Payment Date: 05/25/00
------------------------------------------------------------
Countrywide Home Loans
Mortgage Pass-Through Certificates, Series 1999-11
------------------------------------------------------------
<TABLE>
<CAPTION>
Class Information Current Payment Information
----------------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru Principal Interest Total Principal Interest
Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Senior A1 57,393,896.03 7.250000% 666,393.61 346,754.79 1,013,148.39 0.00 0.00
A2 24,400,000.00 7.250000% 0.00 147,416.67 147,416.67 0.00 0.00
A3 102,848,384.43 7.250000% 975,210.15 621,375.66 1,596,585.81 0.00 0.00
A4 16,850,000.00 7.250000% 0.00 101,802.08 101,802.08 0.00 0.00
A5 14,331,684.00 7.250000% 0.00 86,587.26 86,587.26 0.00 0.00
A6 2,000,000.00 7.250000% 0.00 12,083.33 12,083.33 0.00 0.00
A7 547,628.00 0.000000% 0.00 0.00 0.00 0.00 0.00
A8 12,881,186.00 7.500000% 0.00 80,507.41 80,507.41 0.00 0.00
A9 1,000,000.00 8.000000% 0.00 6,666.67 6,666.67 0.00 0.00
A10 1,000,000.00 7.500000% 0.00 6,250.00 6,250.00 0.00 0.00
A11 1,000,000.00 8.000000% 0.00 6,666.67 6,666.67 0.00 0.00
A12 8,661,601.49 7.000000% 99,835.24 50,526.01 150,361.25 0.00 0.00
A13 9,223,786.00 7.000000% 0.00 53,805.42 53,805.42 0.00 0.00
A14 17,114,612.51 7.000000% 0.00 0.00 0.00 0.00 0.00
A15 1,206,896.55 7.250000% 0.00 7,291.67 7,291.67 0.00 0.00
A16 34,961,256.00 7.250000% 0.00 211,224.26 211,224.26 0.00 0.00
A17 5,185,614.24 7.250000% 42,248.39 31,329.75 73,578.14 0.00 0.00
PO 5,708,281.06 0.000000% 6,286.33 0.00 6,286.33 0.00 0.00
X 224,488,086.54 0.576465% 0.00 107,841.22 107,841.22 0.00 0.00
M 9,217,200.38 7.250000% 7,119.69 55,687.25 62,806.94 0.00 0.00
B1 3,825,983.30 7.250000% 2,955.32 23,115.32 26,070.64 0.00 0.00
B2 1,739,137.59 7.250000% 1,343.37 10,507.29 11,850.66 0.00 0.00
B3 1,739,038.10 7.250000% 1,343.29 10,506.69 11,849.98 0.00 0.00
B4 695,714.73 7.250000% 537.39 4,203.28 4,740.67 0.00 0.00
B5 1,043,482.68 7.250000% 806.02 6,304.37 7,110.40 0.00 0.00
Residual AR 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 333,368,486.53 - 1,804,078.81 1,988,453.05 3,792,531.86 - -
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior A1 56,727,502.42 0.00
A2 24,400,000.00 0.00
A3 101,873,174.28 0.00
A4 16,850,000.00 0.00
A5 14,331,684.00 0.00
A6 2,000,000.00 0.00
A7 547,628.00 0.00
A8 12,881,186.00 0.00
A9 1,000,000.00 0.00
A10 1,000,000.00 0.00
A11 1,000,000.00 0.00
A12 8,561,766.25 0.00
A13 9,223,786.00 0.00
A14 17,214,447.75 0.00
A15 1,206,896.55 0.00
A16 34,961,256.00 0.00
A17 5,143,365.85 0.00
PO 5,701,994.73 0.00
X 222,899,395.46 0.00
M 9,210,080.69 0.00
B1 3,823,027.98 0.00
B2 1,737,794.21 0.00
B3 1,737,694.80 0.00
B4 695,177.33 0.00
B5 1,042,676.66 0.00
Residual AR 0.00 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 331,664,242.96 -
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 05/25/00
------------------------------------------------------------
Countrywide Home Loans
Mortgage Pass-Through Certificates, Series 1999-11
------------------------------------------------------------
<TABLE>
<CAPTION>
Class Information Current Payment Information
Factors per $1,000
------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru CUSIP Principal Interest Ending Cert./
Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal.
------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------------
Senior A1 57,393,896.03 7.250000% 12669BKA9 10.453233 5.439291 889.843175
A2 24,400,000.00 7.250000% 12669BKB7 0.000000 6.041667 1,000.000000
A3 102,848,384.43 7.250000% 12669BKC5 8.695588 5.540577 908.365352
A4 16,850,000.00 7.250000% 12669BKD3 0.000000 6.041667 1,000.000000
A5 14,331,684.00 7.250000% 12669BKE1 0.000000 6.041667 1,000.000000
A6 2,000,000.00 7.250000% 12669BKF8 0.000000 6.041667 1,000.000000
A7 547,628.00 0.000000% 12669BKG6 0.000000 0.000000 1,000.000000
A8 12,881,186.00 7.500000% 12669BKH4 0.000000 6.250000 1,000.000000
A9 1,000,000.00 8.000000% 12669BKJ0 0.000000 6.666667 1,000.000000
A10 1,000,000.00 7.500000% 12669BKK7 0.000000 6.250000 1,000.000000
A11 1,000,000.00 8.000000% 12669BKL5 0.000000 6.666667 1,000.000000
A12 8,661,601.49 7.000000% 12669BKM3 10.683938 5.407076 916.243438
A13 9,223,786.00 7.000000% 12669BKN1 0.000000 5.833333 1,000.000000
A14 17,114,612.51 7.000000% 12669BKP6 0.000000 0.000000 1,047.630642
A15 1,206,896.55 7.250000% 12669BKQ4 0.000000 6.041667 1,000.000001
A16 34,961,256.00 7.250000% 12669BKR2 0.000000 6.041667 1,000.000000
A17 5,185,614.24 7.250000% 12669BLB6 7.559769 5.606029 920.334684
PO 5,708,281.06 0.000000% 12669BKS0 1.084322 0.000000 983.531390
X 224,488,086.54 0.576465% 12669BKT8 0.000000 0.450869 931.911866
M 9,217,200.38 7.250000% 12669BKV3 0.768475 6.010691 994.104579
B1 3,825,983.30 7.250000% 12669BKW1 0.768475 6.010691 994.104579
B2 1,739,137.59 7.250000% 12669BKX9 0.768475 6.010691 994.104579
B3 1,739,038.10 7.250000% 12669BKY7 0.768475 6.010691 994.104579
B4 695,714.73 7.250000% 12669BKZ4 0.768475 6.010691 994.104579
B5 1,043,482.68 7.250000% 12669BLA4 0.768475 6.010692 994.104723
Residual AR 0.00 7.250000% 12669BKU5 0.000000 0.000000 0.000000
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 333,368,486.53 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
------------------------------------------------------------
Countrywide Home Loans
Mortgage Pass-Through Certificates, Series 1999-11
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 331,664,242.99 331,664,242.99
Loan count 1266 1266
Avg loan rate 7.801493% 7.80
Prepay amount 1,445,729.38 1,445,729.38
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 67,292.53 67,292.53
Sub servicer fees 7,902.81 7,902.81
Trustee fees 2,500.26 2,500.26
Agg advances N/A N/A
Adv this period 56,765.52 56,765.52
--------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
--------------------------------------------------------------------------------
Total
-----
Realized losses 0.00 0.00
Cumulative losses 0.00 0.00
Coverage Amounts Total
---------------- -----
Bankruptcy 0.00 0.00
Fraud 0.00 0.00
Special Hazard 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 100.000000% 100.000000% 333,368,486.53
-----------------------------------------------------------------------------
Junior 0.000000% 0.000000% 0.00
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 19 4,165,595.56
60 to 89 days 1 138,188.46
90 or more 4 1,316,166.98
Foreclosure 4 763,072.89
Totals: 28 6,383,023.89
--------------------------------------------------------------------------------
<PAGE>
--------------------------------------------------------------------------------
REO INFORMATION
--------------------------------------------------------------------------------
REO Date Loan Number Ending Stated Balance Book Value
-------- ----------- --------------------- ----------
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
Totals: 0 N/A
Current Total Outstanding Balance: 0.00
Current Total Outstanding Number of Loans: 0
<PAGE>
--------------------------------------------------------------------------------
OTHER INFORMATION
--------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 3,792,531.86 3,792,531.86
Principal remittance amount 1,804,078.81 1,804,078.81
Interest remittance amount 1,988,453.05 1,988,453.05
