Payment Date: 05/25/00
------------------------------------------------------------
Independent National Mortgage Corporation
Mortgage Pass-Through Certificates, Series 1999-H
Residential Asset Securitization Trust 1999-A8
------------------------------------------------------------
<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 CB1 101,630,354.89 8.000000% 1,111,933.86 677,535.70 1,789,469.56 0.00 0.00
NB1 74,171,842.66 7.875000% 2,862,254.26 486,752.72 3,349,006.98 0.00 0.00
NB2 74,171,842.66 0.125000% 0.00 7,726.23 7,726.23 0.00 0.00
PO 904,832.79 0.000000% 746.77 0.00 746.77 0.00 0.00
X 0.00 0.000000% 0.00 98,903.42 98,903.42 0.00 0.00
Residual AR 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 6,004,222.65 8.000000% 3,458.51 40,028.15 43,486.66 0.00 0.00
B2 3,702,653.83 8.000000% 2,132.78 24,684.36 26,817.13 0.00 0.00
B3 2,000,410.34 8.000000% 1,152.26 13,336.07 14,488.33 0.00 0.00
B4 1,400,087.79 8.000000% 806.47 9,333.92 10,140.39 0.00 0.00
B5 600,322.54 8.000000% 345.79 4,002.15 4,347.94 0.00 0.00
B6 1,302,742.52 8.000000% 750.40 8,684.95 9,435.35 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 191,717,470.00 - 3,983,581.09 1,370,987.67 5,354,568.76 - -
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior CB1 100,518,421.03 0.00
NB1 71,309,588.40 0.00
NB2 71,309,588.40 0.00
PO 904,086.02 0.00
X 0.00 0.00
Residual AR 0.00 0.00
--------------------------------------------------------------------------------
Subordinate B1 6,000,764.14 0.00
B2 3,700,521.05 0.00
B3 1,999,258.07 0.00
B4 1,399,281.32 0.00
B5 599,976.75 0.00
B6 1,301,992.12 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 187,733,888.91 -
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 05/25/00
------------------------------------------------------------
Independent National Mortgage Corporation
Mortgage Pass-Through Certificates, Series 1999-H
Residential Asset Securitization Trust 1999-A8
------------------------------------------------------------
<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 CB1 101,630,354.89 8.000000% 12669BLC4 10.493271 6.393875 948.587935
NB1 74,171,842.66 7.875000% 12669BLD2 36.355536 6.182594 905.754033
NB2 74,171,842.66 0.125000% 12669BLE0 0.000000 0.098136 905.754033
PO 904,832.79 0.000000% 12669BLH3 0.793126 0.000000 960.210861
X 0.00 0.000000% 12669BLG5 0.000000 0.000000 0.000000
Residual AR 0.00 8.000000% 12669BLJ9 0.000000 0.000000 0.000000
------------------------------------------------------------------------------------------------------------------------
Subordinate B1 6,004,222.65 8.000000% 12669BLK6 0.574408 6.648090 996.639120
B2 3,702,653.83 8.000000% 12669BLL4 0.574408 6.648090 996.639120
B3 2,000,410.34 8.000000% 12669BLM2 0.574408 6.648090 996.639120
B4 1,400,087.79 8.000000% 12669BLN0 0.574408 6.648090 996.639120
B5 600,322.54 8.000000% 12669BLP5 0.574408 6.648090 996.639120
B6 1,302,742.52 8.000000% 12669BLQ3 0.574408 6.648090 996.639120
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 191,717,470.00 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
------------------------------------------------------------
Independent National Mortgage Corporation
Mortgage Pass-Through Certificates, Series 1999-H
Residential Asset Securitization Trust 1999-A8
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 109,489,121.16 78,244,767.75 187,733,888.91
Loan count 950 226 1176
Avg loan rate 9.016066% 8.995204% 9.01
Prepay amount 1,051,999.63 2,821,021.53 3,873,021.16
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 7,428.72 0.00 7,428.72
Sub servicer fees 27,683.24 18,958.35 46,641.59
Trustee fees 829.55 608.33 1,437.88
Agg advances N/A N/A N/A
Adv this period 40,445.05 44,819.60 85,264.65
--------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
--------------------------------------------------------------------------------
Total
-----
Realized losses 0.00 0.00 0.00
Cumulative losses 0.00 0.00 0.00
Coverage Amounts Total
---------------- -----
Bankruptcy 0.00 0.00 0.00
Fraud 2,006,899.00 2,006,899.00 4,013,798.00
Special Hazard 2,988,020.92 2,988,020.92 5,976,041.84
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 92.174698% 100.000000% 176,707,030.33
-----------------------------------------------------------------------------
Junior 7.825302% 0.000000% 15,001,793.47
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 37 6,961,154.56
60 to 89 days 8 1,166,660.99
90 or more 10 1,950,289.25
Foreclosure 0 0.00
Totals: 55 10,078,104.80
--------------------------------------------------------------------------------
<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 5,354,568.76 5,354,568.76
Principal remittance amount 3,983,581.09 3,983,581.09
Interest remittance amount 1,370,987.67 1,370,987.67
