Payment Date: 05/25/00
------------------------------------------------------------
BEAR STEARNS ASSET BACKED SECURITIES, INC.
, Series 1999-1
------------------------------------------------------------
<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 AF1 37,043,428.88 6.610000% 1,823,450.69 204,047.55 2,027,498.25 0.00 0.00
AF2 12,734,000.00 7.040000% 0.00 74,706.13 74,706.13 0.00 0.00
AF3 19,803,000.00 7.180000% 0.00 118,487.95 118,487.95 0.00 0.00
AF4 9,950,000.00 7.460000% 0.00 61,855.83 61,855.83 0.00 0.00
AF5 9,199,000.00 7.770000% 0.00 59,563.53 59,563.53 0.00 0.00
AF6 8,880,000.00 7.400000% 0.00 54,760.00 54,760.00 0.00 0.00
MF1 6,660,000.00 7.760000% 0.00 43,068.00 43,068.00 0.00 0.00
MF2 5,075,000.00 8.370000% 0.00 35,398.13 35,398.13 0.00 0.00
BF 4,757,000.00 8.500000% 0.00 33,695.42 33,695.42 0.00 0.00
AV1 111,372,321.74 6.510000% 2,963,533.73 604,194.85 3,567,728.57 0.00 0.00
MV1 12,011,000.00 6.800000% 0.00 68,062.33 68,062.33 0.00 0.00
MV2 7,722,000.00 7.450000% 0.00 47,940.75 47,940.75 0.00 0.00
BV 9,437,000.00 9.650000% 0.00 75,889.21 75,889.21 0.00 0.00
BFI 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00
BVI 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 254,643,750.62 - 4,786,984.42 1,481,669.67 6,268,654.10 - -
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior AF1 35,219,978.19 0.00
AF2 12,734,000.00 0.00
AF3 19,803,000.00 0.00
AF4 9,950,000.00 0.00
AF5 9,199,000.00 0.00
AF6 8,880,000.00 0.00
MF1 6,660,000.00 0.00
MF2 5,075,000.00 0.00
BF 4,757,000.00 0.00
AV1 108,408,788.01 0.00
MV1 12,011,000.00 0.00
MV2 7,722,000.00 0.00
BV 9,437,000.00 0.00
BFI 0.00 0.00
BVI 0.00 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 249,856,766.20 -
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 05/25/00
------------------------------------------------------------
BEAR STEARNS ASSET BACKED SECURITIES, INC.
, Series 1999-1
------------------------------------------------------------
<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 AF1 37,043,428.88 6.610000% 07383GAA4 36.611065 4.096847 707.143280
AF2 12,734,000.00 7.040000% 07383GAB2 0.000000 5.866667 1,000.000000
AF3 19,803,000.00 7.180000% 07383GAC0 0.000000 5.983333 1,000.000000
AF4 9,950,000.00 7.460000% 07383GAD8 0.000000 6.216667 1,000.000000
AF5 9,199,000.00 7.770000% 07383GAE6 0.000000 6.475000 1,000.000000
AF6 8,880,000.00 7.400000% 07383GAF3 0.000000 6.166667 1,000.000000
MF1 6,660,000.00 7.760000% 07383GAG1 0.000000 6.466667 1,000.000000
MF2 5,075,000.00 8.370000% 07383GAH9 0.000000 6.975000 1,000.000000
BF 4,757,000.00 8.500000% 07383GAJ5 0.000000 7.083333 1,000.000000
AV1 111,372,321.74 6.510000% 07383GAK2 20.808410 4.242345 761.190760
MV1 12,011,000.00 6.800000% 07383GAL0 0.000000 5.666667 1,000.000000
MV2 7,722,000.00 7.450000% 07383GAM8 0.000000 6.208333 1,000.000000
BV 9,437,000.00 9.650000% 07383GAN6 0.000000 8.041667 1,000.000000
BFI 0.00 0.000000% N/A 0.000000 0.000000 0.000000
BVI 0.00 0.000000% N/A 0.000000 0.000000 0.000000
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 254,643,750.62 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
------------------------------------------------------------
BEAR STEARNS ASSET BACKED SECURITIES, INC.
, Series 1999-1
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 114,350,056.56 141,599,350.34 255,949,406.90
Loan count 1428 1368 2796
Avg loan rate 9.648982% 9.907005% 9.79
Prepay amount 1,449,979.75 2,551,334.60 4,001,314.35
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 46,798.94 56,638.51 103,437.45
Sub servicer fees 0.00 0.00 0.00
Trustee fees 0.00 0.00 0.00
Agg advances N/A N/A N/A
Adv this period 174,431.28 263,413.92 437,845.20
--------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
--------------------------------------------------------------------------------
Total
-----
Realized losses 33.89 0.00 33.89
Cumulative losses 24,984.45 89,927.44 114,911.89
Coverage Amounts Total
---------------- -----
Bankruptcy 0.00 0.00 0.00
Fraud 2,537,297.76 3,431,801.88 5,969,099.64
Special Hazard 0.00 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 100.000000% 100.000000% 254,643,750.62
-----------------------------------------------------------------------------
Junior 0.000000% 0.000000% 0.00
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 280 23,317,895.76
60 to 89 days 89 8,062,682.25
90 or more 64 5,241,379.14
Foreclosure 132 10,581,073.68
Totals: 565 47,203,030.83
--------------------------------------------------------------------------------
<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
N/A # 0 N/A
N/A # 0 N/A
Totals: 0 N/A
Current Total Outstanding Balance: 759,825.29
Current Total Outstanding Number of Loans: 10
<PAGE>
--------------------------------------------------------------------------------
OTHER INFORMATION
--------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 6,268,654.10 6,268,654.10
Principal remittance amount 4,786,984.42 4,786,984.42
Interest remittance amount 1,481,669.67 1,481,669.67
