<TABLE>
<CAPTION>
Mellon Residential Funding Corporation
Mortgage Pass-Through Certificates
Record Date: 7/31/2000
Distribution Date: 8/25/2000
MRF Series: 2000-BC1
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 6.82818% 79,485,741.06 452,286.03 2,277,431.82
A-2A 585525DQ8 SEQ 6.92044% 83,437,955.45 481,189.75 363,918.73
A-2B 585525DR6 SEQ 6.92044% 101,930,500.00 587,836.93 0.00
A-2C 585525DS4 SEQ 6.92044% 106,500,300.00 614,191.14 0.00
A-3A 585525DT2 SEQ 7.03111% 15,140,901.27 88,714.47 10,242.80
A-3B 585525DU9 SEQ 7.03111% 18,454,300.00 108,128.53 0.00
A-3C 585525DV7 SEQ 7.03111% 20,337,000.00 119,159.76 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 6.91732% 3,366,400.00 19,405.39 0.00
B-2 585525DY1 SUB 6.91732% 3,366,300.00 19,404.82 0.00
B-3 585525DZ8 SUB 6.91732% 2,244,200.00 12,936.55 0.00
B-4 585525EA2 SUB 6.91732% 2,244,400.00 12,937.70 0.00
B-5 585525EB0 SUB 6.91732% 1,122,000.00 6,467.70 0.00
B-6 585525EC8 SUB 6.91732% 1,122,306.00 6,469.47 0.00
Totals 438,752,303.78 2,529,128.24 2,651,593.35
</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 77,208,309.24 2,729,717.85 0.00
A-2A 0.00 83,074,036.72 845,108.48 0.00
A-2B 0.00 101,930,500.00 587,836.93 0.00
A-2C 0.00 106,500,300.00 614,191.14 0.00
A-3A 0.00 15,130,658.47 98,957.27 0.00
A-3B 0.00 18,454,300.00 108,128.53 0.00
A-3C 0.00 20,337,000.00 119,159.76 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 19,405.39 0.00
B-2 0.00 3,366,300.00 19,404.82 0.00
B-3 0.00 2,244,200.00 12,936.55 0.00
B-4 0.00 2,244,400.00 12,937.70 0.00
B-5 0.00 1,122,000.00 6,467.70 0.00
B-6 0.00 1,122,306.00 6,469.47 0.00
Totals 0.00 436,100,710.43 5,180,721.59 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 79,485,741.06 4,251.84 2,273,179.98 0.00 0.00
A-2A 90,040,000.00 83,437,955.45 1,560.84 362,357.89 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 15,140,901.27 0.00 10,242.80 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 448,849,706.00 438,752,303.78 5,812.68 2,645,780.67 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 2,277,431.82 77,208,309.24 0.94892003 2,277,431.82
A-2A 363,918.73 83,074,036.72 0.92263479 363,918.73
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 10,242.80 15,130,658.47 0.90291860 10,242.80
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 2,651,593.35 436,100,710.43 0.97159629 2,651,593.35
</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 81,364,400.00 976.91055376 0.05225676 27.93826268 0.00000000
A-2A 90,040,000.00 926.67653765 0.01733496 4.02441015 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 16,757,500.00 903.52983858 0.00000000 0.61123676 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 27.99051944 948.92003431 0.94892003 27.99051944
A-2A 0.00000000 4.04174511 922.63479254 0.92263479 4.04174511
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 0.61123676 902.91860182 0.90291860 0.61123676
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 6.82818% 79,485,741.06 452,286.03 0.00 0.00
A-2A 90,040,000.00 6.92044% 83,437,955.45 481,189.75 0.00 0.00
A-2B 101,930,500.00 6.92044% 101,930,500.00 587,836.93 0.00 0.00
A-2C 106,500,300.00 6.92044% 106,500,300.00 614,191.14 0.00 0.00
A-3A 16,757,500.00 7.03111% 15,140,901.27 88,714.47 0.00 0.00
A-3B 18,454,300.00 7.03111% 18,454,300.00 108,128.53 0.00 0.00
A-3C 20,337,000.00 7.03111% 20,337,000.00 119,159.76 0.00 0.00
A-R 100.00 6.92200% 0.00 0.00 0.00 0.00
X 0.00 0.00000% 438,752,304.67 0.00 0.00 0.00
B-1 3,366,400.00 6.91732% 3,366,400.00 19,405.39 0.00 0.00
B-2 3,366,300.00 6.91732% 3,366,300.00 19,404.82 0.00 0.00
B-3 2,244,200.00 6.91732% 2,244,200.00 12,936.55 0.00 0.00
B-4 2,244,400.00 6.91732% 2,244,400.00 12,937.70 0.00 0.00
B-5 1,122,000.00 6.91732% 1,122,000.00 6,467.70 0.00 0.00
B-6 1,122,306.00 6.91732% 1,122,306.00 6,469.46 0.01 0.00
Totals 448,849,706.00 2,529,128.23 0.01 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 0.00 452,286.03 0.00 77,208,309.24
A-2A 0.00 0.00 481,189.75 0.00 83,074,036.72
A-2B 0.00 0.00 587,836.93 0.00 101,930,500.00
A-2C 0.00 0.00 614,191.14 0.00 106,500,300.00
A-3A 0.00 0.00 88,714.47 0.00 15,130,658.47
A-3B 0.00 0.00 108,128.53 0.00 18,454,300.00
A-3C 0.00 0.00 119,159.76 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 0.00 436,100,711.32
B-1 0.00 0.00 19,405.39 0.00 3,366,400.00
B-2 0.00 0.00 19,404.82 0.00 3,366,300.00
B-3 0.00 0.00 12,936.55 0.00 2,244,200.00
B-4 0.00 0.00 12,937.70 0.00 2,244,400.00
B-5 0.00 0.00 6,467.70 0.00 1,122,000.00
B-6 0.00 0.00 6,469.47 10.27 1,122,306.00
Totals 0.00 0.00 2,529,128.24 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 6.82818% 976.91055376 5.55877054 0.00000000 0.00000000
A-2A 90,040,000.00 6.92044% 926.67653765 5.34417759 0.00000000 0.00000000
A-2B 101,930,500.00 6.92044% 1000.00000000 5.76703666 0.00000000 0.00000000
A-2C 106,500,300.00 6.92044% 1000.00000000 5.76703671 0.00000000 0.00000000
A-3A 16,757,500.00 7.03111% 903.52983858 5.29401581 0.00000000 0.00000000
A-3B 18,454,300.00 7.03111% 1000.00000000 5.85925936 0.00000000 0.00000000
A-3C 20,337,000.00 7.03111% 1000.00000000 5.85925948 0.00000000 0.00000000
A-R 100.00 6.92200% 0.00000000 0.00000000 0.00000000 0.00000000
X 0.00 0.00000% 977.50382352 0.00000000 0.00000000 0.00000000
B-1 3,366,400.00 6.91732% 1000.00000000 5.76443382 0.00000000 0.00000000
B-2 3,366,300.00 6.91732% 1000.00000000 5.76443573 0.00000000 0.00000000
B-3 2,244,200.00 6.91732% 1000.00000000 5.76443722 0.00000000 0.00000000
B-4 2,244,400.00 6.91732% 1000.00000000 5.76443593 0.00000000 0.00000000
B-5 1,122,000.00 6.91732% 1000.00000000 5.76443850 0.00000000 0.00000000
B-6 1,122,306.00 6.91732% 1000.00000000 5.76443501 0.00000891 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 5.55877054 0.00000000 948.92003431
A-2A 0.00000000 0.00000000 5.34417759 0.00000000 922.63479254
A-2B 0.00000000 0.00000000 5.76703666 0.00000000 1000.00000000
A-2C 0.00000000 0.00000000 5.76703671 0.00000000 1000.00000000
A-3A 0.00000000 0.00000000 5.29401581 0.00000000 902.91860182
A-3B 0.00000000 0.00000000 5.85925936 0.00000000 1000.00000000
A-3C 0.00000000 0.00000000 5.85925948 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 971.59629298
B-1 0.00000000 0.00000000 5.76443382 0.00000000 1000.00000000
B-2 0.00000000 0.00000000 5.76443573 0.00000000 1000.00000000
B-3 0.00000000 0.00000000 5.76443722 0.00000000 1000.00000000
B-4 0.00000000 0.00000000 5.76443593 0.00000000 1000.00000000
B-5 0.00000000 0.00000000 5.76443850 0.00000000 1000.00000000
B-6 0.00000000 0.00000000 5.76444392 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>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<S> <C>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 5,275,418.96
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 5,275,418.96
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 94,697.37
Payment of Interest and Principal 5,180,721.59
Total Withdrawals (Pool Distribution Amount) 5,275,418.96
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 91,406.73
Trustee Fee 3,290.64
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 94,697.37
</TABLE>
<TABLE>
<CAPTION>
CERTIFICATEHOLDER DELINQUENCY/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
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
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>
Delinquency Status By Groups
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
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
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
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
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
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
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 0.04586097%
Fraud 2,057,249.00 0.45833805% 2,057,249.00 0.47173713%
Special Hazard 5,657,801.00 1.26051124% 5,657,801.00 1.29736110%
<FN>
Limit of Subordinate's Exposure to Certain Types of Losses
</FN>
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Descriptio Mixed ARM
Weighted Average Gross Coupon 7.176237%
Weighted Average Net Coupon 6.926237%
Weighted Average Pass-Through Rate 6.917236%
Weighted Average Maturity (Stepdown Calculation) 347
Beginning Scheduled Collateral Loan Count 729
Number Of Loans Paid In Full 3
Ending Scheduled Collateral Loan Count 726
Beginning Scheduled Collateral Balance 438,752,304.67
Ending Scheduled Collateral Balance 436,100,711.32
Ending Actual Collateral Balance at 31-Jul-2000 436,100,711.32
Monthly P&I Constant 2,629,638.28
Ending Scheduled Balance for Premium Loans 436,100,711.32
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
Group Senior Percentage 100%
Group Subordinated Percentage 0%
Group Senior Prepayment Percentage 100%
</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 7.087184 7.179444 7.290111
Weighted Average Net Rate 6.828184 6.920444 7.031111
Weighted Average Maturity 337.00 349.00 347.00
Record Date 7/31/00 7/31/00 7/31/00
Principal And Interest Constant 488,555.62 1,803,002.23 338,080.43 2,629,638.28
Beginning Loan Count 165 471 93 729
Loans Paid In Full 3 0 0 3
Ending Loan Count 162 471 93 726
Beginning Scheduled Balance 82,002,184.72 301,099,870.75 55,650,249.20 438,752,304.67
Ending Scheduled Balance 79,724,752.90 300,735,952.02 55,640,006.40 436,100,711.32
Scheduled Principal 4,251.84 1,560.84 0.00 5,812.68
Unscheduled Principal 2,273,179.98 362,357.89 10,242.80 2,645,780.67
Scheduled Interest 484,303.78 1,801,441.39 338,080.43 2,623,825.60
Servicing Fees 17,083.79 62,729.14 11,593.80 91,406.73
Master Servicing Fees 0.00 0.00 0.00 0.00
Trustee Fee 615.01 2,258.25 417.38 3,290.64
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 466,604.98 1,736,454.00 326,069.25 2,529,128.23
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>