Payment Date: 05/25/00
------------------------------------------------------------
Countrywide Home Loans
Mortgage Pass-Through Certificates, Series 1999-12
------------------------------------------------------------
<TABLE>
<CAPTION>
Class Information Current Payment Information
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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 114,531,718.08 7.500000% 1,482,771.29 715,823.24 2,198,594.53 0.00 0.00
A2 10,000,000.00 7.750000% 0.00 64,583.33 64,583.33 0.00 0.00
A3 10,000,000.00 7.250000% 0.00 60,416.67 60,416.67 0.00 0.00
A4 39,000,000.00 7.500000% 0.00 243,750.00 243,750.00 0.00 0.00
A5 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A6 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A7 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A8 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A9 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A10 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A11 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A12 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A13 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A14 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A15 5,000,000.00 7.500000% 0.00 31,250.00 31,250.00 0.00 0.00
A16 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A17 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A18 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A19 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A20 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A21 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A22 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A23 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A24 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A25 500,000.00 7.500000% 0.00 3,125.00 3,125.00 0.00 0.00
A26 400,000.00 7.500000% 0.00 2,500.00 2,500.00 0.00 0.00
A27 400,000.00 7.500000% 0.00 2,500.00 2,500.00 0.00 0.00
A28 400,000.00 7.500000% 0.00 2,500.00 2,500.00 0.00 0.00
A29 400,000.00 7.500000% 0.00 2,500.00 2,500.00 0.00 0.00
A30 400,000.00 7.500000% 0.00 2,500.00 2,500.00 0.00 0.00
A31 400,000.00 7.500000% 0.00 2,500.00 2,500.00 0.00 0.00
A32 400,000.00 7.500000% 0.00 2,500.00 2,500.00 0.00 0.00
A33 400,000.00 7.500000% 0.00 2,500.00 2,500.00 0.00 0.00
A34 400,000.00 7.500000% 0.00 2,500.00 2,500.00 0.00 0.00
A35 400,000.00 7.500000% 0.00 2,500.00 2,500.00 0.00 0.00
A36 312,000.00 0.000000% 0.00 0.00 0.00 0.00 0.00
A37 23,387,360.25 7.500000% 16,959.02 146,171.00 163,130.02 0.00 0.00
PO 3,336,299.73 0.000000% 3,346.46 0.00 3,346.46 0.00 0.00
X 159,047,040.16 0.550494% 0.00 72,962.10 72,962.10 0.00 0.00
M 6,080,287.80 7.500000% 4,409.03 38,001.80 42,410.82 0.00 0.00
B1 2,729,924.99 7.500000% 1,979.56 17,062.03 19,041.59 0.00 0.00
B2 1,240,874.63 7.500000% 899.80 7,755.47 8,655.27 0.00 0.00
B3 1,116,787.27 7.500000% 809.82 6,979.92 7,789.74 0.00 0.00
B4 496,350.45 7.500000% 359.92 3,102.19 3,462.11 0.00 0.00
B5 744,591.74 7.500000% 539.93 4,653.70 5,193.63 0.00 0.00
Residual AR 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 231,976,194.95 - 1,512,074.84 1,500,011.44 3,012,086.28 - -
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior A1 113,048,946.79 0.00
A2 10,000,000.00 0.00
A3 10,000,000.00 0.00
A4 39,000,000.00 0.00
A5 500,000.00 0.00
A6 500,000.00 0.00
A7 500,000.00 0.00
A8 500,000.00 0.00
A9 500,000.00 0.00
A10 500,000.00 0.00
A11 500,000.00 0.00
A12 500,000.00 0.00
A13 500,000.00 0.00
A14 500,000.00 0.00
A15 5,000,000.00 0.00
A16 500,000.00 0.00
A17 500,000.00 0.00
A18 500,000.00 0.00
A19 500,000.00 0.00
A20 500,000.00 0.00
A21 500,000.00 0.00
A22 500,000.00 0.00
A23 500,000.00 0.00
A24 500,000.00 0.00
A25 500,000.00 0.00
A26 400,000.00 0.00
A27 400,000.00 0.00
A28 400,000.00 0.00
A29 400,000.00 0.00
A30 400,000.00 0.00
A31 400,000.00 0.00
A32 400,000.00 0.00
A33 400,000.00 0.00
A34 400,000.00 0.00
A35 400,000.00 0.00
A36 312,000.00 0.00
A37 23,370,401.23 0.00
PO 3,332,953.27 0.00
X 157,603,962.46 0.00
M 6,075,878.78 0.00
B1 2,727,945.43 0.00
B2 1,239,974.83 0.00
B3 1,115,977.45 0.00
B4 495,990.53 0.00
B5 744,051.81 0.00
Residual AR 0.00 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 230,464,120.12 -
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 05/25/00
------------------------------------------------------------
Countrywide Home Loans
Mortgage Pass-Through Certificates, Series 1999-12
------------------------------------------------------------
<TABLE>
<CAPTION>
Class Information Current Payment Information
Factors per $1,000
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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 114,531,718.08 7.500000% 12669BHC9 11.256157 5.434027 858.188100
A2 10,000,000.00 7.750000% 12669BHD7 0.000000 6.458333 1,000.000000
A3 10,000,000.00 7.250000% 12669BHE5 0.000000 6.041667 1,000.000000
A4 39,000,000.00 7.500000% 12669BHF2 0.000000 6.250000 1,000.000000
A5 500,000.00 7.500000% 12669BHG0 0.000000 6.250000 1,000.000000
A6 500,000.00 7.500000% 12669BHH8 0.000000 6.250000 1,000.000000
A7 500,000.00 7.500000% 12669BHJ4 0.000000 6.250000 1,000.000000
A8 500,000.00 7.500000% 12669BHK1 0.000000 6.250000 1,000.000000
A9 500,000.00 7.500000% 12669BHL9 0.000000 6.250000 1,000.000000
A10 500,000.00 7.500000% 12669BHM7 0.000000 6.250000 1,000.000000
A11 500,000.00 7.500000% 12669BHN5 0.000000 6.250000 1,000.000000
A12 500,000.00 7.500000% 12669BHP0 0.000000 6.250000 1,000.000000
A13 500,000.00 7.500000% 12669BHQ8 0.000000 6.250000 1,000.000000
A14 500,000.00 7.500000% 12669BHR6 0.000000 6.250000 1,000.000000
A15 5,000,000.00 7.500000% 12669BHS4 0.000000 6.250000 1,000.000000
A16 500,000.00 7.500000% 12669BHT2 0.000000 6.250000 1,000.000000
A17 500,000.00 7.500000% 12669BHU9 0.000000 6.250000 1,000.000000
A18 500,000.00 7.500000% 12669BHV7 0.000000 6.250000 1,000.000000
A19 500,000.00 7.500000% 12669BHW5 0.000000 6.250000 1,000.000000
A20 500,000.00 7.500000% 12669BHX3 0.000000 6.250000 1,000.000000
A21 500,000.00 7.500000% 12669BHY1 0.000000 6.250000 1,000.000000
A22 500,000.00 7.500000% 12669BHZ8 0.000000 6.250000 1,000.000000
A23 500,000.00 7.500000% 12669BJA1 0.000000 6.250000 1,000.000000
A24 500,000.00 7.500000% 12669BJB9 0.000000 6.250000 1,000.000000
A25 500,000.00 7.500000% 12669BJC7 0.000000 6.250000 1,000.000000
A26 400,000.00 7.500000% 12669BJD5 0.000000 6.250000 1,000.000000
A27 400,000.00 7.500000% 12669BJE3 0.000000 6.250000 1,000.000000
A28 400,000.00 7.500000% 12669BJF0 0.000000 6.250000 1,000.000000
A29 400,000.00 7.500000% 12669BJG8 0.000000 6.250000 1,000.000000
A30 400,000.00 7.500000% 12669BJH6 0.000000 6.250000 1,000.000000
A31 400,000.00 7.500000% 12669BJJ2 0.000000 6.250000 1,000.000000
A32 400,000.00 7.500000% 12669BJK9 0.000000 6.250000 1,000.000000
A33 400,000.00 7.500000% 12669BJL7 0.000000 6.250000 1,000.000000
A34 400,000.00 7.500000% 12669BJM5 0.000000 6.250000 1,000.000000
A35 400,000.00 7.500000% 12669BJZ6 0.000000 6.250000 1,000.000000
A36 312,000.00 0.000000% 12669BJN3 0.000000 0.000000 1,000.000000
A37 23,387,360.25 7.500000% 12669BJP8 0.721661 6.220043 994.485159
PO 3,336,299.73 0.000000% 12669BJQ6 0.996031 0.000000 992.011163
X 159,047,040.16 0.550494% 12669BJR4 0.000000 0.415296 897.072973
M 6,080,287.80 7.500000% 12669BJT0 0.721659 6.220043 994.485174
B1 2,729,924.99 7.500000% 12669BJU7 0.721659 6.220043 994.485174
B2 1,240,874.63 7.500000% 12669BJV5 0.721659 6.220043 994.485174
B3 1,116,787.27 7.500000% 12669BJW3 0.721659 6.220043 994.485174
B4 496,350.45 7.500000% 12669BJX1 0.721659 6.220043 994.485174
B5 744,591.74 7.500000% 12669BJY9 0.721659 6.220043 994.485174
Residual AR 0.00 7.500000% 12669BJS2 0.000000 0.000000 0.000000
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Totals - - 231,976,194.95 - - - - -
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</TABLE>
<PAGE>
------------------------------------------------------------
Countrywide Home Loans
Mortgage Pass-Through Certificates, Series 1999-12
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 230,464,120.34 230,464,120.34
Loan count 683 683
Avg loan rate 8.043519% 8.04
Prepay amount 1,343,329.40 1,343,329.40
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 47,461.24 47,461.24
Sub servicer fees 2,891.21 2,891.21
Trustee fees 1,739.82 1,739.82
Agg advances N/A N/A
Adv this period 17,467.28 17,467.28
--------------------------------------------------------------------------------
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% 231,976,194.95
-----------------------------------------------------------------------------
Junior 0.000000% 0.000000% 0.00
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 7 1,913,546.39
60 to 89 days 1 333,609.88
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 8 2,247,156.27
--------------------------------------------------------------------------------
<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 3,012,086.28 3,012,086.28
Principal remittance amount 1,512,074.84 1,512,074.84
Interest remittance amount 1,500,011.44 1,500,011.44
