Payment Date: 04/25/00
------------------------------------------------------------
Countrywide Home Loans
Mortgage Pass-Through Certificates, Series 1999-8
------------------------------------------------------------
<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 19,842,200.00 6.000000% 0.00 99,211.00 99,211.00 0.00 0.00
A2 36,027,857.00 6.050000% 0.00 181,640.45 181,640.45 0.00 0.00
A3 117,895,750.00 6.500000% 0.00 638,601.98 638,601.98 0.00 0.00
A4 39,757,193.00 6.425000% 0.00 212,866.64 212,866.64 0.00 0.00
A5 39,757,193.00 2.075000% 0.00 68,746.81 68,746.81 0.00 0.00
A6 99,617,449.06 6.750000% 1,533,771.63 560,348.15 2,094,119.78 0.00 0.00
A7 70,121,790.76 6.750000% 1,374,805.29 394,435.07 1,769,240.36 0.00 0.00
A8 19,170,900.00 6.750000% 0.00 107,836.31 107,836.31 0.00 0.00
A9 24,734,980.71 7.250000% 207,680.71 149,440.51 357,121.22 0.00 0.00
A10 69,904,245.09 7.250000% 807,215.94 422,338.15 1,229,554.09 0.00 0.00
A11 9,747,814.48 0.000000% 75,177.53 0.00 75,177.53 0.00 0.00
A12 6,000,000.00 7.000000% 0.00 35,000.00 35,000.00 0.00 0.00
A13 6,750,000.00 7.000000% 0.00 39,375.00 39,375.00 0.00 0.00
A14 5,500,000.00 8.000000% 0.00 36,666.67 36,666.67 0.00 0.00
A15 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A16 5,045,677.72 6.750000% 0.00 0.00 0.00 0.00 0.00
A17 5,258,895.69 6.750000% 0.00 0.00 0.00 0.00 0.00
A18 1,472,490.80 6.750000% 0.00 0.00 0.00 0.00 0.00
A19 27,831,261.00 7.250000% 0.00 168,147.20 168,147.20 0.00 0.00
A20 70,018,196.00 6.750000% 0.00 393,852.35 393,852.35 0.00 0.00
PO 6,933,215.88 0.000000% 17,845.82 0.00 17,845.82 0.00 0.00
X 350,808,670.82 0.362737% 0.00 106,042.86 106,042.86 0.00 0.00
M 18,411,508.62 6.750000% 16,568.17 103,564.74 120,132.91 0.00 0.00
B1 6,252,935.25 6.750000% 5,626.90 35,172.76 40,799.66 0.00 0.00
B2 2,779,170.54 6.750000% 2,500.92 15,632.83 18,133.75 0.00 0.00
B3 2,084,278.68 6.750000% 1,875.60 11,724.07 13,599.67 0.00 0.00
B4 1,736,981.58 6.750000% 1,563.08 9,770.52 11,333.60 0.00 0.00
B5 1,736,941.54 6.750000% 1,563.04 9,770.30 11,333.34 0.00 0.00
Residual AR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 674,631,733.40 - 4,046,194.63 3,800,184.37 7,846,379.00 - -
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior A1 19,842,200.00 0.00
A2 36,027,857.00 0.00
A3 117,895,750.00 0.00
A4 39,757,193.00 0.00
A5 39,757,193.00 0.00
A6 98,083,677.43 0.00
A7 68,746,985.47 0.00
A8 19,170,900.00 0.00
A9 24,527,300.00 0.00
A10 69,097,029.15 0.00
A11 9,672,636.95 0.00
A12 6,000,000.00 0.00
A13 6,750,000.00 0.00
A14 5,500,000.00 0.00
A15 0.00 0.00
A16 5,074,059.66 0.00
A17 5,288,476.98 0.00
A18 1,480,773.56 0.00
A19 27,831,261.00 0.00
A20 70,018,196.00 0.00
PO 6,915,370.06 0.00
X 348,394,591.01 0.00
M 18,394,940.45 0.00
B1 6,247,308.35 0.00
B2 2,776,669.62 0.00
B3 2,082,403.08 0.00
B4 1,735,418.50 0.00
B5 1,735,378.50 0.00
Residual AR 0.00 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 670,651,784.76 -
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 04/25/00
------------------------------------------------------------
Countrywide Home Loans
Mortgage Pass-Through Certificates, Series 1999-8
------------------------------------------------------------
<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 19,842,200.00 6.000000% 12669BCZ3 0.000000 5.000000 1,000.000000
A2 36,027,857.00 6.050000% 12669BDA7 0.000000 5.041667 1,000.000000
A3 117,895,750.00 6.500000% 12669BDB5 0.000000 5.416667 1,000.000000
A4 39,757,193.00 6.425000% 12669BDC3 0.000000 5.354167 1,000.000000
A5 39,757,193.00 2.075000% 12669BDD1 0.000000 1.729167 1,000.000000
A6 99,617,449.06 6.750000% 12669BDE9 14.232690 5.199771 910.171091
A7 70,121,790.76 6.750000% 12669BDF6 17.756836 5.094481 887.928620
A8 19,170,900.00 6.750000% 12669BDG4 0.000000 5.625000 1,000.000000
A9 24,734,980.71 7.250000% 12669BDH2 8.141116 5.858091 961.473970
A10 69,904,245.09 7.250000% 12669BDJ8 11.070339 5.792040 947.612068
A11 9,747,814.48 0.000000% 12669BDK5 7.496465 0.000000 964.524638
A12 6,000,000.00 7.000000% 12669BDL3 0.000000 5.833333 1,000.000000
A13 6,750,000.00 7.000000% 12669BDM1 0.000000 5.833333 1,000.000000
A14 5,500,000.00 8.000000% 12669BDN9 0.000000 6.666667 1,000.000000
A15 0.00 6.750000% 12669BDP4 0.000000 0.000000 0.000000
A16 5,045,677.72 6.750000% 12669BDQ2 0.000000 0.000000 1,014.811932
A17 5,258,895.69 6.750000% 12669BDR0 0.000000 0.000000 1,057.695396
A18 1,472,490.80 6.750000% 12669BDS8 0.000000 0.000000 1,057.695400
A19 27,831,261.00 7.250000% 12669BDT6 0.000000 6.041667 1,000.000000
A20 70,018,196.00 6.750000% 12669BDU3 0.000000 5.625000 1,000.000000
PO 6,933,215.88 0.000000% 12669BDW9 2.518341 0.000000 975.873171
X 350,808,670.82 0.362737% 12669BDX7 0.000000 0.287458 944.417008
M 18,411,508.62 6.750000% 12669BDZ2 0.892932 5.581561 991.384464
B1 6,252,935.25 6.750000% 12669BEA6 0.892932 5.581560 991.384466
B2 2,779,170.54 6.750000% 12669BEB4 0.892931 5.581559 991.384469
B3 2,084,278.68 6.750000% 12669BEK4 0.892930 5.581562 991.384470
B4 1,736,981.58 6.750000% 12669BEL2 0.892933 5.581560 991.384462
B5 1,736,941.54 6.750000% 12669BEM0 0.892931 5.581561 991.384265
Residual AR 0.00 6.750000% 12669BDY5 0.000000 0.000000 0.000000
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 674,631,733.40 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
------------------------------------------------------------
Countrywide Home Loans
Mortgage Pass-Through Certificates, Series 1999-8
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 670,651,785.41 670,651,785.41
Loan count 2109 2109
Avg loan rate 7.148788% 7.15
Prepay amount 3,372,131.04 3,372,131.04
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 137,565.40 137,565.40
Sub servicer fees 11,544.60 11,544.60
Trustee fees 5,059.74 5,059.74
Agg advances N/A N/A
Adv this period 45,816.23 45,816.23
--------------------------------------------------------------------------------
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% 674,631,733.40
-----------------------------------------------------------------------------
Junior 0.000000% 0.000000% 0.00
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 23 5,100,652.46
60 to 89 days 1 273,864.70
90 or more 0 0.00
Foreclosure 5 1,084,173.65
Totals: 29 6,458,690.81
--------------------------------------------------------------------------------
<PAGE>
--------------------------------------------------------------------------------
REO INFORMATION
--------------------------------------------------------------------------------
REO Date Loan Number Ending Stated Balance Book Value
-------- ----------- --------------------- ----------
N/A # 0 N/A
Totals: 0 N/A
Current Total Outstanding Balance: 120,832.01
Current Total Outstanding Number of Loans: 1
<PAGE>
--------------------------------------------------------------------------------
OTHER INFORMATION
--------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 7,846,379.00 7,846,379.00
Principal remittance amount 4,046,194.63 4,046,194.63
Interest remittance amount 3,800,184.37 3,800,184.37
