<TABLE>
<CAPTION>
Mellon Residential Funding Corporation
Mortgage Pass-Through Certificates
Record Date: 09/30/2000
Distribution Date: 10/25/2000
MRF Series: 2000-TBC1
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 585525DP0 SEQ 6.81728% 76,409,285.19 434,086.26 1,862,039.74
A-2A 585525DQ8 SEQ 6.92022% 81,721,864.50 471,277.43 766,846.71
A-2B 585525DR6 SEQ 6.92022% 101,930,500.00 587,817.53 0.00
A-2C 585525DS4 SEQ 6.92022% 106,500,300.00 614,170.86 0.00
A-3A 585525DT2 SEQ 7.03120% 15,100,961.59 88,481.54 23,566.97
A-3B 585525DU9 SEQ 7.03120% 18,454,300.00 108,129.86 0.00
A-3C 585525DV7 SEQ 7.03120% 20,337,000.00 119,161.22 0.00
A-R 585525DW5 RES 6.92200% 0.00 0.00 0.00
X MRF00001X IO 0.00000% 0.00 0.00 0.00
B-1 585525DX3 SUB 6.91514% 3,366,400.00 19,399.27 0.00
B-2 585525DY1 SUB 6.91514% 3,366,300.00 19,398.69 0.00
B-3 585525DZ8 SUB 6.91514% 2,244,200.00 12,932.46 0.00
B-4 585525EA2 SUB 6.91514% 2,244,400.00 12,933.61 0.00
B-5 585525EB0 SUB 6.91514% 1,122,000.00 6,465.65 0.00
B-6 585525EC8 SUB 6.91514% 1,122,306.00 6,467.42 0.00
Totals 433,919,817.28 2,500,721.80 2,652,453.42
</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 74,547,245.45 2,296,126.00 0.00
A-2A 0.00 80,955,017.79 1,238,124.14 0.00
A-2B 0.00 101,930,500.00 587,817.53 0.00
A-2C 0.00 106,500,300.00 614,170.86 0.00
A-3A 0.00 15,077,394.62 112,048.51 0.00
A-3B 0.00 18,454,300.00 108,129.86 0.00
A-3C 0.00 20,337,000.00 119,161.22 0.00
A-R 0.00 0.00 0.00 0.00
X 0.00 0.00 0.00 0.00
B-1 0.00 3,366,400.00 19,399.27 0.00
B-2 0.00 3,366,300.00 19,398.69 0.00
B-3 0.00 2,244,200.00 12,932.46 0.00
B-4 0.00 2,244,400.00 12,933.61 0.00
B-5 0.00 1,122,000.00 6,465.65 0.00
B-6 0.00 1,122,306.00 6,467.42 0.00
Totals 0.00 431,267,363.86 5,153,175.22 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 81,364,400.00 76,409,285.19 4,335.15 1,857,704.59 0.00 0.00
A-2A 90,040,000.00 81,721,864.50 1,580.16 765,266.55 0.00 0.00
A-2B 101,930,500.00 101,930,500.00 0.00 0.00 0.00 0.00
A-2C 106,500,300.00 106,500,300.00 0.00 0.00 0.00 0.00
A-3A 16,757,500.00 15,100,961.59 0.00 23,566.97 0.00 0.00
A-3B 18,454,300.00 18,454,300.00 0.00 0.00 0.00 0.00
A-3C 20,337,000.00 20,337,000.00 0.00 0.00 0.00 0.00
A-R 100.00 0.00 0.00 0.00 0.00 0.00
X 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00
B-1 3,366,400.00 3,366,400.00 0.00 0.00 0.00 0.00
B-2 3,366,300.00 3,366,300.00 0.00 0.00 0.00 0.00
B-3 2,244,200.00 2,244,200.00 0.00 0.00 0.00 0.00
B-4 2,244,400.00 2,244,400.00 0.00 0.00 0.00 0.00
B-5 1,122,000.00 1,122,000.00 0.00 0.00 0.00 0.00
B-6 1,122,306.00 1,122,306.00 0.00 0.00 0.00 0.00
Totals 448,849,706.00 433,919,817.28 5,915.31 2,646,538.11 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 1,862,039.74 74,547,245.45 0.91621453 1,862,039.74
A-2A 766,846.71 80,955,017.79 0.89910060 766,846.71
A-2B 0.00 101,930,500.00 1.00000000 0.00
A-2C 0.00 106,500,300.00 1.00000000 0.00
A-3A 23,566.97 15,077,394.62 0.89974009 23,566.97
A-3B 0.00 18,454,300.00 1.00000000 0.00
A-3C 0.00 20,337,000.00 1.00000000 0.00
A-R 0.00 0.00 0.00000000 0.00
X 0.00 0.00 0.00000000 0.00
X 0.00 0.00 0.00000000 0.00
B-1 0.00 3,366,400.00 1.00000000 0.00
B-2 0.00 3,366,300.00 1.00000000 0.00
B-3 0.00 2,244,200.00 1.00000000 0.00
B-4 0.00 2,244,400.00 1.00000000 0.00
B-5 0.00 1,122,000.00 1.00000000 0.00
B-6 0.00 1,122,306.00 1.00000000 0.00
Totals 2,652,453.42 431,267,363.86 0.96082800 2,652,453.42
</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 81,364,400.00 939.09971916 0.05328067 22.83190916 0.00000000
A-2A 90,040,000.00 907.61733119 0.01754953 8.49918425 0.00000000
A-2B 101,930,500.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-2C 106,500,300.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-3A 16,757,500.00 901.14644726 0.00000000 1.40635357 0.00000000
A-3B 18,454,300.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-3C 20,337,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000
X 0.00 0.00000000 0.00000000 0.00000000 0.00000000
B-1 3,366,400.00 1000.00000000 0.00000000 0.00000000 0.00000000
B-2 3,366,300.00 1000.00000000 0.00000000 0.00000000 0.00000000
B-3 2,244,200.00 1000.00000000 0.00000000 0.00000000 0.00000000
B-4 2,244,400.00 1000.00000000 0.00000000 0.00000000 0.00000000
B-5 1,122,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B-6 1,122,306.00 1000.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) 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 22.88518984 916.21452933 0.91621453 22.88518984
A-2A 0.00000000 8.51673378 899.10059740 0.89910060 8.51673378
A-2B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-2C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-3A 0.00000000 1.40635357 899.74009369 0.89974009 1.40635357
A-3B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-3C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
B-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
B-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
B-6 0.00000000 0.00000000 1,000.00000000 1.00000000 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 81,364,400.00 6.81728% 76,409,285.19 434,086.26 0.00 0.00
A-2A 90,040,000.00 6.92022% 81,721,864.50 471,277.43 0.00 0.00
A-2B 101,930,500.00 6.92022% 101,930,500.00 587,817.53 0.00 0.00
A-2C 106,500,300.00 6.92022% 106,500,300.00 614,170.86 0.00 0.00
A-3A 16,757,500.00 7.03120% 15,100,961.59 88,481.54 0.00 0.00
A-3B 18,454,300.00 7.03120% 18,454,300.00 108,129.86 0.00 0.00
A-3C 20,337,000.00 7.03120% 20,337,000.00 119,161.22 0.00 0.00
A-R 100.00 6.92200% 0.00 0.00 0.00 0.00
X 0.00 0.00000% 433,919,818.17 0.00 0.00 0.00
B-1 3,366,400.00 6.91514% 3,366,400.00 19,399.27 0.00 0.00
B-2 3,366,300.00 6.91514% 3,366,300.00 19,398.69 0.00 0.00
B-3 2,244,200.00 6.91514% 2,244,200.00 12,932.46 0.00 0.00
B-4 2,244,400.00 6.91514% 2,244,400.00 12,933.61 0.00 0.00
B-5 1,122,000.00 6.91514% 1,122,000.00 6,465.65 0.00 0.00
B-6 1,122,306.00 6.91514% 1,122,306.00 6,467.42 0.00 0.00
Totals 448,849,706.00 2,500,721.80 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement (continued)
Payment of 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 0.00 434,086.26 0.00 74,547,245.45
A-2A 0.00 0.00 471,277.43 0.00 80,955,017.79
A-2B 0.00 0.00 587,817.53 0.00 101,930,500.00
A-2C 0.00 0.00 614,170.86 0.00 106,500,300.00
A-3A 0.00 0.00 88,481.54 0.00 15,077,394.62
A-3B 0.00 0.00 108,129.86 0.00 18,454,300.00
A-3C 0.00 0.00 119,161.22 0.00 20,337,000.00
A-R 0.00 0.00 0.00 0.00 0.00
X 0.00 0.00 0.00 0.00 431,267,364.75
B-1 0.00 0.00 19,399.27 0.00 3,366,400.00
B-2 0.00 0.00 19,398.69 0.00 3,366,300.00
B-3 0.00 0.00 12,932.46 0.00 2,244,200.00
B-4 0.00 0.00 12,933.61 0.00 2,244,400.00
B-5 0.00 0.00 6,465.65 0.00 1,122,000.00
B-6 0.00 0.00 6,467.42 10.27 1,122,306.00
Totals 0.00 0.00 2,500,721.80 10.27
<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 81,364,400.00 6.81728% 939.09971916 5.33508832 0.00000000 0.00000000
A-2A 90,040,000.00 6.92022% 907.61733119 5.23408963 0.00000000 0.00000000
A-2B 101,930,500.00 6.92022% 1000.00000000 5.76684633 0.00000000 0.00000000
A-2C 106,500,300.00 6.92022% 1000.00000000 5.76684629 0.00000000 0.00000000
A-3A 16,757,500.00 7.03120% 901.14644726 5.28011577 0.00000000 0.00000000
A-3B 18,454,300.00 7.03120% 1000.00000000 5.85933143 0.00000000 0.00000000
A-3C 20,337,000.00 7.03120% 1000.00000000 5.85933127 0.00000000 0.00000000
A-R 100.00 6.92200% 0.00000000 0.00000000 0.00000000 0.00000000
X 0.00 0.00000% 966.73744353 0.00000000 0.00000000 0.00000000
B-1 3,366,400.00 6.91514% 1000.00000000 5.76261585 0.00000000 0.00000000
B-2 3,366,300.00 6.91514% 1000.00000000 5.76261474 0.00000000 0.00000000
B-3 2,244,200.00 6.91514% 1000.00000000 5.76261474 0.00000000 0.00000000
B-4 2,244,400.00 6.91514% 1000.00000000 5.76261362 0.00000000 0.00000000
B-5 1,122,000.00 6.91514% 1000.00000000 5.76261141 0.00000000 0.00000000
B-6 1,122,306.00 6.91514% 1000.00000000 5.76261733 0.00000000 0.00000000
<FN>
(5) 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 5.33508832 0.00000000 916.21452933
A-2A 0.00000000 0.00000000 5.23408963 0.00000000 899.10059740
A-2B 0.00000000 0.00000000 5.76684633 0.00000000 1000.00000000
A-2C 0.00000000 0.00000000 5.76684629 0.00000000 1000.00000000
A-3A 0.00000000 0.00000000 5.28011577 0.00000000 899.74009369
A-3B 0.00000000 0.00000000 5.85933143 0.00000000 1000.00000000
A-3C 0.00000000 0.00000000 5.85933127 0.00000000 1000.00000000
A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
X 0.00000000 0.00000000 0.00000000 0.00000000 960.82799683
B-1 0.00000000 0.00000000 5.76261585 0.00000000 1000.00000000
B-2 0.00000000 0.00000000 5.76261474 0.00000000 1000.00000000
B-3 0.00000000 0.00000000 5.76261474 0.00000000 1000.00000000
B-4 0.00000000 0.00000000 5.76261362 0.00000000 1000.00000000
B-5 0.00000000 0.00000000 5.76261141 0.00000000 1000.00000000
B-6 0.00000000 0.00000000 5.76261733 0.00915080 1000.00000000
<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>
Certificate 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>
PRORATA 0.00000% 0.00 0.00 0.00 0.00 0.00000000%
PRORATA 0.00000% 0.00 0.00 0.00 0.00 0.00000000%
</TABLE>
<TABLE>
<CAPTION>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<S> <C>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 5,246,829.58
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 0.00
Realized Losses 0.00
Total Deposits 5,246,829.58
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 93,654.36
Payment of Interest and Principal 5,153,175.22
Total Withdrawals (Pool Distribution Amount) 5,246,829.58
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 90,399.96
Trustee Fee 3,254.40
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 93,654.36
</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 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
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 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
</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 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
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 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<S> <C> <C> <C> <C> <C>
Group 3 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 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
</TABLE>
<TABLE>
<CAPTION>
OTHER INFORMATION
<S> <C>
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 0.00
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 0.00
</TABLE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 200,000.00 0.04455834% 200,000.00 0.04637494%
Fraud 2,057,249.00 0.45833805% 2,057,249.00 0.47702404%
Special Hazard 5,657,801.00 1.26051124% 5,657,801.00 1.31190103%
<FN>
Limit of Subordinate's Exposure to Certain Types of Losses
</FN>
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed ARM
Weighted Average Gross Coupon 7.174716%
Weighted Average Net Coupon 6.915140%
Weighted Average Pass-Through Rate 6.915716%
Weighted Average Maturity(Stepdown Calculation ) 345
Beginning Scheduled Collateral Loan Count 722
Number Of Loans Paid In Full 3
Ending Scheduled Collateral Loan Count 719
Beginning Scheduled Collateral Balance 433,919,818.17
Ending Scheduled Collateral Balance 431,267,364.75
Ending Actual Collateral Balance at 30-Sep-2000 431,267,364.75
Monthly P &I Constant 2,600,291.47
Ending Scheduled Balance for Premium Loans 431,267,364.75
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
</TABLE>
<TABLE>
<CAPTION>
Group Level Collateral Statement
<S> <C>
Group ID 1 2 3 Total
Collateral Description 1 Year CMT. ARM 1 Year CMT. ARM 1 Year CMT. ARM
Weighted Average Coupon Rate 7.076280 7.179216 7.290197
Weighted Average Net Rate 6.817280 6.920216 7.031197
Weighted Average Maturity 335.00 347.00 345.00
Beginning Loan Count 160 469 93 722
Loans Paid In Full 2 1 0 3
Ending Loan Count 158 468 93 719
Beginning Scheduled Balance 78,925,728.85 299,383,779.80 55,610,309.52 433,919,818.17
Ending scheduled Balance 77,063,689.11 298,616,933.09 55,586,742.55 431,267,364.75
Record Date 09/30/2000 09/30/2000 09/30/2000
Principal And Interest Constant 469,752.29 1,792,697.40 337,841.78 2,600,291.47
Scheduled Principal 4,335.15 1,580.16 0.00 5,915.31
Unscheduled Principal 1,857,704.59 765,266.55 23,566.97 2,646,538.11
Scheduled Interest 465,417.14 1,791,117.24 337,841.78 2,594,376.16
Servicing Fees 16,442.86 62,371.62 11,585.48 90,399.96
Master Servicing Fees 0.00 0.00 0.00 0.00
Trustee Fee 591.94 2,245.38 417.08 3,254.40
FRY Amount 0.00 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00 0.00
Other Fee 0.00 0.00 0.00 0.00
Pool Insurance Fee 0.00 0.00 0.00 0.00
Spread Fee 1 0.00 0.00 0.00 0.00
Spread Fee 2 0.00 0.00 0.00 0.00
Spread Fee 3 0.00 0.00 0.00 0.00
Net Interest 448,382.34 1,726,500.24 325,839.22 2,500,721.80
Realized Loss Amount 0.00 0.00 0.00 0.00
Cumulative Realized Loss 0.00 0.00 0.00 0.00
Percentage of Cumulative Losses 0.00 0.00 0.00 0.00
</TABLE>