<TABLE>
<CAPTION>
Amortizing Residential Collateral Mortgage Trust
Mortgage Pass-Through Certificates
Record Date: 9/30/00
Distribution Date: 10/25/00
ARC Series: 2000-1
Contact: Customer Service - CTSLink
Wells Fargo Bank Minnesota, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
Telephone: (301) 815-6600
Fax: (301) 846-8152
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest Principal
Class CUSIP Description Rate Balance Distribution Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 863572K85 SEN 6.94188% 786,996,236.25 4,552,694.53 22,054,575.16
A-2 863572K93 SEN 8.05000% 248,790,464.25 1,668,969.36 3,336,480.33
M-1 863572L27 MEZ 7.10188% 40,604,000.00 240,303.95 0.00
M-2 863572L35 MEZ 7.60188% 40,604,000.00 257,222.28 0.00
B 863572L43 SUB 8.87188% 13,534,000.00 99,601.49 0.00
X SAC00BC1X SEN 0.00000% 0.00 0.00 0.00
P SAC00BC1P SEN 0.00000% 0.00 312,114.05 0.00
OC SAC00BCOC SEN 0.00000% 2,571,236.54 0.00 0.00
R-III SAC00B1R3 SEN 0.00000% 0.00 0.00 0.00
R-II SAC00B1R2 SEN 0.00000% 0.00 0.00 0.00
R-I SAC00B1R1 SEN 0.00000% 0.00 0.00 0.00
Totals 1,133,099,937.04 7,130,905.66 25,391,055.49
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<S> <C> <C> <C> <C>
A-1 0.00 764,941,661.09 26,607,269.69 0.00
A-2 0.00 245,453,983.92 5,005,449.69 0.00
M-1 0.00 40,604,000.00 240,303.95 0.00
M-2 0.00 40,604,000.00 257,222.28 0.00
B 0.00 13,534,000.00 99,601.49 0.00
X 0.00 0.00 0.00 0.00
P 0.00 0.00 312,114.05 0.00
OC 0.00 3,901,146.11 0.00 0.00
R-III 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00
Totals 0.00 1,109,038,791.12 32,521,961.15 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<S> <C> <C> <C> <C> <C> <C>
A-1 983,064,000.00 786,996,236.25 531,522.81 21,523,052.35 0.00 0.00
A-2 275,679,000.00 248,790,464.25 234,505.13 3,101,975.20 0.00 0.00
M-1 40,604,000.00 40,604,000.00 0.00 0.00 0.00 0.00
M-2 40,604,000.00 40,604,000.00 0.00 0.00 0.00 0.00
B 13,534,000.00 13,534,000.00 0.00 0.00 0.00 0.00
X 0.00 0.00 0.00 0.00 0.00 0.00
P 0.00 0.00 0.00 0.00 0.00 0.00
OC 647.72 2,571,236.54 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00 0.00
Totals 1,353,485,647.72 1,133,099,937.04 766,027.94 24,625,027.55 0.00 0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<S> <C> <C> <C> <C>
A-1 22,054,575.16 764,941,661.09 0.77811990 22,054,575.16
A-2 3,336,480.33 245,453,983.92 0.89036156 3,336,480.33
M-1 0.00 40,604,000.00 1.00000000 0.00
M-2 0.00 40,604,000.00 1.00000000 0.00
B 0.00 13,534,000.00 1.00000000 0.00
X 0.00 0.00 0.00000000 0.00
P 0.00 0.00 0.00000000 0.00
OC 0.00 3,901,146.11 6,022.88968999 0.00
R-III 0.00 0.00 0.00000000 0.00
R-II 0.00 0.00 0.00000000 0.00
R-I 0.00 0.00 0.00000000 0.00
Totals 25,391,055.49 1,109,038,791.12 0.81939457 25,391,055.49
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<S> <C> <C> <C> <C> <C>
A-1 983,064,000.00 800.55442601 0.54067976 21.89384653 0.00000000
A-2 275,679,000.00 902.46433080 0.85064561 11.25212729 0.00000000
M-1 40,604,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-2 40,604,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B 13,534,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
X 0.00 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00 0.00000000 0.00000000 0.00000000 0.00000000
OC 647.72 3969672.91422219 0.00000000 0.00000000 0.00000000
R-III 0.00 0.00000000 0.00000000 0.00000000 0.00000000
R-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000
R-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
All Classes are per $1,000 denomination
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<S> <C> <C> <C> <C> <C>
A-1 0.00000000 22.43452630 778.11989971 0.77811990 22.43452630
A-2 0.00000000 12.10277290 890.36155790 0.89036156 12.10277290
M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
OC 0.00000000 0.00000000 6,022,889.6899895 6022.88968999 0.00000000
R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class Amount Rate Balance Interest Shortfall Shortfall
<S> <C> <C> <C> <C> <C> <C>
A-1 983,064,000.00 6.94188% 786,996,236.25 4,552,694.53 0.00 0.00
A-2 275,679,000.00 8.05000% 248,790,464.25 1,668,969.36 0.00 0.00
M-1 40,604,000.00 7.10188% 40,604,000.00 240,303.95 0.00 0.00
M-2 40,604,000.00 7.60188% 40,604,000.00 257,222.28 0.00 0.00
B 13,534,000.00 8.87188% 13,534,000.00 100,060.02 0.00 0.00
X 0.00 0.00000% 0.00 0.00 0.00 0.00
P 0.00 0.00000% 0.00 0.00 0.00 0.00
OC 647.72 0.00000% 2,571,236.54 0.00 0.00 0.00
R-III 0.00 0.00000% 0.00 0.00 0.00 0.00
R-II 0.00 0.00000% 0.00 0.00 0.00 0.00
R-I 0.00 0.00000% 0.00 0.00 0.00 0.00
Totals 1,353,485,647.72 6,819,250.14 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<S> <C> <C> <C> <C> <C>
A-1 0.00 0.00 4,552,694.53 0.00 764,941,661.09
A-2 0.00 0.00 1,668,969.36 0.00 245,453,983.92
M-1 0.00 0.00 240,303.95 0.00 40,604,000.00
M-2 0.00 0.00 257,222.28 0.00 40,604,000.00
B 0.00 0.00 99,601.49 0.00 13,534,000.00
X 0.00 0.00 0.00 0.00 0.00
P 0.00 0.00 312,114.05 0.00 0.00
OC 0.00 0.00 0.00 0.00 3,901,146.11
R-III 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
Totals 0.00 0.00 7,130,905.66 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class (5) Amount Rate Balance Interest Shortfall Shortfall
<S> <C> <C> <C> <C> <C> <C>
A-1 983,064,000.00 6.94188% 800.55442601 4.63112730 0.00000000 0.00000000
A-2 275,679,000.00 8.05000% 902.46433080 6.05403154 0.00000000 0.00000000
M-1 40,604,000.00 7.10188% 1000.00000000 5.91823343 0.00000000 0.00000000
M-2 40,604,000.00 7.60188% 1000.00000000 6.33490001 0.00000000 0.00000000
B 13,534,000.00 8.87188% 1000.00000000 7.39323334 0.00000000 0.00000000
X 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
OC 647.72 0.00000% 3969672.91422219 0.00000000 0.00000000 0.00000000
R-III 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
R-II 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
R-I 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
All Classes are per $1,000 denomination
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<S> <C> <C> <C> <C> <C>
A-1 0.00000000 0.00000000 4.63112730 0.00000000 778.11989971
A-2 0.00000000 0.00000000 6.05403154 0.00000000 890.36155790
M-1 0.00000000 0.00000000 5.91823343 0.00000000 1000.00000000
M-2 0.00000000 0.00000000 6.33490001 0.00000000 1000.00000000
B 0.00000000 0.00000000 7.35935348 0.00000000 1000.00000000
X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
OC 0.00000000 0.00000000 0.00000000 0.00000000 6022889.68998950
R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Component Statement
Component Beginning Ending Beginning Ending Ending
Pass-Through Notional Notional Component Component Component
Class Rate Balance Balance Balance Balance Percentage
<S> <C> <C> <C> <C> <C> <C>
Loss Mitigation 0.01500% 1,133,099,937.04 1,109,038,791.12 0.00 0.00 81.93945706%
</TABLE>
<TABLE>
<CAPTION>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<S> <C>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 33,423,705.78
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 0.00
Realized Losses (93,295.81)
Total Deposits 33,330,409.97
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 808,448.82
Payment of Interest and Principal 32,521,961.15
Total Withdrawals (Pool Distribution Amount) 33,330,409.97
Ending Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment/Curtailment Interest Shortfall 0.00
Servicing Fee Support 0.00
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 476,765.27
Trustee Fee - First Union 707.34
PMI Fees 307,238.46
Master Servicing Fee - Wells Fargo Bank, N.A. 9,574.00
Loss Mitigation Fee 14,163.75
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 808,448.82
</TABLE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
Reserve Fund 1,000.00 0.00 0.00 0.00
</TABLE>
<TABLE>
<CAPTION> LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<S> <C> <C> <C> <C> <C>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 49 8 0 57
5,175,909.51 1,623,576.16 0.00 6,799,485.67
30 Days 238 9 7 0 254
25,425,830.44 1,174,871.49 557,719.28 0.00 27,158,421.21
60 Days 57 11 75 0 143
5,365,098.00 1,363,236.00 6,641,394.62 0.00 13,369,728.62
90 Days 20 11 53 0 84
2,551,427.66 859,937.45 5,431,777.09 0.00 8,843,142.20
120 Days 22 11 36 0 69
2,209,056.42 1,111,625.59 5,087,001.47 0.00 8,407,683.48
150 Days 13 8 36 0 57
1,426,417.15 580,570.30 4,639,290.02 0.00 6,646,277.47
180+ Days 11 30 129 21 191
909,651.61 2,619,306.73 14,165,120.04 2,329,337.17 20,023,415.55
Totals 361 129 344 21 855
37,887,481.28 12,885,457.07 38,145,878.68 2,329,337.17 91,248,154.20
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0.539529% 0.088086% 0.000000% 0.627615%
0.466319% 0.146275% 0.000000% 0.612593%
30 Days 2.620568% 0.099097% 0.077076% 0.000000% 2.796741%
2.290717% 0.105849% 0.050247% 0.000000% 2.446813%
60 Days 0.627615% 0.121119% 0.825809% 0.000000% 1.574543%
0.483364% 0.122820% 0.598350% 0.000000% 1.204533%
90 Days 0.220216% 0.121119% 0.583572% 0.000000% 0.924906%
0.229869% 0.077475% 0.489371% 0.000000% 0.796715%
120 Days 0.242237% 0.121119% 0.396388% 0.000000% 0.759745%
0.199023% 0.100151% 0.458309% 0.000000% 0.757483%
150 Days 0.143140% 0.088086% 0.396388% 0.000000% 0.627615%
0.128512% 0.052306% 0.417973% 0.000000% 0.598790%
180+ Days 0.121119% 0.330324% 1.420392% 0.231227% 2.103061%
0.081954% 0.235984% 1.276194% 0.209860% 1.803991%
Totals 3.974895% 1.420392% 3.787712% 0.231227% 9.414226%
3.413438% 1.160903% 3.436718% 0.209860% 8.220919%
</TABLE>
<TABLE> Delinquency Status By Groups
<CAPTION>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<S> <C> <C> <C> <C> <C>
Group 1 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 26 6 0 32
3,429,816.02 1,569,385.15 0.00 4,999,201.17
30 Days 205 7 5 0 217
23,141,187.12 1,022,746.35 471,124.65 0.00 24,635,058.12
60 Days 43 7 53 0 103
4,179,863.28 1,161,205.90 5,183,502.31 0.00 10,524,571.49
90 Days 19 6 42 0 67
2,406,427.19 572,584.93 4,624,484.52 0.00 7,603,496.64
120 Days 19 8 26 0 53
2,105,136.19 964,660.24 4,149,211.43 0.00 7,219,007.86
150 Days 13 6 32 0 51
1,426,417.15 444,461.73 4,436,321.18 0.00 6,307,200.06
180 Days 10 27 115 20 172
877,023.36 2,465,696.91 12,845,347.33 2,299,337.17 18,487,404.77
Totals 309 87 279 20 695
34,136,054.29 10,061,172.08 33,279,376.57 2,299,337.17 79,775,940.11
0-29 Days 0.437269% 0.100908% 0.000000% 0.538177%
0.407063% 0.186260% 0.000000% 0.593323%
30 Days 3.447696% 0.117726% 0.084090% 0.000000% 3.649512%
2.746479% 0.121383% 0.055915% 0.000000% 2.923777%
60 Days 0.723175% 0.117726% 0.891356% 0.000000% 1.732257%
0.496081% 0.137816% 0.615197% 0.000000% 1.249094%
90 Days 0.319543% 0.100908% 0.706357% 0.000000% 1.126808%
0.285603% 0.067956% 0.548850% 0.000000% 0.902410%
120 Days 0.319543% 0.134544% 0.437269% 0.000000% 0.891356%
0.249845% 0.114489% 0.492443% 0.000000% 0.856778%
150 Days 0.218634% 0.100908% 0.538177% 0.000000% 0.857719%
0.169292% 0.052750% 0.526518% 0.000000% 0.748561%
180 Days 0.168180% 0.454087% 1.934073% 0.336361% 2.892701%
0.104088% 0.292638% 1.524532% 0.272894% 2.194151%
Totals 5.196771% 1.463169% 4.692230% 0.336361% 11.688530%
4.051389% 1.194096% 3.949715% 0.272894% 9.468093%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<S> <C> <C> <C> <C> <C>
Group 2 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 23 2 0 25
1,746,093.49 54,191.01 0.00 1,800,284.50
30 Days 33 2 2 0 37
2,284,643.32 152,125.14 86,594.63 0.00 2,523,363.09
60 Days 14 4 22 0 40
1,185,234.72 202,030.10 1,457,892.31 0.00 2,845,157.13
90 Days 1 5 11 0 17
145,000.47 287,352.52 807,292.57 0.00 1,239,645.56
120 Days 3 3 10 0 16
103,920.23 146,965.35 937,790.04 0.00 1,188,675.62
150 Days 0 2 4 0 6
0.00 136,108.57 202,968.84 0.00 339,077.41
180 Days 1 3 14 1 19
32,628.25 153,609.82 1,319,772.71 30,000.00 1,536,010.78
Totals 52 42 65 1 160
3,751,426.99 2,824,284.99 4,866,502.11 30,000.00 11,472,214.09
0-29 Days 0.733418% 0.063776% 0.000000% 0.797194%
0.653053% 0.020268% 0.000000% 0.673320%
30 Days 1.052296% 0.063776% 0.063776% 0.000000% 1.179847%
0.854474% 0.056896% 0.032387% 0.000000% 0.943757%
60 Days 0.446429% 0.127551% 0.701531% 0.000000% 1.275510%
0.443287% 0.075561% 0.545263% 0.000000% 1.064111%
90 Days 0.031888% 0.159439% 0.350765% 0.000000% 0.542092%
0.054231% 0.107472% 0.301934% 0.000000% 0.463637%
120 Days 0.095663% 0.095663% 0.318878% 0.000000% 0.510204%
0.038867% 0.054966% 0.350741% 0.000000% 0.444574%
150 Days 0.000000% 0.063776% 0.127551% 0.000000% 0.191327%
0.000000% 0.050906% 0.075912% 0.000000% 0.126818%
180 Days 0.031888% 0.095663% 0.446429% 0.031888% 0.605867%
0.012203% 0.057451% 0.493605% 0.011220% 0.574480%
Totals 1.658163% 1.339286% 2.072704% 0.031888% 5.102041%
1.403063% 1.056305% 1.820110% 0.011220% 4.290697%
<FN>
(7) Delinquencies are stratified according to the information the Servicer has provided.
</FN>
</TABLE>
<TABLE>
<CAPTION>
OTHER INFORMATION
<S> <C>
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 157,134.82
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 0.00
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description 6 Month LIBOR ARM
Weighted Average Gross Coupon 9.583332%
Weighted Average Net Coupon 9.078418%
Weighted Average Pass-Through Rate 8.742290%
Weighted Average Maturity(Stepdown Calculation ) 318
Beginning Scheduled Collateral Loan Count 9,244
Number Of Loans Paid In Full 162
Ending Scheduled Collateral Loan Count 9,082
Beginning Scheduled Collateral Balance 1,133,099,937.04
Ending Scheduled Collateral Balance 1,109,038,791.12
Ending Actual Collateral Balance at 30-Sep-2000 1,109,950,762.14
Monthly P &I Constant 9,814,622.52
Ending Scheduled Balance for Premium Loans 1,094,102,297.74
Required Overcollateralization Amount 0.00
Overcollateralized Increase Amount 0.00
Overcollateralized reduction Amount 0.00
Specified O/C Amount 6,767,428.24
Overcollateralized Amount 3,901,146.11
Overcollateralized Deficiency Amount 4,289,487.51
Base Overcollateralized Amount 0.00
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
PMI Claims Filed $0.00
PMI Claims Paid $0.00
PMI Claims Denied $0.00
Current Period Realized Losses - Includes Interest Shortfall $93,295.81
</TABLE>
<TABLE>
<CAPTION>
Group Level Collateral Statement
<S> <C>
Group ID 1 2 Total
Collateral Description Mixed ARM Mixed ARM
Weighted Average Coupon Rate 9.644184 9.386879
Weighted Average Net Rate 8.738394 8.752662
Weighted Average Maturity 330.00 273.00
Beginning Loan Count 6,074 3,170 9,244
Loans Paid In Full 128 34 162
Ending Loan Count 5,946 3,136 9,082
Beginning Scheduled Balance 862,949,729.62 270,150,207.42 1,133,099,937.04
Ending scheduled Balance 841,893,053.34 267,145,737.78 1,109,038,791.12
Record Date 9/30/00 9/30/00
Principal And Interest Constant 7,466,894.65 2,347,727.87 9,814,622.52
Scheduled Principal 531,522.81 234,505.13 766,027.94
Unscheduled Principal 20,525,153.47 2,769,964.51 23,295,117.98
Scheduled Interest 6,935,371.84 2,113,222.74 9,048,594.58
Servicing Fees 387,807.40 88,957.90 476,765.30
Master Servicing Fees 7,191.21 2,251.26 9,442.47
Trustee Fee 539.29 168.85 708.14
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 0.00 0.00 0.00
Pool Insurance Fee 0.00 0.00 0.00
Spread Fee 1 0.00 0.00 0.00
Spread Fee 2 0.00 0.00 0.00
Spread Fee 3 255,838.29 51,400.14 307,238.43
Net Interest 6,283,995.65 1,970,444.59 8,254,440.24
Realized Loss Amount 79,569.23 13,726.58 93,295.81
Cumulative Realized Loss 94,899.76 62,235.06 157,134.82
Percentage of Cumulative Losses 0.00 0.00 0.00
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