Payment Date: 05/25/00
------------------------------------------------------------
Independent National Mortgage Corporation
Mortgage Pass-Through Certificates, Series 1999-E
Residential Asset Securitization Trust 1999-A5
------------------------------------------------------------
<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 93,862,331.63 6.500000% 1,854,230.98 508,420.96 2,362,651.95 0.00 0.00
A2 10,429,148.05 6.650000% 206,025.67 57,794.86 263,820.53 0.00 0.00
A3 10,429,148.05 2.350000% 0.00 20,423.75 20,423.75 0.00 0.00
A4 15,009,133.00 6.750000% 0.00 84,426.37 84,426.37 0.00 0.00
A5 2,500,000.00 6.750000% 0.00 14,062.50 14,062.50 0.00 0.00
PO 76,003.64 0.000000% 71.59 0.00 71.59 0.00 0.00
X 127,832,687.15 0.343954% 0.00 36,640.49 36,640.49 0.00 0.00
Residual AR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 4,756,783.60 6.750000% 3,611.13 26,756.91 30,368.04 0.00 0.00
B2 2,601,366.06 6.750000% 1,974.84 14,632.68 16,607.52 0.00 0.00
B3 1,337,845.57 6.750000% 1,015.63 7,525.38 8,541.01 0.00 0.00
B4 891,897.05 6.750000% 677.09 5,016.92 5,694.01 0.00 0.00
B5 445,948.52 6.750000% 338.54 2,508.46 2,847.00 0.00 0.00
B6 743,247.86 6.750000% 564.24 4,180.77 4,745.01 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 132,653,705.00 - 2,068,509.71 782,390.06 2,850,899.77 - -
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior A1 92,008,100.65 0.00
A2 10,223,122.39 0.00
A3 10,223,122.39 0.00
A4 15,009,133.00 0.00
A5 2,500,000.00 0.00
PO 75,932.05 0.00
X 125,768,876.93 0.00
Residual AR 0.00 0.00
--------------------------------------------------------------------------------
Subordinate B1 4,753,172.47 0.00
B2 2,599,391.23 0.00
B3 1,336,829.94 0.00
B4 891,219.96 0.00
B5 445,609.98 0.00
B6 742,683.62 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 130,585,195.29 -
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 05/25/00
------------------------------------------------------------
Independent National Mortgage Corporation
Mortgage Pass-Through Certificates, Series 1999-E
Residential Asset Securitization Trust 1999-A5
------------------------------------------------------------
<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 93,862,331.63 6.500000% 12669BBY7 16.939592 4.644752 840.553131
A2 10,429,148.05 6.650000% 12669BBZ4 16.939592 4.751939 840.553131
A3 10,429,148.05 2.350000% 12669BCA8 0.000000 1.679257 840.553131
A4 15,009,133.00 6.750000% 12669BCB6 0.000000 5.625000 1,000.000000
A5 2,500,000.00 6.750000% 12669BCC4 0.000000 5.625000 1,000.000000
PO 76,003.64 0.000000% 12669BCD2 0.932986 0.000000 989.626361
X 127,832,687.15 0.343954% 12669BCE0 0.000000 0.252305 866.040288
Residual AR 0.00 6.750000% 12669BCF7 0.000000 0.029256 0.000000
------------------------------------------------------------------------------------------------------------------------
Subordinate B1 4,756,783.60 6.750000% 12669BCG5 0.751862 5.570964 989.641820
B2 2,601,366.06 6.750000% 12669BCH3 0.751862 5.570964 989.641820
B3 1,337,845.57 6.750000% 12669BCJ9 0.751862 5.570964 989.641820
B4 891,897.05 6.750000% 12669BCK6 0.751862 5.570964 989.641820
B5 445,948.52 6.750000% 12669BCL4 0.751862 5.570964 989.641820
B6 743,247.86 6.750000% 12669BCM2 0.751862 5.570958 989.640729
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 132,653,705.00 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
------------------------------------------------------------
Independent National Mortgage Corporation
Mortgage Pass-Through Certificates, Series 1999-E
Residential Asset Securitization Trust 1999-A5
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 130,585,196.13 130,585,196.13
Loan count 443 443
Avg loan rate 7.871815% 7.87
Prepay amount 1,967,793.99 1,967,793.99
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 1,457.00 1,457.00
Sub servicer fees 82,381.06 82,381.06
Trustee fees 994.90 994.90
Agg advances N/A N/A
Adv this period 0.00 0.00
--------------------------------------------------------------------------------
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 3,001,827.00 3,001,827.00
Special Hazard 1,987,200.04 1,987,200.04
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 91.881439% 100.000000% 121,876,616.32
-----------------------------------------------------------------------------
Junior 8.118561% 0.000000% 10,768,907.20
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 2 455,233.20
60 to 89 days 4 1,255,788.18
90 or more 4 1,026,193.50
Foreclosure 0 0.00
Totals: 10 2,737,214.88
--------------------------------------------------------------------------------
<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 2,850,899.77 2,850,899.77
Principal remittance amount 2,068,509.71 2,068,509.71
Interest remittance amount 782,390.06 782,390.06
