SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (date of earliest event reported): January 19, 2000
Credit Suisse First Boston Mortgage Securities Corp Mortgage-Backed Pass-Through
Certificates, Series 1999-WM2
(Exact name of registrant as specified in its charter)
United States 333-53115 13-3320910
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
11 Madison Avenue, 5th Floor
New York, New York 10010
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (212) 325-2000
Item 5. Other Events
On January 19, 2000 a scheduled distribution was made from the Trust
to holders of the Certificates. The Trustee has caused to be filed with
the Commission, the Monthly Report dated January 19, 2000
The Monthly Report is filed pursuant to and in accordance with
(1) numerous no-action letters (2) current Commission policy
in the area.
A. Monthly Report Information
See Exhibit No.1
B. Have and deficiencies occurred? NO.
Date:
Amount:
C. Item 1: Legal Proceedings: NONE
D. Item 2: Changes in Securities: NONE
E. Item 4: Submission of Matters to a Vote of
Certificateholders: NONE
F. Item 5: Other Information - Form 10-Q, PartII - Items 1,2,4,5
if applicable: NOT APPLICABLE
Item 7. Monthly Statements and Exhibits
Exhibit No.
1.) Monthly Distribution RepJanuary 19, 2000
Washington Mutual Bank, FA Mortgage-Backed Pass-Through Certificates
STATEMENT TO CERTIFICATEHOLDERS
Distribution Date: January 19, 2000
DISTRIBUTION SUMMARY
Beginning Current Per Accrued
Original Current PrincipPrincipal Pass-ThrougInterest
Class Face Value Amount Distribution Rate Distributed
1-A 232466000.00 232466000.00 2276709.83 6.25000% 1210267.02
1-A-P 402680.57 402680.57 1698.56NA 0.00
2-A 157923000.00 157923000.00 1721081.75 7.00000% 920379.47
2-A-P 659691.13 659691.13 18623.63NA 0.00
1-M-1 4562000.00 4562000.00 16892.25 6.25000% 23750.74
1-M-2 840000.00 840000.00 3110.37 6.25000% 4373.22
2-M-1 3106000.00 3106000.00 11823.81 7.00000% 18101.85
2-M-2 572000.00 572000.00 2177.47 7.00000% 3333.63
M-3 1009000.00 1009000.00 3778.64 6.55388% 5507.27
B-1 807000.00 807000.00 3022.16 6.55388% 4404.72
B-2 605000.00 605000.00 2265.68 6.55388% 3302.18
B-3 606545.51 606545.51 2271.47 6.55388% 3310.62
R-1 100.00 100.00 100.00 7.00000% 0.55
R-2 100.00 100.00 100.00 7.00000% 0.58
TOTAL: 403559117.21 403559117.21 4063655.62 0.00000% 2196731.85
(1) Interest Distribution includes Reimbursement of Realized Losses,
and is net of allocated PPIS
Certificate Ending
Realized LossInterest Current Principal
Principal Shortfall Amount
Class
1-A 0.00 493.40 230189290.17
1-A-P 0.00 0.00 400982.01
2-A 0.00 838.03 156201918.25
2-A-P 0.00 0.00 641067.50
1-M-1 0.00 9.68 4545107.75
1-M-2 0.00 1.78 836889.63
2-M-1 0.00 16.48 3094176.19
2-M-2 0.00 3.04 569822.53
M-3 0.00 3.45 1005221.36
B-1 0.00 2.76 803977.84
B-2 0.00 2.07 602734.32
B-3 0.00 2.07 604274.04
R-1 0.00 0.00 0.00
R-2 0.00 0.00 0.00
TOTAL: 0.00 1372.76 399495461.59
AMOUNTS PER $1,000 UNIT
Beginning Ending
Current PrincipPrincipal Interest Current Principal
Class Cusip Amount Distribution DistributioAmount
1-A 22540APN2 1000.00000000 9.79373255 5.20621089990.20626745
1-A-P 22540APP7 1000.00000000 4.21813250 0.00000000995.78186750
2-A 22540APS1 1000.00000000 10.89823363 5.82802676989.10176637
2-A-P 22540APT9 1000.00000000 28.23083281 0.00000000971.76916719
1-M-1 22540APQ5 1000.00000000 3.70281675 5.20621219996.29718325
1-M-2 22540APR3 1000.00000000 3.70282143 5.20621429996.29717857
2-M-1 22540APU6 1000.00000000 3.80676433 5.82802640996.19323567
2-M-2 22540APV4 1000.00000000 3.80676573 5.82802448996.19323427
M-3 22540APY8 1000.00000000 3.74493558 5.45814668996.25506442
B-1 N/A 1000.00000000 3.74493185 5.45814126996.25506815
B-2 N/A 1000.00000000 3.74492562 5.45814876996.25507438
B-3 N/A 1000.00000000 3.74492921 5.45815598996.25507079
R-1 22540APW2 1000.000000001000.00000000 5.50000000 0.00000000
R-2 22540APX0 1000.000000001000.00000000 5.80000000 0.00000000
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned
thereunto duly authorized.
WASHINGTON MUTUAL BANK, FA
MORTGAGE-BACKED PASS-THROUGH CERTIFICATES
SERIES 1999-WM2
By: /s/ Barbara Grosse
Name: Barbara Grosse
Title: Vice President
Bank One, NA
