|
|
|
|
|
|
|
|
|
|
Previous: PARACELSUS HEALTHCARE CORP, 8-K, 1998-12-18 |
Next: MORGAN STANLEY CAPITAL I INC, 8-K, 1998-12-18 |
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: April 15, 1998
(Date of earliest event reported)
Morgan Stanley Capital I Inc.
Sponsor)
(Issuer in Respect of Commercial Mortgage Pass-Through
Certificates Series 1998-WF 1)
Exact name of registrant as specified in charter)
Delaware 333-45467 13-3291626
(State or other juris- (Commission (I.R.S. Employer
diction of organization) File No.) Identification No.)
1585 Broadway, New York, New York 10036
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code
(212) 296-7000
(Former name or former address, if changed since
last report.)
ITEM 5. OTHER EVENTS
This Current Report on Form 8-K relates to
the Trust Fund formed, and the Commercial Mortgage
Pass-Through Certificates Series 1998-WF1 issued pursuant
to, a Pooling and Servicing Agreement, dated as of
March 1, 1998 (the "Pooling and Servicing Agreement"),
by and among Morgan Stanley Capital I Inc., as sponsor,
Wells Fargo Bank, National Association, as master servicer,
CRIIMI MAE Services Limited Partnership as special servicer,
LaSalle National Bank, as trustee and REMIC administrator,
and ABN AMRO Bank, N.V., as fiscal agent. The Class A-1,
Class A-2, Class X-1, Class B, Class C, Class D, and class E
Certificates have been registered pursuant to the Act under
a Registration Statement on Form S-3(File No.333-45467) the
"Registration Statement").
Capitalized terms used herein and not defined
herein have the same meanings ascribed to such terms in the
Pooling and Servicing Agreement.
Pursuant to Section 3.20 of the Pooling and
Servicing Agreement, the Trustee is filing this Current
Report containing the April 15, 1998 monthly distribution
report.
This Current Report is being filed by the Trustee, in
its capacity as such under the Pooling and Servicing
Agreement, on behalf of the Registrant. The information
reported and contained herein has been supplied to the
Trustee by one or more of the Master Servicer, the Special
Servicer or other third parties without independent review
or investigation by the Trustee.
Pursuant to the Pooling and Servicing Agreement,
the Trustee is not responsible for the accuracy or
completeness of such information.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND
EXHIBITS
Exhibit No. Description
99.1 Monthly distribution report pursuant to
Section 4.02 of the Pooling and Servicing
Agreement for the distribution on
April 15, 1998.
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed
on behalf of the Registrant by the undersigned thereunto duly
authorized.
LASALLE NATIONAL BANK, IN ITS CAPACITY AS TRUSTEE
UNDER THE POOLING AND SERVICING AGREEMENT ON
BEHALF OF GS MORTGAGE SECURITIES CORPORATION II,
REGISTRANT
By: /s/ Russell Goldenberg
Russell Goldenberg,
Senior Vice President
Date: April 30, 1998
ABN AMRO
LaSalle National Bank
Administrator:
Brian Ames (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
Morgan Stanley Capital I Inc., as Depositor
Wells Fargo Bank, National Association, as Master
Servicer CRIIMI MAE Services Limited Partnership,
as Special Servicer Commercial Mortgage Pass-Through
Certificates Series 1998-WF1
ABN AMRO Acct: 67-7900-40-9
Statement Date: 04/15/98
Payment Date: 04/15/98
Prior Payment: NA
Record Date: 03/31/98
WAC: 7.926846%
WAMM: 116.7201255
Number Of Pages
Table Of Contents 1
REMIC Certificate Report 3
Other Related Information 2
Asset Backed Facts Sheets 1
Delinquency Loan Detail 1
Mortgage Loan Characteristics 2
Total Pages Included In This Pa 10
Specially Serviced Loan Detail Appendix A
Modified Loan Detail Appendix B
Realized Loss Detail Appendix C
Information is available for this issue from the
following sources:
LaSalle Web Site www.lnbabs.com
LaSalle Bulletin Board (714) 282-3990
LaSalle ASAP Fax System (312) 904-2200
Bloomberg User Terminal
ASAP #: 315
Monthly Data File Name: 0315MMYY.EXE
Original
Class Face Value (1)
CUSIP Per $1,000
A-1 363,000,000.00
61745MER0 1000.000000000
A-2 653,315,000.00
61745MES8 1000.000000000
X-1 1,392,212,342. N
US61745MEZ23/6174 1000.000000000
X-2 763,756,000 N
US61745MEY57/6174 1000.000000000
B 69,610,000.00
61745MET6 1000.000000000
C 69,610,000.00
61745MEU3 1000.000000000
D 69,611,000.00
61745MEV1 1000.000000000
E 31,325,000.00
61745MEW9 1000.000000000
F 24,364,000.00
US61745MEX74/6174 1000.000000000
G 38,286,000.00
US61745MFA62/6174 1000.000000000
H 10,441,000.00
US61745MFB46/6174 1000.000000000
J 27,845,000.00
US61745MFC29/6174 1000.000000000
K 10,441,000.00
US61745MFD02/6174 1000.000000000
L 24,364,342.00
US61745MFE84/6174 1000.000000000
R-3 0.00
9ABSB129 1000.000000000
1,392,212,342.00
Opening
Class Balance
CUSIP Per $1,000
A-1 363,000,000.00
61745MER0 1000.000000000
A-2 653,315,000.00
61745MES8 1000.000000000
X-1 N 1,392,212,342.00
US61745MEZ23/61745MEZ2 1000.000000000
X-2 N 763,756,000.00
US61745MEY57/61745MEY5 1000.000000000
B 69,610,000.00
61745MET6 1000.000000000
C 69,610,000.00
61745MEU3 1000.000000000
D 69,611,000.00
61745MEV1 1000.000000000
E 31,325,000.00
61745MEW9 1000.000000000
F 24,364,000.00
US61745MEX74/61745MEX7 1000.000000000
G 38,286,000.00
US61745MFA62/61745MFA6 1000.000000000
H 10,441,000.00
US61745MFB46/61745MFB4 1000.000000000
J 27,845,000.00
US61745MFC29/61745MFC2 1000.000000000
K 10,441,000.00
US61745MFD02/61745MFD0 1000.000000000
L 24,364,342.00
US61745MFE84/61745MFE8 1000.000000000
R-3 0.00
9ABSB129 1000.000000000
1,392,212,342.00
Total P&I Payment 10,363,645.41
Principal
Payment
CUSIP Per $1,000
A-1 1,236,174.34
61745MER0 3.405438953
A-2 0.00
61745MES8 0.000000000
X-1 N 0.00
US61745MEZ23/61745MEZ2 0.000000000
X-2 N 0.00
US61745MEY57/61745MEY5 0.000000000
B 0.00
61745MET6 0.000000000
C 0.00
61745MEU3 0.000000000
D 0.00
61745MEV1 0.000000000
E 0.00
61745MEW9 0.000000000
F 0.00
US61745MEX74/61745MEX7 0.000000000
G 0.00
US61745MFA62/61745MFA6 0.000000000
H 0.00
US61745MFB46/61745MFB4 0.000000000
J 0.00
US61745MFC29/61745MFC2 0.000000000
K 0.00
US61745MFD02/61745MFD0 0.000000000
L 0.00
US61745MFE84/61745MFE8 0.000000000
R-3 0.00
9ABSB129 0.000000000
1,236,174.34
Notes:
(1) N denotes notional balance not included in total
(2) Interest Paid minus Interest Adjustment minus
Deferred Interest equals Accrual (3) Estimated
Principal
Class Adj. or Loss
CUSIP Per $1,000
A-1 0.00
61745MER0 0.000000000
A-2 0.00
61745MES8 0.000000000
X-1 N 0.00
US61745MEZ23/61745MEZ2 0.000000000
X-2 N 0.00
US61745MEY57/61745MEY5 0.000000000
B 0.00
61745MET6 0.000000000
C 0.00
61745MEU3 0.000000000
D 0.00
61745MEV1 0.000000000
E 0.00
61745MEW9 0.000000000
F 0.00
US61745MEX74/61745MEX7 0.000000000
G 0.00
US61745MFA62/61745MFA6 0.000000000
H 0.00
US61745MFB46/61745MFB4 0.000000000
J 0.00
US61745MFC29/61745MFC2 0.000000000
K 0.00
US61745MFD02/61745MFD0 0.000000000
L 0.00
US61745MFE84/61745MFE8 0.000000000
R-3 0.00
9ABSB129 0.000000000
Negative
Class Amortization
CUSIP Per $1,000
A-1 0.00
61745MER0 0.000000000
A-2 0.00
61745MES8 0.000000000
X-1 N 0.00
US61745MEZ23/61745MEZ2 0.000000000
X-2 N 0.00
US61745MEY57/61745MEY5 0.000000000
B 0.00
61745MET6 0.000000000
C 0.00
61745MEU3 0.000000000
D 0.00
61745MEV1 0.000000000
E 0.00
61745MEW9 0.000000000
F 0.00
US61745MEX74/61745MEX7 0.000000000
G 0.00
US61745MFA62/61745MFA6 0.000000000
H 0.00
US61745MFB46/61745MFB4 0.000000000
J 0.00
US61745MFC29/61745MFC2 0.000000000
K 0.00
US61745MFD02/61745MFD0 0.000000000
L 0.00
US61745MFE84/61745MFE8 0.000000000
R-3 0.00
9ABSB129 0.000000000
Closing
Class Balance
CUSIP Per $1,000
A-1 361,763,825.66
61745MER0 996.594561047
A-2 653,315,000.00
61745MES8 1000.000000000
X-1 N 1,390,976,167.66
US61745MEZ23/61745MEZ2 999.112079169
X-2 N 763,756,000.00
US61745MEY57/61745MEY5 1000.000000000
B 69,610,000.00
61745MET6 1000.000000000
C 69,610,000.00
61745MEU3 1000.000000000
D 69,611,000.00
61745MEV1 1000.000000000
E 31,325,000.00
61745MEW9 1000.000000000
F 24,364,000.00
US61745MEX74/61745MEX7 1000.000000000
G 38,286,000.00
US61745MFA62/61745MFA6 1000.000000000
H 10,441,000.00
US61745MFB46/61745MFB4 1000.000000000
J 27,845,000.00
US61745MFC29/61745MFC2 1000.000000000
K 10,441,000.00
US61745MFD02/61745MFD0 1000.000000000
L 24,364,342.00
US61745MFE84/61745MFE8 1000.000000000
R-3 0.00
9ABSB129 0.000000000
1,390,976,167.66
Notes: (1) N denotes notional balance not included
in total (2) Interest Paid minus Interest Adjustment
minus Deferred Interest equals Accrual (3) Estimated
Interest
Class Payment
CUSIP Per $1,000
A-1 1,890,625.00
61745MER0 5.208333333
A-2 3,566,011.04
61745MES8 5.458333331
X-1 N 849,465.44
US61745MEZ23/61745MEZ2 0.610155085
X-2 N 709,847.25
US61745MEY57/61745MEY5 0.929416266
B 386,915.58
61745MET6 5.558333285
C 392,716.42
61745MEU3 5.641666715
D 413,025.27
61745MEV1 5.933333381
E 190,560.42
61745MEW9 6.083333440
F 148,214.33
US61745MEX74/61745MEX7 6.083333197
G 199,406.25
US61745MFA62/61745MFA6 5.208333333
H 54,380.21
US61745MFB46/61745MFB4 5.208333493
J 145,026.04
US61745MFC29/61745MFC2 5.208333273
K 54,380.21
US61745MFD02/61745MFD0 5.208333493
L 126,897.61
US61745MFE84/61745MFE8 5.208333145
R-3 0.00
9ABSB129 0.000000000
9,127,471.07
Total P&I Payment 10,363,645.41
Interest
Class Adjustment
CUSIP Per $1,000
A-1 0.00
61745MER0 0.000000000
A-2 0.00
61745MES8 0.000000000
X-1 N 0.00
US61745MEZ23/61745MEZ2 0.000000000
X-2 N 0.00
US61745MEY57/61745MEY5 0.000000000
B 0.00
61745MET6 0.000000000
C 0.00
61745MEU3 0.000000000
D 0.00
61745MEV1 0.000000000
E 0.00
61745MEW9 0.000000000
F 0.00
US61745MEX74/61745MEX7 0.000000000
G 0.00
US61745MFA62/61745MFA6 0.000000000
H 0.00
US61745MFB46/61745MFB4 0.000000000
J 0.00
US61745MFC29/61745MFC2 0.000000000
K 0.00
US61745MFD02/61745MFD0 0.000000000
L 0.00
US61745MFE84/61745MFE8 0.000000000
R-3 0.00
9ABSB129 0.000000000
0.00
Pass-Through
Class Rate (2)
CUSIP Next Rate (3)
A-1 6.25000000%
61745MER0 6.25000000%
A-2 6.55000000%
61745MES8 6.55000000%
X-1 N 0.73218610%
US61745MEZ23/61745MEZ2 0.56534947%
X-2 N 1.11529952%
US61745MEY57/61745MEY5 1.03755894%
B 6.67000000%
61745MET6 6.67000000%
C 6.77000000%
61745MEU3 6.77000000%
D 7.12000000%
61745MEV1 7.12000000%
E 7.30000000%
61745MEW9 7.30000000%
F 7.30000000%
US61745MEX74/61745MEX7 7.30000000%
G 6.25000000%
US61745MFA62/61745MFA6 6.25000000%
H 6.25000000%
US61745MFB46/61745MFB4 6.25000000%
J 6.25000000%
US61745MFC29/61745MFC2 6.25000000%
K 6.25000000%
US61745MFD02/61745MFD0 6.25000000%
L 6.25000000%
US61745MFE84/61745MFE8 6.25000000%
R-3
9ABSB129
Notes: (1) N denotes notional balance not included
in total (2) Interest Paid minus Interest Adjustment
minus Deferred Interest equals Accrual (3) Estimated
Original Opening
Class Face Value (1) Balance
CUSIP Per $1,000 Per $1,000
Regular Interest 363,000,000 363,000,000.00
None 1000.000000000 1000.000000000
Regular Interest 129,715,000 129,715,000.00
None 1000.000000000 1000.000000000
Regular Interest 523,600,000 523,600,000.00
None 1000.000000000 1000.000000000
Regular Interest 69,610,00 69,610,000.00
None 1000.000000000 1000.000000000
Regular Interest 69,610,00 69,610,000.00
None 1000.000000000 1000.000000000
Regular Interest 69,611,00 69,611,000.00
None 1000.000000000 1000.000000000
Regular Interest 31,325,00 31,325,000.00
None 1000.000000000 1000.000000000
Regular Interest 24,364,00 24,364,000.00
None 1000.000000000 1000.000000000
Regular Interest 38,286,00 38,286,000.00
None 1000.000000000 1000.000000000
Regular Interest 10,441,00 10,441,000.00
None 1000.000000000 1000.000000000
Regular Interest 27,845,00 27,845,000.00
None 1000.000000000 1000.000000000
Regular Interest 10,441,00 10,441,000.00
None 1000.000000000 1000.000000000
Regular Interest 24,364,34 24,364,342.00
None 1000.000000000 1000.000000000
R-2 0.00
9ABSB106 1000.000000000 1000.000000000
1,392,212,342. 1,392,212,342.00
Principal Principal
Class Payment Adj. or Loss
CUSIP Per $1,000 Per $1,000
Regular Interest 1,236,174.34 0.00
None 3.405438953 0.000000000
Regular Interest 0.00 0.00
None 0.000000000 0.000000000
Regular Interest 0.00 0.00
None 0.000000000 0.000000000
Regular Interest 0.00 0.00
None 0.000000000 0.000000000
Regular Interest 0.00 0.00
None 0.000000000 0.000000000
Regular Interest 0.00 0.00
None 0.000000000 0.000000000
Regular Interest 0.00 0.00
None 0.000000000 0.000000000
Regular Interest 0.00 0.00
None 0.000000000 0.000000000
Regular Interest 0.00 0.00
None 0.000000000 0.000000000
Regular Interest 0.00 0.00
None 0.000000000 0.000000000
Regular Interest 0.00 0.00
None 0.000000000 0.000000000
Regular Interest 0.00 0.00
None 0.000000000 0.000000000
Regular Interest 0.00 0.00
None 0.000000000 0.000000000
R-2 0.00 0.00
9ABSB106 0.000000000 0.000000000
1,236,17 0.00
Notes: (1) N denotes notional balance not included
in total (2) Interest Paid minus Interest Adjustment
minus Deferred Interest equals Accrual (3) Estimated
Negative Closing
Class Amortization Balance
CUSIP Per $1,000 Per $1,000
Regular Interest 0.00 361,763,825.66
None 0.000000000 996.594561047
Regular Interest 0.00 129,715,000.00
None 0.000000000 1000.000000000
Regular Interest 0.00 523,600,000.00
None 0.000000000 1000.000000000
Regular Interest 0.00 69,610,000.00
None 0.000000000 1000.000000000
Regular Interest 0.00 69,610,000.00
None 0.000000000 1000.000000000
Regular Interest 0.00 69,611,000.00
None 0.000000000 1000.000000000
Regular Interest 0.00 31,325,000.00
None 0.000000000 1000.000000000
Regular Interest 0.00 24,364,000.00
None 0.000000000 1000.000000000
Regular Interest 0.00 38,286,000.00
None 0.000000000 1000.000000000
Regular Interest 0.00 10,441,000.00
None 0.000000000 1000.000000000
Regular Interest 0.00 27,845,000.00
None 0.000000000 1000.000000000
Regular Interest 0.00 10,441,000.00
None 0.000000000 1000.000000000
Regular Interest 0.00 24,364,342.00
None 0.000000000 1000.000000000
R-2 0.00 0.00
9ABSB106 0.000000000 0.000000000
Interest
Class Payment
CUSIP Per $1,000
Regular Interest 2,379,861.10
None 6.556091185
Regular Interest 850,423.37
None 6.556091200
Regular Interest 3,432,769.35
None 6.556091196
Regular Interest 456,369.51
None 6.556091223
Regular Interest 456,369.51
None 6.556091223
Regular Interest 456,376.06
None 6.556091135
Regular Interest 205,369.56
None 6.556091301
Regular Interest 159,732.61
None 6.556091364
Regular Interest 251,006.51
None 6.556091261
Regular Interest 68,452.15
None 6.556091371
Regular Interest 182,554.36
None 6.556091219
Regular Interest 68,452.15
None 6.556091371
Regular Interest 159,734.83
None 6.556090454
R-2 10.56
9ABSB106 0.000007585
Total P&I Payment 10,363,655.97
Interest Pass-Through
Class Adjustment Rate (2)
CUSIP Per $1,000 Next Rate (3)
Regular Interest 0.00 7.86730943%
None 0.000000000 7.70125941%
Regular Interest 0.00 7.86730943%
None 0.000000000 7.70125941%
Regular Interest 0.00 7.86730943%
None 0.000000000 7.70125941%
Regular Interest 0.00 7.86730943%
None 0.000000000 7.70125941%
Regular Interest 0.00 7.86730943%
None 0.000000000 7.70125941%
Regular Interest 0.00 7.86730943%
None 0.000000000 7.70125941%
Regular Interest 0.00 7.86730943%
None 0.000000000 7.70125941%
Regular Interest 0.00 7.86730943%
None 0.000000000 7.70125941%
Regular Interest 0.00 7.86730943%
None 0.000000000 7.70125941%
Regular Interest 0.00 7.86730943%
None 0.000000000 7.70125941%
Regular Interest 0.00 7.86730943%
None 0.000000000 7.70125941%
Regular Interest 0.00 7.86730943%
None 0.000000000 7.70125941%
Regular Interest 0.00 7.86730943%
None 0.000000000 7.70125941%
R-2 0.00
9ABSB106 0.000000000
Notes: (1) N denotes notional balance not included
in total (2) Interest Paid minus Interest Adjustment
minus Deferred Interest equals Accrual (3) Estimated
Original
Class Face Value (1) Balance
CUSIP Per $1,000 Per $1,000
Regular Interests1,392,229,645.11,392,229,645.17
None 1000.000000000 1000.000000000
R-I 0.00 0.00
9ABSB105 1000.000000000 1000.000000000
Opening Principal
Class Payment Adj. or Loss
CUSIP Per $1,000 Per $1,000
Regular Interests 1,236,174.34 0.00
None 0.887909796 0.000000000
R-I 0.00 0.00
9ABSB105 0.000000000 0.000000000
Notes: (1) N denotes notional balance not included
in total (2) Interest Paid minus Interest Adjustment
minus Deferred Interest equals Accrual (3) Estimated
Negative Closing
Class Amortization Balance
CUSIP Per $1,000 Per $1,000
Regular Interests 0.00 0.00
None 0.000000000 0.000000000
R-I 0.00 0.00
9ABSB105 0.000000000 0.000000000
Interest
Class Payment
CUSIP Per $1,000
Regular Interests1,390,993,470.83
None 999.112090204
R-I 0.00
9ABSB105 0.000000000
Total P&I Payment 10,363,655.97
Notes: (1) N denotes notional balance not included
in total (2) Interest Paid minus Interest Adjustment
minus Deferred Interest equals Accrual (3) Estimated
Class Adjustment Rate (2)
CUSIP Per $1,000 Next Rate (3)
Regular Interests 0.00 7.86730943%
None 0.000000000 7.70125941%
R-I 0.00
9ABSB105 0.000000000
Notes: (1) N denotes notional balance not included
in total (2) Interest Paid minus Interest Adjustment
minus Deferred Interest equals Accrual (3) Estimated
ABN AMRO
LaSalle National Bank
Administrator:
Brian Ames (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
Morgan Stanley Capital I Inc., as Depositor
Wells Fargo Bank, National Association, as Master Servicer
CRIIMI MAE Services Limited Partnership, as Special Servicer
Commercial Mortgage Pass-Through Certificates
Series 1998-WF1
ABN AMRO Acct: 67-7900-40-9
Other Related Information
Statement Date: 04/15/98
Payment Date: 04/15/98
Prior Payment: NA
Record Date: 03/31/98
Certificate Excess Prepay Unpaid
Class Interest Shortfall Interest
A-1 0.00 0.00
A-2 0.00 0.00
X-1 0.00 0.00
X-2 0.00 0.00
B 0.00 0.00
C 0.00 0.00
D 0.00 0.00
E 0.00 0.00
F 0.00 0.00
G 0.00 0.00
H 0.00 0.00
J 0.00 0.00
K 0.00 0.00
L 0.00 0.00
Totals: 0.00 0.00
Certificate Deferred
Class Interest
A-1 0.00
A-2 0.00
X-1 0.00
X-2 0.00
B 0.00
C 0.00
D 0.00
E 0.00
F 0.00
G 0.00
H 0.00
J 0.00
K 0.00
L 0.00
Totals: 0.00
Certificate Appraisal Reduction Yield Maint.
Class Capitalization Amt Premiums
A-1 0.00 0.00
A-2 0.00 0.00
X-1 0.00 0.00
X-2 0.00 0.00
B 0.00 0.00
C 0.00 0.00
D 0.00 0.00
E 0.00 0.00
F 0.00 0.00
G 0.00 0.00
H 0.00 0.00
J 0.00 0.00
K 0.00 0.00
L 0.00 0.00
Totals: 0.00 0.00
Advances
Prior Outstanding
Principal Interest
Servicer: 0.00 0.00
Trustee: 0.00 0.00
Fiscal Agent: 0.00 0.00
Totals: 0.00 0.00
Current Month
Principal Interest
Servicer: 24,439.25 157,097.98
Trustee: 0.00 0.00
Fiscal Agent: 0.00 0.00
Totals: 24,439.25 157,097.98
Recovered
Principal Interest
Servicer: 0.00 0.00
Trustee: 0.00 0.00
Fiscal Agent: 0.00 0.00
Totals: 0.00 0.00
Advances Outstanding
Principal Interest
Servicer: 24,439.25 157,097.98
Trustee: 0.00 0.00
Fiscal Agent: 0.00 0.00
Totals: 24,439.25 157,097.98
Current Period Scheduled Servicing Fe 59,592.65
Current Period Scheduled Standby Spec 5,925.56
Additional Servicing Compensation: 0.00
Current Period Scheduled Trustee Fees 3,555.34
Summary of REO Property:
Principal
Property Name Date of REO Balance
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
Totals: 0.00 0.00
Property Name Book Value
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
Totals: 0.00
Date of Final Amount
Property Name Recovery of Proceeds
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
Totals: 0.00
Appraised value of real estate acquired through
foreclosure or grant of a deed in lieu of foreclosure:
Summary of Appraisal Reductions:
Principal
Property Name Loan Number Balance
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
Totals: 0 0
Appraisal Appraisal
Property Name Reduction Amount Date
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
Totals: 0 0
Date of
Property Name Reduction
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Totals: 0
Distribution Delinq 1 Month
Date
04/15/98 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
Distribution Delinq 2 Months
Date
04/15/98 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
Note: Foreclosure and REO Totals are Included in the
Appropriate Delinquency Aging Category
Distribution Delinq 3+ Months
Date
04/15/98 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
Distribution Foreclosure/Bankruptcy
Date
04/15/98 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
Note: Foreclosure and REO Totals are Included in the
Appropriate Delinquency Aging Category
Distribution REO
Date
04/15/98 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
Distribution Modifications
Date
04/15/98 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
Note: Foreclosure and REO Totals are Included in the
Appropriate Delinquency Aging Category
Distribution Prepayments
Date
04/15/98 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
01/00/00 0 0
01/00/00 0.00% 0.00%
Distribution Curr Weighted Avg.
Date
04/15/98 7.9268% 7.8673%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
01/00/00 0.0000% 0.0000%
Note: Foreclosure and REO Totals are Included in the
Appropriate Delinquency Aging Category
Delinquent Loan Detail
Paid
Disclosure Doc Thru
Control # Date
154 03/01/98
268 03/01/98
45 03/01/98
107 03/01/98
128 03/01/98
159 03/01/98
Total 0.00 0.00
Delinquent Loan Detail
Outstanding
Disclosure Doc Current P&I P&I
Control # Advance Advances**
154 27,229.26 27,229.26
268 10,428.94 10,428.94
45 61,279.87 61,279.87
107 32,901.33 32,901.33
128 27,859.77 27,859.77
159 21,739.97 21,739.97
Total 181,439.14
A. P&I Advance - Loan in Grace Period
B. P&I Advance - Late Payment but < one month delinq
1. P&I Advance - Loan delinquent 1 month
2. P&I Advance - Loan delinquent 2 months
3. P&I Advance - Loan delinquent 3 months or More
4. Matured Balloon/Assumed Scheduled Payment
** Outstanding P&I Advances include the
Out. Property
Disclosure Doc Protection Advance
Control # Advances Description (1)
154 0.00 B
268 0.00 B
45 0.00 B
107 0.00 B
128 0.00 B
159 0.00 B
Total 0.00
Special
Disclosure Doc Servicer
Control # Transfer Date
154
268
45
107
128
159
Total
A. P&I Advance - Loan in Grace Period
B. P&I Advance - Late Payment but < one month delinq
1. P&I Advance - Loan delinquent 1 month
2. P&I Advance - Loan delinquent 2 months
3. P&I Advance - Loan delinquent 3 months or More
4. Matured Balloon/Assumed Scheduled Payment
** Outstanding P&I Advances include the
Disclosure Doc Foreclosure Bankruptcy
Control # Date Date
154
268
45
107
128
159
Disclosure Doc REO
Control # Date
0
154
268
45
107
128
159
A. P&I Advance - Loan in Grace Period
B. P&I Advance - Late Payment but < one month delinq
1. P&I Advance - Loan delinquent 1 month
2. P&I Advance - Loan delinquent 2 months
3. P&I Advance - Loan delinquent 3 months or More
4. Matured Balloon/Assumed Scheduled Payment
** Outstanding P&I Advances include the
current period P&I Advance
Delinquent Loan Detail
Paid
Disclosure Doc Thru Current P&I
Control # Date Advance
Delinquent Loan Detail
Outstanding
Disclosure Doc P&I
Control # Advances**
A. P&I Advance - Loan in Grace Period
B. P&I Advance - Late Payment but < one month delinq
1. P&I Advance - Loan delinquent 1 month
2. P&I Advance - Loan delinquent 2 months
3. P&I Advance - Loan delinquent 3 months or More
4. Matured Balloon/Assumed Scheduled Payment
** Outstanding P&I Advances include the
current period P&I Advance
Out. Property
Disclosure Doc Protection Advance
Control # Advances Description (1)
Special
Disclosure Doc Servicer
Control # Transfer Date
A. P&I Advance - Loan in Grace Period
B. P&I Advance - Late Payment but < one month delinq
1. P&I Advance - Loan delinquent 1 month
2. P&I Advance - Loan delinquent 2 months
3. P&I Advance - Loan delinquent 3 months or More
4. Matured Balloon/Assumed Scheduled Payment
** Outstanding P&I Advances include the
current period P&I Advance
Disclosure Doc Foreclosure Bankruptcy REO
Control # Date Date Date
A. P&I Advance - Loan in Grace Period
B. P&I Advance - Late Payment but < one month delinq
1. P&I Advance - Loan delinquent 1 month
2. P&I Advance - Loan delinquent 2 months
3. P&I Advance - Loan delinquent 3 months or More
4. Matured Balloon/Assumed Scheduled Payment
** Outstanding P&I Advances include the
current period P&I Advance
Delinquent Loan Detail
Paid
Disclosure Doc Thru Current P&I
Control # Date Advance
Outstanding
Disclosure Doc P&I
Control # Advances**
A. P&I Advance - Loan in Grace Period
B. P&I Advance - Late Payment but < one month delinq
1. P&I Advance - Loan delinquent 1 month
2. P&I Advance - Loan delinquent 2 months
3. P&I Advance - Loan delinquent 3 months or More
4. Matured Balloon/Assumed Scheduled Payment
** Outstanding P&I Advances include the
current period P&I Advance
Out. Property
Protection Advance
Disclosure Doc Advances Description (1)
Special
Servicer
Disclosure Doc Transfer Date
A. P&I Advance - Loan in Grace Period
B. P&I Advance - Late Payment but < one month delinq
1. P&I Advance - Loan delinquent 1 month
2. P&I Advance - Loan delinquent 2 months
3. P&I Advance - Loan delinquent 3 months or More
4. Matured Balloon/Assumed Scheduled Payment
** Outstanding P&I Advances include the
current period P&I Advance
Disclosure Doc Foreclosure Bankruptcy REO
Control # Date Date Date
A. P&I Advance - Loan in Grace Period
B. P&I Advance - Late Payment but < one month delinq
1. P&I Advance - Loan delinquent 1 month
2. P&I Advance - Loan delinquent 2 months
3. P&I Advance - Loan delinquent 3 months or More
4. Matured Balloon/Assumed Scheduled Payment
** Outstanding P&I Advances include the
current period P&I Advance
Pool Total
Distribution of Principal Balances
Current Scheduled Number
Balances of Loans
0 to 1,000,000.0 21.0
1000001 to 2,000,000.0 76.0
2000000.01 to 3,000,000.0 57.0
3000000.01 to 4,000,000.0 36.0
4000000.01 to 5,000,000.0 33.0
5000000.01 to 6,000,000.0 25.0
6000000.01 to 7,000,000.0 6.0
7000000.01 to 8,000,000.0 11.0
8000000.01 to 9,000,000.0 5.0
9000000.01 to 10,000,000.0 2.0
10000000.01 to 11,000,000.0 3.0
11000000.01 to 12,000,000.0 4.0
12000000.01 to 13,000,000.0 8.0
13000000.01 to 14,000,000.0 1.0
14000000.01 to 15,000,000.0 1.0
15000000.01 to 16,000,000.0 1.0
16000000.01 to 17,000,000.0 0.0
17000000.01 to 18,000,000.0 1.0
18000000.01 to 19,000,000.0 1.0
19000000.01 & Above 7.0
Total 299
Current Scheduled Scheduled
Balances Balance
0 to 1000000 18,349,262.5
1000001 to 2000000 115,603,245.6
2000000.01 to 3000000 142,541,788.2
3000000.01 to 4000000 128,621,474.7
4000000.01 to 5000000 146,172,190.4
5000000.01 to 6000000 138,654,910.8
6000000.01 to 7000000 39,353,270.1
7000000.01 to 8000000 83,352,283.7
8000000.01 to 9000000 42,748,060.8
9000000.01 to 10000000 18,842,113.7
10000000.01 to 11000000 30,963,641.0
11000000.01 to 12000000 45,161,594.6
12000000.01 to 13000000 101,574,124.0
13000000.01 to 14000000 13,974,593.3
14000000.01 to 15000000 14,042,433.5
15000000.01 to 16000000 15,920,678.6
16000000.01 to 17000000 0.0
17000000.01 to 18000000 17,178,962.1
18000000.01 to 19000000 18,921,523.3
19000000.01 & Above 259,017,320.1
Total 1,390,993,470.83
Current Scheduled Based on
Balances Balance
0 to 1000000 1.32%
1000001 to 2000000 8.31%
2000000.01 to 3000000 10.25%
3000000.01 to 4000000 9.25%
4000000.01 to 5000000 10.51%
5000000.01 to 6000000 9.97%
6000000.01 to 7000000 2.83%
7000000.01 to 8000000 5.99%
8000000.01 to 9000000 3.07%
9000000.01 to 10000000 1.35%
10000000.01 to 11000000 2.23%
11000000.01 to 12000000 3.25%
12000000.01 to 13000000 7.30%
13000000.01 to 14000000 1.00%
14000000.01 to 15000000 1.01%
15000000.01 to 16000000 1.14%
16000000.01 to 17000000 0.00%
17000000.01 to 18000000 1.24%
18000000.01 to 19000000 1.36%
19000000.01 & Above 18.62%
Total 100.00%
Average Scheduled Balance is 4,652,152
Maximum Scheduled Balance is 59,755,688
Minimum Scheduled Balance is 447,236
Distribution of Property Types
Number Scheduled
Property Types of Loans Balance
Retail 84 361,617,455.64
Multifamily 71 349,211,282.40
Lodging 21 221,771,660.98
Industrial 64 197,975,902.21
Office 36 181,889,225.55
Mobile Home 6 42,539,044.97
Self Storage 12 22,013,018.57
Mixed Use 5 13,975,880.51
Total 299 1,390,993,470.83
Based on
Property Types Balance
Retail 26.00%
Multifamily 25.11%
Lodging 15.94%
Industrial 14.23%
Office 13.08%
Mobile Home 3.06%
Self Storage 1.58%
Mixed Use 1.00%
Total 100.00%
Geographic Distribution
Number Scheduled
Geographic Locatiof Loans Balance
California 115 489,556,732.76
Texas 37 123,531,813.18
Arizona 9 76,033,117.32
Ohio 13 71,455,443.07
Nevada 13 61,717,456.83
Pennsylvania 6 61,124,211.60
New York 5 43,194,428.88
Utah 7 39,959,324.69
Maryland 2 36,809,026.86
Massachusetts 3 35,512,633.74
Florida 12 34,955,641.84
Minnesota 2 33,701,824.54
Washington 7 31,634,157.91
Colorado 6 29,399,069.62
Indiana 7 26,301,843.51
Louisiana 4 23,451,154.08
North Carolina 6 19,595,348.81
Michigan 6 19,179,319.90
Virginia 2 18,153,999.47
New Jersey 5 16,368,169.12
Georgia 5 14,008,942.54
Oregon 2 12,974,417.35
Illinois 3 11,499,124.72
Vermont 2 10,027,640.16
Missouri 3 7,826,410.46
Connecticut 2 6,925,297.30
Idaho 4 5,782,236.96
New Hampshire 1 4,687,117.84
Mississippi 1 4,645,272.86
Iowa 1 4,108,425.62
Other 8 16,873,867.29
Total 299 1,390,993,470.83
Based on
Geographic Locati Balance
California 35.19%
Texas 8.88%
Arizona 5.47%
Ohio 5.14%
Nevada 4.44%
Pennsylvania 4.39%
New York 3.11%
Utah 2.87%
Maryland 2.65%
Massachusetts 2.55%
Florida 2.51%
Minnesota 2.42%
Washington 2.27%
Colorado 2.11%
Indiana 1.89%
Louisiana 1.69%
North Carolina 1.41%
Michigan 1.38%
Virginia 1.31%
New Jersey 1.18%
Georgia 1.01%
Oregon 0.93%
Illinois 0.83%
Vermont 0.72%
Missouri 0.56%
Connecticut 0.50%
Idaho 0.42%
New Hampshire 0.34%
Mississippi 0.33%
Iowa 0.30%
Other 1.21%
Total 100.00%
Distribution of Mortgage Interest Rates
Current Mortgage Number
Interest Rate of Loans
6.500% or less 0
6.500% to 7.000% 13
7.000% to 7.500% 76
7.500% to 8.000% 103
8.000% to 8.500% 75
8.500% to 9.000% 25
9.000% to 9.500% 6
9.500% to 10.000% 1
10.000% to 10.500% 0
10.500% to 11.000% 0
11.000% to 11.500% 0
11.500% to 12.000% 0
12.000% to 12.500% 0
12.500% to 13.000% 0
13.000% & Above 0
Total 299
Current Mortgage Scheduled
Interest Rate Balance
6.500% or less 0.00
6.500% to 7.000% 86,369,762.12
7.000% to 7.500% 412,571,823.40
7.500% to 8.000% 482,162,770.20
8.000% to 8.500% 290,108,244.28
8.500% to 9.000% 103,752,593.31
9.000% to 9.500% 11,919,851.90
9.500% to 10.000% 4,108,425.62
10.000% to 10.500% 0.00
10.500% to 11.000% 0.00
11.000% to 11.500% 0.00
11.500% to 12.000% 0.00
12.000% to 12.500% 0.00
12.500% to 13.000% 0.00
13.000% & Above 0.00
Total 1,390,993,470.83
Current Mortgage Based on
Interest Rate Balance
6.500% or less 0.00%
6.500% to 7.000% 6.21%
7.000% to 7.500% 29.66%
7.500% to 8.000% 34.66%
8.000% to 8.500% 20.86%
8.500% to 9.000% 7.46%
9.000% to 9.500% 0.86%
9.500% to 10.000% 0.30%
10.000% to 10.500% 0.00%
10.500% to 11.000% 0.00%
11.000% to 11.500% 0.00%
11.500% to 12.000% 0.00%
12.000% to 12.500% 0.00%
12.500% to 13.000% 0.00%
13.000% & Above
Total 100.00%
W/Avg Mortgage Interest Rate is 7.7599%
Minimum Mortgage Interest Rate is 6.7600%
Maximum Mortgage Interest Rate is 9.8300%
Loan Seasoning
Number Scheduled
Number of Years of Loans Balance
1 year or less 296 1,377,231,323.97
1+ to 2 years 3 13,762,146.86
2+ to 3 years 0 0.00
3+ to 4 years 0 0.00
4+ to 5 years 0 0.00
5+ to 6 years 0 0.00
6+ to 7 years 0 0.00
7+ to 8 years 0 0.00
8+ to 9 years 0 0.00
9+ to 10 years 0 0.00
10 years or more 0 0.00
Total 299 1,390,993,470.83
Number Based on
Number of Years of Loans Balance
1 year or less 296 99.01%
1+ to 2 years 3 0.99%
2+ to 3 years 0 0.00%
3+ to 4 years 0 0.00%
4+ to 5 years 0 0.00%
5+ to 6 years 0 0.00%
6+ to 7 years 0 0.00%
7+ to 8 years 0 0.00%
8+ to 9 years 0 0.00%
9+ to 10 years 0 0.00%
10 years or more 0 0.00%
Total 299 100.00%
Distribution of Remaining Term
Fully Amortizing
Fully Amortizing Number Scheduled
Mortgage Loans of Loans Balance
60 months or less 0 0.00
61 to 120 months 1 1,361,516.73
121 to 180 months 10 20,038,622.83
181 to 240 months 18 51,318,514.24
241 to 360 months 0 0.00
Total 29 72,718,653.80
Weighted Average Months to Maturity i206
Fully Amortizing Number Based on
Mortgage Loans of Loans Balance
60 months or less 0 0.00%
61 to 120 months 1 0.10%
121 to 180 months 10 1.44%
181 to 240 months 18 3.69%
241 to 360 months 0 0.00%
Total 29 5.23%
Distribution of DSCR
Debt Service Number
Coverage Ratio (1) of Loans
0.500 or less 0
0.500 to 0.625 0
0.625 to 0.750 0
0.750 to 0.875 0
0.875 to 1.000 0
1.000 to 1.125 0
1.125 to 1.250 18
1.250 to 1.375 60
1.375 to 1.500 68
1.500 to 1.625 65
1.625 to 1.750 27
1.750 to 1.875 18
1.875 to 2.000 15
2.000 to 2.125 11
2.125 & above 17
Unknown 0
Total 299
Distribution of D Scheduled Based on
0Balance Balance
0 0.00 0.00%
0.5 0.00 0.00%
0.5001 0.00 0.00%
0.6251 0.00 0.00%
0.7501 0.00 0.00%
0.8751 0.00 0.00%
1.0001 84,179,243.36 6.05%
1.1251 291,484,528.90 20.96%
1.2501 359,927,542.70 25.88%
1.3751 303,425,330.77 21.81%
1.5001 133,077,985.05 9.57%
1.6251 94,897,892.03 6.82%
1.7501 34,805,006.69 2.50%
1.8751 44,259,373.74 3.18%
2.0001 44,936,567.59 3.23%
2.1251 0.00 0.00
Unknown 0.00 0.00
Total 1,390,993,470.83 1.00
Weighted Average Debt Service Coverage
Ratio is 1.540845
Distribution of Amortization Type
Number Scheduled
Amortization Typeof Loans Balance
Fully Amortizing 29 72,718,653.80
Amortizing Balloo 269 1,288,274,817.03
Interest Only / B 1 30,000,000.00
Total 299 1,390,993,470.83
Based on
Amortization Type Balance
Fully Amortizing 5.23%
Amortizing Balloo 92.62%
Interest Only / B 2.16%
Total 100.00%
Distribution of Remaining Term
Balloon Number Scheduled
Mortgage Loans of Loans Balance
12 months or less 0 0.00
13 to 24 months 0 0.00
25 to 36 months 0 0.00
37 to 48 months 1 7,239,031.62
49 to 60 months 6 84,749,833.67
61 to 120 months 245 1,173,840,956.91
121 to 180 months 15 40,432,972.97
181 to 240 months 3 12,012,021.86
Total 270 1,318,274,817.03
Balloon Based on
Mortgage Loans Balance
12 months or less 0.00%
13 to 24 months 0.00%
25 to 36 months 0.00%
37 to 48 months 0.52%
49 to 60 months 6.09%
61 to 120 months 84.39%
121 to 180 months 2.91%
181 to 240 months 0.86%
Total 94.77%
NOI Aging
Number Scheduled
NOI Date of Loans Balance
1 year or less 0 0.00
1 to 2 years 0 0.00
2 Years or More 0 0.00
Unknown 299 1,390,993,470.83
Total 299 1,390,993,470.83
Based on
NOI Date Balance
1 year or less 0.00%
1 to 2 years 0.00%
2 Years or More 0.00%
Unknown 100.00%
Total 100.00%
Specially Serviced Loan Detail
Beginning
Disclosure Scheduled Interest Maturity
Control # Balance Rate Date
Legend :
1) Request for waiver of Prepayment Penalty
2) Payment default
3) Request for Loan Modification or Workout
4) Loan with Borrower Bankruptcy
5) Loan in Process of Foreclosure
6) Loan now REO Property
7) Loans Paid Off
8) Loans Returned to Master Servicer
Disclosure Property Serviced
Control # Type Status Code (1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Disclosure
Control # Comments
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Legend :
1) Request for waiver of Prepayment Penalty
2) Payment default
3) Request for Loan Modification or Workout
4) Loan with Borrower Bankruptcy
5) Loan in Process of Foreclosure
6) Loan now REO Property
7) Loans Paid Off
8) Loans Returned to Master Servicer
Modified Loan Detail
Disclosure Modification Modification
Control # Date Description
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
Realized Loss Detail
Dist. Disclosure Appraisal
Date Control # Date
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
Current Total
Cumulative
Dist. Disclosure Appraisal
Date Control # Value
0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
Current Total 0
Cumulative 0
Beginning
Dist. Disclosure Scheduled
Date Control # Balance
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
Current Total 0
Cumulative 0
Dist. Disclosure Gross
Date Control # Proceeds
0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
Current Total 0
Cumulative 0
Gross Proceeds
Dist. Disclosure as a % of
Date Control # Sched Principal
0 0
0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
Current Total 0
Cumulative 0
Aggregate
Dist. Disclosure Liquidation
Date Control # Expenses *
0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
Current Total 0
Cumulative 0
Net
Dist. Disclosure Liquidation
Date Control # Proceeds
0 0
0 0
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
0 0 0.00
Current Total 0.00
Cumulative 0.00
Net Proceeds
Dist. as a % of Realized
Date Sched. Balance Loss
0
0
0
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
Current Total 0.00 0.00
Cumulative 0.00 0.00
_
|
|