028 344 6.900% F 21,866
074 3,236,474 06/10/1999 07/01/2029 76 8.350% F 24,645
075 3,188,874 06/18/1999 07/01/2029 112 8.270% F 24,104
076 3,188,275 08/11/1999 09/01/2024 294 9.130% F 27,140
077 3,129,346 07/28/1999 08/01/2024 113 8.210% F 24,752
078 3,018,455 08/23/1999 10/01/2027 115 8.610% F 23,865
079 2,987,452 08/26/1999 09/01/2024 114 8.520% F 24,197
080 2,986,225 08/06/1999 09/01/2024 114 8.070% F 23,294
081 2,909,182 05/27/1999 06/01/2029 111 7.910% F 21,279
082 2,898,426 09/02/1999 10/01/2024 115 8.630% F 23,696
083 2,862,140 09/13/1999 10/01/2024 115 8.450% F 23,053
084 1,295,543 10/26/1999 11/01/2024 116 8.880% F 10,803
085 1,096,229 10/26/1999 11/01/2024 116 8.880% F 9,141
086 398,629 10/26/1999 11/01/2024 116 8.880% F 3,324
087 2,790,555 07/28/1999 08/01/2029 113 7.810% F 20,176
088 2,690,267 06/24/1999 07/01/2029 52 8.050% F 19,906
089 847,372 07/30/1998 08/01/2028 101 7.030% F 5,739
090 1,812,983 07/30/1998 08/01/2028 101 7.030% F 12,279
091 2,622,900 09/22/1999 10/01/2029 115 8.340% F 19,925
092 2,546,845 07/31/1998 09/01/2028 102 7.050% F 17,252
093 2,511,173 08/23/1999 09/01/2014 174 8.510% F 25,155
094 2,517,624 07/09/1999 08/01/2019 113 8.190% F 21,598
095 2,489,657 10/15/1999 11/01/2024 116 7.840% F 19,031
096 2,495,122 09/09/1999 10/01/2029 115 8.140% F 18,589
097 2,491,672 08/30/1999 09/01/2029 114 8.360% F 18,975
098 2,466,505 08/19/1998 09/01/2028 342 6.870% F 16,415
099 2,459,878 01/09/1998 02/01/2028 95 7.740% F 17,893
100 2,445,219 09/07/1999 10/01/2029 115 8.140% F 18,217
101 2,421,327 05/27/1999 06/01/2029 171 7.980% F 17,811
102 2,393,639 09/03/1999 10/01/2029 115 8.410% F 18,301
103 2,379,721 09/16/1998 10/01/2023 103 7.110% F 17,310
104 2,372,535 07/21/1999 08/01/2029 113 8.060% F 17,563
105 2,319,389 10/13/1999 11/01/2024 116 8.530% F 18,792
106 2,317,021 08/16/1999 09/01/2029 114 8.240% F 17,451
107 2,317,021 08/06/1999 09/01/2029 114 8.240% F 17,451
108 2,314,498 08/20/1999 09/01/2024 114 8.150% F 18,176
109 2,191,656 09/24/1999 10/01/2024 115 9.280% F 18,886
110 2,187,588 07/21/1999 08/01/2024 113 7.890% F 16,820
111 2,158,310 06/16/1999 07/01/2029 112 8.100% F 16,045
112 2,141,277 10/28/1999 11/01/2024 116 7.950% F 16,523
113 2,122,165 09/03/1999 10/01/2029 115 8.280% F 16,032
114 2,087,709 09/17/1999 10/01/2026 238 8.140% F 15,989
115 2,088,856 10/04/1999 11/01/2029 116 8.170% F 15,599
116 2,056,258 08/14/1998 09/01/2023 102 6.880% F 14,682
117 2,050,369 06/04/1998 07/01/2023 100 7.980% F 16,103
118 1,995,126 08/24/1999 09/01/2029 114 8.390% F 15,223
119 1,965,834 09/10/1999 10/01/2029 115 7.760% F 14,141
120 1,964,822 01/08/1998 02/01/2028 36 7.610% F 14,135
121 1,922,218 09/10/1999 05/01/2025 115 8.120% F 14,294
122 1,910,085 08/11/1998 09/01/2023 102 6.980% F 13,757
123 1,894,791 10/01/1999 10/01/2024 116 7.980% F 14,639
124 1,874,684 09/30/1999 10/01/2029 115 8.160% F 14,005
125 1,869,782 07/12/1999 08/01/2024 113 7.850% F 14,347
126 1,837,050 06/04/1999 07/01/2024 112 7.750% F 13,989
127 1,796,323 10/13/1999 11/01/2029 116 8.820% F 14,251
128 1,168,408 10/11/1999 11/01/2029 116 8.490% F 8,988
129 629,143 10/11/1999 11/01/2029 116 8.490% F 4,840
130 1,795,304 09/29/1999 10/01/2029 115 8.470% F 13,802
131 1,793,193 08/23/1999 09/01/2029 114 7.840% F 13,008
132 1,783,791 05/28/1999 06/01/2024 111 7.880% F 13,750
133 1,771,743 06/26/1998 07/01/2028 340 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 1,765,115 09/04/1998 10/01/2023 103 6.900% F 12,607
135 1,764,624 07/13/1999 08/01/2024 113 8.330% F 14,080
136 1,759,409 05/26/1999 06/01/2029 111 7.900% F 12,857
137 1,740,744 07/14/1999 08/01/2024 113 8.200% F 13,739
138 1,670,083 07/21/1999 08/01/2029 113 8.280% F 12,619
139 1,666,573 07/22/1998 08/01/2023 161 7.510% F 12,574
140 1,648,563 09/28/1999 10/01/2019 235 7.890% F 13,763
141 1,646,962 09/23/1999 10/01/2029 115 8.320% F 12,477
142 1,642,761 09/08/1999 10/01/2024 115 8.550% F 13,342
143 1,642,501 08/04/1999 09/01/2024 114 8.120% F 12,866
144 1,635,643 10/05/1999 11/01/2024 116 8.130% F 12,799
145 1,636,749 09/10/1999 10/01/2029 115 8.090% F 12,137
146 1,609,853 09/10/1999 10/01/2029 115 8.140% F 11,993
147 1,593,662 07/06/1999 08/01/2029 113 8.140% F 11,897
148 1,563,912 06/03/1999 07/01/2024 112 8.450% F 12,629
149 1,545,684 09/21/1999 10/01/2029 115 8.220% F 11,612
150 1,545,526 09/22/1999 10/01/2029 115 8.080% F 11,460
151 1,545,901 08/13/1999 09/01/2029 114 8.110% F 11,492
152 1,520,375 08/23/1999 09/01/2009 114 8.300% F 12,107
153 1,517,533 08/03/1998 09/01/2023 102 7.270% F 11,223
154 1,495,293 09/20/1999 10/01/2024 115 8.590% F 12,170
155 1,492,934 09/10/1999 10/01/2024 115 8.180% F 11,757
156 1,495,474 07/21/1999 08/01/2029 113 8.190% F 11,206
157 1,491,130 09/08/1999 10/01/2019 115 8.300% F 12,828
158 1,468,088 08/20/1998 09/01/2023 282 7.180% F 10,775
159 1,453,987 05/25/1999 06/01/2029 111 8.200% F 10,917
160 1,431,247 06/21/1999 07/01/2019 172 8.030% F 12,155
161 1,408,232 10/20/1998 11/01/2018 224 6.950% F 11,198
162 1,407,215 06/03/1999 07/01/2024 112 8.400% F 11,303
163 1,392,292 08/13/1999 09/01/2024 114 8.430% F 11,207
164 1,345,424 08/30/1999 09/01/2029 114 8.290% F 10,180
165 1,337,414 07/15/1999 08/01/2029 113 7.950% F 9,808
166 1,295,587 09/21/1999 10/01/2024 115 8.240% F 10,241
167 1,295,548 09/27/1999 10/01/2024 115 8.200% F 10,206
168 1,231,717 10/08/1998 11/01/2023 104 7.270% F 9,087
169 1,225,594 10/22/1999 11/01/2029 116 9.010% F 9,882
170 1,195,419 08/02/1999 09/01/2024 114 8.460% F 9,646
171 1,196,491 08/18/1999 09/01/2029 174 7.750% F 8,597
172 1,186,224 10/13/1999 11/01/2029 116 8.770% F 9,361
173 1,177,255 09/10/1998 10/01/2023 283 7.470% F 8,844
174 1,169,356 10/01/1999 11/01/2024 116 8.400% F 9,372
175 1,092,230 05/28/1999 06/01/2024 111 8.280% F 8,695
176 1,076,759 08/19/1998 09/01/2023 102 7.220% F 7,930
177 1,062,794 05/17/1999 06/01/2009 111 8.310% F 8,069
178 1,038,642 10/08/1999 11/01/2029 116 8.620% F 8,085
179 1,016,654 10/28/1998 11/01/2028 44 7.180% F 6,971
180 1,008,397 08/02/1999 09/01/2029 114 8.090% F 7,489
181 1,001,471 09/14/1999 10/01/2014 175 8.660% F 10,091
182 1,005,455 10/05/1999 11/01/2029 116 8.100% F 7,459
183 997,932 10/18/1999 11/01/2029 116 8.770% F 7,881
184 996,526 08/05/1999 09/01/2029 114 8.190% F 7,471
185 958,807 10/14/1999 11/01/2029 116 8.770% F 7,566
186 897,950 10/15/1999 11/01/2029 116 8.370% F 6,837
187 893,643 06/02/1999 06/01/2024 111 8.280% F 7,114
188 881,148 08/03/1998 09/01/2023 102 7.270% F 6,517
189 863,274 09/17/1998 10/01/2023 283 7.010% F 6,225
190 847,154 08/25/1999 09/01/2029 114 8.340% F 6,440
191 844,856 05/12/1999 06/01/2024 111 9.000% F 7,133
192 827,026 07/08/1999 08/01/2029 113 8.520% F 6,394
193 808,054 08/11/1998 09/01/2023 102 6.960% F 5,810
194 786,572 08/26/1999 09/01/2014 174 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 116 8.510% F 6,003
196 758,774 09/28/1999 10/01/2029 115 8.710% F 5,957
197 746,873 07/26/1999 08/01/2009 113 7.940% F 5,472
198 740,070 09/22/1999 10/01/2014 115 8.730% F 7,487
199 722,330 10/06/1999 11/01/2024 116 8.490% F 5,833
200 714,139 09/13/1999 10/01/2024 115 8.860% F 5,942
201 667,845 08/12/1999 09/01/2029 114 8.500% F 5,152
202 660,286 10/29/1999 11/01/2019 116 8.890% F 5,918
203 654,737 10/07/1999 11/01/2029 80 9.060% F 5,307
204 639,302 10/18/1999 11/01/2029 116 9.150% F 5,219
205 612,207 08/11/1998 09/01/2023 102 6.980% F 4,409
206 555,946 09/28/1999 10/01/2019 115 8.850% F 4,985
207 540,801 08/02/1999 09/01/2024 114 8.510% F 4,382
- --- ------------- ---------- ---------- ---- -------- ----- -----------
TOTAL 759,063,362
===========
</TABLE>
Page - 35
<PAGE>
<TABLE>
MIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Property Description
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: March, 2000
DATE PRINTED: 10-Mar-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 TOWNSHI 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 N/A N/A N/A
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
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
</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>
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 N/A 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
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
</TABLE>
Page - 38
<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>
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
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
</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>
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 N/A N/A N/A N/A N/A N/A N/A 95.1% 10/12/99
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 N/A N/A N/A N/A N/A N/A N/A N/A N/A
005 1 1,727,545 N/A UNDERWRITER 392,122 7/1/99 9/30/99 BORROWER 94.0% 9/20/99
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 1 764,615 N/A UNDERWRITER 962,022 1/1/99 9/30/99 BORROWER 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 1 327,886 12/31/98 BORROWER 229,158 1/1/99 9/30/99 BORROWER 96.4% 10/20/99
010 2 205,203 12/31/98 BORROWER 137,960 1/1/99 9/30/99 BORROWER 87.4% 10/20/99
010 3 454,889 12/31/98 BORROWER 369,479 1/1/99 9/30/99 BORROWER 98.8% 10/20/99
010 4 429,688 12/31/98 BORROWER 325,849 1/1/99 9/30/99 BORROWER 96.5% 10/20/99
011 1 N/A N/A N/A 496,541 1/1/99 7/31/99 BORROWER 94.0% 7/25/99
012 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
013 1 1,168,912 N/A UNDERWRITER 1,142,714 9/1/98 7/31/99 UNDERWRITER 100.0% 8/22/99
014 1 2,133,223 N/A UNDERWRITER 1,742,726 1/1/99 10/31/99 BORROWER 86.0% 7/31/99
015 1 975,207 N/A UNDERWRITER 419,577 6/1/99 9/30/99 BORROWER 93.3% 9/30/99
016 1 530,850 12/31/99 BORROWER N/A N/A N/A N/A 97.0% 2/3/00
017 1 297,304 N/A UNDERWRITER 234,282 1/1/99 9/30/99 BORROWER 100.0% 10/31/99
018 1 192,818 N/A UNDERWRITER 153,494 1/1/99 9/30/99 BORROWER 100.0% 10/31/99
019 1 125,274 N/A UNDERWRITER 101,106 1/1/99 9/30/99 BORROWER 100.0% 10/31/99
020 1 115,254 N/A UNDERWRITER 84,058 1/1/99 9/30/99 BORROWER 100.0% 10/31/99
020 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
021 1 1,035,982 N/A UNDERWRITER 814,097 1/1/99 9/30/99 BORROWER 97.9% 11/22/99
022 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
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% 12/31/99
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 244,758 7/1/99 9/30/99 BORROWER 96.1% 11/1/99
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 214,547 7/1/99 9/30/99 BORROWER 90.6% 9/30/99
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 1,037,376 7/31/99 BORROWER N/A N/A N/A N/A 76.8% 7/1/99
035 1 201,348 N/A UNDERWRITER 467,982 1/1/99 9/30/99 BORROWER 87.1% 10/28/99
036 1 690,437 N/A UNDERWRITER N/A N/A N/A N/A 95.1% 8/10/99
037 1 675,496 N/A UNDERWRITER 488,231 1/1/99 9/30/99 BORROWER 95.2% 6/20/99
038 1 1,086,936 N/A UNDERWRITER 1,053,792 1/1/99 11/30/99 BORROWER 79.6% 11/30/99
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 1 786,018 N/A UNDERWRITER 476,682 1/1/99 7/31/99 UNDERWRITER 97.0% 9/13/99
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 107,295 11/1/99 12/31/99 BORROWER 80.0% 12/31/99
047 1 653,515 N/A UNDERWRITER N/A N/A N/A N/A 99.0% 6/25/99
048 1 384,357 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 9/7/99
049 1 214,711 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 8/2/99
050 1 609,885 N/A UNDERWRITER 258,913 1/1/99 6/30/99 BORROWER 100.0% 5/1/99
051 1 672,989 N/A UNDERWRITER 325,700 1/1/99 6/30/99 UNDERWRITER 94.0% 6/30/99
052 1 531,212 N/A UNDERWRITER 509,799 1/1/99 9/30/99 BORROWER 100.0% 9/30/99
053 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 1/4/00
054 1 593,970 N/A UNDERWRITER 324,606 1/1/99 9/30/99 BORROWER 97.0% 10/1/99
055 1 502,890 N/A UNDERWRITER 352,055 1/1/99 9/30/99 BORROWER 100.0% 9/7/99
056 1 477,254 N/A UNDERWRITER 288,986 1/1/99 6/30/99 UNDERWRITER 100.0% 6/30/99
057 1 510,585 N/A UNDERWRITER 131,735 5/1/99 7/31/99 BORROWER 89.0% 4/9/99
058 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 2/1/99
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 N/A N/A N/A N/A 100.0% 9/1/99
064 1 603,719 N/A UNDERWRITER 491,889 1/1/99 9/30/99 BORROWER 97.0% 10/29/99
065 1 720,273 N/A UNDERWRITER 589,393 1/1/99 9/30/99 BORROWER 81.3% 9/30/99
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 152,022 6/1/99 9/30/99 BORROWER 92.1% 9/30/99
068 1 444,017 N/A UNDERWRITER 279,860 1/1/99 9/30/99 BORROWER 100.0% 9/22/99
069 1 386,251 N/A UNDERWRITER 296,161 1/1/99 9/30/99 BORROWER 96.9% 9/30/99
070 1 573,045 N/A UNDERWRITER 409,006 1/1/99 9/30/99 BORROWER 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 1 377,246 12/31/98 BORROWER 264,025 1/1/99 7/25/99 BORROWER 92.0% 6/28/99
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 N/A N/A N/A N/A N/A N/A
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% 10/28/99
078 1 386,475 12/31/98 BORROWER 303,644 1/1/99 8/31/99 BORROWER 100.0% 4/1/99
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 94,139 7/1/99 9/30/99 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 N/A N/A N/A N/A N/A N/A
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 72,826 12/31/98 BORROWER 46,512 1/1/99 7/31/99 BORROWER N/A N/A
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 1 285,977 N/A UNDERWRITER 263,263 1/1/99 9/30/99 BORROWER 96.9% 9/30/99
</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 1 114,169 12/31/98 BORROWER 105,013 1/1/99 9/30/99 BORROWER 100.0% 9/29/99
090 1 224,573 N/A UNDERWRITER 192,291 1/1/99 9/30/99 BORROWER 90.9% 9/29/99
091 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
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 1 297,827 N/A UNDERWRITER 272,173 1/1/99 9/30/99 BORROWER 100.0% 9/30/99
095 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
096 1 331,184 N/A UNDERWRITER 212,056 1/1/99 9/25/99 BORROWER 79.4% 11/11/99
097 1 356,689 N/A UNDERWRITER 241,266 1/1/99 9/30/99 BORROWER 88.9% 10/29/99
098 1 257,767 N/A UNDERWRITER 202,127 1/1/99 9/30/99 BORROWER 100.0% 9/30/99
099 1 206,475 N/A UNDERWRITER 243,682 1/1/99 9/30/99 BORROWER 95.1% 10/1/99
100 1 294,327 N/A UNDERWRITER 124,640 1/1/99 9/30/99 BORROWER 100.0% 9/30/99
101 1 307,418 N/A UNDERWRITER 311,948 1/1/99 9/20/99 BORROWER 96.8% 10/31/99
102 1 58,895 N/A UNDERWRITER 189,715 1/1/99 9/30/99 BORROWER 90.9% 10/31/99
103 1 299,029 N/A UNDERWRITER 94,620 1/1/99 6/30/99 UNDERWRITER 98.0% 9/1/99
104 1 319,546 N/A UNDERWRITER 462,582 1/1/99 9/30/99 BORROWER 97.4% 11/1/99
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 178,857 6/10/99 10/31/99 BORROWER 98.4% 10/31/99
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 1 251,207 N/A UNDERWRITER 130,448 1/1/99 9/30/99 BORROWER 86.5% 9/30/99
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 121,174 1/1/99 9/30/99 BORROWER 100.0% 10/28/99
116 1 235,548 12/31/97 BORROWER 185,063 1/1/99 9/30/99 BORROWER 97.9% 11/1/99
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 1 260,551 N/A UNDERWRITER 216,090 1/1/99 9/30/99 BORROWER 95.0% 9/30/99
124 1 225,989 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 9/24/99
125 1 261,220 N/A UNDERWRITER 153,617 1/1/99 9/30/99 BORROWER 95.5% 9/30/99
126 1 238,539 N/A UNDERWRITER 44,500 1/1/99 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 N/A N/A N/A 55,650 1/1/99 8/31/99 FILE N/A N/A
128 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
129 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
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 1 227,651 N/A UNDERWRITER 172,911 1/1/99 9/30/99 BORROWER 96.0% 9/27/99
135 1 330,285 N/A UNDERWRITER N/A N/A N/A N/A 99.0% 6/22/99
136 1 217,930 N/A UNDERWRITER 99,329 1/1/99 6/30/99 BORROWER 100.0% 4/9/99
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 1 209,220 8/30/99 BORROWER N/A N/A N/A N/A 100.0% 7/15/99
142 1 209,786 N/A UNDERWRITER 172,862 1/1/99 9/30/99 BORROWER 100.0% 11/1/99
</TABLE>
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<PAGE>
MIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Asset Comments
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: March, 2000
DATE PRINTED: 10-Mar-00
LOAN 001 - 1: Latest Annual Statement Comment: 06/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 002 - 1:
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:
LOAN 005 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM, CAPITAL
EXPENSES PER BORROWER'S BUDGETED AMOUNT.
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:
LOAN 009 - 1:
LOAN 010 - 3: Latest Annual Statement Comment: 12/31/1998 -
BORROWER REPORTED AN INCREASE IN PARTNER MGMT EXP COMPARED TO LAST YEAR.
PROPERTY TAXES PER BORROWER. INSURANCE NORMALIZED PER 1997 FIGURE. DEBT SERVICE
WAS PRORATED BASED ON UNDERWRITING NOI. Partial Year Statement Comment:
09/30/1999 - NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM
LOAN 010 - 2: Latest Annual Statement Comment: 12/31/1998 -
PROPERTY TAXES PER BORROWER. INSURANCE NORMALIZED PER 1997 FIGURE. DEBT SERVICE
WAS PRORATED BASED ON UNDERWRITING NOI. Partial Year Statement Comment:
09/30/1999 - NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM
LOAN 010 - 1: Latest Annual Statement Comment: 12/31/1998 -
PROPERTY TAXES AND PER BORROWER. INSURANCE NORMALIZED PER 1997 FIGURE. DEBT
SERVICE WAS PRORATED BASED ON UNDERWRITING NOI. Partial Year Statement
Comment: 09/30/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING
SYSTEM
LOAN 010 - 4: Latest Annual Statement Comment: 12/31/1998 -
INSURANCE PER BORROWER. PROPERTY TAXES NORMALIZED PER UNDERWRITING. DEBT SERVICE
WAS PRORATED BASED ON UNDERWRITING NOI. Partial Year Statement Comment:
09/30/1999 - NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM
LOAN 011 - 1:
LOAN 012 - 1:
LOAN 013 - 1:
Page - 44
<PAGE>
LOAN 014 - 1: Partial Year Statement Comment: 10/31/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 015 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
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: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 018 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 019 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 020 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 020 - 2:
LOAN 021 - 1: Latest Annual Statement Comment: 12/31/1998 -
NORMALIZED PROPERTY TAXES PER LOAN SERVICING INFORMATION. INSURANCE PER
BORROWER. PROFESSIONAL FEE INCLUDES LEGAL AND CONSULTING FEES ASSOCIATED WITH
THE CLOSING OF THE LOAN. Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
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: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 030 - 1:
LOAN 031 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICNG SYSTEM
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: 07/31/1999 -
PROPERTY TAXES AND INSURANCE NORMALIZED PER BORROWER.
LOAN 035 - 1:
LOAN 036 - 1:
Page - 45
<PAGE>
LOAN 037 - 1: Latest Annual Statement Comment: 12/31/1998 -
NORMALIZED TAX AND INSURANCE PER LOAN SERVICING. OTHER INCOME INCREASED DUE TO
A 100% INCREASE IN LAUNDRY INCOME OVER BUDGET.
LOAN 038 - 1:
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:
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. Partial
Year Statement Comment: 12/31/1999 - NORMALIZED PROPERTY TAX AND INSURANCE PER
LOAN SERVICING SYSTEM. BORROWER REPORTED 2 MONTHS.
LOAN 047 - 1:
LOAN 048 - 1:
LOAN 049 - 1:
LOAN 050 - 1: Partial Year Statement Comment: 06/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 051 - 1:
LOAN 052 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 053 - 1:
LOAN 054 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 055 - 1:
LOAN 056 - 1:
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:
Page - 46
<PAGE>
LOAN 064 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 065 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING INFORMATION. INCREASE
IN REVENUE DUE TO THE SEASONALITY OF THE BUSINESS, CAUSING INCREASE IN DSCR.
VARIANCE IN LINE ITEMS DUE TO DIFFERENT CATEGORIZATION OF EXPENSES.
LOAN 066 - 1:
LOAN 067 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 068 - 1:
LOAN 069 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 070 - 1: Latest Annual Statement Comment: 08/31/1999 -
OTHER EXPENSE INCLUDES COST OF CATA BUS PASSES FOR COMPLEX. THE 1998 STATEMENT
INDICATES A LOWER COST FOR THE BUS PASSES AS THE BORROWER NEGOTIATED A LOWER
RATE FROM CATA FOR 1998. Partial Year Statement Comment: 09/30/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER LOAN SERVICING INFORMATION.
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: Partial Year Statement Comment: 07/25/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
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: 12/31/1998 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM. Partial
Year Statement Comment: 08/31/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER
LOAN SERVICING SYSTEM.
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: 09/30/1999 -
NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM. NO MONEY ESCROWED FOR INSURANCE.
Page - 47
<PAGE>
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:
LOAN 086 - 1: Partial Year Statement Comment: 07/31/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 086 - 2:
LOAN 086 - 3:
LOAN 087 - 1:
LOAN 088 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 089 - 1: Latest Annual Statement Comment: 12/31/1998 -
NORMALIZED PROPERTY TAXES PER SERVICING INFORMATION. NORMALIZED INSURANCE PER
BASE LINE. BORROWER REPORTED FEWER OFFICE STAFF SALARIES. BORROWER DID NOT
REPORT PROPERTY TAXES & INSURANCE. Partial Year Statement Comment:
09/30/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM.
BORROWER DID NOT REPORT PROPERTY TAXES.
LOAN 090 - 1: Latest Annual Statement Comment: 12/31/1998 -
NORMALIZED PROPERTY TAXES PER LOAN SERVICING INFORMATION. NORMALIZED INSURANCE
PER BASE LINE. NORMALIZED MANAGEMENT FEES TO 3.5% OF REVENUES, SIMILAR TO 97
FIGURES. BRWR. DID NOT REPORT OFFICE STAFF PAYROLL. BRWR. DID NOT REPORT
PROPERTY TAXES & INS. Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM
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: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 095 - 1:
LOAN 096 - 1: Partial Year Statement Comment: 09/25/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
Page - 48
<PAGE>
LOAN 097 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 098 - 1: Latest Annual Statement Comment: 12/31/1998 -
'OTHER INCOME' HAS INCREASED DUE TO LAUNDRY INCOME. UTILITIES HAVE INCREASED DUE
TO WATER/SEWER EXPENSE. Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 099 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
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: Latest Annual Statement Comment: 12/31/1998 -
THE PROPERTY HAS BEEN CONSTRUCTED IN 1998 Partial Year Statement Comment:
09/30/1999 - NORMALZIED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 103 - 1:
LOAN 104 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
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 RENT
WAS 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:
LOAN 108 - 1: Partial Year Statement Comment: 10/31/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 109 - 1:
LOAN 110 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 111 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM. MOST CAPITAL
EXPENSES WERE FOR APPLIANCES, CARPETING, LAWN EQUIPMENT, HVAC AND TILE/VINYL.
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: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 117 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 118 - 1:
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<PAGE>
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: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 124 - 1:
LOAN 125 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 126 - 1:
LOAN 127 - 1: Latest Annual Statement Comment: 12/31/1998 -
PROPERTY TAXES AND INSURANCE NORMALIZED PER BORROWER.
LOAN 128 - 1:
LOAN 128 - 2:
LOAN 129 - 2:
LOAN 129 - 1:
LOAN 130 - 1:
LOAN 131 - 1:
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: Latest Annual Statement Comment: 07/31/1999 -
TAXES AND INSURANCE COMBINED ON THE ACTUAL FIGURES. Partial Year Statement
Comment: 09/30/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING
SYSTEM
LOAN 135 - 1:
LOAN 136 - 1:
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 borrowing enity has filed for Bankruptcy, not the Borrowing
enity. Monitoring to determine if Trust's interests are at risk. Latest
Annual Statement Comment: 08/30/1999 - NORMALIZED PROPERTY TAX AND INSURANCE PER
BORROWER.
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<PAGE>
LOAN 142 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
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:
LOAN 147 - 1:
LOAN 148 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 149 - 1:
LOAN 150 - 1:
LOAN 151 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAX, INSURANCE, AND RESERVES PER LOAN SERVICING SYSTEM.
LOAN 152 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 153 - 1: Partial Year Statement Comment: 10/31/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 154 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM. LOW DSCR DUE TO
LOW OCCUPANCY
LOAN 155 - 1: Partial Year Statement Comment: 08/31/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM.
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: 09/30/1999 -
NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM. BEGINNING DATE
FROM LOAN CLOSING.
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: 12/31/1998 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING INFO. BORROWER DID NOT
REPORT YTD PROPERTY TAXES. Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 162 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM. LOW DSCR DUE TO
LOW OCCUPANCY
LOAN 163 - 1:
LOAN 164 - 1:
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<PAGE>
LOAN 165 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
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: Latest Annual Statement Comment: 06/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM Partial Year
Statement Comment: 09/30/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER
SERVICING SYSTEM
LOAN 177 - 1:
LOAN 178 - 1: Partial Year Statement Comment: 06/10/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM. BORROWER DID
NOT REPORT ACTUAL TAX AND INSURANCE FIGURES.
LOAN 179 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM
LOAN 180 - 1: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAX, INSURANCE, AND CAPITAL EXPENSES PER LOAN SERVICING
SYSTEM.
LOAN 181 - 1:
LOAN 182 - 1: Latest Annual Statement Comment: 12/31/1998 -
PROPERTY TAXES AND INSURANCE NORMALIZED PER BORROWER.
LOAN 183 - 1:
LOAN 184 - 1: Latest Annual Statement Comment: 07/31/1999 -
Normalized property taxes and insurance per loan servicing system. Partial
Year Statement Comment: 09/30/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER
SERVICING SYSTEM
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: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 189 - 1: Latest Annual Statement Comment: 12/31/1997 -
HISTORICAL STATEMENT PRIOR TO ACQUISTION. Partial Year Statement Comment:
09/30/1999 - NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM. LOW DSCR DUE TO
EXCLUSION OF AN UNCLASSIFIED REVENUE OF $153,889.15
LOAN 190 - 1:
Page - 52
<PAGE>
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: Partial Year Statement Comment: 09/30/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
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
