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Previous: MELLON RESIDENTIAL FUNDING COR MOR PAS THR CER SER 2000-TBC1, 8-K, 2000-05-09 |
Next: SALOMON BROTHERS MOR SEC VII FL RT MR PA TH CER SER 2000 LB1, 8-K, 2000-05-09 |
UNITED STATES
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): April 25, 2000
NORWEST INTEGRATED STRUCTURED ASSETS, INC.
Mortgage Pass-Through Certificates, Series 2000-1 Trust
New York (governing law of 333-17801-06 Pending
Pooling and Servicing Agreement) (Commission IRS EIN
(State or other File Number)
jurisdiction
c/o Norwest Bank Minnesota, N.A.
11000 Broken Land Parkway 21044
Columbia, MD (Zip Code)
(Address of principal executive offices)
Registrant's telephone number, including area code: (410) 884-2000
Former name or former address, if changed since last report)
ITEM 5. Other Events
On April 25, 2000 a distribution was made to holders of NORWEST INTEGRATED
STRUCTURED ASSETS, INC., Mortgage Pass-Through Certificates, Series 2000-1
Trust.
ITEM 7. Financial Statements and Exhibits
(c) Exhibits furnished in accordance with Item 601(a) of
Regulation S-K
Exhibit Number Description
Monthly report distributed to holders of
EX-99.1 Mortgage Pass-Through Certificates, Series
2000-1 Trust, relating to the April 25,
2000 distribution.
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 hereunto duly authorized.
NORWEST INTEGRATED STRUCTURED ASSETS, INC.
Mortgage Pass-Through Certificates, Series 2000-1 Trust
By: Norwest Bank Minnesota, N.A., as Master Servicer
By: /s/ Sherri Sharps, Vice President
By: Sherri Sharps, Vice President
Date: 5/3/00
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through
Certificates, Series 2000-1 Trust, relating to the April 25,
2000 distribution.
<TABLE>
<CAPTION>
Norwest Integrated Structured Assets, inc.
Mortgage Pass-Through Certificates
Record Date: 3/31/00
Distribution Date: 4/25/00
NISTAR Series: 2000-1
Contact: Customer Service - SecuritiesLink
Norwest Bank Minnesota, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
Telephone: (301) 846-8130
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>
I-A-PO NIS001PO1 PO 0.00000% 1,268,041.02 0.00 1,373.43
I-A-1 66938DDC0 SEQ 7.50000% 93,677,223.68 585,482.65 2,404,017.24
I-A-2 66938DDD8 SEQ 7.00000% 14,367,666.67 83,811.39 58,673.61
I-A-3 66938DDE6 SEQ 8.00000% 6,350,000.00 42,333.33 0.00
I-A-4 66938DDF3 SEQ 7.50000% 17,500,000.00 109,375.00 0.00
I-A-5 66938DDG1 SEQ 8.00000% 4,200,000.00 28,000.00 0.00
I-A-6 66938DDH9 SEQ 8.00000% 3,909,000.00 26,060.00 0.00
I-A-7 66938DDJ5 SEQ 8.00000% 5,080,000.00 33,866.67 0.00
I-A-8 66938DDK2 SEQ 8.00000% 3,079,000.00 20,526.67 0.00
I-A-9 66938DDL0 SEQ 8.00000% 1,808,000.00 12,053.33 0.00
I-A-10 66938DDM8 SEQ 7.00000% 10,058,333.33 58,673.61 -58,673.61
I-AR 66938DDN6 R 7.50000% 0.00 11.75 0.00
II-A-PO NIS001PO2 PO 0.00000% 799,273.89 0.00 2,950.07
II-A-1 66938DDP1 SEN 7.50000% 20,469,218.15 127,932.61 73,168.80
B-1 66938DDQ9 SUB 7.50000% 5,742,551.91 35,890.95 5,514.65
B-2 66938DDR7 SUB 7.50000% 3,069,088.28 19,181.80 2,947.28
B-3 66938DDS5 SUB 7.50000% 2,375,746.07 14,848.41 2,281.46
B-4 66938DDT3 SUB 7.50000% 1,187,873.04 7,424.21 1,140.73
B-5 66938DDU0 SUB 7.50000% 494,530.83 3,090.82 474.90
B-6 66938DDV8 SUB 7.50000% 992,467.50 6,202.92 953.08
Totals 196,428,014.37 1,214,766.12 2,494,821.64
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<S> <C> <C> <C> <C>
I-A-PO 0.00 1,266,667.59 1,373.43 0.00
I-A-1 0.00 91,273,206.45 2,989,499.89 0.00
I-A-2 0.00 14,308,993.06 142,485.00 0.00
I-A-3 0.00 6,350,000.00 42,333.33 0.00
I-A-4 0.00 17,500,000.00 109,375.00 0.00
I-A-5 0.00 4,200,000.00 28,000.00 0.00
I-A-6 0.00 3,909,000.00 26,060.00 0.00
I-A-7 0.00 5,080,000.00 33,866.67 0.00
I-A-8 0.00 3,079,000.00 20,526.67 0.00
I-A-9 0.00 1,808,000.00 12,053.33 0.00
I-A-10 0.00 10,117,006.94 0.00 0.00
I-AR 0.00 0.00 11.75 0.00
II-A-PO 0.00 796,323.82 2,950.07 0.00
II-A-1 0.00 20,396,049.35 201,101.41 0.00
B-1 0.00 5,737,037.26 41,405.60 0.00
B-2 0.00 3,066,141.00 22,129.08 0.00
B-3 0.00 2,373,464.61 17,129.87 0.00
B-4 0.00 1,186,732.31 8,564.94 0.00
B-5 0.00 494,055.92 3,565.72 0.00
B-6 0.00 991,514.42 7,156.00 21.29
Totals 0.00 193,933,192.73 3,709,587.76 21.29
<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>
I-A-PO 1,272,928.93 1,268,041.02 1,081.48 291.94 0.00 0.00
I-A-1 95,249,900.00 93,677,223.68 104,963.07 2,299,054.17 0.00 0.00
I-A-2 14,426,000.00 14,367,666.67 2,561.78 56,111.83 0.00 0.00
I-A-3 6,350,000.00 6,350,000.00 0.00 0.00 0.00 0.00
I-A-4 17,500,000.00 17,500,000.00 0.00 0.00 0.00 0.00
I-A-5 4,200,000.00 4,200,000.00 0.00 0.00 0.00 0.00
I-A-6 3,909,000.00 3,909,000.00 0.00 0.00 0.00 0.00
I-A-7 5,080,000.00 5,080,000.00 0.00 0.00 0.00 0.00
I-A-8 3,079,000.00 3,079,000.00 0.00 0.00 0.00 0.00
I-A-9 1,808,000.00 1,808,000.00 0.00 0.00 0.00 0.00
I-A-10 10,000,000.00 10,058,333.33 0.00 0.00 -58,673.61 0.00
I-AR 100.00 0.00 0.00 0.00 0.00 0.00
II-A-PO 802,353.80 799,273.89 2,868.69 81.39 0.00 0.00
II-A-1 20,657,000.00 20,469,218.15 67,064.40 6,104.40 0.00 0.00
B-1 5,748,000.00 5,742,551.91 5,514.65 0.00 0.00 0.00
B-2 3,072,000.00 3,069,088.28 2,947.28 0.00 0.00 0.00
B-3 2,378,000.00 2,375,746.07 2,281.46 0.00 0.00 0.00
B-4 1,189,000.00 1,187,873.04 1,140.73 0.00 0.00 0.00
B-5 495,000.00 494,530.83 474.90 0.00 0.00 0.00
B-6 993,409.06 992,467.50 953.08 0.00 0.00 0.00
Totals 198,209,691.79 196,428,014.37 191,851.52 2,361,643.73 (58,673.61) 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>
I-A-PO 1,373.43 1,266,667.59 0.99508116 1,373.43
I-A-1 2,404,017.24 91,273,206.45 0.95824989 2,404,017.24
I-A-2 58,673.61 14,308,993.06 0.99188916 58,673.61
I-A-3 0.00 6,350,000.00 1.00000000 0.00
I-A-4 0.00 17,500,000.00 1.00000000 0.00
I-A-5 0.00 4,200,000.00 1.00000000 0.00
I-A-6 0.00 3,909,000.00 1.00000000 0.00
I-A-7 0.00 5,080,000.00 1.00000000 0.00
I-A-8 0.00 3,079,000.00 1.00000000 0.00
I-A-9 0.00 1,808,000.00 1.00000000 0.00
I-A-10 (58,673.61) 10,117,006.94 1.01170069 (58,673.61)
I-AR 0.00 0.00 0.00000000 0.00
II-A-PO 2,950.07 796,323.82 0.99248464 2,950.07
II-A-1 73,168.80 20,396,049.35 0.98736745 73,168.80
B-1 5,514.65 5,737,037.26 0.99809277 5,514.65
B-2 2,947.28 3,066,141.00 0.99809277 2,947.28
B-3 2,281.46 2,373,464.61 0.99809277 2,281.46
B-4 1,140.73 1,186,732.31 0.99809278 1,140.73
B-5 474.90 494,055.92 0.99809277 474.90
B-6 953.08 991,514.42 0.99809279 953.08
Totals 2,494,821.64 193,933,192.73 0.97842437 2,494,821.64
</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>
I-A-PO 1,272,928.93 996.16010770 0.84959967 0.22934509 0.00000000
I-A-1 95,249,900.00 983.48894519 1.10197565 24.13707699 0.00000000
I-A-2 14,426,000.00 995.95637529 0.17758076 3.88963191 0.00000000
I-A-3 6,350,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
I-A-4 17,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
I-A-5 4,200,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
I-A-6 3,909,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
I-A-7 5,080,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
I-A-8 3,079,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
I-A-9 1,808,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
I-A-10 10,000,000.00 1005.83333300 0.00000000 0.00000000 -5.86736100
I-AR 100.00 0.00000000 0.00000000 0.00000000 0.00000000
II-A-PO 802,353.80 996.16140660 3.57534295 0.10143904 0.00000000
II-A-1 20,657,000.00 990.90952946 3.24657017 0.29551242 0.00000000
B-1 5,748,000.00 999.05217641 0.95940327 0.00000000 0.00000000
B-2 3,072,000.00 999.05217448 0.95940104 0.00000000 0.00000000
B-3 2,378,000.00 999.05217410 0.95940286 0.00000000 0.00000000
B-4 1,189,000.00 999.05217830 0.95940286 0.00000000 0.00000000
B-5 495,000.00 999.05218182 0.95939394 0.00000000 0.00000000
B-6 993,409.06 999.05219306 0.95940337 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>
I-A-PO 0.00000000 1.07895262 995.08115508 0.99508116 1.07895262
I-A-1 0.00000000 25.23905264 958.24989265 0.95824989 25.23905264
I-A-2 0.00000000 4.06721267 991.88916262 0.99188916 4.06721267
I-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
I-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
I-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
I-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
I-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
I-A-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
I-A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
I-A-10 0.00000000 -5.86736100 1,011.70069400 1.01170069 -5.86736100
I-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
II-A-PO 0.00000000 3.67676952 992.48463708 0.99248464 3.67676952
II-A-1 0.00000000 3.54208259 987.36744687 0.98736745 3.54208259
B-1 0.00000000 0.95940327 998.09277314 0.99809277 0.95940327
B-2 0.00000000 0.95940104 998.09277344 0.99809277 0.95940104
B-3 0.00000000 0.95940286 998.09277124 0.99809277 0.95940286
B-4 0.00000000 0.95940286 998.09277544 0.99809278 0.95940286
B-5 0.00000000 0.95939394 998.09276768 0.99809277 0.95939394
B-6 0.00000000 0.95940337 998.09278969 0.99809279 0.95940337
<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>
I-A-PO 1,272,928.93 0.00000% 1,268,041.02 0.00 0.00 0.00
I-A-1 95,249,900.00 7.50000% 93,677,223.68 585,482.65 0.00 0.00
I-A-2 14,426,000.00 7.00000% 14,367,666.67 83,811.39 0.00 0.00
I-A-3 6,350,000.00 8.00000% 6,350,000.00 42,333.33 0.00 0.00
I-A-4 17,500,000.00 7.50000% 17,500,000.00 109,375.00 0.00 0.00
I-A-5 4,200,000.00 8.00000% 4,200,000.00 28,000.00 0.00 0.00
I-A-6 3,909,000.00 8.00000% 3,909,000.00 26,060.00 0.00 0.00
I-A-7 5,080,000.00 8.00000% 5,080,000.00 33,866.67 0.00 0.00
I-A-8 3,079,000.00 8.00000% 3,079,000.00 20,526.67 0.00 0.00
I-A-9 1,808,000.00 8.00000% 1,808,000.00 12,053.33 0.00 0.00
I-A-10 10,000,000.00 7.00000% 10,058,333.33 58,673.61 0.00 0.00
I-AR 100.00 7.50000% 0.00 0.00 0.00 0.00
II-A-PO 802,353.80 0.00000% 799,273.89 0.00 0.00 0.00
II-A-1 20,657,000.00 7.50000% 20,469,218.15 127,932.61 0.00 0.00
B-1 5,748,000.00 7.50000% 5,742,551.91 35,890.95 0.00 0.00
B-2 3,072,000.00 7.50000% 3,069,088.28 19,181.80 0.00 0.00
B-3 2,378,000.00 7.50000% 2,375,746.07 14,848.41 0.00 0.00
B-4 1,189,000.00 7.50000% 1,187,873.04 7,424.21 0.00 0.00
B-5 495,000.00 7.50000% 494,530.83 3,090.82 0.00 0.00
B-6 993,409.06 7.50000% 992,467.50 6,202.92 0.00 0.00
Totals 198,209,691.79 1,214,754.37 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>
I-A-PO 0.00 0.00 0.00 0.00 1,266,667.59
I-A-1 0.00 0.00 585,482.65 0.00 91,273,206.45
I-A-2 0.00 0.00 83,811.39 0.00 14,308,993.06
I-A-3 0.00 0.00 42,333.33 0.00 6,350,000.00
I-A-4 0.00 0.00 109,375.00 0.00 17,500,000.00
I-A-5 0.00 0.00 28,000.00 0.00 4,200,000.00
I-A-6 0.00 0.00 26,060.00 0.00 3,909,000.00
I-A-7 0.00 0.00 33,866.67 0.00 5,080,000.00
I-A-8 0.00 0.00 20,526.67 0.00 3,079,000.00
I-A-9 0.00 0.00 12,053.33 0.00 1,808,000.00
I-A-10 0.00 0.00 58,673.61 0.00 10,117,006.94
I-AR 0.00 0.00 11.75 0.00 0.00
II-A-PO 0.00 0.00 0.00 0.00 796,323.82
II-A-1 0.00 0.00 127,932.61 0.00 20,396,049.35
B-1 0.00 0.00 35,890.95 0.00 5,737,037.26
B-2 0.00 0.00 19,181.80 0.00 3,066,141.00
B-3 0.00 0.00 14,848.41 0.00 2,373,464.61
B-4 0.00 0.00 7,424.21 0.00 1,186,732.31
B-5 0.00 0.00 3,090.82 0.00 494,055.92
B-6 0.00 0.00 6,202.92 0.00 991,514.42
Totals 0.00 0.00 1,214,766.12 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>
I-A-PO 1,272,928.93 0.00000% 996.16010770 0.00000000 0.00000000 0.00000000
I-A-1 95,249,900.00 7.50000% 983.48894519 6.14680593 0.00000000 0.00000000
I-A-2 14,426,000.00 7.00000% 995.95637529 5.80974560 0.00000000 0.00000000
I-A-3 6,350,000.00 8.00000% 1000.00000000 6.66666614 0.00000000 0.00000000
I-A-4 17,500,000.00 7.50000% 1000.00000000 6.25000000 0.00000000 0.00000000
I-A-5 4,200,000.00 8.00000% 1000.00000000 6.66666667 0.00000000 0.00000000
I-A-6 3,909,000.00 8.00000% 1000.00000000 6.66666667 0.00000000 0.00000000
I-A-7 5,080,000.00 8.00000% 1000.00000000 6.66666732 0.00000000 0.00000000
I-A-8 3,079,000.00 8.00000% 1000.00000000 6.66666775 0.00000000 0.00000000
I-A-9 1,808,000.00 8.00000% 1000.00000000 6.66666482 0.00000000 0.00000000
I-A-10 10,000,000.00 7.00000% 1005.83333300 5.86736100 0.00000000 0.00000000
I-AR 100.00 7.50000% 0.00000000 0.00000000 0.00000000 0.00000000
II-A-PO 802,353.80 0.00000% 996.16140660 0.00000000 0.00000000 0.00000000
II-A-1 20,657,000.00 7.50000% 990.90952946 6.19318439 0.00000000 0.00000000
B-1 5,748,000.00 7.50000% 999.05217641 6.24407620 0.00000000 0.00000000
B-2 3,072,000.00 7.50000% 999.05217448 6.24407552 0.00000000 0.00000000
B-3 2,378,000.00 7.50000% 999.05217410 6.24407485 0.00000000 0.00000000
B-4 1,189,000.00 7.50000% 999.05217830 6.24407906 0.00000000 0.00000000
B-5 495,000.00 7.50000% 999.05218182 6.24408081 0.00000000 0.00000000
B-6 993,409.06 7.50000% 999.05219306 6.24407432 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>
I-A-PO 0.00000000 0.00000000 0.00000000 0.00000000 995.08115508
I-A-1 0.00000000 0.00000000 6.14680593 0.00000000 958.24989265
I-A-2 0.00000000 0.00000000 5.80974560 0.00000000 991.88916262
I-A-3 0.00000000 0.00000000 6.66666614 0.00000000 1000.00000000
I-A-4 0.00000000 0.00000000 6.25000000 0.00000000 1000.00000000
I-A-5 0.00000000 0.00000000 6.66666667 0.00000000 1000.00000000
I-A-6 0.00000000 0.00000000 6.66666667 0.00000000 1000.00000000
I-A-7 0.00000000 0.00000000 6.66666732 0.00000000 1000.00000000
I-A-8 0.00000000 0.00000000 6.66666775 0.00000000 1000.00000000
I-A-9 0.00000000 0.00000000 6.66666482 0.00000000 1000.00000000
I-A-10 0.00000000 0.00000000 5.86736100 0.00000000 1011.70069400
I-AR 0.00000000 0.00000000 117.50000000 0.00000000 0.00000000
II-A-PO 0.00000000 0.00000000 0.00000000 0.00000000 992.48463708
II-A-1 0.00000000 0.00000000 6.19318439 0.00000000 987.36744687
B-1 0.00000000 0.00000000 6.24407620 0.00000000 998.09277314
B-2 0.00000000 0.00000000 6.24407552 0.00000000 998.09277344
B-3 0.00000000 0.00000000 6.24407485 0.00000000 998.09277124
B-4 0.00000000 0.00000000 6.24407906 0.00000000 998.09277544
B-5 0.00000000 0.00000000 6.24408081 0.00000000 998.09276768
B-6 0.00000000 0.00000000 6.24407432 0.00000000 998.09278969
<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 1,525.42
Deposits
Payments of Interest and Principal 3,651,438.04
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 99,197.08
Realized Losses 0.00
Total Deposits 3,750,635.12
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 42,572.83
Payment of Interest and Principal 3,709,587.76
Total Withdrawals (Pool Distribution Amount) 3,752,160.59
Ending Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment/Curtailment Interest Shortfall 1,130.92
Servicing Fee Support 1,130.92
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 40,921.12
Master Servicing Fee 2,782.64
Supported Prepayment/Curtailment Interest Shortfall 1,130.92
Net Servicing Fee 42,572.83
</TABLE>
<TABLE>
<CAPTION> CERTIFICATEHOLDER DELINQUENCY/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
Percentage Delinquent
Based On
Current Unpaid
Number Principal Number Unpaid
Of Loans Balance Of Loans Balance
<S> <C> <C> <C> <C>
30 Days 7 705,629.81 0.482759% 0.363852%
60 Days 2 222,004.15 0.137931% 0.114475%
90+ Days 0 0.00 0.000000% 0.000000%
Foreclosure 0 0.00 0.000000% 0.000000%
REO 0 0.00 0.000000% 0.000000%
Totals 9 927,633.96 0.620690% 0.478327%
</TABLE>
<TABLE>
<CAPTION>
OTHER INFORMATION
<S> <C>
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 21.29
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 309,707.12
</TABLE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE
Current Next
Original $ Original % Current $ Current % Class% Prepayment%
<S> <C> <C> <C> <C> <C> <C> <C>
Class I-A-1 101,686,862.86 51.30266938% 101,393,318.69 52.28260168% 47.570288% 0.000000%
Class I-A-2 87,260,862.86 44.02451872% 87,084,325.63 44.90429122% 7.457642% 0.000000%
Class I-A-3 80,910,862.86 40.82084086% 80,734,325.63 41.62996777% 3.309529% 0.000000%
Class I-A-4 63,410,862.86 31.99180741% 63,234,325.63 32.60624174% 9.120749% 0.000000%
Class I-A-5 59,210,862.86 29.87283938% 59,034,325.63 30.44054749% 2.188980% 0.000000%
Class I-A-6 55,301,862.86 27.90068556% 55,125,325.63 28.42490491% 2.037315% 0.000000%
Class I-A-7 50,221,862.86 25.33774328% 50,045,325.63 25.80544616% 2.647623% 0.000000%
Class I-A-8 47,142,862.86 23.78433791% 46,966,325.63 24.21778602% 1.604731% 0.000000%
Class I-A-9 45,334,862.86 22.87217262% 45,158,325.63 23.28550621% 0.942304% 0.000000%
Class I-A-1 35,334,862.86 17.82701065% 35,041,318.69 18.06875770% 5.272839% 0.000000%
Class I-AR 35,334,762.86 17.82696020% 35,041,318.69 18.06875770% 0.000000% 0.000000%
Class II-A- 13,875,409.06 7.00036862% 13,848,945.52 7.14109087% 10.630129% 0.000000%
Class B-1 8,127,409.06 4.10040951% 8,111,908.26 4.18283644% 2.990062% 0.000000%
Class B-2 5,055,409.06 2.55053576% 5,045,767.26 2.60180694% 1.598029% 0.000000%
Class B-3 2,677,409.06 1.35079624% 2,672,302.65 1.37795011% 1.237016% 0.000000%
Class B-4 1,488,409.06 0.75092648% 1,485,570.34 0.76602170% 0.618508% 0.000000%
Class B-5 993,409.06 0.50119096% 991,514.42 0.51126597% 0.257495% 0.000000%
Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.516763% 0.000000%
<FN>
Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
</FN>
</TABLE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
<S> <C> Original $<C> Original % Current $<C><C> Current %
Bankruptcy 215,434.00 0.10868994% 215,434.00 0.11108671%
Fraud 3,964,193.84 2.00000000% 3,964,193.84 2.04410281%
Special Hazard 1,982,096.92 1.00000000% 1,982,096.92 1.02205140%
<FN>
Limit of Subordinate's Exposure to Certain Types of Losses
</FN>
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 15 & 30 Year
Weighted Average Gross Coupon 8.319609%
Weighted Average Pass-Through Rate 7.500000%
Weighted Average Maturity(Stepdown Calculation ) 331
Beginning Scheduled Collateral Loan Count 1,461
Number Of Loans Paid In Full 11
Ending Scheduled Collateral Loan Count 1,450
Beginning Scheduled Collateral Balance 196,428,014.36
Ending Scheduled Collateral Balance 193,933,192.73
Ending Actual Collateral Balance at 31-Mar-2000 194,301,622.43
Ending Scheduled Balance For Norwest 167,309,542.01
Ending Scheduled Balance For Other Services 26,623,650.72
Monthly P &I Constant 1,449,133.80
Class A Optimal Amount 3,605,301.30
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 148,621,027.10
Ending scheduled Balance For discounted Loans 45,312,165.63
Unpaid Principal Balance Of Outstanding Mortgage Loans
With Original LTV:
Less Than Or Equal To 80% 128,961,610.18
Greater Than 80%, less than or equal to 85% 7,104,749.56
Greater than 85%, less than or equal to 95% 42,223,230.44
Greater than 95% 15,678,744.29
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
</TABLE>
<TABLE>
<CAPTION>
Group Level Collateral Statement
<S> <C>
Group ID 1 2 Total
Collateral Description Fixed 30 Year Fixed 15 Year
Weighted Average Coupon Rate 8.381239 7.852129
Weighted Average Net Rate 7.445706 7.237987
Weighted Average Maturity 352.00 171.00
Beginning Loan Count 1,279 182 1,461
Loans Paid In Full 11 0 11
Ending Loan Count 1,268 182 1,450
Beginning Scheduled Balance 173,549,169.21 22,878,845.15 196,428,014.36
Ending scheduled Balance 171,135,742.54 22,797,450.19 193,933,192.73
Record Date 3/31/00 3/31/00
Principal And Interest Constant 1,230,836.87 218,296.93 1,449,133.80
Scheduled Principal 114,080.57 75,209.17 189,289.74
Unscheduled Principal 2,299,346.11 6,185.79 2,305,531.90
Scheduled Interest 1,115,402.09 143,087.76 1,258,489.85
Servicing Fees 36,154.69 4,766.42 40,921.12
Master Servicing Fees 2,458.52 324.12 2,782.64
Trustee Fee 0.00 0.00 0.00
FRY Amount 96,682.36 6,618.51 103,300.87
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 0.00 0.00 0.00
Net Interest 980,106.51 131,378.71 1,111,485.23
Realized Loss Amount 0.00 0.00 0.00
Cumulative Realized Loss 0.00 0.00 0.00
Percentage of Cumulative Losses 0.00 0.00 0.00
</TABLE>
<TABLE>
<CAPTION> Delinquency Status By Groups
<S> <C> <C> <C> <C> <C> <C>
Group 30 Days 60 Days 90 + Days Foreclosure REO Bankruptcy
1 Principal Balance 705,629.81 222,004.15 0.00 0.00 0.00 0.00
Percentage Of Balance 0.412% 0.130% 0.000% 0.000% 0.000% 0.000%
Loan Count 7 2 0 0 0 0
Percentage Of Loans 0.552% 0.158% 0.000% 0.000% 0.000% 0.000%
2 Principal Balance 0.00 0.00 0.00 0.00 0.00 0.00
Percentage Of Balance 0.000% 0.000% 0.000% 0.000% 0.000% 0.000%
Loan Count 0 0 0 0 0 0
Percentage Of Loans 0.000% 0.000% 0.000% 0.000% 0.000% 0.000%
Totals:Principal Balance 705,629.81 222,004.15 0.00 0.00 0.00 0.00
Percentage of Balance 0.364% 0.114% 0.000% 0.000% 0.000% 0.000%
Loan Count 7 2 0 0 0 0
Percentage Of Loans 0.483% 0.138% 0.000% 0.000% 0.000% 0.000%
</TABLE>
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